- CEO
- Jen Wen Chia
- Full Time Employees
- 454
- Sector
- Electronic technology
- Industry
- Computer peripherals
- Address
- IRIS Smart Technology Complex Kuala Lumpur WP Malaysia 57000
- IPO Date
- Jul 2, 2002
- Business
- IRIS Corporation Berhad engages in the development and provision of trusted identification solutions, including electronic passports, national e-identification cards, digital IDs, eVisas, eVoter cards, driver's licenses, and automated border control systems; it manufactures smart cards in PVC, PC, PETG, and hybrid materials, biometric scanners, contact and contactless card readers, secure document solutions with IRISeal technology, payment cards, RFID systems, automated electronic ticketing and fare collection, loyalty management programs, and digital conferencing systems. The company serves government agencies and enterprises in sectors such as immigration, banking, transportation, healthcare, and security, with operations spanning over 34 countries including Malaysia, Nigeria, Senegal, Tanzania, Guinea-Conakry, and others across Asia, Africa, and beyond. Founded in 1994 and headquartered at IRIS Smart Technology Complex, Technology Park Malaysia, Bukit Jalil, Kuala Lumpur, Malaysia, IRIS lists on Bursa Malaysia's ACE Market under ticker 0010.KL. In September 2025, IRIS signed a supplemental agreement to transfer its listing to IGB Corporation Berhad as part of a major corporate restructuring aimed at streamlining its structure and enhancing market positioning; it recently sold IRIS Tech Ventures Sdn Bhd for MYR 2.4 million and faces ongoing legal matters including a failed appeal against ex-directors over investment losses. The company has implemented strategic cost-cutting measures, including cloud migration and automation, improving net profit margins to 11% in FY2025 despite a 40.5% revenue decline to RM221 million due to delayed e-passport deliveries and market challenges in its Trusted ID and IT division.