Kronologi Asia Bhd.
MMYX:KRONO0.13
MYR
+0.01
(+4.00%)
Kronologi Asia Bhd.
MYX:KRONO
(Bursa Malaysia)
Recent
price
0.13
P/E
ratio
16.05
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Kronologi Asia Berhad is an investment holding company specializing in enterprise data management infrastructure technology and cloud and hybrid as-a-service (AAS) solutions. The company provides a range of products and services including EDM hardware for digital data recording, storage, and retention; EDM software supporting data backup, storage, recovery, and restoration; and EDM managed services comprising backup, storage, disaster recovery, health checks, capacity planning, and remote monitoring. It also engages in IT software development, business consulting, multimedia development, and distribution and resale of computers and related products. Kronologi serves enterprises in Malaysia, Singapore, Thailand, the Philippines, Indonesia, India, Hong Kong, Taiwan, China, and internationally, targeting medium to large enterprises and service providers in sectors such as smart cities, data centers, and cloud providers. Founded in 2002 and headquartered in Kuala Lumpur, Malaysia, Kronologi is recognized as a leading authority in Asia for cutting-edge enterprise data management solutions. Recent major changes include Kronologi’s strategic expansion of its partnership with LT Zero Pte. Ltd. to cover the Asia-Pacific region, strengthening its capabilities in AI-driven data storage and cloud innovation. In 2024-2025, the company executed strategic initiatives focusing on improving profitability and operational resilience through AI-driven data platforms and high-performance workflows. It agreed to acquire the remaining 83.33% stake in Quantum China Limited to further consolidate its presence and capabilities. Kronologi has increased investment in infrastructure and has shifted towards consumption-based and subscription models in its EDM as-a-service offerings to enhance market responsiveness and customer savings on capital expenditure. The company continues to expand its footprint across the Asia-Pacific region, emphasizing hybrid and cloud-based solutions to meet growing demand for data management in the booming regional data storage market. These strategic moves align with Kronologi's focus on technology-driven growth, operational excellence, and regional market expansion. The company operates through distinct segments including EDM Infrastructure Technology, EDM Managed Services, and Investment Holding. Its business model supports a comprehensive enterprise data management portfolio catering to diverse IT infrastructure optimization and data protection needs. Kronologi's ongoing investments in property, plant, and equipment and exploration of potential mergers and acquisitions underpin its growth strategy. The company remains committed to delivering value through innovative technology solutions and expanding its market share in Southeast Asia and beyond.