- Full Time Employees
- 31
- Sector
- Technology services
- Industry
- Information technology services
- Address
- Petaling Jaya Malaysia
- IPO Date
- Apr 15, 2003
- Business
- NetX Holdings Berhad is a Malaysia-based investment holding company that provides information technology solutions, electronic payment infrastructure, digital lifestyle platforms, financial services, and food and beverage operations. The company operates through five principal business segments: Electronic Payment Services and Money Services, Non-Electronic Payment and IT Infrastructure, Digital Platforms, Financial and Money Lending Services, and Food and Beverage Operations. In its Electronic Payment Services and Money Services segment, the company offers electronic data capture (EDC) point-of-sale payment terminal sales and leasing; proprietary payment software licensing; mobile payment gateway integration; electronic wallet solutions via GEM Pay; and licensed currency exchange services. In the Non-Electronic Payment and IT Infrastructure division, it provides enterprise IT architecture and system design; network security solutions; hardware and software system integration; infrastructure deployment; and post-implementation technical maintenance and support. Through its Digital Platforms segment, NetX operates GemSpot, a mobile and web application facilitating online food and beverage ordering, table reservations, event space booking, celebration planning, and digital gifting. In the Financial and Money Lending Services segment, the company delivers licensed commercial and personal financing solutions alongside motor vehicle trading. Under its additional business lines, the group provides digital out-of-home advertising; event management and consultation services, including venue decoration and prop staging; and commercial property investment and leasing, holding commercial real estate assets in Sungei Wang Plaza.
The company primarily serves commercial enterprises, retail merchants, financial institutions, and consumers across Malaysia and regional Southeast Asian markets. Founded in 2000 as Ariantec Global Berhad and rebranded to NetX Holdings Berhad in 2013, the company is headquartered in Petaling Jaya, Selangor, Malaysia, and maintains principal operating subsidiaries including Ariantec Sdn. Bhd., GEM Pay Sdn. Bhd., E-Fx Sdn. Bhd., and GEM Excite Sdn. Bhd.
In recent developments, NetX Holdings Berhad has actively restructured its operating portfolio to focus on high-growth digital and retail commerce verticals. The company entered into a strategic joint venture with Saudi Cold Storage Sdn. Bhd., a subsidiary of Saudee Group Berhad, to establish and roll out the Saudi Burger fast-food restaurant chain in Malaysia, subsequently rebalancing its equity interest in Saudi Burger Holdings Sdn. Bhd. to a 49% associate stake. Concurrently, the group has executed capital optimization initiatives, including warrant issuances and subsidiary realignments across its digital commerce assets, while expanding the merchant ecosystem of its GemSpot platform and integrating enhanced electronic payment gateway infrastructure across its retail and currency exchange touchpoints.