Radiant Globaltech Bhd.

Radiant Globaltech Bhd.

MMYX:RGTECH
0.16
MYR
0.00
(0.00%)
Radiant Globaltech Bhd.
MYX:RGTECH
(Bursa Malaysia)

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Business
Radiant Globaltech Berhad is a Malaysia-based integrated technology solutions provider specializing in digital automation, point-of-sale infrastructure, and enterprise management systems for retail, commercial, and industrial markets. Founded in 1994 and headquartered in Kuala Lumpur, Malaysia, the company operates across Southeast Asia with direct operational presences in Malaysia, Vietnam, Cambodia, Thailand, and Singapore through operating subsidiaries such as Radiant Global ADC, Grand-Flo Spritvest, RG POSConnect, Adaptive POS, and Arms Software International. The company operates through two primary business segments: Hardware and Maintenance, and Software Solutions. The Hardware and Maintenance segment distributes, integrates, and services automated identification and data capture (AIDC) devices and retail automation hardware; offering products such as electronic point-of-sale (POS) terminals; interactive self-checkout systems and self-ordering kiosks; electronic shelf labeling (ESL) systems; radio frequency identification (RFID) readers, antennas, and tracking tags; barcode scanners and industrial barcode label printers; enterprise mobile computing devices and hand-held warehouse terminals; and related peripheral network equipment. In support of these systems, the company provides technical consultancy; preventive and corrective hardware maintenance; round-the-clock helpdesk and call center support; multi-tier service level agreements (SLAs); equipment deployment; and on-site user training. The Software Solutions segment designs, develops, customizes, and implements proprietary and third-party software platforms for retailers, food and beverage operators, hypermarkets, convenience store chains, manufacturing plants, fast-moving consumer goods (FMCG) distributors, utilities, and public sector organizations. Its software portfolio includes front-end POS software; back-end retail and inventory management platforms; mobile sales force automation tools; warehouse management systems (WMS); supply chain tracking and proof-of-delivery (POD) solutions under the ManageSuite brand; cloud-based electronic invoicing (e-invoicing) compliance engines; customer relationship management (CRM) portals; and merchant payment gateway integrations. In recent corporate developments, Radiant Globaltech has accelerated its expansion into cloud-based enterprise software and recurring software-as-a-service (SaaS) revenue models through strategic acquisitions and product enhancements. In 2024, the company agreed to acquire an 80% equity interest in Rymnet Solutions Sdn Bhd for RM52.5 million through a combination of cash consideration and new share issuances, adding cloud-based Human Resource Information System (HRIS) and automated payroll software to its regional offerings. In 2023, the company acquired the remaining 20% equity interest in enterprise tracking specialist Grand-Flo Spritvest Sdn Bhd for RM12.6 million to make it a wholly owned subsidiary, solidifying its market position in supply chain automation. Furthermore, the group recently deployed mandated regulatory e-invoicing modules across its existing retail POS and enterprise client base while broadening its industrial digitalization and RFID tracking deployments across Southeast Asian regional markets.