Theta Edge secures RM33 million computer supply contract in Malaysia

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Theta Edge secures computer contract

Highlights

Theta Edge, through Theta Technologies Sdn Bhd, has been awarded a RM33.01 million contract to supply up to 5,742 laptops and desktops to Aceteam Networks Sdn Bhd.
The exclusive five-year contract takes effect after the first delivery and user acceptance testing, and involves a 'device as a service' model.
The contract is expected to contribute positively to Theta Edge’s earnings over five financial years through 31 December 2027, and will be funded through internal funds and borrowings.

This article was translated from the original. Read the original version by our correspondent here.

Contract details and implementation period

According to The Edge Malaysia, as reported in a Bursa Malaysia filing, Theta Edge said its wholly owned subsidiary, Theta Technologies Sdn Bhd, will supply computers to Aceteam Networks Sdn Bhd under a "device as a service" project, which involves providing and managing computer equipment throughout its lifecycle.

Under the agreement, Theta Technologies will become Aceteam’s exclusive supplier of new laptops and desktops, with deliveries made in accordance with agreed purchase orders. The contract begins with the first delivery and remains in force for five years after user acceptance testing is completed, unless terminated earlier.

The contract is worth RM33.01 million and covers the supply of up to 5,742 laptops and desktops.

Impact on earnings and market position

Aceteam is involved in cybersecurity, cloud computing, data networking and hardware supply, while its customers include government agencies, government-linked companies and businesses across various industries. The arrangement places Theta Edge in the supply chain for institutional and enterprise customers through a long-term information technology services model.

Theta Edge said the contract will enable the company to expand its computer hardware supply business and generate additional revenue. The company added that the contract is expected to contribute positively to its earnings over five financial years, starting with the financial year ending 31 Dec 2027, and that the project will be funded through internal funds and borrowings.

In our previous coverage of the growth of Malaysia’s ICT economy in 2025, we highlighted the ICT and e-commerce sector’s contribution of RM476.8 billion, or 23.5% of GDP, with ICT services remaining the largest segment. We also discussed the increase in ICT product exports and how the continued expansion of digital activity is strengthening the technology sector’s role as a key driver of the national economy.

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