Kronologi active, up 4.52% on tie-up with member of Temasek
05 Dec 2017, 10:22 am
KUALA LUMPUR (Dec 5): Kronologi Asia Bhd rose 4.52% at mid-morning today after the company said it sees its new partnership with a member of Temasek Holdings to provide data backup services as one that will open up avenues for the group to do business with the public sector.
At 10am, Kronologi was up 4.5 sen to RM1.04 with 2.44 million shares done.
“While there is no fixed dollar attached to the partnership, it provides a huge opportunity for Kronologi in terms of doing business with government entities,” Kronologi's acting chief executive officer Philip Teo said yesterday.
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