The KANNALTEC GROUP began operations in the mid-80s. From its humble beginnings in 1988 as an independent maritime surveying and inspection agency, Kannaltec initiated itself into becoming an independent intermediary for container monitoring and detention collection for the majority of international and local shipping lines in Malaysia. The Group continued to build on its core competencies and went on to develop novel solutions to provide other container monitoring solutions as well as total logistic solutions for its customers. The success of the Group lead to its Logistic Informatics division, namely Kannaltec Berhad, to be listed on the MESDAQ market of Bursa Malaysia (Kuala Lumpur Stock Exchange) on 04 May 2005.
Since becoming a public company, the Group consciously embarked
on a journey to diversify into new businesses by developing new product
and service offerings for new market segments with the hope of gaining
a foothold in an attractive industry and thereby reduce our overall
business portfolio risk.
The Board of Directors charted a strategic plan towards transforming
the Group into a managed Information Communications and Technology
(ICT) services provider company. The journey to diversify into new
businesses which began in 2006 resulted in the Group developing a
business model that has allowed us to provide new product and service
offerings which would create significant economic value for our customers.
Today, the enlarged Group has three(3) primary main Business Units:
