Japan's Itochu buys K-One's cloud technology unit for RM94mil
Photo: New Straits Times
KUALA LUMPUR: K-One Technology Bhd is selling its 100 per cent stake in cloud services provider G-AsiaPacific Sdn Bhd (GAP) to Japanese conglomerate Itochu Corp and its Singapore unit for RM94 million.
From the original report
In a bourse filing, K-One said its unit K2 Meta Sdn Bhd had entered into a conditional share purchase agreement with Itochu and Itochu Singapore Pte Ltd to sell one million shares in GAP.
Itochu Singapore will acquire 60 per cent, or 600,000 shares, for RM56.4, while Itochu will buy the remaining 400,000 shares for RM37.6 million.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at New Straits Times
New Straits Times
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About this story
- Source
- New Straits Times
- Originally published
- Aug 4, 2026
- Updated here
- Aug 15, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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