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ICT Zone Asia Berhad is a Bursa Malaysia ACE Market-listed IT company in Malaysia with over two decades of experience in technology financing, IT device lifecycle management, and IT solutions.
Founded in 2000, the Group has grown from an IT equipment provider into a structured Technology Financing company serving SMEs, enterprises, government agencies, and institutions across Malaysia. Our solutions help organisations access, manage, maintain, and refresh IT assets with better cost control and operational efficiency.
Through our core Technology Financing model, ICT Zone provides rental, leasing, and subscription-based IT solutions for hardware, software, managed services, refurbished devices, and carbon-neutral computing.
This model supports organisations that require reliable technology access without heavy upfront capital expenditure. It also enables better planning for IT refresh cycles, asset recovery, and lifecycle support.
Specialised subsidiaries under ICT Zone Asia Berhad support ICT Zone’s growth.
ICT Zone Sdn Bhd is a subsidiary of ICT Zone Asia Berhad, an investment holding company that was set up in 2019. ICT Zone Ventures Berhad specialising in Technology Financing, Device-as-a-Service, and IT device lifecycle management. Techfin Capital Sdn Bhd provides technology financing and IT asset cost management. HaaS Technologies Sdn Bhd, operating through Cloudify.Asia, focuses on cloud-based services and digital solutions.
Sustainability is part of our operating discipline. ICT Zone integrates device recovery, carbon-neutral computing, and IT device lifecycle management into its service model. The Group holds sustainability-related certifications and recognitions, including ISO 14001:2015, the MyHijau Mark certification, HP Amplify Impact recognition, an EcoVadis sustainability rating, and participation in the Bursa Carbon Exchange.
ICT Zone is guided by a clear vision and mission to support organisations through responsible technology access, structured financing, and sustainable IT lifecycle practices.
To be a leading Technology Financing (TechFin) provider in the Asia-Pacific region, empowering organisations through integrated XaaS solutions and disciplined device lifecycle management, driving smarter and more sustainable digital transformation.
Our values guide how we operate, shape our culture, and ensure responsible decision-making in the interests of our clients, partners, and stakeholders.
We deliver adaptable and scalable solutions that respond to client needs while staying aligned with evolving technology trends.
We uphold our commitments with accountability and professionalism, always acting in the best interests of our stakeholders.
Our clients depend on us for consistent, durable, and future-ready IT Solutions that support long-term operations.
We operate with openness and clarity, ensuring stakeholders remain informed and engaged, even in challenging circumstances.
We embrace new ideas and evolving technologies to develop practical solutions that improve how clients access, manage, and optimise their IT needs.
ICT Zone began with a homegrown IT equipment leasing and rental business. Over time, the Group evolved into a Technology Financing company with a clear role in Malaysia’s ICT financing market.
In 2011, ICT Zone Ventures Berhad received approval from Suruhanjaya Syarikat Malaysia to establish, manage, and operate the ICT Zone Ventures Scheme. The scheme was created to support the Group’s expanding IT equipment rental, leasing, and technology financing business.
In 2012, the ICT Zone Ventures Scheme received recognition as a Shariah-compliant investment from the Islamic Banking and Finance Institute Malaysia. This marked an important milestone for the Group in offering Islamic leasing-based solutions through Mudharabah Al Mua’ddat Investment.
In 2014, ICT Zone Ventures Berhad received approval from Suruhanjaya Syarikat Malaysia to manage and operate a second Shariah-compliant IT interest scheme. By 2020, the interest schemes had completed their objectives.
The Group continued its expansion through new business areas and subsidiaries. The acquisition of HaaS Technologies Sdn Bhd strengthened ICT Zone’s position in cloud-based solutions through Cloudify.Asia, covering cloud infrastructure, storage, backup, and AI.
Today, ICT Zone Asia Berhad operates as an integrated IT and Technology Financing ecosystem built around financing, rental and subscription solutions, IT supply and trading, and lifecycle support services.
ICT Zone has developed service brands that support different client needs across technology financing, rental, leasing, subscription, and refurbished IT solutions.
ICT Zone Asia Berhad is supported by subsidiaries that deliver specialised capabilities across technology financing, IT leasing, rental, managed services, cloud solutions, and IT asset lifecycle management.
Bursa Malaysia ACE Market-listed investment holding company.
ICT Zone Sdn Bhd provides technology leasing and rental solutions that make IT equipment more accessible for businesses across Malaysia.
ICT Zone Ventures Berhad provides IT equipment leasing and rental, IT solutions, and leasing and factoring facilities for overnment and corporate sectors.
Techfin Capital Sdn Bhd supports business productivity and IT asset cost management through technology financing, leasing, rental, managed services, and asset disposal solutions.
HaaS Technologies Sdn Bhd, through Cloudify.Asia provides cloud-based services, pay-per-use technology models, data, analytics, and AI-related solutions for organisations moving toward digital transformation.
From its early beginnings in IT equipment supply to its current position as an ACE Market-listed IT company, ICT Zone has built a business model focused on sustainable access to technology, structured financing, and long-term stakeholder value.
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Our Board of Directors provides strategic direction, governance oversight, and business leadership for the Group’s long-term growth.
Non-Independent Non-Executive Chairman
Datuk Seri Ng Thien Phing is an entrepreneur driven by purpose. Co-founding ICT Zone Holding Sdn Bhd and ICT Zone Sdn Bhd in early 2000s, which today anchor ICT Zone Asia Berhad, listed on the ACE Market of Bursa Malaysia. He currently serves as its Non-Independent Non-Executive Chairman and indirect controlling shareholder, underscoring his instinct for building resilient ventures.
Managing Director and Chief Executive Officer
Lim Kok Kwang is ICT Zone Asia Berhad’s substantial shareholder, Managing Director and CEO. Appointed to the Board on 28 January 2019, he oversees the Group’s strategic direction. He co-founded ICT Zone Holding Sdn Bhd in 2000, led business development, managed ICT Zone Sdn Bhd operations, and later oversaw leasing and funding at ICT Zone Ventures.
Executive Director and Chief Operating Officer
Vincent Ng Soon Kiat is ICT Zone Asia Berhad’s Executive Director and Chief Operating Officer. Appointed to the Board on 13 January 2020, he oversees daily operations. He joined ICT Zone Holding as Business Development Manager, held various sales and management roles in ICT Zone Sdn Bhd, and became Chief Operating Officer in January 2018.
Independent Non-Executive Director
Karen Yap Pik Li is ICT Zone Asia Berhad’s Independent Non-Executive Director, appointed on 13 February 2024. She is a CIMA Fellow, MIA Chartered Accountant, CGMA, and ICDM member. She served Theta Edge Berhad in finance and corporate roles, including Chief Financial Officer, with over 20 years of financial management experience.
Independent Non-Executive Director
Chong Pei Nee is ICT Zone Asia Berhad’s Independent Non-Executive Director, appointed on 2 April 2024. She has over 20 years’ talent development experience and holds an MBA. She served MIM Education, Lion Group, and CEDR Corporate Consulting, overseeing operations, strategy, learning needs, organisational restructuring, financial improvement, and strategic partnerships.
Independent Non-Executive Director
Sim Shu Mei is ICT Zone Asia Berhad’s Independent Non-Executive Director, appointed on 2 April 2024. She holds a Bachelor of Science in Actuarial Mathematics and Finance and is a CFA charterholder. She is Associate Director at Ekuinas, with experience in private equity, value creation, corporate finance, mergers and acquisitions, advice, and fundraising.
