Wintoni Group Bhd has proposed to ratify the diversification of its current business into the trading and sale of chemco products via an online chemical procurement business platform under the business-to-business segment, in an effort to generate long-term growth.
In a Bursa filing, the group said the diversification would involve the application of the big data-based artificial intelligence, consultancy services, provision of general B2B and business-to -consumer trading through e-commerce platforms and internet social media, provision of platforms for B2B and B2C mobile artificial intelligence system providers, provision of mobile voice and data interchange services, provision of source code, rights and integration of CMS as well as the business of...
On Aug 17 2017, Wintoni was wound up by the High Court, but the winding-up order was terminated on Sept 17, 2019. The three subsidiaries were disposed of on Feb 17 2020 and Feb 27, 2020 respectively. “The board is optimistic that the group has sufficient capabilities and expertise to grow the trading and ICT business by leveraging on its business networks and track record as well as the expertise of the key management personnel of TPSB and TESB.