PublicInvest Research

TECHNICAL BUY: ADB (0276)

PublicInvest
Publish date: Mon, 21 Oct 2024, 10:30 AM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Description

ADB specialises in delivering high-quality accounting software and business applications designed to meet the unique needs of small and medium enterprises (SMEs), multinational companies, and publicly listed organisations.

Fundamentals

In Budget 2025, the government announced RM50.0m in digitalisation grants for SMEs. These grants could support the adoption of digital technologies like e-Point of Sales systems, Customer Relation Management systems, digital marketing, ecommerce, and remote working solutions.

Source: PublicInvest Research - 21 Oct 2024

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