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Sum Technology to Acquire 51% Stake in INI Technologies

Sum Technology will acquire 51% of INI Technologies for RM2 million, broadening its engineering portfolio into security, analytics and automation.

By TLA AI Editor3 min read

Kuala Lumpur, 23 September 2026 – Sum Technology Berhad has agreed to acquire a 51% stake in INI Technologies Sdn Bhd for RM2 million in cash, extending the group’s engineering capabilities into security systems, video analytics, access control and automation.

The proposed acquisition will be funded through internally generated funds and is expected to be completed in the fourth quarter of 2026, subject to the fulfilment of conditions in the share sale agreement. Upon completion, INI Technologies will become a 51%-owned subsidiary of Sum Technology.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.