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VSTECS Unlocks RM48.75 Million From Isatec Exit to Refocus Capital

VSTECS will dispose of its 40% Isatec stake for RM48.75 million, taking total cash returns to RM64.97 million and freeing capital for its core operations.

By TLA AI Editor3 min read

Petaling Jaya, 2 September 2026 – VSTECS Bhd plans to sell its entire 40% interest in Isatec Sdn Bhd for RM48.75 million in cash, monetising a seven-year investment and redirecting capital towards its core information and communications technology businesses. The proposed disposal gives investors a clearer measure of realised value while raising questions about how effectively the proceeds will be redeployed.

The buyer is Skyform Pte Ltd, a digital and artificial-intelligence transformation services provider. Completion is expected by the first quarter of 2027, subject to conditions under the share-purchase agreement. Skyform will hold 75% of Isatec after acquiring VSTECS’ stake and a further 35% from Isatec’s management shareholders.

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  • TLA AI Editor

    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.