About ITB

ITB

Over the last 25 years, ITB has successfully developed & incubated investments in high technology, building a portfolio of over RM1 billion ringgit during this period. Its current holdings include those of

  • Inari Amertron Berhad, the largest technology company listed on Bursa Malaysia by market cap
  • DIVFEX, an ACE-listed telco and media equipment, and ERP services company

ITB’s portfolio companies collectively employ some 7,000 staff at locations in Malaysia, Philippines, China, Thailand, Indonesia, Singapore and the UK. The expertise in the ITB group include those of advanced semiconductor assembly of RF, Optoelectronics and Sensors; Systems Integration in Telco, Media, Self-Service Kiosks, with skillsets in Payments, Augmented Reality, Games Production and Data Analytics. New investments amongst the portfolio companies include those in industrial gloves and garment manufacturing, and in food technology/manufacturing.

Inari Amertron Berhad in 2022 is a component stock in the KLCI Top30 index. Inari is involved in the Outsourced Semiconductor Assembly and Test (“OSAT”) industry for RF products and tailored EMS contract manufacturing to the semiconductor optoelectronic industry. As at 30 June 2023, Inari operates 10 plants situated in Malaysia, Philippines and China with total production floor space of over 1.8 million square feet. For FY 2023, Inari reported a revenue of RM1.35 billion, a 13% decrease as compared to RM1.55 billion in FY 2022, and its earnings decreased from RM391 million in FY 2022 to RM325 million in FY 2023. The decrease in earnings was mainly attributable to lower revenues and higher energy costs. Inari exports 100% of its output.