30/05/2025

BIZ & FINANCE FRIDAY | MAY 30, 2025

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GKK Malaysia seals tie-up with IITMPTF o Upskilling technology workforce with certified training in AI, semiconductors, green energy and Industry 5.0

Signature reports strong Q1 results, driven by interior fit-out segment KUALA LUMPUR: Signature

reflects our ability to capitalise on opportunities within Malaysia’s vibrant property market while reinforcing our position as a trusted solutions provider in the premium segment. “With our robust order book standing at RM1.23 billion, we remain optimistic about our continued growth prospects. “Demand remains strong across our core business segments, positioning us well to maintain our growth trajectory. “Our priority is boosting profits, streamlining operations, and leading the market,” he said. As of March 31, 2025, Signature International’s order book remained strong, with RM244 million under the Signature brand, RM663 million under the Corten brand, and RM322 million in interior fit-out projects. The group anticipates sustained positive revenue and profit performance, driven by steady project inflows and consistent market demand. In line with its sustainability goals, Signature International integrates ESG principles across its operations. “As we progress through 2025, Signature International remains strategically positioned to capitalise on emerging growth opportunities, driven by our strong market reputation and comprehensive solutions. “We are committed to delivering sustained value for our share holders and stakeholders alike,“ Lau said. Signature International is a subsidiary of Chin Hin Group Bhd, a Malaysian conglomerate listed on Bursa Malaysia, primarily engaged in building materials, construction, property development, and home and living solutions. Chin Hin’s portfolio also includes other prominent companies such as Ajiya Bhd, Chin Hin Group Property Bhd, and Fiamma Holdings Bhd.

International Bhd posted strong financial performance for its first quarter ended March 31, 2025 (Q1’25), with revenue rising by 64.5% to RM247.5 million compared to RM150.5 million in Q1’24. The group’s profit before taxation more than doubled to RM32.8 million from RM13.3 million a year ago, driven by improved margins and contributions from equity-accounted associates. The substantial revenue increase was primarily driven by the continued robust growth of the group’s interior fit-out segment, which contributed RM147.2 million, marking a notable increase from RM46.3 million in the same period last year. This impressive growth was fuelled by accelerated project execution and strong market demand, particularly within high value residential and commercial developments. The kitchen and wardrobe systems segments continued to deliver solid results. The Corten brand recorded revenue of RM52 million, while the Signature brand contributed RM48.3 million. Both segments recorded strong performance, driven by robust project sales and a deliberate strategic focus on premium and niche markets. This targeted approach not only enhanced revenue generation but also contributed significantly to margin expansion, ultimately strengthening overall profitability. Signature International group CEO KS Lau said the strong quarterly performance demonstrates the resilience and effectiveness of the company’s diversified business model, strategic market positioning, and operational capabilities. “The notable growth – particularly in our interior fit-out division – underscores our continued strength in securing and executing high margin projects. This performance

cybersecurity, AI and machine learning. “Students will master concepts and gain invaluable, hands-on experience and realwork insights through both academy and industry faculty support. Also, the globally recognised certificates they earn will further enhance their employability, making them highly sought-after talents both in Malaysia and internationally.” Indian High Commissioner to Malaysia B.N. Reddy said they are delighted to learn that GKK Malaysia has established a framework to promote advanced courses in Malaysia via IITMPTF, a renowned, leading innovation hub in India. Its advanced courses in cyber physical systems and other emerging technology domains are set to significantly enhance the competitive edge of Malaysian firms,” he added. “This initiative will help local industries stay ahead in an increasingly technology-driven global landscape.”

KUALA Professional training and certifications services, GKK Consultants Sdn Bhd (GKK Malaysia), has sealed a partnership with IIT Madras Pravartak Technologies Foundation (IITMPTF), to support and strengthen Malaysia’s National Artificial Intelligence Office (NAIO) and the country’s ongoing digital initiatives. Its goal is to bridge the digital skills gap through certified technology education programmes in the emerging technological areas of artificial intelligence, semiconductor design, green energy, Industry 5.0 applications and other advanced digital domains. GKK Malaysia managing director Dr Gajendra Balasingham said that according to Department of Statistics Malaysia, the digital economy alone contributed 23.5% to 2023’s GDP of RM427.7 billion and companies are still struggling to hire suitable employees for cloud computing, AI and data analytics. “Also, with USA’s recent tariff applications, this move stands to play a major contribution in overall cost cutting measures as many MNCs will be resorting to hire more Malaysians within their own organisations. This timely collaboration, formalised early this year, stands to empower underserved communities and develop a future-ready workforce for Malaysia’s ever-growing tech sector. Programmes will be conducted at various Malaysian public tertiary institutions by industry experts, blending digital literacy with advanced technical skills,” he added. As a key player in Malaysia’s tech education-cum HR landscape, he LUMPUR:

said GKK Malaysia is honoured to collaborate with IITMPTF to advance the nation’s digital ambitions. “This partnership aligns perfectly with Malaysia Digital’s focus on AI governance and NAIO’s strategic priorities, ensuring our workforce remains competitive in the IR5.0 era,” he added. The first programme involves 550 final-year students at Universiti Utara Malaysia, in collaboration with IITMPTF and GKK Malaysia’s ecosystem partners. IITMPTF chief knowledge officer Balamurali Shankar remarked, “This partnership will decisively bridge the skill gap by preparing more tech professionals in cutting-edge technologies, especially in

The digital economy contributed 23.5% to Malaysia’s 2023 GDP - yet talent gaps persist in cloud, AI, and data analytics. – UNSPLASH PIX