ICT Zone Asia
ICT Zone Asia Berhad is a Bursa Malaysia ACE Market-listed Malaysian TechFin company that bundles IT device supply, Shariah-compliant leasing, refurbished device rental, DaaS 360 subscriptions and cloud services into integrated contracts for government agencies, enterprises, SMEs, and educational institutions across Malaysia.
- Company typePublic
- Founded2000
- HeadquartersKuala Lumpur, Malaysia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What ICT Zone Asia does
ICT Zone Asia Berhad is a Malaysia-based TechFin company listed on the ACE Market of Bursa Malaysia (stock code 0358) since 3 June 2025, operating from its headquarters in Ampang, Kuala Lumpur. The Group integrates technology supply with structured financing across four business pillars: Technology Financing (TechFin) via i-Leasing, DaaS 360 and EzRental subscriptions; Trading of IT hardware and software through direct channels and the Komputer Murah e-commerce platform; Provision of IT maintenance and managed services; and Provision of Cloud Solution and Services through subsidiary HaaS Technologies Sdn Bhd's Cloudify.Asia platform. The flagship DaaS 360 product is a MyHIJAU-certified, 7-in-1 Device-as-a-Service subscription (1, 3 and 5-year contracts) bundling financing, hardware/software supply, IT device lifecycle management, proactive analytics, security, remote managed services and Carbon Neutral Computing, supported by Shariah-compliant Mudharabah Al Mua'ddat investment structures.
The Group earns revenue primarily through recurring subscription and leasing contracts (TechFin contributed 65.02% of FY2024 revenue), supplemented by one-off hardware sales, recurring cloud subscriptions, and maintenance and professional services. Multi-brand supply relationships with HP, Dell, Lenovo, Microsoft, Acer, Asus, Apple, Fortinet, HPE, Veeam, Sangfor and Intel underpin the supply chain, while the refurbished Tech Refreshed and EzRental product lines provide a circular-economy cost lever. Customer segments span Malaysian government agencies and public sector (Pos Malaysia, PADU, MDEC), large enterprises and listed companies (CIMB, AIA, Bridgestone, Saipem, Sapura, IJM, KLCC, Bank Rakyat, Rakuten), SMEs via EzRental and Komputer Murah, and educational institutions (UKM, Open University Malaysia, Sunway College). The Group operates through four wholly-owned subsidiaries (ICT Zone Sdn Bhd, ICT Zone Ventures Berhad, Techfin Capital Sdn Bhd, and HaaS Technologies Sdn Bhd) and reports 40,000+ devices leased to date, 80+ awards since 2009, and ESG credentials including ISO 14001:2015, MyHIJAU Mark, EcoVadis "Committed" rating, and HP Amplify Impact 5-Star Partner status.
ICT Zone Asia firmographics
Firmographics- Name
- ICT Zone Asia
- Legal name
- ICT Zone Asia Berhad
- Website
- https://ictzone.asia
- Company type
- Public
- Founded year
- 2000
- Operating status
- Ipo
- Headcount range
- 11–50 employees
- Short description
- ICT Zone Asia Berhad is a Bursa Malaysia ACE Market-listed Malaysian TechFin company that bundles IT device supply, Shariah-compliant leasing, refurbished device rental, DaaS 360 subscriptions and cloud services into integrated contracts for government agencies, enterprises, SMEs, and educational institutions across Malaysia.
- Ownership category
- akta.pro rank
ICT Zone Asia industry classification
Industry- Product category
- Technology Financing & IT Lifecycle Services
- NAICS
- Computer Facilities Management Services (541513)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373), Services-Equipment Rental & Leasing, Nec (7359)
- akta.pro primary industry
- Business Continuity Planning & Program Management (BCP) (BPAEALAD)
- akta.pro secondary industries
- Endpoint & Mobile Asset Management (UEM/MDM Asset Controls) (BPAEAOAI), IT Service Management (ITSM) Platforms (HDAEALAA), Storage Networking (Fibre Channel, iSCSI, NVMe-oF) (HDABAEAG), Digital Development & ICT4D / GovTech Technical Assistance (BPADAEAL)
Keywords
Where ICT Zone Asia is headquartered
LocationHeadquarters
- HQ city
- Kuala Lumpur
- HQ country
- Malaysia
- HQ region
- Asia
Offices1 record
Markets served
ICT Zone Asia business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Technology Financing (TechFin): Subscription-based recurring revenue from Technology Financing including i-Leasing, DaaS 360, and EzRental solutions. Customers spread costs over time through fixed monthly payments under multi-year contracts (typically 3-5 years) with Shariah-compliant structures. This pillar contributed 65.02% of total revenue for FY2024.
- Trading of IT Hardware and Software: One-time sales of new and refurbished IT hardware and software through direct sales channels and the proprietary Komputer Murah e-commerce platform. Generally one-off transactions without ongoing maintenance.
- Cloud Solutions and Services: Recurring subscription revenue from IaaS, PaaS, and SaaS cloud offerings through Cloudify.Asia (operated by HaaS Technologies Sdn Bhd), supported by specialized IT consultancy including cloud migration and managed services.
- IT Maintenance and Managed Services: Recurring maintenance and service fees for corrective and preventive maintenance, comprehensive technical support, proactive analytics, security management, and remote managed services bundled with TechFin and DaaS 360 contracts.
- Professional and IT Consultancy Services: Fees for specialized IT consultancy including customer requirements assessment, cloud infrastructure recommendations, application and data migration from on-premises to cloud, and pre-sales consultation services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | DaaS 360 7-in-1 subscription with 1, 3, and 5-year contract options |
| Other | Multi-year contract | i-Leasing with 3 to 5-year contract options, Shariah-compliant |
| Subscription | Monthly | EzRental refurbished device rental from 1 day to 5 years |
| Unit Pricing | Pay-as-you-go | Komputer Murah e-commerce refurbished device sales |
| Subscription | Pay-as-you-go | Cloudify.Asia cloud infrastructure (IaaS/PaaS/SaaS) |
Go-to-market motion5 records
Distribution channels5 records
Marketing channels7 records
ICT Zone Asia product offering
Product offeringCore offering
ICT Zone Asia Berhad is a Malaysia-based TechFin company that provides integrated technology and financing solutions across four pillars: Technology Financing (TechFin), Trading of IT Solutions, Provision of IT Services, and Provision of Cloud Solution & Services. The company supplies, leases, rents, and manages IT hardware and software for enterprises, government agencies, and SMEs through subscription-based offerings including the DaaS 360 platform, Shariah-compliant i-Leasing, EzRental, and Cloudify.Asia cloud services.
Product overview
ICT Zone Asia Berhad is a Malaysia-based TechFin company operating an integrated technology and financing ecosystem organised around four business pillars: Technology Financing (TechFin), Trading of ICT Solutions, Provision of ICT Services, and Provision of Cloud Solution & Services. The portfolio is anchored by DaaS 360, a 7-in-1 Device-as-a-Service subscription covering Technology Financing, hardware and software supply, IT device lifecycle management, proactive analytics, security, managed services, and carbon-neutral computing. Supporting offerings include EzRental (refurbished IT device subscription), i-Leasing (Shariah-compliant IT leasing), Komputer Murah (e-commerce platform for affordable refurbished IT), Ez Tech (trading of new and refurbished IT), and Cloudify.Asia (cloud, storage, backup, and AI solutions operated by HaaS Technologies Sdn Bhd). Additional service lines include Tech Solutions (multi-brand IT infrastructure supply and deployment), Tech Rental (flexible short/long-term device rental), Tech Refreshed (Grade A refurbished IT devices with certified data erasure), and Carbon Neutral Computing Services (CNCS) for carbon-neutral ICT deployment. The Group is listed on the ACE Market of Bursa Malaysia (stock code 0358) and operates through four subsidiaries: ICT Zone Sdn Bhd, ICT Zone Ventures Berhad, Techfin Capital Sdn Bhd, and HaaS Technologies Sdn Bhd.
Differentiator
Problem solved
Functional benefit
Brands
- DaaS 360: 7-in-1 Device-as-a-Service subscription covering technology financing, hardware/software supply, device lifecycle management, Carbon Neutral Computing, security, managed services, and device recovery.
- EzRental
- i-Leasing
- Komputer Murah
- Cloudify.Asia
- Ez Tech
Products and services
- DaaS 360 (Device-as-a-Service) 7-in-1 Device-as-a-Service subscription platform bundling Technology Financing, hardware and software supply, IT device lifecycle management, proactive analytics, security management, remote managed services, and Carbon Neutral Computing into a single monthly plan, with 1, 3, and 5-year contract options. MyHIJAU-certified.
- EzRental Refurbished IT device subscription solution for SMEs, enterprises, and government agencies providing flexible short-term and long-term rental of laptops, desktop PCs, workstations, printers, and projectors with delivery, installation, one-to-one device replacement, and support included. Plans range from one day to five years.
- i-Leasing Corporate IT leasing solution that converts large capital expenditure into fixed monthly payments, supporting acquisition of IT hardware and software through Shariah-compliant structured leasing agreements with competitive interest rates, fast approval, no collateral, and insurance coverage on 3-5 year contracts.
- Komputer Murah E-commerce platform offering affordable refurbished laptops, desktops, peripherals, and accessories, targeting MSMEs, consumers, students, business professionals, and home users seeking quality refurbished ICT solutions as a circular-economy alternative to new devices.
- Cloudify.Asia Cloud, storage, backup, and AI solutions platform operated by subsidiary HaaS Technologies Sdn Bhd, delivering Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) along with hybrid cloud deployment, managed cloud services, cloud consultancy, and migration support for SMEs, mid-sized enterprises, government agencies, and corporate organisations.
- Ez Tech Trading brand for new and refurbished IT hardware and software, supplying laptops, desktops, printers, peripherals, software, and related equipment to organisations across Malaysia through direct sales channels and the Komputer Murah e-commerce platform.
- Carbon Neutral Computing Services (CNCS) Carbon-neutral ICT deployment service integrated into the DaaS 360 platform that has reduced over 428 tonnes of CO2 emissions to date, with a sustainability benefit report issued to every participating organisation, supported by Bursa Carbon Exchange (BCX) membership and carbon credit acquisition.
- Proactive and Analytical Services for Devices and Security Management Managed service providing device health monitoring, security management, and analytics-based support for customer IT environments as part of the Group's managed services portfolio.
Quantifiable outcome
- More than 40,000 IT device units leased to customers
- +7 more outcomes
Companies that use ICT Zone Asia
Customer profileNamed customers33 records
Segments6 records
Ideal customer profiles5 records
ICT Zone Asia technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
ICT Zone Asia partnerships and signals
Strategic signalPartnerships
28 partnerships are on record, tiered flagship / core, core, strategic and secondary.
- HP Inc.flagship / coreHP is ICT Zone's flagship principal and channel partner. ICT Zone is an authorized HP reseller and HP Amplify Impact partner. Awards include HP Amplify Impact FY26 Sustainability Sales Leader Partner, US$5M Dollar Achiever Award FY25, Top Commercial Partner FY25 Public Sector Desktop, HP Amplify Impact 5-Star Partner FY25, HP Amplify Impact 4-Star Partner (multiple years), and many prior recognitions. ICT Zone was the first Malaysian partner to achieve HP Inc's recognition in 2026.
- Dell Technologiesflagship / coreDell Technologies is a core principal and channel partner for ICT Zone, with HaaS Technologies Sdn Bhd holding Dell Technologies Gold Partner designation. Awards include Dell Top Solutions Partner Award in Client Solutions (Public Sector) 2024, Dell x M-Link Top Revenue Contributor FY2023, Dell Technologies Strategic Innovation Partner Award 2019 (HaaS Technologies), Dell Platinum Partner 2015, and Cloud Services Provider of the Year Award 2020 (HaaS Technologies). ICT Zone participated in Dell Technologies South Asia Partner Summit 2025 and Dell Technologies Forum 2024.
- Lenovo Group LimitedcoreICT Zone is an appointed reseller for Lenovo Group Limited since 2015. Awards include Lenovo Best Growth Commercial Partner FY2018/19 and Top Rel Champion. Lenovo devices are a key part of ICT Zone's multi-brand supply chain alongside Dell, HP, Acer, Asus, and Apple.
- Microsoft CorporationcoreICT Zone is an appointed reseller for Microsoft since 2012, and HaaS Technologies Sdn Bhd holds the Microsoft Azure Infrastructure Solution Partner designation (2024). Microsoft software is supplied as part of ICT Zone's full-stack IT deployment offerings.
- Acer Inc.coreICT Zone is an appointed reseller for Acer Inc. Acer devices are part of ICT Zone's multi-brand supply chain for laptops, desktops, and IT equipment.
- ASUStek Computer Inc.coreICT Zone is an appointed reseller for ASUStek Computer Inc. Awards include Asus Business Gold Partner 2026 and Asus Commercial Partner recognition (2022, 2024). Asus devices are part of ICT Zone's multi-brand IT supply chain.
- Apple Inc.coreApple is part of ICT Zone's multi-brand supply chain for laptops, desktops, and IT equipment. Apple devices are deployed as part of custom IT infrastructure solutions.
- Fortinet, Inc.coreICT Zone was recognised as an Appointed Reseller by Fortinet, Inc. and HaaS Technologies Sdn Bhd holds the Fortinet Authorized Reseller designation. Fortinet cybersecurity solutions are part of ICT Zone's network security offerings.
- Hewlett-Packard Enterprise (HPE)coreICT Zone was recognised as an Appointed Reseller by Hewlett-Packard Enterprise, and HaaS Technologies Sdn Bhd holds the HPE Silver Solution Provider designation. HaaS Technologies also received the HPE FY22 Top Growth Service Provider Award.
- Sangfor Technologies (Hong Kong) LimitedstrategicICT Zone was appointed as reseller by Sangfor Technologies Hong Kong Limited in 2024, expanding its cybersecurity and infrastructure solutions portfolio.
- Veeam Software Inc.strategicICT Zone was recognised as an Appointed Reseller by Veeam Software Inc., and HaaS Technologies Sdn Bhd holds the Veeam Cloud & Service Provider designation. Veeam data backup and recovery solutions support ICT Zone's cloud and managed services portfolio.
- EpsonsecondaryICT Zone is an Epson Authorized Dealer and Epson Premium Partner for Epson Projectors (2014-2015). Epson printers and projectors are part of ICT Zone's peripheral and office equipment offerings.
- Intel CorporationstrategicICT Zone was recognized as the Top Intel Purchaser in Malaysia 2025, reflecting its significant procurement of Intel-based devices and components for its IT supply, leasing, and DaaS 360 operations.
- Malaysia Digital Economy Corporation (MDEC)strategicICT Zone signed a Memorandum of Understanding with MDEC under the Business Digitalisation Initiative (BDI) on 25 March 2025 to support SME digital adoption through ICT infrastructure and technology financing solutions. MDEC is a government agency driving Malaysia's digital economy. The partnership supports SME digitalisation initiatives through TechFin solutions.
- Haynik Holding Sdn BhdstrategicICT Zone Ventures Berhad signed a strategic partnership agreement with Haynik Holding Sdn Bhd to become a Strategic Partner. Haynik secured a RM27.77 million purchase order from ICT Zone for the leasing of ICT hardware and software over a 60-month period.
- Juricco Holding Sdn BhdstrategicICT Zone Ventures Berhad signed a strategic partnership agreement with Juricco Holding Sdn Bhd to become a Strategic Partner. Juricco secured a RM17.29 million purchase order from ICT Zone for the leasing of ICT hardware and software over a 60-month period.
- Starza CorporationstrategicICT Zone Ventures Berhad signed a strategic partnership agreement with Starza to become a Strategic Partner. Starza participates in the CNCS Sustainability Certificate initiative involving NRES, Starza Corporation, ICT Zone, and HP supporting carbon-neutral ICT adoption in the public sector.
- vPROT MSP Sdn BhdstrategicICT Zone Ventures Berhad signed a strategic partnership agreement with vPROT MSP Sdn Bhd to become its Strategic Partner for managed services and IT support capabilities.
- ViewSonic MalaysiastrategicICT Zone supported ViewSonic Malaysia's Future-Ready Smart Workspace Subscription Plan through ICT Zone Ventures' technology financing solutions, expanding TechFin use cases into smart workspace and education display solutions in April 2026.
- H3CstrategicICT Zone received the H3C AI Solutions Partner of the Year 2025 award, recognising its capability in AI and infrastructure solutions through HaaS Technologies Sdn Bhd.
- NRES (Ministry of Natural Resources, Environment and Climate Change)strategicICT Zone supported NRES in advancing carbon-neutral ICT through the CNCS Sustainability Certificate initiative involving NRES, Starza Corporation, ICT Zone, and HP. ICT Zone also participated in Hari Digital NRES 2025 and Bengkel Transformasi Digital untuk Industri Keselamatan & Perkhidmatan 2025.
- Bernama (Malaysian National News Agency)secondaryICT Zone supported the ASEAN Summit 2025 through a channel partnership with Bernama in October 2025, providing IT equipment and technology support.
- Bursa Carbon Exchange (BCX)strategicICT Zone is an active member of Bursa Carbon Exchange (BCX), having participated in both Bursa Inaugural Carbon Exchange and Renewal Energy Certificates (RECs) offerings with 1,999 Metric Tonnes CO2e and 1,000 RECs acquired to date (Project: Murum Hydroelectric Plant, Date: 25 June 2024).
- Ekuiti Nasional Berhad (Ekuinas)secondarySim Shu Mei, an Independent Non-Executive Director of ICT Zone Asia Berhad (appointed 2 April 2024), serves as Associate Director at Ekuinas, a Malaysian private equity firm. While not a direct investor, Ekuinas has representation on the ICT Zone board.
- Aegis CommunicationsecondaryAegis Communication (contact: Jason Fong) is engaged as ICT Zone Asia Berhad's investor relations partner, handling investor enquiries and IR communications.
- PIKOM (National Tech Association of Malaysia)secondaryICT Zone actively participates in PIKOM events, including sponsoring PIKOM LEAD 2025 and winning the PIKOM Digital Excellence Award in ESG Category 2024. PIKOM is Malaysia's National Tech Association.
- ASOCIO (Asian-Oceanian Computing Industry Organization)secondaryICT Zone won the ASOCIO ESG Award 2025 and participates in ASOCIO industry events. ASOCIO is a regional industry body representing ICT industry associations across the Asian-Oceanian region.
- Canalys Forums APACsecondaryICT Zone's CEO Tommy Lim was a featured panelist at Canalys Forum APAC 2024. ICT Zone also received the Candefero Diversity and Inclusion Partner of the Year Award at Canalys Forums APAC 2020 and won Canalys Sustainability Partner of the Year 2025.
Scale indicators17 records
Recent moves9 records
Expansion highlights6 records
ICT Zone Asia competitors and assessment
Company assessmentBroad incumbents
- Dell APEX: Dell's vendor-direct Device-as-a-Service and infrastructure-as-a-service portfolio. Comparable as a competing DaaS/aaS platform that could be sold into the same Malaysian enterprise and government accounts, potentially cannibalising ICT Zone's Dell-driven deals.
- HP Device as a Service (HP Inc.): HP's vendor-direct DaaS offering that competes head-on with ICT Zone's DaaS 360. Comparable as a competing DaaS platform with multi-year subscription, lifecycle, and analytics features from a global incumbent that can choose to disintermediate Malaysian resellers.
- TD SYNNEX: Global IT distribution and services company with deep HP, Dell, Lenovo, and Microsoft relationships. Comparable as a large-scale, multi-region IT distribution and services player that increasingly bundles cloud, lifecycle, and financing into its channel offerings.
- Lenovo TruScale: Lenovo's vendor-direct Everything-as-a-Service platform covering devices, infrastructure, and AI. Comparable as a global vendor subscription offering that competes for the same Lenovo-supplied DaaS deals ICT Zone assembles around its multi-brand TechFin model.
Direct peers
- M-Link (M) Sdn Bhd: Malaysian IT distribution partner of Dell Technologies and a recurring co-awardee of Dell partner accolades alongside ICT Zone. Competes for Dell-aligned enterprise and public-sector IT supply and services deals in Malaysia.
- VSTECS Berhad: Listed Malaysian IT distribution and enterprise solutions company distributing Dell, HP, Lenovo, Cisco, and other principal brands. Closest listed comparable in Malaysia with overlapping multi-brand distribution, services, and cloud offerings and similar enterprise/SME customer base.
- ECS ICT Berhad: Malaysian IT distribution and enterprise solutions distributor and an ICT Zone competitor for enterprise hardware supply, leasing, and managed services contracts across Malaysia.
- Asiaspace Dotcom: Malaysian IT solutions, distribution, and managed services provider with multi-vendor hardware supply and enterprise services. Directly comparable as a homegrown Malaysian IT solutions peer competing for similar enterprise and government device deployment contracts.
Regional players
- Redington Limited: Pan-Asia IT distribution and services group operating across India, Middle East, Africa, and Asia. Comparable as a regional multi-brand distributor building recurring services, cloud, and lifecycle management revenue on top of product distribution.
- Rashi Peripherals: India-headquartered IT distribution, enterprise solutions, and services company with a similar multi-brand distribution + value-added services model. Comparable as an emerging Asia TechFin-adjacent distributor scaling enterprise and lifestyle IT services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
ICT Zone Asia social profiles
Digital presenceICT Zone Asia compliance and trust
Trust signalCompliance7 records
ICT Zone Asia financial estimates
Financial estimateRevenue estimate
Valuation estimate
ICT Zone Asia leadership team
Management profileNumber of profiles
Profiles9 records
ICT Zone Asia subsidiaries and ownership
Company hierarchySubsidiaries4 records
ICT Zone Asia funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ICT Zone Asia M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ICT Zone Asia
What does ICT Zone Asia do?
ICT Zone Asia Berhad is a Malaysia-based TechFin company that provides integrated technology and financing solutions across four pillars: Technology Financing (TechFin), Trading of IT Solutions, Provision of IT Services, and Provision of Cloud Solution & Services. The company supplies, leases, rents, and manages IT hardware and software for enterprises, government agencies, and SMEs through subscription-based offerings including the DaaS 360 platform, Shariah-compliant i-Leasing, EzRental, and Cloudify.Asia cloud services.
Is ICT Zone Asia a public or private company?
ICT Zone Asia is a public company. It is classified as public and is currently ipo.
When was ICT Zone Asia founded?
ICT Zone Asia was founded in 2000. It employs 11 to 50 people.
Where is ICT Zone Asia based?
ICT Zone Asia is headquartered in Kuala Lumpur, Malaysia, in the Asia region.
How does ICT Zone Asia make money?
Five revenue lines are on record. Technology Financing (TechFin) is the primary driver. The others are trading of IT Hardware and Software, cloud Solutions and Services, IT Maintenance and Managed Services and professional and IT Consultancy Services.
Who are ICT Zone Asia's main competitors?
Broad incumbents on record are Dell APEX, HP Device as a Service (HP Inc.), TD SYNNEX and Lenovo TruScale. Direct peers are M-Link (M) Sdn Bhd, VSTECS Berhad, ECS ICT Berhad and Asiaspace Dotcom. Regional players are Redington Limited and Rashi Peripherals.
Does ICT Zone Asia have an API?
No public API is recorded for ICT Zone Asia.
What industry is ICT Zone Asia in?
ICT Zone Asia's product category is Technology Financing & IT Lifecycle Services. Its primary akta.pro industry code is BPAEALAD, Business Continuity Planning & Program Management (BCP), with a secondary code of BPAEAOAI, Endpoint & Mobile Asset Management (UEM/MDM Asset Controls). Its NAICS code is 541513 and its SIC code is 7370.