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Eduspec Holdings Appoints Datuk Alex Kang Pang Kiang As Deputy Chairman

KUALA LUMPUR: Eduspec Holdings Bhd (EHB), a leading provider of integrated educational technology solutions, has appointed Datuk Alex Kang Pang Kiang as deputy chairman, effective April 15, 2024.

Eduspec Holdings Bhd recently secured contracts totalling RM40 million from EG Industries Bhd (EIB) to provide testing services for 5G optical modules and related components.

This appointment follows Alex’s emergence as a substantial shareholder of EHB, acquiring 24,000,000 shares on April 8, holding a total of 142,261,000 shares or 12.1 per cent combined direct and indirect interests in the company.

The appointment of Alex marks a pivotal moment for EHB, which is embarking on a significant expansion into the 5G testing equipment market.

Recently, EHB secured contracts totalling RM40 million from EG Industries Bhd (EIB) to provide testing services for 5G optical modules and related components.

These contracts underscore the company’s commitment to innovation and its capability to deliver solutions in the technology sector.

EHB chief executive officer Datuk Sri Gan Chow Tee said Alex’s appointment as the deputy chairman is a testament to the confidence in the company’s potential and shared vision for the future.

“His proven track record and deep industry knowledge will be invaluable as we navigate the opportunities and challenges in the evolving technology landscape,” he said in a statement.

The collaboration between EHB and EIB is focused on business growth and addressing the shortage of skilled engineers in Malaysia, particularly in 5G technology.

Plans are underway to establish a training centre with support from prominent high-tech companies, aiming to enhance educational offerings and position EHB as a professional testing house for 5G optical modules.

Alex, who is also the EIB group chief executive officer, brings a wealth of experience in financial management and corporate restructuring, which is expected to drive strategic growth and enhance shareholder value at EHB.

His leadership will be crucial in steering EHB towards achieving its goals in the technology sector.

EHB remains committed to delivering high-quality educational technology solutions and services that meet the evolving needs of clients and stakeholders.

This expansion into the 5G technology market and strategic collaboration with EG Industries signifies a new chapter for EHB, underlining its dedication to innovation and excellence in the educational technology industry.

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