Global technology investment group
Provides infrastructure for the Internet of Things
Moving into data storage
Listed on main board of LSE in November 2018
What GSTechnologies does
GSTechnologies Limited (LON:GST) is a global technology investment company that provides services including data centres, security and smart automation through its main subsidiary, EMS Wiring Systems Pte Ltd.
The company also provides the infrastructure for the Internet of Things (IOT) targeting businesses that construct data centres and smart buildings.
In February, EMS signed a strategic co-operation agreement with IT Care Ltd, a Shanghai-listed public company that has developed cutting edge hologram technology.
IT Care has developed a patented HoloFan hologram invention technology, which GST said it will be adding to the services it offers to ICT (information and communications technologies) clients.
How it's doing
Revenue rose to US$6.6mln in the year ended March 31 from US$4.6mln.
Net assets rose to US$2.4mln from US$1.8mln a year ago.
Golden Saint Technologies made a loss of US$385,000, compared to a profit of US$270,000 last year, but this was largely due to costs related to its reverse takeover of Singapore-based tech firm EMS Wiring Systems Pte Ltd.
These are the latest results published by GST.
What the boss says: Tone Goh, executive chairman
"The group believes the demand for ICT, data centre products and associated services from South East Asia which includes the Philippines, Malaysia and Indonesia, will continue to grow.
"With the newly established technology focused vision comes a freshly formed experienced management team with strong experience in the ICT space and proven track records, this includes the recent appointment of Wilson Teng Wai Leung as Managing Director of GST (Thailand).
"The board is aware of the need for succession planning and is forming a strategy to ensure continuity.
"The focus on new exciting growth opportunities in the technology space providing recurring revenues and profits remain key to the company's future strategy."