Draft:Tricubes Berhad
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|  |
 | |
| Company type | Private company |
|---|---|
| Industry | Information Technology |
| Founded | 1998 |
| Founder | Khairun Mokhtar |
| Headquarters | Kuala Lumpur, Malaysia |
| Website | https://tricubes.com |
Tricubes Berhad[1] is a Malaysian company headquartered in Kuala Lumpur, Malaysia. It is a technology company specializing in biometric products and enterprise mobility solutions[1]. Established in 1998 by Khairun Mokhtar, the company specializes in biometric authentication solutions and enterprise mobility systems, it provides technology services primarily to government-linked companies (GLCs), financial institutions, and public sector organizations in Malaysia. Tricubes Berhad has contributed to projects such as MyKad initiative and has developed hardware and software solutions for various industries. As of 2010, Tricubes Berhad is ranked 253 on Deloitte Technology Fast 500 Asia Pacific Award and become the fastest growing technology companies in the region[2].
History
[edit]Early years (1998-2009)
[edit]
Tricubes Berhad established in 1998 in Kuala Lumpur, Malaysia. Driven by the Malaysian smartcard ID project, MyKad, Tricubes Berhad participated and developed new products and applications to support the initiative, including the T1010, the first Malaysian-made MS Windows handheld terminal with integrated smart card and biometric readers. Thousands of these terminals were adopted by banks, telecommunications providers, and government organizations across Malaysia. Recognized for its innovation, Tricubes was named a finalist in the Asia Pacific IT Category in 2000 and received the Computing Product of the Year award from PIKOM (the National ICT Association of Malaysia) in 2001 for the T1010.
Building on the success of the MyKad project, Tricubes Berhad began exploring international opportunities. In 2002, the company secured a contract for the clip card project in Sophia Antipolis, France, where it designed, manufactured, and supplied 200 customized HP-IPAQ sleeves, codenamed Tripaq. These hybrid PDAs served as front-end devices for a pilot project deploying a smart card-based parking summon system in several cities across France and Italy. Expanding its product range to include Sekure desktop readers, smart card/biometric readers, and enforcement software applications, Tricubes received further recognition in 2003 by winning an Enterprise 50 Award. This is 33rd program organized by SME Corporation Malaysia and Deloitte Malaysia, with support from RHB Bank Berhad and Telekom Malaysia Berhad, celebrates the achievements of small and medium-sized enterprises.
In 2004, Tricubes also successfully listed on the ACE market operated by Bursa Malaysia[3]. This makes them increasingly well-known to the general public and opens up further business opportunities. Subsequently, Tricubes Berhad was awarded the Technology Leadership category at the inaugural D'ucoty Award that was in conjunction with Cardex in 2005. The D'ucoty Award was organized by Frost & Sullivan and seeks to recognize companies or individuals that have demonstrated outstanding performance in the smart card industry across Southeast Asia[4]. Tricubes Berhad is awarded for its effort in developing Tricubes 1020, a second generation of wireless handheld computer with integrated security features.
Following the D'uchorty Award, the Malaysia Information and Communications Technology (ICT) industry honored nine leaders in its industry at the 5th PIKOM Key Industry Leader Recognition Award in 2007, and Khairun Mokhtar were chosen as one of the recipients[5].
Tricubes Berhad continued to drive in the Malaysian market throughout the years. In 2010, Tricubes Berhad was ranked 253 on the Deloitte Technology Fast 500 Asia Pacific Award, a global platform for measuring, recognizing, and analyzing growth of the fastest growing technology companies in the region[2].
2010-2012
[edit]
Tricubes Berhad continued to drive in the Malaysian market throughout the years. In 2010, Tricubes Berhad was ranked 253rd on the Deloitte Technology Fast 500 Asia Pacific Award, a global platfrom for measuring, recognizing and analyzing growth of the fastest growing technology companies in the region[2].
According to Tricubes Berhad's financial statement in 2010, the largest shareholder is Khairun Mokhtar owning 15.72% of the shares directly, and Commerce Technology Ventures Sdn Bhd is the second largest shareholder holding 15.63% of the shares[6]. Commerce Technology Ventures Sdn Bhd is a private equity fund, was established with the Bank of Commerce Group or Bumiputra-Commerce Holdings Bhd Group now known as CIMB Group[6].
In October 2010, the external auditors stated in their reports that the Tricubes group incurred a net loss of RM3,346,752 and the company recorded a net profit of RM653,582 for financial year ended March 31, 2010[7]. The group and the company's accumulated losses amounted to RM16,520,722 and RM4,938,227 respectively[7]. These conditions indicate the existence of material uncertainties which may cast doubt on the group and the company's ability to continue as a going concern.
In June 2010, the shareholders' equity of Tricubes Berhad is lower than 50% of the capital in which it has violated the listing rules, thus Bursa Malaysia include the company in the GN3 status and need to highlight the financial restructuring program before "delist" on October 2011[8]. Tricubes Berhad attempted to acquire Pos Malaysia but was unsuccessful[6]. However, in December 2010, they successfully purchased an 81% stake in Tam Tam Sdn Bhd.
Despite the 1Malaysia email controversies[9][10][11][12][13], Tricubes Berhad's 70% owned subsidiary successfully awarded a contract worth RM4.4 million by the Ministry of Home Affairs in relation to the Mobile Card Acceptance Device (MCAD) supplied to the Royal Malaysian Police (PDRM) for a period of one year[14]. The MCAD enables the police force to read all MyKad, handle the payment of an enquiries about traffic summonses through automated teller machines and short messaging system, leading to a surge in its stock price[15]. In January 2012, Tricubes Berhad has accepted a letter of award from the Home Ministry to maintain the police force's hardware and software and server Enhanced Mobile Management System (EMMS)[16].
Subsequent to the surge in its stock price by 75.8% to 29 cents from its previous close of 17.5 cent in six months, Tricubes Berhad seek to regularization plan to Bursa Malaysia on July 2012[17]. However, Bursa Malaysia rejected the regularization plan and is on the verge of being delisted from the stock exchange sparked heavy selling on the counter with 25.94 million shares changing hands[18]. Tricubes Berhad officially delisted on August 2012 after the rejection of the regularization plan[19][20][21]. The company is still able to continue its operations and business and proceed with its corporate restructuring[22].
2013-present
[edit]After successfully overcoming financial losses, Tricubes Berhad expands its biometric expertise to assist banks to expand their self-service channels to allow customers to complete the opening of new accounts at their own convenience, just by validating their MyKad through fingerprint biometric verification on October 2021[23][24]. It also incorporated several solutions for delivering the self-service kiosks, which is the Windows Industrial Panel PC applications and Sekure 4 product integration[25]. Besides that, they also develop a centralized monitoring software module within mobile-to-enterprise (M2E) used to monitor and measure the performance of the kiosk to ensure that the kiosks is always up and running.
On November 2021, Tricubes Berhad continues to innovate meter reading billing solution[26]. Tricubes Berhad developed an effective system to print bills to clients and keeping it accurate and in tandem with the occasional tariff changes within a short roll-out period. The mobile-to-enterprise (M2E) is also used as a middleware to interface with the billing systems securely[26].
On January 2022, Tricubes Berhad expands its plan into providing Smart City solutions by launching WorkSmart+ Intelligent Building solution[27]. This fully integrated software application allow its client as well as its visitors to be able to access facilities management seamlessly[27].
Products and Services
[edit]The company provides services to clients in various industries, including government, financial services, oil and gas industry, and others.
Enterprise Mobility Services (EMS)
[edit]Tricubes Berhad launched mobile-to-enterprise (M2E) solutions that focused on Enterprise Mobility Management that allow the business to utilize mobile devices for their operations.
Identity Authentication Software (IAS)
[edit]Tricubes Berhad launched hardware and software to verify and authenticate a person’s identity through biometric characteristics. The hardware includes Sekure 5, TCR38, TI040i, Tricubes Kiosk, and MSO 1350 series. It is made to allow maximum mobile productivity.
IT Maintenance Services (ITMS)
[edit]IT Maintenance Services provide continuous support and management of IT systems and infrastructure to maintain optimal performance and reliability. This support covers both hardware and software and includes a customer service management system.
WorkSmart+ Software
[edit]WorkSmart+ is a cloud-software that provide software-as-a-services (SaaS). It comprised of services and facilities management services. The services management system tracks field maintenance and equips with help desk and customer support. The facilities management services allow for reservation, case reporting, and resolution.
Operations
[edit]Tricubes Berhad is headquartered in Kuala Lumpur, Malaysia in the Great Eastern Building.
References
[edit]- ^ a b "Tricubes Bhd - Company Profile and News". Bloomberg.com. Retrieved 2024-08-15.
- ^ a b c "Deloitte Technology Fast 500 Asia Pacific Award" (PDF).
- ^ "TCUBES: TRICUBES BERHAD (0062)". KLSE Screener. 2012-09-05. Retrieved 2024-08-15.
- ^ "D'uchorty Award". August 15, 2024.
- ^ "Events". Pikom. Retrieved 2024-11-28.
- ^ a b c Webmaster, M. T. (2011-04-20). "1Malaysia email: Tricubes Berhad dimiliki secara tidak langsung adik Najib". Malaysia Today. Retrieved 2024-11-28.
- ^ a b "Email project not enough to save Tricubes from delisting". The Edge Malaysia. Retrieved 2024-08-15.
- ^ Zakaria, Hazlan (2011-04-21). "Tricubes: Debts due to heavy investment in R&D". Malaysiakini. Retrieved 2024-08-15.
- ^ "Tricubes awarded 1Malaysia project". The Star. 2011-04-05. Retrieved 2024-11-28.
- ^ "Tricubes appointed to implement 1Malaysia email project". www.dailyexpress.com.my. 2011-04-05. Retrieved 2024-11-28.
- ^ "Tricubes launches controversial 1 Malaysia email service". The Edge Malaysia. Retrieved 2024-11-26.
- ^ "Tricubes to launch Myemail in September". The Edge Malaysia. Retrieved 2024-11-28.
- ^ "1Malaysia e-mail to go on, says Pemandu, Tricubes". Digital News Asia. 2012-07-05. Retrieved 2024-11-28.
- ^ "Tricubes subsidiary gets RM4.4m PDRM job". The Edge Malaysia. Retrieved 2024-08-15.
- ^ "Tricubes to collect summonses for PDRM, stock surges 58%". The Edge Malaysia. Retrieved 2024-08-15.
- ^ "Tricubes unit bags RM6mil contract to manage PDRM's EMMS, MCAD". The Star. Retrieved 2024-08-15.
- ^ "Tricubes appeals against Bursa decision". The Edge Malaysia. Retrieved 2024-08-15.
- ^ "Tricubes: No progress on regularisation". The Star. Retrieved 2024-08-15.
- ^ "Tricubes to be delisted on Monday". The Edge Malaysia. Retrieved 2024-08-15.
- ^ Bernama (2012-09-26). "'1M'sia email' Tricubes to be delisted". Malaysiakini. Retrieved 2024-11-28.
- ^ Chi, Wong Teck (2012-07-04). "Shares of 1Malaysia email operator plunge 70pct". Malaysiakini. Retrieved 2024-11-28.
- ^ "Tricubes remains optimistic in the face of delisting". The Malaysian Reserve. 2017-03-31. Retrieved 2024-11-28.
- ^ tricubesmedia (2017-07-05). "Tricubes — Changing The Face Of Information Technology Solutions". Medium. Retrieved 2024-08-15.
- ^ Ignatius, Cynthia (2022-08-05). "TricubesNCR JV To Scale New Heights Under Ahmad Azhar - BusinessToday". www.businesstoday.com.my/. Retrieved 2024-11-28.
- ^ BusinessToday (2021-10-18). "Tricubes Self Service Channel Offers 24 hours Account Opening Facility - BusinessToday". www.businesstoday.com.my/. Retrieved 2024-08-15.
{{cite web}}:|last=has generic name (help) - ^ a b Dinie (2021-11-18). "Tricubes continues to innovate meter reading billing solution". SME & Entrepreneurship Magazine. Retrieved 2024-08-15.
- ^ a b Dinie (2022-01-21). "Tricubes launches WorkSmart Intelligent Building solution for client". SME & Entrepreneurship Magazine. Retrieved 2024-08-15.