KUALA LUMPUR: Artroniq Bhd is diligently investigating the factors contributing to its recent stock price volatility and will keep stakeholders duly informed.
The company said in a statement that its operations remain unaffected while its core business areas including semiconductor technology, electric vehicle (EV) assembly and blockchain innovation continue to operate as usual.
“We are aware of our stakeholders’ concerns regarding our share price. Rest assured, our strategic initiatives in key sectors like semiconductors and electric vehicles including our collaboration with United E-Motor are advancing.
“Our commitment to innovation and sustainability in Malaysia’s technology landscape remains firm,” it said.
The company said that most recently, there have been positive developments at its subsidiary, Artroniq iTech Sdn Bhd, which involves significant engagements in the EV industry.
It added that the assembly and finishing of cutting-edge products in the EV sector align with the company’s strategic commitment to spearhead advancements in sustainable and environmentally friendly mobility solutions.
Additionally, the company said it is actively participating in notable partnerships within the blockchain technology domain, contributing to innovative solutions in digital transactions and cybersecurity. — Bernama
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