ITMAX System Berhad has filed an IPO.

ITMAX System Berhad is a Malaysia-based company, which is principally involved in the business of supply and installation and provision of public space networked systems and investment holdings. The Company’s subsidiary, Sena Traffic Systems Sdn. Bhd. (STS), is principally involved in the research and development (R&D) of systems and application software, design and assembly of controllers, supply and installation of networked traffic management systems, and providing leased and managed services for video surveillance and analytics systems. It is focused on the development of networking solutions for lighting systems, traffic management systems, video surveillance, communication networks and related artificial intelligence. The Company’s public space networked systems are in line with the Malaysian Government’s Smart City Initiatives, such as Smart Living, Smart Environment, Smart Mobility, Smart Digital Infrastructure and Smart Government.