Possible for further upside. ICTZONE appears poised for a stronger recovery, with continued improvement in both momentum and trend anticipated in the near term. Should immediate resistance level of RM0.205 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.215. However, failure to hold on to support level of RM0.185 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research (20 Feb 2026)

ICT Zone Asia Berhad announced that its wholly owned subsidiary, ICT Zone Ventures Berhad, has received a purchase order dated 20 January 2026 from Juricco Holding Sdn Bhd worth RM17.29 million. The order is for the leasing of ICT hardware and software over a 60-month period.

ICT Zone Asia Berhad now has a larger unbilled order book of about RM295m after securing a new RM27.8m contract, giving strong multi-year revenue visibility. Revenue will be recognised mainly in FYE2027–2028, supporting stable and predictable earnings. The growth is driven by subscription-based technology financing, supported by disciplined capital use and tailwinds from digitalisation, AI adoption, and device replacement demand.