LGMS completes acquisition of 27 percent stake in advanced cyber defense technology company Antarex
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Malaysia-based cyber security firm LGMS Berhad has acquired a 27% stake in Antarex Holdings for MYR 22.68 million ($5.66 million). The acquisition, funded by internal cash reserves, aims to enhance integrated AI-powered cybersecurity solutions in Southeast Asia. LGMS chairman Fong Choong Fook stated that this investment supports regional growth and improves collaboration between LGMS’ StarSentry platform and Antarex’s cyber defense suite. The partnership will enhance managed cybersecurity services, providing real-time threat detection and automated incident response for clients.
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