KUALA LUMPUR (Nov 21): Kronologi Asia Bhd shares rose 4.52% in early trade this morning after the data storage solutions provider partnered Temasek Holdings' member to provide data backup services.
At 9.02am, Kronologi rose 4.5 sen to RM1.04 with 715,200 shares traded.
Kronologi said its wholly-owned subsidiary Kronicles (Singapore) Pte Ltd has signed an agreement with Trusted Source Pte Ltd — a subsidiary of Temasek Management Services, which is in turn a member of Temasek Holdings — on the collaboration.
Under the partnership, Trusted Source and Kronicles Singapore will provide private data backup services for the former's subsidiaries.