ICT Zone Asia Berhad (ICTZONE) – BUY, TP RM0.27/share (11x CY26 EPS). An integrated ICT solutions provider anchored on a recurring, lifecycle driven TechFin model. Its embedded position within government and enterprise digitalisation initiatives, supported by long term contracts and structural ICT upgrade cycles, underpins earnings visibility.

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.