February 18, 2018 9:46 PM ET


Company Overview of RapidCloud International plc

Company Overview

RapidCloud International plc provides cloud computing, Web hosting, online business, and professional IT services in Southeast Asia. The company offers its services through three cloud computing delivery models, including Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS). It provides standard, customizable, and integrated SaaS solutions for Web-based systems and mobile online applications, as well as offers mobile SaaS solutions. The company’s SaaS solutions hosts software and make the software available to customers over a public or private network. It also offers mobile PaaS solutions, such as services for mobile messaging, as well as enabli...

Oasis Square

Unit B-9-9, Capital 2

No. 2, Jalan PJU 1A/7A

Ara Damansara

Petaling Jaya,  47301


Founded in 1999

136 Employees


60 3 7841 3888


60 3 7841 3800

Key Executives for RapidCloud International plc

Interim Chief Executive Officer & Executive Director
Age: 42
Finance Manager
Age: 40
General Manager
Age: 47
Head of Sales and Marketing
Age: 51
Compensation as of Fiscal Year 2017.

RapidCloud International plc Key Developments

Rapidcloud International Plc Announces Cancellation Of Listing From AIM

Trading on AIM for the Rapidcloud International Plc's ordinary shares of no par value each, fully paid have been cancelled from March 27, 2017 7:00am, pursuant to AIM Rule 1.

RapidCloud International plc Announces Directorate and Management Change

RapidCloud International Plc announced that Chee Han Wen (Raymond), Chong Lip Kian, and Cindy Choo, have informed the Board of their decisions to resign as directors of the company with immediate effect. Raymond will also relinquish his duty as Chief Executive Officer. The Board has appointed Chew Man Fai, Executive Director, as interim Chief Executive Officer.

RapidCloud International Announces Unaudited Consolidated Financial Results for the Six Months Ended June 30, 2016; Reaffirms Earnings Guidance for the Full Year Ending December 2016

RapidCloud International plc announced unaudited consolidated financial results for the six months ended June 30, 2016. Revenue for the six-month period to 30 June 2016 was MYR 7,512,000, which generated a gross profit of MYR 4,772,000. Operating profit and profit before tax therefore remained largely flat year on year at MYR 610,000 and MYR 598,000 respectively. However, profit attributable to ordinary shareholders, decreased to MYR 602,000 from MYR 767,000 which decreased basic and diluted earnings per share to 2.72 sen against 4.11 sen in 2015 and 2.64 sen against 3.97 sen in 2015, respectively. Cash outflow from operations for the half year in 2016 was MYR 1,569,000 versus a cash inflow for the respective period in 2015 of MYR 904,000 primarily due to the increase in receivables and payables as trading activity increased towards the period end. Purchase of property, plant and equipment remained steady at MYR 1,070,000 against MYR 847,000 in 2015 as the company invested in infrastructure to service larger clients secured post the balance sheet date and software expenditure fell marginally to MYR 409,000 against MYR 510,000 in 2015 as certain software development programmes came to a close. Profit before tax was MYR 598,000 against MYR 595,000 a year ago. The company expects the challenging trading environment experienced in the first half to continue through the remainder of the current financial year. Therefore it expects the financial results for the twelve months to December 2016 will now be similar to last year, which is below current market expectations.

Similar Private Companies By Industry

Company Name Region
3D International Sd. Bhd. Asia
Accountants Online Sdn Bhd Asia
ASAP Berhad Asia
Bay Group Holdings Sdn Bhd Asia
BIT Group Sdn Bhd Asia

Recent Private Companies Transactions

April 25, 2017
RapidCloud (M) Sdn. Bhd.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
Tax Management Inc United States
NYC2012, Inc. United States
John F. Kennedy Center For The Performing Arts United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact RapidCloud International plc, please visit www.rapidcloudasia.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.