INFOLINE TEC GROUP BERHAD
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$KLSE-INFOTEC FYE2023 Number of workforce (Employees)

22
KLSE-INFOTEC

Number of workforce (Employees):

26 permanent + 5 contract
= 31 employees in total
(dated LPD 23 May 2022, reported in IPO Prospectus dated 20 June 2022, page 132)

60 employees in total
(dated 31 May 2023, reported in NST News).

The number of employees have been doubled in a year, indicating rapid and aggressive APAC regional expansions have taken place.

Important point emphasized in the NST news: The team is still growing in line with its expansion drive.

That would translate into that more employees are expected onboard driven by continual business growth and in turn additional employees will push growth further on.

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