AVANGAAD Bhd [formerly E.A. Technique (M) Bhd] has today (Feb 18) has introduced a new corporate identity that features a new name, logo and a newly launched website as part of its re-branding journey.
Following its shareholders’ approval on Feb 13, today’s timing aligns with the group’s submission to Bursa Securities for its Practice Note 17 (PN17) upliftment last Friday (Feb 14).
This milestone comes as Avangaad marks its 10th consecutive profitable quarter while reinforcing its financial resilience and commitment to sustained long-term growth and industrial leadership in the maritime sector.
This is where Avangaad emerges with a renewed purpose to re-define its excellence, elevating its operational performance, expanding growth opportunities and strengthening its strategic leadership in marine and offshore sector.
The name “Avangaad” is a fusion of “Avante,” meaning “moving forward,” and “Vanguard” that epitomises leadership, strength and pioneering excellence. This identity encapsulates the company’s progressive mindset, resilience and ambition to set new benchmarks in the industry.
“This re-branding exercise embodies the dynamism and forward-thinking vision that define Avangaad today,” commented Avangaad’s executive director Datuk Wira Mubarak Hussain Akhtar Husin.
“It signifies our evolution towards greater innovation, responsible growth and stakeholder-centre value.”
Avangaad further launched a revamped corporate website designed to enhance engagement with investors, business partners and stakeholders.
The modernised digital platform provides real-time financial updates, seamless navigation and dynamic content showcasing the company’s capabilities, sustainability initiatives and market insights.
“Our new marine-focused corporate website is designed to enhance transparency and accessibility for stakeholders,” enthused Mubarak.
“Beyond providing an informative platform, we aim to offer a clear understanding of our vision, strategic developments and ongoing progress.”
Following a year of financial restructuring, strategic expansion and record profitability, Mubarak expects the re-branding exercise to reinforce Avangaad’s readiness for a new era of sustainable growth.
“With a robust order book and a clear strategy for expansion, the group is well-positioned to solidify its competitive edge in the maritime industry,” he envisages.
This new identity will propel us to greater heights and create a legacy of growth, innovation and value for all our stakeholders.”
At 4.19pm, Avangaad was up 2.5 sen or 7.69% to 35 sen with 10.01 million shares traded, this valuing the company at RM464 mil. – Feb 18, 2025
