0106

Rexit Bhd

0106.KLSE rexit.com
Technology · Information Technology Services
Price N/A
MYR · KLSE
52-week range
0.48
0.70
Market Cap
86.61M
P/E Ratio
10.00
Forward P/E
9.32
Book Value
0.34
Div. Yield
N/A
% Institutions
0.00%
% Insiders
73.07%

1 Year

-3.8%

3 Year

-31.1%

10 Year

+47.2%
Description

OpenMove AI Berhad, an investment holding company, provides software solutions and related services for the general insurance, Takaful, unit trust, and financial services industries in Malaysia, Hong Kong, China, and internationally. The company offers e-Cover, an online transaction portal; Agency Portal, a web based mobile responsive portal which provides comprehensive digital solution; and Integrated Insurance Management System, a customer-centric solution that covers various key operational functions, such as product development, marketing, intermediary management, underwriting, policy management, reinsurance, claims, and payments and accounts. It also provides Electronic Pilihan Pelaburan Ahli system, an online system for the submission of investment and redemption applications, which are settled electronically using the Employees Provident Fund member's contributions. In addition, the company offers takaful solutions, a customer-centric e-cover online transaction portal that offered as a software as a service solution; InfoGuardian, an integrated workflow, case management, and document management system for financial institutions, legal firms, and property valuer firms solutions. Further, the company engages in the research, design, development, and sale of application software solutions, as well as related products and services; offers software technical and consultancy services. Additionally, it provides shared and outsourcing services to insurance companies outside Malaysia, as well as eINSURANS gateway between the insurance companies in Malaysia and the JPJ. The company was formerly known as Rexit Berhad and changed its name to OpenMove AI Berhad in January 2026. The company was founded in 1998 and is based in Petaling Jaya, Malaysia.

Company Information

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Company Name
Rexit Bhd
Sector
Technology
Industry
Information Technology Services
Exchange
KLSE
ISIN: MYQ0106OO003
Currency: MYR
Full Time Employees: 87
Phone: 60 3 7495 0000
Website: rexit.com
Fiscal Year End: June
Description:

OpenMove AI Berhad, an investment holding company, provides software solutions and related services for the general insurance, Takaful, unit trust, and financial services industries in Malaysia, Hong Kong, China, and internationally. The company offers e-Cover, an online transaction portal; Agency Portal, a web based mobile responsive portal which provides comprehensive digital solution; and Integrated Insurance Management System, a customer-centric solution that covers various key operational functions, such as product development, marketing, intermediary management, underwriting, policy management, reinsurance, claims, and payments and accounts. It also provides Electronic Pilihan Pelaburan Ahli system, an online system for the submission of investment and redemption applications, which are settled electronically using the Employees Provident Fund member's contributions. In addition, the company offers takaful solutions, a customer-centric e-cover online transaction portal that offered as a software as a service solution; InfoGuardian, an integrated workflow, case management, and document management system for financial institutions, legal firms, and property valuer firms solutions. Further, the company engages in the research, design, development, and sale of application software solutions, as well as related products and services; offers software technical and consultancy services. Additionally, it provides shared and outsourcing services to insurance companies outside Malaysia, as well as eINSURANS gateway between the insurance companies in Malaysia and the JPJ. The company was formerly known as Rexit Berhad and changed its name to OpenMove AI Berhad in January 2026. The company was founded in 1998 and is based in Petaling Jaya, Malaysia.

Address:

Unit 3-01 to 3-07, Level 3, Petaling Jaya, Malaysia, 47800

People

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Directors & Officers

Name Title Year Born
Mr. Tack Heng Wong Executive Director 1972
Mr. Choon Teng Lee Chief Executive Officer 1982
Mr. Yong Qun Yong Chief Financial Officer 1983
Mr. Chin Yau Tan Chief Operating Officer 1976
Mr. Tin Heng Tong Chief Application Officer 1970
Mr. Tze Kok Hew Chief Strategy Officer 1977
Ms. Mee Kiat Wong Company Secretary NA
Ms. Li Heong Lim MAICSA Company Secretary NA
Ms. Yen Teng Lim Joint Secretary NA

Financial Highlights

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Market Cap: $86.61M
EBITDA: $8.49M
P/E Ratio: $10.00
Book Value: $0.34
Earnings/Share: $0.05
Profit Margin: 26.15%
Operating Margin: 13.33%
ROA (TTM): 6.22%
ROE (TTM): 16.78%
Revenue (TTM): $35.51M
Revenue/Share (TTM): $0.21
Earnings Growth (YOY): -36.40%
Revenue Growth (YOY): 7.80%

Valuation Metrics

Enterprise Value: $55.68M
Trailing P/E: 10.00
Forward P/E: 9.32

Shares Statistics

Shares Outstanding: 173.22M
Shares Float: 37.80M
% Insiders: 73.07%
% Institutions: 0.00%

Stock Price History

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1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

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Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

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Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$34.21M
Cost of Goods Sold
adjust
$-11.31M
Gross Profit
subtotal
$22.90M
SG&A
adjust
$-14.61M
Other Operating Expense
adjust
$-11.21M
Operating Income
subtotal
$8.39M
Other / Non-Operating Items
adjust
$-2.86M
Net Income
subtotal
$5.53M

Earnings Per Share (EPS) History

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Financial Ratios

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📦 Raw API Data (JSON Explorer)

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