Green Packet s CC Puan: The blueprint details the plan to transform Malaysia into a digitally-enabled and technology-driven high-income nation, and to become a regional lead in digital economy. This bold vision resonates strongly with me.
THE unveiling of the much-anticipated Digital Economic Blueprint, or MyDigital, last Friday was a truly momentous occasion that is applauded and welcomed by the technology industry.
It goes beyond just digitising and digitalising the economy; it also plots a comprehensive roadmap for the government, enterprises – big, medium, small and micro – as well as the rakyat to thrive in this new digital economy that is already before us.
Green Packet group managing director and chief executive officer CC Puan: “With Xendity’s partners and strong business pipelines within Malaysia, Indonesia and Thailand, we project a 15% compounded annual growth rate (CAGR) with over RM100mil revenue over the next five years and a healthy profit margin. has completed the acquisition process of the entire equity interest in Xendity Pte Ltd after securing the go-ahead from its shareholders.
The acquisition is strategic for Green Packet as Xendity’s e-Know Your Customer (e-KYC) software will complement Green Packet’s enterprise products and solutions.
This acquisition is expected to boost the revenue and earnings of Green Packet’s digital operations.