KUALA LUMPUR: TCS Group Holdings Bhd’s wholly owned subsidiary, TCS Construction Sdn Bhd (TCSCSB) has secured a RM140.27 million contract from KLK Retail Centre Sdn Bhd (KLKRC) for main building works for a proposed commercial complex known as Bandar Seri Coalfields Retail Park in Bandar Seri Coalfields, Selangor.
A growing number of MSC Malaysia status companies has been making inroads into the national and global markets with their quality software and services. Dispelling the notion that homegrown software and services cannot compete on the global stage, data from the Multimedia Development Corporation (MDeC) shows that in 2007, RM5.57 billion in sales were registered from overseas markets. This was an increase of over 30% from the 2006 data.It is no surprise then that MDeC itself is handily powered by MSC Malaysia innovation and solutions.The challenge is to get more Malaysian companies to recognise the powerful solutions at hand and for them to take advantage of them, to sharpen their competitiveness in a tough economic climate. Saiful Bahri Mohd Shamlan, vice-president for MDeC’s Industry Development, shares how MSC companies are doing and talks about some of the companies that have been making global inroads. The Edge: There is a huge number of MSC Malaysia status companies offering a r
TIME dotCom Berhad subsidiary AVM Cloud Sdn Bhd has been growing strongly for the past decade and, today, is one of Malaysia’s leading cloud players on par – and even better – than some international brand names.
TWO interested parties have their eye on AIMS Data Centre, the prized asset of TIME dotCom Bhd, sources tell The Edge. They are US-based private equity firm KKR & Co Inc, also known as Kohlberg Kravis Roberts & Co, and Singapore-based private investment firm Tower Capital Asia, the sources say. Talk about a potential sale of the data centre was first reported in March this year, with the potential value pegged at US$500 million (RM2.2 billion) to US$600 million. When contacted, both TIME dotCom and KKR were tight-lipped on the matter.