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Great value, great quality

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 ....

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ViTrox Corp, Ireka Corp, Hong Seng, Tiong Nam, UOA REIT, CapitaLand Malaysia, Magni-Tech and United Plantations


KUALA LUMPUR (July 22) :  Based on corporate announcements and news flow today, companies in focus on Friday (July 23) may include ViTrox Corp Bhd, Ireka Corp Bhd, Hong Seng Consolidated Bhd, Tiong Nam Logistics Holdings Bhd, UOA Real Estate Investment Trust (UOA REIT), CapitaLand Malaysia Mall Trust (CMMT), Magni-Tech Industries Bhd and United Plantations Bhd.
ViTrox Corp Bhd’s second quarter net profit more than doubled to a record RM50.64 million from RM22.92 million a year earlier, on the back of the semiconductor boom which saw heightened demand for its solutions. The commendable results came as ViTrox’s quarterly revenue more than doubled to RM196.19 million from RM96.55 million a year before. ....

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