September 06, 2024 -Friday

Tuesday 11/06/2019

Members of the media are cordially invited to the Listing Ceremony of Greatech Technology Berhad. The event will be held on the following:

Day/Date: Thursday 13 June 2019

Time: 8.20am - 10.00am

Venue: Listing Gallery, Bursa Malaysia, Exchange Square, Persiaran Maybank, Bukit Kewangan, 50200 Kuala Lumpur



Program Background

Greatech Technology Berhad (Greatech), an MTDC Investee company will be listed on the ACE market of Bursa Malaysia Securities Berhad. Greatech is a world leading automation solution company with over 20 years of continuous operation and dedicated to industrial automation. They have in-house manufacturing facility complete with precision machine shop and sheet metal fabrication shop, engineering facility and system assembly space.

Greatech’s principal activity is investment holding, whilst its subsidiary companies are principally involved in design, manufacturing, installation and commissioning equipment that are used to automate processes in the production lines. Greatech production line system which comprises multiple automated equipment well as provision of spare parts and services. The Group’s headquarters is in Bayan Lepas, Penang, with facilities in Bayan Lepas, Kulim and Lunas.

About MTDC

MTDC is a wholly-owned subsidiary of Khazanah Nasional Berhad and has been the key player in commercialisation and management of government funding since the 7th Malaysia Plan.

The company was set-up in 1992 to promote the adoption of technologies by local companies via commercialisation of local R&D or acquisition of foreign technologies. Since then, MTDC has been a key player in commercialisation and management of Government funds. Currently, MTDC manages five funds, specifically the Commercialisation of R&D Fund (CRDF), Technology Acquisition Fund (TAF), Halal Fund, Business Start-Up Fund (BSF) and Business Growth Fund (BGF).

Besides fund management, MTDC also provides an integrated support services for technopreneurs which includes advisory services such as mentoring, soft-landing, branding, fund raising, international collaboration and networking. MTDC’s commercialisation ecosystem has provided funding and assistance to over 500 technology-based companies that are involved in a wide range of activities ranging from the agricultural sector to ICT.

In the 9th Malaysia Plan (9MP) and 10th Malaysia Plan (10MP) alone, companies that were recipients of MTDC’s Commercialisation of Research and Development Fund (CRDF) and Technology Acquisition Fund (TAF) generated a total of RM1.974 billion in sales and contributed towards the creation of 5,261 new jobs and a total of 465 Intellectual Property Rights were filed.

You are cordially invited to send a reporter and photographer/cameraman to cover the event.

SOURCE : Malaysian Technology Development Corporation (MTDC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Alvirah Mohd Natt
Vice President
Corporate Communications Department
Tel: 017 212 2802
Email: alvirah@mtdc.com.my

Name: Sharus Shavek Sharudin
Senior Associate
Corporate Communications Department
Tel: 012 358 4181
Email: sharusshavek@mtdc.com.my

-BERNAMA