Description

IFCAMSC has two geographical segments: Malaysia, in which the areas of operation are principally a turnkey e-business application provider focused on customized functionality on in-house industry specific software, and foreign, which includes the activities that are focused on the company's research and development center, as the central domain for all customized projects and undertake marketing activities that cater for China market.

Fundamentals

IFCAMSC and Huawei Technologies (Malaysia) S/B entered into a Strategic Partnership Agreement on 3 Dec 2020 to collaborate in the areas of market strategy, knowledge sharing and jointly develop software solutions for property technology (PropTech) industry. The joint developed solutions shall be embedded with Huawei’s smart and innovative technologies including but not limited to cloud computing, artificial intelligence (AI), big data, internet of things (iOT), machine to machine (M2M), facial and/or voice recognition.

Source: PublicInvest Research - 25 Jan 2021