Mlabs Systems Berhad, an investment holding company, engages in the research, development, assembly, and trading of multimedia video conferencing systems and equipment primarily in Malaysia, Cayman Islands, and Taiwan. It operates through ICT and Fintech; Factoring; Trading; and Film Production segments. The company provides software engineering and development; financial technology legal consultation; and digital crypto currency market analysis services; marketing and event services; financial technology related services; and employment agency services, as well as various types of training and provision of management consultancy services. It is also involved in the renting and leasing of equipment; web development, e-commerce, and information technology related services; film distribution business; distribution, supply, and resale of alcoholic beverages; factoring and other finance business; property investment; and technology service activities and retail sale of products over the internet. In addition, the company trades in precious metals; and provides mobile application solutions. Further, it offers network integration, data center build and solution, cybersecurity, collaboration, cloud, computing and co-location, Microsoft solution, and performance optimization solutions; blockchain and digital assets advisory, investment managed account, and software application development services; high frequency and quant trading solutions; temperature-controlled wine storage and wine sourcing services; invoice factoring, leasing, development finance, and building credit services; and branding, digital marketing, online media portal, and offline marketing services, as well as organizes business events, seminars, and trainings. The company was founded in 1992 and is based in Petaling Jaya, Malaysia.
Malaysian Market Performance
7D7 Days: 0.4%
3M3 Months: 0.7%
1Y1 Year: -5.7%
YTDYear to Date: -7.3%
The Utilities sector gained 3.4% while the market remained flat over the last week. Unfortunately though, the market is down 4.9% over the past year. Earnings are forecast to grow by 8.6% annually. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.