KUALA LUMPUR: Cashless payment solutions provider Revenue Group Bhd plans to make its maiden foray into the overseas market within the first quarter of next year through its partnership with a multinational company in Myanmar.
“Right now we are waiting for the feedback from the authority. We expect to get their approval in first quarter of 2019,”
the group’s managing director and group CEO Eddie Ng Chee Siong (pix) told reporters after its AGM and EGM here today.
Previously, the group said it has allocated RM1.5 million from its initial public offering (IPO) proceeds for its expansion into Myanmar and Cambodia, citing the e-payments system in these countries were still at the infancy stage.
“If there is any good opportunity in other countries such as Thailand and Indonesia, we will also consider (venturing into these countries),” Ng added.