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This article first appeared in the edge malaysia weekly on january 23 29 2017.
Touch n go sdn bhd annual report. Over a span of just 3 months cimb group holdings bhd has announced three potential deals. From the latest financial highlights touch n go sdn. Vehicle throughput at smarttag lane. 16 times faster than cash lane.
Its 52 owned touch n go sdn bhd tng is an obvious asset that cimb could unlock and industry observers as well as banking analysts opine that it could be done as early as this year. Touch n go was developed by teras teknologi sdn bhd while the brand and the real time gross settlement central clearing house systems are owned and operated by rangkaian segar sdn bhd as now known as touch n go sdn bhd the first touch n go system was installed and used at jalan pahang toll plaza on 18 march 1997. Company profile page for touch n go sdn bhd including stock price company news press releases executives board members and contact information. 4 times faster than cash lane.
Touch n go sdn bhd tngsb was incorporated in october 1996 whereby it launched its services in march 1997 at the metramac highway and plus expressways. Touch n go sdn. Vehicle throughput at touch n go lane. Is an enterprise in malaysia with the main office in kuala lumpur.
More than 20 million cards. The annual fintech report is our attempt at providing handy guide to anyone who s interested to learn more about malaysia s fintech scene. Cimb s annual report 2017 revealed that touch n go generated rm32 53 million in pre tax profit on revenue of rm122 03 million for the financial year ended dec 31 2017. Of touch n go cards in circulation.
It was then immediately extended to jalan cheras toll plaza and the. Please enter your username and password. Reported a net sales revenue increase of 2 75 in 2019. It provides a mode of payment via a.
More than 3 8 million smarttags. The company operates in the personal and laundry services sector. 10 years 64 000 read and write cycles. Touch n go card lifespan.
Company history and background of touch n go sdn. What could be next.
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