PETALING JAYA: mTouche Technology Bhd, MNC Wireless Bhd and SPNB Dana Sdn Bhd, are teaming up to develop a digital technology platform for SPNB and provide financial support to home buyers in the affordable housing category.
SPNB Dana is a subsidiary of Syarikat Perumahan Negara Berhad (SPNB), which in turn is wholly owned by Minister of Finance Inc.
Under an agreement signed between SPNB and MNC Wireless last Friday, the two will form an equity joint venture company to provide financial support to home buyers of SPNB’s affordable housing project, with the appointment of MNC Wireless as SPNB Dana’s digital technology solution partner.
mTouche will work with MNC Wireless to jointly develop the digital platform for SPNB Dana.
The digital platform will comprise a business-to-business focused platform for companies operating within SPNB and business partners; and a business-to-consumer focused platform for home buyers of affordable housing projects by SPNB.
“This is a very important milestone for mTouche and we are excited to be given the opportunity to work with MNC Wireless to jointly develop the digital platform for SPNB Dana. Our digital media and infotainment platform core engine with payment solutions, digital display panel supports and broadcasting solutions, is designed with artificial intelligence capability and will play an increasing key role in developing and optimising our clients digital platform solution across the board and providing quantifiable value-added services to our enterprise partner,” mTouche executive director Tang Boon Koon said in a statement.
MNC Wireless CEO Christopher Tan said, “The equity joint venture company to be formed with SPNB Dana, will allow SPNB to provide financial support for its project’s home buyers, coupled with supporting SPNB’s digital transformation road map.”
ACE Market listed mTouche and MNC Wireless are expecting the collaborative partnership to contribute positively to their business, and is hopeful that the strategic partnership will drive each others revenues.
Source: The Sun Daily