After a 20-month period starting in May 2013, Netrove and Multimedia Development Corporation (“MDeC”) announce that this project which was to assist Malaysian Shared Services & Outsourcing (“SSO”) companies to achieve market expansion through corporate exercises and fund raising has been a success and is now concluded.
Ng Wan Peng, COO of MDeC commented “This program is one of MDeC’s many initiatives to work with regional venture capital firms such as Netrove to assist Malaysian SSO companies to consolidate and expand their market reach. This partnership is an example of working with VC firms within the Malaysian funding eco system and we look forward to future collaborations.”
Netrove’s Chairman Mr. Teh commented “We are indeed pleased to work with MDeC and being able to contribute to the consolidation of the SSO sector in Malaysia and through leveraging on our regional network, to achieve their expansion objectives. Whilst this program has officially ended, we shall continue with the work that has already started with the companies towards strengthening the industry and positioning Malaysia as an international outsourcing hub.”
