|
|
|
|
 |
| |
|
|
SIGNING AGREEMENT BETWEEN MTDC GRANT RECIPIENT COMPANY AND COMPANY LISTED IN NASDAQ
Thursday 03/11/2016
Signing Agreement between MTDC Grant Recipient Company and Company Listed in NASDAQ will be held as follows:
Day/Date : Friday 4 November 2016
Time : 9.00am - 11.00am
Venue : Ground Floor, Menara Yayasan Tun Razak, Jalan Bukit Bintang, Kuala Lumpur
Witnessed by : YBhg Dato' Norhalim Yunus, Chief Executive Officer, Malaysian Technology Development Corporation (MTDC)
Programme
9.00 am : Arrival of guests and Media
9.30 am : Speech by Managing Director, RVR Diagnostics Sdn Bhd
9.45 am : Speech by Chief Executive Officer, US company listed in NASDAQ
10.00 am : Signing Session
10.30 am : Press Conference
11.00 am : Refreshments
You are cordially invited to send your reporter and photographer/cameraman to cover the event.
About the Signing Agreement
RVR DIAGNOSTICS SDN BHD, A MTDC RECIPIENT COMPANY ACQUIRED BY U.S. COMPANY IN NASDAQ
Malaysian Technology Development Corporation (MTDC) under its Fund Management services division had successfully assisted its grant recipient company to be acquired by a U.S. company in NASDAQ.
RVR Diagnostic Sdn Bhd, a MTDC grant recipient company was formed in Malaysia to develop and commercialise innovative Point of Care (POC) tests for diseases important to Malaysia and Asia. RVR’s mission is to develop POC diagnostic solutions in areas with high unmet needs both in the U.S and globally.
About MTDC
MTDC is a wholly-owned subsidiary of Khazanah Nasional Berhad and has been the key player in commercialisation and management of government funding since the 7th Malaysia Plan.
The company was set-up in 1992 to promote the adoption of technologies by local companies via commercialisation of local R&D or acquisition of foreign technologies. Since then, MTDC has been a key player in commercialisation and management of Government funds. Currently, MTDC manages five funds amounting to RM 1.8 billion, specifically the Commercialisation of R&D Fund (CRDF), Technology Acquisition Fund (TAF), Business Start-Up Fund (BSF), Business Growth Fund (BGF) and Bumiputera Expansion Fund (BEF).
Besides fund management, MTDC also provides an integrated support services for technopreneurs which includes advisory services such as mentoring, soft-landing, branding, fund raising, international collaboration and networking. MTDC’s commercialisation ecosystem which includes Symbiosis programme, has provided funding and assistance to over 500 technology-based companies that are involved in a wide range of activities ranging from the agricultural sector to ICT.
In the 9th Malaysia Plan (9MP) and 10th Malaysia Plan (10MP) alone, companies that were recipients of MTDC’s Commercialisation of Research and Development Fund (CRDF) and Technology Acquisition Fund (TAF) generated a total of RM1.974 billion in sales and contributed towards the creation of 5,261 new jobs and a total of 465 Intellectual Property Rights were filed.
Source : Malaysian Technology Development Corporation (MTDC)
Name : Alvirah Mohd Natt
Tel : 017 212 2802
Email: alvirah@mtdc.com.my
Name : Nur Shazwani Roslan
Tel : 017 2941169
Email : shazwani@mtdc.com.my
-BERNAMA |
|
|
|
|
|
