Dataprep collaborates with RIDAA for information and communications technology projects

KUALA LUMPUR: Dataprep Holdings Bhd (Dataprep), a Bursa Malaysia listed investment holding company which is principally involved in information technology and payment solutions, is pleased to announce that it has entered into a Memorandum of Collaboration with RIDAA Associates Sdn Bhd (RIDAA) to work strategically in partnership on potential information and communication technology (ICT) projects in Malaysia.

RIDAA Associates is primarily involved in mechanical & engineering services for accommodations, office buildings, and other building facilities or premises. As a network facility provider (NFP) and network service provider (NSP) license holder from the Malaysian Communications and Multimedia Commission (MCMC), RIDAA has also ventured into the network and telecommunication industry.

According to a filing with Bursa Malaysia, the duration of the Memorandum of Collaboration shall be effective for a period of five years from October 14, 2020, subject to terms and conditions.

Dataprep said that they will be working with RIDAA by leveraging on each others’ strengths in areas such as providing consultancy and marketing of ICT solutions for various projects and industries including telecommunication tower, public safety and surveillance, network systems, extra low voltage (ELV) system, big data infrastructure & analytics.

Both parties will also be pu ing forward their best endeavors to further their mutual interests and make available to their collaborators the expertise, resource and information.

Dataprep also added that despite the current adverse business environment caused by the Covid-19 pandemic, the Group feels optimistic about certain aspects of the ICT industry which benefits from new norms and social distancing requirements which creates opportunities that can be tapped moving forward.

Some of the ICT opportunity areas for the Group include telemedicine, digital and contactless payments, as well as online platforms which enable elearning and e-meeting.

Dataprep aims to explore more business opportunities in the public sector, and is actively participating in Government’s project tender under the wide spectrum of ICT services.