The Borneo Post

SIRIM Tech venture forms strategic alliance with LD Micro Precision

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KUALA LUMPUR: SIRIM Tech Venture Sdn Bhd (STV), a subsidiary of SIRIM Bhd, has formed a strategic alliance with LD Micro Precision Sdn Bhd ( LDM), marking its continuous effort in commercial­ising micro precision grinding machine into the educationa­l programme market segment.

Through a strategic alliance agreement, STV would become the marketing and sales window for the micro precision grinding machine manufactur­ed by LDM, a statement from SIRIM said yesterday.

The agreement was signed by SIRIM president and group chief executive Prof Ir Dr Ahmad Fadzil Mohamad Hani and LDM director Lai Siaw Ling at a ceremony in Bayan Lepas, Pulau Pinang recently.

The synergisti­c partnershi­p augured wel l wit h the Malaysia Commercial­isation Year initiative­s as it would bring outputs of research and developmen­t and innovation into the market.

“This is a success story for SIRIM on commercial­isation where we facilitate technology transfer with the industry that could help them build knowledge in innovating technology on their own.

“In addition, this will enable the industry to produce equipment for the technical and vocational education and training sector to train its users on precision machine and its technology,” said Prof Ahmad Fadzil.

Af t e r goi n g t h rough difficulti­es in penetratin­g the market, he said the synergisti­c partnershi­p between STV and LDM had nurtured precision micro grinding machine technology that would benefit the educationa­l sector at the init ial commercia l isat ion phase.

SIRIM and Penang-based LDM had first collaborat­ed in 2008 to produce a functional prototype known as 8- axis tool and cutter grinder. — Bernama

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