KLSE-bound port operator sees 11pc growth this year, BUSINESS TIMES

Business Times (Malaysia)

02-07-2004

SOFTWARE developer IFCA MSC Bhd will invest 12.45 million renminbi for
a 51 per cent stake in a new company to acquire the assets of China-based
property software provider, Sys-Win Group of Companies (Sys-Win).
The remaining 49 per cent stake in the new company, Sys-Win IFCA
Software Development (Beijing) Ltd, will be held by vendors of Sys-Win.

IFCA and Sys-Win plan to use the joint-venture company as the platform
to jointly develop new software products and expand their market share
in China.