Annual report 2014
13
ceo
report
To Our Shareholders
GHL Systems Berhad (“GHL”) was incorporated in 1994 and this year, we celebrated our 20th anniversary. Given
this significant milestone, I thought that I should take the opportunity to explain a little more about the changes
that have occurred to the company, over the years.
Key Milestones
1994
- Commenced operations on software solutions and R&D for online payment technologies.
2003
- GHL IPO launched on the Mesdaq market.
2004-2006
- Formed wholly owned subsidiaries in China, Thailand & Philippines.
2007
- Listing transferred to the main Board of Bursa Malaysia.
2011
- Entry of new single largest shareholder and management team.
2012
Loss making trend from 2008 to 2011 successfully reversed.
China investment divested.
Nationwide sales organisation implemented in Malaysia and Philippines for ISO services to Banks.
2013
Achieved PCI DSS certification in Malaysia.
New products; NetSentinel and iSign initiated.
TPA business initiated in Thailand with 2 Banks.
2014
GHL acquired e-pay Asia Limited (“e-pay”).
Official launch of eGHL for internet acquiring.
TPA agreement concluded with a Bank in Malaysia, and 3 entities in Philippines.
Evolution of your Company
- Hardware reseller
- Software developer
- ISO for Banks
- End-to end POS deployment
for Banks on a rental and
revenue share model
- Provider of telco prepaid
reloads and bill collection
services in Malaysia
TPA Business:
Largest
ASEAN
Merchant
acquirer:
- card payments (new)
- Telco prepaid and other
reloads and bill collection
services in Malaysia
PAST
PRESENT
GOING FORWARD
