MNC Wireless Bhd.
MMYX:MNC0.03
MYR
0.00
(0.00%)
MNC Wireless Bhd.
MYX:MNC
(Bursa Malaysia)
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0.03
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- Business
- MNC Wireless Berhad is a Malaysia-based digital technology solutions provider specializing in mobile and wireless applications, enterprise software development, digital marketing, and multimedia platforms. Founded in 2003 and headquartered in Petaling Jaya, Selangor, Malaysia, the company operates primarily through its Wireless and Multimedia and Mobile Applications business segments, serving corporate enterprises, telecommunication network operators, government entities, and commercial advertisers across Malaysia. MNC Wireless Berhad provides a comprehensive suite of products and services, including application-to-person (A2P) messaging and bulk SMS solutions; mobile payment gateway integration and carrier reverse billing services; customized mobile application, web portal, and social media software development; digital marketing, performance advertising, and social media campaign management; and the procurement, supply, leasing, and maintenance of information and communications technology (ICT) equipment and security hardware. In recent developments, the company has undertaken a strategic transformation to expand beyond legacy telecommunication value-added services into advanced artificial intelligence (AI) platforms and interactive digital media. As part of this expansion, MNC Wireless Berhad launched e-SIJIL, an AI-driven digital document management, archiving, and verification platform designed to prevent document fraud for public sector agencies, financial institutions, legal firms, and educational organizations. In addition, the company introduced an interactive in-vehicle mobile advertising platform that integrates headrest-mounted smart tablets into e-hailing vehicles to deliver targeted, location-based advertisements and multimedia content to passengers. To support these strategic initiatives and optimize its capital structure, the company completed a capital-raising exercise via a renounceable rights issue with free detachable warrants and initiated a corporate capital reorganization involving a proposed share capital reduction.