Malysian MLABS plans to launch factoring business in order to diversify


MLABS Systems Berhad (MLABS), a Malaysian technology company, plans to include factoring and related business activities into its offer. The factoring activity is expected to hold 25 per cent of the company’s net profit.

The actual core business of MLABS is research & development and assembling mobile application solutions which MLABS plans to diversify by entering the factoring industry.



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