
Techstore expands role in RTS Link with new award from Customs Department
The Works will be deployed at the Woodlands North Customs, Immigration and Quarantine (CIQ) in Singapore, as part of the RTS Link between Malaysia and Singapore.
Managing director Tan Hock Lim said, 'The RTS Link represents a significant advancement in cross-border transportation infrastructure connecting Malaysia and Singapore, and we are honoured to play a continuing role in this strategic initiative. The award reflects the Government's trust in our capabilities to deliver reliable enterprise IT systems for high-security border control and inspection.'
The LoA further expands TechStore's involvement in the RTS Link project, which encompasses design consultation for depot equipment and service vehicles; uninterruptible power supply, and the RTS Enterprise Resource Planning work packages, as well as the project for fit-out works for Malaysian agencies at Woodlands North CIQ.
'Our growing portfolio in key national railway projects continues to reinforce
TechStore's standing as a trusted enterprise IT partner in the sector. Beyond the RTS
Link, we are involved in major initiatives such as the LRT Kelana Jaya Line, LRT
Ampang Line, MRT Kajang Line, and the ongoing LRT3. With the government's
increasing push toward public transport digitalisation, we see growing demand for
integrated, secure, and localised enterprise IT solutions. Our Group remains focused
on deepening our subject matter expertise and is targeting larger and more complex
transportation projects in Johor and Penang, in line with our strategy to support the
digital transformation of Malaysia's transport ecosystem,' said Tan.
The Group's unbilled order book remains healthy at RM135.3 million as at May
31, 2025, supported by a robust job pipeline with a tender book totalling RM1.2 billion.
To recap, TechStore was listed on the ACE Market of Bursa Securities on Feb 18, 2025 and has successfully raised a total of RM25.0 million in proceeds to accelerate its growth plans and enhance its capacity to undertake larger-scale projects.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


New Straits Times
a day ago
- New Straits Times
Exporters glad to remain competitive
KUALA LUMPUR: The United States' decision to reduce tariffs on Malaysian goods to 19 per cent has been welcomed by industry leaders and business groups as a timely move that could enhance the country's competitiveness in global trade. The Malaysian Furniture Council (MFC), Federation of Malaysian Manufacturers (FMM) and various export-focused companies said the adjustment, though modest, helps Malaysia better align with regional peers and navigate the challenges of an increasingly cost-sensitive global economy. Furniture exporters see strategic realignment Malaysian Furniture Council president Desmond Tan said the tariff reduction brings Malaysia's treatment more in line with that of neighbouring Asean nations, helping preserve its relevance within the regional supply chain. "Hopefully these latest tariffs can reduce uncertainty. However, exporters will still need to adapt to a higher-cost trade environment and continued support from the government remains valuable," he told Business Times. On whether the impact will be felt by Malaysian exporters, Tan noted that US importers typically pass some or all of the tariff costs to end consumers or back to exporters through pricing negotiations. "In the near term, we do not anticipate a significant spike in export volumes as a result of the tariff cut. However, our members are using this window to consolidate operations, strengthen relationships, and prepare for any future shifts in demand," he said. Small reduction, big impact FMM president Tan Sri Soh Thian Lai said the six-point cut, while appearing small on paper, holds significance for sectors operating on tight margins or within highly competitive global supply chains. "The tariff cut enhances the cost competitiveness of Malaysian-manufactured goods in the US market and reflects improved bilateral trade relations," he added. Soh said the reduction enhances the overall cost competitiveness of Malaysian-manufactured goods in the US market and serves as an important signal of improved bilateral trade relations. While some may argue that the impact on Malaysian exporters could be limited because US importers bear the tariff cost, he said FMM believes that the burden of tariffs is often shared across the supply chain. "Therefore, a reduction in tariffs benefits not only Malaysian exporters but also US importers. "It improves the overall cost equation and can stimulate demand for Malaysian goods, especially in sectors where price plays a crucial role in purchasing decisions," he said. Palm oil and energy exporters take long-term view Pacific Inter-Link Sdn Bhd (PIL) chairman and group chief executive officer Datuk Fouad Hayel Saeed Anam called the tariff reduction a positive signal. He noted that the direct impact may be limited in the near term as the company's growth strategy is more focused on Latin America, Middle East, West Africa and Central Asia. "However, for the broader industry, especially palm oil exporters targeting the US market, this tariff cut improves price competitiveness and could open up opportunities for processed and specialty products," he said. He also urged the government to intensify efforts to open up new markets and support sustainability and environmental, social and governance (ESG) compliance to build long-term export resilience. Opens door for bio-based exports and SME growth For Glide Technology Sdn Bhd, which specialises in sustainable transformer oils and advanced lubricants, the tariff cut presents immediate commercial potential. "We see this as a strategic validation of Malaysian-made products. It enables us to fast-track exports of our MPOB-Glide Palm Oil-Ester Transformer Oil and other bio-based fluids to the US market," said its president and founder Datuk Muhazli Muhamad. Muhazli added that the tariff reduction may encourage more local small and medium enterprises to explore the US as a viable market. To support long-term growth, he proposed four key enablers including expanded trade financing, tax incentives for ESG-compliant manufacturing, sector-focused trade missions and improved logistics infrastructure. "Malaysia stands at an inflection point. With the right structural enablers, we can move up the global value chain not just as participants, but as leaders," he said.


BusinessToday
2 days ago
- BusinessToday
ITMAX Strikes Profit Sharing Parking Deal With MPSJ
ITMAX System Bhd has secured another smart parking contract through its subsidiary Selmax Sdn Bhd to operate the Selangor Intelligent Parking (SIP) system for the Subang Jaya City Council (MBSJ). Under the 10-year agreement, Selmax will manage all gazetted parking spaces within MBSJ's jurisdiction. The deal includes a revenue-sharing model, with Selmax entitled to 50% of parking-related collections and an optional five-year extension. 'We are honoured to be appointed as the SIP operator for MBSJ, marking ITMAX's strategic entry into Selangor,' said William Tan Wei Lun, Managing Director and CEO of ITMAX. 'This aligns with Selangor's Smart City agenda and reflects our commitment to building connected, efficient and sustainable urban ecosystems.' Tan said the partnership aims to enhance urban mobility and public safety while improving the overall quality of life through advanced smart city technologies. Related


New Straits Times
2 days ago
- New Straits Times
Johor and Singapore boost transport collaboration, discuss RTS Link progress
SINGAPORE: Johor and Singapore are stepping up collaboration in the transport sector, with a strong focus on enhancing cross-border mobility and driving sustainable economic growth for both countries. Johor Menteri Besar Datuk Onn Hafiz Ghazi, who is currently on an official visit to the republic, said discussions with Singapore's Acting Minister for Transport, Jeffrey Siow, centred on the progress of the Rapid Transit System (RTS) Link project, slated to begin operations in January 2027. "Our talks touched on the physical progress of the project, operational scheduling, fare structure, and the integration of public transport systems between Johor and Singapore," he said in a statement today. Among the proposals discussed was a plan to coordinate the operating hours and increase the number of cross-border buses from the five major operators - SBS Transit, Causeway Link, SMRT Buses, Transtar Travel, and AC7 buses. "This would involve starting services earlier than the current 5am schedule to alleviate congestion and ensure smoother traffic flow across the Causeway and at the immigration complexes," he said. Another key proposal was the introduction of a cross-border e-hailing service, aimed at offering more flexible and demand-driven transport options. "This initiative could not only reduce congestion along major routes but also create new income opportunities for local drivers. It could be a catalyst for a safer, more user-friendly, and competitive transport system, while strengthening integration between both countries' public transport networks," Onn Hafiz said. The meeting also explored the possibility of a feasibility study on establishing a ferry service between Tuas and Johor as an alternative mode of cross-border transport. "This study will assess actual demand and identify the requirements and potential impact of such a service, complementing existing systems like the RTS Link and land routes," he said, adding that the proposed ferry route could ease dependency on the Causeway and the Second Link, while providing more efficient and comfortable travel options. Onn Hafiz reaffirmed the Johor government's commitment to supporting the development of efficient and people-friendly transport infrastructure. "May this meeting pave the way for more structured joint planning efforts that will benefit the people and promote regional economic prosperity," he said.