Friday 02 Aug 2024
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This article first appeared in The Edge Financial Daily on October 4, 2017

KUALA LUMPUR: MLabs Systems Bhd is collaborating with NetX Holdings Bhd’s unit PayAllz Sdn Bhd and Onliner Co Ltd to explore opportunities to enhance Chatuchak Market’s free Wi-Fi business in Bangkok, Thailand.

This follows the collaboration MLabs’ wholly-owned subsidiary Multimedia Research Labs Sdn Bhd (MRL) entered into with Onliner on Aug 10 to share and exploit their information technology capability to develop new markets in Thailand and overseas.

In a filing with Bursa Malaysia, MLabs said MRL had inked a collaboration agreement yesterday with Onliner and PayAllz, which is 60%-owned by NetX, to explore opportunities “to develop, support, implement plans and undertake activities to enhance Chatuchak’s free Wi-Fi business that is mutually beneficial to the parties”.

PayAllz will provide financial technology that provides mobile payment, e-wallet and loyalty programmes, and online shopping solutions to shoppers at Chatuchak. MRL will develop indoor mapping technology to allow shoppers to locate and navigate Chatuchak using smartphones.

Onliner is expected to manage the day-to-day operations of the project, its Wi-Fi and e-commerce services and facilities.

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