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October 30, 2024 -Wednesday

 
  SINGAPORE-BASED IMIN TECHNOLOGY ENTERS JOHOR, MALAYSIA WITH NEW STATE-OF-THE-ART PRODUCTION FACILITY

Thursday 01/08/2024



Table

From left: Mr. Mohamad Reduan Mohd Zabri, Director of MIDA Johor; Mr. Hu Aimin, Chief Executive Officer (CEO) of iMin Technology; YB Lee Ting Han, Johor State Executive Member and Chairman of Investment, Trade, Consumer Affairs and Human Resources Committee; Mr. Vinothan Tulisinathzan, Director of MIDA Singapore; and Mr. Richard Xu, Partner iMin Technology.



JOHOR BAHRU, Aug 1 (Bernama) -- iMin Technology, the leading provider of Android-based Point of Sales (POS) hardware and platform provider in Southeast Asia, proudly announces the grand opening of its cutting-edge manufacturing facility in Johor, Malaysia. Operated through Neostra Technology Sdn. Bhd., this new plant marks iMin’s first production facility in Malaysia and represents a significant milestone in the company’s expansion strategy.

The opening ceremony was graced by YB Lee Ting Han, Johor State Executive Member and Chairman of Investment, Trade, Consumer Affairs and Human Resources Committee; Mr. Vinothan Tulisinathzan, Director of the Malaysian Investment Development Authority (MIDA) Singapore; Mr. Mohamad Reduan Mohd Zabri, Director of MIDA Johor; Mr. Hu Aimin, Chief Executive Officer (CEO) of iMin Technology; alongside other dignitaries. 
 
iMin’s expansion into Johor enhances its manufacturing capabilities and strengthens its supply chain to meet the global demand from its fast-growing clientele. YB Lee Ting Han, in his speech, expressed that “iMin’s strategic decision to set up a production facility here (Johor) reflects a strong vote of confidence in our country’s robust economic policies, political stability and business regulations.” He also noted that Malaysia and Singapore have shared a robust and mutually beneficial economic and trade relationship, and this collaboration will serve to keep the positive momentum going, while creating jobs and fostering innovation between the two nations. 
 
Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, conveyed his gratitude and congratulatory wishes to Neostra Technology Sdn. Bhd. for establishing its first production facility outside China. He emphasised that the innovative technologies and products developed by Neostra, especially the intelligent hardware system for enterprises, will seamlessly integrate into the digitalisation of industries through the Internet-of-Things (IoT) and artificial intelligence (AI) which is imperative for productivity and efficiency. “Malaysia’s technology sector is on the brink of significant growth, propelled by strategic initiatives such as the National Policy on Industry 4.0 and the Digital Blueprint. Our vision is to empower Malaysians with digital skills, enabling digital powered business and driving digital transformation through AI, data analytics, cloud computing, IoT, cybersecurity, and robotics. MIDA as the principal investment promotion agency under MITI will continue to assume a pivotal role in fostering Malaysia’s technology sector.”
 
Mr. Hu Aimin, CEO of iMin Technology, also expressed his excitement about the inauguration of the new production facility and shared that the plant signifies iMin’s commitment towards continued investment in innovation and advancing the level of POS hardware globally across sectors. He shared positive sentiments about Malaysia’s business landscape and the company’s expansion: “Malaysia offers a conducive environment for business growth, with its robust infrastructure, skilled workforce, and supportive government policies. Our decision to establish a manufacturing facility here is a strategic move to tap into the vast opportunities that Malaysia presents. We are confident that our presence in Malaysia will not only enhance our production capabilities, but also contribute significantly to the local economy and community. We look forward to a successful journey ahead in this promising market.”
 
The opening of this facility in Johor marks the start of more than just an expansion; it begins a dynamic exchange of knowledge and expertise. iMin’s deep industry knowledge and advanced technological capabilities will facilitate a valuable transfer of information and skills to the local workforce and industry partners. The integration of global expertise with local insights will drive innovation and elevate industry standards, creating a collaborative environment that will benefit both iMin and the broader business community in Malaysia. 

 
About MIDA 
MIDA is the government’s principal promotion agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era.  For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.
 
 
About iMin Technology  iMin Technology is a Singapore-based company that was founded in 2018. Dubbed the No.1 most trusted Android POS Hardware brand in Southeast Asia, iMin develops and manufactures a wide range of intelligent commercial hardware solutions, such as electronic cash registers (ECR), mobile POS devices, kiosks and more. Their global footprint covers over 100+ countries, and they are committed to deliver Android-based POS devices that boast superior performances and effectiveness across spectrums of commercial applications. 


SOURCE : Malaysian Investment Development Authority (MIDA)

FOR MORE INFORMATION, PLEASE CONTACT:
MIDA 
Name : Ms. Noor Suziyanti Saad
Director, Electrical & Electronics Division 
Tel : +603-2267 3575
Email : suziyanti@mida.gov.my  

Neostra Technology Sdn. Bhd. 
Name : Mr. Lim Sow Wei 
Deputy General Manager  
Tel : +607597 0504
Email : sowwei.lim@imin.sg   


--BERNAMA

 
 
 

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