Business Services Industry
Oracle, ABS sign distributorship deal, BUSINESS TIMES
Business Times (Malaysia), August, 2001 by Cindy Yeap
Business Times (Malaysia) 08-15-2001 ORACLE Corp Malaysia has appointed Applied Business Systems (ABS) as the distributor of its Internet platform solutions. ABS sees the appointment giving the company a 10 per cent boost in revenue for the current financial year, estimated to total RM100 million. ABS booked some RM75 million in revenues in its financial year ended March 31 2001.
Managing director Chan Ngow said for the first five months of the year, ABS has already registered RM50 million in revenue. "We have another month before half year. Sales usually ramps up in the last quarter," he told reporters after the Oracle-ABS distributorship agreement signing ceremony in Kuala Lumpur yesterday. The products that ABS will distribute include the...
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