GHL poised to register stronger growth in second half of the year

PETALING JAYA: GHL Systems Bhd is expected to register stronger growth in the second half of this year, underpinned by its robust transaction payment acquisition (TPA) segment and higher share services contribution.

According to UOB Kay Hian (UOBKH) Research, the payment service provider’s TPA segment is currently being driven by increased tourist arrivals, meaningful contribution from cross-border transactions and the e-tunai scheme introduced by the Malaysian government.