TELECOMMUNICATIONS software and systems developer Viztel Solutions Bhd is targeting to be listed on the Mesdaq market by the end of July, said chief executive officer Lau Kin Wai.
“The key reason for the listing is to raise funds for further research and development (R&D) and for expansion into new overseas markets. The company has invested RM7mil so far in R&D and will be spending a further RM1mil in the next 18 months. All our products are developed in-house,” he told Starbiz in Kuala Lumpur yesterday.