THE listing of MLABS Systems Bhd, a company that began in the laboratories in Universiti Sains Malaysia (USM) in Penang, will be a boost for the corporate arm of the university and the prospects of commercialising research done in some of the country's leading centres of knowledge.
Usains Holdings Sdn Bhd group managing director Datuk Dr Gan Ee Kiang said in an interview: Because we have been seen to be able to develop a product to an IPO (initial public offering) stage, people will have more trust in us.'' Usains is the corporate arm of USM and was launched in 1999.