Digistar to invest RM40mil to expand

Lee :

KUALA LUMPUR: Digistar Corp Bhd has launched its comprehensive security system and services - Panther Mobile – and it has roped in Celcom Axiata Bhd as partner.

In a statement Wednesday, Digistar said Panther Mobile was an the expansion from the state-of-the-art Panther911 Central Monitoring Station (CMS) Command Centre.

The company said Panther Mobile was the brainchild of its group chief executive officer, Mejar (K) Datuk Wira Lee Wah Chong, where it emphasized on affordable security solutions for people from all walks of life, namely the elderly, children, ladies, families and even for residential areas, retail outlets, factories and etc. It is security “on-the-go”.

Lee expressed his optimism of the demand for security services as safety concerns have been rising in Malaysia and neighbouring countries. He said there were also plans to offer the service into other South East Asia countries including Thailand, Indonesia, Philippines and other countries over the next three years.

“Digistar will invest approximately RM40mil for this expansion and will setup approximately 30 service centre and concept stores nationwide in five years time,” Lee said.

Digistar said it spent more than three years of research and development with the expertise and technology provider from USA, React Mobile Ltd, a trusted leader in the industry in the US.

Digistar and React Mobile have signed an exclusive partnership for south east Asia market to offer the comprehensive yet affordable security solution for home, business and personal safety.

In addition, Celcom has appointed Digistar as a partner to market Celcom postpaid and prepaid plan as value-added service on top of Panther Mobile security device to deliver real-time security services nationwide.

Digistar’s share price rose 1 sen to 21 sen when trading resumed following a request by the company to suspend trading on Wednesday.