TFP Solutions to develop digital solutions for Sabah development cooperative

KUALA LUMPUR: TFP Solutions Bhd's subsidiary MBP Solutions Sdn Bhd has entered a memorandum of agreement with RSJ Consultancy Sdn Bhd on behalf of Koperasi Pembangunan Usahasama Masyarakat Maju Sabah Bhd to provide digital solutions services.

MBP said in a filing with Bursa Malaysia it will develop and provide mobile payment terminals, sale of mobile prepaid reload and bill payments, e-remittance services, miniATMs and OneCall mobile fintech services and a Enterprise Resource Planning System to RSJ.

"The MOA is not expected to have any material effects on the share capital and shareholding structure of the Company.

"However, it is expected to have positive contribution to the earnings per share and net assets per share of the Group," it said.
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