PETALING JAYA: TFP Solutions Bhd
plans to diversify its existing business to include property investment and property management.
In a filing with Bursa Malaysia, the company said it is principally involved in business management solutions and financial technology.
The proposed diversification would provide it with an additional stream of income and is expected to augur well in the overall structure of the group’s businesses while reducing its reliance on its existing businesses.
“The real estate and business services subsector is forecast to increase by 6.3% in 2025, driven by sustained demand for professional services, particularly engineering-related services in construction activities, including new data centre facilities.
“The expansion of the subsector will be supported by the improvement in sales of residential houses in the real estate segment,” it added.
