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HUMAN resource management software (HRMS) specialist Orisoft Systems (M) Sdn Bhd, which is en route to be listed on the Mesdaq market of the KLSE by June, aims to capture a bigger slice of the HRMS market by targeting medium and large companies that mainly use HRMS packages developed by foreign companies.
ORISOFT Technology Bhd plans to use the RM6.45mil in proceeds from its listing exercise to expand research and development (RD) of its human resource management systems software.
ASIAN stock markets rose yesterday, buoyed by the overnight rally on Wall Street on robust US company earnings and indications that the Severe Acute Respiratory Syndrome (SARS) outbreak may be easing.
The stock market gave up early gains and finished narrowly lower Tuesday as fears about mad cow disease and a heightened terror alert pressured Wall Street.
Air Canada, which filed for protection from creditors in early April, has reached a new six-year cost-cutting deal with its pilots, thereby averting a possible shutdown.