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GHL payment system for banks, telcos

GHL Systems Bhd, a leading payment services enabler, is offering bankers and telecommunications companies its newly-launched adaptive secure payment architecture (ASPA), an end-to-end payment system that is flexible and failure-resilient.

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Lankhorst has registered itself with the MMC-Gamuda consortium to be a contractor for the RM14.5bil double-tracking project.

News in brief

GHL clinches mega contracts from 2 banks

GHL Systems Bhd, a payment services enabler, has been awarded contracts by two banks, one local and one foreign, to facilitate their Europay-MasterCard-Visa (EMV) migration, GHL group managing director Tay Beng Lock said.

Forty-five firms added to SAC latest list

FORTY five new companies have been added to the SC's Syariah Advisory Council (SAC) updated list of approved securities.

GHL Systems to undertake Alliance card programmes

ALLIANCE Bank will outsource to Mesdaq-listed GHL Systems Bhd the merchant acquisition activities of its card acceptance programmes in respect of Visa and MasterCard credit cards.

Fears of new SARS outbeak dampen market sentiment

SHARE prices on the KLSE slipped further yesterday, led by the poor performance of some index-linked counters, particularly Resorts World Bhd, Genting Bhd and Tanjong plc.

Discontent rises against terminal migration organisation appointee

THERE has been strong discontentment in the local payments card industry since the announcement by Rhythm Consolidated Bhd in early June that it had been appointed sole terminal migration organisation (TMO) for the EMV (Europay MasterCard Visa) migration exercise. And the situation may just get unpleasant.

GHL to expand to Sri Lanka

GHL Systems Bhd, an MSC-status company listed on the KLSE Mesdaq market, expects to expand its electronic data capture and payment systems to Sri Lanka by the end of the year.

Stockwatch

Danny Yap writes on Mieco Chipboard, GHL Systems, UMW, YTL e-Solutions and Bintulu Port.