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Ofisgate chief executive officer Shamsul Bahari Mokmin said by floating its shares, the company can seek funding to spread its wings as well as instill good corporate governance.

KUALA LUMPUR: Information, communications and telecommunications (ICT) firm Ofisgate Sdn Bhd plans to list on Bursa Malaysia in five years time as part of its expansion plan.

Chief executive officer Shamsul Bahari Mokmin said by floating its shares, the company can seek funding to spread its wings as well as instill good corporate governance.

"We do have listing plans in five years as the company is expanding and the ICT sector is growing rapidly.

As an example, 2019 is a high prospect year as there are a lot of challenges in managing ICT infrastructure thus creating a window of opportunity for Ofisgate," Shamsul said in a statement.

He said the firm's independent test lab is the only facility in the region which gives a unique positioning the market.

"We plan to invest further in acquiring new up to date tools for the existing lab, of which one of the critical section of the lab is called the cyber range lab.

He added Ofisgate has invested more than RM2 million building the Cyber Range Lab within its independent test lab which has helped many organisation in Malaysia to perform independent network security testing, cyber attack and stimulate a defense scenario and also solve critical network issues.

"At the same time we have increased our budget to train our key engineers locally and also overseas and the firm will also embark on an aggressive marketing campaign on network security awareness program through a series of technology update with large corporations as well as the public sectors.

He said this will be delivered through a series of targeted seminars and workshops also aimed at nurturing young local talent.

We will also hire selected fresh graduates and train them to become in-house experts.

Ofisgate is a network and telecommunications solution company focusing on providing testing, auditing, troubleshooting, benchmarking and training services on network infrastructure.

The company was established in 2003 with its headquarters in Kuala Lumpur and supported by its regional office for Asia Pacific operations in Singapore.

ENDS

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