Her Chor Siong
Cuscapi Berhad said it has secured a five-year contract worth RM21 million (US$6.3 million) from Malaysia Airport Holdings Berhad (MAHB) to provide and maintain the point-of-sale (POS) system for the existing KLIA terminal and the new low-cost carrier terminal (LCCT) KLIA 2.
Green technology was given a boost when Cypark Resources Bhd group chief executive officer Daud Ahmad was named the ‘Technology Entrepreneur of the Year 2013’ for Malaysia in the annual ‘Entrepreneur of the Year’ awards organised by EY, formerly Ernst & Young.
Cuscapi Bhd has signed a project financing agreement for up to RM13 million (US$4.1 million) with Malaysian Debt Ventures Berhad (MDV) to help finance the deployment of its REV tablets in Asia.
Cuscapi Berhad, which provides technology for the hospitality and retail industries, has reported a 22.14% growth in its group revenue to RM 14.38 million for the current financial quarter ended June 30, 2013 compared to the first quarter of 2013, due largely to better contributions from its China operations.
F&B solutions expert Cuscapi is pinning its high-growth strategy on a custom-built tablet, hoping the business will eventually pave the way for its move from the ACE Market to Bursa Malaysia.