Home News G3 Global Berhad and China Partners Remain Committed to Furthering Malaysia’s Digital Economy Blueprint

G3 Global Berhad and China Partners Remain Committed to Furthering Malaysia’s Digital Economy Blueprint

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The parties reiterate their commitment to jointly explore and collaborate on large-scale AI & IT projects in Malaysia

KUALA LUMPUR, Apr 25, 2022 – (ACN Newswire) – G3 Global Berhad (G3 or the Company), a developer of artificial intelligence (AI) and other information technology (IT) – based solutions for various industries, remains committed to the vision of the Memorandum of Understanding (MoU) with SenseTime Group Ltd (SenseTime) and China Harbour Engineering Company Ltd (CHEC) for the development of an AI Park.
Dirk Quinten, Managing Director
The MoU, which was signed on 26 April 2019, expires today.Managing Director of G3, Mr. Dirk Quinten, said, “G3 will continue to focus on its AI and other IT-based solutions to grow the business. The parties to the MoU noted that the landscape for the development of the originally anticipated AI Park has changed and that the project may have to take on a new form.”

“G3 as well as SenseTime and CHEC remain keen to work together on large-scale AI & IT projects that are sustainable over the longer term. We have been exploring and discussing concepts that leverage on each other’s strengths and expertise, whilst considering Malaysia’s AI roadmap and strategic position at the same time.”

The Company will make the necessary announcements to Bursa Malaysia Securities Berhad as and when there are further developments on these discussions.

G3 Global: https://g3global.com.my/
G3 Global: 7184 / [BURSA: G3G] [RIC: GLOA:KL] [BBG: G3G:MK]

Topic: Press release summary

Source: G3 Global Berhad

Sectors: Daily Finance, Artificial Intel [AI], Local Biz

http://www.acnnewswire.com

From the Asia Corporate News Network

Copyright © 2022 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Source : ACN Newswire

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