SMTrack Berhad

SMTrack Berhad formerly known as Smartag Solutions Berhad was listed in the Malaysian Stock Exchange (ACE Market) in 2004. During our IPO, SMTrack Berhad was more than 300 times oversubscribed, one of the highest ever recorded over-subscription on the Malaysian Stock Exchange. Its primary business activity is in information technology in general an... d in this respect its specialty is in providing online track and trace solutions and platforms using its state-of-the-art RFID technology coupled with a first class tracking engine dubbed as SMTrack. Since its IPO, SMTrack Berhad was awarded a project under the PEMANDU Economic Transformation Programme whereby the company entered into an agreement in August 2012 with the Royal Malaysian Customs to provide electronic seals to track thousands of containers moving from one customs check point to another. This project, better known as customs Secured Trade project, was aimed at providing an efficient method for shippers to clear customs checkpoints for containers carrying transit and trans-shipment cargo as the customs would rely on the electronic seal which provides online monitoring thereby reducing the queue and the necessity for customs officers to inspect the cargo.Read More