GHL Systems Bhd – GHLSYS (0021). GHL Systems Berhad an MSC Status company listed on the Main Board of Bursa Malaysia (Kuala Lumpur Stock Exchange), is the Asia/Pacific region’s leading end-to-end payment services enabler that deploys world-class payment infrastructure, services and technology.

GHL Systems’ complete portfolio of payment solutions include transaction routers and concentrators, terminal line encryption technologies, loyalty and online payment solutions, smartcard technologies, secure electronic data capture (EDC) as well as Europay, MasterCard and Visa (EMV) networks and terminals to consulting services. GHL Systems’ payment solutions are further recognized, accredited and certified by organizations and governing bodies such as Visa, MasterCard, JCB, MEPS, PCI, SIRIM and the Line Encryption Working Group.

GHL SYSTEMS. PAYMENT SOLUTIONS, REDEFINED.
By providing a broad range of services across the payment solutions spectrum, GHL Systems today deploys its products and services to multiple clients spread across various vertical segments worldwide — not limited to banking and financial services institutions, telecommunications, transportation, retail and oil and gas.

With offices in Bangkok, Beijing, Hanoi, Hong Kong, Kuala Lumpur, Manila, Singapore and Wuhan, and having had successful forays and establishing multiple partnerships across the Asia-Pacific, European, the Middle Eastern regions — GHL Systems is well-positioned to meet the demands of a global economy.

GHL Systems Berhad
Address: Unit L8 C-G-15, Block C,
Jln Dataran SD1, Dataran SD, PJU 9,
Bandar Seri Damansara,
52200 Kuala Lumpur,
Malaysia.

GHL Systems Bhd R&D Office Location Map

High Commission of the Republic of South Africa
Embassy of South Africa
Address: 12 Lorong Titiwangsa 12,
Taman Tasik Titiwangsa,
53200 Kuala Lumpur, Malaysia.
Website: http://www.afrikaselatan.com
Tel: 03-4026 5700 / 03-4024 4456

South African High Commission Kuala Lumpur Malaysia
Address: Suite 22, 01 Level 22,
No. 3 Jalan Kia Peng,
50450 Kaula Lumpur, Malaysia.
Tel: +603-2170 2400 / +603-2161 7629
Fax: +603-2168 8591
* High Commissioner Extraordinary and Plenipotentiary – Mr S Ngombane

South Africa Embassy in Malaysia

Malaysia South Africa Embassy Location Map

High-tech companies are defined as companies engaged in promoted activities or in the production of promoted products in the areas of new and emerging technologies. High-tech companies are eligible for the following incentives:
• Pioneer Status with full tax exemption at statutory income for a period of five years or
• Investment Tax Allowance of 60% on qualifying capital expenditure incurred within a period of five years. The allowance can be offset against the statutory income for each assessment year without 100% of the high-tech company must meet the following criteria:
• Local research and development (R & D) expenditure to gross sales must be at least 1% on an annual basis. However, the companies will have a period of three years from the date of operation / of an activity to meet this requirement
• The percentage of graduates in science and technology to the total workforce should be at least 7%

Participation of foreign capital in manufacturing projects has been governed by the level of exports. Effective from 31 July 1998, the Malaysian government has liberalized the equity policy for the manufacturing sector in new investments, expansion or diversification as follows:
• Foreign investors can now hold 100% equity irrespective of the level of exports.
• Equity holdings in all projects were fully liberalized production effective from 17 June 2003, foreign investors can now 100% stake in all new priject investments and investments in the expansion or the draft diversification of existing companies, irrespective of the level of exports and without any product or activity is excluded.

Malaysia Utilization of Foreign Investment, participation of foreign capital in manufacturing projects has been governed by the level of exports. Equity holdings in all projects were fully liberalized production effective from 17 June 2003, foreign investors can now 100% of capital for all investments in new projects.

Private property and the right of establishment in Malaysian capital for a company whose participation has been approved, it will be necessary to restructure its capital at any time as long as the company continues to comply with the original conditions of approval and retains the original features of project.

Embassy of Spain
200 Jalan Ampang,
50450 Kuala Lumpur, Malaysia.
Tel: 03-2142 8776 / 03-2148 4868 / 03-2148 4655

Spain Embassy in Malaysia

Malaysia Spain Embassy Location Map

High Commission of the Democratic Socialist Republic of Sri Lanka
116 Jalan Damai, Off Jalan Ampang,
55000 Kuala Lumpur, Malaysia.
Tel: 03-2161 2199 / 03-2161 2206

Sri Lanka Embassy in Malaysia

The Malaysian Government welcomes foreign investment in the manufacturing sector. The equity and export conditions imposed on businesses by 17 June 2003, is maintained. Malaysia’s willingness to conclude Investment Guarantee Agreements (IGA) is testament to the will of the Government to increase foreign investor confidence in Malaysia. The Kuala Lumpur Regional Arbitration Center was established in 1978 under the auspices of the Asian-African Legal Consultative Committee (Advisory Committee) – an intergovernmental organization with the cooperation and assistance of the Government of Malaysia.

Achievement acquisition and encouragement policy in Malaysia.
The definition of R & D in the Promotion of Investment Act 1986 is as follows:
“Research and development of any systematic or intensive study carried out in the field of science or technology in order to use the results of the study for the production or improved materials, devices, products, produce or processes, but does not include: ~
• Product quality control or routine testing of materials, products or devices;
• Research in social sciences or humanities;
• Routine data collection;
• Efficiency surveys or management studies;
• Market research or sales promotion.

To further strengthen the foundation for a more integrated research and development in the future, companies that carry out designing or prototyping as an independent activity are eligible for incentives.
• Industrial Construction compensation in the form of an initial allocation of 10% and an annual allowance of 3% is available for buildings used for purposes of R & D approved
• allocation of capital in capital expenditures incurred in the provision of plant and machinery used for R & D.
Materials and machinery equipment, raw materials and component parts and samples used for research and development are eligible for exemption from import duties, sales and excise taxes.