Infomina Berhad, through its newly launched digital platform SSM Search, has signed a Memorandum of Understanding (MoU) with YYC taxPOD, a subsidiary of YYC Group, Malaysia's leading professional services firm. The MoU was formalised on 29 August 2024, marking a significant step towards improving corporate transparency and access to reliable information across Malaysia and the region.
The MoU was officially signed by Yee Chee Meng, Managing Director of Infomina Berhad, Low Guan Leong, Executive Director of Infomina AI Sdn Bhd, Yap Shin Siang, Chief Executive Officer of YYC Group, and Ivan Chan Koon Loon, Chief Executive Officer of YYC taxPOD. This partnership reflects a shared vision to leverage innovative digital solutions to enhance efficiency and transparency in the business sector.
The signing ceremony was attended by prominent figures, including Khuzairi Yahaya, Deputy Chief Executive Officer (Registry & Business Services), and Mohamad Awi Ibrahim, Director of Marketing and Business Development from Suruhanjaya Syarikat Malaysia (SSM), as well as Aizat Hashim, FDI and DDI Manager of Digital Investment Office from Malaysia Digital Economy Corporation (MDEC). Their presence highlighted the importance of this collaboration in advancing corporate transparency in the region.
This strategic partnership is set to revolutionise how businesses access and utilise corporate information. Infomina AI, a subsidiary of Infomina, aims to empower YYC taxPOD subscribers by Q4 2024 with advanced capabilities to seamlessly manage, analyse, and leverage corporate data sourced from SSM Search. The integration of future Application Programming Interfaces (APIs) will bring AI-powered features, leading to greater efficiency, improved decision-making, and enhanced customer experiences.
In the interim, YYC taxPOD subscribers can immediately access certified corporate information through the SSM Search platform, enabling businesses to streamline their due diligence processes, ensure compliance, and boost operational efficiency right away.
This partnership further strengthens Infomina's commitment to supporting SMEs and larger enterprises by simplifying access to verified corporate business information. By extending these services to a broader range of businesses across Malaysia and the ASEAN region, Infomina and YYC taxPOD are paving the way for sustainable growth and enhanced corporate transparency.
"This collaboration marks a significant milestone in Infomina's journey to empower businesses with direct and seamless access to corporate information," said Yee Chee Meng, Managing Director of Infomina Berhad. "By working together with YYC taxPOD, we are confident that we can support businesses of all sizes in making informed decisions, especially SMEs, which are the backbone of Malaysia's economy."
YYC Group, established in 1974, is one of Malaysia's premier professional services firms, offering a comprehensive range of services, including accounting, taxation, audit, business advisory, and corporate advisory. With strong connections to the SME market in Malaysia and ASEAN, YYC is well-positioned to leverage SSM Search's API-powered platform to deliver enhanced due diligence and advisory services.
"Partnering with Infomina is an exciting step forward for YYC taxPOD," said Yap Shin Siang, CEO of YYC Group. "This partnership will allow us to continue providing superior service to our clients by leveraging reliable corporate data through special corporate plans, thus enabling us to streamline due diligence processes and uphold the highest standards of service."