VADS Berhad was formed in 1991 as a joint venture between
Telekom Malaysia
Telekom Malaysia Berhad (TM) is a Malaysian telecommunications company founded in 1984. Beginning as the national telecommunications company for fixed line, radio and television broadcasting services, it has evolved to become the country's larg ...
and
IBM to take advantage of the convergence of
IT and
Telecommunications
Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...
Industry.
The company officially started operations the following year. Two other partners joined in the venture in 1993 and 1995, namely
Permodalan Nasional Berhad
Permodalan Nasional Berhad (PNB) is one of the largest fund management companies in Malaysia. It was established on 17 March 1978 as one of the instruments of the government's New Economic Policy.
PNB's two notable projects is located in Kuala ...
(PNB) and
The Employees Provident Fund (EPF) respectively.
Its main activities are Managed Networks Services, Contact Center Services and Systems Integration Services.
VADS was listed on the Kuala Lumpur Stock Exchange on 7 August 2002 — making it the first Telekom Malaysia Berhad (Telekom Malaysia) subsidiary to be listed. VADS is a member of the
TM group of companies.
References
External links
VADS Official Website
bursamalaysia.com
Company Overview of VADS Berhad
bloomberg.com
1990 establishments in Malaysia
TM Group of Companies
Business process outsourcing companies
Technology companies established in 1990
Malaysian companies established in 1990
Companies formerly listed on Bursa Malaysia
Privately held companies of Malaysia
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