KUALA LUMPUR, Aug 24 — The output performance by the Minister of Finance ’s wholly-owned company, Technology Park Malaysia Corporation Sdn Bhd , had declined for the 2016-2019 period.
“Amidst challenging economic environment, TPM is making efforts to assist small and medium-sized enterprises under its programmes even though it has to provide service price advantage compared to the market price,” the report said. The audit report also revealed that TPM’s financial liquidity stood at a ratio of between 2.67:1 and 4.56:1, thus the company remained capable of meeting its short-term obligations.
Source: News Formal (newsformal.com)
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