TFP Solutions Bhd has announced that its wholly owned subsidiary, MBP Solutions Sdn Bhd, has entered into a strategic collaboration with the ASEAN Cooperatives Organisation (ACO) to jointly develop and distribute an AI-powered wellness Medical Card programme.
In a filing to the stock exchange, the company said the initiative will target ACO cooperative members across ASEAN as well as international markets.
The agreement will remain in effect for five years from the date of execution.
TFP said the collaboration forms part of its strategy to strengthen its presence in the digital solutions and insurtech sectors through MBP’s partnership with VSure Tech Sdn Bhd.
Under the initiative, AI-driven medical and wellness card solutions will be offered to ACO members across the 10 ASEAN member states, representing a network of approximately 66.6 million cooperative members.
The company stated that the partnership is expected to expand its market reach, enhance its portfolio of value-added digital services, and contribute positively to its long-term growth prospects.
According to TFP, the collaboration reflects its commitment to developing innovative digital lifestyle and healthcare solutions while leveraging the extensive regional network of the ASEAN cooperative sector.ERMD
READ MORE
Engineering at the Center of National Progress: Insights from Engr. Javed Saleem Qureshi
Manzoor Shaikh For more than half a century, engineering has played a pivotal role in…
Xiaomi unveils new in-house chip to reduce reliance on Qualcomm, MediaTek
Xiaomi Corp has unveiled a new mobile processor for its flagship smartphones, strengthening its push…
Google, Gimp patch high-risk security flaws
Google has released security updates for the desktop version of Chrome to address several high-risk…
Govt to privatise LESCO, MEPCO without splitting them
The Ministry of Privatisation has decided to privatise two of Pakistan’s largest power distribution companies,…
Kaspersky upgrades cybersecurity tools with AI-powered threat detection
Kaspersky has announced updates to its cybersecurity solutions aimed at helping Pakistani businesses strengthen their…
Sapphire Fibres joins GEPCO privatisation race
Sapphire Fibres Limited has formally expressed interest in participating in the privatisation of Gujranwala Electric…