At A Glance

At A Glance

  • December 2017

    30th Anniversary Gala Dinner

    The grand event was held at JW Marriott, and approximately 400 clients, business associates and colleagues attended! We presented cheques to Kiwanis Job Training Centre (KJTC), National Stroke Association of Malaysia (NASAM) and Beautiful Gate - caps for Long-Service Award There were also awards for Long-Term Business Partnership Award, IFCA Integrated Solutions Award and IFCA Long-Service Award. Click here to view the photos.

  • Official launch of IFCA Accelerator Programme (IAP)

    We launched IAP in Google Singapore. IAP is a collaboration with Google Cloud, and we aim to nurture and develop local prop-tech companies by providing fundraising, business networking and mentorship. If you have a prop-tech start-up, submit your application to [email protected] or [email protected]

  • November 2017

    Positive financial results for Q3

    IFCA posted 9M17 net profit of RM5.9mil vs.RM4.4mil loss in 9M16, and has been in the black the previous five quarters. For 3Q17, the revenue was up 11.7% on-quarter.

  • October 2017

    30th Anniversary roadshow

    The 30th Anniversary celebration started with a roadshow – KL, Penang, JB and Kuching. Many keywords were shared - AI, BI, Machine Learning, Data-Driven Marketing, Programmatic Ads, Cloud - and if you are keen on finding out more about them, get in touch with us. Anish Malhotra and Dennis Ser from Google Cloud also spoke at our event.

  • September 2017

    Drive for data-driven marketing continues

    We generated leads that exceeded the projected numbers for a project with balance units in Penang. Previously, we generated more than 4,417 leads within 4.5 months for a project in KL. Get in touch with us if you are interested in a data-driven campaign for your project.

  • May 2017

    IFCA 2.0

    IFCA MSC Berhad embarked on a transformational programme known as IFCA 2.0, which aims to strengthen positive growth rates for the next few years. Find out more about it here.

close

News

IFCA MSC continues to transform

Sin Chew Daily | 21 May 2018





Summary

IFCA MSC, listed on Bursa’s ACE Market, specialises in providing solutions for enterprises in the property industry, including property development management, construction, human resources and procurement. The Group has offices in Malaysia, China and Indonesia with a current staff strength of about 400 people.

IFCA MSC continues to transform its business with new business models focusing on Proptech solutions and services and improved customer service. For the Financial Year 2017, the company recorded an increase in revenue by 17.9% to about RM 88.8 million from RM 75.4 million in the previous financial year.

The increase in revenue is mainly attributable to the overall improvement in sales contributions from the Malaysia and China markets. Domestic revenue recorded an increase of 16.9% from RM39.0 million to RM45.6 million.

In addition, the Group has a healthy cash flow as indicated by the working capital surplus of RM111.4 million in FY2017.