$MPGS big news: Collaboration With Ministry of Transportation Makes Entrance Into Market Valued at $7.5 Billion per Year
NEW YORK, NY and KUALA LUMPUR, MALAYSIA--(Marketwired - Jan 19, 2016) - Malaysia Pro-Guardians Security Management Corp. (OTCQB: MPGS), a highly skilled and professionally-trained security protection team has announced today that it has reached a collaborative agreement with the Ministry of Transportation (Malaysia), a government branch responsible for maintaining domestic infrastructure, regulating transport system technology, and providing active enforcement in transport industry affairs. In a coordinated effort with Dato' Sri, MPGS has managed to become the only company to collaborate with the Ministry of Transportation in Malaysia. The joint partnership now enters Malaysia's market valued at $7.5 billion MYR per year in vehicular products and security services.
With over 7.5 million vehicles, 1.5 million of which are commercial and 6.5 million, residential, SkyEye
MS expects a $7.5 billion MYR market value per year, charging each commercial vehicle a $1500 MYR monthly subscription fee. The self-renewing fee includes technological maintenance and installation of SkyEye MS's proprietary surveillance equipment. In a coordinated effort with Dato' Sri, MPGS has managed to become the only company to collaborate with the Ministry of Transportation in Malaysia. The combined resources and experience of both companies with infrastructure construction, security convoy technology, and government administration will optimize client accessibility and public relations. Implementation of cutting-edge technology in government-regulated vehicles with an external awareness of security protocol will communicate a consumer-oriented market strategy, promoting Malaysia's international placement in commodity transportation.
Hua Fung Chin, Chief Executive Officer, remarked, "Dato' Sri's perseverance in advancing this collaboration serves to differentiate the company as a national benchmark for transport security technology. Due to Malaysia's "compulsory rule", the Ministry of Transportation is required to install black box devices in most sanctioned vehicles. Per this timely regulation, the Malaysian government conveniently maintains its public initiative for fostering a safer community while contributing to our company's marketing prospects and ensuring future legal endorsement.
http://finance.yahoo.com/news/collaboration-m...00022.html
NEW YORK, NY and KUALA LUMPUR, MALAYSIA--(Marketwired - Jan 19, 2016) - Malaysia Pro-Guardians Security Management Corp. (OTCQB: MPGS), a highly skilled and professionally-trained security protection team has announced today that it has reached a collaborative agreement with the Ministry of Transportation (Malaysia), a government branch responsible for maintaining domestic infrastructure, regulating transport system technology, and providing active enforcement in transport industry affairs. In a coordinated effort with Dato' Sri, MPGS has managed to become the only company to collaborate with the Ministry of Transportation in Malaysia. The joint partnership now enters Malaysia's market valued at $7.5 billion MYR per year in vehicular products and security services.
With over 7.5 million vehicles, 1.5 million of which are commercial and 6.5 million, residential, SkyEye
MS expects a $7.5 billion MYR market value per year, charging each commercial vehicle a $1500 MYR monthly subscription fee. The self-renewing fee includes technological maintenance and installation of SkyEye MS's proprietary surveillance equipment. In a coordinated effort with Dato' Sri, MPGS has managed to become the only company to collaborate with the Ministry of Transportation in Malaysia. The combined resources and experience of both companies with infrastructure construction, security convoy technology, and government administration will optimize client accessibility and public relations. Implementation of cutting-edge technology in government-regulated vehicles with an external awareness of security protocol will communicate a consumer-oriented market strategy, promoting Malaysia's international placement in commodity transportation. Hua Fung Chin, Chief Executive Officer, remarked, "Dato' Sri's perseverance in advancing this collaboration serves to differentiate the company as a national benchmark for transport security technology. Due to Malaysia's "compulsory rule", the Ministry of Transportation is required to install black box devices in most sanctioned vehicles. Per this timely regulation, the Malaysian government conveniently maintains its public initiative for fostering a safer community while contributing to our company's marketing prospects and ensuring future legal endorsement.
http://finance.yahoo.com/news/collaboration-m...00022.html
