The cooperation between SME Corp. Malaysia and Small Business Corporation (SBC) of Republic of Korea is an excellent avenue for SMEs in both countries to strengthen ties, establish linkages and networking as well as collaboration in matters of mutual interests in the area of SME development.

This cooperation offers a great chance to promote the exchange and transfer of Korea technology for Malaysia’s SMEs, as the Malaysian economy is currently attracting the attention of Korean enterprises.

In SME Corp. Malaysia’s effort to continue its prolific collaboration and cooperation with SBC Korea in developing SMEs both in Malaysia and Korea, the 3rd Malaysia – Korea Technology Exchange Programme today witnessed the signing of supply contract between a Malaysian company, Geneflux Biotechnology Sdn Bhd with a Korean company, DioGene (Korea) to supply kit for cancer gene testing.

A potential sales of RM5 million had been recorded between seven Korean companies and 34 Malaysian SMEs, following the success of last year’s business matching sessions.

This programme was attended by Mr. Noor Azmi Mat Said, Chief Executive Officer of SME Corp. Malaysia; Mr. Jin Soo-woong, Director of International Cooperation Division under the Minister of SMEs & Start-up (MSS), Korea; Mr. Lee, Sang-jik, President of Small Business Corporation (SBC) and Ms. Arividya Arimuthu, Director of Strategic Planning and International Relations, Ministry of Entrepreneur Development (MED).

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