GHLSYS (Game changer)

The company is a attractive proxy for e payment growth in ASEAN.

There is huge potential for e payment services due to a combination of low debit and credit card penetration, and high cash transactions in the region.

The company’s transaction payment acquisition in 1QFY2014 is a game changer for the company as it would be able to help the company generate two revenue streams from sales and maintenance of POS terminals and from merchant sales.

The company also said to have kicked of its TPA-driven growth by launching its TPA services in Thailand with the Thailand bank.

With its strong fundamentals in place and the synergies with e-pay, GHL is entering a very exciting growth phase and so on its way to becoming an ASEAN champion in the e payment market.