Further to the announcement made on 2 August 2021, the Board of Directors of REVENUE wishes to announce that SSG Digital Resources Berhad, a special purpose vehicle for a consortium comprising the State Financial Secretary, Sarawak, Kenanga Investment Bank Berhad and REVENUE had not been successful in its application for a licence to operate a digital bank in Malaysia.

REVENUE will remain focus and continue to expand on its existing core businesses (i.e. Electronic Data Capture (“EDC”) Terminal, electronic transaction processing and solutions and services related to payment infrastructure and payment security) and continue to develop innovative digital solutions and services to serve all the banks/financial institutions.

This announcement is dated 29 April 2022.