Opcom Holdings Berhad announced that the Company had on 22 October 2021 entered into a collaboration agreement with Global Forway Sdn. Bhd. ("Global Forway") in its push into the 5G sector. The collaboration will be formalised through a newly incorporated company, Opcom Vision Sdn. Bhd. ("Opcom Vision") in which Opcom will hold a 60% equity interest and Global Forway will hold the remaining 40%. Both Opcom and Global Forway bring complementary expertise and experience to the partnership which will strengthen its value proposition in its tender efforts for contracts. Opcom, through its subsidiary companies ("Group"), is currently the largest manufacturer of fiber optic cables in Malaysia with a 27-year track record in supplying fiber optic cables to the Malaysian telecommunication industry. The Group also provides related engineering services and holds a G7 certificate from CIDB. As for Global Forway, it holds network facilities provider ("NFP"), network service provider ("NSP") and application service provider ("ASP") licenses from the Malaysian Communications and Multimedia Commission as well as a G7 certificate from CIDB. The skill sets of Opcom and Global Forway will be consolidated through Opcom Vision which will be the vehicle in pursuing opportunities in the Malaysian Government's digitalisation initiatives.