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Article: Synergy - the new card on the block
- Article from:
- New Straits Times
- Article date:
- December 23, 2008
- Author:
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Kamarul Yunus
New Straits Times
12-23-2008
Synergy - the new card on the block
Byline: Kamarul Yunus
Edition: Main/Lifestyle
Section: Business Times
Type: Company
SYNERGY Cards Sdn Bhd, a subsidiary of Advance Synergy Bhd, expects its debut in the credit card business to boost sales and increase its revenue contribution to its listed parent company.
Its chief executive officer Yap Chee Kong said he expects the company to register a turnover of about RM18 million next year, most of it generated from its inaugural Synergy+ MasterCard credit card launched yesterday.
"And thereafter, we hope to see a growth revenue of between 50 per cent and 100 per cent," he said after the launch in Subang, ...