UB Group Joins Forces with MIDF as National Technology Solution Provider to Accelerate Industry 4.0 for Malaysian SMEs
Updated: Dec 9, 2025
Kuala Lumpur, November 4, 2024 – UB Group today announced its official appointment and recognition by the Malaysian Industrial Development Finance (MIDF) as a National Technology Solution Provider (TSP) for the pivotal Future Ready Financing (FRF) Programme. This key designation solidifies UB Group’s standing as a leader in Industry 4.0, confirming its vital role in advancing the digital readiness and competitiveness of Malaysian Small and Medium Enterprises (SMEs).
Empowering SMEs for the Digital Economy
The FRF Programme is a critical national initiative, launched today, designed to provide comprehensive financial support and expert advisory services to SMEs in the manufacturing and manufacturing-related services sectors. Its core mission is to enable these businesses to successfully automate, digitalize, and align with the ambitious goals of the New Industrial Master Plan (NIMP) 2030.
As an officially recognized TSP, UB Group will work directly with MIDF, MTDC, and SIRIM to guide SMEs through their transformation journey, supporting the seamless adoption of advanced technologies such as automation, robotics, and Warehouse Management Systems.
UB Group is proud to be appointed alongside a distinguished group of National Technology Solution Providers, which includes Pentamaster, Pingspace, Hiton Industry Solutions, Vepro Group, Kobay Technology, and Aliran Tenaga Technology. This collective effort ensures Malaysian SMEs have access to world-class expertise and technology solutions.
Hawke Tan, Group CEO of UB Group, emphasized the commitment to the national agenda:
"Being entrusted by MIDF as a National Technology Solution Provider is a pivotal moment for UB Group. We are fully committed to leveraging our technical expertise to ensure Malaysian SMEs can successfully navigate the complexities of Industry 4.0. Our goal is to help these businesses future-proof their operations, enhance global competitiveness, and significantly contribute to Malaysia’s high-tech, high-income economic goals
Driving National Growth and Resilience
UB Group views this partnership as a direct contribution to national growth. The company is poised to actively support the FRF Programme’s mission to drive high-impact, transformative change by targeting 100 high-potential SMEs with up to RM200 million in financing for their Industry 4.0 adoption. This selective focus ensures deep, successful digital integration that creates true "smart factories" and serves as a blueprint for wider industrial advancement.
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