ISKANDAR PUTERI, 25 January 2017 – Today Vistra officially opened an Operations Centre based in Iskandar Puteri, Johor. The opening of the operation will allow the most efficient processing of corporate services from the South East Asia region, including corporate secretarial, accounting, tax compliance, and payroll services.
Strategically located only 45 minutes away from Singapore’s Central Business District, the centre will both provide and receive support from Singapore’s well established Vistra offices.
Chris Burton, Managing Director of Vistra Singapore, commented on the opening of the centre, “Aside from Iskandar Puteri’s strategic location, the area also presents a good balance of cost effectiveness, paramount infrastructure, and highly-skilled talent pool, which are extremely beneficial to support our ongoing expansion in the ASEAN region.”
The office will also offer a range of corporate and consultancy services to assist multinationals setting up operations on the ground in Malaysia, augmenting Vistra’s growth as they enter the new economy. Outsourced corporate services, including accountancy and tax compliance services, will also be offered to local companies.
Martin Crawford, CEO of Vistra, added, “Malaysia’s economy has recently undergone a transition, creating an environment well suited for financial services, attracting investment from multinationals to establish their base here. We envision that our expansion in Malaysia will not only further grow our global footprint, but will also provide another potential market for our clients to tap into.”
The opening was officiated by YBhg Prof. Datuk Ismail Ibrahim, CE of Iskandar Regional Development Authority who said, “The launch of Vistra’s operation in Iskandar Puteri marks another milestone for the GBS ISKANDAR programme in attracting investments into Iskandar Puteri while creating numerous high-value and knowledge-based job opportunities for Johoreans.”
Also present at the launch was Zulfiqar Zainuddin, Managing Director of i2M Ventures Sdn Bhd, a wholly-owned subsidiary of Khazanah Nasional Berhad dedicated to investment promotion initiatives for the Global Business Services (GBS) sector in Iskandar Puteri. Zainuddin noted, “We are pleased to have Vistra join the growing GBS community in Iskandar Puteri. The growth of the GBS sector has been robust and its promotion as an economic sector will help accelerate the nation’s socioeconomic growth while driving Johor and Malaysia into new heights.”
For further information, please contact:
+852 2848 0268
i2M Ventures Sdn Bhd
Ranked in the top four corporate service providers globally, Vistra is a versatile group of professionals, providing a uniquely broad range of services and solutions. Our capabilities span across company formations to trust, fiduciary and fund administration services. Vistra employs over 2,600 employees in 67 offices across 41 jurisdictions.
For more information, please visit: www.vistragroup.com, www.vistra.com and www.oilglobal.com
About i2m Ventures Sdn Bhd
i2M Ventures Sdn Bhd was established in 2013 as a company that focuses on the development of strategic investment promotion initiatives known as GBS ISKANDAR for the Global Business Services (GBS) and Shared Services & Outsourcing (SSO) sector in Iskandar Puteri, Iskandar Malaysia.
It is a wholly-owned subsidiary of Khazanah Nasional Berhad – the strategic investment fund of the Government of Malaysia. For more information, visit www.gbs-iskandar.my