Signing ceremony between QMIS Securities Capital (M) Sdn Bhd , Richwood Ventures Berhad, Chang Dynasty Sdn Bhd and China UnicomChina Unicom Operations (Malaysia) Sdn Bhd is formed in 10 November 2017. CUMY is holding an Application Service Provider (ASP) license53 billion in 2021 at a compound annual growth rate (CAGR) of 6.2%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3461.03 billion in 2025 at a CAGR of 6%.