GHL: Focus on fundamentals, not hype

Chinese connection: Signage for Alipay payment system is displayed on a store entrance in Shanghai, China. GHL’s tie-up with Alipay, which was announced on April 3, will enable the former to provide payment acceptance services to Malaysian merchants who cater to mainland Chinese tourists. — Bloomberg

Payment service provider looking to sustain last year’s momentum

Payment service provider GHL Systems Bhd will continue to build on last year’s improved financial performance and focus on executing its existing plans this year despite an existing takeover exercise for the company as well as the hype over a deal with China’s Alipay.