SMTrack Berhad (formally known as Smartag Solutions Berhad) was listed in the Malaysian Stock Exchange (ACE Market) in 2011. During our IPO, Smartag Solutions Berhad was more than 300 times over subscribed, one of the highest ever recorded over option on the Malaysian Stock Exchange. Its primary business activity is in information technology in general and in this respect its specialty is in providing online track and trace solutions and platforms using its state oft RFID technology coupled with a first-class tracking engine dubbed as SMTrack™
Since its IPO, SMTrack was awarded a project under the PEMANDU Economic Transformation Programme where by the company entered into an agreement in August 2012 with the Royal Malaysian Customs to provide electronic seals to track thousands of containers moving from one custom check point to another. This project, better known as customs Secured Trade project, was aimed at providing an efficient method for shippers to clear customs check points for containers carrying transit and trans-shipment cargo as the customs would rely on the electronic seal which provides online monitoring there by reducing the queue and the necessity for customs officers to inspect the cargo.
SMTrack had set up a holding company called Asia Cargo Wings Sdn Bhd (formerly known as Citilink Aviation (M) Sdn Bhd) to hold the cargo airfreight business in July 2019, recognizes to be the potential of Air Freighter Services needs and to be based in Kuala Lumpur International Airport’s (KLIA). The uniqueness of KLIA Airport position in the regional and national economy and its desire to derive added value from its location in the midst of a region of high - level commercial, transportation and logistics activities. With the aircraft fleet of Boeing 737-400 series, SMTrack had projected to ensure operating cost will be kept as low as possible to generate maximum revenue while offering a reliable service with reasonable fare. In view of the high demand for air cargo services, SMTrack had begun to transport air cargo with cargo business collaboration with other agencies to benefit neighbouring countries in the SEA region such as Vietnam, Thailand, Malaysia and many more countries. SMTrack outlook for air cargo industry is likely to remain stable in the near term due to the sustained demand for air cargo services from the growth in e-commerce transactions, the use of air cargo services to transport high value-to-weight ratio goods, as well as the growth in international and domestic trade activities. SMTrack anticipated cargo load of around 20,000 kg – 50,000 kg per day for initial phase of operation, with several main routes.