Suruhanjaya Syarikat Malaysia (SSM), the statutory body in charge of regulating corporate and business affairs in Malaysia, launched MYDATA in 2016 to provide users a single, direct electronic access point to the official company registration offices in Malaysia. SSM’s role is to incorporate companies and register businesses and ensure all company and business information are available to the public, and as the leading authority for the improvement of corporate governance in Malaysia, the commission also handles monitoring and enforcement activities to ensure compliance with business registration and corporate legislation.
MYDATA is the legitimate and legal source of information on companies and businesses incorporated and registered in the country, providing instant access to accurate business data through a data registry updated in real time. For a minimal fee, users can obtain insights on business financial standings such as paid-up capital, balance sheet, assets and liabilities, share capital, and total revenue. Since its launch in 2016, over 130,000 transactions have been recorded, earning SSM a revenue of RM 34 Million.