MTDC, a company wholly-owned by Khazanah Nasional Berhad, is in the business of Fund Management, Incubation, Advisory, and Nurturing Services. The company was established in 1992 to promote the adoption of technologies by local companies via commercialisation activities of local inventions or acquisition of foreign technologies. MTDC has been the key player in commercialisation and managing of Government funds since the 7th Malaysia Plan and it also has a well-established reputation as the key player in Malaysia in the promotion of technology-based companies.