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The Special Malaysian Disaster Assistance and Rescue Team (SMART; Malay: Pasukan Mencari dan Menyelamat Khas Malaysia, Jawi: ڤاسوكن منچاري دان مڽلامت خاص مليسيا) is a disaster relief and rescue task force established under the National Security Council based on the approval of the Cabinet on 18 May 1994.
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Employees' Provident Fund (EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance.It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia.
It has numerous subsidiaries including Asia Pulp & Paper and palm oil producer PT SMART. The company also acquired Berau Coal Energy from Asia Resource Minerals PLC, a major mining group founded by Nathaniel Rothschild, in a takeover initiated by Fuganto Widjaja. [2] Sinar Mas was founded by a Chinese Indonesian tycoon, Eka Tjipta Widjaja.
The president of EFKON, Dr Helmut Rieder, was the one who set up a joint venture with UEM to form Infrared Advance Technology Sdn Bhd (IRAT). The SmartTAG is currently priced at RM130 per unit inclusive of free Touch 'n Go card with RM10 reload value. This is a subsidised price as UEM has to pay royalty to EFKON for each SmartTag assembled by IRAT.