KUALA LUMPUR (Jan 18): GHL System Bhd has expanded its service offerings to include vehicle insurance and road tax renewal service following a tie-up with Loanstreet.

In a statement, GHL System said its service enables end-to-end road tax and insurance delivery services right to the consumer’s doorstep for a quick and hassle-free process.

The payment system provider noted that the Road Transport Department and post office’s capacity to handle physical renewals was impacted due to tighter standard operating procedures on physical distancing amid the movement control order.

“Online road tax and insurance renewal gives consumers choices and options and forms part of our strategy to expand our value added services offerings to our merchant base as well as to the public at large,” said GHL System chief executive officer Sean S Hesh.

GHL System’s share price fell 3 sen or 1.76% to close at RM1.67 today, valuing the group at RM1.91 billion.