MONSPACE and Smart Furniture Company SOFO Signs Capital Injection Agreement

MONSPACE Multinational Corp organized an event for the signing of Capital Injection Agreement with a Chinese Smart Furniture Company and SOFO massage chair launch. The event was held on 26th February 2017and placed at the Putrajaya International Convention Center (PICC) from 1-3PM.

The CEO of SOFO, Mr. K.L. Chen and the founder of SOFO, Mr. Yuan Zhen Ping was invited as guests of the event.

As technology advances, smart home living is inevitable. While market demands are seemed to be increasing with the quality of our life, and the future of smart furniture and home living should not be underemphasised.

Technological advancements such as the internet of things and cloud computing further propelled smart home living. Manufacturers are creating more styles, and the price of products are more accessible than ever before. What used to be a thing of futurist sci-fi movies are now becoming a reality, and products of such are very welcoming to the market.

This is especially evident in 2016, as the global economy causes almost every industry to struggle, smart home living thrived against all odds. A report by Research and Markets shows that smart furniture can expect an 8-10% annual growth in the upcoming five years. Also, by 2018 it will reach $68 billion in industry worth.

“MONSPACE Multinational Corp taps into the endless potential of smart home living, riding on the market’s anticipation for convenience and  simplicity in our everyday life, and their increasing purchasing power. I know smart home living is here to make our lives more elegant, convenient and pleasant,” said Dato’ Sri Jessy Lai, CEO of MONSPACE Multinational Corp.

Since it was founded in 2014, MONSPACE never stops seeking breakthrough and innovation. It boldly explored territories such as online shopping, tourism, aviation, entertainment, property, finance, agriculture, F&B and telecommunications. It's new investment in SOFO further seeks to bring high-tech and modern home living into Malaysia.

SOFO was founded in 1997 and is based in Guangzhou. It is a corporation that specialises in the research, production, sales and service of health assets. It focuses mainly on four pillars which are the  chinese massage, physiotherapy, beauty, and exercise. They can be purchased in more than 80 countries worldwide.

At the event, MONSPACE has launched a massage chair which is produced and designed by SOFO. The description given to the chair was “elegant, young, and energetic”, radically changing the perception that massage chairs takes up too much space.

“This chair reclines to a maximum of 132 degrees. Apparently, users only need to leave 10cm between the chair and the wall behind it. This is a great improvement compared to conventional massage chairs, where 0.5-1.0m is required,” said Chen. The key in this radical improvement is an in-built motor which moves the chair forwards on its track as it reclines in order to save space in the homes of the user.

“Our hectic lifestyles are so stressful that many people are looking for a comfortable and affordable massage chair that has a combination of many functions in one. After a hectic day at work, relaxing at home and having your sore muscles massaged is immensely helpful to both our physical and mental wellbeing,” said Chen.

“The multi-functional massage chair can be purchased at MONSPACE Mall. Futhermore, interested parties can feel free to visit our website for further details,” said Dato’ Sri Jessy Lai.

Dato’ Sri Jessy Lai also said that the public can expect more collaborations between MONSPACE and SOFO in future. “We are currently in the process of forming a research centre for smart furniture in order to provide even more high quality options for consumers. SOFO has the best expertise in the field, and I strongly believe that our collaboration will be a fantastic one.”

Several exhibition booth to showcase the company's business.