MIGHT-METEOR Advance Manufacturing Sdn. Bhd. is a joint venture between MIGHT and METEOR. Both shareholders are Government backed entities whose Board of Directors are comprised of distinguished Government and corporate individuals and representatives. MIGHT is a non-profit company established in 1993 as a partnership between the private and public sector, working together to prospect for business and investment opportunities through the harnessing of high technology. MIGHT's patron is the Honorable Prime Minister of Malaysia, Datuk Seri Dr. Mahathir Mohamed. MIGHT is steered by High-powered group under the Joint-Chairmanship of a prominent Malaysian business personality and the Science Advisor, Prime Minister's Department. The other members are likewise captains of the Malaysian industry and Chief Executives of technology-relevent organisations from the public sector, government ministries and other key government agencies.

Established in 1998, METEOR is a business venture set up by a consortium of eleven (11) Malaysian public universities to contribute to the Malaysian Multimedia Super Corridor initiative. METEOR's shareholders are the eleven public Universities each of which holds an equal share. The board of directors of METEOR are the Vice Chancellors of the participating Universities. METEOR also operates the Malaysia Open University (Universiti Terbuka Malaysia, UNITEM).