The following are the hosting packages from local company based at Penang and they are serious in hosting business.
Incase you don’t know, this company offers the cheapest hosting packages you can find in Malaysia. And the server is located at Cyberjaya so low latency for local audience and works best on website for local content. It also provide hosting hosted at US so for international users also can get those packages offered.

NOTE:Exchange rate USD against RM as of 2006-04-10 USD 1 = RM 3.6680