KUALA LUMPUR: En route to a listing on the main market of Bursa Malaysia soon, Century Software Holdings Bhd, plans to expand its financial management software solutions (FMSS) business to several Southeast Asian countries within two years.
Its deputy executive chairman Samsul Husin said the group was targeting to provide FMSS to the public sector in Brunei, Indonesia and Cambodia and was hopeful for some positive developments within this year.
"There are opportunities in these markets. Like in Brunei, we have invitation to participate in tenders and also there is a reseller there. We are looking at three countries first as we do not want to move beyond our capacity," he told a press conference following the launching of the group's prospectus on Wednesday, Jan 12.
Under its IPO, it would issue 23 million new shares of 10 sen each at an offer price of 93 sen apiece. Of the 23 million new shares, 8.55 million shares would be placed out; 5.80 million shares for eligible directors, employees and business associates; and the remaining 8.65 million shares for the Malaysian public.
Kenanga Investment Bank Bhd is the adviser, sole underwriter and placement agent for Century Software's IPO. It is expected to be listed on Jan 31.
Its deputy executive chairman Samsul Husin said the group was targeting to provide FMSS to the public sector in Brunei, Indonesia and Cambodia and was hopeful for some positive developments within this year.
"There are opportunities in these markets. Like in Brunei, we have invitation to participate in tenders and also there is a reseller there. We are looking at three countries first as we do not want to move beyond our capacity," he told a press conference following the launching of the group's prospectus on Wednesday, Jan 12.
Under its IPO, it would issue 23 million new shares of 10 sen each at an offer price of 93 sen apiece. Of the 23 million new shares, 8.55 million shares would be placed out; 5.80 million shares for eligible directors, employees and business associates; and the remaining 8.65 million shares for the Malaysian public.
Kenanga Investment Bank Bhd is the adviser, sole underwriter and placement agent for Century Software's IPO. It is expected to be listed on Jan 31.
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