Century Software Holdings Berhad IPO
Century Software Holdings Berhad IPO
Century Software IPO Opening 12-01-11
Closing Date 19-01-11
Century Software Issue Price RM 0.93
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Public Issue 23,000,000 Century Software Shares
- 8,650,000 SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;
- 5,800,000 SHARES AVAILABLE FOR APPLICATION BY ELIGIBLE DIRECTORS, EMPLOYEES
-AND BUSINESS ASSOCIATES OF CENTURY SOFTWARE HOLDINGS BERHAD AND ITS
SUBSIDIARY COMPANIES;
* 8,550,000 SHARES FOR PRIVATE PLACEMENT TO SELECTED INVESTORS;
-
Offer for Share 10,931,200 shares
Private Placement 19,481,200 shares
Issuing House MIH 508
Main Market
Tentative listing Date 31-01-2011
Century Software Holdings Berhad is an investment holding company whose core business is the provision of Financial Management and Payment Aggregation Software Solutions via it's subsidiary companies, Century Software (M) Sdn Bhd and T-Melmax Sdn Bhd.
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Century Software Holdings Berhad IPO News
The Star 30 December 2010
KUALA LUMPUR: Century Software Holdings Bhd, a financial management software solutions provider, plans to raise RM21.4mil from its initial public offering (IPO).
The company said in a statement yesterday that RM6mil, or about 28%, of the IPO proceeds would be used for research and development (R&D).
"The rest are for capital expenditure to expand business, working capital, repayment of bank borrowings and listing expenses," it said.
Its deputy executive chairman, Samsul Husin, said the company planned to enlarge its current R&D team and use part of the IPO proceeds together with internally-generated cash flows to develop new applications and solutions.
"The IPO is aimed at not only to create a higher profile for the group but more importantly to take R&D capability to the next level," he said.
Century Software's IPO entails a public issue of 23 million new ordinary shares and an offer-for-sale of 10.9 million vendor shares at an issued and offer price of 93 sen each.
Of the public issue of 23 million new shares, 8.55 million shares are for private placement to selected investors, 5.8 million shares for eligible directors, employees and business associates and 8.65 million shares for the public via balloting process.
Century Software is slated to issue its prospectus and list on Bursa Malaysia in January next year.
Kenanga Investment Bank Bhd is the adviser, sole underwriter and sole placement agent for the IPO. - Bernama
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Century Software Holdings Bhd (CSHB), which develops accounting software, plans to list its business on the Main Market of Bursa Malaysia.
It is proposing to issue 23 million new shares, representing 13.3 per cent of its enlarged paid-up capital under its proposed initial public offering (IPO).
In a prospectus exposure on the Securities Commission's website, the group is offering 8.65 million of the new shares, representing 5.03 per cent of its enlarged paid-up capital, for the general public. Half of it would be for Bumiputera investors.
It will place 8.55 million shares to identified investors and another 5.8 million shares to eligible directors, employees and business associates of the Group.
CSHB is also proposing to offer 10.93 million shares of 10 sen each, representing 6.36 per cent of its enlarged issued and paid-up share capital, by way of private placement to identified investors.
It is also proposing to implement a one-for-one bonus share issue involving 172.1 million new shares that would increase to 34.42 million as fully paid-up to be listed on the Main Market.
Kenanga Investment Bank Bhd is the adviser, underwriter and placement agent for the exercise.
CSHB said it will use 27.67 per cent of the funds to be raised for research and development expenditure, 24.9 per cent for business expansion and capital expenditure, 19.76 for working capital, 15.81 per cent to repay bank borrowings and the balance for listing expenses.
The Group said it is constantly looking to develop new revenue generating softwares and products to ensure continuous growth in revenue which is in line with its strategy towards achieving a multi-solution company.
Business expansion and capital expenditure may include expansion into overseas countries such as Indonesia, Brunei and Cambodia.
The Group's two MSC status subsidiaries are Century Software (Malaysia) Sdn Bhd (CMS) and T-Melmax Sdn Bhd (TMX).
CSM is an end-to-end solution provider of high-end financial management software and services (FMSS), with over 10 years experience in the public sector.
The government had appointed CSM to implement and maintain their respective Standard Accounting System for Government Agencies (SAGA).
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（吉隆坡29日讯）财务管理软件解决方案供应商----世纪软件控股有限公司（Century Software Holdings Bhd），计划通过首发股中为它筹获2140万令吉资金。
该公司今日在一项文告中称，其中600万令吉或占约28%所筹获到的资金，将供研究与发展之用。
它称：“至于其余所筹获到的资金，将作为公司扩充业务的资本开销用途、运营资金，付还银行借贷与上市开销之用。”
该公司副执行主席桑苏胡辛表示，该公司计划扩大其现有的研发团队，并使用部分募集资金连同内部产生的现金流量，以开发新的应用和解决方案。
他称：“此次首发股的目的是不仅要创造较高的知名度，更重要的是促使研发能力达到新的水平。”
该公司在这次售股中，乃公开发售每股面值10仙的2300万股新股，以及献售1090万股新股，每股发售价是93仙。
在所发售的2300万股新股当中，其中580万股供合格董事、雇员和商业夥伴申购，855万股配售给指定投资者，以及865万股保留给公众认购。
世纪软件预定发行招股说明书，并预定于明年1月上市。
这将是另一家甫上市即派红股的公司。世纪软件公开发行新股后，每成功认购1股的投资者，将获派1股红股。
世纪软件成立于2008年8月8日，是一家投资控股公司，旗下有2家独资子公司，核心业务为设计、发展、提供及行销金融管理软件和服务。
该公司的核心产品是“Century Financials”。
世纪软件与政府的合作关系良好，客户群有超过70个政府机构。包括财政部、内陆税收局（IRB）、国家烟草局（NTB）等。
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世纪软件获准主板上市
2010/12/02 11:14:51 AM
●南洋商报
（吉隆坡1日讯）为大马政府部门提供财务管理软件解决方案（FMSS）的世纪软件控股（Century Software Holdings Berhad）已获得证券监督委员会的批准，寻求大马交易所主板上市。
世纪软件控股副执行主席森苏在文告表示，公司由1997年成立至今，专注于发展综合性企业解决方案，以符合庞大而复杂的公司在行政上的需求，例如政府机构。
森苏在文告说：“到目前为止，公司为政府部门提供服务已有超过10年之久，以高标准的财务管理软件解决方案使政府的行政工作更加有效率，并从中赢得良好的声誉。”
“此次的上市目的，除了从股市中筹集资金以作未来的业务扩展，也是为了能够在大马标记起公司在软件产业具有创新及领航的地位。”他说。
世纪软件的另一项业务为子公司的付款聚合业务，提供企业对企业（B2B）、企业对政府（B2G）及消费者对企业（C2B）的电子付款与采集解决方案。
如无意外，世纪软件预期在2011年首季完成上市。肯南嘉投资银行将担任世纪软件首次公开售股的顾问、包销商及配售代理商。
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