Growing Financial Software and Payment Gateways Overseas
from The Breakfast Grille Hosted by BFM Media
Abdul Mushir bin Che Chik, Executive Director of Century Software Bhd, discusses the IPO exercise, and defends the Offer for Sale and the allocation of shares for Independent Non-Exec Directors. He also discusses their mostly clients, mainly from the Govt Sector, and contract duration being a risk to the business. He discusses open tenders, its "SAGA" (Standard Accounting System for Government Agencies") recognition and how viable it is a USP going forward. He talks about non-govt projects and whether it is a strategy to win these jobs and how it plans to do so. Financial issues such as margins, receivables, recoverability, is also discusses, as are its strategy to expand to overseas markets like Brunei, Indonesia and Cambodia.
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