About Us
Information on Century Software Holdings Berhad
Century Software Holdings Berhad (CSHB) was incorporated under its present name as a public company in Malaysia on 8 August 2008, under the Act with the objective of being an investment holding company to facilitate our Listing exercise.
CSHB’s core business was essentially via Century Software (M) Sdn. Bhd. (CSM) which is principally involved in the design, development, implementation and marketing of Financial Management Software Solutions (FMSS). Our core and proprietary product, namely Century Financials, comprising CFg, CFc and SAGA Century, has evolved into a comprehensive FMSS with the ability to process and manage the full spectrum of an organisation’s financial transaction requirements with over 43 accounting and related modules.
In line with our plan to continuously expand the business, we actively look into avenues to diversify our revenue source as well as to provide more value added services to our customers. During the second half of 2009, CSM collaborated with T-Melmax Sdn Bhd (TMX) to offer payment gateway services as part of Century Financials by linking with TMX’s proprietary payment gateway as a value added service for CSM’s customers. TMX is a company principally involved in providing service for financial applications, electronic payments and collections solutions, essentially offering SaaS.
Leveraging on CSM’s strength in the Government sector as well as TMX’s strength as the only e-payment gateway provider with revenue sharing arrangements on collections and payments with six (6) major banks in Malaysia, we conceptualised e-Bayaran, a one-stop portal for businesses to make payments to various government bodies. The main objective of this portal is to assist government bodies such as PZNS, EPF, SOCSO and LHDN by simplifying the process of collecting payments from companies and corporate bodies in a simple and efficient manner using the latest web based solutions as well as electronic payments instead of manual paperwork, enabling government bodies to focus and improve its service to the contributors. Essentially, e-Bayaran is expected to assist and simplify the process for companies and corporate bodies in making monthly contributions. The portal is expected to be launched in the first quarter of 2011.
In order to strengthen the business opportunities created by the synergistic benefits between CSM and TMX, both the companies decided to merge the two businesses under one corporate umbrella, culminating in the acquisition by CSHB of the entire equity interest in CSM and TMX.
We will continue to leverage on each subsidiary’s strength to explore new business opportunities and take our Group to greater heights. The additional details of our subsidiary companies is available below: