Application Software Company for Sale in Kuala Lumpur, Malaysia
Non-operational Malaysian application software company with MDMSC for sale.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Application Software |
| Locations | Kuala Lumpur |
| Local Time | 9:19 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
70 thousand
(Native Currency: INR 6,000,000)
Reason: Owners have other businesses to run.
Documents
Domain-Verification.pdf
(213.9 KB)
Business Overview
- Application software development company that was primarily serving government clients in Malaysia.
- Our operations were impacted by Covid hence we shut down operations.
- We are awaiting government payment to settle dues and the receivables stand at RM 238,348.
- Secured Malaysia Digital Status (formerly MSC Status) certification.
- Significant business potential identified in Malaysia and ASEAN countries in both government and private sectors.
- Experience includes IT project execution, specifically telecom software projects, serving government and telecom sectors.
- Promoters with 30 years of experience in the industry.
- Company had a revenue of RM 3.8 million 2 years back.
- The owners (based out of India) travel between Malaysia and India for work.
- Our operations were impacted by Covid hence we shut down operations.
- We are awaiting government payment to settle dues and the receivables stand at RM 238,348.
- Secured Malaysia Digital Status (formerly MSC Status) certification.
- Significant business potential identified in Malaysia and ASEAN countries in both government and private sectors.
- Experience includes IT project execution, specifically telecom software projects, serving government and telecom sectors.
- Promoters with 30 years of experience in the industry.
- Company had a revenue of RM 3.8 million 2 years back.
- The owners (based out of India) travel between Malaysia and India for work.
Products & Services Overview
Application software development company primarily serving government clients in Malaysia.
Assets Overview
No asset in the name of the company at the moment.
Facilities Overview
No office at the moment for the company.
Capitalization Overview
Company is wholly owned subsidiary.2 shareholders.
No loans or debts outstanding.
Recent Activity
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Earlier than 15 daysDirector, Marketing Consultancy, Kuala Lumpur, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Facilities Management, Staffing & Outsourcing., Saudi Arabia, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, IT Services, Kuala Lumpur, Individual Investor / Buyer connected with the Business
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