Enterprise Software Company for Sale in Cyberjaya, Malaysia
Software and app development company with 30+ years of promoter experience & GLC contracts.
| Established | 20-30 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 257 thousand |
| Run Rate Sales | USD 260 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Enterprise Software + 1 more |
| Locations | Cyberjaya |
| Local Time | 10:23 AM Asia / Kuala Lumpur |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.9 million
(Native Currency: MYR 8,000,000)
Reason: After 20 years of successfully running the business, the owner is now ready to retire and focus on h...
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Includes physical assets worth
USD
540 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Photos of Office Building
(2.2 MB)
MSC Status Certificate
(335.3 KB)
MOF Registration Certificate
(149.3 KB)
MOF Bumiputra Status Certificate
(708.6 KB)
Company Profile
(1.5 MB)
Domain-Verification.pdf
(213.8 KB)
SSM Certificate
(844.4 KB)
Business Overview
- Specialized web and mobile apps development company focused on the airlines and travel industry.
- Expertise in developing software solutions for flight booking systems specifically designed for airlines.
- Strong proficiency in software integration with Navitaire systems, tailored to meet the needs of airlines.
- Expansion into ancillary verticals such as e-commerce web and mobile applications for the travel and hospitality industry.
- Current client portfolio includes a major Government-Linked Corporation (GLC).
- Previous clientele includes another airline, for which we developed booking websites and mobile apps enabling customers to purchase products online.
- Serving one primary client at the moment.
- Licensed with SSM, MOF Registration Certificate, MOF Bumiputra Status Certificate, and MOF Bumiputra Status Certificate.
- Promoter with an extensive industry experience of 30 years.
- Expertise in developing software solutions for flight booking systems specifically designed for airlines.
- Strong proficiency in software integration with Navitaire systems, tailored to meet the needs of airlines.
- Expansion into ancillary verticals such as e-commerce web and mobile applications for the travel and hospitality industry.
- Current client portfolio includes a major Government-Linked Corporation (GLC).
- Previous clientele includes another airline, for which we developed booking websites and mobile apps enabling customers to purchase products online.
- Serving one primary client at the moment.
- Licensed with SSM, MOF Registration Certificate, MOF Bumiputra Status Certificate, and MOF Bumiputra Status Certificate.
- Promoter with an extensive industry experience of 30 years.
Products & Services Overview
- Company has been executing web and mobile projects for airlines that integrate with the Navitaire Passenger Service System (PSS).- As the go-to technology partner for clients in the region, we provide proven expertise in developing custom mobile apps and web booking systems built on the Navitaire platform.
- Working primarily with airlines and travel industry.
Assets Overview
Tangible asset: 3.5 story building, valued at MYR 2.3M.Intangible assets.
- Existing services contract with major GLC.
- Very experienced technical team in web, mobile and back-end integrations, namely to Navitaire systems and other airline systems.
Facilities Overview
We own a 3.5-story shop lot in Cyberjaya, which serves as our primary headquarters and development center.
Capitalization Overview
Shareholders are 2 with a 65%-35% split.The business is self-funded through payments received from customers for our services. Apart from the Cyberjaya property (with an outstanding balance of MYR 1.14M), there are no other loans or liabilities. Cash reserves in the bank are consistently sufficient to cover 6 to 9 months of normal business operations.
Recent Activity
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Earlier than 15 daysCountry Sales Manager, Oil And Gas, Kuala Lumpur, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Broker, Singapore, Business Broker connected with the Business
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Earlier than 15 daysDirector, Consulting And Finance Technology, Kuala Lumpur, Corporate Investor / Buyer connected with the Business
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