IT Services Company Investment Opportunity in Cyberjaya, Malaysia

Software and IT consultancy service provider in Malaysia developing SAP solutions for the public sector agencies.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 140 thousand
EBITDA Margin
10 - 20 %
Industries
IT Services + 1 more
Locations
Local Time
2:39 PM Malaysia
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 3.7 million for 25.0% stake (Native Currency: MYR 16,000,000)
Reason: Seeking funds for working capital required for product development, setting up operations for implem... View More
Includes physical assets worth USD 7 thousand
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Business Name
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Business Proposal
Business Overview

- Software and IT consultancy service provider focusing on developing SAP applications for Public Sector.

- Have completed 2 SAP projects for government agencies and 1 project for a private company.

- We are currently developing an ERP product cloud-based system for Malaysia Government Agencies which is built using the latest SAP Cloud Platform (S / 4HANA).

- The ERP product is an Application Managed Services (AMS) system that supports several clients of the automotive and public sector industry.

- The product is marketable to around more than 500 government agencies in the federal or state level on a subscription-basis. It can also be marketed in other countries.

- We have been appointed as a certified Malaysia Local Partner for the implementation of Hamilton product for IFRS16 (New accounting standard for lease business).

- Promoter has 20+ years of industry experience and is seeking funds for product development and launch. Post obtaining funds, the development will be completed in 6 months.

- Our sales have recently gone down due to a shortage of working capital.

- Business owned assets include computer and office equipment.

Products & Services Overview

EGADS (ERP Government Agency Digital System), Regional Support Office (RSO) Implementation, Application Managed Services (AMS), Hamilton / IFRS16 Implementation, ERP SAP Implementation Services.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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