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  Corporate Profile

VISION
"To be the Market leader in providing the next generation Financial Management Solutions"

MISSION
"We pledge to devote our expertise towards excellence in creating competitive advantage for our customers by offering the Financial Management Solutions by choice"

Century Software Holdings Berhad (CSHB) was incorporated under the present name as a public company in Malaysia on 8 August 2008, under the Companies Act with the objective of being an investment holding company to facilitate the Listing exercise.

As part of the internal restructuring scheme to form our Group for the Listing, on 15 December 2010 and 20 December 2010, CSHB completed the acquisition of the entire equity interest of CSM and TMX respectively.

CSHB's core business is essentially via CSM, which is principally involved in the design, development, implementation and marketing of FMSS. Our core and proprietary product, namely Century Financials, comprising Century Financials Government, Century Financial Commercial 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 had actively looked into avenues to diversify our revenue source as well as provide more value added services to our customers. During the second half of 2009, CSM collaborated with 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, namely CFmpg. TMX is a company principally involved in the provision of financial applications, electronic payments and collections solutions, essentially offering SaaS. Besides obtaining a new revenue stream, CSM also intends to leverage on TMX's knowledge to deliver the SaaS model to facilitate the FMSS business.

Leveraging on CSM's strength in the Government sector as well as TMX's strength as the only e-payment gateway provider with a revenue sharing arrangement 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 agencies. The main objective of this portal is to assist government agencies 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 agencies 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.