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Censof Holdings Berhad (“Censof” or the “Group”), a technology holdings company specialising in financial management software solutions, has been announced as one of Microsoft’s partners to advance the digital transformation of Malaysia’s key industries, including the public sector.
Under the collaboration, Censof will be working together with Microsoft to deliver its Government Resource Planning (GRP) system, which will run on Microsoft Azure, to meet the evolving needs of the Government and public sector. The GRP system, which is a flexible and scalable modular financial management system, redefines the future of resource planning for the Malaysian public sector while enabling the government to deliver enhanced public services with greater accountability and transparency to the people."
Technology PE should not be low like this. Now PE only 10, Censof at least can stand above PE 20 compare with tech peers. Fundamental and cash rich company.