KUALA LUMPUR: Censof Holdings Bhd has acquired a 7.93% stake, or 41,680 treasury shares in Asian Business Software Solutions Pte Ltd (ABSS) for SG$1.28mil (RM4.09mil).
Quick take: Censof surges 30%, most active on Bursa thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (April 20): Technology company Censof Holdings Bhd, which has been named as a partner of Microsoft under the Bersama Malaysia initiative, saw its share price surges to a five-year high in active morning trade today.
As at 9.57am, the stock had soared 34.21% or 13 sen to 51 sen, translating into a market capitalisation of RM271.83 million. Trading volume stood at 174.83 million, exceeding its 200-day average volume of 8.59 million.
The stock had climbed 88.9% year-to-date (YTD) from when it was trading at 26.5 sen apiece on Dec 31 last year.
Yesterday, the government announced a partnership with Microsoft under the Bersama Malaysia initiative, which will see the hyperscaler establish its first data centre region in the country.
Censof most active, surges to five-year high in morning trade msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Censof back in the black in Q3 with RM2 million net profit 08 Feb 2021 / 23:07 H.
PETALING JAYA: Censof Holdings Bhd returned to the black for its third quarter ended Dec 31, 2020, posting a net profit of RM2 million against a net loss of RM83,000 reported in the same quarter of the previous year, attributed to higher sales from attractive government grants in Singapore, savings in finance costs, and a profit contribution from Netsense Group acquired earlier in the year among others.
Revenue for the period stood at RM23.73 million, a 42.2% improvement from RM16.68 million reported previously.
For the cumulative nine-month period, the group’s net profit stood at RM14.09 million, over a ninefold increase over RM1.54 million reported for the corresponding period of last year.