PublicInvest Research
Technical Buy - CENSOF (5195)
PublicInvest
Publish date: Mon, 11 Mar 2024, 11:22 AM
PublicInvest
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An official blog in I3investor to publish research reports provided by PublicInvest Research team.
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp
PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718
Description
CENSOF provides an extensive portfolio of financial management software solutions that cater to start-ups, small and medium enterprises (SMEs), as well as large corporations.
Fundamentals
The recent Budget 2024 provides another opportunity for the group with the introduction of mandatory e-invoicing for taxpayers with annual income or sales exceeding RM100m, starting from 1 Aug 2024. E-invoicing for taxpayers in other income categories will be enforced in phases, with a comprehensive implementation target of July 2025.
Source: PublicInvest Research - 11 Mar 2024
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