Croesus IT Holdings Berhad

Croesus IT Holdings Berhad

MMYX:CROESUS
0.23
MYR
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Semi-annual Revenue

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Semi-annual Earnings Per Share

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Semi-annual Dividends Per Share

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Company Description

CEO
Cheong Liau
Sector
Technology services
Industry
Information technology services
Address
Petaling Jaya Malaysia
IPO Date
Dec 3, 2025
Business
Croesus IT Holdings Berhad is a Malaysia-based investment holding company that specializes in the provision of enterprise resource planning (ERP) software solutions, digital transformation services, and enterprise information technology infrastructure. The company operates primarily through its key subsidiaries, which include Croesus IT Solutions Sdn Bhd, Croesus Technologies Sdn Bhd, Croesus Digital Services Sdn Bhd, and Croesus IT Properties Sdn Bhd. The group delivers comprehensive enterprise software services comprising software licensing; ERP implementation and customization; ongoing maintenance and technical support; cloud hosting and managed IT services; and the procurement and integration of related computer hardware and networking systems. As an established SAP Channel Partner, the company specializes in deploying and supporting SAP Business One and SAP Business One HANA solutions designed for small and medium-sized enterprises (SMEs) and mid-market organizations across industries such as agriculture, manufacturing, wholesale and distribution, logistics, and retail. Complementing its third-party ERP offerings, the company develops and markets proprietary enterprise add-ons and specialized software modules, including Croesus BiX for business intelligence and advanced analytics; Croesus B2B Uploader for automated electronic supplier portal integration and supply chain workflows; Croesus e-Procurement for digital requisition and purchasing management; Croesus myAgri for plantation and estate management operations; Croesus myHR for human resource management and payroll administration; Croesus myE-Invoice for statutory electronic invoicing and tax regulatory compliance; and financial compliance modules including Croesus MFRS15 and MFRS16 for revenue recognition and lease accounting standards. While primarily serving the Malaysian domestic market, the group also supports enterprise clients across the wider Asia-Pacific region, including Singapore, Indonesia, Thailand, the Philippines, Cambodia, and China. The group's principal operating business was founded in 2004, with the holding entity incorporated in 2016, and is headquartered in Petaling Jaya, Selangor, Malaysia. In recent major corporate developments, Croesus IT Holdings Berhad completed its public listing on the LEAP Market of Bursa Malaysia in December 2025 under the ticker CROESUS (Stock Code: 03066), raising capital to accelerate the rollout of cloud-hosted ERP services, enhance its proprietary software development portfolio, and expand its deployment of electronic invoicing compliance solutions in response to national tax digitalization mandates.