Today 11:03 • Finanzen100
Value: What some shares not create in decades, the paper of IFCA MSC has been finished in a few months. Home is the software company with the world’s top share but not those in the Silicon Valley, Tel Aviv or Bangalore -. But in the Malaysian capital Kuala Lumpur
sitting here IFCA MSC Bhd., the maker of cloud-based software for real estate companies whose stock price has fourteen times in the last twelve months. And profits climb almost as as much as the course after IFCA has achieved a market share of 80 percent in Malaysian real estate companies and expands to China.
be the first customers of the software with which track sales and handle payments, one in China Dalian Wanda Group Co., the billionaire Wang Jianlin. IFCA CEO Ken Yong Keang Cheun predicts that China will be the largest market for his company until 2018. “The growth in China’s incredible,” says Yong in an interview with Bloomberg News in his office in Petaling Jaya, a suburb of Kuala Lumpur.
In China, where there were 2013 more than 90,000 real estate companies, according to the Bureau of Statistics, IFCA has invested around 100 customers. In Malaysia include 800 of the 1,000 largest real estate companies to the IFCA customers. The profit has increased twelve-fold last year to 21.1 million ringgit ($ 2.1 million). Yong adopt “confident” that in 2015, another record will be achieved.
“The good thing about the software is that it the niche real estate developer, “says Chow Yuh Seng, General Manager for IT at Mah Sing Group Bhd., Malaysia’s fifth-largest developer by market value.
The share price of IFCA has climbed in the last twelve months by 1,321 percent. This is the biggest price jump show in all software companies worldwide with a market capitalization of at least $ 150 million, as data compiled by Bloomberg. The average gain was 46 percent. This year, the stock has gained 78.7 percent.
Bloomberg News
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