Croesus IT eyes plantation technology post-listing


From left: Croesus IT Holdings Bhd independent director Chua Kian Hong, MD/CEO Richard Liau, COO executive director Winnie Liew and independent director Wan Haslan Wan Hassan.

KUALA LUMPUR: Croesus IT Holdings Bhd is bolstering its focus on plantation technology as a key growth segment for the company following its listing on the LEAP Market of Bursa Malaysia yesterday.

Managing director Richard Liau said the plantation technology segment is an important market for expansion, especially in Malaysia and Indonesia, and that Croesus IT aims to integrate its digital solutions into the segment.

“Plantation software is a key area for us.

“Indonesia and Malaysia are the main target countries for us at the moment,” he said at a press conference after the listing ceremony yesterday.

Croesus IT’s plantation solution combines SAP Business One as the backend system with its proprietary front-end modules covering checkroll management, vehicle running analysis, block reporting and other plantation-specific processes.

Furthermore, Liau said Croesus IT will leverage the visibility gained from its listing to support regional expansion, particularly in Singapore and Australia. — Bernama

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