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Azeus Systems Holdings Ltd. ( (SG:BBW) ) has provided an announcement.
Azeus Systems Holdings Ltd has provided an update on its Central Electronic Recordkeeping System (CERKS) project for the Hong Kong SAR Government, initially valued at HK$1.02 billion. The project, which has entered its deployment phase, is progressing on schedule, though the number of users is expected to be lower than initially projected, potentially impacting revenue from license fees. However, the possibility of additional government agencies adopting the system could offset this variance, with final user numbers to be confirmed by September 2026.
The most recent analyst rating on (SG:BBW) stock is a Buy with a S$17.50 price target. To see the full list of analyst forecasts on Azeus Systems Holdings Ltd. stock, see the SG:BBW Stock Forecast page.
More about Azeus Systems Holdings Ltd.
Azeus Systems Holdings Ltd, incorporated in Bermuda, operates in the technology industry, specializing in content and records management products. Its primary product, Convene Records, is designed for electronic recordkeeping and is being customized for deployment across various government departments.
Average Trading Volume: 3,113
Technical Sentiment Signal: Buy
Current Market Cap: S$462M
For an in-depth examination of BBW stock, go to TipRanks’ Overview page.