For the past 2 months, we were at the 2020 Budget Tax Seminar conducted by both LHDNM and CTIM at 23 locations across the nation, reaching out to a total of 11,019 participants and these were the biggest roadshow of the year where iBiZZtax was being promoted.
Besides promoting our iBiZZtax (cloud tax computation software) to potential new users, we are also following up with our existing users to convert from the offline version to iBiZZtax. By using iBiZZtax, we are able to fulfil the latest technology and requirements by LHDNM and it helps to improve in the tax collection and help tax agent to grow their business continuously.
We came to a total of approximately 1,000 personalized close new contacts of tax professional who came from nationwide to brief and introduce our iBiZZtax, in which close to 60% were very keen and interested because it was seen as an advantage and a helpful tool to fill the complicated data entry and eFiling to achieve their targeted business sales through the Cloud Technology. Out of this total, we have achieved on the spot sign-up from all the roadshows in the 23 locations amounting to 75 subscriptions, and a further online registered of 120 subscriptions after the roadshows.
As for the existing offline users, we have also achieved a gradual conversion of 30% to iBiZZtax, and it is still increasing.