Computer Sciences Corp. has offered $104 million in cash to buy Malaysian software company Computer Systems Advisers Bhd.

The offer values Computer Systems at $1.03 per share, the Petaling Jaya-based company said in a filing to the Malaysian stock exchange Thursday. The company’s board is reviewing the offer, which would result in its de-listing from the Malaysian stock exchange.

Computer Systems Advisers was founded in 1971 and employees more than 1,100 workers in 23 offices in Malaysia.

Shares in CSC gained 5 percent Wednesday on the buyout offer but were down 35 cents to $57.16 in afternoon trading Thursday on the New York Stock Exchange.