Time Dotcom Bhd. · MYX:TIMECOM
Time Dotcom Bhd — Shareholder Meeting (June 2016)
27 slides from Time Dotcom Bhd's shareholder meeting presentation, Jun 2, 2016
Slide 1: 19th Annual General Meeting
th 19 Annual General Meeting 2 June 2016
Slide 2: 2015 at a Glance
2015 AT A GLANCE Strong revenue growth across Wholesale, Enterprise and SME & Consumer businesses. Ventured into ASEAN via acquisitions in Vietnam and Thailand. Increased number of premises passed in Malaysia by 25%. Building connectivity to East Malaysia via Sistem Kabel Rakyat 1 Malaysia (SKR1M).
Slide 3: Financial Snapshot
FINANCIAL SNAPSHOT 2 TIME
Slide 4: Performance Indicators
PERFORMANCE INDICATORS FY 2015 FY 2014 REVENUE RM 682.4 MILLION 14% RM 596.3 MILLION EBITDA RM 263.9 MILLION 15% RM 228.8 MILLION OPS PROFIT RM 170.6 MILLION 19% RM 143.9 MILLION 3
Slide 5: Revenue by Product
REVENUE BY PRODUCT DATA 15% YEAR-ON-YEAR DATA CENTRE 18% YEAR-ON-YEAR VOICE 7% YEAR-ON-YEAR 4
Slide 6: Shareholder Value
SHAREHOLDER VALUE EARNINGS PER SHARE TOTAL MARKET CAPITALISATION FY 2015 81 SEN RM4.37 BILLION UP FROM 30 SEN IN FY2014 UP FROM RM2.82 BILLION AS AT 31 DEC 2014 FY 2015 Special Interim FY 2015 Interim DIVIDENDS 73.5 SEN 6.7 SEN PAID ON 29 JULY 2015 PAID ON 31 MARCH 2016 31 DECEMBER 2015 2 JANUARY 20
Slide 7: We Have Come a Long Way
WE HAVE COME A LONG WAY 5 TIME
Slide 8: Our Journey Thus Far
OUR JOURNEY THUS FAR Key Market Statistics Last closing price RM7.28 (31 March 16) Total number of issued shares 575,600,468 5-Year High RM7.80 (26 Jan 16) Current Market Cap RM4.190 billion (31 March 16) 5-Year Low RM1.63 (26 Sept 11) Total Shareholder Equity RM2.045 billion (31 March 16) 7
Slide 9: The Group Today
THE GROUP TODAY TIME dotCom Berhad INTERNATIONAL Malaysian Fixed Line International Bandwidth Data Centres ASEAN 100% fibre optics-based International bandwidth Carrier neutral data Expansion of TIME across domestic fixed-line provider with a global centre provider with ASEAN through strategic telec
Slide 10: Review of 2015
REVIEW OF 2015 0 TIME
Slide 11: Malaysian Fixed Line
MALAYSIAN FIXED LINE Grew across all segments Expanded network Extended reach Thanks to our stable network, Nationwide fibre optic Premises passed grew strong product portfolio and network now spans over by more than 25% good user experience. 15,000 kilometres. compared to 2014. Developing connectiv
Slide 12: International Bandwidth
INTERNATIONAL BANDWIDTH Strengthened turnover Improved presence Grew market share 10% increment in revenue ASEAN PoPs – Malaysia, 11.5% share of the compared to the financial year Singapore, Thailand, ASEAN market – target ended 31 Dec 2014. Cambodia and Indonesia. 20% by 2019. Sold more bandwidth I
Slide 13: Data Centre
DATA CENTRE Outperformed the industry Linked major DCs Increased capacity Exceeded data centre In partnership with MDEC, Added 10,000 square Industry average revenue initiative to reduce bandwidth feet of data centre space growth of 4.6% in 2015. cost among major DCs in at Menara AIMS. Cyberjaya. In
Slide 14: ASEAN Update
ASEAN UPDATE 8 TIME
Slide 15: Vietnam
VIETNAM 25.4%* Direct TIME interest • No. 4 fixed line telco in Vietnam • Focused on Enterprise and Wholesale markets • Data centre presence in Hanoi and Ho Chi Minh • Nationwide fibre network • Investor in the APG submarine cable system * Direct TIME interest as at 31 December 2015. This increased
Slide 16: Thailand
THAILAND 49% Direct TIME interest • No. 8 infrastructure ISP in Thailand • Fibre coverage across Bangkok, connected via 6 fibre rings • Enterprise focused • Data centre presence in Bangkok CBD • Well-positioned for a business turnaround 15
Slide 17: Outlook
OUTLOOK 6 TIME
Slide 18: International Subsea Cable Assets
INTERNATIONAL SUBSEA CABLE ASSETS expected to contribute fresh earnings to the Group. Completion: 2H 2016 ASIA PACIFIC GATEWAY Completion: 2H 2016 Completion: 2017 17
Slide 19: 2016 and Beyond
2016 AND BEYOND Strengthening ASEAN foothold through strategic acquisitions, partnerships and joint ventures. Extending our domestic reach to new territories and improving our presence in the retail segment. Expanding connectivity to East Malaysia when SKR1M is completed in 2017. Improving products
Slide 20: MSWG Q&A
MSWG Q&A »s TIVE
Slide 21: Strategic & Financial
STRATEGIC & FINANCIAL 1. The Chairman in his statement, stated that during the year, the Group had acquired CMC Telecom and KIRZ Co. Ltd in Vietnam and Thailand respectively. i. Could the Board share details about the operations of KIRZ Co Ltd and how would this acquisition benefit the Group? KIRZ C
Slide 22: Strategic & Financial (Continued)
STRATEGIC & FINANCIAL Continued 1. The Chairman in his statement, stated that during the year, the Group had acquired CMC Telecom and KIRZ Co. Ltd in Vietnam and Thailand respectively. ii. When does the board expect these companies to contribute positively to the earning of the Group. The investment
Slide 23: Strategic & Financial
STRATEGIC & FINANCIAL 2. Under Note 17 on page 10 of the Annual Report, what was the nature of the reversal of provision made pursuant to a dispute settlement with a supplier amounting to RM11 million in the previous financial year? The reversal of provision in 2014 was in relation to the resolution
Slide 24: Corporate Governance
CORPORATE GOVERNANCE 1. Under Note 24 on page 116 of the Annual Report, the range of remuneration has been disclosed by band. According to the requirements under Chapter 9, Appendix 9C, Part A, 11(b) of the Main Market Listing Requirements, the remuneration must be disclosed by band of RM50,000. Ple
Slide 25: Corporate Governance
CORPORATE GOVERNANCE 2. The recent amendments to Chapter 9, Paragraph 9.21(2) of the Main Market Listing Requirements requires companies to publish the summary of key matters discussed at the AGMs onto the companies’ website for AGMs held on or after 1 July 2016. In line with this, we hope the Board
Slide 26: Disclaimer
DISCLAIMER This presentation and the discussion following may contain forward looking statements by TIME dotCom Berhad (“TIME”) related to financial, market or industry trends for future period. These forward looking statements involve known and unknown risks and uncertainties which may cause the ac
Slide 27: Thank You
Thank You Should you have any queries, please contact:: investor.relations@time.com.my TIME dotCom Berhad No.14, Jalan Majistret U1/26, HICOM Glenmarie Industrial Park, 40150 Shah Alam, Selangor, MALAYSIA Tel: +603-5032 6000 I Fax: +603-5032 6100 I www.time.com.my 26