Time Dotcom Bhd. · MYX:TIMECOM
Time Dotcom Bhd — Shareholder Meeting (June 2014)
28 slides from Time Dotcom Bhd's shareholder meeting presentation, Jun 5, 2014
Slide 1: 17th Annual General Meeting
17th Annual General Meeting 5th June 2014 0
Slide 2: 2013 At a Glance, 2014 Expectations, MSWG Questions
2013 At a Glance 2014 Expectations MSWG Questions 1
Slide 3: 2013 Performance
2013 Performance 22
Slide 4: Performance Indicators
Performance Indicators * * * Note: * Adjusted to excludes realisation of fair value gain from available-for-sale reserve for comparison purposes. 3
Slide 5: Revenue by Product
Revenue by Product Data Centre Data +75% Growth YoY Voice +34% Change Growth YoY YoY -4% Note: Data includes revenue from Global Transit Companies. 4 The comparative revenue by product segment has been reclassified to be consistent with the current year presentation.
Slide 6: 2013 at a glance
2013 at a glance NETWORK REGIONAL ENHANCEMENTS ADVANCEMENTS LANDING OF APG Cable >130,000 FIBERISED PREMISES NEW Distributed Global PoPs DIVIDEND-IN-SPECIE June 2013 DATA PEOPLE CENTRE FIRST-EVER DEVELOPMENT EXPANDED DIVIDEND CAPACITY SHARE S POLICY Menara Aik Hua is now MENARA AIMS 5
Slide 7: Domestic Network Enhancements
Domestic Network Enhancements Constructed a full-fledged cable landing station Our 100% fibre optic network now in Kuantan reaches over 130,000 premises Received the highly- respected Information Built our 3rd route to Kuantan Security Management in our effort to position Systems (ISMS) ISO/IEC Kuan
Slide 8: Regional Advancements
Regional Advancements Landmark landing of APG Cable in Kuantan, completing our Malaysia to USA connectivity KTN JPN USA Added new Point of Presence (PoPs) in London, Frankfurt, Amsterdam, Cambodia and Hong Kong, expanding global connectivity (Asia-World-Asia strategy) 7
Slide 9: Data Centre Growth
Data Centre Growth Renamed Menara Aik Hua to Expanded data centre capacity at Menara AIMS, cementing long-term Menara AIMS by an additional presence in KL 6,000 square feet 8
Slide 10: 2014 Expectations
2014 Expectations 99
Slide 11: 2014 Another Year of Continuing Growth
2014 Another Year of Continuing Growth Strengthening fibre optic network across Malaysia Continuing Demand expected from mobile operators for their network modernisation and LTE network rollouts Going Regional •Expanding data centre businesses •Establish more international PoPs •To capture Indochina
Slide 12: TIME Global Network
TIME GLOBAL NETWORK France Greece Japan South Korea Unity Cable San Jose Palo Alto Saudi Qatar China Pakistan Los Angeles Egypt Arabia Taiwan Hong Kong UAE India APG Cable Oman Vietnam Yemen (under construction) Cambodia Djibouti Thailand AAE-1 Cable Malaysia (under construction) Singapore With the
Slide 13: MSWG Questions
MSWG Questions 12 12
Slide 14: Strategic & Financial Matters
Strategic & Financial Matters 13 13
Slide 15: Q1) Data sales growth by segment
Q1) In the Chairman’s Statement, it was stated that sales from the Group’s data grew 34% to RM411.6 million during the financial year on the back of improved revenues from Wholesale, Enterprise and SME & Consumer segments, which climbed 43%, 21% and 16% respectively. 14 14
Slide 16: Q1) (i) Main contributing segment in 2013
Q1) (i) Which segment was the main contributor to the Group in 2013? A. Wholesale and enterprise segments were the main contributors to the Group in 2013. Q1) (ii) Which segment would remain the key driver for revenue in 2014? A. The Group expects that the wholesale and enterprise segments would con
Slide 17: Q1) (iii) Expected CAPEX for FY2014
Q1) (iii) What would be the expected CAPEX for FY2014? A. The Group CAPEX for 2014 is estimated at RM270 million. A large portion of the said CAPEX will be incurred for the Group’s new submarine cable investments, Asia Pacific Gateway (APG) and Asia-Africa-Europe-1 (AAE-1) cable systems. 16 16
Slide 18: Q2) Competition and price erosion
Q2) It was stated in the Review of Operations that stiff competition and price erosion have become a concern due to new entrants and landscape changes in the wholesale telecommunications space. 17 17
Slide 19: Q2) (i) Competitors and new entrants
Q2) (i) Who are these competitors and new entrants? A. Our competitors include all licensed fixed-line operators and global service providers who provide similar products and services as us. New entrants in recent years have been smaller local telecommunication companies which have been granted lice
Slide 20: Q2) (ii) Effect of price erosion on industry and Group
Q2) (ii) How has the price erosion affected the overall industry and the Group? A. The Group and the industry as a whole has had to refocus its energies and double its efforts to improve execution, efficiency and effectiveness and provide more value added and superior services in order to differenti
Slide 21: Q2) (iii) Landscape changes in wholesale market
Q2) (iii) Could the Board elaborate on the landscape changes as mentioned in the Review of Operations? A. The traditional telecommunication’s wholesale market boundaries have begun to blur with the emergence of technologies that provide cheaper alternative access to the internet which may lead to ca
Slide 22: Q3) SME and Consumer segment growth
Q3) It was also stated in the Review of Operations that the SME and Consumer segment experienced respectable growth for 2013. 21 21
Slide 23: Q3) (i) Subscriber growth and churn rate
Q3) (i) What was the subscriber growth rate and what was the churn rate compared to the previous year? A. SME and consumer segments recorded a 16% growth rate in 2013 whilst the churn recorded is in line with the increase in revenue. 22 22
Slide 24: Q3) (ii) Differentiation from other broadband operators
Q3) (ii) Given that there are other operators offering high-speed broadband packages, how does the company differentiate themselves from these competitors? A. The Group continues to compete on all fronts by continuing to deliver innovative products and service offerings via its 100% fibre optic netw
Slide 25: Corporate Governance (CG)
Corporate Governance (CG) 24 24
Slide 26: Q1) Publishing AGM minutes on the website
Q1) We would like to encourage the Board to publish the Minutes or the Summary of Minutes of the AGM on the Company’s website to be in line with the spirit of transparency and good Corporate Governance practices based on the ASEAN CG Scorecard which is being used to assess the level of CG standards
Slide 27: A. Announcement of general meeting outcomes to Bursa Malaysia
A. The outcome of general meetings is announced to Bursa Malaysia Securities Berhad on the same day after the conclusion of the general meetings as required by the Listing Requirements of Bursa Malaysia Securities Berhad. This includes whether or not the resolutions were carried and if the resolutio
Slide 28: 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 2727