Telekom Malaysia Bhd. · MYX:TM
Telekom Malaysia Bhd — Shareholder Meeting (May 2011)
13 slides from Telekom Malaysia Bhd's shareholder meeting presentation, May 10, 2011
Slide 1: Responses to Questions from Minority Shareholder Watchdog Group (MSWG)
RESPONSES TO QUESTIONS FROM MINORITY SHAREHOLDER WATCHDOG GROUP (MSWG) 26th Annual General Meeting 10 May 2011
Slide 2: Operations and Financial Performance: Broadband Market Share
OPERATIONS AND FINANCIAL PERFORMANCE Background It is noted that TM continued to maintain its leadership position in the broadband segment with 1.68 million customers as at end 2010, up 17.4%. It is also set to meet the UniFi target of 1.1 million premises passed by end 2011, while the total number
Slide 3: Operations and Financial Performance: WiFi Hotspot Strategy
OPERATIONS AND FINANCIAL PERFORMANCE Question 1(b) How does the Board assess and reconcile the rapid change in wireless broadband technology such as 4G/LTE, with TM’s plans to increase its Streamyx hotspots or WiFi to 28,000 by end 2011 from 10,982 in 2010? • TM’s strategy: WiFi services for our nom
Slide 4: EBITDA Margin Target for 2011
OPERATIONS AND FINANCIAL PERFORMANCE Question 2 It is noted that the Company’s 2011 targeted KPIs were 2.5% growth in revenue and earnings before interest, tax, depreciation and amortization (EBITDA) margin of 32%. (i) What is the rationale for the EBITDA margin of 32.0% to be lower than the 33.1% E
Slide 5: Operations and Financial Performance: KRS Consortium and Submarine Cables
OPERATIONS AND FINANCIAL PERFORMANCE Background In 2010, the Company entered into a partnership with Japan-based NTT Communication Corporation to develop its first private cable, Cahaya Malaysia, connecting Malaysia with Hong Kong and Japan. It also invested in the new Batam-Dumai-Melaka (BDM) Cable
Slide 6: KRS Role and Submarine Cable Capex
OPERATIONS AND FINANCIAL PERFORMANCE Question 3(b) What are the Company’s roles in the KRS given its extensive experience in IP and submarine cable systems? Answer : • To share our expertise and vast experience with KRS, if required. Question 3(c) What would be the capex for the Group’s new and exis
Slide 7: Provisions for Impairment and Write-off: Receivables
OPERATIONS AND FINANCIAL PERFORMANCE Question 4 What are the reasons for the following provisions for impairment and write-off: Question 4(a) The write-off for trade and other receivables as uncollectible at RM197.0 million and RM36.1 million respectively (See Note 34)? Answer : • These debts were w
Slide 8: Impairment of Investment in TM ESOS Management
OPERATIONS AND FINANCIAL PERFORMANCE Question 4(b) The provision for impairment for investment in TM ESOS Management Sdn Bhd of RM19.9 million (2009: RM99.0 million) (See Note 28)? Answer : •RM19.9mn impairment comprises the difference between the exercise price and the carrying value of the TM and
Slide 9: Impairment of Available-for-Sale Receivables
OPERATIONS AND FINANCIAL PERFORMANCE Question 4(c) The provision for impairment for available-for-sale receivables of RM17.7 million (2009: RM3.5 million) (See Note 32(a))? Answer : • Mainly due to change in basis of assessment following the adoption of FRS 139 on 1 January 2010. • Previously, the i
Slide 10: Capital Distribution from Axiata Share Disposal
OPERATIONS AND FINANCIAL PERFORMANCE Question 5 As reported, the Board intends to dispose of its remaining shares of Axiata Group Berhad in 2011. The shares were valued at RM481.9 million or RM0.135 per TM share as at 31 December 2010. Would the Board consider another capital distribution for the fi
Slide 11: Corporate Governance: KPMG Findings and MACC Investigation
CORPORATE GOVERNANCE Background We understand that TM’s Board had considered and deliberated the findings of an independent internal investigation into the alleged improper payments by Alcatel Lucent Malaysia Sdn Bhd to TM employees. The Board had agreed that the report by KPMG Corporate Services Sd
Slide 12: Corporate Governance: Audit Committee Sub-Committee Recommendations
CORPORATE GOVERNANCE Question 6(b) What were the recommendations by the Board Audit Committee’s Sub-Committee and actions taken by the Board? • The BAC’s Sub Committee (“BSC”) recommended that the findings of Answer : the KPMG forensic accountants be handed over to the MACC - done on 1 March 2011. •
Slide 13: Thank You
THANK YOU 13 •Investor Relations• Level 11 (South Wing)• Menara TM •Jln Pantai Bharu •50672 Kuala Lumpur, Malaysia • Tel (603) 2240 4848/ 7366 / 7388
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