Singapore Technologies Engineering Ltd · SGX:S63
Singapore Technologies Engineering — Merger or Acquisition (March 2019)
15 slides from Singapore Technologies Engineering's merger presentation, Mar 27, 2019
Slide 1: Proposed Acquisition of Newtec Group NV
Proposed Acquisition of Newtec Group NV 27 March 2019
Slide 2: Disclaimer
Disclaimer The forward-looking statements in this presentation reflect the Company's current intentions, plans, expectations, assumptions and beliefs about future events. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a res
Slide 3: Transaction Highlights
Transaction Highlights Entered into an agreement to acquire 100% of Newtec Group NV (“Newtec”) Transaction Newtec is a key technology provider with unique ultra-high throughput capabilities and strong Description presence in European satcom market Consideration of €250m (approx S$383m) on a ca
Slide 4: Acquisition Fits ST Engineering's Smart City Strategy
Newtec Acquisition Our Smart Fits ST City Offerings Engineering’s and Track Smart City Records Strategy Match Needs of Smart Cities / 04 /4
Slide 5: Satcom Industry Value Chain
Satcom Industry Value Chain GEO CONSTELLATIONS SATELLITE MANUFACTURERS MEO LEO MANAGED SERVICES SYSTEM INTEGRATORS GROUND SEGMENT Antennas, Hub & Line NMS Remotes Reference Design, PE Cards Licensing IP Defence - The Connected Military END-USERS Transport Fighting Machines 4/5G UAVs Supply, Logistic
Slide 6: Demand for Satcom Is Fast Growing
Demand for Satcom Is Fast Growing Sources: Ericsson Mobility Report, Nov 2016 On Average 10% - 15% CAGR NSR CSGS3, 2018 ITS Digest 6 |
Slide 7: Surging Capacity – Open Up New Markets And Applications
Surging Capacity – Open Up New Markets And Applications Economics 2022 – 8.9Tbps Future Number of ~ 7x HTS $ terminals Capacity $$ $$$ 2017 – 1.3Tbps Bandwidth Terminal Cost Count Source: EuroConsult Dropping $$$$ Increasing $$$$$ • >5,000 LEO satellites to be launched by SpaceX, OneWeb, Telesat, Le
Slide 8: iDirect Is The Industry Preferred Satcom Platform
iDirect Is The Industry Preferred Satcom Platform Platform of Choice for Global Satellite Operators Serving MARITIME AERO MILITARY ENTERPRISE 8 |
Slide 9: Newtec – Leading Satcom Equipment Provider
Newtec – Leading Satcom Equipment Provider Newtec is an established Belgium-based company in the satcom industry Established OEM of Designs, develops, manufactures and sells satcom equipment Satcom Equipment Provides critical satcom technologies Strong history of innovations and awards World
Slide 10: Newtec – Differentiated & Complementary IP
Newtec – Differentiated & Complementary IP Key Applications TV Broadcast & Cell Video Streaming, Social Robust & Reliable Backhaul Media Connectivity Dedicated, high On-demand, dynamic Core communications bandwidth bandwidth technology Key Technologies & IP Cross-Dimensional Multiple Single Channel
Slide 11: Newtec – Complementary Segments
Newtec – Complementary Segments Satcom Hub Maritime Aeronautical Land Enterprise Cell Backhaul Consumer Broadcast 11 |
Slide 12: Positioning For Future Growth
Positioning For Future Growth • Accelerate the deployment of satcom-enabled 5G network • Address growing needs for IoT and M2M connectivity • Provide end-to-end solutions for mobility market, including connected vehicles 12 |
Slide 13: S$200m In Value Creation
S$200m In Value Creation Revenue Synergies Costs Synergies • Enhanced Products & Solutions • Economies of Scale: • Cross Selling • R&D • New Markets & Emerging • Manufacturing & Supply Segments Chain • Position Newtec in Belgium as • Common Go-to Market Group’s European Satcom Centre 13 |
Slide 14: Acquisition of Newtec – Strong Strategic Fit
Acquisition of Newtec – Strong Strategic Fit Complementary IP & technologies, broader Expect to be earnings High growth potential portfolio & new accretive from Year 2 from strong market segments with strong synergies positions 14 |
Slide 15: Q&A
KZ p aS | ys S ee ri Q&A
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