General Capital Ltd. · NZX:GEN
General Capital — Mykris — Shareholder Meeting (September 2015)
16 slides from General Capital's shareholder meeting presentation, Sep 29, 2015
Slide 1: Welcome to Mykris Limited's 4th Annual Meeting
Welcome to Mykris Limited’s 4th Annual Meeting Tuesday, 29th September 2015
Slide 2: Chairman of the Meeting
Chairman of the Meeting Mr. Brent D. King
Slide 3: Agenda
Agenda Chairman of the Meeting; Introduction and Opening Executive Chairman Presentation Resolution Resolution 1: Annual Report Resolution 2: Auditor Resolution 3: Re-election of Director Resolution 4: Re-election of Director Resolution 5: Sale of Subsidiaries Resolution 6: Acquisi
Slide 4: Board of Directors
Board of Directors Brent D. King Lyn Lim Huei Min Siow Hock Lee Chew Choo Soon Chang Wai Hoong Independent Independent Audit Committee Chairman Executive Chairman Executive Director Non-Executive Non-Executive Independent Non-Executive Director Director Director
Slide 5: Executive Chairman Presentation
Executive Chairman Presentation Mr. Chew Choo Soon
Slide 6: Financial Performance
Financial Performance ¤ Total Revenue $8,349,158 ¤ NPAT $ 149,580 ¤ Revenue 89.97% ($7,512,081) from Managed Internet Services 2.65% ($221,659) from Project Sales vs 8.21% ($601,028) in 2014 6.91% ($576,745) from IT-based Products and Services 0.47% ($38,673) from Royalties Fees ¤ Significan
Slide 7: Financial Performance
Financial Performance ¤ The Statement of Financial Position shows debt of $140,884 ¤ Significant Investment of $1,364,741 for Malaysia new offices
Slide 8: Operation Review
Operation Review ¤ Competitive unique selling proposition with hybrid infrastructure Wired (Fibre) and Wireless ¤ Fierce competition from incumbent telco for low end market (<$15,000/annum) with bandwidth up to 30M for home & 100M for company ¤ Industry focus marketing approach for Financial Service
Slide 9: For more information, please visit us at: www.mykris.net
For more information, please visit us at: www.mykris.net
Slide 10: Resolution 1: Annual Report
Resolution Resolution 1: Annual Report To receive and consider the Annual Report, including the audit report and financial statements, for the year ended 31 March 2015. “That the Annual Report be received.”
Slide 11: Resolution 2: Auditors
Resolution Resolution 2: Auditors To record that the Company’s Auditors, Crowe Horwath New Zealand Audit Partnership, are automatically reappointed as auditors pursuant to section 207T of the Companies Act 1993 and to consider, and if thought fit, to pass the following ordinary resolution : “That th
Slide 12: Resolution 3: Re-election of Director
Resolution Resolution 3: Re-election of Director To consider and, if thought fit, to pass the following ordinary resolution: “That Brent Douglas King, who retires by rotation and is eligible for re-election, be elected as a director of the Company.”
Slide 13: Resolution 4: Re-election of Director
Resolution Resolution 4: Re-election of Director To consider and, if thought fit, to pass the following ordinary resolution: “That Chang Wai Hoong, who retires by rotation and is eligible for re-election, be elected as a director of the Company.”
Slide 14: Resolution 5: Sale of Subsidiaries
Resolution Resolution 5: Sale of Subsidiaries To consider and, if thought fit, to pass the following special resolution: “That, subject to Resolution 6 being passed, the shareholders approve the sale of all the Company’s shares in MyKRIS Net (MSC) Sdn. Bhd. and MyKRIS Asia Sdn. Bhd. (Sale of the Sub
Slide 15: Resolution 6: Transfer back to the Company of up to 80% of its own shares
Resolution Resolution 6: Transfer back to the Company of up to 80% of its own shares from MIB and other selected shareholders To consider and, if thought fit, to pass the following special resolution: “That, subject to Resolution 5 being passed, the shareholders approve the transfer back to the Comp
Slide 16: Thank you for attending Mykris Limited's 4th Annual Meeting
Thank you for attending Mykris Limited’s 4th Annual Meeting Tea and Coffee will now be served