Slide 1: 21st Annual General Meeting
21°" ANNUAL GENERAL MEETING T=
Slide 2: Financial Year Ended 31 December 2017 at a Glance
FINANCIAL YEAR ENDED 31 DECEMBER 2017 (“FY2017”) AT A GLANCE
Slide 3: FY2017 at a Glance
FY2017 AT A GLANCE Expansion to East Malaysia Strong segment growth Connectivity to East Malaysia was completed Retail and Enterprise continued to dominate via our investment in Sistem Kabel Rakyat 1 with 85% and 8% growth respectively. Malaysia (“SKR1M”) in Q3 2017. Extended global network footprin
Slide 4: Business Review
BUSINESS REVIEW
Slide 5: Malaysian Business
MALAYSIAN BUSINESS Outstanding Retail contribution Revenue growth of 85% year-on-year (“YoY”) backed by encouraging demand. Enterprise growth Continued to grow at a rate of 8% in FY2017 due to steady and continuous customer acquisition efforts. Extended domestic reach 51% increase in premise passes.
Slide 6: Global Networks
GLOBAL NETWORKS 1 AAE-1 – completed end-2017 2 APG 3 FASTER 4 UNITY 5 SKR1M 6
Slide 7: Data Centres
DATA CENTRES 1 18% YoY revenue growth supported by core revenues, which grew 21% YoY. 2 Added an additional floor of data centre space in Menara AIMS in Kuala Lumpur. Total net lettable data centre space available as at 31 December 2017 is as follows: Location Data Centre (Net Lettable Area Sq. Ft.)
Slide 8: ASEAN Expansion
ASEAN EXPANSION THAILAND INVESTMENTS IN ASEAN 7 March 17 – announced a proposal to acquire Our investments in ASEAN generated a combined 37% of the issued and paid-up ordinary shares in share of profit of RM4.9 million for the financial year SYMC ended 31 December 2017. 22 September 17 – completed o
Slide 9: Financial Review
FINANCIAL REVIEW
Slide 10: Performance Indicators
PERFORMANCE INDICATORS FY2017 FY2016 REVENUE RM 860.7 MILLION 12% RM 766.9 MILLION ADJUSTED EBITDA* RM 318.6 MILLION 14% RM 279.6 MILLION ADJUSTED PBT* RM 214.5 MILLION 10% RM 194.6 MILLION * Adjusted EBITDA and Adjusted PBT exclude dividend income, forex impact, realisation of fair value gain from
Slide 11: Revenue: Overall
REVENUE: OVERALL Solid revenue from core operations. YTD +12% 234.0 218.4 860.7 205.3 203.0 18.1 25.0 766.9 49.5 6.4 50.1 203.0 215.9 CR 811.2 193.4 198.9 716.8 +13% Q1-17 Q2-17 Q3-17 Q4-17 YTDFY2016 DEC 2016 YTDFY2017 DEC 2017 Data, Data Centre, Voice and Others One-off Global Bandwidth and non-rec
Slide 12: Revenue: By Product
REVENUE: BY PRODUCT Data sales remained the key driver, making up 77% of Group revenue in FY2017. DATA DATA CENTRE VOICE YoY +15%, CR +16% YoY +18%, CR +21% YoY -9% 666.0 94.7 112.2 581.5 48.2 1.3 3.3 46.8 617.8 110.9 85.5 534.7 91.4 77.6 YTD DEC 2016 FY2016 YTDFY2017 DEC 2017 YTD DEC 2016 FY2016 YT
Slide 13: Revenue: By Customer Group
REVENUE: BY CUSTOMER GROUP Encouraging growth continued to be seen from Enterprise and Retail customer groups. WHOLESALE ENTERPRISE RETAIL YoY -1%, CR -2% YoY +8% YoY +85% YTD DEC 2016 FY2016 YTDFY2017 DEC 2017 YTD DEC 2016 FY2016 YTDFY2017 DEC 2017 YTDFY2016 DEC 2016 YTDFY2017 DEC 2017 Wholesale On
Slide 14: Capital Expenditure
CAPITAL EXPENDITURE 363.0 Breakdown of Telco Assets Acquired 40.5 FY2016 FY2017 7.5 182.5 51.2 24.0 125.6 34% 315.0 5.9 40% 189.4 101.4 152.6 60% 66% FY2016 FY2017 Telco Assets Non-Telco Assets Data Centre Submarine Cable Other Telco Assets • 84% of total FY2017 capital expenditure was spent on telc
Slide 15: Outlook
BG OUTLOOK
Slide 16: FY2018 and Beyond
FY2018 AND BEYOND Continue to leverage on existing assets to gain market share by delivering fast and unparalleled quality network 1 experience specifically tailored to the requirements of our customers. Expand the Group’s coverage footprint throughout Malaysia and strengthen the backbone of our cor
Slide 17: MSWG Q&A: Strategic & Financial Matters
MSWG Q&A STRATEGIC & FINANCIAL MATTERS
Slide 18: Question 1
QUESTION 1 The Group has acquired a 46.84% equity stake in Symphony Communication Public Company Limited (“SYMC”) in FY2017. SYMC owns a terrestrial fibre network across Thailand with cross border capabilities to connect Malaysia, Myanmar, Cambodia and Laos. Please enlighten the shareholders on how
Slide 19: Question 2
QUESTION 2 As reported in the Management Discussion & Analysis on page 8 of the Annual Report, the Group plans to increase its net lettable data centre space at its facilities in Menara AIMS and Cyberjaya in FY2018. What will be the additional net lettable data centre space and when will this space
Slide 20: Question 3
QUESTION 3 The completion of the Asia-Africa-Europe-1 (AAE-1) submarine cable system at the end of FY2017 now complements the Group’s existing international submarine cable footprint – UNITY, FASTER and Asia Pacific Gateway (APG). What is the expected revenue contribution from AAE-1 to the Group in
Slide 21: Question 4
QUESTION 4 The Group incurred a net loss on foreign exchange amounting to RM21.12 million in FY2017. Is there any hedging mechanism being put in place to mitigate future losses? Exposure to foreign currency risk is monitored on an ongoing basis and where considered necessary, TIME Group may consider
Slide 22: MSWG Q&A: Corporate Governance Matters
MSWG Q&A CORPORATE GOVERNANCE MATTERS
Slide 23: Question 1
QUESTION 1 The Company is seeking shareholder’s approval for the payment of Directors benefits which include meeting attendance allowance, medical and hospitalisation coverage and other claimable benefits incurred from 1 June 2018 until the Company’s next Annual General Meeting. Please provide the t
Slide 24: Question 1 (continued)
QUESTION 1 (continued) The expected Directors’ Benefits to be paid to the Non-Executive Directors from 1 June 2018 until the Company’s next Annual General Meeting (“AGM”) are as follows (continued):- (ii) Medical and hospitalisation coverage (per director) As and when incurred:- • Outpatient : RM4,0
Slide 25: Question 2
QUESTION 2 The Company did not disclose the top five senior management’s remuneration component in bands of RM50,000 under Practice 7.2 of MCCG and there is no explanation of a suitable alternative practice to meet the Intended Outcome. Under Paragraph 3.2A (b), Practice Note 9 of the Main Market Li
Slide 26: Question 3
QUESTION 3 The Company in its Corporate Governance Report stated that it has applied Practice 11.2 of MCCG which relates to Integrated Reporting (IR”). In the explanation column on the application of the practice, the Company stated that it has incorporated elements of integrated reporting in 2017 A
Slide 27: 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 28: Thank You
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