DOCSLIB.ORG

Malaysia Telekom Malaysia

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Malaysia Telekom Malaysia PP16832/01/2013 (031128) PP16832/01/2012 (029059) Malaysia Results Review 3 December 2012 17 October 2011 Sell (from Buy) Telekom Malaysia Prefer Axiata Share price: MYR5.47 Voice slowing, Unifi hiccuping. Although 3Q12 results were within Target price: MYR5.10 (from MYR6.60) expectations, uncertainties around continued Unifi expansion in the face of Maxis’ challenge, along with expensive valuations, slowing Gregory Yap growth and non-supportive dividend yield, prompts us to downgrade TM [email protected] to a SELL. Our DCF TP is cut to MYR5.10 as we adopt a higher equity (65) 6432 1450 risk premium and beta following recent volatility. Switch to Axiata (BUY, TP: MYR6.70), which is cheaper, has faster forecasted growth, has a Wong Chew Hann [email protected] higher dividend yield and potential for capital management initiatives. (03) 2297 8686 Marginally within expectations. On the surface, 3Q12 was inline. Core net profit rose 35.5% YoY to MYR186m after stripping out a MYR283.5m gain from Axiata share sales in 3Q11. 9M12 net profit of MYR592m comprised 72% of our MYR823m full year forecast, but the bottomline was padded by a number of things, including last mile tax Stock Information incentives and foreign exchange differences that makes it a bit difficult Description: National fixed-line info-telecommunications to tell. The best we can say is it was marginally within expectations. monopoly with only nation-wide triple-play offerings. Voice fell, Unifi the culprit? Voice performance was lower by more Ticker: T MK Shares Issued (m): 3577.4 than 4% both YoY and QoQ. This could be partially explained by the Market Cap (USD m): 6438.2 festive season as it affected the consumer, SME and enterprise 3-mth Avg Daily Turnover (USD m): 19.1 businesses. However, while voice has been falling for some time now, KLCI: 1610.8 Free float (%): 46.4 this quarter’s decline appears to be more intense. TM could be a victim of its own success in fixed broadband; some cannibalisation of voice Major Shareholders: % revenue could have taken place as data speeds increased. KHAZANAH NASIONAL 28.7 EPF 14.3 Unifi starting to hiccup on Maxis challenge. While Unifi net-add of SKIM AMANAH SAHAM 10.6 43,000 was below the last few quarters’ runrate, this was largely due to Key Indicators termination of delinquent accounts. However, we would be wary at this ROE – annualised (%) 11.4 stage as Maxis is mounting a strong challenge with its cheaper home Net debt/EBITDA (x): 1.0 fibre service. This will be offset to some extent by higher wholesale NTA/shr (MYR): 1.73 revenue but we would not surprised if the slowdown continues as TM Historical Chart reaches the end of its government subsidised rollout. Downgrade to SELL, switch to Axiata. We downgrade TM to SELL. It is expensive at 24x and 23x PER for 4-5% growth, with minimal support from dividends of <4%. Chances for capital management are also minimal without non-core asset sales. Axiata trades at 18.5x and 17x earnings with FY12 growth to pick up to 10% from <6% this year, and dividend yield is superior at almost 5% before special payouts. Telekom – Summary Earnings Table Source: Maybank KE FYE Dec (MYR m) 2010A 2011A 2012F 2013F 2014F Revenue 8,791.0 9,151.0 9,972.2 10,529.1 10,864.3 EBITDA 2,924.3 3,086.7 3,217.8 3,439.3 3,497.9 Recurring Net Profit 563.7 634.8 823.3 862.6 905.2 Recurring Basic EPS (sen) 15.9 17.8 23.0 24.1 25.3 EPS growth (%) 42.6 12.1 29.5 4.8 4.9 DPS (cents) 19.6 49.6 20.7 21.7 22.8 PER 34.5 30.8 23.8 22.7 21.6 Performance: EV/EBITDA (x) 7.6 7.2 7.4 6.8 6.5 52-week High/Low MYR6.40/MYR4.04 Div Yield (%) 3.6 9.1 3.8 4.0 4.2 P/BV(x) 2.8 3.2 3.1 3.0 3.0 1-mth 3-mth 6-mth 1-yr YTD Net Gearing (%) 0.9 0.9 1.4 1.1 0.9 ROE (%) 16.4% 16.2% 15.7% 14.6% 14.9% Absolute (%) -9.0 -8.7 7.4 35.4 16.0 ROA (%) 5.9% 5.7% 5.0% 4.4% 4.5% Relative (%) -5.5 -6.7 5.4 23.8 10.3 Consensus Net Profit (MYR m) na na 809.6 886.9 983.6 SEE APPENDIX I FOR IMPORTANT DISCLOSURES AND ANALYST CERTIFICATIONS Page 1 of 2 Telekom Malaysia 17 October 2011 Figure 1: Latest Results Summary Quarterly Cumulative (RM m) 3Q12 3Q11 %YoY 2Q12 %QoQ 9M12 9M11 %YoY Revenue 2375 2322 2.3 2425 -2.0 7184 6704 7.2 EBITDA 752 813 -7.5 797 -5.8 2332 2290 1.8 EBIT 222 510 -56.4 297 -25.1 793 979 (19.0) Net Interest 16 -173 NM -112 NM -69 -208 (66.7) Pre-tax profit 239 337 -29.3 186 28.5 723 772 (6.2) Net Profit 301 302 -0.3 349 -13.5 901 593 51.9 Recurring Net Profit 186 137 35.5 223 -16.5 592 395 50.1 Basic EPS (sen) 8.4 8.4 -0.3 9.7 -13.5 25.2 8.4 198.0 Net DPS (sen) 0.0 0.0 NM 9.8 NM 9.8 9.8 0.0 Net cash/(debt) -4004 -2887 38.7 -2954 35.6 -4004 -2887 38.7 Net debt/EBITDA (x) 1.3 0.9 0.9 1.3 0.9 Revenue by Segment (RM m) Retail (excluding inter-co) 1788 1817 -1.6 1831 -2.3 5419 5215 3.9 Wholesale (excluding inter-co) 257 191 34.6 187 37.4 626 569 10.0 Global (excluding inter-co) 189 215 -12.1 212 -10.8 626 588 6.5 Others (excluding inter-co) 141 99 43.3 195 -27.5 513 332 54.8 Total Revenue (excluding inter-co) 2375 2322 2.3 2425 -2.0 7184 6704 7.2 EBIT by Segment (RM m) Retail 210 202 3.6 289 -27.4 787 705 11.6 Wholesale 41 40 1.5 22 80.8 85 110 (22.7) Global 10 67 -85.5 20 -51.0 49 92 (46.3) Others -37 201 NM -34 11.0 -129 72 NM Total EBIT 222 510 -56.4 297 -25.1 793 979 (19.0) +/- ppts +/- ppts EBIT margin by Segment (%) YoY QoQ Retail 11.7 11.1 0.6 15.8 -4.0 14.5 13.5 1.0 Wholesale 15.8 20.9 -5.1 12.0 3.8 13.6 19.4 -5.8 Global 5.1 31.1 -26.0 9.3 -4.2 7.9 15.6 -7.7 Normalised EBITDA margin (%) 31.4 34.6 -3.2 32.3 -0.9 32.5 34.2 -1.7 Source: Company Figure 2: Selected operating metrics Segmental Revenue 3Q12 3Q11 %YoY 2Q12 %QoQ 9M12 9M11 %YoY Retail 1,788 1,724 3.7 1,831 (2.3) 5419.0 5021.0 7.9 Consumer 666 629 5.9 671 (0.7) 1993.0 1820.0 9.5 SME 475 458 3.7 486 (2.3) 1424.0 1365.0 4.3 Enterprise 275 276 (0.4) 277 (0.7) 819.0 820.0 -0.1 Government 372 361 3.0 397 (6.3) 1183.0 1016.0 16.4 Wholesale 197 191 3.1 187 5.3 567.0 569.0 -0.4 Global 189 215 (12.1) 212 (10.8) 626.0 589.0 6.3 Others 201 191 5.2 195 3.1 571.0 524.0 9.0 Operational Data 3Q12 3Q11 %YoY 2Q12 %QoQ 9M12 9M11 %YoY Broadband (Streamyx) Residential ('000) 1,309 1,393 (6.0) 1,330 (1.6) 1309 1393 -6.0 Business ('000) 292 314 (7.0) 297 (1.7) 292 314 -7.0 Subscribers, period end (m) 1,601 1,707 (6.2) 1,627 (1.6) 1601 1707 -6.2 QoQ Net-adds ('000) (26) (14) (31) -106 111 Broadband (Unifi) Residential ('000) 359 140 156.7 326 10.3 359 140 156.7 Business ('000) 68 24 177.7 58 16.3 68 24 177.7 Subscribers, period end (m) 427 164 159.9 384 11.2 427 164 159.9 QoQ Net-adds ('000) 43 55 68 263 150 Source: Company 3 December 2012 Page 2 of 7 Page 1 of 2 Telekom Malaysia 17 October 2011 INCOME STATEMENT (MYR m) BALANCE SHEET (MYR m) FY Dec 2011A 2012A 2013F 2014F FY Dec 2011A 2012A 2013F 2014F Revenue 9,151.0 9,972.2 10,529.1 10,864.3 Fixed Assets 13,613.0 14,085.0 14,242.7 14,377.5 EBITDA 3,086.7 3,217.8 3,439.3 3,497.9 Other LT Assets 833.2 874.6 919.5 968.5 Depr & Amort (2,128.0) (2,042.3) (2,065.2) (2,084.7) Cash/ST Investments 4,213.0 2,060.4 2,179.5 2,201.3 Operating Profit (EBIT) 1,245.2 1,275.4 1,474.1 1,513.2 Other Current Assets 2,712.5 3,349.5 3,516.2 3,614.5 Net Interest (Exp)/Inc (243.8) (189.5) (176.0) (146.0) Total Assets 21,371.7 20,369.5 20,857.9 21,161.7 Assoc & JV (0.1) 0.0 0.0 0.0 One-offs 0.0 0.0 0.0 0.0 ST Debt 552.2 600.0 600.0 600.0 Pretax Profit 1,001.3 1,085.9 1,298.2 1,367.1 Other Current Liabilities 3,634.0 3,811.3 4,406.5 4,628.2 Tax 235.9 2.9 (324.5) (341.8) LT Debt 6,421.6 5,847.8 5,321.8 4,795.8 Minority Interest (46.1) (53.0) (61.0) (70.1) Other LT Liabilities 3,632.3 3,704.0 3,926.1 4,323.5 Net Profit 1,191.1 1,035.8 912.6 955.2 Minority Interest 162.9 215.9 276.9 347.0 Recurring Net Profit 634.8 823.3 862.6 905.2 Shareholders' Equity 6,968.8 6,190.4 6,326.7 6,467.2 Total Liabilities-Capital 21,371.8 20,369.5 20,857.9 21,161.7 Revenue Growth (%) 4.1% 9.0% 5.6% 3.2% EBITDA Growth (%) 5.6% 4.2% 6.9% 1.7% Share Capital (m) 3,577.4 3,577.4 3,577.4 3,577.4 EBIT Growth (%) (4.3%) 2.4% 15.6% 2.6% Gross Debt/(Cash) 6,973.8 6,447.8 5,921.8 5,395.8 Net Profit Growth (%) (1.3%) (13.0%) (11.9%) 4.7% Net Debt/(Cash) 2,760.8 4,387.4 3,742.3 3,194.5 Recurring Net Profit Growth (%) 12.6% 29.7% 4.8% 4.9% Working Capital 2,739.3 998.6 689.2 587.5 EPS Growth (%) 12.1% 29.5% 4.8% 4.9% Recurring EPS Growth (%) 12.1% 29.5% 4.8% 4.9% Tax Rate (%) (23.6%) (0.3%) 25.0% 25.0% CASH FLOW (MYR m) RATES & RATIOS FY Dec 2011A 2012A 2013F 2014F FY Dec 2011A 2012A 2013F 2014F Profit before taxation 1,001.3 1,085.9 1,298.2 1,367.1 EBITDA Margin % 33.7% 32.3% 32.7% 32.2% Depreciation 2,128.0 2,042.3 2,065.2 2,084.7 Op.
Load more

Recommended publications
  • Hong Leong Bank Berhad
    June 8, 2021 Global Markets Research Fixed Income Fixed Income Dail y Market Snapshot US Treasuries • US Treasuries ended slightly weaker on Monday, a departure from last Friday’s rally following weaker-than-expected jobs data for UST May. Bond movements were seen lacking catalysts with limited Tenure Closing (%) Chg (bps) price action with the new auction cycle starting on Tuesday. Overall 2-yr UST 0.16 1 5-yr UST 0.79 1 benchmark yields edged between 1-2bps with the UST 2Y yield 10-yr UST 1.57 2 closing at 0.16% whilst the much-watched 10Y bond at 1.57%. 30-yr UST 2.25 2 Nevertheless, there was little to suggest that there were major fears over Fed tapering or even additional stimulus for now. The Treasury MGS GII* auction cycle this week comprises $58b 3Y new issue on Tuesday Tenure Closing (%) Chg (bps) Closing (%) Chg (bps) followed by $38b 10Y and $24b 30Y reopenings on Wednesday 3-yr 2.24 0 2.01 0 and Thursday. Elsewhere, the flood of cash continues to 5-yr 2.52 0 2.65 0 7-yr 2.98 3 2.94 0 overwhelm US dollar funding markets despite the mere offering of 10-yr 3.24 -3 3.30 0 0% rate on the Fed facility. Meanwhile, expect attention to shift to 15-yr 3.94 6 4.02 1 the US inflation data and ECB meeting outcome on Thursday. 20-yr 4.15 2 4.27 0 MGS/GIIl 30-yr 4.28 0 4.49 -1 * Market indicative levels • Financial markets were closed Monday due to the public holiday However last Friday, local govvies were slightly pressured going MYR IRS Levels into the long weekend; breaking the recent upward trend for the IRS Closing (%) Chg (bps) past several sessions with overall benchmark yields closing 1-yr 1.95 0 between 0-6bps higher save for the 10Y MGS and 30Y GII.
    [Show full text]
  • FTSE Publications
    2 FTSE Russell Publications 28 October 2020 FTSE Malaysia USD Net Tax Index Indicative Index Weight Data as at Closing on 27 October 2020 Constituent Index weight (%) Country Constituent Index weight (%) Country Constituent Index weight (%) Country AirAsia Group Berhad 0.16 MALAYSIA Hong Leong Bank 1.83 MALAYSIA Press Metal Aluminium Holdings 2.07 MALAYSIA Alliance Bank Malaysia 0.48 MALAYSIA Hong Leong Financial 0.66 MALAYSIA Public Bank BHD 9.5 MALAYSIA AMMB Holdings 1.1 MALAYSIA IHH Healthcare 2.99 MALAYSIA QL Resources 1.31 MALAYSIA Astro Malaysia Holdings 0.22 MALAYSIA IJM 0.87 MALAYSIA RHB Bank 1.3 MALAYSIA Axiata Group Bhd 2.49 MALAYSIA IOI 2.73 MALAYSIA Sime Darby 1.65 MALAYSIA British American Tobacco (Malaysia) 0.27 MALAYSIA IOI Properties Group 0.31 MALAYSIA Sime Darby Plantation 3.39 MALAYSIA CIMB Group Holdings 4.14 MALAYSIA Kuala Lumpur Kepong 2.05 MALAYSIA Sime Darby Property 0.38 MALAYSIA Dialog Group 3.3 MALAYSIA Malayan Banking 8.28 MALAYSIA Telekom Malaysia 0.93 MALAYSIA Digi.com 2.8 MALAYSIA Malaysia Airports 0.74 MALAYSIA Tenaga Nasional 7.53 MALAYSIA FGV Holdings 0.41 MALAYSIA Maxis Bhd 2.65 MALAYSIA Top Glove Corp 8.82 MALAYSIA Fraser & Neave Holdings 0.64 MALAYSIA MISC 1.9 MALAYSIA Westports Holdings 0.8 MALAYSIA Gamuda 1.48 MALAYSIA Nestle (Malaysia) 1.69 MALAYSIA YTL Corp 0.72 MALAYSIA Genting 1.34 MALAYSIA PETRONAS Chemicals Group Bhd 3.28 MALAYSIA Genting Malaysia BHD 1.11 MALAYSIA Petronas Dagangan 1.18 MALAYSIA Hap Seng Consolidated 0.93 MALAYSIA Petronas Gas 1.79 MALAYSIA Hartalega Holdings Bhd 5.25 MALAYSIA PPB Group 2.49 MALAYSIA Source: FTSE Russell 1 of 2 28 October 2020 Data Explanation Weights Weights data is indicative, as values have been rounded up or down to two decimal points.
    [Show full text]
  • FTSE Publications
    2 FTSE Russell Publications 28 October 2020 FTSE Malaysia Indicative Index Weight Data as at Closing on 27 October 2020 Constituent Index weight (%) Country Constituent Index weight (%) Country Constituent Index weight (%) Country AirAsia Group Berhad 0.16 MALAYSIA Hong Leong Bank 1.83 MALAYSIA Press Metal Aluminium Holdings 2.07 MALAYSIA Alliance Bank Malaysia 0.48 MALAYSIA Hong Leong Financial 0.66 MALAYSIA Public Bank BHD 9.5 MALAYSIA AMMB Holdings 1.1 MALAYSIA IHH Healthcare 2.99 MALAYSIA QL Resources 1.31 MALAYSIA Astro Malaysia Holdings 0.22 MALAYSIA IJM 0.87 MALAYSIA RHB Bank 1.3 MALAYSIA Axiata Group Bhd 2.49 MALAYSIA IOI 2.73 MALAYSIA Sime Darby 1.65 MALAYSIA British American Tobacco (Malaysia) 0.27 MALAYSIA IOI Properties Group 0.31 MALAYSIA Sime Darby Plantation 3.39 MALAYSIA CIMB Group Holdings 4.14 MALAYSIA Kuala Lumpur Kepong 2.05 MALAYSIA Sime Darby Property 0.38 MALAYSIA Dialog Group 3.3 MALAYSIA Malayan Banking 8.28 MALAYSIA Telekom Malaysia 0.93 MALAYSIA Digi.com 2.8 MALAYSIA Malaysia Airports 0.74 MALAYSIA Tenaga Nasional 7.53 MALAYSIA FGV Holdings 0.41 MALAYSIA Maxis Bhd 2.65 MALAYSIA Top Glove Corp 8.82 MALAYSIA Fraser & Neave Holdings 0.64 MALAYSIA MISC 1.9 MALAYSIA Westports Holdings 0.8 MALAYSIA Gamuda 1.48 MALAYSIA Nestle (Malaysia) 1.69 MALAYSIA YTL Corp 0.72 MALAYSIA Genting 1.34 MALAYSIA PETRONAS Chemicals Group Bhd 3.28 MALAYSIA Genting Malaysia BHD 1.11 MALAYSIA Petronas Dagangan 1.18 MALAYSIA Hap Seng Consolidated 0.93 MALAYSIA Petronas Gas 1.79 MALAYSIA Hartalega Holdings Bhd 5.25 MALAYSIA PPB Group 2.49 MALAYSIA Source: FTSE Russell 1 of 2 28 October 2020 Data Explanation Weights Weights data is indicative, as values have been rounded up or down to two decimal points.
    [Show full text]
  • Digi.Com Fact Sheet
    DiGi.Com Fact Sheet Corporate Info DiGi.Com Berhad is listed on Bursa Malaysia Securities Berhad and is part of the global telecommunications provider, Telenor Group. Its mobile service operations are undertaken by its wholly-owned subsidiary, DiGi Telecommunications Sdn Bhd. DiGi commenced operations in May 1995 when it launched its fully digital GSM1800 services, the first digital mobile communications service in Malaysia. In the last five years, DiGi’s revenue has grown to RM6.7 billion from RM4.9 billion with a subscriber base of 11.0 million. DiGi focuses on making it easy, keeping it relevant and providing the best deals to ensure excellent customer experience in mobile and internet services. DiGi has now expanded its HSPA+ enabled 3G network to 83% population coverage and increased its own and jointly built fibre network to more than 4,400 kilometres nationwide, building the vital backhaul connectivity needed to support always-on, high-speed data experience. With the completion of modernized network in 2013, DiGi will continue its focus on delivering higher quality network experience, stronger internet usage and positive overall customer satisfaction. DiGi’s presence as a leader in prepaid services has spearheaded in a number of industry benchmarks for simplicity and innovation. In addition, DiGi has also revitalised its postpaid services under DiGi Postpaid and DiGi Business to deliver quality voice and mobile internet services to individuals and corporate customers. Through its corporate initiative, Deep Green, DiGi is committed
    [Show full text]
  • Hong Leong Bank Berhad
    July 28, 2020 Global Markets Research Fixed Income Fixed Income Daily Market Snapshot US Treasuries US Treasuries closed weaker in another lackluster trading session UST on Monday following tepid bidding metrics for the 5Y auction and Tenure Closing (%) Chg (bps) also supply concerns based on reports of the GOP’s intention to 2-yr UST 0.15 0 pass a COVID-19 relief legislation bill anywhere between $1-3 5-yr UST 0.29 1 trillion. Overall benchmark yields ended between 0-3bps higher 10-yr UST 0.62 3 with the UST 2Y again almost unchanged at 0.15% and the much- 30-yr UST 1.26 3 watched UST 10Y closing 3bps higher instead at 0.62%. The auction of $49b 5Y papers was awarded at a high yield of 0.288% MGS GII* on a BTC ratio of 2.32x (previous 6 auctions: 2.49x) and followed Closing closely on the heels of another earlier dissapointing 2Y note Tenure Closing (%) Chg (bps) Chg (bps) (%) auction. UST’s have been seen to be range-bound of late. Expect 3-yr 1.98 0 2.01 0 attention to shift to the $44b 7y bond auction tonight as traders may 5-yr 2.13 1 2.09 0 remain sidelined ahead of the Fed’s FOMC meeting and its 7-yr 2.32 1 2.37 0 accompanying statement scheduled for 30th July. 10-yr 2.61 1 2.61 1 15-yr 2.97 0 3.04 0 MGS/GIIl 20-yr 3.19 1 3.33 1 30-yr 3.56 -1 3.69 0 Local govvies saw profit-taking emerge following recent strength * Market indicative levels amid a solid secondary market volume of RM5.22b as overall benchmark yields ended mostly unchanged-to-higher i.e.
    [Show full text]
  • Telekom Bill
    Telekom Malaysia Berhad (128740-P) BILL Page 1 of 7 TELEKOM BILL Customer Name : AHMED JAMA AHMED Credit Limit: RM 447.00 Account No Bill Date Payment Due Date Bill No Deposit (RM) 1001971728 28 SEP 2013 28 OCT 2013 000312310733 0.00 ACCOUNT SUMMARY Previous Charge RM Current Charge RM Previous Balance 216.30 Recurring Charges 149.00 Usage Charges 6.78 Service Tax (6%) 0.41 Total Amount Outstanding 216.30 Total Current Charges 156.19 Total Amount 372.49 Rounding Amount 0.01 Total Amount to be Paid 372.50 You have outstanding due. Please settle the dues immediately to avoid any service interruption. For the current charges, kindly remit them before or on the due date stated on your bill. For payment via post, please attach this slip with crossed cheque payable to 'Telekom Malaysia Berhad' and state account no with total payment at the back of the cheque. Account No 1001971728 PAYMENT SLIP Bill No 000312310733 Bill Date 28 SEP 2013 AHMED JAMA AHMED 3-48B FLR 3 Revenue Code 751 - JLN P/P 5F Total Amount Due RM 372.50 TAMAN PUTRA PERDANA Paid Amount RM 47130 CYBERJAYA SELANGOR Bank/Cheque No R10 10 OFF BT:CP Telekom Malaysia Berhad (128740-P) ACCOUNT NO: 1001971728 DATE: 28 SEP 2013 Page 2 of 7 BILL PAYMENT Bills should be paid promptly by the stipulated date as to avoid unnecessary interruption/disconnection. Late payment will result in temporary service disconnection and a fee of RM10.00 will be charged for reconnection for each service. PAYMENT METHODS INTERNET • • myUniFi https://occ.unifi.my • MyTM https://mytm.tm.com.my Alliance Bank
    [Show full text]
  • Iskandar Puteri Core Data Centre
    ISKANDAR PUTERI CORE DATA CENTRE TM ONE is Malaysia’s leading Managed Data Strategically located between Singapore and Centre Services provider. The business Kuala Lumpur, TM ONE is positioned to solutions arm of Telekom Malaysia Berhad capture slide of regional market by offering (TM) Group of companies, TM ONE leverages high value managed services including cloud on TM’s domestic, regional and international computing, virtualisation, workspace and Point-of-Presence (POPs), and is committed collaboration services. in building a carrier neutral and green Data Centre in Iskandar Malaysia. LOCATION SPACE BREAKDOWN Nusajaya Tech Park, Iskandar Malaysia, Johor Bahru 350,000 Gross Floor Area • Located in BCA Green Mark district • 5 minutes from Malaysian Customs, 2 No. of Phases Immigration and Quarantine Complex (CIQ), Tuas Second Link 30,000 East Wing (whitespace in sq. ft.) • 15 minutes to CBD Johor Bahru • 25 minutes to Senai International Airport 60,000 West Wing (whitespace in sq. ft.) • 35 minutes to CBD Singapore • 50 minutes to Changi International Airport 1.6 Design PUE POWER CERTIFICATION • Dual 33kV power feed from 2 separate • Uptime Institute Tier III Design & Constructed upstream utility substations, providing up to • Green Building Index (GBI) Certified 20mW capacity built & Green Data Centre • Threat ,Vulnerability , Risk Assessment (TVRA) • 2N configuration to protect critical IT load • PCI-DSS • Able to support range of power density from • ISO 27001 166W/sq. ft. up. Average about 200W/sq. ft. • Continuous rated diesel generators
    [Show full text]
  • An Analysis of Redtone International Berhad
    Sys Rev Pharm 2020; 11(1):871-877 A multifaceted review journal in the field of pharmacy Malaysian Telecommunication Industry: An Analysis of Redtone International Berhad 1 Mohd Shukri Ab Yajid, 1Ali kKhatibi, 1Johar MGM 1Management and Science University *Corresponding author: [email protected] ABSTRACT Emerging tier-2 telecoms are making a big impact on the Malaysian Keywords: international Berhad, Redtone, telecommunication telecommunications industry. They are capitalising on new technologies to provide traditional services such as voice calls which are much cheaper than services being Correspondence: offered on existing technology platforms. Creative pricing and packaging are also Mohd Shukri Ab Yajid factors which favor these tier-2 telecoms. The objective of this case study is to Management and Science University examine and understand the Malaysian tier-2 Telco industry with special focus on Corresponding author: [email protected] Redtone International Berhad and its position in the market place. This case study will analyses the tier-2 telecoms industry and operating environment. It will identify the business model of Redtone International Berhad and its strategies of product development, marketing and competition with tier-1 telecoms. Focus will also be on Redtone’s value proposition and how it capitalizes on emerging technologies to its advantage. This case study also proposes implementation plans for Redtone to undertake in order to maintain its leading position in Malaysia and also to be regional and global player in the voice call industry. The purpose of this plan is also to offset the shrinking local market share with revenue streams from abroad. INTRODUCTION The issues at hand for Redtone are: The Malaysian voice call market is pioneered and i.
    [Show full text]
  • Hong Leong Bank Berhad
    July 29, 2021 Global Markets Research Fixed Income Fixed Income Dail y Market Snapshot US Treasuries • US Treasuries rose late in the session; wiping out earlier bearish UST signals to the FOMC policy statement during Fed Chair Powell’s Tenure Closing (%) Chg (bps) press conference. Support was also seen coming from month-end 2-yr UST 0.20 0 demand and extensions. The curve shifted slightly lower with 5-yr UST 0.71 0 overall benchmark yields closing between a mere 0-1bps lower. 10-yr UST 1.23 -1 The UST 2Y yield ended at 0.20% whilst the much-watched UST 30-yr UST 1.88 -1 10Y settled 1bps lower at 1.23%. The Fed which left the target range for its Fed Funds rate unchanged between 0-0.25%, said MGS GII* that it is getting closer to tapering its bond-buying program as the Tenure Closing (%) Chg (bps) Closing (%) Chg (bps) economy progresses towards its goals. It continues to view 3-yr 2.25 0 2.30 1 5-yr 2.62 1 2.61 1 inflation as transitory and also intends to make permanent the 7-yr 2.97 0 2.98 0 domestic and foreign standing repo facilities it rolled out last year. 10-yr 3.17 1 3.30 1 Expect some attention to shift to the jobless claims report as at 15-yr 3.71 0 3.90 1 th 24 July, followed by Friday’s $62b 7Y notes auction. 20-yr 3.98 3 4.16 0 30-yr 4.16 6 4.42 3 * Market indicative levels MGS/GIIl • On Wednesday, local govvies ended weaker with the curve MYR IRS Levels steepening slightly on earlier supply concerns and lack of bids IRS Closing (%) Chg (bps) towards the later part of the session.
    [Show full text]
  • Tan Sri Abdul Wahid Omar Group CEO Telekom Malaysia, 2004 – 2008
    “Having played a part in its early formation, I continued to watch Axiata growing into the region with great interest; as a banker when I was at Maybank, as a Minister when I was in Cabinet and as a shareholder when I was at PNB. Now, as the Chairman of the Board of Universiti Kebangsaan Malaysia, I continue to follow Axiata’s progress with great interest.” Tan Sri Abdul Wahid Omar Group CEO Telekom Malaysia, 2004 – 2008 Axiata will always have a special place in my heart, having played Business-wise, we expanded our mobile operations a part in its coming into being. Having completed my task of into Singapore and Indonesia, and strengthened our turning around the UEM Group, I returned to TM where I had presence in Cambodia and Sri Lanka. The acquisition of served as Group Chief Financial Officer (CFO) in 2001, in a a strategic stake in Mobile One (M1), Singapore’s third bigger capacity as Group CEO, on 1 July 2004. This was part mobile operator, in 2005, was relatively straightforward of the larger transformation of GLCs aimed at improving their as it was both earnings- and cash-accretive from day performance, governance and nation building role. one. The mandate given to me was to transform TM into a regional The acquisition of PT Excelcommindo Pratama Indonesia telecommunications company, with particular emphasis on (XL), the third mobile operator in Indonesia in 2004, mobile communications. The experience of turning around UEM however, was more complicated as it required significant Group, and having previously been CFO of TM, made me feel public relations efforts to convince the previous owner - relatively comfortable in taking on the TM CEO task.
    [Show full text]
  • A Case Study of Digi Telecommunication Sdn Bhd
    International Journal of Academic Research in Business and Social Sciences 2017, Vol. 7, No. 12 ISSN: 2222-6990 Business Intelligence Using Data Mining for Organizational Sustainability: A Case Study of Digi Telecommunication Sdn Bhd Mohd Arif Fahmi Bidin, Alwi Mohd Yunus Faculty of Information Management, University Technology of Mara, UiTM Selangor, Malaysia DOI: 10.6007/IJARBSS/v7-i12/3628 URL: http://dx.doi.org/10.6007/IJARBSS/v7-i12/3628 Abstract In today business, meeting consumer satisfaction and needs is an unquestionable requirement. The organizations need to incorporate the vast volumes of data accessible and to utilize this information to bolster the nature of their decision making, in order to remain competitive advantage (sustainability) and to expand the profit. This paper displays a log information explanatory process in telecommunication industry, for business intelligence intrigued by breaking down client and behavioural data to enhance their comprehension of client dependability and client’s satisfaction. The data mining procedure to accomplish key client management goals is introduced. This paper gives a demonstrated information explanatory strategy used to recognize variety kinds of attributes in telecommunication industry, specifically in Digi Telecommunication Sdn. Bhd, Malaysia. Keywords: Business Intelligence, Data Mining, Telecommunication Industry. Introduction The organizations are becoming more and more cognizant about the importance and advantages of data and information kept in their organization. In order to stay competitive and remains sustain in business world, telecommunications company has to capture the right information at the right time and utilize that information to create profit and achieving customer satisfaction. In the 21st century, associations are developing into new structures in view of knowledge and networks in light of a turbulent and obscure condition characterized by indistinct organizational boundaries and fast- paced change (Seufert and Schiefer, 2005; Drucker, 1993; Kelly, 1998; Grove, 1999).
    [Show full text]
  • Chairman Profile
    Chairman Profile Licensed Serviced Provider Best Advice: "Challenges make life interesting, overcoming them make life meaningful” Achievements: Datuk Dr. Syed Muhamad has had an extensive and Datuk Dr. Syed Muhamad bin distinguished career covering both, the public and private Syed Abdul Kadir sectors in the Asian and Middle Eastern markets. Chairman of Future CEO Group: His academic qualifications include a Doctorate in Business 01 Management from Virginia Polytechnic Institute and State University, USA, Masters of Business Administration from the Chairman Since: University of Massachusetts and, Bachelor of Arts (Hons) from 2016 University Malaya. Academic Credentials: PhD (Business Management) As an avid learner, he also has a Masters of Law (Corporate Law) Virginia Polytechnic Institute and State University, USA from Universiti Teknologi MARA (UiTM), and became a Fellow Masters of Business Administration of the Chartered Institute of Arbitrators, U.K. He is officially an University of Massachusetts advocate & solicitor to the High Court of Malaya. Bachelor of Arts (Hons) University of Malaya Masters of Law (Corporate Law) Datuk Dr Syed’s experience in the public sector stretches from Universiti Teknologi MARA INTAN (National Institute of Public Administration) with his last position as the Deputy Director (Academic) and, with the Commercial Background: Malaysian Administrative and Diplomatic Service. He was also Executive Director, Asian Development Bank the Secretary of Higher Education in the Ministry of Education Directorships including and as Deputy Secretary General (Operations) with the Federal CIMB Islamic Bank Berhad, Pos Malaysia Treasury under the Ministry of Finance. His final post in the Berhad, Telekom Malaysia Berhad, Malayan Railway and University of Malaya public sector was as Secretary General with the Ministry of Human Resources.
    [Show full text]