Telekom Malaysia Bhd. · MYX:TM
Telekom Malaysia Bhd — Shareholder Meeting (May 2012)
13 slides from Telekom Malaysia Bhd's shareholder meeting presentation, May 8, 2012
Slide 1: Responses to Questions from Minority Shareholder Watchdog Group (MSWG)
RESPONSES TO QUESTIONS FROM MINORITY SHAREHOLDER WATCHDOG GROUP (MSWG) 27th Annual General Meeting 8 May 2012
Slide 2: Operations and Financial Performance: Cost Impact
OPERATIONS AND FINANCIAL PERFORMANCE Background For the year under review, the Group revenue increased by 4.1% to RM9.15 billion attributed to healthy growth in Internet and Multimedia, which rose by 21.1% to RM2.0 billion, driven by the increased number of broadband customers, primarily Unifi custo
Slide 3: Receivables Gross Up Adjustment
OPERATIONS AND FINANCIAL PERFORMANCE Question 1(b) What was the nature of the receivables gross up adjustment amounting to RM221.0 million (2010: nil), which was included in the accumulated impairment of trade receivables of RM1.38 billion (2010: RM1.14 billion) (See Note 33(a))? •A review and chang
Slide 4: Impairment of Trade Receivables and Bad Debts
OPERATIONS AND FINANCIAL PERFORMANCE Question 1(c) With increased revenue, the Group recorded a higher impairment of trade receivables of RM62.8 million (2010: RM40.7 million). What steps are taken to reduce the bad debts given that the individually assessed amount which was passed due more than six
Slide 5: Impairment of Investment in TM Net
OPERATIONS AND FINANCIAL PERFORMANCE Question 1(d) Kindly elaborate on the nature of the impairment of an investment in a wholly- owned subsidiary amounting to RM76.0 million (2010: RM1.7 million) (See Note 27)? •In respect of TM Net Sdn Bhd (“TM Net”) that have reported losses Answer : for two cons
Slide 6: UniFi Subscriber Target
OPERATIONS AND FINANCIAL PERFORMANCE Background HSBB’s UniFi subscribers increased significantly to 236,501 at the end of 2011 as compared to 33,036 at the end of 2010. Together with Streamyx, its broadband subscriber base grew by 12.3%, from 1.71 million to 1.92 million at the end of 2011. The Grou
Slide 7: Customer Mix of UniFi Subscribers
OPERATIONS AND FINANCIAL PERFORMANCE Question 2(b) Out of the total 236,501 subscribers, 85.3% was consumer subscriptions while the balance was business subscriptions. What is the targeted and ideal percentage of customer mix in the short to longer term given the different margin (See page 160)? •We
Slide 8: HSBB Rollout to East Coast and East Malaysia
OPERATIONS AND FINANCIAL PERFORMANCE Question 2(c) As noted, TM will be taking the HSBB service to the East Coast and East Malaysia. What is the targeted date of launching in both markets as well as its target reach? (See page 171)? •In 2012, HSBB to be rolled out to approximately 5,000 premises Ans
Slide 9: Islamic Commercial Papers and Medium Term Notes
OPERATIONS AND FINANCIAL PERFORMANCE Background It is noted that three (3) Islamic Commercial Papers (ICPs) valued at RM150.0 million each at a rate ranging between 3.12% to 3.15% per annum (p.a.) were issued and fully repaid by the Company within a couple of months in 2011. In the same year, three
Slide 10: Borrowings and Proposed Capital Repayment
OPERATIONS AND FINANCIAL PERFORMANCE Question 4 It is noted that the Group’s Sukuk Ijarah Class A of nominal value of RM2.0 billion would mature on 30 December 2013, and a USD456.1 million (RM1.47 billion). 5.25% Guaranteed Notes would be due in 2014. What is the Board’s immediate plan on the borrow
Slide 11: Corporate Governance: Board Effectiveness Evaluation
CORPORATE GOVERNANCE Question 5 It is noted that in 2011 the Board had decided to conduct the Board Effectiveness Evaluation (BEE) in-house by the Company Secretary (CS) after seven years, since 2004, when it was conducted by external consultant. The Board was of the view that the CS has calibre and
Slide 12: Corporate Governance: Board Composition and Gender Diversity
CORPORATE GOVERNANCE Question 6 As disclosed in the Annual Report, the appointment of a new Board member will not be guided solely by gender but rather the skills-set, experience and knowledge of the candidate. In addition , the Board had also reach its maximum size of 12 members as provided under i
Slide 13: Thank You
THANK YOU •Investor Relations• Level 11 (South Wing)• Menara TM •Jln Pantai Bharu •50672 Kuala Lumpur, Malaysia • Tel (603) 2240 4848/ 7366 / 7388