Awanbiru Technology Bhd. · MYX:AWANTEC
Awanbiru Technology Bhd — Prestariang Berhad — Shareholder Meeting (November 2019)
37 slides from Awanbiru Technology Bhd's shareholder meeting presentation, Nov 27, 2019
Slide 1: Prestariang Berhad Annual General Meeting
PRESTARIANG BERHAD Annual General Meeting 27 November 2019 STAYING AGILE Technology & Talent | Driving The Digital Economy
Slide 2: Disclaimer
DISCLAIMER The content of this presentation is for private consumption and meant for targeted audience only. This presentation includes materials which may be capable of being interpreted as forward-looking statements. Such statements are merely predictions, based on circumstances and reasonable ass
Slide 3: Contents
CONTENTS 01. INTRO & REPORT CARD 02. KEY ISSUES 03. SKIN UPDATES 04. PERFORMANCE OVERVIEW 03. BUSINESS OUTLOOK 04. SUMMARY STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Confidential We Train and Certify Professionals 3 TM
Slide 4: Intro & Report Card
INTRO & REPORT CARD Most Challenging Year since Inception in 2003 ‘FAMINE STAGE’ 4STAYING AGILE Copyright © 2019 Prestariang | Private & Confidential We Train and Certify ProfessionalsTM Technology & Talent | Driving The Digital Economy
Slide 5: Our Focus
OUR FOCUS 4 FOCUS STRATEGIES 1. Focus on things that we can control 1. Re-Boot and Move On 1. Focus on right-sizing and streamlining our operation to remain agile, prudent and adaptive 2. To work closely with our clients and in partnership with our business partner to grow the Business STAYING AGILE
Slide 6: Key Issues
KEY ISSUES ADDRESSING MATERIAL UNCERTAINTY RELATED TO GOING CONCERN ITEMS/EVENTS 1. Termination of SKIN 2. Negative Operating Cash Flow 3. Loss After Taxation 4. Accepted Advances from director & former director STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestar
Slide 7: 1. Termination of SKIN
ADDRESSING MATERIAL UNCERTAINTY RELATED TO GOING CONCERN 1. TERMINATION OF SKIN • PSKIN DID NOT Default !!! • Concurrent steps; Mediation and Originating Summon • Court dismissed GOM’s application to convert PSKIN’s Originating Summons to a Writ action on 30 Oct 2019 STAYING AGILE Technology & Talen
Slide 8: 2. Negative Operating Cash Flow & Loss After Tax
ADDRESSING MATERIAL UNCERTAINTY RELATED TO GOING CONCERN 2. NEGATIVE OPERATING CASH FLOW & LOSS AFTER TAX • Reinstatement of SKIN’s revenue & earning in compliance with MFRS 15, resulted to increase in Receivables. • Taking out SKIN’s Receivable will result to positive operating cash flow (OCF). STA
Slide 9: Options we are exploring to stabilise cash flow
ADDRESSING MATERIAL UNCERTAINTY RELATED TO GOING CONCERN Options we are exploring and working on to stabalise our cash flow • Corporate • Fund Raising Exercise • Rightsizing the Talent & Technology Division including exploring New Partner/Shareholders for UNIMY • Monetization of Assets (Office Build
Slide 10: Options we are exploring to stabilise cash flow
ADDRESSING MATERIAL UNCERTAINTY RELATED TO GOING CONCERN Options we are exploring and working on to stabalise our cash flow • Corporate • Fund Raising Exercise • Rightsizing the Talent & Technology Division including exploring New Partner/Shareholders for UNIMY • Monetization of Assets (Office Build
Slide 11: SKIN Updates
PRESTARIANG SKIN UPDATES
Slide 12: Estimated Timeline
ESTIMATED TIMELINE PSKIN is under MEDIATION PROCESS with GOM Judge dismissed GOM application to convert to Writ action 1st Mediation 2nd Mediation Effective Session Session Tentative Termination Termination Filed Hearing Date for Letter Date Originating Originating SKIN Summons Summons Commencement
Slide 13: Performance Overview
PRESTARIANG PERFORMANCE OVERVIEW
Slide 14: Financial Highlights FYA19 (18 Months)
FINANCIAL HIGHLIGHTS FYA 19 (18 MONTHS) (RM Million) FYA19 (18 MONTHS) VS FYA17 (12 MONTHS RESTATED) STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Confidential We Train and Certify Professionals 14 TM
Slide 15: Contribution to Revenue by Division
CONTRIBUTION TO REVENUE BY DIVISION FYA 19 (18 MONTHS) (RM Million) 2019 (18M) 2017(restated) STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Confidential We Train and Certify Professionals 15 TM
Slide 16: Group's Performance Since Listing 2012 to 2019
GROUP’S PERFORMANCE SINCE LISTING-2012 TO 2019(18 MONTHS)(RM Million) Revenue Profit/(Loss) Before Tax RM 367.3 RM 18.0 Profit/(Loss) after Tax Dividend Payout (RM 9.0) RM 3.4 16STAYING AGILE Copyright © 2019 Prestariang | Private & Confidential We Train and Certify ProfessionalsTM Technology & Tale
Slide 17: Shareholding Structure
SHAREHOLDING STRUCTURE (Approximately 6,000 shareholders) Substantial shareholders: BY BENEFICIARY • ARECA Capital TOP 10 LOCAL INSTITUTIONS EX- • Affin Hwang SUBSTANTIAL • KWAP HOLDERS , 10.52% SUBSTANTIAL SHAREHOLDERS, 30.39% OTHER INSTITUTIONS & RETAILERS , 58.18% TOP FOREIGN INSTITUTIONS, 0.91%
Slide 18: Business Outlook
PRESTARIANG BUSINESS OUTLOOK
Slide 19: Prestariang Core Business Structure
PRESTARIANG CORE BUSINESS STRUCTURE Talent Platform Technology Platform (Align to IR 4.0) Synergistic • Talent Services Solutions: • Software services • Talent acquisition distribution and • Profiling management • Training and • MLA certification • MUSE (including TVET) • Adobe • Placement • Autodes
Slide 20: Software Services Remains as Key Revenue Driver
SOFTWARE SERVICES REMAINS AS KEY REVENUE DRIVER Contract Value: RM222.6 mil Extension for 3 years (Feb 2018- Jan 2021) Potential upside for wider customer base for MLA 3 Contract Value: RM22 mil Folded in MLA 3.0 with effect from July 2019 Contract Value: RM13.3 mil 3 years (Nov 2017 – Oct 2020) Exp
Slide 21: Providing End-to-End Talent Services Solutions
PROVIDING END-TO-END TALENT SERVICES SOLUTIONS Target to deliver RM10 mil contract p.a. Competency Enhancement Programme under MLA End-to-end talent services solutions including talent acquisition, profiling, training and placement 1st in Pengerang for Accredited TVET Training Center • Sijil Kemahir
Slide 22: Summary
PRESTARIANG SUMMARY
Slide 23: Summary
SUMMARY 1. Will be cash flow positive after operational rationalization, monetisation of assets and Fund Raising Exercise 2. To Recoup advances made to SKIN’s pending Compensation 3. Turnaround Strategy in Placed - Re-Boot & move-on to a new Chapter STAYING AGILE Technology & Talent | Driving The Di
Slide 24: Summary
SUMMARY 1. Will be cash flow positive after operational rationalization, monetisation of assets and Fund Raising Exercise 2. To Recoup advances made to SKIN’s pending Compensation 3. Turnaround Strategy in Placed - Re-Boot & move-on to a new Chapter. 4. Current business remains viable and sustainabl
Slide 25: Conclusion
CONCLUSION WE WILL WORK HARDER TO GROW THE BUSINESS & DELIVER UPSIDE VALUE TO OUR SHAREHOLDRS STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Confidential We Train and Certify Professionals 25 TM
Slide 26: Thank You
PRESTARIANG =) O > 4 =z <= < =.
Slide 27: Prestariang Berhad Annual General Meeting
PRESTARIANG BERHAD Annual General Meeting 27 November 2019 STAYING AGILE Technology & Talent | Driving The Digital Economy
Slide 28: E-polling TouchScreen System
BoardRoom Share Registrars Sdn. Bhd. E-polling TouchScreen System STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Confidential We Train and Certify ProfessionalsTM
Slide 29: Barcoded Wristbands
Barcoded Wristbands The barcoded wristbands distributed during registration STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Confidential We Train and Certify ProfessionalsTM
Slide 30: e-Polling Main Screen
e-Polling Main Screen INSTRUCTION TO SCAN YOUR BARCODED WRISTBAND STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Confidential We Train and Certify ProfessionalsTM
Slide 31: e-Polling – Touchscreen Instructions No.1
e-Polling – Touchscreen Instructions No.1 SCAN YOUR BARCODED WRISTBAND TO THE BARCODE READER STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Confidential We Train and Certify ProfessionalsTM
Slide 32: e-Polling – Touchscreen Instructions No.2
e-Polling – Touchscreen Instructions No.2 PROXYHOLDERS WITH VOTES INDICATED – TO PRESS THE “VOTE” BUTTON STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Confidential We Train and Certify ProfessionalsTM
Slide 33: e-Polling – Touchscreen Instructions No.3
e-Polling – Touchscreen Instructions No.3 “CONFIRM” YOUR VOTE STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Confidential We Train and Certify ProfessionalsTM
Slide 34: e-Polling – Touchscreen Instructions No.4
e-Polling – Touchscreen Instructions No.4 SHAREHOLDERS OR PROXYHOLDERS WITH NO VOTES INDICATED - VOTE “FOR”, “AGAINST” OR “ABSTAIN” ON THE RESOLUTION SHOWN ON SCREEN, THEN PRESS “VOTE” BUTTON STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Con
Slide 35: e-Polling – Touchscreen Instructions No.5
e-Polling – Touchscreen Instructions No.5 “CONFIRM” YOUR VOTE STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Confidential We Train and Certify ProfessionalsTM
Slide 36: Thank You
THANK YOU STAYING AGILE Technology & Talent | Driving The Digital Economy Copyright © 2019 Prestariang | Private & Confidential We Train and Certify ProfessionalsTM
Slide 37: Prestariang Berhad Annual General Meeting
PRESTARIANG BERHAD Annual General Meeting 27 November 2019 STAYING AGILE Technology & Talent | Driving The Digital Economy
Prestariang Berhad — Shareholder Meeting (November 2019) on 6ix