This presentation and the discussion following may contain forward looking statements by TIME dotCom Berhad ("Time") related to financial, market or industry trends for a future period.
These forward-looking statements involve known and unknown risks and uncertainties which may cause the actual performance, results and outcomes to be different than that expressed in this presentation.
The statements are made based on facts and information available to Time at the date of the presentation and merely represent an expression of Time management's views, targets and occurrences of future events. They do not in anyway represent a forecast, projection, estimate or guarantee of Time's future performance and neither have they been independently verified.
Accordingly, no representation or warranty, express or implied is made to, and no reliance should be placed on the fairness, accuracy and completeness of such information. Time and its subsidiaries, representatives and officers shall have no liability whatsoever for any loss, damage, costs and expenses arising out of or in connection with this presentation.
Time FY2022: At a Glance
FY2022 Performance Guide
Strong Demand Underpins Time's Solid Performance
Sustained Growth
•
Strong revenue growth across core data and data centre products
•
Growth driven by strong momentum of the Retail segment,
followed by Wholesale and Enterprise segments
Solid Fundamentals and
• Higher shareholder return on the back of healthy profitability and
Shareholder Returns
solid fundamentals
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FY2022 Dividends
FY2022 Performance Guide
With the Group's solid profitability, healthy cash balance, and balance sheet optimisation programme, the Board is pleased to declare the following dividends for FY2022:
An Ordinary Interim tax exempt (single-tier) dividend of 12.33 sen per ordinary share
A Special Interim tax exempt (single-tier) dividend of 2.36 sen per ordinary share
The combined payout of the Ordinary and Special Interim Dividends amounts to RM270.1 million
Together with the special dividend paid on 27 September 2022, total dividend payout for FY2022 is 31.03 sen per ordinary share or RM570.2 million
Announcement Date:
Entitlement Date:
Payment Date:
28 Feb 2023
15 Mar 2023
24 Mar 2023
Note: The above mentioned special dividends declared is not the proposed special dividend from the proceeds of the AIMS divestment
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Business Update: Strategic Partnership for AIMS Regional Expansion
FY2022 Performance Guide
On 22 November 2022, Time announced a strategic partnership with DigitalBridge to boost the regional expansion of its AIMS data centre business
Time obtained shareholders' approval on 15 February 2023. On track to achieve completion by early May 2023
Summary of Partnership Terms
Key terms
Summary
Partnership Structure
DigitalBridge acquires stakes in AIMS HoldCo (Malaysia and Singapore) and AIMS Thailand
Valuation
RM3.2 billion (100% enterprise value)
Proceeds to Time
Approx. RM2.0 billionN1
Use of Proceeds
(1) Special dividend of approximately RM1.0 billion; and
(2) Remainder to be re-invested into Time group for further shareholder value creation
Note: 1) Subject to customary net debt, working capital and other closing adjustments
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Disclaimer
TIME dotCom Bhd published this content on 28 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 February 2023 09:44:01 UTC.
TIME dotCom Berhad is a Malaysia-based company. The Company is a telecommunications provider specializing in domestic and international connectivity, data center, cloud, and managed services solutions catered to the retail, enterprise, and wholesale markets. Its focus area and telecommunication solutions include telecom segment, network/asset, customer segment, and services. It offers a diverse range of telecommunications, data centers, and cloud computing solutions. The Company is engaged in provision of voice, data, video and image communication services through its domestic and international network; investment holding; the business of telecommunication services and trading bandwidth capacity; provision of management services; wholesale of telecommunication equipment and related services; provision of telecommunication services, co-location and other related services, and provision of communications, telecommunications and data center related services.
TIME DOTCOM 
