YINDA INFOCOMM LIMITED
20 Collyer Quay #09-02, Singapore 049319
Tel: +65 6907 1971 Website: WWW.YINDA.COM.SG
ENVISIONING CHANGE
ANNUAL REPORT 2021
OUR VISION
Tobealeadingdigitalidentitymanagementsolutionsprovider while delivering best in class competence in biometric technology and to continue to lead in infocommunication services
OUR MISSION
To lead, deliver quality services and create innovative solutions that enhance the quality of our customers' experience and ensure seamless connectivity in the region.
This annual report has been reviewed by the Company's sponsor, SAC Capital Private Limited ("Sponsor"). This annual report has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this annual report, including the correctness of any of the statements or opinions made or reports contained in this annual report.
The contact person for the Sponsor is Mr Ong Hwee Li (Tel: 6232 3210) at 1 Robinson Road #21-00 AIA Tower, Singapore 048542.
TABLE OF
CONTENTS
02 | Corporate Profile | 15 | Corporate Governance Report |
03 | Letter To Shareholders | 48 | Disclosure Of Information On |
06 | Regional Presence | Directors Seeking Re-election | |
07 | Financial Highlights | 58 | Directors' Statement |
08 | Financial Review | 61 | Independent Auditor's Report |
10 | Corporate Structure | 66 | Audited Financial Statements |
11 | Board Of Directors and | 139 | Statistics Of Shareholdings |
Key Management | 141 | Notice Of Annual General Meeting |
Proxy Form
ANNUAL REPORT 2021 / YINDA INFOCOMM LIMITED | 1 |
CORPORATE
PROFILE
Yinda Infocomm Limited (the "Company" and together with its subsidiaries, the "Group") is a regional integrated solutions and services provider in digital identity management technology and telecommunications.
In January 2021, the Group embarked on a business transformation exercise, having identified growth opportunities in the digital identity management space. By early April 2021, the Group completed the acquisition of a 51% controlling stake in International Biometrics Pte. Ltd. ("InterBIO") and an investment in TECH5 SA ("TECH5"), marking the Group's official entry and diversification into the field of developing and providing digital identity management and biometric solutions.
Leveraging on its strong execution experience and the robust technology platforms from strategic technology partners, the Group's Digital Identity and Biometrics business unit currently serves mainly ministries and government agencies, such as Indonesia's national identity database of approximately 200 million enrolled citizens.
The Group's platforms are based on core, multimodal technologies, such as face, finger and iris biometrics, which are listed in the top tier of the National Institute of Standards and Technology ("NIST") benchmarks. The Group is looking to expand its coverage to medical insurance, healthcare, banking electronic payments, transport, and telecommunications-related applications in the commercial sector.
The Group's Telecommunications business unit provides innovative solutions, consistent and reliable services in the implementation of indoor and outdoor mobile network infrastructures, installation and commissioning radio base transceiver stations, and planning, optimisation and maintenance of networks.
The Company was listed in August 2015 on the Catalist Board of the SGX-ST.
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Yinda Infocomm Ltd. published this content on 15 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2021 14:21:02 UTC.