Installing an automatic fare collection system for fifty three Keretapi Tanah Melayu Berhad (‘KTMB’) Commuter stations for the Ministry of Transport (‘MOT’). Construction of telecommunications towers for the Malaysian Communications and Multimedia Commission (‘MCMC’). Supply of telecommunications infrastructure, including delivery of fibre optic accessories and metal based items, to support Telekom Malaysia Berhad’s (‘TM’) High-Speed Broadband (‘HSBB’) service.
Looking at the performance of our ICT business in more detail, its lower-than-expected revenue of RM16.5 million was due to a highly competitive marketplace, where a slew of new market entrants led to bidding wars and the failure to secure projects which we had anticipated winning. Moreover, a prolonged economic recovery caused a continued subdued demand for new ICT installations and maintenance support by telcos, particularly in conventional network technologies namely Metro-E and Dense Wavelength-Division Multiplexing (‘DWDM’), including from KUB Telekomunikasi Sdn Bhd’s (‘KUBTel’) main client Telekom Malaysia (‘TM’). With the aim of returning KUBTel to profitability, we have outlined key turnaround initiatives for FY2023 which are focused around securing early market entry in private 5G and 5G Centralised Radio Access Network (‘CRAN’) Fronthaul solutions. To meet the expected growth in demand for Private 5G, we are working towards developing product readiness and optimising speed-to-market across Multi-Edge Computing, Private 5G Core and 5G-in-a-box, while undertaking extensive business development activities. Meanwhile, our drive to lead in CRAN Fronthaul solutions is bolstered by our continuous positive engagements with Digital Nasional Berhad (‘DNB’) – Malaysia’s special purpose vehicle to drive 5G adoption and South Korean technology powerhouse HFR Inc. (‘HFR’). Our plan is to deliver on business cases established in consultancy with DNB, utilising fronthaul solutions developed in tandem with HFR.
i think kub still OK At least boss didn't Cash out the money from company Boss just wanted to get more share . After purchase the ccb, boss completely control kub .
For the financial year ended June 30, 2023 (FY2023), CCB increased its profit after tax by more than five times to RM11.65 million compared with RM2.03 million in FY2022 as revenue increased 41.7% to RM199.15 million from RM140.55 million, mainly due to an increase in purchase orders received from customers. Its total borrowings stood at RM42.75 million with a gearing of 0.53.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DatoKing
8 posts
Posted by DatoKing > 2023-05-19 12:00 | Report Abuse
Any advice for this counter ? :( Going down alot..