15
SERVICES SECTOR
Ntegrator International Ltd.
4 Leng Kee Road #06-04SIS Building
Singapore 159088
http://[email protected]
COMPANY BACKGROUNDEstablished in April 2002, Catalist-listed Ntegrator is a regional communications network specialist and systems integrator offering high-tech, world-class systems and services. Ntegrator’s core businesses include the design, installation and implementation of data, video, fibre optics, wireless and cellular network infrastructure, as well as voice communication systems. The Group also provides project management services as well as maintenance and support services. With regional operations spanning a regional footprint covering Singapore, Vietnam, Myanmar, Malaysia, Thailand and Cambodia, Ntegrator has established itself as a leading player in the telecommunication industries within the region.
CORPORATE ACHIEVEMENTSSecured strong foothold in key emerging economy – Vietnam
Exemplified by repeat contract wins from Viettel 2nd largest telco operator in Vietnam, with a presence in Cambodia Repeat customer of the Group since 2002 Awarded approximately S$13 million worth of contracts to Ntegrator in FY2007 Awarded total contract value of S$13.0 million* to Ntegrator since start of 2008 * USD 1 = SGD 1.3783 (as at August 8, 2008)
Beachhead into new market – Cambodia: Two maiden contracts in Cambodia awarded by Viettel Corporation Total contracts valued at US$2.3 million Supply, install and commission a Microwave system and a Synchronous Digital Hierarchy
(“SDH”) infrastructure for Viettel Cambodia Opens up opportunities for Ntegrator to play an active role in building up Cambodia’s telco
infrastructure and networks for the next few years Third contract in Cambodia awarded by Viettel Corporation in August For the supply, installation and implementation of ECI and BG20 Systems
Strategic collaboration with well-established partners in Singapore: Partnership with Surbana Technologies and Cellular Systems International in January 2008 Development of a Next Generation Centralised Parking System for marketing in Singapore
and the region Surbana Technologies is a world-class townships and facilities management total solutions
provider Cellular Systems International is a pioneering provider of cellular-based remote monitoring
solutions based in Israel. Partnership positions the Group towards achieving its vision of becoming a global, world-
class provider of network integration services
INDUSTRY OUTLOOK
IT services market in Asia-Pacific to grow to US$55.9 billion by 2011
Represents a CAGR of 10.5% from 2006 to 2011
Emerging markets e.g. Indonesia and Vietnam, will register significant growth
Singapore IT market set to cross US$2 billion mark by end of 2008
Largest chunk (60%) of IT services market comes from infrastructure services – worth about US$1.15 billion
Rising IT spending budget to support growth in Asian countries
Asian small-medium businesses (SMBs) set to spend US$13.4b on IT in 2008
Across key countries in ASEAN – Singapore, Malaysia, Thailand, Indonesia, Vietnam and Cambodia
Increased spending especially pronounced in emerging markets such as Indonesia and Vietnam – still in First Wave of IT adoption
Vietnam’s IT market set to experience annual average growth of 11.4% in the 2007-2011 period
– Telco sector projected to grow 10.6% annually in the same period
– To see stable and strong growth rates in all hardware, software and IT services
GROWTH STRATEGIESContinue to grow our relationships with strategic partners
Repeat business from Viettel Corporation, a major customer for the Group’s Vietnam and Cambodia markets, will drive our growth
Strategic collaboration with Surbana Technologies and Israel-based Cellular Systems International, both leading players in their respective industries, will enhance our visibility and showcase our capabilities
Leverage on our proven track record and strong core competencies Well-positioned to deepen market penetration in existing markets, as well as expand to
neighbouring countries
Maintain focus on Southeast Asia and Indochina regions and customers With special emphasis on Vietnam, Cambodia and Laos Strategic location in Singapore will provide competitive edge to tap on these key emerging markets
Continue to strengthen business relationships with key suppliers Principal suppliers such as Alcatel and ECI, Ceragon Network and Juniper Networks To build up new strategic suppliers to service new markets in Cambodia, Laos and Thailand Continue to develop and strengthen relationship with other Telco and cellular service providers in
Vietnam e.g. EVN, Vinaphone etc
Expand business strategically through organic growth or M&As Continue to seek strategic investments or alliances or joint ventures with suitable partners and/or
acquire companies or assets in related fields To expand our range of products and service and technological capabilities, as well as gain scale
of operations
16VOLUME (01)
External IR contact
Citigate Dewe Rogerson, i.MAGE
Email: [email protected] / [email protected]: 6534 5122
IR contact
Ntegrator International Ltd
Tel: (65) 6479 6033Fax: (65) 6472 2966Email: [email protected]
Listed on Catalist in October 2005
Stock Code NTEG SP (Bloomberg)NTOR.SI (Reuters)
52-week High S$0.085 (October 29, 2007)
52-Week Low S$0.030 (September 17, 2008)
Last Price S$0.035 (September 18, 2008)
Shares Outstanding 341.482 million
Market Cap. S$13.66 million
Source: Bloomberg (Sept 1, 2008)
STOCK DATA
FY2006 FY2007 1HFY2007 1HFY2008
Revenue (S$’m) 27.0 40.0 13.8 21.3
Profit Before Tax (S$’m) 2.0 2.9 0.8 1.3
Net Profit (S$’m) 1.7 2.2 0.6 1.0
Total Assets (S$’m) 33.7 53.7 53.7 59.3
Net Assets (S$’m) 15.5 21.2 21.2 21.4
Shareholders’ Equity (S$’m) 15.2 21.1 21.1 21.3
FINANCIAL HIGHLIGHTS
Why Ntegrator?
We have:
The most attractive PE in comparison with our listed peers
We:
have been Profitable since company’s inception
have been Paying Dividends every year
are Riding on the strong Indo-China economic growth
are Riding on Viettel’s Regional Business Expansion for the next 5 years
STRENGTHS Strong Regional Presence Growing presence in emerging economies such as Vietnam, Myanmar,
Malaysia, Thailand and Cambodia Network of regional offices to provide customers with round-the-
clock technical support
Accumulated Comprehensive Expertise & Competency (Average 10 yrs) We have a strong management team with at least 20 years of
working experience in this industry We have a strong engineering team to provide both pre and post
warranty supports to our customers
Established Track Record Supplied and installed the first-ever IP core router to be implemented
in Vietnam for Viettel Corporation Won contracts from TV broadcasting groups in Myanmar – Myanmar
Radio & Television, and Myanmar’s only private cable TV operator, Forever Group
1HFY08 Revenue Breakdown 1HFY08 Gross Profit Breakdown
S$20.1m94.4%
S$1.2m5.6%
Project Sales Project Management & Maintenance Services
S$4.4m86.8%
S$0.7m13.2%
Project Sales Project Management & Services
Good Relationships with Key Suppliers Alcatel ECI Both have been loyal suppliers for Ntegrator since we started
in 2002 Ceragon Juniper Network Inc.
Blue Chip Customers MobileOne – Major telco operator in Singapore Viettel Corporation – 2nd largest telco operator in Vietnam Viettel Cambodia MOD, MPT & MRTV of Myanmar Vietnam Telecom International SingTel SMRT
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