TIME dotCom : Berhad 2023 Extraordinary General Meeting
February 15, 2023 at 08:27 am
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DISCLAIMER
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.
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SUPERCHARGiNG
AIMS TO GROW
ACROSS ASiA
INTRODUCTiON
Background of Proposed Transactions
EGM 2023
In late 2021, Time carried out a strategic review of the data centre landscape, considering the increased attention the sector was receiving as well as the rapid expansion of data centre sites happening globally
We decided to seek a strategic partner to catalyse and strengthen AIMS and position it for aggressive growth across Asia
Subsequent to a multi-stage private bidding process, Time has decided to partner with DigitalBridge, one of the world's leading digital infrastructure firms, to use AIMS as its platform for expansion in the region via a continuation of the AIMS business model and strategy
This strategic partnership is expected to accelerate the growth of AIMS into new markets and achieve greater scale in the highly connected, ecosystem-centric data centre business segment, in line with Time's positive outlook on the sector
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TIME dotCom Bhd published this content on 15 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2023 13:26:01 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.