Datasonic Group Berhad Annual Report 2015 - page 17

15
Datasonic Group Berhad
(Company No. 809759-X)
ECONOMIC OUTLOOK AND PROSPECTS
To recap, Datasonic’s earnings derived from 2 main sources, namely, the supply of MyKad cards to the
National Registration Department (“NRD”) and the supply of polycarbonate datapage to the Immigration
Department of Malaysia. Several new developments include the awards of CCTV and surveillance
solutions by Majlis Perbandaran Pulau Pinang (“MPPP”) and Majlis Perbandaran Seberang Perai (“MPSP”)
which contributed new streams of revenue in FPE2015. With its commendable track record, we believe
Datasonic would be able to secure more smartcard related projects moving forward.
During FPE2015, Datasonic has also explored various other business opportunities, including “Government-
to-Government” proposals for overseas expansion into emerging markets such as Myanmar, Philippines,
Thailand and Vietnam. Bulk purchase discounts and the acquisition of Datasonic Manufacturing Sdn
Bhd (Formerly known as Asia Pacific Card & System Sdn Bhd) with the anticipation to achieve greater
economies of scale to meet the demands for higher deliveries of polycarbonate cards will further
enhance our earnings moving forward. Additionally, our newly established manufacturing plant and
regional personalisation center could potentially expand our card production capacity and technical
competency in the personalisation of multi-application secure Identity (“ID”) solutions.
In short, given the non-susceptible to recession business which derived mostly from Government-related
projects, the expected improved margins as well as several large projects we are working on, the
prospects for growth for Datasonic is positive as the Group is expected to remain satisfactory in the next
financial year ending 31 March 2016, barring any unforeseen circumstances.
DIVIDENDS
Datasonic believes in continuous building of shareholders value and in sharing our success while at the
same time upholding fundamental investment funds for the Group’s strategic growth.
The following dividends were paid / payable in FPE2015:-
Dividend
Declaration
Dividend Paid
Payment
Fiscal Year
Date
Description
per Share
RM’mil
Date
FYE2013
28.02.2014
Second interim single-tier
2.0 sen
13.50
28.05.2014
tax exempt dividend
FPE2015
29.08.2014
First interim single-tier
1.0 sen
13.50
07.11.2014
tax exempt dividend
FPE2015
29.05.2015
Second interim single-tier
1.0 sen
13.50
25.06.2015
tax exempt dividend
CORPORATE DEVELOPMENT
In FPE2015, Datasonic has acquired / incorporated the following companies for Business Development
purposes:-
(i)
99.45% equity interests in Asia Pacific Card & System Sdn Bhd (now known as Datasonic
Manufacturing Sdn Bhd) together with its wholly-owned subsidiary, Constant Ahead Sdn Bhd, to
expand our smart card manufacturing capacity;
(ii)
70% owned subsidiary known as Datasonic Innovation Sdn Bhd to provide services relating to
biometrics solutions;
(iii)
30% equity interests in Electric Vehicle Automotive (M) Sdn Bhd with the intention to manufacture
electric vehicles; and
Chairman’s Statement
(Cont’d)
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