Expanded tablet PC range
– Appointed by ASUS to distribute the Google Nexus 7 tablet PC in Malaysia
– Now a major tablet PC distributor to the local market, with extensive product model portfolio from Apple, Samsung, Asus and Lenovo
Established new smartphone distribution channel
– Signed distribution agreement with China’s Huawei to distribute the Huawei Ascend P1 smartphone
Enhanced Enterprise Systems portfolio
– Appointed by Huawei to distribute its full range of enterprise systems products and solutions
Undertook 1-for-2 Bonus Issue
– Implemented on 31 October 2012
– Group’s share capital increased to 180 million shares of 50 sen each (from 120 million shares of 50 sen each previously)
Investment Merits (as at 30 Apr 2013)
Market leader in ICT distribution in Malaysia
Domestic ICT market continues to be growth industry
Cloud computing and mobility devices to be growth catalysts
Net cash position allows for future expansion Dividend policy of 30% payout Single-digit PE valuation an affordable entry into ICT growth proxy
Source: ECS Annual Report
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