Estimating Demand

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Company No: 631859 A

TELITI DATACENTRES SDN. BHD.
(Incorporated in Malaysia)

REPORTS AND FINANCIAL STATEMENTS
30 SEPTEMBER 2011

CONTENTS

PAGES

Corporate Information

2

Directors’ Report

3-6

Statement by Directors and Statutory Declaration

7

Independent Auditors’ Report

8-9

Balance Sheet

10

Income Statement

11

Statement of Changes in Equity

12

Cash Flow Statement

13-14

Notes to the Financial Statements

15-23

1

Company No: 631859 A

TELITI DATACENTRES SDN. BHD.
(Incorporated in Malaysia)

CORPORATE INFORMATION

DIRECTORS

Datuk Ithnin Bin Yacob
Hj Mohamed Nasir Bin Abdul Majid

SECRETARIES

Mohamad Rosdi Bin Ibrahim
Norahasiffa Bt Razalli

AUDITORS

SJ Grant Thornton
(Member of Grant Thornton International)
Chartered Accountants
Level 11, Sheraton Imperial Court
Jalan Sultan Ismail
50250 Kuala Lumpur

REGISTERED OFFICE

17-4-1, Jalan Semarak Api 2
Diamond Square
Off Jalan Gombak
53000 Kuala Lumpur

2

Company No: 631859 A

TELITI DATACENTRES SDN. BHD.
(Incorporated in Malaysia)

DIRECTORS’ REPORT
The Directors have pleasure in submitting their report together with the audited financial statements of the Company for the financial year ended 30 September 2011.

PRINCIPAL ACTIVITIES
The Company is principally engaged in providing co-location facilities, telecommunications network connectivity, IT consulting services, professional management services and network access infrastructure.

FINANCIAL RESULTS
RM
Net profit for the financial year

15,811

DIVIDENDS
There were no dividends proposed, declared or paid by the Company since the end of the previous financial year.

RESERVES AND PROVISIONS
There were no material transfers to or from reserves or provisions during the financial year.

DIRECTORS
The Directors in office since the date of the last report are:Datuk Ithnin Bin Yacob Hj Mohamed Nasir Bin Abdul Majid
By virtue of the Company being a wholly owned subsidiary company of Teliti Computers Sdn. Bhd., the Directors’ interest in shares of the holding company pursuant to Section 169(6) (g) of the Act to be shown in the Directors’ Report, is deemed to be complied with as such interests are shown in the Directors’ Report of the holding company. In accordance with the Register of Directors’ shareholdings, none of the Directors have any direct interest in the shares of the Company.

3

Company No: 631859 A
DIRECTORS’ BENEFITS
During and at the end of the financial year, no arrangement subsisted to which the Company is a party with the object or objects of enabling the Directors of the Company to acquire benefits by means of the acquisition of shares in or debentures of the Company or any other body corporate.

Since the end of previous financial year, no Director has received or become entitled to receive any benefit by reason of a contract made by the Company or a related corporation with the Director or with a firm of which the Director is a member, or with a company in which the Director has a substantial financial interest.

ISSUE OF SHARES AND DEBENTURES
During the financial year, the Company increased its authorised ordinary share capital from RM100,000 to RM5,000,000 through the creation from 4,900,000 ordinary shares of RM1.00 each, and its issued and paid-up ordinary share capital from RM2 to RM3,000,000 by way of the issuance of 2,999,998 ordinary shares of RM1.00 each for a total cash consideration of RM2,999,998 for working capital purposes.

The new ordinary shares issued the financial year rank pari passu in all respect with the existing ordinary shares of the Company.
There were no debentures issued during the financial year.

OTHER STATUTORY INFORMATION
Before the financial statements of the Company were made out, the Directors took reasonable steps:(a)

to ascertain that action had been taken in relation to the writing off of bad debts and the making of provision for...
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