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BACKGROUND
1.0 Background of NasionCom Holdings Berhad
NasionCom Holdings Berhad (NHB) is an investment holding company. The company is organized into two main business segments: Telecommunication and multimedia services segment, which is engaged in the provision of voice and data services broadband Internet access and related services, and Wholesale services segment, which is involved in wholesale of telecommunication prepaid cards. The company was formerly known as High-Tech Electronics Sdn Bhd. Other operations of NHB mainly comprise investment holding and sale of computer and telecommunication products, which are included in the telecommunication and multimedia services segment. The Company's directly owned subsidiaries are NasionCom Sdn. Bhd. (NCSB) and Express Top Up Sdn. Bhd. Its indirectly owned subsidiaries include NasionCom ISP Venture Sdn. Bhd., K-Indicator Sdn. Bhd., Nasioncom Global Sdn. Bhd and Perak Technology Dotcom Sdn. Bhd. NHB was incorporated in 1993 and operates principally in Malaysia.
NasionCom was been awarded the status as a Network Facilities Provider (NFP) and Network Services Provider (NSP) by the Malaysian Communications and Multimedia Commission (MCMC), and is licensed to provide private spectrum wireless 3.5 GHz, 10 GHz, 26 GHz and 28 GHz bands. These licenses enabled the company to provide customers throughout Malaysia a full suite of value-added services such as Internet Protocol Telephony services, broadband internet access services, Managed Internet Protocol - Virtual Private Network (IP - VPN) services and info-communication application services. On 2006, the company wins the Most Promising Servicer Provider for the Year at the Frost & Sullivan Malaysia Telecoms Award 2006.
Board composition of NasionCom Holding Berhad currently consists of nine (9) members: one (1) Independent Non-Executive Chairman, one (1) Group Managing Director, four (4) Executive Directors, one (1) Non-Independent Non-Executive Directors and two (2) Independent

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