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 Non-Executive Directors. The board members are from various professions with broad range of experience, skills and knowledge that are essential to direct and manage the business and affairs of the Group toward greater height. The company has complied with the Listing Requirement of Bursa Malaysia to have at least a third of independent directors on the board. First is Dato’ Seri Mohamad Noor bin Abdul Rahim, the Chairman of the Company, was appointed to the Board on 6 January 2004. He is also a member of the Audit Committee and the Remuneration & Nomination Committee. He graduated with a Bachelor of Arts (Hons) from University Malaya and was the Secretary General of the Ministry of Domestic Trade and Consumer Affairs from 1996 till 1998. His other directorships include Mitrajaya Holdings Berhad, Prinsiptek Corporation Berhad and Multi Vest Resources Berhad. Currently, he is also the Chairman of JKP Sdn. Bhd., a company wholly owned by Minister of Finance (Incorporated) (MOF Inc.). He also has been appointed as an Advisory Board Member of City Hall Kuala Lumpur for years 2006 - 2009. Second is Alfian bin Mohamed Basir was appointed to the Board as Executive Vice Chairman on 6 January 2004. At NasionCom Holdings Berhad, he is principally involved in the business development activities such as securing contracts for the Group. He is a Chartered Accountant by profession and a member of the Malaysian Institute of Accountants (MIA). He graduated from Universiti Malaya with a Bachelor of Accounting (Hons) degree. He started his career in Ernst & Young, and was primarily involved in audit and special due diligence assignments, particularly in the financial industry. He has led assignments for major financial institutions, such as Bank Bumiputra and Utama Banking Group, as well as international assignments such as the Central Bank of Mongolia. He left Ernst & Young in 2001 and co-founded TradeRoof Sdn Bhd, an IT and Management Consulting firm, where he was the Managing...
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