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• Revenue: -20% (4Q09), -63% (FY09)
• Net Profit: -74% (4Q09), -82% (FY09)
• Outlook: The Group's financial performance for the whole of FY2009 have been adversely affected by the current global financial crisis.
• Although some degree of stability has returned to the financial sector, generally we expect banks and other financial institutions to remain cautious in their IT spending in FY2010.
• However, the Group has received more enquiries of late.
• For customers who have delayed their project implementation in FY2009, the Group is hopeful that some of them will initiate their revenue generating projects with it early in FY2010.
• In the midst of the financial crisis, the Group has remained profitable with a stable revenue from its maintenance and enhancement services.
• The Group is in a strong financial position and intends to capitalise on this strength to actively seek acquisitions in related businesses to expand both its scope of business and geographic operations .
• The Group’s dominant market position in the region and proven track record will enable it to benefit from an eventual upturn when financial institutions resume investing in IT to improve their competitive position in the market place.
• In view of this, the Group remains optimistic of its business prospects over the longer term.

FINANCIAL RECORDS

Revenue (MYR '000)

FY 1Q 2Q 3Q 4Q Total
2009 12,286 16,299 15,049 11,180 54,814
2008 57,413 50,191 25,383 13,959 146,946
2007 25,878 38,448 52,738 17,979 137,294
2006 21,301 22,043 60,434 20,714 124,493
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Earnings (MYR '000)

FY 1Q 2Q 3Q 4Q Total
2009 3,634 11,786 664 3,004 19,088
2008 32,589 44,300 20,321 11,570 108,780
2007 20,530 24,831 32,208 2,434 80,001
2006 14,194 10,522 51,999 1,034 79,624
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Dividends

FY Interim Final Special (SGD)
2009 0.0030 0.0030 NA
2008 0.0150 NA 0.005 (2nd Interim)
2007 0.0075 0.0075 NA
2006 0.0050 0.0075 NA
2005 0.0060 0.0070 NA
2004 0.0050 0.0070 NA
2003 0.0055 0.0055 NA
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Bonus / Rights / Stock Split

Date Type Details
NA
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Share Data (MYR)

NAV = $0.158
EPS = $0.0175 (12M FY09)
No of Shares = 1,066,099,476
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA