AGM of PDS: Riding on growth of wi-fi connectivity in transport

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Written by Leong Chan Teik

 

 

 

 

 

 

 

 

L-R: Independent directors Tom Yee and Prof Lye Kin Mun | Executive chairman Dr Chen Mun | Executive director Katherine Ang | Finance manager Molly Chua. 

Summary:
Powermatic Data Systems reported a net profit of $4.2 million, up 47.2% y-o-y, drawing praises from several shareholders who spoke up at the AGM. The secret sauce, we learnt, is the wi-fi connectivity solutions that Powermatic has in recent years supplied to enable wi-fi connectivity in transportation vehicles, such as trains, buses and taxis, especially in Europe and the US.

Full article:

https://www.nextinsight.net/story-archive-mainmenu-60/939-2017/11640-agm-of-powermatic-data-riding-on-growth-of-wi-fi-connectivity-in-transport

PDS: Core wi-fi connectivity business on the rise

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Written by Leong Chan Teik

 

 

 

 

 

 

 

Investors meeting at the Powermatic Data Systems former office in Joo Seng.

Summary: 

Powermatic Data Systems has been listed on the Singapore Exchange since 1992, and its business has gone through several transformations since. Which is perhaps why when 16 investors headed for a meeting with Powermatic last Saturday, they had various versions of what they thought the business is about.

Full article:

https://www.nextinsight.net/story-archive-mainmenu-60/927-2015/10346-powermatic-data-systems

AGM of PDS: Touching on cashpile, growth prospects, etc

by admin Comment Closed

Written by Leong Chan Teik

 

 

 

 

 

 

 

 

 

 

L-R: Finance manager Molly Chua, Executive director Katherine Ang, Executive chairman Dr Chen Mun, and Independent directors Tom Yee, David Tan and Prof Lye Kin Mun.

Summary:

Despite being a small listed company, Powermatic Data Systems is engaged in interesting, and cutting edge, projects with global players. To start with, Powermatic is an authorised design centre for Qualcomm Atheros. It was the first Qualcomm design centre in Asia when it was set up two years ago. Management spoke about Powermatic’s involvement, and potential investments, in projects such as those that involve “a major search engine” and a global car rental company, without revealing names.

Full article:
https://www.nextinsight.net/story-archive-mainmenu-60/938-2016/10862-agm-of-powermatic-data-systems