20170607 Secura Corporate Presentation 7 June 2017 Final · 2019. 9. 24. · Enters Thai market...

Post on 02-Jan-2021

1 views 0 download

Transcript of 20170607 Secura Corporate Presentation 7 June 2017 Final · 2019. 9. 24. · Enters Thai market...

Corporate Presentation7 June 2017

(CompanyRegistrationNo.:201531866K)

DisclaimerThis presentation has been prepared by Secura Group Limited (the “Company”) and its contents have been reviewedby the Company’s sponsor, United Overseas Bank Limited (the “Sponsor”) for compliance with the relevant rules ofthe Singapore Exchange Securities Trading Limited (the “SGX-ST”). The Sponsor has not independently verified thecontents of this presentation.

This presentation has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility forthe contents of this presentation, including the correctness of any of the statements or opinions made, or reportscontained in this presentation.

The contact person for the Sponsor is Mr Chia Beng Kwan, Senior Director, Equity Capital Markets, who can becontacted at 80 Raffles Place, #03-03 UOB Plaza 1, Singapore 048624, telephone: +65 6533 9898.

2

Agenda1 Introduction

2 Business Overview

3 Financial Highlights

Mobile Forensics

ExecutiveProtection

Cyber Security

SecurityGuarding

SecuredPrinting

HomelandSecurity

PrivateInvestigation

Systems Integration

Training EventSecurity

SecurityConsultancy

1. Introduction

Key Business Entities

5

Soverus Group

One-StopFullyIntegratedSecuritySolutionsProvider

Mobile Forensics

SecurityGuarding

Secured Printing

Cyber Security

HomelandSecurity

ExecutiveProtection

Training

SecurityConsultancy

PrivateInvestigation

Event Security

Systems Integration

ü Publicandin-houseApprovedTrainingOrganisation appointedbySkillsfuture Singapore

üGraded‘A’byPoliceLicensing&RegulatoryDepartment(2012-2017)

üWinneroftheSingaporePrestigeBrandAward(2012)andEnterprise50Award(2014&2015)

ü 41-yearoldsecurityprinterüOneofthelargestchequeprintingbusinessinSingapore

ü ISO27001:2013(InformationSecurityManagement)andISO9001:2008(QualityManagementSystems)certified

ü Cybersecurityindustryleaderwith17-yeartrackrecord

üNamedoneoftop25CyberSecurityCompaniesbyAPACCIOOutlookmagazine(May2017)

Secura Group Limited & its Subsidiaries

6

Secura Malaysia50% (2016)

Secura Forms

100% (1986)

Secura Security Printing

100% (1996)

Secura Bangladesh30% (2000)

Secura ForemosteMage

50% (2003)

ForemostSecura

50% (2004)

Secura Documation70% (2016)

Secura Singapore100% (1976)

Soverus Group100% (2013)

Secura Group(2015)

Listed on SGX-Catalist

Secura (Thailand)45% (2016)

Secura Training Academy

100% (2017)

Red Sentry100% (2000)

Soverus Technology100% (2013)

Soverus Consultancy & Services100% (2015)

Soverus Kingdom Systems 100% (2016)

Soverus100% (2008)

Management Team• Leadershipteamcomprising13

industryveterans,manywithMHAbackground

• 17companies,5countries,800+employeesasatJune2017

LedbyCEOPaulLim– 19YearsServiceinSPF/MHA

• FoundedSoverus Groupin2013andSecura Groupin2015

• ExecutiveCouncilMemberoftheAssociationofSmall&MediumEntreprises (ASME)

• FoundingMemberofHongKong-ASEANEconomicCooperationFoundation

• SMEInfocomm AdoptionCommittee

• CyberSecurityAwarenessAllianceCommittee

• SecurityITMTripartiteCommittee

7

Awards and Accolades

8

Our Clientele

Well-diversified customer base of more than 1,000 customers in variousindustries:

Multinationalcorporations

Governmentagencies

Financialinstitutions

Government-linkedcorporations

Smallandmediumenterprises

9

Mobile Forensics

ExecutiveProtection

Cyber Security

SecurityGuarding

SecuredPrinting

HomelandSecurity

PrivateInvestigation

Systems Integration

Training EventSecurity

SecurityConsultancy

2. Business Overview

Latest Corporate Developments (2016)

11

JUN JUL

• AcquiredRedSentry,a17-yearoldcybersecuritysolutionsprovider

• Acquired38AlexandraTerraceforbusinessexpansion

• AppointedasM1CyberAdvisoryandConsultancyPartner• FirstforayintoChinawithsecurityconsultancycontractforCapitaland’s RafflesCityChongqing

• PartneredSingaporeBusinessFederationtoconductCybersecurityCapabilitiesworkshops

• 50%-50%JVwithMalaysiaBursa-listedWillowglen• SecuredS$7.9millionsecurityservicescontractfromSingTel• PartneredIsrael-basedmobileforensicscompanyCellebriteAsiaPacifictoexpandhomelandsecurityofferings

SEP OCT

• Incorporated70%-ownedSecura Documation toincludesecuritydigitalprintingservices

• JVwithThaipartnerstoprovidecybersecuritysolutionsandservicesinThailand

• EnteredintoacollaborationwithRepublicPolytechnicandtheUniversityofGlasgowtostartcybersecurityR&Dlab

1

Latest Corporate Developments (2017)

12

• AwardedS$6.7millionsecurityservicescontractbySBSTransit

SEP OCT MAR

• LaunchedSecuraTrainingAcademy

JAN FEB MAR APR MAY

• Secura TrainingAcademyappointedasaPublicApprovedTrainingOrganisationbySkillsFuture Singapore

• AwardedS$4.9millionsecurityservicescontractbyAustralianInternationalSchool

JUNE

• 20%investmentinCustodioTechnologies– R&Doncyberearlywarningtechnology

• InkedexclusivestrategicalliancewithComfortDelGroInsuranceBrokersasitsCyberAdvisoryandConsultancyPartner

Preparing for Business Expansion

13

• CorporateHQ• Cybersecurity• Guarding• IntegratedCommandCentre• CybersecurityOperations

Centre(SOC)• HomelandSecurity• SecurityConsultancy• SystemsIntegration

Acquired38AlexandraTerrace

Mobile Forensics

ExecutiveProtection

Cyber Security

SecurityGuarding

SecuredPrinting

HomelandSecurity

PrivateInvestigation

Systems Integration

Training EventSecurity

SecurityConsultancy

Cybersecurity

14

Cybersecurity

15

• Startedin2015;securedseveralenterpriseclientsincludinggovernmentagencies,financialservicesinstitutionsandMNCs

• AcquiredRedSentryforS$2.5million,anestablishedcybersolutionsproviderwith17-yeartrackrecordinJune2016

• ExploringB-to-Ccyberbusinessproductsandservices

FastGrowingBusiness

Cybersecurity – Strategic Direction

SystemIntegration• VulnerabilityAssessment&PenetrationTesting• Security&RiskAssessment• ProfessionalServices

CyberTrainingCentre• PartnershipwithSingaporeBusinessFederationtoconductCyberSecurityCapabilitiesWorkshops

Research&Development•InvestedUS$4.5Mfor20%stakeinIsraeliAerospaceIndustries(IAI)-ownedR&Dcompany,Custodio Technologiesfocusingonearlycybersecuritywarningtechnology

•CollaborationwithRepublicPolytechnicandtheUniversityofGlasgowonSecura R&DLab

16

Cybersecurity – Featured in APAC CIO Outlook

NamedoneofTop25CyberSecurityTechnologyCompanies- 2017

APACCIOOutlookMay2017Issue

17

PerimeterAccessControl EndpointProtection/Management

PrivilegeAccessManagement&ComplianceAudit

SSLCertificateManagement NetworkAccessControl DataProtection

SecurityIncidentEventManagement(SIEM)

Security/RiskAnalysis VulnerabilityThreatManagement

Cyber Security – SecureCloud

Solutions

MobileDeviceManage-ment

Securityasa

Service

ProvidingleadingEnterpriseSecurity&ComplianceSolutionsfeaturedintheGartnerMagicQuadrant

SecureITSupportSolution ManagedSecurityServices

ApplicationSecurity NetworkSecurityPerformance

UnifiedNetworkMonitoring&BandwidthManagement

SecurityDevices&SystemMonitoringManagement

SourceStaticCodeAnalysis

Secured&AuditedRemoteAccess

18

Cybersecurity – PartnershipsCyberAdvisoryandConsultancyPartnerforM1

• Providecybersecurityconsultancy,productsandservices,includingVulnerabilityAssessment,PenetrationTestingandDeviceControl,toM1’scorporatecustomers

• TapintoM1’svastenterprisecustomerbasepresentinggrowthspringboardforourcybersecuritybusiness

PartnershipwithSingaporeBusinessFederationtoconductCyberSecurityCapabilitiesWorkshops

• AssistSingaporecompanies,especiallySMEs,tobetterunderstandthecybersecuritylandscapeandaddresscybersecuritythreatsmoreeffectively

CyberAdvisoryandConsultancyPartnertoComfortDelgroInsuranceBroker(CDGI)

• Offeringcybersecurityrelatedconsultancy,productsandservicestoCDGI'senterprisecustomers.

19

Cybersecurity – Partnerships

20

New cybersecurity R&D lab collaboration with Republic Polytechnic andthe University of Glasgow• Opportunitytoenhanceexpertiseanddevelophousebrandofcybersecurityproducts

andsolutions• EstimatedinvestmentofS$10million(partlyfromsponsors)over3years• Keytopics:Internet-of-Things,dataanalyticsandIndustry4.0• Industrypartnersinclude:

– HuaweiInternational– SkyboxSecurity– Rapid7– WatchGuard Technologies– Netscout Systems– M1

Cybersecurity – Partnerships

21

US$4.5MinvestmentinCustodio TechnologieswhichwillconductR&Dforcyberearlywarningtechnology

• 20%investmentinCustodio Technologies

• PrincipalactivityisR&Dofnewcybersecuritysolutionsandcapabilitieswithafocusoncyberearlywarningtechnology

• Itsparent,IsraelAerospaceIndustries,isIsrael'slargestaerospaceanddefencecompany,andagloballyrecognizedtechnologyandinnovationleader,withexpertiseindevelopingvarioussecuritysystems

• RightstodistributeandsellproductsandsolutionsfromCustodio Technologies’R&Defforts

Cybersecurity – Joint Ventures

Forms50%-50%partnershipwithBursa-listedWillowglen inMalaysia• Willowglen isaleadingindustryplayerintheSCADA,securityandITmarketin

Malaysiawith30yearsofexperience• ExpandourpresenceinthesecuritymarketinMalaysia,particularlyinthecyber

securityspacewhereweseetremendousgrowthpotential

22

23

EntersThaimarketthroughjointventure– Secura Thailand

1. BasedondatafromHealthcareInformationandManagementSystemsSociety(HIMSS),anot-for-profitorganisationheadquarteredinChicago,IllinoiswithadditionalofficesinNorthAmerica,Europe,UnitedKingdomandAsia.

• JointventurewithlocalThaipartnerstoprovidecybersecuritysolutionsandmobileforensicsservices– Secura owns45%ofjointventure

• Thailand’scybersecuritymarketisestimatedtobeworthUS$20million1 andisakeyareaofstronggrowthpotential,withtheincreasingphysicalandcybersecuritythreatsandthelackofestablishedcybersecurityserviceprovidersinthecountry

• Otherservicesincludesecurityconsultancyandsecuritysystemsintegration

Cybersecurity – Joint Ventures

24

Cybersecurity – Joint VenturesSecura Thailand

Mobile Forensics

ExecutiveProtection

Cyber Security

SecurityGuarding

SecuredPrinting

HomelandSecurity

PrivateInvestigation

Systems Integration

Training EventSecurity

SecurityConsultancy

Mobile Forensics

Mobile Forensics

26

Expandofferingsinmobileforensicsthroughcollaboration• Israel-based Cellebrite is a leading mobile forensics company which has capability to

unlock, extract and decode newer series of Apple iPhones and Android phones

• Preferred reseller of Cellebrite’s products in Singapore (primary market), Cambodiaand Laos (both secondary markets) for a period of 3 years from 28 September 2016

• Used by law enforcement agencies in more than 100 countries

Mobile Forensics

ExecutiveProtection

Cyber Security

SecurityGuarding

SecuredPrinting

HomelandSecurity

PrivateInvestigation

Systems Integration

Training EventSecurity

SecurityConsultancy

Homeland Security

Homeland Security

28

• SoledistributorforSafran Morpho detectionproductsinSingapore

• Morpho isagloballeaderinsecurityandidentitysolutionsdeployedinmorethan100countries

• DetectionforChemical,Biological,Radiological,ExplosivesandNarcotics

• CertifiedbyTSA,ECAC,CAAC

Homeland Security – Secura Technologies WTMD• Secura housebrand WTMD– samequalityascompetitorsbutfractionofprice

• DeployedduringChinaEmbassyeventincelebrationofthe67th AnniversaryoftheFoundingofthePeople’sRepublicofChinaon26September2016atShangri-LaHotel,Singapore

• Ownershiporleasebusinessmodels

• USP– OnlysecuritycompanyinSingaporetoprovidebothmanandmachine

29

Mobile Forensics

ExecutiveProtection

Cyber Security

SecurityGuarding

SecuredPrinting

HomelandSecurity

PrivateInvestigation

Systems Integration

Training EventSecurity

SecurityConsultancy

Security Guarding

Security Guarding

• ‘A’Grading(Excellent)bythePoliceLicensing&RegulatoryDepartmentforlicensedsecurityguardagenciesfrom2012to2017

• Staffstrengthofapproximately628securityofficersasat1March2017• Prestigiousclients:

31

Security Guarding - Integrated Command Centre

32

Security Guarding – New Contract Wins

33

Company ContractValue(S$m) Duration Period

7.9 2years 1October2016to30September2018

6.7 3years 1March2017to29February2020

4.9 2.5years 1May2017to31December2019

Security Guarding – Increase Market Share

34

Significantpotentialtoincreasemarketshare

IndustryinSingaporeclosetoS$1billionin20131

Secura’s marketsharein2016:~2.4%

1. Singapore Business Review, “Unraveling the mystery world of Singapore’s security officers”, 8 October 20132. Association of Certified Security Agencies , “List of Approved Security Agencies” with effect from 16 April 20163. Based on Ministry of Manpower’s Job Vacancies 2016 annual report as at 30 September 2016

• 245approvedagencies2 inSingaporewithabout35,000activesecurityofficers§ Estimatedmarketdemandis45,000to

50,000guards§ Shortfallof10,000securityguardswith

2,280jobvacanciesavailable3

• GovernmentsupportthroughtheenforcementoftheProgressiveWageModel

• Initiativestoattractandretainsecuritypersonnel§ Top“10”payingemployerinthe

industry,withabi-annualsalaryreview.§ Launchofindustry’sfirstSecurity

SpecialistVocationScheme§ Otherincentiveschemes

Integrated Command Centre

35

Integrated Command Centre

Keyfeatures• Moreefficientuseofnetworktoenhance

resolutionondemand• Rapidscalabilityandredeployment• Centralised videomanagementandviewing• Locationtrackingofbusinessassetor

operation• Securetransmissionofvideofeed• Robustreal-timevideostreaming

Benefits• Monitoringandprotectassetsfrom

anywhere• Improvedoperationefficiency• Bettercostefficiency• Seamlessoperationglobally

36

Integrated Command Centre

Assistbusinessownerstomonitorandprotecttheirassets 24/7andincorporatevideoanalyticsfor• TripwireEventDetection• EnterEventDetection

• LoiteringEventDetection

Real-TimeMonitoringSystem• Reduceshumanerroronwrittenreport

• Speedsupdecisionmakingduringanyemergencies

• Increasetheproductivityofthepatrolofficerthroughlivemonitoring

37

Security Guarding – Security Vocationalisation

38

LaunchedSecuritySpecialistVocationScheme(SSVS),afirstforthesecurity

industry,on13June2016toattractmorepeopleintothesecurityindustry

STPageB3on14June2016

LaunchofSSVSbySecretary-GeneralNTUCChanChunSingon13June2016

Mobile Forensics

ExecutiveProtection

Cyber Security

SecurityGuarding

SecuredPrinting

HomelandSecurity

PrivateInvestigation

Systems Integration

Training EventSecurity

SecurityConsultancy

Training

Secura Training Academy• AppointedbySkillsFuture Singaporeaspublicandin-houseApprovedTrainingOrganisation(ATO)• WSQframeworkonEmployabilitySkills,ServiceExcellenceFrameworkandInfoComm Technology

• Trainingprogrammes offered:

• CyberSecurityAwarenessworkshops

• Security-relatedproducttrainings(includingCellebrite’s mobileforensicsproducts)

• MasterClass workshops

• Enhancedsecurityguardingtraining

• MorethanS$1billioninfundsforSkillsFuture trainingannuallyforeligibleSingaporeanstill2020

40

Mobile Forensics

ExecutiveProtection

Cyber Security

SecurityGuarding

SecuredPrinting

HomelandSecurity

PrivateInvestigation

Systems Integration

Training EventSecurity

SecurityConsultancy

Security Systems Integration

Security Systems Integration• Fullin-housesecuritysystemsintegrationcapabilities• Representingbothhousebrand productsandotherleadingbrands• Turnkeysolutionsandmaintenanceservices• Solerepresentativeofleadingspecialised securityanddataanalyticssolutions

forretailsector:

42

Security Systems Integration

USA

World#1Anti-TheftDisplayProtectionforTablets,SmartphonesandOtherElectronics

43

Security Systems Integration

• Wifi AccessPointsforCustomers• CustomerProfileGeneration• Personalised CRMEngagement

Canada

Malaysia

HongKong

• SecurityTagandAnti-TheftSecuritySystem• SecondtoSensormatic

• FootTraffic,PeopleCountingandTracking

• 2D and 3D StereoVisionSensorsforRetailAnalytics

• SpaceandStaffOptimisation fromData

44

Mobile Forensics

ExecutiveProtection

Cyber Security

SecurityGuarding

SecuredPrinting

HomelandSecurity

PrivateInvestigation

Systems Integration

Training EventSecurity

SecurityConsultancy

Security Consultancy

• SecurityMasterPlanning• ThreatVulnerabilities&Risk

Assessment• SecurityAudit/Study• ProjectManagement• TenderDocumentation&

Evaluation• CounterTerrorism

• EspionagePlanning

• TheftPrevention

• CrowdControl

• RedTeaming• SecurityAudit• SystemsIntegration

Security Consultancy

46

Mobile Forensics

ExecutiveProtection

Cyber Security

SecurityGuarding

SecuredPrinting

HomelandSecurity

PrivateInvestigation

Systems Integration

Training EventSecurity

SecurityConsultancy

Security Printing

Security Printing

48

• Over40yearsinprovidingsecurityprintingservices

• OneofthelargestchequeprintingbusinessesinSingapore

• Printingof:o Chequebookso Passbookso Carparkcouponso Marriagecertificateso Shoppingvoucherso Statementso Stationeryandothers

• ISO9001:2008certified

• ISO27001:2013certified

• LocalandforeignbanksinSingapore

• Singaporestatutoryboards

TrackRecord WhatWeDo Certifications MajorCustomers

49

• Secureddigitalprintingoftransactionsandstatementsfortelcos,banks,stockbrokinghousesandinsurancecompanies

• Increasingshifttowardselectronicdatadelivery• E-statementande-archivingplatforms• One-stopsecureddatadeliverypartner• Secureddatadestruction

Secured Digital Printing and Data Solutions

Mobile Forensics

ExecutiveProtection

Cyber Security

SecurityGuarding

SecuredPrinting

HomelandSecurity

PrivateInvestigation

Systems Integration

Training EventSecurity

SecurityConsultancy

Overseas Expansion

Overseas Expansion

51

Taiwan

Vietnam

Cambodia

Thailand

Laos

Malaysia

ChinaBangladesh

Wherewearepresently

Whereweplantoexpandto

Mobile Forensics

ExecutiveProtection

Cyber Security

SecurityGuarding

SecuredPrinting

HomelandSecurity

PrivateInvestigation

Systems Integration

Training EventSecurity

SecurityConsultancy

3. Financial Highlights

FY2016 Results Highlights

53

In S$’000 FY2016 FY20151 Change (%)

Revenue 36,150 20,522 76

Grossprofit 6,804 3,207 >100

Grossmargin (%) 18.8% 15.6% 3pts

Otheroperatingincome 1,907 3,201 (40)

Distributionandsellingexpenses (1,727) (128) >100

Adminexpenses (5,810) (3,462) 68

Financecost (110) (2) >100

Listingexpenses (339) (653) (48)

Shareofresultsofjointventuresandassociates 273 — nm

Profit beforetax 998 2,163 (54)

Netattributableprofit 954 1,723 (45)

Note:1.ComprisesonlyfinancialresultsofSoverusGroupPte Ltdanditssubsidiaries

Forthe12monthsended31December

Revenue Contribution by Business Segments

54

Contribution(S$’000) ContributionRevenue FY2016 FY20151 Change (%) FY2016 FY20151

SecurityGuarding 21,300 18,823 13 59% 92%

SecurityPrinting 11,571 - nm 32% -

Cyber Security 1,734 589 194 5% 3%

HomelandSecurity,SystemIntegration&SecurityConsultancy

1,545 1,110 39 4% 5%

Total 36,150 20,522 76 100.0% 100.0%

nm– notmeaningfulNote:1.ComprisesonlyfinancialresultsofSoverusGroupPte Ltdanditssubsidiaries

Forthe12monthsended31December

1Q2017 Results Highlights

55

In S$’000 1Q2017 1Q20161 Change (%)

Revenue 9,537 8,684 9.8

Grossprofit 1,847 1,254 47.3

Grossmargin (%) 19.4% 14.4% 5pts

Otheroperatingincome 367 450 (18.4)

Distributionandsellingexpenses (683) (318) nm

Adminexpenses (1,770) (1,003) 76.5

Financecost (55) - nm

Listingexpenses - (279) (100)

Shareofresultsofjointventuresandassociates 10 26 (61.5)

(Loss)/profit beforetax (284) 130 nm

Netattributable(loss)/profit (257) 146 nm

nm– notmeaningfulNote:1.1Q2016resultsretrospectivelyadjustedtoreflectthefairvaluesofassetsandliabilitiesofSecura SingaporePte. Ltd.anditssubsidiariesuponfinalisationofpurchasepriceallocation.

Forthe3monthsended31March

Thank You