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GINV Global Invacom Group Limited

3.00
0.00 (0.00%)
16 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Global Invacom Group Limited LSE:GINV London Ordinary Share SG2E91982768 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.00 2.50 3.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Global Invacom Group Limited Global Invacom's FibreIRS recognised by Malaysia

17/05/2017 7:00am

RNS Non-Regulatory


TIDMGINV

Global Invacom Group Limited

17 May 2017

Global Invacom's Fibre Integrated Reception System Recognised by Malaysia for Nationwide Rollout

London / Singapore, 17 May 2017 - Global Invacom Group Limited ("Global Invacom" or "the Group"), a satellite communications equipment provider listed on the Singapore Exchange and the U.K. AIM Market, says its Fibre Integrated Reception System ("FibreIRS") has been recognised for its practicality, feasibility and reliability in providing solutions to fibre connections in buildings. This has contributed towards the creation of the Malaysian Technical Standards Forum Bhd (MTSFB) Technical Code document entitled "Technical Standard and Infrastructure Requirements for Broadcast Network Facility".

The MTSFB Technical Code was developed by its Broadcast Network Facilities Working Group (BNF WG), to outline the infrastructure requirements for the purpose of setting up a common and integrated broadcast distribution system. It is aimed at consulting engineers, developers, owners and other parties responsible for the provisions to be made available in the buildings. It also provides the minimum technical specifications necessary for the broadcast broadband distribution system to function as required.

Global Invacom's FibreIRS will be at the forefront of compliant product offering satellite broadcast reception in any building across the country. The product allows each individual area within a multi dwelling unit, office building, hotel or other complex, to be supplied with satellite services through one single antenna installation as if connected directly to its own antenna. There are further advantages over other systems in that it is passive (requiring no additional power supply) and uses one single fibre cable for installation rather than multiple, traditional coaxial cables.

"We are pleased that our internationally acclaimed FibreIRS has been recognised as a solution for national use in Malaysia. This is a major achievement that underscores our commitment to superior quality and strengthens our value proposition for Malaysian network operators and end-users," said Mr Tony Taylor, Global Invacom's Executive Chairman.

MTSFB BNF WG Chairman, En. Mohamad Isa Mohd Razhali said: "We acknowledge the contribution of the Global Invacom team, especially in fibre related matters, including Global Invacom's FibreIRS, that was considered by the BNF WG to envisage fibre connection in a building. The inclusion of the information provided by Global Invacom, and the input during the development of the document, reflects the recognition of the BNF WG and MTSFB for the practicality, feasibility and reliability of the solution."

"Technology such as Global Invacom's FibreIRS will mean even better network infrastructure on a national scale. This will boost the quality and reliability of satellite broadcast services for users in Malaysia."

FibreIRS, which comprises Quad and Quatro Gateway Termination Units (GTU), comes in two standards: Full Fibre System and Hybrid System. For more information, please visit: http://www.globalinvacom.com/products/fibre

**End of Press Release**

For media queries, please contact

Matthew Garner

Chief Financial Officer

Global Invacom Group Limited

 
 8 Temasek Boulevard    Freeman House 
  #20-03 Suntec Tower    John Roberts Business 
  Three                  Park 
  Singapore 038988       Canterbury CT5 3BJ 
  +65 6884 3423          +44 203 053 3523 
 

On behalf of Global Invacom Group Limited:

finnCap Ltd (Nominated Adviser and Joint Broker)

Christopher Raggett / Simon Hicks (Corporate Finance)

Rhys Williams (Corporate Broking and Sales)

+44 207 220 0500

Mirabaud Securities LLP (Joint Broker)

Peter Krens (Equity Capital Markets)

+44 207 878 3362

Bell Pottinger LLP (UK Financial PR)

David Rydell / Joanna Davidson / Saskia Lumley

+44 203 772 2556

WeR1 Consultants Pte Ltd (Singapore Financial PR)

Grace Yew, graceyew@wer1.net

Wendy Sim, wendysim@wer1.net

+65 6737 4844

About Global Invacom Group Limited

Global Invacom Group Limited ("Global Invacom") is listed on the Singapore Exchange Securities Trading Limited Mainboard ("SGX-ST") and its shares are admitted to trading on the AIM Market of the London Stock Exchange in the U.K.

Global Invacom is a fully integrated satellite equipment provider with six manufacturing plants across China, Israel, Malaysia, U.K. and the U.S. Its customers include satellite broadcasters such as BSkyB of the U.K. and Dish Network of the U.S.A.

On 24 August 2015, Global Invacom completed the acquisition of Global Skyware, a leading U.S.-based designer and supplier of satellite antennas products and services for C-band, Ku-band and Ka-band frequency platforms, positioning itself as the world's only full-service outdoor unit supplier.

Global Invacom provides a full range of dish antennas, LNB receivers, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications as well as manufacturing services in TV peripherals, computer peripherals, medical, and consumer electronics industries.

For more information, please refer to www.globalinvacom.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAGGUWPAUPMGQQ

(END) Dow Jones Newswires

May 17, 2017 02:00 ET (06:00 GMT)

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