Singapore Exchange Ltd. · SGX:S68

Singapore Exchange — Cedar Strategic Holdings — Shareholder Meeting (June 2014)

11 slides from Singapore Exchange's shareholder meeting presentation, Jun 14, 2014

  1. Slide 1: Cedar Strategic Holdings Ltd. Annual General Meeting

    Cedar Strategic Holdings Ltd. Annual General Meeting 14 June 2014

  2. Slide 2: Disclaimer

    Disclaimer This presentation is intended to provide background information only and does not purport to make any recommendation upon which you may reasonably rely without taking further and more specific advice. You should make your own decision on whether to participate based on your own judgement.

  3. Slide 3: Agenda

    Agenda  Overview of Cedar Strategic Holdings Ltd.  Year in Review  Outlook: Southwest China Property Market  Management Strategy  Next Steps

  4. Slide 4: Group Structure

    Group Structure Earmarked for estate Kaiyang Land Xiao Cheng Gu Shi management

  5. Slide 5: Year in Review: Financial Highlights

    Year in Review: Financial Highlights  Achieved gross revenue of RMB61 million in FY2013 following acquisition of Trechance and contribution from Xiao Cheng Gu Shi  As a result of divesting the discontinued operations, NPAT was RMB76 million for FY2013 RMB ‘000 Year ended Period from 31 Dec 2013 1

  6. Slide 6: Project Update: Xiao Cheng Gu Shi

    Project Update: Xiao Cheng Gu Shi  Delivered 246 units since acquisition;  ASP RMB2,937/psm; NPAT RMB703/psm  Deliver balance of 931 units by end-2014; GFA 72,766 sqm

  7. Slide 7: Outlook: Southwest China Property Market - Merits

    Outlook: Southwest China Property Market Merits  Guizhou: top GDP growth of 13%, double the PRC’s 7% for 1Q2014  Bijie: unsold inventory is less than 50,000 sqm out of 860,000 sqm in 2012; less than 6% of total supply (Source: JLL)  Urbanisation targeted to grow from 30% to 50% => 35 mil sqm of G

  8. Slide 8: Outlook: Southwest China Property Market - Challenges

    Outlook: Southwest China Property Market Challenges  Lack of property financing within China  Suppliers’ credit tightened  High interest costs of grey financing  Buyers’ perceived risk of property meltdown Management is closely monitoring the environment and trends

  9. Slide 9: Management Strategy

    Management Strategy  Option to buy  Ecotourism; over 4 million development of sqm GFA in up to 400 Guizhou retirement bungalows New Business Model  Calibrating between risks and rewards, supply and demand, availability of low-cost international funding

  10. Slide 10: Next steps…

    Next steps…  FY2014: Complete Xiao Cheng Gu Shi  Evolving Cedar’s business to become a differentiated property player, capitalising on China’s challenging conditions 摸着石头过河； 业务转型及升级兼顾 The Chinese idiom ‘Touch the stones as you cross the river’ alludes to stability; slow and steady wins the race

  11. Slide 11: Commencement of Annual General Meeting

    Cedar Strategic Holdings Ltd. Commencement of Annual General Meeting

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