Yoma Strategic Holdings Ltd. · SGX:Z59
Yoma Strategic — Corporate Update (September 2014)
26 slides from Yoma Strategic's corporate update, Sep 3, 2014
Slide 1: Business Update Briefing
BUSINESS UPDATE BRIEFING 3rd September 2014 1
Slide 2: Disclaimer
DISCLAIMER The material presented herein is for your general information only and nothing herein shall be considered to be business or legal advice. No representation, warranty or recommendation whatsoever as to the merits of investing in any company, entity or financial instrument is to be read or
Slide 3: Agenda
AGENDA Section 1 Proposed increase in land bank in Pun Hlaing Golf Estate (“PHGE”) and purchase of operating rights in the Golf and Country Club at PHGE Automotive division to be expanded with the proposed acquisition of the established New Holland tractors and farm equipment business Commence
Slide 4: Section 1
Section 1 4
Slide 5: Increase in land bank in PHGE and purchase of operating rights in the Golf and Country Club at PHGE
Increase in land bank in PHGE and purchase of operating rights in the Golf and Country Club at PHGE 5
Slide 6: Pun Hlaing Golf Estate map of proposed acquisition
B E E E E F D LDRs currently held by Yoma E A Strategic C Proposed Acquisition Pun Hlaing International Proposed Acquisition – Golf Hospital Course and Golf Club amenities and facilities Pagoda Area 6
Slide 7: Pun Hlaing Golf Estate Proposed Acquisition
PUN HLAING GOLF ESTATE Proposed Acquisition LDRs for LDRs adjacent LDRs for LDRs for Pun residential and PHGE Golf & to Pun Hlaing International Hlaing hotel commercial Country Club Hospital School developments (F) 70% interest in the (C) 20% interest in 1.0 (E) 70% interest in operating rights of (
Slide 8: Valuation of the Proposed Acquisition
PUN HLAING GOLF ESTATE Valuation of the Proposed Acquisition LDRs for LDRs adjacent LDRs for LDRs for Pun residential and PHGE Golf & to Pun Hlaing International Hlaing hotel commercial Country Club Hospital School developments (A) 100% interest in (F) 70% interest in the 0.18 million sq ft (4.02 (B
Slide 9: Total aggregate consideration and rationale
PUN HLAING GOLF ESTATE Total aggregate consideration SPA Group has agreed to a discount factor of 2% to the proposed acquisitions in relation to A,D, E and F. Acquisitions B and C are not included as the valuation for these LDRs were solely based on valuations commissioned by the Company’s indep
Slide 10: Automotive division to be expanded with the acquisition of New Holland tractors business
Automotive division to be expanded with the acquisition of the established New Holland tractors and farm equipment business 10
Slide 11: Automotive
AUTOMOTIVE Acquire an 100% interest in in Convenience Prosperity Co, Ltd (“CPCL”) from SPA and FMI. CPCL is an authorised dealer of New Holland tractors and farm equipment in Myanmar. For the financial year ended 31 March 2014, CPCL posted a net income of S$0.4 million and maintained a stock o
Slide 12: Automotive: About CPCL
AUTOMOTIVE About CPCL: Developing a broad customer base consisting of government ministries, agribusinesses, village collectives and individual farmers. Strong presence with branches and/or dealerships in 10 cities throughout the country. 12
Slide 13: Commencement of redevelopment of former Burma Railway Headquarters into luxury hotel
Commencement of the redevelopment of former Burma Railway Headquarters into Yangon’s leading luxury hotel 13
Slide 14: Landmark Development
LANDMARK DEVELOPMENT 14
Slide 15: Landmark Development
LANDMARK DEVELOPMENT 15
Slide 16: Proposed 1 for 3 Rights Issue at S$0.38 per share
Proposed 1 for 3 Rights Issue at S$0.38 per share 16
Slide 17: Rights Issue
RIGHTS ISSUE Proposed 1 for 3 renounceable non-underwritten rights issue of up to 430.7 million Rights Shares at an issue price of S$0.38 for each Rights Share. The Issue Price of S$0.38 represents a discount of 46.48% to the closing price of S$0.71 per Share on the SGX-ST as at 2nd Sept 2014.
Slide 18: Section 2
Section 2 18
Slide 19: Acquisition of land adjacent to Star City for an international school
Acquisition of land adjacent to Star City for the development into an international school 19
Slide 20: Star City: international school update
STAR CITY Further updates on the development of an international school in the vicinity of Star City Acquired a 70% effective interest in 20.3 acres (884,268 sq ft) of LDRs from Pun Hlaing Links Services Co., Ltd, a subsidiary within the SPA Group. The land near Star City will be develop into an
Slide 21: Star City development plan
STAR CITY Based on the latest development plan and subject to change 21
Slide 22: Star City international school facilities
STAR CITY Based on the latest development plan and subject to change The international school will be a full-service international school catering for ages 2 to 18. These buildings and facilities will include modern state of the art classrooms, a performing art centre, swimming pool, gymnasium and s
Slide 23: Increased interest in the Telecommunication business
Increased interest in the Telecommunication business 23
Slide 24: Telecommunication: Pre-Acquisition structure
TELECOMMUNICATION Increased interest in the Telecom Business (Pre- Acquistion) 75% by Digicel Digicel Asian Holdings 80% by Yoma Strategic 25% by YSH Finance • Acquired the 20% stake for (a) US$2 for the 20% by FMI equity and (b) US$3.7 million to take over FMI’s pro rata portion of the shareholders
Slide 25: Telecommunication: Post-Acquisition structure
TELECOMMUNICATION Increasing its interest in the Telecom Business (Post-Acquisition) 75% by Digicel Digicel Asian Holdings 100% by 25% by YSH Yoma Finance Strategic • YSH Finance is a wholly-owned subsidiary of Yoma Strategic • Part of Yoma Strategic’s restructuring process to consolidate its intere
Slide 26: Questions & Answers
QUESTIONS & ANSWERS Thank You 26
Yoma Strategic Holdings — Corporate Update (September 2014) on 6ix