Kina Securities Ltd. · ASX:KSL
Kina Securities — Shareholder Meeting (May 2016)
8 slides from Kina Securities's shareholder meeting presentation, May 18, 2016
Slide 1: 2016 Annual General Meeting
For personal use only 2016 Annual General Meeting
Slide 2: Important notice and disclaimer
Important notice and disclaimer You must read this notice before reading or making any use of this document or any information contained in this document. By accepting For personal use only this document, you agree to the following terms and conditions, including any modifications to them. Confident
Slide 3: Corporate Highlights - Maybank merger
Corporate Highlights - Maybank merger • Completed Sept 2015 For personal use only • Purchase price of PGK349 million (A$173 million) • Merger created: • Fourth largest bank in PNG • More than 11,000 clients • Seven branches and an expanding electronic network • Total loans ≈ PGK374 million • Total d
Slide 4: Corporate Highlights - IPO Completed
Corporate Highlights - IPO Completed For personal use only • Dual listing ASX and POMSoX Major Shareholders • Raised PGK200 million/A$97 million. • 164 million shares issued • Market cap of $151 million Other 36% Fu Shan Investments • 2015 p/f profit K47.5 million, vs 35% prospectus forecast of K45.
Slide 5: Pro-forma Profit Beats Prospectus Forecast
Pro-forma Profit Beats Prospectus Forecast For personal use only Pro-forma profit after Tax (PGK Mln) 47.5 44.2 38.4 34.4 2012 2013 2014 2015 5
Slide 6: Integration and rebranding well advanced
Integration and rebranding well advanced For personal use only Before After 6
Slide 7: Outlook
Outlook For personal use only 2016 guidance • Economic slowdown • Lending market share growth • Conservative settings with capital and provisioning • Strong EPS growth 7
Slide 8: Kina Securities – the new force in PNG financial services
For personal use only Kina Securities – the new force in PNG financial services