Mah Sing Group Bhd. · MYX:MAHSING
Mah Sing Group Bhd — Investor Presentation (November 2023)
20 slides from Mah Sing Group Bhd's investor presentation, Nov 29, 2023
Slide 1: Investor Presentation
MahsSing Investor Presentation 29 November 2023 Reinvent Spaces. Enhance Life.
Slide 2: Disclaimer
Disclaimer Reinvent Spaces. Enhance Life. This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward looking statements as a result of a number of risks, uncertai
Slide 3: Contents
Contents oF WN = Business Strategy Results Update Outlook Sustainability Key Takeaways Reinvent Spaces. Enhance Life. MahSing
Slide 4: Business Strategy
Reinvent Spaces. Enhance Life. Business Strategy MahSing
Slide 5: Leverage the Strength of Fast Turnaround M-Series Developments
Reinvent Spaces. Enhance Life. 1 Leverage the Strength of Fast U2. E28 M Centura M Vertica M Arisa M Oscar Turnaround sent KL Cheras KL Senta KL Sr etang KL . RM654m GDV RM2.2bn GDV RM653m GDV RM542m GDV M-Series Developments El ved | ° Strong sales traction RM3B5k : ; M Luna M Adora M Aruna M Senyu
Slide 6: Product Innovations & Brand Building Reinforce Market Positioning
Product Innovations & Brand Building Reinforce Market Positioning Highly differentiated product offering: “Luxury You Can Afford” Uniquely positioned in the affordable segment
Slide 7: Right Price Points & Support from End-Financiers Key to Sales Conversion
Reinvent Spaces. Enhance Life. Right Price Points & Support from 66% End: Rinanciers won Sings Buyer Profle Rete Key to Sales Conversion : [e) ry Success 96% 7 9% priced <RM700k y 65% priced <RMS500k 5% 6% ¢ Attractive price points 36-40 4145 4650 >51 targeting the more =< RM 500K = RM 500K - RM 700
Slide 8: New launches GDV by year
2023 +RM5.0bn GDV 2022 +RM0.5bn GDV • 2021 +RM2.1bn GDV • • 2019 +RM1.6bn GDV
Slide 9: Margin trends
46% 45% 43% 44% 43% 43% 43% 42% 42% • 41% 40% 41% 41% 41% 40% 40% 40% •
Slide 10: Results Update
Reinvent Spaces. Enhance Life. Results Update MahSing
Slide 11: Q3 FY2023 Performance
Q3 FY2023 Performance Sustained strong quarterly performance RM1.93bn AT% yo 9M Revenue Revenue (RM’m) - “baa Q1Q2. 304 Q1A23 44 G1020304 G1023 2020 2021 2022 2023 RM227m A16%,y.y = -RM1.8bn OM PBT 9M Sales PBT (rwm) 1203.04 1023 G4 G1020304 G1023 2020 2021 2022 2023 Reinvent Spaces. Enhance Life. R
Slide 12: 2023 Momentum
2023 Momentum Stronger than 2022 Overwhelming take-up for recent new launches Strong registration of interest for upcoming launches Strong pipeline of projects to support sales growth 9M 2023 Sales Achieved RM1.8bn 2010 20m 2012 2013 2014 2015 2016 2017 Reinvent Spaces. Enhance Life. On track to sur
Slide 13: Robust Project Pipeline
Robust Project Pipeline 20 projects to support sales growth in 2023 Meridin East, Johor elie, RMAOSK From RM660k +12 other projects
Slide 14: Outlook
Reinvent Spaces. Enhance Life. Outlook MahSing
Slide 15: Housing Market Fundamentals Remain Positive
Housing Market Fundamentals Remain Positive BANK NEGARA MALAYSIA. 87% aie g em (5.6%) 0 7. 2020 2021 2022 2023e 2024f EERRRERRER OPR at 3% still below GDP Growth pre-Covid peak of 3.25% iM & Budget 2024 Healthy Employment Condition 45% 4.6% 3.4 Unemployment Rate Source: DOSM Population Young demogra
Slide 16: Housing Market Fundamentals Remain Positive
Reinvent Spaces. Enhance Life. — COTM Housing Market =0100 Fundamentals nes Remain Positive oes 12021 Q22021 32021 Q42021 12022 G22022 Q32022 ©Q42022 ©2023. G2 2023 a3. 2023 Units = Residential transactions volume = Demand remains resilient = Overhang condition has improved = Residential transaction
Slide 17: Sustainability
Reinvent Spaces. Enhance Life. Sustainability MahSing
Slide 18: Progress on ESG Efforts
Progress on ESG Efforts Reinvent Spaces. Enhance Life. 7 UNSDGs adopted Close to 1,000 responses received for the new materiality assessment exercise FTSE4Good Index © 4 ! ! | | 2015 2016 = 2017S 2018 = 2020» 6/2021 12/2021 12/2022 Green Design Quality Standards 43% wa Ly (3 women out of 7 direct *2
Slide 19: Key Takeaways
Key Takeaways Reinvent Spaces. Enhance Life. Agile and nimble business model to better respond to changing market dynamics. Asset- light and fast turnaround with above industry ROE. @ Market-oriented product and brand positioning for continued strong sales traction Execution-focused and operational
Slide 20: ir@mahsing.com.my
Reinvent Spaces. Enhance Life. ir@mahsing.com.my
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