PT Lippo Karawaci Tbk · IDX:LPKR
PT Lippo Karawaci Tbk — FY2017 Earnings Presentation
67 slides from PT Lippo Karawaci Tbk's earnings presentation, March 2018
Slide 1: Right Place, Right Time, Right Company
Right Place, Right Time, Right Company PT Lippo Karawaci Tbk FY 2017 Indonesia’s Largest and Most Integrated Property Group Leaders in Integrated Developments, Hospitals, Retail Malls, Hotels and Asset Management
Slide 2: Contents
CONTENTS CORPORATE STRUCTURE 01 LARGEST & MOST INTEGRATED PROPERTY COMPANY 02 FOUR BUSINESS DIVISIONS 03 MOST RECENT FINANCIAL RESULTS 04 - 05 DIVERSIFIED LANDBANK & PROJECTS 06 - 07 MOST INTEGRATED BUSINESS MODEL 08 HIGHLY EXPERIENCED & PROFESSIONAL MANAGEMENT 09 GROWTH STRATEGIES 10 OUR PORTFOLIO
Slide 3: Corporate Structure
CORPORATE STRUCTURE OTHER MAJORITY SHAREHOLDERS LIPPO RELATED COMPANIES > 5% PUBLIC < 5% 34.49% 32.74%. 32.77 % As of 31 Des 2017 No of Floating Shares : 22,771,585,119 Code : LPKR.JK ; LPKR IJ 51,05% 54,4% 62,7% 100% PT SILOAM INTERNATIONAL PT LIPPO CIKARANG TBK PT GOWA MAKASSAR TOURISM PT BOWSPRIT
Slide 4: Largest & Most Integrated Property Company
LARGEST & MOST INTEGRATED PROPERTY COMPANY Largest listed property Company by Revenue and Total Assets. Revenue and Total Assets as per FY 2017: USD 783 million and USD 4.2 billion, respectively. Fastest growing Indonesian real estate group market cap grew by more than 4x to USD 831 million1 since t
Slide 5: LPKR Four Business Divisions
LPKR FOUR BUSINESS DIVISIONS DEVELOPMENT REVENUE RECURRING REVENUE RESIDENTIAL AND ASSET URBAN DEVELOPMENT HOSPITALS COMMERCIAL MANAGEMENT Development rights: 32 hospitals in 23 cities Malls: Manages 2 public with 6,400 beds capacity Own and/or manage listed REITs in SGX : 8,087 ha under the Siloam
Slide 6: Revenue & EBITDA Contribution
REVENUE & EBITDA CONTRIBUTION REVENUE EBITDA FY’17: Rp 11.064 Trillion FY’17: Rp 2.177 Trillion 31% 36% 32% 53% 9% 14% 18% 7% Residential & Urban Development Commercial Hospitals Asset Management Source : Company as of FY’17 04
Slide 7: Income Statements: FY2017 and FY2016
INCOME STATEMENTS: FY’2017 AND FY’2016 REVENUE FY’17: RP 11.064 TRILLION EBITDA FY’17: RP 2.177 TRILLION REVENUE FY’16: RP 10.962 TRILLION EBITDA FY’16: RP 2.435 TRILLION Rp bn Rp bn 7.000 1.400 1.173 5.848 1.200 6.000 5.168 5.000 1.000 4.209 775 3.464 800 705 4.000 651 600 3.000 383360 400 314 2.00
Slide 8: Most Diversified Landbank and Projects
MOST DIVERSIFIED LANDBANK AND PROJECTS INDONESIA Grand Palladium Medan Sun Plaza Plaza Medan Fair Aryaduta Hotel Manado Lippo Plaza Medan Siloam Hospitals Manado Siloam Hospitals Medan Monaco Bay Binjai Supermall Holland Village Manado Aryaduta Hotel Medan Aryaduta Hotel Pekanbaru Siloam Hospitals S
Slide 9: Most Diversified Landbank and Projects: Greater Jakarta
MOST DIVERSIFIED LANDBANK AND PROJECTS PROJECTS IN GREATER JAKARTA Jakarta Population : 12 million1 N Greater Jakarta Population : 30 million1 JAVA SEA Pluit Village NORTH JAKARTA International Airport WEST JAKARTA Soekarno Hatta St. Moritz Gajah Mada Plaza Lippo Mall Puri Holland Village Metropolis
Slide 10: Most Integrated Business Model in Indonesian Property Sector
MOST INTEGRATED BUSINESS MODEL IN INDONESIAN PROPERTY SECTOR DEVELOPERS PROPERTY OPERATIONS Majority of Indonesian Developer, Operator and Majority of Indonesian Developers REIT & Portfolio Developers Managers REITs Integrated Projects Development Across Property Proven Experience & Income Value Cha
Slide 11: Highly Experienced & Professional Management
HIGHLY EXPERIENCED & PROFESSIONAL MANAGEMENT BOARD OF COMMISSIONERS: Theo L. Sambuaga Surjadi Soedirja Agum Gumelar Farid Harianto H. Sutiyoso Chairman Vice Chairman BOARD OF DIRECTORS: Ketut Budi Wijaya Tjokro Libianto Chan Chee Meng Alwi Sjaaf Richard Setiadi Wijaya Subekti* President Director *Ne
Slide 12: Growth Strategies
GROWTH STRATEGIES RESIDENTIAL AND ASSET HOSPITALS COMMERCIAL URBAN DEVELOPMENT MANAGEMENT Enhance value of our Deliver as promised on our RETAIL MALLS hospital expansion program Deliver a significant landbank through various whilst further enhancing our Execute on planned pipeline growth in scale in
Slide 13: A New Visionary City
RESIDENTIAL & URBAN DEVELOPMENT A New Visionary City Redefining The Meaning of Beautiful Modern City 250.000 New Housing for 1.000.000 communities 11
Slide 14: Residential & Urban Development: Surrounded by Fortune Companies
RESIDENTIAL & URBAN DEVELOPMENT SURROUNDED BY FORTUNE 500 COMPANIES 4.000 MULTINATIONAL COMPANIES 1 MILLION CAR PRODUCTION / YEAR 10 MILLION MOTORCYCLES PRODUCTION / YEAR 12.000 EXPATRIATES JAKARTA BANDUNG 12
Slide 15: New Infrastructures
RESIDENTIAL & URBAN DEVELOPMENT 6 New Infrastructures PATIMBAN DEEP SEAPORT LRT CAWANG –BEKASI TIMUR – CIKARANG EST. VALUE : Rp 40 T EST. VALUE : Rp 3,2 T EST. COMPLETION : 2019 (PARTIAL) EST. COMPLETION : 2019 KERTAJATI INTERNATIONAL AIRPORT APM (MONORAIL) CONNECTING EST. VALUE : Rp 23 T 7 INDUSTRI
Slide 16: Residential & Urban Development: Capacities
RESIDENTIAL & URBAN DEVELOPMENT 200,000 PEOPLE CAPACITIES International Exhibition & Convention Center Central Taman Kota Park 100 Ha 4 Layers Coherent Internal Road Networks Indonesian Silicon Valley World Class • Industrial Research Center • Malls 300,000 sqm • National Library • Top 3 Universitie
Slide 17: Meikarta Under Construction
MEIKARTA UNDER CONSTRUCTION 15
Slide 18: Meikarta: Launched in May 2017
MEIKARTA : LAUNCHED IN MAY 2017 SOLD (AS OF 31 DEC 2017) Launched Date 13 May 2017 American American Style Asian Style Marketing Sales Rp 7,5 trillion Style Total Units 22.699 Area (sqm) 1.069.583 Est. ASP/ sqm Rp 6,5 - 7,8 mn PAYMENT PROFILE Cash 10 % Mortgage 70 % Installment 20 % European Style M
Slide 19: Lippo Village and Lippo Cikarang
RESIDENTIAL & URBAN DEVELOPMENT LIPPO VILLAGE IN KARAWACI, WEST OF JAKARTA LIPPO CIKARANG, EAST OF JAKARTA Existing CBD Industrial Industrial Landbank Meikarta EJIP (Sumitomo) BIIE (Hyundai) Existing Residential Existing Industrial Development Rights Land already acquired Landbank inventory Developm
Slide 20: Tanjung Bunga and San Diego Hills
RESIDENTIAL & URBAN DEVELOPMENT TANJUNG BUNGA, MAKASSAR, SOUTH SULAWESI SAN DIEGO HILLS MEMORIAL PARK AND FUNERAL HOME Development Rights Land already acquired Landbank inventory Master Plan Land already acquired Landbank inventory 1,500 ha 651 ha 290 ha 500 ha 125 ha 90 ha (+ 14 ha family center &
Slide 21: A Landmark Project – South Jakarta
A LANDMARK PROJECT – SOUTH JAKARTA (FIRST LAUNCHED ON JULY 2007) SOLD (AS OF 31 DEC 2017) THE THE BLOOMINGTON THE RITZ THE EMPIRE COSMOPOLITAN THE THE INFINITY COSMOPOLITAN THE INTERCON 98% 97% 100% Rp 482 bio Rp 483 bio Rp 352 bio 100% completion 100% completion 100% completion THE THE TIFFANY RITZ
Slide 22: Total Land Area 11.4 Ha
TOTAL LAND AREA : 11.4 Ha (FIRST LAUNCHED ON AUGUST 2008) NEW ROYAL ROYAL SOLD (AS OF 31 DEC 2017) SUITE SUITE PRESIDENTIAL AMBASSADOR ROYAL SUITES NEW SUITES SUITES AMBASSADOR SUITE 96% 99% 98% AMBASSADOR SUITE Rp 449 bio Rp 357 bio Rp 367 bio 100% completion 100% completion 100% completion Hotel &
Slide 23: Pre-Sold Projects Under Construction (2011-2013)
PRE-SOLD PROJECTS UNDER CONSTRUCTION (LAUNCHED IN 2011- 2013) OFFICE TOWER THE NINE RESIDENCE PARK VIEW APARTMENTS HOLLAND VILLAGE LIPPO THAMRIN AT THE ST. MORITZ SOUTH JAKARTA DEPOK CENTRAL JAKARTA CENTRAL JAKARTA WEST JAKARTA 21
Slide 24: Pre-Sold Projects Under Construction (2014)
PRE-SOLD PROJECTS UNDER CONSTRUCTION (LAUNCHED IN 2014) ST. MORITZ PANAKUKANG EMBARCADERO BINTARO OFFICE TOWER AT HILLCREST+ FAIRVIEW MAKASSAR WESTERN WING, TANGERANG HOLLAND VILLAGE, JAKARTA LIPPO VILLAGE HOLLAND VILLAGE SECOND PHASE EMBARCADERO BINTARO IRVINE + WESTWOOD CENTRAL JAKARTA EASTERN WIN
Slide 25: Pre-Sold Projects Under Construction (2015-2016)
PRE-SOLD PROJECTS UNDER CONSTRUCTION (LAUNCHED IN 2015-2016) PASADENA SUITES MONACO BAY HOLLAND VILLAGE BURBANK GLENDALE PARK NEWPORT PARK CBD Meikarta, MANADO, MANADO, CBD Meikarta, CBD Meikarta, CBD Meikarta, LIPPO CIKARANG NORTH SULAWESI NORTH SULAWESI LIPPO CIKARANG LIPPO CIKARANG LIPPO CIKARANG
Slide 26: Mature Hospitals
26 Mature Hospitals SILOAM HOSPITALS LIPPO VILLAGE SILOAM HOSPITALS BALIKPAPAN TANGERANG (West of Jakarta) EAST KALIMANTAN 308 Bed Capacity JCIA 232 Bed Capacity 274 Operational Beds 165 Operational Bed 254 GP and Specialists 106 GP and Specialists 356 Nurses 139 Nurses Centre of Excellence : Cardio
Slide 27: Developing Hospitals
27 Developing Hospitals SILOAM HOSPITALS CIKARANG SILOAM GENERAL HOSPITAL (RSUS) BEKASI (East of Jakarta) TANGERANG (West of Jakarta) 114 Bed Capacity 640 Bed Capacity 108 Operational Beds 300 Operational Beds 86 GP and Specialists 140 GP and Specialists 143 Nurses 222 Nurses Centre of Excellence :
Slide 28: Developing Hospitals
28 Developing Hospitals SILOAM HOSPITALS KUPANG SILOAM HOSPITALS MEDAN EAST NUSA TENGGARA NORTH SUMATERA 416 Bed Capacity 356 Bed Capacity 110 Operational Beds 117 Operational Beds 55 GP and Specialists 119 GP and Specialists 157 Nurses 107 Nurses Centre of Excellence : Emergency Centre of Excellenc
Slide 29: Distinct Market Segment Hospitals
29 Distinct Market Segment Hospitals SILOAM HOSPITALS BALI BIMC KUTA BALI BALI 281 Bed Capacity 19 Bed Capacity 124 Operational Beds 18 Operational Beds 127 GP and Specialists 43 GP and Specialists 183 Nurses JCIA 61 Nurses Centre of Excellence : Treatment for tourists, Centre of Excellence : Treatm
Slide 30: New Hospitals in 2016
30 New Hospitals in 2016 SILOAM HOSPITALS LABUAN BAJO SILOAM HOSPITALS BUTON EAST NUSA TENGGARA SOUTHEAST SULAWESI 124 Bed Capacity 140 Bed Capacity 80 Operational Beds 60 Operational Beds 27 GP and Specialists 29 GP and Specialists 69 Nurses 74 Nurses Centre of Excellence : Emergency Centre of Exce
Slide 31: New Hospitals in 2017
31 New Hospitals in 2017 GRHA ULTIMA MEDIKA SILOAM HOSPITALS BOGOR WEST NUSA TENGGARA BOGOR (WEST JAVA) 69 Bed Capacity 246 Bed Capacity 40 Operational Beds 67 Operational Beds 47 GP and Specialists 63 GP and Specialists 60 Nurses 59 Nurses Centre of Excellence : Emergency Centre of Excellence : Eme
Slide 32: Hospital in Lubuk Linggau
32 Hospital in Lubuk Linggau (operational in January 2018) C 30
Slide 33: For Completion in 2018
Siloam For Completion in 2018 <100 Bed Capacity >100 Bed Capacity BANJARMASIN BATU LIPPO MALL JEMBER KELAPA DUA @ZLIPPO MANADO KAIRAGI GUNUNG SAHARI AMBON PALANGKARAYA BEKASI GRAND MALL 31
Slide 34: For Completion in 2019
Siloam's>Hospitals LIPPO For Completion in 2019 <100 Bed Capacity >100 Bed Capacity BINJAI TORAJA ACEH HERMES BANJARMASIN DARHAM R SURABAYA CITO —— 32
Slide 35: Progress in Licensing
35 PROGRESS IN LICENSING Licensing Process In order to be able to fully commission a new hospital, we have to go through a licensing process involving local governments and provincial health departments. This process involves more than 40 licenses and can be summarized into 6 most critical licenses.
Slide 36: Dominant Position in Retail Development & Property Management
DOMINANT POSITION IN RETAIL DEVELOPMENT & PROPERTY MANAGEMENT MANAGES 48 MALLS THROUGHOUT INDONESIA 3.4 million sqm GFA As of Dec 31, 2017 : Overall average occupancy 88% and 94% in LMIRT properties Pipeline Malls: LIPPO MALL PURI PX PAVILLION WARUNG BUNCIT, SOUTH JAKARTA LIPPO PLAZA KEBUN RAYA
Slide 37: Manages 9 Hotels Throughout Indonesia
MANAGES 9 HOTELS THROUGHOUT INDONESIA As of Dec 31, 2017 : Overall average occupancy 71% HOTEL ARYADUTA HOTEL ARYADUTA HOTEL ARYADUTA HOTEL ARYADUTA HOTEL ARYADUTA LIPPO VILAGE (192 rooms) JAKARTA (302 rooms) MEDAN (197 rooms) PEKANBARU (158 rooms) MANADO (200 rooms) HOTELS UNDER ARYADUTA MANAGEME
Slide 38: Asset Management
ASSET MANAGEMENT UNIQUE FOR AN INDONESIAN PROPERTY COMPANY 100% 100% 100% 100% 100% PT ARYADUTA PT BOWSPRIT BOWSPRIT LMIR TRUST PT LIPPO MALLS INTERNATIONAL ASSET CAPITAL MANAGEMENT INDONESIA MANAGEMENT CORPORATION 30.94% LTD 29.85% MANAGEMENT LTD ASSET MANAGER HOTEL OF DIRE MALL BOWSPRIT REIT MANAG
Slide 39: First REIT portfolio
Managed by Bowsprit Capital Corporation Limited, First REIT’s portfolio consists of 20 properties located in Indonesia, Singapore and South Korea Manages 15 Siloam Hospitals and 2 Aryaduta Hotels in Indonesia As of Dec 31, 2017 : Annualised DPU : SGD 8.57 cents Dividend Yield (%) Share Price (SG
Slide 40: Manages 23 Retail Malls and 7 Retail Spaces
MANAGES 23 RETAIL MALLS AND 7 RETAIL SPACES As of Dec 31, 2017 : Annualised DPU: SGD 3.44 cents Dividend Yield (%) Share Price (SGD) Portfolio Size (SGD mn) 12,00 0,45 2.500 0,42 0,4 0,40 9,7 0,37 10,00 9,2 0,34 2.000 1.949 1.920 0,35 1.841 1.836 8,6 0,32 8,1 7,83 8,00 0,30 1.500 1.412 0,25 6,00 0
Slide 41: Financial Performance
@2LIPPO FINANCIAL PERFORMANCE
Slide 42: Balance Sheet
BALANCE SHEET AS OF 31 DECEMBER Rp Trillion 2017 2016 2015 2014 2013 TOTAL ASSET 56.772 45.604 41.327 37.773 31.303 TOTAL LIABILITIES 26.912 23.529 22.410 20.152 17.142 TOTAL EQUITY 22.829 18.572 16.394 15.588 12.784 TOTAL DEBT 13.837 13.663 12.365 9.997 7.808 CASH AND CASH EQUIVALENTS 2.538 3.250 1
Slide 43: Debt Maturity Profile
DEBT MATURITY PROFILE Debt Profile USD million Coupon rate Coupon rate 7% pa 6.75% pa 450 400 10% 350 11% 300 410 425 250 425 410 425 79% 200 150 100 98.7 65.7 USD Bonds 34 50 10.4 11.8 0,07 USD Bank Loans IDR Bank Loans 0 2018 2019 2021 2022 2023 2024 2026 CTLI : Rp 19.88 bn (USD 1.47 mn) BNI : Rp
Slide 44: Attractive Asset Value
ATTRACTIVE ASSET VALUE Ownership (%) Land Area (ha) Assets Value (Rp bn) URBAN DEVELOPMENT: Lippo Village 100 408 28.783 Lippo Cikarang 54,4 622 16.045 Tanjung Bunga 62,7 192 2.610 San Diego Hills 100 93 2.581 Micro Suburbs 100 20 352 1) SUB TOTAL 50.371 LARGE SCALE INTEGRATED DEVELOPMENT: City of T
Slide 45: Property Marketing Sales
PROPERTY MARKETING SALES (in Rp bn) FY 2014 FY 2015 FY 2016 FY 2017 Budget 2017 Budget 2018 Residential 3.723 3.039 973 7.951 2.294 11.162 Low Rise 1.046 1.129 573 227 623 593 High Rise 2.677 1.910 400 7.724 1.671 10.569 Commercial 550 127 - 63 339 250 Industrial 734 279 75 78 300 100 Unique Product
Slide 46: Appendices
@2LIPPO APPENDICES
Slide 47: Lippo Group
LIPPO GROUP @PLIPPO T™T RETAIL REAL ESTATE Technology — Multimedia — Telecommunications Hypermart atahari Dept Townshi Comme: Store /int = DDE G matanari Ciptadana YP H C@toodesiait — seoves eoneide Lippo _UpPO Ae FiEST ST ~ a ee = 156 stores in 71. PT Lippo Kareweci mail i a eens UTS sa AT Services
Slide 48: Indonesia: Attractive Growing Market
INDONESIA: ATTRACTIVE GROWING MARKET Economic Indicators 2018 2016 2017 State Budget Economic Growth (%) 5.02 5.07 5.4 Inflation Rate (%) 3.02 3.61 3.5 Exchange Rate (Rp/USD) 13,307 13,384 13.400 3 Month SBI (%) 5.7 4.98 5.2 Oil Price (USD/bbl) 40,2 51,2 48 Oil Lifting (k bbl/day) 829 803,9 800 Sour
Slide 49: Indonesia Property Sector Has Room to Grow
INDONESIA PROPERTY SECTOR HAS ROOM TO GROW ASIA PACIFIC PROPERTY Rapid urbanisation Growing middle–class RENTAL YIELD Strong savings and income growth INDONESIA 8,61% Low mortgage penetration Property as investment PHILLIPINES 6,13% Improving regulatory environment THAILAND 5,13% Banki
Slide 50: Property Foreign Ownership
PROPERTY FOREIGN OWNERSHIP LAND TITLES AVAILABLE : 1. Freehold : may be held by Indonesian citizens only (not even by fully Indonesian- owned companies). 2. Right to Build (renewable leasehold) : may be held by Indonesian citizens and any company established in Indonesia for an initial 30 years. 3.
Slide 51: New LTV Regulation and Luxury Tax
NEW LTV REGULATION AND LUXURY TAX New LTV Regulation takes effect in Aug 2016: Property Type First Mortage Second Mortgage Third Mortgage Old New Old New Old New Landed House Land > 70 sqm 80% 85% 70% 80% 60% 75% Land 22-70 sqm - - 80% 85% 70% 80% Apartment Area > 70 sqm 80% 85% 70% 80% 60% 75% Area
Slide 52: Overview of Jakarta's Condominium Market
OVERVIEW OF JAKARTA’S CONDOMINIUM MARKET Source : Q3’2017 Market Review for Jakarta Jones Lang LaSalle Research 50
Slide 53: Overview of Jakarta's Retail Market
OVERVIEW OF JAKARTA’S RETAIL MARKET Source : Q3’2017 Market Review for Jakarta Jones Lang LaSalle Research 51
Slide 54: Overview of Jakarta's Office Market - CBD Area
OVERVIEW OF JAKARTA’S OFFICE MARKET - CBD AREA Source : Q3’ 2017 Market Review for Jakarta Jones Lang LaSalle Research 52
Slide 55: Overview of Jakarta's Office Market - non CBD Area
OVERVIEW OF JAKARTA’S OFFICE MARKET – non CBD AREA Source : Q3 ‘2017 Market Review for Jakarta Jones Lang LaSalle Research 53
Slide 56: Indonesia - Severely Underserved Healthcare Market
Indonesia - Severely Underserved Healthcare Market Beds and Doctors Beds Doctors /1,000 OECD Average = 4.93 /1,000 OECD Average = 3.14 population population 3,50 3,00 238,373 beds v. Global: Shortage of 229,491 beds (1) 70,655 doctors 2,79 v. OECD: Shortage of 977,189 beds (1) v. Global: Shortage of
Slide 57: Indonesia Healthcare Landscape
INDONESIA HEALTHCARE LANDSCAPE Population Growth Primary Care Accessibility Now = 240 Million 2040 = 360 Million Now = 8,300 2040 = 12,000 Universal Coverage Health Spend USD 20 Bn USD 640 Bn 58% 100% Coverage Coverage Now= 140 Million 2017 = 264 Million Now = 2.5% of GDP (USD 800 Bn) 2040 = 8% of G
Slide 58: Market Drivers & Restraints in Indonesia's Healthcare Sector
MARKET DRIVERS & RESTRAINTS IN INDONESIA’S HEALTHCARE SECTOR MARKET DRIVERS A large Longer life population expectancy The Universal base with a and a epidemiological health booming population transition has insurance 2015 economy, pyramid presented coverage would emerging increasing Indonesia’s give
Slide 59: Hospitals in Indonesia
HOSPITALS IN INDONESIA No OWNER 31 Dec 11 31 Dec 12 31 Dec 13 31 Dec 14 31 Dec 15 31 Dec 16 31 Dec 17 1 MOH 32 32 33 34 36 33 33 2 PROVINCE 85 89 96 98 113 120 136 GOVERNMENT 3 MUNICIPAL 86 88 92 93 98 97 97 GOVERNMENT 4 DISTRICT GOVERNMENT 411 444 455 463 469 480 497 5 ARMY / POLICE 134 155 159 170
Slide 60: Comparison Health Statistics
COMPARISON HEALTH STATISTICS Indonesia Vietnam Malaysia Singapore South Korea India China Australia USA UK Hospital beds per 10,000 pops 9 20 19 20 103 7 38 39 29 29 Physician per10,000 pops 2 12 12 20 21 7 19 33 25 28 Health Professionals per 10,000 pops 16 24 47 76 79 28 32 157 118 112 Life expect
Slide 61: Lippo Karawaci's Milestones
LIPPO KARAWACI’S MILESTONES August Corporate Actions December May October November Non Pre- April Rp 2.2 tn equity deal 3rd Rights Issue of which CVC invested August emptive Rights USD 100 mn bonds LMIRT was listed of 4.32 bn new USD150 mn bonds 15% stake in SILO Issuance issuance, at the rate in SG
Slide 62: Lippo Karawaci's Milestones
LIPPO KARAWACI’S MILESTONES Corporate Developments July August January October May Launched Launched January Opened Px Pavilion at Launched July Kemang Village, Launched St Moritz Holland Village a large scale St Moritz, as part of Panakukang, an integrated Holland Village Second Phase Started integ
Slide 63: Latest Awards
LATEST AWARDS Lippo Karawaci received Lippo Cikarang received Lippo Karawaci received Siloam received Indonesia Property Award 2018 Lippo received 2017 Indonesia Hospitals Indonesia Property Award 2018 Lippo Cikarang received Certificate of Appreciation as Top Marketing Communication Best Innovation
Slide 64: Share Price Performance
SHARE PRICE PERFORMANCE Closing Price (Rp) Volume (Shares) 1.800 1.400.000.000 1.700 1.600 1.200.000.000 1.500 1.400 1.300 1.000.000.000 1.200 1.100 1.000 800.000.000 900 800 600.000.000 700 600 500 400.000.000 400 300 200.000.000 200 100 - - Jan-10 Jun-10 Dec-10 Jun-11 Dec-11 Jun-12 Dec-12 Jun-13 D
Slide 65: Top 20 Listed Companies by Trading Value
TOP 20 LISTED COMPANIES BY TRADING VALUE INDONESIA STOCK EXCHANGE Jan - Des 2017 IDX QUARTERLY STATISTICS, 4th QUARTER 2017 (Cumulative Data) 25 20 Most Activ e Stocks by Trading Value Total Trading Trading No. Listed Stocks Volume Value (IDR) % Freq. (x) Days 1, Bank Central Asia Tbk. 7.238.232.319
Slide 66: Investor Relations
INVESTOR RELATIONS William Wijaya Utama (Senior Manager) email :William.Utama@lippokarawaci.co.id Address : Menara Matahari, 22nd Floor 7 Boulevard Palem Raya Lippo Village Tangerang 15811 Banten – Indonesia telp.+62 21 25669000 fax. +62 21 25669098 website : www.lippokarawaci.co.id 64
Slide 67: Disclaimer
DISCLAIMER This presentation has been prepared by PT Lippo Karawaci Tbk (“LPKR”) and is circulated for the purpose of general information only. It is not intended for any specific person or purpose and does not constitute a recommendation regarding the securities of LPKR. No warranty (expressed or i