Oxley Holdings Ltd. · SGX:5UX

Oxley — Investor Presentation (July 2014)

47 slides from Oxley's investor presentation, Jul 31, 2014

  1. Slide 1: Oxley Holdings Limited

    Oxley Holdings Limited 31 July 2014

  2. Slide 2: Disclaimer

    Disclaimer The information in this document has not been independently verified. No representation or warranty expressed or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein. This document

  3. Slide 3: Group Overview

    GroupOverview Company Overview Operations Review Financial Highlights Outlook Slide 3

  4. Slide 4: Overview of Oxley Holdings Limited

    Overview of Oxley Holdings Limited Overview Stock Price Performance Profile • Developer of quality residential, commercial and industrial projects at 0.85 competitive prices 0.80 0.75 • Developments usually located in prime 0.70 areas with easy access and prominent 0.65 lifestyle elements 0.60 0.55

  5. Slide 5: Key Management

    Key Management Ching Chiat Kwong Chief Executive Officer Low See Ching Deputy Chief Executive Officer  Possesses more than 15 years of industry experience  Supports the CEO in business development, formulation of corporate strategies and  Responsible for the overall performance as well as chartin

  6. Slide 6: Oxley International Holdings Pte Ltd

    Oxley International Holdings Pte Ltd  Wholly-owned subsidiary of Oxley Holdings Limited  Holding company for the Group’s projects outside of Singapore  Launched: - Royal Wharf in the UK - The Bridge in Cambodia - Xin Gang Guo Ji Cheng in China OXLEY HOLDINGS OXLEY INTERNATIONAL HOLDINGS CAMBODIA

  7. Slide 7: Strategy & Plans (Singapore)

    Strategy & Plans (Singapore) Residential  Participate in government land sales (GLS) tenders for larger sites, with a focus on vibrant and accessible districts  Explore potential acquisitions, joint-ventures or strategic-alliance opportunities, where synergistic value to the Group exists Commercia

  8. Slide 8: Strategy & Plans (Overseas)

    Strategy & Plans (Overseas)  Acquire land plots of good potential  Bring Oxley’s refreshing concepts of lifestyle mixed- developments overseas  Explore the possibility of developing entire townships, especially on large plots (e.g. Royal Wharf)  Harness established relationships and extensive ne

  9. Slide 9: Land Acquisition Criteria

    Land Acquisition Criteria Location  Prime areas and easily accessible by public transport Environment  Potential for inclusion of amenities to inject vibrancy into the vicinity Typical tenure  Residential: freehold / 999 yrs  Industrial: 30 – 60 years  Commercial: freehold Slide 9

  10. Slide 10: Investment Merits

    Investment Merits  Responsiveness to changing trends  Short investment-to-sale cycle  Focus on core competency • design, construction and sales activities outsourced to professionals  Established relationships and extensive network  Experienced and committed management team with more than 10 ye

  11. Slide 11: Operations Review

    Group Overview Operations Review Financial Highlights Outlook Slide 11

  12. Slide 12: Projects in Singapore

    Projects in Singapore • Completed Projects • Launched Projects Slide 12

  13. Slide 13: Completed Projects

    Completed Projects Residential No. of units Land Area GFA Sold No Project Name Tenure (residential / TOP (sq ft) (sq ft) (%) shops) 1 Parc Somme 99 yrs 30 / 5 5,576 17,539 100% 2012 2 Suites@Katong FH 51 / 8 11,195 30,106 100% 2012 3 Loft@Rangoon FH 24 / 3 4,930 15,645 100% 2013 4 Loft@Stevens FH 44

  14. Slide 14: Launched Projects

    Launched Projects Residential No. of units Land Area GFA Sold Expected No Project Name Tenure (residential / (sq ft) (sq ft) (%) TOP shops) 1 Vibes@Kovan FH 36 / 5 7,782 23,219 100% 2014 2 Vibes@East Coast FH 117 / 28 25,974 76,694 100% 2014 3 Devonshire Residences FH 84 / 0 13,401 41,291 100% 2014

  15. Slide 15: Launched Projects

    Launched Projects Industrial No. of units Land Area GFA Sold Expected No Project Name Tenure (industrial / (sq ft) (sq ft) (%) TOP shops) 1 Eco-tech@Sunview 30 yrs 424 / 1 Canteen 303,251 758,126 73% 2016 Commercial No. of units Land Area GFA Sold Expected No Project Name Tenure (office / shops) (sq

  16. Slide 16: Completed Projects (Residential)

    Completed Projects (Residential) Parc Somme Suites @ Katong Loft @ Rangoon Loft@Stevens 62 Somme Road 263 Tanjong Katong Road 113 Rangoon Road 68 Stevens Road Acquisition Date Dec 2009 Acquisition Date Dec 2009 Acquisition Date Feb 2010 Acquisition Date Jun 2010 Launch Date Apr 2010 Launch Date Apr

  17. Slide 17: Completed Projects (Residential)

    Completed Projects (Residential) Loft @ Holland Viva Vista 151 Holland Road 3 South Buona Vista Road Acquisition Date May 2010 Acquisition Date Jun 2009 Launch Date Jan 2011 Launch Date Aug 2010 Tenure Freehold Tenure Freehold Gross Floor Area (sq ft) 17,004 Gross Floor Area (sq ft) 97,022 Residenti

  18. Slide 18: Completed Projects (Industrial)

    Completed Projects (Industrial) Oxley BizHub Oxley BizHub2 Arcsphere The Commerze@Irving 61/63/65/67/69/71/73 Ubi Road One 62 Ubi Road One 124 Lor 23 Geylang Road 1 Irving Road Acquisition Date Aug 2010 Acquisition Date Feb 2011 Acquisition Date Dec 2010 Acquisition Date Jun 2011 Launch Date Apr 201

  19. Slide 19: Launched Projects (Residential)

    Launched Projects (Residential) Vibes@Kovan Vibes@East Coast Devonshire Residences Presto@Upper Serangoon 93 Kovan Road 308 Telok Kurau Road 55 Devonshire Road 528 Upper Serangoon Road Acquisition Date May 2010 Acquisition Date May 2010 Acquisition Date Apr 2010 Acquisition Date Oct 2010 Launch Date

  20. Slide 20: Launched Projects (Residential)

    Launched Projects (Residential) Vibes@Upper Serangoon RV Point Suites@Braddell The Promenade@Pelikat 488 Upper Serangoon Road 233 River Valley Road 56 Braddell Road 183 Jalan Pelikat Acquisition Date Oct 2010 Acquisition Date Feb 2010 Acquisition Date Oct 2010 Acquisition Date May 2011 Launch Date M

  21. Slide 21: Launched Projects (Residential)

    Launched Projects (Residential) Oxley Edge Midtown Residences / The Midtown NEWest 308 River Valley Road 1189 Upper Serangoon Road 1 & 3 West Coast Drive Singapore Acquisition Date Nov 2010 Acquisition Date Jun 2012 Acquisition Date May 2012 Launch Date Mar 2013 Launch Date Apr 2013 Launch Date May

  22. Slide 22: Launched Projects (Residential)

    Launched Projects (Residential) Floraville / Floraview / Floravista KAP Residences / KAP 2 Cactus Road 9 & 11 King Albert Park 1/3/5/7 Ang Mo Kio Street 66 Acquisition Date Mar 2012 Acquisition Date Oct 2012 Launch Date Aug 2013 Launch Date May 2013 Tenure Freehold Tenure Freehold Gross Floor Area (

  23. Slide 23: Launched Projects (Industrial / Commercial)

    Launched Projects (Industrial / Commercial) Eco-tech@Sunview Robinson Square Oxley Tower The Flow 1 Sunview Road 144 Robinson Road 138 Robinson Road 66 East Coast Road Acquisition Date Oct 2012 Acquisition Date Dec 2010 Acquisition Date Sep 2010 Acquisition Date Mar 2012 Launch Date Aug 2013 Launch

  24. Slide 24: Projects in Singapore

    Projects in Singapore • Pipeline Projects Slide 24

  25. Slide 25: Pipeline Projects

    Pipeline Projects Residential No. of units Land Area GFA Expected No. Project Name Tenure (residential / shops) (sq ft) (sq ft) Launch 1 The Rise@Oxley FH 120 / 29 25,630 107,648 2014 2 339 – 339C Joo Chiat Road FH 4/1 6,383 11,475 2014 Industrial* No. of units Land Area GFA No. Project Name Tenure

  26. Slide 26: Pipeline Projects - Residential

    Pipeline Projects - Residential Property Name The Rise@Oxley Location 71 / 73 / 73A Oxley Rise Type Mixed Residential & Commercial Development Acquisition Date May 2012 Expected Launch 2014 Tenure Freehold Land Area (sq ft) 25,630 Gross Floor Area (sq ft) 107,648 Residential Units 120 Shop Units 29

  27. Slide 27: Pipeline Projects - Residential

    Pipeline Projects - Residential Property Name TBC Location 339 – 339C Joo Chiat Road Type Mixed Residential & Commercial Development Acquisition Date April 2012 Expected Launch 2014 Tenure Freehold Land Area (sq ft) 6,383 Gross Floor Area (sq ft) 11,475 Residential Units 4 Shop Units 1 Group’s Stake

  28. Slide 28: Pipeline Projects - Industrial

    Pipeline Projects - Industrial Property Name Space@Tampines* Location Plot 3, Tampines Industrial Crescent Type Industrial Acquisition Date September 2012 Tenure 30 years leasehold Land Area (sq ft) 417,643 Gross Floor Area (sq ft) 709,263 Warehouse Units 71 Group’s Stake 70% * This is an investment

  29. Slide 29: Pipeline Projects – Hospitality

    Pipeline Projects – Hospitality Property Name Novotel Singapore on Stevens* / Ibis Singapore on Stevens* Location 30 Stevens Road Type Hotel Development Acquisition Date March 2013 Tenure 103 years leasehold Land Area (sq ft) 198,889 Gross Floor Area (sq ft) 318,222 No. of Hotel Rooms 254 / 528 Grou

  30. Slide 30: Overseas Projects

    Overseas Projects • Launched Projects • Pipeline Projects Slide 30

  31. Slide 31: Launched Projects – UK

    Launched Projects – UK Property Name Royal Wharf Location North Woolwich Road, London, United Kingdom Type Township Development Acquisition Date November 2013 Launched March 2014 Tenure Freehold & Leasehold Land Area (sq m) 149,734 Gross Floor Area (sq m) ~ 363,000 Residential Units Total: 3,385 - P

  32. Slide 32: Launched Projects - Cambodia

    Launched Projects - Cambodia Property Name The Bridge Location Village No.14, National Assembly Street, Tonle Bassac Commune, Chamkarmorn District, Phnom Penh City, Kingdom of Cambodia Type Mixed Residential & Commercial Development Launched June 2014 Tenure Freehold Land Area (sq m) 10,090 Gross Fl

  33. Slide 33: Launched Projects - China

    Launched Projects - China Property Name (Xin Gang Guo Ji Cheng) Location North of Rixin West Road, Xuanzhou District, Xuancheng, Anhui Province, the People’s Republic of China Type Residential Launched May 2014 Tenure Leasehold Land Area (sq m) D4 – 102,506 sqm D5 – 80,844 sqm Gross Floor Area (sq m

  34. Slide 34: Pipeline Projects

    Pipeline Projects Malaysia Land Parcels Land Area Group’s Expected No Project Name Tenure (sq m) Stake Launch 1 Plot B3 & B5 Iskandar, Johor 99 years 17,280 100% TBC No. Hakmilik 354,Lot 904, Bt 6 Jalan Damansara, Mukim 2 Freehold 20,234 100% TBC Sungai Bulah, Daerah Petaling, Negeri Selangor 3 Gera

  35. Slide 35: Pipeline Projects

    Pipeline Projects Cambodia Land Parcels Land Area Group’s Expected No Project Name Tenure (sq m) Stake Launch 7 Mekong River Land ,Phnom Penh Freehold 37,689 75% TBC 8 The Garage Land, Phnom Penh Freehold 8,921 75% TBC 9 Land Near Naga , Phnom Penh Freehold 12,609 75% TBC China Land Parcels Land Are

  36. Slide 36: Pipeline Projects – Malaysia

    Pipeline Projects – Malaysia Property Name KLCC (Oxley Tower) Location (KLCC) Lot 99, Section 0058 Mukim Bandar Kuala Lumpur, Daerah Kuala Lumpur Type Mixed Hotel & Service Apartment, Office and Commercial Development Acquisition Date November 2013 Tenure Freehold Land Area (sq m) 12,586 Gross Floor

  37. Slide 37: Financial Highlights

    Group Overview Operations Review Financial Highlights Outlook Slide 37

  38. Slide 38: Comprehensive Income

    Comprehensive Income Nine Months Ended (Unaudited) Second Quarter Ended Consolidated (S$’000) (Unaudited) (Unaudited) 31-Mar-13 31-Mar-14 % 31-Mar-13 31-Mar-14 % Revenue 180,372 991,263 450% 70,572 103,093 46% Gross Profit 47,502 400,528 743% 19,993 22,463 12% Operating Profit * 48,199 374,954 678

  39. Slide 39: Financial Position

    Financial Position As At Consolidated (S$’000) (Audited) (Audited) (Audited) (Unaudited) 30-Jun-11 30-Jun-12 30-Jun-13 31-Mar-14 Cash & Cash Equivalents 112,652 205,135 436,460 338,702 Development Properties 720,822 1,019,110 1,293,471 1,452,977 Total Assets 856,117 1,605,440 2,676,401 3,280,118 Cur

  40. Slide 40: Key Financial Ratios

    Key Financial Ratios (Audited) (Audited) (Audited) (Unaudited) Consolidated ($’000) 30-Jun-11 30-Jun-12 30-Jun-13 31-Mar-14 Gross Margin 34.8% 24.6% 30.2% 40.4% Operating Margin 26.4% 21.0% 28.5% 37.8% Net Margin (Profit After Tax) 20.6% 14.9% 22.7% 26.6% EBITDA / Interest Expense 24.9x 8.2x 15.5x 1

  41. Slide 41: Financial Performance

    Financial Performance Delivering Steady Growth in Revenue and Profit S$’000 1,200,000 991,263 1,000,000 800,000 600,000 457,693 400,000 374,954 362,093 200,000 159,368 130,642 122,733 70,850 18,716 17,962 33,531 29,500 0 FY2011 FY2012 FY2013 9M14 Revenue Operating Profit NPBT Slide 41

  42. Slide 42: Strengthening Asset Base and Financial Position

    Strengthening Asset Base and Financial Position Strengthening Asset Base and Financial Position S$’000 3,500,000 3,280,118 3,000,000 2,676,401 2,500,000 2,000,000 1,605,440 1,500,000 1,000,000 856,117 500,000 418,827 239,588 134,604 145,056 0 FY2011 FY2012 FY2013 9M14 Total Assets Total TNW Slide 42

  43. Slide 43: Outlook

    Group Overview Operations Review Financial Highlights Outlook Slide 43

  44. Slide 44: Outlook - Residential

    Outlook - Residential Impact of Property Cooling Measures Group’s Position  Anti-speculation measures may cap  Effects of the latest bout of cooling near-term demand measures on Group’s position is partially mitigated as most projects in its  Additional Buyer’s Stamp Duty portfolio are fully sold

  45. Slide 45: Outlook - Industrial / Commercial

    Outlook - Industrial / Commercial Key Demand Drivers The good take-up rates on the Group’s industrial projects are driven by the following factors:-  Low interest rate environment  Choice locations and key lifestyle elements and amenities  Wider market reach as a result of lower price quantum as

  46. Slide 46: Outlook - Hospitality

    Outlook - Hospitality Key Demand Drivers  Continued growth in visitor arrivals driven by Singapore’s reputation:-  As a safe leisure destination, with an annual line-up of international sports, arts and entertainment events  In providing world-class medical facilities and services  Of a corrupti

  47. Slide 47: Oxley Holdings Limited

    Oxley Holdings Limited Thank You

Oxley Holdings — Investor Presentation (July 2014) on 6ix