Memiontec Holdings Ltd. · SGX:TWL
Memiontec — Investor Presentation (June 2021)
28 slides from Memiontec's investor presentation, June 2021
Slide 1: Preferred Partner for Total Wastewater & Water Management Solutions in Asia
Preferred Partner for Total Wastewater & Water Management Solutions in Asia Corporate Presentation June 2021
Slide 2: Disclaimer
DISCLAIMER This presentation may contain forward-looking statements that involve risks and This presentation has been prepared by Memiontec uncertainties. Holdings Ltd. and its contents have been reviewed by the Company’s sponsor, ZICO Capital Pte. Ltd. (the “Sponsor”), in accordance with Rule 226(2
Slide 3: Outline
OUTLINE 1. Overview 2. Synergistic Business Model “Memiontec shall march into our NEXT 3. Regional Presence LAP to continue to grow rapidly, sustainably and profitably to enhance 4. Financial Highlights shareholder value for the mid to long- 5. Prospects term.” TAY KIAT SENG 6. Business Strategies &
Slide 4: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS 1 Total wastewater & water management solutions provider in Asia with a proven track record of more than 28 years 2 Diverse & established customer base in various core industries 3 Synergistic business model with a geographically diversified business presence across Asia 4
Slide 5: Key Facts
1. OVERVIEW Key Facts Corporate Profile Order Book • Memiontec Holdings Ltd (“Memiontec” or “the Company”, and together with its subsidiaries, “the Group”) is a Singapore-based one-stop total solution water Unaudited Order Book as at 30 Apr 21 Total treatment company with over 20 years of experience
Slide 6: Track Record for More Than 29 Years
1. OVERVIEW Track Record for More Than 29 Years 11 Commissioned 1st BOOT project Commenced Expanded sales Upgraded to ME11 L5 BCA Built award-winning Singapore SME 1000 Awarded S$33.2M operations in overseas contractor registration Semakau floating Ranked Companies contract by PUB – Tuas Singapore w
Slide 7: Our Integrated Solutions
1. OVERVIEW Our Integrated Solutions A One-Stop Integrated Water Technology Total Solution Provider Pure / Ultrapure Meet local government FEED SOURCE Waste Water Water Quality discharge water requirement Rivers CUSTOMERS Lakes • Agro Wells • Power Plant Reservoirs • Real Estate Wastewater Discharge
Slide 8: Awards & Certifications
1. OVERVIEW Awards & Certifications High Safety Standards • ISO 45001:2018 • bizSAFE Star Quality Assurance • ISO 9001: 2015 Material Licences • BCA - ME02, ME05, ME11 and SY05 (Singapore) • BCA - General Builder Class 1 (Singapore) • Class B2 and B1 Class construction service licence (Indonesia) ©
Slide 9: Established Customer Base
2. OVERVIEW Established Customer Base SINGAPORE INDONESIA CHINA & GLOBAL Public Sector Public Sector M i c r o e l e c t ro n i c s , M a n u fa c t u r i n g , F o o d & O t h e r I n d u st r i e s M i c r o e l e c t ro n i c s , O i l & G a s , Po we r, Re f i n er y, Pa l m O i l & F o o d M a
Slide 10: Intangible Assets
1. OVERVIEW Intangible Assets Trade Secrets and Technical Know-How Partnerships and Networks ✓ Proprietary customised management information systems and ✓ Contractual agreements (joint venture) with Jakpro that associated programmable logic controllers for the provides access to the sole licence to
Slide 11: Experienced Management Team
1. OVERVIEW Experienced Management Team MR TAY KIAT SENG MS SOELISTYO DEWI SOEGIHARTO Executive Chairman and CEO Managing Director Mr Tay co-founded Memiontec in 1992 with Managing Director Ms Soelistyo Ms Dewi co-founded Memiontec in 1992 with Executive Chairman and CEO Mr Dewi Soegiharto. He has o
Slide 12: Synergistic Business Model
2. SYNERGISTIC BUSINESS MODEL TSEPC of water OMS of water treatment Harnessing Opportunities treatment plants plants ✓ Water/wastewater treatment ✓ Ongoing services for water Across the Entire Value Chain solutions plants owned, built and Project ✓ ✓ Water recycling solution Seawater treatment and ✓
Slide 13: Regional Presence: Singapore
3. REGIONAL PRESENCE Singapore In November 2019, NEA wins Global Engineering Award for Semakau Offshore Landfill Memiontec was the Contractor for for Engineering Construction Excellence the Project © MEMIONTEC 2021
Slide 14: Regional Presence: Indonesia
3. REGIONAL PRESENCE Indonesia 1 BOOT 1 2 TOOT • Hutan Kota, Jakarta. • Waduk Pluit, Jakarta. 3 • Under operations - 25 yrs from • Under operations - 25 yrs from Nov Dec 2019. 2018. Pekan Baru • Our interest: 40%. • Our interest: 40%. Jambi 3 BOOT 2 Palembang Makassar 1 2 BOOT/TOOT • Pekan Baru, Sou
Slide 15: Indonesia: Hutan Kota, Jakarta
3. REGIONAL PRESENCE Indonesia 1st Location: Hutan Kota, Jakarta • BOOT Project • Construction completed: August 2019 • Our Interest: 40% (PT JUP: 60%) • Concessionary period: 20 + 5 years from 2019 • Water selling price: Subject to adjustment every 2 years • Sales of water: Since December 2019 • Ca
Slide 16: Indonesia: Waduk Pluit, Jakarta
3. REGIONAL PRESENCE Indonesia 2nd Location: Waduk Pluit, Jakarta • TOOT Project • Upgrading completed: 2018 • Our Interest: 40% (PT JUP: 60%) • Capacity: up to 2,500 m3/day • Concession period: 25 yrs from 2018 • Sales of water: Since November 2018 © MEMIONTEC 2021
Slide 17: Indonesia: Pekanbaru, Riau Province
3. REGIONAL PRESENCE Indonesia 3rd Location: Pekanbaru, Riau Province • BOOT Project • Construction period: 2021 to 2026 • Our Interest: 15% (PT PP: 80%, PT EP: 5%) • Concessionary period: 25 years from 2021 • Sale of water: From 2021 (Existing facility), 2026 (New facility) • Capacity: Existing fac
Slide 18: Financial Highlights: Historical Financial Performance
4. FINANCIAL HIGHLIGHTS Historical Financial Performance POST LISTING DIVIDENDS 34.61 0.2 0.185 1.00% 35 29.31 0.82% 0.80% Singapore Dollars (‘million) 30 0.15 0.115 24.46 0.60% 25 0.1 0.51% 20.83 0.40% 20 0.05 16.07 0.20% 15 0 0.00% 10 FY2019 FY2020 5.87 Dividends (Singapore cents/share) 5 4.59 1.9
Slide 19: Strong Financial Position
4. FINANCIAL HIGHLIGHTS Strong Financial Position FINANCIAL POSITION (S$ million) FY2020 FY2019 FINANCIAL POSITION: TOTAL ASSETS – INCREASED by S$15.4m: Cash and bank balances 14.53 4.90 • INCREASE in CASH & BANK BALANCES by S$9.63m from IPO proceeds and bank borrowings. Total assets 37,464 22.07 •
Slide 20: Prospects: Singapore
5. PROSPECTS Singapore WATER DEMAND TO ALMOST DOUBLE BY 2060 FROM CURRENT 430 MILLION GALLONS PER DAY(8) MUNICIPAL SECTOR: To increase water recycling & desalination capacity to supply 85% of water needs by 2060(9) COLLECTING WATER Water catchment areas will cover To maintain, upgrade and expand 90%
Slide 21: Prospects: Indonesia
5. PROSPECTS Indonesia Indonesia’s Present & Future Water Demand (m3/s) Nearly 1 of 2 Over 70% of the Present Future DEMAND Indonesians lack population rely on potentially Clean water supply needs – Jakarta(2) 27 (2017) 41.6 (2030) FOR CLEAN access to safe water(1) contaminated sources(1) WATER Urba
Slide 22: Business Strategies & Future Plans
1. BUSINESS 6. OVERVIEWSTRATEGIES & FUTURE PLANS Scaling up M&A Collaborations Expansion into Build-own-operate-transfer (BOOT) / Transfer-own-operate-transfer (TOOT) projects Our Focus on Tender for higher value TSEPC projects: next lap – Municipal --> 30M to ===> 100M with reputable clients Sustai
Slide 23: Business Strategies & Future Plans
6. BUSINESS STRATEGIES & FUTURE PLANS 1 EXPANSION IN EXISTING MARKETS 2 EXPANSION INTO NEW GEOGRAPHICAL SINGAPORE MARKETS • Public tenders for larger scale projects. • Southeast Asia, and beyond, with strong • Industrial projects in TSEPC space for MNCs. demand for water. • OMS services – Semi-condu
Slide 24: Strategic Focus on PPP Infrastructure Projects
6. BUSINESS STRATEGIES & FUTURE PLANS STRATEGIC FOCUS ON PPP INFRASTRUCTURE PROJECTS Government or Government Linked Agency BOOT/TOOT agreements of more than 20 years Principal and Equity support/JVA Project interest payments Sponsor Company Lenders (Memiontec Group) (Co-owned by Memiontec) Financin
Slide 25: Moving Ahead
MOVING AHEAD SGD’ million Revenue Order Book 60.0 55.0 Unaudited Order Book as at 30 Apr 2021 Total 50.0 Estimated execution in S$ million Revenue 45.0 47.0 S$93 45.0 million Jan-Apr May-Dec Beyond 40.0 2021 2021 2022 2022 34.6 Indonesia Singapore 0.1 15.8 29.2 47 20.8 93 35.0 29.3 50% 50% 24.5 0.1
Slide 26: Summary
SUMMARY ✓ Proven track record of ✓ Healthy book order with ✓ Sustainable growth in almost 30 years with strong balanced geographical financial performance customer base mix ✓ 5-year Revenue CAGR of ESTABLISHED ✓ Experienced directors & HEALTHY ✓ Diverse industries and POSITIVE 21% senior management
Slide 27: Questions & Answers
Preferred Partner for Total Wastewater & Water Management Solutions in Asia QUESTIONS & ANSWERS If there are any other queries, please contact the Company’s IR Consultant: Mr Alex Tan / Mobile: +65 9451 5252 / Email: alex.tan@8prasia.com Corporate Presentation June 2021
Slide 28: Footnotes
FOOTNOTES 1.The information was extracted from the press release titled "Six Million Indonesians Will Gain Access to Water at Home" of the World Bank at https://www.worldbank.org/en/news/press- release/2018/06/06/six-million-indonesians-will-gain-access-to-water-at-home, last accessed on 2 December
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