Samaiden Group Bhd · MYX:SAMAIDEN
Samaiden Group Bhd — Non-Deal Roadshow (June 2022)
34 slides from Samaiden Group Bhd's roadshow presentation, Jun 8, 2022
Slide 1: V-Next Carbon Neutrality Roadshow
SAMAIDEN GROUP BERHAD V-Next Carbon Neutrality Roadshow 8 June 2022
Slide 2: Disclaimer
Disclaimer This presentation contains certain statements that are not statements of historical fact, i.e. forward looking statements. These forward-looking statements are based on current expectations, estimates, projections, and assumptions about future events. Although Samaiden Group of Companies
Slide 3: Business Overview
Business Overview We provide end-to-end solutions for RE and Environment sectors SOLAR A Renewable Energy and Environment Solutions Provider Renewable Energy (RE) & Waste Environmental Management BIOMASS Consulting Engineering, Environmental Procurement, Operations & Construction & Maintenance BIOGA
Slide 4: Snapshot of Samaiden
Snapshot of Samaiden Experienced RE and environment solutions specialist ACE Market Market Completed Cap of 200 million Solar Company of the ~RM250 mil 200 projects CO2 reduction p.a. Year (EPCC) 2021 (as of 03.06.22) Malaysia Solar Week Leadership Awards 2021 Share price RM1.08 (as of 03.06.22) 300
Slide 5: Shareholding Structure
Shareholding Structure Founders remain as largest shareholders and continue to helm the company forward Co-founders Chudenko Institutional Public Ir. Chow Pui Hee & Fong Yeng Foon Corporation shareholders 56.56% 15.15% 7.91% 20.38% SAMAIDEN GROUP BERHAD 100% 100% 100% Samaiden Capital Samaiden Samai
Slide 6: Key Milestones
Key Milestones Becoming a leading and diversified RE specialist • Listed on the ACE Market of Bursa • Obtained the rights to use Malaysia the “MyHIJAU” Mark • Secured maiden • Secured maiden end-to- biogas development end EPCC project for a project and EPCC Registered with SEDA solar PV power plant
Slide 7: Recognised for Excellence
Recognised for Excellence Highly recognised in the RE Industry with extensive set of accolades Certifications & Licenses Awards & Accreditation 7
Slide 8: Extensive Track Record in the RE Industry
Extensive Track Record in the RE Industry Established presence across West Malaysia Broad clientele base Biomass Biogas Large Scale Solar (LSS) Net Energy Metering (NEM)
Slide 9: Our Partners
Our Partners We are able to provide competitive solutions leveraging on strong relationship with partners buySolar KVC Industrial Supplies Huawei Online marketplace that Industrial supplier providing Technology adviser; connects solar buyers and product training, stock keeping and manufacture produc
Slide 10: Completed Projects LSS2
Completed Projects Serving diverse industries and infrastructures LARGE-SCALE SOLAR PV NIBONG TEBAL, PENANG NEGERI SEMBILAN KOTA TINGGI, JOHOR 23.7 MWp 60.4 MWp 36.2 MWp LSS 1 KUALA TERENGGANU, TERENGGANU PASIR GUDANG, JOHOR KLUANG, JOHOR 6.15 MWp 31.6 MWp 20.3 MWp LSS2 10
Slide 11: Completed Projects (cont'd)
Completed Projects (cont’d) Serving diverse industries and infrastructures COMMERCIAL XINYI ENERGY SMART (MALAYSIA) A.W FABER CASTELL (M) SDN BHD) KOMPAS MURNI SDN. BHD SDN BHD 1 MWp 1 MWp 10 MWp FAIRVIEW EQUITY PROJECT SDN UNITED DETERGENT INDUSTRIES BAND WOOD SDN. BHD. BHD SDN. BHD. 441 kWp 2 MWp
Slide 12: Completed Projects (cont'd)
Completed Projects (cont’d) Serving diverse industries and infrastructures RESIDENTIAL KUALA LUMPUR KERTEH, TERENGGANU CHEMOR, PERAK 11.2 kWp 4.76 kWp 3 kWp MUAR, JOHOR PETALING JAYA, SELANGOR PETALING JAYA, SELANGOR 4 kWp 6 kWp 14.4 kWp 12
Slide 13: Completed Projects (cont'd)
Completed Projects (cont’d) Serving diverse industries and infrastructures COMMUNITY SMK USJ 23 SRJK(C) WAH LIAN SMK DAMANSARA UTAMA 5 kWp 48 kWp 5 kWp SK USJ 12 SURAU MOSQUE 4]5 kWp 12 kWp 12 kWp 13
Slide 14: Existing Projects
Existing Projects RM 409 million Robust orderbook to sustain us for the next 2 – 3 years Orderbook @ 30 April 22 SOLAR PV ROOFTOP SOLAR PV LSS3 SOLAR PV LSS4 FiT BIOMASS FiT BIOGAS Total project capacity: Total project capacity: Total project capacity: Total project capacity: Total project capacity:
Slide 15: Steady Flow of Projects
Steady Flow of Projects Recent major contract wins as below a testament of our ability to secure works amid uncertain operating environment Contracts Contract value Type Air Selangor solar SELCO PV systems RM32.8 mil Apr 2022 EPCC C&I (10.5 MWac) Mar 2022 Green RE LSS4 PV plant (15 MWac) RM56.6 mil
Slide 16: Our Value Proposition
Our Value Proposition To be the preferred RE solutions provider for customers On-time completion Proven track record in providing quality and timely completion of over 200 projects without any delays. Helmed by experienced leaders Solid track record in EPCC Managing Director Ir. Chow Pui Hee for LSS
Slide 17: Financial Performance
FINANCIAL PERFORMANCE 17
Slide 18: Closed 9MFY22 On A High Note
Closed 9MFY22 On A High Note Well on track to achieve growth for the year Revenue Net Profit (RM million) Segmental Breakdown (RM million) 97.0 RE & EC 8.5 0.2% EPCC O&M 7.5 7.3 76.2 98.5% 68.3 services 5.9 Revenue 1HFY22 1.3% 53.4 RM53.2 million (FYE EPCC - Engineering, Procurement, Construction &
Slide 19: Highlights of 3QFY22 and 9MFY22 Results
Highlights of 3QFY22 and 9MFY22 Results 3Q YoY % 9M YoY % REVENUE 43.8 97.0 (RM million) Steady growth in 386.7% 242.7% 3QFY22 and 9MFY22 driven by: 9.0 28.3 ✓ Higher number of 3QFY21 3QFY22 9MFY21 9MFY22 projects 3Q YoY % 9M YoY % undertaken during the period NET PROFIT (RM million) 4.2 102.4% 8.5
Slide 20: Sturdy Balance Sheet
Sturdy Balance Sheet Enlarging war chest for expansion plans As at As at As at (RM mil) 30 Jun 20 30 Jun 21 31 Mar 22 (Audited) (Audited) (Unaudited) Cash position to 1 enhance further as we Total Assets 32.0 78.7 149.6 completed our private Total Equity 14.7 48.7 82.7 placement exercise on 24 Febru
Slide 21: Latest Updates
LATEST UPDATES
Slide 22: Recent Key Developments
Recent Key Developments Growth plans remain uninterrupted amidst Covid-19 pandemic and global logistics bottleneck Completed private placement Chudenko emerges as new exercise raising RM25.3 million substantial shareholder with for investment in RE. 15.15% stake. Secured maiden Solar Power Entered i
Slide 23: Chudenko becomes substantial shareholder of Samaiden
Tokyo-listed engineering group Chudenko becomes substantial shareholder of Samaiden with 15.15% equity stake Development with Chudenko 15.15% 7 March 2022 • Chudenko acquired another 18.2 million ordinary shares from Mr. Fong Yeng Foon, co-founder of Samaiden, further increasing its stake to 15.15%.
Slide 24: About Chudenko Corporation
About Chudenko Corporation Robust track record in general equipment engineering and power generation industry Tokyo-listed leading Mainly involved in the Chudenko also offers engineering company based design, construction and installation and maintenance in Japan with a market maintenance of indoor
Slide 25: Business Collaboration with Chudenko
Business Collaboration with Chudenko Deriving synergistic benefits through partnership Chudenko and Samaiden inked Business Collaboration Agreement with the objective to jointly explore business opportunities in Malaysia, and outside of Malaysia in relation to: 1. Business in renewable energy projec
Slide 26: Synergistic Partnership with Chudenko
Synergistic Partnership with Chudenko To achieve mutual benefits for Samaiden and Chudenko • To further penetrate • Tapping Chudenko’s broad Malaysia and potentially business network in the ASEAN region to capitalise area of power generation on rapid growth in RE and engineering. adoption. • Open up
Slide 27: Widening Recurring Income Streams
Widening Recurring Income Streams Mitigate against external headwinds Maiden solar PPA with Enlarge RE asset portfolio and Sunway Nexis investment • 531 kWp rooftop solar PV power • Developing a 1.2 MW system biogas power plant • Sunway Nexis to purchase under build-own- electricity from Samaiden fo
Slide 28: Expanding Overseas: Vietnam
Expanding Overseas: Vietnam Established a subsidiary to explore opportunities in Vietnam - Samaiden Energy (Vietnam) L.L.C OPPORTUNITIES IN VIETNAM • Second-largest electricity consumer in Southeast Asia • Expected to become Top 10 countries with highest capacity of solar energy installed • Supporte
Slide 29: Capitalising on RE Industry Growth
CAPITALISING ON RE INDUSTRY GROWTH
Slide 30: Rapid RE Growth Globally
Rapid RE Growth Globally Forecasted growth of renewables across all regions with solar PV as the main driver Annual capacity additions of solar PV, wind and other renewables • By 2026, global RE 2020 - 2026 capacity expected to rise >60% to over 4,800 GW from 2020. • Solar PV alone accounts for almo
Slide 31: Strong RE commitment across ASEAN
Strong RE commitment across ASEAN To increase renewables mix by 2025 2025 ASEAN 23% 35% 35GW – 40GW TARGETS RE in ASEAN total RE in ASEAN installed of RE capacity energy mix power capacity to be added 23% by 2025 31% by 2025 2 GW of Solar 10% by 2030 30% by 2025 (3.6 GW) (8.5 GW) by 2030 (13GW) (<15
Slide 32: RE Market in Malaysia
RE Market in Malaysia 12MP: Malaysia to become carbon-neutral in 2050 Supported by government initiatives Share of RE in Malaysia’s New RE Requirement Government installed capacity (2023 – 2025) initiatives to boost solar growth 1,178 MW 6% Operational 1,905MW Current Residential, SARE (~1,905 MW) C
Slide 33: Poised for Growth
Poised for Growth Riding on the booming RE industry Jointly explore investment & business opportunities with Chudenko 01 To expand our RE footprint by leveraging on Chudenko’s business network and technical know- how. Foray into Vietnam market 02 We intend to bring our experience in RE to the fastes
Slide 34: Thank You
THANK YOU For any enquiries, please contact Chong at chong@samaiden.com.my 34
Samaiden Group Berhad — Non-Deal Roadshow (June 2022) on 6ix