Yoma Strategic Holdings Ltd. · SGX:Z59
Yoma Strategic — Shareholder Meeting (July 2014)
53 slides from Yoma Strategic's shareholder meeting presentation, Jul 25, 2014
Slide 1: Growing with Myanmar
GROWING WITH MYANMAR Annual General Meeting FY2014 25 July 2014
Slide 2: Disclaimer
DISCLAIMER The material presented herein is for your general information only and nothing herein shall be considered to be business or legal advice. No representation, warranty or recommendation whatsoever as to the merits of investing in any company, entity or financial instrument is to be read or
Slide 3: AGM Agenda
AGM AGENDA Myanmar Overview FY2014 Overview Myanmar Real Estate Overview
Slide 4: Myanmar Overview
MYANMAR OVERVIEW Serge Pun, Executive Chairman
Slide 5: Myanmar on the Rise: Chair of Asean
MYANMAR ON THE RISE Chair of Asean
Slide 6: Myanmar on the Rise: Successful SEA Games
MYANMAR ON THE RISE Successful SEA Games
Slide 7: FDI Upped to US$46 Billion
MYANMAR ON THE RISE FDI Upped to US$46 Billion
Slide 8: 11 New Concessions for Oil & Gas
MYANMAR ON THE RISE 11 New Concessions for Oil & Gas
Slide 9: Banking Licenses to Foreign Banks
MYANMAR ON THE RISE Banking Licenses to Foreign Banks
Slide 10: Yangon Stock Exchange by end of 2015
MYANMAR ON THE RISE Yangon Stock Exchange by end of 2015
Slide 11: Kyauk Phyu SEZ
MYANMAR ON THE RISE Kyauk Phyu SEZ
Slide 12: Distribution of Electricity
MYANMAR ON THE RISE Distribution of Electricity
Slide 13: 3G and 4G Services Roll Out
MYANMAR ON THE RISE 3G and 4G Services Roll Out
Slide 14: Banking Reform
MYANMAR ON THE RISE Banking Reform
Slide 15: Education
MYANMAR ON THE RISE Education
Slide 16: Yoma Strategic's Strategy
OUR STRATEGY Yoma Strategic’s Strategy
Slide 17: Conglomerate Approach Remains
OUR STRATEGY Conglomerate Approach Remains
Slide 18: Maintain Our Competitive Edge in Human Capital
OUR STRATEGY Maintain Our Competitive Edge in Human Capital
Slide 19: Leveraging on SPA and FMI Strengths
OUR STRATEGY Leveraging on SPA and FMI Strengths
Slide 20: Thilawa SEZ
OUR STRATEGY Thilawa SEZ
Slide 21: International and Local Partners
OUR STRATEGY International and Local Partners
Slide 22: Mitsubishi
OUR STRATEGY Mitsubishi
Slide 23: IFC
OUR STRATEGY IFC
Slide 24: ADB
OUR STRATEGY ADB
Slide 25: Sumitomo Corporation
OUR STRATEGY Sumitomo Corporation
Slide 26: The Hongkong and Shanghai Hotels
OUR STRATEGY The Hongkong and Shanghai Hotels
Slide 27: Harrow
OUR STRATEGY Harrow
Slide 28: Dulwich
OUR STRATEGY Dulwich
Slide 29: The Win Brothers
OUR STRATEGY The Win Brothers
Slide 30: Opportunities Abound: More Products
OPPORTUNITIES ABOUND More Products
Slide 31: Increase Land Bank
OPPORTUNITIES ABOUND Increase Land Bank
Slide 32: Opportunities Abound: Business Sectors
OPPORTUNITIES ABOUND Real Estate Agriculture Hospitality & Tourism FMCG & Logistic & Distribution Infrastructure Education Automotive
Slide 33: FY2014 Review
FY2014 REVIEW Andrew Rickards, CEO
Slide 34: FY2014 Results Highlights: Revenue Hits S$100 Million
FY2014 RESULTS HIGHLIGHTS Revenue REVENUE HITS S$100 MILLION S$’m FY2014 revenue increases over 66% year-on- 120 100.5 year to S$100.5 million 100 66.2% 80 FY2014 net profit up 67.8% to S$23.9 million 60.5 60 FY2014 net profit attributable to 40 shareholders rose 13.5% year-on-year to 20 S$1
Slide 35: FY2014 Revenue Breakdown
FY2014 REVENUE BREAKDOWN REAL ESTATE CONTINUES TO BE GROWTH DRIVER FY2013 FY2014 Others Tourism Others 4% Sales of 5% 8% Residences Sales of 45% Residences 45% Sales of LDRs Sales of 47% LDRs 46% In S$’million FY2014 FY2013 Sales of Housing Residences 45.1 27.1 and LDRs LDRs 45.8 28.2 Tourism 5.3 -
Slide 36: 1Q2015 Results Highlights
1Q2015 RESULTS HIGHLIGHTS 243% jump in net profit for 1Q2015 Revenue S$’m 20 13.9% 17.3 1Q2015 revenue increased 13.9% to 15.2 15 S$17.3 million 10 1Q2015 net profit up 127.0% to S$2.9 5 million 0 1Q2014 VS 1Q2015 1Q2015 net profit attributable to PATMI (attributable to shareholders) shareho
Slide 37: Operations Highlights: Star City
OPERATIONS HIGHLIGHTS STAR CITY Number of units sold* as at 31 Mar 2014 A3 A4 B1 B2 B5 B3 B4 Total 528 169 441 433 Sold* 528 158 401 174 Take-up 100% 93% 91% 40% Launch Date May’12 April’13 Aug’13 Dec’13 *Including those with booking deposits
Slide 38: Pun Hlaing Golf Estate
PUN HLAING GOLF ESTATE Lakeview Apartments Blocks A to F fully sold; Block G retained for rental Bamboo Grove 11 out of 12 houses sold; House Area: 6,784 sq ft Site Area: 7,910 sq ft Current Selling Price: c.US$1.1 million Rose Garden/ Lotus Garden Villas 2 out of 26 houses sold; House Area: 4,538 s
Slide 39: Luxury Tourism
LUXURY TOURISM 52.5% stake in Balloons over Bagan Developing hotels in Bagan and Pun Hlaing Golf Estate Maiden revenue contribution from Luxury Tourism to FY2014
Slide 40: Automotive
AUTOMOTIVE Mitsubishi Motors Corporation and Mitsubishi Corporation – Operating the second After-Sales Centre in Mandalay – Introduction of Mitsubishi vehicles has begun – Providing sales support for Bridgestone tyres Sumitomo Corporation – Servicing and distributing Hino brand trucks and buses
Slide 41: Agriculture & Logistics
AGRICULTURE & LOGISTICS Formation of Yoma Agricultural & Logistics Holding Pte. Ltd. (YALH) to invest in the following businesses Coffee Plantation in Maw Tin Estate with ED&F Man Investment in Dairy Production Agricultural Cold Chain Business with Kokubu & Co., Ltd Commercial Vehicle Le
Slide 42: Strategic Investments
STRATEGIC INVESTMENTS Retail FMCG • First store located in FMI Centre, Pabedan • 30% interest in ABC Group’s assets and Township of Yangon launched in May 2013 businesses Telecommunications Elevators • 20% interest in a JV with Digicel Group to • 20% interest in a JV with Mitsubishi and FMI construc
Slide 43: Recent Developments: Private Placement
RECENT DEVELOPMENTS Raised S$94.5 million in gross proceeds from successful private placement of 135 million new shares New shares were priced at S$0.70 – Represent a 7.9% discount to closing price of S$0.76 on 25 Jun 2014 Net proceeds of c.S$92.83 million expected to be utilised as follows:
Slide 44: Recent Developments: Acquisitions and Rights Issue
RECENT DEVELOPMENTS Proposed acquisition of an 80% interest in Landmark Development with the existing leases of c. 24 – 26 years for US$43.20 million – Announced on 19 November 2012 to purchase the site for US$81.28 million based on the issuance of a new master lease of 70 years – Value of US$43.2
Slide 45: Myanmar Real Estate Overview
MYANMAR REAL ESTATE OVERVIEW Cyrus Pun, Executive Director, Co-head of Real Estate
Slide 46: Upcoming New Launches: Star City Zone C
UPCOMING NEW LAUNCHES Star City Zone C High-rise buildings with Shwedagon Pagoda View Increased unit sizes and number of parking areas Fixed interior design package for purchasers Estimated units: 940 Based on the latest development plan and subject to change
Slide 47: Upcoming New Launches: Pun Hlaing Golf Estate
UPCOMING NEW LAUNCHES Pun Hlaing Golf Estate Lotus Canal View Villas – 12 detached homes Lotus Garden Place Villas – 30 semi-detached homes Lotus Terrace – 18 apartments (2 and 3 bedrooms) Lotus Hill and Lotus Golf Villa Based on the latest development plan and subject to change
Slide 48: Upcoming Real Estate Plans
UPCOMING REAL ESTATE PLANS Pun Hlaing Hotel – 48 deluxe duplex and terrace suites alongside restaurants and ancillary facilities FMI City Gates ‐ Proposed mixed-use residential and commercial building with 90 residential units and close to 20,000 sq ft of commercial leasing Star City ‐ Buildin
Slide 49: Landmark Development
LANDMARK DEVELOPMENT Mixed-use development comprising: 2 million sq ft (Gross Floor Area) 5-star hotel in iconic heritage building (Peninsula) 5-star luxury condominium building Business hotel Executive serviced apartment Grade-A office towers
Slide 50: International Partners
INTERNATIONAL PARTNERS International partners to develop Landmark to-date: IFC ADB The Hongkong and Shanghai Hotels Mitsubishi Corporation Mitsubishi Estate
Slide 51: Landmark Development
LANDMARK DEVELOPMENT
Slide 52: Landmark Development
LANDMARK DEVELOPMENT
Slide 53: Questions & Answers
QUESTIONS & ANSWERS Thank You
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