Genting Malaysia Bhd. · MYX:GENM

Genting Malaysia Bhd — CIMB 6th Annual Malaysia Corporate Day (January 2014)

21 slides from Genting Malaysia Bhd's conference presentation, Jan 8, 2014

  1. Slide 1: Corporate Presentation

    No. 58019-U Corporate Presentation CIMB 6th Annual Malaysia Corporate Day 8 January 2014 1

  2. Slide 2: Agenda

    Agenda  Introduction  Financial Highlights  Overseas Operations – United Kingdom – United States  Malaysian Operations – Resorts World Genting  Looking Ahead 2

  3. Slide 3: Overview

    Overview  Market capitalisation of approx. RM24 billion (USD7 billion)  Listed on the Malaysian Stock Exchange (Bursa Malaysia)  A component company of the KL Composite Index  Four leisure, entertainment and gaming operations • Resorts World Genting • Genting Casinos United Kingdom • Resorts Wor

  4. Slide 4: Corporate Structure – Leisure & Hospitality

    Corporate Structure – Leisure & Hospitality Genting Berhad Berhad 49.3% Leisure, hospitality, Others entertainment and gaming 17.8% 100% 1 100% 100% 2 100% 100% 70% 45% 2 100% 38.5% 1 Includes Awana Hotel 2 2 Formerly known as Awana Hotels & Resorts 4

  5. Slide 5: Financial Highlights

    SAmamenall Yliglhllicgihre & mrairnic » GENTING MALAYSIA

  6. Slide 6: Financial Performance at a Glance – YTD 3Q

    Financial Performance at a Glance – YTD 3Q  Malaysian operations • Higher volume of business and hold percentage • Lower adjusted EBITDA margin due to higher operational expenses and contributions  UK operations • Higher volume of business in London casinos offset by lower hold percentage  US ope

  7. Slide 7: Revenue and Adjusted EBITDA

    Revenue and Adjusted EBITDA Revenue by geography in 2012*: Adjusted EBITDA by geography in 2012*: * 100% Malaysia in 2008 7

  8. Slide 8: Capital Management Strategy

    Capital Management Strategy Dividend  Net dividend per share : 6.60 sen in 2012 (5-year CAGR: 6%)  Dividend payout: ↑ 13% in 3Q13  Consistent payout ratio ≈ 25% Share Buy Back  Initiated since July 2007  To date, bought back 267m shares for RM898m  4.49% of total issued capital 8

  9. Slide 9: Overseas Operations

    NEW YORK CITY

  10. Slide 10: Genting UK performance

    Genting UK performance Overview  6 London casinos + 35 provincial casinos YTD 2013 Performance  Revenue ↑ 8% y-o-y • London ↑ 5% • Provincial ↑ 14%  Visitors ↑ 7% to 3.03m (YTD 3Q12: 2.83m) * Revenue split: Provincial – 40%, London – 60% 10

  11. Slide 11: RWNYC Performance

    RWNYC Performance YTD 3Q 2013 Performance  Average Win Per Unit ↑ 16% y-o-y  Market share* of 40% (YTD 3Q12: 37%)  Visitors ↑ 16% to 9.5m (YTD 3Q12: 8.2m) * New York Statewide Video Gaming Total Net Win i) RWNYC’s YTD 3Q13 net win - USD592m (YTD 3Q12: USD508m) ii) NY Statewide YTD 3Q13 net win -

  12. Slide 12: 12

    12

  13. Slide 13: RW Bimini and Bimini SuperFast Cruise Ferry

    RW Bimini and Bimini SuperFast Cruise Ferry  Commenced operations on 28 June 2013*  70 : 30 joint venture  Total investment outlay in excess of USD200 million Artist impression  Casino capacity of ≈ 40 live table games and 250 slot machines  10 restaurants and bars  SuperFast cruise ferry sail

  14. Slide 14: Aerial view of Resorts World Genting

    Aerial view of Resorts World Genting 14

  15. Slide 15: RWG – Performance Review

    RWG – Performance Review Consistent Performance:  Revenue growth ↑ 3% y-o-y (YTD 3Q13 vs YTD 3Q12): • Higher volumes of business and hold percentage  5-year CAGR : 5%  Adjusted EBITDA ↓ 8% (YTD 3Q13 vs YTD 3Q12):  Adjusted EBITDA margin ↓ to 34% in YTD 3Q13 15

  16. Slide 16: RWG – Global Peer Comparison

    RWG – Global Peer Comparison Sources: Bloomberg and individual company websites 1 Before management and logo fees to Genting Berhad (Fx rate as at 30 September 2013) 2 1H13 only ……. Amongst the top 5 property EBITDA margins 16

  17. Slide 17: Artist impression

    Artist impression 17

  18. Slide 18: Prospects and Focus

    Prospects and Focus General Prospects  Global economy likely to continue its positive momentum  Positive longer term outlook for L & H industry Genting UK Artist impression  Focus on expanding premium players business for London casinos and grow market share in the Provincial casinos  Developmen

  19. Slide 19: Prospects and Focus

    Prospects and Focus Resorts World Bimini, Bahamas  Focus on stabilising operations  Expects to launch new luxury hotel in 2014 Resorts World Genting  Focus on yield management and further enhance operational efficiencies  Marketing strategies in place to grow mid and premium segments of the busi

  20. Slide 20: GITP Groundbreaking ceremony

    GITP Groundbreaking ceremony  Major 10-year master plan for redevelopment of RWG at Genting Highlands  Launch of the 20th Century Fox World Theme Park  Officiated by PM YAB Datuk Seri Mohd Najib Tun Razak on 17 Dec 2013 Highlights:  “Foresees Genting’s transformation plan in the integrated resor

  21. Slide 21: Thank You

    Thank You Visit us at www.gentingmalaysia.com Disclaimer Some of the statements made in this presentation which are not statements of historical facts are forward-looking statements and are based on the current beliefs, assumptions, expectations, estimates, objectives and projections of the director

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