Pt Lippo Karawaci Tbk · IDX:LPKR
Pt Lippo Karawaci Tbk — Q1 2018 Earnings Presentation
68 slides from Pt Lippo Karawaci Tbk's earnings presentation, May 2018
Slide 1: Right Place, Right Time, Right Company
Right Place, Right Time, Right Company PT Lippo Karawaci Tbk Q1 2018 Indonesia’s Largest and Most Integrated Property Group Leaders in Integrated Developments, Hospitals, Retail Malls, Hotels and Asset Management
Slide 2: Contents
CONTENTS CORPORATE STRUCTURE 01 LARGEST & MOST INTEGRATED PROPERTY COMPANY 02 FOUR BUSINESS DIVISIONS 03 MOST RECENT FINANCIAL RESULTS 04 - 05 DIVERSIFIED LANDBANK & PROJECTS 06 - 07 MOST INTEGRATED BUSINESS MODEL 08 HIGHLY EXPERIENCED & PROFESSIONAL MANAGEMENT 09 GROWTH STRATEGIES 10 OUR PORTFOLIO
Slide 3: Corporate Structure
CORPORATE STRUCTURE OTHER MAJORITY SHAREHOLDERS LIPPO RELATED COMPANIES > 5% PUBLIC < 5% 63.48% 5.32%. 31.20 % As of 31 Mar 2018 No of Floating Shares : 22,771,585,119 Code : LPKR.JK ; LPKR IJ 51,05% 54,4% 62,7% 100% PT SILOAM INTERNATIONAL PT LIPPO CIKARANG TBK PT GOWA MAKASSAR TOURISM PT BOWSPRIT
Slide 4: Largest & Most Integrated Property Company
LARGEST & MOST INTEGRATED PROPERTY COMPANY Largest listed property Company by Revenue and Total Assets. Revenue and Total Assets as per Q1 2018: USD 182 million and USD 4.2 billion, respectively. Fastest growing Indonesian real estate group market cap grew by more than 4x to USD 805 million1 since t
Slide 5: LPKR Four Business Divisions
LPKR FOUR BUSINESS DIVISIONS DEVELOPMENT REVENUE RECURRING REVENUE RESIDENTIAL AND ASSET URBAN DEVELOPMENT HOSPITALS COMMERCIAL MANAGEMENT Development rights: 33 hospitals in 24 cities Malls: Manages 2 public with 6,800 beds capacity Own and/or manage listed REITs in SGX : 8,087 ha under the Siloam
Slide 6: Revenue & EBITDA Contribution
REVENUE & EBITDA CONTRIBUTION REVENUE EBITDA Q1’18: Rp 2.503 Trillion Q1’18: Rp 470 Billion 24% 19% 36% 58% 10% 25% 8% 20% Residential & Urban Development Commercial Hospitals Asset Management Source : Company as of Q1’18 04
Slide 7: Income Statements: Q1'2018 and Q1'2017
INCOME STATEMENTS: Q1’2018 AND Q1’2017 REVENUE Q1’18: RP 2.503 TRILLION EBITDA Q1’18: RP 470 BILLION REVENUE Q1’17: RP 2.648 TRILLION EBITDA Q1’17: RP 555 BILLION Rp bn Rp bn 250 1.600 1.447 1.412 200 1.400 200 181 168 1.200 150 1.000 819 117 800 99 608 91 94 100 600 75 400 253 234 50 195 183 200 -
Slide 8: Most Diversified Landbank and Projects
MOST DIVERSIFIED LANDBANK AND PROJECTS INDONESIA Grand Palladium Medan Sun Plaza Plaza Medan Fair Aryaduta Hotel Manado Lippo Plaza Medan Siloam Hospitals Manado Siloam Hospitals Medan Monaco Bay Binjai Supermall Holland Village Manado Aryaduta Hotel Medan Aryaduta Hotel Pekanbaru Siloam Hospitals S
Slide 9: Most Diversified Landbank and Projects: Greater Jakarta
MOST DIVERSIFIED LANDBANK AND PROJECTS PROJECTS IN GREATER JAKARTA Jakarta Population : 12 million1 N Greater Jakarta Population : 30 million1 JAVA SEA Pluit Village NORTH JAKARTA International Airport WEST JAKARTA Soekarno Hatta St. Moritz Gajah Mada Plaza Lippo Mall Puri Holland Village Metropolis
Slide 10: Most Integrated Business Model in Indonesian Property Sector
MOST INTEGRATED BUSINESS MODEL IN INDONESIAN PROPERTY SECTOR DEVELOPERS PROPERTY OPERATIONS Majority of Indonesian Developer, Operator and Majority of Indonesian Developers REIT & Portfolio Developers Managers REITs Integrated Projects Development Across Property Proven Experience & Income Value Cha
Slide 11: Highly Experienced & Professional Management
HIGHLY EXPERIENCED & PROFESSIONAL MANAGEMENT BOARD OF COMMISSIONERS: Theo L. Sambuaga Surjadi Soedirja Agum Gumelar Farid Harianto H. Sutiyoso Chairman Vice Chairman BOARD OF DIRECTORS: Ketut Budi Wijaya Tjokro Libianto Chan Chee Meng Alwi Sjaaf Richard Setiadi Wijaya Subekti* President Director *Ne
Slide 12: Growth Strategies
GROWTH STRATEGIES RESIDENTIAL AND ASSET HOSPITALS COMMERCIAL URBAN DEVELOPMENT MANAGEMENT Enhance value of our Deliver as promised on our RETAIL MALLS hospital expansion program Deliver a significant landbank through various whilst further enhancing our Execute on planned pipeline growth in scale in
Slide 13: A New Visionary City
RESIDENTIAL & URBAN DEVELOPMENT A New Visionary City Redefining The Meaning of Beautiful Modern City 250.000 New Housing for 1.000.000 communities 11
Slide 14: Residential & Urban Development: Surrounded by Fortune Companies
RESIDENTIAL & URBAN DEVELOPMENT SURROUNDED BY FORTUNE 500 COMPANIES 4.000 MULTINATIONAL COMPANIES 1 MILLION CAR PRODUCTION / YEAR 10 MILLION MOTORCYCLES PRODUCTION / YEAR 12.000 EXPATRIATES JAKARTA BANDUNG 12
Slide 15: New Infrastructures
RESIDENTIAL & URBAN DEVELOPMENT 6 New Infrastructures PATIMBAN DEEP SEAPORT LRT CAWANG –BEKASI TIMUR – CIKARANG EST. VALUE : Rp 40 T EST. VALUE : Rp 3,2 T EST. COMPLETION : 2019 (PARTIAL) EST. COMPLETION : 2019 KERTAJATI INTERNATIONAL AIRPORT APM (MONORAIL) CONNECTING EST. VALUE : Rp 23 T 7 INDUSTRI
Slide 16: Residential & Urban Development: Capacities
RESIDENTIAL & URBAN DEVELOPMENT 200,000 PEOPLE CAPACITIES International Exhibition & Convention Center Central Taman Kota Park 100 Ha 4 Layers Coherent Internal Road Networks Indonesian Silicon Valley World Class • Industrial Research Center • Malls 300,000 sqm • National Library • Top 3 Universitie
Slide 17: Meikarta Under Construction
MEIKARTA UNDER CONSTRUCTION 15
Slide 18: Meikarta: Launched in May 2017
MEIKARTA : LAUNCHED IN MAY 2017 SOLD (AS OF 31 MAR 2018) Launched Date 13 May 2017 American American Style Asian Style Marketing Sales Rp 1,9 trillion Style Total Units 5.806 Area (sqm) 261.954 Est. ASP/ sqm Rp 6,8 - 7,8 mn PAYMENT PROFILE Cash 10 % Mortgage 71 % Installment 19 % European Style Mode
Slide 19: Lippo Village and Lippo Cikarang
RESIDENTIAL & URBAN DEVELOPMENT LIPPO VILLAGE IN KARAWACI, WEST OF JAKARTA LIPPO CIKARANG, EAST OF JAKARTA Existing CBD Industrial Industrial Landbank Meikarta EJIP (Sumitomo) BIIE (Hyundai) Existing Residential Existing Industrial Development Rights Land already acquired Landbank inventory Developm
Slide 20: Tanjung Bunga and San Diego Hills
RESIDENTIAL & URBAN DEVELOPMENT TANJUNG BUNGA, MAKASSAR, SOUTH SULAWESI SAN DIEGO HILLS MEMORIAL PARK AND FUNERAL HOME Development Rights Land already acquired Landbank inventory Master Plan Land already acquired Landbank inventory 1,500 ha 651 ha 289 ha 500 ha 125 ha 90 ha (+ 14 ha family center &
Slide 21: A Landmark Project – South Jakarta
A LANDMARK PROJECT – SOUTH JAKARTA (FIRST LAUNCHED ON JULY 2007) SOLD (AS OF 31 MAR 2018) THE THE BLOOMINGTON THE RITZ THE EMPIRE COSMOPOLITAN THE THE INFINITY COSMOPOLITAN THE INTERCON 98% 97% 100% Rp 482 bio Rp 483 bio Rp 352 bio 100% completion 100% completion 100% completion THE THE TIFFANY RITZ
Slide 22: Total Land Area: 11.4 Ha
TOTAL LAND AREA : 11.4 Ha (FIRST LAUNCHED ON AUGUST 2008) NEW ROYAL ROYAL SOLD (AS OF 31 MAR 2018) SUITE SUITE PRESIDENTIAL AMBASSADOR ROYAL SUITES NEW SUITES SUITES AMBASSADOR SUITE 96% 99% 98% AMBASSADOR SUITE Rp 449 bio Rp 357 bio Rp 367 bio 100% completion 100% completion 100% completion Hotel &
Slide 23: Pre-Sold Projects Under Construction (2011-2013)
PRE-SOLD PROJECTS UNDER CONSTRUCTION (LAUNCHED IN 2011- 2013) OFFICE TOWER THE NINE RESIDENCE PARK VIEW APARTMENTS HOLLAND VILLAGE LIPPO THAMRIN AT THE ST. MORITZ SOUTH JAKARTA DEPOK CENTRAL JAKARTA CENTRAL JAKARTA WEST JAKARTA 21
Slide 24: Pre-Sold Projects Under Construction (2014)
PRE-SOLD PROJECTS UNDER CONSTRUCTION (LAUNCHED IN 2014) ST. MORITZ PANAKUKANG EMBARCADERO BINTARO OFFICE TOWER AT HILLCREST+ FAIRVIEW MAKASSAR WESTERN WING, TANGERANG HOLLAND VILLAGE, JAKARTA LIPPO VILLAGE HOLLAND VILLAGE SECOND PHASE EMBARCADERO BINTARO IRVINE + WESTWOOD CENTRAL JAKARTA EASTERN WIN
Slide 25: Pre-Sold Projects Under Construction (2015-2016)
PRE-SOLD PROJECTS UNDER CONSTRUCTION (LAUNCHED IN 2015-2016) PASADENA SUITES MONACO BAY HOLLAND VILLAGE BURBANK GLENDALE PARK NEWPORT PARK CBD Meikarta, MANADO, MANADO, CBD Meikarta, CBD Meikarta, CBD Meikarta, LIPPO CIKARANG NORTH SULAWESI NORTH SULAWESI LIPPO CIKARANG LIPPO CIKARANG LIPPO CIKARANG
Slide 26: Mature Hospitals
26 Mature Hospitals SILOAM HOSPITALS LIPPO VILLAGE SILOAM HOSPITALS CIKARANG TANGERANG (West of Jakarta) BEKASI (East of 308 Bed Capacity JCIA Jakarta) 164 Bed Capacity 274 Operational Beds 118 Operational Beds 257 GP and Specialists 86 GP and Specialists 370 Nurses 144 Nurses Centre of Excellence :
Slide 27: Developing Hospitals
27 Developing Hospitals SILOAM GENERAL HOSPITAL (RSUS) SILOAM HOSPITALS PALEMBANG TANGERANG (West of Jakarta) SOUTH SUMATERA 640 Bed Capacity 357 Bed Capacity 300 Operational Beds 150 Operational Beds 127 GP and Specialists 128 GP and Specialists 202 Nurses 155 Nurses Centre of Excellence : Emergenc
Slide 28: Developing Hospitals
28 Developing Hospitals SILOAM HOSPITALS MEDAN SILOAM HOSPITALS LABUAN BAJO NORTH SUMATERA EAST NUSA TENGGARA 356 Bed Capacity 124 Bed Capacity 117 Operational Beds 88 Operational Beds 114 GP and Specialists 24 GP and Specialists 117 Nurses 66 Nurses Centre of Excellence : Emergency & Trauma Centre
Slide 29: Distinct Market Segment Hospitals
29 Distinct Market Segment Hospitals SILOAM HOSPITALS BALI BIMC KUTA BALI BALI 281 Bed Capacity JCIA 19 Bed Capacity 124 Operational Beds 18 Operational Beds 131 GP and Specialists 43 GP and Specialists 179 Nurses 62 Nurses Centre of Excellence : Treatment for tourists, Centre of Excellence : Treatm
Slide 30: New Hospitals
30 New Hospitals SILOAM HOSPITALS BUTON GRHA ULTIMA MEDIKA SOUTHEAST SULAWESI WEST NUSA TENGGARA 140 Bed Capacity 69 Bed Capacity 80 Operational Beds 40 Operational Beds 32 GP and Specialists 45 GP and Specialists 83 Nurses 61 Nurses Centre of Excellence : Emergency Centre of Excellence : Emergency
Slide 31: New Hospitals
31 New Hospitals SILOAM HOSPITALS BANGKA BELITUNG SILOAM HOSPITALS BEKASI TIMUR BANGKA BELITUNG ISLANDS BEKASI (East of Jakarta) 412 Bed Capacity 56 Bed Capacity 33 Operational Beds 32 Operational Beds 40 GP and Specialists 41 GP and Specialists 49 Nurses 52 Nurses Centre of Excellence : Emergency C
Slide 32: Hospital in Jember (operational in April 2018)
32 Hospital in Jember (operational in April 2018) FAÇADE MAIN LOBBY C EMERGENCY DEPARTMENT IN PATIENT DEPARTMENT 30
Slide 33: Clinics
33 CLINICS MERTANADI - BALI SILIGITA - BALI BALIKPAPAN BEKASI CIANJUR JABABEKA - CIKARANG ROBSON - CIKARANG BONA INDAH - JKT C MERUYA- JAKARTA CISOKA - TANGERANG CYBERPARK - TNGR GADING SERPONG GRAHA RAYA - TNGR HARKIT - TANGERANG PERMATA - TNGR LABUAN BAJO 16 operational Clinics located in Bali, Ba
Slide 34: For Completion in 2018
34 For Completion in 2018 <100 Bed Capacity >100 Bed Capacity BANJARMASIN GUNUNG SAHARI AMBON KELAPA DUA SEMARANG HOO PALANGKA RAYA TEGALREJO C 32
Slide 35: For Completion in 2019
35 For Completion in 2019 <100 Bed Capacity >100 Bed Capacity BEKASI GRAND MALL BATU LIPPO MALL BANJARMASIN DARHAM SEMARANG SRONDOL MANADO KAIRAGI NINE RESIDENCE SORONG C SURABAYA CITO TORAJA SEMINYAK 33
Slide 36: Progress in Licensing
36 PROGRESS IN LICENSING Licensing Process In order to be able to fully commission a new hospital, we have to go through a licensing process involving local governments and provincial health departments. This process involves more than 40 licenses and can be summarized into 6 most critical licenses.
Slide 37: Dominant Position in Retail Development & Property Management
DOMINANT POSITION IN RETAIL DEVELOPMENT & PROPERTY MANAGEMENT MANAGES 48 MALLS THROUGHOUT INDONESIA 3.4 million sqm GFA As of Mar 31, 2018 : Overall average occupancy 89% and 94% in LMIRT properties Pipeline Malls: LIPPO MALL PURI PX PAVILLION WARUNG BUNCIT, SOUTH JAKARTA LIPPO PLAZA KEBUN RAYA
Slide 38: Manages 9 Hotels Throughout Indonesia
MANAGES 9 HOTELS THROUGHOUT INDONESIA As of Mar 31, 2018 : Overall average occupancy 71% HOTEL ARYADUTA HOTEL ARYADUTA HOTEL ARYADUTA HOTEL ARYADUTA HOTEL ARYADUTA LIPPO VILAGE (192 rooms) JAKARTA (302 rooms) MEDAN (197 rooms) PEKANBARU (158 rooms) MANADO (200 rooms) HOTELS UNDER ARYADUTA MANAGEME
Slide 39: Asset Management
ASSET MANAGEMENT UNIQUE FOR AN INDONESIAN PROPERTY COMPANY 100% 100% 100% 100% 100% PT ARYADUTA PT BOWSPRIT BOWSPRIT LMIR TRUST PT LIPPO MALLS INTERNATIONAL ASSET CAPITAL MANAGEMENT INDONESIA MANAGEMENT CORPORATION 27.72% LTD 29.99% MANAGEMENT LTD ASSET MANAGER HOTEL OF DIRE MALL BOWSPRIT REIT MANAG
Slide 40: First REIT Portfolio
Managed by Bowsprit Capital Corporation Limited, First REIT’s portfolio consists of 20 properties located in Indonesia, Singapore and South Korea Manages 15 Siloam Hospitals and 2 Aryaduta Hotels in Indonesia As of Mar 31, 2018 : Annualised DPU : SGD 8.72 cents Share Price (SGD) Portfolio Size (
Slide 41: LMIRT: Manages 23 Retail Malls and 7 Retail Spaces
MANAGES 23 RETAIL MALLS AND 7 RETAIL SPACES As of Mar 31, 2018 : Annualised DPU: SGD 2.68 cents Share Price (SGD) Portfolio Size (SGD mn) Dividend Yield (%) 0,45 1.960 12,0 1.949 0,4 0,4 0,385 1.940 0,37 9,7 1.920 10,0 0,34 1.920 9,2 0,35 0,32 8,6 1.900 8,1 0,3 8,0 7,0 1.880 0,25 1.868 1.860 6,0 0
Slide 42: Financial Performance
@2LIPPO FINANCIAL PERFORMANCE
Slide 43: Balance Sheet
BALANCE SHEET AS OF 31 DECEMBER (unless otherwise stated) Mar Rp Trillion 2017 2016 2015 2014 2018 TOTAL ASSET 57.638 56.772 45.604 41.327 37.773 TOTAL LIABILITIES 27.713 26.912 23.529 22.410 20.152 TOTAL EQUITY 22.871 22.829 18.572 16.394 15.588 TOTAL DEBT 13.851 13.837 13.663 12.365 9.997 CASH AND
Slide 44: Debt Maturity Profile
DEBT MATURITY PROFILE Debt Profile USD million Coupon rate Coupon rate 7% pa 6.75% pa 450 400 10% 350 10% 300 410 425 250 425 410 425 80% 200 150 100 92.9 57.7 USD Bonds 31.9 50 9.5 15.3 USD Bank Loans IDR Bank Loans 0 2018 2019 2021 2022 2023 2024 2026 Source: Company as of Q1’2018 CTLI : Rp 17.85
Slide 45: Attractive Asset Value
ATTRACTIVE ASSET VALUE Ownership (%) Land Area (ha) Assets Value (Rp bn) URBAN DEVELOPMENT: Lippo Village 100 408 28.783 Lippo Cikarang 54,4 622 16.045 Tanjung Bunga 62,7 192 2.610 San Diego Hills 100 93 2.581 Micro Suburbs 100 20 352 1) SUB TOTAL 50.371 LARGE SCALE INTEGRATED DEVELOPMENT: City of T
Slide 46: Property Marketing Sales
PROPERTY MARKETING SALES (in Rp bn) FY 2015 FY 2016 FY 2017 Q1 2017 Q1 2018 Budget 2018 Residential 3.039 973 7.951 291 2.069 11.162 Low Rise 1.129 573 227 147 124 593 High Rise 1.910 400 7.724 144 1.945 10.569 Commercial 127 - 63 4 1 250 Industrial 279 75 78 3 6 100 Unique Product SDH 178 154 138 3
Slide 47: Appendices
@2LIPPO APPENDICES
Slide 48: Lippo Group
LIPPO GROUP TMT RETAIL REAL ESTATE Technology – Multimedia – Telecommunications Hypermart Matahari Dept Township Commercial Malls Healthcare Multimedia IT Services & Financial UPH Foundation Store / Int Devt Other Services TMT Stores Nationwide • Largest modern • 33 Hospitals - Leading privately • 6
Slide 49: Indonesia: Attractive Growing Market
INDONESIA: ATTRACTIVE GROWING MARKET Economic Indicators 2018 2016 2017 State Budget Economic Growth (%) 5.02 5.07 5.4 Inflation Rate (%) 3.02 3.61 3.5 Exchange Rate (Rp/USD) 13,307 13,384 13.400 3 Month SBI (%) 5.7 4.98 5.2 Oil Price (USD/bbl) 40,2 51,2 48 Oil Lifting (k bbl/day) 829 803,9 800 Sour
Slide 50: Indonesia Property Sector Has Room to Grow
INDONESIA PROPERTY SECTOR HAS ROOM TO GROW ASIA PACIFIC PROPERTY Rapid urbanisation Growing middle–class RENTAL YIELD Strong savings and income growth INDONESIA 8,61% Low mortgage penetration Property as investment PHILLIPINES 6,13% Improving regulatory environment THAILAND 5,13% Banki
Slide 51: Property Foreign Ownership
PROPERTY FOREIGN OWNERSHIP LAND TITLES AVAILABLE : 1. Freehold : may be held by Indonesian citizens only (not even by fully Indonesian- owned companies). 2. Right to Build (renewable leasehold) : may be held by Indonesian citizens and any company established in Indonesia for an initial 30 years. 3.
Slide 52: New LTV Regulation and Luxury Tax
NEW LTV REGULATION AND LUXURY TAX New LTV Regulation takes effect in Aug 2016: Property Type First Mortage Second Mortgage Third Mortgage Old New Old New Old New Landed House Land > 70 sqm 80% 85% 70% 80% 60% 75% Land 22-70 sqm - - 80% 85% 70% 80% Apartment Area > 70 sqm 80% 85% 70% 80% 60% 75% Area
Slide 53: Overview of Jakarta's Condominium Market
OVERVIEW OF JAKARTA’S CONDOMINIUM MARKET Source : Q1’2018 Jones Lang LaSalle Research 51
Slide 54: Overview of Jakarta's Retail Market
OVERVIEW OF JAKARTA’S RETAIL MARKET Source : Q1’2018 Jones Lang LaSalle Research 52
Slide 55: Overview of Jakarta's Office Market - CBD Area
OVERVIEW OF JAKARTA’S OFFICE MARKET - CBD AREA Source : Q1’ 2018 Jones Lang LaSalle Research 53
Slide 56: Overview of Jakarta's Office Market - non CBD Area
OVERVIEW OF JAKARTA’S OFFICE MARKET – non CBD AREA Source : Q1 2018 Jones Lang LaSalle Research 54
Slide 57: Indonesia - Severely Underserved Healthcare Market
Indonesia - Severely Underserved Healthcare Market Beds and Doctors Beds Doctors /1,000 OECD Average = 4.93 /1,000 OECD Average = 3.14 population population 3,50 3,00 238,373 beds v. Global: Shortage of 229,491 beds (1) 70,655 doctors 2,79 v. OECD: Shortage of 977,189 beds (1) v. Global: Shortage of
Slide 58: Indonesia Healthcare Landscape
INDONESIA HEALTHCARE LANDSCAPE Population Growth Primary Care Accessibility Now = 240 Million 2040 = 360 Million Now = 8,300 2040 = 12,000 Universal Coverage Health Spend USD 20 Bn USD 640 Bn 58% 100% Coverage Coverage Now= 140 Million 2017 = 264 Million Now = 2.5% of GDP (USD 800 Bn) 2040 = 8% of G
Slide 59: Market Drivers & Restraints in Indonesia's Healthcare Sector
MARKET DRIVERS & RESTRAINTS IN INDONESIA’S HEALTHCARE SECTOR MARKET DRIVERS A large Longer life population expectancy The Universal base with a and a epidemiological health booming population transition has insurance 2015 economy, pyramid presented coverage would emerging increasing Indonesia’s give
Slide 60: Hospitals in Indonesia
HOSPITALS IN INDONESIA No OWNER 31 Dec 12 31 Dec 13 31 Dec 14 31 Dec 15 31 Dec 16 31 Dec 17 31 Mar 18 1 MOH 32 33 34 36 33 33 33 2 PROVINCE 89 96 98 113 120 136 138 GOVERNMENT 3 MUNICIPAL 88 92 93 98 97 97 97 GOVERNMENT 4 DISTRICT GOVERNMENT 444 455 463 469 480 497 510 5 ARMY / POLICE 155 159 170 17
Slide 61: Comparison Health Statistics
COMPARISON HEALTH STATISTICS Indonesia Vietnam Malaysia Singapore South Korea India China Australia USA UK Hospital beds per 10,000 pops 9 20 19 20 103 7 38 39 29 29 Physician per10,000 pops 2 12 12 20 21 7 19 33 25 28 Health Professionals per 10,000 pops 16 24 47 76 79 28 32 157 118 112 Life expect
Slide 62: Lippo Karawaci's Milestones
LIPPO KARAWACI’S MILESTONES August Corporate Actions December May October November Non Pre- April Rp 2.2 tn equity deal 3rd Rights Issue of which CVC invested August emptive Rights USD 100 mn bonds LMIRT was listed of 4.32 bn new USD150 mn bonds 15% stake in SILO Issuance issuance, at the rate in SG
Slide 63: Lippo Karawaci's Milestones
LIPPO KARAWACI’S MILESTONES Corporate Developments July August January October May Launched Launched January Opened Px Pavilion at Launched July Kemang Village, Launched St Moritz Holland Village a large scale St Moritz, as part of Panakukang, an integrated Holland Village Second Phase Started integ
Slide 64: Latest Awards
LATEST AWARDS Lippo Cikarang received Lippo received Lippo Karawaci received Lippo Cikarang received Indonesia Green Award 2018 Lippo received Lippo Cikarang received Top Ten Developer in Indonesia Property Award 2018 Indonesia Property Award 2018 in the category of pioneer in Best Innovation 100 Fa
Slide 65: Share Price Performance
SHARE PRICE PERFORMANCE Closing Price (Rp) Volume (Shares) 1.800 1.400.000.000 1.700 1.600 1.200.000.000 1.500 1.400 1.300 1.000.000.000 1.200 1.100 1.000 800.000.000 900 800 600.000.000 700 600 500 400.000.000 400 300 200.000.000 200 100 - - Jan-10 Jun-10 Dec-10 Jun-11 Dec-11 Jun-12 Dec-12 Jun-13 D
Slide 66: Top 20 Listed Companies by Trading Value
TOP 20 LISTED COMPANIES BY TRADING VALUE MOST ACTIVE STOCKS Jan-Mar 2018 50 Most Active Stocks by Trading Volume No. Listed Stocks Total Trading Trading Days Volume % Value (IDR) Freq. (x) 1 Hanson International Tbk. [S] 57.010.109.400 7,33 7.248.754.554.431 145.300 62 2 Rimo International Lestari T
Slide 67: Investor Relations
INVESTOR RELATIONS William Wijaya Utama (Senior Manager) email :William.Utama@lippokarawaci.co.id Address : Menara Matahari, 22nd Floor 7 Boulevard Palem Raya Lippo Village Tangerang 15811 Banten – Indonesia telp.+62 21 25669000 fax. +62 21 25669098 website : www.lippokarawaci.co.id 65
Slide 68: Disclaimer
DISCLAIMER This presentation has been prepared by PT Lippo Karawaci Tbk (“LPKR”) and is circulated for the purpose of general information only. It is not intended for any specific person or purpose and does not constitute a recommendation regarding the securities of LPKR. No warranty (expressed or i