Springview Holdings Ltd · NASDAQ:SPHL
Springview — IPO Roadshow (May 2024)
21 slides from Springview's IPO roadshow presentation, May 21, 2024
Slide 1: Investor Presentation - Springview Holdings Ltd
Investor Presentation Nasdaq Proposed Ticker: SPHL (Pending Approval) Springview Holdings Ltd Issuer Free Writing Prospectus dated May [ ● ] , 2024 Filed Pursuant to Rule 433 of the Securities Act of 1933, as amended Relating to Preliminary Prospectus dated April 5, 2024 Registration Statement No. 3
Slide 2: Disclaimer
2 This presentation has been prepared by Springview Holdings Ltd (the “Company”) solely for informational purposes . The information included herein in this presentation has not been independently verified . No representations, warranties,or undertakings, express or implied, are made by the Company
Slide 3: Offering Summary
Offering Summary 3 Springview Holdings Ltd Issuer Class A Ordinary Shares, par value US$0.0001 per share Securities Initial Public Offering Offering Type Nasdaq Capital Market: SPHL Proposed Listing/Symbol 2,000,000 Class A Ordinary Shares (excluding 15% over - allotment option and 5% warrants) Secu
Slide 4: Company Overview
Company Overview 4 We design and construct residential and commercial buildings in Singapore. Operating since 2002 Our Services New Construction A dditions and Alterations (“A&A”) Reconstruction Other General Contracting Services Established a positive reputation in the busy Singapore real estate de
Slide 5: Company Overview: Customers
Company Overview 5 All the customers are individual and independent homeowners in Singapore. 7.9% 92.1% 13.3% 86.7% W ord - of - mouth referrals from our existing customers and business contacts . As we gain trust from our customers, they often refer us to their social network, or return to us for t
Slide 6: Corporate Structure
Corporate Structure 6 CHENG HOE TAN SPRINGVIEW HOLDINGS LTD (“ Springview Cayman”) ( a Cayman company) SPRINGVIEW (BVI) LTD (“ Springview BVI”) ( a BVI company) SPRINGVIEW ENTERPRISES PTE. LTD. (“ Springview Singapore”) (a Singapore company) ZHUO WANG LEE SIEW YIAN LOH MEI LIN SAMANN AVANTA (BVI) LI
Slide 7: Investment Highlights
Investment Highlights 7 Our experienced management team Our seamless solutions 1/ 2/ Our supplier and subcontractor relationships 3/ • A comprehensive range of services, such as design, construction, furniture customization and project management. • S killed in - house team of experts providing a on
Slide 8: Our Seamless Solutions: New Construction
Our Seamless Solutions 8 New Construction We possess extensive experience in assisting customers with the demolition and reconstruction of their homes, realizing their dream designs. • Clients often opt for a fresh start, enabling the creation of thoughtfully designed spaces. • We ensure a quick and
Slide 9: Our Seamless Solutions: A&A Work
Our Seamless Solutions 9 A&A Work We specialize in providing A&A work for existing structures, tailored to our customers’ requests. We prioritize our customers’ needs and align our efforts with the uniqueness of their homes. Whether it is the replacement or addition of columns, our A&A work ensures
Slide 10: Our Seamless Solutions: Reconstruction
Our Seamless Solutions 10 Reconstruction We specialize in rejuvenating a building’s aesthetics through the modernization of existing fixtures and amenities. R eplacement of typically 50%+ of gross floor area, of a residence C ertain undertakings of a less extensive nature • Replacement of an entire
Slide 11: Our Seamless Solutions: Other General Contracting Services
Our Seamless Solutions Other General Contracting Services 11 We work with our customers on their vision and budget constraints, collaborating to develop a feasible design concept. Comprehensive suite of other general contracting services: • Renovation and design consultation. • Space planning. • Bes
Slide 12: Our Experienced Management Team
Our Experienced Management Team 12 Mr. Zhuo Wang • Mr . Wang is responsible for the overall business management of Springview Holdings Ltd . • Mr . Wang is an independent director and the audit committee chair of Metal Sky Star Acquisition Corporation (Nasdaq : MSSA) since June 2021 . • Mr . Wang wa
Slide 13: Board of Directors
Board of Directors 13 Ms. Siew Yian Lee Executive Director Mr. Edward C Ye Independent Director Nominee Mr. Mikael Charette Independent Director Nominee Ms. Hung Yu Wu Independent Director Nominee • Mr . Ye currently serves as an independent director at Pheton Holdings Ltd . in Beijing since May 202
Slide 14: Our Supplier and Subcontractor Relationships
Our Supplier and Subcontractor Relationships 14 Based on the needs and situations of each project, we from time to time engage the subcontractors to help us handle the specialized parts of work. • Allows us to accomplish projects with minimal delay due to unsatisfactory work or a lack of material. •
Slide 15: Industry Overview: Competition
Industry Overview 15 We compete with contractors, interior designers, and other industry professionals for the same pool of potential customers . We believe that we are well positioned to compete in the industry because of our previously established track record . Competition Factors of Market Compe
Slide 16: Industry Overview: Market Size of Reconstruction Works
Industry Overview 16 616.5 663.3 744.6 595.8 668.4 726.5 768.1 803.3 858.2 898.6 947.7 370.1 357.8 368.7 281.7 361.1 465.7 476.0 497.8 515.0 556.9 580.8 0 500 1,000 1,500 2,000 Million SGD 2017 2018 2019 2020 2021 2022 2023E 2024E 2025E 2026E 2027E 986.6 1,021.1 1,113.3 877.5 1,029.5 1,192.2 1,244.1
Slide 17: Industry Overview: Market Size of A&A Works
Industry Overview 17 0 2,000 4,000 6,000 2017 2018 2019 2020 2021 2022 2023E 2024E 2025E 2026E 2027E 1,575.4 2,611.2 4,186.6 1,398.4 2,591.4 3,989.8 1,405.8 2,839.2 4,245.0 1,143.5 2,418.0 3,561.5 1,376.2 2,547.1 3,923.3 1,796.4 2,776.5 4,572.9 1,807.6 2,917.1 4,724.7 1,898.0 3,062.8 Million SGD 1,9
Slide 18: Growth Strategies
Growth Strategies 18 Enhance client relationships and reputation Plan to achieve this by delivering projects on time and within budget, providing excellent customer service, and ensuring customer sa ti sfaction. Invest in technology and innovation Plan to adopt advanced construction management softw
Slide 19: Financial Highlights: Revenue
Financial Highlights 19 7.22 13.35 FY2022 FY2023 Revenue 85.0% Million SGD 54.3% 26.9% 11.4% 7.4% 57.5% 12.0% 27.2% 3.4% Revenue Breakdown by Services New Construction Reconstruction A&A Other General Contracting Services FY2022 FY2023 Note: Fiscal Year Ended December 31. See offering documents for
Slide 20: Financial Highlights: Gross Profit and Net Income
Financial Highlights 20 2.05 4.64 FY2022 FY2023 Gross Profit & Margin 0.62 2.39 FY2022 FY2023 Net Income Million SGD 28.4% 34.8% Gross Margin 286.9 % Note: Fiscal Year Ended December 31. See offering documents for further risks and disclosures. There is no guarantee that any specific outcome will be
Slide 21: Contacts
Contacts 21 Univest Securities, LLC Email: info@univest.us Tel: +1 - 212 - 343 - 8888 Address: 75 Rockefeller Plaza, Suite 18C, New York, NY 10019 Underwriter Issuer Springview Holdings Ltd Email: ir@springviewggl.com Tel: +65 - 6271 - 2282 Address: 203 Henderson Road #06 - 01, Henderson Industrial