Keong Hong Holdings Limited · SGX:5TT
Keong Hong — Investor Presentation (December 2015)
15 slides from Keong Hong's investor presentation, Dec 2, 2015
Slide 1: Keong Hong Holdings Limited
12/2/2015 KEONG HONG HOLDINGS LIMITED 1 This document has been prepared and furnished to you solely for the purpose of introducing the information set out herein. This document does not constitute or form part of any offer, solicitation, recommendation or invitation for or in relation to the securit
Slide 2: Group Overview, Singapore Business, Overseas Business, Financial Highlights, Outlook and Strategies
12/2/2015 1. Group Overview 2. Singapore Business 3. Overseas Business 4. Financial Highlights 5. Outlook and Strategies 3 Twin Waterfalls 2
Slide 3: Key Milestones and Financial Summary FY2012-FY2015
12/2/2015 October 2014 • Appointment of Intercontinental Hotels Group to manage its first hotel property in Singapore. March 2015 • Acquired 15.12% of Kori Holdings Limited. • If the Company converts its existing S$5 million convertible bond into shares of Kori, the Company will own 24.2% of Kori an
Slide 4: Group structure and principal activities
12/2/2015 Principal activities: (1) General and building contractors (2) Mixed construction activities (3) Real estate developer Keong Hong Holdings Limited (4) Hotel developer of 86 East Coast Road (5) Resorts and hotels building contractor (6) Investment holding and trading (7) Investment holding
Slide 5: Expansion into property development through joint ventures
12/2/2015 • Leveraging on our experience and expertise in the building construction sector, the Group has expanded into property development in 2012. • Our strategy to partner reputable property developers and owners to jointly undertake residential development projects enables the Group to share re
Slide 6: Construction projects and expected TOP dates
12/2/2015 Raffles Hospital’s new medical tower SkyPark Residences (expected TOP 2016) The Amore (expected TOP 2016) Parc Life EC (launching in Jan 2016) (expected TOP 2018) Raffles Hospital’s new medical tower (expected TOP 2017) J Gateway (expected TOP 2016) Paterson Collection (obtained TOP Octobe
Slide 7: Twin Waterfalls, SkyPark Residences, The Amore, Parc Life
12/2/2015 Twin Waterfalls SkyPark Residences Type Executive Condominium Type Executive Condominium Total Units 728 Total Units 506 Launch Date February 2012 Launch Date November 2013 Sales Status 100% Sales Status 92% Average Selling Price S$698 psf Average Selling Price S$793 psf Group’s Stake 20%
Slide 8: Hotel Indigo and Holiday Inn Express Singapore Katong
12/2/2015 131-room Hotel Indigo Singapore Katong 451-room Holiday Inn Express Singapore Katong Food and beverage outlets and retail shops The hotels will be managed by InterContinental Hotels Group, to be opened in 2016 Group holds 20% interest in this joint development 15 Pullman Maldives Maamutaa
Slide 9: Maldives: Kooddoo airport expansion and Mercure resort
12/2/2015 Maamutaa Airport Expansion Island Kooddoo Airport Kooddoo Island in Gaafu Alifu Atoll - expansion of the Kooddoo domestic airport, including infrastructure work for the extension of its existing runway, slated for completion by 2016 17 Kooddoo Island - 68-villa Mercure Maldives Kooddoo Res
Slide 10: Kooddoo and Maamutaa Island resorts
12/2/2015 • Located in the south of the Maldives, Kooddoo Island is just a short 55 minutes flight from Male • Mercure Kooddoo will be the only Maldivian beach resort directly accessible by domestic plane 19 Maamutaa Island - 120-villa Pullman Maldives Maamutaa Resort - hotel to commence operations
Slide 11: FY2015 financial highlights
12/2/2015 Pullman Maldives Maamutaa Resort FY2014 FY2015 S$ ‘000 Change Remarks Audited Unaudited • Growth in revenue due mainly to higher Revenue 272,881 280,289 2.7% revenue recognition from ongoing projects Gross profit 30,589 29,800 (2.6%) • Decline in gross profit margin was due mainly to highe
Slide 12: Revenue, EBITDA, NPAT and leverage charts
12/2/2015 Revenue (S$’000) EBITDA (S$’000) NPAT (S$’000) EBITDA Margin (%) 23 Debt to Tangible Net Worth Tangible Net Worth Debt to Asset EBITDA Coverage 24 12
Slide 13: Singapore Construction Industry
12/2/2015 The Amore Singapore Construction Industry • The average construction demand according to the BCA’s forecast for 2016 and 2017 is between S$27 billion to S$36 billion per annum (1). • The Government’s property cooling measures is also anticipated to continue in 2016. Any further interest ra
Slide 14: The Maldives Tourism Industry
12/2/2015 The Maldives Tourism Industry (2) - Strong demand for new resort construction as well as airport infrastructure to support the growing tourism industry - Traditional honeymoon and high-end tourists for luxury resorts will continue to grow. Recent years there has also been a steady rise in
Slide 15: Building a Sustainable Future
BUILDING A SUSTAINABLE FUTURE 12/2/2015 15
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