Drb-hicom Bhd. · MYX:DRBHCOM
Drb-hicom Bhd — Shareholder Meeting (May 2023)
18 slides from Drb-hicom Bhd's shareholder meeting presentation, May 29, 2023
Slide 1: Questions & Answers for Minority Shareholder Watch Group (MSWG)
DRB-HICOM NN 29 MAY 2023 QUESTIONS & ANSWERS FOR MINORITY SHAREHOLDER WATCH GROUP (MSWG)
Slide 2: Question 1: PROTON international sales expansion
Operational and Financial Matters Question 1: International sales were the area of the biggest growth for PROTON in 2022. With 5,406 units exported, the total volume grew by 79% as South Africa joined the list of export markets. (page 125 of AR2022). What are the Group’s plans for expanding internat
Slide 3: Answer 1: PROTON export plans and RHD hub for Geely
Operational and Financial Matters Answer (1) : PROTON plans to grow its international sales by expanding presence through mixture of Completely Built-Up (“CBU”) and Completely Knocked Down (“CKD”) strategies in various strategic locations, including Central Asia and re-entering Thailand and Indonesi
Slide 4: Question 2: DEFTECH orderbook
Operational and Financial Matters Question 2: In 2022, DRB-HICOM Defence Technologies Sdn. Bhd. (“DEFTECH”) registered a profit before tax of RM59 million on the back of a 231% increase in revenue following the completion of its key project the AV8 Gempita. DEFTECH remains optimistic having won tend
Slide 5: Answer 2a: DEFTECH outstanding contracts value
Operational and Financial Matters Answer (2a) : DEFTECH’s total outstanding value of contracts is approximately RM100 million including maintenance and repair for the AV8 Gempita. 5
Slide 6: Question 2b: AV8 Gempita maintenance contract duration
Operational and Financial Matters Question (2b) : What is the contract duration for the maintenance and repair for the AV8 Gempita? 6
Slide 7: Answer 2b: Contract duration to June 2025
Operational and Financial Matters Answer (2b) : The contract is for three (3) years from 1 July 2022 until 30 June 2025. 7
Slide 8: Question 2c: Defence segment tenders submitted
Operational and Financial Matters Question (2c) : What is the total value of tenders submitted for the defence segment? 8
Slide 9: Answer 2c: Active defence tenders
Operational and Financial Matters Answer (2c) : Total value of active tenders submitted is approximately RM29 million to supply operation vehicles for Royal Malaysian Air Force. Other previous tender submissions were not successful due to competitive pricing and MINDEF’s decision to re-tender the pr
Slide 10: Question 3: CTRM outstanding contracts
Operational and Financial Matters Question 3: Composites Technology Research Malaysia Sdn. Bhd.’s (“CTRM”) earning was RM560 million in 2022, albeit 45% lower than its pre-pandemic range. (page 112 of AR2022) (a) To-date, what is CTRM’s total outstanding value of contracts? 10
Slide 11: Answer 3a: CTRM contracts value
Operational and Financial Matters Answer (3a) : CTRM’s total outstanding value of contracts is approximately RM6.6 billion from 2023 to 2038, inclusive of the RM3.4 billion latest contracts as reported during the visit of Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz to
Slide 12: Question 3b: Aerospace segment tenders
Operational and Financial Matters Question (3b) : Given the resurgence of activities in the aviation industry, what is the total value of tenders submitted for the aerospace segment? 12
Slide 13: Answer 3b: Aerospace tenders submitted
Operational and Financial Matters Answer (3b) : The total value of active tenders submitted for the aerospace segment is approximately RM1.1 billion, pending customers’ decision. 13
Slide 14: Question 4: HDSB sales from OEM new launches
Operational and Financial Matters Question 4: HICOM Diecasting Sdn. Bhd. (“HDSB”) recorded higher sales due to increased passenger car demand throughout the year. However, the target for 2022 was not met because of the original equipment manufacturers (“OEM”) delaying their new project launches (pag
Slide 15: Answer 4: Mass production of delayed projects
Operational and Financial Matters Answer (4) : The mass production of the delayed projects had commenced towards later part of FY2022 and will contribute positively to the FY2023 financial results. 15
Slide 16: Question 5: HDSB quotations and EV components
Operational and Financial Matters Question 5: In 2022, HDSB received 48 requests of quotations from local and global customers which provided the chance to explore opportunities and increase its value proposition. (page 133 of AR2022) Based on the 48 requests of quotations from customers, how many q
Slide 17: Answer 5: EV quotations and success rate
Operational and Financial Matters Answer (5) : Based on 48 requests of quotations, 4 are related to EV components. HDSB success rate of securing orders is approximately 25% due to competitive edge and pricing. 17
Slide 18: DRB-HICOM
DRB-HICOM