Yoma Strategic Holdings Ltd. · SGX:Z59
Yoma Strategic — Corporate Update (March 2014)
32 slides from Yoma Strategic's corporate update, Mar 11, 2014
Slide 1: Business Update Briefing
BUSINESS UPDATE BRIEFING 11 March 2014
Slide 2: Disclaimer
Disclaimer The material presented herein is for your general information only and nothing herein shall be considered to be business or legal advice. No representation, warranty or recommendation whatsoever as to the merits of investing in any company, entity or financial instrument is to be read or
Slide 3: Executive Summary
Executive Summary Proposed International Education Facilities Real Estate ‐ Future Real Estate Projects Agriculture and Logistics Use of Proceeds 3
Slide 4: International Education Facilities
INTERNATIONAL EDUCATION FACILITIES
Slide 5: Education
Education Myanmar used to have some of the best educational institutions in Asia (Rangoon University, Medical School, etc) – Quality of schools have fallen behind other countries Yoma Strategic has decided to enter the field of education – Satisfy local and expat demand – Increase attractiveness
Slide 6: Star City
Star City New international school by Yoma Strategic and Education Index Management Ltd (EIM), overseen by Dulwich College International with Dulwich College in London as educational adviser - Full service school with modern facilities catering for ages 2 to 18 - Yoma Strategic will be the landlor
Slide 7: Dulwich College
Dulwich College Founded in 1619 by Edward Alleyn Academically selective boys’ school in South London - top 15% of the UK academic range One of UK’s most prestigious independent (private) schools with largest overseas network – five international schools and two high school programmes in China,
Slide 8: Pun Hlaing Golf Estate
Pun Hlaing Golf Estate Enter into an MOU with Harrow International Management Services (HIMS) to manage an Early Years Centre on a 4-acre site HIMS is a premier educational group that has entered into a partnership with Harrow School UK to establish and run Harrow International School- branded i
Slide 9: Harrow School
Harrow School One of the leading schools in Britian founded in 1572 under a Royal Charter granted by Queen Elizabeth I Famous Old Harrovians include: Winston Churchill and six other British Prime Ministers, the first Prime Minister of India, Pandit Nehru, King Hussein of Jordan and 23 princes of
Slide 10: Market key drivers
Market key drivers Significant growth for the international private-school market across all segments Out of an estimated 8.5 million school-age children in Myanmar, only 3,200 students enrolled in five premium international schools with a total market value of less than US$25 million Market c
Slide 11: Real Estate
REAL ESTATE 11
Slide 12: Future Real Estate Projects
Future Real Estate Projects FMI City Gate Sites - 2 plots of land (1.345 acres) at FMI City, Hlaing Tharyar Township, Yangon - FMI City was one of the Group’s first residential developments in Yangon and is already established in the community - Proposed mixed-use residential and commercial buildi
Slide 13: Future Real Estate Projects
Future Real Estate Projects FMI City FMI City Gate Sites Pun Hlaing Golf Estate Landmark Star City Development site 13
Slide 14: Agriculture & Logistics
AGRICULTURE & LOGISTICS
Slide 15: Agriculture & Logistics
Agriculture & Logistics Proposed Partnership with IFC Formation of Yoma Agricultural & Logistics Holding Pte. Ltd. (YALH) to invest in the following businesses – Coffee Plantation in Maw Tin Estate with ED&F Man – Investment in Dairy Production – Agricultural Cold Chain Business with Kokubu – Co
Slide 16: Synergies in Agriculture
Synergies in Agriculture Coffee and Milk Cold Chain Commercial Production Businesses Vehicle Leasing Creating Synergies Partners with strong track records Source: ED&F MAN, Kokubu, Tetra Pak, Company 16
Slide 17: IFC
IFC International Finance Corporation (IFC), a member of the World Bank Group, which has a $50 billion portfolio of investment commitments spanning nearly 2,000 companies in 126 countries Being the largest global development institution, it has high social, environmental and corporate governance
Slide 18: Coffee
Coffee Conditional JV with ED&F Man (EDFM) ‐ To plant and produce lowland Robusta coffee in Maw Tin Estate • To plant a total of 3,700 acres by Year 4 ‐ YALH will hold 85% and EDFM will hold 15% ‐ EDFM intends to guarantee the off-take of the whole crop ‐ Expected investment over 4 years: • Total:
Slide 19: Coffee
Coffee Consumption for coffee has been rising with the consumption in emerging markets and exporting markets driven by economic growth Price of Robusta coffee per metric tonne rose by +9.2% between Sept’13 and Feb’14 and is trading at US$2,115 in Feb’2014 Robusta: Daily Weight Averages at US$ pe
Slide 20: About ED&F Man - Volcafe
About ED&F Man - Volcafe Volcafe is a wholly-owned subsidiary of ED&F Man Zone Americas/ Europe Zone Africa/ Asia •Volcafe Winterthur •Volcafe Japan •Golluecke and Rothfos, Germany •Cofi Com, Australia •Volcafe Iberia •ED&F Man Shanghai •Volcafe, France •Volcafe Specialty USA •Volcafe USA •Volcafe S
Slide 21: Dairy
Dairy MOU with FMI and PMM Partners Limited (“PMM”) to jointly supply ultra heat treated (UHT) dairy products to the local Myanmar market ‐ YALH will hold 40%, FMI 50% and PMM Partners 10%. ‐ Wide outreach via proposed tie-up with the Myanmar Government to supply UHT milk to school children ‐ Expe
Slide 22: China Milk Consumption
China Milk Consumption China UHT Dairy & Beverage growth evolution White Milk, Flavored Milk and Lactic Acid Drinks as key drivers 15 X 10 X 5X 1X 0 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 1998 – 2000 2001 – 2004 2005 – 2008 2009 – 2012 CAGR 20% 3% 39% 19% 11% Sour
Slide 23: Vietnam Milk Consumption
Vietnam Milk Consumption Vietnam UHT Dairy & Beverage growth evolution White Milk as key driver 80 X 70 X 60 X 50 X 40 X 30 X 20 X 10 X -1X 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 1997 – 2000 2001 – 2004 2005 – 2008 2009 – 2012 CAGR 33% 59% 35% 17% 24% Source
Slide 24: India Milk Consumption
India Milk Consumption India UHT Dairy & Beverage growth evolution White Milk and Juice as key drivers 8X 7X 6X 5X 4X 3X 2X 1X 0 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 1997 – 2000 2001 – 2004 2005 – 2008 2009 – 2012 CAGR 14% -7% 23% 15% 20% Source : Euromonit
Slide 25: Dairy Take-off Zone
Dairy Take-off Zone Consumption of staple foods (e.g., milk) historically enters “take-off zone” at US$1,000 GDP per capita Source : Tetra Pak
Slide 26: Dairy Take-off Zone
Dairy Take-off Zone Myanmar GDP indicates a similar tipping point for take-off as China, Vietnam and India in 2000 Country China India Vietnam Myanmar Population 2000 1,264 1,006 79 47 (million) 2013 1,350 1,221 92 55 GDP per capita 2000 2,480 1,703 1,516 403 (US$) 2010 6,207 2,861 2,721 1,199 2013
Slide 27: Expert in the field
Expert in the field The dairy business will be overseen by Neil R. Macintyre. Neil has extensive experience in the commercialisation of innovation in dairy consumer consumer products. He started his career in 1985 and amongst other things, founded the following companies: – ANZ (Asia New Zealand)
Slide 28: Cold Chain Business with Kokubu
Cold Chain Business with Kokubu MOU with Kokubu & Co., Ltd (“Kokubu”) and FMI - To establish cold storage and logistics facilities in Myanmar - To service the inefficient supply chain in Myanmar’s vast agriculture industry for farmers to better store and transport produce - Initially to build two
Slide 29: About Kokubu
About Kokubu Established in 1712, Kokubu is one of the largest companies in Japan engaging in the food distribution business Kokubu has about 600,000 product assortment and distribute to 35,000 outlets and has presence in Japan In addition to Japan, Kokubu currently operate their logistics and
Slide 30: Commercial Vehicle Leasing
Commercial Vehicle Leasing Yoma Fleet Limited ‐ Established in Jan 2014 and operates vehicle lease and rental business ‐ First 3 contracts signed in Feb 2014 with >US$1.5m orders for buses, tractors and trucks ‐ Yoma’s interest in Yoma Fleet will be transferred to YALH Source: Company 30
Slide 31: Use of Proceeds of Placement in November 2012
Use of Proceeds of Placement in November 2012 S$ S$ Placement proceeds raised 101.2 Working capital purposes (5.00) Real Estate - China (1) (17.2) Real Estate – Myanmar (2) (36.8) Automotive (3.6) Luxury Travel & Tourism (17.0) FMCG (3) (4.20) Telecoms (4) (3.90) General Investments (5) (6.40) (94.0
Slide 32: Questions & Answers
YOMA STRATEGIC HOLDINGS LTD. Questions & Answers
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