Genting Malaysia Bhd. · MYX:GENM

Genting Malaysia Bhd — CIMB 7th Annual Malaysia Corporate Day 2015

35 slides from Genting Malaysia Bhd's conference presentation, Jan 6, 2015

  1. Slide 1: Corporate Presentation

    No. 58019-U Corporate Presentation CIMB 7th Annual Malaysia Corporate Day 6 January 2015 1

  2. Slide 2: Agenda

    Agenda  Overview  Financial Highlights  Malaysia Operations • Resorts World Genting RW Bimini  Overseas Operations • Genting Casinos United Kingdom • Resorts World Birmingham • Resorts World Casino New York City • Resorts World Bimini & Bimini SuperFast  Looking Ahead Palm Beach Casino, GUK RWN

  3. Slide 3: Overview

    Overview GENTING MALAYSIA

  4. Slide 4: Genting Malaysia Berhad – Overview

    Genting Malaysia Berhad – Overview  Market capitalisation of approx. RM24 bil (US$8 bil)  ~ 19,000 employees  Major leisure, entertainment and gaming operations worldwide  Malaysia  United Kingdom  United States of America  Bahamas Normalised data (rebased to 100) 2014 YTD: KLCI ↓4.9% vs GENM

  5. Slide 5: Corporate Structure – Leisure & Hospitality

    Corporate Structure – Leisure & Hospitality Genting Berhad Berhad 49.3% Leisure, hospitality, Others entertainment and gaming 17.8% 100% 1 100% 100% 100% 100% 70% 44.9 % 100% 27.7% 1 Includes Awana Hotel 5

  6. Slide 6: Resorts World Genting, Malaysia

    Resorts World Genting, Malaysia  19.6m visitors in FY2013   13,000 employees   3.5m Genting loyalty card members   9,000 rooms  Adjusted EBITDA of RM1,974m in FY2013 RWG Coffee Terrace, RWG RWG …… A leading integrated leisure & entertainment resort 6

  7. Slide 7: Genting Casinos United Kingdom, UK

    Genting Casinos United Kingdom, UK  4.0m visitors in FY2013  Operates 41 casinos • 4 International Markets casinos • 37 Home Markets casinos   3,400 employees Genting Club Riverlights  Adjusted EBITDA of £47m in FY2013 Sheffield Bar, GUK Genting Casinos Coventry, GUK …… A leading casino operato

  8. Slide 8: Resorts World Casino New York City, US

    Resorts World Casino New York City, US  12.0m visitors in FY2013  Equipped with 5,000 video gaming machines and other leisure facilities   1,000 employees Liberty Bar, RWNYC  Adjusted EBITDA of US$100m in FY2013 RWNYC RWNYC …… Highest grossing slots facility by revenue in North America 8

  9. Slide 9: Resorts World Bimini & Bimini SuperFast

    Resorts World Bimini & Bimini SuperFast  70 : 30 joint venture  Experience starts in Miami aboard the Bimini SuperFast cruise ferry  Offers gaming, accommodation, leisure and entertainment in the resort and on the SuperFast cruise ferry Infinity Ocean Pool, RW Bimini   500 employees Artist Impr

  10. Slide 10: Malaysia

    Samamenall laglaliaglhre MALAYSIA 10

  11. Slide 11: Financial Performance at a Glance – YTD 3Q14

    Financial Performance at a Glance – YTD 3Q14  Malaysian operations • Overall higher volume of business despite lower VIP hold percentage  UK operations • Overall higher volume of business and positive foreign exchange movement  US operations • RWNYC adjusted EBITDA affected by higher payroll cost

  12. Slide 12: GENM – L&H Revenue Bridge

    GENM – L&H Revenue Bridge RM’mil 6,125 6,035

  13. Slide 13: GENM – L&H EBITDA Bridge

    GENM – L&H EBITDA Bridge RM’mil 1,772 1,569

  14. Slide 14: Revenue and Adjusted EBITDA

    Revenue and Adjusted EBITDA Revenue by geography in YTD 3Q14*: Adjusted EBITDA by geography YTD 3Q14*: * 100% Malaysia in 2008 14

  15. Slide 15: Capital Management Strategy

    Capital Management Strategy Dividend  Net div per share : 7.13 sen in 2013 • 5-year CAGR: 7%  YTD 3Q14 interim dividend: ↓ 7%  Consistent payout ratio  25% Share Buy Back  Initiated since July 2007  To date, bought back 268m shares for RM900m  4.51% of total issued capital 15

  16. Slide 16: Aerial view of Resorts World Genting

    Aerial view of Resorts World Genting 16

  17. Slide 17: RWG – Performance Review

    RWG – Performance Review Operational Performance:  Revenue growth • ↓ 7% y-o-y (9M14 vs 9M13) • 5-year CAGR : 3%  Adjusted EBITDA • ↓ 5% y-o-y (9M14 vs 9M13)  Adjusted EBITDA margin • ↑ 1ppt to 35% (9M14 vs 9M13) 17

  18. Slide 18: Genting Integrated Tourism Plan (GITP)

    GENTING INTEGRATED TOURISM PLAN (“GITP”) RESORTS WORLD GENTING, MALAYSIA Artist impression (subject to change) 18

  19. Slide 19: Genting Integrated Tourism Plan (GITP)

    Genting Integrated Tourism Plan (“GITP”) 17 December 2013 4 December 2014  On 17 December 2013, launched the RM5.0 billion (~US$1.6 billion) Genting Integrated Tourism Plan and Twentieth Century Fox World theme park  On 4 December 2014, introduced Sky Avenue (Premium mall) and RWG brand ambassador

  20. Slide 20: GITP – Proposed Plans

    GITP – Proposed Plans  3 new hotels (~3,000 rooms)  20th Century Fox World theme park  Sky Avenue & Sky Plaza (~450k sf)  Showroom (10,000 pax)  New cable car system (7,200 pax/hour) • Linking mid-hill to hilltop  Forecasts by 2020 • 30 million visitors to RWG • 5.8 million Genting Rewards mem

  21. Slide 21: GITP Development

    GITP Development 26 MILLION VISITORS BY 2018 New 4-star & 5-star = : hotels of up to TB eiESt PN 2,300 new rooms Twentieth . Century \ - Fox World J THEME PARK HOI | @ RM5 billion invested in upgrades New Skyway link with capacity of A 7,200 pax SKY AVENUE’ per hour =a waa @ 450,000 sq ft 11,500-sea

  22. Slide 22: Sky Avenue Launching Video

    Sky Avenue Launching Video 22

  23. Slide 23: UK, US & Bahamas

    Gp Rert ert ie GENTING CASINOS CASINO UNITED KINGDOM NEW YORK CITY yer

  24. Slide 24: A leading casino operator in the UK

    Genting Club Blackpoool, GUK Genting Club Riverlights, GUK Genting Club Sheffield, GUK …… A leading casino operator in the UK 24

  25. Slide 25: Genting UK Performance

    Genting UK Performance Overview  4 International Markets casinos + 37 Home Markets casinos Genting Club Sheffield, GUK YTD 3Q14 Performance  Revenue ↑ 3% y-o-y • International Markets ↓ 1% • Home Markets ↑ 9%  Visitors remained flat at 3 million for YTD 3Q14 * Revenue split: International markets

  26. Slide 26: RW Birmingham, UK

    RW Birmingham, UK  Located at the National Exhibition Centre, Birmingham  Investment commitment: £150 mil  Features include • Casino • 180-room hotel • Outlet shopping mall & cinema • Conference & banqueting space • Sky bar, spa & other F&B offering RW Birmingham, Artist Impression …… First integ

  27. Slide 27: Highest grossing slots facility by revenue in North America

    RWNYC …… Highest grossing slots facility by revenue in North America 27

  28. Slide 28: RWNYC Performance

    RWNYC Performance Baccarat Club, RWNYC YTD 3Q14 Performance  Average Win Per Unit ↑ 2% y-o-y  Market share* of 42% (YTD 3Q13: 40%)  Visitors: 6.5m * New York Statewide total net wins in YTD 3Q14: • RWNYC: US$603.3m (YTD 3Q13: US$591.5m) • NY Statewide: US$1.43b (YTD 3Q13: US$1.47b) RWNYC 28

  29. Slide 29: Resorts World Miami, US

    Resorts World Miami, US  US$ 500m investment  30-acres prime freehold waterfront site in downtown Miami (includes Miami Herald and OMNI Center)  Plan for a mixed-use development is currently in progress  Demolition and site preparation on the former Miami Herald site OMNI Center Location Overvie

  30. Slide 30: Casino, RW Bimini

    Casino, RW Bimini BIMINI BAHAMAS RESORT+CASINO«MARINA 30

  31. Slide 31: Resorts World Bimini & Bimini SuperFast

    Resorts World Bimini & Bimini SuperFast Guest Villas, RW Bimini  Commenced operations on 1 July 2013  Bimini SuperFast cruise ferry • Sails regularly between Miami and Bimini • Capacity of up to 1,500 pax  New deep water jetty was launched on New Luxury Hotel, RW Bimini 18 September 2014 31

  32. Slide 32: Ocean Villa, RW Bimini

    Ocean Villa, RW Bimini 32

  33. Slide 33: Prospects and Focus

    Prospects and Focus General Prospects  Global economy continues to expand at moderate and uneven pace  International tourism industry remains broadly positive in spite of the recent negative sentiments relating to air travel and virus outbreak  Cautious on near term outlook for L&H industry; posi

  34. Slide 34: Prospects and Focus

    Prospects and Focus Genting UK  Committed to further grow the International and Home Markets divisions  Resorts World Birmingham is expected to be operational by mid 2015 Resorts World Casino New York City Genting Casinos Chinatown London, GUK  Continues to enhance marketing initiatives to grow v

  35. Slide 35: Thank You

    Thank You Visit us at www.gentingmalaysia.com Disclaimer Some of the statements made in this presentation which are not statements of historical facts are forward-looking statements and are based on the current beliefs, assumptions, expectations, estimates, objectives and projections of the director

Genting Malaysia Berhad — CIMB 7th Annual Malaysia Corporate Day 2015 on 6ix