Tuan Sing Holdings Limited · SGX:T24
Tuan Sing — Shareholder Meeting (April 2022)
37 slides from Tuan Sing's shareholder meeting presentation, April 2022
Slide 1: Annual General Meeting
L MEETING
Slide 2: Disclaimer
TUAN SING HOLDINGS LIMITED Disclaimer This presentation and the information contained herein does not constitute or form any part of and should not be constructed as any offer, invitation or recommendation tosell or issue, or any solicitation of any offer to subscribe for or purchase any securities
Slide 3: CFO Presentation
Slide 4: FY2021 Financial Performance
it TUAN SING HOLDINGS LIMITED FY2021 Financial Performance ($’m) FY2021 FY2020 Chg (%) Revenue 245.3 196.8 Gross profit 56.8 48.6 Profit before tax & fair value adj 87.5 14.7 Profit before tax 84.1 59.9 Profit after tax 81.8 58.5 Net profit attributable to shareholders 83.7 59.0 25 17 496 40 40 42 E
Slide 5: FY2021 Financial Performance by Business Segments
ith TUAN SING HOLDINGS LIMITED FY2021 Financial Performance by Business Segments Ty aa il Real Estate Investment Real Estate Development Revenue ($'M) 32.8 Hospitality 59.2 Industrial Services 37.4 [| (3.4) (3.4) 45.1 Corporate & Others 245.3 ] m= 2020 2021 Group Total Real Estate Investment Real Es
Slide 6: FY2021 Financial Performance
it TUAN SING HOLDINGS LIMITED FY2021 Financial Performance ($’m) Total Assets Total Liabilities Total Borrowings Cash and Bank Balances Shareholders’ Funds NAV per share (cents) Gross Gearing Net Gearing 31.12.21 2,764.3 1,499.9 1,352.7 405.0 1,250.2 104.0 1.07x 0.75x 31.12.20 Chg (%) 3,143.7 (12) 1
Slide 7: Dividend Record
ith TUAN SING HOLDINGS LIMITED Dividend Record CUMULATIVE PAYOUT 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 FYO9 FY10 FYI1 FY12 mmm Gross payout ($'000) STRONG DIVIDEND TRACK RECORD FY13 FY14 FY15 —— Cumulative payout ($'000) FY16 FY17 FY18 FY19 Dividend per share (Cents) 1.00 0.90 0.80
Slide 8: CEO Presentation
Slide 9: Business Updates
it TUAN SING HOLDINGS LIMITED Business Updates ¢ Real Estate Investment ° Real Estate Development ° Hospitality ¢ Other Investments
Slide 10: SINGAPORE
a4 TUAN SING HOLDINGS LIMITED SINGAPORE = + 28-storey Grade A commercial building in the heart of CBD + 6 basement Automated Guided Vehicle carpark Description » TOP obtained in January 2019 New York-based Kohn Pedersen Fox Associates as concept architect and Singapore Architects 61 as local archite
Slide 11: SINGAPORE
it TUAN SING HOLDINGS LIMITED SINGAPORE Description Location Tenure Type Net Lettable Area Average Occupancy Rate Valuation Major Tenants 5-storey commercial building on the largest plot of commercial land of 13,089 square metres along Bukit Timah Road and connected to King Al bert Park MRT. Additio
Slide 12: AUSTRALIA
it TUAN SING HOLDINGS LIMITED AUSTRALIA * Inthe “Paris End” of Collins Streetin Melbourne’s Central Business District within Grand Hyatt Mel bourne complex * 3 flagship | uxury boutique retail tenancies fronting Collins Description Street, 2 retail tenancies fronting the Grand Hyatt Melbourne porte-
Slide 13: The Grand Outlet - East Jakarta
Attist’s Impression THE FIRST INTERNATIONAL LUXURY OUTLET MALL IN INDONESIA The Grand Outlet - East Jakarta is envisioned to be a world class shopping destination, where visitors can revel in retail therapy set in green urban spaces The outlet mall aims to offer international luxury brands that sell
Slide 14: INDONESIA
td TUAN SING HOLDINGS LIMITED INDONESIA
Slide 15: Business Updates
ith TUAN SING HOLDINGS LIMITED Business Updates Real Estate Investment Real Estate Development Hospitality Other Investments 1s
Slide 16: SINGAPORE
a4 TUAN SING HOLDINGS LIMITED SINGAPORE is Residence * Within North Coast Innovation Corridor, a short drive to Woodlands Regional Centre and Punggol Creative Cluster * Designed by Ong & Ong Architects Bese La * Tuan Sing was awarded BCI Asia Top 10 Developers Award in 2018 for this project * Site a
Slide 17: SINGAPORE
ith TUAN SING HOLDINGS LIMITED SINGAPORE Mont Botanik Residence Description Equity Interest Location Tenure Estimated Planned GFA Total Units Launch Date Units Sold/Booked Estimated Completion Date Buying sentiments in the residen igher construction costs and the tight manpower Jaatist’s Impression
Slide 18: Batam Opus Bay
Description Equity Interest Location Tenure Total site area Launch Date Units Sold/Booked Estimated Completion Date Given its close proximity to Sin, 1.25 million sqmland bankin Batam Proposed integrated development consists of hotels with MICE facilities, retail, tourist facilities and attractions
Slide 19: Hainan Sanya project
+ | TUAN SING HOLDINGS LIMITED Description Equity Interest Location Tenure Total site area Estimated Completion Date A mixed-use project connected to Sanya High-Speed Railway Station Positioned as aniconiclandmark that houses commercial, residential and retail components 7.8% acquired through stake
Slide 20: Business Updates
ith TUAN SING HOLDINGS LIMITED Business Updates Real Estate Investment Real Estate Development Hospitality Other Investments 20
Slide 21: AUSTRALIA - Grand Hyatt Melbourne
it TUAN SING HOLDINGS LIMITED AUSTRALIA Grand Hyatt Melbourne Description Location Tenure Land Area Rooms Average Room Occupancy Rate Valuation* Facilities Awards in 2022 Mixed development comprising a 5-star hotel built over 34 levels with a total of 550 guestrooms and suites Within Melbourne’s Cen
Slide 22: AUSTRALIA
it TUAN SING HOLDINGS LIMITED AUSTRALIA * Integrated 5-star hotel, office, retail and parking complex with the adjacent Fortescue Centre At eastern end of Perth’s Central Business District with three road frontages to Adelaide Terrace, Plain Street and Terrace Road Description Location * 99 Adelaide
Slide 23: Business Updates
ith TUAN SING HOLDINGS LIMITED Business Updates Real Estate Investment Real Estate Development Hospitality Other Investments 23
Slide 24: OTHER INVESTMENTS - GULTECH
it TUAN SING HOLDINGS LIMITED OTHER INVESTMENTS - GULTECH * Respected manufacturer inthe printed circuit boards market * 3 manufacturing plants in China: located in Suzhou and Wuxi * Customers basein automotive, computer peripheral, consumer electronics, telecommunication, healthcareand instrument &
Slide 25: Robinson
18 Robinson
Slide 26: Resolutions & Poll Results
Slide 27: Resolution 1: Ordinary Resolution
td TUAN SING HOLDINGS LIMITED Resolution 1: Ordinary Resolution Adoption of Directors’ Statement, Audited Financial Statements for FY2021 and Independent Auditor’s Report Poll Results “For” Votes “Against” Votes Abstain Total Votes No. of Percentage No. of Percentage No. of Percentage Shares % Share
Slide 28: Resolution 2: Ordinary Resolution
td TUAN SING HOLDINGS LIMITED Resolution 2: Ordinary Resolution Payment of a first and final dividend of 0.7 cent per ordinary share for FY2021 Poll Results “For” Votes “Against” Votes Abstain Total Votes No. of Percentage No. of Percentage No. of Percentage Shares % Shares % Shares % 667,079,232 99
Slide 29: Resolution 3: Ordinary Resolution
td TUAN SING HOLDINGS LIMITED Resolution 3: Ordinary Resolution Approval of Directors’ Fees of $$406,693 for FY2021 Poll Results “For” Votes “Against” Votes Abstain Total Votes No. of Percentage No. of Percentage No. of Percentage Shares % Shares % Shares % 667,067,332 99.87 883,842 0.13 34,300 667,
Slide 30: Resolution 4: Ordinary Resolution
td TUAN SING HOLDINGS LIMITED Resolution 4: Ordinary Resolution Re-election of Mr William Nursalim alias William Liem as a Director Poll Results “For” Votes “Against” Votes Abstain Total Votes No. of Percentage No. of Percentage No. of Percentage Shares % Shares % Shares % 667,067,332 99.87 883,842
Slide 31: Resolution 5: Ordinary Resolution
ih Resolution 5: Ordinary Resolution TUAN SING HOLDINGS LIMITED Re-election of Mr Ooi Joon Hin as a Director Poll Results “For” Votes “Against” Votes Abstain Total Votes No. of Percentage No. of Percentage No. of Percentage Shares % Shares % Shares % 667,067,332 99.87 883,842 0.13 34,300 667,951,174
Slide 32: Resolution 6: Ordinary Resolution
td TUAN SING HOLDINGS LIMITED Resolution 6: Ordinary Resolution Re-appointment of Deloitte & Touche LLP as Auditors and authorisation for Directors to fix their remuneration Poll Results “For” Votes “Against” Votes Abstain Total Votes No. of Percentage No. of Percentage No. of Percentage Shares % Sh
Slide 33: Resolution 7: Ordinary Resolution
td TUAN SING HOLDINGS LIMITED Resolution 7: Ordinary Resolution Authority to allot and issue shares up to 10% of the issued shares (General Share Issue Mandate) Poll Results “For” Votes “Against” Votes Abstain Total Votes No. of Percentage No. of Percentage No. of Percentage Shares % Shares % Shares
Slide 34: Resolution 8: Ordinary Resolution
td TUAN SING HOLDINGS LIMITED Resolution 8: Ordinary Resolution Authority to allot and issue shares pursuant to the Tuan Sing Holdings Limited Scrip Dividend Scheme Poll Results “For” Votes “Against” Votes Abstain Total Votes No. of Percentage No. of Percentage No. of Percentage Shares % Shares % Sh
Slide 35: Resolution 9: Ordinary Resolution
td TUAN SING HOLDINGS LIMITED Resolution 9: Ordinary Resolution The Proposed Renewal of the Share Purchase Mandate Poll Results “For” Votes “Against” Votes Abstain Total Votes No. of Percentage No. of Percentage No. of Percentage Shares % Shares % Shares % 667,048,623 99.86 902,551 0.14 34,300 667,9
Slide 36: Resolution 10: Ordinary Resolution
td TUAN SING HOLDINGS LIMITED Resolution 10: Ordinary Resolution The Proposed Renewal of the Interested Person Transactions Mandate Poll Results “For” Votes “Against” Votes Abstain Total Votes No. of Percentage No. of Percentage No. of Percentage Shares % Shares % Shares % 28,091,926 96.89 902,551 3
Slide 37: Thank You
a TUAN SING HOLDINGS LIMITED Thank You For further information, please contact: August Consulting Alan Lee, Managing Partner Alanlee@august.com.sg William Liem Tan Choong Kiak Group Chief Executive Officer Group Chief Financial Officer william_liem@tuansing.com tan_ck@tuansing.com Peggy Lim Patrick
Tuan Sing Holdings — Shareholder Meeting (April 2022) on 6ix