Mah Sing Group Bhd. · MYX:MAHSING
Mah Sing Group Bhd — Investor Presentation (May 2023)
21 slides from Mah Sing Group Bhd's investor presentation, May 29, 2023
Slide 1: Investor Presentation
MahsSing Investor Presentation 29 May 2023 Reinvent Spaces. Enhance Life.
Slide 2: Disclaimer
Disclaimer Reinvent Spaces. Enhance Life. This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward looking statements as a result of a number of risks, uncertai
Slide 3: Contents
Contents Ou FWN = Business Strategy Results Update Outlook Sustainability Key Takeaways Annexure Reinvent Spaces. Enhance Life. MahSing
Slide 4: Business Strategy
Reinvent Spaces. Enhance Life. Business Strategy MahSing
Slide 5: Leverage the Strength of Fast Turnaround M-Series Developments
Reinvent Spaces. Enhance Life. Leverage the “abe Strength of Fast M Centura M Vertica M Oscar Turnaround Soupa KL Chere Setapake KL Sr etang KL . RM654m GDV RM2.2bn GDV RM653m GDV RM542m GDV M-Series Developments * Strong sales traction k 6k M Luna M Adora M Aruna M Senyum * Higher turnaround Kepong
Slide 6: Product Innovations & Brand Building Reinforce Market Positioning
Product Innovations & Brand Building Reinforce Market Positioning Highly differentiated product offering: “Luxury You Can Afford” Uniquely positioned in the affordable segment
Slide 7: Right Price Points & Support from End-Financiers Key to Sales Conversion
Reinvent Spaces. Enhance Life. Right Price Points & Support from 65% End: Rinanciers won Sings Buyer Profle Rete Key to Sales Conversion : Oo : Success 96% 15% priced <RM700k y 65% priced <RMS500k 8% 6% 6% ¢ Attractive price points 36-40 4145 4650 >51 targeting the more =< RM 500K = RM 500K - RM 700
Slide 8: Launches by Year (GDV)
2023 Jan +RM0.7bn GDV 2022 +RM0.5bn GDV • 2021 +RM2.1bn GDV • • 2019 +RM1.6bn GDV
Slide 9: Gross Margin Trend
46% 45% 43% 44% 43% 43% 43% 42% 42% • 41% 40% 41% 41% 41% 40% 40% 40%^ •
Slide 10: Results Update
Reinvent Spaces. Enhance Life. Results Update MahSing
Slide 11: Q1 FY2023 Performance
Q1 FY2023 Performance Sustained strong quarterly performance Reinvent Spaces. Enhance Life. RM643m RM76m RM601m te) (0) ° +49 % yoy +35 Yo yoy +33 % yoy RM2.26bn Q1 Revenue Q1PBT Q1 Sales Unbilled Sales Revenue am PBT (rm'm) Net Gearing (times) oe __0.5x 449% yoy 042 +35% yoy 76 | Il | i i | ili Q1
Slide 12: 2023: Optimistic
Reinvent Spaces. Enhance Life. 2023: Optimistic Signs of Stronger Q1 2023 Sales Achieved Well on track to meet Momentum than RM601m Minimum RM2.2bn 2022 2023 Sales Target * Higher sales target reflects 433% yoy sot confidence in strategy & performance 450 * Overwhelming take-up for recent new launch
Slide 13: Robust Project Pipeline to Support Sales Growth in 2023
Reinvent Spaces. Enhance Life. M Astra (2nd Robust Project Pipeline 20 projects to support sales growth in 2023 Meridin East, Johor M Panora (Future Phases) _ Ms ies From RM665k +12 other projects
Slide 14: Campaign MahSing H1 2023
Reinvent Spaces. Enhance Life. H1 2023 Campaign MahSing e ce! wecured Your life is made better with worry-free homeownership. ° Fixed Interest Rates from 3.55% * Staggered payments with savings up to 30% on monthly instalments ° Attractive packages and incentives Secure Step-up Save ° Additional rew
Slide 15: Outlook
Reinvent Spaces. Enhance Life. Outlook MahSing
Slide 16: Housing Market Fundamentals Remain Positive
Housing Market Fundamentals Remain Positive BANK NEGARA MALAYSIA, (5.6%) 2020 2021 2022 2023f OPR: 3.00% Normalised to pre-Covid Calperowiir level of 3%-3.25% Healthy Employment Condition 45% 4.6% Population Young demography with a 2 median age of 30 years drives strong demand for home Source: DOSM
Slide 17: Housing Market Fundamentals Remain Positive
Housing Market Fundamentals Remain Positive Despite four rounds of Overnight Policy rate (OPR) hikes in 2022, mortgage applications & approvals and residential property transactions value were at all- time high in 2022 Reinvent Spaces. Enhance Life. Residential Mortgage Application & Approvals on In
Slide 18: Sustainability
Reinvent Spaces. Enhance Life. Sustainability MahSing
Slide 19: Progress on ESG Efforts
Progress on ESG Efforts Low VOC Rainwater paint harvesting system Automated waste collection system Green Certifications Zz = ta. WV! Fe 1,033 MWH solar power generated Emissions Management (MT co2e) ‘Scope Scope 2 2021 2022 2021 2022 e FTSE4Good Index 2015 20K e f Electricvehicle Green passivedesig
Slide 20: Key Takeaways
Key Takeaways Reinvent Spaces. Enhance Life. @ Agile and nimble business model to better respond to changing market dynamics @ Market-oriented product and brand positioning for continued strong sales traction Execution-focused and operational reliability for sustainable revenue, earnings and cash fl
Slide 21: ir@mahsing.com.my
Reinvent Spaces. Enhance Life. ir@mahsing.com.my