PT Lippo Karawaci Tbk · IDX:LPKR
PT Lippo Karawaci Tbk — 9M 2016 Earnings Presentation
65 slides from PT Lippo Karawaci Tbk's earnings presentation, November 2016
Slide 1: Right Place, Right Time, Right Company
Right Place, Right Time, Right Company PT Lippo Karawaci Tbk 9M 2016 Indonesia’s Largest and Most Integrated Property Group Leaders in Integrated Developments, Hospitals, Retail Malls, Hotels and Asset Management
Slide 2: Contents
CONTENTS CORPORATE STRUCTURE 01 LARGEST & MOST INTEGRATED PROPERTY COMPANY 02 FOUR BUSINESS DIVISIONS 03 MOST RECENT FINANCIAL RESULTS 04 - 05 DIVERSIFIED LANDBANK & PROJECTS 06 - 07 MOST INTEGRATED BUSINESS MODEL 08 HIGHLY EXPERIENCED & PROFESSIONAL MANAGEMENT 09 GROWTH STRATEGIES 10 OUR PORTFOLIO
Slide 3: Corporate Structure
CORPORATE STRUCTURE LIPPO RELATED COMPANIES CREDIT SUISSE AGSG TRACCL MPU PUBLIC 25.46% 5.25% 69.29 % As of 30 Sept 2016 No of Outstanding Shares : 23,077,689,619 Code : LPKR.JK ; LPKR IJ 61,8% 54,4% 59,8% 100% PT SILOAM INTERNATIONAL PT LIPPO CIKARANG TBK PT GOWA MAKASSAR TOURISM PT BOWSPRIT ASSET
Slide 4: Largest & Most Integrated Property Company
LARGEST & MOST INTEGRATED PROPERTY COMPANY Largest listed property Company by Revenue and Total Assets. Revenue and Total Assets for 9M’2016: USD 571 million and USD 3.5 billion, respectively. Fastest growing Indonesian real estate group market cap grew by more than 9x to USD 1.8 billion1 since the
Slide 5: Four Business Divisions
FOUR BUSINESS DIVISIONS DEVELOPMENT REVENUE RECURRING REVENUE RESIDENTIAL AND ASSET URBAN DEVELOPMENT HOSPITALS COMMERCIAL MANAGEMENT Development rights: 23 hospitals with more Malls: Manages 2 public than 5,100 beds capacity Own and/or manage listed REITs in SGX : 8,087 ha under the Siloam 44 malls
Slide 6: Revenue & EBITDA Contribution
REVENUE & EBITDA CONTRIBUTION REVENUE EBITDA 9M’16: Rp7,425 Trillion 9M’16: Rp1,701 Trillion 32% 41% 28% 52% 9% 17% 7% 14% Residential & Urban Development Commercial Hospitals Asset Management Source : Company as of 9M’2016 04
Slide 7: Income Statements: 9M'2016 and 9M'2015
INCOME STATEMENTS: 9M’2016 AND 9M’2015 REVENUE 9M’16: RP 7,425 TRILLION EBITDA 9M’16: RP 1,701 TRILLION REVENUE 9M’15: RP 6.759 TRILLION EBITDA 9M’15: RP 1,815 TRILLION Rp bn Rp bn 4.500 1.200 1.056 4.000 3.824 1.000 3.500 2.771 3.013 3.000 800 2.412 702 2.500 600 2.000 482 412 1.500 400 280 1.000 6
Slide 8: Most Diversified Landbank and Projects
MOST DIVERSIFIED LANDBANK AND PROJECTS INDONESIA Grand Palladium Medan Sun Plaza Plaza Medan Fair Aryaduta Hotel Manado Lippo Plaza Medan Siloam Hospitals Manado Siloam Hospitals Medan Monaco Bay Binjai Supermall Holland Village Manado Aryaduta Hotel Medan Aryaduta Hotel Pekanbaru Siloam Hospitals S
Slide 9: Most Diversified Landbank and Projects: Greater Jakarta
MOST DIVERSIFIED LANDBANK AND PROJECTS PROJECTS IN GREATER JAKARTA Jakarta Population : 12 million1 N Greater Jakarta Population : 30 million1 JAVA SEA Pluit Village NORTH JAKARTA International Airport WEST JAKARTA Soekarno Hatta St. Moritz Gajah Mada Plaza Lippo Mall Puri Holland Village Metropolis
Slide 10: Most Integrated Business Model in Indonesian Property Sector
MOST INTEGRATED BUSINESS MODEL IN INDONESIAN PROPERTY SECTOR DEVELOPERS PROPERTY OPERATIONS Majority of Indonesian Developer, Operator and Majority of Indonesian Developers REIT & Portfolio Developers Managers REITs Integrated Projects Development Across Property Proven Experience & Income Value Cha
Slide 11: Highly Experienced & Professional Management
HIGHLY EXPERIENCED & PROFESSIONAL MANAGEMENT BOARD OF COMMISSIONERS: BOARD OF DIRECTORS: Theo L. Sambuaga Surjadi Soedirja Ketut Budi Wijaya Agum Gumelar Tjokro Libianto Chairman Vice Chairman Lee Heok Seng* President Director Farid Harianto H. Sutiyoso Muladi Jenny Kuistono Johanes Jany Alwi Sjaaf
Slide 12: Growth Strategies
GROWTH STRATEGIES RESIDENTIAL AND ASSET HOSPITALS COMMERCIAL URBAN DEVELOPMENT MANAGEMENT Enhance value of our Deliver as promised on our RETAIL MALLS hospital expansion program Deliver a significant landbank through various whilst further enhancing our Execute on planned pipeline growth in scale in
Slide 13: Residential & Urban Development: Lippo Village
RESIDENTIAL & URBAN DEVELOPMENT LIPPO VILLAGE AT KARAWACI, JAKARTA WEST Artist Impression Total Area Development Area Green Area Development Rights Land already acquired Landbank inventory 125 ha 132 ha 71 ha 3,066 ha 1,184 ha 283 ha Planned Development Development Period Residential Total Towers Bu
Slide 14: Residential & Urban Development: Lippo Cikarang
RESIDENTIAL & URBAN DEVELOPMENT LIPPO CIKARANG, JAKARTA EAST Glendale Park Westwood Suites (505 units) Pasadena Suites (435 units) (419 units) Burbank Suites (560 units) Irvine Suites (441 units) Burbank Suites (560 units) Artist Impression Total Area Development Area Open Area Development Rights La
Slide 15: Residential & Urban Development: Tanjung Bunga, San Diego Hills
RESIDENTIAL & URBAN DEVELOPMENT TANJUNG BUNGA, MAKASSAR, SOUTH SULAWESI SAN DIEGO HILLS MEMORIAL PARK AND FUNERAL HOME Development Rights Land already acquired Landbank inventory Master Plan Land already acquired Landbank inventory 1,500 ha 643 ha 290 ha 500 ha 125 ha 91 ha (+ 14 ha family center &
Slide 16: A Landmark Project – South Jakarta
A LANDMARK PROJECT – SOUTH JAKARTA (FIRST LAUNCHED ON JULY 2007) THE COSMOPOLITAN THE INFINITY SOLD (AS OF 30 SEPTEMBER 2016) THE BLOOMINGTON THE THE INTERCON THE RITZ THE EMPIRE COSMOPOLITAN THE TIFFANY 98% 97% 97% Rp 438 bio Rp 388 bio Rp 340 bio THE RITZ 100% completion 100% completion 100% compl
Slide 17: Lippo Puri Landmark Project Sales
TOTAL LAND AREA : 11.4 Ha (FIRST LAUNCHED ON AUGUST 2008) PRESIDENTIAL SUITE (140 units) ROYAL SOLD (AS OF 30 SEPTEMBER 2016) AMBASSADOR SUITE SUITE NEW ROYAL (144 units) (231 units) SUITE PRESIDENTIAL AMBASSADOR (197 units) ROYAL SUITES NEW PRESIDENTIAL SUITES SUITES SUITE (159 units) 96% 97% 98% R
Slide 18: Pipeline Projects
PIPELINE PROJECTS NEWPORT PARK URBAN HOMES ORANGE COUNTY, LIPPO VILLAGE LIPPO CIKARANG Tentative Launch : Nov 2016 Tentative Launch : Dec 2016 SGA : 28,933 sqm Land Area : 1.3 Ha Total Units : 554 Total Units : 2,520 (2 towers) 16
Slide 19: Pre-Sold Projects Under Construction (Launched 2011-2013)
PRE-SOLD PROJECTS UNDER CONSTRUCTION (LAUNCHED IN 2011- 2013) OFFICE TOWER THE NINE RESIDENCE PARK VIEW APARTMENTS HOLLAND VILLAGE LIPPO THAMRIN AT THE ST. MORITZ SOUTH JAKARTA DEPOK CENTRAL JAKARTA CENTRAL JAKARTA WEST JAKARTA 17
Slide 20: Pre-Sold Projects Under Construction (Launched 2014)
PRE-SOLD PROJECTS UNDER CONSTRUCTION (LAUNCHED IN 2014) ST. MORITZ PANAKUKANG EMBARCADERO BINTARO OFFICE TOWER AT HILLCREST+ FAIRVIEW MAKASSAR WESTERN WING, TANGERANG HOLLAND VILLAGE, JAKARTA LIPPO VILLAGE HOLLAND VILLAGE SECOND PHASE EMBARCADERO BINTARO IRVINE + WESTWOOD CENTRAL JAKARTA EASTERN WIN
Slide 21: Pre-Sold Projects Under Construction (Launched 2015)
PRE-SOLD PROJECTS UNDER CONSTRUCTION (LAUNCHED IN 2015) PASADENA SUITES MONACO BAY HOLLAND VILLAGE BURBANK GLENDALE PARK ORANGE COUNTY, MANADO, MANADO, ORANGE COUNTY, ORANGE COUNTY, LIPPO CIKARANG NORTH SULAWESI NORTH SULAWESI LIPPO CIKARANG LIPPO CIKARANG 19
Slide 22: Mature Hospitals
22 Mature Hospitals SILOAM HOSPITALS LIPPO VILLAGE SILOAM HOSPITALS BALIKPAPAN TANGERANG (West of Jakarta) EAST KALIMANTAN 308 Bed Capacity JCIA 232 Bed Capacity 274 Operational Beds 165 Operational Bed 238 GP and Specialists 113 GP and Specialists 391 Nurses 162 Nurses Centre of Excellence : Cardio
Slide 23: Developing Hospitals
23 Developing Hospitals SILOAM HOSPITALS CIKARANG SILOAM GENERAL HOSPITAL (RSUS) BEKASI (East of Jakarta) TANGERANG (West of Jakarta) 114 Bed Capacity 640 Bed Capacity 108 Operational Beds 300 Operational Beds 93 GP and Specialists 52 GP and Specialists 162 Nurses 228 Nurses Centre of Excellence : O
Slide 24: Developing Hospitals
24 Developing Hospitals SILOAM HOSPITALS PALEMBANG SILOAM HOSPITALS MEDAN SOUTH SUMATERA NORTH SUMATERA 357 Bed Capacity 356 Bed Capacity 150 Operational Beds 75 Operational Beds 136 GP and Specialists 103 GP and Specialists 171 Nurses 82 Nurses Centre of Excellence : Gastroenterology & Centre of Ex
Slide 25: Distinct Market Segment Hospitals
25 Distinct Market Segment Hospitals SILOAM HOSPITALS BALI BIMC KUTA BALI BALI 281 Bed Capacity 19 Bed Capacity 110 Operational Beds 18 Operational Beds 122 GP and Specialists 51 GP and Specialists 195 Nurses 64 Nurses Centre of Excellence : Treatment for tourists, Centre of Excellence : Treatment f
Slide 26: New Hospitals
26 New Hospitals SILOAM HOSPITALS LABUAN BAJO SILOAM HOSPITALS SAMARINDA EAST NUSA TENGGARA EAST KALIMANTAN 124 Bed Capacity 34 Bed Capacity 60 Operational Beds 10 Operational Beds 20 GP and Specialists 34 GP and Specialists 64 Nurses 18 Nurses Centre of Excellence : Emergency Centre of Excellence :
Slide 27: Siloam Clinic
27 Siloam Clinic CYBER PARK KARAWACI FAÇADE RECEPTION GP’s CONSULTATION ROOM MERTANADI BALI FAÇADE RECEPTION GP’s CONSULTATION ROOM 25
Slide 28: Completed Hospital in Yogyakarta
28 Completed Hospital in Yogyakarta FAÇADE MAIN LOBBY FRONT OFFICE OUT PATIENT DEPARTMENT 26
Slide 29: Completed Hospital in Bogor
29 Completed Hospital in Bogor FAÇADE MAIN LOBBY EMERGENCY DEPARTMENT OUT PATIENT DEPARTMENT 27
Slide 30: Completed Hospital in Blu Plaza Bekasi
30 Completed Hospital in Blu Plaza Bekasi FAÇADE FRONT OFFICE EMERGENCY OUT PATIENT DEPARTMENT 28
Slide 31: For Completion in 2017
31 For Completion in 2017 BANJARMASIN BATU LIPPO MALL BEKASI GRAND MALL KALIMALANG LIPPO KUNINGAN MANADO KAIRAGI NINE RESIDENCE PALANGKARAYA C GUNUNG SAHARI PLUIT VILLAGE SEMARANG HOO SURABAYA CITO 29
Slide 32: For Completion in 2017
32 For Completion in 2017 BANGKA BELITUNG JEMBER Dec 2015Current C LUBUK LINGGAU SORONG 30
Slide 33: Progress in Licensing
33 PROGRESS IN LICENSING In order to be able to fully commission a new hospital, we have to go through a licensing process involving local governments and provincial health departments. This process involves more than 40 licenses and can be summarized into 6 most critical licenses. Hospital Certific
Slide 34: Dominant Position in Retail Development & Property Management
DOMINANT POSITION IN RETAIL DEVELOPMENT & PROPERTY MANAGEMENT MANAGES 44 MALLS THROUGHOUT INDONESIA 3.2 million sqm GFA As of September 30, 2016 : Overall average occupancy 89% and 95% in LMIRT properties NEW MALLS IN THE PIPELINE: LIPPO MALL PURI PX PAVILLION LIPPO PLAZA LUBUK LINGGAU LIPPO PLA
Slide 35: Manages 9 Hotels Throughout Indonesia
MANAGES 9 HOTELS THROUGHOUT INDONESIA As of September 30, 2016 : Overall average occupancy 67% HOTEL ARYADUTA HOTEL ARYADUTA HOTEL ARYADUTA HOTEL ARYADUTA HOTEL ARYADUTA LIPPO VILAGE (192 rooms) JAKARTA (302 rooms) MEDAN (197 rooms) PEKANBARU (158 rooms) MANADO (200 rooms) HOTELS UNDER ARYADUTA MA
Slide 36: Asset Management
ASSET MANAGEMENT UNIQUE FOR AN INDONESIAN PROPERTY COMPANY 100% 100% 100% 100% BOWSPRIT LMIR TRUST PT LIPPO MALLS PT ARYADUTA CAPITAL MANAGEMENT INDONESIA INTERNATIONAL CORPORATION 33.12% LTD 29.33% MANAGEMENT LTD MALL HOTEL REIT MANAGER Code : FIRT REIT MANAGER Code : LMRT MANAGEMENT OPERATOR SERVI
Slide 37: First REIT Portfolio
Managed by Bowsprit Capital Corporation Limited, First REIT’s portfolio consists of 17 properties located in Indonesia, Singapore and South Korea Manages 12 Siloam Hospitals and 2 Aryaduta Hotels in Indonesia As of September 30, 2016 : Annualised DPU : SGD 8.47 cents Share Price (SGD) Portfolio
Slide 38: LMIR Trust: Retail Malls and Retail Spaces
MANAGES 19 RETAIL MALLS AND 7 RETAIL SPACES As of September 30, 2016 : Annualised DPU: SGD 2.54 cents Share Price (SGD) Dividend Yield (%) 0,6 Portfolio Size (SGD mn) 12,0 2.000 1.841 1.830 1.867 0,49 1.800 1.753 0,5 10,0 9,7 1.600 8,9 0,42 8,1 1.412 7,83 0,4 0,375 1.400 8,0 0,34 0,32 1.200 6,0 0,
Slide 39: Financial Performance
@2LIPPO FINANCIAL PERFORMANCE
Slide 40: Balance Sheet
BALANCE SHEET AS OF 31 DECEMBER (Unless otherwise stated) 30 Sept Rp Trillion 2015 2014 2013 2012 2016 TOTAL ASSET 44.822 41.327 37.773 31.303 24.869 TOTAL LIABILITIES 23.050 22.410 20.152 17.142 13.399 TOTAL EQUITY 18.718 16.394 15.588 12.784 10.656 TOTAL DEBT 12.637 12.365 9.997 7.808 6.014 CASH A
Slide 41: Debt Maturity Profile
DEBT MATURITY PROFILE Coupon rate Coupon rate USD million 7% pa 6.75% pa Debt Profile 450 ** ** * 10% 400 7% 350 300 * 83% 130.0 250 USD Bank Loans 410 425 200 403 IDR Bank Loans 250 USD Bonds 150 273.3 * Redemption of 2019 notes and 100 76.3 issuance of 2022 notes per Aug 2016 50 24 17.9 5.5 ** Red
Slide 42: Attractive Asset Value
ATTRACTIVE ASSET VALUE Ownership (%) Land Area (ha) Assets Value (Rp bn) URBAN DEVELOPMENT: Lippo Village 100 405 27.651 Lippo Cikarang 54,4 626 15.145 Tanjung Bunga 59,8 191 2.555 San Diego Hills 100 94 2.415 Micro Suburbs 100 20 324 SUB TOTAL1) 48.091 LARGE SCALE INTEGRATED DEVELOPMENT: City of To
Slide 43: Property Marketing Sales
PROPERTY MARKETING SALES (in Rp bn) FY 2014 9M 2015 FY 2015 9M 2016 Budget 2016 (R) Residential 3.723 2.446 3.039 556 2.915 Low Rise 1.046 993 1.129 488 1.033 High Rise 2.677 1.453 1.910 68 1.882 Commercial 550 80 127 12 50 Industrial 734 276 279 68 276 Unique Product SDH 173 138 178 118 213 Retail
Slide 44: Appendices
@2LIPPO APPENDICES
Slide 45: Lippo Group
LIPPO GROUP REGIONAL PRESENCE IN CHINA, HONG KONG, An Indonesian Business Leader SINGAPORE, PHILIPPINES, KOREA, MACAU Growing in Stewardship – Impacting Lives INDONESIA RETAIL EDUCATION PROPERTY PT Matahari Putra Prima Tbk (MPPA.IJ) PT Matahari Dept. Store Tbk (LPPF.IJ) Yayasan Pelita Harapan PT. So
Slide 46: Indonesia: Attractive Growing Market
INDONESIA: ATTRACTIVE GROWING MARKET Economic Indicators 2016 2017 2015 Assumption Assumption Economic Growth (%) 4.8 5.2 5.1 Inflation Rate (%) 3.35 4.0 4.0 Exchange Rate (Rp/USD) 13,795 13,200 13,300 7 Day RR (%) 7.5 5.25 5.3 Oil Price (USD/bbl) 50 40 45 Oil Lifting (k bbl/day) 779 820 815 Source
Slide 47: Indonesia Property Sector Has Room to Grow
INDONESIA PROPERTY SECTOR HAS ROOM TO GROW ASIA PACIFIC PROPERTY Rapid urbanisation Growing middle–class Price (USD/SQM) Strong savings and income growth Hongkong 22.814 Low mortgage penetration Singapore 15.251 Property as investment India 11.455 Improving regulatory environment Japan 1
Slide 48: Property Foreign Ownership
PROPERTY FOREIGN OWNERSHIP LAND TITLES AVAILABLE : 1. Freehold : may be held by Indonesian citizens only (not even by fully Indonesian- owned companies). 2. Right to Build (renewable leasehold) : may be held by Indonesian citizens and any company established in Indonesia for an initial 30 years. 3.
Slide 49: New BI Regulation
NEW BI REGULATION New LTV Regulation takes effect in Aug 2016: Property Type First Mortage Second Mortgage Third Mortgage Old New Old New Old New Landed House Land > 70 sqm 80% 85% 70% 80% 60% 75% Land 22-70 sqm - - 80% 85% 70% 80% Apartment Area > 70 sqm 80% 85% 70% 80% 60% 75% Area 22-70 sqm 90% 9
Slide 50: Overview of Jakarta's Condominium Market
OVERVIEW OF JAKARTA’S CONDOMINIUM MARKET Source : Q3’2016 Market Review for Jakarta Jones Lang LaSalle Research 48
Slide 51: Overview of Jakarta's Retail Market
OVERVIEW OF JAKARTA’S RETAIL MARKET Source : Q3’2016 Market Review for Jakarta Jones Lang LaSalle Research 49
Slide 52: Overview of Jakarta's Office Market - CBD Area
OVERVIEW OF JAKARTA’S OFFICE MARKET - CBD AREA Source : Q3’ 2016 Market Review for Jakarta Jones Lang LaSalle Research 50
Slide 53: Overview of Jakarta's Office Market - Non CBD Area
OVERVIEW OF JAKARTA’S OFFICE MARKET – non CBD AREA Source : Q3 ‘2016 Market Review for Jakarta 51 Jones Lang LaSalle Research
Slide 54: Indonesia - Severely Underserved Healthcare Market
Indonesia - Severely Underserved Healthcare Market Beds and Doctors Beds Doctors /1,000 OECD Average = 4.93 /1,000 OECD Average = 3.14 population population 3,50 3,00 238,373 beds v. Global: Shortage of 229,491 beds (1) 70,655 doctors 2,79 v. OECD: Shortage of 977,189 beds (1) v. Global: Shortage of
Slide 55: Indonesia Healthcare Landscape
INDONESIA HEALTHCARE LANDSCAPE Population Growth Primary Care Accessibility Now = 240 Million 2040 = 360 Million Now = 8,300 2040 = 12,000 Universal Coverage Health Spend USD 20 Bn USD 640 Bn 58% 100% Coverage Coverage Now= 140 Million 2017 = 264 Million Now = 2.5% of GDP (USD 800 Bn) 2040 = 8% of G
Slide 56: Market Drivers & Restraints in Indonesia's Healthcare Sector
MARKET DRIVERS & RESTRAINTS IN INDONESIA’S HEALTHCARE SECTOR MARKET DRIVERS A large Longer life population expectancy The Universal base with a and a epidemiological health booming population transition has insurance 2015 economy, pyramid presented coverage would emerging increasing Indonesia’s give
Slide 57: Hospitals in Indonesia
HOSPITALS IN INDONESIA No OWNER 31 Dec 10 31 Dec 11 31 Dec 12 31 Dec 13 31 Dec 14 31 Dec 15 30 Sep 16 1 MOH 31 32 32 33 34 36 33 2 PROVINCE 85 85 89 96 98 113 119 GOVERNMENT 3 MUNICIPAL 63 86 88 92 93 98 97 GOVERNMENT 4 DISTRICT GOVERNMENT 403 411 444 455 463 469 477 5 ARMY / POLICE 131 134 155 159
Slide 58: Comparison Health Statistics
COMPARISON HEALTH STATISTICS Indonesia Vietnam Malaysia Singapore South Korea India China Australia USA UK Hospital beds per 10,000 pops 9 20 19 20 103 7 38 39 29 29 Physician per10,000 pops 2 12 12 20 21 7 15 33 25 28 Health Profesionals per 10,000 pops 16 24 45 77 72 24 32 139 123 116 Life expecta
Slide 59: Lippo Karawaci's Milestones: Corporate Actions
LIPPO KARAWACI’S MILESTONES Corporate Actions December May October March April November Non Pre- 3rd Rights Issue LPKR placed 82.5 mn August emptive Rights USD 100 mn bonds USD150 mn bonds of 4.32 bn new SILO shares or 7.1% of LMIRT was listed Issuance issuance, at the rate issuance, at the rate of
Slide 60: Lippo Karawaci's Milestones: Corporate Developments
LIPPO KARAWACI’S MILESTONES Corporate Developments July August January October May Launched Launched January Opened Px Pavilion at Launched July Kemang Village, Launched St Moritz Holland Village a large scale St Moritz, as part of Panakukang, an integrated Holland Village Second Phase Started integ
Slide 61: Latest Awards
LATEST AWARDS Lippo Cikarang received Lippo Karawaci received Lippo Karawaci received Lippo Karawaci received Lippo Karawaci received Trifecta Award 2016 Lippo Ckarang received Award for Top 40 Public Property Indonesia for winning three Top 50 Best of the Best Two Indonesia Property Top 50 Public L
Slide 62: Share Price Performance
SHARE PRICE PERFORMANCE Closing Price (Rp) Volume (Shares) 1.800 1.000.000.000 1.700 1.600 900.000.000 1.500 1.400 800.000.000 1.300 700.000.000 1.200 1.100 600.000.000 1.000 900 500.000.000 800 700 400.000.000 600 500 300.000.000 400 200.000.000 300 200 100.000.000 100 - - Jan- Jun- Jan- Jun- Dec-
Slide 63: Top 25 Listed Companies by Trading Value
TOP 25 LISTED COMPANIES BY TRADING VALUE INDONESIA STOCK EXCHANGE IDX QUARTERLY STATISTICS, 3rd QUARTER 2016 (Cumulative Data) 20 25 Most Active Stocks by Trading Value Total Trading Trading No. Lis te d Stock s Volum e Value (Rp) % Fre q. (X) Days 1, Telekomunikasi Indonesia (Persero) Tbk. [S] 23.8
Slide 64: Investor Relations
INVESTOR RELATIONS Mark Wong (Executive Director) email :Mark.Wong@lippokarawaci.co.id Address : Menara Matahari, 22nd Floor 7 Boulevard Palem Raya Lippo Village Tangerang 15811 Banten – Indonesia telp.+62 21 25669000 fax. +62 21 25669098 website : www.lippokarawaci.co.id 62
Slide 65: Disclaimer
DISCLAIMER This presentation has been prepared by PT Lippo Karawaci Tbk (“LPKR”) and is circulated for the purpose of general information only. It is not intended for any specific person or purpose and does not constitute a recommendation regarding the securities of LPKR. No warranty (expressed or i