Singapore Exchange Ltd. · SGX:S68
Singapore Exchange — Singapore Press Holdings — Corporate Update (August 2020)
19 slides from Singapore Exchange's corporate update, August 2020
Slide 1: Corporate Presentation
CORPORATE PRESENTATION _==.
Slide 2: Disclaimer
DISCLAIMER This presentation is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for shares in SPH ("Shares"). The value of shares and the income derived from them may fall as well as rise. Shares are not obligations of, deposits in, or guaranteed
Slide 3: Outline
SPH OUTLINE * Update on Business Segments * Media, Telecommunications, Technology = Retail =» PBSA * Aged Care ¢ Capital Management
Slide 4: Recap: SPH is prepared for a lengthy Covid-19 recovery
SPH RECAP: SPH IS PREPARED FOR A LENGTHY COVID-19 RECOVERY * Covid-19 has significant adverse impact across all business segments ¢ Recovery from the Covid-19 impact will take time * Group’s strengths: * Healthy balance sheet, with healthy cash and liquidity * Cost control programme
Slide 5: Covid-19 continues to have severe adverse impact
SPH COVID-19 CONTINUES TO HAVE SEVERE ADVERSE IMPACT ° Media ™ = 5% of Media Group's headcount laid off to realign staffing levels with change in ad sales model 7 and further streamlining of Magazine business = Despite ad revenue severely impacted, YTD FY20 circulation increased 9.8% y-o-y Retail =
Slide 6: Media, Telecommunications, Technology
MEDIA TELECOMMUNICATIONS TECHNOLOGY ) THE STRAITS TIMES NEWS TABLET |
Slide 7: Restructures media sales and magazine operations
RESTRUCTURES MEDIA SALES AND MAGAZINE OPERATIONS Continues to take a disciplined approach to staff cost About 140 staff from the Media Solutions Division and SPH Magazines affected = Represents about 5% of the overall Media Group's headcount = Economic downturn has significantly impacted ad. revenue
Slide 8: Despite ad rev decline, circulation improving
SPH DESPITE AD REV DECLINE, CIRCULATION IMPROVING Overall YTD total circulation rose 9.8% y-o-y; with digital circulation growth of 52.6% y-o-y Daily Average Newspaper Circulation ‘000 800 450 160 m 11M FY20 (Digital) 700 400 140 11M FY20 (Print) 600 350 120 a 11M FY19 (Digital) 300 11M FY19 (Print)
Slide 9: Key events since last update
KEY EVENTS SINCE LAST UPDATE GE 2020 election coverage led to increase in viewership for newspaper websites and apps * Combined views on Straits Times’ and Zaobao's Web + App reached 195 million (up 91% y-o-y across 23 Jun — 11 Jul) Celebrated milestones for our newspaper titles * Straits Times - 17
Slide 10: Retail
RETAIL
Slide 11: Update on Retail segment
SPH UPDATE ON RETAIL SEGMENT SPH REIT remains focused on operations and managing recovery post-Covid-19* Woodleigh Residences and The Woodleigh Mall * 288 units sold at average ASP of $1892 psf as at 16 Aug 2020, this represents 43% of total units = Sales have been encouraging with over 70 units sol
Slide 12: Student Castle
— StudentCastie”
Slide 13: AY20/21 Bookings Update
AY20/21 BOOKINGS UPDATE Student Castl Baldwin Studio Bookings coming in as booking season has been extended Achieved 83% of target revenue for AY20/21 as at 14 Aug, up from 75% on 10 Jul Bookings to pick up with 6 weeks remaining to beginning of AY20/21 - currently in peak booking period with the re
Slide 14: Development Progress Update
DEVELOPMENT PROGRESS UPDATE Disruption to construction are being addressed * Construction of Student Castle Oxford estimated to be completed by September, in time for AY20/21 * Construction of Student Castle Brighton slightly delayed till first week of October due to Covid-19 disruptions * Contingen
Slide 15: Aged Care
Aged Care 15
Slide 16: Operations not affected by Covid-19
SPH OPERATIONS NOT AFFECTED BY COVID-19 Operations normal for OV assets ¢ No new Covid-19 case since 4 cases reported at OV Simei in May 2020 * Bed Occupancy ratio improved to 80% for Jul 2020 Business as usual for Japan assets * Completed acquisition of the remaining 2 assets (total 161 beds) in Ho
Slide 17: Capital Management
CAPITAL MANAGEMENT
Slide 18: 810.0 554.4 554.4 502.1 502.1 502.1
810.0 554.4 554.4 502.1 502.1 502.1 18
Slide 19: Thank You
THANK YOU Visit www.sph.com.sg for more information ch
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