Pt Kawasan Industri Jababeka Tbk Class A · IDX:KIJA
Pt Kawasan Industri Jababeka Tbk Class A — Investor Presentation (February 2018)
31 slides from Pt Kawasan Industri Jababeka Tbk Class A's investor presentation, February 2018
Slide 1: Jababeka & Co. Investor Presentation February 2018
JABABEKA & CO. PT Kawasan Industri Jababeka Tbk. Investor Presentation February 2018
Slide 2: Leading township developer & infrastructure powerhouse
Leading township developer & infrastructure powerhouse PT Kawasan Industri Jababeka Tbk. ("KIJA") is a leading township developer with an established track record in industry- based townships supported by residenDal & commercial components... KIJA overview Business segments FY16 Revenue Breakdown (%
Slide 3: Established track record in large-scale industrial estate + infrastructure
Established track record in large-scale industrial estate + infrastructure More than 25 years track record in industrial township development Selected awards #1 #1 Investor Magazine - 2012 Indonesia Property Watch- Fortune Indonesia - 2015 SWA Magazine - 2016 Top 10 Best performing 2015 Best Company
Slide 4: Sizeable land bank in strategic locations with upside potential
Sizeable land bank in strategic locaDons with upside potenDal Kota Jababeka Cikarang Master plan: 5,600 hectares ! Fully integrated and matured city development 35km east of Jakarta, 45mins from Jakarta’s CBD 35km east of Jakarta Land Bank: 1,231ha(1) ! Most established industrial area in Grea
Slide 5: Overview of Portfolio
Overview of Porholio Three diversified pillars of growth underpinned by strong recurring revenue base Real Estate(1) Infrastructure Leisure & Hospitality Industrial Waste Water Golf & Country Club Water Treatment Plant Treatment Plant Cikarang – Jababeka Golf Magelang – Borobudur The Jababeka Industr
Slide 6: Key credit strengths
Key credit strengths 1 Leading industry-based integrated township developer in Indonesia 2 The ONLY industrial developer with on-site power and dry port 3 Stable, USD-denominated recurring income from infrastructure operaDons 4 Diversified land bank and projects 5 Clear strategic focus over different
Slide 7: Kota Jababeka — Flagship industry-based integrated township
1 Kota Jababeka — Flagship industry-based integrated township Kota Jababeka is a mature industry-based township strategically located in close proximity to Jakarta CBD, sea port and airport… Tanjung Toll Road Soekarno-Hana Priok Port Future Toll Road InternaDonal Airport DKI JAKARTA Heavy industries
Slide 8: Kota Jababeka – Anchored by a blue-chip customer base
1 Kota Jababeka – Anchored by a blue-chip customer base The porholio of high quality mulDnaDonal and domesDc customers at Kota Jababeka is a testament to the township's strategic locaDon and superior infrastructure faciliDes Diverse mix of occupants across sectors (breakdown by number of occupants)
Slide 9: Jababeka Residence – A City for Your World
1 Jababeka Residence – A City for Your World Kota Jababeka has successfully achieved a criDcal mass of occupants which provides an opportunity to conDnue introducing complementary services and infrastructure to enhance the township's value proposiDon ResidenDal Housing clusters The Veranda Tropikana
Slide 10: Kota Jababeka – Enhancing value through Joint Venture projects
1 Kota Jababeka – Enhancing value through Joint Venture projects PT PP ProperD (Persero) Tbk PT Plaza Indonesia Realty Tbk 51% 30% “Riverview “MAYFAIR Estate JV 1 JV 1 49% Residence” 70% & Park Land” 4 apartment towers strategically located near the Mixed use superblock on a 12-ha site right nex
Slide 11: Kota Jababeka – Kawana Golf Residence
1 Kota Jababeka – Kawana Golf Residence Kawana Golf Residence – The One & Only Golf Residence in Indonesia Kawana Golf Residence is a JV between KIJA’s Jababeka Residence (60%) and Creed Group (40%) from Japan High-end golf view apartment tower with 234 units Phase 1 launched in December: 100%
Slide 12: Enhancing value proposition: Bekasi Power Plant
2 Enhancing Kota Jababeka's value proposiDon: Bekasi Power Plant KIJA is the only industrial estate developer in Indonesia with its own power plant located within its estate Integrated Power GeneraDon & DistribuDon Process • 130MW gas fired combined cycle plant 1 • 20 year 100% off-take agreement from
Slide 13: Enhancing value proposition: Cikarang Dry Port
2 Enhancing Kota Jababeka's value proposiDon: Cikarang Dry Port Strategic locaDon in the heart of the largest manufacturing zone along the Bekasi-Cikampek industrial corridor… Enhanced Accessibility with New Toll Gate KM 29 New Toll Gate KM 29 Cikarang JABABEKA Utama Toll Highway Gate Exit KM 29 MM
Slide 14: Enhancing value proposition: Cikarang Dry Port
2 Enhancing Kota Jababeka's value proposiDon: Cikarang Dry Port FaciliDes & services offered at Cikarang Dry Port Container Yard Reefer Services Terminal Bonded Trucking Container Rail Freight Service 24/7 Security OperaDon 24/7 Freight StaDon New 10,000 m2 warehouse New Customs Office Office: CDP, Q
Slide 15: Enhancing value proposition: Cikarang Dry Port
2 Enhancing Kota Jababeka's value proposiDon: Cikarang Dry Port Cikarang Dry Port (CDP) is the first and only integrated customs, quaranDne and logisDcs facility in Indonesia… Overview Strong momentum in CDP operaDons • Since 2012, Cikarang Dry Port is an official port of origin and Revenue (IDR billio
Slide 16: Sizeable and stable USD-denominated recurring income base
3 Sizeable and stable USD-denominated recurring income base The provision of these infrastructure services has enabled the progressive build out of a significant recurring revenue base… Total Revenue & Breakdown Recurring revenue (IDR billion) 2,000 30.0% 1,868 Recurring(1) 1,800 1,723 2016 26.8% 1,5
Slide 17: Diversified land bank
4 Diversified land bank A geographically diversified land bank allows KIJA to capture different market segments and enhances earnings resilience… Diversified by geography, posiDoning and segment Land Bank Kota Jababeka Kendal Industrial Park – Tanjung Lesung Park by the Bay Total(1): 3,365ha 1,231ha 583
Slide 18: Diversified projects: Kendal Industrial Park – Park by the Bay
4 Diversified projects: Kendal Industrial Park – Park by the Bay Kendal Industrial Park – Park by the Bay benefits from Sembcorp's experDse in developing and markeDng industrial zones across Asia (China, Vietnam, Batam, Bintan, etc)… Kendal Industrial Park – Park by the Bay is a JV between KIJA and Ex
Slide 19: Diversified projects: Kendal Industrial Park – Park by the Bay
4 Diversified projects: Kendal Industrial Park – Park by the Bay Our Kendal Industrial Park – Park by the Bay development in Central Java is well-posiDoned to benefit from growing demand for relaDvely low cost industrial estates with good connecDvity and compeDDve labor costs • Kendal Industrial Park
Slide 20: Diversified projects: Kendal Industrial Park – Park by the Bay
4 Diversified projects: Kendal Industrial Park – Park by the Bay 19
Slide 21: Diversified projects: Tanjung Lesung
4 Diversified projects: Tanjung Lesung Tanjung Lesung overview Malaysia Singapore LocaDon ~ 170 km southwest of Jakarta in Banten Indonesia Tanjung Lesung Tourism-based integrated township (hotels, Concept apartments, sailing, diving & beach clubs) Australia Access Currently accessible by toll road f
Slide 22: Diversified projects: Tanjung Lesung
4 Diversified projects: Tanjung Lesung Strong government support for Tanjung Lesung's development as a tourism zone... FaciliDes and infrastructure at Tanjung Lesung • Exis_ng infrastructure includes access roads, a water treatment plant, wastewater treatment plant, electricity supply and telecommuni
Slide 23: Diversified projects: Tanjung Lesung
4 Diversified projects: Tanjung Lesung Current property products KALICAA VILLA 22
Slide 24: Diversified projects: Morotai
4 Diversified projects: Morotai Future tourism and logisDcs hub strategically located in the heart of Pacific Asia with natural tropical beauty and World War 2 charm Morotai ! Strategically located in the Halmahera group of eastern Indonesia’s Maluku islands, in the heart of Pacific Asia in between Asi
Slide 25: Clear strategic focus
5 Clear strategic focus KIJA's exisDng pipeline provides visible opportuniDes over different Dme frames • Con_nue to develop and capitalize on Kota Jababeka Township • Development of Tanjung Lesung Short Term Medium Term • Further development of Kendal tourism-based township Industrial Park in partne
Slide 26: Strong financial performance...
6 Strong financial performance... Revenue breakdown (IDR billion) Gross profit (IDR billion) and Gross profit margin (%) 3,500 1,600 70% 3,140 2,931 1,400 61% 3,000 2,739 2,799 60% 2,500 1,272 2,329 1,200 50% 1,208 45% 1,207 1,000 43% 44% 42% 2,000 1,390 40% 863 37% 800 1,500 1,401 1,389 30% 600 1,171
Slide 27: Robust balance sheet position...
6 Robust balance sheet posiDon… Assets and cash (IDR billion) Debt, Equity (IDR billion) and Debt/Equity (x) 12,000 5,638 5,851 10,208 6,000 1.00 9,942 4,978 0.90 10,000 8,914 5,000 4,662 7,911 4,186 0.80 7,660 3,975 0.71 3,810 8,000 0.70 6,836 4,000 3,510 3,565 0.61 0.58 0.60 0.63 0.65 6,000 3,000
Slide 28: Experienced management team
7 Experienced management team Average of more than 20 years of industrial township development experience Board of Commissioners Setyono Djuandi Darmono Bacelius Ruru Hadi Rahardja Gan Michael Ketut Budi Wijaya President Commissioner Vice President Commissioner Commissioner Commissioner Commissioner
Slide 29: Favourable macro and sector fundamentals
8 Favourable macro and sector fundamentals Strong real GDP growth outlook (%) ConDnued growth in direct investments – both FDI and domesDc (IDR trn) 693 7.0 6.2 700 6.0 613 6.0 5.6 600 546 5.0 4.9 5.0 5.0 5.1 5.1 4.9 262 5.0 500 463 216 398 180 4.0 400 156 313 251 128 3.0 300 92 2.0 200 76 397 431 3
Slide 30: Favourable macro and sector fundamentals
8 Favourable macro and sector fundamentals Government Budget on Infrastructure Spend in Indonesia (IDRtrn) Government iniDaDves to sDmulate industry 409 387 1 • Capital spending on ailing infrastructure network 317 gained trac_on from late 2015 290 • Upgrades to ports, roads, toll roads and power 20
Slide 31: Thank You
Thank You www.jababeka.com 30
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