Singapore Exchange Ltd. · SGX:S68

Singapore Exchange — Roxy-Pacific Holdings — Investor Presentation (July 2015)

34 slides from Singapore Exchange's investor presentation, July 2015

  1. Slide 1: Roxy-Pacific Holdings Limited Investor Presentation

    Roxy-Pacific Holdings Limited Investor Presentation July 2015

  2. Slide 2: Important Notice

    1 Important Notice This presentation should be read in conjunction with Roxy-Pacific Holdings Limited (the “Company”) First Quarter Financial Statement for the period ended 31st March 2015 announcement released via SGXNET on 5 May 2015. The information contained in this presentation has not been ind

  3. Slide 3: Contents

    Contents 2 The Roxy-Pacific Holdings Limited Story 1. An Asia-Pacific Focused Property and Hospitality Group 02 2. An Experienced Management Team 07 3. An Established and Consistent Track Record of Performance 09 4. Property Development 15 5. Hotel Ownership and Property Investment 21 6. Growth Stra

  4. Slide 4: An Asia-Pacific Focused Property and Hospitality Group

    An Asia-Pacific Focused Property and Hospitality Group 3 Roxy-Pacific Holdings Limited (“Roxy-Pacific”) was incorporated on 24 May 1967 and listed on the SGX Main Board since 12 March 2008. The Group’s market capitalization is approximately S$615.0 million as at 1 July 2015. Revenue Contribution by

  5. Slide 5: An Asia-Pacific Focused Property and Hospitality Group

    An Asia-Pacific Focused Property and Hospitality Group 4 Roxy-Pacific has a mixture of property development, hotel ownership and property investments across the Asia-Pacific. Locations include Singapore, Australia, Malaysia, Japan, Thailand and Indonesia. The Group has successfully sold all of the 2

  6. Slide 6: An Asia-Pacific Focused Property and Hospitality Group

    An Asia-Pacific Focused Property and Hospitality Group 5 Roxy-Pacific has established a track record and reputation over its 48 years of real estate experience 1960s 1980s 1990s 2000s 2010s 1967 1984 1998 2000 Jul 2013 Jan 2014 2016 Mar 2015 Roxy-Pacific Completed Completed Grand First overseas Acqu

  7. Slide 7: An Asia-Pacific Focused Property and Hospitality Group

    An Asia-Pacific Focused Property and Hospitality Group 6 Roxy-Pacific has a number of core strengths  An experienced management team led by four Executive Directors with many years of experience in the Experienced management property industry. team with established  Established a wide network of c

  8. Slide 8: Contents

    Contents 7 The Roxy-Pacific Holdings Limited Story 1. An Asia-Pacific Focused Property and Hospitality Group 02 2. An Experienced Management Team 07 3. An Established and Consistent Track Record of Performance 09 4. Property Development 15 5. Hotel Ownership and Property Investment 21 6. Growth Stra

  9. Slide 9: An Experienced Management Team

    An Experienced Management Team 8 Roxy-Pacific has a strong Executive Management team with deep experience within the property development, hotel ownership and property investments industries. Average tenure with the company and relevant industry/working experience is at 13 years and 24 years respect

  10. Slide 10: Contents

    Contents 9 The Roxy-Pacific Holdings Limited Story 1. An Asia-Pacific Focused Property and Hospitality Group 02 2. An Experienced Management Team 07 3. An Established and Consistent Track Record of Performance 09 4. Property Development 15 5. Hotel Ownership and Property Investment 21 6. Growth Stra

  11. Slide 11: Financial Snapshot: FY2014 and 1Q2015

    An Established and Consistent Track Record of Performance 10 Roxy-Pacific Financial Snapshot: FY2014 and 1Q2015 FY2014 Financial Highlights  10th consecutive year of record earnings.(1)  Achieved net profit of S$96.8 million on total revenue of S$317.8 million.  Share of profit of joint-venture p

  12. Slide 12: Financial Snapshot: FY2012-2014, 1Q2015 vs 1Q2014

    An Established and Consistent Track Record of Performance 11 Roxy-Pacific Financial Snapshot: FY2012-2014, 1Q2015 vs 1Q2014 31 Mar 31 Mar 31 Dec 31 Dec 31 Dec 2015 2014 2014 2013 2012 Financial Performance Revenue (S$’m) 198.2 79.5 317.8 369.0 190.6 Gross Profit (S$’m) 70.2 25.1 97.2 125.7 75.9 Gros

  13. Slide 13: Financial Snapshot (Consolidated): FY2012-2014, 1Q2015

    An Established and Consistent Track Record of Performance 12 Roxy-Pacific Financial Snapshot (Consolidated): FY2012-2014, 1Q2015 31 Mar 31 Mar 31 Dec 31 Dec 31 Dec 2015 2014 2014 2013 2012 Financial Position Total Assets (S$’m) 1,401.6 1,277.7 1,433.3 1,298.9 924.1 Revaluation Surplus (S$’m) 476.2 4

  14. Slide 14: Financial Snapshot: Longer-term Key Trends

    An Established Track Record of Performance 13 Roxy-Pacific Financial Snapshot: Longer-term Key Trends Revenue S$’m 369.0 317.8 216.9 190.6 198.2 183.7 163.5 102.7 130.1 48.8 38.0 30.9 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 1Q2015 Net Profit S$’m 96.8 92.2 58.3 5

  15. Slide 15: Debt Profile

    Debt Profile 14 Debt Profile 31 Mar 2015 31 Dec 2014 31 Dec 2013 Breakdown of Total Outstanding Borrowings of S$821.3m as at 31 March 2015 Total Borrowings 821.3 917.3 880.9 (S$’m) Development Working capital Repayable in loans - loans, $125.6, Mar 2016, $5.1, Fixed Rate Loans 346.4 349.5 90.6 unsol

  16. Slide 16: Contents

    Contents 15 The Roxy-Pacific Holdings Limited Story 1. An Asia-Pacific Focused Property and Hospitality Group 02 2. An Experienced Management Team 07 3. An Established and Consistent Track Record of Performance 09 4. Property Development 15 5. Hotel Ownership and Property Investment 21 6. Growth Str

  17. Slide 17: Significant contribution from Property Development

    Property Development 16 Significant contribution from Property Development Revenue Adjusted EBITDA (S$’m) (S$’m) Hotel Property Ownership, Investment, 47.9 , 15% 6.6 , 2% Share of Property profits from Investment, Property 8.3 , 9% Development, 2014 2014 8 Russell St 70.1 , 73% S$43.3 Hotel Property

  18. Slide 18: Property Development: Revenue by Development

    Property Development 17 Roxy-Pacific Property Development: Revenue by Development Revenue (S$’m) Development TOP 1Q2015 1Q2014 FY2014 FY2013 1Q2015 Commentary Straits Residences Nov-13 - - - 9.7  Strong 1Q result due to revenue recognition on Spottiswoode 18 Nov-14 - 27.5 60.7 115.9 completion from

  19. Slide 19: Pre-Sale Revenue (by project) to be recognised

    Property Development 18 Pre-Sale Revenue (by project) to be recognised (S$’m) – 1Q2015 Balance Attributable Attributable Progress Revenue Billings to be Launch Contractual Type of Group’s Total Units in Units Attributable Total Recognised up to Recognised Project Name Date TOP Date Development Stake

  20. Slide 20: Overseas Land Banks: 1Q2015

    Property Development 19 Roxy-Pacific Overseas Land Banks: 1Q2015 Location / Description Type Approximate Approximate Group’s Approximate Approximate Approximate Land Area Gross Floor stake Attributable Attributable Attributable Area Gross Floor Area Land Cost Land Cost (sq ft) (sq ft) (%) (sq ft) (S

  21. Slide 21: Overseas Land Banks

    Property Development 20 Roxy-Pacific Overseas Land Banks NORTH FREMANTLE PERTH, AUSTRALIA Industrial Site to be re-zoned for mixed-use 64 PEEL ST, 9 CORDELIA ST development THE COLONY BY INFINITUM BRISBANE (A Joint Venture with Hostplus) KUALA LUMPUR, MALAYSIA 432 Residential, Commercial, Offices 72

  22. Slide 22: Contents

    Contents 21 The Roxy-Pacific Holdings Limited Story 1. An Asia-Pacific Focused Property and Hospitality Group 02 2. An Experienced Management Team 07 3. An Established and Consistent Track Record of Performance 09 4. Property Development 15 5. Hotel Ownership and Property Investment 21 6. Growth Str

  23. Slide 23: Growing portfolio of hospitality assets for recurring income

    Hotel Ownership and Property Investment 22 Roxy-Pacific continues to grow its portfolio of hospitality assets for recurring income Existing Hotel Hotels under development East Coast, Singapore Kyoto, Japan Phuket, Thailand Perth, Australia  Grand Mercure Roxy Hotel is a major asset of the Group and

  24. Slide 24: Hotels under Development

    Hotel Ownership and Property Investment 23 Hotels under Development Hotel Details Kyoto, Japan Phuket, Thailand Perth, Australia Location Nakagyo-ku, Kyoto Chalong Subdistrict, Mueang District Wellington Street Acquisition date October 2014 November 2014 March 2015 Group's stake 100% 100% 49% Tenure

  25. Slide 25: Property Investment

    Hotel Ownership and Property Investment 24 Property Investment Singapore Australia Name & Location Shop units in Roxy Square 59 Goulburn Street, Sydney 50 East Coast Road Tenure Freehold Freehold Approximate Net Lettable Area (sq ft) 35,975 209,458 No. of units 52 (four units are used as the corpora

  26. Slide 26: Contents

    Contents 25 The Roxy-Pacific Holdings Limited Story 1. An Asia-Pacific Focused Property and Hospitality Group 02 2. An Experienced Management Team 07 3. An Established and Consistent Track Record of Performance 09 4. Property Development 15 5. Hotel Ownership and Property Investment 21 6. Growth Str

  27. Slide 27: Roxy-Pacific's forward strategies

    Growth Strategy and Outlook 26 Roxy-Pacific’s forward strategies  Acquisitions of land banks and development sites for development to grow its property development and property investment portfolio. Grow property  Identify potential sites for development through private offers, participation in th

  28. Slide 28: Roxy-Pacific 2015 Outlook

    Growth Strategy and Outlook 27 Roxy-Pacific 2015 Outlook Singapore’s GDP growth for 2015 is expected to be between 2.0% and 4.0%, consistent with the 2.9% growth last year Property Development • Prices of private residential properties are expected to moderate up to 5.0% in 2015. • The property mark

  29. Slide 29: Q&A

    Q&A 28 50 East Coast Road #B1-18 | Roxy Square | Singapore 428769 Tel : (65) 6440 9878 | Fax : (65) 6440 9123 Registration Number : 196700135Z | Website : www.roxypacific.com.sg

  30. Slide 30: Contents

    Contents 29 The Roxy-Pacific Holdings Limited Story 1. An Asia-Pacific Focused Property and Hospitality Group 02 2. An Experienced Management Team 07 3. An Established and Consistent Track Record of Performance 09 4. Property Development 16 5. Hotel Ownership and Property Investment 21 6. Growth Str

  31. Slide 31: Hotel Ownership Key Metrics: FY2004 – FY2014, 1Q2015

    Hotel Ownership and Property Investment 30 Hotel Ownership Key Metrics: FY2004 – FY2014, 1Q2015 Average Occupation Rate, Average Room Rate and Revenue Per Available Room (S$) AOR ARR RevPar 100% 250.0 94.6% 95% 200.3 94.2% 199.9 200.0 188.3 191.5 184.5 92.5% 166.4 178.1 179.7 91.2%168.2 172.5 176.3

  32. Slide 32: Hotel Ownership Revenue: FY2004 – FY2014, 1Q2015

    Hotel Ownership and Property Investment 31 Hotel Ownership Revenue: FY2004 – FY2014, 1Q2015 Hotel Revenue (S$’m) 60 50.2 48.5 48.5 47.9 46.4 45 44.5 11.6 11.7 12.3 11.9 11.8 37.3 37.6 11.4 29.7 9.9 9.9 13.1 30 12.5 12.5 12.5 12.2 24.4 11.8 7.9 21.4 9.8 9.0 6.4 5.7 12.4 7.7 12.6 12.0 11.5 11.0 11.5 1

  33. Slide 33: Hotel Ownership Profit: FY2004 – FY2014, 1Q2015

    Hotel Ownership and Property Investment 32 Hotel Ownership Profit: FY2004 – FY2014, 1Q2015 Hotel Net Operating Profits (S$’m) 25 21.6 20.4 20 19.6 5.1 17.7 17.5 16.8 5.2 4.2 16.6 4.5 4.3 15 5.0 4.3 5.4 13.3 5.4 5.2 10.9 3.7 7.9 4.7 4.7 10 4.4 2.7 4.3 5.9 5.8 3.2 4.8 5.0 2.2 3.0 4.0 4.6 4.2 1.3 3.9 5

  34. Slide 34: Property Investment: Contribution FY2010-FY2014, 1Q2015

    Hotel Ownership and Property Investment 33 Property Investment: Contribution FY2010-FY2014, 1Q2015 Property Investment Revenue (S$’m) $7.0 6.6  Revenue from the Property Investment segment rose four $6.0 times to S$6.6million in FY2014 as compared to S$1.6million in $5.0 Acquisition of FY2013 mainl

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