Doubledragon Corporation · PSE:DD
Doubledragon — DoubleDragon Properties — Investor Presentation (February 2017)
22 slides from Doubledragon's investor presentation, February 2017
Slide 1: Company Presentation February 2017
COMPANY PRESENTATION February 2017
Slide 2: Disclaimer
DISCLAIMER This Investor Presentation has been prepared DoubleDragon Properties Corp. (“DD”) for investors, solely for informational purposes. The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport to be a
Slide 3: Directors Message / The Two Dragons and History
Dragon8 Mall opens in Divisoria Board of Directors Edgar J. Sia II THE TWO DRAGONS • Director, Chairman Ferdinand J. Sia • Director, President and Chief Operating Officer • 37 years old, Filipino and Chief Executive Officer • 39 years old, Filipino H E A D• C O U and President N TChief Operating Off
Slide 4: Directors
Directors Ferdinand J. Sia Edgar J. Sia II Board of • Director, President and Chief Directors Operating Officer • Director, Chairman • 37 years old, Filipino and Chief Executive Officer RETAIL BACKGROUND • 39 years old, Filipino • Chairman and Chief Executive officer • President and Chief Operating
Slide 5: Board of Directors
Board of Directors BOARD OF DIRECTORS Ferdinand J. Sia William Tan Untiong Edgar J. Sia II • Director, President and Chief • Director and Corporate Secretary Operating Officer • Director, Chairman • 63 Ageyears old, Filipino 62, Filipino 38 years old, • 37 old, Filipino Filipino and Chief Executive
Slide 6: Executive Management
EXECUTIVE MANAGEMENT Edgar “Injap” Sia II CHAIRMAN & CEO Hannah Yulo CIO Rizza Marie Joy Sia CFO Ferdinand Sia PRESIDENT
Slide 7: Corporate Structure
July 2015 PSE Main Board November 2015 MSCI Small Cap Index 10.00 2015 5.00 Profitability C O R P O R A T E S T R P1.9 U CBillion T U RP1.1 E Billion 04/04/14 04/04/14 04/04/14 04/04/14 04/04/14 04/04/14 04/04/14 04/04/14 04/04/14 04/04/14 04/04/14 04/04/14 04/04/14 04/04/14 04/04/14 04/04/14 P623 M
Slide 8: 2020 Vision
Metro Manila Office DD Meridian Park + Jollibee Tower 2020 VISION 30% Provincial Retail Ticker ar Goal 100 CityMalls The Company’s vision is to accumulate 1 Million square meters of leasable space 70% S P A C E DD 20Vision) by 2020 primarily through the rollout of one hundred (100) community malls a
Slide 9: CityMall Progress
PROGRESS CITYMALL SITES 54 SITES 66 HECTARES CITYMALL PROGRESS 10 O P E R A T I O N A L 30 U N D E R C O N S T R U C T I O N TOTAL LANDBANK 72 H E C T A R E S (ACROSS THE PHILIPPINES INC. METRO MANILA PROJECTS) TOTAL LEASABLE 72 HECTARES (ONCE FULLY DEVELOPED) LANDBANK PROGRESS 7 2 % V. S. 2 0 2 0 P
Slide 10: CityMall Sites
54 CITYMALL SITES CURRENT SPLIT LUZON 28% VISAYAS 46% MINDANAO 26% TARGET SPLIT LUZON, 30% VISMIN, 70%
Slide 11: More CityMalls Set to Open Soon
20 MORE CITYMALLS SET TO OPEN SOON SCTEX SOUTHBOUND DAU, PAMPANGA GOLDENFIELDS, BACOLOD CITY TARLAC CITY DUMAGUETE CITY BULUA, CAGAYAN DE ORO CITY DANAO CITY KORONADAL CITY PASSI CITY DIPOLOG CITY MAYOMBO, DAGUPAN CITY IPONAN, CAGAYAN DE ORO CITY STA ROSA, NUEVA ECIJA PAVIA, ILOILO CITY OTHER CITYMA
Slide 12: Differentiating Factors
DIFFERENTIATING FACTORS DESTINATION MALL q Much S M A L L E R than a destination mall VARIETY q Must be located in a C I T Y C E N T E R q N O D U P L I C A T I O N within tenant mix q Locations mostly in T I E R 2 and T I E R 3 cities COMMUNITY MALL CONVENIENCE “The Community Mall business mode
Slide 13: Typical CityMall Layout
TYPICAL CITYMALL LAYOUT “CityMall provides the platform in which modern retail brands can expand to the provinces. By offering basic necessities from ‘best in category’ providers, we cater to the shift in demand from traditional to modern retail. Being the first mover in this space, we are currently
Slide 14: Operational CityMalls
OPERATIONAL CITYMALLS No. CM Sites % Leased Date Opened 1 CM - Arnaldo, Roxas 99.84% 27-Mar-15 2 CM - Consolacion 96.59% 28-May-15 3 CM - Anabu, Imus Cavite 98.05% 12-Aug-15 4 CM - Tetuan, Zamboanga 99.52% 30-Sep-15 5 CM - Tagbak, Jaro 100.00% 10-Oct-15 6 CM - Kalibo 99.92% 24-Apr-16 7 CM - Tiaong,
Slide 15: Visible Improvement on Seasoned CityMalls
VISIBLE IMPROVEMENT ON SEASONED CITYMALLS AVE. DAILY FOOT TRAFFIC ON OPERATIONAL CITYMALLS 10,238 7,808 8,391 MEDIA RELEASE: 7 December 2016 Oct-16 CityMall Nov-16 Partners with ABS-CBN Dec-16 for Provincial Cinema Rollout A B S – C B N P AABS-CBN RTNER to operate CityMall Cinemas S FOR CITYMALL CIN
Slide 16: DD Meridian Park
DD MERIDIAN PARK P H 1 & P H 2 - U N D E R C O N S T R U C T I O N ( T U R N O V E R 2 0 1 8) PH1 OFFICE SPACE ALREADY 29% SIGNED UP TO DATE TOWER DETAILS LEASABLE PHASE 1 DOUBLEDRAGON PLAZA APPROX. 136,588 SQM* (4 BPO TOWERS + RETAIL PODIUM) PHASE 2 DOUBLEDRAGON CENTER-EAST & APPROX. 34,863 SQM* WE
Slide 17: Jollibee Tower
1 Crowne Plaza 2 Holiday Inn Manila Galleria 3 Robinsons Equitable Tower 4 The Podium 5 Cyberspace Alpha 6 7 8 JOLLIBEE TOWER Oakwood Premier Joy Ortigas Park El Pueblo Real de Manila 9 Ortigas Center Post Office 10 Marco Polo Ortigas Manila 11 Union Bank Plaza 12 iSquare Building UNDER CONSTRUCTION
Slide 18: Enhancing Value Through Hospitality
ENHANCING VALUE THROUGH HOSPITALITY HOTEL101 FORT PERSPECTIVE DD HAS ACQUIRED 70% OF HOTEL OF ASIA INC. (HOA) WHICH WILL SERVE AS THE COMPANY’S HOSPITALITY ARM. OPERATIONAL KEYS 866 HOUSE BRAND HOTEL101 KEYS IN THE PIPELINE 681 KEYS HOTEL 101 (HOTEL101 FORT) PHILIPPINE MASTER FRANCHISE JIN JIANG INN
Slide 19: Interim Projects
INTERIM PROJECTS “DD has strategically invested in partially finished and partially sold projects to jumpstart its profitability and bridge itself to DRAGON8 MALL (95% LEASED) 2018 when most of its leasable THE SKYSUITES TOWER (48% SOLD) portfolio starts to contribute.” WH TAFT RESIDENCES (87% SOLD)
Slide 20: Funding
FUNDING SOURCES OF LONG TERM FUNDING (PHP 30.7 BLN / $614 MLN) PHP 15.4 BLN OF NOTES 9 BANKS PHP 10.0 BLN OF PREFERRED VARIOUS LOCAL SHARES* INSTITUTIONAL & RETAIL INVESTORS PHP 5.3 BLN OF RETAIL BONDS RETAIL INVESTORS COST OF CORP. NOTES 6.17% P.A. FIXED (7-8 YRS) COST OF PREFS 6.48% P.A. FIXED (7
Slide 21: Stock Performance
STOCK PERFORMANCE TOP 5 FOREIGN INVESTORS (SOURCE: BLOOMBERG) AS OF FEB. 3, 2017 (1) THE VANGUARD GROUP INC. STOCK PRICE (2) BLACKROCK (FUND ADVISORS & GROUP LTD) (3) IKC FONDER AB PHP 53.75 (4) DIMENSIONAL FUND ADVISORS OUTSTANDING SHARES (5) NORTHERN TRUST 2,229,730,000 MARKET CAPITALIZATION PHP 1
Slide 22: We will continue fo make the Impoessrbhe - Poscsrbhe .
We will continue fo make the Impoessrbhe - Poscsrbhe . And with your continued Faith & Cuppert, The Possroilitver are simply Endless! fi g ¥ P/ 2016
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