Ecofirst Consolidated Bhd · MYX:ECOFIRS
Ecofirst Consolidated Bhd — Shareholder Meeting (October 2020)
16 slides from Ecofirst Consolidated Bhd's shareholder meeting presentation, Oct 27, 2020
Slide 1: 47th Annual General Meeting Corporate Presentation
47th Annual General Meeting Corporate Presentation Presented by: 27 OCTOBER 2020 Terence Loo, IR Manager
Slide 2: EcoFirst has a unique sustainable business model
EcoFirst has a unique sustainable business model Property Development Property Investment & Management Liberty @ Ampang Ukay South City Plaza Shopping Mall (SCP) Represents Represents RM135.4 RM14.5 90.3% 9.7% million FY2020 million FY2020 Revenue Group Revenue Revenue Group Revenue Kondominium Kela
Slide 3: Liberty @ Ampang Ukay fully sold
Liberty @ Ampang Ukay fully sold Achieved 100% TAKE-UP RATE in 4Q2020 • Development started since 2017 • 32 shop lots, 6 retail units • Affordably priced from RM350,000 • GDV: RM606.8 million RM132.2 • 1,632 fully furnished SoHo units • Freehold land million Revenue in FY2020 • Compact-sized units o
Slide 4: Liberty @ Ampang Ukay clearly the iconic landmark in a bustling hotspot
Liberty @ Ampang Ukay clearly the iconic landmark in a bustling hotspot PROPERTY DEVELOPMENT HIGHLIGHTS (CONT’D) 4
Slide 5: A comfortable space for living with delightful outdoor scenery
A comfortable space for living with delightful outdoor scenery PROPERTY DEVELOPMENT HIGHLIGHTS (CONT’D) 5
Slide 6: Ampang Ukay masterplan to drive the next 10-15 years
Ampang Ukay masterplan to drive the next 10-15 years Spanning Development for 87-acre 10,000 Freehold Land population • Development Period: 2017 – 2032 RM4 billion • Situated right in the confluence of 5 highways: GDV mixed development o MRR2, DUKE, SUKE, AKLEH and EKVE Total of • Road accessibility
Slide 7: Recent land acquisition part of strategy to seek high-value pockets of land
Recent land acquisition part of strategy to seek high-value pockets of land for quick developments RM42 million RM311 million Land acquisition GDV mixed development 4.76-acre 1,098 Leasehold land SOHO Units Approx. RM230k – RM300k 2021 – 2024 per unit Development period NEW PROJECT 7
Slide 8: Mixed development project aims to provide convenient and serene lifestyle
Mixed development project aims to provide convenient and serene lifestyle • Retail description: o 40 units of Commercial & Retail shop lots o 4 units of Department Store o 2 units Business Space • Built-up features o 4 Blocks o Block A – 5 levels, Block B, C, D – 11 levels o 3 Sub basement carpark N
Slide 9: Strategic location with easy accessibility and multiple amenities
Strategic location with easy accessibility and multiple amenities HELP University Sekolah Seri Cahaya Sri KDU International School • Situated right in the confluence of 2 highways: R.E.A.L International o DASH, GUTHRIE SEGi University Kota Damansara • Education hubs: UITM Puncak Perdana Campus o UiT
Slide 10: SCP still meeting demands of captive market
SCP still meeting demands of captive market Dubbed as country’s largest digital devices accessories center and leader for Chinese antiques, tea and porcelain products 5-storey 800,000 sqf Shopping mall Net lettable area 2,000 82% Parking bays Occupancy rate in FY2020 • Implemented temporary rental a
Slide 11: FY2020 remains profitable despite COVID-19 challenges
FY2020 remains profitable despite COVID-19 challenges FY2020 Revenue Profit Before Tax Net Profit Attributable to Equity Holders RM150.0 million RM24.3 million RM17.1 million FY2019: RM221.3 million FY2019: RM31.6 million FY2019: RM22.6 million Total Assets Total Liabilities Shareholders’ Equity 202
Slide 12: Fundamentals improve from 10 years of continuous profitable track record
Fundamentals improve from 10 years of continuous profitable track record Group Revenue (RM’mil) Group Net Profit (RM’mil) 221.3 181.4 46.3 160.5 150.0 30.1 121.2 127.2 24.3 22.6 16.2 16.1 17.1 8.8 10.9 76.4 81.2 6.1 21.1 25.0 24.4 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY10 FY11 FY12
Slide 13: Seeking opportunities to extend footprint further
Seeking opportunities to extend footprint further On the lookout for lands To cater to an evergrowing Pursuing development in and/or development catchment population in the Ampang Ukay, our crown jewel projects to unlock value southern region of Klang Valley Guided by prudent & practical approach of
Slide 14: Giving back to the community
Giving back to the community 1) Blood Donation Campaign • We conducted a blood donation drive together with Pusat Darah Negara (National Blood Bank) and Che Kuan Khor Blood donation campaign. 2) Lotus Home Charity Centre in Semenyih • Our staff visited and provided a makeover to the Lotus Home Chari
Slide 15: Refurbishing Lotus Home to improve the children's wellbeing
Refurbishing Lotus Home to improve the children’s wellbeing COMMUNITY INITIATIVE HIGHLIGHTS (CONT’D) 15
Slide 16: Thank You
Thank You 16
Ecofirst Consolidated — Shareholder Meeting (October 2020) on 6ix