Analyst Meeting Origin Property Public Company Limited July 31 th - - PowerPoint PPT Presentation

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Analyst Meeting Origin Property Public Company Limited July 31 th - - PowerPoint PPT Presentation

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Analyst Meeting Origin Property Public Company Limited July 31 th 2017 Company Overview Origin Property Public Company Limited Company Name 496 Moo.9 Sukhumvit 107 Bearing 16 Samrong Nuea Mueang Head Office Samutprakan Thailand Established

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SLIDE 1

Origin Property Public Company Limited

July 31th 2017

Analyst Meeting

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SLIDE 2

Company Overview

Company Name Head Office Established Capital Employees Business

Origin Property Public Company Limited 496 Moo.9 Sukhumvit 107 Bearing 16 Samrong Nuea Mueang Samutprakan Thailand Year 2009 ( IPO 2015 ) 1,542,740,814 Shares

  • I. Residential real estate developments – Condominiums and housings

II. Commercial recurring developments – Hotels, Servicing apartments, and Community Malls

  • III. Services – Property management

Aims to become a development company that covers the entire real estate industry We think more, to offer more so that our customers benefit more Affordable Premium Products – Affordable Premium Mass Deliver a better product and services to achieve customer satisfaction Quality products and Quality selection 496 persons (consolidated basis/full-time employees / as of June 30, 2017)

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SLIDE 3

Business Group Structure

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SLIDE 4

Blue Ocean Strategy Avoid intense competitiveness Mass Transit Extension Area Seek new potential area to expand Industrial Area Create supply for demands

Leading Mover Focus on Real Demand

First Jobber First Home buyer Young entrepreneur Industrial Worker Expat & Retirement Market Boutique condominium Unique plan innovation Something more for economical Unique concepts to capture all customers Premium facility and after sale services

Living More, Think More, Offer More, Benefit More

Origin Property Public Company Limited

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SLIDE 5

Hotel Service Apartment Retail Condominium & Housing

  • II. Recurring Income Business
  • I. Residential for Sale Business
  • III. Service Business

Property Management Property Agent Property Consultant Service & Care Service Application

ORIGIN Business

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SLIDE 6

2010 – as of Potential Projects 2017

Highest amount of project launches each year since 2012 Total

Summary of our projects

43 17,487 44,208 MB

No. Detail Project Units Value

1. Completed Projects 21 5,189 11,253 MB. 2. Project Under Construction 9 4,286 9,315 MB. 3. On Pre-sale Projects 4 1,648 6,090 MB. Total 34 11,123 26,658 MB. 4. Project Launch Q1-Q2/2017 4 4,254 9,450 MB. 5. Potential Projects Q3/2017 4 1,960 7,400 MB. 6. Potential Projects Q4/2017 4 352 1,200 MB. Total 46 17,689 44,708 MB.

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SLIDE 7

A

Bang Ya Yai - Bang Su Sue Pr Project ct Valu lue = TH THB 4,040 ,040 mm mm

  • 1. Notting Hill Tiwanon
  • 2. KnightBridge Duplex Tiwanon
  • 3. Notting Hill Skyscaper

C D

Laemchabang habang – Srir iracha acha Proje

  • ject

ct Va Valu lue e = TH THB 4 B 4,830 ,830 mm

  • 1. Knightsbridge The Ocean
  • 2. Kensington Laemchabang – Sriracha 1
  • 3. Kensington Laemchabang – Sriracha 2
  • 4. Notting Hill Laemchabang – Sriracha

E B

On Nut – Be Bearin ing g Proje

  • ject

ct Va Valu lue e = TH THB 9 B 9,918 ,918 mm

  • 1. Sense of London
  • 2. Kensington Sukhumvit 107
  • 3. Notting Hill Sukhumvit 107

4-5. The Knight I & II

  • 6. Knightsbridge Sukhumvit 107
  • 7. B-Loft Sukhumvit 109
  • 8. Villa Lasalle
  • 9. B -Republic Sukhumvit 101/1
  • 10. Pause Sukhumvit 107 A
  • 11. Pause Sukhumvit 107 B
  • 12. Pause Sukhumvit 103
  • 13. Pause ID Sukhumvit 107
  • 14. Notting Hill Sukhumvit 105
  • 15. Knightsbridge Prime On-Nut

A

Be Bearing ing - Samutpra tpraka karn rn Proje

  • ject

ct Va Valu lue e = TH THB 8 B 8,880 ,880 mm

  • 1. B-Loft Sukhumvit 115
  • 2. Knightsbridge Sky River Ocean
  • 3. Tropicana
  • 4. The Cabana
  • 5. Pause Sukhumvit 115

B

Mhor Chit it - Saphanm phanmai Proje roject ct Va Valu lue e = TH THB 1 B 10,790 0,790 MB B

  • 1. Notting Hill Paholyothin-Kaset
  • 2. Knightsbridge Sky City Saphanmai
  • 3. Kensington Paholyothin-Kaset
  • 4. Notting Hill Saphanmai
  • 5. Kensington Kaset Campus
  • 6. Kensington Pahol 63
  • 7. Notting Hill Jatujak
  • 8. Knightsbridge Paholyothin – Interchange
  • 9. Knightsbridge Prime Ratchayothin
  • 10. Knightsbridge Kaset Society

C D E Satho

thorn rn – Charoenk

  • enkrung

rung Proje

  • ject

ct Va Valu lue e = TH THB 4 B 4,250 ,250 mm

  • 1. Notting Hill Charoenkrung
  • 2. KnightsBridge Prime Sathorn

F

Ra Ramkhamha khamhaeng eng– Min inburi ri Proje

  • ject

ct Va Valu lue e = TH THB 2 B 2,000 ,000 mm

  • 1. Knightsbridge Collage - Ramkhamhaeng

G G

  • 1. B-Loft Sukhumvit 115
  • 2. Knightsbridge Sky River Ocean
  • 3. Tropicana
  • 4. The Cabana
  • 5. Pause Sukhumvit 115
  • 6. Notting Hill Praksa
  • 7. Kensington Theparak
  • 8. Britania Srinakarin
  • 9. Bloft I
  • 16. Bloft II
  • 17. Bloft III
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SLIDE 8

5 Railways 8 Condominium Projects 3 Interchanges 1 Housing Project

15,000 MB

(New launch growth 32%)

2,500 MB

Origin Project Launches 2017

5 Railways 3 Interchanges 1 Housing Project

18,050 MB

(New launch growth 59%)

11 Condominium Projects

Kensington

60 – 80 KB / Sq.m

Knightsbridge

120 – 200 KB / Sq.m

Britania Housing Notting Hill

80 – 120 KB / Sq.m

9,500 MB. 4,850 MB. 2,500 MB. Kensington

60 – 80 KB / Sq.m

Knightsbridge

120 – 200 KB / Sq.m

Notting Hill

80 – 120 KB / Sq.m

Housing 6,400 MB. 5,400 MB. 2,500 MB. B-loft

New Target Previous Target

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SLIDE 9

A C D E

1 7 3 2 5 9

= CBD = Mid - Town = Fringe Area

4 6 G

KNIGHTSBRIDGE Phaholyothin Interchange KNIGHTSBRIDGE Prime Onnut KNIGHTSBRIDGE Ramkhamhaeng KNIGHTSBRIDGE Prime Ratchayothin NOTTING HILL Skyscraper Central Rattanathibet NOTTING HILL Sukhumvit 105 BRITANIA Srinakarin KENSINGTON Sukhumvit-Teparak

8

KNIGHTSBRIDGE Kaset Society

Projects Launch 2017

10-11 BLoft 12 BLoft

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SLIDE 10

Origin Business Plan Summary

  • Project Launch

15,000 MB 18,050 MB

  • Presale Target

13,000 MB 14,000 MB

  • Revenue Target

6,000 MB 9,000 MB

  • Origin’s Project Complete

6,870 MB 12,770 MB

  • Total Backlog

14,385 MB 25,285 MB

(as of Q1/16) (End of 1H/2017)

Business Plan 2017 New Target (Included )

15,000 13,000 6,000 6,870 14,385 18,050 14,000 9,000 12,770 25,285

  • 5,000

10,000 15,000 20,000 25,000 30,000 Project Launch Presale Target Revenue Target Origin's Project Complete Total Backlog

Previous Target New Target

20% 8% 50% 86% 76%

Previous Target

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SLIDE 11

Update Performance Highlight

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SLIDE 12

% GP 46.7% , % NP 19.6% are higher than Q1 2016 YoY : Presale Q1 2017 increase 16%, Transfer Q1 2017 increase 65% QoQ : Presale Q1 2017 decrease 59%, Transfer Q1 2017 decrease 32%

Performance Q1 2017

773 1,612 1,366 1,605 5,356 1,235 1,735 4,387 3,487 10,844 1,435 489 591 270 705 2,055 532 489 885 1,294 3,199 878 105 125 32 125 386 88 73 158 318 632 172 42.8% 40.7% 43.5% 44.4% 42.9% 45.3% 43.9% 42.9% 47.5% 45.3% 46.7% 21.5% 21.1% 11.7% 17.7% 18.8% 16.6% 15.0% 17.9% 24.6% 19.9% 19.6%

  • 55.0%
  • 35.0%
  • 15.0%

5.0% 25.0% 45.0% 65.0%

2000 4000 6000 8000 10000 12000

Q1 Q2 Q3 Q4 Total 2015 Q1 Q2 Q3 Q4 Total 2016 Q1

Pre-Sale Transfer Total Revenue NP %GP %NP

Growth 15% Growth 65%

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SLIDE 13

# 1 # 3

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SLIDE 14

Project Launch vs Pre-Sale 2010-2016, 2017F

Origin Group’s real estate development has been consistently growing in sales since 2010 – 2016 Q1 2017 : Launches a new project of 1,050 MB, Pre-sale 1,435 MB 2017F : Plans to launch total new projects of 18,050 MB (+59%), Target Pre-Sale of 14,000 MB (+23%)

Y2010 Y2011 Y2012 Y2013 Y2014 Y2015 Y2016 Y2017F Launch 199 300 1,150 2,899 3,850 6,955 11,340 18,050 Pre-Sale 73 405 782 1,474 2,439 5,356 10,844 14,000 199 300 1,150 2,899 3,850 6,955 11,340 18,050 73 405 782 1,474 2,439 5,356 10,844 14,000 2000 4000 6000 8000 10000 12000 14000 16000 18000 20000

MB

63% 59%

23% 102%

Actual ctual 1H 1H 2 2017 017 4, 4,219 219 MB

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SLIDE 15

Origin Revenue Target 2017

2017 F : Target Revenues 9,000 MB increase 181%

192.4 418.9 559.4 2,055.1 3,199.0 9,000.0 27.6 64.1 70.3 386.3 637.6

42.9% 45.7% 41.8% 42.9% 45.3% 14.4% 15.3% 12.6% 18.8% 19.9%

  • 55.0%
  • 35.0%
  • 15.0%

5.0% 25.0% 45.0% 65.0% 0.0 1,000.0 2,000.0 3,000.0 4,000.0 5,000.0 6,000.0 7,000.0 8,000.0 9,000.0 10,000.0

Y2012 Y2013 Y2014 Y2015 Y2016 Y2017 F

Total Rev NP (Equity Holder) % GP % NP (Equity Holder)

+ 65%

+ 56%

+ 450%

+ 267% + 181%

(Included )

Forecast

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SLIDE 16

Origin Revenue Target 2017

25,285 MB End of 1H/2017

(Included )

6,825 MB. 27.0% 3,540 MB. 14.0% 3,285 MB. 13.0% OTHER 760 MB. 3.0% PH1 4,550 MB. 18.0% PH2 6,325 MB. 25.0%

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SLIDE 17

Estimated Finished Project Vs Target Revenues & Backlog (End of 1H/2017) (Included )

Estimate finish project, 6,870 Estimate finish project, 9,870 Estimate finish project, 14,055 Park24, 5,900 Park24, 5,500 Park24, 5,600

  • Actual+Forecast, 2,000

Backlog, 4,000 Backlog, 4,757 Backlog, 5,531 Backlog_Park24, 3,000 Backlog_Park24, 4,600 Backlog_Park24, 3,300 Target, 4,643 Target, 8,669

12,770 9,000 15,370 14,000 19,655 17,500

  • 5,000

10,000 15,000 20,000 25,000 Finish Proj. Backlog Finish Proj. Backlog Finish Proj. Backlog 2017 2018 2019

Estimated Completed Project vs Target Revenues

Estimate finish project Park24 Tentative project Actual+Forecast Backlog Target Actual + Backlog 100% Backlog 67% Backlog 50%

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SLIDE 18

Moving Forward to Eastern Economic Corridor (EEC)

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SLIDE 19 1,200 MB. 1,200 MB. 200 MB. 1,130 MB. 2,500 MB.

Hampton Sriracha

Hampton Sriracha

1,600 MB.

Origin, One of the best benefit gain from EEC.

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SLIDE 20

Eastern Economic Corridor : EEC Potential

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SLIDE 21

Industrial Zone – 70% of all export amount in Thailand is from Eastern Seaboard Industrial Area.

Ref: http://

Sriracha City Bang Phra City Bang Lamung Khao Khiao Sichang Island

AMATA CITY

Pinthong1 Pinthong 2 Pinthong3

Siam Eastern Industrial Park Hemraj Eastern Seabord (Rayong) Hemraj Eastern Seabord (ESIE) Hemraj Chonburi (CIE)

Holiday inn

Laem Chabang

Potential

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SLIDE 22

Opportunities : Ferry service Pattaya-Huahin-Bangpoo

Ref: http://www.realist.co.th/blog, http://thaipublica.org

The ferry service is the first phase of the government’s new East-West Ferry Project to connect Pattaya in Chonburi province and Hua Hin in Prachuap Khiri Khan. To drive between the towns currently takes 5-7 hours, but the ferry will shorten travel time by about 1.4 hours.

Huahin

Bangpoo

Pattaya

Potential

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SLIDE 23

Potential Digital Park Thailand – Thailand Silicon Valley

2.6 km. from Origin District to Digital Park Thailand

The area is a prime place where digital products and services are researched developed and tested before their actual market launches

The special economic area to support Thailand’s digital innovation initiative.

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SLIDE 24

Potential Digital Park Thailand – Thailand Silicon Valley

The special economic area to support Thailand’s digital innovation initiative.

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SLIDE 25

Asia Industrial Park

3,220 Rai Hemaraj Eastern Industrial Estate - Map Ta Phut

3,546 Rai

Pa Daeng Industrial Park 540 Rai

Rayong Industrial Park 1,692 Rai

Hemraj CP

3,068 Rai Eastern Seabord

11,062 Rai U-Tapao Airport Hemraj Eastern Seabord 2,595 Rai

Total area is 3,068 Rai for THB 7.5 billions

expected to operate in the end of 2016. Currently, the main investors are Chinese, Japanese, and Korean.

New Rayong City (Total area 356,75 Rai)

is located on a prime plot adjacent to Rayong city and amphoe baan kai

Map Ta Phut Industrial Park 6,949 Rai IRPC

Industrial Park New Industrial Park New Town Industrial Area Airport

Industrial Area

Rayong Industrial Park

Amata City

8,634 Rai

Rayong provice has

approximately 2,067 factory from all industrial parks. The total investment capital is about THB 1.3 billions.Total labor force is 161,217 employees approximately 10% is management level or 16,122 employees (Referred to ministry of industry, 2016)

New Town Map Ta Phut

Away from U-Tapao Airport about 5 kilometers.

Aerospace Industrial Park (U-Tapao) 150 Rai

Opportunities : Rayong

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SLIDE 26

SRIRACHA, CHONBURI 14 RAI Project Value ~ 4 Billion Baht

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SLIDE 27

Holiday Inn & Suites

  • The first Business Hotel of our group is

developed to support the demands of the biggest industrial estate in Thailand

  • Situated in Laemchabang – Borwin
  • The 28 storey high building
  • Total of 347 units

(anticipated completion at 2019)

  • We expect to have a based rentals of 38,000 baht –

72,000 baht per month

(The development is still under development and is subject to change)

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SLIDE 28

Hampton Sriracha

  • This exceptional land plot, has the potential to develop a Top grade Hotel and

Serviced Apartment over 42 storey high, 428 units that could support current and future executive Japanese expats residing in the so-called “Japanese Town” at the heart of Sriracha

  • However the development is still under development and is subject to change
  • We expect to have a based rentals of 38,000 baht – 70,000 baht per month
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SLIDE 29

Knightsbridge The Ocean Sriracha

  • 36 Storeys / 722 Units
  • Project Value of 2,500 MB.
  • Launched Q4/2015
  • Complete Q4/2017
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SLIDE 30

Construction Progress Update 13/7/60

Knightsbridge The Ocean Sriracha

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SLIDE 31

ORIGIN Projects in Sriracha which benefited from EEC, value of 12,130 MB.

Unit Million Baht

KnightsBridge the Ocean 722 2,500 Kensington Laemchabang1 399 530 Kensington Laemchabang2 399 600 Notting Hill Laemchabang 534 1,200 Total 2,054 4,830 Holiday Inn & Suite 347 2,500 Hampton Siracha 428 2,800 Mix Used project in Rayong ~ 2,000 Total 2,829 12,130

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SLIDE 32

Business Plan H2/2017

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SLIDE 33

Q3 Project Project Value (MB.)

KnightsBridge Prime Onnut 7,400 KnightsBridge Prime Ratchayothin KnightsBridge Collage - Ramkhamhaeng KnightsBridge Kaset Society

Q4 Project Project Value (MB.)

Britania Srinakarin 1,200 B-loft Condo 3 Projects Total 8,600 MB.

Project to be launched in 2H/2017

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SLIDE 34
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SLIDE 35

Bangkok Metropolitan Region NEW NEW NEW NEW

Location

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SLIDE 36

4 KnightsBridge launch in Q3 / 2017

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SLIDE 37

4 KnightsBridge launch in Q3 / 2017 ‘NEW HIGH – 3m CEILING HEIGHT’ สัมผัสความโปร่ง โล่ง สบาย กับเพดานสูง 3 เมตรทุกห้อง ‘Another Home’ คอนเซ็ปต์ใหม่ของการอยู่อาศัย ที่ยกระดับคุณภาพชีวิตในคอนโดมิเนียม เพิ่มพื้นที่พิเศษให้คุณใช้ชีวิตอย่างสะดวกสบาย เสมือนบ้านอีกหลังหนึ่ง

30 m. from Station 600 m. from Station 100 m. from Station 40 m. from Station

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SLIDE 38
  • Ready-to-move in Project Inclusive of SDH, DH which will be launched & transfer on Q4/17

(The development is still under development and is subject to change)

Housing Project

Diversification to New Business

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SLIDE 39

3 Projects launch in Q4 / 2017

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SLIDE 40

Finished Projects 2017

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SLIDE 41

Project Completion in the Pipeline 2017

Y2017 Finish Project 12,770 million baht (9 projects)

Completes in Q3-Q4 Completes in Q4 Completes in Q1-Q2

KnightsBridge The Ocean Kensington Phahol-Kaset Kensington Laemchabang-Sriracha2 Kensington Laemchabang-Sriracha1 NottingHill Charoenkrung KnightsBridge Sky City Saphanmai Pause 103

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SLIDE 42

Project Completion in the Pipeline 2017

Y2017 Finish Project 12,770 million baht (9 projects)

(Phase 1)

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SLIDE 43
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SLIDE 44

Co Corpo rporate rate Nam ame Nomura Real Estate Holdings, Inc. Da Date te of Estab tablish lishme ment June 1, 2004 Ca Capita pital ¥ 116,779,573,800 (as of March 31, 2017) Representative epresentative President and Representative Director, Group CEO Eiji Kutsukake He Head ad Office ce Shinjuku Nomura Building, 1-26-2 Nishi-Shinjuku, Shinjuku-ku, Tokyo 163-0566, Japan Numb mber er of Emp mployees loyees 6,457 (as of March 31, 2017 on a consolidated basis)

Company Overview

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SLIDE 45

History

Spun off from Nomura Securities Co., Ltd. And launches real estate business focused on leasing and Management of office buildings. Lunches condominium development business with the construction of Co-op Takenomaru in Yokohama.

1957 1957 1961 1961 1963 1963

Starts construction of Yokohama Business Park (YBP), the largest business development conducted solely by the private sector. Unified brand name “PROUD” for residential products and service established. Completes construction of the Shinjuku Nomura Building and moves the headquarters from Nihonbashi.

19 1979 79 19 1988 88 20 2002 02

Lunches residential land development business with Development of Kajiwarayama residential area in Kamakura, Kanagawa.

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SLIDE 46

History

Nomura Real Estate Holdings, Inc. listed of the first Section of the Tokyo Stock Exchange. Completes construction of PMO Nihonbashi Honcho, the first development in the PMO series. NREG Toshiba Building Co., Ltd. Joins the Nomura Real Estate Group.

20 2006 06 20 2008 08 20 2008 08

Bono SAGAMIONO opened. Nomura Real Estate Master Fund. Inc. established. Completes construction of the Nihonbashi Muromachi Nomura Building.

20 2010 10 20 2013 13 20 2015 15

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SLIDE 47

Market Trend & Our Share

2010 2011 2012 2013 2014 2015 2016 Our Supply 5,036 5,034 6,181 6,517 4,818 4,556 3,253 Our Market Share 5.90% 5.80% 6.60% 6.20% 5.80% 5.80% 4.22%

5.80% 80% 6.60% 60% 5.80 80% 5.80 80%

0.00% 1.00% 2.00% 3.00% 4.00% 5.00% 6.00% 7.00%

1,000 2,000 3,000 4,000 5,000 6,000 7,000

Our Supply Our Market Share

6.20% .20% 5.90 .90%

No.3 No.2 No.1 No.3

105,282 83,205 78,089

Top Top 3 in Japanese residential market share

Source : Real Estate Economic Institute Co., Ltd.

No.3 No.2 No.3

4.22 .22% 85,355 86,793 93,651 77,085

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SLIDE 48

Operating Revenue & Profit

Operating Revenue For the fiscal year ended March 2017

¥569.6

569.6 billion

Operating Profit For the fiscal year ended March 2017

¥77.2

77.2 billion

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SLIDE 49

Company Structure

Nomura Real Estate Development Co., Ltd. Nomura Real Estate Asset Management Co., Ltd. Nomura Real Estate Urban Net Co., Ltd. Nomura Real Estate Partners Co., Ltd. NREG TOSHIBA BUILDING Co., Ltd. Nomura Real Estate Life & Sports Co., Ltd. Nomura Real Estate Heating and Cooling Supply Co., Ltd. Geo Akamatsu Co., Ltd. Nomura Real Estate Reform Co., Ltd. Nomura Real Estate Amenity Service Co., Ltd. NREG TOSHIBA BUILDING FACILITIES Co., Ltd. PRIME X Co., Ltd. NF Power Service Co., Ltd. First Living Assistance Co., Ltd. NOMURA REAL ESTATE ASIA PTE.LTD. NOMURA REAL ESTATE HONG KONG LIMITED Nomura Real Estate Consulting (Beijing) Co., Ltd.

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SLIDE 50

Corp rpora

  • rate

te Name ame Nomura Real Estate Development Co., Ltd. Da Date te of f Es Esta tabli blish shmen ment April 15, 1957 Pai aid-in n Cap apita tal ¥2 billion (as of April 1, 2017) Rev evenue nue fr from

  • m Opera

perati tion

  • n

¥401 billion (for the fiscal year ended March 31, 2017) Numb mber er of Em f Emplo ployee yees 1,899 (as of April 1, 2017) Busine ness ss Oper eratio ations Residential development, corporate real estate brokerage, commercial property development, building leasing, architectural design

Company Overview

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SLIDE 51

Business of Nomura Real Estate Development

The The F Fiv ive Busin e Business of No ess of Nomur mura Real Est a Real Estate ate De Develo velopmen pment

Nomura Real Estate Development expands the possibilities of the real estate business with five business fields: Residential Development Business, Building Business, Retail Facility Business, Logistics Facility Business, and Corporate Real Estate (CRE) Business. Office Retail Logistics

Corporate Real Estate

Residential

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SLIDE 52

Nomura’s Tower Condominium Track records are

Nomura has enough experience and know-how about tower condominium since 1992

80 PROJECT 28,692 UNITS

PROUD Tower Musashi-Kosugi PROUD Tower Futako-Tamagawa

Residential Development Business

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SLIDE 53

Residential Development Business Core Brand Detached Housing Brand Suburban-Type Brand

(Launched in Dec. 2002) (Launched in Oct. 2003) (Launched in Aug. 2011)

“Relaxed elaxed Ti Time me for Fam amily ly”

OHANA means “family or family ties” in

  • Hawaiian. Cherishing such feeling of

family members, we create the place where we can realize comfortable life.

“The Best Living Space to Spend Time”

PROUD signifies that these are residences of which the Occupants, the people who created them and the local community can all be proud.

OHANA Tamagawajosui Gardenia

PROUD SEASON Higashi-Funabashi Garden Avenue

PROUD Komaba

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SLIDE 54

Residential Development Business

  • No. 1
  • No. 2
  • No. 3

Safety PROUD UD Brillia Luxury PROUD UD ParkHOMES The Parkhouse Top class PROUD UD ParkHOMES Friendliness LIONS MANSION Reliability PROUD UD ParkHOMES The Parkhouse Sophistication PROUD UD The Parkhouse Sense PROUD UD The Parkhouse Uniqueness PROUD UD The Parkhouse Technology PROUD UD The Parkhouse Tradition LIONS MANSION PROUD UD

Source: 2016 Condominium Brand Survey was compiled based on 1,514 responses selected from the 1,657 responses received online following an ad placed in the morning edition of the May 23, 2016 Nikkei Newspaper calling for participants in the 2016 Condominium Brand Survey.

The Parkhouse LIONS MANSION The Parkhouse The Parkhouse Brillia Brillia Brillia The Parkhouse Aspired-living The Parkhouse Brillia

PROUD is overall No.1 brand image in recognition of safety, security, and quality.

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SLIDE 55

Origin Property 51 % Nomura Real Estate Development 49 %

Joint Venture Company

Total Joint Venture Project Value

8,600 MB.

Total amount investment plan value

2,156 MB.

Origin Prime 2 Co., Ltd. Total Investment Plan Value 589.00 MB. Origin Ramkhamhaeng Co., Ltd. Total Investment Plan Value 476.00 MB. Origin Vertical Co., Ltd. Total Investment Plan Value 632.00 MB. Origin Sphere Co., Ltd. Total Investment Plan Value 459.00 MB.

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SLIDE 56

ELCID on resolution of BOD Meeting

Reference is made to the fact that Origin Property Public Company Limited (the “Company”) convened Board of Directors Meeting No. 8/2017 on 29 July 2017. The Board of Directors Meeting has considered and approved as follows

  • The Board of Directors resolved to approve the Company to dispose of its ordinary shares of

Origin Prime 2 Co., Ltd. (“Origin Prime 2”), a subsidiary of the Company (a company in which the Company holds 100 percent of the total ordinary shares). Subject to Origin Prime 2 increase

  • f its registered capital to 589,700,000 Baht, the Company will dispose an amount of 28,895,300

shares (par value of 10 Baht per share), which is equivalent to 49.00 percent of the total number

  • f common shares of Origin Prime 2 or equivalent to registered capital of 288,953,000 Baht, to
  • NRED. In this regard, NRED shall pay the total share transfer consideration to the Company in an

amount of Baht 400,540,000 (the “Selling Price”).

  • The Board of Directors resolved to approve the Company to dispose of it ordinary shares of

Origin Ramkhamhaeng Co., Ltd. (“Origin Ramkhamhaeng”), a subsidiary of the Company (a company in which the Company holds 100 percent of the total ordinary shares), Subject to Origin Ramkhamhaeng increase of its registered capital to 476,530,000 Baht, the Company will dispose an amount of 23,349,970 shares (par value of 10 Baht per share) which is equivalent to 49.00 percent of the total number of common shares of Origin Ramkhamhaeng or is equivalent to its registered capital of 233,499,700 Baht, to NRED. In this regard, NRED shall pay the total share transfer consideration to the Company in an amount of THB 311,390,000 (the “Selling Price”).

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SLIDE 57

ELCID on resolution of BOD Meeting

(Cont.)

  • The Board of Directors resolved to approve the Company to dispose of its ordinary shares of

Origin Sphere Co., Ltd. (“Origin Sphere”), a subsidiary of the Company (a company in which the Company holds 100 percent of the total ordinary shares) in an amount of 49,000 shares (par value of 10 Baht per share) to Nomura Real Estate Development Co., Ltd. (“NRED”). The total amount of shares to be disposed to NRED is in an amount equivalent to 49 percent of the total number of common shares of Origin Sphere or is equivalent its registered capital of 490,000

  • Baht. In this regard, NRED shall pay the total share transfer consideration to the Company in an

amount of THB 32,810,000 (the “Selling Price”).

  • The Board of Directors resolved to approve the Company to dispose of its ordinary shares of

Origin Vertical Co., Ltd. (“Origin Vertical”), a subsidiary of the Company (a company in which the Company holds 100 percent of the total ordinary shares) in an amount of 49,000 shares (par value of 10 Baht per share) to NRED. The total amount of shares to be disposed to NRED is in an amount equivalent to 49 percent of the total number of common shares of Origin Vertical or equivalent to its registered capital of 490,000 Baht. In this regard, NRED shall pay the total share transfer consideration to the Company in an amount of THB 44,220,000 (the “Selling Price”). The total transaction value, combining with all Transaction is equivalent to 22.13 percent. The transaction value is higher than 15 percent but lower than 50 percent, resulting in the Company being obliged to prepare a report, disclose the information memorandum on the entering into of the transaction with the Stock Exchange, and deliver the notice of the entering into of the transaction to the shareholders within the period of 21 days from the date on which the transaction is disclosed to the Stock Exchange.

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SLIDE 58
  • This is another crucial step of “ORIGIN” in moving forward to become the leader in

real estate development business.

  • Increasing competitive efficiency in expanding project development to maximize

market-share and opportunity of joint-investment of residential condominium projects in future.

  • Opportunity to invest in other business developments such as: office building

management, hotels and wide range of real asset services

  • Knowledge inter-exchanging, in order to represent the leader of total solutions in real

estate business like “NRED”

  • Heading to be the number 1 brand of residential condominium like “PROUD”

from “NRED” in Japan.

  • Other business growth such as office building management (office space,

hotels, apartments, retail space, warehousing and logistics)

  • Cooperation in research and development for technology and innovation in terms of

business management, product development, design and construction in various types of real estate projects.

  • Cooperation in sale and marketing with Japanese customers

Expect Benefits from Future development with Nomura

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SLIDE 59

Location Overview

Bangkok Metropolitan Region NEW NEW NEW

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SLIDE 60
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SLIDE 61

Ratchadaphisek Rd.

Mo Chit Phaholyothin 24 Sena Nikhom Kasetsart University Chatuchak Park Bang Sue Bang Son Chatucha k Wat Samian Nari Chatuchak Ladprao Phaholyothi n Bang Sue Kamphaeng Phet Ratchadaphisek Phawana

Kasetsart University 50 m. to BTS Phaholyothin 24 Station 300 m. to Major Ratchayothin to SCB Park 900 m. to Central Plaza Ladprao 1.3 km. to Mayo Hospital 2 km. to Kasetsart University 3 km. to Chatuchak Market

Ha Yaek Latprao Ratchayothi n

JJ Market Bang Sue Complex & New Bang Sue Grand Station Mega Complex by BTS Group Holding & GLAND Mayo Hospital

Site

SCB Park

School/University Office Building Hotel Entertainment/Shopping Site Mixed-Use Hospital

Tesco Lotus Central Ladprao Centara Grand Howang School Union Mall Elephant Tower Saint John Vibhavadi Hospital Rajabhat Chadrakasem University Export Training Department Department of International Trade Civil Court Municipal Court Big C

Tunnel Over Pass Bridge

Location

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SLIDE 62
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SLIDE 63
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SLIDE 64

Location

Sukhumvit77 Rd. (Onnut)

RAMA 4 Rd.

Bang Chak Onnut Phra-Khanong Ekama i

30 m. to Big C Extra On Nut 600 m. to BTS On Nut 700 m. to Tesco Lotus On Nut 1.2 km. to Wells Int’l School 1.5 km. to Chaloengrat Expressway 2.1 km. to Gateway Ekamai

Summer Hill

Site

Big C Gateway Ekamai Major Cineplex Ekamai W District Wells School Tesco Lotus Bangkok Prep School Habito Mall Century Movie Plaza & Hotel Bangkok University Sukhumvit Hospital Kluaynamthai Hospital The Phyll

School/University Office Building Hotel Entertainment/Shopping Site Mixed-Use Hospital Other

People Park mall

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SLIDE 65
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SLIDE 66
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SLIDE 67 Lum Salee Sri Kreetha Pattanaka บางกะปิ Ladprao 101 Sri Burapa Klong Ban Ma Huamak Rachamungkala Ramkhamhaeng

SITE

Ramkhamhaeng HuaMak Lum Salee

ABAC

Ramkhamhaeng 12

Huamak Rd.

100 m. to MRT Hua Mak 370 m. Ramkhamhaeng Hospital 500 m. to The Mall Bangkapi 540 m. to Makro 600 m. to MRT Lumsalee (Yellow) 1 km. to Tesco Lotus Bangkapi 2.2 km. to Ramkhamhaeng University 2.8 km. ABAC University

Express way to Rama 9/ to the city

Location

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SLIDE 68
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SLIDE 69

Thank You

Origin Property Public Company Limited 496 Moo.9 Soi Bearing 16, Sukumvit 107 Road, Samrong Nuae District, Muaeng Samutprakarn. 10270 Opening Hours Monday - Friday : from 9:00 - 21:00

  • TEL. 020-300-000
  • FAX. 02-398-9994

E-MAIL. info@origin.co.th