Yoma St Stra rategic egic Holdi dings Ltd Shareholders’ Briefing at Annual General Meeting 27 July 2011 1
Contents nts About Yoma Strategic Holdings Ltd Business Review Financial Highlights Recent Developments Questions & Answers 2
Abo bout Yoma St Stra rategic egic Holdi dings Ltd 3
Abo bout Yoma St Stra rategic egic Ho Holdi dings Ltd • Long term aim to be a multinational group with Multinational Vision businesses located across the Asia Pacific • Property Development Diversified Business • Agriculture Portfolio • Design & Project Management • Automobile Dealership • Organic Business Expansion Growing Businesses • New Acquisitions • Strategic Partnerships 4
Busine iness ss Ove vervie iew 5
Busine iness ss Segments ts Design & Real Estate in Real Estate in Automobile Agriculture Project Myanmar China Dealership Management 6
Real Estate in Myanmar nmar Promises of better governance administration of policy Success of the Positive sentiments in Myanmar Elections Myanmar Buoyant Property Market in Myanmar 7
Real Estate in Myanmar nmar Last Subdivision of FMI City – Total area approx 2 million sq ft of LDRs available for sale as at 31 March 2011 – Total 17 lots sold in FY2011 – Total 39 lots sold in 1QFY12 FMI City – Orchid Garden 8
Real Estate in Myanmar nmar – Pun Hlaing Golf Estate LDR value in PHGE expected to rise due to developments: – Pun Hlaing Country Club with swimming pool, grass tennis courts, spa and foot massage parlour, gym and beauty parlour – Yangon International School • Early Childhood Centre commenced operations on August 2010 • To be fully completed in 2016 with full fledged accredited international school offering Grades 1 – 12 – Total 15 lots sold in FY11 Pun Hlaing Golf Estate (PHGE) – Total 5 lots sold in 1QFY12 9
Real Estate in Myanmar nmar – Ivory Court Located at the heart of PHGE – Total area of 8,726 sq m with 12 units of modern 3 bedroom townhouses 8 units constructed – 7 out of the 8 units sold Ivory Court Residences 10
Real Estate in M n Myanmar nmar – Ever vergree reen n Con ondo dominium niums s New New Phase: Lakeview w Apa partme ments nts Located at the North-East corner of PHGE Self-contained low rise condominium development Lakeview Apartment Buildings C & D under construction – Block C fully sold – Block D - 5 out of 16 sold Lakeview Apartments 11
Real Estate in China – Gra rand d Centra ral Grand Central Lifestyle Shama Luxe Serviced Yoma IFC Centre Apartments Occupancy : 60% Occupancy: 42% Occupancy: 90% Tenants: Tenants: Anchor Tenants: • Intel • Hines • Woori Bank (Korea’s • Toshiba • Sumitomo largest bank) • Volkswagon • Secom • An Sheng (Dalian DDA’s largest • Applied Materials • Aggrekko supermarket) International Power • Goodyear Projects • Woori Bank • Ping An Insurance • KLA-Tencor • CICC 12
Design gn & P Proj roject ct Manage ageme ment nt SPA Project Management Ltd – Comprises of SPA Design, Project Management and PM Development – Provides value added design and construction management, engineering and architectural solutions – Managing and consulting arm for the Group’s real estate development and special projects 13
Agric riculture ulture in Myanm nmar ar Trend of increasing demand for jatropha oil as biodiesel component required in diesel usage More efficient methods of extracting jatropha oil was are being developed Continue to procure seed via collecting from small third party plantations to meet demand Also considering other revenue generating agricultural products eg. paper trees, rubber, eucalyptus and cassava 14
Au Automo mobile bile Dealersh ship ip in Myanmar mar First batch of 5 trucks arrived in Myanmar – Sales very encouraging for first batch – 2nd batch of 15 trucks on order Sales and marketing effort of Dongfeng light trucks being carried out Setting up facilities to support the sales, spare parts and after-sales service Accelerating plan to implement future assembly and manufacturing of trucks in Myanmar 15
Financial ncial Highlights ts 16
Fi Financ ncial al Hi Highlights ts Revenue increased 141.5% to S$11.22 million – Significant increase in sales of housing and LDRs as a result of favourable market sentiments in the real estate sector in Myanmar Profit after tax attributable to shareholders recorded at S$2.79 million – Largely due to fair value gain by WSI, an associated company Healthy balance sheet with cash & balances of S$2.8 million – Generated S$1.1 million of cash from operations 17
Segmental ntal Financi ncial al Perfor formance mance Housing and LDRs S$’million 12 10.24 10 FY2010 8 FY2011 6 3.19 4 2.28 2 0.75 0 Revenue Profit Rebound of real estate activities in Myanmar Active market for condominiums in the city 18
Segmental ntal Financi ncial al Perfor formance mance Design and Project Management – Decrease from S$1.43 million to S$0.92 million due to the completion of the project management contract of Grand Central in December 2010 Agriculture – Reviewing options that will maximize returns which includes exploring the possibilities of developing other plantations Automobile Distribution – Dong Feng light trucks have arrived in Myanmar and sales of 1 st batch very encouraging (revenue to be recognised in 2QFY12) – Second batch of 15 Dongfeng light trucks on order 19
Recent nt Deve velopm pments nts 20
Recent nt Devel velopm pments nts Buoyant property sales in Myanmar – Sales of housing and land development rights (“LDR”) for April to June this year hit approximately S$5.6 million and is expected to contribute positively to the performance of the quarter – Property market in Myanmar is attracting tremendous investment interest – Several parties are in discussions with Yoma to explore real estate related collaborations Automobile dealership steadily taking off 21
Questio tions ns and A d Answer wers 22
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