Investors Briefing Notes

Transcription

1 Listed on Bursa Malaysia on 8 th August Protasco 5070 (Construction) A diversified group specialising in Engineering & Infrastructure Investors Briefing Notes

2 CONSTRUCTION HCM Engineering Sdn Bhd (100%) MAINTENANCE Roadcare (M) Sdn Bhd (51%) PROPERTY DEVELOPMENT Protasco Development Sdn Bhd (100%) ENGINEERING & CONSULTANCY SERVICES Kumpulan Ikram Sdn Bhd (100%) EDUCATION Infrastructure University Kuala Lumpur (100%) TRADING & MANUFACTURING Protasco Trading Sdn Bhd (100%) CLEAN ENERGY Ikram Greentech Sdn Bhd (100%) I2 Energy Sdn Bhd (51%) KPS-HCM Sdn Bhd (49%) DAL HCM Sdn Bhd (Sarawak) (30%) (Managed by Ikram Education Sdn Bhd) I2 Solarpark One Sdn Bhd (44%) Empayar Indera Sdn Bhd (51%) HCM Kijang Sdn Bhd (60%) Permint Granite HCM Sdn Bhd (70%) ^ % Equity owned by Protasco Bhd 2

3 CONSTRUCTION

4 CONSTRUCTION BUILDINGS ROADS & BRIDGES PAVEMENT RECYCLING WORKS ROAD CONSTRUCTION PAVEMENT RECYCLING PPA PUTRAJAYA PHASE 1 FLYOVER CONSTRUCTION PREMIX OVERLAYING

5 CONSTRUCTION - OUTSTANDING ORDER BOOK CONSTRUCTION PROJECTS RM Million RM Million* Building Projects: PPA Putrajaya (Precinct 16), Phase 2 (Total: RM301 m) 253 PPA Putrajaya (Precinct 5), Phase 3 (Total: RM120 m)** 120 PPA Putrajaya (Precint 19), Phase 4 (Total: RM443 m/rm434 m) - awarded on 21 Dec Sub- Total 807 Road & Bridge Projects : Road construction in Sibu & Bintulu, Sarawak (Total: RM77 m) 40 Road connection work at Old Klang Road-New Pantai Expressway (Total: RM58 m) 6 Construction of Sungai Besi Ulu Klang Elevated Expressway (Total : RM316 m/ RM158 m) 152 Infrastructure Works for Development of Pulau Indah Industrial Park, Phase 3C (Total: RM174 m/rm86m) awarded in Jun 2017 Sub-Total 258 Total 1, * As at 30/6/2018 ** LOI received, pending LOA 5

6 MAINTENANCE

7 ROAD MAINTENANCE WORKS ROUTINE MAINTENANCE PERIODIC MAINTENANCE EMERGENCY MAINTENANCE Maintenance of Drainages Bridge Maintenance Premix overlaying Milling of worn course Clearing of landslide Remedial work at soil settlement spot Maintenance of Road Signages Pothole Patching Reconstruction work Pavement recycling work Traffic management due to collapsed bridge Clearing of fallen tree Maintenance of Road Shoulder Grass Cutting Slope repair and protection Replacement of road signages Warning of water level rising

8 FEDERAL, STATE & RURAL ROADS MAINTENANCE Empayar Indera Sdn Bhd Perak State Roads Empayar Indera Sdn Bhd Perak Agriculture Roads HCM Kijang Sdn Bhd Kelantan State Roads Permint Granite - HCM Terengganu Rural Roads Roadcare (M) Sdn Bhd Kelantan Terengganu Pahang DAL HCM Sdn Bhd Kuching to Lawas Selangor

9 CONCESSIONS Federal Road Maintenance (FRM) A 10-year FRM concession of 7,263km commencing from February 2016 Renewal: A 10-year FRM concession of 751km commencing from September % equity Routine maintenance recurring RM130 million per annum. Periodic maintenance and emergency works based on actual work carried out (estimated to be RM100 RM120 million per annum). Covering the states of Selangor, Pahang, Kelantan and Terengganu. DAL HCM JV Routine maintenance recurring RM24 million per annum. Periodic maintenance and emergency works Covering federal roads from Kuching to Lawas in Sarawak This concession expires in February 2026 This concession expires in August 2028

10 LONG TERM CONTRACTS State/Agriculture Roads 1. A 7-year contract for 1,959 km, State Road Maintenance for the State of Perak. Awarded by State Government Perak Contract sum: RM120 million Date of commencement 1 Jan 2013 & expires in Dec Empayar Indera Sdn Bhd (51% equity) Extension of new contract years (1 Jan 2020 to Dec ) Contract sum: RM126.1 million for 2 years and to be reviewed every 2 years. 2. A 2-year contract for 13,084 km, Agriculture Road Maintenance for the State of Perak. Awarded by State Government Perak Contract sum: RM90.1 million for 2 years Date of commencement 20 Feb 2017 & expires in Feb Empayar Indera Sdn Bhd (51% equity) Extension of new contract years (March 2019 to Feb ) Contract sum: RM90.1 million for 2 years and to be reviewed every 2 years.

11 LONG TERM CONTRACTS State/Rural Roads 3. A 10-year contract of State Road Maintenance for the State of Kelantan. Awarded by Kijang Kuari Sdn Bhd/ JKR Kelantan Contract Sum: RM25.7 million for 2 years or 129 million for 10 years (contract sum is reviewed every 2 years) HCM Kijang Sdn Bhd (60% Equity) This LTC expires in August A 5-year contract of Rural Road Maintenance for the State of Terengganu. Awarded by JKR Terengganu Contract Sum: RM49.9 million for 5 years Permint Granite-HCM Sdn Bhd (70% Equity) This LTC expires in April 2022

12 EVELOPMENT ROPERTY P D

13 DE CENTRUM CITY Project Duration : Years Land Area : 100 Acres Mix Development comprising: - High Rise Apartments - Shop Offices - SOHO - Convention Centre - Hotel - Office Suites - Retail Lots - Hypermart / Cineplex Artist s impression for illustration purposes only

14 DE CENTRUM CITY MASTER PLAN 2 Phase 2A Unipark GDV RM220 Million. Completed in July 2017 Signature Tower + Retail Signature Tower + Retail Luxury Condominium Signature Tower + Retail Signature Tower + Retail Wisma Protasco + Retail Ser. Apt Office A C 2 Unipark Condo B D 3 Luxury Villas & Suites 1 De Centrum Mall 5 Star Hotel Office Convention Centre Retail Entertainment 3A Lifestyle Studio Infrastructure University Kuala Lumpur (IUKL) Hotel Ser. Apt Mosque 3B 4 3 De Centrum Phase 2B GDV RM350 Milllion. 1 De Centrum Phase 1 GDV RM280 Milllion. Completed in Dec De Centrum Phase 3A & 3B Estimated GDV RM550 Million Unit size about sf Price Range: 260K 397K Expected Launching 2H2018

15 SUCCESSFULLY COMPLETED PHASE 1 PERSPECTIVE De Centrum Phase 1 GDV : RM280 Million Completion in Dec Best Mixed Development Award 2015 By Property Insight Types Units % Sold Apartments 320 SOHO % Shop Lots 54 Retail Mall 1 Retained Shops at the Mall Super7 Supermarket, KFC, Pizza Hut, Watsons, Penang Nasi Kandar, Middle East Restaurants, 7-11, TM Dealer, Bookstore, Singlock Locksmith, 1957 Malaysia Coffee, F&B Kiosks, Money Changer, Mr DIY, Electronics Store, etc.

16 SUCCESSFULLY COMPLETED PHASE 2A Phase 2A Unipark 240 units apartments 80 units duplex GDV : RM220 Million. Completed (CCC Obtained) Block C - 83% Sold Block D Fully Sold

17 Best Boutique Lifestyle Development Award 2016 By Property Insight YET TO BE LAUNCHED De Centrum Phase 2B (Rimbawan) Luxury Villas & Suites GDV : RM350 Million. De Centrum Phase 2B - Luxury Villas & Suites Preview in November 2015 Official launching to be decided based on market conditions

18 Sentrio (2 to 3-Storey Shop Office) Pasir Gudang, Johor GDV : RM66 Million. Land size: 6 Acres Soft Launch in Sept. 2017

19 TELIPOT Apartment Kota Bharu, Kelantan ~JV with Pekan Bistari (60:40) GDV : RM160 Million. Land size: 1.85 Acres Launched: August 2018

20 De Centrum Phase 3A & 3B -Lifestyle Suites GDV : RM550 Million 1,600 units suites Land size: 6.9 acres Tentative Launching 2H2019

21 E NGINEERING S ERVICES C & ONSULTANCY

22 Engineering Services & Consultancy Site Investigations Laboratory Testing Slope Studies Pavement Evaluation & Data Collection Geotechnical & Structural Forensic Engineering Design Works Materials Certification Product Listing Research & Development Quality Control & Assurance.

23 MASTER SERVICE AGREEMENT With the Government of Malaysia & Local Authorities 1. Forensic Engineering Services (Slopes & Slope Related Structures) Kumpulan Ikram Sdn Bhd & Government of Malaysia Agreement period : 3+2 years (January 2016 January 2021) Scope of work: Forensic engineering services on slopes and slope related structures. Area covered : For all slopes failure throughout Malaysia except for Federal roads, privatised concession toll roads and those pending completion by the Government or Government agencies 2. Engineering Services & Capacity Building Kumpulan Ikram Sdn Bhd & Datuk Bandar Kuala Lumpur Agreement period: 3+2 years (November 2017 November 2022) Scope of work : Engineering Services & Capacity Building (Geotechnical, Pavement & Structural Services) 3. Engineering Services & Capacity Building Kumpulan Ikram Sdn Bhd & Tenaga Nasional Berhad (TNB) Agreement period: Yearly renewal of contract ( ) Scope of work : Engineering Services & Capacity Building (Geotechnical, Pavement & Structural Services)

24 PAVEMENT EVALUATION Long Term Pavement Condition Assessment & Consultancy Services with.roadcare, FRM Sarawak, Empayar Indera Agreement period : Period up to 5 years ( ) Scope of work for Pavement data collection & evaluation, road inventory data collection, road asset management system and consultancy. Road Scanner (with laser technology and GPS) Asphalt Coring Compressive Strength Test 24

25 STRUCTURAL CONSULTANCY, AUDIT & LAB TEST IKRAM ENGINEERING Stadium Sultan Mizan Zainal Abidin,Kuala Terengganu - Steel Roof Collapsed KLIA 2 - Safety Checks at Runway & Parking Bay Jaya Supermarket, Petaling Jaya -Structure Collapsed KLIA 2

26 IKRAM ENGINEERING (STRUCTURAL CONSULTANCY & MATERIAL TESTING) UMNO BUILDING, PENANG Lighting Arrestor Collapsed

27 T M RADING & ANUFACTURING

28 Trading of construction related materials Building Construction Materials Pavement Related Materials & Machinery Highway Safety Products Bridge-Joints Cold-Mix

29 SWEDSUN BRIDGE EXPANSION JOINT SYSTEM INSTALLATION PROCESSES

30 E DUCATION

31 Established in 1998 as a college Upgraded to full fledged university in 2012 Population: > 3,000 students, from 50 countries Offer programs from foundation to postgraduate Campus in Unipark Suria (within De Centrum City) FACULTIES Engineering & Technology Infrastructure Architecture & Built Environment Business & Accounting Arts, Communication & Education Creative Media & Innovative Technology Applied Science & Foundation Studies

32 CLEAN ENERGY

33 CLEAN ENERGY Newly embark division Focus on solar energy and mini hydropower in Malaysia as owner, co-owner or EPC contractor Developing a 6.8MW solar farm in Malacca

34 FINANCIAL HIGHLIGHTS

35 RM'mil Past 5 Years Track Records 1,400 Turnover EBITDA Operating profit 1,305 1,200 1,062 1,110 1, Year Year Issued and paid up capital ( 000 units) 381, , , , , ,209 EPS (sen) (11.12) * FY2016: Issued & paid up capital and EPS had been adjusted from bonus issues which was completed on 25 November * FY2014: before impairment of investment in Indonesia for RM104M.

36 OUR BUSINESS (Revenue Contributions by Sectors for FY2017 ) CONSTRUCTION, 9% TRADING, EDUCATION & CLEAN ENERGY, 20% PROPERTY DEVELOPMENT, 1% ENGINEERING, 10% MAINTENANCE, 60%

37 OUR BUSINESS (Profit Contribution by Sectors for FY 2017) TRADING, EDUCATION & CLEAN ENERGY, 9% CONSTRUCTION, 5% ENGINEERING, 17% PROPERTY DEVELOPMENT, 1% MAINTENANCE, 68%

38 DIVIDENDS (Net) FINANCIAL YEAR SEN PER SHARE YE # YE ** YE YE YE YE * YE YE YE YE YE # 2 nd dividend 2.5 sen based on enlarged share capital after bonus (1 for 6 shares); * Include a special dividend of 6.0 sen per share ** Based on enlarged share base after bonus 1 for 4 shares

39 THANK YOU