2Q18 Quarterly Results SET Opportunity Day 24 Aug 2018 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018
Disclaimer The information (the “Information”) contained in this presentation is strictly confidential and is provided by Nirvana Daii Public Company Limited (“NVD”) solely for information purpose and does not constitute an offer or invitation to sell or the solicita tion of an offer or invitation to purchase or subscribe for share in NVD. Any such purchase should be made solely on the basis of the information contained in the announcements to the Stock Exchange of Thailand relating to such securities. No reliance may be placed for any purposes whatsoever on the information set forth in this presentation or on its completeness. Neither this presentation nor any part thereof may be (i) used or relied upon by any other party or for any other purpose; (ii) copied, photocopied, duplicated or otherwise reproduced in any form or by any means; or (iii) redistributed, passed on or otherwise disseminated, to any other person either in your organization or elsewhere, without the prior written consent of NVD. This presentation contains projections and forward‐looking statements that reflect NVD's current views with respect to future events and financial performance. These views are based on our management’s assumptions and beliefs in light of the information cur rently available to us including a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside our control. Although care has been taken to ensure that the Information in this presentation is accurate, and that the opinions expressed are fair and reasonable, the Information is subject to change without notice, its accuracy is not guaranteed, has not been independently verified and it may not contain all material information concerning NVD. You are cautioned not to place undue reliance on these forward looking statements. No assurance can be given that future events will occur, that projections will be achieved, or that NVD's assumptions are correct. Please note that NVD and executives/staff do not control and cannot guarantee the relevance, timeliness, or accuracy of these Information. NVD undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. None of NVD’s executives/staff or any of its agents, or all of their respective af filiates, or representatives shall have any liability (in negligence or otherwise) for any loss howsoever. 2 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018
Agenda ▪ 2Q18 Key Activities ▪ BAAN Nirvana Soft Opening ▪ Change of Bourse: NVD Moved to SET ▪ Soft Opening: Nirvana DEFINE Srinakarin-Rama 9 ▪ Debentures Issuance & Offering ▪ Disposition of Investment in Landy Development ▪ 1H18 Financial Results ▪ Consolidated Statements of Incomes & Financial Positions ▪ 2H18 Outlook ▪ On-going Projects with Sales-Transfers-Backlog Report ▪ Update on Landbanks ▪ Signed JVA to Develop a Single Detached House Project ▪ Strategy Execution ▪ Strategic Direction & Financial Goal ▪ Update on Nirvana Beyond Udonthani: Home Building Service – Project ▪ Update on Construction Services ▪ Update on Prefabricated Park&Ride Structure ▪ 2018 Expected Milestones 3 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018
1H18 Key Activities SET Opportunity Day 24 Aug 2018 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018
1H18 Key Activities May 2018 Change of Bourse: • NVD moved from MAI to SET • First-day trade on May 24, 2018 Feb 2018 Jun 2018 Grand Opening: Banyan Tree Soft Opening: Nirvana DEFINE Srinakarin-Rama 9 Residences – Riverside Bangkok • Second presales event • 45-story Freehold, Riverfront Condominium • Launched two more types of show units, Type-A & Type-B • Formal launch Apr 2018 Mar 2018 Soft Launch: Exclusive Sales: BANN Nirvana Nirvana DEFINE Srinakarin-Rama 9 • Home Building • First presales event Reimagined • 173-units fully-prefabricated Townhouses • Home Building • Street-front on Srinakarin-Romklao Road Services • About 30 units, worth nearly Bt.300m, - Retails sold in one weekend - Projects Jun 2018 Debentures Issuance & Offering • Offering to Institution Investors • Issue Size of Bt.1,200m • Purpose for working capital, business expansion, investment and/or debt repayment • No.1/2018: Bt.1,000m Callable, Name-Registered, Unsubordinated and Secured Debentures with Debenture- holders’ Representative • No.2/2018: Bt.200m Name-Registered, Unsubordinated and Unsecured Debentures without a Debenture- holders’ Representative Jun 2018 Disposition of Investment • NVD sold its entire 595,000 shares or 14.89% of Landy Development Co.,Ltd. on Jun 29, 2018 • Disposing investment in which NVD has no power to manage 5 • Sold amount was Bt. 25m 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018
2Q18 Key Activities Apr-18: BAAN Nirvana Soft Launch • Prefabricated Home Building Services for both retails as well as for projects • Available series: BEYOND | ICON | GABLE Booth at Architect Expo’18 Home Building Center: Rama 9 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018
May-18: Change of Bourse • NVD was approved to move from MAI to SET • First-day trade was on May 24 • Added exposure in regional as well as global investment community 2Q18 Key Activities 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018
Jun-18: Soft Opening – Nirvana DEFINE Srinakarin-Rama 9 • Second presales event Launched two more types of Show Units: • Type-A • Type-B Project Value Project Value Bt.1,900m ▪ 173-units fully-prefabricated Townhouses ▪ Street-front on Srinakarin-Romklao Road 8 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018
2Q18 Key Activities Jun-18: Debentures Issuance & Offering • Debentures of Baht 1,200 million issued & offered on Jun 21-22, 2018 • For working capital, business expansion, investment and/or debt repayment Debentures No.1/2018 Debentures No.2/2018 Issue Date: 22 Jun 2018 Issue Date: 21 Jun 2018 Issue Size: Bt.1,000m Issue Size: Bt.200m Tenor: 2 years Tenor: 1 year Coupon Rate: Fixed 5.00% p.a. Coupon Rate: Fixed 5.25% p.a. Par Value: Bt.1,000 per unit Par Value: Bt.1,000 per unit Offering Price: Bt.1,000 per unit Offering Price: Bt.1,000 per unit Principle Payment: Bullet payment at maturity date Principle Payment: Bullet payment at maturity date Interest Payment: Every 3 months on Interest Payment: Every 3 months on 22 Mar, 21 Mar, 22 Jun, 21 Jun, 22 Sep and 21 Sep and 22 Dec of each year 21 Dec of each year Maturity Date: 22 Jun 2020 Maturity Date: 21 Jun 2019 Early Redemption: Callable option to redeem Early Redemption: None all/partial amount after 1 year 9 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018
2Q18 Key Activities Jun-18: Disposition of Investment • NVD sold entire investment in Landy Development Co.,Ltd. (Landy), 595,600 shares or 14.89% stake, for Bt.25m on Jun 29, 2018 • Landy investment been held by DAII since 2006 prior to the merger with Nirvana Development Co.,Ltd. • Objective was to dispose investment in which NVD has no power to manage 10 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018
1H18 Financial Results SET Opportunity Day 24 Aug 2018 2Q18 Quarterly Results | SET Opportunity Day | 24 Aug 2018
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