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A Com pany Presentation JUNE 2014 1 Contents HO : Plaza Summarecon - PDF document

PT SUMMARECON AGUNG Tbk A Com pany Presentation JUNE 2014 1 Contents HO : Plaza Summarecon Slide No. 1. Plans for 2014 3 4 2. Corporate Information 5 3. Management 6 8 4. Principal Activities 9 5. Township Locations 10 6.


  1. PT SUMMARECON AGUNG Tbk A Com pany Presentation JUNE 2014 1 Contents HO : Plaza Summarecon Slide No. 1. Plans for 2014 3 ‐ 4 2. Corporate Information 5 3. Management 6 ‐ 8 4. Principal Activities 9 5. Township Locations 10 6. Summarecon Kelapa Gading 11 ‐ 12 7. Summarecon Serpong 13 ‐ 16 8. Summarecon Bekasi 17 ‐ 18 9. Investment Properties 19 ‐ 29 10. Corporate Structure 30 11.1 Income Statement : Consolidated Results 31 ‐ 36 Slide No. 11.3 Key Financial Indicators 37 14. Outlook 43 11.4 Land Bank 38 15. Moving Forward 44 11.5 Capital Investments 39 16. Consistent Value to Shareholders 45 12. Net Asset Value 40 17. Contact us 46 13. Summarecon’s Competitiveness 41 ‐ 42 18. Disclaimer 47 19. Appendix : Product Specifications 48 ‐ 52 2

  2. Plans for 2014 : Property Development 1) 2014 Marketing Sales target = Rp 4.5Tr [22% growth] ; from sales volume 2) Sales from Kelapa Gading, Bekasi, Serpong & Bandung [new township to open in 2014Q4 2014 Target Product Segment [IDR’Bn] Σ 4.5 IDR’ Tr  22% Σ 3.9 SSP SBD ‐ Σ 3.7  28%  4% Σ 3.0  39% UNIT SALES Σ 2.2 Σ 4,800  79% SSP SBD SBK Σ 2,914 SKG Σ 1,974 Σ 1,841 Σ 1,747 SBK Σ 983 SKG 3 Plans for 2014 : Investment Property Construction in Progress. Preparing for future recurring earnings 1) Summarecon Digital Centre @ Serpong ; Retail mall for electronic and digital products [Opening 2014Q2] 2) Scientia Garden Village ; Entertainment, F&B retail outlets [Opening 2014Q1] 3) Scientia Business Park ; • 6 blocks of ‘green office’ for rent • 1 st Block opened in September 2013. Book building for 2 nd and 3 rd block in 2014. 4) Plaza Summarecon Bekasi ; Office for Summarecon Bekasi [Opening 2014Q4] 5) La Terrazza ; F&B outlets within Bekasi CBD [Opening 2014Q4] 6) POP ! Hotel Kelapa Gading [Opening 2014 ‐ Q3] 7) Harris Hotel Bekasi [Opening 2014 ‐ Q4] 8) Movenpick Resort & Spa, Jimbaran, Bali [Opening 2015 ‐ Q4] OTHER FACILITIES TO ENHANCE THE TOWNSHIPS 1) The Springs Club in Serpong; a recreational club with banqueting facilities [Opened on May 31 st ,2014] 2) Scientia Square Park; providing for a green environment in Scientia Square [Opening 2014Q2] 4

  3. Corporate Information Incorporation Date : 26 Nov 1975 IPO Date : 7 May 1990 Ticker : SMRA.IJ Share Capital @ 31 May 2014 : Total Shares in Issue = 14,426,781,680 @ Rp 100/share : Total Paid ‐ up = Rp 1.44 tr (~USD 125 mn) Total Value Rupiah per share Market Capitalisation @ 31 May 2014 : Rp 18.1 tr (~USD 1.6bn) Rp 1,255 Net Book Value : Rp 4.0 tr (~USD 391 mn) Rp 546 NAV (Market/Replacement Cost) : Rp 39.0 tr (~USD 3.4 bn) Rp 2,708 Shareholder Profile @ 31 May 2014 : Founders & Associates ~ 36% : Public – Local ~ 17 % : Public – Foreign ~ 47 % : No. of Shareholders 4,139 Employees : ~ 3,000 5 Board of Commissioners (4 Members) 6

  4. Board of Directors [9 members] [Pg 1] 7 Board of Directors [9 members] [Pg 2] LILIAWATI RAHARDJO (65) LEXY ARIE TUMIWA (65) JOHANNES MARDJUKI (54) LILIES YAMIN (60) Managing Director Director ‐ Corporate Services President Director Director – Technical & Planning Appointed Director in June Appointed Director in June Appointed President Director 2002. Was a Commissioner 1993. Previously served as in June 2006. Previously Appointed Director in June from 1992 to 1997, and then Assistant Director in corporate served as Director of Finance 2006. Previously served as the President Commissioner and operational functions. and Accounting from 2003. Technical Assistant Director Joined Company in 1987. Prior Joined the Company in 1993 from 1997 to 2001 before from 2003. Joined the assuming an executive role as to joining Summarecon, he held as Corporate Secretary. Prior Company in 1981. She has Managing Director in 2002. managerial positions at PT. to joining Summarecon, he worked as an architect in Ponderosa Pelangi and Holland was the Finance Director of numerous companies since America Cruises Grup Garuda Mas. 1976. ADRIANTO PITOYO ADHI (55) SOEGIANTO NAGARIA (41) HERMAN NAGARIA (38) YONG KING CHING, Michael (54) SHARIF BENYAMIN (53) Director – Kelapa Gading, Director – Investment Property Director – Business & Director – Finance, Director – Serpong Corporate Secretary Bekasi Property Development Appointed Director in June Appointed Director in June Appointed Director in June 2006. Since joining the Appointed Director in June Appointed Director in May 2010. 2013. Joined the Company as Company in 1997, he has 2013. Joined in the Company as 2006. Previously served as Joined in 1994 as Company Executive Director served in various managerial Secretary till 1998, and returned Executive Director (operations Assistant Director in (operations director) for positions in business to Company in 2006. Worked in director) in 2005. Joined PT Business Development from Serpong in 2005. Worked in Metropolitan Land in 1997 as development, club PwC 1979 – 1988, Ernst & 2003, and has worked in the construction industry as General Manager., then management and retail various managerial positions Whinney London 1988 – 1990, an employee and as an promoted to Director from leasing. since joining the Company Bank Dharmala 1990 – 1994, and entrepreneur contractor from 2002. From 1986 to 1997, in 1999. Hexagon Malaysia in 2000 as FC, 1985 to 2004. then as FD in 2001 worked in a number of companies in the property industry. . 8

  5. Principal Activities  Development of residential townships integrated with: Residential  commercial strips and large retail mall complexes  recreational, public and social facilities such as schools, hospitals, places of worship, parks  general services and infrastructure such as security arrangements, electricity, water, sewerage, roads  Town planning and management of land development in each locality for the most efficient use of land Commercial Retail  Development area totaling ~ 2,000 hectares with  > 40,000 residences (house and apartment)  > 4,000 retail neighbourhood shoplots,  Retail mall complexes totaling over 300,000 sqm of GFA,  recreational facilities  3 Principal Business Segments  Property Development (for sales revenues),  Investment Property (for recurring revenues), and  Leisure & Hospitality (supplemental facilities with recurring revenues) Leisure 9 Township Locations Summarecon Kelapa Gading Distance =17 km SCBD Summarecon Summarecon Bekasi Serpong Distance =26 km Distance =28 km 10

  6. SUMMARECON KELAPA GADING  Started in 1976  Acreage = Original 500 ha. Now 550 ha  Area already developed =540 ha (97%)  Available landbank to develop = 10 ha  Development period ~ 5 years  Already developed :  > 30,000 residential houses  > 2,100 shoplots  > 1,350 apartment units  Investment Properties :  Sentra Kelapa Gading  Harris Hotel Kelapa Gading  Klub Kelapa Gading  Summerville Apartments Kensington  Plaza Summarecon (Head Office)  Menara Satu (Office) 11 Summarecon Kelapa Gading : Current & Future Projects Estimated Development Values Project Total Sold in FY2014 Project Balance Launch 1st Launch Complete % Cluster Name Product Type Year Date Date Sold Units Sale Value Units Sale Value Units Sale Value Rp'Bn Rp'Bn Rp'Bn Sherwood Apartments [3 Towers] Residential 2011 Jun/11 Jun/14 354 574 0 0 0 0 100% Sherwood Garden Townhouse Residential 2012 May/12 May/14 43 218 0 0 0 0 100% Kensington Commercial Commmercial 2013 Mar/13 Sep/14 41 569 0 0 0 0 100% Kensington Apartments [Towers 1,2] Residential 2014 Aug/14 Aug/17 680 1,540 0 0 680 1,540 0% Kensington Apartments [Towers 3,4] Residential 2015 Apr/15 Apr/18 680 1,700 0 0 680 1,700 0% Kensington Office Office 2016 Jun/16 Jun/19 36 540 0 0 36 540 0% Nias Townhouse Residential 2015 Jul/15 Jan/17 44 360 0 0 44 360 0% Graha Timur 2 [Shops] Commmercial 2015 Jul/15 Jan/17 30 510 0 0 30 510 0% Graha Timur 3 [Shops] Commmercial 2016 Jul/16 Jan/18 60 1,090 0 0 60 1,090 0% Summit Apartment 2 Residential 2016 Feb/16 Feb/19 360 1,260 0 0 360 1,260 0% Summerville Apartments [Towers 1,2] Residential 2016 Nov/16 Nov/19 350 1,120 0 0 350 1,120 0% Summerville Apartments [Towers 3,4] Residential 2017 May/17 May/20 350 1,330 0 0 350 1,330 0% TOTAL 3,028 10,812 0 0 2,590 9,450 13% * Development plan and values are subject to change according to the prevailing market conditions Sherwood Apartments 12

  7. SUMMARECON SERPONG  Started in 1993  Acreage = 750 ha (our portion)  Area already developed =250 ha (33%)  Available landbank to develop = 500 ha  Development period ~ 10 years  Already developed :  > 11,000 residential houses  > 1,300 neighbourhood shoplots  > 1,000 residential landplots  Investment Properties :  Summarecon Mal Serpong  St Carolus Hospital Serpong 13 Summarecon Serpong : Current & Future Projects  Scientia Garden  150 ha residential & commercial development 2014 Edison  Remaining 80 ha for future development 2008 Newton  2010 Pascal Development period = 10 years from 2008 to 2017  Already sold 21% of project total development 2011 Scientia 2010 Darwin value  Concept includes investment properties : ‐  Summarecon Digital Centre @ Serpong 2012 Aristoteles  Scientia Garden Village 2009 Dalton 2013 Volta  Scientia Convention Centre  Scientia Business Park 2013 Maxwell Universitas Multimedia Nusantara 2014 Faraday Scientia Business Park 10 Ha Investment Properties 14

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