ANALYST BRIEFING Q4 FY2012 Financial Results & Updates Updated as at 26 February 2013 1
CONTENTS About Deleum Business Activities Highlights for the Year Financial Highlights 2
ABOUT DELEUM 3
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CORPORATE STATEMENT To Provide Sustainable Growth and Enhance Stakeholders’ MISSION Value To be the Market Leader in our Operating Segments VISION domestically and to establish regional presence by 2015 Integrity SHARED Respect, Honesty, Ethics . VALUES Professionalism Accountability, Teamwork, Communication. Health, Safety & Environment Healthy/Balanced Lifestyle, Safety, Environment. Excellence Quality, Deliverance, Rewards. 5
ABOUT DELEUM Provides diverse range of specialised supporting � Deleum Services Sdn. Bhd. (formerly known as � products and services for the Oil and Gas Delcom Services Sdn. Bhd. ) – est. in 1982 Industry PETRONAS licensed � � Relationships – Agency, JV and Self Operated � Long-term relationship with OEMs (> 20 years) Group strength – approx. 585 employees � Penaga Dresser, Kemaman Supply Base, Kemaman Kemaman Asian Supply Base,Labuan Deleum Head Office Workshop Facilities, Miri Deleum Rotary Deleum Branch Office, Solar Turbines Integrated Deleum Primera, 6 Services,Kajang Miri Sg Besi Overhaul Facility,Senawang
BOARD OF DIRECTORS Datuk Vivekananthan a/l Dato’ Izham Bin Mahmud Nan Yusri Bin Nan Rahimy M. V. Nathan Chairman Group Managing Director Deputy Chairman Dato’ Kamaruddin Bin Ahmad Datuk Ishak Bin Imam Abas Chin Kwai Yoong Lt General (R) Tan Sri Dato’ Seri Independent Abdul Ghani Bin Abdul Aziz Independent Independent Non-Executive Director Non-Independent Non-Executive Non-Executive Director Non-Executive Director Director 7
CORPORATE PROFILE Deleum Berhad Profile Historical Price / Volume Chart (as at 26/02/2013) Deleum Berhad (Bursa: Deleum) is an investment holding company and through its subsidiaries, provides a diverse range of supporting specialised products and services for the oil and gas industry, particularly the exploration and production of oil and gas. Key Management Team • Nan Yusri bin Nan • Khairiri Abd Karim Rahimy Chief Operating Officer Group Managing Director Deleum Rotary Services Sdn. Bhd. • Zamani Abd Ghani Group Chief Operating • Lee Sew Bee Officer Senior General Manager Corporate Services • Heng Phok Wee Market Data Chief Operating Officer • Jayanthi Gunaratnam Deleum Services Sdn. Bhd. Current Share Price (as at 26/02/13) RM1.90 Senior General Manager Finance, Administration & Issued and Paid Up Capital 150 Million • Ahmad Uzhir bin Khalid Procurement Chief Operating Officer Market Capitalisation (as at 26/02/13) RM285 Million Deleum Oilfield Services Shareholders Equity as at 31 RM215 Million Sdn. Bhd. December 2012 Net Cash as at 31 December 2012 RM61.8 Million 8
MILESTONES ACCOMPLISHED (1987) (2008) � Establishment of Turboservices Sdn. Bhd. (TSSB) � Establishment of Turbine Overhaul Facility (1982) - JV with Solar Turbines Inc. (After Market Sales - Dedicated Solar Turbines Integrated Service Centre � Establishment of Deleum for Gas Turbines) Services Sdn. Bhd. (DSSB) ( formerly known as � Acquisition of 51% equity interest of Penaga Dresser Delcom Services Sdn. Bhd.) Sdn. Bhd. via 80% subsidiary Delcom Holdings Sdn. Bhd. � Establishment of Camco (Malaysia) Sdn. Bhd. (CMSB) (2010) - JV with Camco Inc.(Wireline & Completion � Acquisition of Deleum Rotary Services Sdn. Bhd. Services) (formerly known as Rotary Technical Services Sdn. Bhd.) (DSSB’s wholly owned subsidiary) 1995 1995 2000 2000 2005 2005 2010 2010 2012 2012 1982 1982 1985 1985 1990 1990 1995 1995 2000 2000 2005 2005 2010 2010 2012 2012 1982 1982 1985 1985 1990 1990 (1999) � Camco Inc acquired by Schlumberger (2012) � 30 th Anniversary & Corporate (2001) (2007) � DSSB’s 49% acquisition of CMSB from Schlumberger � Listed on Main Market Rebranding and assumed its current name of Deleum Oilfield Services Bursa Malaysia via Sdn. Bhd. (formerly known as Delcom Oilfield Services investment holding � Acquisition of 60% equity interest Sdn. Bhd.) (DSSB’s wholly owned subsidiary) entity Deleum Berhad in Deleum Primera Sdn. Bhd. (formerly known as Northern Primera Sdn. Bhd.) 9
GROUP CORPORATE STRUCTURE Deleum Services Sdn. Bhd. Turboservices Overhaul Deleum Services Holdings Limited Delflow Solutions Sdn. Bhd. 100% Sdn. Bhd. 100% 100% (formerly known as Delcom 100% (formerly known as Delcom Services Holdings Services Sdn. Bhd.) Limited) Deleum Oilfield Services Sdn. Bhd. 100% (formerly known as Delcom Oilfield Services Sdn. Bhd.) Malaysian Mud And Delcom Utilities (Cambodia) Deleum Chemicals Sdn. Bhd. Chemicals Sdn. Bhd. Limited 100% 32% 60% ( formerly known as Delcom Chemicals Sdn .Bhd.) Deleum Rotary Services Sdn. Bhd. 100% (formerly known as Rotary Technical Services Sdn. Bhd.) Cambodia Utilities Pte. Ltd. SledgeHammer Malaysia Sdn. Bhd. 20% 100% Wisteria Sdn. Bhd. 100% Delcom Power (Cambodia) Limited VSM Technology Sdn. Bhd. 60% 90% Delcom Holdings Sdn. Bhd. Penaga Dresser Sdn. Bhd. 80% 51% Turboservices Sdn. Bhd. 74% Deleum Primera Sdn Bhd 60% (formerly known as Northern Primera 10 Sdn. Bhd.)
BUSINESS ACTIVITIES 11
CORE BUSINESS SEGMENTS POWER AND MACHINERY OILFIELD SERVICES • Provision of gas turbine • packages Provision of wireline equipment and services • Supply of gas turbines parts, Power • Integrated wellhead • Gas turbine overhaul, Oilfield maintenance services and maintenance and technical Services • Provision of oilfield services Machinery chemicals • Combined heat and power • Other oilfield products plant and technical services • Supply, repair, maintenance and installation of valves and Maintenance, flow regulators Repair and • Other production related Overhaul equipment services MAINTENANCE, REPAIR AND OVERHAUL • Repair, servicing, maintenance and overhaul of motors, generators, transformers, pumps • Integrated corrosion, inspection and mitigation for surface preparation • Composite repair and structural integrity 12
BUSINESS ACTIVITIES 13
POWER AND MACHINERY
POWER AND MACHINERY We possess the capability to supply: � complete life cycle support of gas turbine generators and compressor packages Approximately 250 gas turbine • packages installed � Turnkey / EPCC solutions CHP plants – Malaysian Mosaic Limited • & Muda Paper Mill, Petronas Fertiliser District cooling plant – KLCC, UTP , • Putrajaya � Total life cycle support of valves and flow regulators � Provision of umbilical, piping insulation solutions and mooring system � Provision of floating production systems 15
POWER AND MACHINERY (Cont’d) � INTEGRATED SERVICES CENTRE � Invested plant and equipment > RM 20 mil � Sitting on 3.5 acres site (30k sqft built-up area) � Equipped with advanced simulators and training skids � Capabilities • Turbine overhaul • Component repair & remanufacture • Stocking • Retrofits • Training • Regional turbine packages 16
OILFIELD SERVICES
OILFIELD SERVICES Deleum’s Oilfield Services segment specialises mainly in upstream operations, topside and downhole support services consisted of the following: � Provision of wireline equipment and � Completion services logging services � Integrated wellhead maintenance � Oilfield chemical services � Other oilfield products and technical � Decommissioning of platforms and wells services 18
OILFIELD SERVICES 19
OILFIELD SERVICES (Cont’d) � SPECIALTY CHEMICALS � Signed Joint Commercialisation Agreement with PETRONAS to jointly undertake commercialisation activities in respect of the thermo-chemical solution, SolidClenz™ (formerly referred as SDTT) on 3 November 2011 � SolidClenz™ - a thermo-chemical solution for organic deposit treatment in and around wellbore for production enhancement New Development � Subsequent to the success, more solutions were developed, as follows: Del-Clean – to dissolve and disperse inorganic • scale along with organic deposits Antifoulant GP/HX – for online chemical • treatment in crude or gas processing units 20
MAINTENANCE, REPAIR AND OVERHAUL (MRO)
MAINTENANCE, REPAIR AND OVERHAUL Primary Focus: � � Servicing, repair and maintenance of motors, generators, transformers, pumps, valves (via Deleum Rotary Services Sdn. Bhd.) � Integrated corrosion, inspection and mitigation for surface preparation (via Deleum Primera Sdn. Bhd.) � Composite repair integrity for pipeline and structure for oil and gas as well as general industries. (via Deleum Rotary Services Sdn. Bhd.) IECEx certified from Simtars, Australia � � Expertise/ Capabilities Repair, services & maintenance � Motors � Genset, transformers, etc � Electrical generation & transmission equipment � Service & repairs for rotating equipment � Engineering & design capabilities � Turnkey/ Integrated maintenance service � 22 � Service Facilities – Kajang, Pasir Gudang
RECOGNITIONS AND AWARDS
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