EGM
Disclaimer The presentation is prepared by BH Global Corporation Limited. (the “ Company” ) and is intended solely for your personal reference and is strictly confidential. The information contained in this presentation is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the Company. Neither the Company nor any of its affiliates, advisors or representatives make any representation regarding, and assumes no responsibility or liability whatsoever (in negligence or otherwise) for, the accuracy or completeness of, or any errors or omissions in, any information contained herein nor for any loss howsoever arising from any use of these materials. By attending this presentation, you are agreeing to be bound by the restrictions set out below. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. The information contained in these materials has not been independently verified. No representation or warranty, expressed or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of, the information or opinions contained herein. It is not the intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the Company's financial or trading position or prospects. The information and opinions contained in these materials are provided as at the date of this presentation and are subject to change without notice. None of the underwriters nor any of their respective affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of these materials. In addition, the information contains projections and forward-looking statements that reflect the Company's current views with respect to future events and financial performance. These views are based on 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 the control of the Company and its directors. No assurance can be given that future events will occur, that projections will be achieved, or that the Company's assumptions are correct. Actual results may differ materially from those forecast and projected. This presentation and such materials is not and does not constitute or form part of any offer, invitation or recommendation to purchase or subscribe for any securities and no part of it shall form the basis of or be relied upon in connection with any contract, commitment or investment decision in relation thereto. This document may not be used or relied upon by any other party, or for any other purpose, and may not be reproduced, disseminated or quoted without the prior written consent of the Company. Any investment in any securities issued by the Company or its affiliates should be made solely on the basis of the final offer document issued in respect of such securities. Relaying copies of this presentation to other persons in your company or elsewhere is prohibited. These materials are not for distribution, directly or indirectly, in or into the United States, Canada or Japan. These materials are not an offer of securities for sale into the United States, Canada or Japan. The securities may not be offered or sold in the United States under the U.S. Securities Act of 1933, as amended, unless they are registered or exempt from registration. There will be no public offer of securities in the United States.
Business Division Supply Chain Design & Engineering Solutions Cyber & Surveillance M anagement M anufacturing & services Security
Road to Transformation Full disposal of non performing entities o BH M arine & Offshore Engineering o Oil & Gas Solution o Gulf Specialty Steel Industries Strengthen core businesses Supply Chain M anagement Cost cutting measures in view of marine & offshore downturn Formed J V with J apanese partner to leverage on their extensive networks in J apan – world’s second largest shipbuilding nation Focusing on new growths
Transformation Focusing on new growths Environmental Electrification Digitalisation Technology R&D
Environmental LED Green Lighting Solutions Kunshan factory completed in 2018Q4 M eet most stringent environmental requirement M eet key M NC customers audit requirement Ready for future growth in OEM / ODM Innovative and strong R&D engineering capability Numerous patents and trademarks Recent projects Y angon Port Terminal 3 US A Cable factories Energy saving as much as 80% coupled with Smart Adaptive Control
Environmental Smart Scrubber System Working with Nanyang Technological University M aritime Energy Testbed (M ETB) Huge market potential for vessel retrofit For ships operating outside designated Emission Control Areas, IM O has set a limit for sulphur in fuel oil used on board ships of 0.50% m/ m (mass by mass) from 1 J anuary 2020. This will significantly reduce the amount of sulphur oxide emanating from ships and should have major health and environmental benefits for the world, particularly for populations living close to ports and coasts.
Environmental FPI GRE Piping System Exclusive distributorship for Singapore, Japan and Vietnam Requirement from Scrubber and Ballast Water M anagement S ystems Long Service Life of up to 30 years Corrosion resistance to acidic water Light weight compared with traditional carbon steel pipe
Electrification BHG Electrification Global GHG reduction targets: • EU commits to cut emissions by at least Distributor of Danfoss Editron Power 40% below 1990 levels by 2030 Drivetrain S ystem • Singapore pledged to reduce by 36% Distributor of Forsee Power Energy below 2005 levels by 2030 Storage and M anagement S ystem • IM O adopted an initial strategy to Working with shipyards, ferry operators, reduce GHG from shipping by 40% by 2030 from 2008 level and crew boats charterers • M aritime electrification is gaining momentum
Digitalisation Online order system Warehouse M anagement System WM S Warehouse M anagement System
Digitalisation Cyber Security Comprehensive suite of solutions o Unique non-detection solutions – CDR (Content Disarmed and Re-construction) o ISOC (Isolation and Containment) o M achine learning monitoring system o Assets management tools Credible project references from government agencies, critical infrastructures, M NCs, educational and financial institutions Targeting regional expansion, maritime market and local SM Es
Technology R&D Infrared Technology Established 2 nd R&D centre in Taiwan In the pipeline: 4 th generation M ass Fever Screening S ystem Night Vision products M arine & offshore CCTV S ystem Potential engagement with leisure marine companies for product integration, channel sales and possible OEM
Rights issue – Use of proceeds Use of Proceeds M aximum Subscription M inimum Subscription Scenario Scenario (S$ mil) % (S$ mil) % 1.9 33.33 1.8 54.55 R&D activities and patents applications Expansion of production facilities, product range, 2.0 35.09 1.4 42.42 engineering capabilities, cyber security operation and digitalisation service offerings 0.8 14.04 - - Repayment of borrowings 1.0 17.54 0.1 3.03 General working capital Total Net proceeds arising from the Rights Issue 5.7 100.00 3.3 100.00
Rights issue – key timelines Date Event 3 January 2019 Extraordinary General M eeting 15 January 2019 Last day for shares to trade on cum-rights basis on SGX 16 January 2019 Shares trade on ex-rights basis 17 January 2019 Books Closure Date (5pm) 22 January 2019 Commence applications for Rights Shares (including ATM s) Commence trading of nil-paid rights (9am) Despatch of Offer Information Statement to shareholders 30 January 2019 Last day for trading of nil-paid rights 7 February 2019 Closure of acceptance (5pm for CDP , 9.30pm for ATM ) 14 February 2019 Allotment and issue of Rights Shares 15 February 2019 Listing and quotation of Rights Shares on SGX-S T (9am)
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