3Q2019 Financial Performance November 29, 2019
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AGENDA PLAT @ a glance Industry Update 3Q2019 Financial Performance Going Forward Appendix
FR FR Our Mission To be the leader in commercial property development sector with mixed use development to cover residential, office and hotel together with fill support for entrepreneur, social and environment by making the optimum return to shareholders, encouraging work life balance to employees, and looking for corporate partners to achieve the sustainable growth. • To Support “ Pratunum Trading District” development as a central strategic location for the country. • To continue strengthen wholesale and retail shopping center management in all market segments. • To promote the holistic view of mixed used property development to meet business requirement for local and South East Asia. • To encourage the entrepreneurship, strategic partner engagement, and responsible for social , community, environment, employees and shareholders for sustainable growth. • To develop personnel potentiality in preparation for business expansion and encourage the employees to align with the business engagement strategy and the encouraging the novelty or new ideas to generate new innovation. 4
At a Glance Symbol PLAT Major Shareholders Industry Property & Construction Market cap. 13,160 MB (as of 8 November 2019) Sector Property development Choturangkool Others Family Par value Baht 1 27% 47% No. of share 2,800,000,000 First day trading in SET 24 March 2015 2,800,000,000 % Free float 34.10% Shares Institutional % Thai institutional shareholders 99% Investors 8% % Foreign institutional 1% shareholders Limpiviwatkul Family % NVDR 3% Wijithanarak 8% Family Dividend policy At least 40% of the net profit after 10% tax deductions and legal reserves of separate financial statement as of 9 September 2019 5
FR FR Diversified Business Portfolio Well mixed with synergy support to each others 1. Rental & Services The Platinum Fashion Mall, The Market Bangkok, The Neon Night Bazaar, and The Wharf Samui 2. Hotel Current project: Novotel Bangkok Platinum Hotel Our Core Future projects: Holiday Inn Resort, Holiday Inn Express, Moxy, Fairfield Business 3. Food & Beverage Food Center on the 6 th floor, The Platinum Fashion Mall 4. Office Building Future project on the top of The Market Bangkok 6
FR FR Our Strengths Growth Company Prime locations RECURRING INCOME D/E = 0.3 Ratchaprasong - Pratunam Upcoming projects: 4 Hotels Tenants supports 1 Office Building 1 Retail Market 7
FR FR Project Timeline Investment 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 value (MB) Holiday Inn 127 keys, freehold 425 Resort Samui Holiday Inn 202 keys, freehold 475 Express Samui The Market 6,700 sq.m., leasehold 30+30 year ended 2079 1,000 Retail Phase II Moxy Hotel @ 532 keys, leasehold 30+30 year end 2079 1,400 M1 The Platinum Net area 38,000 sq.m., leasehold 30+30 year end 2079 1,900 Tower @ M2 Fairfield Hotel 434 keys, leasehold 30+30 year end 2079 1,300 @ M3 Total Project 900 @ Samui Rent & Services Office Building Hotel Business Business Business Total Mixed- 5,600 use Project Total 6,500 8
The Market Bangkok Ratchaprasong Mixed-used Project The Platinum Tower Moxy Fairfield The Market M3 The Market M1 M2
FR FR Expansion Plan Hotel Business Rental & Services Business (No. of keys) (Leasable area sq.m.) Y2023 Y2023 107,290 1,583 Y2019 38,000 532 34,700 65,417 Y2018 Y2017 30,827 434 Y2020 34,590 Y2018 Y2019 33,186 617 23,410 23,410 23,410 23,410 288 288 288 288 288 288 202 202 5,757 5,757 5,757 5,423 5,423 5,423 5,423 127 127 4,353 2018 2019 2020 2022 2017 2018 2019 2023 The Platinum Fashion Mall The Wharlf Samui Novotel Platinum Holiday Inn Resort Samui The Neon Night Bazzar The Market Bangkok Holiday Inn Express Samui Moxy @ M1 The Platinum Tower (office) Fairfield @ M3 In 2020, 329 additional keys from Holiday Inn and Holiday Express December 2018, The Neon Phase II add leasable area of 1,344 sq.m. In 2023, 966 additional keys from 2 hotels at The Market Bangkok Project February 2019, The Market Phase I add leasable area of 30,827 sq.m. (Moxy Hotel on M1 and Fairfiled Hotel by Marriott on M3 Building) 10
FR FR Five-Year Capital Expenditures Plan • Project Investments unit: MB 2,854 1,716 1,248 1,141 1,145 792 622 BEFORE 2018 2018 2019 2020 2021 2022 2023 2015-2017 2018 2019 2020 2021 onwards 32,938 sq.m. 34,282 sq.m. 62,282 sq.m. 106,982 sq.m. 62,282 sq.m. 288 keys 288 keys 288 keys 1,583 keys 617 keys 2019 Capital Expenditure Spending 486 MB 248 MB 22 MB 11
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