TAMBUN INDAH LAND BERHAD Corporate Presentation In Conjunction With - PowerPoint PPT Presentation

TAMBUN INDAH LAND BERHAD Corporate Presentation In Conjunction With Initial Public Offering on the Main Market of Bursa Malaysia Securities Berhad 29 December 2010 Adviser, Sole Underwriter & Placement Agent IR Adviser AQUILAS

2 Tambun Indah – undoubtedly a better case… ► Exposure to the growing Penang property market ► Sustainable catalysts driving state’s property prices ► Tambun Indah’s reputation for quality homes is proven by its well-supported secondary market prices ► GDV pipeline of RM1 billion till 2016 ► Strong balance sheet with net cash position (net cash/share of RM0.21 post-IPO, compared to indicative IPO price of RM0.70/share) ► Highly-efficient developer with RM24 mil net profit over RM101 mil revenue in FY09, impressive net margin of 24% (vs recent property IPO’s 14%) ► Progressive dividend policy to pay 40%-60% of Group net profits to shareholders, estimated 6.7%* net dividend yield at IPO price ► Undemanding valuation of 6.5x historical PE (equivalent to 4.5x PE if net of cash) * Based on annualized FY2010 net profits, and 40% dividend payout A Better Case… INVESTMENT CASE Profile Profile Profile Financials Industry Industry Industry Growth Growth Financials Financials Growth IPO Statistics IPO Statistics IPO Statistics Investment Case Investment Case Investment Case

3  Corporate Profile  Industry Outlook  Growth Strategies  Financial Highlights  IPO Statistics A Better Case… CONTENTS Profile Profile Profile Financials Industry Industry Industry Growth Growth Financials Financials Growth IPO Statistics IPO Statistics IPO Statistics Investment Case Investment Case Investment Case

CORPORATE PROFILE Premier Home Provider in Mainland Penang…

5 Carving a niche as a reputable provider of premium and luxury homes in Mainland Penang… Founded in 1994, Tambun Indah Land Bhd  (Tambun Indah) is a reputable and premier property developer in Mainland Penang Tambun Indah is instrumental in introducing  innovative property concepts to Mainland Penang  E.g. 1 st guarded & gated landed community, 1 st landed strata scheme Tambun Indah is focused on providing luxurious  lifestyle at affordable prices, with community- centric features  Sold >2,800 units with total GDV of >RM800 mil  Typically delivered ahead of schedule and enjoying full take-up rates Proposed Second Bridge A Better Case… BACKGROUND Profile Profile Profile Financials Industry Industry Industry Growth Growth Financials Financials Growth IPO Statistics IPO Statistics IPO Statistics Investment Case Investment Case Investment Case

6 Committed to innovation and excellence in products and services… To be a responsible regional developer Vision committed towards sound design and quality, excellence, timely delivery and good after-sales service To provide professional expertise and Mission achieve excellence through quality & innovation A Better Case… VISION & MISSION Profile Profile Profile Financials Industry Industry Industry Growth Growth Financials Financials Growth IPO Statistics IPO Statistics IPO Statistics Investment Case Investment Case Investment Case

7 15-year track record of introducing cutting-edge home concepts with quick turnaround… • Commenced development of Taman Tambun Indah - Group’s 1 st 1995 project which was also the 1 st gated landed community in Mainland Penang 1997 • Completed initial phase of Taman Tambun Indah (287 bungalows) • Undertook further developments: Taman Tambun Indah, Taman 1998 - current Tambun Emas, Taman Seri Tambun & Casa Permai • Commenced development of Scotland Villas – Group’s 1 st project in 2002 Penang Island • Commenced development of Casa Impian I and Juru Heights (Phase 2006 I) • Commenced development of Palm Villas – 1 st gated and guarded strata 2007 landed homes in Mainland Penang • Commenced development of Casa Impian II and Juru Heights 2008 (Phase II), and Casa Permai • Commenced Carissa Park, Pearl Garden (Phase A1A) and Seri 2009 Palma 2010 • Commenced Pearl Garden Phases A1B & A2 A Better Case… CORPORATE MILESTONES Profile Profile Profile Financials Industry Industry Industry Growth Growth Financials Financials Growth IPO Statistics IPO Statistics IPO Statistics Investment Case Investment Case Investment Case

8 Focused on property development business… Tambun Indah Land Berhad Cenderaman Denmas Langstone Tokoh Tambun TID TKS Land Hong Hong Jasnia Development Development Sdn Bhd Edaran Indah Development Sdn Bhd Development Sdn Bhd Sdn Bhd Sdn Bhd Sdn Bhd Development Sdn Bhd Sdn Bhd (100%) (100%) (100%) Sdn Bhd (100%) (100%) (100%) (100%) (100%) (70%) CBD Land Denmas Epiland Intanasia Juru Heights Perquest Zipac Tambun Sdn Bhd Sdn Bhd Properties Development Sdn Bhd Sdn Bhd Development Indah Sdn Bhd Sdn Bhd Sdn Bhd (50%) Sdn Bhd (100%) (100%) (100%) (100%) (100%) (100%) (50%) A Better Case… CORPORATE STRUCTURE Profile Profile Profile Financials Industry Industry Industry Growth Growth Financials Financials Growth IPO Statistics IPO Statistics IPO Statistics Investment Case Investment Case Investment Case

9 1 st successful township development raised Tambun Indah’s reputation… maiden Penang Island project for high -end market Taman Tambun Indah 1 st gated and guarded landed community in  Mainland Penang Land area: 101.8 acres  GDV: RM116.22 mil  Commenced in 1995, Completed in 2008  Scotland Villas Located in Penang Island, next to Penang Turf  Club Land area: 2.3 acres  GDV: RM56.18 mil  Commenced in 2002, Completed in 2004  A Better Case… COMPLETED PROJECTS Profile Profile Profile Financials Industry Industry Industry Growth Growth Financials Financials Growth IPO Statistics IPO Statistics IPO Statistics Investment Case Investment Case Investment Case

10 Constantly introducing contemporary designs that appeal to the young urban market… Casa Impian 177 units of residential properties • Land area: 11.60 acres • GDV: RM59.04 million • Commenced in 2006, Completed in 2009 • Palm Villas 1st gated strata landed project, i.e. landed  property with convenience of property management services 148 units of residential properties  Land area: 11.09 acres  GDV: RM60.81 million  Commenced in 2007, Completed in 2009  A Better Case… COMPLETED PROJECTS (CONT’) Profile Profile Profile Financials Industry Industry Industry Growth Growth Financials Financials Growth IPO Statistics IPO Statistics IPO Statistics Investment Case Investment Case Investment Case

11 Numerous other completed projects reinforce brand equity… Taman Tambun Emas • 160 units of residential properties • Land area: 10.10 acres • GDV: RM34.23 million • Commenced in 2005, Completed in 2008 Taman Seri Tambun • 180 units of residential properties • Land area: 13.60 acres • GDV: RM31.90 million • Commenced in 2002, Completed in 2007 Casa Permai • 86 units of residential properties • Land area: 7.12 acres • GDV: RM26.78 million • Commenced in 2008, Completed in 2010 Seri Palma • 6 units of residential properties & 3 commercial units • Land area: 0.95 acre • GDV: RM4.60 mil • Commenced in 2009, Completed in 2010 A Better Case… COMPLETED PROJECTS (CONT’) Profile Profile Profile Financials Industry Industry Industry Growth Growth Financials Financials Growth IPO Statistics IPO Statistics IPO Statistics Investment Case Investment Case Investment Case

12 Easy accessibility of the Group’s current mainstay Juru Heights adds to attraction…other ongoing projects cater to growing enclave Juru Heights Gated & guarded residences next to Juru Auto City  5-min drive from Prai Industrial Estate and North-South  Highway; 15-min drive from 1 st & 2 nd Penang bridges Total land area: 81.25 acres  Total GDV: RM255.12 mil  Commenced in 2006, Full completion in early 2011  Carissa Park 144-unit condominium  Land area: 2.73 acres  GDV: RM25.93 mil  Commenced in 2009, To be completed in 2011  A Better Case… ONGOING PROJECTS Profile Profile Profile Financials Industry Industry Industry Growth Growth Financials Financials Growth IPO Statistics IPO Statistics IPO Statistics Investment Case Investment Case Investment Case