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CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION January 2020 CBH:MK

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Page 1: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

CREST BUILDER HOLDINGS

BERHAD

CORPORATE PRESENTATION

January 2020

CBH:MK

Page 2: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 2 TABLE OF CONTENTS

Company Overview Investment Highlights Appendix Financial Highlights Business Overview

Page 3: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 3

COMPANY

OVERVIEW

Page 4: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 4 COMPANY OVERVIEW About Us

BUILDING THE NATION

Crest Builder Holdings Berhad (“CBHB” or the “Group”) group of companies was first founded in 1983 by the late Mr. Yong Soon Chow. What started out as a

small contractor business of less than 10 employees has now expanded to a strong public listed corporation with over 400 employees. Over three decades,

CBHB has carved a strong foothold in the local construction and property development industry. Armed with in depth industry experience, CBHB has a

proven track record – especially in commercial, residential and institutional building construction. CBHB counts top branded developers and international

property players amongst its list of premier clientele. CBHB has also established itself in property development complimented by its in-house team of

contruction expertise. Since being established, CBHB has a total property development portfolio bearing a gross development value of approximately RM4.8

billion.

CBHB is principally an investment holding company and had undertaken a Corporate and Debt Restructuring Scheme which involved the take over of the

listing status of MGR Corporation Berhad. CBHB was then transferred on the Main Board of Bursa Malaysia on 12 June 2003.

Page 5: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 5 STOCK INFORMATION CBH:MK Bursa Malaysia

Stock Quote CRESBLD

52 Week Range 0.86 - 1.21

30 Day Average Volume 163,023

Market Cap (MYR) (mil) 147.405

Adjusted Issued Capital (mil) 166.908

(Sources: Crest Builder 2018 Annual Report)

Source: Bloomberg as at 27 Dec 2019

Source: Bloomberg as at 27 Dec 2019

39,91%

4,02%

3,61% 2,73%

50%

SHAREHOLDERS

SC Yong Holdings Sdn Bhd

Amanahraya Trustees Bhd

Great Eastern Life Assurance (Malaysia) Bhd

DBS Bank Ltd

Others

Page 6: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 6 COMPANY OVERVIEW Corporate Milestones

1983

Yong Soon

Chow

established

Crest Builder

Sdn Bhd

2003

Transferred on

to the Main

Market of

Bursa Malaysia

Diversified into

Property

Development

Secured a

RM292

mill ion PFI

Project for

UiTM Tapah

2011

2012 Awarded a LOA

for a Proposed

JV development

project of

Kelana Jaya LRT

Station, with a

GDV of RM1.0

bil l ion

2014

2015

2016

RM285 million

30

storey serviced

apartment 2013

Awarded Dang

Wangi

Redevelopment

Project with a

GDV of RM1.2

bill ion

Awarded LOA by

LGM for a

Redevelopment

Project with a

GDV of RM1.33

bil l ion

Awarded a

RM438.3 mill ion

construction

contract by Sime

Darby Melawati

Development Sdn

Bhd

Entered into a JV

agreement with

LGM in respect of

the RM1.33 mill ion

redevelopment

project

Secured a

RM198 mill ion

construction

contract from

UDA Holdings

Bhd

Mr. Yong

Shang Ming

appointed as

the Group’s MD

Secured a

RM63.9 mill ion

construction

contract for

TTDI Ascencia

The Greens

awarded with

the “Best Residential

Development” by the Property

Insight

Prestigious

Developer

Awards

(“PIPDA”)

2017

2018

Awarded a

RM149.5 mill ion

construction

contract by Mega

Capital

Development Sdn

Bhd

Awarded a

RM328.8 mill ion

construction

contract by

Perdana ParkCity

Sdn Bhd

Awarded a

RM117.8

mill ion

construction

contract by

Toyoma

Aluminium Foil

Packaging Sdn

Bhd

2019

Awarded a RM99.6 mi llion

construction contract by

Techvance Properties

Management Sdn Bhd

Declared a first and

final single tier

dividend of 4.5 sen

per ordinary shares

for FYE2018

As at 30 September

2019, outstanding

order book stands at

RM1.0 bil l ion

Awarded a RM155.1 mi llion

construction contract by

Glomac Segar Sdn Bhd

Acquired a freehold land in

Bandar Bukit Tinggi, Klang

from Gemilang Waras Sdn

Bhd for RM55.0 mi llion

Awarded a RM316 mi llion

construction contract by

Inter Sky Development

Sdn Bhd

Page 7: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 7 COMPANY OVERVIEW Board of Directors

Non-Independent Independent

TENGKU DATO' SULAIMAN SHAH BIN TENGKU

ABDUL JALIL SHAH Non-Executive Chairman

YONG SHANG MING Managing Director

KOH HUA LAN (F)

Executive Director

YONG TIOK KENG (F)

Alternate Director to Koh Hua Lan

KAM YONG KAN Independent Non-Executive Director

LIM BOON TENG

Independent Non-Executive Director

MOHD KHASAN BIN AHMAD Independent Non-Executive Director

Page 8: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 8

BUSINESS

OVERVIEW

Page 9: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 9 BUSINESS OVERVIEW Core Revenue Pillars

The Group construction sector is the

primary business stable which was

established in 1983 under its wholly-

owned subsidiary Crest Builder S/B.

CBHB construction business focuses

on:

▪ Design, construction, completion

and maintenance work for various

infrastructure construction

▪ Construction work for educational

facilities and/or institutions

▪ Construction work for hospitals

▪ Infrastructure and construction

work for hotels, commercial and

residential buildings

CBHB diversified into property

development in 2003 with is first

commercial development project, 3

Two Square.

Today, the Group remains focused on

all fronts choosing to bring its

experience and expertise from its highly

successful construction division into

property development and add

synergistic value.

The Group has a property development

portfolio worth approximately RM4.8

billion in gross development value.

CONSTRUCTION PROPERTY

DEVELOPMENT

PROPERTY

INVESTMENT &

MANAGEMENT

CBHB holds a small portfolio of

properties under its investment

portfolio – namely, The Crest Office

Officer Tower and Tierra Crest which

are generating a favourable recurring

income stream for the Group.

CBHB also is engaged in carpark

management where CBHB has the

capability to provide a comprehensive

service from detailed technical

support, design, construction and

operation of the site.

CONCESSION

ARRANGEMENT

1 2 3 4

In 2010, CBHB entered into a 23 year

concession arrangement with the

Ministry of Education and Universiti

Teknologi Mara (UiTM) to build and

maintain a campus in Perak.

Crest Builder Sdn Bhd holds a 51%

stake while Detik Utuh Sdn Bhd holds

a 49% stake.

Page 10: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 10 BUSINESS OVERVIEW 1. Construction: Completed Portfolio Highlights (1/3)

Northshore

Gardens Kuala Lumpur

Verticas Residensi

Kuala Lumpur Setia Sky Residences

Kuala Lumpur

KLIA Apron

Tower

The Meritz

Kuala Lumpur Menara Bank Islam

Kuala Lumpur

Page 11: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 11 BUSINESS OVERVIEW

Gateway Kiaramas

Kuala Lumpur The Residence Kuala Lumpur

TWINS Kuala Lumpur

Ampang Puteri

Specialist Hospital

Kuala Lumpur

Damansara

Specialist Hospital

Selangor

1. Construction: Completed Portfolio Highlights (2/3)

TTDI Ascensia

Residence

Page 12: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 12 BUSINESS OVERVIEW 1. Construction: Completed Portfolio Highlights (3/3)

Menara

Worldwide Kuala Lumpur

Amcorp Service Suites Petaling Jaya

Menara Binjal Celcom Tower Anggun

Service

Apartment

Residensi

Hijaun

DBKL Carpark

Page 13: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 13 BUSINESS OVERVIEW 1. Construction : Current On-Going Projects

Client Projects Date of

Commencement

Date of

Completio

n

2016 2017 2018 2019 2020 2021 2022 2023 Contract

Value

(RM'mil)

Outstanding

Balance

Value

(RM'mil) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Sime Darby Melawati

Development Sdn Bhd Quarza Mall July 2016 July 2019 438.3 39.2

Intan Sekitar Sdn Bhd Latitud8, Dang Wangi Dec 2016 Dec 2022 350.0 342.1

Mega Capital

Development Sdn Bhd Capri Hotel Jan 2018 Apr 2021 149.5 119.0

Perdana ParkCity Sdn

Bhd South Brooks Feb 2018 Nov 2020 328.8 166.1

Worldwide Rumah Selangorku Feb 2018 June 2020 29.8 28.5

Toyoma Aluminium Foil

Packaging Sdn Bhd Convention Centre Apr 2018 Aug 2020 117.8 86.7

Techvance Properties

Management Sdn Bhd Techvance Hotel Feb 2019 May 2021 99.6 96.5

Glomac Segar Sdn Bhd Plaza KJ Residence Nov 2019 Nov 2021 155.1 155.1

Inter Sky Development

Sdn Bhd

99 Residence

Development July 2020 May 2023 316.0 316.0

TOTAL 1,984.9 1,349.2

We are here

Page 14: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 14

1. Construction: Progress of Quarza Mall BUSINESS OVERVIEW

1. Quarza Mall

▪ Construction of a mixed development project located at PT9344, Seksyen 1, KL East, Sub

District of Setapak, Kuala Lumpur

▪ 2 towers of 37-storey serviced apartments, a 6-storey carpark podium, recreational floor, 4

storeys of commercial and 1 level of basement parking

▪ Contract value of RM438.3 million

▪ Overall Completion 100%, CPC obtained in September 2019

Page 15: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 15

1. Construction: Progress of Capri Hotel

3. Capri Hotel

▪ The Project is located on Lot 790, 791, 792 & 793, Jalan Imbi Seksyen 67, Kuala

Lumpur which consists of:

▪ A total of forty-four (44) storeys with two (2) storeys of basement

▪ Three hundred and seventy-one (371) rooms

▪ Two (2) storeys of lobby and service areas

▪ Four (4) storeys of mechanical and worker areas

▪ Thirty-four (34) storeys of hotel rooms

▪ Six (6) storeys of recreation areas including a mezzanine floor

▪ One (1) storey of mechanical lift area

▪ Mechanical multi-level car park area

▪ Contract value of RM149.5 million

BUSINESS OVERVIEW

Page 16: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 16

1. Construction: Progress of South Brooks BUSINESS OVERVIEW

4. South Brooks

▪ The Project is located on lot 64577, Jalan Daun Inai 20, Desa ParkCity, which consist of two (2) blocks

of residential apartments which are forty (40) storeys tall with a total of 920 units, block A with 460

units and Block B with 460 units, together with one block of car park of 8 storeys with facilities.

▪ Contract value of RM328.8 million

Page 17: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 17

1. Construction: Progress of Rumah Selangorku BUSINESS OVERVIEW

5. Rumah Selangorku

▪ Consists of 118 units of type-C residences and 50 units of type-D residences

▪ Contract value of RM29.8 million

Page 18: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 18

1. Construction: Progress of Toyoma BUSINESS OVERVIEW

6. Toyoma

▪ Convention Centre that consists of an office on level 6 with a car park on the roof top of lot 8 (PN 3923) and lot 9 (PN 3924)

which is located at No. 15 and No. 17, Jalan 19/1, Seksyen 19, Mukim Bandar Petaling, Daerah Petaling, Selangor Darul Ehsan.

▪ Contract value of RM117.8 million

Page 19: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 19

1. Construction: Progress of Techvance Hotel BUSINESS OVERVIEW

7. Techvance Hotel

▪ Consists of 26 floors hotel and serviced residences

▪ Contract value of RM99.6 million

▪ Stage 1: 100% ; Stage 2: starting in December 2019

Page 20: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 20

1. Construction: Progress of Plaza @ Kelana Jaya Residences BUSINESS OVERVIEW

8. Glomac – Plaza @ Kelana Jaya

▪ Consists of 2 block of services residences; 25 floors of SOHO

▪ Contract value of RM155.1 million

Page 21: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 21

1. Construction: Progress of 99 Residence BUSINESS OVERVIEW

9. JL9 Group - 99 Residence

▪ Comprises of 4 blocks of 55 storey service apartments (1,421 units) as well as the podium car parks and facility floors.

▪ Contract value of RM316.0 million

Page 22: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 22 BUSINESS OVERVIEW 2. Property Development: Shah Alam Development Location

TOTAL LAND AREA : 26 ACRES

Page 23: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 23 BUSINESS OVERVIEW 2. Property Development: Batu 3 Shah Alam Projects GDV Breakdown

The Green @ Subang West

GDV RM391mil (Completed)

Alam Prima GDV RM65mil (Completed)

Alam Idaman

GDV RM108mil (Completed)

Avenue Crest GDV RM162mil (Completed)

Total GDV exceeded RM 1 billion Alam Sanjung GDV RM328mil

(Completed)

Page 24: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 24

2. Property Development: Alam Sanjung Shah Alam (Completed)

▪ Residential developmental project comprise of 600 units

of serviced apartments, SOHO units and retail units

▪ Total GDV of RM328 million is made up of the following:

✔ Launched 600 units of serviced apartments with a

GDV of RM260 million ✔ On-going launches of SOHO units and retail units with

GDV of RM68 million

▪ Selling price average at RM620 p.s.f

BUSINESS OVERVIEW

Page 25: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 25

2. Property Development : The Greens @ Subang West (Completed)

▪ Residential Development comprising of 2

towers of medium cost apartments

totalling 646 units. This project phase has

the biggest land size of the 7 acres

compared to the other Shah Alam projects

▪ Gross Development Value of RM 391

million

▪ Selling price at RM 600 p.s.f

▪ Completion date : End of 2018

BUSINESS OVERVIEW

Page 26: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 26

2. Property Development: Latitud8 @ Jalan Ampang

▪ Mixed Commercial development on top of the Dang Wangi LRT Station;

featuring a lifestyle retail podium with business centre and convention

facilities on its highest floor, open office spaces, SOFO suites, SOHO

residences, SOHO duplexes as well as a rooftop lounge and bar

▪ GDV of approximately RM1.2 billion

▪ JV partner PRASARANA will receive payment of 21.2% of the total GDV by

way of a combination of cash payment and payment in kind (completed

units)

▪ Physical works commenced in September 2014 and superstructure works

commenced in 2016

▪ Design changed due to PRASARANA’s new requirements; targeted to

resume 2H19

▪ The Project has been soft launched in Hong Kong and China with booking

rate of 30%

BUSINESS OVERVIEW

Page 27: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 27

2. Property Development : Kelana Jaya LRT Redevelopment

▪ Proposed JV mixed development project of the Kelana Jaya

LRT Station on 4.95 acres of land

▪ Comprise of a 6 level podium will comprise of retail units,

serviced residential suites and offices

▪ GDV of approximately RM1.0 billion

▪ Under the Salient Terms of the LOA - Prasarana shall be

entitled to 24.8% of the total GDV

▪ Land rezoning is currently in progress

BUSINESS OVERVIEW

Page 28: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 28 BUSINESS OVERVIEW 2. Property Development : On-Going Projects

Project Location Development Target Launch Date GDV (RM)

Latitud 8, Dang

Wangi Jalan Ampang

Retail, SOFO Suites and office

suites Q3 2020 1.1 billion

Kelana Jaya LRT

Redevelopment Kelana Jaya

Retail, office suties and

residential 2021 1.0 billion

TOTAL 2.1 billion

Page 29: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 29 BUSINESS OVERVIEW 3. Property Investment: The Crest

▪ Commercial development with 16 storey Corporate Tower

and 1,500 car parks

▪ Corporate HQ of CBHB

▪ Renovation in progress

Value (RM) Occupancy

Rate

NLA

(Sq. Ft.)

Rental Rate

(RM p.s.f)

Rental

Yield

Rental rate

RM 122 mil 35% 144,835* 4.10** 6.6% RM8.0 mil

*NLA excluding car park lots

**Indicates current average rental rate

THE CREST

Page 30: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 30 BUSINESS OVERVIEW

▪ UNITAR is the main achor tenant taking up approximately 85% of the

total lettable area

▪ Tenancy agreement is for (3 + 3 + 3 ) years

▪ Located in Kelana Jaya with access to and from all major highways

such as the NKVE, LDP and the Federal Highway

▪ The 17-storey multi-commercial building consist of 2 office towers and

3-level retail podium

TIERRA CREST

*Rental rate is applicable to office units only

3. Property Investment: Tierra Crest

TIERRA CREST

Value (RM) Occupancy

Rate

NLA

(Sq. Ft.)

Rental Rate

(RM p.s.f)

Rental

Yield

Rental rate

RM 158 mil 85% 285,000 3.00* 5.7% RM9.0 mil

Page 31: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 31 BUSINESS OVERVIEW 4. Concession Arrangement : UiTM Tapah 2 Branch Campus

▪ 23 year concession agreement with the Ministry of Education and Universti Teknologi

Mara (UiTM).

▪ UniTapah is a 51: 49 equity company between Crest Builder S/B and Detik Utuh S/B,

formed to undertake this project.

▪ Concessionaire : UniTapah Sdn Bhd

▪ Contract Date : 19 January 2011 ▪ Completion Date : 18 January 2014 ▪ End of Concession : 18 January 2034

▪ Contract Sum : RM292 million ▪ Annual Concession Income : RM 43.5 million

Page 32: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 32 BUSINESS OVERVIEW 5. Freehold Land : Bandar Bukit Tinggi, Klang

Land Area 6.5 acres / 2.6 hectares

Land Type Freehold, Commercial

Market Value RM57.0 million (as at 25 Sept 2019)

Features Prime and strategic location, situated between

AEON Bukit Tinggi and TESCO Extra Klang, with

Giant Hypermarket and GM Wholesale city

Walking distance to 2 LRT3 stations namely AEON

Bukit Tinggi and Tesco Bukit Tinggi of which both

will be ready in year 2024

Located near 6 schools, college and university

namely SK Bukit Tinggi, SJK (C) Hin Hua, SMK Bukit

Tinggi, SK Taman Klang Jaya, Wawasan Open

University and Terra College.

Estimated GDV RM500m

For Project Development at Bandar Bukit Tinggi, Klang

Inked a sale and purchase agreement with Gemilang Waras Sdn.

Bhd., a subsidiary of WCT Land Sdn Bhd, for the acquisition of a

freehold land in Klang for RM55.0 million.

The Group intends to develop the land into a mixed development

of 3 blocks of residential serviced apartments and commercial

shop lots.

Page 33: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 33

FINANCIAL

HIGHLIGHTS

Page 34: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 34 FINANCIAL HIGHLIGHTS Key Financial Ratios For Q3FY2019

Total Asset

RM 1,461.0M

Revenue

RM 85.5M

Total Equity

RM 511.9M

Total Liabilities

RM 949.1M

Construction

Order Book

Cover Ratio**

3.89x

PE Ratio*

4.48x

Dividend Yield*

4.95%

Profit after Tax

RM 3.4M

Current Ratio

1.47x

*Based on share price as at 27 Nov 2019 of RM 0.91 **Based on FY18 Construction revenue of RM268.66 million

Page 35: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 35 FINANCIAL HIGHLIGHTS

207,39 280,01 282,20 498,98 595,41 372,42 0,00

100,00

200,00

300,00

400,00

500,00

600,00

700,00

FY14 FY15 FY16 FY17 FY18 9MFY19

Revenue (RM’mil)

30,05 27,08 25,92 44,60 98,28 25,30

14,49%

9,67% 9,18% 8,95%

16,51%

6,80%

0,00%

5,00%

10,00%

15,00%

20,00%

0,00

20,00

40,00

60,00

80,00

100,00

120,00

FY14 FY15 FY16 FY17 FY18 9MFY19

Profit Before Tax (RM’mil)

Profit Before Tax PBT Margin

62,38 112,39 98,02 115,34 176,03 69,23

30,08%

40,14% 34,73%

23,15%

29,56%

18,59%

0,00%

10,00%

20,00%

30,00%

40,00%

50,00%

0,00

50,00

100,00

150,00

200,00

FY14 FY15 FY16 FY17 FY18 9MFY19

Gross Profit (RM’mil)

Gross Profit GP Margin

Financial Performance (Annual)

19,98 12,00 14,99 30,38 72,22 18,57

9,63%

4,29% 5,31%

6,10%

12,13%

4,99%

0,00%

2,00%

4,00%

6,00%

8,00%

10,00%

12,00%

14,00%

0,00

10,00

20,00

30,00

40,00

50,00

60,00

70,00

80,00

FY14 FY15 FY16 FY17 FY18 9MFY19

Profit After Tax (RM’mil)

Profit After Profit PAT Margin

Page 36: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 36 FINANCIAL HIGHLIGHTS Financial Performance (Quarterly)

34,30 17,09 10,51 4,70 3,37

19,37%

11,97%

6,41% 3,81% 3,94%

0,00%

5,00%

10,00%

15,00%

20,00%

25,00%

0,00

5,00

10,00

15,00

20,00

25,00

30,00

35,00

40,00

Q3FYE18 Q4FYE18 Q1FYE19 Q2FYE19 Q3FYE19

Profit After Tax (RM’mil)

Profit After Profit PAT Margin

177,06 142,80 163,82 123,11 85,50 0,00

50,00

100,00

150,00

200,00

Q3FYE18 Q4FYE18 Q1FYE19 Q2FYE19 Q3FYE19

Revenue (RM’mil)

44,99 22,90 16,74 8,26 0,30

25,41%

16,03%

10,20%

6,72% 0,34%

0,00%

5,00%

10,00%

15,00%

20,00%

25,00%

30,00%

0

10

20

30

40

50

Q3FYE18 Q4FYE18 Q1FYE19 Q2FYE19 Q3FYE19

Profit Before Tax (RM’mil)

Profit Before Tax PBT Margin

63,71 50,12 25,74 29,24 14,25

35,98% 35,10%

15,70%

23,75%

16,67%

0,00%

5,00%

10,00%

15,00%

20,00%

25,00%

30,00%

35,00%

40,00%

0

10

20

30

40

50

60

70

Q3FYE18 Q4FYE18 Q1FYE19 Q2FYE19 Q3FYE19

Gross Profit (RM’mil)

Gross Profit GP Margin

Page 37: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 37 FINANCIAL HIGHLIGHTS Segmental Breakdown

Construction 268,66

72%

Concession Arrangement

33,99 9%

Investment Holdings

7,32 2%

Property Development

62,45 17%

9MFY19 Revenue (RM' mil)

Construction 211,33

47%

Concession Arrangement

34,60 8%

Investment Holdings

11,90 2%

Property Development

194,83 43%

9MFY18 Revenue (RM' mil)

Page 38: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 38 FINANCIAL HIGHLIGHTS Balance Sheet

RM’ 000 As at 31 December 2018 As at 30 September 2019

Non-current assets: Investment properties 299,328 299,328

Operating Financial Asset 299,337 289,960

Other non-current assets 83,299 82,054

Total non-current assets 681,964 671,342

Current assets: Property Development cost 295,647 294,498

Trade and other receivables 209,290 241,389

Inventories 21,467 23,047

Fixed deposits placed with licensed banks 78,279 67,771

Cash and bank balances 21,641 29,828

Other current assets 165,295 133,169

Total current assets 791,619 789,702

Total Assets 1,473,583 1,461,044

Total Equity 505,024 511,891

Non-current liabilities : Borrowings 395,343 374,093

Other non-current liabilities 35,455 37,525

Total non-current liabilities 430,798 411,618

Current Liabilities: Borrowings 162,996 179,571

Trade payable 358,522 342,793

Other current liabilities 16,243 15,171

Total current liabilities 537,761 537,535

Total Liabilities 968,559 949,153

Net Assets Per Share (sen) 2.87 2.95

Page 39: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 39

INVESTMENT

HIGHLIGHTS

Page 40: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 40 INVESTMENT HIGHLIGHTS Future Prospects

SUSTAINABLE

ORDERBOOK

PROFITABLE

PROPERTY

DEVELOPMENTS

HIGH MARGIN

PRIVATE PROJECTS/

TOD DEVELOPER

✔ Track record have achieved success rates of tender conferment of 15-20% ✔ Strategic partnerships with Bumiputra contractors accords easier access to

Government-linked jobs

✔ Proven track record for high quality product and enables the group to secure

more projects from the retaining clients

✔ Proven & successful business model of identifying land in matured neighbourhoods

/pocket land for developments with quick turn-around time ✔ Strong project portfolio and good take up rates

✔ Strong and healthy project pipeline ✔ Focus on land government privatisation, strong advocate and land swap scheme

with government

✔ Privatisation and infrastructure projects ✔ Dang Wangi LRT Redevelopment Project – the Company’s first billion-ringgit project ✔ Kelana LRT Redevelopment Project

Page 41: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 41

APPENDIX

Page 42: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 42 APPENDIX Board of Directors Profile

TENGKU DATO' SULAIMAN SHAH BIN TENGKU ABDUL JALIL SHAH Non-Executive Chairman

• 21 years experience in construction and various industries

• Awarded titles such as “Dato Di Raja Selangor”, “Orang Besar Istana”, Tengku Setia, “Dato Sultan Sharafuddin Idris Shah”

KOH HUA LAN Executive Director • Co Founder of Crest Builder Sdn Bhd

• 21 years experience in financial and administration

management

• Responsible for administration, human resource, and

management support services

YONG SHANG MING Managing Director • Graduated from City University , London with a Honours

Degree in Civil Engineering

• Responsible for project procurement and implementation,

business development ventures, project planning,

development and marketing operations

LIM BOON TENG Independent Non-Executive Director

• was an audit partner of Deloitte Malaysia and EY China

• A member of Malaysian Institute of Accountants and member of

Malaysian Institute of Certified Public Accountants

• Graduated from Universiti Malaya with a Degree in Accounting in 1996

YONG TIOK KENG Executive Director • Graduate from London School of Economics with a B.Sc in

Accounting & Finance

• 14 years of experience in accounting and finance

• Responsible for corporate affairs and financial policies

MOHD KHASAN BIN AHMAD Independent Non-Executive Director

• Member of Malaysian Institute of Accountants

• Experience in the Capital Markets

KAM YONG KAN Independent Non-Executive Director • 26 years experience in audit, finance, corporate finance, tax

and treasury functions in property related industries

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PAGE 43 APPENDIX Awards / Recognition

YEAR AWARDS & CERTIFICATION

2006 The Malaysia Construction Industry Excellence Award Project

Award

2007 DOSH 100% Accident Free Award

2008

• World Quality Commitment International Gold Star Award

• The Malaysia Construction Industry Excellence Award

Project Award

2012 Menara Binjai - Cityscape Awards for Emerging Markets 2012 for

the Best Sustainable Development Award (Built)

2017 The Greens awarded with the “Best Residential Development” by the Property Insight Prestigious Developer Awards (“PIPDA”)

Page 44: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 44 DISCLAIMER

Information contained in our presentation is intended solely for your personal reference and is strictly confidential, it is not intended to form the basis of any investment decision

or any decision to purchase any securities or any decision to participate in the process. It does not constitute an offer or an invitation or solicitation for or advice of an offer; to

subscribe or to purchase any securities.

Such information is subject to change from time to time without notice and it may not contain all material information concerning Crest Builder Holdings Berhad (“CBHB” or the

“Group”).

Neither we nor our employees, our advisors or our agents make any representation or warranty, express or implied regarding the information, and assumes no responsibility for,

the accuracy or completeness of, or any other oral or written information made available to any interested recipient or its advisors anytime during this process. Liability, if any, is

accordingly expressly disclaimed even if any loss or damage is caused by any act, errors or omission on the part of the aforesaid, whether negligent or otherwise.

In addition, the information contains projections and forward-looking statements that reflect the Group’s current views with respect of future events and financial performance.

These views are based on current assumptions which are subject to various risks and which may change over time. No assurance can be given that future events will occur, that

projections will be achieved, or that the Group’s assumptions are correct. Actual results may differ materially from those projected.

Accordingly, interested parties are advised to carry out their own due diligence, investigations, analysis of any information contained or referred to herein or made available at any

stage in this process.

That the information contained in Presentation is true and accurate in all material respects and is not misleading as at the date hereof, that the opinions and the intentions of the

Group expressed herein are honestly held, and that there are no other facts the omission of which would make this Presentation as a whole or any information herein or

expression of any such opinions or intentions misleading.

Page 45: CREST BUILDER HOLDINGS BERHAD CORPORATE PRESENTATION

PAGE 45

THANK YOU

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email: [email protected]

CREST BUILDER HOLDINGS BERHAD