Investor Presentation 2013

ContentsContents

•Corporate Information

•Corporate Strategy

•Property Development Projects

•Performance Data

•Project Launches for 2012

•Overview

•Conclusion

2

Corporate Information

HIGHLIGHTS

•Delivered more than 12,000 units with GDV

exceeding RM2.00 Billion in various projects in the

state of Perak, Kuala Lumpur City Centre and also

Mont’ Kiara

•Profit performance has consistently exceeded

market forecast for the last 9 financial years since

listing.

• Enjoy high EBITDA margin due to relatively low land

costs, in-house construction arm to capture

construction margin and development of high margin

niche property projects.

•Net gearing at 0.34 as of FQ4 2012

•1982 – Started by the Yu family in Sitiawan, Perak,

Malaysia

•Dec 2003 – Listed on the Bursa Malaysia Main

Board

•Dec 2009 – Completed Fraser Place development

•Mar 2010 – Completed Ceriaan Kiara development

A BRIEF HISTORY

MARKET INFORMATION

18.94%Profit Before Tax

Margin

13.64%Net Profit Margin

0.41Net Gearing

36.02%Gross Profit Margin

RM860.5 millionMarket Capitalization

RM2.08Current Share Price

Bursa Malaysia Main

Board

Stock Listing

4

Financial information as of FQ4 2012

Corporate Strategy

Corporate Strategy: Clear Land Bank StrategyCorporate Strategy: Clear Land Bank Strategy

•Selective acquisition

•YNH will only acquire in strategic locations

•Operating margins have ranged between 36% to 45%

•Entry cost must be favourable

•Land cost must be no more than 20% of expected GDV of project

•Constantly on the lookout for strategic land

•Acquired 3 acres of prime land along Jalan Sultan Ismail in July

2004

•Secured approximately 18 acres of land in KL and Hartamas area

•Geographic concentration will be Manjung, and selective parts of Klang

Valley and Ipoh

•Another strategic landbank was acquired in end of FY 2008 located in

Genting Highland resort, next to First World Hotel, approximately 100

acres for RM16.5 mil

6

Menara YNH

9%

Fraser Place

3%

Ceriaan Kiara

9%

1 Duta

15%

2&3 Duta

17%

5 Duta

13%

Fraser Residence

6%

Kiara 163

17%

6 Duta

9%

7 KL

2%

Corporate Strategy: Clear Land Bank StrategyCorporate Strategy: Clear Land Bank Strategy

6

Manjung Point Township

Samudera Township

Sitiawan Town

Mukim Si tiawan

Sri Manjung Town

Lumut Town

Mukim Lumut

Pengkalan Baru

Mukim Beruas

Mukim Batang Padang

Mukim Sg Tinggi Batang

Padang

Govt Land at Kg Acheh

Menara YNH

Fraser Place

Ceriaan Kiara

1 Duta

2&3 Duta

5 Duta

Fraser Residence

Kiara 163

6 Duta

7 KLKuala Lumpur,

34.3

Perak, 986.5113

Kuala Lumpur

Perak

59.53%

0.49%

0.10%

12.02%

0.05%

0.48%

4.32%

2.96%

7.60%

1.49%

0.48%

10.14%0.34%

Corporate Strategy: Sustainable growthCorporate Strategy: Sustainable growth

•Focused on property development

• Emphasis on demand market - residential project in Manjung,

commercial project in Ipoh on location where demand is firmest

• Fast implementation and turnaround of projects for maximum returns

and to mitigate risks

• Profits to be re-invested in new projects, or returned to shareholders

•Sustainable growth preferred

• YNH has an enviable track record of growth – Pretax profit CAGR of

13.93% for the past 9 years (excluding restructuring and listing expenses

incurred in FYE Dec 2003)

• Emphasis on sustaining growth

• Targeting at least 15% earnings growth p.a. for the next few years

• Manjung projects provide a steady base

• Klang Valley and Ipoh projects will result in better product mix and

higher margins

•Genting project will provide additional dimension to the company as well

as a new growth area

7

Corporate Strategy: KL City CentreCorporate Strategy: KL City Centre

•To increase our foothold in High-End service residential developments within

Kuala Lumpur City Centre.

Fraser Place, a high quality service

residence managed by Fraser

Hospitality Pte. Ltd., the hospitality

arm of the Fraser & Neave Group

Receiving strong responses from

the public, we decided to move up a

step in terms of quality service

residence.

8

Corporate Strategy: KL City CentreCorporate Strategy: KL City Centre

•To increase our foothold in High-End service residential developments within

Kuala Lumpur City Centre.

Fraser Residence, the

epitome of quality living

right in the heart of Kuala

Lumpur City Centre

Bringing to the market the

highest of quality,

convenience and comfort,

whist continuing a strong

relationship with the Fraser

& Neave Group. We will

strive to continue providing

excellence in quality living.

9

Corporate Strategy: MontCorporate Strategy: Mont’’ KiaraKiara

•To increase our foothold in the High-End service residential, office and

commercial developments within Kuala Lumpur, Mont’ Kiara.

Ceriaan Kiara, our first

high-end condominiums in

Mont’ Kiara

Strong response from the

public due to us pricing

competitively significantly

below market competitors

whilst not compromising

on spaciousness and

quality furnishing.

10

Corporate Strategy: MontCorporate Strategy: Mont’’ KiaraKiara

•To increase our foothold in the High-End service residential, office and

commercial developments within Kuala Lumpur, Mont’ Kiara.

Stepping ahead and

moving into High-End

service residences, A-

grade office spaces, and

providing a high quality

retail podium.

Our mixed development

redefines the meaning of

Live, Work & Play, all

conveniently located within

Kiara 163.

11

Corporate Strategy: Seri ManjungCorporate Strategy: Seri Manjung

•To re-focus on creating a greater Seri Manjung and to capitalize on the future

potential of the area.

Shifting our focus from

low-cost, affordable

housing and economical

shopping, we are moving

to step up a level in the

Seri Manjung market.

Beginning with the build

and lease agreements with

AEON Co. (M) Bhd. for an

AEON shopping centre,

and also with Pantai

Holdings Bhd. for a Pantai

Hospital, we are looking to

expand the town centre to

a new standard of living.11

Performance Results

Performance ResultsPerformance Results

0

100

200

300

400

500

600

700

800

900

RM m

0

0.05

0.1

0.15

0.2

0.25

0.3

0.35

0.4

0.45

0.5

Total Borrowings 65.5 116.7 93.9 140.7 257.5 208.3 201.1 312.5 373

S/ Holder Fund 303.6 439.4 487.4 663.7 661.9 712.5 756 790 832

Gearing 0.21 0.26 0.19 0.21 0.39 0.29 0.26 0.39 0.45

2004 2005 2006 2007 2008 2009 2010 2011 2012

13

0

50

100

150

Earnings (RM m)

0

50100

150

200

250300

350

400

Revenue (RM m)

PBT 51 75 93.7 109.5 118.7 70.5 78.7 68.6 63.4

PAT 38.3 53.6 69.5 80.9 86.8 51.9 57 46 49.6

Revenue 122 168.7 255.1 280.3 350 246.6 252.1 229.4 281.5

EBITDA 54.8 78.2 98.4 131.8 155.9 110.8 100.3 121.1 123.2

2004 2005 2006 2007 2008 2009 2010 2011 2012

0.4185431711.015.329.080.74Q results

2012

(times)(RMm)(RMm)(RMm)(RMm)(RMm)(RMm)

Net

Gearing

S/holder FundBorrowingsPATPBTEBITDARevenue

Property Development Projects

RM20 mn

RM110 mn

RM150 mn

RM130 mn

RM260 mn

RM80 mnPantai Hospital to be

constructed in Manjung

Pantai Hospital,

Manjung

RM50 mn

RM210 mn

RM300 mn

RM320 mn

RM560 mn

RM1.98 bn500 housesManjung Township

RM135 mnJaya Jusco to be constructed in

Manjung

AEON Mall

RM310 bn300 shop lotsManjung

Commercial

RM2.1 bn3.0 acres land for a Class ‘A’

Office Tower cum retail centre.

Menara YNH

RM1.2 bna 580 serviced apartments with

Retail Mall and Office Tower

Kiara 163

RM700 mn450 serviced residence

managed by Frasers Hospitality.

Fraser Residence

Ongoing and Future Projects to be launched Ongoing and Future Projects to be launched 20120133

GP MarginGDV Sales to dateDescriptionProject Name

15

Unbilled SalesUnbilled Sales--toto--DateDate

15

380

290

300

110

50

Fraser Residence

Kiara 163

Menara YNH

Manjung Township

Manjung Commercial

Our newest projects

in Kuala Lumpur

providing the greater

proportion of our

sales.

380

290

300

110

50

Fraser Residence

Kiara 163

Menara YNH

Manjung Township

Manjung Commercial

Gross Profit Trend for current developmentsGross Profit Trend for current developments

16

0

20

40

60

80

100

120

140

2010 2012 2014 2016 2018 2020

Kiara 163

Fraser Residence

Menara YNH

Manjung

Year

Project

Kiara 163 25 40 45 60 65 65 60 - - -

Fraser Residence 40 50 60 40 30 10 - - - -

Menara YNH 25 40 75 95 125 115 100 95 60 -

Manjung 30 30 30 30 30 30 30 30 30 30

2017 2018 2019 20202013 2014 2015 20162011 2012

Manjung development

projects providing a

steady base of

income.

*RM Million

Gross Profit Trend for other developmentsGross Profit Trend for other developments

Gross Profit Trend (RM'M)

0

20

40

60

80

100

120

2010 2012 2014 2016 2018 2020 2022

6 Duta

Genting Project

JV Projects

Total GDV est.Total GP MarginProject

RM2.067 billionRM930 millionJV Projects

RM2.044 billionRM920 millionGenting Project

RM314 millionRM110 million6 Duta

Genting Project, JV

Projects, and

Manjung Township

will continue even

after 2020 as the land

banks will be able to

be developed up to

the next 20 years

16

Launches For 2012

Moving up in quality: Fraser ResidencesMoving up in quality: Fraser Residences

Mix development comprising serviced

residences, office suites and also retail

mall with a total gross development value

of approximately RM700.00 million

Features a sky gymnasium, infinity lap

pool, whirl pool and sauna.

18

The second “Golden Triangle” venture to

be announced by Frasers Hospitality, the

hospitality arm of Frasers Centrepoint Ltd

Moving up in quality: Fraser ResidencesMoving up in quality: Fraser Residences

19

•High rise fully furnished service

apartments in a choice location

•Frasers Hospitality, a subsidiary of F&N

Group, has been appointed as the

management company for the

development

•YNH provides guarantee of 8% p.a. return

•YNH offering buyers zero entry cost –

Stamp duty, legal fees and miscellaneous

transaction costs will be borne by

developer

Further Establishing our Foothold in MontFurther Establishing our Foothold in Mont’’ KiaraKiara

Integrated commercial development

comprising of service apartments,

office tower and a retail mall designed

for success.

Located next to Plaza Mont’ Kiara

20

Further Establishing our Foothold in MontFurther Establishing our Foothold in Mont’’ KiaraKiara

- Small units of 600 – 1,200 sq.

ft. per unit for the service

apartments, fully furnished and

the size for SOHO units will

range from 500 sq ft to 1,000 sq

ft.

- Full-fledged facilities

21

- Apartments comes with a

guaranteed return and managed by a

profesional manager, Swiss-BelHotel

International, who is managing

Sepang Golden Palm Tree Resort.

- Competitively priced – value-for-

money proposition to buyers

MenaraMenara YNH: Working and Shopping LuxuriouslyYNH: Working and Shopping Luxuriously

45-storey Grade A office building will

have a luxurious retail podium and two

office wings which will be equipped with

energy-saving features. The 45-storey

building will have more than 55,000 sq ft

of built-up area per floor, and a total of

1.2 million sq ft of lettable space.

22

GDV of 2.1bn

In 201 1

Our Roots and Flagship: Manjung Point Township Our Roots and Flagship: Manjung Point Township

Manjung Point

Township. One of

YNH’s many

development

projects in Manjung

The Towns of

Sitiawan and Sri

ManjungDirect investment into

Teluk Rubiah,

Manjung, by Vale

International SAPantai Hospital and

AEON Mall to be built

in Sri Manjung

Development of 500 residential and

commercial properties per year in the

782-acre township of Manjung

District.

This provides us with a steady base

of income year-to-year.

23

The Future of Seri Manjung

AEON Co. (M) Bhd 126926-H Copy Rights Reserved

Ulu Perak88,845

Kuala Kangsar152,590

Larut & Matang315,285

Kerian173,211

Manjung323,804 Perak Tengah

98,897

Kinta735,601

Hilir Perak201,168

Batang Padang173,211

PAHANG

KELANTAN

TERENGGANU

KEDAH

PENANG

THAILAND

SELANGOR

Perak State

Sabak Bernam106,158

Ulu Selangor205,049

1hr

drive

1hr

drive

Close

proximity

The surrounding

towns are only

approximately an

hour’s drive away

from Seri Manjung.

Manjung’s

population is

currently

approximately at

323,804, which is

the 2nd largest

population in Perak.

(Sourced from the

latest data obtained

by Manjung

Municipal Council)

Perak State Population 2,358,428

•• Foresee great population growth due to large amounts Foresee great population growth due to large amounts

of local and foreign direct investment into Manjung.of local and foreign direct investment into Manjung.

Approx.

0.15

AEON (M) Co.0.25Giant + Tesco

Approx.

0.205

YNH Property2.0Biodiesel

5.6Atigas Technology9.0Boustead Shipyard

9.0Steel industry1.5Kencana Fabrication Yard

15.0Vale International SA5.0Lumut Naval Base

6.0TNB – Phase 25.0TNB – Phase 1

RM

Billion

Future/Announced

Direct Investment

RM

Billion

Existing Direct Investment

226,391**205,049Ulu Selangor

2,288,2331,807,603TOTAL

117,207**106,158Sabak Bernam

232,305**210,406Kuala Selangor

109,190**98,897Perak Tengah

222,106**201,168Hilir Perak

348,100**315,285Larut & Matang

191,696**173,625Kerian

191,239**173,211Batang Padang

650,000*323,804Manjung

2016 projectionCurrent - 2013Town

*Note 1: 2016 Manjung Projection is based on direct investment per capita halving to RM50,000

**Note 2: 2016 Projection for other towns is based on 2% growth rate.

•• New local and foreign direct investments already confirmed are:New local and foreign direct investments already confirmed are:•• Vale International SAVale International SA --RM 15 BillionRM 15 Billion

Phase 1 was announced on 5Phase 1 was announced on 5thth May 2011 whereby approximately RM 7.5 May 2011 whereby approximately RM 7.5 Billion had been allocated by Vale for the initial phase of the Billion had been allocated by Vale for the initial phase of the infrastructure infrastructure and construction works for the Iron Ore pelletizing plant.and construction works for the Iron Ore pelletizing plant.

•• TNB TNB JanamanjungJanamanjung Phase 2Phase 2 --RM 6 BillionRM 6 BillionTNB will be increasing the capacity of the TNB will be increasing the capacity of the JanamanjungJanamanjung power plant from the power plant from the current capacity of 2100MW to 4000MW to support Valecurrent capacity of 2100MW to 4000MW to support Vale’’s Pelletizing plant and s Pelletizing plant and future needs from other industries.future needs from other industries.

•• Steel industry Steel industry --RM 9 BillionRM 9 BillionSteel players such as the Lion Group, Ann Steel players such as the Lion Group, Ann JooJoo Resources Resources BhdBhd and the and the MelewarMelewar Group have already undertaken to invest in Manjung as iron ore Group have already undertaken to invest in Manjung as iron ore is is the base product of the steel industry.the base product of the steel industry.

•• AtigasAtigas Technology Technology SdnSdn. Bhd.. Bhd. --RM 5.6 BillionRM 5.6 Billion60 Hectares in Manjung designated for the Liquefied Natural Gas 60 Hectares in Manjung designated for the Liquefied Natural Gas industry.industry.

•• To summarize:To summarize:

Tourism: Pulau

Pangkor

Vale’s Iron Ore

Pelletization

Steel making

TNB

Janamanjung

Residential

Lumut

Naval Base

TOWN

CENTRE

Industrial:

Kencana

Fabrication

Yard

Commercial: Shop lots

Creating a Greater Seri Manjung Creating a Greater Seri Manjung

23

Shop lots

Drive-thru restaurant

University / College

Shop lots

High end

housing

International school

Looking forward,

we will be

developing our

township to cater to

middle and higher

income earners and

providing higher

standards for the

future.

Overview

Overview Overview PERAK

•1,000 acres in Manjung district

•Development of 500 residential

and commercial properties per

year

•Gross Profit Contribution of

RM30mn per year based on

average margin of 40%

•Affordable residential and

commercial properties

•Key project is Manjung Point

•782-acre township with GDV of

RM2.3 bn over 20 years

KUALA LUMPUR

•3 mix development projects to

be launched 2011

•Includes high end service

residences, A-grade office suites

and luxury retail podiums

•Fraser Residence, Kiara 163 and

Menara YNH

•Total GDV of approx. RM4.1

billion

24

ConclusionConclusion

•Entrepreneurial property developer historically focused in Manjung district,

Perak

•Proxy to Manjung’s growth, which is driven by Naval Base and various

infrastructure projects

•Direct investment of RM 35billion into Seri Manjung triggering our move to

higher margin development in our township

•Applying knowledge and track record to new projects in Kuala Lumpur and

Ipoh

•Visible pipeline of new launches over next 2 to 3 years to sustain medium-

term earnings growth

•Aim to deliver sustainable earnings growth of 20% p.a. over the medium-term

•Dividend distribution policy of at least 30% of profit earn for the year to reflect

earnings performance over the longer term

•Based on past record, estimate return of approximately 25% p.a. since listing

•Future margin is expected to be higher due to higher margin projects being

undertaken in both Kuala Lumpur and Seri Manjung

25

THANK YOU FOR YOUR TIME

Contact Persons:-

Daniel Chan (Head, Corporate Strategy) : +6016 526 5011

James Ngio (Assistant Manager, Corporate Strategy) : +6019 553 8111