THE PLATINUM GROUP PLC.,( · 2018. 8. 22. · Disclaimer The information contained in this presentation is strictly confidential and is provided by The Platinum Group Public Company

THE PLATINUM GROUP PLC.,(“PLAT”)

Performance of Q2 / 2018 1

Disclaimer

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Although care has been taken to ensure that the information in this presentation is accurate, and that the opinions expressed are fair and reasonable, the information is

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events will occur, that projections will be achieved, or that the Company's assumptions are correct. Such forward‐looking statements are not guarantees of future

performance and accordingly, the actual results, financial condition, performance or achievements of the Company may differ materially from those anticipated by the

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None of PLAT or any of their respective affiliates or other advisors accepts any liability to any person in relation to the granting of access to, or possession of, this

document in any jurisdiction.

- 2 -

AGENDA Business Overview Key Highlight Financial Results

Core Business Update - The Platinum Fashion Mall - The Wharf Samui - The Neon Night Bazaar - Novotel Bangkok Platinum Pratunam

Q&A

Appendix

FQA 3

“ 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.”

PLAT’S VISION

MISSIONS

To Support “Pratunum Trading District” development as a central strategic location for the country

To continue strengthen wholesale 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

4

Major Shareholders

Choturangko

ol Family,

48%

Wijithanarak

family, 13%

Limpiviwatkul

family, 8%

Pongsuthima

nus family,

4%

Institutional

Investors, 15%

Others, 12%

2,800,000,000

Shares

As of 2 March 2018

PLAT’S Profile

Symbol “PLAT”

5

Operate Ownership Leasable Area (sq.m.)

Avg Rental Rate

%OCC

The Platinum Fashion Mall

Dec 2005 Freehold 23,087 3,184 99%

Wharf Samui

Jan 2015 Leasehold 5,423 655 39%

Neon Night Bazaar Dec 2016 Leasehold 4,428 1,710 84%

Novotel Platinum Pratunam

Nov 2011 Freehold 288 keys 3,241 88%

Current Projects (As of 30 Jun 18)

6

Investment value (MB)

Tentative Opening Ownership Leasable Area

The Market Retail Phase 1

3,400 Dec 2018 Leasehold 30 +30 Years ended 2079

28,000 sq.m.

The Market Retail Phase 2

1,000 Year 2020 Leasehold 30 +30 Years ended 2079

6,700 sq.m.

Office @ The Market

1,900 Year 2021 Leasehold 30 +30 Years ended 2079

38,000 sq.m.

Hotel @ M3 1,300 Year 2021 Leasehold 30 +30 Years ended 2079

434 keys

Hotel @ M1 1,400 Year 2021 Leasehold 30 +30 Years ended 2079

532 keys

Holiday Inn Resort Samui

425 Year 2020 Freehold 127 keys

Holiday Inn Express 475 Year 2020 Freehold 202 keys

Projects in pipeline (As of 30 Jun18)

7

PLAT’s Revenue Snapshot

61% 19%

13%

7%

Rental&Service

Hotel

F&B

Others

8

670

1,015

1,169

1,445

1,768 1,863

2,059

998 1,047

2011 2012 2013 2014 2015 2016 2017 1H

2017

1H

2018

CAGR Revenue Growth 2011-2017 = 17% PLAT’s Revenue Portfolio

9

-The Concept of the Market Bangkok -Progress of The Market Bangkok Phase 1 (M1,M2) -Progress of 3 stories building -Progress of Holiday Inn Samui

Key Highlight

10

11

PROJECT PRESENTATION (UPDATED AS OF FEB 12 2018)

12

DEVELOPER PROFILE

CURRENT PROJECTS ON HAND FUTURE DEVELOPMENTS IN MILESTONE

• THE WHARF SAMUI - Beachfront shopping plaza in Samui island

• TALAD NEON DOWNTOWN NIGHT MARKET - More than 700 shops including tents, trucks and containers zone

• R WALK (BANGKOK SKYLINE) - Connecting big players in Ratchaprasong and Pratunam districts together

• HOLIDAY INN EXPRESS, BOPHUT SAMUI (2020)

- 202 room keys

• HOLIDAY INN RESORT, BOPHUT SAMUI (2020)

- 127 room keys

WIDELY KNOWN FOR ITS DEVELOPMENT OF THE MOST SUCCESSFUL WHOLESALE DEPARTMENT STORE IN THAILAND, THE PLATINUM GROUP NEVER WISHES TO STOP ITS ACCOMPLISHMENT JUST THERE. WITH THE VISION TO BE A LEADER IN COMMERCIAL PROPERTY DEVELOPMENT, THE COMPANY CONTINUALLY MAPS OUT PROJECTS IN ITS MILESTONE WITH PRECISION AND CONFIDENCE.

• THE PLATINUM FASHION MALL - 2,300 shops • PLATINUM FOOD CENTER - more than 100 food choices on 2,000 sq.m. • NOVOTEL PLATINUM

- 288 room keys • PLATINUM CONDOMINIUM - 320 units

• THE MARKET BANGKOK (2018) - New shopping experience under THAI Market concept in an unquestionably unique style - Hotels - Office

13

PROJECT LOCATION

PARKING

SCB VANICH BUILDING

NAI LERT PARK

THANACHART BANK

14

MASTER PLAN & ACCESSIBILITY

1

2

3

4

5 BANGKOK SKYLINE

PRATUNAM PIER

M1

M2 M3

15

KLONG SANSAB

1

3

4

5 6 7

8 9

10

11 12

13

14

15

16

17 18

19 20

21

22

23 24

25

26 27

3

1

2

4

5

6

7

8

9

10 11

12

13

14

15

15 16

1

2

3

4

5

6

7

8 9

11

12

13

14

15

17 18

19

20

23

21 22

24

25 26

27

28

29

31

30

33

34

35

3 2

1

5

4

6

7 8

9

13

11

10 12

36

3

1

2

4

6

9

10

14 13 12

11

PROJECT SURROUNDINGS

17

32

8

10

2

16

5

7

SHOPPING MALL (27+ Bld.) 1.CENTRAL WORLD 2.BIG C RACHDAMRI 3.PLATINUM 4.GAYSORN 5.SIAM PARAGON 6.SIAM CENTER 7.SIAM DISCOVERY 8.SQ1 9.DIGITAL GATEWAY 10.MBK CENTER 11.SAIM KIT 12.ERAWAN 13.PENILSULA PLAZA 14.AMARIN

15.MERCURY VILLE 16.PORTICO 17.CENTRAL CHIDLOM 18.CENTRAL EMBASSY 19.PALLADIUM 20.TALAD NEON 21.WATERGATE PAVILLION 22.INDRA SQUARE 23.CITY COMPLEX 24.KRUNGTONG PLAZA 25.SHIBUYA 26.PANTIP PLAZA 27.GRAND DAIMOND

OFFICE BUILDING (17+ Bld.) 1.THE OFFICE @ CENTRAL WORLD 2.KPI TOWER 3.SIAM COMMERCIAL BANK 4.TANACHART BANK 5.VANIT BUILDING 6.ORAKARN BUILDING 7.VANISSA I,II 8.ALMA LINK 9.MANEEYA CENTER 10.MERCURY TOWER 11.PARK VENTURE 12.CIMB 13.ALL SEASONS

14.WAVE PLACE 15.KRUNG THAI BANK HEAD OFFICE 16.PLOENCHIT CENTER 17.TWO PACIFIC PLACE

HOTEL (35+ Bld.) 1.NOVOTEL PRATUNAM 2.AMARI WATERGATE 3.CENTARA GRAND 4.SIAM KEMPINSKI 5.VIE HOTEL 6.NOVOTEL SIAM SQUARE 7.PATHUMWAN PRINCESS 8.IBIS 9.HOLIDAY INN EXPRESS 10.SIAM @ SIAM 11.HUA CHANG HERITAGE 12.EVERGREEN PLACE 13.ASIA HOTEL 14.BERKLEY PRATUNAM

15.CENTARA WATERGATE PAVILLION 16.ARNOMA GRAND 17.INTERCONTINENTIAL 18.HOLIDAY INN 19.GRAND HYATT ERAWAN 20.RENAISSANCE 21.COURTYARD BY MARRIOTT 22.ANATARA SIAM 23.HANSAR 24.ST. REGIS 25.208 WIRELESS 26.CONRAD HOTEL 27.HOTEL INDIGO 28.PLAZA ATHENEE 29.NOVOTEL PLOENCHIT 30.SIVATEL BANGKOK

31.JW MARRIOTT 32.AMARI BOULEVARD 33.LANDMARK 34.ADLIB 35.OKURA BANGKOK

CONDOMINIUM (13+ Bld.) 1.MANHATTAN CHIDLOM 2.CHIDLOM PLACE 3.THE ADDRESS CHIDLOM 4.THE PARK CHIDLOM 5.SOMKID GARDENS 6.MAGNOLIA 7.RAJDAMRI SERVICED RESIDENCE 8.ROYAL PLACE 2 9.BAAN SANSIN 10.URBANA LANGSUAN 11.GRAND CENTER POINT 12.ALL SEASONS MANSION 13.FRASER SUITE

GOVERNMENT OFFICE/ ACADEMIC / OTHERS (14+ Bld.) 1.CHULALONGKORN UNIVERSITY 2.PATHUMWAN DEMONSTRATION SCHOOL 3.TRIAM UDOM SUKSA SCHOOL 4.SPORT CLUB 5.SMALL ANIMAL TECHING HOSPITAL CHULA 6.POLICE HOSPITAL 7.ROYAL THAI POLICE 8.NATIONAL STADIUM 9.PATHUMWANNARAM TEMPLE

10.BANGKOK ART AND CULTURE CENTER 11.MATROPOLITAN ELECTRICITY AUTHORITY 12.BRITTISH EMBASSY 13.THE EMBASSY OF SWITZERLAND 14.BAMRUNGRAD INTERNATIONAL HOSPITAL

16

THE MARKET

CATCHMENT AREA

1.5 KM. 5 KM.

HUAI KHWANG 80,735 PEOPLE

52,164 HOUSEHOLDS

WATTHANA 84,214 PEOPLE

56,530 HOUSEHOLDS

KLONG TOEI 106,233 PEOPLE

57,872 HOUSEHOLDS

PATHUM WAN 50,673 PEOPLE

26,513 HOUSEHOLDS

RATCHATHEWI 73,597 PEOPLE

39,183 HOUSEHOLDS

DINDANG 125,964 PEOPLE

52,426 HOUSEHOLDS

PAYATAI 71,864 PEOPLE

36,033 HOUSEHOLDS

BANG RAK 46,777 PEOPLE

26,398 HOUSEHOLDS

DUSIT 101,576 PEOPLE

31,751 HOUSEHOLDS

POMPRAPSATRUPAI

48,585 PEOPLE

19,334 HOUSEHOLDS

PRANAKORN 53,899 PEOPLE

18,468 HOUSEHOLDS

SUMPANTAWONG

25,694 PEOPLE

13,267 HOUSEHOLDS

KLONG SAN 74,796 PEOPLE

35,127 HOUSEHOLDS

Source: Department of Provincial Administration 2014

More than 1.31 million people have been living within project’s catchment area of 5 km radius. This tremendous number covers 17

Bangkok districts, where the residents shall undoubtedly be the project’s high potential customers.

17

TRAFFIC INFORMATION

An ideal location of transportation hub that can easily be accessed by many kinds of transportation namely CAR, BUS, BOAT, BTS and SKYWALK. This is followed by tremendous numbers of potential visitors everyday.

SKYWALK

CAR & PUBLIC BUS

BOAT SERVICE

BTS SKYTRAIN

CITY SKYWALK

PRATUNAM PIER NO.1 VISITATION NUMBER OF ALL PIERS IN 2016. MORE THAN

5,300,000 PAX/YEAR OR 14,000 PAX/DAY

SOURCE: Marine Department 2016

BTS : CHIDLOM STATION TOP 10 MOST VISITATION NUMBER STATIONS IN 2016. MORE THAN

15,370,000 PAX/YEAR OR 42,000 PAX/DAY

SOURCE: VGI (Mar, 2014)

R WALK (BANGKOK SKYLINE) 600,000 : A VISITATION NUMBER PER DAY ON RAJPRASONG DISTRICT, WITH

MORE THAN 100,000 PEOPLE PER DAY USING R-WALK WHICH LEADS DIRECTLY TO

THE MARKET BANGKOK

SOURCE: RSTA 2018

RAJDAMRHI, PETCHBURI & CHIDLOM RD. ONE OF THE MOST CAR TRAFFIC COUNTING ROADS IN BANGKOK

150,000 : A TOTAL CAR TRAFFIC COUNTING PER DAY ON THE PROJECT’S SURROUNDING MAIN ROADS

SOURCE: THE OFFICE OF BANGKOK TRAFFIC & TRANSPORT DEPARTMENT 2015

18

TARGET VISITORS

OFFICE

WORKERS

&

STUDENTS

RESIDENTS LOCAL THAIS FOREIGN TOURISTS

A complete

EVERYDAY shopping

& dinning venue in the heart of Bangkok

A GATHERING

welcoming place for family & friends

An enjoyable place with various kinds of food, activities and trendy

merchandises at AFFORDABLE price

A MUST VISIT destination whenever visiting Bangkok. This place will offer a UNIQUE

EXPERIENCE like no others

19

INTERNATIONAL TOURIST INFORMATION

WORLD’S TOP TOURISM DESTINATIONS Thailand jumped from 9th to 6th place in tourism receipts in 2015

USA UK Russia Japan Korea Europe AEC China

0.86mil 0.89mil 0.93mil 1.31mil 1.33mil

5.39mil 7.78mil

8.22mil

India

1.00mil

+12.32% +6.52% +22.78% +11.42% +4.31% +8.08% +10.52%

+10.00%

+12.65%

TOP 9 NATIONALITIES OF VISITOR TO THAILAND January – November (comparing 2015 to 2016)

NUMBER OF VISITOR ARRIVALS TO THAILAND January – November (comparing 2015 to 2016)

2016 : 29.53 mil 2015 : 26.90 mil

9.78% Rank US ($) Rank US ($) Rank US ($)

1) US 204.5bil 4) France 45.9bil 7) Italy 39.4bil

2) China 114.1bil 5) UK 45.5bil 8) Germany 36.9bil

3) Spain 56.5bil 6) Thailand 44.6bil 9) Hong Kong 36.2bil

Source: Data as collected by UNWTO, July 2016

Source: Department of Tourism

Source: Department of Tourism

WORLD’S TOP 10 MOST VISITED CITIES IN 2016 BANGKOK became Number 1 Asian city for second consecutive year to top the MasterCard Global Destination Cities Index,

edging out London and other top three feeder cities; namely, Paris, Dubai and New York.

Source: Forbes and Traveler

20

PROJECT CONCEPT

“The Market Bangkok” : All in one destination with an excellent combination of function and emotion of remarkable Bangkok’s market experiences, offering a sensational touch that has never been happened ever before. This concept will truly fulfill customer satisfaction, whether they are Local Thais or

Foreign Tourists. This will strongly lead “The Market Bangkok” to be an ultimate outstanding venue and a must visit destination which thrives beyond others in the district.

JATUJAK

YAOWARAT (CHINA TOWN)

SAMPENG PHAHURAT

AOR TOR KOR PAK KLONG

WANG LANG

THA TIEN

SUEAPA / WANG BURAPA TRAIN NIGHT MARKET

PRATUNAM

SIAM SQUARE

“EVERYDAY MARKET FOR EVERYONE’S LIFESTYLE”

21

PROJECT IDENTITY & UNIQUENESS

EVERYDAY EVERYONE EXPERIENCE AFFORDABLE REPEATING

PHOTO PHOTO PHOTO

1 5 2 3 4 Whether it’s a daily activity, a special

occasion, or a quick grab meal, you can always come to the

Market Bangkok. We have thoroughly zoned our merchandises and

activities which will absolutely be easy for

our customers to experience.

Varieties of products and activities are ready to serve our customers

at all ages, genders, occupations and

nationalities. Whether you come to the Market

Bangkok with your friends, family or even alone, you’ll never be

disappointed.

Certainly not just a traditional mall, the Market Bangkok will

provide our customers with a remarkable

experience of Thai culture through its unique

concept and design. Green area with

exceptional landscape and decoration will surely be served. You will have a

splendid time with our different activities and

merchandises only handpicked for our

customers.

We do not need to spend large amount of money in order to get

good meals, good goods, or have a good

time. Selection of food/products/activities with a reasonable price is the key, and we have

chosen to provide all for you here.

An extraordinary experience and

satisfaction customers will have at the Market Bangkok will draw their

mind of wanting to come back. Additionally,

with its friendly atmosphere, the Market

Bangkok can be a second home for you

where you will never be bored but happy and joyful to spend your

time at.

22

PROJECT INFORMATION

THE MARKET PROJECT INFORMATION

PROJECT OWNER: The Platinum Group PLC.

LOCATION: Ratchadamri Road (Bangkok Downtown)

LAND AREA : 20 Rais., (approx.)

PROJECT TYPE: Mixed-Use Development Shopping Center, Hotel & Office Building

TARGET CUSTOMERS : Office Workers, Students, Residents, Local Thais &Tourists

GROSS BUILDING AREA (GBA) : 200,000 Sq.m. (approx.) (Excluding Hotel & Office)

GROSS LEASABLE AREA (GLA) : 40,000 Sq.m. (approx.) (M1+M2=34,000 Sq.m., M3=6,000 Sq.m.)

PARKING LOTS : 2,000 Cars (approx.)

NUMBER OF FLOOR : 6 Retail Floors

OPENING DATE : Q4,2018

23

PROJECT COMPONENTS

A perfectly ideal combination of mixed use project in downtown of Bangkok. It will be the ultimate destination for all visitors across the world as well as Local Thais, where satisfaction and needs will be fulfilled and completed under this one roof.

SHOPPING CENTER M1 M2 2018, M3 2020 M1+M2 = 34,000 SQ.M. (approx.) M3 = 6,000 SQ.M. (approx.)

OFFICE BUILDING 2021 50,000 SQ.M (approx.)

HOTEL BUILDINGS 2021 966 KEYS (approx.)

SKYWALK MAIN ROAD

c

c

M1 M3 M2

c

HOTEL 1

HOTEL 2

OFFICE

SHOPPING CENTER

24

EXPERIENCED

LOCAL STREET FOOD & TAKEAWAY

URBAN QUICK MEAL EATERY LIFESTYLE

CAFE

FASHION & ACCESSORIES

FASHION & ACCESSORIES

SPECIALTY STORE

RESTAURANT

M3 M2

RAJDHAMRI ROAD

BANGKOK SKYLINE

DECORATIVE ITEMS

COSMETIC & SKIN CARE

BANK

4F

LOCAL WISDOM

SOUVENIR

RETAIL FLOOR CONCEPT

M1

3F

2F

1F

GF

MF EXPERIENCED

THAI CONCEPT STORE & BEAUTY MEGA STORE

EXPERIENCED

THAI CONCEPT STORE & BEAUTY MEGA STORE

WELLNESS & VITALITY

26

EXTERIOR PERSPECTIVE

SUBJECT TO CHANGE & AUTHORIZATION

27



28



29

INTERIOR PERSPECTIVE G FLOOR : LIFESTYLE CAFE


30

INTERIOR PERSPECTIVE

G FLOOR : LIFESTYLE CAFE


31


M FLOOR : FASHION & ACCESSORIES


32




33




34


M FLOOR : FASHION & ACCESSORIES I PROMOTION AREA I


35


1ST FLOOR : FASHION & ACCESSORIES


36


1ST FLOOR : FASHION & ACCESSORIES


37


2ND FLOOR : SOUVENIRS, DECORATIVE ITEMS, COSMETIC & SKIN CARE, SPECIALTY STORE, BANKS


38


3RD FLOOR : RESTAURANT


39




40




41


4TH FLOOR : WELLNESS & VITALITY


The Market Bangkok (Retail PHASE 1)

Construction Update

42

As of 30 Jun 2018

The Market Bangkok Retail Phase 1

43

44


Overall Progress = 85%

Paid :3,121 MB

Opening : November 2018

As of End of July 2018

45


As of 30 Jun 2018


As of 30 Jun 2018 46

As of 30 Jun 2018


47

As of 30 Jun 2018


48

A2-001

A2-002

As of July 2018

3 Stories Building (Back of Platinum Fashion Mall)

Overall progress = 80%

Opening : Q3/2018

49

The Market Bangkok (Retail PHASE 1)

Sale Progress Update = 65%

50

51

Example of confirmed tenants

52

Example of confirmed tenants

53

Holiday Inn Express Holiday Inn Resort

Hotel projects in Samui

23,087 23,087 23,087 23,087 23,087

5,423 5,423 5,423 5,423 5,423

4,428 4,428 4,428 4,428 4,428

28,000 28,000

34,700 34,700

38,000

2017 2018 2019 2020 2021

Platinum Fashion Mall The Wharlf Samui Neon Night Bazar Retail@The Market Office @the Market

Expansion Plan –Rental & Service

Rental & Service Business ( Sq.m. Leasable Area)

Y2017

32,938

Y2019

60,938 Y2018

60,938

Y2021

105,638 Y2020

67,638

54

In Q4/18, The leasable area from Rental &Service business will increase from 32,938 sq.m. to 60,938 sq.m. (+85%).

Expansion Plan- Hotel

Hotel Business (Keys)

288 288 288 288 288

127 127

202 202

434

532

2017 2018 2019 2020 2021

Novotel BKK Holiday Inn Resort samui Holiday Inn Express Samui Hotel M3 Hotel M1

Y2017

288

Y2019

288 Y2018

288

Y2021

1,583 Y2020

617

55

In year 2020, there will be 329 additional keys from Holiday Inn Samui. In year 2021, there will be another 2 hotels in The Market Bangkok project with 966 keys from Hotel on M1

and M3 Building.

2021

5 Year Plan Capital Expenditure

568 467

2170

526 599 69

13 19

125

1055 1580

808 0 29

0

283

1027

563

581 515 2,295 1,864 3,206 1,440

BEFORE 2017 2017 2018 2019 2020 2021

FIXED ASSET INVESTMENT (MB)

Retail Hotel Office TOTAL

2020 2018-2019 2015-2017

32,938 Sq.m. 288 Hotel Keys



105,638 Sq.m. 1,583 Hotel Keys

56

Financial Result Q2/2018

57

69 166

250

438

630 704

772

185 198 203 203 199

2011 2012 2013 2014 2015 2016 2017 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18

272 432 503

719 950 1,043 1,171

278 293 321 301 297

2011 2012 2013 2014 2015 2016 2017 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18

+19 MB, +7%YoY

Financial Summary

Revenue

670 1,015 1,169

1,445 1,768 1,863 2,059

500 517 545 531 517

2011 2012 2013 2014 2015 2016 2017 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18

Unit :Million Baht

EBITDA

Net Profit

EBITDA Margin

Net Profit Margin

- 58 -

41% 43% 43% 50% 54%

10% 16% 21% 30% 36% 38%

56%

38%

57% 57%

37%

59%

38%

Overview

37% 37%

57% 56%

+14 MB, +8%YoY

+17 MB, +3% YoY

38%

58%

59%

20%

13%

8%

670

1,015

1,169

1,445

1,769 1,863

2,059

2011 2012 2013 2014 2015 2016 2017

Rental and Services Hotel Business

Food and Beverage Others

Note: Revenue from hotel business includes both room revenue and Novotel F&B revenue

Unit : Million Baht

Revenue Breakdown

500 517

517 531 517

Q2/17 Q3/17 Q4/17 Q1/18 Q2/18

Rental and Services Hotel Business

Food and Beverage Others

62%

14%

6%

60%

19%

13%

8%

61%

57%

39%

3%

43%

28%

25%

4%

45%

26%

24%

5%

63%

17%

16%

4%

59%

13%

19%

9%

1%

20%

13%

5%

59%

13%

20%

8%

- 59 -

Key

Highlights

Financial

Highlights

Business

Overview

Future

Projects

62%

12%

21%

5%

65%

13%

19%

3%

+17 MB, +3% YoY

18%

296

454

582

836

992

1,068

1,213

289 298 338 323 319

2011 2012 2013 2014 2015 2016 2017 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18

64%

+30 MB, +10% YoY

Gross

profit

Margin

63% 62% 62% 66%

Gross Profit from Core Business

46% 47%

52% 60% 61% 62%

- 60 -

62%

Unit : Million Baht

46 52 64 62

51

181

209

Q2/17 Q3/17 Q4/17 Q1/18 Q2/18 2016 2017

Unit :Million Baht

Core Business

226 231 259 247 253

837

941

Q2/17 Q3/17 Q4/17 Q1/18 Q2/18 2016 2017

Gross Profit from Rental Business Gross Profit from Hotel Business

Gross profit Margin

75% 76% 75%

Gross Profit from Food & Beverage Business

Gross profit Margin

56% 50%

Gross profit Margin

22% 20% 24%

53% 73% 74%

+27 MB,

+12% YoY

52%

25% 23%

- 61 -

77% 52% 57%

25%

17 15 16 14 15

50

63

Q2/17 Q3/17 Q4/17 Q1/18 Q2/18 2016 2017

+5 MB,

+11% YoY

76% 53%

24%

-2 MB,

-12 % YoY

62

Business Type The Biggest whole sale and retailing fashion shopping mall

over 2,600 shops where had opened since November 2005


63

2,974

3,101 3,080 3,098 3,153 3,183 3,184

2016 2017 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18

Occupancy Rate

Rental Rate


Baht per sq.m. per month

- 64 -

+104 Baht,

+3% YoY

2016 2017 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18

98% 98% 98% 98% 99% 98% 99%


65

Breakdown by Category

As of 30 June 2018 As of 30 June 2018


By Area By Shop

- 66 -

Fashion

clothes

and

accessorie

s

67%

Storage

15%

restuarants

9%

Banks

3%

Services

4%

Others

2%

Fashion

clothes and

accessories

75%

Storage

15%

restuarants

3%

Banks

1%

Services

3%

Others

3%

Breakdown of Unearned Rental Income

Note : The proportion is calculated base on leasable area in both buildings of The Platinum Fashion Mall.

Breakdown of Tenant term

As of 30 June 2018 As of 30 June 2018


- 67 -


- 68 -

As at 30 June 2018 (Only Unit and Area)

Rental

Unit

Occupied

Area Sq.m.

Avg.Rental

Q2/2018

Rental Space 760 9,339 5,458

GP Sharing 17 1,337 2,802

Storage 306 3,797 1,146

1+3 Yrs. 1,083 14,473 4,081

10 Yrs 749 8,241 1,607

Total 1,832 22,714 3,184

Occupancy 98.5%

Contract Expiration (No. of contracts)

Expired in

2018

Expired in

2019

Expired in

2020 Onward

1-3 Yrs 872 110 12

10 Yrs 749

Total 872 110 761

69

Business Type The first beachfront community mall in Samui Island with the

vintage architecture in the combination of the western and

eastern styles targeting to Thai and Foreign tourists.

The Wharf Samui

70

511

546 557 537 545

645 655

2016 2017 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18

Occupancy Rate

Rental Rate

The Wharf Samui


- 71 -

+98 Baht,

+18% YoY

2016 2017 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18

62% 57% 57% 54% 55% 39% 39%

The Wharf Samui

72

73

Business Type New shopping destination in the center of Bangkok gathered

with various delicious food and more than 585 shops, 24

containers and 28 mini-shops in the comfortable atmosphere.

The Neon Night Bazaar

74

973

1,392

1,254 1,346

1,711 1,633

1,710

2016 2017 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18

Occupancy Rate

Rental Rate

The Neon Night Bazaar


- 75 -

Appendix

+ 456 Baht,

+ 36% YoY

2016* 2017 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18

95% 70% 62% 57% 82% 86% 84%

*Note : Open in Dec 2016

Neon Downtown Night Market

76

Novotel Bangkok

Platinum Pratunam

77

Objective To compliment the Platinum Fashion Mall business as it

provides the hospitality services to those visiting The Platinum

Fashion Mall

Novotel Bangkok Pratunum

78

Occupancy Rate

Average Room Rate RevPar

Novotel Bangkok Platinum Pratunam

87% 88%

82%

90% 90%

94%

88%

2016 2017 Q2/17 Q3/17 Q4/17 Q1/18 Q2/18

- 79 -

+ 234 Baht,

+ 9% YoY + 69 Baht,

+ 2% YoY

Distribution Channel As of Q2/18

Guest Nationality As of Q2/18

- 80 -

Appendix

Online Agent

Booking

49%

Accor

website

21%

[CATEGORY

NAME]

[PERCENTAG

E]

Contraced

Corporate

3%

Business

Group

2%

Group Tour

1%

Others

6%

Singapore

35%

Malaysia

9% Indonesia

15% India

7%

Philippines

6%

China

4%

Vietnam

3%

HongKong

2%

Myanmar

2% Others

17%

Novotel Bangkok Platinum Pratunam

Commercial Property

Existing Group Business

Hotel Business

- 81 -

Other Business

Q&A

82

Appendix

83

Quarter 2/2018 Consolidated Income Statement

UNIT : MB Q2/17 Common Size Q2/18 Common Size % Change

Revenue and Services income 308 62% 334 65% +8.4%

Revenues from hotel operations 89 18% 97 19% +9%

Revenues from F&B 69 14% 66 13% -4.3%

Other income 34 6% 20 3% -41.3%

TOTAL REVENUES 500 100% 517 100% +3.4%

Cost of rental and services 82 16% 81 16% -1.2%

Cost of hotel operation 43 9% 46 9% +7%

Cost of F&B sales 52 10% 51 10% -1.9%

SG&A 89 18% 86 16% -3.4%

TOTAL EXPENSES 266 53% 264 51% -0.7%

OPERATIONAL PROFIT 233 47% 253 49% +8.1%

Income tax expenses 48 10% 54 10% +10.2%

NET PROFIT 185 37% 199 38% +7.6%

EPS (Baht/share) 0.07 0.07

84

H2/2018 Consolidated Income Statement

UNIT : MB H1/17 Common Size H1/18 Common Size % Change

Revenue and Services income 614 62% 662 63% +7.8%

Revenues from hotel operations 183 18% 207 20% +13%

Revenues from F&B 132 13% 131 13% -1%

Other income 68 7% 47 4% -31%

TOTAL REVENUES 997 100% 1,047 100% +5%

Cost of rental and services 162 16% 162 15% 0%

Cost of hotel operation 90 9% 94 9% +4%

Cost of F&B sales 102 10% 100 10% -2%

SG&A 175 18% 180 17% +3%

TOTAL EXPENSES 529 53% 536 51% +1%

OPERATIONAL PROFIT 468 47% 512 49% +9%

Income tax expenses 97 10% 110 10% +13%

NET PROFIT 371 37% 402 38% +8%

EPS (Baht/share) 0.13 0.14

85

Quarter 2/2018 Consolidated Financial Position

UNIT : MB Year 2017 31 Mar

2018

30 June

2018

Cash & Cash equivalents &Current

Investment

5,472 5,455 4,854

Trade and Other receivables 43 45 35

Other Current Assets 75 99 136

Total Current Assets 5,590 5,599 5.025

Investment Properties 3,418 3,743 3,963

Property, Plant and equipment 1,171 1,156 1,152

Intangible Assets 252 247 242

Other non-current Assets 60 72 82

Total Non-current Assets 4,901 5,218 5,438

TOTAL ASSETS 10,491 10,817 10,464

86

Quarter 2/2018 Consolidated Financial Position

UNIT : MB Year 2017 31 Mar

2018

30 Jun

2018

Trade and other payables 431 483 477

Current portion of unearned rental income 165 164 165

Short-term deposits of rental income 204 205 206

Other current liabilities 129 176 140

Total current liabilities 929 1,028 988

Unearned rental income, net of current

portion

395 356 316

Other non-current liabilities 432 496 584

Total non-current liabilities 827 852 900

TOTAL LIABILITIES 1,756 1,880 1,888

TOTAL SHAREHOLDERS’EQUITY 8,735 8,937 8,576

TOTAL LIABILITIES AND

SHAREHOLDERS’EQUITY

10,491 10,817 10,464

87

FAQ

88

89

1. What are leasable area of Retails both in Phase 1 and Phase 2 ANS Retail Phase 1 : M1,M2 Building have Net Leasble Area (NLA) of 28,000 Sq.m. Retail Phase 2: M3 Building has Net Leasable Area (NLA) of 6,700 Sq.m. 2. How much for Capital Expenditure on whole Project ANS Total Projects which include Retail phase 1, phase 2, Office Building and 2 Hotels with 966 keys have investment value of THB 8,900 Million 3. How much for Rental Rate of the retail space at the Market? ANS Average rental rate should not below 2,000 Baht/Sq.m. 4. How much income that will be generated from The Market Project Phase 1 if operating full year. ANS Approximately 800-1000 MB 5. Please explain about Hotel above M1/M2 bldg. and M3 Bldg ANS Both are under International Chain with 3.5 star Hotel (M1/M2)- 532 keys Target on teenager Opening in year 2021

Hotel (M3)- 434 keys Target on family --> Opening in year 2021 6. What is the Capex for project Investment planning during 2018-2023? ANS

568 467

2170

526 599 69 13 19

125

1055 1580

808 0 29

0 283

1027

563

581 515 2,295 1,864 3,206 1,440

BEFORE 2017 2017 2018 2019 2020 2021

F IXED ASSET INVESTMENT (MB)

Retail Hotel Office TOTAL

FQA

90

7. What is the proportion of large/small shops? ANS From total net leasable area of 28,000 Sq.m, Floor M,1 (Small shops) accounts for 33% or 9,240 sq.m Floor G,2,3,4(large shops) accounts for 67% or 18,760 sq.m

8. What is the Concept of M3 (Expansion Phase 2)? ANS JV with big name Anchor + International restaurant

9. Will pre-operating Expense from Opening the Market in Q4/18 will impact net profit? ANS PLAT forecasted Net Profit stand at the same level as in 2017. Even there will be operating expense but the Market will generate increasing revenue in year 2018.

10. When SG&A Expense for The Market project will be charged? ANS The Market will recruit approximate 100 staffs since Sep 18. Marketing campaign to promote the Market will be launched in 2019 onwards.

11. The difference of The Platinum Fashion Mall VS The Market Bangkok ANS The Platinum Fashion Mall focus on Wholesale. The Market Bangkok focus on Retail (Design &Unique).

FQA

Thank You

91

Documents

THE PLATINUM GROUP PLC.,( · 2018. 8. 22. · Disclaimer The information contained in this presentation is strictly confidential and is provided by The Platinum Group Public Company