COMPANY PRESENTATION
Disclaimer
This presentation may contain forward-looking statements that involve risks and uncertainties. Actual futureperformance, outcomes and results may differ materially from those expressed in forward looking statements as aresult of a number of risks, uncertainties and assumptions. Representative examples of these factors include (withoutlimitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability of realestate properties, competition from other companies, shifts in customer demands, changes in operating expenses,governmental and public policy changes and the continued availability of financing in the amounts and the termsnecessary to support future business. You are cautioned not to place undue reliance on these forward lookingstatements, which are based on the current view of management on future events.
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Mah Sing History
1992 2000
1994 2004
2007
2009 2017
2013
Listed Plastics
Ventured into property development
• Birth of i-Parcseries (Mah Sing Industrial Integrated Park)
Re-designated to property sector
Townships in Johor: Sri PulaiPerdana & Austin Perdana
Increased presencein Greater KL
Niche mid-high/high end: PerdanaResidence, One Legenda, KemuningResidence, Damansara Legenda
Township: Aman Perdana
Ventured into commercial & Penang Island
Commercial: Icon Tun Razak& Southgate
SouthbayPenang Island
More niche & townshipsin Central KL & KV South
Townships KV South : Cyberjaya & Kinrara
M Suites & M City,Jln Ampang
Integrated devmtIcon City, PJ
Further expansion in Greater KL
D’sara Sentral, Sg Buloh Lakeville Residence , KL M Vertica, Cheras M Centura, Sentul
More townships in Greater KL & expansion to Sabah
KV North:M Residence 1,2,3 in Rawang
KV South : Southville City in Bangi
Sabah: SuteraAvenue
FINANCIAL HIGHLIGHTS
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1.78 2.01
2.9 3.11 2.96
2012 2013 2014 2015 2016
Strong Financial Track Record
232280
356 387 361
2012 2013 2014 2015 2016
14%RETURN ON EQUITY
5-year Average(Above comparable peers’
5-year average of 9%)
49%ASSET TURNOVER
5-year Average (Above comparable peers’
5-year average of 24%)
4246
4143
40 4145
4244
4143
20
06
20
07
20
08
20
09
20
10
20
11
20
12
20
13
20
14
20
15
20
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Minimum 40% payout since 2006 (11 years)
327 385
471 518 496
2012 2013 2014 2015 2016
EBITDA (RM mil)Revenue (RM bil)
PATAMI (RM mil) Dividend Payout (%)
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Prudent Capital Management
0.04
0.02
2015 2016 3Q17
Net Debt/Equity (times)
3.7 3.84.6
2015 2016 3Q17
Total Equity (RM bil)Vacant Possession Billings (RM mil)
523637
2016 2017 est
STRONG BALANCE SHEET FOR LANDBANK
ACQUISITION
Net Cash
Net Cashas at 30 Sep’17
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BUSINESS OVERVIEW
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Portfolio Overview
Completed projects On-going projects
*completed projects REMAINING LANDBANK
2,131A C R E S
34+13*
P R O J E C T S
RM28.3B I L L I O N
REMAINING GDV + UNBILLED SALES
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New Lands
ProjectsAcquisition Land size GDV
Date (Acres) (RM'mil)Sentul May-17 9.0 1,300M Vertica, Cheras July-17 11.2 2,200Permatang, Penang July-17 17.3 150
37.5 3,650
M CENTURA, SENTUL
M VERTICA, CHERAS
PERMATANG, PENANG
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Portfolio Composition
66%
23%
10%1%
65%
30%
5%
Strategic Location Mix Broad Product Offerings
GREATER KL
18.7B I L L I O N
21 PROJECTS
JOHOR
6.5B I L L I O N
7 PROJECTS
PENANG
2.9B I L L I O N
5 PROJECTS
SABAH
0.2B I L L I O N
1 PROJECTS
COMMERCIAL(shops, offices,
retail, hotel, SOVO)
8.4B I L L I O N
18.4B I L L I O N
RESIDENTIAL(high-rise and
landed)
1.5B I L L I O N
INDUSTRIAL
RM28.3 bil* RM28.3 bil*
*GDV + Unbilled Sales
Target
75%in 2-3 years
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Dividend Policy
Note :*Based on the closing price on 31 December of the respective year
FYE 31.12 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Net dividend / share (sen) 4.4 5.9 6.0 4.9 5.7 8.3 7.5 8.0 6.5 6.5 6.5
Net dividend yield * (%) 2.6 3.1 3.8 2.7 3.1 3.9 3.6 3.5 3.9 4.5 4.5
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25 26
4246
4143
40 4145
4244
4143
0
10
20
30
40
50
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
M i n i m u m 4 0 % o f N e t P r o f i t P a y o u t s i n c e 2 0 0 6
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MOVING FORWARD
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Strategic Thrusts for FY17
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Continue to develop accessible, well-planned mass market housing projects priced belowRM500,000 with good concepts in strategic locations
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With our strong balance sheet (net cash position), we are in a good position for more landacquisitions, joint ventures and investments.
Remain focused in Greater KL with plans to increase Greater KL portfolio to 75% of totalremaining GDV within the next 2-3 years, from the current 66%.
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Thank You