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Table of Contents

Page

1.

Q1 FY2022 Key Highlights

- 7

3

2.

Financial Performance for Q1 FY2022

8- 14

3.

Operational Performance for Q1 FY2022 and YTD

15

- 19

FY2022

4

Battersea Power Station Updates

20 - 22

5.

Strategy Moving Forward

23

- 30

6.

Investment Proposition

31

- 32

7.

Appendices

36 - 39

The West Course, Kuala Lumpur Golf & Country Club

2

Q1 FY2022 Key Highlights (Financial)

Revenue of RM480.3m and PBT of RM83.2m, translating into PATAMI of RM51.8m in Q1 FY2022

Financial Performance Snapshot

Revenue

PBT

PATAMI

RM480.3m

RM83.2m

RM51.8m

Financial Position

Cash Balances

Total Equity

RM855.8m

RM9,633.5m

Net Assets per

Share Attributable

to Owners of the

Company

Gross Gearing

Net Gearing

RM1.39

40.0%

31.0%

Segment Revenue

Leisure

19.3m

(4.0%)

Investment & Asset

Property

Development

Management

435.7m

25.2m

(90.7%)

(5.3%)

RM480.2m

(after eliminations)

3

(~31% of Q1 FY2022 sales achieved)

Q1 FY2022 Key Highlights (Operational)

Achieved RM888.9m sales in Q1, industrial products as second largest sales contributor of ~31% after residential landed; On track to meet FY2022 sales target of RM2.6b

Operational Highlights

100%

RM888.9m sales achieved with

908 units sold

(~88% from FY2021 launches)

100%

Dayana 2 Phase 2, Nilai Impian

Launched Mar 2022

Residential Landed

78 units, RM36m GDV

Q1 FY2022 Launches

RM383.5m GDV with 533 units

91%

RM2.9b

RM1.5b

unbilled sales

total bookings

(as at 31 March 2022)

(as at 8 May 2022)

Average take-up rates:

XME Phase 2A & 2B, Nilai Impian

Launched Oct 2021 & Mar 2022

Industrial

45 units, RM131m GDV

100% take-up for all 3 new industrial products

(XME Phase 2B, Nilai Impian and i5 & i10, Elmina

Business Park)

(Q1 new launches)

All products (excl. statutory): 98%

Ilham Residence 2, Elmina East

Launched Mar 2022

Industrial: 100%

Residential Landed

Residential (excl. statutory): 96%

277 units, RM191m GDV

Industrial products emerged as second largest sales contributor

*Take-up rates listed as at 8 May 2022

4

YTD FY2022 Key Highlights (Industrial)

Industrial GDV has grown 75% across 2 years from RM307m (2019) to RM1.5b (cumulative as at Q1 FY2022); Secured 100% take-up rates for recent launches; A key growth engine for years to come

Industrial Highlights

CAGR of ~75%

Launched ~RM1.5b

Range of Products & Solutions

over 2 years for

GDV of industrial

Incl. 1st Industrial Fund by

GDV launched from

products

Malaysian public-listed

FY2019 to FY2021

(FY2019 - Q1FY22)

property co.

100%

100%

31% of Q1FY22 sales achieved contributed by industrial products

Top 3 Contributors - Q1FY22 Industrial Sales: The Detached Factories, BBR2 (~RM112m); The Twin Factories 2, Elmina Business Park (~RM48m); Plot 2B, Hamilton (~RM43m)

Ready Built Warehouse & Factories

Build-to-Suit Facilities

The Twin Factories 2,

Industrial Lots

XME Phases 2A & 2B, Nilai Impian

Hamilton Nilai City

Elmina Business Park

Launched Oct 2021 & Mar 2022

Launched Dec 2021

Launched 2021

100%

Elmina Business Park

XME Business Park, Nilai Impian

Bandar Bukit Raja

Presence in

Serenia City

6 townships

Hamilton Nilai City

Bandar Universiti Pagoh

Business Park

The Detached Factories, BBR2

Launched Dec 2021

Strategically located along key economic corridors and infrastructure

across west coast of Peninsular Malaysia

Pagoh Special Economic Zone ("PSEZ")

Launched 2021

5

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Sime Darby Property Bhd published this content on 24 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2022 16:11:15 UTC.