U CITY PCLu.listedcompany.com/misc/presentation/20190822-u-general-present… · Eastin Grand Hotel Sathorn Thailand 390 Eastin Thana City Golf Resort Thailand 194 U Inchantree Kanchanaburi

Vienna House Diplomat Prague

GENERAL PRESENTATION 2Q 2019

U CITY PCL

Prepared by Investor Relations DepartmentU CITY PCL

Address: U City Public Company LimitedIR Department20th Floor, TST Tower, 21 Soi Choei Phuang, Viphavadi-Rangsit Rd.Chomphon, Chatuchak, Bangkok, Thailand 10900

Telephone: +66(0) 2273 8838 Fax: +66(0) 2273 8858

Email: [email protected] Website: www.ucity.co.th

This document has been prepared and distributed by the Investor Relations Department of U City Public Company Limited (“U City”) solely for information purposes. It does not represent or constitute an offer, invitation, recommendation or solicitation to trade shares in U City and should not be relied on as such. Some of the information in this document has not been independently verified, and also includes information made available from public sources and other third party opinion or analyst. U City does not monitor or control the content of third party opinion or statements and does not endorse or accept any responsibility for the content or the use of any such opinion or statements. Thus, U City assumes no responsibility and makes no representations with respect to the accuracy and/or completeness of the information described herein. None of U City or any of its agents, or all of their respective affiliates, or representatives shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection with this document.

All information contained in this document is presented as of the date indicated within, and U City assumes no duty to confirm, revise or update the information. Certain statements in this document may be deemed to contain forward-looking statements, including the statements included or incorporated with the words "believe", "anticipate", "estimate", "target", or "hope", or that otherwise relate to objectives, strategies, plans, intentions, beliefs or expectations or that have been constructed as statements as to future performance or events. These forward-looking statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated at the time the forward-looking statements are made. Thus, U City assumes no responsibility and makes no representations with respect to the accuracy and/or completeness of the forward-looking statements. U City undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

DISCLAIMER

IR CONTACT

2


CONTENTS

Section 1 U City in Brief

Section 2 Recurring Income Property Business

Section 2.1 Hospitality

Section 2.2 Office

Section 2.3 Residential Property Business

Section 3 Land Bank and Others

Section 4 Company’s information

3


Formerly operating solely in Thailand, we expanded internationally since 2017 with a presence in 11 European countries and 5 Asian

and Middle Eastern countries with assets spanning from hotels across various ownership models to office buildings. Within U City’s

portfolio we have 116 hotels and more than 30,000 keys owned, leased and managed (operate and in pipeline), 4 office buildings,

and business interests spanning 16 countries globally

Total of 58 hotels and 2 office buildings

Total of 58 hotels, 2 office buildings, 16 condominium projects

PRESENCE IN 5 ASIAN& MIDDLE EASTERN COUNTRIES

PRESENCE IN 11 EUROPEAN COUNTRIES

• Austria• Belarus• Czech Republic• France• Germany• Poland• Romania• Russia• Slovakia• Switzerland• United Kingdom

• Thailand• Vietnam• Indonesia• India• Oman

WE ARE A GLOBAL CAPITAL ALLOCATORInvesting in Diversified Assets Globally

28%Of total revenue from Thailand*

72%of total revenue from overseas*

THB 54bnTotal Asset Value*

4Information in this presentation is based on 2Q 2019 financial reports, except indicated otherwise

Section 1: U City in Brief

* Based on FY2018


KEY MILESTONES

5

1999 - 2013

1993

Listed on the SET

Rehabilitation

1988

Company founded

2015

• BTS Group

became a major

shareholder

(35.64%)

• Name changed

to

“U City Public

Company

Limited”

2016

First geographic

expansion into

Europe by

acquiring 33

Gracechurch, an

office building in

London, UK

2017

Acquired a hotel

portfolio,

comprising of 24

pan-European

hotels, and a hotel

management

platform

2018

Becoming a leading

property company

after acquiring the lion’s

share of BTS Group’s

property business under

Unicorn Enterprises

(UE), which includes a

portfolio of hotels, hotel

management platform,

land bank and

residential projects

under BTS-Sansiri joint

ventures

Information in this presentation is based on 2Q 2019 financial reports, except indicated otherwise



STRATEGYPoised to Emerge as Thailand’s Leading International Property Investor

• Recycle capital for

future investment

• Potential for fee-based

income

• Access to expertise

and new business

opportunities

• Reduce development

and investment risk

• Increase long-term firm

value and synergies

• Diversified portfolio

• Grow through project

development and

acquisition

• Enhance value

through prudent

management and

value engineering

• Maximize synergy

• To benefit from the

‘mass transit

premium’

6

INVESTMENTEFFICIENT USE

OF CAPITALSUSTAINABILITY PARTNERSHIPS

MASS TRANSIT LINK

5 PILLARS OF SUSTAINABLE VALUE ACCRETION

• Respond to changes

in consumer lifestyles,

including digital

disruption

• Environmental

awareness

• Benefit to communities

• Enterprise value/Return

to Shareholders




BUSINESS OVERVIEWHospitality Focused Portfolio at the Start of a Multi-Year Earnings Expansion Period

Hospitality Office

Residential Property Land Bank & Others

Hospitality segment includes a geographically diversified portfolio of owned, leased and managed hotels in Europe and Asia.

Office segment has lettable space comprising of 2 office buildings in London, UK and 2 office buildings in Bangkok, Thailand.

Through our 50% stake in the BTS-Sansiri JV (Sansiri JV), we develop condominiums near mass transit lines. We recognise equity income or a share of profit from the JV.

63% of our land bank value is located adjacent to future or current mass transit lines and is therefore well-positioned to benefit from the ‘mass transit premium.

33 Gracechurch Street, London

6-14 Underwood Street, London

TST Tower,Bangkok


Noble Comm. Space, Bangkok

7Section 1: U City in Brief


2,620

176 1,204

1,380

2017 Hospitality Office Alternatives Residential 2022

5-YEAR TARGETPoised to Emerge as Thailand’s Leading International Property Investor

FY 2017 FY 2022

Operating Revenue

Recurring Net Profit

Operating Revenue20% CAGR

Recurring Net Profit15% Margin*

Key Growth Drivers

Hospitality All pipeline keys becoming operational 5% revenue CAGR for owned hotels

Office Full-year effect of acquisitions and rent reversion

Alternatives Share of profit from international school, The Unicorn mixed-use building

Residential Future gross development value of THB 68bn

CAPEX / Investment 5-year aggregate of THB 14.6bn

5-YEAR TARGET – Operating Revenue of THB 9,400mn, Recurring Net Profit of THB 1,360mn

Operating Revenue Development (Growth 2017 - 2022)

* Note: revenue includes share of profit in BTS-Siri JV, Keystone JV and Property management services revenue

9,400

4,030

8

4,030

9,410

72% Overseas28% Thailand

59% Overseas41% Thailand

1,360

(127)

THB mn

THB mn




CONTENTS




Section 2.2 Office




9


RECURRING INCOME PROPERTY BUSINESS – HOSPITALITYStrategic Expansion Flexibility Through a Diverse Spectrum of Brands

10Information in this presentation is based on 2Q 2019 financial reports, except indicated otherwise

Section 2.1: Hospitality

Management Platform Brands Under Management Details

Vienna House Capital(100% subsidiary)

Pan-European hotel portfolio, hotel management company and associated brands

4-star boutique hotels across South East Asia with a unique blend of local heritage and modern design

Absolute Hotel Services(50% JV)

3-5 star hotels under the motto of "Value For All Occasions" with signature properties in Thailand, India, Indonesia, Vietnam and Middle East

Travelodge is recognised worldwide as a leading brand in the midscale limited service segment

Two dynamic hotel management platforms that are mutually complementing, offering strategic flexibility

and a springboard for global expansion, under Vienna House and Absolute Hotel Services

Management Platform Brands Under Management Details

Vienna House Capital

(100% subsidiary)

Pan-European hotel portfolio, hotel management company

and associated brands

4-star boutique hotels across South East Asia with a unique

blend of local heritage and modern design

3-5 star hotels under the motto of "Value For All Occasions"

with signature properties in Thailand, India, Indonesia,

Vietnam and Middle East

Absolute Hotel Services

(50% JV) Travelodge is recognized worldwide as a leading brand in

the midscale limited service segment


RECURRING INCOME PROPERTY BUSINESS – HOSPITALITYHotel Portfolio Snapshot

11

NUMBER OF HOTELS AND KEYS GEOGRAPHICAL BREAKDOWN BY KEYS

*Total owned and leased of Operating and in Pipeline**Total managed of Operating and in Pipeline


Operating In Pipeline

hotels keys hotels keys

Subsidiaries 57 9,143 9 2,770

Owned 24 3,963 1 521

Leased 25 3,251 7 1,474

Managed 8 1,929 1 775

Joint Ventures 21 2,564 29 15,738

Managed 21 2,564 29 15,738

Total 78 11,707 38 18,508

Owned 24 3,963 1 521

Leased 25 3,251 7 1,474

Managed 29 4,493 30 16,513

Vietnam59%

Indonesia3%

India3%

France4%

Others6%

Russia11%

Thailand14%

21,006keys**

Germany55%

Poland16%

Romania2%

Slovakia2%

Czech Republic

6%

Switzerland

1%Thailand

18%

9,209keys*

OWNED & LEASED

MANAGED



OWNED HOTELS (24+1)A Geographically Diversified Hotel Portfolio

12

OWNED HOTEL PERFORMANCE


HOTELS IN OPERATION (24)

HOTELS IN PIPELINE (1)

(THB)

Hotel Name Country No. of KeysVienna House Amber Baltic Miedzyzdroje Poland 194Vienna House Andel's Lodz Poland 277Vienna House Diplomat Prague Czech Republic 398Vienna House Easy Airport Bucharest Romania 176Vienna House Easy Amberg Germany 110Vienna House Easy Katowice Poland 203Vienna House Easy Bad Oeynhausen Germany 146Vienna House Easy Bratislava Slovakia 167Vienna House Easy Braunschweig Germany 176Vienna House Easy Castrop-Rauxel Germany 84Vienna House Easy Coburg Germany 123Vienna House Easy Cracow Poland 220Vienna House Easy Günzburg Germany 100Vienna House Easy Landsberg Germany 103Vienna House Easy Limburg Germany 99Vienna House Easy Neckarsulm Germany 95Vienna House Easy Pilsen Czech Republic 144Vienna House Easy Trier Germany 105Vienna House Easy Wuppertal Germany 130Eastin Grand Hotel Sathorn Thailand 390Eastin Thana City Golf Resort Thailand 194U Inchantree Kanchanaburi Thailand 50Anantara Chiang Mai Thailand 84Avani Khon Kaen Thailand 195Total Keys 3,963

Hotel Name Country No. of Keys

Eastin Grand Hotel Phayathai Thailand 521

Total Keys 521

2,878 2,862 2,8122,588

2,098 1,903 1,752 1,789

72.9%66.5%

62.3%69.1%

2017 2018 1Q 2019 2Q 2019

ADR RevPar OCC

Vienna House Diplomat Prague



Vienna House Easy Berlin

OPERATING LEASED HOTELS (25+7)A Capital-Efficient Growth Vector for Our European Hotel Business

13

OP. LEASED HOTEL PERFORMANCE


HOTELS IN OPERATION (25)

(THB)

Vienna House Easy Berlin Vienna House Easy Berlin

3,503 3,453 3,219 3,395 2,802 2,567

1,9972,565

80%74.3%

62.0%

75.6%

2017 2018 1Q 2019 2Q 2019

ADR RevPar OCC


Vienna House Andel's Berlin Germany 557

Vienna House Andel's Cracow Poland 159

Vienna House Easy Berlin Germany 152

Vienna House Easy Leipzig Germany 205

Vienna House QF Dresden Germany 95

Vienna House Mokotow Warsaw Poland 164

arcona Hotel am Havelufer Germany 123

arcona Hotel Baltic Germany 132

arcona Living Bach14 Germany 52

arcona Living Batschari8 Germany 69

arcona Living Bremen Germany 44

arcona Living Ernst Leitz Hotel Germany 129

arcona Living Goethe87 Germany 47

arcona Living München Germany 94

arcona Living Osnabrück Germany 108

arcona MO.Hotel Germany 131

arcona Die Kleine Sonne Germany 48

Steigenberger Hotel Remarque-Osnabruck Germany 156

Steigenberger Hotel Sonne Germany 119

Steigenberger Hotel Thüringer Hof Germany 127

Steigenberger Parkhotel Braunschweig Germany 180

Steigenberger Hotel Stadt Hamburg Wismar Germany 103

arcona Living Schaffhausen Switzerland 130

U Chiang Mai Thailand 41

U Sathorn Thailand 86

Total keys 3,251

HOTELS IN PIPELINE (7)


Vienna House Kronberg Germany 96

Vienna House Easy Raunheim Germany 200

Vienna House Easy Wroclaw Poland 240

arcona Living Mannheim Germany 128

Revo Munich Germany 607

arcona Living Greifswald Germany 123

Customs House Thailand 80

Total Keys 1,474



14

HOTEL IN PIPELINE (30)

Hotel Name Country No. of KeysAngelo by Vienna House Ekaterinburg Russia 211Angelo by Vienna House Prague Czech Republic 168Liner Airport Hotel Ekaterinburg Russia 152Marriott Minsk Hotel Belarus 217Vienna House Andel's Prague Czech Republic 290Vienna House Dream Castle Paris France 397Vienna House Magic Circus Paris France 396Vienna House Martinspark Dornbirn Austria 98Eastin Ashta Resort Canguu Bali Indonesia 130Eastin Easy Aishwarya Talegaon India 90Eastin Grand Hotel Saigon Vietnam 268Eastin Hotel Makkasan Thailand 280Eastin Hotel Tan Chiang Mai Thailand 119Eastin Residences Muscat Oman 50Eastin Residences Vadodara India 44Mountain Lodge By U Thailand 7Travelodge Pattaya Central Thailand 164Travelodge Sukhumvit 11 Thailand 224U Janevalla Bandung Indonesia 119U Jomtien Thailand 63U Khao Yai Thailand 63U Nimman Chiang Mai Thailand 150U Pattaya Thailand 44U Sukhumvit Thailand 82U Tropicana Alibaug India 32U Zenmaya Phuket Thailand 50U Paasha Seminyal Bali Indonesia 99Holiday Inn Leuchtenbergring Germany 279Holiday Inn Munich Westpark Germany 207Total Keys 4,493

Hotel Name Country No. of KeysEastin Easy Vita India 50Eastin Phat Linh Hotel Halong Vietnam 334Eastin Hotel & Residences Hanoi Vietnam 200Eastin Grand Hotel Panorama Nha Trang Vietnam 1,056Eastin Hotel Harbour Bangkok Thailand 456Eastin Hotel Nha Trang Vietnam 180Eastin Lakeside Hotel Hanoi Vietnam 90Travelodge Niman Chiang Mai Thailand 150Travelodge Jomtien Thailand 150U Lombok Indonesia 110Travelodge Phuket Town Thailand 180Eastin Grand Hotel Vung Tau Vietnam 4,000

Eastin Grand Hotel Hong Van Hotel Halong Vietnam 380Eastin Grand Resort Danang Vietnam 300U Manado Indonesia 120U North Pattaya Thailand 270Skye By Travelodge Nha Trang Vietnam 4,300U Danang Vietnam 154U Riverside Hoi An Vietnam 150U Mui Ne Vietnam 108U Bang Rak Samui Thailand 60U Phu Quoc Vietnam 150Eastin Easy Pen India 350Travelodge Jatujak Bangkok Thailand 200U Sochi Russia 600U Gelendzhik Russia 600U Crimea Russia 700Travelodge Bangsean Thailand 160Eastin Residences Sri Racha Thailand 180Vienna House Vung Tau Vietnam 775Total keys 16,513


HOTEL IN OPERATION (29)


MANAGED HOTELS (29+30)Growth Engine that Benefits from Economies of Scale


15

Vienna House Diplomat PragueVienna House Diplomat PragueVienna House Andel's Berlin

Vienna House Andel's Berlin Vienna House Andel's Berlin Vienna House Andel's Cracow



16

Vienna House Easy BraunschweigVienna House Easy Amberg Vienna House Easy Amberg

Vienna House Easy KatowiceVienna House Easy Bad OeynhausenVienna House Easy Bratislava



17

Visualization

VisualizationVisualization



Visualization



18

U Sathorn Bangkok

U Sathorn Bangkok

U Sathorn Bangkok

U Sathorn Bangkok

U Sathorn Bangkok

U Sathorn Bangkok



19

Eastin Grand Sathorn

Eastin Grand Sathorn Eastin Grand Sathorn

Eastin Grand Sathorn Eastin Grand Sathorn

Eastin Grand Sathorn



20

Eastin Thana City Golf Resort Eastin Thana City Golf Resort Eastin Thana City Golf Resort

Eastin Thana City Golf Resort Eastin Thana City Golf ResortEastin Thana City Golf

Resort



21

Eastin Easy Aishwarya Talegaon Eastin Easy Aishwarya Talegaon

Eastin Easy Aishwarya Talegaon





22

Travelodge Pattaya

Travelodge Pattaya Travelodge Pattaya

Travelodge Pattaya Travelodge Pattaya

Travelodge Pattaya



CONTENTS




Section 2.2 Office




23


RECURRING INCOME PROPERTY BUSINESS – OFFICEOffice Portfolio Snapshot

24Section 2.2: Office

31,625 Sqm

Net Floor Area

92.4 %

Occupancy

Gracechurch StreetUnderwood Street Noble Comm. Space


TST Tower

NET FLOOR AREA (SQM) & BLENDED OCCUPANCY RATE

8,747 8,747 8,747 8,747 8,747 8,747 8,747 8,747

2,370 2,370 2,370 2,370 2,370 2,370 2,370 2,370

16,115 16,064 16,961 16,067 16,067 16,061

4,447

100.0% 100.0% 100.0% 100.0% 100.0% 99.3%91.2% 92.4%

3Q '17 4Q '17 1Q '18 2Q '18 3Q '18 4Q '18 1Q '19 2Q '19

Gracechurch Underwood TST Tower Noble %OCC


Situated within the heart of the City of London,fronting the western side of Gracechurch Street,one of the City’s main thoroughfares, and benefitsfrom close walking distances to undergroundstations Bank and Monument

33 GRACECHURCH

STREET, LONDON

25

Property Details

Ownership150-year lease expiring on 18 Jan 2162(Approximately 142 years unexpired)

Head Rent GBP 204,000 p.a., with rent review every 5 years

Building Specifications

• Comprehensively refurbished and extended in 2007• NFA: 8,747 sqm

Tenants• 6 tenants• Average unexpired lease term of 5.1 years

Atmosphere around Gracechurch, London Atmosphere around Gracechurch, London

Atmosphere around Gracechurch, London

Section 2.2: Office

33 GRACECHURCH STREET, LONDON


25Section 2.2: Office

6-14 UNDERWOOD STREET, LONDON

Situated within the heart of the tech city area ofLondon and is less than 650 meters from Old StreetRoundabout, known as ‘Silicon Roundabout’.Technology, media and telecommunicationscompanies choose to relocate to the area. Theproperty also benefits from excellent transport links;including underground, rail and bus services.

6-14 UNDERWOOD STREET, LONDON

Property Details

Ownership85-year lease expiring on 25 Dec 2055(Approximately 36 years unexpired)

Head Rent GBP 111,250 p.a., with rent review every 14 years


• Comprises of three attractive Victorian warehouse buildings

• NFA: 2,370 sqm over basement, ground and three upper floors

Tenants • In negotiations with potential tenants

Atmosphere around Underwood Street, London



Atmosphere around Underwood Street,

LondonAtmosphere around

Underwood Street, London


TST TOWER, BANGKOK

27

Situated in a burgeoning business area en-routeto Don Muang International Airport and 15 minsfrom Mochit BTS Station, the area is closed to anumber of major Thai corporate headquartersand foreign office

TST TOWER

Property Details

Ownership Freehold


• High-rise office tower with multi-floor parking• NFA: 16,061 sqm on 24 floors

Anchor Tenants• BTS Group• VGI Media • Office of SME Promotion

Atmosphere around TST Tower




Section 2.2: Office


NOBLE PLOENCHIT COMMERCIAL SPACE

28

12 commercial units, 4,447 sqm with a direct access from BTS Ploenchit

Property Details

Ownership Freehold


• 12 commercial units, direct access from BTS Ploen Chit station

• NFA: 4,447 sqm

Tenants • Noble Development Plc ("Noble")

NOBLE COMM. SPACE

Section 2.2: Office


CONTENTS




Section 2.2 Office




29


RESIDENTIAL PROPERTY BUSINESS – SANSIRI JV

30

PARTNERSHIP ROADMAP

2015

2016

50:50 JV to develop a targeted THB 100bn worth of condominiums along current and future mass transit lines through the JV with Sansiri PCL with an expected NPAT margin 12%

2018

2017

The LINE WongsawangThe LINE

Sukhumvit 101

The LINE

Jatujak-Mo Chit

Fully transferred

The LINE

Sathorn• The LINE Jatujak – Mo Chit Project value: THB 5,815mn No. of units: 841

• The LINE Sukhumvit 71Project value: THB 1,967mn No. of units: 291

• The LINE RatchathewiProject value: THB 2,809mn No. of units: 231

• The BASE Phetkasem 29Project value: THB 2,011mn No. of units: 640

• The MONUMENT Thong LoProject value: THB 6,381mn No. of units: 127

• The LINE SathornProject value: THB 3,910mn No. of units: 327

• The LINE Asoke-RatchadaProject value: THB 3,022mn No. of units: 473

• The BASE Garden Rama 9Project value: THB 2,336mn No. of units: 640

• The LINE Phahon-PradipatProject value: THB 5,887mn No. of units: 982

• The LINE Sukhumvit 101Project value: THB 4,653mn No. of units: 778

• KHUN BY YOO Project value: THB 4,066mn No. of units: 148

• The LINE WongsawangProject value: THB 4,763mn No. of units: 1,288

• The BASE SaphanmaiProject value: THB 2,919mn No. of units: 820

• The LINE Phahonyothin ParkProject value: THB 4,969mn No. of units: 880

• The BASE Ratchada-ThapraProject value: THB 3,050mn No. of units: 1,037

2022

• The Line Rama9 Pung Muang Project value: THB 1,842mn No. of units: 315

2024

Section 2.3: Residential Property Business


31

THE BASE Sapanmai

THE LINE Phahonyothin Park

THE LINE Phahon Pradipat

THE LINE Ratchathewi

THE MONUMENT Thong Lo

KHUN BY YOO

THE LINE Sukhumvit 101THE LINE Sathon

THE BASE Phetkasem

THE LINE Wongsawang

Active Projects

PRESALES BACKLOG SCHEDULE

(THB mn)

PRESALES UPDATE

Active Projects along Mass Transit Lines

(THB mn) 2Q 2019 1Q 2019 2Q 2018 % QoQ %YoY

Value* 645 1,319 804 -51.1% -19.7%

No. of units 91 312 85 -70.8% 7.1%

*Net of cancellations

6,935

5,148

3,461

1,142

16,685

2019 2020 2021 2022 Total PresalesBacklog

(THB mn)

*Backlog as of 4 August 2019. Not equity adjusted

Section 2.3: Residential Property Business

RESIDENTIAL PROPERTY BUSINESS – SANSIRI JVPresales Update and Backlog Schedule


CONTENTS




Section 2.2 Office




32


LAND BANKSufficient Land Bank For Multi-Year Development

Khukhot51.7 rai (8.3 ha)

Mochit11.1 rai (1.8 ha)

Bangkrachao25.4 rai (4.1 ha)

Ratburana27.5 rai (4.4 ha)

Suksawad16.6 rai (2.7 ha)

Land Bank

NATIONWIDE LANDBANK PORTFOLIO

Total of 881.6 rai (1.41mn sqm) divided into 132.4 rai (0.21mn sqm) located in Bangkok & Vicinities and 749.2 rai (1.20mn sqm) upcountry

Bangkok & Vicinities

132.4 rai (21.2 ha)

Nakorn Ratchasima

747.2 rai (119.6 ha)

Chonburi (to be disposed)

2.0 rai (0.3 ha)

BOOK VALUE OF LAND BANK 30 JUNE 2019

THB bn Book Value

Bangkok & Vicinities 6.6

Upcountry 1.4

Total Land Bank 8.0

% Near Mass Transit 63%

Land Bank along Mass Transit Lines

Section 3: Land Bank and Others 33


34

51 levels of mixed-use building comprising retail, office, hotel and premium residences

THE UNICORN

Project Details

Project value Approximately THB 9.3bn

Land Area 7.3 Rai or 1.2 Ha (11,749.6 sqm)

GFA 120,395 sqm

LocationAdjacent to 2 mass transit stations: BTS Phayathai Station and Airport Rail Link

Status 11.9% Progress

Project period Approximately 48 months

Construction Period3Q 2017 1Q 2022

Start Completion

RetailNFA: 2,816 sqm

Hotel & Service ResidenceNFA: 28,274 sqm

Office NFA: 22,499 sqm

Section 3: Land Bank and Others

THE UNICORN, PHAYATHAIProject at a Glance


35

The Unicorn: Commercial Preliminary Concept Design



36

Total AreaNFA: 12,300 sqm

World-ClassDining Experience

5-Star Luxurious Hotel

ROI CHAK SAM


Land Area 5.15 Rai or 0.82 Ha (8,240 sqm)

LocationOn the Chao Praya Riverside, Soi Charoenkrung 36, Bangrak, Bangkok

ConceptFocus on the harmony between the heritage custom house and new building

Management Company

Luxury hotel brand

StatusNew lease terms signed and during planning stage

Project Details

A luxurious 5-star hotel project in a rare, historic, colonial-era heritage building located along magnificent Chao Praya Riverside, on Charoen Krung road.


ROI CHAK SAMProject at a Glance


37

A 50:50 joint venture between U City and Hong Kong Partner who has extensive experience in International School to provide educational services for up to 1,800 students from Pre-K to grade 12

VERSO INTERNATIONAL

SCHOOL

Project Details


Land Area 79.4 Rai or 12.7 Ha (127,065 sqm)

Location Thana City

ConceptProviding unique learning experience and paring modern technology and contemporary teaching techniques

Status 55% Progress

Project period Approximately 36 months

Construction period

Opening Date August 2020

2017 1Q 2020

Start Completion


VERSO INTERNATIONAL SCHOOL AT THANA CITYProject at a Glance


CONTENTS




Section 2.2 Office



Section 4 Company’s Information

38


COMPANY’S INFORMATION

39

STOCK PROFILE

* Bloomberg as of 19 August 2019. Excludes preference shares

Mr. Keeree KanjanapasChairman

Mr. Rungson SriworasatIndependent Director / Chairman of Audit Committee / Nomination & Remuneration Committee

Mr. Chaiwat AtsawintarangkunIndependent Director / Chairman of Nomination & Remuneration Committee / Audit Committee

Mr. Plakorn WangleeIndependent Director / Audit, Nomination & Remuneration Committee

Mr. Paisal TarasansombatIndependent Director / Audit, Nomination & Remuneration Committee

Mr. Surajit Gongvatana Director / Chairman of Executive Committee

Mr. Kavin KanjanapasDirector

Mr. Kong Chi KeungDirector

Ms. Piyaporn PhanachetExecutive Director / Chief Executive Officer

Mr. Sayam SiwarapornskulExecutive Director / Chief Legal Officer / Company Secretary

Top 10 Shareholders (19 August 2019)

1 BTS Group Holdings PCL 35.8%

2 Trophy Capital Growth Fund 10.8%

3 Thai NVDR Co Ltd 2.2%

4 The Vanguard Group Inc. 2.2%

5 Sukalya Tongpan 1.6%

6 Komol Jungrungreangkit 1.4%

7 Wichit Chinnawongworakul 1.4%

8 Somkiet Chatsakulwilai 0.9%

9 Chaiyan Chakarakul 0.9%

10 Thongpleow Siripornpitak 0.8%

Stock Code U / U-P

Market Capitalisation THB 10,049mn

Total Outstanding Shares 5,614mn

Total Preference Shares 11,970mn

Website: http://www.ucity.co.th

BOARD OF DIRECTORS

Section 4: Company’s Information

Documents

U CITY PCLu.listedcompany.com/misc/presentation/20190822-u-general-present… · Eastin Grand Hotel Sathorn Thailand 390 Eastin Thana City Golf Resort Thailand 194 U Inchantree Kanchanaburi