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Serba Dinamik Holdings Berhad

WELCOME TO SERBA DINAMIK HOLDINGS BERHAD’S

1ST ANNUAL GENERAL MEETING

KUALA LUMPUR | 26 MAY 2017

Presented by:DATO’ DR. IR. MOHD ABDUL KARIM ABDULLAH

Group Managing Director, Group CEO &

Non-independent Executive Director


2016PERFORMANCE

2


536

756

1,410

2,168

1,409

2013 2014 2015 2016* 2016

Revenue (MYR million)

Note: * Serba Dinamik Group Berhad’s consolidated accounts has been used for the purpose of comparison between current and past years** Serba Dinamik Holdings Berhad’s financial data from 25 May 2016 to 31 Dec 2016, as it effectively acquired the group on 25 May 2016

41.0%

86.5%

53.8%

3

**


66 68

160

268

167

2013 2014 2015 2016* 2016**

3.0%

135.3%

67.5%

Profit Before Tax (MYR million)


4


59 64

157

246

152

2013 2014 2015 2016* 2016

8.5%

145.3%

56.7%


Profit After Tax & Non-controlling Interests(MYR million)

5

**


0.95 1.03

2.52

3.33

0.14

29.8%

23.6%

33.0%

30.1%

0

0.5

1

1.5

2

2.5

3

3.5

2013 2014 2015 2016* 2016

18.8%

Earnings per

Share

Return on

Earnings

Earnings per Share (MYR) &

Return on Earnings (%)


6

**


198271

476

817 809

151211

473

640 640

12 2276

43 43

0.76 0.78

1.00

0.78

0.00

0.20

0.40

0.60

0.80

1.00

1.20

0

100

200

300

400

500

600

700

800

900

2013 2014 2015 2016* 2016

Tim

es

MYR

mill

ion

S/holders'funds

Borrowing Cash & cashequivalents

Gross gearing ratio

**

Balance Sheet


7

0.78


418 600

1,275

1,931

1,253 107

91

125

233

152

11

65

3

5

3

2013 2014 2015 2016* 2016

By Division (MYR million)

Operation & Maintenance (O&M) EPCC Others

77.99% 79.37%90.88% 89.0% 89.0%

19.96% 12.04%

8.91% 10.8% 10.8%

2.1% 8.6% 0.2% 0.2% 0.2%

2013 2014 2015 2016* 2016

By Division (%)

Operation & Maintenance (O&M) EPCC OthersNote: * Serba Dinamik Group Berhad’s consolidated accounts has been used for the purpose of comparison between current and past years

** Serba Dinamik Holdings Berhad’s financial data from 25 May 2016 to 31 Dec 2016, as it effectively acquired the group on 25 May 2016

Revenue Breakdown

8

** **


347390

570

949

610

84124

167103

31105

240

663

1114

766

0 0.62 3 3 1

2013 2014 2015 2016* 2016

By Geographical Region(MYR million)

Southeast Asia Central South Asia Middle East Europe

Malaysia 35%

Indonesia 8%

Turkmenistan 5%India 0.1%Bahrain 8%

UAE10%

Qatar16%

Oman 2%

Saudi Arabia 13%

Kuwait 3% UK 0.1%

By Country (%) – 2016*


Revenue Breakdown

9

**


Utilisation of Proceeds

Estimated Timeframe for Utilisation from the Date of

Our Listing

Proposed Utilisation(RM’000)

Percentage (%)

ActualUtilisation

(RM’000)(1)

ActualUtilisation

(%)

Expansion of business & operational facilities

Within 36 months 300,000 73.7 - -

Working capital Within 36 months 29,300 7.2 20,000 68.3

Repayment of bank borrowings/ financing

Within 12 months 60,000 14.7 60,000 100.00

Estimated listing expenses

Within 6 months 17,800 4.4 14,018 78.8

Total 407,100 100.0 94,018 23.1

(1) As at 31 March 2017

Status of Utilisation of IPO Proceeds

10


Stock Name/ Code SERBADK/ 5279

Market Main Market

Sector Trading/ Services

Share Price RM2.19 (as at 25 May 2017)

Market Capital RM2.924 billion (as at 25 May 2017)

Share Capital 1.335 billion

2017 High (RM) Low (RM)

February 1.80 1.51

March 1.78 1.64

April 1.97 1.94

May (as at 25 May 2017) 2.22 2.18

52-Week 2.30 1.51SERBADK: 42.11

FBMKLCI: 4.87

Outperform the FBMKLCI by 37.24%

Share Price Performance


2016DIVISIONAL

PERFORMANCE


418 600

1,275

1,931

1,253

74 97 212 334

212

17.7%

16.2% 16.6%

17.3%

-

500

1,000

1,500

2,000

2,500

2013 2014 2015 2016* 2016

MY

R m

illio

n

Revenue Gross profit Gross profit margin

9 Service Centres:

31 300 111 569

975 1,820

2014 2015 2016

O&M Revenue Breakdown (MYR Million)

IRM MRO

Operation & Maintenance (“O&M”)

Division

13

Overseas

Bahrain

UAE

Malaysia

Paka

Labuan

Miri

Pasir Gudang

Bintulu

Bdr. Penawar

Meru, Klang

**

17.0%


MRO of rotating equipment:• Motors• Generators• Pumps• Compressors

409 569975

1820

2013 2014 2015 2016*


i. Maintenance, Repair & Overhaul

(MRO)

14

1227

2016**



9 31

300

111

2013 2014 2015 2016*


IRM of static equipment & structures:• Pressure vessels (fired/unfired)• Heat exchangers• Reactors• Pipe racks

ii. Inspection, Repair & Maintenance

(IRM)

15

2016**

26


107 91

125

233

152

17 10 20 39

22

15.6%

10.7%

15.9%16.7%

-

50

100

150

200

250

2013 2014 2015 2016* 2016**

MY

R m

illio

n


• Plants• Facilities• Road infrastructure• Buildings including:

- Small hydropower plants- CNG plants- Microturbine generators- Steel structures- Piping

Engineering, Procurement, Construction &

Commissioning (EPCC) Division

16

14.4%


• Technical training• Provision of ICT solutions &

services• Supply of products and parts• Provision of logistics services

11

65

3 5 3 0.6 4.0

0.5 1.0 0.6

5.6%6.9%

17.4%

21.7%

-

10

20

30

40

50

60

70

2013 2014 2015 2016* 2016**

MY

R m

illio

n


Other Supporting Services

17

19.2%



GOINGFORWARD


Type Customer Location Tenure(Year)

ContractPeriod

Provision of mechanical maintenance and project services

Shell MDS (M) Sdn. Bhd

Malaysia 4 4/1/2017 –31/3/2021

Provision of maintenance services for weir gas compressors

Petronas Carigali Sdn. Bhd

Malaysia 2 1/6/2016 –31/5/2018

Provision of turbomachinery maintenance and engineering support services

Muhammed Jabar Trading & Contracting

Qatar 3 16/2/2017 –15/2/2020

Provision of condition based monitoring

Petrofac (Malaysia PM304) Ltd

Malaysia 3 26/1/2017 –31/3/2020

Provision of manpower, workshop facilities and equipment for rotating equipment overhaul and repair work

Petronas Floating LNG1 (L) Ltd

Malaysia 1 1/3/2017 –28/2/2018

Recent Contracts Secured

19

Total estimated contract value:

RM468.95million


Memorandum of agreement with Nicol & Andrew Group PLCExclusive Service Partnership for maintenance, repair and overhaul (“MRO”) and “In-Situ” or “On Site” services for the Malaysian oil & gas, petro chemical, oleo chemical, marine, plantation, energy, power production and distribution, water & waste water as well as general industries– April 2017

Memorandum of understanding between EAG Capital Sdn Bhd with Serba Dinamik Group Berhad, & Malaysia-Bahrain Business Council & Bahrain-Malaysia Business Council (“MBCC/BMBC”)Source for & make connections with the respective government departments of the Kingdom of Bahrain for the Consortium to conduct a feasibility study for an integrated solid waste management & water desalination plant in Bahrain– May 2017

1

2

Recent Corporate Developments

20


Operational facilities

Establish new facilities

East MalaysiaNew services (c. 100 acres)

to capitalise on ample business opportunities in

East Malaysia

Johor

To support works under the RAPID project & future

projects within Pengerang Integrated Petroleum

Complex

Upgrading current facilities

Malaysia & UAEUpgrade existing service

centres and invest & construct additional facilities

in the logistics centre

O&M of small hydropower plants

Strengths in MRO & IRM

Expand into operations of small hydro plants

Kota Marudu, Sabah

21 year O&M contract for small hydropower plants

with total capacity of 29.1 MW

Expansion Plans – Operation Facilities

21


Business

Investment acquisition

MRO service providers

Complement or expand existing suite

of products of geographical markets

Small hydropower generation companies

Expanding asset ownership business model for recurring

income

Adat Sanjung Sdn Bhd

Konsortium Amanie JV Sdn Bhd

Development of small

utilities assets in Indonesia

East Kalimantan

Small gas power plants & water utilities

Muaro Jambi Small gas power plant

22

Expansion Plans – Business


Adat Sanjung Sdn Bhd

30% equity ownership

MYR218.0 million EPCC contract (hydropower plants at Kota Marudu, Sabah)

21 years O&M contracts (commence in 1Q18)

Konsortium Amanie JV

Sdn Bhd

40% Equity ownership

MYR290.0 million EPCC contract (water treatment plant for Kuala Terengganu Utara

Water Supply Scheme)

Expansion Plans –

Business (Asset Ownership)

23


SUPPORTED BYPOSITIVE INDUSTRYOUTLOOK


ForecastedGlobal Demand

ForecastedInvestments

Malaysia Outlook

O&G

Oil2020

100 millionbarrels per day

Gas2020

3.8 trillion standard cubic

metres

Global spending on crude oil refineries

2015-2040US$ 900 billion

in cumulative investment

US$ 36 billionannually to maintain &

replace facilities & equipment of

crude oil refineries globally

PETRONAScommitted spending

2016-2020US$ 4 billion

in cumulative investment

O&G

25


ForecastedGlobal Demand

ForecastedInvestments

Malaysia Outlook

PowerGeneration

Total installed capacity

20206,577

Gigawatts

2016-2020US$ 400 billion

in averageannual investment

Generation Development Plan

2015-202519

power projects with combined installed capacity

of 9.912 megawatts

Water 20205,500

cubic kilometres

Global water & waste watertreatment market by

chemicals & equipment 2022

US$ 138 billion

Budget 2017 MYR 2,119 millionfocusing on water

supply & treatment

Power Generation & Water

26

Serba Dinamik Holdings Berhad27

OTHERHIGHLIGHTS


2.2 Sen per Ordinary Share

Total Pay-out

RM29.4 Million equivalent 37.5% of Group’s Profit After Tax

28

First Interim Single-tier Tax-exempt

Dividend – Q1FY17


Established international total energy engineering solutions provider

Growing in low oil price environment

Tapping on the M&A trend in O&G sector

On the right track of growth initiatives

29

Key Investment Highlights


On behalf of the board, Management and Staff of Serba Dinamik for serving on the Board of Serba and its subsidiaries since June 1993

Thank you!

30


CONTACT INFO:

AGM Presentation is available on our website

http://serbadinamik.com/agm.html

For institutional investors:

Investor Relation

Tel: +603 5511 [email protected]

mailto:[email protected]

Documents

WELCOME TO - listed companyserbadinamik.listedcompany.com › misc › agm › 2017 AGM...Jabar Trading & Contracting Qatar 3 16/2/2017 – 15/2/2020 Provision of condition based monitoring