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20240428_DMAS_Laporan Informasi dan Fakta Material_31630559_lamp4.pdf
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PT PURADELTA LESTARI TBK MANAGEMENT PRESENTATION MARCH 2024 UNAUDITED RESULTS APRIL 2024 STRICTLY CONFIDENTIAL
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DISCLAIMER
THIS PRESENTATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT, IS NOT INTENDED TO BE, AND SHALL NOT BE CONSTRUED AS, AN OFFER, INDUCEMENT,
INVITATION, SOLICITATION, COMMITMENT OR ADVERTISEMENT WITH RESPECT TO THE PURCHASE, SUBSCRIPTION OR SALE OF ANY SECURITY AND NO PART OF IT SHALL
FORM THE BASIS OF, OR BE RELIED UPON IN CONNECTION WITH, ANY CONTRACT OR COMMITMENT WHATSOEVER.
The information that follows is a presentation of general background information about PT Puradelta Lestari Tbk. (the “Company”) prepared by the Company as 31 March 2024.
This presentation has been prepared for information purposes only. None of the information appearing in this presentation may be distributed to the press or other media or reproduced or
redistributed in the whole or in part in any form at any time. Any recipient of this presentation and its directors, officers, employees, agents and affiliates must hold this presentation and any
information provided in connection with this presentation in strict confidence and may not communicate, reproduce, distribute or disclose to any other person, or refer to them publicly, in whole
or in part. This presentation is not for publication, circulation or use in the United States and may not be transmitted or taken into the United States.
This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities of the Company in the United States or any other jurisdiction in which such offer,
solicitation or sale would be unlawful under the securities laws of any such jurisdiction, and neither this presentation nor anything contained herein shall form the basis of or be relied on in
connection with any contract or commitment whatsoever.
This presentation may contain forward-looking statements and other information that involve risks, uncertainties and assumptions. Forward-looking statements are statements that concern
plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements that are other than statements of historical fact, including, but not limited
to, those that are identified by the use of words such as “anticipates”, “believes”, “estimates”, “expects”, “intends”, “plans”, “predicts”, “projects” and similar expressions. Such forward-looking
statements include, without limitation, statements relating to the competitive environment in which the Company operates, general economic and business conditions, political, economic and
social developments in the Asia-Pacific region (in particular, changes in economic growth rates in Indonesia and other Asian economies), the Company's landbank, costs and liabilities,
customer diversification endeavors, the industry of the Company and other factors beyond the Company's control. Actual outcomes may vary materially from those indicated in the applicable
forward-looking statements. Any forward-looking statement or information contained in this presentation speaks only as of the date the statement was made. None of the Company, its
directors, commissioners, officers, employees, agents, advisers, affiliates or any other person assumes responsibility for the accuracy, reliability and completeness of the forward-looking
statements contained in this presentation, and none of the Company, its directors, commissioners, officers, employees, agents, advisers, affiliates or any other person assumes any obligation
to update any information contained in this presentation or to publicly release any revisions to any forward-looking statements to reflect actual results or events or circumstances that occur or
that it becomes aware of after the date of this presentation. You should not place undue reliance on any forward-looking statements.
Accordingly, no representation or warranty, either expressed or implied, is provided by the Company, its directors, commissioners, officers, employees, agents, advisers, affiliates or any other
person in relation to the accuracy, completeness or reliability of the information contained in this presentation, nor is it intended to be a complete statement or summary of the resources,
markets or developments referred to in this presentation. It should not be regarded by recipients as a substitute for the exercise of their own judgment.
By accepting delivery of this presentation, the recipient agrees to accept and be bound by the statements, restrictions and limitations set forth herein and is deemed to have represented and
agreed that the recipient and any account the recipient represents is (i) located outside the United States within the meaning of Regulation S under the U.S. Securities Act of 1933, as
amended (the “Securities Act”) or (ii) the recipient is a dealer or other professional fiduciary holding a discretionary account or similar account (other than an estate or trust) for the benefit and
account of a person who is not, and each person on whose behalf the recipient is viewing this presentation is not, a US person as defined in Regulation S under the Securities Act.
STRICTLY CONFIDENTIAL PAGE 1
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AGENDA
1
01 COMPANY
A
OVERVIEW 3
02 OPERATIONAL UPDATES 12
03 SUSTAINABLE DEVELOPMENT 23
04 KEY FINANCIAL INFORMATION 29
STRICTLY CONFIDENTIAL PAGE 2
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01
COMPANY OVERVIEW
STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 3
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COMPANY OVERVIEW
PT PURADELTA LESTARI TBK
Leading Integrated Township Developers at East of Jakarta
JOINT VENTURE :
PT Puradelta Lestari Tbk (DMAS)
Project Title : Kota Deltamas
Project Description : Industrial-based Modern Integrated Township
Location : Jalan Tol Jakarta-Cikampek KM 37, Cikarang Pusat, Bekasi
Total Area : ± 3,185 hectares
Established in : 1993
Year of IPO : 2015
STRICTLY CONFIDENTIAL PAGE 4
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COMPANY OVERVIEW
KEY COMPANY MILESTONES
◼ Establishment
◼ Commenced
of JV PT ◼ Commenced ◼ Intensity on
work on
◼ Incorporated Panahome development electric vehicle
◼ Direct access Greenland
as a local ◼ Bekasi Regency Deltamas of new usage for the
from Jakarta- International
investment Indonesia industrial zone Company’s
Cikampek toll Government Industrial
company in road to Kota Center in Kota Center ◼ Obtained KLIK for data center operational
Indonesia Deltamas Deltamas (“GIIC”) facility in GIIC activities
1993 1996 2001 2002 2004 2008 2015 2017 2018 2021 2022
◼ Changed company status ◼ Launched first ◼ Commenced ◼ Listed in IDX ◼ Obtained ◼ Start
to foreign capital residential development of Certifications of implementing
investment company development light industry area Renewable
ISO 9001:2015
◼ Sojitz Corporation ISO 14001:2015 Energy (REC)
(previously Nissho Iwai ISO 45001:2018
Corporation) became 25%
shareholder of the
Company
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COMPANY OVERVIEW
SHAREHOLDING STRUCTURE
Joint Venture Company of Sinarmas Land and Sojitz Corporation
Ownership Structure of the Company Combination of Unique Strength of
Sinarmas land and Sojitz Corporation
Sojitz PT Sumber
Public
Corporation Arusmulia Strong
Proven Expertise
International
25.00% 57.28% 17.72% and Long Track
Marketing Platform
Record of Property
and Strategic
Development and
Partnership
Management
PT Puradelta Lestari
• General trading
Tbk • Leading and
conglomerate
most experienced
99.90% 49.00% with a worldwide
property
network in c. 50
developer in
PT Pembangunan PT Panahome countries and
Deltamas* Deltamas Indonesia**
Indonesia
regions
• Listed in SGX
• Listed in TSE
* Subsidiary of the Company
** Joint Venture Project
STRICTLY CONFIDENTIAL PAGE 6
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COMPANY OVERVIEW
MANAGEMENT BOARD
Board of Directors
Hongky J. Nantung Atsushi Uehara Hermawan Wijaya Tondy Suwanto
President Director Vice President Director Director Director
Board of Commissioners
Muktar Widjaja Teky Mailoa Takefumi Nishikawa Seiji Itagaki Teddy Pawitra Susiyati B. Hirawan
President Vice President Vice President Commissioner Independent Independent
Commissioner Commissioner Commissioner Commissioner Commissioner
STRICTLY CONFIDENTIAL PAGE 7
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COMPANY OVERVIEW
BUSINESS MODEL
Our Business Model in Brief
Demand for
Demand for
Demand for housing flowing from employees residential
industrial
and visitors from industrial area
Key industrial customers
Residential developments creating a conducive living
environment that attracts industrial customer workforce
Supporting supplier –
Tier 1
Demand for manpower Social infrastructure Commercial /
Population retail
Supporting supplier – growth developments
Tier 2 creating a
driving
demand for desirable living
commercial environment
Supporting supplier –
Tier 3 Govt centres, educational
institutions, medical,
shopping centers, etc. Demand for
Supporting supplier – commercial
Tier ...
Growth in workforce generating retail traffic
Commercial developments enhances workplace attractiveness
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COMPANY OVERVIEW
LOCATION
AUTO INDUSTRY CONCENTRATION
Tanjung Priok
Seaport • Automotive manufacturing and assembling plants in
Soekarno Hatta Indonesia are concentrated in East Jakarta-
Int’l Airport
Cikampek Corridor.
Patimban Deep
• Strategically located at the epicenter of the
Seaport
industrial zone along Jakarta-Cikampek Toll Road.
Bekasi
Regency
Karawang
Cikarang
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COMPANY OVERVIEW
LOCATION
INFRASTRUCTURE DEVELOPMENT TO SUPPORT INDUSTRY
*this picture is just an illustration
Tanjung Priok
Seaport
Soekarno Hatta
Int’l Airport Cilincing-
Cibitung Toll
Road
Bekasi Patimban Deep
Regency Seaport
Cibitung Karawang
Cikarang
Cibitung-
Cimanggis
Toll Road
Kertajati Airport
PROXIMITY & INFRASTRUCTURES
Jakarta - Cikampek KM37 Cikarang Pusat Jakarta – Bandung High
37 KM Halim Perdana Kusuma International 54 KM Tanjung Priok Jakarta - Cikampek KM42 (Future)
Speed Train Station
73 KM Soekarno - Hatta International KM Patimban (Under Construction) South Jakarta – Cikampek KM 31 Interchange
Airport Seaport 100 Toll Road High Speed (Under Construction)
139 KM Kertajati International GIIC (Future)
Train
STRICTLY CONFIDENTIAL PAGE 10
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COMPANY OVERVIEW
ENTRANCE TO KOTA DELTAMAS
DIRECT ACCESS TO INTERCHANGE OF KM37
JAKARTA – CIKAMPEK TOLL ROAD
STRICTLY CONFIDENTIAL PAGE 11
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02
OPERATIONAL UPDATES
STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 12
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COMPANY OVERVIEW
DEVELOPMENT AREA AND LAND BANK
Solid Master Plan with Large Land Bank
Interchange
KM 37
Bekasi City
Master Plan of Kota Deltamas Jakarta
Tangerang
Interchange KM 42
(under construction)
Land Bank 31 March 2024 Access to other
industrial estates KCIC Station
Industrial 230 ha
Bekasi
Regency
Karawang
Gov’t Cikampek
Commercial 358 ha Bandung
Centre
Central Java
Residential 168 ha
TOTAL 756 ha
Industrial Commercial Residential
Interchange KM 31
(under construction)
STRICTLY CONFIDENTIAL PAGE 13
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COMPANY OVERVIEW
ENTRANCE TO KOTA DELTAMAS
GREENLAND INTERNATIONAL INDUSTRIAL CENTER
(GIIC) KOTA DELTAMAS
STRICTLY CONFIDENTIAL PAGE 14
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COMPANY OVERVIEW
INDUSTRIAL ESTATE
One of the Largest Industrial Estate along the Jakarta-Cikampek Toll Road
Big Tenants Area Year Greenland International Industrial Center
KITIC ~200 Ha 2009 – 2011
(“GIIC”)
Suzuki ~130 Ha 2011
• ~ 170 industrial
Hyundai Motor ~ 90 Ha 2019 - 2023 tenants, mostly
Astra Honda Motor ~ 85 Ha 2016 - 2021 Japanese industries
• Implementing
SAIC GM Wuling ~ 60 Ha 2015
integrated
Mitsubishi Motors ~ 51 Ha 2014 – 2015 management system
Kalbe ~ 37 Ha 2017 – 2018 (ISO9001, ISO14001,
ISO45001)
Maxxis ~ 35 Ha 2014
• KLIK facility (direct
Cai Niao ~ 33 Ha 2020
construction after
Frisian Flag ~ 25 Ha 2020 investment facility)
Kohler ~ 20 Ha 2017
• National Vital Object in
the industrial sector
Daikin ~ 20 Ha 2022
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COMPANY OVERVIEW
INDUSTRIAL ESTATE
Attracting a Diverse Mix of Customers across the Various Sectors
Auto and Auto Related Logistics Food & Beverage / Related Others
STRICTLY CONFIDENTIAL PAGE 16
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COMPANY OVERVIEW
INDUSTRIAL ESTATE
Key Competitive Advantages of GIIC Kota Deltamas
Strategic Location & Direct Wide Land Bank with Compehensive Facilities and Infrastructures
Access to Toll Road Flexibility in Size and
Shape
World Class Township Clean Water Waste Water
Design and Planning Treatment Plant Treatment Plant
Integrated Management System Eco-friendly / Green (Looping System Pipe)
(ISO 9001, ISO 14001, ISO 45001), Environment
KLIK facility, Obvitnas
Premium Electricity Telco & Fiber Optic
Gas Supply from PGN
Supply from PLN from Telkom, MyRep,
& Moratel
Integrated Business Model
Experienced Management Team
Nursery Center Firefighter Facilities Strong Security
System
STRICTLY CONFIDENTIAL PAGE 17
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COMPANY OVERVIEW
INDUSTRIAL ESTATE
Updates on Industrial Estate
Water Treatment
Plant
Fiber Optic Development of a new industrial zone inside GIIC
Network
Kota Deltamas, dedicated for data centers or other
12” Gas Pipe Route industries that require certain specifications
fiber optic
Premium / Priority installation
Power Supply
Cibatu
road construction
Collaboration with PLN to develop a data
center hub in GIIC Kota Deltamas
High Voltage Switching
Waste Water
Transformer Station Eco-friendly electricity supply, such as
Treatment Plant (under construction)
renewable energy certificate, is also offered
to customers
Premium / Priority Security and command center
Security and
Power Supply under construction
Command Center
Deltamas (future development)
STRICTLY CONFIDENTIAL PAGE 18
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COMPANY OVERVIEW
COMMERCIAL ESTATE
Development of Commercial Area and Public Facilities
Education Center Health Facility
Commercial Products in Kota Deltamas:
- Commercial Lots *
(for hotel, restaurant, office, showroom,
retail, gas station, supermarket, bookstore,
Entertainment and F&B
etc)
- Commercial Buildings
Hotel & Serviced Apartment
(Shophouses / Business Galleries)
Le Premier Hotel / Serviced Apartment Sport Center
- Owned and Managed by the Company
- 76 spacious modern simple-designed rooms
* under construction
Shophouses Deltamas Sport Integrated with
in Kota Deltamas Centre Local Gov’t Center
STRICTLY CONFIDENTIAL PAGE 19
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COMPANY OVERVIEW
COMMERCIAL ESTATE
Updates on Commercial Area
Richeese Factory Diamante Business Eka Hospital J Golf
Gallery (under construction)
AEON Mall
Starbucks
10 12 13
11
Cikarang Japanese Via Alma
School Apartment
13
9 4
2 3
Institut Teknologi &
Mitra Keluarga 1
Sains Bandung
Hospital 1 2
Le Premier
4 Serviced Apartment
7 8 12
5
8
5
Jakarta International
Ananda Mitra
University
Vocational School 6 3
9
10 Karawang
HSR Station
11 / Kotawana 6
7
STRICTLY CONFIDENTIAL PAGE 20
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COMPANY OVERVIEW
RESIDENTIAL ESTATE
Development of Residential Estate
• Main Products : Landed house in residential clusters
• Target Market : Middle income to high income segment
• Selling method : Built to sell - construction of each unit will commence upon down payment
• Total Units Sold : around 3,000 units
Housing in Clusters Club House Facility Swimming Pool Fitness Centre
Facility Facility
Residential Cluster Development Collaboration and Other Residential Development
STRICTLY CONFIDENTIAL PAGE 21
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COMPANY OVERVIEW
COMMERCIAL ESTATE
Updates on Residential Area
Currently on sale:
Woodchester, Savasa, De Silva
Housing in Zona Amerika
Zona Amerika
Zona Eropa
Langkawi
STRICTLY CONFIDENTIAL PAGE 22
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03
SUSTAINABLE
DEVELOPMENT
STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 23
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COMPANY OVERVIEW
SUSTAINABLE DEVELOPMENT
Best in Class Real Estate
A Home of World-class Integrated Township Concept, a Sustainable One-Stop-Living City
Industries supported Comprehensive Facilities and Utilities
Vibrant Commercial Area Green Residential Estate Factories and Offices
and more global data centers..
Schools and Hotels, Restaurants,
Universities Entertainments
STRICTLY CONFIDENTIAL PAGE 24
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COMPANY OVERVIEW
SUSTAINABLE DEVELOPMENT
Climate Change & the Environment
More High-tech Industries Selective Industrial Pedestrian & Green Area
Tenants Development, and Tree Planting
Electric Vehicle Data Centers
Manufacturing
Usage of Renewable Energy Water Management & Recycle ISO 14001 Certification
(Environmental
Management)
• Sourcing electricity from REC PLN for Water Treatment Plant
its operational activities Waste Water Treatment Plant
• Electric vehicle usage for the
Company’s operational activities HDPE Plastic
Recycle for
• Changing SON lamp on road lightning Asphalt Usage
to LED lamp
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COMPANY OVERVIEW
SUSTAINABLE DEVELOPMENT
Sustainable Community
Maintaining Health of its Residents, Supporting and Nurturing Our
Tenants, and Surrounding Communities Neighbours
Supporting Mass Vaccination Residential Fogging Sacrificial Animal Tools and Materials
Perform Land
Program Donation for Donation for Infrastructures
Cultivation for Farming
Surrounding Villages of Surrounding Villages
Blood Donor Program with PMI Additional Nutrition
Activities with Clean Water Supply Construction of Garbage
for Stunting Program
Surrounding Communities Shelters
STRICTLY CONFIDENTIAL PAGE 26
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COMPANY OVERVIEW
SUSTAINABLE DEVELOPMENT
Educational Patronage
Education for Surrounding People Vocational School Facilities in Town
Construction of SDN Cicau 1 Renovation of PAUD Arumsari
Firefighting Training Economic Empowerment & Trainings
for Local Farmer Group
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AWARDS & RECOGNITIONS
Recognitions from the Stakeholders
2021 2023 2024
The 14th IICD TEMPO TOP GRC AWARDS The Most Consistent Dividend
Corporate Governance IDNFinancials 52 Top Governance Risk & Yield in MidCap
Most Improved MidCap 2023 Compliance 2024
2023
2022
Contribution and The Winner of Property Sector
TOP GRC AWARDS Support for Resilience and in MidCap
The Most Committed Government Sustainable Industry 2024
GRC Leader Programmes at AEON
2023 Mall Deltamas
STRICTLY CONFIDENTIAL PAGE 28
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04
KEY FINANCIAL
INFORMATION
STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 29
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OPERATIONAL UPDATES
MARKETING SALES
Marketing Sales Achievement
Actual 3M 2024 Marketing Sales – Rp560 billion
31.04% of 2024 Sales Target
Marketing Sales Figures (in Rp Bn)
STRICTLY CONFIDENTIAL PAGE 30
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KEY FINANCIAL INFORMATION
Revenues by Segment Revenues by Segment
Revenues (in Rp Bn) 31 March 2023 31 March 2024
1.2% 0.7%
549 1.2% 1.4% 1.9% 0.8%
4.8% 2.2%
14.9%
2.2%
224
75.6%
93.1%
31-Mar-23 31-Mar-24 Industrial Residential
Commercial Financing component
Rental Hotel
Gross Profit (in Rp Bn) Net Profit (in Rp Bn)
500 69.6% 67.9% 80.0% 600 69.2% 80.0%
66.7%
400 60.0% 60.0%
300 373 400
40.0% 40.0%
200 366
200
100 156 20.0% 20.0%
155
0 0.0% 0 0.0%
31-Mar-23 31-Mar-24 31-Mar-23 31-Mar-24
Gross Profit Margin Net Profit Margin
STRICTLY CONFIDENTIAL PAGE 31
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KEY FINANCIAL INFORMATION
Revenues by Segment
Industrial Residential Commercial
800 100% 50 100%
100%
14 75.2%
68.3% 80% 67.1%
600 67.1% 12 64.5% 80% 40 80%
60% 10 56.6%
60% 30 60%
400 511 8 33
40% 20 40%
6 8 40%
200 4
20% 5 10 20%
20%
169 2
10
- 0% - 0%
- 0%
31 March 2023 31 March 2024 31 March 2023 31 March 2024
31 March 2023 31 March 2024
SALES in Rp Bn Gross Profit Margin SALES in Rp Bn Gross Profit Margin SALES in Rp Bn Gross Profit Margin
Hotel Rental
5 90.8% 91.8% 100.0% 8 100.0%
4 80.0% 6 80.0%
60.7%
3 4.0 60.0% 48.9% 60.0%
4
2 2.7 40.0% 4.3 40.0%
1 20.0% 2 2.7 20.0%
- 0.0% - 0.0%
31 March 2023 31 March 2024 31 March 2023 31 March 2024
Hotel in Rp Bn Gross Profit Margin Rental in Rp Bn Gross Profit Margin
STRICTLY CONFIDENTIAL PAGE 32
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KEY FINANCIAL INFORMATION
Optimum Return for Shareholders
Cash and Cash Equivalent Historical Dividend by Fiscal Year
(in Rp Bn)
1,600
1,435 5,000 250%
1,375
1,400
1,200 4,000 200%
1,027 152%
1,000
3,000 150%
113%
800 763 98% 99%
2,024
599 2,000 100%
600 1,518 48%
1,205
1,000 699 50%
400 578
200 - 0%
2019 2020 2021 2022 2023 (Interim
- Dividend)
2020 2021 2022 2023 March 2024
Dividend Dividend Payout Ratio
(in Rp Bn)
The Company currently does not have any financial loan
STRICTLY CONFIDENTIAL PAGE 33
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KEY FINANCIAL INFORMATION
Summary - Income Statement Summary - Balance Sheet
Income Statement in Rp Bn Mar 2023 Mar 2024 Balance Sheet in Rp Bn Mar 2023 Mar 2024
Revenues 224 549
ASSETS
Gross Profit 156 373
Current Assets 4,829 4,342
Selling Expenses 6 18
Non Current Assets 2,284 2,377
General and Administration Expenses 26 29
Total Assets 7,113 6,719
Final Tax 5 14
LIABILITIES
Operating Profit 118 313
Current Liabilities 802 728
Profit Before Tax 166 379
Non Current Liabilities 64 110
Total Profit for the Year 155 366
Profit for the Year Attributable to: Total Liabilities 866 838
Owners of the Company 155 366 EQUITY
Non-controlling Interests 0.13 0.25 Total Equity 6,247 5,880
STRICTLY CONFIDENTIAL PAGE 34
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THANK YOU
For Further Information:
PT Puradelta Lestari Tbk.
Marketing Office Kota Deltamas
Jl. Tol Jakarta-Cikampek KM 37
Cikarang Pusat – Bekasi 17531, Indonesia
Phone : +62 21 8997 1188
Email : investor.relations@deltamas.co.id
Website : www.deltamas.id
STRICTLY CONFIDENTIAL MACQUARIE CAPITAL// PAGE 35
Names mentioned 11 people and organisations named in the text · linked when the evidence is strong
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PT Sumber Public Corporation
p.7
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org
PT Panahome
p.7
unresolved
person
Vice
· President Director
p.8 ×2
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org
Bank Interchange KM
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