CORPORATE PRESENTATION - CREST BUILDER HOLDINGS BERHAD January 2020 - ChartNexus
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TABLE OF CONTENTS PAGE 2 Company Overview Business Overview Financial Highlights Investment Highlights Appendix
COMPANY OVERVIEW PAGE 4 About Us BUILDING THE NATION Crest Builder Holdings Berhad (“CBHB” or the “Group”) group of companies was first founded in 1983 by the late Mr. Yong Soon Chow. What started out as a small contractor business of less than 10 employees has now expanded to a strong public listed corporation with over 400 employees. Over three decades, CBHB has carved a strong foothold in the local construction and property development industry. Armed with in depth industry experience, CBHB has a proven track record – especially in commercial, residential and institutional building construction. CBHB counts top branded developers and international property players amongst its list of premier clientele. CBHB has also established itself in property development complimented by its in-house team of contruction expertise. Since being established, CBHB has a total property development portfolio bearing a gross development value of approximately RM4.8 billion. CBHB is principally an investment holding company and had undertaken a Corporate and Debt Restructuring Scheme which involved the take over of the listing status of MGR Corporation Berhad. CBHB was then transferred on the Main Board of Bursa Malaysia on 12 June 2003.
STOCK INFORMATION PAGE 5 CBH:MK Bursa Malaysia Stock Quote CRESBLD 52 Week Range 0.86 - 1.21 30 Day Average Volume 163,023 Market Cap (MYR) (mil) 147.405 Adjusted Issued Capital (mil) 166.908 Source: Bloomberg as at 27 Dec 2019 Source: Bloomberg as at 27 Dec 2019 SHAREHOLDERS SC Yong Holdings Sdn Bhd 39,91% Amanahraya Trustees Bhd 50% 4,02% Great Eastern Life Assurance (Malaysia) Bhd DBS Bank Ltd 2,73% 3,61% Others (Sources: Crest Builder 2018 Annual Report)
COMPANY OVERVIEW PAGE 6 Corporate Milestones Awarded a Awarded a RM438.3 million RM149.5 million Awarded Dang construction construction Wangi contract by Sime contract by Mega Redevelopment Declared a first and Darby Melawati Capital final single tier Project with a Development Sdn Development Sdn GDV of RM1.2 dividend of 4.5 sen Bhd Bhd per ordinary shares Transferred on billion to the Main for FYE2018 Entered into a JV Awarded a Market of Awarded LOA by Secured a 30 agreement with RM328.8 million As at 30 September Bursa Malaysia LGM for a RM63.9 million LGM in respect of construction Redevelopment 2019, outstanding construction the RM1.33 million contract by Diversified into Project with a order book stands at contract for redevelopment Perdana ParkCity Property RM285 million GDV of RM1.33 storey serviced RM1.0 billion TTDI Ascencia project Sdn Bhd Development billion apartment 1983 2011 2013 2015 2017 2019 Yong Soon 2003 2012 Awarded a LOA 2014 Secured a 2016 2018 Awa rded a RM99.6 mi llion Secured a The Greens Chow for a Proposed RM198 million cons truction contract by RM292 awarded with established JV development construction Techva nce Properties million PFI the “Best Awarded a Crest Builder project of contract from Ma na gement Sdn Bhd Project for Residential RM117.8 Sdn Bhd Kelana Jaya LRT UDA Holdings million UiTM Tapah Development” Awa rded a RM155.1 mi llion Station, with a Bhd construction by the Property cons truction contract by GDV of RM1.0 contract by Gl omac Segar Sdn Bhd Insight billion Mr. Yong Toyoma Prestigious Shang Ming Aluminium Foil Acqui red a freehold land i n Developer appointed as Packaging Sdn Ba ndar Bukit Ti nggi, Kl ang Awards the Group’s Bhd from Gemilang Waras Sdn (“PIPDA”) Bhd for RM55.0 mi llion MD Awa rded a RM316 mi llion cons truction contract by Inter Sky Development Sdn Bhd
COMPANY OVERVIEW PAGE 7 Board of Directors TENGKU DATO' SULAIMAN SHAH BIN TENGKU ABDUL JALIL SHAH Non-Executive Chairman YONG SHANG MING Managing Director Non-Independent Independent KOH HUA LAN (F) KAM YONG KAN Executive Director Independent Non-Executive Director YONG TIOK KENG (F) LIM BOON TENG Alternate Director to Koh Hua Lan Independent Non-Executive Director MOHD KHASAN BIN AHMAD Independent Non-Executive Director
BUSINESS OVERVIEW PAGE 9 Core Revenue Pillars 1 2 3 4 PROPERTY PROPERTY CONCESSION CONSTRUCTION DEVELOPMENT INVESTMENT & ARRANGEMENT MANAGEMENT The Group construction sector is the CBHB diversified into property CBHB holds a small portfolio of In 2010, CBHB entered into a 23 year primary business stable which was development in 2003 with is first properties under its investment concession arrangement with the established in 1983 under its wholly- commercial development project, 3 portfolio – namely, The Crest Office Ministry of Education and Universiti owned subsidiary Crest Builder S/B. Two Square. Officer Tower and Tierra Crest which Teknologi Mara (UiTM) to build and are generating a favourable recurring maintain a campus in Perak. CBHB construction business focuses Today, the Group remains focused on income stream for the Group. on: all fronts choosing to bring its Crest Builder Sdn Bhd holds a 51% experience and expertise from its highly CBHB also is engaged in carpark stake while Detik Utuh Sdn Bhd holds ▪ Design, construction, completion successful construction division into management where CBHB has the a 49% stake. and maintenance work for various property development and add capability to provide a comprehensive infrastructure construction synergistic value. service from detailed technical support, design, construction and ▪ Construction work for educational The Group has a property development operation of the site. facilities and/or institutions portfolio worth approximately RM4.8 billion in gross development value. ▪ Construction work for hospitals ▪ Infrastructure and construction work for hotels, commercial and residential buildings
BUSINESS OVERVIEW PAGE 10 1. Construction: Completed Portfolio Highlights (1/3) KLIA Apron Northshore The Meritz Verticas Residensi Menara Bank Islam Setia Sky Residences Tower Gardens Kuala Lumpur Kuala Lumpur Kuala Lumpur Kuala Lumpur Kuala Lumpur
BUSINESS OVERVIEW PAGE 11 1. Construction: Completed Portfolio Highlights (2/3) Gateway Kiaramas The Residence TWINS Ampang Puteri Damansara TTDI Ascensia Kuala Lumpur Kuala Lumpur Kuala Lumpur Specialist Hospital Specialist Hospital Residence Kuala Lumpur Selangor
BUSINESS OVERVIEW PAGE 12 1. Construction: Completed Portfolio Highlights (3/3) Amcorp Service Suites Menara Binjal Menara Celcom Tower Anggun Residensi DBKL Carpark Petaling Jaya Worldwide Service Hijaun Kuala Lumpur Apartment
BUSINESS OVERVIEW PAGE 13 1. Construction : Current On-Going Projects Outstanding Date of 2016 2017 2018 2019 2020 2021 2022 2023 Contract Date of Balance Client Projects Completio Value Commencement Value n (RM'mil) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 (RM'mil) Sime Darby Melawati Quarza Mall July 2016 July 2019 438.3 39.2 Development Sdn Bhd Intan Sekitar Sdn Bhd Latitud8, Dang Wangi Dec 2016 Dec 2022 350.0 342.1 Mega Capital Capri Hotel Jan 2018 Apr 2021 149.5 119.0 Development Sdn Bhd Perdana ParkCity Sdn South Brooks Feb 2018 Nov 2020 328.8 166.1 Bhd Worldwide Rumah Selangorku Feb 2018 June 2020 29.8 28.5 Toyoma Aluminium Foil Convention Centre Apr 2018 Aug 2020 117.8 86.7 Packaging Sdn Bhd Techvance Properties Techvance Hotel Feb 2019 May 2021 99.6 96.5 Management Sdn Bhd Glomac Segar Sdn Bhd Plaza KJ Residence Nov 2019 Nov 2021 155.1 155.1 Inter Sky Development 99 Residence July 2020 May 2023 316.0 316.0 Sdn Bhd Development TOTAL 1,984.9 1,349.2 We are here
BUSINESS OVERVIEW PAGE 14 1. Construction: Progress of Quarza Mall 1. Quarza Mall ▪ Construction of a mixed development project located at PT9344, Seksyen 1, KL East, Sub District of Setapak, Kuala Lumpur ▪ 2 towers of 37-storey serviced apartments, a 6-storey carpark podium, recreational floor, 4 storeys of commercial and 1 level of basement parking ▪ Contract value of RM438.3 million ▪ Overall Completion 100%, CPC obtained in September 2019
BUSINESS OVERVIEW PAGE 15 1. Construction: Progress of Capri Hotel 3. Capri Hotel ▪ The Project is located on Lot 790, 791, 792 & 793, Jalan Imbi Seksyen 67, Kuala Lumpur which consists of: ▪ A total of forty-four (44) storeys with two (2) storeys of basement ▪ Three hundred and seventy-one (371) rooms ▪ Two (2) storeys of lobby and service areas ▪ Four (4) storeys of mechanical and worker areas ▪ Thirty-four (34) storeys of hotel rooms ▪ Six (6) storeys of recreation areas including a mezzanine floor ▪ One (1) storey of mechanical lift area ▪ Mechanical multi-level car park area ▪ Contract value of RM149.5 million
BUSINESS OVERVIEW PAGE 16 1. Construction: Progress of South Brooks 4. South Brooks ▪ The Project is located on lot 64577, Jalan Daun Inai 20, Desa ParkCity, which consist of two (2) blocks of residential apartments which are forty (40) storeys tall with a total of 920 units, block A with 460 units and Block B with 460 units, together with one block of car park of 8 storeys with facilities. ▪ Contract value of RM328.8 million
BUSINESS OVERVIEW PAGE 17 1. Construction: Progress of Rumah Selangorku 5. Rumah Selangorku ▪ Consists of 118 units of type-C residences and 50 units of type-D residences ▪ Contract value of RM29.8 million
BUSINESS OVERVIEW PAGE 18 1. Construction: Progress of Toyoma 6. Toyoma ▪ Convention Centre that consists of an office on level 6 with a car park on the roof top of lot 8 (PN 3923) and lot 9 (PN 3924) which is located at No. 15 and No. 17, Jalan 19/1, Seksyen 19, Mukim Bandar Petaling, Daerah Petaling, Selangor Darul Ehsan. ▪ Contract value of RM117.8 million
BUSINESS OVERVIEW PAGE 19 1. Construction: Progress of Techvance Hotel 7. Techvance Hotel ▪ Consists of 26 floors hotel and serviced residences ▪ Contract value of RM99.6 million ▪ Stage 1: 100% ; Stage 2: starting in December 2019
BUSINESS OVERVIEW PAGE 20 1. Construction: Progress of Plaza @ Kelana Jaya Residences 8. Glomac – Plaza @ Kelana Jaya ▪ Consists of 2 block of services residences; 25 floors of SOHO ▪ Contract value of RM155.1 million
BUSINESS OVERVIEW PAGE 21 1. Construction: Progress of 99 Residence 9. JL9 Group - 99 Residence ▪ Comprises of 4 blocks of 55 storey service apartments (1,421 units) as well as the podium car parks and facility floors. ▪ Contract value of RM316.0 million
BUSINESS OVERVIEW PAGE 22 2. Property Development: Shah Alam Development Location TOTAL LAND AREA : 26 ACRES
BUSINESS OVERVIEW PAGE 23 2. Property Development: Batu 3 Shah Alam Projects GDV Breakdown Alam Prima GDV RM65mil (Completed) The Green @ Subang West Alam Idaman GDV RM108mil GDV RM391mil (Completed) (Completed) Avenue Crest GDV RM162mil (Completed) Alam Sanjung GDV RM328mil (Completed) Total GDV exceeded RM 1 billion
BUSINESS OVERVIEW PAGE 24 2. Property Development: Alam Sanjung Shah Alam (Completed) ▪ Residential developmental project comprise of 600 units of serviced apartments, SOHO units and retail units ▪ Total GDV of RM328 million is made up of the following: ✔ Launched 600 units of serviced apartments with a GDV of RM260 million ✔ On-going launches of SOHO units and retail units with GDV of RM68 million ▪ Selling price average at RM620 p.s.f
BUSINESS OVERVIEW PAGE 25 2. Property Development : The Greens @ Subang West (Completed) ▪ Residential Development comprising of 2 towers of medium cost apartments totalling 646 units. This project phase has the biggest land size of the 7 acres compared to the other Shah Alam projects ▪ Gross Development Value of RM 391 million ▪ Selling price at RM 600 p.s.f ▪ Completion date : End of 2018
BUSINESS OVERVIEW PAGE 26 2. Property Development: Latitud8 @ Jalan Ampang ▪ Mixed Commercial development on top of the Dang Wangi LRT Station; featuring a lifestyle retail podium with business centre and convention facilities on its highest floor, open office spaces, SOFO suites, SOHO residences, SOHO duplexes as well as a rooftop lounge and bar ▪ GDV of approximately RM1.2 billion ▪ JV partner PRASARANA will receive payment of 21.2% of the total GDV by way of a combination of cash payment and payment in kind (completed units) ▪ Physical works commenced in September 2014 and superstructure works commenced in 2016 ▪ Design changed due to PRASARANA’s new requirements; targeted to resume 2H19 ▪ The Project has been soft launched in Hong Kong and China with booking rate of 30%
BUSINESS OVERVIEW PAGE 27 2. Property Development : Kelana Jaya LRT Redevelopment ▪ Proposed JV mixed development project of the Kelana Jaya LRT Station on 4.95 acres of land ▪ Comprise of a 6 level podium will comprise of retail units, serviced residential suites and offices ▪ GDV of approximately RM1.0 billion ▪ Under the Salient Terms of the LOA - Prasarana shall be entitled to 24.8% of the total GDV ▪ Land rezoning is currently in progress
BUSINESS OVERVIEW PAGE 28 2. Property Development : On-Going Projects Project Location Development Target Launch Date GDV (RM) Latitud 8, Dang Retail, SOFO Suites and office Jalan Ampang Q3 2020 1.1 billion Wangi suites Kelana Jaya LRT Retail, office suties and Kelana Jaya 2021 1.0 billion Redevelopment residential TOTAL 2.1 billion
BUSINESS OVERVIEW PAGE 29 3. Property Investment: The Crest THE CREST ▪ Commercial development with 16 storey Corporate Tower and 1,500 car parks ▪ Corporate HQ of CBHB ▪ Renovation in progress Value (RM) Occupancy NLA Rental Rate Rental Rental rate Rate (Sq. Ft.) (RM p.s.f) Yield RM 122 mil 35% 144,835* 4.10** 6.6% RM8.0 mil *NLA excluding car park lots **Indicates current average rental rate
BUSINESS OVERVIEW PAGE 30 3. Property Investment: Tierra Crest TIERRA CREST TIERRA CREST ▪ UNITAR is the main achor tenant taking up approximately 85% of the total lettable area ▪ Tenancy agreement is for (3 + 3 + 3 ) years ▪ Located in Kelana Jaya with access to and from all major highways such as the NKVE, LDP and the Federal Highway ▪ The 17-storey multi-commercial building consist of 2 office towers and 3-level retail podium Value (RM) Occupancy NLA Rental Rate Rental Rental rate Rate (Sq. Ft.) (RM p.s.f) Yield RM 158 mil 85% 285,000 3.00* 5.7% RM9.0 mil *Rental rate is applicable to office units only
BUSINESS OVERVIEW PAGE 31 4. Concession Arrangement : UiTM Tapah 2 Branch Campus ▪ 23 year concession agreement with the Ministry of Education and Universti Teknologi Mara (UiTM). ▪ UniTapah is a 51: 49 equity company between Crest Builder S/B and Detik Utuh S/B, formed to undertake this project. ▪ Concessionaire : UniTapah Sdn Bhd ▪ Contract Date : 19 January 2011 ▪ Completion Date : 18 January 2014 ▪ End of Concession : 18 January 2034 ▪ Contract Sum : RM292 million ▪ Annual Concession Income : RM 43.5 million
BUSINESS OVERVIEW PAGE 32 5. Freehold Land : Bandar Bukit Tinggi, Klang For Project Development at Bandar Bukit Tinggi, Klang Inked a sale and purchase agreement with Gemilang Waras Sdn. Bhd., a subsidiary of WCT Land Sdn Bhd, for the acquisition of a freehold land in Klang for RM55.0 million. The Group intends to develop the land into a mixed development of 3 blocks of residential serviced apartments and commercial shop lots. Land Area 6.5 acres / 2.6 hectares Land Type Freehold, Commercial Market Value RM57.0 million (as at 25 Sept 2019) Features Prime and strategic location, situated between AEON Bukit Tinggi and TESCO Extra Klang, with Giant Hypermarket and GM Wholesale city Walking distance to 2 LRT3 stations namely AEON Bukit Tinggi and Tesco Bukit Tinggi of which both will be ready in year 2024 Located near 6 schools, college and university namely SK Bukit Tinggi, SJK (C) Hin Hua, SMK Bukit Tinggi, SK Taman Klang Jaya, Wawasan Open University and Terra College. Estimated GDV RM500m
PAGE 33 FINANCIAL HIGHLIGHTS
FINANCIAL HIGHLIGHTS PAGE 34 Key Financial Ratios For Q3FY2019 RM 3.4M Profit after Tax 3.89x RM 85.5M Construction Revenue Order Book Cover Ratio** RM 511.9M Total Equity RM 1,461.0M RM 949.1M Total Asset Total Liabilities 1.47x Current Ratio 4.48x 4.95% PE Ratio* Dividend Yield* *Based on share price as at 27 Nov 2019 of RM 0.91 **Based on FY18 Construction revenue of RM268.66 million
FINANCIAL HIGHLIGHTS PAGE 35 Financial Performance (Annual) Revenue (RM’mil) Gross Profit (RM’mil) 700,00 200,00 50,00% 40,14% 600,00 34,73% 40,00% 150,00 30,08% 500,00 29,56% 23,15% 30,00% 400,00 100,00 18,59% 300,00 20,00% 200,00 50,00 10,00% 100,00 62,38 112,39 98,02 115,34 176,03 69,23 207,39 280,01 282,20 498,98 595,41 372,42 0,00 0,00% 0,00 FY14 FY15 FY16 FY17 FY18 9MFY19 FY14 FY15 FY16 FY17 FY18 9MFY19 Gross Profit GP Margin Profit Before Tax (RM’mil) Profit After Tax (RM’mil) 120,00 20,00% 80,00 12,13% 14,00% 16,51% 100,00 14,49% 70,00 12,00% 15,00% 60,00 9,63% 80,00 10,00% 9,67% 50,00 9,18% 8,95% 6,10% 8,00% 60,00 10,00% 40,00 5,31% 4,99% 6,80% 4,29% 6,00% 40,00 30,00 5,00% 20,00 4,00% 20,00 10,00 2,00% 30,05 27,08 25,92 44,60 98,28 25,30 19,98 12,00 14,99 30,38 72,22 18,57 0,00 0,00% 0,00 0,00% FY14 FY15 FY16 FY17 FY18 9MFY19 FY14 FY15 FY16 FY17 FY18 9MFY19 Profit Before Tax PBT Margin Profit After Profit PAT Margin
FINANCIAL HIGHLIGHTS PAGE 36 Financial Performance (Quarterly) Revenue (RM’mil) Gross Profit (RM’mil) 200,00 70 35,98% 35,10% 40,00% 60 35,00% 150,00 50 23,75% 30,00% 25,00% 40 16,67% 100,00 15,70% 20,00% 30 15,00% 20 10,00% 50,00 10 5,00% 177,06 142,80 163,82 123,11 85,50 63,71 50,12 25,74 29,24 14,25 0,00 0 0,00% Q3FYE18 Q4FYE18 Q1FYE19 Q2FYE19 Q3FYE19 Q3FYE18 Q4FYE18 Q1FYE19 Q2FYE19 Q3FYE19 Gross Profit GP Margin Profit Before Tax (RM’mil) Profit After Tax (RM’mil) 50 25,41% 30,00% 40,00 25,00% 25,00% 35,00 19,37% 40 20,00% 30,00 16,03% 20,00% 25,00 30 11,97% 15,00% 15,00% 20,00 10,20% 20 15,00 6,41% 10,00% 6,72% 10,00% 0,34% 10,00 3,81% 3,94% 10 5,00% 5,00% 44,99 22,90 16,74 8,26 0,30 5,00 34,30 17,09 10,51 4,70 3,37 0 0,00% 0,00 0,00% Q3FYE18 Q4FYE18 Q1FYE19 Q2FYE19 Q3FYE19 Q3FYE18 Q4FYE18 Q1FYE19 Q2FYE19 Q3FYE19 Profit Before Tax PBT Margin Profit After Profit PAT Margin
FINANCIAL HIGHLIGHTS PAGE 37 Segmental Breakdown 9MFY19 Revenue (RM' mil) 9MFY18 Revenue (RM' mil) Property Investment Development Holdings 62,45 7,32 17% Property Construction 2% 268,66 Development Construction 72% 194,83 211,33 43% 47% Concession Arrangement 33,99 9% Investment Holdings 11,90 Concession 2% Arrangement 34,60 8%
FINANCIAL HIGHLIGHTS PAGE 38 Balance Sheet RM’ 000 As at 31 December 2018 As at 30 September 2019 Non-current assets: Investment properties 299,328 299,328 Operating Financial Asset 299,337 289,960 Other non-current assets 83,299 82,054 Total non-current assets 681,964 671,342 Current assets: Property Development cost 295,647 294,498 Trade and other receivables 209,290 241,389 Inventories 21,467 23,047 Fixed deposits placed with licensed banks 78,279 67,771 Cash and bank balances 21,641 29,828 Other current assets 165,295 133,169 Total current assets 791,619 789,702 Total Assets 1,473,583 1,461,044 Total Equity 505,024 511,891 Non-current liabilities : Borrowings 395,343 374,093 Other non-current liabilities 35,455 37,525 Total non-current liabilities 430,798 411,618 Current Liabilities: Borrowings 162,996 179,571 Trade payable 358,522 342,793 Other current liabilities 16,243 15,171 Total current liabilities 537,761 537,535 Total Liabilities 968,559 949,153 Net Assets Per Share (sen) 2.87 2.95
PAGE 39 INVESTMENT HIGHLIGHTS
INVESTMENT HIGHLIGHTS PAGE 40 Future Prospects ✔ Track record have achieved success rates of tender conferment of 15-20% SUSTAINABLE ✔ Strategic partnerships with Bumiputra contractors accords easier access to ORDERBOOK Government-linked jobs ✔ Proven track record for high quality product and enables the group to secure more projects from the retaining clients ✔ Proven & successful business model of identifying land in matured neighbourhoods PROFITABLE /pocket land for developments with quick turn-around time PROPERTY ✔ Strong project portfolio and good take up rates DEVELOPMENTS ✔ Strong and healthy project pipeline ✔ Focus on land government privatisation, strong advocate and land swap scheme with government ✔ Privatisation and infrastructure projects HIGH MARGIN ✔ Dang Wangi LRT Redevelopment Project – the Company’s first billion-ringgit project PRIVATE PROJECTS/ ✔ Kelana LRT Redevelopment Project TOD DEVELOPER
PAGE 41 APPENDIX
APPENDIX PAGE 42 Board of Directors Profile TENGKU DATO' SULAIMAN SHAH BIN TENGKU ABDUL JALIL SHAH Non-Executive Chairman • 21 years experience in construction and various industries • Awarded titles such as “Dato Di Raja Selangor”, “Orang Besar Istana”, Tengku Setia, “Dato Sultan Sharafuddin Idris Shah” KOH HUA LAN YONG SHANG MING Executive Director Managing Director • Co Founder of Crest Builder Sdn Bhd • Graduated from City University , London with a Honours • 21 years experience in financial and administration Degree in Civil Engineering management • Responsible for project procurement and implementation, • Responsible for administration, human resource, and business development ventures, project planning, management support services development and marketing operations LIM BOON TENG YONG TIOK KENG Independent Non-Executive Director Executive Director • was an audit partner of Deloitte Malaysia and EY China • Graduate from London School of Economics with a B.Sc in • A member of Malaysian Institute of Accountants and member of Accounting & Finance Malaysian Institute of Certified Public Accountants • 14 years of experience in accounting and finance • Graduated from Universiti Malaya with a Degree in Accounting in 1996 • Responsible for corporate affairs and financial policies KAM YONG KAN MOHD KHASAN BIN AHMAD Independent Non-Executive Director Independent Non-Executive Director • 26 years experience in audit, finance, corporate finance, tax • Member of Malaysian Institute of Accountants and treasury functions in property related industries • Experience in the Capital Markets
APPENDIX PAGE 43 Awards / Recognition YEAR AWARDS & CERTIFICATION The Malaysia Construction Industry Excellence Award Project 2006 Award 2007 DOSH 100% Accident Free Award • World Quality Commitment International Gold Star Award 2008 • The Malaysia Construction Industry Excellence Award Project Award Menara Binjai - Cityscape Awards for Emerging Markets 2012 for 2012 the Best Sustainable Development Award (Built) The Greens awarded with the “Best Residential Development” 2017 by the Property Insight Prestigious Developer Awards (“PIPDA”)
DISCLAIMER PAGE 44 Information contained in our presentation is intended solely for your personal reference and is strictly confidential, it is not intended to form the basis of any investment decision or any decision to purchase any securities or any decision to participate in the process. It does not constitute an offer or an invitation or solicitation for or advice of an offer; to subscribe or to purchase any securities. Such information is subject to change from time to time without notice and it may not contain all material information concerning Crest Builder Holdings Berhad (“CBHB” or the “Group”). Neither we nor our employees, our advisors or our agents make any representation or warranty, express or implied regarding the information, and assumes no responsibility for, the accuracy or completeness of, or any other oral or written information made available to any interested recipient or its advisors anytime during this process. Liability, if any, is accordingly expressly disclaimed even if any loss or damage is caused by any act, errors or omission on the part of the aforesaid, whether negligent or otherwise. In addition, the information contains projections and forward-looking statements that reflect the Group’s current views with respect of future events and financial performance. These views are based on current assumptions which are subject to various risks and which may change over time. No assurance can be given that future events will occur, that projections will be achieved, or that the Group’s assumptions are correct. Actual results may differ materially from those projected. Accordingly, interested parties are advised to carry out their own due diligence, investigations, analysis of any information contained or referred to herein or made available at any stage in this process. That the information contained in Presentation is true and accurate in all material respects and is not misleading as at the date hereof, that the opinions and the intentions of the Group expressed herein are honestly held, and that there are no other facts the omission of which would make this Presentation as a whole or any information herein or expression of any such opinions or intentions misleading.
PAGE 45 THANK YOU For more information please log on to : CREST BUILDER HOLDINGS BERHAD www.crestbuilder.com.my PR & IR Contact : Imej Jiwa Communications Sdn Bhd email: rita@imejjiwa.com
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