CORPORATE UPDATE PT MNC Investama Tbk November 2019 - Listed & traded on the Indonesia Stock Exchange (IDX) IDX Ticker Code: BHIT - MNC Group
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CORPORATE UPDATE
PT MNC Investama Tbk
November 2019
Listed & traded on the Indonesia Stock Exchange (IDX)
IDX Ticker Code: BHIT www.mncgroup.com
Disclaimer
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complete or comprehensive analysis of the condition (financial or other), earnings, business affairs, business prospects, properties or results
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In addition, the information contained in this presentation contains projections and forward-looking statements that reflect the company's
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2
1. Corporate Overview
2. Media
3. Financial Services
4. Lifestyle Property, Hospitality
& Entertainment
MNC Investama Key Investment Highlights
☑ Indonesia has a strong economic growth with GDP over $1trillion and rising middle class.
☑ The three businesses (Media, Financial Services and Lifestyle Property) are positively correlated with
Indonesia’s large growing population with a majority of young people.
☑ Benefiting from the Group’s integrated Media position being the largest in South East Asia in FTA
television, content, social media and news portal.
MNC Financial
MNC Media MNC Land
Services
Content & Advertising Based Media
☑ Four National Free To Air TV with the largest audience share of
☑ Integrated financial ☑ Huge landbank in strategic
services group with location to be developed as
40% and ad-spend share of 45%. Launched its streaming (OTT)
full licenses from lifestyle property, hospitality and
service called RCTI+.
banking, consumer entertainment in Lido.
☑ Strong growth in digital advertising revenue and Non Time
Consuming Ads (NTC Ads).
finance, leasing, life ☑ Owning a few hotels, including
and general Westin Resort Bali, and close to
☑ The Largest Library with more than 300K hours, with the largest
insurance, securities,
content production of 23K hours yearly, supported by state-of- 400,000sqm GFA office space.
the-art studio technology & facilities.
asset management ☑ Currently developing iconic
and fintech. projects, including:
☑ The Largest Talent Management with close to 400 talents under
management. • Park Hyatt Jakarta.
☑ Granted MCN (Multi Channel Network) license by YouTube and
☑ Strong synergies • Trump International Resorts
within MNC Group in Lido and Bali.
generating the largest number of views with more than 2.5 billion
views monthly from its own content (excluding 3rd parties content).
ecosystem Including • The Only International
cross selling and Standard Themepark with its
☑ Owning the largest sites called Okezone (#1 above Google #2)
cross promotion.
and Sindonews (#6) based on Alexa measurement. Okezone has facilities
more than 19 million UV daily and is ranked #27 globally. ☑ The assets book value, including
☑ In the process of the landbank is well below the
expanding into market value.
Subscription Based Media & Broadband digital financial ☑ Expanding into co-working, co-
☑ #1 market position in Pay TV with more than 16 exclusive in-house channels service products. living and co-retail business.
and thousands of VOD.
☑ The most integrated Pay TV Group offering premium DTH service (S-Band),
reguler DTH service (KU-Band), IPTV, Broadband and OTT services.
4
Corporate Structure
1. Corporate Overview
2. Media
3. Financial Services
4. Lifestyle Property, Hospitality
& Entertainment
Macro Drivers Support Industry Growth
Population & Real GDP (US$) (2018) * What are the macro drivers?
300
1,148,253 * In Millions • A large & young population, 226mn
250 people below age of 54; growing by 3
265 to 4 Million people every year for the
200
next 15 years
150 323,680
186,326 437,515 383,304 • A rising middle class group will grow
100 319,915 the advertising expenditure in line
95 with GDP growth
50
107 69 32
6 • A stronger growth will be driven by
0
more robust private investment
Indonesia Philippines Vietnam Thailand Malaysia Singapore
activities and acceleration of
Population US$ Real GDP infrastructure development
Indonesia Growth of Real GDP (%) A Young Population (2018)
5.5 5.5 5.5 5.5 43%
5.3
5 4.9 5 5.1 27% 17%
8%
6%
2014 2015 2016 2017 2018 2019 2020 2021 2022 0 - 14 15 - 24 25 - 54 55 - 64 65+
Source : Indonesian bureau of statistic 2019 report
7
PT Global Mediacom Tbk (MNC Media) Corporate Structure
Global Mediacom Tbk
Content and Advertising Based Media Subscription Based Media & Broadband Online Media
68%
PT Media Nusantara Citra Tbk PT MNC Vision Networks Tbk
“MNCN“ “IPTV”
8
The Largest Fully Integrated Media Company in Southeast Asia
PUBLIC
64% 36%
FREE-TO-AIR TV CONTENT DIGITAL
ENTERTAINMENT PRODUCTION (Short – Mid – Long Form) • RCTI +
• Digital content
(original content,
library)
• MCN
CONTENT LIBRARY TALENT MANAGEMENT • News portal
Entertainment FTA focusing
on family audience • Digital broadcast
• Radio Aggregator Apps
INFORMATION & SPORTS
• User Generated
Content library contains The biggest talent management Content (UGC)
more than 300,000 hours and company in Indonesia with
increasing by more than more than 380 talents under
Largest news TV and
23,000 hours per year exclusive contract
provide news programs to
the Group’s 3
entertainment FTA 9
Indonesia Advertising Market Share
• Given the infrastructure constraint, TV is the only medium to reach a mass audience.
• TV advertising is expected to maintain a dominant market share
• A more stable economic growth will boost ad spend, TV advertising should trend at a
5% CAGR between 2017-22
• 94% smartphone penetration among online users, grew from 40% in 2013.
2018 Indonesia Advertising – By Media (in Rp Mill)
Radio, 2%
Print, 16% 40,000,000
OOH, 2% 35,000,000
Internet, 30,000,000
16%
TV, 64% 25,000,000
20,000,000
2022
Print,
15,000,000
Radio,
10% 1%
10,000,000
OOH, 2%
5,000,000
Internet,
25% -
TV, 62% 2015 2016 2017 2018 2019 2020 2021 2022
TV Internet Print & Related Other 10
Source : MPA 2018 report, adjustedThe Largest Audience Share & FTA TV Advertising Market Share
MNCN Audience Share 2008 – 2019*
39.4
41.3
36.7 37.2 44.8 38.4
35.3 36.4 35.1 • MNCN continues to produce top
29.1 drama series and talent search
programs successfully fulfilled
demand on high quality
Indonesian culture-based
entertainment
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019* Source : Nielsen Prime Time September 2019
Indonesia Advertising Market Share
43 43 45 • MNC Group dominates Advertising
39 40
37 market share amongst all FTA TV
28 28
Stations in the nation
26 24 26 25
18 17
• Content is the only way to capture
15 15 15
14 14 14 12 12 10 10
audience share and monetize
4 4 4 4 4 4 advertising dollars
0 0 1 1 1 1
• MNC sells different forms of
2014 2015 2016 2017 2018 1H-2019 advertising from filler TVC, built-in,
virtual ads, mobile ads and other
MNC Group Emtek Group Trans Corp Viva Group Metro TVRI
creative ads
11TV Advertising Revenue
• Conventional TVC (15” and
30”) during commercial break
• Creative ads/ Non Time
Consuming ads (Built-in,
Virtual Ads, Squeeze Frame,
etc)
Conventional TVC Build-In Advertising
• Equity Link (Air time and
Content Library)
• Localized RTX* & Geo-tagging
TVC*
• Digital Ads : Digital Broadcast,
Social Media (including Virtual Advertising Squeezed Frame Advertising
on Drama Series (TOP)
original content), Online
Portal, UGC, MCN, RCTI+)
*will be launched soon
12Content Revenue
CONTENT PRODUCTION CONTENT LIBRARY LICENSING
(group & non-group) (FTA, DTH Pay TV, IPTV, Mobile/Streaming, OTT)
Short, Mid, and Long Form
• Content produced in-house include Drama, Talent • Produces• more than 23,000
Produces • 90%+
around 23,000 hoursofofpay Channelannually.
content content is
hours of• content
Owns annually.
more than 300,000sourced
hoursfrom the library
of content &
library
Search, Animation, Sitcom, Movie, Reality, • Owns more than 300,000 hours original content produced in-
Infotainment, Variety, Talk Show, News. with breakdown of 60% non
of content library with
News and 40% News
house.
breakdown of content.
60% non News • Owns 16 Pay Channels with
and 40% News content. various genres.
Drama Series* 41%
Drama, Talent Search, Animation,more than 80%
Talent Search*
Sitcom, Movie
80% Infotainment 32%
LOCAL
CONTENT Reality Program 33%
95% IN-HOUSE Local Animation more than 80%
PRODUCE • Generating highest revenue per one hour broadcast
13The Largest Content Producer and Library Owner
CONTENT
TALENT
DRAMA ANIMATION SITCOM REALITY INFOTAINMENT TALK SHOW NEWS VARIETY
SEARCH
14The Best Talent Search Program
15Drama Series Production – Indonesia Market Share
Cakrawala
3% Others
8%
Tobali
5%
Verona
6%
Mega Kreasi
41%
13%
Sinemart
24% Source: Actual On-Air, Internal Research
8M 2019.
MNC Pictures Sinemart Mega Kreasi Verona Tobali Cakrawala Others
16Star Media Nusantara: Talent Management
• The biggest talent management company in Indonesia with more than 380 talents with various
background under exclusive contract (5 years + 5 years).
• The Company manages national talent to perform in TV shows (group or non group), radios, off air
events and OOH/TV commercial.
• There is a revenue split between talent and the Company for all bookings, including endorsements
on their respective social media platforms.
17Digital Mobile/ Online Advertising Revenue
• Digital Broadcast
• Social Media (Library & original content, etc)
• Library/channel licensing to digital platform
• Online portal, UGC, MCN
• RCTI+
18Digital Broadcast
Second Screen Quiz Interactive Second Screen Activity Second Screen Live Chat
Digital quiz interactive where user can answer Brand activation on RCTI Mobile where users Users can access live streaming on RCTI
al the questions on TV via RCTI Mobile. The can send their comments and upload their Mobile as well as having interactive with
questions will be appeared in a form of photos which inline with brand campaign another user using chat feature
template with 110 sec. The questions consist
of product knowledge from brand and
program
Banner Random Pre Roll
A small picture TVC with 15 sec
on top of page duration. Pre roll
with landing Native Ads will appear before
page the video content
Bigger than banner,
native ads are in
the middle of the
page. Brand can put
their landing page
on native ads
19Most watched Indonesia YouTube content
comes from our short clips drama series
Source of Revenue from Youtube 1
20Number One YouTube TV Views & Subscribers in Indonesia
MNC Media vs Competitors MNC Media vs Competitors
VIEWS (IN BILLION) Subscribers
Kompas
21.1 5,376,460
VIVA Group
10,290,215
EMTK Group MNC Group
10.8 10.3 17,588,680
8.6 51,492,936
NET
3 2.8 21,643,010
Trans Corp
25,001,580
MNC Trans NET EMTK Kompas VIVA
Group Corp Group Group
Including twitter, FB, IG, the total subscribers reach over 92 million, the largest
Source : MNC Research, as per October 2019 in South East Asia
MNCN Nationwide Youtube 5.48% 2.33% 3.43%
market share:
Note: Data for Youtube Indonesia
Views Subscriber Video Upload 21Maximize Brand’s Presence Through Engaging
WebSeries Ads
Source of Revenue from Youtube 2
22Star Hits – Leading Digital Network
Source of Revenue from Youtube 3
MCN (August - October):
• Star Hits is a digital network that develops content creators, talent or influencers, to
• 15mn subscribers cooperate with the brand and to create the ecosystem that are connected in the content.
• 1.97bn views • Owns various channels under star hits family brand, which focuses on various different
MCN + Non – MCN
genres.
(Jan – Oct 2019) • Currently, Star Hits also coordinates all of MNC Group’s channels in all social media.
• 51.5mn subscribers • Star Hits has received MCN (Multi-Channel Network) license from Youtube in July 2019.
• 22.1bn views
23MNC Group “News Portal” rank #1 and #6 in Indonesia
ALEXA RANKS
Top Indonesian Sites
*Update Aug 30, 2019
Note : For News portal, Okezone.com is ranked #1 (19mn daily UV) and Sindonews.com #4
24Welcome to RCTI+ Mobile Apps
• A spectacular extension of RCTI, MNCTV, GTV, and
iNews FTA TV which is available for free via Apps (iOS
& Android).
• MNC is digitally all in!
Excellent
• Single & Multi Camera Views for Streaming
Live
• Catch up TV
Streaming
• FTA Programs - Current and Library
• Extended Content –Rejuvenated Library
Content, Fresh Extended Content, and FTA
Creative Unaired Content (bloopers and behind the
Content scene)
• Creative Contents: Quiz, Reward system, Original
short & mid form content, Audition, News clips,
Radio, etc
• Content Partners - (SMN & Third Party Partners)
2526
PT MNC Vision Networks Tbk - The Most Integrated Subscription
Platform with Content Superiority
PUBLIC
PT MNC Vision Networks Tbk (IPTV)
90%* 10%*
97.55% 60% 99.99% 99.90%
PT MNC Sky Vision Tbk PT Digital Vision Nusantara PT MNC Kabel Mediakom PT MNC OTT Network
DTH post-paid Pay TV DTH pre-paid Pay TV Broadband and IPTV OTT service provider – TV Anywhere
• Provides DTH-based post • Captures mass market • Provides high speed FTTH • TV anywhere for MNC
paid Pay TV services in segment with low-priced broadband and interactive Vision, MNC Play, and K-
Indonesia, targeting mid – prepaid Pay TV service. IPTV services. Vision subs.
high market segment.
• K-Vision controls 3,000+ • 3rd largest broadband and • MNC Now has over 15 mio
• Over 90% market share dealership across the IPTV operator in four years MAU.
with 2.4m subscribers. nation. since inception.
• Provides various features,
• DTH S-band (2,520 – 2,670 • DTH KU-Band for cost • Presence in 9 Cities. such as linear channel
Ghz) for extensive efficient services. viewing, catch up TV,
• 1.5 mio home pass with
nationwide coverage. library, VOD, and many
• Acquires 5,000 new close to 300,000 subs.
• Hidden treasure: 5G & LTE subscribers on a daily basis more.
spectrum. and currently sitting with 1 • Focus on original content,
mio subscribers. both short and mid form.
*excluding exercise of warrant 271. Corporate Overview
2. Media
3. Financial Services
4. Lifestyle Property, Hospitality
& EntertainmentPT MNC Kapital Indonesia Tbk (MNC Financial Services)
Corporate Structure
29Revenue Contribution
•
•
•
•
•
•
30Being part of a leading business group in Indonesia
provides significant synergy potential
• Leading business group with media, lifestyle • Key synergy potential
property and financial services businesses
1 Large customer base across MNC Group businesses
The largest and most integrated media group in
SEA 2 Wide distribution network and consumer reach
• Largest FTA TV1 and DTH pay-TV2 operator with
wide audience reach
• 2.5 Million DTH subscribers and over 262
thousand FTTH/IPTV subscribers
• Strong content proposition with blue-chip Cross-selling of products within MNC Group businesses with
3
advertising clients targeted approach through data analytics
Lifestyle Property business with residential,
office and large-scale hospitality projects under
development Integration of operating platforms between subsidiaries
• Access to a strong network of 4
(HR & IT operations, branches and offices)
contractors/suppliers
• Large-scale hospitality developments
providing strong access to a huge potential
customer base Joint marketing and advertising between MNC Group
5
businesses; through the MNC Media arm
Synergy among business unit under MNC
Group
Note: 1. By monthly average audience share in Sep-2019 based on Nielsen; 2. By subscribers market share
311. Corporate Overview
2. Media
3. Financial Services
4. Lifestyle Property, Hospitality
& EntertainmentMNC Land Corporate Structure
HOSPITALITY & OTHERS MNC LIDO CITY MNC BALI RESORT
HOSPITALITY TRUMP INTERNATIONAL LIDO TRUMP INTERNATIONAL BALI
OFFICE BUILDING MNC WORLDTM LIDO
- High End Building - Sindo Building A proud member of:
- MNC College - Indovision Bali Building
- BEI Surabaya - Sopodel (5 Floors) OTHER DEVELOPMENTS
APARTMENT
- Transit Oriented Development
- MNC World Gardens
- Bodogol National Park
PROPERTY SERVICES - Residentials
- Property Management Service & Co-working
33Hospitality & Others
Portfolio Summary
- Hospitality and others segment includes our hotel resorts, office buildings,
Total Gross and co-working. Development is intended to maximize the utility of our land
banks that are all located in the prime area in both Jakarta and Surabaya.
430,000 m2 Thus, in the past 5 years MNC Land has developed MNC Financial Center, BEI
Surabaya, Oakwood/One East and Park Tower & Park Hyatt Jakarta.
NLA
- The portfolio has generated sizable recurring income with high occupancy and
346,600 m2 competitive rent supported by the captive market from MNC Group as well
as external customers.
incld
- Jakarta Office Portfolio highlights:
5,800 m2
Co-working Space 1. MNC Center in Kebon Sirih, Central Jakarta
Lifestyle Resort & Hospitality An Building
Office integrated mixed use complex with approx. 5 ha land area
Note: Strategic location near CBD, Government’s offices and embassies
Owned Latest addition is Park Tower Jakarta, a premium Grade-A office
Jakarta Concert Hall (capacity of 1,024 pax)
Gross: 197,000 m2 MNC Conference Hall (capacity of 455 pax)
NLA: 121,500 m2
2. MNC Studios in West Jakarta
A total area of 12 ha
The largest broadcast & production facilities in South East Asia
MICE
- Surabaya Office Portfolio highlights:
24,000 m2 BEI Surabaya
(both offices and hospitality) Strategic location in central Surabaya
Anchor tenant: BEI/IDX (Indonesian Stock Exchange)
Residential Entertainment Center
34Hospitality & Others
Office Building
Location: MNC Center, Kebon Sirih, Central Jakarta
MNC Tower & Plaza MNC Financial Center High End Building iNews Tower* Sindo Building Park Tower Jakarta
Location: West Jakarta Location: Bali & Surabaya, East Java
MNC Studios* MNC College MNC Vision Tower* Indovision Bali Building BEI Building
* The property is owned by MNC Group, MNC Land is the project manager and building manager of the Property 35Hospitality & Others
New Venture: Co-working Space
The initiation to launch a new business venture in Co-working Space is in line with high demand for co-working space
and virtual office. Last year alone, a research by Jones Lang LaSalle (JLL) shows that virtual and co-working space
absorbed 33% of total office space requests in 2018 and the demand is expected to further increase this year.
The 1st Co-working space area in Park Tower was soft opened on 1 October 2019, in collaboration with Kolega.
Supporting facilities including state-of-the-art Leisure space, Event space, and Meeting room.
Next in the pipeline: GoWork co-working space soon to be opened in BEI Building Surabaya.
36Hospitality & Others
Hospitality
37Hospitality & Others
The Westin Resort and BICC
Location: ITDC complex in Nusa Dua area and approx. 13 km or 30 minutes away from Ngurah Rai International Airport.
5-star Hotel Resort with total room keys of 433 rooms with sizes ranging from 38 sqm to 171 sqm.
Latest awards: Best Family Hotel by Exquisite Awards 2018, Best Conference Hotel in Asia, Ranked #9 by Smart Travel
Asia 2018 Best Travel Poll, Luxury Wellness Spa for Heavenly Spa, Regional Winner by World Luxury Spa Awards 2018.
MICE facilities with a total area of ~15,700 m2, largest convention hall: 2,394 m2 with capacity of up to 2,500 pax.
Hosted Events: Miss World 2013, APEC CEO Summit Indonesia 2013 and IMF-World Bank Meeting 2018, Indonesia
Africa Infrastructure Dialogue 2019.
38Hospitality & Others
Oakwood Hotel & Residence
Location: Kertajaya Indah, an elite area in Surabaya, East Java
5-star Hotel with total room keys of 144 rooms with sizes ranging from 44 sqm to 110 sqm.
Managed by Oakwood, an award-winning and the largest serviced apartment operator in the world.
Grand opening of the hotel was held on 9 September 2019.
Supporting facilities: sky lounge, kids room, skypool, private cinema and fitness center.
Event Space: Grand Ballroom with total capacity of up to 500 pax.
39Hospitality & Others
Park Hyatt Jakarta
The first and the only Park Hyatt brand hotel in Indonesia
Location: MNC Center, Central Jakarta, very close to Governments’ offices and embassies, CBD Jakarta and elite
residential landmark of Menteng.
6-star Hotel with total room keys of 222 rooms with sizes ranging from 57 sqm to 317 sqm.
Supporting facilities: Ballroom, Meeting rooms, Spa and Fitness Center as well as world-class dining and entertainment
experience.
Target opening: end of 2019.
40MNC Bali Resort
MNC Bali Resort – “World’s Paradise”
Bali as the Indonesia’s main attraction was able to attract 6.07 million foreign visitors in 2018, it grew by
6.6% annually.
Bali is consistently voted as one of the world’s best islands with the latest awards came from the
DestinAsianReaders’ Choice Award (RCA) and Bali was voted as the Best Island in the World in 2017.
MNC Bali Resort sits in the heart of Bali’s magnificent southwest coast with beach access which span over 2
km. The location is approximately 26 km or an hour drive from the Ngurah Rai International Airport.
A perfect location for luxury living that offers breathtaking views of the Indian Ocean and Tanah Lot, the
most sacred temple in Bali, framed by a spectacular panorama of endless sea.
Building value, delivering better portfolio. MNC Bali Resort is being redeveloped from previously Pan
Pacific Nirwana Bali Resort into one of the first Trump International Resort in Asia.
The development is located in a spacious 107-hectare area in Tabanan, West Bali – one of the largest resort
developments in Bali.
41MNC Bali Resort
Prominent Partner - Trump
Well-known for more than 30 years of experience in luxury property across
the globe, proven by some significant awards
Resort Awards :
• U.S. News & World Report “Best Hotels in Europe” Gold Badge Winner
2018
• Scottish Hotel Awards “Scottish Hotel of the Year” 2018
Golf Awards :
• LeadingCourses.com, Best Golf Resort in Europe (#1) 2019
• Golf Digest, World's 100 Greatest Golf Courses 2018 (Ailsa Course - #10)
Offers a unique experience
Trump Golf Reciprocal - a prominent Trump network in Trump Golf Club in
which cover:
USA : New Jersey, New York, Florida, Virginia, Washington D.C.
Outside USA : Dubai UAE, Scotland, and Ireland
and becoming the 1st Partnership in Asia with MNC Land in Lido & Bali
White Glove Service Trump's signature - 24/7 White Glove Service ensures
Trump Residents around the world are at par with the best in the world
The Trump Card® Privileges Program - an exclusive access to distinguished
services and benefits at Trump Hotel Collection around the world
42MNC Bali Resort
Masterplan
The largest and most integrated lifestyle resort development in Bali,
MNC Bali Resort with a total area of 107 ha
1 Hotel and Beach Club • According to BPJT (Toll Road Regulatory
2 Golf Club Agency), our site will be near the newly
3 Golf Course 8 planned toll road in Bali that connects
4 Luxury Villa Kuta to Gilimanuk.
5 BOH
6 Condo • The completion of the new toll road will
7 Landbank be in line with the completion of our
8 Toll Road 7 project.
6
• Via the new toll road, Kuta – Canggu –
5
Tanah Lot can be reached in 20 minutes
2 3
3
Gilimanuk
1
4
Pekutatan
MNC Bali Resort
4
Planned Toll Road Kuta -
Gilimanuk 43MNC Bali Resort
Trump International Resort Bali
14.3 ha
• 151 room-keys of suites
and villas
• Trump International Resort,
a 6-star Hotel providing the
Finest Expression of
Glamour, Luxury and
Service
OFFICIAL PARTNERSHIP WITH:
© MNC LAND 2019. ALL RIGHTS RESERVED. 44MNC Bali Resort
Trump International Golf Club Bali
54 ha
• A Top Course in Asia
• 18 holes – Par 72
• Home of International Golf
Events
• Designed by Phil Mickelson
• Signature hole facing the
Tanah Lot and Indian Ocean
• An ultra-exclusive golf club
providing state-of-the-art
facilities, orchestrated by a
24/7 lifestyle concierge
• GFA Golf Club: 8,653 m2
OFFICIAL PARTNERSHIP WITH:
© MNC LAND 2019. ALL RIGHTS RESERVED. 45MNC Bali Resort
Trump Beach Club Bali
• The resort will also feature
a state-of-the-art Trump
Beach Club Bali designed
so as to present a 360-
degree view of the Indian
Ocean
• Total GFA: 8,397 sqm
• Planned Facilities:
1. Beach Club Restaurant ,
Swim – Up Bar, Pool Bar,
Cigar & Cognac Lounge,
Delicatessen
2. Beach Club & Deck,
Cabanas (4 rooms), VIP
Lounge, Swimming pool,
DJ booth, White sand pit,
Amphitheater
OFFICIAL PARTNERSHIP WITH:
© MNC LAND 2019. ALL RIGHTS RESERVED. 46MNC Bali Resort
Trump International Residences Bali
11 ha
• 144 units of Luxury Villas
• Designed by Oppenheim
Architecture and HBA
• The villa type varies from
3BR to 5BR
2 ha
• 223 units of Condo
• Designed by Oppenheim
Architecture and HBA
• The condo type varies
from 1BR to 2BR
OFFICIAL PARTNERSHIP WITH:
© MNC LAND 2019. ALL RIGHTS RESERVED. 47
47Welcome to.. MNC Lido City
In magnificent west java
picturesque 2 mountain views
Sizeable area of 3,000 ha
600-700 m above sea level, pleasant temperature 22-25C
surrounded by regions with a total of 72.5 million population
most advance and integrated resort township
Pride of the Nation world-class facilities & services
A new city concept in the process of becoming a new Special Economic Zone
48MNC MNC Lido City
Strategic Location and Accessibility
• TOLL ROADS
From Jakarta, MNC Lido City can be accessed through
Jagorawi toll road and Bocimi toll road section 1.
Under construction:
1. Bocimi toll road section 2-4 connecting MNC Lido
City to Sukabumi
2. Sukabumi - Bandung
±1 Hour • DOUBLE TRACK TRAIN
Total Drive Time From Double track train development Bogor – Sukabumi was
Jakarta to MNC Lido City launched in 2018 with expected completion in 2021
600-700 m above the sea level • AIRPORT
(between Mt. Salak and Mt. Gede Pangrango) Supporting airports:
1. Soekarno Hatta International Airport (Jakarta)
2. Halim International Airport (Jakarta)
3. Kertajati International Airport (Majalengka)
4. Cikembar Airport (Sukabumi) – under construction
• LIGHT RAIL TRANSIT
Jakarta – Bogor – Depok – Bekasi
• KEK: Kawasan Ekonomi Khusus
or Special Economic Zone will
be awarded soon by the
government, enjoying some
privileges such as reduced tax
rates and some other economic
benefits for certain activities
within the zone
49MNC MNC Lido City
Phase 1 Masterplan
Phase 1 Masterplan
± 700 ha
1 TRUMP International Golf Course
2 TRUMP Country Club & Hotel
3 TRUMP Residential Villas
4 Lido Lake Resort
5 MNC ParkTM (w/ MSIN*)
6 Retail Dining Entertainment (w/ 3rd Party)
7 Hotel & MICE (w/ 3rd Party)
8 TOD (w/ 3rd Party)
9 MNC University
10 MNC Office Park (w/ 3rd Party)
11 MNC Music Festival (by MSIN*)
12 Movie Land (by MSIN*)
13 MNC World Gardens
14 Residential Development (w/ 3rd Party)
Direct Access From Toll Road
Access From Toll Road to
Sukabumi Road
Next expansion of 2,300 ha including Moto GP Circuit, 2nd Golf Course and many more with opportunity to partner
with third parties
*MSIN: PT MNC Studios International Tbk
50MNC MNC Lido City Lido Lake Resort and Convention Center Location: Lido, Bogor approx. 60 km or an hour drive from Jakarta. Total room keys: 101 rooms with sizes ranging from 32 sqm to 180 sqm. The hotel went through a major renovation in 2017 and was soft opened in November 2018. Supporting facilities: outbound facilities, wedding venue. Event Space: 2 Ballrooms and 3 meeting rooms with total capacity of up to 500 pax. Received Certificate of Excellence 2019 from TripAdvisor.
MNC MNC Lido City
Lido Lake Resort Extension
1.1 ha
• 125 roomkeys
• Water Leisure
Activities
• Wedding Venue
• Meeting Venue
• Ballroom
52
52MNC MNC Lido City
Lido Lake Development
LIDO LAKE
DEVELOPMENT
• SOEKARNO PARK
– Orange Pergola Restaurant
– Retail & Food Court
– Soekarno Villa Coffee Shop
– Soekarno Villa Preserved
Building
– Lakeside Pool
• LIDO LAKE ADVENTURE PARK
A. Paintball Zone
B. Highrope Course
C. Tree House
D. Kayak Harbour
E. Archery Shoot
F. Kids Playground
G. Sky Bike
H. Flying Fox Landing | 260 m
I. Lido Lake Hotel
J. Lido Lake Hotel 2
K. Soekarno Park
• The biggest outbound facilities
in Indonesia with more than 60
games 53
53MNC MNC Lido City
Trump International Resort Lido
40 ha
• 120 room-keys, 6-
star
• 24/7 lifestyle concierge
and personalized
service
• Restaurant and bar,
spa & fitness center,
meeting and
conference facilities
• Trump standard of
excellence
OFFICIAL PARTNERSHIP WITH:
54MNC MNC Lido City
Trump International Golf Club Lido
82 ha
• 18 hole PGA Standard
• Presenting an Ultra-
Exclusive Golf & Country
Club with GFA of more than
36,000 sqm
• Club Designed by
Oppenheim Architecture
• Golf Course designed by
Ernie Els
• Golf course construction
progress: 70%
55MNC MNC Lido City
Trump International Residences Lido
100 ha
• 281 units of Luxury Villas
• Designed by Oppenheim
Architecture and HBA
• The villa type varies from
3BR to 8BR
5 ha
• 180 units of Condo
• Designed by Oppenheim
Architecture and HBA
• The condo type varies
from 2BR to 4BR
OFFICIAL PARTNERSHIP WITH:
56
© MNC LAND 2019. ALL RIGHTS RESERVED.MNC MNC Lido City
MNC ParkTM
• Introducing the first international scale theme
park in Indonesia which features:
6 Themed Lands
23 Rides & Attractions
6 Shows
17 F&B Concepts
18 Retail Concepts
1 Multipurpose Event Hall
• Plus, a host of new characters from the next
generation of MNC Animation programming
including Kiko™️, the hit animated TV series on
RCTI
• Building on a Synergistic Business Model across
the Group to drive revenue as well as
implementing cross selling and cross promotion
with other group’s products such as IP/content,
FTA TV, Pay TV/IPTV, OTT, social media, online,
talent management, E-commerce and financial
services products.
• The park will be developed in cooperation with
MSIN/PT MNC Studios International Tbk, the
largest content production and talent
management in Indonesia. MSIN’s main business
line includes Production House/Content
Production, Pay Channel Provider, Talent
Management and Advertising Agency
57MNC MNC Lido City
MNC WorldTM Lido
Retail Dining & Entertainment Hotels
• The place to be – a festive specialty shopping, dining, • Uniquely themed resort hotels that cater to different
and entertainment hotspot with a wide range of audiences and price points. Incorporating park themes and
daytime and nighttime activities intellectual property e.g. Kiko room
• Target markets: residents of surrounding townships such • 1,400 4-star+ rooms onsite plus 800 3-star rooms adjacent
as Bogor and MNC Lido City, as well as theme park to the resort
visitors and hotel guests • Integrated convention center featuring a ballroom and
• Leveraging the strengths of the MNC Media Group meeting room facilities to drive MICE business and weekday
(avenue of stars, live broadcasts, celebrity appearances, occupancy
live music, etc.) • To be developed in cooperation with third parties
• Featuring unique brands and experiences that are
unavailable in Jakarta to create a sought-after
destination within a destination and drive repeat
visitation
• To be developed in cooperation with third partiesMNC MNC Lido City
Movie Land and Music Festival Venue
MOVIE LAND
21ha
• First Independent Movie
Production Complex in Indonesia
• Large range of background
setting from nature to city
• Movie Tour Package
• Family Movie Entertainment
• Monorail Access
• To be developed by MSIN
MUSIC FESTIVAL
5.7ha
• 5 Main Stages
• Outdoor Theatre
• Amphitheatre
• Music & Art Festival
• International Music Event
• Café & Retail
• VIP Facilities
• Monorail Access
• To be developed by MSINMNC MNC Lido City
Transit Oriented Development (TOD)
• Total Area: 7 Ha
• Integrated
Transportation Modes:
1. Train Station
2. Bus Terminal
• Commercial area
• 3 Apartment towers
• Estimated construction
commencement: 2020
• To be developed in
cooperation with third
parties
© MNC LAND 2019. ALL RIGHTS RESERVED. 60MNC MNC Lido City
Bodogol National Park
NATURE ACTIVITIES PROGRAM
61Project Completion
Project CompletionMilestones
Milestones
2019 2020 2021 2022 2023
Soekarno Park Bodogol National Park Movieland by MSIN MNC ParkTM
Park Hyatt Jakarta w/ MSIN
Lido Lake Lido Lake Resort Trump International
Oakwood Hotel & Extention Resort Lido MNC WorldTM Lido
Residence Surabaya Adventure Park –
(RDE & Hotels)
Biggest Outbound Trump International Trump International
w/ 3rd Parties
Golf Club Bali Resort Bali
Transit Oriented
Trump International
Development (TOD)
Golf & Country Club
w/ 3rd Parties
Lido
Trump Residences Lido
& Bali* (onwards)
• MNC Lido City is currently in the process of becoming a Special Economic Zone (SEZ) area.
• Estimated timeline for the SEZ status to be awarded : 2020
62CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
FY2018 (AUDITED) AND FY2017 (AUDITED)
(in million Rupiah)
Descriptions FY2018 FY2017 Δ%
Revenues 14,725,851 13,580,269 8%
Advertising - Non Digital 5,313,502 4,944,077 7%
Advertising - Digital 261,101 89,452 192%
Content based media 1,518,392 1,466,277 4%
Pay TV dan Broadband 3,228,257 3,140,779 3%
Financing, securities, insurance, and bank financial institutions 2,611,797 2,380,754 10%
Others 1,792,802 1,558,930 15%
Operating cost (10,962,420) (11,339,149) -3%
Income from operations 3,763,431 2,241,120 68%
EBITDA 5,329,364 3,747,386 42%
EBITDA Margin 36% 28%
Net income 945,195 524,708 80%
Revenue FY2018 16,000 14,726
Advertising 13,580
14,000
- Non Digital
Others
36% 12,000
12%
in Billion Rupiah
10,000
Advertising
8,000
- Digital
2% 6,000 5,329
3,763 3,747
Financing, 4,000
securities, 2,241
2,000
insurance, Content 525 945
and bank based media -
financial 10% Revenues Income from EBITDA Net income
Pay TV dan
institutions operations
Broadband
22%
18% 31 Des 2017 31 Des 2018
63CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
FY2018 (AUDITED) AND FY2017 (AUDITED)
(in million Rupiah)
Descriptions FY2018 FY2017 Δ%
ASSETS
Current Assets 19,185,166 20,195,774 -5%
Non Current Assets 37,236,807 36,328,037 3%
Total Assets 56,421,973 56,523,811 0%
LIABILITIES AND EQUITY
Current Liabilities 17,171,841 20,692,112 -17%
Non Current Liabilities 14,753,368 11,745,509 26%
Total Liabilities 31,925,209 32,437,621 -2%
Non-controlling interests 12,162,569 12,038,218 1%
Total Equity *) 12,334,195 12,047,972 2%
Total Liabilities and Equity 56,421,973 56,523,811 0%
Ratio
PBV (x) 0.12 0.18
Current Ratio 1.12 0.98
Debt to Equity Ratio (x) 0.72 0.78
*) Attributable to owners of the Company
60,000 56,524 56,422
50,000
In Billion Rupiah
40,000 32,438 31,925
30,000
20,000 12,048 12,334
10,000
-
Assets Liabilities Equity
31 Des 2017 31 Des 2018 64CONSOLIDATED STATEMENTS OF PROFIT OR LOSS
9M 2019 (UNAUDITED) AND 9M 2018 (UNAUDITED)
(in million Rupiah)
Descriptions 9M2019 9M2018 Δ%
Revenues 11,892,378 10,855,346 10%
Advertising - Non Digital 4,309,540 4,022,457 7%
Advertising - Digital 502,995 106,825 371%
Content based media 1,292,132 1,095,447 18%
Pay TV dan Broadband 2,527,444 2,404,583 5%
Financing, securities, insurance, and bank financial institutions 1,988,345 1,875,721 6%
Others 1,271,922 1,350,313 -6%
Operating cost (8,768,468) (7,988,050) 10%
Income from operations 3,123,910 2,867,296 9%
EBITDA 4,363,438 4,047,402 8%
EBITDA Margin 37% 37%
Net income 1,526,710 162,546 839%
Revenue 9M2019
14,000
Advertising - 11,892
Non Digital 12,000 10,855
36% Advertising -
Digital in Billion Rupiah
10,000
4%
8,000
Others
11% 6,000
4,047 4,363
4,000 3,124
2,867
2,000
1,527
Financing, 163
securities, 0
insurance, and Content based Revenues Income from EBITDA Net income
bank financial media operations
institutions Pay TV and 11%
Broadband 30 Sept 2018 30 Sept 2019
17% 21% 65CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
9M 2019 (UNAUDITED) AND FY2018 (AUDITED)
(in million Rupiah)
Descriptions 9M2019 FY2018 Δ%
ASSETS
Current Assets 19,391,384 19,185,166 1%
Non Current Assets 41,414,757 37,236,807 11%
Total Assets 60,806,141 56,421,973 8%
LIABILITIES AND EQUITY
Current Liabilities 17,346,235 17,171,841 1%
Non Current Liabilities 12,469,920 14,753,368 -15%
Total Liabilities 29,816,155 31,925,209 -7%
Non-controlling interests 14,353,597 12,162,569 18%
Total Equity *) 16,636,389 12,334,195 35%
Total Liabilities and Equity 60,806,141 56,421,973 8%
Ratio
PBV (x) 0.16 0.12
Current Ratio 1.12 1.12
Debt to Equity Ratio (x) 0.52 0.72
*) Attributable to owners of the Company
70,000
60,806
60,000 56,422
in Billion Rupiah
50,000
40,000 31,925 29,816
30,000
20,000 16,636
12,334
10,000
0
Assets Liabilities Equity
31 Dec 2018 30 Sept 2019 66PT MNC Investama Tbk
Ria Budhiani
Head of Investor Relations
Email: ir.bhit@mncgroup.com
Thank You
MNC Financial Center 21st Floor
Jl. Kebon Sirih No. 21-27 Jakarta 10340, Indonesia
Tel. +62-21 2970 9700
Fax. +62-21 3983 6870
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