corporate update · 2 days ago · features: 6 themed lands, 23 rides & attractions, 6 shows,...

Listed & traded on the Indonesia Stock Exchange (IDX) IDX Ticker Code: BHIT www.mncgroup.com

CORPORATE UPDATE PT MNC Investama Tbk

September 2020

1. Corporate Overview

2. Media

3. Financial Services

4. Entertainment, Lifestyle Property & Hospitality

5. Corporate Financial Highlights

3

MNC Investama Key Investment Highlights

MNC Media MNC Financial

Services MNC Land

Content & Advertising Based Media

☑ Four National FTA with the largest audience share of 40%, ad-spend share of 45%. Launched RCTI+, a streaming (OTT) service.

☑ Strong growth in digital advertising revenue and Non Time Consuming Ads (NTC Ads).

☑ The Largest Library with more than 300K hours, with the largest content production of 23K hours yearly, supported by state-of-the-art studio technology & facilities.

☑ The Largest Talent Management with close to 400 talents under management with 5 + 5 years option to extend.

☑ Started MCN (Multi Channel Network) on YouTube in August 2019 and generating 1.63billion views and 11million subscribers in just a month. Including MNCN Channels on YouTube, the total number of views reached 24.1billion in a 12 month span (FY2019), with 101 million subs by the end of August 2020.

☑ Owning the largest sites called Okezone (#1 above Google #2) and Sindonews (#6) based on Alexa measurement. Okezone has more than 20 million UV daily and is ranked #24 globally.

Subscription Based Media & Broadband ☑ #1 market position in Pay TV with more than 16 exclusive in-house channels

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.

☑ Integrated financial services group with full licenses from banking, consumer finance, leasing, securities, asset management, general and life insurance, fintech, and payment gateaway.

☑ Strong synergies within MNC Group ecosystem Including cross selling and cross promotion.

☑ Expanding into digital financial services in all units. Launched SPIN (Smart Payment Indonesia), offering e-money, e-wallet, digital remittance soon will tap into peer-to-peer lending.

☑ Huge landbank in strategic location to be developed as entertainment, lifestyle property & hospitality in Lido.

☑ Owns several hotels, including Westin Resort Bali, and close to 400,000sqm GFA office space.

☑ Currently developing iconic projects, including: • Park Hyatt Jakarta. • Trump International Resorts

in Lido and Bali. • The only international

standard theme park facilities in Indonesia

☑ The assets book value, including the landbank is well below the market value.

☑ Expanding into co-working, co-living and co-retail business.

☑ Indonesia has a strong economic growth with GDP over $1trillion and rising middle class.

☑ The three businesses (Media, Financial Services and Entertainment, Lifestyle Property & Hospitality) 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.

Corporate Structure

4


2. Media




6

The Largest Integrated Media Company in Southeast Asia

*As of June 2020

The Largest Audience Share & FTA TV Advertising Market Share

7

Source : Nielsen (Q2-2020)

Indonesia FTA TV Advertising Market Share

MNCN Audience Share 2008 – 2020

• Conventional TVC (15” and 30”) during commercial break

• Creative ads/ Non Time Consuming ads

• Equity Link (Air time and Content Library)

• QRIS Advertising

• Localized RTX* & Geo-tagging TVC*

• Digital Ads : Digital Broadcast, Social Media (including Library, original content, and MCN), News Portal, and RCTI+

TV Advertising Revenue

8

*will be launched soon

Built-In Advertising Conventional TVC

Virtual Advertising Squeezed Frame Advertising

Super Impose RTX

Now TV Can Be a Shopping Marketplace

9

With standardized QRIS, consumer can buy the products from various payment Apps. 1. Discount or Cashback

for SPIN users

2. Seamless in Apps experience

3. Control the traffic end to end

4. Enriched data base and analytics for MNC Group

Note:

• Business model for FTA/OTT: receive ads revenue and revenue share from transaction • As an acquirer, SPIN receives 0.7% Merchant Discount Rate (MDR) for every transaction • Even when using other payment App, we still receive 39% (of MDR)

Content Revenue

10

Drama, Talent Search, Animation, Sitcom, Movie

*Generating highest revenue per one hour broadcast

• 90%+ of pay Channel content is sourced from the library & original content produced in-house.

• Owns 16 Pay Channels with various genres.

CONTENT LIBRARY LICENSING (FTA, DTH Pay TV, IPTV, Mobile/Streaming, OTT)

• Produces around 23,000 hours of content annually.

• Owns more than 300,000 hours of content library with breakdown of 60% non News and 40% News content.

CONTENT PRODUCTION (group & non-group) • Content produced in-house include

Drama, Talent Search, Animation, Sitcom, Movie, Reality, Infotainment, Variety, Talk Show, News.

More than 80%

More than 80%

Star 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, live chat on RCTI+, and content creators on MCN.

• There is a revenue split between talent and the Company for all bookings, including endorsements on their respective social media platforms.

11

Number One YouTube TV Views & Subscribers in Indonesia

12

Source : MNC Research, FY-2019

MNCN Nationwide Youtube market share:

Note: Data for Youtube Indonesia

Source : MNC Research, August 2020

MNC Media vs Competitors Views (In Billion)

MNC Media vs Competitors Subscribers

4,73 % Views

2,19% Subscribers

2,50% Video Uploads

Star Hits – Leading Digital Network

13

• Star Hits is a digital network that develops content creators, talent or influencers, to cooperate with the brand and to create the ecosystem that are connected in the content.

• Owns various channels under star hits family brand, which focuses on various different genres.

• Currently, Star Hits also coordinates all of MNC Group’s channels in all social medias.

• Star Hits started its MCN (Multi-Channel Network) operation in August 2019.

Source of Revenue from Youtube 3

MCN (12 month span): • 47.7mn subscribers • 4.3bn views

MCN + Non – MCN • 101mn subscribers

(as of August 2020) • 24.1bn views (FY – 2019)

MNC Group “General & News Portal” #1 and #6 in Indonesia

14

Note : For News portal, Okezone.com is ranked #1 (20mn daily UV) and Sindonews.com #6

RANKS | Top Indonesian Sites

1. Okezone.com

2. Google.com

3. Tribunnews.com

4. Youtube.com

5. Grid.id

6. Sindonews.com

7. Kompas.com

8. Detik.com

9. Liputan6.com

10. Tokopedia.com

11. Bukalapak.com

12. Suara.com

13. Brilio.net

14. Kumparan.com

15. Idntimes.com

16. Merdeka.com

17. Google.co.id

18. Yahoo.com

19. Jpnn.com

20. Blogspot.com

*Update 1 August 2020

OTT Media Services -

15

• LiveTV, catch up TV, and FTA programs - current and library

• Fresh extended content and FTA unaired content (bloopers and behind the scene)

• Creative content: Quiz, reward system, original short, mid, & long form content, voting, and chats with MNC talents

• Integration of MNCN news platforms into RCTI+

• Top 20 articles from different categories derived from MNCN general and news portal

• Cooperation with portal aggregator

• Radio Aggregator – All radio stations available digitally on the app with a choice of channels from various genres, years and mood selections

• Music radio playlist podcast content, and UGC podcast

1. Video Streaming

2. News Aggregator

3. Audio Aggregator

• Video sharing experience

• Exclusive content upload from the library in short and medium form and content similar those uploaded on YouTube

• Talent search competition – facilitate user to unlock their potential to the world through online competition

• Provides access to new and exciting games content

• A constantly expanding content offering

4. Talent Search - UGC

5. Games Aggregator

Fact Sheet:

1. Established in August 2019.

2. Running on Advertising VOD model.

3. MAU: More than 10 million (as of July 2020).

4. Average viewing duration: 86 minutes.

5. Revenue projection for 2020: $25-30 mio.

6. Ads generation: independent and FTA bundle.

Drama Production – Response to Covid-19 “semi-lockdown”

17

Outdoor Set – “Orang Miskin Baru” Indoor Set – “Tukang Ojek Pengkolan” Indoor Set – “Dunia Terbalik”

Drama Production Set Up @ MNC Studios, Kebon Jeruk

Outdoor Set – “Memet” Indoor Set – “Jaka Tingkir” Indoor Set – “Amanah Wali 4”

PT MNC Vision Networks Tbk - The Most Integrated Subscription Platform with Content Superiority

18

• Over 90% market share with 2.1m subscribers.

• DTH S-band (2.520 – 2.670 Ghz) for extensive nationwide coverage.

• Hidden treasure: 5G and LTE spectrum.

• Distribute Android TV OTT Box

• DTH KU-Band for cost efficient services, capturing mass market segment.

• Acquires 9,000- 10,000 new subscribers on a daily basis.

• Currently sitting with more than 3.8 mio subscribers.

• Provides high speed FTTH broadband and interactive IPTV services.

• 3rd largest broadband with 1.5 mio home pass and close to 300,000 subs.

• Distribute Android TV OTT Box.

• Distribution through MNC Vision, MNC Play, digital channel (e-commerce), and retail dealership.

• Selling Play Box using 3rd party broadband network.

• Exclusive FTA, Pay channels and VODs at affordable price.

• TV anywhere for MVN subscribers.

• Vision+ has 1.3 mio paid subs and over 29 mio MAU.

• Live TV, catch up TV, library, VOD, and original content, both short and mid form.

• Running on both AVOD and SVOD model.

• Broadening reach of MVN to untapped Pay-TV Market all over Indonesia.

• LCO Partnership through digitalization or content licensing & acquisition

• Drive subscriptions by supplying LCO with MNC Group superior & premium content

• Produces and operates 12 pay channels.

• Produces original content suited for digital platform (short and medium form content).

• MNC Channels has produced over 63,000 hours of in – house content since its inception.

* As of June 2020

66.83% 33.17%

MNC Vision - Quality Focused And Continuous Cost Efficiency

19

• MNC Vision provides DTH-based Pay TV services in Indonesia with 2.1 mio subscribers, which represents 90% market share. Capturing massive market opportunity in an archipelago.

• Subscriber’s growth will be focused on reaching broader segments in tier 2 and tier 3 cities (70% of total households in Indonesia) and LCO (local cable operator) acquisitions to expand DTH market share.

• Hidden Treasure: Monetization of 5G and LTE Spectrum (150 Mhz).


1. New customer acquisition to purchase STB/equipment for a more efficient operational expenditure.

2. Reduce costs of STB/equipment, viewing card/CAS, outdoor unit, and low noise block (LNB) by at least 25%, which enables the Company to sell the equipment for $31/set, from $44/set.

3. This model will decrease overhead cost, such as sales, technical, and other related expenses.

4. Sale of STB leads to higher revenue and healthier cash flow.

5. Starting November, MVN has transitioned into selling its equipment to customers and will be fully implemented within 6 months.

6. Acquisition target: 2000 new subscribers per day – upon the full implementation of the new model.

Revamping MNC Vision Business Model - Sale of STB/Equipment

K Vision – Pay TV Platform for the Mass Market

20

• Prepaid Pay TV, which captures mass market in Indonesia with 20+ mio target homes that can potentially be a subscriber.

• Acquires 9,000 – 10,000 new subscribers on a daily basis with more than 3.8 million subscribers as of August 2020.

• LCO Partnership through digitalization and content licensing.

• QR Link to ramp up voucher sales to Rp50 – 60 bio/month

(in thousands)

Fixed Broadband and IPTV Coverage Expansion For Extensive Growth

21

• MNC Play is the 3rd largest broadband and IPTV operator with close to 1.5 million home pass and 290,000 subscribers since its inception in 2014.

• Secured various partnership with neutral network providers to expand its home pass network that lower capex and opex requirement in the future and allows the Company to focus on the delivery of its services (internet & IPTV)


Penetrating Untapped Pay-TV Market Through LCO Partnership and Acquisition

22

• In May 2020, MVN completed its first LCO acquisition located in Batam, Kepulauan Riau.

• There are many cable operators that obtain MNC Group’s channels illegally and redistributing it in their own region. Acquiring these LCOs will help to prevent piracy and broaden MVN networks. This strategy lets the Company gain stronger presence in those areas

• By supplying MVN’s content to local cable operators, it will help them better perform and grow rapidly in their respective region.

• Target LCO Partnership (subs based): 2 million subscribers

No of Registered LCO: 417

LCO PARTNERSHIP - METHODS

LCO Acquisition Digitalization/Content

Licensing OR

Vision+ – TV Anywhere, Anytime

23

• As a TV anywhere, Vision+ is a SVOD business model offered together with the services provided by MNC Vision & K-Vision (DTH), MNC Play, and Playbox (android TV OTT box

• The OTT platform comprise of more than 130 live and 80 catch-up channels, with access to thousands of on-demand content, both original and third party content.

• Today, Vision+ has 1.3 mio paid subscribers and over 29 mio monthly active user (MAU).

MNC Channels: Largest in in-house production and number of channels in Indonesia

24

IN-HOUSE PRODUCTION (hours)

No Channel Total

1 Kids 3,091.7

2 Music 20,529.5

3 Auto Gadget 2,467

4 Infotainment 3,960

5 Travel & Homes 5,280.5

6 Muslim 5,860.9

7 Lifestyle & Fashion 1,827.8

8 Sport 2,281

9 Soccer 1,348.3

10 MNC News 249

Total Hours 63,345.9

Data as of June 2020

MVN produces and operates 12 pay channels from various genres for

Pay TV/IPTV/OTT viewers.

FTA (available exclusively on MVN’s Pay TV Platforms)


2. Media




MNC Kapital Indonesia is the most diversified and integrated financial services groups in Indonesia with eight fully licensed operating subsidiaries (one in the process of obtaining the license), active in banking, multi-finance, securities, leasing, general insurance, life insurance, asset management, financial technology and payment gateway.

PT MNC Kapital Indonesia Tbk (MNC Financial Services) Corporate Structure

26

Digital Initiatives – Motion

27

MNC Bank – Mobile/Digital Banking

• New mobile banking (went live in August 2020) 1. Biometric login (fingerprint, face detection) 2. Transfer (MNC Bank Account, Online, SKN,

RTGS & Virtual Account) 3. Top up SPIN and other e-money 4. Biller integration and payment 5. Realtime notification

• Open Banking (under development) 1. Digital core banking 2. Automatic onboarding with E-KYC 3. Savings, credit card and loan application are

all in one integrated platform 4. QRIS features for online and offline payment 5. Transfer/top up with foreign currency 6. Open API programing to enable connectivity

to external parties

Digital Initiatives – Hario

28

MNC Life x MNC Insurance – Digital-based Insurance App

• New features (went live in March 2020) 1. Additional products: education (Hario Pintar),

retiree (Hario Pensiun) and COVID-19 coverage; on top of existing products: accident (Hario Siaga), health (Hario Sehat) and life (Hario Sejahtera)

2. Push notification, autofill and video content 3. Available in iOS platform

• Future features (went live in the end of August 2020) 1. Additional products in synergy with MNC

Insurance: house (MNC Home Express), motor vehicle (MNC Total Care) and travel (MNC Travel Express)

2. QRIS transaction (collaboration with SPIN) 3. Online claim 4. Live chat 5. Loyalty rewards

Digital Initiatives – MNC Trade

29

MNC Sekuritas – additional features as Online APERD (Mutual Fund Sales Agent)

• Phase 1 – Additional mutual funds products from MNC Asset Management (target completion: end of August 2020, go live subject to OJK’s approval) 1. Limited to MNC Asset Management products 2. Transaction: subscribe and redeem 3. Information: list of products, portfolio’s profit/loss,

NAV and char 4. Separate portfolio between stock and mutual fund

• Phase 2 – Online APERD for various mutual funds (2.5 months after phase 1) 1. Support other asset management products 2. Risk profile on opening account 3. Transaction: auto-sweep 4. Information: product comparation 5. Mutual fund portfolio as collateral for additional

trading limit 6. Automation process back office & regulatory

report

Digital Initiatives – MNC Duit

30

MNC Asset Management – Online Mutual Fund

• Upgrading MNC Duit to service APERD, financial consultants and institution; in addition to current available for retail clients. All in one integrated platform → Phase 1

- Online opening account - Subscription - Balance inquiry - Historical transaction - Redemption and switching - Financial calculator

→ Phase 2 - Auto investment - Direct transaction - Live chat - Loyalty Points (with SPIN)

Digital Initiatives – SPIN

31

MNC Teknologi Nusantara – e-Money, e-wallet, digital remittance

• New features (went live in May 2020) 1. QRIS transaction on TV 2. From “SPIN Cash” to cash advance via banks

• Future features (target live in Q4 2020) 1. Loyalty programs: SPIN Points, vouchers, special

offers 2. More competitive prices for mobile credit,

mobile internet packages, electricity and water payments

3. Direct host to host with major Banks for low cost top up, cash out and transfer from and to major banks

4. Live chat 5. Co-branding with other digital apps of MNC

Group

In the Pipeline – P2P Lending

32

• Broader/nationwide customer-base with digital on-boarding

• As channeling agent for MNC Bank, MNC Finance and MNC Leasing

• Leverage MNC Group’s ecosystem to minimize risks

• Implement AI based credit scoring using MNC Group’s big data and analytics

In the Pipeline – Payment Gateway

33

• Acquired this year, Flash Mobile is a payment gateway and biller aggregator company. Expected to be fully licensed this year, Flash Mobile is underway for PCI DSS (highest security standard certification)

• Flash Mobile serves as the most integrated payment gateway and biller aggregator both for MNC Group, and soon for external partners as well

Payment Gateway is a service provider that authorizes credit/debit cards, e-money or direct payments processing for e-businesses and online retailers

Biller aggregator is payment switching that connect between billers and customers using third party networking system such as banks, convenience stores, e-commerce and many more

Digital MNC Financial Services Blueprint

34

• MNC Bank, MNC Leasing and MNC Finance will use available funds or funds received from venture capital to channel loans from P2P lending platform and equity crowdfunding (ECF), where SPIN and Motion users can also participate as individual lender/investor

• MNC Sekuritas can help their ECF companies to grow the business until IPO

• SPIN will act as the financial deepening agent for Motion and other digital platforms to get new customers (combined account opening)

• Hario, MNC Trade and MNC DUIT as insurtech and investment app will provide embedded financial products, ie: auto invest and cross sell, to support users manage their financial

• Flash Mobile will act as the payment gateway, biller management, big data, and identity management.

Group Loyalty system to connect MNC Group

35

• The loyalty points will unify all MNC Group’s point systems and redemption

• Customers earn points on every transaction, which can be redeemed to increase attachment, engagement and loyalty to stay within MNC Group’s ecosystem

• With our large customer base, MNC Group loyalty points enable cross-selling, upselling and support event driven offering, which in turn will generate better customer behavior insights and real time analytics


2. Media




MNC Land Corporate Structure

37

- Transit Oriented Development

- MNC World Gardens

- Bodogol National Park

- Residentials

MNC LIDO CITY

TRUMP INTERNATIONAL LIDO

MNC WORLDTM LIDO

OTHER DEVELOPMENTS

MNC BALI RESORT

TRUMP INTERNATIONAL BALI

- Property Management Service & Co-working

HOSPITALITY & OTHERS

HOSPITALITY

OFFICE BUILDING

APARTMENT

PROPERTY SERVICES

- High End Building

- MNC College

- BEI Surabaya

- Sindo Building

- Indovision Bali Building

- Sopodel (5 Floors)

38

± 700 ha Phase 1 Masterplan

TRUMP International Golf Course

TRUMP Country Club & Hotel

TRUMP Residential Villas

Lido Lake Resort

MNC ParkTM (w/ MSIN*)

Retail Dining Entertainment (w/ 3rd Party)

Hotel & MICE (w/ 3rd Party)

TOD (w/ 3rd Party)

MNC University

MNC Office Park (w/ 3rd Party)

MNC Music Festival (by MSIN*)

Movie Land (by MSIN*)

MNC World Gardens

Residential Development (w/ 3rd Party)

1

2

3

4

5

6

7

8

9

10

11

12

13

14

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

MNC Lido City

Phase 1 Masterplan

39

MNC Lido City

Portfolio Summary – Trump International Lido

Total Gross

250 ha

Including:

40 ha Trump International Resort

82 ha Trump International Golf

9.5 ha Trump International Golf

Club

105 ha Trump International

Residences

Portfolio highlights:

1. Trump International Resort Lido 120 roomkeys, 6-star 24/7 lifestyle concierge and personalized service Restaurant and bar, spa & fitness center, meeting and conference facilities Trump standard of excellence

2. Trump International Golf Course and Country Club Lido 18 hole PGA Standard 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%

3. Trump International Residences Lido 281 units of 3BR to 8BR luxury villas 180 units of 2BR to 4BR condominium Designed by Oppenheim Architecture and HBA

40

MNC Lido City

Trump International Lido

© MNC LAND 2020. ALL RIGHTS RESERVED.

OFFICIAL PARTNERSHIP WITH:

Trump International Resort Trump International Golf Club

Trump International Residences

41

MNC Lido City Portfolio Summary – MNC ParkTM, MNC WorldTM, Movie Land & Music Festival Venue

Total Gross

114.4 ha

Including:

65.6 ha MNC ParkTM

48.8 ha MNC WorldTM

21 ha Movie Land

5.7 ha Music Festival Venue


1. 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

A host of new characters from the next generation of MNC Animation 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 and services (both media and financial services)

1. MNC WorldTM Retail and Dining: specialty shopping, dining, and entertainment hotspot

with a wide range of daytime and nighttime activities, including: avenue of stars, live broadcasts, celebrity appearances, live music, etc

Hotels: uniquely themed resort hotels to cater different audiences and price points; 1,400 4-star+ rooms plus 800 3-star rooms adjacent to the resort with integrated convention center featuring a ballroom and meeting room facilities to drive MICE business and weekday occupancy

3. Movie Land and Music Festival Venue Movie Land: First independent movie production complex in Indonesia

with large range of background setting from nature to city Music Festival Venue: 5 main stages, outdoor theatre, amphitheatre,

music & art festival, international music event, café & retail with monorail access

42 42

MNC Lido City

MNC ParkTM, MNC WorldTM, Movie Land & Music Festival Venue

MNC ParkTM MNC WorldTM

Movie Land

42

43

MNC Lido City

Portfolio Summary – Lido Lake Resort

Total Gross

4.5 ha

Including

3.4 ha Lido Lake Resort and

Convention Center

1.1 ha Lido Lake Resort

Extension


1. Lido Lake Resort and Convention Center

Approx. 60 km or an hour drive from Jakarta

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

Facilities and event Space: 2 Ballrooms and 3 meeting rooms with

total capacity of up to 500 pax, outbound facilities, wedding venue

Received Certificate of Excellence 2019 from TripAdvisor.

2. Lido Lake Resort Extension

Additional 125 rooms

Facilities and event Space: Water Leisure Activities, wedding venue,

meeting venue, ballroom

44

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

44

MNC Lido City

Lido Lake Development

© MNC LAND 2019. ALL RIGHTS RESERVED. 45

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

46

NATURE ACTIVITIES PROGRAM

MNC Lido City

Bodogol National Park

47

MNC Lido City

Development Progress

48

MNC Bali Resort

Portfolio Summary

Total Gross

107 ha

Including:

14.3 ha Trump International Resort

54 ha Trump International Golf

Club

8,397 m2

Trump Beach Club

14 ha Trump International

Residences


1. Trump International Resort Bali 151 roomkeys of suites and villas Trump International Resort, a 6-star Hotel providing the Finest Expression

of Glamour, Luxury and Service

2. Trump International Golf Club Bali A top course in Asia designed by Phil Mickelson (18 holes – Par 72) Home of International Golf Events 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

3. Trump Beach Club Bali Features a state-of-the-art Trump Beach Club Bali designed to present a

360-degree view of the Indian Ocean Total GFA: 8,397 sqm Planned Facilities: Beach Club Restaurant , Swim – Up Bar, Pool Bar, Cigar

& Cognac Lounge, Delicatessen, Beach Club & Deck, Cabanas, VIP Lounge, Swimming pool, DJ booth, White sand pit, Amphitheater

4. Trump International Residences Bali 144 units of 3BR to 5BR Luxury Villas 223 units of 1BR to 2BR Condominium Designed by Oppenheim Architecture and HBA

MNC Bali Resort

Masterplan

• According to BPJT (Toll Road Regulatory

Agency), our site will be near the newly

planned toll road in Bali that connects

Kuta to Gilimanuk.

• The completion of the new toll road will

be in line with the completion of our

project.

• Via the new toll road, Kuta – Canggu –

Tanah Lot can be reached in 20 minutes

The largest and most integrated lifestyle resort development in Bali,

MNC Bali Resort with a total area of 107 ha

Hotel and Beach Club

Golf Club

Golf Course

Luxury Villa

BOH

Condo

Landbank

Toll Road

1

2

3

4

5

6

7

1

2 3

4

5

7

6

4

3

8

8

MNC Bali Resort

Gilimanuk

Planned Toll Road Kuta -

Gilimanuk

Pekutatan

49

MNC Bali Resort

Masterplan

50

Trump International Resort Trump International Golf Club

Trump International Residences Trump Beach Club

50

51

MNC Bali Resort

Development Progress

Hospitality & Others

Portfolio Summary

52

Office Building Lifestyle Resort & Hospitality

Residential Entertainment Center

Total Gross

430,000 m2

NLA

346,600 m2

Including:

5,800 m2

Co-working Space

Note:

Owned

Gross: 197,000 m2

NLA: 121,500 m2

MICE 24,000 m2

(both offices and hospitality)

- Hospitality and others segment includes our hotel resorts, office buildings, 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. Thus, in the past 5 years MNC Land has developed MNC Financial Center, BEI Surabaya, Oakwood/One East and Park Tower & Park Hyatt Jakarta.

- The portfolio has generated sizable recurring income with high occupancy and competitive rent supported by the captive market from MNC Group as well as external customers.

- Jakarta Office Portfolio highlights:

1. MNC Center in Kebon Sirih, Central Jakarta An integrated mixed use complex with approx. 5 ha land area Strategic location near CBD, Government’s offices and embassies Latest addition is Park Tower Jakarta, a premium Grade-A office Jakarta Concert Hall (capacity of 1,024 pax) MNC Conference Hall (capacity of 455 pax)

2. MNC Studios in West Jakarta A total area of 12 ha The largest broadcast & production facilities in South East Asia

- Surabaya Office Portfolio highlights: BEI Surabaya Strategic location in central Surabaya Anchor tenant: BEI/IDX (Indonesian Stock Exchange)

53 * The property is owned by MNC Group, MNC Land is the project manager and building manager of the Property


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

54


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.

55


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.

56


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: 2020.

57


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.


2. Media




Ads - Non Digital 37%

Ads - Digital 6%

Content 11%

Pay TV and Broadband

24%

Financial Institutions

17%

Others 5%

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS 1H 2020 (UNAUDITED) AND 1H 2019 (UNAUDITED)

59

1H 2020 Revenue Contribution 7.827.108

2.783.824

1.952.295

7.148.054

2.545.097

1.707.690

0

1.000.000

2.000.000

3.000.000

4.000.000

5.000.000

6.000.000

7.000.000

8.000.000

9.000.000

Revenues EBITDA Income from operations

in B

illio

n R

up

iah

1H2019 1H2020

in million Rupiah 1H2020 1H2019

Profit and Loss

Net Revenues 7.148.054 7.827.108

Gross profit 526.429 1.344.694

Net income 284.365 1.030.524

Total net income (loss) attributable to :

- Owners of the company (480.233) 261.027

- Non-controlling interests 764.598 769.497

Total comprehensive income 250.568 1.196.056

Total comprehensive income (loss) attributable to :

- Owners of the company (479.926) 364.080

- Non-controlling interests 730.494 831.976

Earnings (loss) per share (in full Rupiah) (7,16) 5,10

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 1H 2020 (UNAUDITED) AND FY 2019 (AUDITED)

60

in million Rupiah 1H2020 FY2019

Balance SheetTotal assets 56.499.507 57.613.499

Total liabilities 26.611.962 28.781.322

Total equity 29.887.545 28.832.177

Ratios - -

Profit (loss) to assets ratio (%) 1,01 3,62

Profit (loss) to equity ratio (%) 1,90 7,24

Profit (loss) to revenues ratio (%) 3,98 13,08

Current ratio (%) 119,27 108,82

Liabilities to equity ratio 0,89 1,00

Liabilities to assets ratio 0,47 0,50

57.613

28.781 28.832

56.500

26.612 29.888

-

10.000

20.000

30.000

40.000

50.000

60.000

70.000

Assets Liabilities Equity

FY2019 1H2020

in B

illio

n R

up

iah

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION FY2015 - 2019 (AUDITED)

61

in million Rupiah 2019 2018 2017 2016 2015

Profit and Loss

Net Revenues 15.967.376 14.725.851 13.580.269 12.894.525 12.878.191

Gross profit 7.764.004 7.163.896 5.757.191 5.130.930 4.655.262

Net income 2.087.823 945.195 524.708 847.943 (570.323)

Total net income attributable to :

- Owners of the company 430.814 86.353 148.619 232.931 (845.752)

- Non-controlling interests 1.657.009 858.842 376.089 615.012 275.429

Total comprehensive income 2.171.828 994.169 398.227 810.489 (445.428)

Total comprehensive income attributable to :

- Owners of the company 504.582 152.067 65.875 210.325 (714.054)

- Non-controlling interests 1.667.246 842.102 332.352 600.164 268.626

Earnings (loss) per share (in full Rupiah) 7,45 1,78 3,14 5,50 (22,02)

Balance SheetTotal assets 57.613.499 56.421.973 56.523.811 55.292.949 53.299.268

Total liabilities 28.781.322 31.925.209 32.437.621 31.129.457 30.464.913

Total equity 28.832.177 24.496.764 24.086.190 24.163.492 22.834.355

Ratios - - - - -

Profit (loss) to assets ratio (%) 3,62 1,68 0,93 1,53 (1,07)

Profit (loss) to equity ratio (%) 7,24 3,86 2,18 3,51 (2,50)

Profit (loss) to revenues ratio (%) 13,08 6,42 3,86 6,58 (4,43)

Current ratio (%) → assets / liabilities 108,82 111,72 97,60 108,08 111,55

Liabilities to equity ratio 1,00 1,30 1,35 1,29 1,33

Liabilities to assets ratio 0,50 0,57 0,57 0,56 0,57

Thank You PT MNC Investama Tbk MNC Financial Center 21st Floor Jl. Kebon Sirih No. 21-27 Jakarta 10340, Indonesia Tel. +62-21 2970 9700 Fax. +62-21 3983 6870 Email: [email protected] www.mncgroup.com

http://www.mncgroup.com/

corporate update · 2 days ago · features: 6 themed lands, 23 rides & attractions, 6 shows,...

Documents