Download - Telaga Air Briefing
-
8/2/2019 Telaga Air Briefing
1/21
PROPOSED DEVELOPMENT AT TELAGAAIR AQUACULTURE SITE
-
8/2/2019 Telaga Air Briefing
2/21
ABOUT SEA PARTY INTERNATIONAL
Taiwan-based private limitedcompany- established 10th July 2008
Led by Dr Ray Lin
Experiences in
i) live and frozen fish products delivery
ii) transportation
iii) air flown business
2009, signed agreement with Tanjung Manis Food & Industrial ParkSdn Bhd pioneer investor initiate & execute TMHH program
-
8/2/2019 Telaga Air Briefing
3/21
JOINT VENTURE ORGANISATION CHARTSea Party
International
Tanjung Manis Food & Industrial
Park
Tanjung Manis Taiwan Food Park
Sea Party
Microbes
Sea Party
Aquaculture
Sea Party
Technology
Sea Party
Industry
Sea Party
Biotech
Industry
Sea Party
Technology
R&D Centre
-
8/2/2019 Telaga Air Briefing
4/21
SEA PARTYS AIM
Become the pioneer in INTEGRATED BIOTECH AQUA
BASED INDUSTRIES produce high value and high quality
fish and shrimps to cater for the Muslim Market as part of
TMHH program.
-
8/2/2019 Telaga Air Briefing
5/21
CURRENT ACTIVITIES
At present, Sea Party has been rearing tilapia breeders at Tanjung Manis, supply
fries, feeds and provide consultation to our respective vendors.
Feeding session at Tanjung
Manis
Harvesting session at Tanjung
Manis
-
8/2/2019 Telaga Air Briefing
6/21
CURRENT ACTIVITIES
Sea Partys Tilapia fish Sea Partys White Shrimps
Release of Prawn Fries into Haji
Husseins ponds (Sea Partys vendor)
Aquaculture
expert,
vendor,engineer
-
8/2/2019 Telaga Air Briefing
7/21
WORLDWIDE AQUACULTURE TILAPIA SALES
For year 2000 =US $ 1,744,045,000(FAO FishStat 2007)
2005 sales = US $ 2,457,312,000(FAO FishStat 2007)
2010 sales > US $ 5,000,000,000
7
-
8/2/2019 Telaga Air Briefing
8/21
FUTURE GLOBAL TILAPIA PRODUCTION
USlargest importer of tilapia production
-
8/2/2019 Telaga Air Briefing
9/21
SEA PARTY SOCIO ECONOMY VENDOR PROGRAM
In order to produce high value and high quality fish and shrimps, SeaParty establishes Socio Economy Vendor Program for ourrespective vendors/ entrepreneurs in which Sea Party :-
provide consultation and technical services on polyculture system(co-rear fish & prawns)
supply fries, feeds and all necessary fish farming gears
commit to buy back all aquatic products with terms and conditions tobe laid
Propose to have our vendors/ entrepreneurs to start theiraquaculture business venture besides manpower and entrepreneurtrainings
-
8/2/2019 Telaga Air Briefing
10/21
VENDOR PROGRAMCommercial Premier Vendors (self funding)
entrepreneurs that have existing commercial aquaculture business andhave the intention to expand their production
Entrepreneurship Vendors (under loan scheme)
the unemployed graduates registered under the State Govt CBGProgram
Unemployed Graduates from Agriculture Institute
NGO Agencies e.g Koperasi, Unions and Organizations includingmembers
Prospective public members
CSR Vendor Program (under smart partnership with relevant GovtAgencies)
Members under SFO program
Prospective Hard Core Poor
With available redundant ponds at Telaga Air, and under full technicalguidance, this Social Economy Program can create better spin off
economy impact to the stat.
PROPOSED VENDOR PROGRAM SITE
-
8/2/2019 Telaga Air Briefing
11/21
PROPOSED VENDOR PROGRAM SITE(TELAGA AIR AQUACULTURE SITE)
425 hectares of usable land - 57 Lots many abandoned ponds
-
8/2/2019 Telaga Air Briefing
12/21
BUSINESS PROPOSAL
Sea Party hereby proposes to LCDA for the re-establishment of its abandoned Telaga Air Aquaculture
Site
venture into Sea Partys poly culture system under SeaParty Social Economy Program
By forming a Management Company (MC) under the
Profit Sharing method
MC LCDA, SFO & SPT
Role of MC manage the entire operation of the businesswithin the concession area leased from the land owner(LCDA)
-
8/2/2019 Telaga Air Briefing
13/21
ROLES OF MC
provide adequate expertise and extend its technology to
the local entrepreneurs train and select entrepreneurs to participate as vendors of
the company,
Responsible to collect yearly rental of operational fish
ponds from vendors Sourcing of inputs (eg. fish fries, prawn fries and feeds)
Sales of outputs into the domestic or export markets
To ensure that the whole concession area is fully utilized
and operational.
To ensure the transfer of technology is well executed to thelocal vendors and the technical teams.
-
8/2/2019 Telaga Air Briefing
14/21
RESPONSIBILITIES OF EACH PARTYLCDA
Provide land and basic infrastructures (roads, power supply and fresh water) to
make the site operational for aquaculture business investment. Advise on land matters, provide administrative support and coordinate with any
state GLCs and authorities concerned.
SEA PARTY
Provide technical services, trainings, supply of quality feeds required and all
necessary farming gears and equipments for the production. Responsible to purchase and market all productions.
To ensure that the whole area/ponds are fully occupied to generate income.
AND responsible to take charge of the overall Companys business operations
SFO
Assist in coordinating with relevant agencies on grants and fundings for theparticipating entrepreneurs if necessary
Recruit and select potential vendors /entrepreneurs from its community
To work together in all fields including creating programs for its prospectivemembers
-
8/2/2019 Telaga Air Briefing
15/21
PROJECT IMPLEMENTATION
5 YEAR DEVELOPMENT PHASES
2011 2011 2012 2013 2014 2015
PRE
INCORPORATION
MOBILIZATION PHASE
I
PHASE II PHASE III PHASE IV
Business
Proposal
Presentation
Agreement
JVCSPT, SFO,LCDA
JVCSurvey Land
Vendor Program
Entrepreneurship
Program
Investors
50 ponds 100
ponds
150
ponds
200
Ponds
Year 2012 2013 2014 2015 Total
Estimated number of
vendors
6 13 19 25 63
Estimated number of
workers
36 78 114 150 378
-
8/2/2019 Telaga Air Briefing
16/21
PROPOSED ORGANISATION CHART
Board of Directors
General Manager
Quality Control &
Supervisions
Administration
& FinanceSales & logistics
Support
-
8/2/2019 Telaga Air Briefing
17/21
FINANCIAL FORECAST ASSUMPTIONS
Assumption
1 Total number of ponds (5 years) 500
2 Number of Fishes Per Ponds 12,000
3 Number of Prawns Per Ponds 600,000
4 Survival Rate Fish 85%
5 Survival Rate Prawn 65%
6 Growing Period 8 Months
7 Fish FCR 1.80
8 Cost of Fish Fry 0.3 RM/Per Fry
9 Cost of Prawn Fry 0.012 RM/Per Fry
10 Cost of Fish Feed 2.2 RM/Per KG
11 Cost of Prawn Feed 3.9 RM/Per KG
12 Cost of Fish (350g) 4.00 RM/Per KG
13 Cost of Fish (500g) 6.00 RM/Per KG
14 Cost of Fish (800g) 8.00 RM/Per KG
15 Cost of Prawn (14g) 10.50 RM/Per KG
16 Cost of Prawn (20g) 11.10 RM/Per KG
17 Cost of Prawn (25g) 11.60 RM/Per KG
18 Sales of Fish Fry 0.40 RM/Per Fry
19 Sales of Prawn Fry 0.014 RM/Per Fry
20 Sales of Fish Feed 2.70 RM/Per KG
21 Sales of Prawn Feed 4.50 RM/Per KG
22 Sales of Fish (350g) 6.00 RM/Per KG
23 Sales of Fish (500g) 8.50 RM/Per KG
24 Sales of Fish (800g) 10.50 RM/Per KG
25 Sales of Prawn (14g) 13.50 RM/Per KG
26 Sales of Prawn (20g) 15.00 RM/Per KG
27 Sales of Prawn (25g) 16.00 RM/Per KG
-
8/2/2019 Telaga Air Briefing
18/21
5-YEAR FINANCIAL FORECASTProjected Profit & Loss 2011 2012 2013 2014 2015 2016
Revenue - fry 0 823,200 2,546,400 5,349,600 9,052,800 9,720,000
Revenue - feed 0 1,630,141 6,785,065 15,478,463 27,696,644 35,302,593
Revenue - fish 0 1,562,640 7,537,800 17,790,840 32,456,400 43,586,640
Revenue - prawn 0 4,550,520 19,393,530 42,795,675 76,490,310 95,991,480
Total Revenue 0 8,566,501 36,262,795 81,414,578 145,696,154 184,600,713
Cost & ExpensesCost of Fry 0 676,800 2,088,000 4,384,800 7,416,000 7,948,800
Feeding Cost 0 1,355,983 5,611,732 12,785,961 22,859,956 29,072,516
Cost of Fish 0 1,150,560 5,573,280 13,180,440 24,059,760 32,370,720
Cost of prawn 0 3,363,360 14,297,790 31,540,275 56,353,830 70,658,640
Salaries of Man Power (CPI = 3% ) 0 856,672 1,617,100 2,422,449 3,274,777 3,373,498
Utility - Water & Electricity 0 141,876 626,508 1,414,629 2,545,506 3,270,492
Processing fee 0 851,254 3,759,049 8,487,774 15,273,035 19,622,952Transporting 0 236,460 1,044,180 2,357,715 4,242,510 5,450,820
Depreciation 0 180,000 260,004 393,336 553,332 713,328
Repair & Maintenance 0 94,584 417,672 943,086 1,697,004 2,180,328
Miscellaneous Expense 0 960,000 1,920,000 2,880,000 3,840,000 3,840,000
Total Cost & Expenses 0 9,867,549 37,215,315 80,790,465 142,115,711 178,502,094
Earning Before Interest, Tax 0 (1,301,048) (952,520) 624,113 3,580,444 6,098,619
-
8/2/2019 Telaga Air Briefing
19/21
ROI ANALYSIS
Cash Flow from Investment Activities 2011 2012 2013 2014 2015 2016
Office Building & Staff Quarter 0 1,200,000 2,000,000 2,400,000 2,400,000 0
Consultation Fee 900,000 0 0 0 0 0
Capital 0 0 0 0 0 0Equipment 0 0 0 0 0 0
Subtotal 900,000 1,200,000 2,000,000 2,400,000 2,400,000 0
Cash Flow from Operational Activities
Earning Before Interest, Tax 0 (1,301,048) (952,520) 624,113 3,580,444 6,098,619
Depreciation 0 180,000 260,004 393,336 553,332 713,328
Subtotal 0 (1,121,048) (692,516) 1,017,449 4,133,776 6,811,947
ROI=(Subtotal NPV/ Total Investment) 23%
BENEFITS OF SOCIO ECONOMY
-
8/2/2019 Telaga Air Briefing
20/21
BENEFITS OF SOCIO ECONOMYVENDOR PROGRAM
Assist the State government in reducing unemployment rate - (create
job opportunities , train and develop skilled aquacultureentrepreneurs)
Upgrade the communitys standard of living
Localized polyculture system creating sustainable aquacultureindustryenhance the States aquaculture industry
Improve the States economy with high quality aquatic products andhigh technology downstream food processing (eg. Fish fillets)
Implement eco-friendly aquaculture system (eg. Biowastemanagement)
-
8/2/2019 Telaga Air Briefing
21/21
ACKNOWLEDGEMENTS