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DIALOG GROUP BERHAD Corporate Presentation Mar 2017

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DIALOG GROUP BERHAD

Corporate Presentation

Mar 2017

Corporate Presentation 27/03/2017 Strictly Business Confidential 2

About Us

A LEADING INTEGRATED

TECHNICAL SERVICES

PROVIDER FOR THE OIL,

GAS & PETROCHEMICAL

INDUSTRY

1984 Founded

RM8.8bil Market Capitalisation (as at 24 Feb 2017)

9 Countries

2,500 Employees

Corporate Presentation

Core Services & Strategic Outlook

27/03/2017 Strictly Business Confidential 3

Midstream

Downstream

Upstream

Logistics Assets & Services – Tank Terminals & Supply Base

Upstream Assets & Services

OUR INVESTMENTS

OUR INVESTMENTS

OUR INTEGRATED TECHNICAL SERVICES

Engineering, Procurement, Construction & Commissioning Specialist Products & Services Plant Maintenance & Catalyst Handling Services Fabrication ePayment Technology & Solutions

Corporate Presentation

Logistics

27/03/2017 Strictly Business Confidential 4

Long Term Recurring Income

Leveraging on our Integrated

Services

Owner / Operator Long Term Sustainable

Income

Tank Terminals, LNG Facilities & Supply Base

Kertih Centralised Tankage Facilities (KTSB)

Langsat Tank Terminals Facility

Malaysia

Jubail Offshore Supply Base

Pengerang Terminal SPV 1 & 2

Pengerang LNG Facilities

Corporate Presentation

Kertih Centralised Tankage Facilities (KTSB)

27/03/2017 Strictly Business Confidential 5

400,000 m3

Storage Capacity Take or Pay Concept

3.2 mil m3

Throughput 88% Guaranteed by Users

20 years Agreement with Users

Chemicals, Petrochemical Feed Stock Products, Petroleum Products, By- Products

Handling Storage Distribution USERS (20 Years Agreement):

Petronas Chemicals Ammonia Sdn Bhd,

Petronas Chemicals Olefins, Glycols &

Derivatives, Petronas Chemicals

Aromatics Sdn Bhd, BP Petronas Acetyls

Sdn Bhd.

SERVICES

DIALOG 30%

Vopak 30%

Petronas 40%

Corporate Presentation

Langsat Tank Terminals Facility

27/03/2017 Strictly Business Confidential 6

647,000 m3

Storage Capacity

Term Agreement

30 years Concession

50 acres Land Area

Puma Energy Asia Pacific BV

(Trafigura)

Centralised Terminals Sdn Bhd

Langsat Terminal (One) Langsat Terminal (Two)

55% 45%

20% 80%

• Global energy trader

• One of the largest independent oil trader

• USD127.6 billion Group Turn Over (FY2014)

• USD39.6 billion Total Assets (FY2014)

• 167 offices in 58 countries worldwide

Petroleum Products & By-Products

Storage Blending Distribution

SERVICES

Corporate Presentation 27/03/2017 Strictly Business Confidential 7 27/03/2017 Strictly Business Confidential 7

500 acres To be reclaimed

Deepwater (24 metres) Jetty facilities capable of handling VLCCs and ULCCs

Sheltered Harbor

Pengerang Deepwater Terminal & LNG Terminal

600 acres

SPV1

SPV3-LNG SPV4

SPV2

Future

Buffer Industrial Land

Tg Kapal

Tg Ayam

DIALOG Fabricator Pengerang

Facility (DFPF)

320 acres reclaimed to date 180 acres to be reclaimed

Buffer land and Industrial Estate

Corporate Presentation

Pengerang Independent Terminal (SPV1)

27/03/2017 Strictly Business Confidential 8

Pengerang Terminals Sdn Bhd

Pengerang Independent Terminals Sdn Bhd

51% 49%

90% 10%

• World’s Largest Independent Tank

Storage Service Provider

• Operates in 28 Countries

• 78 Terminals Worldwide

• Total storage capacity of 33.5 million

cubic metres

• Annual Turnover EUR1.32 billion

(FY2014)

Johor State (S.S.I)

Vopak

Six Berths

150 acres Land Area

RM2 bil Value

1.3 mil m3

Storage Capacity

Crude Oil & Petroleum Products

Storage Blending

SERVICES

Distribution

1.0 mil m3

Available For Expansion

Corporate Presentation

Pengerang Deepwater Terminal – Pengerang Terminals (Two) (SPV2)

27/03/2017 Strictly Business Confidential 9

40% 10%

Johor State (S.S.I)

PRPCUF (Petronas)

25%

Pengerang Terminals (Two) Sdn Bhd

Shareholders Agreement Signed on 19 Dec 2014

Dedicated Industrial Terminal for Refinery and Petrochemical Integrated Development (“RAPID”) Complex

25%

RM 5.5 bil EPCC by Dialog

157 acres Land Area

RM 6.3 bil Value

2.1 mil m3

Storage Capacity

Crude Oil, Petroleum, Chemical & Petrochemical Feedstock, Products and By-Products

Handling Storage

SERVICES

Distribution 12 berths

BY 2019

Target Completion & Commissioning

Artist’s Impression

*

* Approximate

*

*

Corporate Presentation

Pengerang Deepwater Terminal – Pengerang LNG (SPV3)

27/03/2017 Strictly Business Confidential 10

65% 10%

Johor State (S.S.I)

Petronas Gas

25%

Pengerang LNG (Two) Sdn Bhd

Shareholders Agreement Signed on 14 Nov 2014

Liquefied Natural Gas (LNG) Regasification Facilities

One unit of Regasification Unit

3.5 mil metric tonnes p.a. Initial Send Out Capacity

RM2.7 Bil Project Value

Two units of 200,000 m3 LNG Storage Tanks

RM1.5 Bil EPCC by various contractors

END 2017

Target Operations Supplied to Pengerang Integrated Complex

Can be Injected Into Peninsular Gas Utilisation Pipeline System

*

* Approximate

*

Corporate Presentation

Jubail Offshore Supply Base

27/03/2017 Strictly Business Confidential 11

Vessels Call & Berthing

Offshore Operation Support Vessels

Crew Change

Imported Materials & Supplies – Stored, Assembled & Prefabricated

Single-point Interface with

Relevant Authorities

Bunker Fuel & Potable Water

Offshore Facilities Equipments for

Repair & Maintenance

Central Life Raft Inspection & Buoy Maintenance Centre

4.54 hectares Land Area

Centralised Integrated Offshore Supply Base

SERVICES

Corporate Presentation

DIALOG Upstream

27/03/2017 Strictly Business Confidential 12

Mature Fields

BAYAN Oilfields Services Contract (OSC)

Mature Fields

D35 / D21 / J4 Production Sharing Contract (PSC)

JV Company

JV Partners

DIALOG Interest

Project Duration

Work Scope

Halliburton Bayan Petroleum Sdn Bhd Unincorporated

50% 20%

24 years 20 years

Enhance the recoverable reserves over the Bayan

Fields through:- Production Enhancement Activities,

Oil Development and Prospect Appraisal

Field re-development and enhancement of oil

recovery to commercially encourage progressive

incremental oil development over full life of PSC

Asia Energy Services Sdn Bhd

50%

E&P Malaysia Ventures Sdn Bhd

30% 40% 10%

Production Company in Mature Fields

Bayan

D35 PSC

Corporate Presentation 27/03/2017 Strictly Business Confidential 13

Integrated Technical Services

Specialist Products & Services

Engineering, Procurement, Construction & Commissioning

Plant Maintenance & Catalyst Handling Services

Fabrication

ePayment Technology & Solutions

Corporate Presentation

Specialist Products & Services – Selected Customers Profile

27/03/2017 Strictly Business Confidential 14

Base Oil Solid Expandable Tubular (SET™)

Swellable Elastomers

Catalyst

PETRONAS

SHELL

EXXON MOBIL

NIPPON OIL

TALISMAN

CARIGALI HESS

PETROFAC

MURPHY OIL

BHP

NEWFIELD

CPOC

TOTAL

MALAYSIA

PETRONAS

ESSAR OIL

TWINZA OIL

PTTEP MYANMAR

MYANMAR

CHEVRON

PTTEP

CAMBODIA

PTTEP

COASTAL ENERGY

CHEVRON

STAR PETROLEUM

ESSO SRIRACHA

PTTAR

THAI OIL

THAILAND

PETROVIETNAM

CARIGALI VIETNAM

VIETSOVPETRO

VIETNAM

CHEVRON

SHELL CHINA

PETROCHINA

SINOPEC

CNOOC

CHINA

SHOWA SHELL

JAPAN

PERTAMINA

CONOCOPHILLIPS

BP TANGGUH

CHEVRON

VICO

PT BAKER HUGHES

PT BAROID

PT TRIGUNA

PETROCHINA

TALISMAN

KALTIM 5

NIKO RESOURCES

INDONESIA

ONGC

CAIRN ENERGY

OILEX LTD

HOEC

INDIA

SEIC

RUSSIA

CHEVRON

BRAZIL

HALLIBURTON OMAN

RAK PETROLEUM

MI GULF SERVICES

MI SWACO

DUBAI PETROLEUM

DNO

PETROLEUM DEV OMAN

MIDDLE EAST

SABIC

CHEVRON

GULF FARABI

SAHARA PETROCHEM

HALLIBURTON

ARAMCO

SAUDI

CHEVRON

BANGLADESH

CAIRN ENERGY

SRI LANGKA

ANADARKO

SHELL

BRITISH GAS

ANA INDUSTRIES LTD

AP OIFIELD

MI SWACO

AFRICA

HALLIBURTON

MI DRILLING

BAKER HUGHES

CHEVRON

APACHE

EXXON MOBIL

HESS

SHELL

AUSTRALIA

SHELL

TAG OIL

NEW ZEALAND

GREYMOUTH PETROLEUM

CHILE

Corporate Presentation 27/03/2017 Strictly Business Confidential 15

Our Technology Partners

27/03/2017 Strictly Business Confidential 15

Corporate Presentation

Plant Maintenance & Catalyst Handling Services

27/03/2017 Strictly Business Confidential 16

Corporate Presentation

Plant Maintenance & Catalyst Handling Services

27/03/2017 Strictly Business Confidential 17

Diagnostic Inspection Services Plant Revamp, Rejuvenation & Debottlenecking Tower & Tray Repair & Upgrade Turnaround & Shutdown Mechanical Specialist Services Long Term Maintenance Services Catalyst Handling Services Tank Cleaning

Efficiency

Environment

Quality

•Minimum Inert Entry

•Reduced Attrition

•Zero Dust Emission

•Speed 200 litre drum/

minute

•Reduce Catalyst

Handling Duration

Safety

Cost Productivity

CATALYST

UTILISATION

Corporate Presentation

Engineering, Procurement, Construction & Commissioning

(EPCC)

27/03/2017 Strictly Business Confidential 18

Corporate Presentation 27/03/2017 Strictly Business Confidential 19

EPCC: Pengerang Terminal Project

Overall Site View Oct 2016

Corporate Presentation 27/03/2017 Strictly Business Confidential 20

EPCC: Langsat Bitumen Terminal Project

Corporate Presentation

Fabrication

27/03/2017 Strictly Business Confidential 21

Fabrication Yard & Workshop Facilities

Corporate Presentation

Fabrication

27/03/2017 Strictly Business Confidential 22

Fabrication, Skid, Vessel Design & Build

Advanced Composites Fiberglass Piping System

Heavy Engineering Fabrication (Offshore)

Brisbane New Zealand Gebeng Labohan Nilai Pengerang Singapore

1. Pengerang

2. New Zealand

3. Nilai

4. Singapore

5. Gebeng

6. Labohan

7. Brisbane

1 2 3

4 5 6 7

Corporate Presentation

DIALOG’s Global Presence

27/03/2017 Strictly Business Confidential 23

MALAYSIA SINGAPORE

INDONESIA

AUSTRALIA

NEW ZEALAND

CHINA

SAUDI ARABIA

UNITED ARAB EMIRATES

Reaching Out To The World 9 Countries & Worldwide Client Network

Offices

Customer Network

THAILAND

Corporate Presentation 27/03/2017 Strictly Business Confidential 24

Financials Financials

1,208.4

1,633.8

2,237.2 2,551.7

2,358.2 2,534.5

160.1

181.8 185.3

228.8

285.3

301.3

0

50

100

150

200

250

300

350

0

500

1,000

1,500

2,000

2,500

3,000

2011 2012 2013 2014 2015 2016

Rev

en

ue (

RM

’millio

n)

Revenue Profit After Tax

Revenue and Profit After Tax

64% 36% Revenue Generated inMalaysia

Revenue Generatedfrom Overseas

Global Revenue Mix

Pro

fit Afte

r Tax (R

M’m

illion

)

RM0.92 bil RM1.61 bil

Revenue: RM 2.53 billion

Growth in Shareholders’ Equity

583.1

1,193.6 1,352.4

1,559.5 1,979.8 2,414.7

28.7

19.9

15.2 14.8 15.5 13.4

0

5

10

15

20

25

30

35

0

500

1,000

1,500

2,000

2,500

3,000

2011 2012 2013 2014 2015 2016

Shareholders' Equity Return on Shareholders' Equity

Sh

are

ho

lders

’ E

qu

ity (

RM

’millio

n)

Av

era

ge R

etu

rn o

n S

hare

ho

lders

’ E

qu

ity (“

RO

E”)(%

)

Average ROE for the last 5 years: 15.8%;

FY2016’s ROE: 13.4%

Balance Sheet

Balance Sheet

(RM’mil)

Audited

As At

30.06.2016

Cash & Bank Balances 944

Borrowings 875

Total Assets 4,136

Shareholders’ Equity 2,415

Gross Gearing Ratio (times) 0.4

Net Gearing Ratio (times) Net Cash

Corporate Presentation

Dividend Records

27/03/2017 Strictly Business Confidential 25 Strictly Business Confidential

1.4 1.4 2.4 4.4 5.4 6.5 10.3 11.6 16.7 18.7 20.9 22.5

32.1 37.5

54.6 61.3

74.2 79.9 81.3

113.0 116.0

29.8

35.7

71.4

0

20

40

60

80

100

120

140

160

180

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

To

tal

Div

iden

d (

RM

’millio

n)

Net Cash Dividend Payment Special Share Dividend

Dividend Policy of 40% Payout ratio

Financial Year

RM909 million dividends paid / payable since IPO in 1996 to FY2016

20-Year Compounded Annual Growth Rate

25%

50.7

73.2

152.7

Enhancing Shareholders’ Value 1996 to 2016

Financial

Year Particulars

New Shares

Issued to a

Shareholder

Free Warrants

Allotted

Cumulative Number

of Shares Held by a

Shareholder

Cost of Investment

of a Shareholder

1996 Initial Public Offer (“IPO”) at RM2.75 per share 1,000 RM2,750

2000 Bonus issue: 4 for 5 800 1,800

2000 Bonus issue: 2 for 3 1,200 3,000

2001 Bonus issue: 2 for 5 1,200 4,200

2002 Bonus issue: 1 for 5 840 5,040

2004 Bonus issue: 1 for 5 1,008 6,048

2004 Share split of 1 into 10 - 60,480

2006 Special share dividend: 1 for 50 1,209 61,689

2009 Special share dividend: 1 for 50 1,233 62,922

2010 Bonus issue: 2 for 5 25,168 88,090

2012 Rights Issue at RM1.20 : 2 for 10 17,618 8,809 (1 for 10) 105,708 RM21,142

2014 Special share dividend : 1 for 125 845 70 106,553

2014 Bonus issue: 1 for 1 106,553 8,879 213,106

Total Investment RM23,892

RETURN TO SHAREHOLDERS

Market value of shares and warrants held as at 30 September 2016

( plus RM37,689 dividend received from 1996 to 2016 )*

RM354,151

Total returns over 20 years (gross) 1,382%

Compounded annual growth rate from IPO in 1996 to 2016 31%

* Closing price as at 30 September 2016 is RM1.46 per ordinary share and RM0.30 per warrant

Corporate Presentation

The Six Pillars of Success

27/03/2017 Strictly Business Confidential 27

Our Cultures & Values

People - Passion & Commitment

Corporate Services Group

Centralised Services Group

Business Unit Group

Strategic Business Group

Business Structure

Technology & Partners

Financial Strength

Reputation & Track Records

Risk Management

Market Timing

27/03/2017 Strictly Business Confidential 28

DONATION

RM 1.00

Welfare Programmes In Malaysia

27/03/2017 Strictly Business Confidential

29

Current Situation

Poor & Needy Welfare

Organisations

Donors

Donors MAY NOT KNOW:

MyKasih Programme – Welfare Aid With A Difference

•Our technology ensures your DONATIONS reach TARGETED recipients in FULL.

•Recipients PURCHASE selected FOOD ITEMS using MYKAD.

Donors Poor & Needy

?

?

DONATION

RM 1.00 RM 1.00

+

NGO

Mission

27/03/2017 Strictly Business Confidential 30

Help the Poor & Needy by

•Providing Aid for Selected Food Items

•Teaching Financial Literacy & Budgeting Skills

•Providing Tuition & Job Training to The Children

To Break the Poverty Circle

Poor & Needy NGO (e.g. Lions Club, Rotary

Club & local NGOs)

MyKasih Solution

27/03/2017 Strictly Business Confidential 31

MyKasih programme uses technology to provide an effective & efficient delivery solution

with audit trails to help Welfare & Charity Organisations to ensure the maximum value of

donations reach the targeted group

Solution and

Technology

MyKasih

Distribution Centres (e.g. Petrol Stations,

Hypermarkets)

Identify the

Poor & Needy

Donors Corporation & Individuals

Purchase selected

food using

MyKad

Settlement & Payment

Consumption Report

Database

DONATION

RM 1.00

RM 1.00

Scalability & Reach

27/03/2017 Strictly Business Confidential 32

Internet

Solution and

Technology

MyKasih

Smartcard

MyKad

OR

Smartcard

MyKad

OR Smartcard MyKad

OR

Smartcard MyKad

OR

Internet

Welfare Programme can be extended to the community anywhere in the world as long

as there is a phone line or satellite connectivity

27/03/2017 Strictly Business Confidential 33

Compounded Growth: Total Families Aided

Thank You

www.dialogasia.com