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TEE International Limited Shareholders’ Update 29 September 2015

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Page 1: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

TEE International Limited

Shareholders’ Update

29 September 2015

Page 2: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Business Overview

Page 3: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

TEE Group

3

• Regional Engineering, Real Estate & Infrastructure group• Listed on SGX Mainboard – Market cap ~ S$108M• Established track record for large-scale, high value engineering & mission-critical projects• Core engineering specialisation to grow complementary real estate & Infra projects

INFRASTRUCTUREENGINEERING REAL ESTATE

• Integrated engineeringsolutions provider

• Specialises in M&E engineering and Building & Construction

• 71.1% of total revenue

• TEE Land Limited:63.2% owned subsidiary listed on SGX Main board in Jun 2013

• Regional real estate developer

• 27.6% of total revenue

• Invests in infrastructure assets & businesses relating to water, power & infocommunications

• Owns 42.1% of CMC Infocomm

• 1.3% of total revenue

Page 4: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Strategic Focus

4

Regional total solutions provider in Asia-Pacific

Focus on building business excellence

Partner of choice that delivers value

Our Goals

Integrated Platform

Engineering

Infrastructure Real Estate

Business synergies from core engineering fundamentals

Our Regional Footprint

Strengthening foothold in overseas market

Building on business excellence for growth

Human Capital

Value Creation

Business Quality

GROWTH

Singapore Malaysia

Thailand Philippines

Hong Kong Australia

New Zealand

Page 5: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Engineering Business

Page 6: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Engineering Business

6

Operating model

Solicitation of tender

Appointment of sub-contractorsand suppliers

Award of contractor

Pre -tender costing and budgetary evaluation

Formation of project team

Construction/Installation

Variation orders andhand - over of project

Maintenance worksafter handover

Mechanical & Electrical (M&E) Engineering

Undertakes large-scale complex engineering, infrastructure-related projects.

• Electrical, Air Conditioning & Mechanical Ventilation

• Plumbing & Sanitary

• Fire Protection

• Extra Low Voltage

• Integrated Building Management System and Plants & Processes

Building & Construction

Provides turnkey solutions including general building and Addition & Alteration works for commercial, industrial and institutional buildings.

• Sub Structure

• Super Structure

• Civil

• Architecture

• Interior Decoration

Engineering Services

Page 7: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Notable Projects

7

Procter & Gamble InternationalOperations SA Singapore BranchContract Value: S$60.0M

Marina Bay SandsIntegrated ResortsContract Value: S$161.2M

Asia Square Tower 1Contract Value: S$127.0M

NTU – Cleantech Park 1Contract Value: S$13.2M

Raffles Education CentreContract Value: S$11.8M

Junction 8 Shopping CentreContract Value: S$10.3M

Corporation PlaceContract Value: S$12.8M

Ang Mo Kio MRTContract Value: S$12.0M

Page 8: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Notable Projects - Ongoing

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Marina OneContract Value: S$142.2M

Changi Airport GroupContract Value: S$86.1M

Tampines HubContract Value: S$33.0M

Frasers TowerContract Value: S$43.9M

Sands ChinaThe Parisian MacaoContract Value: S$60.0M

MDIS – Educity@IskandarContract Value: S$70.0M

Centrepoint Shopping CentreContract Value: S$30.0M

Total Unfulfilled

Order book of

S$455M

Page 9: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Real Estate Business

Page 10: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Real Estate Business

10

Business Mandate

Our Value Proposition

Our Operating Model

Track Record

Residential property development projects pre-dominantly freehold in tenure, targeted at middle-to-high income consumers who value exclusivity

Engaged in commercial and industrial property development Acquiring a portfolio of recurring income generating

properties

Partnerships

Property Development Property Investment

Assessment of viability and profitability of proposed

project

Completion and hand-over

Appointment of consultants and contractors

Acquisition of land site/project (100% or joint venture)

Sales and marketing strategy customized for each individual

project

Build up on the Group’s investment portfolio to

maintain a strategic balance between property

development business and property investment

business

Invest in recurring income-generating assets with

redevelopment potential for acquisition

Assessment of feasibility, viability and potential capital

appreciation

• Regional real estate developer with an established track record • Geographical presence in Singapore, Malaysia, Thailand, Australia, and New Zealand • Listed on SGX Mainboard – Market cap ~ S$90M

Page 11: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Real Estate Business

11

THAILAND

8 Chewathai RBF 2

Chewathai Interchange

Chewathai Residence Bang Pho

Hallmark Chaengwattana

Hallmark Ngamwongwan

The Surawong

Chewathai Ramkhamhaeng

Chewathai RBF 1

VIETNAM

1 Peach Garden

SINGAPORE

15 The Boutiq

Rezi 26

Sky Green

Palacio

The Peak @ Cairnhill I

The Peak @ Cairnhill II

Rezi 3Two

Trio

Hexacube

Floraville

NEWest

TEE Building

Hilbre28

Upper Thomson Road

Mountbatten Edge

AUSTRALIA

2 Quality Hotel CKS Sydney Airport

Larmont Sydney

NEW ZEALAND

2 Workotel @ Riccarton

Thistle Guesthouse

MALAYSIA

1 Third Avenue, Cyberjaya

Page 12: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Real Estate Portfolio

12

RBF 1 - Chewathai Rezi3Two 91 Marshall Workotel

Third Avenue Chewathai Interchange Quality CKS Sydney Airport Hotel

The Peak @Cairnhill II

Page 13: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Infrastructure Business

Page 14: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Infrastructure Business

14

Operating Model

Page 15: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Infrastructure Business

15

GETCO - Waste water treatment plant in ThailandTotal Capacity of 350mil litres per day

CMC InfocommA regional integrated and innovative communications solutions and services provider

PowerSource PhilippinesDistributed Power Holdings

Facility manager of affordable housing in Thailand

Page 16: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Building Recurrent Income

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GETCO - Waste water treatment plant in Thailand

NORDAM – Investment property in Singapore

Facility manager of affordable housing in Thailand

Workotel in New Zealand

Hotels in Australia

Total Recurring Revenue of S$16.6M in FY2015

Page 17: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Competitive Strengths

Page 18: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

Competitive Strengths

18

Established & Proven Track Record

Integrated Engineering Services

Focus on Customers’ Needs, Quality &Safety

Established Relationships with Market Players & Suppliers

Dedicated & Experienced Management Team

1

2

3

4

5

Page 19: TEE International Limited Group... · TEE Group 3 •Regional Engineering, Real Estate & Infrastructure group •Listed on SGX Mainboard –Market cap ~ S$108M •Established track

End