ANNUAL STOCKHOLDERS’ MEETING - Cebu Landmasters … · ANNUAL STOCKHOLDERS’ MEETING 2019...
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ANNUAL STOCKHOLDERS’ MEETING2019
ANNUAL STOCKHOLDERS’
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OPENING PRAYERAURORA GEOTINA-GARCIAINDEPENDENT DIRECTORCEBU LANDMASTERS, INC.
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PRESIDENT, CHARIMAN & CEOCEBU LANDMASTERS, INC.
JOSE SOBERANO III
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APPROVAL OF THE MINUTESOF LAST YEAR’S ANNUAL STOCKHOLDER’S MEETING
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CFO’s ReportStephen Tan
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OUTSTANDING 2018 FINANCIAL PERFORMANCE CONSOLIDATED NET INCOME GREW 72%
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ASSETS ALMOST DOUBLED, TO P 25.4B AS CLI CONSOLIDATES SUBSIDIARIES WITH HIGH VALUE ASSETS
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YEAR-END 2018 CASH POSITIONALIGNED WITH NORMAL CLI BUSINESS CYCLE
ANNUAL STOCKHOLDERS’
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CFO’S REPORT
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Q1 2019 UPDATESB. GRANT L. CHENGDEPUTY CFOCEBU LANDMASTERS, INC.
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NET INCOME TO PARENT GREW 23%SOLID START FOR 2019
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CONSOLIDATED SALES REMAIN STRONG,HIGHER BY 27% MAINLY FROM PREMIER SERIES
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BALANCE SHEET DRIVEN BY GROWTH IN RECEIVABLESAS MORE PROJECTS
ARE BEING COMPLETED
AND READY FOR
TAKEOUT
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ANNUAL STOCKHOLDERS’
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COO’s ReportJose Franco Soberano
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CLI -FASTEST GROWING AND LEADINGLOCAL DEVELOPER IN VISAYAS-MINDANAOSantos Knight Frank study 2017
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STEADY INCREASE IN LANDBANKTO SUPPORT EXPANSION PLANS
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PROJECTS LAUNCHED IN 2018
percentage sold (phase 1)88%
RESIDENTIAL
percentage sold (phase 2)65%
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PROJECTS LAUNCHED IN 2018RESIDENTIAL
percentage sold95%
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PROJECTS LAUNCHED IN 2018RESIDENTIAL
percentage sold88%
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PROJECTS LAUNCHED IN 2018RESIDENTIAL
percentage sold94%
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PROJECTS LAUNCHED IN 2018RESIDENTIAL
percentage sold (phase 1)92%
percentage sold (phase 2)68%
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percentage sold100%
PROJECTS LAUNCHED IN 2018RESIDENTIAL
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PROJECTS LAUNCHED IN 2018RESIDENTIAL
percentage sold99%
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PROJECTS LAUNCHED IN 2018RESIDENTIAL
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PROJECTS LAUNCHED IN 2018HOTEL
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PROJECTS LAUNCHED IN 2018MIXED-USE
the paragon davao
ANNUAL STOCKHOLDERS’
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PROJECTS LAUNCHED IN 2018TOWNSHIP
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38 Park AvenueCebu
MesaTierra Garden ResidencesDavao
Casa Mira South Ph 2Cebu
ONGOING CONSTRUCTION
MesaVirre Garden ResidencesBacolod
Latitude Corporate CenterCebu
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Casa Mira South Ph 2Cebu
ONGOING CONSTRUCTION
Mivesa Garden ResidencesCebu
MesaVerte Garden ResidencesCDO
Villa Casita BogoCebu
Astra CenterCebu
Casa Mira CoastDumaguete
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MesaVerte Garden ResidencesCDO
Casa Mira Towers LabangonCebu
Casa Mira South Ph 1Cebu
Baseline PremierCebu
TO TAKEOUT PHP 6B WORTH OF PROJECTS
ONGOING TURNOVER
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APPROVAL OF COO’S REPORT
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CHAIRMAN’s ReportJose Soberano III
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OUTSTANDING FINANCIAL PERFORMANCEIN 2018
KEY HIGHLIGHTS
CONSOLIDATED REVENUES UP
72%, TO P 6.76 BILLION
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OUTSTANDING FINANCIAL PERFORMANCEIN 2018
CONSOLIDATED NIAT GREW
72%, to P 2.17 Billion
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OUTSTANDING FINANCIAL PERFORMANCEIN 2018
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PARENT NIAT AT P 1.67 BILLION, GREW
30% Y-O-Y
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DECLARED P0.20 DIVIDEND PER SHARE - PAID OUT LAST APRIL 24
KEY HIGHLIGHTS
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CLI STOCK PRICEGROWING MARKET CONFIDENCE
5.05
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2019SUSTAINING GROWTH AND EXPANSION
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INCREASE RESERVATION SALES FROM NEW PROJECT LAUNCHES
28%
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25%
INCREASE CONSOLIDATED REVENUES FROM ON-GOING DEVELOPMENTS
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20%
20%
INCREASE NET INCOME BY 20%
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STRENGTHEN VISMIN LEADERSHIPLAUNCH 29 NEW PROJECTS WITH 25 BILLION WORTH OF REAL ESTATE SALES
TO ADD 7,517 CONDOMINIUM UNITS TO SELL 111 HECTARES OF HOUSE & LOT PACKAGES
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STRENGTHEN VISMIN LEADERSHIPLAUNCH 29 NEW PROJECTS WITH 25 BILLION WORTH OF REAL ESTATE SALES
TO INCREASE TO 1,223 HOTEL ROOMS TO INCREASE TOTAL GLA TO 159, 323 SQM
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BUILD -UP RECURRING BUSINESSTO GROW GLA TO 200,00 SQM BY 2023
Gross Leasable Area (in sqm)
Q1 2019GLA: 10,110 sq.m• RETAIL: 5,551 sq.m.• OFFICE: 4,559 sq.m.
GLA under construction: 70,939 sq.mFor completion: 5,774 sq.m.GLA to be launched: 78,274 sq.m.
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TOTAL HOTEL ROOMS
Q1 2019 Launched: Citadines Paragon | 263 rooms
For completion: Citadines Cebu City | 180 roomsRooms under construction: 750 roomsRooms to be launched: 736 rooms
BUILD -UP RECURRING BUSINESSTO OPERATE 1,103 HOTEL ROOMS BY 2023
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ANNUAL STOCKHOLDERS’
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BUILDING A MASTERPIECE AT A TIME
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APPROVAL OF THE CHAIRMAN’S REPORT
ANNUAL STOCKHOLDERS’
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AUDITED FINANCIAL STATEMENTS
ANNUAL STOCKHOLDERS’ MEETING2019
ANNUAL STOCKHOLDERS’
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ALL ACTS OF THE BOARD OF DIRECTORS IN 2018
ANNUAL STOCKHOLDERS’
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RATIFICATION OF ALL ACTS OF THE BOARD OF DIRECTORS IN 2018
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RATIFICATION OF ALL ACTS OF THE BOARD OF DIRECTORS IN 2018
ANNUAL STOCKHOLDERS’
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RATIFICATION OF ALL ACTS OF THE BOARD OF DIRECTORS IN 2018
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ANNUAL STOCKHOLDERS’
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RATIFICATION OF ALL ACTS OF THE BOARD OF DIRECTORS IN 2018
ANNUAL STOCKHOLDERS’
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ELECTION OF THE BOARD OF DIRECTORS FOR 2019 TO 2020
ANNUAL STOCKHOLDERS’
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ELECTION OF THE BOARD OF DIRECTORS FOR 2019 TO 2020
NOMINEESJose R. SoberanoIIIMa. Rosario B. SoberanoJose Franco B. SoberanoJoanna Marie Soberano-BergundthalStephen A. TanBeauregard Grant L. ChengRufino Luis T. ManotokMa. Aurora D. Geotina-GarciaAtty. Ma. Jasmine S. Oporto
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APPOINTMENT OF INDEPENDENT AUDITORS FOR THE FISCAL YEAR 2019
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ANNUAL STOCKHOLDERS’
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THANK YOU
ANNUAL STOCKHOLDERS’ MEETING2019