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CORPORATE UPDATE PT MNC Investama Tbk

January 2020

Disclaimer

2

This material has been prepared by PT MNC Investama Tbk (the "Company") and is only for internal usage. By attending this presentation, you are agreeing to be bound by the restrictions set out below. Any failure to comply with these restrictions may constitute a violation of applicable securities laws.

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In addition, the information contained in this presentation contains projections and forward-looking statements that reflect the company's current views with respect to future events and financial performance. These views are based on a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the company and its directors. No assurance can be given that future events will occur, that projections will be achieved, or that the company's assumptions are correct. Actual results may differ materially from those forecast and projected.

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1. Corporate Overview

2. Media

3. Financial Services

4. Lifestyle Property, Hospitality & Entertainment

5. Corporate Financial Highlights

4

MNC Investama Key Investment Highlights

MNC Media MNC Financial

Services MNC Land

Content & Advertising Based Media

☑ Four National Free To Air TV with the largest audience share of 40% and ad-spend share of 45%. Launched its streaming (OTT) service called RCTI+.

☑ 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.

☑ Granted MCN (Multi Channel Network) license by YouTube and generating the largest number of views with more than 2.5 billion views monthly from its own content (excluding 3rd parties content).

☑ Owning the largest sites called Okezone (#1 above Google #2) and Sindonews (#6) based on Alexa measurement. Okezone has more than 19 million UV daily and is ranked #27 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, and fintech.

☑ 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 lifestyle property, hospitality and entertainment 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 Lifestyle Property) 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

5


2. Media




Macro Drivers Support Industry Growth

7

Source : Indonesian bureau of statistic 2019 report

Population & Real GDP (US$) (2018) *

5 4.9 5 5.1

5.3

5.5 5.5 5.5 5.5

2014 2015 2016 2017 2018 2019 2020 2021 2022

Indonesia Growth of Real GDP (%)

• A large & young population, 226mn

people below age of 54; growing by 3

to 4 Million people every year for the

next 15 years

• A rising middle class group will grow

the advertising expenditure in line

with GDP growth

• A stronger growth will be driven by

more robust private investment

activities and acceleration of

infrastructure development

What are the macro drivers?

27% 17%

43%

8% 6%

0 - 14 15 - 24 25 - 54 55 - 64 65+

A Young Population (2018)

265

107 95

69 32 6

1,148,253

323,680 186,326 437,515 383,304

319,915

0

50

100

150

200

250

300

Indonesia Philippines Vietnam Thailand Malaysia Singapore

Population US$ Real GDP

* In Millions

8

The Largest Fully Integrated Media Company in Southeast Asia

DIGITAL FREE-TO-AIR TV CONTENT

CONTENT LIBRARY

Content library contains more than 300,000 hours and

increasing by more than 23,000 hours per year

PRODUCTION (Short – Mid – Long Form) ENTERTAINMENT

INFORMATION & SPORTS

Entertainment FTA focusing on family audience

Largest news TV and provide news programs to the Group’s 3 entertainment FTA

• RCTI +

• Digital content (original content, library)

• MCN

• News portal

• Digital broadcast

• Radio Aggregator Apps

• User Generated Content (UGC)

64%

PUBLIC

36%

TALENT MANAGEMENT

The biggest talent management company in Indonesia with

more than 380 talents under exclusive contract

Indonesia Advertising Market Share

• Given the infrastructure constraint, TV is the only medium to reach a mass audience.

• TV advertising is expected to maintain a dominant market share

• A more stable economic growth will boost ad spend, TV advertising should trend at a

5% CAGR between 2017-22 • 94% smartphone penetration among online users, grew from 40% in 2013.

9

2018

2022

TV; 64%

Internet; 16%

OOH; 2%

Print; 16% Radio; 2%

TV; 62%

Internet; 25%

OOH; 2%

Print; 10%

Radio; 1%

-

5.000.000

10.000.000

15.000.000

20.000.000

25.000.000

30.000.000

35.000.000

40.000.000

2015 2016 2017 2018 2019 2020 2021 2022

TV Internet Print & Related Other

Indonesia Advertising – By Media (in Rp Mill)

Source : MPA 2018 report, adjusted

The Largest Audience Share & FTA TV Advertising Market Share

10

• MNCN continued to produce top drama series and successfully fulfilled demand on high quality Indonesian culture-based entertainment

Source : Nielsen Prime Time FY-2019

• MNC Group dominates Advertising market share amongst all FTA TV Stations in the nation

• Content is the only way to capture audience share and monetize advertising dollars

• MNC sells different forms of advertising from filler TVC, built-in, virtual ads, mobile ads and other creative ads

Indonesia FTA TV Advertising Market Share

MNCN Audience Share 2008 – 2019*

37 39 40 43 43 45

26 28 28 24 26 24

18 14 12 12 10 10

14 14 15 17 15 13

4 4 4 4 4 4 0 0 1 1 1 0

2014 2015 2016 2017 2018 9M-2019

MNC Group Emtek Group Trans Corp Viva Group Metro TVRI

35,3 36,7 37,2 39,4

29,1

36,4

44,8

38,4 35,1

39,0

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019*

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

• Creative ads/ Non Time Consuming ads (Built-in, Virtual Ads, Squeeze Frame, etc)

• Equity Link (Air time and Content Library)

• Localized RTX* & Geo-tagging TVC*

• Digital Ads : Digital Broadcast, Social Media (including original content), Online Portal, UGC, MCN, RCTI+

TV Advertising Revenue

Conventional TVC

Virtual Advertising on Drama Series (TOP)

Squeezed Frame Advertising

Build-In Advertising

11 *will be launched soon

Content Revenue

12

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.

• Produces more than 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.

LOCAL

CONTENT

IN-HOUSE

PRODUCE

80%

95% Local Animation

Reality Program

Infotainment

Talent Search*

Drama Series* 41%

more than 80%

more than 80%

33%

32%

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)

Short, Mid, and Long Form

• Content produced in-house include Drama, Talent Search, Animation, Sitcom, Movie, Reality, Infotainment, Variety, Talk Show, News.

CONTENT

VARIETY TALENT SEARCH

DRAMA ANIMATION SITCOM REALITY INFOTAINMENT TALK SHOW NEWS

The Largest Content Producer and Library Owner

13

The Best Talent Search Program

14

Drama Series Production – Indonesia Market Share

15

41%

Sinemart 24%

Mega Kreasi 13%

Verona 6%

Tobali 5%

Cakrawala 3% Others

8%

MNC Pictures Sinemart Mega Kreasi Verona Tobali Cakrawala Others

Source: Actual On-Air, Internal Research 8M 2019.

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.

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

16

Digital Mobile/ Online Advertising Revenue

• Digital Broadcast

• Social Media (Library & original content, etc)

• Library/channel licensing to digital platform

• Online portal, UGC, MCN

• RCTI+

17

18

Digital Broadcast

Digital quiz interactive where user can answer al the questions on TV via RCTI Mobile. The

questions will be appeared in a form of template with 110 sec. The questions consist

of product knowledge from brand and program

Second Screen Quiz Interactive Second Screen Activity

Brand activation on RCTI Mobile where users can send their comments and upload their photos which inline with brand campaign

Second Screen Live Chat

Users can access live streaming on RCTI Mobile as well as having interactive with

another user using chat feature

Banner Random

Native Ads

Pre Roll A small picture on top of page with landing page

Bigger than banner, native ads are in the middle of the page. Brand can put their landing page on native ads

TVC with 15 sec duration. Pre roll will appear before the video content

Most watched Indonesia YouTube content comes from our short clips drama series

19

Source of Revenue from Youtube 1

23

11,7 10,8

8,9

3,2 3

MNCGroup

TransCorp

NET EMTKGroup

Kompas VIVAGroup

Number One YouTube TV Views & Subscribers in Indonesia

20

Source : MNC Research, as per November 2019

MNC Media vs Competitors VIEWS (IN BILLION)

MNC Media vs Competitors Subscribers

MNCN Nationwide Youtube market share:

4.91% 2.26% 2.86%

Note: Data for Youtube Indonesia Views Subscribers Video Uploads

MNC GROUP 61.090.712

TRANS CORP 28.265.219

NET 24.610.580

EMTK GROUP 21.009.380

KOMPAS 12.097.094

VIVA GROUP 12.055.259

METRO 2.009.197

RTV 3.647.877

*Including Twitter, FB, IG, the total subscribers reach over 92 million, the largest in South East Asia

Maximize Brand’s Presence Through Engaging WebSeries Ads

21


Star Hits – Leading Digital Network

22

• 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 media. • Star Hits has received MCN (Multi-Channel Network) license from Youtube in July 2019.


MCN (August - December):

• 21.6mn subscribers

• 2.4bn views

MCN + Non – MCN (2019)

• 61.1mn subscribers

• 24.1bn views

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

23

ALEXA RANKS Top Indonesian Sites

*Update Aug 30, 2019

Note : For News portal, Okezone.com is ranked #1 (20mn daily UV) and Sindonews.com #4

Welcome to RCTI+ Mobile Apps

• A spectacular extension of RCTI, MNCTV, GTV, and iNews FTA TV which is available for free via Apps (iOS & Android).

• MNC is digitally all in!

24

• Single & Multi Camera Views for Streaming

• Catch up TV

Excellent Live

Streaming

• FTA Programs - Current and Library

• Extended Content –Rejuvenated Library Content, Fresh Extended Content, and FTA Unaired Content (bloopers and behind the scene)

• Creative Contents: Quiz, Reward system, Original short & mid form content, Audition, News clips, Radio, etc

• Content Partners - (SMN & Third Party Partners)

Creative Content

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

26

IN-HOUSE PRODUCTION (hours)

No Channel Total

1 MNC News 29.878,97

2 Music Channel 22.313,00

3 Lifestyle & Fashion 15.854,25

4 Hidayah 6.957,50

5 Infotainment 3.416,50

6 Kids Channel 2.955,17

7 Travel & Homes 5.033,68

8 Soccer Channel 2.417,00

9 MNC Sport 2.055,50

10 Auto Gadget 2.224,50

Total Hours 93.106,07 Data as of August 2019

MVN produces and operates 16 pay channels from various genres for

Pay TV/IPTV/OTT viewers.

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

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

27

MNC Channels: Most Watched Pay TV channels in Indonesia

Number #1 Indonesia Pay TV Market position by 25.90% market share

(FTA Channels generate highest audiance share)

Rank Channel Share (%)

1 RCTI Pay 11.59

2 TRANS Pay 10.65

3 TRANS7 Pay 8.36

4 SCTV Pay 7.98

5 IVM Pay 7.21

6 TVONE Pay 7.07

7 ANTV Pay 6.64

8 METRO Pay 5.07

9 GTV Pay 4.33

10 MNCTV Pay 3.63

11 DISNEY JUNIOR 1.49

12 CARTOON NETWORK 1.44

13 FOX FAMILY MOVIES 1.34

14 HBO 1.33

15 FOX MOVIES 1.20

16 CNN INDONESIA 1.15

17 MNC ENTERTAIMENT 1.01

18 INEWS Pay 0.96

19 TVRI1 Pay 0.92

20 NICK JUNIOR 0.85

21 CINEMAX 0.82

22 MNC NEWS 0.82

23 BABY TV 0.82

24 DISNEY CHANNEL 0.80

25 AXN 0.80


26 FOX ACTION MOVIES 0.72

27 NATIONAL GEOGRAPHIC 0.62

28 S-ONE 0.59

29 NICKELODEON 0.53

30 DRAMA CHANNEL 0.49

31 CELESTIAL MOVIES 0.44

32 MOVIE CHANNEL 0.42

33 FOX CHANNEL 0.41

34 CCM 0.38

35 BEIN SPORTS 1 0.36

36 BERITA SATU 0.31

37 HEALTH AND BEAUTY 0.30

38 INFOTAINMENT 0.28

39 Z BIOSKOP 0.28

40 TOONAMI 0.28

41 HBO HITS 0.27

42 FOX SPORTS 2 0.27

43 HBO FAMILY 0.25

44 MNC LIFESTYLE 0.25

45 KIDS CHANEL 0.24

46 FOX CRIME 0.22

47 MUSIC CHANNEL 0.22

48 HIDAYAH 0.22

49 MNC SPORTS 0.21

50 HBO SIGNATURE 0.2


51 ASIAN FOOD CHANNEL 0.17

52 MNC SHOP TRENDY 0.17

53 DMAX 0.17

54 COMEDY CHANNEL 0.16

55 MNC FASHION 0.15

56 FOOD AND TRAVEL 0.15

57 THRILL 0.12

58 FOX LIFE 0.12

59 DISCOVERY CHANNEL 0.12

60 DIVA 0.11

61 EXTREME CHANNEL 0.11

62 FOX SPORTS 0.1

63 SOCCER CHANNEL 0.10

64 ANIMAL PLANET 0.10

65 GAMES CHANNEL 0.09

66 AUTO AND GADGET 0.09

67 PREMIERE 0.08

68 GEM 0.08

69 HOME AND LIVING 0.08

70 ANIMAX 0.07

71 IDX CHANNEL 0.06

72 CHANNEL V 0.06

73 FX 0.02

74 NGC WILD 0.01

75 TRAVEL LIVING CHANNEL0.01


1 MNC Group 25.90

2 TRANS Group 19.01

3 SCM Group 15.19

4 VIVA Group 13.71

5 FOX & Disney 8.20

6 Warner 5.74

7 METRO 5.07

8 Sony 1.54

9 VIACOM 1.38

10 TVRI 0.92

The Top 10 Pay TV

channels in Indonesia.

Source : Nielsen

28


2. Media




MNC Kapital Indonesia is the most diversified and integrated financial services groups in Indonesia with eight fully licensed operating subsidiaries, active in banking, multi-finance, leasing, securities, asset management, general insurance, life insurance and financial technology.

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

Revenue Contribution

31

• Developing an integrated online system (digitalization)

• Maximizing value creation & creating greater synergies amongst subsidiaries

• Developing Fintech infrastructure in collaboration with MNC Group

• Strengthening market penetrations & focusing on retail businesses

• Lowering acquisition cost as well as cost of funds

• Expanding our investments through organic & unorganic (mergers and acquisitions)

BUSINESS STRATEGIES

-

500.000

1.000.000

1.500.000

2.000.000

2.500.000

3.000.000

2014 2015 2016 2017 2018 9M2019

MNC Bank MNC Finance MNC Leasing MNC Sekuritas MNC Asset Management MNC Insurance MNC Life

*stand alone basis

Being part of a leading business group in Indonesia provides significant synergy potential

32

Being part of a leading business group in Indonesia provides significant synergy potential especially with the support from largest media in Indonesia with more than 98.6 million database

Key synergy potential

• Large customer base across MNC Group’s businesses

• Wide distribution network and consumer reach

• Cross-selling products within MNC Group businesses with targeted approach through data analytics

• Integration of operating platforms between subsidiaries (HR and IT operations, branches and offices)

• Joint marketing and advertising between MNC Group businesses through MNC Media arm

The largest and most integrated media group in SEA • The largest advertising based (FTA) and subscription

based media (DTH Pay-TV, Fixed Broadband and IPTV, OTT) operator, supported by the largest content and fastest growing digital asset

• Over 3.5 Million DTH subscribers (pre-paid and post-paid) and over 262 thousand FTTH/IPTV subscribers

• Strong content proposition with blue-chip advertising clients

Lifestyle Property business with residential, office and large-scale hospitality projects under development • Access to a strong network of contractors/suppliers • Large-scale hospitality developments providing

strong access to a huge potential customer base

Synergy among business units under MNC Group

Leading business group with media, lifestyle

property and financial services businesses

Transformation Towards Digital Financial Services

Designing one super app to cater all digital financial services, with integration of other MNC Group’s ecosystem and more

• Each MNC Kapital subsidiary has initiated the digitization process across its value chain

• Front-end functionality

− Digital apps to provide customers with online and mobile functionality

− To maximise user’s experience, these will be integrated into SPIN, a super fin-tech application offering e-money, e-wallet, digital remittance and digital lending.

• Middle office processes

− Functional apps for employees, agents and business partners to minimise paper exchanges and automate processes

• Back-end infrastructure

− Upgraded core banking system

− Increased bandwidth capacity

− Improved redundancy levels and connectivity in data storage and disaster recovery

MNC eBiz Banking

MNC Mobile Banking

PunyaKartu

PunyaRumah

Bang Kredit

Bursa Rumah Online

Bursa Mobil Online

MNC Trade

MNC Trade Syariah

StockRadars

MNCi Net

MNCi Mobile

Apps

e-Healthcare

e-Voucher

iLucky

Hario Apps

MNC Duit

Front-end apps

33

Spin

Super app


2. Media




MNC Land Corporate Structure

35

- Transit Oriented Development

- MNC World Gardens

- Bodogol National Park

- Residentials

- Property Management Service & Co-working

HOSPITALITY & OTHERS MNC LIDO CITY MNC BALI RESORT

HOSPITALITY

OFFICE BUILDING

APARTMENT

PROPERTY SERVICES

- High End Building

- MNC College

- BEI Surabaya

- Sindo Building

- Indovision Bali Building

- Sopodel (5 Floors)

TRUMP INTERNATIONAL LIDO

MNC WORLDTM LIDO

OTHER DEVELOPMENTS

TRUMP INTERNATIONAL BALI

Hospitality & Others

Portfolio Summary

36

Office Building Lifestyle Resort & Hospitality

Residential Entertainment Center

Total Gross

430,000 m2

NLA

346,600 m2

incld

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)

37 * 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

38


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.


Hospitality

39

40


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.

41


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.

42


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: 1st semester of 2020.

43

MNC Bali Resort

MNC Bali Resort – “World’s Paradise”

Bali as the Indonesia’s main attraction was able to attract 6.07 million foreign visitors in 2018, it grew by 6.6% annually.

Bali is consistently voted as one of the world’s best islands with the latest awards came from the DestinAsianReaders’ Choice Award (RCA) and Bali was voted as the Best Island in the World in 2017.

MNC Bali Resort sits in the heart of Bali’s magnificent southwest coast with beach access which span over 2 km. The location is approximately 26 km or an hour drive from the Ngurah Rai International Airport.

A perfect location for luxury living that offers breathtaking views of the Indian Ocean and Tanah Lot, the most sacred temple in Bali, framed by a spectacular panorama of endless sea.

Building value, delivering better portfolio. MNC Bali Resort is being redeveloped from previously Pan Pacific Nirwana Bali Resort into one of the first Trump International Resort in Asia.

The development is located in a spacious 107-hectare area in Tabanan, West Bali – one of the largest resort developments in Bali.

MNC Bali Resort

Prominent Partner - Trump

Well-known for more than 30 years of experience in luxury property across the globe, proven by some significant awards

→ Resort Awards : • U.S. News & World Report “Best Hotels in Europe” Gold Badge Winner

2018 • Scottish Hotel Awards “Scottish Hotel of the Year” 2018

→ Golf Awards : • LeadingCourses.com, Best Golf Resort in Europe (#1) 2019 • Golf Digest, World's 100 Greatest Golf Courses 2018 (Ailsa Course - #10)

Offers a unique experience

→ Trump Golf Reciprocal - a prominent Trump network in Trump Golf Club in which cover:

USA : New Jersey, New York, Florida, Virginia, Washington D.C. Outside USA : Dubai UAE, Scotland, and Ireland

and becoming the 1st Partnership in Asia with MNC Land in Lido & Bali

→ White Glove Service Trump's signature - 24/7 White Glove Service ensures Trump Residents around the world are at par with the best in the world

→ The Trump Card® Privileges Program - an exclusive access to distinguished services and benefits at Trump Hotel Collection around the world

44

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

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8

8

MNC Bali Resort

Gilimanuk

Planned Toll Road Kuta -

Gilimanuk

Pekutatan

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46

OFFICIAL PARTNERSHIP WITH:

© MNC LAND 2019. ALL RIGHTS RESERVED.

MNC Bali Resort

Trump International Resort Bali

14.3 ha

• 151 room-keys of suites

and villas

• Trump International Resort,

a 6-star Hotel providing the

Finest Expression of

Glamour, Luxury and

Service

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54 ha

• A Top Course in Asia

• 18 holes – Par 72

• Home of International Golf

Events

• Designed by Phil Mickelson

• 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

MNC Bali Resort

Trump International Golf Club Bali

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MNC Bali Resort

Trump Beach Club Bali

• The resort will also feature

a state-of-the-art Trump

Beach Club Bali designed

so as to present a 360-

degree view of the Indian

Ocean

• Total GFA: 8,397 sqm

• Planned Facilities:

1. Beach Club Restaurant ,

Swim – Up Bar, Pool Bar,

Cigar & Cognac Lounge,

Delicatessen

2. Beach Club & Deck,

Cabanas (4 rooms), VIP

Lounge, Swimming pool,

DJ booth, White sand pit,

Amphitheater

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MNC Bali Resort

Trump International Residences Bali

11 ha • 144 units of Luxury Villas

• Designed by Oppenheim

Architecture and HBA

• The villa type varies from

3BR to 5BR

2 ha • 223 units of Condo



• The condo type varies

from 1BR to 2BR

49

Welcome to..

Pride of the Nation A new city concept

MNC Lido City

picturesque 2 mountain views

surrounded by regions with a total of 72.5 million population

world-class facilities & services

In magnificent west java

most advance and integrated resort township

600-700 m above sea level, pleasant temperature 22-25C

Sizeable area of 3,000 ha

in the process of becoming a new Special Economic Zone 50

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MNC MNC Lido City

Strategic Location and Accessibility

±1 Hour Total Drive Time From Jakarta to MNC Lido City

600-700 m above the sea level

(between Mt. Salak and Mt. Gede Pangrango)

• TOLL ROADS From Jakarta, MNC Lido City can be accessed through

Jagorawi toll road and Bocimi toll road section 1.

Under construction: 1. Bocimi toll road section 2-4 connecting MNC Lido City to Sukabumi

2. Sukabumi - Bandung

• DOUBLE TRACK TRAIN Double track train development Bogor – Sukabumi was

launched in 2018 with expected completion in 2021

• AIRPORT Supporting airports: 1. Soekarno Hatta International Airport (Jakarta) 2. Halim International Airport (Jakarta) 3. Kertajati International Airport (Majalengka) 4. Cikembar Airport (Sukabumi) – under construction

• LIGHT RAIL TRANSIT Jakarta – Bogor – Depok – Bekasi

•KEK: Kawasan Ekonomi Khusus or Special Economic Zone will be awarded soon by the government, enjoying some privileges such as reduced tax rates and some other economic benefits for certain activities within the zone

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± 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)

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2

3

4

5

6

7

8

9

10

11

12

13

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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 MNC Lido City

Phase 1 Masterplan

MNC MNC Lido City

Lido Lake Resort and Convention Center

Location: Lido, Bogor approx. 60 km or an hour drive from Jakarta.

Total room keys: 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.

Supporting facilities: outbound facilities, wedding venue.

Event Space: 2 Ballrooms and 3 meeting rooms with total capacity of up to 500 pax.

Received Certificate of Excellence 2019 from TripAdvisor.

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54

1.1 ha • 125 roomkeys

• Water Leisure

Activities

• Wedding Venue

• Meeting Venue

• Ballroom

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MNC MNC Lido City

Lido Lake Resort Extension

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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

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MNC MNC Lido City

Lido Lake Development

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40 ha • 120 room-keys, 6-

star

• 24/7 lifestyle concierge

and personalized

service

• Restaurant and bar,

spa & fitness center,

meeting and

conference facilities

• Trump standard of

excellence

MNC MNC Lido City

Trump International Resort Lido


82 ha • 18 hole PGA Standard

• Presenting 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%

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MNC MNC Lido City

Trump International Golf Club Lido

58 © MNC LAND 2019. ALL RIGHTS RESERVED.


MNC MNC Lido City

Trump International Residences Lido

100 ha • 281 units of Luxury Villas



• The villa type varies from

3BR to 8BR

5 ha • 180 units of Condo



• The condo type varies

from 2BR to 4BR

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• 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

• Plus, a host of new characters from the next

generation of MNC Animation programming including Kiko™ ,️ the hit animated TV series on RCTI

• 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 such as IP/content, FTA TV, Pay TV/IPTV, OTT, social media, online, talent management, E-commerce and financial services products.

• The park will be developed in cooperation with MSIN/PT MNC Studios International Tbk, the largest content production and talent management in Indonesia. MSIN’s main business line includes Production House/Content Production, Pay Channel Provider, Talent Management and Advertising Agency

MNC MNC Lido City

MNC ParkTM

MNC MNC Lido City

MNC WorldTM Lido

• Uniquely themed resort hotels that cater to different audiences and price points. Incorporating park themes and intellectual property e.g. Kiko room

• 1,400 4-star+ rooms onsite plus 800 3-star rooms adjacent to the resort

• Integrated convention center featuring a ballroom and meeting room facilities to drive MICE business and weekday occupancy

• To be developed in cooperation with third parties

• The place to be – a festive specialty shopping, dining, and entertainment hotspot with a wide range of daytime and nighttime activities

• Target markets: residents of surrounding townships such as Bogor and MNC Lido City, as well as theme park visitors and hotel guests

• Leveraging the strengths of the MNC Media Group (avenue of stars, live broadcasts, celebrity appearances, live music, etc.)

• Featuring unique brands and experiences that are unavailable in Jakarta to create a sought-after destination within a destination and drive repeat visitation


Retail Dining & Entertainment Hotels

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MNC MNC Lido City

Movie Land and Music Festival Venue

5.7ha

• 5 Main Stages

• Outdoor Theatre

• Amphitheatre

• Music & Art Festival

• International Music Event

• Café & Retail

• VIP Facilities

• Monorail Access

• To be developed by MSIN

21ha

• First Independent Movie

Production Complex in Indonesia

• Large range of background

setting from nature to city

• Movie Tour Package

• Family Movie Entertainment

• Monorail Access

• To be developed by MSIN

MOVIE LAND

MUSIC FESTIVAL

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For illustration purpose only

For illustration purpose only

© MNC LAND 2019. ALL RIGHTS RESERVED. 62

MNC 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


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NATURE ACTIVITIES PROGRAM

MNC MNC Lido City

Bodogol National Park

Project Completion Milestones

2020 2021 2022 2023

Project Completion Milestones

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Park Hyatt Jakarta

Soekarno Park

Lido Lake Adventure Park – Biggest Outbound

Bodogol National Park

Lido Lake Resort Extention

Trump International Golf Club Bali

Trump International Golf & Country Club Lido

Trump Residences Lido & Bali* (onwards)

Movieland by MSIN

Trump International Resort Lido

Trump International Resort Bali

MNC ParkTM

w/ MSIN

MNC WorldTM Lido (RDE & Hotels) w/ 3rd Parties

Transit Oriented Development (TOD) w/ 3rd Parties

• MNC Lido City is currently in the process of becoming a Special Economic Zone (SEZ) area. • Estimated timeline for the SEZ status to be awarded : 2020


2. Media




Advertising - Non Digital

36% Advertising - Digital

4%

Content based media 11% Pay TV and

Broadband 21%

Financing, securities,

insurance, and bank financial

institutions

17%

Others 11%

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS 9M 2019 (UNAUDITED) AND 9M 2018 (UNAUDITED)

66

(in million Rupiah)

Descriptions 9M2019 9M2018 Δ%

Revenues 11,892,378 10,855,346 10%

Advertising - Non Digital 4,309,540 4,022,457 7%

Advertising - Digital 502,995 106,825 371%

Content based media 1,292,132 1,095,447 18%

Pay TV dan Broadband 2,527,444 2,404,583 5%

Financing, securities, insurance, and bank financial institutions 1,988,345 1,875,721 6%

Others 1,271,922 1,350,313 -6%

Operating cost (8,768,468) (7,988,050) 10%

Income from operations 3,123,910 2,867,296 9%

EBITDA 4,363,438 4,047,402 8%

EBITDA Margin 37% 37%

Net income 1,526,710 162,546 839%

Revenue 9M2019

10.855

2.867 4.047

163

11.892

3.124 4.363

1.527

0

2.000

4.000

6.000

8.000

10.000

12.000

14.000

Revenues Income fromoperations

EBITDA Net income

in B

illio

n R

up

iah

30 Sept 2018 30 Sept 2019

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION 9M 2019 (UNAUDITED) AND FY2018 (AUDITED)

67

(in million Rupiah)

Descriptions 9M2019 FY2018 Δ%

ASSETS

Current Assets 19,391,384 19,185,166 1%

Non Current Assets 41,414,757 37,236,807 11%

Total Assets 60,806,141 56,421,973 8%

LIABILITIES AND EQUITY

Current Liabilities 17,346,235 17,171,841 1%

Non Current Liabilities 12,469,920 14,753,368 -15%

Total Liabilities 29,816,155 31,925,209 -7%

Non-controlling interests 14,353,597 12,162,569 18%

Total Equity *) 16,636,389 12,334,195 35%

Total Liabilities and Equity 60,806,141 56,421,973 8% Ratio PBV (x) 0.16 0.12 Current Ratio 1.12 1.12 Debt to Equity Ratio (x) 0.52 0.72 *) Attributable to owners of the Company

56.422

31.925

12.334

60.806

29.816

16.636

0

10.000

20.000

30.000

40.000

50.000

60.000

70.000

Assets Liabilities Equity

in B

illio

n R

up

iah

31 Dec 2018 30 Sept 2019

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS FY2018 (AUDITED) AND FY2017 (AUDITED)

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(in million Rupiah)

Descriptions FY2018 FY2017 Δ%

Revenues 14,725,851 13,580,269 8%

Advertising - Non Digital 5,313,502 4,944,077 7%

Advertising - Digital 261,101 89,452 192%

Content based media 1,518,392 1,466,277 4%

Pay TV dan Broadband 3,228,257 3,140,779 3%

Financing, securities, insurance, and bank financial institutions 2,611,797 2,380,754 10%

Others 1,792,802 1,558,930 15%

Operating cost (10,962,420) (11,339,149) -3%

Income from operations 3,763,431 2,241,120 68%

EBITDA 5,329,364 3,747,386 42%

EBITDA Margin 36% 28%

Net income 945,195 524,708 80%

Revenue FY2018 Advertising

- Non Digital 36%

Advertising - Digital

2%

Content based media

10% Pay TV dan Broadband

22%

Financing, securities, insurance, and bank financial

institutions

18%

Others 12%

13.580

2.241

3.747

525

14.726

3.763

5.329

945

-

2.000

4.000

6.000

8.000

10.000

12.000

14.000

16.000

Revenues Income fromoperations

EBITDA Net income

in B

illio

n R

up

iah

31 Des 2017 31 Des 2018

CONSOLIDATED STATEMENTS OF FINANCIAL POSITION FY2018 (AUDITED) AND FY2017 (AUDITED)

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(in million Rupiah)

Descriptions FY2018 FY2017 Δ%

ASSETS

Current Assets 19,185,166 20,195,774 -5%

Non Current Assets 37,236,807 36,328,037 3%

Total Assets 56,421,973 56,523,811 0%

LIABILITIES AND EQUITY

Current Liabilities 17,171,841 20,692,112 -17%

Non Current Liabilities 14,753,368 11,745,509 26%

Total Liabilities 31,925,209 32,437,621 -2%

Non-controlling interests 12,162,569 12,038,218 1%

Total Equity *) 12,334,195 12,047,972 2%

Total Liabilities and Equity 56,421,973 56,523,811 0% Ratio PBV (x) 0.12 0.18 Current Ratio 1.12 0.98 Debt to Equity Ratio (x) 0.72 0.78 *) Attributable to owners of the Company

56.524

32.438

12.048

56.422

31.925

12.334

-

10.000

20.000

30.000

40.000

50.000

60.000

Assets Liabilities Equity

In B

illio

n R

up

iah

31 Des 2017 31 Des 2018

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 - Pages · CORPORATE UPDATE PT MNC Investama Tbk January 2020 . Disclaimer 2 This...

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