here - ChartNexus

CORPORATE PRESENTATION
CLSA Iskandar Malaysia Corporate Access Day
The Fullerton Hotel, Singapore
2 May 2012

DISCLAIMER
• Some of the statements (both written and oral) in this presentation constitute “forward
looking statements” that do not directly or exclusively relate to historical facts. These
forward looking statements reflects United Malayan Land Bhd (“UMLand“) current
intentions, plans, expectations, assumptions and beliefs about future events and are
subject to risks, uncertainties and other factors, many of which are outside UMLand’s
control.
• Important factors that could cause actual results to differ materially from the expectations
expressed or implied in the forward looking statements include known and unknown risks.
As actual results could differ materially from UMLand’s current intentions, plans,
expectations, assumptions and beliefs about the future, you are urged to view all forward
looking statements contained in this presentation with caution.
• This presentation is being furnished to you solely for your information and may not be
reproduced or redistributed to any other person. No warranty is given as to the accuracy or
completeness of the information contained therein. You should perform your own
independent investigation and analysis of UMLand and consult your own professional
advisers as to the matters contained therein.
• Please note that UMLand has no intention or obligation to update or revise any forward
looking statements, whether as a result of new information, future events or otherwise.
• By participating in this presentation, you agree to be bound by the foregoing limitations.
• Information in this presentation are correct as at 2 May 2012.

VISION
To be a property
developer of distinction,
creating quality lifestyles
and communities.
MISSION
To develop a brand that
represents quality and
innovation which
creates value and is the
preferred choice

OUTLINE
• Who We Are
• Our Development Strategies
• Our Projects
– UMLand in Iskandar Malaysia
– Projects in Klang Valley
• Financial Highlights
• Future Prospects

Who We Are

Who We Are
• Listed on Main Market of Bursa Malaysia Securities Bhd
• Our paid-up capital – RM302 mil
• Our net assets – RM916 mil (as at 31 March 2012)
• Our market capitalisation – RM480 mil (as at 24 April 2012)
• Our major shareholders:
– CapitaLand Group (20.75%)
– Tradewinds Corporation Berhad (7.39%)
– Chee Tat Holdings (S) Pte Ltd (7.39%)

Board of Directors
Seven members with four independent directors
• Tun Musa Hitam, Chairman (INE)
• Dato’ Ng Eng Tee, Deputy Chairman/Executive Director (NINE)
• Datuk Syed Ahmad Khalid Syed Mohammed (INE)
• Datuk Nur Jazlan Tan Sri Mohamed (INE)
• Pakhruddin Sulaiman (INE)
• Syed Azmin Mohd Nursin @ Syed Nor (NINE)
• Ng Eng Soon (NINE)

Our Development Strategies

Our Development Strategies
We are an integrated property development company focusing on
two divisions:-
1. Township Division :
• Provision of good infrastructure
• Divestment through catalytic projects
• Provide good amenities & facilities
• Market-oriented products
2. Niche Division :
• Located primarily within Kuala Lumpur and Iskandar Malaysia,
Johor
• Joint ventures/Strategic collaborations

Our Development Structure
Iskandar
Malaysia
Klang Valley
Township
Seri Alam, Eastern Gate
Seri Austin, Tebrau Corridor
Seri Putra, Selangor
UMLand Group
Niche Development
Ongoing
Somerset Puteri Harbour, Nusajaya
New
Matex Land, Johor Bahru city
Parcel CS3 Puteri Harbour, Nusajaya
Cahaya Baru Land, Eastern Gate
NSJ-1 Land, Senai-Skudai
Ongoing
Suasana Bukit Ceylon, KL
New
Mayang Land, KL

UMLand in
Iskandar Malaysia

Our Presence in Iskandar Malaysia
• UMLand has a strong foothold in the region with projects in 4 out of the 5 flagship
zones of Iskandar Malaysia (total area 2,200 hectares).
• To date, UMLand has over 900 hectares (2,238 acres) of undeveloped land bank in
Iskandar Malaysia.
• UMLand’s projects and land bank within the four flagship zones of Iskandar Malaysia:
Zone Development Projects / Land
A Matex Land, Johor Bahru City Centre
B Somerset Puteri Harbour, Nusajaya
Parcel CS3 Puteri Harbour, Nusajaya
Medini Land (new)
D Seri Alam Township in the Eastern Gate
Seri Austin Township in Tebrau Corridor
Cahaya Baru Land in the Eastern Gate
E NSJ-1 Land at North-South Junction 1, Senai-Skudai

Our Projects in Iskandar Malaysia
NSJ-1 Land
Johor
Premium
Outlets
Medini Land
Parcel CS3
Puteri Harbour
Senai
International
Airport
Somerset
Puteri
Harbour
Seri Austin
Township
Matex Land
Seri Alam
Township
A Johor Bahru City
B Nusajaya
C Western Gate Development
D Eastern Gate Development
E Senai-Skudai
Cahaya Baru
Land
Ongoing Development
Undeveloped Land Bank

Townships in Iskandar Malaysia
•Seri Alam
•Seri Austin

Seri Alam & Seri Austin - Location
West Coastal Highway
Danga Bay to Nusajaya
JB
JB
CBD
CBD
Seri Alam – Kota Putri
Interchange Access
Eastern Dispersal Link
SINGAPORE
2.2 KM
4 KM
Seri Alam – Rinting
Interchange Access
PASIR
GUDANG

Seri Alam

Seri Alam - Facts
•Land Area:
– Gross area: 1,522 ha (3,762 acres) ; Balance: 448 ha (1,107 acres) (GDV3b)
– 6,633 units launched (96% sold)
•Population:
– Current: 61,000
– Estimated upon full completion: 150,000
•Existing Amenities:
– Eastern District Police HQ, 4 police stations
– Two hypermarkets (Tesco & Today’s Market)
– Regency Medical Centre (260-bedded hospital)
– Christine Golf Resort (18-hole golf course), hotel and serviced residences
– Japanese International School and 6 national schools
– McDonald’s Drive-Thru
– Big Valley Ranch resort for country stay and horse riding
– High speed broad band ready for launches from 2011 onwards

Seri Alam, The City of Knowledge
•City of Knowledge:
– The Education Hub of Eastern Gate, Iskandar Malaysia
– Schools:
• 5 National schools
• 1 Chinese school
• Japanese International School
• Excelsior International School (collaboration with Raffles Campus Pte Ltd, SG)
– Universities and Colleges:
• MARA College
• Universiti Kuala Lumpur
• Masterskill University of Health Sciences
• MARA University of Technology (UiTM)
• Malaysia Art School
commenced in 2011
• HELP University College Johor campus (collaboration with HELP Group)
•Proposed transportation hub :
– Connecting eastern gate development to the whole of Iskandar
– Linking to JB city centre
under
construction

Seri Austin

Seri Austin - Facts
•Land area:
– 202-ha (500 acres) site; Remaining 64 ha (158 acres) (GDV RM0.7 bil)
– 2,003 units launched (82% sold)
•Project details:
– No low cost component
– Double storey terrace and cluster houses
– Recent launches features of high end products comprising bungalows, semi-Ds
and cluster homes on Seri Austin Hills, commanding a view of the lush greenery
and serenading lake
– High Speed Broad Band equipped
– Amenities include two 36-hole golf course and country club resort, shopping malls,
hypermarkets, educational and medical facilities
– Future launches will focus on higher end strata developments such as
condominiums

Niche Developments in Iskandar Malaysia
• Somerset Puteri Harbour,
Nusajaya
• Matex, Johor Bahru City
• Parcel CS3 Puteri Harbour

Somerset Puteri Harbour
Developer:
• Nusajaya Consolidated Sdn Bhd
(50% JV with UEM Land)
Location:
• Puteri Harbour, Nusajaya, Iskandar Malaysia
• Adjacent to Traders Hotel and Indoor Theme Park
Project Facts:
• Luxury boutique waterfront apartments (168 units, with retail component)
• Retail component pre-sold to a unit of Khazanah Holdings in Feb 2011 for RM46 mil.
• The Ascott Group will operate Somerset Puteri Harbour serviced residences
• Leaseback arrangement with guaranteed minimum returns of 5% for two years
Launch details:
• Launched in Feb 2012, 89% take up

Matex Land
Developer:
Exquisite Mode Sdn Bhd (100%)
Location:
On Jalan Wong Ah Fook, opposite
KOMTAR, within walking distance
from City Square, within Johor
Bahru City Centre
Project details:
0.6-ha (1.5 acres) freehold site
Riverfront serviced residences ,
hotel with retail components in line
with JB City Hall’s river
transformation-cum-beautification
project
Targeted launch in 2H2012

Parcel CS3 Puteri Harbour
A3 – Somerset Puteri Harbour
CS3 – Mixed development
CS3
A3
Developer:
Nusajaya Consolidated Sdn
Bhd (50% JV with UEM
Land Bhd)
Location:
Situated close to Somerset
Puteri Harbour, Nusajaya
View of the private marina
Project details:
2.7-ha (6.7 acres) freehold
site
Mixed development –
commercial and residential
Concept development
being finalised

Other Land Bank in Iskandar Malaysia
•Cahaya Baru Land
•NSJ-1 Land
•Medini Land

Cahaya Baru Land
– 135 hectares (333 acres) of land located 10 km east of Seri Alam
Township within the Eastern Gate Development
– Strategic location with the new Senai-Desaru Highway cutting
across the land and in close proximity to Seri Alam township and
Tanjung Langsat Port and Pengerang. The two area have been
earmarked to be developed into a petrochemical and oil and gas
hub.
– The land was acquired at RM4.33 psf
– Proposed development of a logistic cluster supplemented by
industrial and commercial developments.

Cahaya Baru Land - Location
Senai-
Desaru
Highway

North-South Junction 1 (NSJ-1) Land
– 51:49 joint venture with Tradewinds Berhad
– 255-hectares (629 acres) land located at the North-South Junction 1
within the Senai – Skudai flagship zone, with 1 km stretch fronting the
Second Link Highway extending to the North South Expressway
– Situated close to Johor Premium Outlet and Johor Technology Park
– Proposed development of a commercial/logistic/ transportation hub and
industrial park with some residential component.

NSJ-1 Land - Location
Second
Link
Highway
North-South
Expressway
Johor Premium
Outlet
To
Nusajaya
Proposed
Interchange
TOLL
NSJ-1Land
Proposed
Access Road
UTM
TOLL
To
Johor Bahru
Senai-Skudai
Highway
To Senai Airport
Senai-Desaru
Highway

Medini Land
– In March 2012, UMLand signed a Collaboration Agreement with Iskandar
Investment Berhad
– Proposed acquisition of land in Medini for future development.
– Spanning over 902 hectares (2,200 acres), Medini is one of Nusajaya’s 8
catalyst developments (Johor State New Administration Centre, Puteri
Harbour, Southern Industrial and Logistic Cluster, Afiat Healthpark,
EduCity, International Destination Resort and Nusajaya Residences)
– RM4 billion has been committed by the government on developing the
infrastructure for Medini.

Projects in Klang Valley

Projects in Klang Valley
Niche
• Suasana Bukit Ceylon
• Mayang Land
Township
• Seri Putra

Seri Putra

Seri Putra - Location
• Fronting the North-South Expressway
• Served by Putra-Mahkota Interchange to North South Highway
Cyberjaya
Towards
KLIA
Putrajaya
To KL
NORTH
SOUTH
HIGHWAY
PUTRA-MAHKOTA
INTERCHANGE
Bangi
town

Seri Putra - Facts
•Developer:
– Bangi Heights Development Sdn Bhd (70% subsidiary)
– Joint venture with CapitaLand Group (30%)
•Land area:
– 363-ha (898 acres) site; Remaining 84 ha (208 acres) (GDV RM0.7 bil)
– 4,690 units launched (98% sold)
•Project details:
– Mix of affordable and concept developments comprising double storey terrace,
cluster houses, semi detached and bungalow houses
– Freehold status compared to the surrounding housing areas which are
predominantly leasehold status
– Amenities include primary and secondary school, National health clinic
– Remaining land for commercial development, premier hilltop bungalows, upper
end residential units

Suasana Bukit Ceylon
Developer:
Exquisite Skyline Sdn Bhd (100%)
Location:
Persiaran Raja Chulan, Bukit Ceylon
Within the Kuala Lumpur CBD
Freehold site of 0.6 ha (1.5 acres)
Project facts:
34 storey condo with 310 units of serviced residences
Construction of main building in progress
Target completion by end 2013
Sales facts:
80% take up

Mayang Land
Developer:
Alpine Return Sdn Bhd
(JV with Bolton Bhd 50:50)
Location:
Dual frontage at Jalan Mayang &
Jalan Yap Kwan Seng
Vicinity of KLCC, within walking
distance to Petronas Twin Towers
Project details:
1.7-ha (4.3 acres) freehold site
Approx. 1.5 mil sq. ft. of
prestigious commercial and
residential development

Financial Highlights

Revenue & Profit Growth
RM million
450
400
350
300
250
200
150
100
50
0
-50
397
47
172
-3
209
317
323
55 52 56.9
2007 2008 2009 2010 2011
Revenue PATMI
Per Share Data 2007 2008 2009 2010 2011
Net assets (RM) 3.45 3.38 3.56 3.64 3.04
Earnings (Sen)* 15.7 (1.1) 18.2 17.1 18.9
Gross Dividend (Sen) 10.0 2.50 9.76 7.65 7.50^
Net Dividend (Sen) 7.40 1.90 7.50 7.50 7.50^
Dividend payout ratio (%) 38 N/A 33 35 40^
* earnings per share for comparative period has been restated to reflect the bonus issue completed in August 2011
^final net dividend of 5.00 cent per share for FY 2011 is subject to shareholders’ approval in the upcoming AGM.

Gearing
RM million
900
800
700
600
500
400
300
200
100
0
833 816
250
274
858
187
Low Gearing
879
130
916
143
2007 2008 2009 2010 2011
Shareholders' funds Borrowings Gearing Ratio
2007 2008 2009 2010 2011
Gearing ratio 0.30 0.34 0.22 0.15 0.16
Gearing
Ratio
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%

Valuation & Dividend Payout
NA per share
RM3.04 (as at 31
March 2012)
Share price
RM1.58 (as at 31
March 2012)
Latest Share Price
As at 31 March 2012 RM1.58
Trading at 48% discount to NA
Dividend (Gross) (Net) Payout
Ratio
2007 10 sen 7.4 sen 38%
2008 2.5 sen 1.9 sen N/A
2009 9.76 sen 7.5 sen 33%
2010 7.65 sen 7.5 sen 35%
2011^ 7.50 sen 7.5 sen 40%
^final net dividend of 5.00 cent per share for FY 2011 is
subject to shareholders’ approval in the upcoming AGM.

FY2011 vs FY2010
Revenue
Profit before tax
Profit after tax & MI
FY2011
RM mil
323.5
80.8
56.9
Basic EPS (sen) 18.87
NA per share (RM) 3.04
FY2010
RM mil
316.9
74.3
51.6
17.12
Net Dividend/share (sen) 7.50 7.50
-
3.64
Continuous growth + Consistent dividend payout
Change
%
2
14
10
10
(16)
-

4Q 2011 vs 4Q 2010
Revenue
Profit before tax
Revenue
Profit after tax & MI
4Q11
RM mil
76.8
23.9
18.5
Basic EPS (sen) 6.14
NA per share (RM) 3.04
4Q10
RM mil
88.3
33.1
26.0
10.77
3.64
Change
%
(13)
(28)
(29)
(57)
(16)

Future Prospects

Growth Impetus – Niche Projects
New niche developments – 2012 and beyond
Matex Land
- 0.6 ha (1.5 acre) Serviced residences and hotel with retail components located
within JB City
- Estimated launch end 2012.
Parcel CS3 Puteri Harbour (JV with UEM Land)
- 2.7 ha (6.7 acres) of land for mixed development
Mayang Land (JV with Bolton Berhad)
- 1.7 ha (4.3 acres) High end residential and commercial within KLCC vicinity
Cahaya Baru Land
- 134.6 ha (333 acres) land in Cahaya Baru Area, Eastern Gate of Iskandar Malaysia
- Proposed logistic cluster with industrial and commercial components.
NSJ-1 Land (JV with Tradewinds)
- 254.6 ha (629 acres) of land for commercial/ logistics/ transportation hub, industrial
park and residential at Senai-Skudai zone

UMLAND’S POTENTIAL
UMLand has the potential to grow
Good support from our corporate shareholders
Sizeable land bank of 990 hectares (2,450 acres)
Complimentary two-pronged strategy – Townships & Niche Projects
Estimated GDV: RM1.0 bil in 2012, RM8.1 bil in 2013 and beyond
Shares trading at a 48% discount to NA
Consistent dividend payment exceeding our dividend policy of 25% payout
ratio
Low gearing at 0.16

Head, Investor Relations
Ms Leong Chooi Kuen
Tel. no: +603 2142 1611 ext. 108
Email: ir@umland.com.my
Please feel free to contact us and visit our IR Website
www.umland.com.my/ir
Office address:
Suite 1.1 First Floor
Kompleks Antarabangsa
Jalan Sultan Ismail 50250
Kuala Lumpur