PT Surya Semesta Internusa Tbk ("SSIA")

Review First Semester 2023

www.suryainternusa.com

Surya Semesta Internusa in Summary

  • Milestone
  • Major Subsidiaries, Shareholders & Management
  • Investment Portfolio
  • Strategic Roadmap
  • Sustainability Strategy

1H23 Financial Highlights

  • Consolidated Revenue
  • Consolidated EBITDA
  • Consolidated Net Profit
  • Consolidated Balance Sheet

Table of Contents

Review of Business Segments

PROPERTY

  • PT Suryacipta Swadaya ("SCS")
  • PT TCP Internusa ("TCP")
  • PT Sitiagung Makmur ("SAM")

CONSTRUCTION

  • PT Nusa Raya Cipta ("NRCA")

HOSPITALITY

  • PT Suryalaya Anindita International ("SAI")
  • PT Ungasan Semesta Resort ("USR")
  • PT Surya Internusa Hotels ("SIH")

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Surya Semesta Internusa in Summary

PT Surya Semesta Internusa Tbk

  • Operating track record in property sector can be traced back to over 50 years in early 1970s
  • Significant growth since IPO
    • Raised over IDR 545 billion equity(1)
    • Raised over IDR 1,600 billion in debt
    • Market cap increased from IDR0.6tn (IPO) to current IDR2.2tn(2)

2006

1996

Development of

1991

Developed a

the ultra-high-end

Banyan Tree

1976

5-star Gran

Resort in

Meliã Hotel and

Developed 1,400

Ungasan, Bali

Graha Surya

Glodok Plaza

hectare industrial

Internusa Office

estate

inauguration,

Building

development in

Indonesia's first

Karawang, West

modern shopping

Java

center in

Chinatown, Jakarta

2010

Launched opening Banyan Tree Ungasan Resort, Bali

2017

2014

2012

Acquired location

Divestmet

permit of 2,000 ha

Cikopo Palimanan

Issued IDR

in Subang, West

Toll road at 3X BV

700 billion bond

Java

Distribute first

Launched first

dividend since IPO

BATIQA hotel in

in 1997

Karawang

  • Invested in - Cikopo-Palimanan

Toll Road

Joint venture with Mitsui & Co and TICON in warehousing/ factory business

2022

Divestment of SLP & SIT (3) worth total of Rp562.2bn

Entered into a property development company to develop Golden Triangle area

in Kuningan

1971

Developed Meliã Bali Hotel,

  1. 494-room,
    5-star hotel in Nusa Dua, Bali

1983

Openning of Cikopo

Grounbreaking

- Palimanan toll

Subang Smarpolitan

road

2020

Consolidated its

Conducted

IPO of

2015

Nusa Raya Cipta

stock split

hospitality

@ IDR 850 per share

on a ratio of

business, PT

Acquired

1 : 4

Listed on the

Suryalaya Anindita

2013

construction

business,

Indonesia Stock

International

2011

Exchange

PT Nusa

2008

Raya Cipta

1997

1994

Note: Timeline not to scale. (1) Including IDR 132bn raised in IPO. (2) Market data as of 30 June 2023. (3) SLP : PT SLP SURYA TICON INTERNUSA, SIT : PT Surya Internusa Timur.

building a better indonesia

3

Surya Semesta Internusa in Summary

Company Highlights

  • Established and commenced operations in 1971, SSIA's primary businesses are in construction, property and hospitality sectors
  • One of the Leading Listed Developers in Indonesia(1)
    • Market Capitalization of IDR 2,156bn / US$ 143mn
    • 1H23 Total Equity of IDR 4,189bn / US$ 279mn
    • FY22 EBITDA(3) of IDR 458bn / US$ 30mn
    • 1H23 EBITDA(3) of IDR 184bn / US$ 12mn
    • Established presence in thirteen Indonesian cities
  • Suryacipta City of Industry is the company's pioneer project with total location permit of 1,400 ha
  • Subang Smartpolitan is the company's largest project with total location permit of 2,717 ha

Note:

  1. Market data as of 30 June 2023, based on USD:IDR of 15,026
  2. Recurring revenue comprises that of hotel, rental, parking and maintenance.
  3. EBITDA defined as net income, before interest expenses, tax expenses, depreciation and amortization expenses, includes JO income (loss)

Shareholding Structure

8.8%

8.1%

8.5% 5.1%

69.5%

Core Businesses

Non-Recurring

Construction

Industrial Estate Land

Real Estate (Residential)

  • High rise buildings
  • Commercial and manufacturing facilities
  • Infrastructure
  • Suryacipta City of Industry
  • Subang Smartpolitan
  • Construction toll road

PT Arman Investments Utama

PT Persada Capital Investama

Intrepid Investments Limited

Reksa Dana HPAM Smart Beta Ekuitas

Others

Shareholding as of 30 June 2023

Total Outstanding Shares : 4,548.5 million

Treasury Stock : 156.7 million shares

Recurring(2)

Hotel

Rental, Parking & Maintenance

  • Resorts and Villas
  • Business Hotels
  • 5-starHotels

building a better indonesia

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Disclaimer

PT Surya Semesta Internusa Tbk published this content on 09 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2023 03:21:15 UTC.