CORPORATE UPDATE October 2020
Listed & traded on the Indonesia Stock Exchange (IDX) IDX Ticker Code: BHIT
www.mncgroup.com
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1. Corporate Overview
2. Media
3. Financial Services
4. Entertainment, Lifestyle Property & Hospitality
5. Corporate Financial Highlights
MNC Investama Key Investment Highlights
3 www.mncgroup.com
MNC Media MNC Financial Services MNC Land
Content & Advertising Based Media
☑ Four National FTA with the largest audience share of 40%, ad-spend share of 45%. Launched RCTI+, a streaming (OTT) service.
☑ 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 with 5 +
5 years option to extend. ☑ Started MCN (Multi Channel Network) on YouTube in August 2019 and generating
1.63billion views and 11million subscribers in just a month. Including MNCN Channels on YouTube, the total number of views reached 24.1billion in a 12 month span (FY2019), with 101 million subs by the end of August 2020.
☑ Owning the largest sites called Okezone (#1 above Google #2) and Sindonews (#6) based on Alexa measurement. Okezone has more than 20 million UV daily and is ranked #24 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, fintech, and payment gateaway.
☑ 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 entertainment, lifestyle property & hospitality 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 Entertainment, Lifestyle Property & Hospitality) are positively correlate d 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
4 www.mncgroup.com
5
1. Corporate Overview
2. Media
3. Financial Services
4. Entertainment, Lifestyle Property & Hospitality
5. Corporate Financial Highlights
The Largest Integrated Media Company in Southeast Asia
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*As of June 2020
Production Entertainment 5 in 1 Entertainment
App
Content Library Talent Management
Social Media/ Others
Public 43.72% 56.28%*
Free To Air / TV Content & IP Digital
Informasi and Sports
Entertainment FTA focusing on family audience
Largest news TV and provide news programs to the Group’s 3
entertainment FTA
The biggest talent management company
supported with music label and publishing unit
• Video Streaming • News Aggregator • Audio Aggregator • User Generated
Content (UGC) • Games Aggregator
• Youtube & Facebook channels
• MCN • News & General
Portals
Content library contains more than 300,000 hours and
increasing by more than 23,000 hours per year
.
www.mncgroup.com
Indonesia Advertising Market Share 2018
2022
• 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
TV, 64%
Internet,
16%
OOH,
2%
Print,
16%
Radio,
2%
TV Internet OOH Print Radio
TV, 62% Internet,
25%
OOH,
2%
Print;
10%
Radio, 1%
TV Internet OOH Print Radio
-
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 Others
7 www.mncgroup.com
The Largest Audience Share & FTA TV Advertising Market Share
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020*
36,9 38,4 37,9 40,1
29,8 36,0
45,6 38,3
34,4 37,2 37,7
MNCN Audience Share 2010 – 2020*
Indonesia FTA TV Advertising Market Share
*Source : Nielsen (Q2-2020)
8 www.mncgroup.com
FY-2014 FY-2015 FY-2016 FY-2017 FY-2018 FY-2019 H1-2020
37 39 40 43 43 45 46
26 28 28 24 26 24 24 18
14 12 12 10 10 10 14 14
15 17 15 13 12
4 4 4 4 4 4 4 0 0 1 1 1 0 0
MNC Group Emtek Group Trans Corp Viva Group Metro TVRI
TV Advertising Revenue
• Conventional TVC (15” and 30”) during commercial break
• Creative ads/ Non Time Consuming ads
• Equity Link (Air time and Content Library)
• QRIS Advertising
• Localized RTX* & Geo-tagging TVC*
• Digital Ads: Digital Broadcast, Social Media (including Library, original content, and MCN), News Portal, and RCTI+
*will be launched soon
Built-In Advertising Conventional TVC
Virtual Advertising Squeezed Frame Advertising
Super Impose RTX
9 www.mncgroup.com
Now TV Can Be a Shopping Marketplace
Note :
• Business model for FTA/OTT: receive ads revenue and revenue share from transaction.
• As an acquirer, SPIN receives 0.7% Merchant Discount Rate (MDR) for every transaction.
• Even when using other payment App, we still receive 39% (of MDR)
With standardized QRIS, consumer can buy the products from various payment Apps.
• Discount or Cashback for SPIN users
• Seamless in Apps experience
• Control the traffic end to end
• Enriched database and analytic for MNC Group
10 www.mncgroup.com
Content Revenue
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)
• Content produced in-house include Drama, Talent Search, Animation, Sitcom, Movie, Reality, Infotainment, Variety, Talk Show, News
Animation
Talent Search*
Drama Series*
*Generating highest revenue per one hour of broadcast
41%
More than 80%
More than 80%
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80 % LOCAL CONTENT
99 % IN-HOUSE PRODUCE
20% FOREIGN CONTENT
www.mncgroup.com
Talent Management
Other Talent Search
Lyodra 2020
Marion Jola 2018
Citra Scholastika 2010
Deven 2018 Sharon 2017 Anneth 2018
Eric 2020 Fani 2018
Carla Yules 2020
Alya Nurshabrina 2018
Natasha Manuella 2016
Anwar 2015
Robby Purba 2017
Sere Kalina 2016
Felicya 2016
Arnold 2017
Boy WIlliam 2010
Ayu Ting Ting 2010
Lolita Agustine 2010
Dede 2014
Christoper Edgar 2016
Sharla 2017 Kim Kimberly 2017
Kimberley 2018
Sharla 2018
Oge Arthemus 2009
Master Limbad 2009
Bow Vernon 2012
B Force 2017
Soul Sisters 2017
Andmesh Kamaleng 2017
Elvan 2019
Hanin Dhiya 2016
Eva Puka 2013
Abi Rafdi 2018
Suci 2019
Singing Competition
• 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, OOH/TV commercial, live chat on RCTI+, and content creators on MCN
• There is a revenue split between talent and the Company for all bookings, including endorsements on their respective social media platforms
12 www.mncgroup.com
Indonesia Most Watched Youtube Content Derived from clips of MNCN Library
13 www.mncgroup.com
Starting in May
2020, MNCN
agreed to do the
same arrangement
with Facebook,
with a minimum
guarantee in place.
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Number One Youtube TV Views & Subscribers in Indonesia
MNCN vs Competitors - views (in billion)
Source : MNC Research, FY-2019
Note: Data for Youtube Indonesia
MNCN Nationwide Youtube market share:
4,73 % Views
2,19% Subscribers
2,50% Video Uploads
12.2 11.5 10.4
6.1 3.4
MNCGROUP
TRANSCORP
NET EMTKGROUP
KOMPAS VIVAGROUP
24.1
MNCN vs Competitors - subscribers
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MNC GROUP 105.546.275
TRANS CORP 41.011.603
NET 32.496.770
EMTK GROUP 30.133.150
KOMPAS 20.158.371
VIVA GROUP 19.073.792
METRO 3.364.330 RTV
3.822.233
Source : MNC Research, September 2020
www.mncgroup.com
Maximize Brand’s Presence Through Engaging Sponsorship Based Web-Series
15 www.mncgroup.com
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Leading Digital Network
My First Awards!! Thank God I’m So
Happy .. #MJVLOG3
Andmesh Kamaleng –
Flobamora (Cover Live Studio)
Nantangin Roma Naik Wahana Ekstrim
Dufan
Kibo Kiting #19 : Di Bajak Tante Melody JKT48 & Tante Ayu
Ting Ting
• 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 started its MCN (Multi-Channel Network) operation in August 2019
MCN (as of Sept 2020): • 49.8mn subscribers • 4.6bn views
MCN + Non – MCN • 105mn subscribers
(as of Sept 2020) • 24.1bn views (FY – 2019)
16 www.mncgroup.com
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MNCN’s General and News Portal - #1 and #6 in Indonesia
Note : For News portal, Okezone.com is ranked #1 and Sindonews.com #6
RANKS | Top Indonesian Sites
1. Okezone.com
2. Google.com
3. Tribunnews.com
4. Youtube.com
5. Grid.id
6. Sindonews.com
7. Kompas.com
8. Detik.com
9. Liputan6.com
10. Tokopedia.com
11. Bukalapak.com
12. Suara.com
13. Brilio.net
14. Kumparan.com
15. Idntimes.com
16. Merdeka.com
17. Google.co.id
18. Yahoo.com
19. Jpnn.com
20. Blogspot.com
*Updated : August 1, 2020
17 www.mncgroup.com
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OTT Media Services
• LiveTV, catch up TV, and FTA programs - current and library
• Fresh extended content and FTA unaired content (bloopers and behind the scene)
• Creative content: Quiz, reward system, original short, mid, & long form content, voting, and chats with MNC talents
• Integration of MNCN news platforms into RCTI+
• Top 20 articles from different categories derived from MNCN general and news portal
• Cooperation with portal aggregator
• Radio Aggregator – All radio stations available digitally on the app with a choice of channels from various genres, years and mood selections
• Music radio playlist, podcast content, and UGC podcast
1. Video Streaming
2. News Aggregator
3. Audio Aggregator
• Video sharing experience
• Exclusive content upload from the library in short and medium form and content similar those uploaded on YouTube
• Talent search competition – facilitate user to unlock their potential to the world through online competition
• Provides access to new and exciting games content
• A constantly expanding content offering
4. Talent Search - UGC
5. Games Aggregator
Fact Sheet:
• Established in August 2019. • Running on Advertising VOD model. • MAU: More than 11mn (as of August 2020). • Average viewing duration: 86 minutes. • Revenue projection for 2020: $25-30 mio. • Ads generation: independent and FTA bundle
www.mncgroup.com
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: MNC Studios, West Jakarta
: MNC News Centre, Central Jakarta
The Largest Broadcast & Production
Facilities in South East Asia which enable MNC to
strategically expand into
Digital Ecosystem (more than 400,000sqm
built up area)
MNC Media’s Facilities
www.mncgroup.com
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Drama Production Response to Covid-19 “semi-lockdown”
Drama Production Set Up @ MNC Studios, Kebon Jeruk
Outdoor Set – “Orang Miskin Baru” Indoor Set – “Tukang Ojek Pengkolan” Indoor Set – “Dunia Terbalik”
Outdoor Set – “Memet” Indoor Set – “Jaka Tingkir” Indoor Set – “Amanah Wali 4”
www.mncgroup.com
PT MNC Vision Networks Tbk The Most Integrated Subscription Platform with Content Superiority
*As of June 2020
Local Cable Operator
PT MNC Kabel Mediakom
OTT – TV Anywhere
PT MNC OTT Network
• SVOD & AVOD Video OTT Service
• Vision+ has 1.3 mio paid subs and over 32.4 mio MAU.
• Vision+ provides more than 10,000 hours of VODs and up to 120 linear channels with catch up features
• Provides high speed FTTH broadband and interactive IPTV services.
• 3rd largest broadband with 1.5 mio home pass and close to 300,000 subs.
• Distribute Android TV OTT Box.
DTH post-paid Pay
TV
PT MNC Sky Vision Tbk
• Over 90% market share with 2.1m subscribers.
• DTH S-band (2.520 – 2.670 Ghz) for extensive nationwide coverage.
• Hidden treasure: 5G and LTE spectrum.
• Distribute Android TV OTT Box.
• DTH KU-Band for cost efficient services, capturing mass market segment.
• Acquires 8,000 - 10,000 new subscribers on a daily basis.
• Currently sitting with more than 4.1 mio subscribers.
Pay Channel & VOD
MNC Channels
• Produces and operates 12 pay channels.
• Produces original content suited for digital platform (short and medium form content).
• MNC Channels has produced over 63,000 hours of in – house content since its inception.
99.90%
PT MNC Vision Networks Tbk (IPTV)
PUBLIC
99.99% 91.90% 80% 100%
66.83% 33.17%
Android TV OTT Box
Play Box
• Distribution through MNC Vision, MNC Play, digital channel (e-commerce), and retail dealership.
• Selling Play Box using 3rd party broadband network.
• Exclusive FTA, Pay channels and VODs at affordable price.
100%
DTH pre-paid Pay
TV
PT Digital Vision Nusantara PT Mitra Operator Local
• Broadening reach of MVN to untapped Pay-TV Market all over Indonesia.
• LCO Partnership through digitalization or content licensing & acquisition
• Drive subscriptions by supplying LCO with MNC Group superior & premium content
LCO
99%
Broadband & IPTV
21 www.mncgroup.com
MNC Vision – Quality Focused And Continuous Cost Efficiency
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• MNC Vision provides DTH-based Pay TV services in Indonesia with 2.1 mio subscribers, which represents 90% market share. Capturing massive market opportunity in an archipelago.
• Subscriber’s growth will be focused on reaching broader segments in tier 2 and tier 3 cities (70% of total households in Indonesia) and LCO (local cable operator) acquisitions to expand DTH market share.
• Hidden Treasure: Monetization of 5G and LTE Spectrum (150 Mhz).
• Distribute Android TV OTT Box.
1. New customer acquisition to purchase STB/equipment for a more efficient operational expenditure.
2. Reduce costs of STB/equipment, viewing card/CAS, outdoor unit, and low noise block (LNB) by at least 25%, which enables the Company to sell the equipment for $31/set, from $44/set.
3. This model will decrease overhead cost, such as sales, technical, and other related expenses.
4. Sale of STB leads to higher revenue and healthier cash flow.
5. Starting November, MVN has transitioned into selling its equipment to customers and will be fully implemented within 6 months.
6. Acquisition target: 2000 new subscribers per day – upon the full implementation of the new model.
Revamping MNC Vision Business Model - Sale of STB/Equipment
www.mncgroup.com
K Vision – Pay TV Platform for the Mass Market Customer Acquisition
(in thousands)
Top Up Voucher Purchase (in billions)
• Prepaid Pay TV, which captures mass market in Indonesia with 20+ mio target homes that can potentially be a subscriber.
• Acquires 8,000 – 10,000 new subscribers on a daily basis with more than 4.1 million subscribers as of September 2020.
• LCO Partnership through digitalization and content licensing.
• QR Link to ramp up voucher sales to Rp50 – 60 bio/month
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7,3 7,3 35,6 45,3
82,2 107,8
135 161 155
213 205 186
204 226
250 288
382
290 263
August: Acquired by MVN
10,1
12,6 14,1
10 11,4
12,3 12,2 11,8
14
9,5
14,4
16,7
13,6 13,4
www.mncgroup.com
Fixed Broadband and IPTV- Coverage Expansion For Extensive Growth
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• MNC Play is the 3rd largest broadband and IPTV operator with close to 1.5 million home pass and 290,000 subscribers since its inception in 2014.
• Secured various partnership with neutral network providers to expand its home pass network that lower capex and opex requirement in the future and allows the Company to focus on the delivery of its services (internet & IPTV)
• Distribute Android TV OTT Box.
MNC Play has secured partnership with ICON+ and
FiberStar, which allows the Company to lease
excess network capacity to penetrate into
customer homes.
This will expedite MNC Play’s future growth, both
in terms of number of subscribers and home pass
expansion, without having to do internal home
pass rolling out activities.
2 3
Introduction of Playbox (android TV OTT box) in May 2020 to penetrate all broadband
households in Indonesia
3 strategic stance for broadband & IPTV expansion
57 115
175
265 290
0
200
400
600
800
1000
1200
1400
1600
0
50
100
150
200
250
300
350
400
2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9
Subs & HP Growth 2015 - 2019
Subs HP in thousands (000)
1
www.mncgroup.com
Penetrating Untapped Pay-TV Market
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Local Cable Operator (LCO) Partnership and Acquisition
No of Registered LCO: 417 • In May 2020, MVN completed its first LCO acquisition located in Batam, Kepulauan Riau.
• There are many cable operators that obtain MNC Group’s channels illegally and redistributing it in their own region. Acquiring these LCOs will help to prevent piracy and broaden MVN networks. This strategy lets the Company gain stronger presence in those areas
• By supplying MVN’s content to local cable operators, it will help them better perform and grow rapidly in their respective region.
• Target LCO Partnership (subs based): 2 million subscribers
LCO PARTNERSHIP - METHODS
LCO Acquisition Digitalization /
Content Licensing OR
www.mncgroup.com
Vision+ : TV Anywhere, Anytime
Subscription Video on Demand (SVOD):
• Vision+ provides more than 10,000 hours of VODs and up to 120 linear channels with catch up features, which are offered independently and through bundling with the packages offered by MNC Vision, K-Vision, MNC Play, and Playbox.
Advertising Video on Demand (AVOD):
• Vision+ offers free viewing with ad support for certain VODs and linear channels.
• Free users may upgrade to subscription with no ads if they wish to enjoy premium content, available in sachet pricing, starts from daily, weekly & monthly subscription fee.
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4.6 mio Registered
32.4 mio MAU
1.3 mio Paid Subscribers
*Data as of September 2020
www.mncgroup.com
MNC Channels: Largest in in-house production and number of channels in Indonesia
IN-HOUSE PRODUCTION (hours)
No Channel Total
1 Kids 3,091.7
2 Music 20,529.5
3 Auto Gadget 2,467
4 Infotainment 3,960
5 Travel & Homes 5,280.5
6 Muslim 5,860.9
7 Lifestyle & Fashion 1,827.8
8 Sport 2,281
9 Soccer 1,348.3
10 MNC News 249
Total Hours 63,345.9
*Data as of June 2020
MVN produces and operates 12 pay channels from various genres for Pay TV/IPTV/OTT viewers
FTA (available exclusively on MVN’s Pay TV Platforms)
27 www.mncgroup.com
28
1. Corporate Overview
2. Media
3. Financial Services
4. Entertainment, Lifestyle Property & Hospitality
5. Corporate Financial Highlights
PT MNC Kapital Indonesia Tbk – MNC Financial Services
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MNC Kapital Indonesia
Bank Finance Securities Life Insurance Asset Management Leasing General Insurance
86.91%* 100%
• Funding products
• Loan facility • Debit and
credit card • Treasury • Trade finance
• Consumer Finance
• Sharia Factoring
• Investment manager
• Investment advisory
• Asset based financing
• Factoring • Operating
lease • Sharia
financing
• Motor vehicle • Property • Marine cargo • Aviation • Other insurance
products
• Financial advisory & underwriting
• Brokerage & margin financing
• Online trading • Fixed income • Research • International
distribution**
100% 100% 100% 100% 100% 100%
Fintech
MNC Group
• Digital payment
• Digital remittance
• Digital financial aggregator
Note: * direct and/or indirect ownership ** in the process
• Group life • Individual life
100%
Payment Gateway
• Payment gateway**
• Biller aggregator**
www.mncgroup.com
MNC Bank – Mobile/Open Banking
• New mobile banking (went live in August 2020) 1.Biometric login (fingerprint, face detection) 2.Transfer (MNC Bank Account, Online, SKN, RTGS &
Virtual Account) 3.Top up SPIN and other e-money 4.Biller integration and payment 5.Realtime notification
• Open Banking (under development)
1.Digital core banking 2.Automatic onboarding with E-KYC 3.Savings, credit card and loan application are all in one
integrated platform 4.QRIS features for online and offline payment 5.Transfer/top up with foreign currency 6.Open API programing to enable connectivity to
external parties
Digital Initiatives – Motion
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QR Payment
Brief account details
Different dashboard for every account in MNC Bank
More menu Customized
Capable for various online transactions
All menu
www.mncgroup.com
• New features (went live in March 2020) 1.Additional products: education (Hario Pintar),
retirement (Hario Pensiun) and COVID-19 coverage; on top of existing products: accident (Hario Siaga), health (Hario Sehat) and life (Hario Sejahtera)
2.Push notification, autofill and video content 3.Available in iOS platform
• Upcoming features (went live in the end of August 2020) 1.Additional products in synergy with MNC Insurance:
house (MNC Home Express), motor vehicle (MNC Total Care) and travel (MNC Travel Express)
2.QRIS transaction (collaboration with SPIN) 3.Online claim 4.Live chat 5.Loyalty rewards
MNC Life x MNC Insurance – Digital-based Insurance App
Digital Initiatives – Hario
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Products
Live chat
Sliding banner for promotion or announcement
Subscribed policies
www.mncgroup.com
• Phase 1 – Additional mutual funds products from MNC Asset Management (target completion: end of August 2020, go live subject to OJK’s approval) 1.Limited to MNC Asset Management products 2.Transaction: subscribe and redeem 3. Information: list of products, portfolio’s profit/loss, NAV and
chart 4.Separate portfolio between stock and mutual fund
• Phase 2 – Online APERD for various mutual funds (2.5 months after phase 1) 1.Support other asset management products 2.Risk profile on opening account 3.Transaction: auto-sweep 4. Information: product comparation 5.Mutual fund portfolio as collateral for additional trading limit 6.Automation process back office & regulatory report
MNC Sekuritas – additional features as Online APERD (Mutual Fund Sales Agent)
Digital Initiatives – MNC Trade
32 www.mncgroup.com
Detail of mutual fund
Buy, sell, switch, redeem
Switch to MNC Trade (Stock)
Online account opening
Reports and researches
Biometrics
• Upgrading MNC Duit to service APERD, financial consultants and institution; in addition to current available for retail clients. All in one integrated platform → Phase 1
- Online opening account - Subscription - Balance inquiry - Historical transaction - Redemption and switching - Financial calculator
→ Phase 2 - Auto investment - Direct transaction - Live chat - Loyalty Points (with SPIN)
MNC Asset Management – Online Mutual Fund
Digital Initiatives – MNC Duit
33 www.mncgroup.com
Product offered
to calculate return
Buy, sell, switch, redeem
Live chat
MNC Teknologi Nusantara – e-Money, e-wallet, digital remittance
• New features (went live in May 2020) 1.QRIS transaction on TV 2.From “SPIN Cash” to cash advance via banks
• Upcoming features (target live in Q4 2020) 1.Loyalty programs: SPIN Points, vouchers, special
offers 2.More competitive prices for mobile credit, mobile
internet packages, electricity and water payments 3.Direct host to host with major Banks for low cost
top up, cash out and transfer from and to major banks
4.Live chat 5.Co-branding with other digital apps of MNC Group
Digital Initiatives – SPIN
34 www.mncgroup.com
Mass product payments
QRIS scanner (incl QRIS on TV)
E-wallet, to save credit card
To/from other e-money and bank account
Balance
Transaction history
• Broader/nationwide customer-base with digital on-boarding
• As channeling agent for MNC Bank, MNC Finance and MNC Leasing
• Leverage MNC Group’s ecosystem to minimize risks
• Implement AI based credit scoring using MNC Group’s big data and analytics
In the Pipeline – P2P Lending
35 www.mncgroup.com
Express fund
Paylater
Payroll deduction
Invoice financing
Productive loan
P2P Lending platform
Individual lenders
Institutional lenders / venture capital
Channel Lenders Borrowers
• Acquired this year, Flash Mobile is a payment gateway and biller aggregator company. Expected to be fully licensed this year, Flash Mobile is underway for PCI DSS (highest security standard certification)
• Flash Mobile serves as the most integrated payment gateway and biller aggregator both for MNC Group, and soon for external partners as well
Payment Gateway is a service provider that authorizes credit/debit cards, e-money or direct payments processing for e-businesses and online retailers
Biller aggregator is payment switching that connect between billers and customers using third party networking system such as banks, convenience stores, e-commerce and many more
In the Pipeline – Payment Gateway
36 www.mncgroup.com
MNC Group’s billers
payment Partners
• MNC Vision • MNC Play • Vision+ • Hario • MNC Shop • Installments
• Banks • ATMs • Credit cards • Convenience
stores • SPIN and other E-
money providers
External billers
• PLN • Telkom • Mobile credits • etc
Digital MNC Financial Services Blueprint • MNC Bank, MNC Leasing and MNC Finance will use
available funds or funds received from venture capital to channel loans from P2P lending platform and equity crowdfunding (ECF), where SPIN and Motion users can also participate as individual lender/investor
• MNC Sekuritas can help their ECF companies to grow the business until IPO
• SPIN will act as the financial deepening agent for Motion and other digital platforms to get new customers (combined account opening)
• Hario, MNC Trade and MNC DUIT as insurtech and investment app will provide embedded financial products, ie: auto invest and cross sell, to support users manage their financial
• Flash Mobile will act as the payment gateway, biller management, big data, and identity management
37 www.mncgroup.com
-
Digital Payment & Open Banking
Digital Lending
Fintech Investment
Management
Embedded Digital
Product Provider
P2P Lending platform
Venture Capital
Equity Crowdfunding
Group Loyalty system to connect MNC Group
38 www.mncgroup.com
• The loyalty points will unify all MNC Group’s point systems and redemption
• Customers earn points on every transaction, which can be redeemed to increase attachment, engagement and loyalty to stay within MNC Group’s ecosystem
• With our large customer base, MNC Group loyalty points enable cross-selling, upselling and support event driven offering, which in turn will generate better customer behavior insights and real time analytics
External partners
39
1. Corporate Overview
2. Media
3. Financial Services
4. Entertainment, Lifestyle Property & Hospitality
5. Corporate Financial Highlights
PT MNC Land Tbk
40 www.mncgroup.com
MNC Lido City - Masterplan
41 www.mncgroup.com
Phase 1 Masterplan (± 700 ha) 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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14 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 Lido City - Special Economic Zones
42 www.mncgroup.com
Source : https://kek.go.id/
MNC Lido City has the significant potential to be developed as a Tourism SEZ
With an extensive 1040 Ha proposed to be Tourism SEZ, MNC Lido City will support and contribute to the National and Regional tourism industries, as well as providing some multiplier effects, especially for Bogor Regency and its surroundings
MNC Lido City
MNC Lido City
Portfolio Summary – Trump International Lido
43 www.mncgroup.com
Total Gross
250 ha
Including:
40 ha Trump International Resort
Lido
91.5 ha Trump International Golf Club
Lido
105 ha Trump Residences Lido
Portfolio highlights:
1. Trump International Resort Lido 120 roomkeys, 6-star 24/7 lifestyle concierge and personalized service Restaurant and bar, spa & fitness center, meeting and conference facilities Trump standard of excellence
2. Trump International Golf Course and Country Club Lido 18 hole PGA Standard 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%
3. Trump International Residences Lido 281 units of 3BR to 8BR luxury villas 180 units of 2BR to 4BR condominium Designed by Oppenheim Architecture and HBA
MNC Lido City
Trump International Lido
44 www.mncgroup.com
© MNC LAND 2020. ALL RIGHTS RESERVED.
OFFICIAL PARTNERSHIP WITH:
Trump International Resort Lido
Trump Residences Lido
Trump International Golf Club Lido
MNC Lido City
Portfolio Summary – MNC ParkTM, MNC WorldTM, Movie Land & Music Festival Venue
45 www.mncgroup.com
Total Gross
114.4 ha
Including:
65.6 ha MNC ParkTM
48.8 ha MNC WorldTM
21 ha Movie Land
5.7 ha Music Festival Venue
Portfolio highlights:
1. MNC ParkTM 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 A host of new characters from the next generation of MNC Animation 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 and services (both media and financial services)
2. MNC WorldTM Retail and Dining: specialty shopping, dining, and entertainment hotspot with a wide range of
daytime and nighttime activities, including: avenue of stars, live broadcasts, celebrity appearances, live music, etc
Hotels: uniquely themed resort hotels to cater different audiences and price points; 1,400 4-star+ rooms plus 800 3-star rooms adjacent to the resort with integrated convention center featuring a ballroom and meeting room facilities to drive MICE business and weekday occupancy
3. Movie Land and Music Festival Venue Movie Land: First independent movie production complex in Indonesia with large range of
background setting from nature to city Music Festival Venue: 5 main stages, outdoor theatre, amphitheatre, music & art festival,
international music event, café & retail with monorail access
46 www.mncgroup.com
MNC ParkTM
MNC WorldTM Movie Land
MNC Lido City
MNC ParkTM, MNC WorldTM, Movie Land & Music Festival Venue
47 www.mncgroup.com
Total Gross
4.5 ha
Including:
3.4 ha Lido Lake Resort and Convention Center
1.1 ha Lido Lake Resort Extension
Portfolio highlights:
1. Lido Lake Resort and Convention Center Approx. 60 km or an hour drive from Jakarta 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 Facilities and event space: 2 ballrooms and 3 meeting rooms with total capacity of up to
500 pax, outbound facilities, wedding venue Received Certificate of Excellence 2019 from TripAdvisor
2. Lido Lake Resort Extension Additional 125 rooms Facilities and event Space: Water Leisure Activities, wedding venue, meeting venue,
ballroom
MNC Lido City
Portfolio Summary – Lido Lake Resort
MNC Lido City
Lido Lake Development
48 www.mncgroup.com
• 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
MNC Lido City
Transit Oriented Development (TOD)
49 www.mncgroup.com
© MNC LAND 2019. ALL RIGHTS RESERVED
• Total Area: 7 Ha
• Integrated Transportation Modes: 1. Train Station 2. Bus Terminal
• Commercial area
• 3 Apartment towers
• Estimated construction commencement: 2021
• To be developed in cooperation with third parties
MNC Lido City
Bodogol National Park
50 www.mncgroup.com
NATURE ACTIVITIES PROGRAM
MNC
LIDO CITY
BODOGOL
Gede Pangrango Mountain
Salak Mountain
MNC Land collaborates with Mount Gede Pangrango National Park to manage Bodogol as an agro tourism destination
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
Back of House
Condo
Landbank
Toll Road
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51 www.mncgroup.com
52 www.mncgroup.com
MNC Bali Resort
Portfolio Summary – Trump International Bali
Total Gross
107 ha
Including:
14.3 ha Trump International Resort Bali
54 ha Trump International Golf Club
Bali
8,397 m2
Trump Beach Club Bali
14 ha Trump Residences Bali
Portfolio highlights:
1. Trump International Resort Bali 151 roomkeys of suites and villas Trump International Resort, a 6-star Hotel providing the Finest Expression of Glamour, Luxury and
Service
2. Trump International Golf Club Bali A top course in Asia designed by Phil Mickelson (18 holes – Par 72) Home of International Golf Events 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
3. Trump Beach Club Bali Features a state-of-the-art Trump Beach Club Bali designed to present a 360-degree view of the Indian
Ocean Total GFA: 8,397 sqm Planned Facilities: Beach Club Restaurant , Swim – Up Bar, Pool Bar, Cigar & Cognac Lounge,
Delicatessen, Beach Club & Deck, Cabanas, VIP Lounge, Swimming pool, DJ booth, White sand pit, Amphitheater
4. Trump International Residences Bali 144 units of 3BR to 5BR Luxury Villas 223 units of 1BR to 2BR Condominium Designed by Oppenheim Architecture and HBA
53 www.mncgroup.com
MNC Bali Resort
Trump International Bali
Trump International Resort Bali Trump International Golf Club Bali
Trump Residences Bali Trump Beach Club Bali
OFFICIAL PARTNERSHIP WITH:
© MNC LAND 2020. ALL RIGHTS RESERVED.
54 www.mncgroup.com
Hospitality and Others
Portfolio Summary
Total Gross
430,000 m2
NLA
346,600 m2
Including:
5,800 m2
Co-working Space
Note:
Owned Gross: 197,000 m2 NLA: 121,500 m2
MICE 24,000 m2
(both offices and hospitality)
Portfolio highlights:
• 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)
55 www.mncgroup.com
Hospitality and Others
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.
56 www.mncgroup.com
Hospitality and Others
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.
Video One East Penthouse & Residences Collection.M4V
57 www.mncgroup.com
Hospitality and Others
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: 2021
58 www.mncgroup.com
Hospitality and Others
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.
GoWork co-working space was opened in February 2020 at BEI Building Surabaya.
A new co-working space at Mega Kuningan, Jakarta is under development. Mega Kuningan is an integrated diplomatic and business area equipped with international standard infrastructure and utility networks.
59 www.mncgroup.com
Hospitality and Others
Office Building (1)
MNC Tower & Plaza MNC Financial Center Park Tower Jakarta iNews Tower* High End Building Sindo Building
Location: MNC Center, Kebon Sirih, Central Jakarta
* The property is owned by MNC Group, MNC Land is the project manager and building manager of the Property
60 www.mncgroup.com
Hospitality and Others
Office Building (2)
Location: West Jakarta
MNC Studios* MNC College MNC Vision Tower* Indovision Bali Building BEI Building
Location: Bali & Surabaya, East Java
* The property is owned by MNC Group, MNC Land is the project manager and building manager of the Property
61
1. Corporate Overview
2. Media
3. Financial Services
4. Entertainment, Lifestyle Property & Hospitality
5. Corporate Financial Highlights
62
Consolidated Statements of Profit or Loss 1H 2020 (Unaudited) and 1H 2019 (Unaudited)
62 www.mncgroup.com
Ads - Non Digital
37% Ads - Digital
6%
Content 11% Pay TV and
Broadband 24%
Financial Institutions
17%
Others 5%
1H 2020 Revenue Contribution
in million Rupiah 1H2020 1H2019
Profit and Loss
Net Revenues 7.148.054 7.827.108
Gross profit 526.429 1.344.694
Net income 284.365 1.030.524
Total net income (loss) attributable to :
- Owners of the company (480.233) 261.027
- Non-controlling interests 764.598 769.497
Total comprehensive income 250.568 1.196.056
Total comprehensive income (loss) attributable to :
- Owners of the company (479.926) 364.080
- Non-controlling interests 730.494 831.976
Earnings (loss) per share (in full Rupiah) (7,16) 5,10
7.827.108
2.783.824
1.952.295
7.148.054
2.545.097
1.707.690
0
1.000.000
2.000.000
3.000.000
4.000.000
5.000.000
6.000.000
7.000.000
8.000.000
9.000.000
Revenues EBITDA Income from operations
in m
illio
n R
up
iah
1H2019 1H2020
63
Consolidated Statements of Financial Position 1H 2020 (Unaudited) and FY 2019 (Audited)
63 www.mncgroup.com
in million Rupiah 1H2020 FY2019
Balance SheetTotal assets 56,499,507 57,613,499
Total liabilities 26,611,962 28,781,322
Total equity 29,887,545 28,832,177
Ratios - - Profit (loss) to assets ratio (%) 1.01 3.62
Profit (loss) to equity ratio (%) 1.90 7.24
Profit (loss) to revenues ratio (%) 3.98 13.08
Current ratio (%) 119.27 108.82
Liabilities to equity ratio 0.89 1.00
Liabilities to assets ratio 0.47 0.50
57.613
28.781 28.832
56.500
26.612 29.888
-
10.000
20.000
30.000
40.000
50.000
60.000
70.000
Assets Liabilities Equity
FY2019 1H2020
in B
illio
n R
up
iah
64 64
Historical 5 Years in million Rupiah 2019 2018 2017 2016 2015
Profit and Loss
Net Revenues 15.967.376 14.725.851 13.580.269 12.894.525 12.878.191
Gross profit 7.764.004 7.163.896 5.757.191 5.130.930 4.655.262
Net income 2.087.823 945.195 524.708 847.943 (570.323)
Total net income attributable to :
- Owners of the company 430.814 86.353 148.619 232.931 (845.752)
- Non-controlling interests 1.657.009 858.842 376.089 615.012 275.429
Total comprehensive income 2.171.828 994.169 398.227 810.489 (445.428)
Total comprehensive income attributable to :
- Owners of the company 504.582 152.067 65.875 210.325 (714.054)
- Non-controlling interests 1.667.246 842.102 332.352 600.164 268.626
Earnings (loss) per share (in full Rupiah) 7,45 1,78 3,14 5,50 (22,02)
Balance SheetTotal assets 57.613.499 56.421.973 56.523.811 55.292.949 53.299.268
Total liabilities 28.781.322 31.925.209 32.437.621 31.129.457 30.464.913
Total equity 28.832.177 24.496.764 24.086.190 24.163.492 22.834.355
Ratios - - - - - Profit (loss) to assets ratio (%) 3,62 1,68 0,93 1,53 (1,07)
Profit (loss) to equity ratio (%) 7,24 3,86 2,18 3,51 (2,50)
Profit (loss) to revenues ratio (%) 13,08 6,42 3,86 6,58 (4,43)
Current ratio (%) → assets / liabilities 108,82 111,72 97,60 108,08 111,55
Liabilities to equity ratio 1,00 1,30 1,35 1,29 1,33
Liabilities to assets ratio 0,50 0,57 0,57 0,56 0,57
www.mncgroup.com
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/