D s i c s lai l m ai er

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1 Disclaimer The information in this presentation does not constitute or form any part of an offer, invitation or recommendation to subscribe for, retain, or purchase any securities in Mencast Holdings Ltd. Information in this presentation, or anything contained in it, will not form the basis of any contract or commitment whatsoever. This presentation has been prepared by Mencast Holdings Ltd. on the information available. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions in this presentation. This presentation was prepared exclusively for the parties invited for the purposes of discussion and must be viewed in conjunction with the oral presentation provided by the officers of Mencast Holdings Ltd. This presentation does not take into consideration the investment objectives, financial situation or particular needs of any particular investor. The reader(s) of this presentation should consult his or her own independent professional advisors about the issues discussed herein. Neither this presentation nor any of its content may be copied or used without the prior consent of Mencast Holdings Ltd. 1

2 Disclaimer This presentation and its contents have been reviewed by the Company s sponsor, CIMB Bank Berhad, Singapore Branch (the Sponsor ), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the SGX-ST ), this being the SGX-ST Listing Manual Section B: Rules of Catalist. The Sponsor has not independently verified the contents of this document. This presentation has not been examined or approved by the SGX-ST and the Sponsor and the SGX-ST assume no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document. The contact person for the Sponsor is Mr Mah Kah Loon, Head, Corporate Finance, CIMB Bank Berhad, Singapore Branch, 50 Raffles Place, #09-01 Singapore Land Tower, Singapore , telephone (65) Disclaimer The views expressed by Mencast Holdings Ltd. (the External Party ) on the occasion of CIMB Securities Corporate FOCUS: Mencast Holdings Ltd. are the personal views and opinions of the External Party (the External Party s Views ) and in no way reflect the views, opinions, expressions or representationsof CIMB Securities (Singapore). CIMB Securities has no, and will not accept any, obligation to check or ensure (i) the reliability, relevancy or fairness of the External Party s Views, or (ii) the accuracy or completeness of the External Party s Views. Without prejudice to or derogating from the generality of the foregoing, no representation or assurance is given by CIMB Securities (Singapore) that the External Party s Views contain all information that an investor may require. To the extent permitted by applicable law, CIMB Securities (Singapore), or any of its affiliates, or its related persons (and their respective directors, associates, connected persons and/or employees) shall not be liable in any manner whatsoever for any consequences (including but not limited to any direct, indirect or consequential losses, loss of profits and damages) arising from the reliance or use of the External Party s Views. Investors are advised to make their own independent evaluation of the External Party s Views, consider their own individual investment objectives, financial situation and particular needs and consult their own professional and financial advisers as to the legal, business, financial, tax and other aspects as investors may regard as relevant. 2

3 Presentation Outline Group Overview Financial Review (FY2010) Business Overview Group Overview Group Overview 3

4 Share Information 52-week range Market Capitalization P/E ratio P/B ratio Dividend yield FY2010 No. of Shares S$ S$ S$ 76m 24/6/11 : S$ x (1) (2) 1.9 x (1) (3) 3.0% (1) 170,572,600 Major Shareholders Sim Family (57.5%) Gay Chee Cheong (5.23%) Notes: 1) Based on the closing price of S$ per share on 24 June ) Based on the earnings per share for FY2010 of 5.39 cents 3) Based on the book value per share as at 31 December 2010 of 23.8 cents Group Organizational Structure Mencast Holdings Ltd. Mencast Marine Mencast Engineering M.B.A. Heavy Industries Mencast Offshore & Marine (formerly known as Mencast Investment ) Recon Propeller & Engineering 51% TG Offshore Top Great group of companies (1) Unidive group of companies Notes : (2) (1) Pursuant to a sale and purchase agreement dated 18 May The acquisition is expected to be completed by end July (2) Pursuant to a sale and purchase agreement dated 21 June The acquisition is expected to be completed by end July

5 (*) Descriptions Built-Up Area (sqm) No. 7 Tuas View Circuit Sterngear equipment manufacturing 6,698 No. 12 Kwong Min Road Mainly staff accommodation and storage area 2,946 No. 39 Tuas Avenue 13 Sterngear services (Under Recon Propeller) 1,550 No. 24 Loyang Crescent Offshore and Marine Structure Fabrication 2,975 6 Tech Park Crescent Singapore Topside (Rope Access) and subsea (diving) services for the offshore and inshore marine industry, particularly in Inspections, Repairs & Maintenance. 1,718 Construction In Progress Descriptions Site Area (sqm) 42E Penjuru Road Manufacture heavy rudder assemblies and highend sterngear equipment for the marine and offshore industries Construction date: 2010 Commencement of full operations : ,466 *Assuming that the acquisition of of the Top Great and Unidive group of companies have been completed. Mencast - No. 7 Tuas View Circuit Mencast - No. 12 Kwong Min Road Recon - No. 39 Tuas Avenue 13 5

6 Top Great- Singapore Headquarter at 24 Loyang Crescent Top Great- Malaysia office at No. 30, Jalan Masyhur 1, Taman Perindustrian Desa Cemerlang Ulu Tiram, Johor Bahru Top Great- Indonesia Office at Jln. Brig. Jend. Katamso Km 5, 5 Tanjung Uncang Batam, Kepri, Indonesia Top Great- Oman Office at PO Box No. 398, Azaiba, PC: 130 Sultanate of Oman 6

7 Unidive Singapore Office at 6 Tech Park Crescent Singapore Group Profile MENCAST Established in 1981, Mencast is a marine service company and the leading sterngear manufacturer and repair company in Singapore. Existing facilities 9,944 sqm of built-up area for repair, manufacturing and staff accommodation. Waterfront facilities Recon Propeller Top Great group of companies (*) 35,466 sqm of built-up area for high end manufacturing and repair for Oil & Gas and Marine industries from 2H ,550 sqm of built-up area for Sterngear services. 2,975 sqm of built-up area for Offshore and structure fabrication Unidive group of companies (*) *The acquisition of of the Top Great and Unidive group of companies is expected to be completed by end of July ,718 sqm of built-up area for Topside (Rope Access) and subsea (diving) services for the offshore and inshore marine industry, particularly in Inspections, Repairs & Maintenance. 7