dialog corporate presentation - july 2020

DIALOG GROUP BERHAD

Corporate Presentation

DIALOG GROUP BERHAD

July 2020


A leading Integrated Technical Service Provider

for the Oil, Gas & Petrochemical Industry

About Us

Strictly Business Confidential

2,900Employees

TenCountries

20bilMarket Capitalisation

RM1984Founded

(as at 30 June 2020)

213/07/2020


Core Services & Strategic Outlook


Midstream

Downstream

Upstream

OUR

INTEGRATED TECHNICAL SERVICES

OUR UPSTREAMINVESTMENTS

Upstream Assets & Services

Midstream Assets & Services –Terminals & Supply Base

OUR MIDSTREAMINVESTMENTS

DIALOG’s business model is well structured

to manage oil price volatility and currency movements

• Engineering, Procurement, Construction & Commissioning

• Specialist Products & Services

• Plant Maintenance & Catalyst Handling Services

• Fabrication

• Digital Technology & Solutions

313/07/2020


Midstream Assets


Terminals,

LNG Facilities

& Supply Base

Long TermRecurring Income

Leveraging on Our Integrated

Services

Owner / Operator Long TermSustainable

Income

413/07/2020


Midstream Assets


Kertih Centralised Tankage

Facilities (KTSB)

DIALOG Terminals Langsat

Facility

(DTL1, DTL2, DTL3)

Jubail Offshore Supply Base

Pengerang Independent Terminal

(PITSB)

Pengerang LNG Facilities

(PLNG2)

Pengerang, Johor

Pengerang, Johor

Tanjung Langsat, Johor

Kertih, Terengganu

Saudi Arabia

Pengerang Terminal 2

(PT2SB)Pengerang, Johor Johor

Terengganu

KualaLumpur

SaudiArabia

513/07/2020


Kertih Centralised Tankage Facilities (KTSB)


400,000 m3

Take or Pay

3.2 mil m3

▪ Petronas Chemicals

Ammonia Sdn Bhd


Olefins, Glycols &

Derivatives


Aromatics Sdn Bhd

▪ BP Petronas Acetyls

Sdn Bhd

Storage Capacity

Concept

Throughput 88% Guaranteed

by users

OUR USERSHandling, Storage &

Distribution of

Chemicals,

Petrochemical Feed

Stock Products,

Petroleum Products

& By-Products

Commenced Operations 2000

613/07/2020

Corporate Presentation Strictly Business Confidential

DIALOG Terminals Langsat(DTL1, DTL2, DTL3)

LangsatTerminal (Two)

Langsat Terminal (One)

LangsatTerminal (Three)

Langsat 1 &

Langsat 2

650,000 m3

Storage Capacity

85 acresLand Area

39 yearsLand Concession

(Up to 2046)

TermAgreement


Storage, Blending,

Distribution of

Petroleum Products

& By-Products

Plans for

Langsat 3

35 acresLand Area

30 yearsLand Concession(Up to 2048)

Storage Capacity

120,000 m3

Available for

expansion

200,000 m3

Built, owned & operated by DIALOG


Expansion in

progress

85,000 m3

713/07/2020


MALAYSIA

Indonesia

Australia

Taiwan

Hong Kong

Thailand Vietnam

IndiaMyanmar

Brunei

Japan

Sri Lanka

China

Pengerang: The Perfect Location

To capture APAC demand growth over the next 30 years

Next to international shipping

lanes

Deepwater ( 24 meters ) jetty facilities

Naturally sheltered harbor

All-weather port

Proximity to Singapore – existing

major refining and petrochemical hub

ASEAN Population

~ 650 mil

APAC Population

~ 4 bil

MALAYSIA

813/07/2020


Investor 2

Petronas RAPID

Investor 1 Sg.

Rengit

Town

Investor 3

PengerangDeepwater Terminals


PITSB

PLNG2

PT2SB Phase 3 & Future PhasesTg Kapal

Tg Ayam

DFPF

1,200 acres

DFPF – DIALOG Fabricator Pengerang Facility

SRIE – Sungai Rengit Industrial Estate

Pengerang Deepwater Terminals (“PDT”)

Commercial Centre

Next to

Major International

population base in the region

Potentially Serving

3 Billion

913/07/2020


Phase 1: Pengerang Independent Terminals (PITSB)


51% 49%

90% 10%

Six berths

150 acres 3.2 billion

1.3 mil m3 600,000 m3

Land Area Value

Storage Capacity Available for Expansion

▪ World’s Largest

Independent Tank Storage

Service Provider

▪ Operates in 25 Countries

▪ 66 Terminals Worldwide

▪ Total storage capacity of

37.0 million cubic metres

▪ Annual Turnover

EUR1.252 billion (FY2019)

Storage, Blending,

Distribution of

Crude Oil &

Petroleum

Products

RMOUR PARTNER

430,000 m3

Phase 1E Expansion

Commenced Operations

* Approximate

*

(~USD800 mil)

Commenced operations 2014

Phase 1E Expansion In-Progress+430,000m3

Phase 11.3 mil m3

Phase 1E Expansion +430,000m3

Phase 11.3 mil m3

1013/07/2020


10%


40%

Johor State(S.S.I)

PRPCUF (Petronas)

25%

Dedicated Industrial Terminal for Refinery and Petrochemical Integrated Development (“RAPID”) Complex

25%

1.3 mil m3

12 berths

*

* Approximate

157 acresLand Area Storage Capacity

Handling, Storage,

Distribution of

Crude Oil, Petroleum,

Chemical &

Petrochemical

Feedstock, Products

& By-Products

6.3 bilValue

RM *


Shareholders AgreementSigned 19 Dec 2014

Phase 2:

Pengerang Terminals (Two) (PT2SB)

*

EPCC by DIALOG

5.5 bilRM

(~USD1.4 bil)

(~USD1.6 bil)

1113/07/2020


Artist’s Impression


65% 10%

PetronasGas

25%

Pengerang LNG (Two) Sdn Bhd

2.7 Bil*

Project Value

RM

Peninsular Gas

Utilisation Pipeline

System

Can be injected into

Pengerang

Integrated

Complex

Supplied to

One unitof Regasification

Unit

400,000 m3

LNG Storage Tanks

Capacity

Liquefied Natural Gas (LNG) Regasification Facilities

Shareholders Agreement

Signed 14 Nov 2014

3.5 milmetric tonnes p.a.Initial Send Out Capacity

Commenced Operations Nov 2017

* Approximate

Phase 2:

Pengerang LNG2 (PLNG2)

(~USD 675 mil)

1213/07/2020


Phase 1/PITSB

Phase 2A/PT2SBDialog

Workshop

2B:PLNG

Phase 3 + Future

Development

Common Tankage

Facilities &

Deepwater Marine

Facilities

Petroleum

Products & By-

Products

300 acresReclamation Completed

2.5 BilInitial Investment Cost

RM

(~USD 625 mil)

12-16Berths

MOU Signed5 April 2018

*

Johor State(S.S.I)

Phase 3A:

* Approximate

Phase 3: PCTF (Common Facilities), SPV 5 & 6 (Terminals)

3A

430,000 m3

Construction of tankage facility & Jetty 3 in progress

Target completion: Mid-2021

1313/07/2020


Jubail Offshore Supply Base


Vessels Call& Berthing

Offshore OperationSupport Vessels

Crew Change

Imported Materials & Supplies –Stored, Assembled & Prefabricated

Single-pointInterface with

Relevant Authorities

Bunker Fuel &Potable Water

Offshore FacilitiesEquipments for

Repair & Maintenance

Central Life Raft Inspection & Buoy Maintenance Centre

4.54 hectares

Centralised

Services

Integrated Offshore Supply Base

Land Area

SaudiArabia

Malaysia

Al Jubail

1413/07/2020


DIALOG Upstream


Mature Fields

BAYANOilfields Services Contract (OSC)

Mature Fields

D35 / D21 / J4Production Sharing Contract (PSC)

Company

Partners

DIALOG Interest

Project Duration

Work Scope

Halliburton BayanPetroleum Sdn Bhd

Unincorporated

95% 20%

24 years (year 2036) 20 years (year 2034)

Enhance the recoverable reserves

over the Bayan Fields through:-

Production Enhancement

Activities, Oil Development and

Prospect Appraisal

Field re-development and

enhancement of oil recovery to

commercially encourage progressive

incremental oil development over full

life of PSC

Asia Energy Services Sdn Bhd

5%

E&P MalaysiaVenturesSdn Bhd

30% 40% 10%

Production in Mature Fields

Bayan

D35 PSC

1513/07/2020


Integrated Technical Services


Specialist Products & Services

Engineering, Procurement,

Construction & Commissioning

Plant Maintenance &

Catalyst Handling Services

Fabrication

Digital Technology & Solutions

1613/07/2020


Engineering, Procurement, Construction & Commissioning

(EPCC)1713/07/2020


Pengerang Terminal Project

Phase 1E Expansion in progress November 2018

1813/07/2020


Langsat Terminal Project

Overall Site View

1913/07/2020


Specialist Products & ServicesSelected Customers Profile


Base OilSwellable

ElastomersCatalyst

PETRONAS

SHELL

EXXON MOBIL

NIPPON OIL

TALISMAN

CARIGALI HESS

PETROFAC

MURPHY OIL

BHP

NEWFIELD

CPOC

TOTAL

MALAYSIA

PETRONAS

ESSAR OIL

TWINZA OIL

PTTEP MYANMAR

MYANMAR

PTTEP

COASTAL ENERGY

CHEVRON

STAR PETROLEUM

ESSO SRIRACHA

PTTAR

THAI OIL

THAILAND

PETROVIETNAM

CARIGALI VIETNAM

VIETSOVPETRO

CUU LONG

JOC

VIETNAM

CHEVRON

SHELL CHINA

PETROCHINA

SINOPEC

CNOOC

CHINA

SHOWA SHELL

JAPAN

PERTAMINA

CONOCOPHILLIPS

BP TANGGUH

CHEVRON

VICO

PT BAKER HUGHES

PT BAROID

PT TRIGUNA

PETROCHINA

TALISMAN

KALTIM 5

NIKO RESOURCES

PT MEDCO ENERGI

INDONESIA

ONGC

CAIRN ENERGY

OILEX LTD

HOEC

INDIA

SEIC

RUSSIA

CHEVRON

BRAZIL

ANADARKO

SHELL

BRITISH GAS

ANA INDUSTRIES LTD

AP OIFIELD

MI SWACO

AFRICA

HALLIBURTON

MI DRILLING

BAKER HUGHES

CHEVRON

APACHE

EXXON MOBIL

HESS

SHELL

NEWPARK

CONOCOPHILLIPS

BEACH ENERGY

WOODSIE

AUSTRALIA

SHELL

TAG OIL

SCHLUMBERGER

HALLIBURTON

NEW ZEALAND

HALLIBURTON OMAN

RAK PETROLEUM

MI GULF SERVICES

MI SWACO

DUBAI PETROLEUM

DNO

PETROLEUM DEV OMAN

MIDDLE EAST

SABIC

CHEVRON

GULF FARABI

SAHARA PETROCHEM

HALLIBURTON

ARAMCO

SAUDI

CHEVRON

BANGLADESH

CAIRN ENERGY

SRI LANKA

SHELL

ROMANIA

Automation Solutions

2013/07/2020


Plant Maintenance & Catalyst Handling Services

2113/07/2020


Plant Maintenance & Catalyst Handling Services


Efficiency

EnvironmentQuality

• Minimum Inert

Entry

• Reduced

Attrition

• Zero Dust

Emission

• Speed 200 litre

drum/

minute

• Reduce Catalyst

Handling Duration

Safety

CostProductivity

CATALYST

UTILISATION

Plant Shutdown & Turnaround

Integrated Planning & Preparation

Plant Revamp, Rejuvenation & De-bottlenecking

Long Term Maintenance Services

Catalyst Handling Services

Mechanical Specialist Services

Tank Cleaning, Desludging & Repair

EPCC & Plant Improvement

Rotating Equipment Services

Control Bolting / Joint Integrity

2213/07/2020


Fabrication

2313/07/2020


Fabrication


Fabrication, Skid, Vessel

Design & Build

Advanced Composites

Fiberglass Piping

System

Heavy Engineering

Fabrication (Offshore)

1. Pengerang

2. New Zealand

3. Nilai

4. Singapore

5. Gebeng

6. Labohan

7. Brisbane

1 2 3

4 5 6 7

2413/07/2020


Our Technology Partners

13/07/2020Strictly Business Confidential 252513/07/2020


Financial Highlights

2,358.2

2,534.5

3,392.9 3,110.6

2,386.4

1,763.5

285.3 301.3

373.1

462.7

552.3

452.0

0

100

200

300

400

500

600

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

2015 2016 2017 2018 * 2019 9M 2020*

Rev

en

ue (

RM

’millio

n)

Revenue Profit After Tax

Revenue and Profit After Tax Global Revenue Mix

Pro

fit Afte

r Tax (R

M’m

illion

)

Growth in Shareholders’ Equity

1,979.8 2,414.7 3,111.5 3,500.9

3,791.2 4,071.5

15.5

13.4 13.4 13.6

14.7

15.3

10

11

12

13

14

15

16

17

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

2015 2016 2017 2018 * 2019 Mar-20 **

Shareholders' Equity Return on Shareholders' Equity

Sh

are

ho

lders

’ E

qu

ity

(RM

’millio

n) A

vera

ge R

etu

rn o

n S

hare

ho

lders

’ E

qu

ity (“

RO

E”)(%

)

Average ROE for the last 5 years: 14.4%;

Balance Sheet

Balance Sheet

(RM’mil)

Unaudited

As At

31.03.2020

Cash & Bank Balances 1,154

Borrowings 1,783

Total Assets 7.425

Shareholders’ Equity 4,071

Gross Gearing Ratio (times) 0.43

Net Gearing Ratio (times) 0.15

56%44% Revenue Generated inMalaysia

Revenue Generatedfrom Overseas

Revenue 9M YTD FY2020: RM 1.76 billion

RM 781 mil RM 982 mil

* excluding FV Gain of RM65.6m (2018) and RM28.5m (2020)** Annualised ROE

2613/07/2020


DIALOG’s Global Presence


MALAYSIA

Singapore

IndonesiaAustralia

New Zealand

ChinaSaudi Arabia

United Arab Emirates

10 Countries & Worldwide Client Network

Offices

Customer Network

Thailand

Philippines

2713/07/2020


The Six Pillars of Success


Our Cultures & Values

People - Passion & Commitment

Corporate Services Group

Centralised Services Group

Business Unit Group

StrategicBusiness Group

BusinessStructure

Technology& Partners

FinancialStrength

Reputation& TrackRecords

RiskManagement

MarketTiming

2813/07/2020


DIALOG supports:

2913/07/2020


Efficient, Secure and Transparent Distribution of Welfare Aid

3013/07/2020


Compounded Growth: Total Families Aided

Help the Poor &

Needy by:

▪ Providing Aid for Selected

Food Items

▪ Teaching Financial Literacy

& Budgeting Skills

▪ Providing Tuition & Job

Training to The Children

TO BREAK THE POVERTY CYCLE

3113/07/2020

Thank You

www.dialogasia.com

Strictly Business Confidential 3213/07/2020

dialog corporate presentation - july 2020

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