Media Chinese International Ltd · HKEX:685
Media Chinese International — Shareholder Meeting (August 2012)
42 slides from Media Chinese International's shareholder meeting presentation, Aug 29, 2012
Slide 1: Media Chinese International Limited Annual General Meeting
Media Chinese International Limited Annual General Meeting 29 August 2012 1 Stock Code: (Malaysia) 5090 ; (Hong Kong) 685
Slide 2: Agenda
Agenda • Corporate Portfolio • 2011/12 Market Highlights • Financial Performance (Unaudited) • Future Plans & Strategies 2
Slide 3: Corporate Portfolio – Background & Products
Corporate Portfolio – Background & Products Media Chinese (Dual Primary Listed) Greater China Southeast Asia North America Digital Media Online: >40 MP Daily News (HK) MP Daily News in Sin Chew Daily websites Yazhou Zhoukan Vancouver and China Press Toronto ByRead 6 HK magazines Hi
Slide 4: Corporate Portfolio – History of Products
Corporate Portfolio – History of Products Publishing since In publication for • Nanyang Siang Pau 1923 89 years • Sin Chew Daily 1929 83 years • China Press 1946 66 years • Ming Pao Daily News (Hong Kong Edition) 1959 53 years • Ming Pao Monthly 1966 46 years • Ming Pao Weekly 1968 44 years • Yazhou
Slide 5: Corporate Portfolio – Printed Product Brands
Corporate Portfolio – Printed Product Brands 5
Slide 6: Corporate Portfolio – Digital Media Brands
Corporate Portfolio – Digital Media Brands Online Media (Southeast Asia) Online Media (Hong Kong) Online Media (Mainland Mobile China) Media Online Media (Canada) 6 More than 40 Websites & numerous Mobile Services
Slide 7: Agenda
Agenda • Corporate Portfolio • 2011/12 Market Highlights • Financial Performance (Unaudited) • Future Plans & Strategies 7
Slide 8: Market Share in Malaysia and Hong Kong
Market Share in Malaysia and Hong Kong MALAYSIA Period from 1 Jan 11 to 30 Jun 11 Ranking in Malaysia Chinese Newspapers Sin Chew No. 1 -Sin Chew Daily 407,483 No. 3 -Guang Ming Daily 116,118 Nanyang No. 2 -China Press 240,301 No. 4 -Nanyang Siang Pau (figure for the period 1.7.06 to 30.6.07) 114,04
Slide 9: YTD Adex for FY2011 in Malaysia
YTD Adex for FY2011 in Malaysia YTD Adex for FY2011 Total Adex (RM) NPPS : 4,358m Cinema Outdoor POS 11.4% Radio 0.3% 1.4% 1.7% Internet Magazines: 146m 5.2% 0.8% TV Magz 36.3% 1.8% TV : 3,014m Radio : 428m NPPS Outdoor : 119m 52.6% POS : 141m 4.6% Internet : 64m Cinema : 22m RM 8,291m 8.2% Adex in
Slide 10: YTD Adex for YTD June 2012 in Malaysia
YTD Adex for YTD June 2012 in Malaysia YTD Adex for YTD June 2012 Total Adex (RM) NPPS : 2,071m Cinema Outdoor POS -0.3% 0.3% 1.8% Radio 1.9% Internet 5.3% 0.6% FTA Magazines: 67m Magz 33.0% 1.7% FTA : 1,367m NPPS Radio : 205m 53.3% Outdoor : -2.2% 70m POS : 72m Internet : 24m RM 3,888m Cinema : 12m
Slide 11: Total Adex for FY2011 in Hong Kong
Total Adex for FY2011 in Hong Kong Total Adex FY2011 Total Adex (HKD) Interactive Others 4.3% 11.7% NPPS : 13.3% Radio 3.7% 29,269m Magazines: MAGZ TV 13,661m 18.2% 14.8% 33.9% TV : 31,410m NPPS Radio : 3,439m 31.6% Interactive : 3,988m Others NPPS : 10,802m 14.0% : 11.8% Magazines 12.8% HKD 92,569m
Slide 12: Total Adex for YTD June 2012 in Hong Kong
Total Adex for YTD June 2012 in Hong Kong Total Adex Jan-Jun 2012 Total Adex (HKD) Interactive Others 6% 12% NPPS : 14,825m Radio 9.6% 3% Magazines : MAGZ TV 6,700m 16.1% 33% 15% TV : 16,203m NPPS Radio : 1,621m 31% Interactive : 3,045m NPPS Others: 9.4%: 5,670m 9.9% Magazines 9.6% HKD 48,063m : 1.1
Slide 13: Agenda
Agenda • Corporate Portfolio • 2011/12 Market Highlights • Financial Performance (Unaudited) • Future Plans & Strategies 13
Slide 14: FY2011/12 Full Year Results
FY2011/12 Full Year Results For the year ended 31 March (US$’ 000) 2012 2011 2010 Turnover 472,237 445,844 376,001 Profit before income tax 84,915 74,207 55,113 Profit after income tax for the 64,343 55,785 41,442 year 14
Slide 15: Financial Performance – Turnover
Financial Performance Full Year Financial Performance – Turnover Full Year Results (US$ million) FY 2011/12 FY 2010/11 FY 2009/10 Malaysia & other SEA countries 292.0 ↑5.7% 276.2 234.4 Hong Kong, PRC & North America 109.9 ↑5.4% 104.3 95.3 Tour and travel related services 70.3 ↑7.7% 65.3 46.3 Total T
Slide 16: Financial Performance – Profit before income tax
Financial Performance Full Year Financial Performance – Profit before income tax Full Year Results (US$ FY FY FY million) 2011/12 2010/11 2009/10 Malaysia & other SEA countries 72.7 ↑ 12.9% 64.4 52.5 Hong Kong, PRC & North America 10.6 ↑ 21.8% 8.7 3.3 Tour and travel related services 2.5 ↑ 31.6% 1.9
Slide 17: Financial Performance Highlights
Financial Performance Highlights As of 31 March (US$ million) 2012 2011 2010 Total assets 517.3 504.5 457.20 Net assets 419.8 399.9 349.60 Cash and cash equivalents 134.7 110.5 77.60 Shareholders Funds 413.6 394.4 341.30 Net assets per share (US cents) 24.51 23.41 20.27 Basic earnings per share (US
Slide 18: Dividend FY 2012
Dividend FY 2012 FYE 2012 FYE 2011 FYE 2010 Special Dividend (US cents) 0.400 -- -- Interim Dividend (US cents) 0.800 0.800 0.450 Second Interim Dividend (US cents) 1.448 1.153 0.771 Total Dividend (US cents) 2.648 1.953 1.221 Dividend Pay-out Ratio (as a % of PATAMI) 70.68% 60.00 % 49.98% Share Pri
Slide 19: Agenda
Agenda • Corporate Portfolio • 2011/12 Market Highlights • Financial Performance (Unaudited) • Future Plans & Strategies 19
Slide 20: Future Plans & Strategies: Proposed Travel Spin-off
Future Plans & Strategies Proposed Spin-off of MCIL Travel & Travel-related Businesses & Separate Listing on the GEM (Growth Enterprise Market) of HKEx Background of Charming Holidays Ltd. Set up in HK in 1987, celebrated its 25th anniversary in Mar 2012 Business operations in HK, Canada (Toront
Slide 21: Future Plans & Strategies: Rationale of Spin-off
Future Plans & Strategies Proposed Spin-off of MCIL Travel & Travel-related Businesses & Separate Listing on the GEM (Growth Enterprise Market) of HKEx Rationale of the Proposed Spin-off (For MCI) To enable investors, financiers & market rating agencies to appraise & assess the potential and perfo
Slide 22: Future Plans & Strategies: Spin-off Timeline
Future Plans & Strategies Proposed Spin-off of MCIL Travel & Travel-related Businesses & Separate Listing on the GEM (Growth Enterprise Market) of HKEx Timeline of the Proposed Spin-off 14 Aug 2012 Submitted Announcement of Spin-off Proposal to Bursa Malaysia & HKEx 16 Aug 2012 Submitted PN15 propos
Slide 23: Future Plans & Strategies: Digital Development
Future Plans & Strategies Digital Development Digital Products ~ Website Revamp : expected to increase in web traffic, web visitors & web revenue ~ Mobile Apps : MPDN’s news content Apps; Partyline empowered by MPW ~ e-Books Apps : MP Publications ~ e-Magazine Apps :Yazhou Zhoukan, Top Gear, MP Mo
Slide 24: Future Plans & Strategies: Digital Products
Future Plans & Strategies Digital Products Website revamp Mobile Apps e-Magazine Apps e-Book Apps 24
Slide 25: Future Plans & Strategies: Digital Education Business
Future Plans & Strategies Digital Education Business iRead iCampus ~ Partnership with HKU ~ Promote their Tablet learning system to Primary and Secondary schools ~ Prepare for the trend of e-TextBook for the future Target school market for e-Book service iClass ~Support all digital devices, targeted
Slide 26: Future Plans & Strategies: IT Strategy
Future Plans & Strategies IT Strategy Cloud Server Strategy CMS to support multi- publishing Advantage ~ enjoy flexibility & scalability ~ save investment on hardware, office space and manpower ~ better service for oversea readers 26
Slide 27: Future Plans & Strategies: Social Media
Future Plans & Strategies Social Media Official Facebook Account and Weibo Account Expanding influence beyond Launchedprint on March 2012 Video.sinchew-i.com Newly completed voice recording studio to facilitate better video quality, revamped content to encompass news and lifestyle Launched on May 20
Slide 28: Questions from Minority Shareholder Watchdog Group
Agenda Questions from Minority Shareholder Watchdog Group 28
Slide 29: Questions from Minority Shareholder Watchdog Group: Question 1
Questions from Minority Shareholder Watchdog Group Question 1 As pointed out on page 19 in your Annual Report, it was stated that the Company has been investing in digital media on top of print publications. Could the Board explain the proportions between the two (2) market segments i.e digital medi
Slide 30: Questions from Minority Shareholder Watchdog Group
Questions from Minority Shareholder Watchdog Group It is indeed a challenge to monetize the digital media which is characterized by dynamism and volatility. However, digital innovations have created exciting channels of communication and more and more people are getting news and information from dif
Slide 31: Questions from Minority Shareholder Watchdog Group: Question 2
Questions from Minority Shareholder Watchdog Group Question 2 What measures, apart from those stated in the Annual Report, are being taken to improve the readership level of Guang Ming Daily from its current level of 409,000 readers ? Guang Ming Daily’s readership had improved by 26 % from 324,000 i
Slide 32: Questions from Minority Shareholder Watchdog Group
Questions from Minority Shareholder Watchdog Group Below are some ongoing measures taken by the management of Guang Ming Daily: •Enhancing contents for young adults and middle household income group ; •Enhancing its sales team especially in monitoring of its loose sales copies; •Having more promotio
Slide 33: Questions from Minority Shareholder Watchdog Group: Question 3
Questions from Minority Shareholder Watchdog Group Question 3 With China’s softening economy, how would such development impact the Company’s travel business specifically in the near term? We do not foresee any significant impact on the Group because the Group’s travel business in China is currently
Slide 34: Corporate Governance: Reinforce Independence
Questions from Minority Shareholder Watchdog Group Corporate Governance MSWG is promoting standards of corporate governance best practices in PLCs. In this regard, we would like the Board to address the following issues : Question 1 Reinforce Independence Formalise a policy on succession planning, e
Slide 35: Questions from Minority Shareholder Watchdog Group
Questions from Minority Shareholder Watchdog Group We note your comments. As the Corporate Governance Code and the MCCG 2012 was recently launched this year, the Board will have to evaluate the amendments and arrive at a policy that will meet the requirements of both Malaysian and Hong Kong stock ex
Slide 36: Questions from Minority Shareholder Watchdog Group: Question 2
Questions from Minority Shareholder Watchdog Group Question 2 MCCG 2012 recommends that the Board must comprise a majority of independent directors where the Chairman of the Board is not an independent director. In this regard, it is proposed that the Board should comprise a majority of independent
Slide 37: Questions from Minority Shareholder Watchdog Group: Question 3
Questions from Minority Shareholder Watchdog Group Question 3 We note that the Company’s involvement in Green initiatives, especially the “Carbon Audit- Green Partner” programme in Hong Kong. Could the Board enlighten shareholders as to the progress of those initiatives and to what extent its impact
Slide 38: Carbon Audit-Green Partner Programme Activities
Questions from Minority Shareholder Watchdog Group Regarding to the “Carbon Audit-Green Partner” programme, we have carried out the below activities for years: •Incorporate energy saving and GHG emission reduction factors into our purchase decisions; •Enhance staff’s awareness on energy saving and G
Slide 39: Questions from Minority Shareholder Watchdog Group
Questions from Minority Shareholder Watchdog Group •Carry out regular checking on air-conditioning system to prevent leakage of refrigerants; •Establish and implement office procedures to turn off the lights and air-conditioning when not in use; •Choose energy-saving light bulbs, electronic ballasts
Slide 40: Energy Consumption and GHG Reduction
Questions from Minority Shareholder Watchdog Group Over the past 4 years, we have been able to cut 17% energy consumption which represents a reduction of 622 tones GHG emissions. At present, we are looking for measures to enhance the energy efficiency of our chiller plants so as to save energy and f
Slide 41: Thank you
ie Thank you 41
Slide 42: Looking Forward Statements
Looking Forward Statements This presentation includes certain forward-looking statements. A statements, other than statements of historical facts, that address activities, events or developments that Media Chinese International Ltd expects or anticipates will or may occur in the future are forward-l
Media Chinese International — Shareholder Meeting (August 2012) on 6ix