Handong E&C

CONTENTS

1 COMPANY VISION AND MISSION

2 COMPANY BACKGROUND

3 CORPORATE OFFICE ADDRESS AND

CONTACT

4 COMPANY ORGANISATION CHART

5 BUSINESS SUMMARY

6 SHIPYARD LOCATION

7 DEVELOPMENT PLAN

8 PROJECT PLAN AND FINANCIAL

ANALYSIS
VANTECH DOCKYARD ( M) SDN BHD
 CONTENTS

9 DEVELOPMENT PROCEDURE

10 PROJECT DEVELOPMENT PLAN

11 PROJECT DEVELOPMENT PLAN

VANTECH DOCKYARD ( M) SDN BHD

 1. Company Vision & Mission

 VISION

TO BE THE PREMIER FULLY AUTOMATED SHIPYARD IN THE

WORLD AND THE LEADING SHIPBUILDER IN THE REGION.

 MISSION

TO ACQUIRE THE TECHNOLOGICAL TRANSFER BY USING THE

LATEST STATE OF THE ART MACHINERIES THROUGH EXTENSIVE
RESEARCH AND DEVELOPMENT

VANTECH DOCKYARD ( M) SDN BHD

 2.0 COMPANY BACKGROUND

 Company name : Vantech Dockyard(M) Sdn Bhd

 Registered No : 848690-T
 Established year : 4th March 2009
 Authorized Capital : RM 100,000.00
 Business field : Ship repair & Building, Offshore
Fabrication

VANTECH DOCKYARD ( M) SDN BHD

 2.0 COMPANY BACKGROUND

 16th Feb 2009 : Official Launching and contract

signing Ceremony officiated by Royal
state of Pahang Sultan Ahmad Shah
at Mandarin Hotel KL
 25th March 2009: Meeting with Korean Shipbuilder
DSME & Design consultant Handong
E&C for possible joint venture
 20th June 2009 : Ground Breaking Ceremony officiated
by Royal State of Pahang Sultan
Ahmad Shah at Tg Agas, Pekan

VANTECH DOCKYARD ( M) SDN BHD

 2.0 COMPANY BACKGROUND

 20th June 2009 : Signing MOU with DSME and

Handong E&C on Joint Venture
with Vantech Dockyard (M) Sdn
Bhd
 21st July 2009 : Master Plan & conceptual design,
land survey and soil test.
 1st June 2010 : Commencement construction

VANTECH DOCKYARD ( M) SDN BHD

 3.0 CORPORATE OFFICE

 Address : No 47, Jalan Wawasan 4/6, Bandar Baru

Ampang, 68000 Selangor Darul Ehsan.
 Tel : 03-42784494
 Fax : 03-42784495
 Website : www.vantech.com.my
 E-mail : info@vantech.com.my

VANTECH DOCKYARD ( M) SDN BHD

 4.0 MANAGEMENT & ORGANISATION

 Executive Management

VANTECH DOCKYARD ( M) SDN BHD

 4.1 ORGANISATION CHART

Chairman

Managing Director
/ CEO Secretary

Deputy Managing Director

Advisor / COO Secretary

GM Engineering & GM Marine Repair & GM Marketing GM Finance

Construction Conversion

GM Procurement GM Tender & GM Yard GM Human

Contract Management Resource

VANTECH DOCKYARD ( M) SDN BHD

 5.0 BUSINESS SUMMARY

BUSINESS NAME VANTECH DOCKYARD (M) SDN . BHD

BUSINESS ADDRESS NO 47, JALAN WAWASAN 4/6, BANDAR BARU AMPANG

68000, SELANGOR DARUL EHSAN

BUSINESS AREA 800 ACRES

BUSINESS CONDITION AREA TG AGAS, PEKAN PAHANG

CONSTRUCTION METHODS PHASES

CONSTRUCTION DURATION 8 YEARS

BUSINESS INVESTMENT RM 4.795 BILLIONS

VANTECH DOCKYARD ( M) SDN BHD

 2. LOCATION
6.0 SHIPYARD
CONDITION
LOCATION
ANALYSIS

ROAD MAPS SATELITE VIEW

VANTECH DOCKYARD ( M) SDN BHD

 6.1 SHIPYARD LOCATION

FLEXIBILITY PRESENT CONDITION

VANTECH DOCKYARD ( M) SDN BHD

6.2 SHIPYARD LOCATION

COUNTRY ENVIROMENT TOPOGRAPHY

VANTECH DOCKYARD ( M) SDN BHD

6.3 SHIPYARD LOCATION

LOCATION MAPS

VANTECH DOCKYARD ( M) SDN BHD

6.4 CONDITION LAND & LEVEL

LOCATION MAPS

VANTECH DOCKYARD ( M) SDN BHD

7.0 DEVELOPMENT PLAN

VANTECH DOCKYARD ( M) SDN BHD

7.1 1ST PHASE DEVELOPMENT

FABRICATION YARD FACILITIES

VANTECH DOCKYARD ( M) SDN BHD

7.2 2ND PHASE DEVELOPMENT

MARINE REPAIRS FACILITIES

VANTECH DOCKYARD ( M) SDN BHD

7.3 3RD PHASE DEVELOPMENT

SHIPBUILDING FACILITIES

VANTECH DOCKYARD ( M) SDN BHD

8.0 PROJECT FINANCING

VANTECH DOCKYARD ( M) SDN BHD

 8.1 FINANCIAL ANALYSIS

A) PROJECTION PROFIT

1) FABRICATION PROJECT - RM 10,000,000.00 / UNIT

FOR 1 ~ 5 YEARS , 20 UNITS (TOPSITE, JACKET, & RIGS)/YR - RM 200,000,000.00
AFTER 5 YEARS , 50 UNITS / YR - RM 500,000,000.00

2) MARINE REPAIRS - RM 3,500,000.00 / UNIT

FOR 1 ~ 5 YEARS, 60 UNITS (VLCC, LNG, RIGS & OTHERS)/YR- RM 210,000,000.00
AFTER 5 YEARS, 100 UNITS / YR - RM 350,000,000.00

3) SHIPBUILDING - RM 180,000,000.00 / UNIT

FOR 1 ~ 4 YEARS, 20 UNITS (VLCC AND LNG OR WAR SHIP) - RM 3,600,000,000.00
AFTER 4 YEARS, 50 UNITS / YR - RM 9,000,000,000.00

B) FOREIGN COMPANY INVESTMENT (30% EQUITY) - RM 2,055,000,000.00

C) PROJECT INVESTMENT - RM 4,795,000,000.00

VANTECH DOCKYARD ( M) SDN BHD

 8.2 FINANCIAL ANALYSIS

The NPV and IRR from the original estimate cost

of RM4.795 billion investments, is RM 1.27
billion and 13% for 9 years Payback period as
per the detailed analysis.

VANTECH DOCKYARD ( M) SDN BHD

 9.0 DEVELOPMENT PROCEDURE
1st Stage: Industrial development specification stage

Establish Industrial development

construction plan (1)
Advance environment analysis
(administration plan ), Traffic analysis, Property surface of water reclamation basic plan
Advance disaster affection analysis, land
aptitude valuation, culture investigation reflection decision (Marine Investigation department)

Register name of industrial development company

Reflection decision consideration

Revision report of relationship and resident

Consultation relationship between a couple Basic Plan reflection acceptance or rejection report

Making strong resolution in industrial surrounding

area, consideration of policy regulation Reclamation basic pelan (modification) notice

Industrial development authorization approval

Industrial development authorization notice

VANTECH DOCKYARD ( M) SDN BHD
 9.1 DEVELOPMENT PROCEDURE
2nd Stage: Operation Plan Stage 3rd Stage: Industri Operation Stage

Register operation plan approval Consideration

Environment, traffic, disaster effect valuation , Sea water Usage charge, damage effect valuation
Energy usage plant consultation
Construction start work

Completion approval registration

Industrial development operation Property surface of water

Completion Inspection
approval registration reclamation license registration

Property surface of water Completion Inspection

Relationship an engine reclamation license notice
consultation Completion approval,.
announcement
Property surface of water
Industrial development operation construction . Operation plan Industrial complex management
pelan approval approval registration an engine report

Property surface of water Industrial complex management

Operation plan . Topography construction operation plan an engine report
drawing notice approval

VANTECH DOCKYARD ( M) SDN BHD

 10.0 PROJECT DEVELOPMENT PLAN
WORK PROGRASS PLAN

VANTECH DOCKYARD ( M) SDN BHD

 10.2 PROJECT DEVELOPMENT PLAN
WORK PROGRESS PLAN

VANTECH DOCKYARD ( M) SDN BHD

11.0 POTENTIAL CUSTOMERS LIST/ MALAYSIA

VANTECH DOCKYARD ( M) SDN BHD

11.1 POTENTIAL CUSTOMERS LIST/ OVERSEAS

VANTECH DOCKYARD ( M) SDN BHD