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Investor Update 31 December 2014 2014
INVESTOR UPDATE 31 DECEMBER 2014 2014 TH QUARTERLY REPORT From The Desk Of The Chairman Dear Shareholders, We are pleased to announce that PPB Group’s revenue rose by 12% to RM3.7 billion for year 2014 mainly driven by growth in most of the Group’s core segments. PPB Group posted an unaudited proft before tax of RM1.03 billion for year 2014, down 3% from the year before. The lower proft was due to reduced proft contribution from Wilmar International Limited, lower income from investment in equities and losses in the packaging business reported within “Other Operations”. Most of the Group’s core segments achieved better results for year 2014. Proft for the year was RM938.9 million and earnings per share stood at 77.33 sen. The Board of Directors has recommended a fnal single tier dividend of 16 sen per share for the fnancial year ended 31 December 2014 subject to shareholders’ approval at the forthcoming Annual General Meeting. The fnal single tier dividend is payable on 29 May 2015 and together with the interim single tier dividend of 7 sen per share, the total dividend for fnancial year 2014 would be 23 sen per share compared with 25 sen paid in respect of year 2013. 2 From The Desk Of The Chairman (Cont’d) GOING FORWARD CSR ACTIVITIES The performance of the Group’s four, feed and food-related PPB Group through its 80%-subsidiary, FFM Berhad, was prompt businesses should be sustainable, based on their enlarged to reach out to the food victims who were badly hit by the distribution channels and market share. -
1Pay E-Wallet and Onecard Member Terms and Conditions of Use (V.4.0 01 June 2021)
1PAY E-WALLET AND ONECARD MEMBER TERMS AND CONDITIONS OF USE (V.4.0 01 JUNE 2021) Definitions 1PAY The electronic payment system which is established and managed by the Operator for 1 Utama Shopping Centre and other Bandar Utama Group entities for use by ONECARD Members by way of a 1PAY E-Wallet or by using the credit card, debit card or online banking linked in the 1Utama Mobile App or other online and offline means that may be introduced by the Operator from time to time. 1PAY E-Wallet The electronic wallet under 1PAY accessed via the 1 Utama Mobile App or a valid physical ONECARD (by swiping or tapping) which contains the ONECARD Member’s available CASH balance denominated in Ringgit Malaysia which can be used to make a 1PAY E-Wallet Transaction or a CPC Top Up. 1PAY E-Wallet Top Up When a ONECARD Member increases the CASH balance in its 1PAY E-Wallet via one or more of the methods and at any of the locations provided in Clause 29. For the avoidance of doubt, the earning of UPoints and CPC Top Ups are not 1PAY E-Wallet Top Ups. 1PAY E-Wallet Transaction A completed and successful payment made by the ONECARD Member to a Merchant for a purchase at the Merchant’s Outlet or to the Operator for a purchase on ONESHOP using the 1PAY E-Wallet which may be a payment using CASH, UPoints (through a Redemption Transaction) or a combination of the two. For the avoidance of doubt, 1PAY E-Wallet Top Ups and Direct Pull Transactions are not 1PAY E-Wallet Transactions and are not subject to the daily CASH transaction limit set out in Clause 33. -
Sungei Wang Plaza
GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG -
IGB CORPORATION (IGB MK, IGB.KL) 6 January 2012
PROPERTY IGB CORPORATION (IGB MK, IGB.KL) 6 January 2012 Emerging from the value trap! Company report BUY Benny Chew, CFA/ Nik Ikhwan (Upgraded) [email protected] +603 2036 2299 Rationale for report: Company Update Price RM2.49 Investment Highlights Fair Value RM3.50 52-week High/Low RM2.66/RM1.76 • We are upgrading IGB Corporation (IGB) from HOLD to Key Changes BUY, and raised our fair value from RM2.30/share to Fair value RM3.50/share based on a 22% discount to our NAV of EPS unchanged RM4.50/share. YE to Dec FY10 FY11F FY12F FY13F • IGB is distinctively undervalued (consensus NAV: RM3.80- RM4.80) despite its portfolio of prime properties. But, the Revenue (RMmil) 719.4 723.8 790.1 823.5 lack of proactive initiatives to crystallise its deep- Core net profit (RMmil) 174.3 171.9 182.3 187.0 EPS (Sen) 11.7 11.4 12.1 12.4 embedded value has engendered a ‘value trap’ stigma. EPS growth (%) 9.7 (2.1) 5.8 2.6 This would soon change, we believe. Consensus EPS (Sen) 13.1 14.5 15.5 DPS (Sen) 2.5 2.5 2.5 2.5 • Triggered by the high implied capital values evident in the PE (x) 21.4 21.8 20.6 20.1 recent listing of Pavilion REIT and CapitaMall Trust and a EV/EBITDA (x) 11.3 12.0 11.0 10.7 flat interest rate cycle, IGB may be moving to optimise the Div yield (%) 1.0 1.0 1.0 1.0 ownership structure of its prime properties by embracing ROE (%) 5.6 5.2 5.2 5.1 Net Gearing (%) 10.0 6.3 11.7 9.2 REITs as tax-efficient vehicles to house its assets. -
Kuala Lumpur, Melaka & Penang
Plan Your Trip 12 ©Lonely Planet Publications Pty Ltd Kuala Lumpur, Melaka & Penang “All you’ve got to do is decide to go and the hardest part is over. So go!” TONY WHEELER, COFOUNDER – LONELY PLANET THIS EDITION WRITTEN AND RESEARCHED BY Simon Richmond, Isabel Albiston Contents PlanPlan Your Your Trip Trip page 1 4 Welcome to Top Itineraries ...............16 Eating ............................25 Kuala Lumpur ................. 4 If You Like... ....................18 Drinking & Nightlife.... 31 Kuala Lumpur’s Top 10 ...6 Month By Month ........... 20 Entertainment ............ 34 What’s New ....................13 With Kids ....................... 22 Shopping ...................... 36 Need to Know ................14 Like a Local ................... 24 Explore Kuala Lumpur 40 Neighbourhoods Masjid India, Day Trips from at a Glance ................... 42 Kampung Baru & Kuala Lumpur ............. 112 Northern KL .................. 83 Bukit Bintang Sleeping ......................124 & KLCC .......................... 44 Lake Gardens, Brickfields & Bangsar .. 92 Melaka City.................133 Chinatown, Merdeka Square & Bukit Nanas ...67 Penang .........................155 Understand Kuala Lumpur 185 Kuala Lumpur Life in Kuala Lumpur ...197 Arts & Architecture .... 207 Today ........................... 186 Multiculturalism, Environment ................212 History ......................... 188 Religion & Culture ......200 Survival Guide 217 Transport .....................218 Directory A–Z ............. 222 Language ....................229 Kuala -
Sunway REIT Financial Results 4Th Quarter Ended 30 June 2017
Sunway REIT Financial Results 4th Quarter Ended 30 June 2017 (FYE 30 June 2017) Announcement Date: 10 August 2017 DISCLAIMER This presentation is for information purposes only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security of Sunway Real Estate Investment Trust (“Sunway REIT”) and no part of it shall form the basis of, or be relied on in connection with, any contract, commitment or investment decision whatsoever. The information contained in this presentation is strictly private and confidential and is being provided to you solely for your information. This presentation may not be distributed or disclosed to any other person and may not be reproduced in any form, whole or in part. This presentation is not intended for distribution, publication or use in the United States. Neither this document nor any part or copy of it may be taken or transmitted into the United States or distributed, directly or indirectly, in the United States. Sunway REIT has not registered and does not intend to register any securities under the U.S. Securities Act of 1933 (the “Securities Act”). Accordingly, any offer of securities of Sunway REIT is being made only outside the United States pursuant to Regulation S under the Securities Act. You represent and agree that you are located outside the United States and you are permitted under the laws of your jurisdiction to participate in any offering of securities of Sunway REIT. This presentation may contain forward looking statements which are not subject to change due to a number of risks, uncertainties and assumptions. -
Exhibitors Briefing
EXHIBITORS BRIEFING SUPPORTING ORGANISATIONS SHOW FACTS Show Title FOOD AND HOTEL MALAYSIA 2017 The 14th Malaysian International Exhibition of Food, Drinks, Hotel, Restaurant & Foodservice Equipment, Supplies, Services & Related Technology Venue Kuala Lumpur Convention Centre, Malaysia & Mandarin Oriental Hotel, Kuala Lumpur, Malaysia Date 26 – 29 September 2017 Opening Hours 10.00am – 6.00pm (26-28 September 2017) 10.00am – 5.00pm (29 September 2017) Admission Open to all professionals, trade and business visitors related to the food and hospitality industries only. Status Malaysia's Official Food & Hotel Show Size of Exhibition 17, 000 sq. metres No. of Participating Companies 1,200 participating companies (local & international) No. of Countries/Regions 50 countries including: Represented Argentina, Australia, Austria, Belgium, Brazil, Brunei, Bulgaria, Canada, Chile, China, Colombo, Czech Republic, Denmark, Ecuador, Finland, France, Germany, Greece, Hong Kong SAR, India, Indonesia, Italy, Japan, Malaysia, Mauritius, Mexico, Monaco, New Zealand, Norway, Oman, Paraguay, Philippines, Poland, Portugal, Republic of Korea, Saudi Arabia, Singapore, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Taiwan, Thailand, The Netherlands, Turkey, United Arab Emirates, United Kingdom, United States of America & Vietnam International Pavilions 12 –Algeria, China (Fujian Province), Belgium, Japan, Korea, Libya, Philippines, Poland, Singapore, Taiwan, Tunisia, Turkey and USA Major Industry Players Auric Marketing, Bidfood Malaysia, Euro-Atlantic, -
Property Market 2013
Property Market 2013 www.wtw.com.my C H Williams Talhar and Wong 30.01, 30th Floor, Menara Multi-Purpose@CapSquare, 8 Jalan Munshi Abdullah, 51000 Kuala Lumpur Tel: 03-2616 8888 Fax: 03-2616 8899 KDN No. PP013/07/2012 (030726) Property Market 2013 www.wtw.com.my C H Williams Talhar and Wong 30.01, 30th Floor, Menara Multi-Purpose@CapSquare, 8 Jalan Munshi Abdullah, 51000 Kuala Lumpur Tel: 03-2616 8888 Fax: 03-2616 8899 KDN No. PP013/07/2012 (030726) CH Williams Talhar & Wong established in 1960, is a leading real estate services company in Malaysia & Brunei (headquartered in Kuala Lumpur) operating with 25 branches and associated offices. HISTORY Colin Harold Williams established C H Williams & Co, Chartered Surveyor, Valuer and Estate Agent in 1960 in Kuala Lumpur. In 1974, the company merged with Talhar & Co, a Johor-base Chartered Surveying and Valuation company under the sole-proprietorship of Mohd Talhar Abdul Rahman. With the inclusion of Wong Choon Kee, in a 3-way equal partnership arrangement, C H Williams Talhar and Wong was founded. PRESENT MANAGEMENT The Group is headed by Chairman, Mohd Talhar Abdul Rahman who guides the group on policy de- velopments and identifies key marketing strategies which have been instrumental in maintaining the strong competitive edge of WTW. The current Managing Directors of the WTW Group operations are: C H Williams Talhar & Wong Sdn Bhd Foo Gee Jen C H Williams Talhar & Wong (Sabah) Sdn Bhd Robin Chung York Bin C H Williams Talhar Wong & Yeo Sdn Bhd (operating in Sarawak) Robert Ting Kang Sung -
Live Malaysia
Live Malaysia. Tour designer: Steffanie Tan Telephone: (+60) 4 376 1101 Email: [email protected] MALAYSIA | 9DAYS / 8NIGHTS Route: Round-trip from Kuala Lumpur to Penang Type of tour: Sports/activities and educational for 13 to 18-year-old students 1 TOUR OVERVIEW Join us for a fun and educational journey through Malaysia with this action-packed nine-day programme featuring sporting and cultural activities in Kuala Lumpur and the beautiful island of Penang. Discover an exciting vision of the future in the cosmopolitan capital and then journey to the past in Penang, where East meets West and modernity and old world charm combine harmoniously in its capital, George Town. Penang is regarded as a foodie’s heaven and you will be tempted to savour the best of Malaysian cuisine almost at every turn. TOUR HIGHLIGHTS Kuala Lumpur: Ascend the PETRONAS Twin Towers and enjoy 360° panoramic views of the capital from 360 metres up KL Bird Park: Come face to face with some of the planet’s most colourful and beautiful creatures in this amazing aviary Aquaria KLCC: Meet the thousands of denizens of the deep who call this world-class aquarium home Sunway Lagoon: Go wild and get wet during a full day at this fantastic theme park with five different areas Penang: Visit a house museum and see the lavish opulence in which a Chinese merchant family lived during Victorian times George Town: Cycle through the historic inner city of this UNESCO World Heritage Site for a street art and heritage trail DON'T MISS Kuala Lumpur: Drop by the Forest Chinatown: Take a gander in the Penang: Head to Penang Hill and enjoy Research Institute of Malaysia and colourful Petaling Street to experience stunning panoramic views of George stroll along the 30 metre forest canopy the hustle and bustle of this shopper’s Town from 823 metres above sea level. -
Annual Report 2014 3
Corporate Information 2 Notice of Annual General Meeting 3 – 5 Profile of Directors 6 – 7 Letter to Shareholders 8 – 12 Governance Report 13 – 22 Audit Committee Report 23 – 25 Statement on Risk Management and Internal Control 26 Shareholding Statistics 27 – 30 List of Top Ten Major Properties by Value 31 Five-Year Group Financial Highlights 32 Reports and Financial Statements 33 – 130 Proxy Form 2 IGB CorporationCorporation Berhad Corporate Information 19641964 - 20142014 BOARD OF DIRECTORS (”BOARD”) REGISTERED OFFICE Level 32, The Gardens South Tower Independent Non-Executive Chairman Mid Valley City Tan Sri Abu Talib bin Othman Lingkaran Syed Putra 59200 Kuala Lumpur, Malaysia Group Managing Director Telephone : 603-2289 8989 Telefax : 603-2289 8802 Dato’ Seri Robert Tan Chung Meng AUDITOR Executive Directors PricewaterhouseCoopers (AF1146) Tan Boon Seng Level 10, 1 Sentral Tan Boon Lee Jalan Travers Kuala Lumpur Sentral Independent Non-Executive Directors 50706 Kuala Lumpur, Malaysia Tan Kai Seng Telephone : 603-2173 1188 Yeoh Chong Swee Telefax : 603-2173 1288 Non-Independent Non-Executive Directors REGISTRAR Tricor Investor Services Sdn Bhd (118401-V) Tan Lei Cheng Level 17, The Gardens North Tower Pauline Tan Suat Ming Mid Valley City Tony Tan @ Choon Keat Lingkaran Syed Putra 59200 Kuala Lumpur, Malaysia Alternate Directors Telephone : 603-2264 3883 Chua Seng Yong, alternate to Dato’ Seri Robert Tan Chung Meng Telefax : 603-2282 1886 Daniel Yong Chen-I, alternate to Pauline Tan Suat Ming Tan Yee Seng, alternate to Tan Boon Seng -
Malaysia Real Estate Highlights
RESEARCH REAL ESTATE HIGHLIGHTS 1ST HALF 2016 KUALA LUMPUR PENANG JOHOR BAHRU KOTA KINABALU HIGHLIGHTS KUALA LUMPUR HIGH END CONDOMINIUM MARKET The residential market continues to remain lacklustre with lower volume and value of transactions recorded. ECONOMIC AND MARKET INDICATORS Limited project completions and new Malaysia’s economy expanded at a launches of high end condominiums / slower pace in 2015 with Gross Domestic residences during the review period. Product (GDP) growing at an annual rate of 5.0% (2014: 6.0%). For 2016, the Government has trimmed the country’s Growing pressure on rentals amid GDP growth forecast to 4 - 4.5% due to strong supply pipeline (existing and the volatility in crude oil prices and other new completions) and a challenging economic challenges. GDP continued rental market while prices in to moderate in the first quarter of 2016, the secondary market generally posting 4.2% growth, its slowest since continue to remain resilient. 3Q2009 (4Q2015: 4.5%), driven by domestic demand. Private consumption expanded by 5.3% while private Developers adopt innovative ‘push investment moderated to 2.2%. marketing’ strategies to boost Headline inflation for April 2016 registered at sales of selected projects and 2.1%. It is expected to be lower at 2% to 3% improve revenue. this year, compared to an earlier projection Aria of 2.5% to 3.5% and will continue to remain stable in 2017. (432 units) and The Residences at The Meanwhile, labour market conditions St. Regis Kuala Lumpur (160 units). continued to weaken with more retrenchment of workers, particularly in By the second half of 2016, the scheduled the manufacturing, mining and services completions of another five projects will sectors. -
Outlets Listing in Malaysia
OUTLETS LISTING IN MALAYSIA SURIA KLCC PAVILION KL Armani Exchange Armani Exchange Lot 111C & 111D, First Floor Lot 2.11, Level 2 Suria KLCC Pavilion Kuala Lumpur Kuala Lumpur City Centre 168 Jalan Bukit Bintang 50088 Kuala Lumpur 55100 Kuala Lumpur Tel: 2163 2658 / 2163 2692 Tel: 2148 3448 / 2148 3648 Fax: 2148 3748 ck Calvin Klein Lot 107, First Floor cK Calvin Klein Suria KLCC Lot 2.12, Level 2 Kuala Lumpur City Centre Pavilion Kuala Lumpur 50088 Kuala Lumpur 168 Jalan Bukit Bintang Tel: 2161 7719 / 2161 7725 55100 Kuala Lumpur Tel: 2142 0019 /2142 0029 DKNY Lot 132B & 133B, First Floor DKNY Suria KLCC Lot 2.44, 2.45 & 2.47 Kuala Lumpur City Centre Level 2 Pavilion Kuala Lumpur 50088 Kuala Lumpur 168 Jalan Bukit Bintang Tel: 2164 3763 / 2164 3764 55100 Kuala Lumpur Tel: 2141 9770 /2141 9778 Emporio Armani Lot G21 & G22 , Ground Floor Marc by Marc Jacobs Suria KLCC Lot 3.48, Level 3 Kuala Lumpur City Centre Pavilion Kuala Lumpur 50088 Kuala Lumpur 168 Jalan Bukit Bintang Tel: 2166 9714 / 2161 4549 55100 Kuala Lumpur Fax: 2171 2353 Tel: 2141 8827 /2141 8857 Giorgio Armani Armani Jeans Lot LC-G03,Ground Floor, Lot 3.01.11 , Level 3 Lot C,Suria KLCC Pavilion Kuala Lumpur Kuala Lumpur City Centre 168 Jalan Bukit Bintang 50088 Kuala Lumpur 55100 Kuala Lumpur Tel: 2166 7003 / 2166 7002 Tel: 2145 2911 / 2145 3911 Marc Jacobs Lot G03B, Ground Floor Club 21 Multilabel Suria KLCC Lot 3.34 , 3.35 & 3.36 , Level 3 Kuala Lumpur City Centre Pavilion Kuala Lumpur 50088 Kuala Lumpur 168 Jalan Bukit Bintang Tel: 2171 2812 / 2171 2813 55100 Kuala Lumpur Tel: 2142 8806 Mulberry Fax: 2143 8806 Lot 128A, First Floor Suria KLCC 1 UTAMA SHOPPING CENTRE Kuala Lumpur City Centre Armani Exchange 50088 Kuala Lumpur G309, Ground Floor Highstreet Tel: 2171 1102 / 2171 1103 1 Utama Shopping Centre No.