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Forging Sustainable Gr Wth
FORGING SUSTAINABLE GR WTH ANNUAL REPORT 2018 KEY +HIGHLIGHTS 2 20.4% CORPORATE PROFILE REVENUE GREW TO RM400.7 MILLION +12.4% EBITDA GREW TO RM127.1 MILLION CHAIRMAN’S STATEM4ENT +10.9% PROFIT BEFORE TAXATION INCREASED TO RM75.1 MILLION +1.2 Sen EARNINGS PER SHARE HIGHER AT 15.3 SEN 10 MANAGEMENT DISCUSSION & ANALYSIS INSIDE THIS REPORT Corporate Profile 2 Our Vision, Mission & Core Values 3 Chairman’s Statement 4 Management Discussion and Analysis 10 Group’s Performance 5-Year Financial Highlights 30 Group Corporate Structure 32 Corporate Information 34 Board Committees 35 Board of Directors 36 Suria in the News 68 Board of Directors’ Profile 38 Share Price and Volume Traded 2018 70 Executive Management Committee Members’ Profile 46 Statement on Corporate Governance 71 Summary of Sustainability Report 2018 50 Additional Compliance Information 92 Highlights of Corporate Events 64 Statement on Risk Management and Internal Control 93 Highlights of Investor Relations Events 66 Audit Committee Report 106 Financial Statements 110 List of Properties 222 Shareholders’ Information 225 Notice of Annual General Meeting 228 Statement Accompanying Notice of Annual General Meeting 231 Proxy Form • COVER RATIONALE The strategic location of the State of Sabah within the BIMP-EAGA region and access to global connectivity are key in various facets of SuriaGroup’s business growth. The map of the State of Sabah symbolises the impact that SuriaGroup has had on Sabah’s development over the years with strong support from its Board of Directors, employees, stakeholders and shareholders. The compass symbolises SuriaGroup’s focus in delivering value from its strategic businesses and is poised to venture into new business spheres as it pursues new opportunities. -
Ckobicby HMS Company, Lot 3-30, 3Rd Floor, Suria Sabah Shopping
Ckobicby HMS Company, Lot 3-30, 3rd Floor, Suria Sabah Shopping Mall, 88999 Kota Kinabalu, Sabah, Malaysia. Mdm. Dayang Haryani Diana Bt. Awang Damit Lecture of Entrepreneurship, University Teknologi Mara, Kampus Cawangan Sabah, 88997 Kota Kinabalu, Sabah. Mdm, SUBMISSION OF BUSINESS PLAN � The above matteris referred 02. On behalf of my group, I as a-GeneralManager of Ckobicby HMS Sdn Bhd, would like to submit P-lan d. 03. Upon completingthis usiAess.f>la , all rnembefsin this �ety had pu continuous commitment so that our completion of the business plan would run smoothly. The all of us, as a partnershipmember of Ckobicby HMB Sdn. Bhd, would like to record our sincerest gratitude and appreciation towards those who are willing to help and assist us uponcompleting this business plan. We hope this would be a first step in for us to become a successful entrepreneur in the future. 04. We are looking forwardthat this business can be realize and we wish it may give thorough information to those who are interested in this industry. Thank You. Sincerely, General Manager (LAURIAN JOHN JOHNNY) 1.1 TABLE OF CONTENT CONTENT LETTER OF SUBMISSION CHAPTER 1 INTRODUCTION 1.1 Table of Content 1.2 Executive Summary 1.3 Acknowledgement 1.4 Business Purpose and Objective 1.5 Business Background 1.6 Business Location 1.7 Partnership Agreement 1.8 Agreement Condition 1.9 Partner's Background CHAPTER 2: ADMINISTRATION PLAN 2.1 Introduction 2.2 Vision and Mission 2.3 Objective 2.4 Organizational Structure 2.5 Organizational Chart 2.6 Administration Personnel 2.7 Schedule of Task and Responsibilities 2.8 Schedule of Remuneration 2.9 Employee Incentive Scheme 2.10 Contribution of Assets 2.11 Office Layout 2.12 List of Office Furniture and Fitting 2.13Administration Budget CH 3. -
4D3nkota Kinabalu Escape
4D3N KOTA KINABALU ESCAPE Tunku Abdul Rahman Park (photo credit : Tourism Malaysia) CHILD EXTENSION NIGHT ADULT HOTEL (2-11YRS) Per Room + Breakfast (or similar class) Twin/ Extra Single/ Single Triple Triple Bed Twin 600 810 480 170 250 3 SHANGRI-LA Jul15-Aug31 & Oct2-8 Surcharge RM40 per room per night 3 SURIA 7 610 850 490 230 320 TOUR HIGHLIGHTS (New hotel) Jul15-Aug20 & Oct1-7 Tour A Surcharge RM120 per room per night Sapi Island - 2nd smallest island of 710 1050 570 320 410 Tuanku Abdul Rahman Marine Park 4 PROMENADE Jul15-Aug31 & Sep29-Oct7 Tour B Surcharge RM95 per room per night Kinabalu Park – Malaysia 1st 830 1280 660 295 450 UNESCO World Heritage Site 4 GRANDIS Jul15-Aug31 & Sep30-Oct7,2020 Poring Hot Spring – sulphur hot Feb11-18,2021 -Surcharge RM155 per room per night spring *Private tour arrangement available on request Desa Cattle Dairy Farm - to understand how fresh milk is being DAY TOUR ITINERARY (subject to change) processed 1 KOTA KINABALU - ARRIVAL PRICE INCLUSIONS Arrived at Kota Kinabalu Airport, meet and transfer for half-day city tour. Return transfer from airport–hotel– Visit Wisma Tun Mustapha (Sabah Foundation Building), University Malaysia airport (surcharge apply for arrival Sabah, Sabah State City Mosque and the Sabah Museum. between 2200hrs-0700hrs) 2Nights stay at your selected hotel 2 KOTA KINABALU (Breakfast/Lunch) with daily breakfast Choose one (1) of the following tour : 1 lunch at local restaurant A. Sapi Island Tour Sightseeing as specified in the Transfer to jetty and takes 20minutes boat ride to Sapi Island, 2nd smallest itinerary with English speaking driver island of Tunku Abdul Rahman Marine Park cum guide (choose tour A or B) Enjoy snorkelling, swimming or suntan at the white sandy beach. -
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 -
M.V. Solita's Passage Notes
M.V. SOLITA’S PASSAGE NOTES SABAH BORNEO, MALAYSIA Updated August 2014 1 CONTENTS General comments Visas 4 Access to overseas funds 4 Phone and Internet 4 Weather 5 Navigation 5 Geographical Observations 6 Flags 10 Town information Kota Kinabalu 11 Sandakan 22 Tawau 25 Kudat 27 Labuan 31 Sabah Rivers Kinabatangan 34 Klias 37 Tadian 39 Pura Pura 40 Maraup 41 Anchorages 42 2 Sabah is one of the 13 Malaysian states and with Sarawak, lies on the northern side of the island of Borneo, between the Sulu and South China Seas. Sabah and Sarawak cover the northern coast of the island. The lower two‐thirds of Borneo is Kalimantan, which belongs to Indonesia. The area has a fascinating history, and probably because it is on one of the main trade routes through South East Asia, Borneo has had many masters. Sabah and Sarawak were incorporated into the Federation of Malaysia in 1963 and Malaysia is now regarded a safe and orderly Islamic country. Sabah has a diverse ethnic population of just over 3 million people with 32 recognised ethnic groups. The largest of these is the Malays (these include the many different cultural groups that originally existed in their own homeland within Sabah), Chinese and “non‐official immigrants” (mainly Filipino and Indonesian). In recent centuries piracy was common here, but it is now generally considered relatively safe for cruising. However, the nearby islands of Southern Philippines have had some problems with militant fundamentalist Muslim groups – there have been riots and violence on Mindanao and the Tawi Tawi Islands and isolated episodes of kidnapping of people from Sabah in the past 10 years or so. -
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 -
Product Highlights Sheet
MANAGER SAHAM SABAH BERHAD 199401017740 (303418-V) PRODUCT HIGHLIGHTS SHEET DATE OF ISSUANCE: 9 MARCH 2021 SAS - PRODUCT HIGHLIGHTS SHEET This Product Highlights Sheet only highlights the key features and risks of the Fund. Investors are advised to request, read and understand the Prospectus of the Fund before deciding to invest. RESPONSIBILITY STATEMENT This Product Highlights Sheet has been reviewed and approved by the Directors and/or authorised committee and/or persons approved by the Board of Saham Sabah Berhad and they collectively and individually accept full responsibility for the accuracy of the information. Having made all reasonable enquiries, they confirm to the best of their knowledge and belief, there are no false or misleading statements, or omission of other facts which would make any statement in the Product Highlights Sheet false or misleading. STATEMENT OF DISCLAIMER The Securities Commission Malaysia has authorised the issuance of SAHAM AMANAH SABAH and a copy of this Product Highlights Sheet has been lodged with the Securities Commission Malaysia. The authorization of the SAHAM AMANAH SABAH and lodgement of this Product Highlights Sheet, should not be taken to indicate that the Securities Commission Malaysia recommends the SAHAM AMANAH SABAH or assumes responsibility for the correctness of any statement made or opinion or report expressed in this Product Highlights Sheet. The Securities Commission Malaysia is not liable for any non-disclosure on the part of SAHAM SABAH BERHAD who is responsible for the SAHAM AMANAH SABAH and takes no responsibility for the contents of this Product Highlights Sheet. The Securities Commission Malaysia makes no representation on the accuracy or completeness of this Product Highlights Sheet, and expressly disclaims any liability whatsoever arising from, or in reliance upon, the whole or any part of its contents. -
Download Updated Store Operating Hours
RETAIL OPERATION HOUR Store Name Opening Hours (WEEKDAYS) OPENING HOURS (WEEKENDS) REASONS(IF NOT 10AM-10PM) TOWN STATE SHOP ADDRESS G51 MAHKOTA PARADE 10.00 AM TO 10.00 PM 10.00 AM TO 10.00 PM MALL CLOSING TIME BANDAR HILIR MELAKA LOT G.51, MAHKOTA PARADE GROUND FLOOR, JALAN TAMAN 75000 , MELAKA. 1363 MASJID TANAH 9.00 AM TO 8.00 PM 9.00 AM TO 8.00 PM TOWN COUNCIL REQUIREMENT MASJID TANAH MELAKA MT 1363 PEKAN MASJID TANAH ,78300 MELAKA. AEON MELAKA 10.00 AM TO 9.00 PM 10.00 AM TO 9.00 PM MALL CLOSING TIME AYER KEROH MELAKA F20 AEON MELAKA ,SHOPPING CENTRE , LEBUH AYER KEROH , 75450 MELAKA. NO 49 & 50 , JALAN BINTANG , OFF JALAN KLUANG , 83000 BATU PAHAT , 49-51 BATU PAHAT 10.00 AM TO 10.00 PM 10.00 AM TO 10.00 PM BATU PAHAT JOHOR JOHOR. LOT 1-69 & 1-70 FIRST FLOOR , BATU PAHAT MALL, JALAN KLUANG, 83000 BATU BATU PAHAT MALL 10.00 AM TO 9.00 PM 10.00 AM TO 9.00 PM MALL CLOSING TIME BATU PAHAT JOHOR PAHAT, JOHOR WETEX MUAR 10.00 AM TO 10.00 PM 10.00 AM TO 10.00 PM MALL CLOSING TIME MUAR JOHOR WETEX PARADE , LOT 17-18 1ST FLOOR JALAN ALI , 84000 MUAR ,JOHOR NO 6 & 7 PUSAT PERNIAGAAN NAIB LONG 2, JALAN MUAR, 84900 ,TANGKAK 6&7 TANGKAK 10.00 AM TO 8.00 PM 10.00 AM TO 8.00 PM TOWN COUNCIL REQUIREMENT MUAR JOHOR JOHOR AEON BIG BATU PAHAT , F1.10 JLN TAN SWEE HOE , TAMAN FLORA UTAMA , AEON BIG BATU PAHAT 10.00 AM TO 9.00 PM 10.00 AM TO 9.00 PM FOLLOW MALL OPERATION HRS BATU PAHAT JOHOR 83000 BATU PAHAT , JOHOR. -
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. -
Malaysia Real Estate Highlights
RESEARCH REAL ESTATE HIGHLIGHTS 1ST HALF 2015 KUALA LUMPUR PENANG JOHOR BAHRU KOTA KINABALU KUALA LUMPUR HIGH END CONDOMINIUM MARKET (MPC) meeting in May in an effort to support economic growth and domestic HIGHLIGHTS consumption. • Softening demand in the SUPPLY & DEMAND high-end condominium With the completion of seven notable segment amid a cautious projects contributing an additional market. 1,296 units [includes projects that are physically completed but pending Madge Mansions issuance of Certificate of Completion • Lower volume of transactions and Compliance (CCC)], the cumulative expected to come on-stream. The KL in 1Q2015. supply of high end condominiums in City locality will account for circa 35% Kuala Lumpur stands at 39,610 units. (1,310 units) of the new supply; followed • Developers with niche high by Mont’ Kiara / Sri Hartamas with Approximately 45% (582 units) of the new 34% (1,256 units); KL Sentral / Pantai / end residential projects in KL completions are located in the Ampang Damansara Heights with 20% (734 units); City review products, pricing Hilir / U-Thant area, followed by some and the remaining 11% (425 units) from and marketing strategies in 26% (335 units) in the locality of KL City; the locality of Ampang Hilir / U-Thant. a challenging market with 16% (204 units) from the locality of KL lacklustre demand, impacted Sentral / Pantai / Damansara Heights Notable projects slated for completion by a general slowdown in the area; and 14% (175 units) from the Mont’ in KL City include Face Platinum Suites, economy, tight lending Kiara / Sri Hartamas locality. Le Nouvel, Mirage Residences as well as guidelines, weaker job market the delayed project of Crest Jalan Sultan The three completions in Ampang Hilir amongst other reasons. -
Newsletter November 2018 Pph 324/10/2012 (031059) - 106/18
Newsletter November 2018 pph 324/10/2012 (031059) - 106/18 Greetings! When the weather in the South and in order to improve the overall environment of North of the Earth are going towards hot and Centre Point Sabah. We will also set up a new cold, this reminds people that the year is com- Food Court on 5th Floor which will be called as ing to an end. Although KK has not shown any Food Eden and to concentrate on the manage- significant changes of seasons, the pace of time ment of the Carpark and Palm Square, as well will still be moving along with the world. Since as to organize more activities and to cooperate November 2018, Centre Point Sabah has also with other parties such as Travel Agencies, Grab started a series of progressive changes, these Car and the nearby Hotels in order to attract GMs include the enhance of the outlook of the ex- more shoppers especially foreign tourists to our terior wall and Logo, re-painting of CPS Tower, shopping mall, so as to increase more business changing of the key parts of the public cargo lifts opportunities to shop operators of Centre Point Word etc. All these are estimated to be completed by Sabah. The above changes are only the begin- December 2018 or January 2019. In the coming ning, have you seen or felt the changes? The di- few years, we will cooperate with the budget of rection of this change is inevitable and will be on MC(Management Corporation) to carry out the going continuously, and I hope that all shop op- renovation work of the public toilet of City Pa- erators can change and improve together.