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Engthen and Implement Johor Corporation’S Function Management Activities Particularly Shopping Malls, As the State Agent for Industrial Development in Johor

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Engthen and Implement Johor Corporation’S Function Management Activities Particularly Shopping Malls, As the State Agent for Industrial Development in Johor ANNUAL REPORT 2017 Open Here About Johor Corporation Johor Corporation was established as a public enterprise and a statutory body via Johor Corporation Enactment No. 4 1968 (as amended under Enactment No. 5, 1995). As a State-owned Conglomerate, Johor Corporation through its Group of Companies is involved in core businesses encompassing Palm Oils (KULIM), Specialist Healthcare, Food & Restaurant Services, Property, Port Services, Hospitality, Intrapreneur Business as well as Oil & Gas. Mission A conglomerate contributing A catalyst harnessing Maintaining its position Contributing and improving to the state and national sustainable business growth as a competitive, profit- the well-being of the economic growth through and subsequently achieving generating and highly- community through business efficient and effective success to discharge its regarded business entity success and corporate business entities while obligations as a state that leads & dominates the responsibility undertakings. upholding community investment corporation. market. interests. Vision Johor Corporation Core Value 2.0 INTEGRITY PROFESSIONAL INNOVATIVE LOYAL TEAMWORK We execute our task We are committed We are We execute our We work as a team, with trustworthiness, in executing our knowledgeable, responsibility with contributing to honesty, fairness in task efficiently visionary, creative, dedication and achieve a common line with the law and through professional dare to lead, commitment towards goal and shared corporate governance knowledge and skills, responsive and Johor Corporation’s vision. principles. thereby providing resourceful in pursuit mission and vision excellent service and of Johor Corporation’s while being resilient quality product to Business Continuity and devoted to Johor our customers and Mission. Corporation. shareholders. SECTION 1 SECTION 3 Group Human Capital Management Division 68 Corporate Statement Financial Highlights Group ICT Advancement Division 71 Chairman’s Statement 2 Financial Review 25 SECTION 5 Corporate Statement 4 Summary of Financial Performance 26 Corporate Governance (Johor Corporation) 2013-2017 SECTION 2 Summary of Financial Performance 27 Corporate Governance Statement 75 About Johor Corporation (Group) 2013-2017 Statement on Risk Management & 79 Internal Control Corporate Profile & Information 11 SECTION 4 Board Governance & Business 82 Business & Corporate Structure 12 Prospect Ecosystem Committee Report Board of Directors’ Profile 14 Board of Investment Committee 16 Economic Review 28 SECTION 6 Board Governance & Business 17 Kulim Businesses 30 Financial Statements Ecosystem Committee Specialist Healthcare Businesses 38 Board Tender & Procurement Committee 17 Food & Restaurant Services Business 42 Financial Statements 84 Group Top Management Committee 18 Property Division 48 (TERAJU) Industrial Development Division 56 Teraju Korporat Committee 20 Business Development Division 62 Executive Committee (EXCO) 22 Corporate Responsibility Division 64 Cover Rationale The circle on the cover page of Johor Corporation 2017 Annual Report portrays the entity of Johor Corporation that expands in various businesses for decades, not only in Malaysia, but also across regional. This circle similarly shows Johor Corporation’s integrity and capability striving in the market after 50 years of its establishment. Eleven small white stroke circles depict the Group of Companies which pioneer various core businesses and at the same time synergise to support Johor Corporation as development instrument and Johor business entity. The bright colour writing symbolised the upright values, integrity and also good nature of Johor Corporation towards the community which comes from the corporate responsibility programme. Facts at a Glance Core/Strategic Businesses KFC Restaurant and Pizza Hut Restaurant FOOD AND KFC KULIM BUSINESSES SPECIALIST HEALTHCARE Malaysia RESTAURANT SERVICES Pizza Hut 688 Spearheaded by Kulim (Malaysia) Berhad. KPJ Healthcare Berhad is Malaysia’s largest group Spearheaded by QSR Brands (M) Holdings Bhd. Singapore Brunei Cambodia Established in 1933 in United Kingdom as Kulim of private healthcare and specialist medical care. It Main activities: Food and Restaurant Services. Total 83 16 12 Rubber Plantations Limited. Main activities: is a listed entity in the Main Board of Bursa Malaysia number of employees: 30,000. Implementing a Plantations (Oil Palm), Intrapreneur Ventures as since 1994. Managing 25 private hospitals in fully-integrated value chain. Franchise holder and well as Oil and Gas (O&G). Kulim management and Malaysia; Jakarta, Indonesia (two) and Bangladesh operator of KFC chain of restaurants in Malaysia, Malaysia TOTAL growth strategies are steered on the basis of Vision (one) while investing in a Bangkok-based private Singapore, Brunei and Cambodia. Franchise holder 30:30. hospital as well as a hospital and aged-care facility and operator of Pizza Hut chain in Malaysia and in Brisbane, Australia. Supported by over 1,022 Singapore. Widely involved in the poultry industry 389 1,268 medical consultants and 13,422 staff members. through large-scale production of chicken feed, Singapore KFC and Pizza Hut production of livestock and contract farming 80 restaurants in four countries management of boilers; hatchery and processing of Ayamas chicken-based downstream products, as well as various other businesses including bread factory, commissiary, manufacturing of Life sauce STRATEGIC INVESTMENT INTRAPRENEUR AND O&G BUSINESSES and a distribution company known as QSR Trading Sdn Bhd. KPJ Healthcare Berhad Commitment by Johor Corporation This segment represents Johor Corporation’s approach in light of nurturing an entrepreneurial culture particularly among employees and external communities that demonstrates interest in business ventures particularly in cattle 13,422 farming, agriculture and O&G. staff members As of 2017, a total of 10 intrapreneur companies were managed through Kulim (Malaysia) Berhad; Johor Corporation (eight); KPJ Healthcare Berhad (six); Waqaf An-Nur Corporation Berhad (two); and QSR Brands (M) RM26.96 mil 24 RM713 mil RM493.76 mil Holdings Bhd (one). 1,022 contribution to operating investments contribution to medical consultants community Klinik Waqaf brought by IDD to the government activities An-Nur Johor through taxation PROPERTY Spearheaded by Johor Land Berhad since 1972 involving residential property and commercial developments with 1,012 hectares of land bank at strategic locations within Iskandar Malaysia. Current and future development projects are Bandar Dato’ Onn, Bandar Tiram, Taman Seroja, Taman Damansara Aliff, Bandar Baru Majidee, Larkin Central Park, Kempas, Bandar Baru Tampoi, Pasir Gudang and Sri Gading in Batu Pahat. Implementing sustainable development concepts through provision of exclusive identity for the residents of its township as well as providing strategic commercial spaces and business locations. Realising the policy of Dasar Perumahan Rakyat Johor through construction of 7,599 units of Johor Affordable Housing (RMMJ) beginning 2013 until 2020, also Rumah Impian Bangsa Johor (RIBJ) scheme starting 2017. NEW FEATURE IN THIS REPORT • DAMANSARA ASSETS SDN BHD INDUSTRIAL DEVELOPMENT DIVISION Managing commercial property investment and building The Industrial Development Division’s main role is to strengthen and implement Johor Corporation’s function management activities particularly shopping malls, as the state agent for industrial development in Johor. These QR code links will take you to information that is viewable on your smartphone. Download an application for office buildings, transport terminal, bazaars, sports your phone, scan the code and the relevant page will open in your browser window. Bakodo or i-Nigma for iPhone, QR Code complex and resorts. • TPM TECHNOPARK SDN BHD Scanner Pro for BlackBerryR and Barcode Scanner for Android all work well. • AL-`AQAR HEALTHCARE REIT Developing industrial areas and playing the vital role as Johor Corporation’s project manager. Involved The world’s first Islamic REIT and the first healthcare- in management services of commercial projects, developments of infrastructure as well as being a related Islamic REIT in Asia. marketing agent for industrial areas owned by Johor Corporation. • AL-SALĀM REIT • TLP TERMINAL SDN BHD The second Islamic REIT launched by Johor Corporation. Stretched on a 405-hectare area, Tanjung Langsat Port is the gateway and backbone of Tanjung Langsat Industrial Complex (TLIC). This report can be accessed via our website at www.jcorp.com.my SECTION 1 SECTION 3 Group Human Capital Management Division 68 Corporate Statement Financial Highlights Group ICT Advancement Division 71 Chairman’s Statement 2 Financial Review 25 SECTION 5 Corporate Statement 4 Summary of Financial Performance 26 Corporate Governance (Johor Corporation) 2013-2017 SECTION 2 Summary of Financial Performance 27 Corporate Governance Statement 75 About Johor Corporation (Group) 2013-2017 Statement on Risk Management & 79 Internal Control Corporate Profile & Information 11 SECTION 4 Board Governance & Business 82 Business & Corporate Structure 12 Prospect Ecosystem Committee Report Board of Directors’ Profile 14 Board of Investment Committee 16 Economic Review 28 SECTION 6 Board Governance & Business 17 Kulim Businesses 30 Financial Statements Ecosystem Committee Specialist Healthcare Businesses 38 Board Tender & Procurement Committee 17 Food & Restaurant Services Business 42 Financial Statements 84 Group Top Management Committee
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