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Malaysia Berhad (Plus)
SUSTAINABILITY REPORT 2020 BREAKING THROUGH DISRUPTION TABLE OF CONTENTS ABOUT THIS REPORT 1 FROM OUR LEADERS 2 WE ARE PLUS 14 RISING TOGETHER - BRAVING THE 36 COVID-19 FIGHT OUR SUSTAINABILITY JOURNEY 48 OUR ENVIRONMENTAL STEWARDSHIP 60 OUR COMMITMENT TO SOCIETY 78 OUR STRENGTH OF OUR GOVERNANCE 116 OUR JOURNEY OF ACHIEVEMENTS 136 GRI CONTENT INDEX 147 MOVING FORWARD 149 COVER RATIONALE The cover for our inaugural voluntary Sustainability Report, themed ‘Breaking Through Disruption’, reflects our success in connecting people and communities, as well as providing a safe and comfortable journey to our customers despite the challenges faced in 2020. Furthermore, it underscores the vital role we play in Nation-building as we strive to deliver sustainable value not only for our business, but also for society and the environment as a whole. Set against the backdrop of over 1,130km of highways we manage in Peninsular Malaysia, the cover of this Sustainability Report visualises our purpose of Taking Good Care of You, Every Step of the Way. ABOUT THIS REPORT This is PLUS Malaysia Berhad’s (PLUS) inaugural Sustainability Report following the formalisation of our sustainability agenda and aspirations in 2020. In this Report, we disclose our approach to sustainability, the governance functions we have put in place, the matters identified as material to our business and our stakeholders, as well as the efforts we have taken to address those matters. This Report provides our stakeholders with a balanced and fair view on the value we created across the Environmental, Social and Governance (ESG) spectrum. It also steers us towards ingraining best practices in all aspects of our business to ensure its sustainability, as well as that of our stakeholders and the environment, as we aspire to lead by example as the Nation’s leading highway operator and a Government-Linked Company (GLC). -
Kuala Lumpur Office
Asian Cities Report – 2H 2019 REPORT Savills Research Kuala Lumpur Offi ce Kuala Lumpur Offi ce Strong interest in quality offi ce space is being led by the expansion of fl exible space operators NEW SUPPLY GRAPH 1: Greater KL Offi ce Stock, 2010 to 1H/2019 Stock of offi ce space in Greater KL, the single largest offi ce market in ASEAN, stands at approximately 126 million sq ft, with the completion of four new offi ce buildings KL City The Rest of Greater KL Greater KL contributing 1.08 million sq ft in 1H/2019. 140 125.3 126.4 The fi rst offi ce tower within the Tun Razak Exchange, namely Menara Prudential, 120.4 115.4 was completed this year and serves as the headquarters for Prudential Assurance 120 111.5 105.4 Malaysia Bhd. The KYM Tower in Mutiara Damansara and Symphony Square in 102.2 97.9 Petaling Jaya were also completed in early 2019. With the exception of the EkoCheras 100 91.5 86.7 Offi ce Suites, the other three new buildings are single-owned en-bloc buildings, built with quality features and modern specifi cations. 80 By the end of 2019, the stock of offi ce space is expected to expand by 3.8 million sq 60 ft, touching approximately 130 million sq ft – with the completion of Southeast Asia’s tallest building, The Exchange 106, which will replace the Petronas Twin Towers as MILLION SQ FT 40 the tallest building in the country. This landmark offi ce tower, located within the Tun Razak Exchange (TRX), stands at 492m tall, off ering 2.4 million sq ft of column- 20 free offi ce space with spacious fl oor plates ranging from 22,000 to 34,000 sq ft. -
DELIVERING OUR STRATEGY Axiata Group Berhad Integrated Annual Report 2020 60 2020 Overview of Digital Telcos’ Performance
Axiata Group Berhad Integrated Annual Report 2020 59 Shraddha Bhattarai Specialist, Legal & Corporate Services Department Ncell Axiata Terrace gardening to grow my family’s supply of vegetables. #ItBeginsWithMe DELIVERING OUR STRATEGY 2020 Overview Of Digital Telcos’ Performance Telcos’ OfDigital Overview 2020 Notes: Reporting By Geographical Location Geographical By Reporting Bangladesh Bangladesh Malaysia 52.7 6.6 4 3 2 1 2019 financial numbers are post International Financial Reporting Standards (IFRS) 16 (except for Indonesia, which is only from 2020) from whichisonly Indonesia, for (except 16 (IFRS) Standards Reporting Financial International post are numbers financial 2019 2016 2016 Smart’s Revenue are pre IFRS 15 for the years prior to and up to 2019. 2020 Revenue is post IFRS 15 IFRS ispost Revenue 2020 2019. andupto to prior years the for 15 IFRS pre are Revenue Smart’s Axiata’s reporting by geographical location is conducted for its OpCos: Celcom, XL, Smart, Dialog, Robi andNcell Robi Dialog, XL, Smart, Celcom, OpCos: its for isconducted location geographical by reporting Axiata’s 2017 figures have been restated to exclude edotco Cambodia’s results, for like to like comparison with 2018 figures 2018 with comparison like to like for results, Cambodia’s edotco exclude to restated been have figures 2017 Nepal’s financial numbers are based on financial year ended mid(15 ended year financial on based are numbers financial Nepal’s 14.3 2.3 (3.9) 1.0 Billion) (RM 68.3 (BDT Billion) 6.6 2017 2017 13.0 2.3 (2.8) 1.1 68.0 7.3 2018 2018 -
Property Market Review | 2020–2021 3
2021 2020 / MARKET REVIEW MARKET PROPERTY 2020 / 2021 CONTENTS Foreword | 2 Property Market Snapshot | 4 Northern Region | 7 Central Region | 33 Southern Region | 57 East Coast Region | 75 East Malaysia Region | 95 The Year Ahead | 110 Glossary | 113 This publication is prepared by Rahim & Co Research for information only. It highlights only selected projects as examples in order to provide a general overview of property market trends. Whilst reasonable care has been exercised in preparing this document, it is subject to change without notice. Interested parties should not rely on the statements or representations made in this document but must satisfy themselves through their own investigation or otherwise as to the accuracy. This publication may not be reproduced in any form or in any manner, in part or as a whole, without writen permission from the publisher, Rahim & Co Research. The publisher accepts no responsibility or liability as to its accuracy or to any party for reliance on the contents of this publication. 2 FOREWORD by Tan Sri Dato’ (Dr) Abdul Rahim Abdul Rahman Executive Chairman, Rahim & Co Group of Companies 2020 came through as the year to be remembered but not in the way anyone had expected or wished for. Malaysia saw its first Covid-19 case on 25th January 2020 with the entrance of 3 tourists via Johor from Singapore and by 17th March 2020, the number of cases had reached above 600 and the Movement Control Order (MCO) was implemented the very next day. For two months, Malaysia saw close to zero market activities with only essential goods and services allowed as all residents of the country were ordered to stay home. -
Trade Finance Program Confirming Banks List As of 31 December 2015
Trade Finance Program Confirming Banks List As of 31 December 2015 AFGHANISTAN Bank Alfalah Limited (Afghanistan Branch) 410 Chahri-e-Sadarat Shar-e-Nou, Kabul, Afghanistan National Bank of Pakistan (Jalalabad Branch) Bank Street Near Haji Qadeer House Nahya Awal, Jalalabad, Afghanistan National Bank of Pakistan (Kabul Branch) House No. 2, Street No. 10 Wazir Akbar Khan, Kabul, Afghanistan ALGERIA HSBC Bank Middle East Limited, Algeria 10 Eme Etage El-Mohammadia 16212, Alger, Algeria ANGOLA Banco Millennium Angola SA Rua Rainha Ginga 83, Luanda, Angola ARGENTINA Banco Patagonia S.A. Av. De Mayo 701 24th floor C1084AAC, Buenos Aires, Argentina Banco Rio de la Plata S.A. Bartolome Mitre 480-8th Floor C1306AAH, Buenos Aires, Argentina AUSTRALIA Australia and New Zealand Banking Group Limited Level 20, 100 Queen Street, Melbourne, VIC 3000, Australia Australia and New Zealand Banking Group Limited (Adelaide Branch) Level 20, 11 Waymouth Street, Adelaide, Australia Australia and New Zealand Banking Group Limited (Adelaide Branch - Trade and Supply Chain) Level 20, 11 Waymouth Street, Adelaide, Australia Australia and New Zealand Banking Group Limited (Brisbane Branch) Level 18, 111 Eagle Street, Brisbane QLD 4000, Australia Australia and New Zealand Banking Group Limited (Brisbane Branch - Trade and Supply Chain) Level 18, 111 Eagle Street, Brisbane QLD 4000, Australia Australia and New Zealand Banking Group Limited (Perth Branch) Level 6, 77 St Georges Terrace, Perth, Australia Australia and New Zealand Banking Group Limited (Perth Branch -
Celebrating Heritage
CELEBRATING HERITAGE Stadium Merdeka holds a special place in the heart of Malaysians, being the site where the nation’s independence was declared on 31 August 1957 – just one day after the stadium was officially opened THIS IS to the public by Malaysia’s first Prime Minister, YTM Almarhum Tunku Abdul Rahman Putra Al-Haj. Events at Stadium Merdeka are guaranteed to generate additional footfall in and around STADIUM the precinct. MERDEKA EXCITING The historic Stadium Merdeka is nestled EXPERIENCES within the Merdeka 118 precinct – a world-class integrated development Support your favourite team at the largest major set to create an experiential destination sporting events. Get hyped and enjoy a myriad activated by the best of commerce, arts, of exhilarating concerts. culture, lifestyle and entertainment. A thoughtfully planned calendar of events across both Stadium Merdeka and Stadium Negara will definitely add to the buzz and excitement at the precinct all year round. Expect nothing less than the most breathtaking experiences at Merdeka 118. FACTS & FIGURES Stadium Merdeka is an ideal venue for cultural shows, concerts, exhibitions, corporate events, football matches and other large-scale sporting events. PROUD TO BE PART OF • 20,000-SEATING CAPACITY • CENTRAL PITCH WITH FOOTBALL FIELD • FLOODLIGHTS RISING 42 METRES ABOVE THE ARENA Stadium Merdeka is easily accessible through the Maharajalela Monorail Station, Plaza Rakyat and Hang Tuah LRT Stations, as well as the Merdeka For enquiries and more information, precinct118 MRT Station. Its amenities include multiple VVIP please contact us at: merdeka118 rooms, organiser rooms, prayer rooms, changing [email protected] rooms, restrooms and handicapped facilities. -
Malaysia- Kuala Lumpur- Office Q3 2020
M A R K E T B E AT KUALA LUMPUR Office Q3 2020 YoY 12-Mo. Record Economic Contraction in Q2 Chg Forecast Malaysia’s economy shrank by 17.1% y-o-y in Q2 2020, a worse than expected outcome. This was the first contraction since the third quarter of RM6.03 2009, and the steepest fall since the fourth quarter of 1998 Asian Financial Crisis. The sharp downturn reflects the dire impact of domestic and global Average Asking Rent (MYR/sf/mo) measures taken in Q2 to contain the spread of the COVID-19 pandemic, with the closure of non-essential businesses and social distancing implemented. Tourism, manufacturing and investment were among the primary sectors hit by the lockdown imposed in the middle of March. Some -1.31% sectors are still struggling to cope in the aftermath of the suspension of economic activity during the Movement Control Order (MCO) period. The Rental Growth (YOY) Government has also announced the extension of the Recovery Movement Control Order (RMCO) from August 31 to December 31 in response to a resurgence in new daily cases. 22.7% Vacancy Rate Leasing Activity Remains Stagnant Source: IVPS / Cushman & Wakefield Research Office leasing demand in Kuala Lumpur remained sluggish at the end of Q2. The situation is expected to persist, with most firms adapting to a new normal of staff working from home or rotating between remote and in-office working. With office spaces under-utilized, more firms are anticipated to reduce their leased space to match their office needs, or to relocate to reduce their occupier costs where possible. -
2018 Annual Report
THE PLACE ANNUAL REPORT 2018 At KLCC, we create THE PLACE for all our stakeholders. By understanding changing market dynamics, lifestyles and through differentiating ourselves, we are able to evolve and transform our destinations to the places people look forward to. The places we create envision the office of tomorrow, where tenants elevate their workplace through greater experiences, connectivity and security. Our places re-imagine retail spaces, personalising the entire customer journey. We innovate bespoke and seamless hotel experiences, designed to serve the diverse and evolving needs of our guests. Through developing places people look forward to, we continue to drive enduring demand for our spaces, ultimately delivering both financial and societal value to all our stakeholders. KLCCP STAPLED GROUP Malaysia’s largest internally RM1.4bil RM0.8bil managed Stapled Revenue Profit for Security the year Premium property location centered within the landmark of Kuala Lumpur City Centre Our Properties 2018 KEY 5 HIGHLIGHTS 2 1 PORTFOLIO SUMMARY 11,139,323 Gross Floor Area (sq ft) Office 5,603,837 Retail 1,168,870 Net Lettable Area KLCC (sq ft) REIT 629 RM588.5mil RM558.4mil No. of Hotel Revenue Net Property Rooms Income 002 Annual Report 2018 RM15.7bil RM7.25 37.00sen Property Net Asset Value per Distribution per Value Stapled Security Stapled Security KLCCP STAPLED GROUP 5.0% Reduction in GHG Emission 6.7% Reduction in Water Use 37.5% Women on Board SUSTAINABILITY HIGHLIGHTS RM1.4mil Staff Learning and Development RM9.2bil RM4.48 23.35sen -
Thayananthan Baskaran
Thayananthan Baskaran Recommendations ‘Arbitration Future Leader’ – ‘Mr Baskaran is skilled and knowledgeable in the area of arbitration law’ Who’s Who Legal 2021 ‘Thayananthan Baskaran has a notable practice acting on construction and engineering matters. He has experience handling adjudication and frequently represents clients in the power and infrastructure sectors’ Chambers 2021 ‘Litigation Star’ Benchmark Litigation 2021 ‘…describes Baskaran as a “leading practitioner” in Malaysia, who is particularly sought after for construction disputes … “Thaya is the best example of the new wave of Asian practitioners who offer great talent and fresh ideas. He is incredibly smart, agile and resourceful.”’ Global Arbitration Review 2018 Practice Overview Thaya’s primary area of practice is construction law. He drafts various building and engineering contracts, advises on disputes arising from such contracts and appears as counsel to resolve these disputes. Thaya also sits as an adjudicator, arbitrator and mediator. Thaya has drafted building and engineering contracts based on Malaysian standard forms, such as PWD and PAM, English standard forms, such as IChemE, JCT and NEC, and international standard forms, such as FIDIC. Thaya has also drafted bespoke contracts and was involved in drafting the pioneer Alliance Contract and Project Delivery Partner Agreement used in Malaysia. Thaya has been appointed to the Consultation Group for the Association of Consultant Architects, Kent, suite of Alliance Contracts, and the Expert Baskaran +6012 324 2421 50-11-7 Wisma UOA Damansara [email protected] Jalan Dungun Damansara Heights 50490 Kuala Lumpur Malaysia Page 1 of 19 Advisory Committee for the Asian International Arbitration Centre’s Standard Form of Building Contracts. -
Annual Report 2020 Contents
ANNUAL REPORT 2020 CONTENTS ABOUT US LEADERSHIP AND PEOPLE Page Page FY2020 Highlights 2 Board of Directors 32 Five - Year Financial Highlights 3 Senior Management Team 38 About AmFIRST REIT 6 About the Manager 7 Mission and Core Values 8 Fund Information 9 I PERFORMANCE REVIEW BUSINESS REVIEW Page Page Chairman’s Statement 10 Asset Profile 42 Management Discussion and Analysis 13 Market Report 60 Sustainability Statement 80 Eighth Annual General Meeting (“AGM”) of the Unitholders of AmFIRST Real Estate Investment Trust (“AmFIRST REIT”) Broadcast Venue : Symphony Square Auditorium, 3A Floor, No. 5 Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan, Malaysia Scan the QR Code Day and Date : Monday, 10 August 2020 to download the AGM's Time : 10.00 a.m. documents CORPORATE GOVERNANCE FINANCIAL STATEMENTS Page Page Statement of Corporate Governance 108 Statement of Financial Position 138 Statement on Risk Management and Statement of Comprehensive Income 139 Internal Control 121 Statement of Changes in Net Asset Value 141 Audit Committee Report 126 Statement of Cash Flows 142 Directors’ Responsibility Statement 130 Notes to the Financial Statements 143 Manager’s Report 131 Statement by the Directors of the Manager 181 Statutory Declaration 181 Trustee’s Report 182 Independent Auditors’ Report 183 1 INVESTOR RELATIONS OTHERS Page Page Investor Relations and Communications 135 Analysis of Unitholders 187 Corporate Directory 189 Notice of Eighth Annual General Meeting 190 Administrative Guide for the Eighth Annual General -
Spaces Inspired for the People
THE PLACESPACES INSPIRED FOR THE PEOPLE INTEGRATED ANNUAL REPORT 2019 SPACES INSPIRED FOR THE PEOPLE Our spaces are game changers – they challenge the norm and shape a new world. A place where conversations matter, that brings people together, building on knowledge, connecting ideas and inspiring action. Our spaces drive trends and styles, from physical design to technology, converging cultural diversity, commercial vibrancy and sustainable living. We fill our spaces with people and life. We are inspired by YOU and in turn, we imagine more, making our unique spaces a world-class customer experience into the future. KLCCP STAPLED WHO WE ARE GROUP SEC 1 ABOUT THIS REPORT OUR INTEGRATED JOURNEY THE KLCCP As part of our on-going efforts to improve corporate reporting standards and adoption STAPLED of best practices, KLCCP Stapled Group embarked on a journey to integrated corporate reporting, explaining how the organisation’s strategy, governance, performance and GROUP’S prospects, in the context of economy, social as well as environment, lead to the creation INTEGRATED of stakeholder value over the short, medium and long-term. ANNUAL This annual report enhances our disclosure of the relationship between our resources, actions and the value we create as well as draws closer links between our financial and REPORT AIMS non-financial risks and opportunities. TO PROVIDE REPORTING PRINCIPLES AND FRAMEWORKS STAKEHOLDERS The Integrated Annual Report has been prepared in accordance with the concepts and WITH A guiding principles of the International Integrated Reporting (<IR>) Framework issued by the International Integrated Reporting Council (IIRC), including disclosures based BALANCED on the six identified capitals. -
Potentials and Limitations of Supertall Building Structural Systems: Guiding for Architects
POTENTIALS AND LIMITATIONS OF SUPERTALL BUILDING STRUCTURAL SYSTEMS: GUIDING FOR ARCHITECTS A THESIS SUBMITTED TO THE GRADUATE SCHOOL OF NATURAL AND APPLIED SCIENCES OF MIDDLE EAST TECHNICAL UNIVERSITY BY HÜSEYİN EMRE ILGIN IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DOCTOR OF PHILOSOPHY IN BUILDING SCIENCE IN ARCHITECTURE JULY 2018 Approval of the thesis: POTENTIALS AND LIMITATIONS OF SUPERTALL BUILDING STRUCTURAL SYSTEMS: GUIDING FOR ARCHITECTS submitted by HÜSEYİN EMRE ILGIN in partial fulfillment of the requirements for the degree of Doctor of Philosophy in Department of Architecture, Middle East Technical University by, Prof. Dr. Halil Kalıpçılar Dean, Graduate School of Natural and Applied Sciences Prof. Dr. F. Cânâ Bilsel Head of Department, Architecture Assoc. Prof. Dr. Halis Günel Supervisor, Department of Architecture, METU Assist. Prof. Dr. Bekir Özer Ay Co-Supervisor, Department of Architecture, METU Examining Committee Members: Prof. Dr. Cüneyt Elker Department of Architecture, Çankaya University Assoc. Prof. Dr. Halis Günel Department of Architecture, METU Assoc. Prof. Dr. Ayşe Tavukçuoğlu Department of Architecture, METU Assoc. Prof. Dr. Ali Murat Tanyer Department of Architecture, METU Prof. Dr. Adile Nuray Bayraktar Department of Architecture, Başkent University Date: 03.07.2018 I hereby declare that all information in this document has been obtained and presented in accordance with academic rules and ethical conduct. I also declare that, as required by these rules and conduct, I have fully cited and referenced all material and results that are not original to this work. Name, Last name: Hüseyin Emre ILGIN Signature: iv ABSTRACT POTENTIALS AND LIMITATIONS OF SUPERTALL BUILDING STRUCTURAL SYSTEMS: GUIDING FOR ARCHITECTS Ilgın, H.