DOCSLIB.ORG

I N F L U E N C

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
I N F L U E N C LIFESTYLE Influencer Property Property Leisure & Development Investment Hospitality ANNUAL REPORT 2017 REPORT ANNUAL OUR VISION …is to be a leading corporation in our core businesses by providing products and services of superior values and by sustaining consistent long-term growth in volume and profitability. We shall strive to achieve responsible commercial success by satisfying our customers’ needs, giving superior performance to our shareholders, providing rewarding careers to our people, cultivating mutually beneficial relationship with our business associates, caring for the society and the environment in which we operate and contributing towards the progress of our nation. www.ioiproperties.com.my OUR CORE VALUES In our pursuit of Vision IOI, we expect our people to uphold, at all times, the IOI Core Values which are expressed as follows: INTEGRITY which is essential and cannot 01 be compromised COMMITMENT as we do what we say we will do 02 LOYALTY is crucial because we are one team 03 sharing one vision EXCELLENCE IN EXECUTION as our commitments can only be realised through actions and results 04 SPEED OR TIMELINESS in response is important in our ever 05 changing business environment INNOVATIVENESS to provide us additional competitive edge 06 COST EFFICIENCY is crucial as we need to 07 remain competitive CONTENTS Our Vision CREATING A Our Core Values SUSTAINABLE FUTURE Facts at a Glance 65 Sustainability Key Indicators 75 - Delivering Excellence BUSINESS REVIEW 87 - Caring for the Environment 6 Chairman’s Statement 97 - Creating Value for Our Employees 12 Five-Year Financial Highlights - Developing Sustainable 107 Communities 14 Group Financial Position 120 - Content Index th 15 Group Performance Highlights Annual 16 Segmental Performance General Meeting 5 18 Group Quarterly Results IOI PROPERTIES GROUP BERHAD 19 Financial Calendar (1035807-A) Management Discussion 20 and Analysis 20 - Group Financial Review DATE - Group Business Review 27 October 2017, Friday 23 - Property Development - Group Business Review 31 - Property Investment TIME - Group Business Review 35 10:00 a.m. - Leisure and Hospitality 40 Corporate Information 42 Regional Presence VENUE Putrajaya Ballroom I (Level 3), 43 Location of Operations in Malaysia Putrajaya Marriott Hotel, IOI Resort City, 44 Corporate Calendar 62502 Sepang Utara, Malaysia. 54 Our Social Responsibility Calendar WHO GOVERNS US 122 Board of Directors 124 Profile of Directors 134 Senior Management Team 135 Profile of Senior Management HOW WE ARE GOVERNED 143 Corporate Governance Report - Corporate Governance 143 Overview Statement 174 - Audit Committee Report - Statement on Risk Management 181 and Internal Control 184 Statement of Directors’ Interests Shareholdings of 185 Senior Management Team 186 Other Information FINANCIAL REPORTS 190 Directors’ Report 200 Financial Statements 332 Group’s Material Properties We’re a SHAREHOLDERS’ INFORMATION LIFESTYLE 337 Shareholders’ Information Influencer NOTICE We aspire to create a sustainable future. 340 Notice of Annual General Meeting Thus, every element of our developments is aligned to create lifestyle spaces for stay, work and play. We look into every detail, Statement Accompanying Notice of 345 from planning to design and putting the final touches – for a Annual General Meeting vibrant and lively environment of urban contemporary living with • Proxy Form accessibility to modern lifestyle amenities amidst sprawling greens and chic urban spaces. We inspire lifestyles that are full of zest within our living spaces crafted in architectural chic, coloured with the vibrant hues and textures of lush greens and foliage; crafting homes that warms the heart and work space that ignites passion to succeed. It is this exacting ideal that drives the sustainability of our business in property development, property investment and leisure & hospitality spanned across Malaysia, Singapore and Xiamen in People’s Republic of China. IOI PROPERTIES GROUP BERHAD (1035807-A) FACTS AT A GLANCE PROFIT EARNINGS BEFORE PER SHARE TAXATION RM1.44 18.42 billion 2017 sen 2017 RM1.52 billion (2016) 24.99 sen (2016) GROSS NET DIVIDEND ASSETS PER SHARE PER SHARE 6.00 sen 2017 RM3.31 2017 8.00 sen (2016) 3.60 sen (2016) SHARE MARKET PRICE CAPITALISATION RM12.11 RM2.20 2017 2017 as at 30 June billion 2.35 sen (2016) RM10.37 billion (2016) ANNUAL REPORT 2017 KEY INDICATORS % 20 15 10 5 0 -5 -10 -15 -20 JUL 16AUG 16 SEPT 16OCT 16 NOV 16 DEC 16 JAN 17 FEB 17 MAR 17 APR 17 MAY 17 JUN 17 IOI PROPERTIES FTSE BURSA BURSA MALAYSIA GROUP BERHAD MALAYSIA INDEX PROPERTY IOI PROPERTIES GROUP BERHAD (1035807-A) CHAIRMAN’S STATEMENT TAN SRI DATO’ LEE SHIN CHENG Executive Chairman DEAR SHAREHOLDERS, On behalf of the Board of Directors and the management, it gives me great pleasure to present to you the Annual Report of IOI Properties Group Berhad (“IOIPG”) for the financial year ended 30 June 2017 (“FY2017”). GROUP PERFORMANCE at 10%, and others (Penang, Melaka and Negeri Sembilan) at 3%. For our property investment For the financial year under review, the Group segment, increase in revenue was mainly from IOI recorded a revenue of RM4,185 million and profit City Mall due to higher rental income attributable to before taxation (“PBT”) of RM1,437 million compared increased occupancy rate. Meanwhile, the opening to the previous financial year of RM3,025 million and of Le Méridien Putrajaya hotel in August 2016 has RM1,525 million respectively. The increase in revenue contributed to an increase in revenue contribution to of approximately 38% was mainly attributable to the leisure & hospitality segment. increased contributions from the Group’s business segments of property development, property For the financial year under review, the Group investment and leisure & hospitality. achieved total sales of RM2,847 million (2,296 units), an increase of 29% from the previous financial Group revenue was mainly driven by our property year of RM2,214 million (2,368 units). The Group’s development segment with revenue contribution of overseas projects in Singapore and PRC accounted RM3,714 million, followed by RM302 million from for 46% and 15% respectively of total sales. Sales property investment, RM162 million from leisure & from our overseas projects are attributable to the hospitality and RM7 million from other operations. Trilinq project in Singapore and IOI Palm City project In terms of revenue contribution in the property in the PRC. Domestic sales from the Klang Valley development segment, it was largely from our which accounted for 29% of total sales were mainly projects in Singapore at 47%, Klang Valley at 27%, attributable to projects in IOI Resort City, 16 Sierra People’s Republic of China (“PRC”) at 13%, Johor and Warisan Puteri Sepang. 6 ANNUAL REPORT 2017 CHAIRMAN’S STATEMENT REVENUE FROM THE South Beach, Singpore GROUP’S OPERATING SEGMENTS PROPERTY DEVELOPMENT RM3,714 million PROPERTY INVESTMENT RM302 million LEISURE & HOSPITALITY RM162 million As at 30 June 2017, the Group’s financial position remained strong with total assets at RM33,628 million, an increase of 47% from the previous financial year of RM22,810 million and cash in hand at RM2,376 million. Meanwhile, the Group’s net assets per share stood at RM3.31. Le Méridien Putrajaya A more detailed analysis of the Group’s performance is available under the section “Management’s Discussion and Analysis” in this Annual Report. OPERATING ENVIRONMENT In the second quarter of 2017, the global economy expanded by 3.1% attributable to improved economic conditions in advanced economies and robust economic growth in emerging and developing economies. Meanwhile, the US economy expanded by 2.1% due to strong domestic and external demand. The PRC’s economy expanded by 6.9% supported by growth of 8.2% in real estate investment as property sales and investment remained strong in lower-tier cities. 7 IOI PROPERTIES GROUP BERHAD (1035807-A) CHAIRMAN’S STATEMENT Malaysia’s economy posted a strong growth of 5.8% in the second The Trilinq, Singapore quarter of 2017 supported by improved external sector and domestic demand which expanded by 5.7%, attributable to robust private sector activities. Private sector spending grew by 7.1% due to increased disposable income driven by stable employment conditions and improved export earnings. In the first half of 2017, the residential property market remained challenging. Continued tight lending conditions have impacted sales volume and values of residential properties. Singapore’s economy grew by more than 2% in the second quarter of 2017 driven by the manufacturing sector. Private home sales increased in the second quarter of 2017 driven by secondary sales market, in line with improved market sentiments following the relaxation of certain property cooling measures for example, the easing of the sellers’ stamp duty in the first quarter of 2017. Meanwhile, the primary sales market continued to perform with increase of 4.3%. Improvement in property sales and lower inventory of unsold units in the second quarter of 2017 may signal that the residential property market has bottomed out. Property cooling measures have continued in many cities in the PRC in the first half of 2017, with banks imposing more stringent lending policy and increased interest rate on property mortgages, which have impacted transaction volumes and property prices in the first and second tier cities. Even though the impact of cooling measures may persist in the short term, value of properties is expected to continue to hold in first and second tier cities in the longer term. As the Group holds a long term view on the PRC which it considers as having vast development and investment potential, we will continue to monitor developments in the property market in the PRC. Palmyra Residence in Bandar Puteri Bangi comprising 588 units of serviced apartments with gross development value (“GDV”) of BUSINESS DEVELOPMENTS RM239 million was launched in November 2016. The development is complemented by a commercial hub of lifestyle commercial Avista in Warisan Puteri Sepang comprising 182 freehold units developments developed by the Group such as Kubica Square, of two-storey terrace houses was launched in September 2016.
Load more

Recommended publications
  • Participating Outlet Details
    Participating Outlet Details: Locations Tel No. Business Address Hartamas Shopping Centre (03) 6205 1812 Lot P-5, Plaza Floor, Hartamas Shopping Centre, No.60, Jalan Sri Hartamas 1, Sri Hartamas, 50480 Kuala Lumpur. Lot 10 (03) 2145 9186 (Cashier) Lot G6 & G7, Ground Floor, Lot 10 Shopping Centre, 50, Jalan Sultan Ismail, 50250 Kuala Lumpur. Mid Valley Megamall 2 (03) 2283 5981 Lot G-034A, Ground Floor, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur. Setapak Central (03) 4131 8211 Lot G57, Ground Floor, Setapak Central, 67, Jalan Taman Ibu Kota, Taman Danau Kota, 53300 Setapak, Kuala Lumpur. Cheras Leisure Mall 2 (03) 9130 7886 L2-55A, 56 & 56A, Level 2, Cheras Leisure Mall, Jalan Manis 6, Taman Segar Cheras, 56100 Kuala Lumpur. Pavilion2 (03) 2141 4806 Lot 1.22, Level 1, Pavilion Kuala Lumpur, No.168, Jalan Bukit Bintang, 55100 Kuala Lumpur. Sunway Velocity (03) 2788 3313 G13 & 14, Sunway Velocity, 80, Jalan Cheras, 55100 Kuala Lumpur. (03) 4161 2287 (Store Melawati Mall room) Lot GF05,UP 2-01, Melawati Mall, (03) 4162 2290 (Cashier) 355, Jalan Bandar Melawati, Pusat Bandar Melawati, 53100 Kuala Lumpur. Bangsar Shopping Centre (03) 2092 3969 Lot G119, G120 & G121, Ground Floor, Bangsar Shopping Centre, 285, Jalan Maarof, Bukit Bandaraya, 59000 Kuala Lumpur. AEON Metro Prima Kepong (03) 6179 3560 Lot G27, AEON Metro Prima Shopping Centre 1, Jalan Metro Prima, Taman Kepong, 52100 Kuala Lumpur. Wangsa Walk Mall (03) 4131 4271 (Cashier) Lot G21, Wangsa Walk Mall, Wangsa Avenue, (03) 4131 0579 (Office) No.9, Jalan Wangsa Perdana 1, Bandar Wangsa Maju, 53300 Kuala Lumpur.
    [Show full text]
  • 2 0 2 0 a N N U a L R E P O
    PAVILION REAL ESTATE INVESTMENT TRUST | 2020 ANNUAL REPORT REAL ESTATE PAVILION Pavilion REIT Management Sdn. Bhd. [201101011359 (939490-H)] Level 10, Pavilion Kuala Lumpur, 168 Jalan Bukit Bintang, 55100 Kuala Lumpur T : +603 2118 8888 F : +603 2118 8889 Email : [email protected] www.pavilion-reit.com 2020 ANNUAL REPORT What’s Inside Overview 1 Vision, Mission and Investment Strategies 2 Corporate Information 4 Highlights 6 Message from the Chairman 9 Board of Directors 14 Management Team 18 Salient Features of Pavilion REIT 19 Pavilion REIT Structure Business Review 21 Message from the Chief Executive Officer 23 Management Discussion & Analysis 32 Investors Relation and Fund Management 34 Portfolio Details Corporate Governance Report and Financial Statements 44 Sustainability Statement 67 Corporate Governance Overview Statement 70 Nominating Committee Report 71 Audit Committee Report 72 Statement of Risk Management and Internal Control 73 Manager’s Report 77 Financial Statements Others 127 Analysis of Unitholdings 130 Market Overview 154 Glossary 155 Notice of Annual General Meeting 159 Administrative Guide for the 9th AGM 165 Proxy Form Disclaimer : This annual report, prepared by Pavilion REIT Management Sdn Bhd (“the Manager”) may contain certain forward-looking statements and is prepared based on the Manager’s current view of future events that may involve certain assumptions, risks and uncertainties. Unitholders and investors are advised that past performance does not necessarily signify its future performance. What’s Inside Vision, Mission and Investment Strategies The principal investment policy of Pavilion REIT is to invest directly and indirectly, in a diversified portfolio of income producing real estate assets used solely or predominantly for retail purposes Overview (including mixed-use developments with a retail component) in Malaysia and other countries within the Asia-Pacific region.
    [Show full text]
  • Please Activate Your Health 45+ at Stores Below: S NAME STATE
    Please activate your Health 45+ at stores below: S NAME STATE ALAMANDA WP PUTRAJAYA IOI CITY MALL WP PUTRAJAYA LABUAN WP LABUAN CHERAS LEISURE MALL WP KUALA LUMPUR ALPHA ANGLE SHOPPING WP KUALA LUMPUR JALAN GENTING KLANG WP KUALA LUMPUR TESCO AMPANG WP KUALA LUMPUR TESCO EXTRA CHERAS WP KUALA LUMPUR PAVILION KL SHOPPING WP KUALA LUMPUR AEON AU2 SHOPPING CE WP KUALA LUMPUR TIMES SQUARE WP KUALA LUMPUR SETAPAK CENTRAL WP KUALA LUMPUR MEDAN IDAMAN WP KUALA LUMPUR SURIA KLCC WP KUALA LUMPUR SUNWAY VELOCITY MALL WP KUALA LUMPUR SOGO WP KUALA LUMPUR MYTOWN WP KUALA LUMPUR MELAWATI MALL WP KUALA LUMPUR AEON BIG WANGSA MAJU WP KUALA LUMPUR SUNWAY PUTRA WP KUALA LUMPUR AEON TAMAN MALURI WP KUALA LUMPUR PLAZA LOW YAT WP KUALA LUMPUR AEON KEPONG WP KUALA LUMPUR TESCO KEPONG WP KUALA LUMPUR MID VALLEY MEGAMALL WP KUALA LUMPUR DAMANSARA CITY MALL WP KUALA LUMPUR NU SENTRAL WP KUALA LUMPUR MID VALLEY 2 WP KUALA LUMPUR ATIVO PLAZA WP KUALA LUMPUR NU SENTRAL 2 WP KUALA LUMPUR SRI PETALING WP KUALA LUMPUR DUNGUN TERENGGANU TERENGGANU DUNGUN TERENGGANU TERENGGANU GONG BADAK TERENGGANU KTCC MALL TERENGGANU AMPANG POINT SHOPPIN SELANGOR SHAH ALAM SEC.18 SELANGOR AEON TAMAN EQUINE SELANGOR AEON CHERAS SELATAN SELANGOR BMC MALL SELANGOR PETRONAS JALAN KOLAM AYER LAMA SELANGOR IOI MALL SELANGOR SUNWAY PYRAMID SELANGOR SHAH ALAM SEC. 18 SELANGOR BUKIT TINGGI KLANG SELANGOR BANTING SELANGOR AEON BUKIT TINGGI SH SELANGOR AEON BIG BUKIT RIMAU SELANGOR AEON BIG PUC UTAMA SELANGOR SETIA CITY MALL SELANGOR AEON BUKIT RAJA SELANGOR TESCO JENJAROM SELANGOR TESCO PUNCAK
    [Show full text]
  • Famous Amos Retail Outlet [Klang Valley]
    FAMOUS AMOS RETAIL OUTLET [KLANG VALLEY] NO OUTLET ADDRESS CONTACT AMCORP MALL Ground Floor, Amcorp Mall, 03-7931 0106 1 18, Jalan Persiaran Barat, Off Jalan Timur, 46050 Petaling Jaya, Selangor. AMPANG POINT PS 17 Ground Floor, 03-4265 6664 2 Ampang Point Shopping Centre Jalan Mamanda 3, 68000 Ampang, Selangor. AEON SHAH ALAM Lot KG3, Ground Floor, AEON Mall Shah Alam, 03-55236937 3 No. 1, Jalan Akuatik 13/64, Seksyen 13, 40100, Shah Alam, Selangor. AEON BUKIT TINGGI Lot F19A, Persiaran Batu Nilam 1/KS 6, 03-3319 2857 4 Aeon Shopping Centre, Bandar Bukit Tinggi, 41200 Klang, Selangor. AEON BUKIT RAJA Lot G34, Ground Floor, Aeon Bukit Raja Shopping Centre, 03-3341 4113 5 Persiaran Bukit Raja 2, 41150 Bandar Baru Klang, Selangor. AEON RAWANG Concession Counter, Ground Floor, Aeon Rawang, 6 1, Persiaran Anggun, Taman Anggun, 48000 Rawang, Selangor. CENTRAL MARKET FB04, Ground Floor, 03-2272 3691 7 Jalan Hang Kasturi, 50050 Kuala Lumpur. D'PULZE SHOPPING CENTRE Lot LGK-02, D'pulze Shopping Centre, 03-8322 2913 8 [CYBERJAYA] Lingkaran Cyber Point Timur, Cyber 12, 63000 Cyberjaya, Selangor. EMPIRE SHOPPING GALLERY Lot LG10, Lower Ground Floor, 03-5612 1606 9 [SUBANG] Jalan SS16/1, 47500 Subang Jaya, Selangor. GAMUDA WALK Lot K-G-02, Ground Floor, 03-5131 4031 10 12, Persiaran Anggerik Vanilla, Kota Kemuning, Section 31, 40460 Shah Alam, Selangor. IPC SHOPPING CENTRE Lot LG 1.16, Ikano Power Centre, 03-7731 4562 11 [IKANO] Jalan PJU 7/2, Mutiara Damansara, 47800 Petaling Jaya, Selangor. IOI MALL, PUCHONG Lot GK05, Ground Floor, IOI Mall, 03- 8071 8096 12 Batu 9, Jalan Puchong, Bandar Puchong Jaya, 47170 Puchong, Selangor.
    [Show full text]
  • Up-And-Coming Attractions the Klang Valley Is Home to Some of the Largest Shopping Malls in the World and Is a Shopper's Haven
    ON THE COVER NEW MALL RISING Up-and-Coming Attractions The Klang Valley Is home to some of the largest shopping malls In the world and Is a shopper's haven. Malaysia Retailertak.es a closer look at what some of the newly opened malls have to offer and also how the stalwart malls are coping with new competition. By Tan Thiam Hock & Samuel Ngeow t has been said that shopping is Malaysians' favourite pastime. Newly Completed Retail Malls In 2014 IJudging from the bustling crowds at the popular malls here and the sheer numbers and sizes of the malls in the country (some of NAME LOCATION COMPLETION NLA (sqft) the largest in the world), the phrase does bear some truth. From the Main Place USJ 21 USJ, Subang Jaya 1Q2014 237,000 most luxurious designer labels such as Louis Vuitton and Chanel to the more affordable local brands like Padini and F.O.S, there's Encorp Strand Mall Kota Damansara 1Q2014 308,800 something for everyone when they are shopping here. With the Jaya Shopping Centre Sec 14, Petaling Jaya 1Q2014 300,000 impending entries of many new malls and the ongoing expansion Nu Sentral KL Sentral 2Q 2014 651,800 of retail spaces for the existing ones, the locals are spoilt for choice D'Puize Cyberjaya 3Q 2014 240,000 when it comes to their preferred weekend activity. Quill City Mall Jalan Sultan Ismail 4Q 2014 770,000 OVERVIEW OF THE RETAIL INDUSTRY IOI City Mall Putrajaya 4Q 2014 1,350,000 Tan Sri Datuk Eddy Chen Lok Loi, Source: WTWResearch President of Malaysia Shopping Malls Retail Developments Scheduled for Completion in 2015 Association (PPK Malaysia) says, "Generally, the mall industry is doing NAME NLA (sqft) well, given the rising population and Sunway Putra Mall 620,000 thelarger consumer base.
    [Show full text]
  • Hide) Zon Tengah
    1/3 8 Mei 2021 HOTSPOT IDENTIFICATION FOR DYNAMIC ENGAGEMENT (HIDE) ZON TENGAH 1 MONT KIARA SHOPPING MALL INTERMARK MALL PASAR PAGI JINJANG UTARA 99 SPEEDMART JAKEL MALL KUALA LUMPUR 1371 JLN BANGSAR PLAZA LOW YAT 99 SPEEDMART STESEN KTMB KL SENTRAL 1605 TMN SRI BINTANG PUBLIKA SHOPPING GALLERY 99 SPEEDMART KL EAST MALL TAMAN WANGSA UKAY SELAYANG MALL AEON ALPHA ANGLE SHOPPING KL ECO CITY MALL SETAPAK CENTRAL CENTRE KNL MARKET SDN BHD 1ST FLOOR AEON BIG DANAU KOTA PODIUM BLOCK (FABER TOWERS) KOMPLEKS SOGO 190 JALAN TAR KOMPLEKS PERNIAGAAN & AEON BIG KEPONG KOMUNITI BANDAR BARU SENTUL STESEN SENTRAL KUALA LUMPUR LOTUS'S CHERAS AEON BIG WANGSA MAJU SUNGEI WANG PLAZA LOTUS'S KEPONG AEON MALL CHERAS SELATAN SUNWAY VELOCITY MALL LRT KLCC AEON MAXVALU PRIME SUNWAY VELOCITY SUPER SEVEN TRADE CENTER LRT MASJID JAMEK AEON MAXVALU PRIME THE SPHERE BANGSAR SOUTH SURIA KLCC MASJID JAMEK KAMPONG BARU KUALA AEON MID VALLEY TAMAN METROPOLITAN KEPONG KUALA MASJID SAIDINA ABU BAKAR AS LUMPUR LUMPUR SIDDIQ BANGSAR BANGSAR SHOPPING CENTRE TAPAK PENJAJA PASAR PUDU MAYBANK MID VALLEY CITY BRANCH BANGSAR VILLAGE 2 UNITED POINT COMMERCIAL MELAWATI MALL VIVA VENTURE BANGUNAN CAHAYA SURIA MENARA BUMIPUTRA COMMERCE VG DESA PARK ARKADIA BAZAR AIDILFITRI LORONG TUANKU MID VALLEY MEGAMALL ABDUL RAHMAN WISMA COSWAY MYTOWN SHOPPING CENTRE BAZARIA WANGSA MAJU BREM MALL ZON 2 SUAKASIH BENS INDEPENDENT GROCER PUBLIKA 1 UTAMA SHOPPING CENTRE NSK TRADE CITY PEEL ROAD ENDAH PARADE SHOPPING COMPLEX 99 SPEEDMART 2460 TMN SRI MEWAH NU SENTRAL SHOPPING CENTRE FAHRENHEIT88 MALL
    [Show full text]
  • The Mall Story
    ISSUE43 Untuk Ahli Sahaja PP12389/04/2013 (031984) JULY 2019 NewsNetwork FEATURES More Than Just Shopping In defence of the mall as “the third place” THE WATCH OUT CASC Conference 2019 MALL Study Trip to Bangkok WHAT’S NEW STORY tHe Spring Bintulu & KTCC MALL PRESIDENT’S MESSAGE PPK MALAYSIA OFFICE BEARERS 2018 - 2020 HONOURABLE MEMBERS OF ADVISORY BOARD Tan Sri Datuk Eddy Chen YBhg Dato’ Ngeow Voon Yean Dear members, Mr Kumar Tharmalingam Mr Richard Chan ur theme for this issue, “The Mall Story” sounds exactly YBhg Dato’ Joyce Yap like what it is - an exciting chronicle of how the shopping Mr HC Chan industry has evolved in Malaysia - from being a shopping O EXECUTIVE COUNCIL MEMBERS locality for the neighbourhood then, to the ultra-modern, chic mega-malls of today. Appropriately, our CASC Conference 2019 President YBhg Tan Sri Dato’ Teo Chiang Kok in September showcases malls from around the Asian region Vice President I and trends of the future as malls today offer beyond purely Ms Phang Sau Lian shopping. Malls have evolved to become the ultimate gathering place for everyone looking for Vice President II merchandise, food and beverage, leisure and entertainment, and services from the mundane like Ms Kung Suan Ai laundry and banking to the leading edge categories like e-sports and extreme sports and the like. Honorary Secretary Mr MK Foong Today’s Malaysian lifestyle involves beyond shopping as a core activity as malls strive to provide Assistant Secretary everything in one location and under one roof, particularly those in mixed developments. Mr KK Lim Competition amongst malls is perpetually intense as all of them attempt to attract and sustain Treasurer their shopping clientele by way of cutting-edge marketing and promotion campaigns.
    [Show full text]
  • Participating Merchants & Outlets
    PARTICIPATING MERCHANTS & OUTLETS No Outlet Name Outlet Address THAI HOU SEK B-G-11 PLAZA ARKADIA 1 THAI HOU SEK-DESA PARK DESA PARK CITY 52200 KUALA LUMPUR LOT 1.59.0-1.66.00 LVL 1 PAVILION 2 THAI HOU SEK-PAVILION 168 BKT BINTANG STREET BKT BINTANG 55100 KUALA LUMPUR LG-034 MID VALLEY MEGAMALL 3 THAI HOU SEK-MID VALLEY 1 LINGKARAN SYED PUTRA MID VALLEY CITY 58000 KUALA LUMPUR LOT S132 2ND FLOOR 1 UTAMA SHOPPING CENTRE 4 THAI HOU SEK LEBUH BANDAR UTAMA BANDAR UTAMA 47800 PETALING JAYA WONDERMAMA LOT S131 2ND FLOOR 1 UTAMA SHOPPING CTR 1 WONDERMAMA-ONE UTAMA LEBUH BANDAR UTAMA BANDAR UTAMA 47800 PETALING JAYA SAKAE SUSHI LOT MF-15/16/17,LEVEL 3, JOHOR BAHRU CITY SQUARE, 1 SAKAE SUSHI - JB CITY SQ 108, JALAN WONG AH FOOK 80000 JOHOR BAHRU JOHOR DARUL TAKZIM G56, AEON MALL KULAIJAYA, PTD 106273, PERSIARAN INDAHPURA UTAMA, 2 SAKAE SUSHI - AEON KUALAI BANDAR INDAHPURA, 81000 KULAIJAYA, JOHOR. G-08, GROUND FLOOR, KLUANG MALL, JALAN RAMBUTAN, 3 SAKAE SUSHI - KLUANG MALL BANDAR KLUANG, 86000 KLUANG, JOHOR, LOT 4-25 & 4-26, LEVEL 4, AMAN CENTRAL, 4 SAKAE SUSHI - AMAN CENT NO.1, LEBUHRAYA DARUL AMAN, 05100 ALOR SETAR, KEDAH DARUL AMAN. F12, FIRST FLOOR, KL FESTIVAL CITY 5 SAKAE SUSHI - KL FESTIV NO. 67, JALAN TAMAN IBU KOTA TAMAN DANAU KOTA, 53300 SETAPAK KUALA LUMPUR L4.07, LEVEL 4, NU SENTRAL, 6 SAKAE SUSHI - NU SENTRAL JALAN TUN SAMBATHAN, KUALA LUMPUR SENTRAL, 50470 KUALA LUMPUR. B-04, BASEMENT LEVEL, SUNWAY VELOCITY MALL, 80, 7 SAKAE SUSHI - VELOCITY JALAN CHERAS, MALURI, 55100 KUALA LUMPUR, WILAYAH PERSEKUTUAN KUALA LUMPUR.
    [Show full text]
  • A New Benchmark in Grade a Offices Two 31-Storey Grade a Offices
    @ IOI RESORT CITY A NEW BENCHMARK IN GRADE A OFFICES TWO 31-STOREY GRADE A OFFICES 1,000,000 SQ FT TOTAL NETT LETTABLE AREA 500,000 SQ FT NETT LETTABLE AREA PER TOWER 16,500 SQ FT NETT LETTABLE AREA PER FLOOR MSC CYBERCENTRE COMPLIANT GREEN BUILDING INDEX (GBI) CERTIFIED OVERLOOKS THE INTERNATIONAL CLASS INTEGRATED AND INTERCONNECTED PALM GARDEN GOLF CLUB WITH THE 1.5MIL SQ FT IOI CITY MALL & 351 ROOMS 5-STAR LE MERIDIEN PUTRAJAYA THE ICONIC BUSINESS ADDRESS IN IOI RESORT CITY Designed for Multinational Corporations and rising above WELCOME TO the IOI Resort City skyline, are the IOI City Towers. Set against a backdrop of lush and green panorama, IOI CITY TOWERS IOI City Towers offer a unique Grade A business address within a vibrant integrated development. SETTING A NEW BENCHMARK IN Le Meridien GRADE A Putrajaya OFFICES Comprising two 31-storey office towers set within IOI Resort City, IOI City Towers are state-of-the-art International Grade A offices that incorporate the latest trends in sustainability, spaciousness and facilities. What they offer is a total business lifestyle experience for local and multinational corporations. • Set within a comprehensive integrated development with IOI City Mall, the largest shopping mall in South Klang Valley, 5-star Le Meridien Putrajaya, and fronts the magnificent 18-hole Palm Garden IOI City Mall golf course. • 7,000 interconnected car parking bays Main Lobby IOI City Towers are enhanced with an impressive 9.5 metre high double-volume main reception lobby. These office towers are also GBI certified with a highly A NEW functional and energy-efficient design to reduce energy consumption, admit more natural light, and enhance staff comfort and productivity.
    [Show full text]
  • TREATS On-The-Spot Redemption Outlets Directory
    Copy of ORS Merchants Outlets Compilation_Apr22018 TREATS On-The-Spot Redemption Outlets Directory Merchants Store Name / Location Region Address Contact no. Maybank Card Centre 1 Utama Selangor Lot G-341B, New Wing, 1 Utama Shopping Centre, Petaling Jaya. 03-7728 5451 Maybank One Stop Maybank Card Centre Menara Maybank Kuala Lumpur Level 1, Menara Maybank , 100 Jalan Tun Perak, Kuala Lumpur 1300 88 6688 Centres Maybank Card Centre Kuala Lumpur Convention Centre Kuala Lumpur Lot C-21-C, Concourse Extension Suria KLCC KL City Centre 03-2026 0239 Maybank Card Centre The Gardens Kuala Lumpur S-208B, 2Nd Floor, The Gardens Mall , Mid Valley City KL. 03-2288 8988 Customer Service Centre 1 Utama Selangor Customer Service Centre 1U, Old Wing, LG Floor, Centre Court 1 Utama ONECARD Gift Customer Service Centre 1Up, New Wing, Ground Floor, Highstreet, 1 Customer Service Centre 1 Utama Selangor Card Utama Shopping Centre Customer Service Centre 1 Utama Selangor Concierge, Level 3, Highstreet , 1 Utama Shopping Centre Lot G323C, Ground Floor Highstreet 1 Utama Shopping Centre Bandar Coffee Bean & Tea Leaf 1 Utama KLang Valley T : 03 – 7496 8674 Utama Damansara 47800 Petaling Jaya, S.D.E. Coffee Bean & Tea Leaf Ampang Point KLang Valley No.51, Jalan Mamanda 9 Ampang Point 68000 Ampang, Selangor T : 03 – 9543 9340 Lot G112 G113 G114 & Gk5, Ground Floor Bangsar Shopping Centre 285 Coffee Bean & Tea Leaf Bangsar Shopping Centre KLang Valley T: 03-5879 9157 Jalan Maarof, Bukit Bandaraya 59000 Kuala Lumpur Lot No. Gf-17, Ground Floor, Bangsar Village Ii, No 2, Jalan Telawi Satu, Coffee Bean & Tea Leaf Bangsar Village Ii KLang Valley T : 03 – 9543 9352 Bangsar Baru 59100 Kuala Lumpur Ground Floor, Crown Regency No.12, Jalan P.Ramlee 50250 Kuala Coffee Bean & Tea Leaf Crown Regency KLang Valley T : 03 – 9543 9306 Lumpur The Waterfront @ Parkcity Lot No.
    [Show full text]
  • ANNUAL REPORT 2020 Company No
    Sentral REIT Sentral (formerly known as MRCB-Quill REIT) known (formerly www.sentralreit.com ANNUAL REPORT 2020 REPORT ANNUAL Sentral REIT Management Sdn Bhd (formerly known as MRCB Quill Management Sdn Bhd) Company No. 200601017500 (737252-X) (the Manager of Sentral REIT) Level 35, Menara NU 2, No. 203, Jalan Tun Sambanthan, Kuala Lumpur Sentral, 50470 Kuala Lumpur. Tel : +603 2786 8080 / 2859 7070 Fax : +603 2780 0098 ANNUAL REPORT 2020 CONTENTS CORPORATE OVERVIEW 02 Corporate Information 03 Salient Features of Sentral REIT 04 Trust Structure 05 Organisation Structure of the Manager 06 Profile of Directors of the Manager 10 The Management Team of the Manager BUSINESS HIGHLIGHTS 12 Management Discussion and Analysis 12 - Financial Highlights 13 - Portfolio Overview 27 - Operational Review 38 - Trading Performance and Investor Relation 44 Property Market Updates 66 In The News GOVERNANCE & ACCOUNTABILITY 69 Corporate Governance Overview Statement 83 Audit Committee Report 87 Statement on Risk Management and Internal Control 91 Statement on Directors’ Responsibility SUSTAINABILITY STATEMENT 92 Sustainability Statement FINANCIAL STATEMENTS 142 The Manager’s Report 146 Statement by Manager and Statutory Declaration 147 Trustee’s Report 148 Independent Auditors’ Report 152 Consolidated Statement of Comprehensive Income 155 Consolidated Statement of Financial Position 157 Consolidated Statement of Changes in Net Asset Value 158 Consolidated Statement of Cash Flows 159 Notes to the Financial Statements UNITHOLDERS’ INFORMATION 214 Analysis of Unitholdings as at 5 February 2021 217 Notice of Ninth Annual General Meeting (AGM) Proxy Form 2 SENTRAL REIT | Annual Report 2020 corporate information MANAGER SECRETARY OF THE REGISTRAR MANAGER Sentral REIT Management Boardroom Share Registrars Sdn.
    [Show full text]
  • Malaysia Real Estate Highlights
    RESEARCH REAL ESTATE HIGHLIGHTS 2ND HALF 2015 KUALA LUMPUR PENANG JOHOR BAHRU KOTA KINABALU HIGHLIGHTS KUALA LUMPUR HIGH END CONDOMINIUM MARKET Sluggish market with potential buyers and investors adopting ECONOMIC INDICATORS Kiara; DC Residency in Damansara ‘wait and see’ approach. Heights; and Damai 88, A Residency Amid domestic and external headwinds, D’Suria, 9 Madge and Brunsfield the Malaysian economy continued to Transaction volume in the Residences @ U-Thant in the Ampang moderate, recording a growth of 4.7% in Hilir / U-Thant area. condominium / apartment the third quarter of 2015 (2Q2015: 4.9%), segment continue to decline. driven mainly by private sector demand. Another seven projects, scheduled for For the whole year of 2015, the country’s completion by the first half of 2016, will contribute some 1,998 units to the Prices to remain flat generally economy is expected to expand by 4.5% existing stock. The bulk of this future with rentals expected to to 5.5% (2014: 6.0%). supply are located in KL City (1,591 move south amid heightened Private consumption which grew by 8.8% units), followed by the localities of KL competition between existing in 1Q2015 (4Q2014: 7.6%) decelerated Sentral and Mont’ Kiara with 160 units supply and new completions. to 6.4% in 2Q2015. Going forward, and 118 units respectively. The projects it is expected to moderate further as include Pavilion Banyan Tree Signatures, Greater level of product households continue to be concerned Le Nouvel, Vortex Suites, The Ritz- over the state of the economy amid innovation and marketing Carlton Residences Kuala Lumpur, KL uncertainties arising from implementation strategies amid a challenging Trillion, The Residences at The St.
    [Show full text]