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Beritajaya 2014 Issue 2
Berjaya Corporation Berhad’s Quarterly Newsletter - Issue 2, 2014 KDN No : PP 7432/02/2013(031932) From left to right : Lena Tan Wai Foon - Non-Independent Non-Executive Director,7-Eleven Holdings; Gary Brown- Deputy Chief Executive Officer, 7-Eleven Malaysia Sdn. Bhd; Shalet Marian- Independent Non-Executive Chairman, 7-Eleven Holdings; Tan U-Ming, Chan Kien Sing and Ho Meng - Non-Independent Executive Directors, 7-Eleven Holdings; and Muhammad Lukman Bin Musa @ Hussain - Independent Non-Executive Director, 7-Eleven Holdings. 7 –ELEVEN MALAYSIA HOLDINGS BERHAD MAKES DEBUT ON BURSA MALAYSIA SECURITIES BERHAD Malaysia’s largest convenience store chain lists on the Main Market On 30 MAY 2014, 7-ELEVEN MALAYSIA HOLDINGS BERHAD (“7-Eleven Holdings”) Independent Non-Executive Chairman of 7-Eleven Malaysia Holdings Berhad, Shalet listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia”), and Marian said that 7-Eleven Malaysia’s IPO was the largest IPO to be completed in officially commenced trading under the stock short name SEM and stock code 5250. Malaysia and the third largest international IPO in South East Asia at the time of listing. The convenience store chain is currently the largest in Malaysia in terms of number of stores with 1,583 outlets nationwide as at 10 April 2014. 7-Eleven will continue to open new stores and is targeting 600 new stores between 2014 and 2016. TAN SRI VINCENT TAN RECEIVES ‘ICON OF MALAYSIA’ AWARD On 30 April 2014, Tan Sri Vincent Tan (“TSVT”) received the ‘Icon of Malaysia’ Award for his achievements at the Malaysia Book of Records’ Night of Achievers at One World Hotel, Bandar Utama. -
2016 AL-SALĀM REIT Annual Report
2016 Annual 2016 Report AL-SALĀM REAL ESTATE INVESTMENT TRUST INVESTMENT REAL ESTATE AL-SALĀM 2016 AL-SALĀM REIT Annual Report Managed by: DAMANSARA REIT MANAGERS SDN BHD (717704-V) www.alsalamreit.com.my Section 1 Corporate Overview 5 | At a Glance 6 | Invesment Policy, Objectives & Strategies 7 | Corporate Profile 8 | Corporate Information Letter to Stakeholders 9 | Salient Features 11 | Key Milestones 12 | Financial Highlights 15 | Trading Performance 16 | Contents Section 2 Key Drivers 18 | Trust Structure 19 | Organisation Structure The Board of Directors 20 | The Shariah Committee 28 | Management Profile 30 | Table of Table Section 3 Section 5 Sustainability of Financial Reports Performance 90 | Manager’s Report 34 | Management Discussion & 96 | Independent Auditor’s Report Analysis 101 | Statement of Profit or Loss and Other 47 | Investor & Public Relations Comprehensive Income 50 | Market Report Summary 103 | Statement of Financial Position 54 | Summary of Investment 105 | Statement of Changes in Equity Portfolio 106 | Statement of Cash Flows 108 | Notes to the Financial Statements 148 | Statement by the Manager 149 | Statutory Declaration 150 | Shariah Committee Report 151 | Trustee's Report 152 | Analysis of Unitholdings Section 4 Foundation of Corporate Governance 68 | Board Charter 76 | Corporate Governance Report 85 | Audit Committee Report 87 | Statement on Risk Management and Internal Report Al-Salām REIT Corporate Overview 5 | At a Glance 6 | Invesment Policy, Objectives & Strategies 7 | Corporate Profile 8 | Corporate Information 9 | Letter to Stakeholders 11 | Salient Features 12 | Key Milestones 15 | Financial Highlights 1 16 | Trading Performance 2016 Annual Report 5 At a Glance 17 58 14 61 18 55 13 17 Property Revenue 17 NPI Value (%) 12 (%) (%) 8 10 Legend Retail Office F&B Restaurant F&B Non- Restaurant Net Property Gross Income Revenue RM56.9 million RM76.1 million Market Gross Capitalisation (as at 31 December 2016) Floor Area RM620.6 The 1.9 million sq. -
Operations REVIEW
OPERATIONs REVIEW Property Development Division Revenue generated by the property development division declined to RM235.9 million compared to RM414.1 million in the previous financial year. The decrease in revenue was mainly attributed to lower revenue recognition as a result of near completion of on-going projects. (Artist’s impression for illustrative purposes only) THE GROVE – WATERSCAPE VILLAS @ SS23, PETALING JAYA V SQUARE @ PETALING JAYA CITY CENTRE The Grove – Waterscape Villas is an exclusive gated and V Square or commonly known as VSQ is a commercial guarded residential enclave in SS23, Petaling Jaya. Located development strategically located along the busy Jalan away from the hustle and bustle of major highways, it is Utara of Section 52, Petaling Jaya. nonetheless easily accessible from Kuala Lumpur, Subang, Shah Alam and the Klang Valley via major highways through This 2.6-acre development is surrounded by notable a network of feeder roads. landmarks such as the Armada Hotel, PJ Hilton, Crystal Crown Hotel and Menara Axis. It is also within walking This 4.8-acre freehold development comprises 35 units of distance from the Asia Jaya LRT Station. premium lifestyle series of 3-storey bungalows and link bungalows complete with a private clubhouse with facilities. The development comprises 7 blocks of retail and office Its close proximity to various matured neighbourhoods and space with ample car parks facilities. The two 12-storey established amenities has made it a highly sought after corporate office blocks under phase 1 were fully sold property. whereas the 17-storey corporate business suites have achieved 93% take up rate. -
E-REWARDS SPREE - ECOTANK Region Coverage Area Company Name Address Tel
E-REWARDS SPREE - ECOTANK Region Coverage Area Company Name Address Tel Central AEON Ampang Utara Pineapple Computer Systems Sdn Bhd (AEON) AEON AU2, 1st Floor, (AEON Digital Mall), No. 6, Jalan Taman Setiawangsa (37/56), AU2, Taman Keramat, 54200 Kuala Lumpur Central AEON Bandar Baru Klang SNS Network Sdn Bhd 1st Floor, AEON Bandar Baru Klang, 41150 Klang, Selangor Central AEON Big Mid Valley SNS Network Sdn Bhd Lower Ground Floor, AEON BIG Mid Valley, 59200 Kuala Lumpur Central AEON Big Putrajaya SNS Network Sdn Bhd 1st Floor, AEON BIG Putrajaya, 62000 Putrajaya Central AEON Big Subang SNS Network Sdn Bhd 2nd Floor, AEON Big Subang, 47500 Subang Jaya Central AEON Bukit Tinggi Pineapple Computer Systems Sdn Bhd (AEON) No. 1, Persiaran Batu Nilam 1/KS 6, Bandar Bukit Tinggi 2, 41200 Klang, Selangor Central AEON Cheras Selatan SNS Network Sdn Bhd 1st Floor, AEON Cheras Selatan, 43200 Balakong, Selangor, Malaysia Central AEON IOI Mall Pineapple Computer Systems Sdn Bhd (AEON) Ground Floor, Lot G-40, Batu 9, IOI Mall, Jusco Bandar Puchong, Bandar Puchong Jaya, 47200, Puchong Selangor Central AEON Kepong Pineapple Computer Systems Sdn Bhd (AEON) Jusco Metra Prima Store, Lot. No. 4086, Fasa 3B (ii), Jalan Metro Prima/Jalan Kepong, Mukim Batu, 52100, Kuala Lumpur Central AEON Mid Valley Pineapple Computer Systems Sdn Bhd (AEON) 2nd Floor Mid Valley, AT3, Mid Valley Mega Mall, Mid Valley City, 58300, Kuala Lumpur Central AEON One Utama Pineapple Computer Systems Sdn Bhd (AEON) 2nd Floor, Jusco Bandar Utama, No. 1, Leboh Bandar Utama, Bandar Utama Damansara, 47800, Petaling Jaya Selangor Central AEON Rawang Pineapple Computer Systems Sdn Bhd (AEON) No. -
Operations Review
11 Annual Report 2013 OPERATIONS REVIEW Construction and Project Management Division For the financial year under review, total revenue from the Construction and Project Management division improved to RM194.8 million from RM104.2 million in the previous financial year. The increase in revenue was mainly due to the higher progress billings for the construction works for the Jaya Shopping Centre project in Section 14, Petaling Jaya, Villa Avenue and Villa Heights projects in Taman Equine in Seri Kembangan, foundation and substructure works for the Da:Men mixed development project in USJ, Subang and earthworks, piling and basement works for Wangsa 118 SOVO (small office versatile office) Suites @ Wangsa Maju. Major on-going construction projects undertaken by the Division during the financial year under review are set out below. JAYA SHOPPING CENTRE @ SECTION 14, PETALING JAYA The design and build contract for the redevelopment of the Jaya Shopping Centre at Section 14, Petaling Jaya was awarded to Domain Resources Sdn Bhd in 2009. The previous shopping centre and office building was demolished and is being redeveloped into a 7-storey modern neighbourhood shopping mall with 4 levels of basement car parks. Construction works commenced in January 2011 upon the completion of the demolition work by other contractors. The project is anticipated to be completed by end of 2013. Da:Men @ USJ 1, SUBANG Located at USJ1 in Subang, Da:Men is a mixed commercial & residential development project, consisting of 480 units of service apartments in 2 building blocks, 68 units of 5 to 6-storey shop-offices and a 6-storey retail mall. -
Kenny Rogers Roasters Outlet
storeName cityName address postCode contact (e.g:56789003) Berjaya Waterfront Complex Johor Darul Takzim Lot No. 1-29 & 1-30, Level 11, Berjaya Waterfront Complex Johor Bahru, No.88, Jln Ibrahim Sultan 80300 07-2200327 Tesco Tebrau City Johor Darul Takzim Lot G-6, Ground Floor, No.1, Persiaran Desa Tebrau, Taman Desa Tebrau, 81100 Johor. 81100 03-2119 9888 Kluang Mall Johor Darul Takzim Lot G-16, Ground Floor Kluang Mall, Jalan Rambutan 86000 07-771 5130 KRR Express JPO Johor Darul Takzim Stall No.12, Johor Premium Outlets, Jalan Premium Outlets, Indahpura, 81000 Kulai, Johor Darul Takzim, Malaysia. 81000 012-390 7323 Paradigm Mall Johor Bahru Johor Darul Takzim Lot. UG-23A, Upper Ground Floor, Paradigm Mall Johor Bahru Jalan Skudai, 81200 Johor Bahr 81200 07-232 7845 The Mall, Mid Valley Southkey Johor Darul Takzim LG-052, Level LG, Mid Valley Southekey, No. 1, Persiaran Southkey 1, 80150 Johor Bahru. 80150 07-3364036 Plaza Angsana Johor Darul Takzim L2, 2.49, Kompleks Plaza Angsana, Pusat Bandar Tampoi, Johor Bahru, 81200 Johor D.T. 81200 07-236 9097 Sunway Big Box Village Johor Darul Takzim G-L-13, Ground Floor, Sunway Big Box Village Pusat Komersial Sunway Marketplace, Persiaran Medini 6, Sunway Iskandar, Bandar Medini Iskandar, 7925079250 Iskandar03-2119 Puteri, 9888 Johor Darul Ta�zim. Aman Central Kedah Lot LG-09 & LG-10, Lower Ground Floor, No 1, Aman Central, Lebuhraya Darul Aman, 05100 Alor Setar, Kedah 5100 03-2119 9888 Lagenda Village Mall Kedah Lot G-19 & G-20, Ground Floor, Legenda Village Mall, Jalan Lagenda Heights, 08000 Sg.Petani, Kedah 8000 04-4240475 AEON Kota Bharu Kelantan Lot G36, Ground Floor, AEON Mall Kota Bharu Kampung Sireh, Jalan Jambatan Sultan Yahya Petra 15050 09-740 5526 Tesco, Kota Bahru Kelantan Lot G-13, Ground Floor, Tesco Kota Bahru, Lot 1828, Seksyen 17, Bandar Baru Kota Bahru, 15050 Kelantan 15050 09-742 1026 AEON AU 2, Ampang Kuala Lumpur Lot G-69, Ground Floor, AEON Au2 Shopping Centre, No. -
Annual Report 2013
PAVILION REAL ESTATE INVESTMENT TRUST REAL ESTATE PAVILION 2013 ANNUAL REPORT Pavilion REIT Management Sdn. Bhd. (Company Number : 939490-H) 2013 Level 10, Pavilion Kuala Lumpur, 168, Jalan Bukit Bintang, 55100 Kuala Lumpur annual T : +603 2118 8888 F : +603 2118 8889 E : [email protected] W : www.pavilion-reit.com report PavillionCover(Final_12.2.14).indd 1 2/19/14 4:38 PM Business Review Corporate Governance Report and Financial Overview Statements What’s Inside OVERVIEW I 01 Vision, Mission and Investment Strategies I 02 Corporate Information I 04 Highlights I 06 Message from the Chairman I 08 Message from the CEO I 10 Board of Directors I 14 Management Team I 16 Salient Features of Pavilion REIT I 17 Pavilion REIT Structure I BUSINESS REVIEW I 18 Manager’s Report I 19 Financial Highlights I 23 Portfolio Details I 26 Asset Enhancement Exercise I 27 Highlights of the Year I 28 Corporate Social Responsibility I 29 Investors Relation and Fund Performance I CORPORATE GOVERNANCE REPORT AND FINANCIAL STATEMENTS I 31 Corporate Governance Statement I 34 Nomination Committee Report I 35 Audit Committee Report I 38 Statement of Risk Management and Internal Control I 39 Additional Information I 42 Financial Statement I 90 Analysis of Unitholdings I 93 Market Overview I 101 Glossary I 102 Notice of Annual General Meeting I Enclosed 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. -
Malaysia-Highlights-2210.Pdf
RESEARCH REAL ESTATE HIGHLIGHTS 1ST HALF 2014 KUALA LUMPUR PENANG JOHOR BAHRU REAL ESTATE HIGHLIGHTS RESEARCH rates in Malaysia could rise by the Due to its attractive pricing, the project sq ft to RM3,000 per sq ft. Meanwhile, triplex penthouse measuring 18,000 sq ft KUALA LUMPUR second half of the year. received overwhelming response with all the former site of Lai Meng Primary for sale at RM25 million (or circa RM1,390 available units reportedly taken up. School at Jalan Ampang is proposed for per sq ft). The selling prices for its typical HIGH END a 60-storey twin towers project. One of units range from RM1,100 per sq ft. Expressionz Professional Suites @ Tun Supply & Demand the proposed towers will accommodate CONDOMINIUM Razak by Exsim Group of Companies Although there were significant a mix of serviced apartments, hotel and The cumulative supply of high end was launched in March 2014 at an completions totalling some 1,507 units in MARKET offices, while the other tower will house condominium in Kuala Lumpur stands average pricing of RM1,300 per sq ft. The KL City, asking prices continued to hold Grade A office. at 36,222 units following the completion project offers 447 serviced apartment firm while rents were marginally down of eight notable projects offering units of various layouts - studio, dual-key in selected less prominent schemes. In Market self-correcting with an additional 1,659 units [includes and duplex units sized from 643 sq ft to Prices & Rentals Bangsar, asking prices were marginally noticeably less previews and projects that are physically completed 1,405 sq ft. -
IOT and Indoor Localization
IOT and Indoor Localization Dr. David Chieng Wireless Innovation Lab MIMOS, Berhad Malaysia Content • IoT • Location, the missing context? • Motivations for getting indoor • Wireless indoor positioning techniques • Deployment approaches • MIMOS Indoor Location Platform • Research challenges & potential solutions • Conclusions 2 ASEAN RISE 2016, Hanoi IoT • Billions of devices around us • Billions worth of market opportunities? Wireless Access Operations Applications/ Sensor Networks Management Services Networks Markets and Markets, Nov 2014 • Smart home, smart office, smart health, smart manufacturing, smart retail, etc Indoor 3 ASEAN RISE 2016, Hanoi Location, the Missing Context? • Intelligent = Context-aware • 5 elements of context: Who, What, Why, When and WHERE • Typical context-aware IoT applications. E.g. – Play my favourite music(what) when I enter my(who) bedroom (where) – Call nearest(where) person(who), when home alarm(what) triggered – When did Johnny(who) reach/left school(where)? • In indoor environment, the “where” is largely missing – 80% people are indoor, 80% of the time…. 4 ASEAN RISE 2016, Hanoi What can Location Info offer for IoT? • With location awareness, a more meaningful interactions between human, things, events and location can take place • Semantic positioning – beyond geo spatial info. Deriving user’s position & action through IoT sensing • Such a rich set of contextual info can be translated to a wide range of innovative location-based applications: – Trigger services based on what user is doing? – Advertise based on user’s state? 5 ASEAN RISE 2016, Hanoi Motivations for Getting Indoor • Buildings getting higher, shopping malls getting bigger • “ABI Research forecasted that total indoor location revenues will reach US$10 billion in 2020, driven primarily by BLE Beacons and advertising”, May 2015. -
State Participating Samsung Stores Address
State Participating Samsung Stores Address KUALA LUMPUR LOW YAT PLAZA LOT 1-005, 1ST FLOOR, LOW YAT PLAZA, NO.7, JALAN BINTANG, BUKIT BINTANG CENTRAL,55100 KUALA LUMPUR. KUALA LUMPUR PUBLIKA LOT NO 23, LEVEL G2, PUBLIKA, NO.1, JALAN DUTAMAS 1, SOLARIS DUTAMAS, 50480 KUALA LUMPUR. KUALA LUMPUR SETAPAK CENTRAL LOT S-32, SECOND FLOOR, SETAPAK CENTRAL, NO.67, JALAN TAMAN IBU KOTA, TAMAN DANAU KOTA, SETAPAK, 53300 KL. KUALA LUMPUR NU SENTRAL UNIT NO. L2.06 : SECOND FLOOR AT NU SENTRAL, JALAN TUN SAMBATHAN, 50470 KUALA LUMPUR KUALA LUMPUR LOW YAT LOT G013 & G-K014,GROUND FLOOR,PLAZA LOW YAT,NO.7 JALAN BINTANG, OFF JALAN BUKIT BINTANG,BUKIT BINTANG CENTRAL,55100 KUALA LUMPUR. KUALA LUMPUR BERJAYA TIME SQUARE LOT 01-62, FIRST FLOOR, BERJAYA TIME SQUARE, JALAN IMBI, 55100 KUALA LUMPUR. KUALA LUMPUR MID VALLEY S043 & S043A 2ND FLOOR MID VALLEY MEGAMALL, LINGKARAN SYED PUTRA, 59200 KUALA LUMPUR. KUALA LUMPUR PERTAMA COMPLEX LOT G94 & G95,GROUND FLOOR HALL, PERTAMA COMPLEX, JALAN TUANKU ABDUL RAHMAN, 50100 KUALA LUMPUR. KUALA LUMPUR AEON MALURI F08. FIRST FLOOR, AEON TAMAN MALURI SHOPPING CENTRE, JALAN JEJAKA, TAMAN MALURI CHERAS, 55100, KUALA LUMPUR KUALA LUMPUR PAVILION LOT6.17.00, LEVEL 6, PAVILLION KUALA LUMPUR, 168 JALAN BUKIT BINTANG 55100, KUALA LUMPUR KUALA LUMPUR BANGSAR VILLAGE II LOT 2F-05, 2ND FLOOR, BANGSAR VILLAGE II, NO.2, JALAN TELAWI SATU, BANGSAR BARU, 59100 KUALA LUMPUR. KUALA LUMPUR KLCC LOT 319-LC301A, THIRD FLOOR SURIA KLCC, KUALA LUMPUR CITY CENTRE, 50088 KL. KUALA LUMPUR THE GARDENS LOT T-242A & B T-243, THIRD FLOOR, THE GARDENS MALL, MIDVALLEY CITY, LINGKARAN SYED PUTRA, 59200, KUALA LUMPUR. -
SKRIN SEAT JOHOR TGV AEON Tebrau 10 1,731 1 TGV AEON Bukit
SENARAI PAWAGAM TAHUN 2019 SKRIN SEAT JUM. PAWAGAM SENARAI PAWAGAM JOHOR TGV AEON Tebrau 10 1,731 1 TGV AEON Bukit Indah, Johor Bahru 9 1,614 1 TGV AEON Kulai Jaya 5 1,203 1 GSC Paradigm Mall, Johor Bahru 16 2,107 1 MBO Kluang Mall 6 963 1 MBO Cinemas Square One, Batu Pahat 8 1,189 1 MBO Cinemas U Mall, Skudai 5 601 1 MBO KSL City Mall, Johor Bahru 8 1,378 1 MBO Heritage Mall, Kota Tinggi 7 1,043 1 MMCineplexes City Square, Johor Bahru 10 2,230 1 MMCineplexes IOI Mall, Kulai Jaya 6 920 1 MMCineplexes 1Segamat Shopping Complex 8 1,703 1 LFS Plaza Tasek Cineplex, Skudai 3 619 1 LFS Skudai Parade, Johor Bahru 4 938 1 Paragon Cinemas, Batu Pahat Mall 7 1,060 1 Super Star Cinema Ulu Tiram Mall 8 1,373 1 Super Star Cinema Bandar Seri Alam, Masai 4 543 1 Superstar Cinema U Sentral, Segamat 5 668 1 KPI Broadway Theatre, Johor Bahru 1 244 1 Blockbuster Cineplexes, Kompleks Perling Mall, Johor Bahru 2 582 1 Suara Screen, Pasir Gudang 2 260 1 MELAKA GSC Dataran Pahlawan 10 2,004 1 GSC AEON Bandaraya Melaka 10 1,783 1 MBO Cinemas Melaka Mall, Ayer Keroh 7 1,208 1 MBO Elements Mall, Taman Melaka Raya 10 1,584 1 MMCineplexes Mahkota Parade 4 645 1 Suara Screen, Soon Seng Plaza, Jln Hang Tuah 2 159 1 NEGERI SEMBILAN TGV AEON Seremban2 7 1,191 1 GSC Terminal One, Seremban 4 1,010 1 GSC Palm Mall Seremban, Kemayan Square 10 1,659 1 MBO Cinemas Era Square Mall, Terminal 2, Seremban 10 1,449 1 MMCineplexes Bahau Cineplex 6 1,036 1 LFS Perdana KM Plaza, Seremban 1 266 1 SELANGOR TGV Bukit Raja, Klang 8 1,428 1 TGV The Mines Resort, Seri Kembangan 5 939 1 -
2Nd Half 2013 Real Estate Highlights Kuala Lumpur | Penang | Johor Bahru
Research 2nd Half 2013 real estate highlights Kuala Lumpur | Penang | Johor Bahru Highlights Kuala Lumpur: The residential market is expected to self-correct in the next six to twelve months with the impending implementation of more cooling measures and is expected to see lower volume of transactions going forward. With the expansion of the Oil & Gas sector and concerted efforts by InvestKL to attract MNCs to the country, we expect more activity in the office leasing market. The Klang Valley retail market continues to draw interests of international retailers and drive the expansion of existing brands despite the slowdown in retail sales growth. The various Government initiatives proposed under the recent Budget 2014 announcement to encourage investments to build new 4 and 5-star hotels to promote Malaysia as the destination of choice, augur well for the Kuala Lumpur hotel market. Penang: Komtar Tower will undergo a RM50 million revitalization and rejuvenation exercise that includes refurbishment to levels 5, 59, 60, 64 & 65 to create high-end commercial space for retail, food and beverage and recreational purposes. With no immediate incoming supply of office space into Penang Island, occupancy rates in the short term are expected to improve. Johor: JB property market is expected to remain firm in the medium term with more Malaysian and Singaporean- based developers expected to venture into the Iskandar region. Medini will continue to be the ‘hotspot’ given its special economic zone status. 2nd Half 2013 REAL ESTATE HIGHLIGHTS Kuala Lumpur | Penang | Johor Bahru Kuala Lumpur High End Condominium Market located bordering the Golden Triangle and Market Indications Central Business District of Kuala Lumpur, has achieved 95% sales rate since its launch in Malaysia’s economy grew by 5% in 3Q2013, 2011, with only the larger size units still higher than the 4.4% growth recorded in available for sale.