The Sunway Brand, Hallmarks of a Premier Property Developer

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The Sunway Brand, Hallmarks of a Premier Property Developer Laporan Tahunan 2004 Annual Report The Sunway Brand, Hallmarks of a Premier Property Developer SUNWAY CITY BERHAD ( Co. No. 87564 - X ) CONTENTS Corporate Vision 2 Corporate Directory 3 - 4 Corporate Information 5 - 6 Corporate Structure 7 Profile of Directors 8 - 12 Five-Year Group Financial Summary 13 Financial Highlights 14 - 15 Chairman’s Statement / Penyata Pengerusi 16 - 25 Corporate Governance Statement 26 - 31 Terms of Reference of 32 - 34 Executive Committee of The Board Terms of Reference of 35 - 36 Employees’ Share Option Scheme Committee Terms of Reference of Nomination Committee 37 - 38 Terms of Reference of Remuneration Committee 39 - 40 Cover Rationale Terms of Reference of Group Risk Management Committee 41 - 42 The Sunway Brand encompassed within a golden Audit Committee Report 43 - 48 sphere, signify distinctive Statement on Internal Control 49 - 50 designs and quality finishes in prime locations are the Enterprise Risk Management Framework 51 - 52 hallmarks of Sunway City Berhad, Malaysia’s premier Financial Statements 53 - 138 property developer. Awarded List of Properties 139 - 145 Superbrands status for its timely delivery, innovation Additional Compliance Information 146 - 147 and consistent quality, Sunway City Berhad is indeed Recurrent Related Party Transactions 148 - 153 a trusted name that Directors’ Interests in Shares and Options over endeavours lifestyle in the Ordinary Shares of the Company and its property industry amongst Subsidiary Companies 154 the discerning Malaysian (87564-X) home buyers. Analysis of Shareholdings 155 - 156 Notice of 22nd Annual General Meeting 157 - 161 Statement Accompanying Notice of Annual General Meeting 162 Form of Proxy CITY BERHAD SUNWAY 1 CORPORATE VISION A premier property company focusing on quality real estate development and investing in properties with attractive yields that augment its township development to generate excellent returns that maximise shareholders’ value. Sunway City Berhad Group of Companies shall achieve the vision through the realisation of the following goals: • Exceeding customers' needs with superior and innovative products and services. • Building and developing a culture and environment that promote excellence and dedication in its stakeholders. • Utilising technology to enhance the Group's competitive advantage in the marketplace. (87564-X) Sunway City Berhad Corporate Vision SUNWAY CITY BERHAD SUNWAY 2 CORPORATE DIRECTORY of Main Operating Companies PROPERTY DEVELOPMENT SUNWAY CANA CITY DEVELOPMENT LTD. SUNWAY CITY BERHAD SUNWAY DAMANSARA SDN BHD NO. 23, CEOZ - 25 EOZ SUNWAY D’MONT KIARA SDN BHD KRAMUON SAR STREET (114) S/K PHSAR THMEI 1 SUNWAY RAHMAN PUTRA SDN BHD KHAN DAUN PENH, PHNOM PENH SUNWAY MONTEREZ SDN BHD CAMBODIA SUNWAY KINRARA SDN BHD TEL : 00-855-23-221-259 PENA ENTERPRISE SDN BHD FAX : 00-855-23-221-258 SUNWAY TOWNHOUSE SDN BHD SYARIKAT SHOIB PROPERTIES SDN BHD PROPERTY INVESTMENT SUNWAY SPK HOMES SDN BHD SUNWAY PYRAMID SDN BHD SUNWAY SOUTH QUAY SDN BHD (Formerly known as Renown Oasis Sdn Bhd) LL1.10, SUNWAY PYRAMID SHOPPING MALL CASA MUJUR SDN BHD NO. 3, JALAN PJS 11/15, BANDAR SUNWAY 46150 PETALING JAYA, SELANGOR LEVEL 1-3, MENARA SUNWAY TEL : (03) 7492-6668 JALAN LAGOON TIMUR, BANDAR SUNWAY FAX : (03) 7492-6333 46150 PETALING JAYA, SELANGOR TEL : (03) 5639-8888 PELUANG KLASIK (M) SDN BHD FAX : (03) 5639-9992 NO. 2A, PERSIARAN SCI 2/1, SUNWAY CITY IPOH SUNWAY TUNAS SDN BHD 31150 IPOH, PERAK SUNWAY BUKIT GAMBIER SDN BHD TEL : (05) 548-6668 FAX : (05) 548-6868 SUNWAY CITY (PENANG) SDN BHD SUNWAY GRAND SDN BHD (Formerly known as Grandeal Trading Co. Sdn Bhd) PROPERTY MANAGEMENT ESTEEM CREST SDN BHD STELLAR DESTINY SDN BHD MENARA SUNWAY SDN BHD NO. 1, PERSIARAN MAHSURI 1/3 SUNWAY TUNAS, 11900 BAYAN LEPAS LEVEL 1-3, MENARA SUNWAY PENANG JALAN LAGOON TIMUR, BANDAR SUNWAY TEL : (04) 643-9898 46150 PETALING JAYA, SELANGOR FAX : (04) 644-1313 TEL : (03) 5639-8888 FAX : (03) 5639-9992 SUNWAY CITY (IPOH) SDN BHD NO. 2A, PERSIARAN SCI 2/1, SUNWAY CITY IPOH LEISURE 31150 IPOH, PERAK TEL : (05) 548-6668 SUNWAY LAGOON SDN BHD FAX : (05) 548-6868 3, JALAN PJS 11/11, BANDAR SUNWAY 46150 PETALING JAYA, SELANGOR SUNWAY SEMENYIH SDN BHD TEL : (03) 5635-8000 FAX : (03) 5635-5050 NO. 103, JALAN 1/3 BANDAR TECHNOLOGY KAJANG (87564-X) 43500 SEMENYIH, SELANGOR SUNWAY INTERNATIONAL VACATION CLUB TEL : (03) 8723-3131 BERHAD (Formerly known as Sunway Vacation FAX : (03) 8723-3030 Resorts Berhad) LOBBY LEVEL, MENARA SUNWAY JALAN LAGOON TIMUR, BANDAR SUNWAY 46150 PETALING JAYA, SELANGOR TEL : (03) 5639-9993 CITY BERHAD SUNWAY FAX : (03) 5637-2373 3 CORPORATE DIRECTORY of Main Operating Companies (Cont’d) SUNWAY TRAVEL SDN BHD SUNWAY HOTEL (SEBERANG JAYA) SDN BHD @ LINK SUNWAY LAGOON RESORT HOTEL NO. 11, LEBUH TENGGIRI DUA PERSIARAN LAGOON, BANDAR SUNWAY PUSAT BANDAR BANDAR SEBERANG JAYA 46150 PETALING JAYA, SELANGOR SEBERANG JAYA, 13700 PRAI TEL : (03) 5632-5622 TEL : (04) 370-7788 FAX : (03) 5632-4784 FAX : (04) 370-0555 SUNWAY LAGOON WATER PARK SDN BHD SUNWAY HOTEL PHNOM PENH, LTD. NO. 2A, PERSIARAN SCI 2/1 1, STREET 92 SUNWAY CITY IPOH SANGKAT WAT PHNOM 31150 IPOH, PERAK P.O. BOX 633 TEL : (05) 548-6668 PHNOM PENH 12202 FAX : (05) 548-6868 KINGDOM OF CAMBODIA TEL : 00-855-23-430333 FAX : 00-855-23-430339 SUNWAY LAGOON CLUB BERHAD 3, JALAN LAGOON TIMUR, BANDAR SUNWAY ALLSON INTERNATIONAL HOLDINGS LIMITED 46150 PETALING JAYA, SELANGOR ALLSON HOTELS & RESORTS MANAGEMENT TEL : (03) 5636-1188 SDN BHD FAX : (03) 5636-4889 ALLSON INTERNATIONAL HOTELS & RESORTS (B.V.I.) LIMITED PYRAMID BOWL SDN BHD ALLSON INTERNATIONAL MANAGEMENT LIMITED LOT F2.22, SUNWAY PYRAMID SHOPPING MALL NO. 3, JALAN PJS 11/15, BANDAR SUNWAY LEVEL 15, SUNWAY LAGOON RESORT HOTEL 46150 PETALING JAYA, SELANGOR PERSIARAN LAGOON, BANDAR SUNWAY TEL : (03) 7492-6307/8/9 46150 PETALING JAYA, SELANGOR FAX : (03) 7492-6310 TEL : (03) 7492-5222 FAX : (03) 7492-0636 HOSPITALITY HEALTHCARE SUNWAY RESORT HOTEL SDN BHD SUNWAY MEDICAL CENTRE BERHAD PERSIARAN LAGOON, BANDAR SUNWAY 46150 PETALING JAYA, SELANGOR NO. 5, JALAN LAGOON SELATAN TEL : (03) 7492-8000 BANDAR SUNWAY FAX : (03) 7492-8001 46150 PETALING JAYA, SELANGOR TEL : (03) 7491-9191 FAX : (03) 7491-8181 SUNWAY HOTEL (PENANG) SDN BHD (87564-X) 33, NEWLANE, GEORGETOWN 10400 PENANG TEL : (04) 229-9988 FAX : (04) 228-8899 SUNWAY CITY BERHAD SUNWAY 4 CORPORATE INFORMATION BOARD OF DIRECTORS EXECUTIVE COMMITTEE OF THE BOARD Executive Chairman, Dato’ Wong Choon Kee (Chairman) Non-Independent Executive Director Yau Kok Seng Tan Sri Dato’ Seri (Dr) Cheah Fook Ling Ngian Siew Siong Ngeow Voon Yean Deputy Executive Chairman, Ong Pang Yen Non-Independent Executive Director Lim Swe Guan Datuk Razman M Hashim Wang Yeong Khang (Alternate to Yau Kok Seng) Senior Managing Director, Non-Independent Executive Director NOMINATION COMMITTEE Dato’ Wong Choon Kee Tan Sri Dato’ Ir Talha Bin Haji Mohd Hashim Managing Directors, (Chairman) Non-Independent Executive Directors Teo Tong How Ngian Siew Siong - Property Development Tan Siak Tee Ngeow Voon Yean - Property Investment Chief Financial Officer, REMUNERATION COMMITTEE Non-Independent Executive Director Wang Yeong Khang (Alternate Director to Tan Sri Dato’ Ir Talha Bin Haji Mohd Hashim Dato’ Wong Choon Kee) (Chairman) Teo Tong How Non-Independent Non-Executive Directors Tan Sri Dato’ Seri (Dr) Cheah Fook Ling Low Siew Moi (f) Lim Swe Guan GROUP RISK MANAGEMENT COMMITTEE Senior Independent Non-Executive Director Tan Sri Dato’ Ir Talha Bin Haji Mohd Hashim Dato’ Wong Choon Kee (Chairman) Ngian Siew Siong Independent Non-Executive Directors Ngeow Voon Yean Teo Tong How Yuen Kam Wah Tan Siak Tee Lee Weng Keng Wang Yeong Khang AUDIT COMMITTEE COMPANY SECRETARIES Tan Sri Dato’ Ir Talha Bin Haji Mohd Hashim (Chairman) Puan Sri Datin Seri (Dr) Susan Cheah Seok Cheng Teo Tong How (MIA 5601) Tan Siak Tee Tan Kim Aun (MAICSA 7002988) Ngian Siew Siong Lee Suan Choo (MAICSA 7017562) EMPLOYEES’ SHARE OPTION SCHEME COMMITTEE (87564-X) Tan Sri Dato’ Seri (Dr) Cheah Fook Ling (Chairman) Datuk Razman M Hashim Dato’ Wong Choon Kee SUNWAY CITY BERHAD SUNWAY 5 CORPORATE INFORMATION (Cont’d) REGISTERED OFFICE SOLICITORS Level 16, Menara Sunway David Lingam & Co. Jalan Lagoon Timur Helen & Co. Bandar Sunway Wang Kuo Shing & Co. 46150 Petaling Jaya Selangor Darul Ehsan Malaysia PRINCIPAL BANKERS Tel No: (03) 5639-8889 Fax No: (03) 5639-9507 HSBC Bank Malaysia Berhad Malayan Banking Berhad Public Bank Berhad SHARE REGISTRAR Alliance Bank Berhad United Overseas Bank (Malaysia) Berhad Sunway Management Sdn Bhd (50661-X) Level 16, Menara Sunway Jalan Lagoon Timur STOCK EXCHANGE LISTING Bandar Sunway 46150 Petaling Jaya Main Board of Bursa Malaysia Securities Berhad Selangor Darul Ehsan Malaysia Tel No: (03) 5639-8889 WEBSITE ADDRESS Fax No: (03) 5639-9507 www.sunway.com.my/suncity AUDITORS Ernst & Young Chartered Accountants (87564-X) SUNWAY CITY BERHAD SUNWAY 6 CORPORATE STRUCTURE OF MAIN OPERATING COMPANIES Property Property Investment Sunway Pyramid Sdn Bhd Development Peluang Klasik (M) Sdn Bhd Sunway Damansara Sdn Bhd Sunway D’Mont Kiara Sdn Bhd Sunway Semenyih Sdn Bhd Sunway City (Ipoh) Sdn Bhd Sunway Monterez Sdn Bhd Hospitality Sunway Rahman Putra Sdn Bhd Pena Enterprise Sdn Bhd Sunway City (Penang) Sdn Bhd Sunway Kinrara Sdn Bhd Allson International Holdings Limited Group Sunway Tunas Sdn Bhd Sunway Resort Hotel Sdn Bhd Sunway Townhouse Sdn Bhd Sunway Hotel (Penang) Sdn Bhd Esteem Crest Sdn Bhd Sunway Hotel (Seberang Jaya) Sdn Bhd Sunway South Quay Sdn Bhd Sunway Hotel Phnom Penh, Ltd. 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