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Eritaboustead July - September 2008 eritaBoustead July - September 2008 For internal circulation only HRH Tuanku Ja’afar celebrates 86th birthday at The Royale Bintang Resort & Spa Seremban pg 3 Pg 3 Boustead Plantations & Boustead Properties win 'Malaysia1000 Merdeka Award' pg 6 Group Finance Retreat in Bali pg 10 & 11 the Curve organises first ever sports event Selamat Hari Raya pg 18 Aidilfitri Group Managing Director's message HRH Tuanku Ja’afar celebrates 86th birthday Dear fellow Bousteadians, at The Royale Bintang Resort & Spa Seremban These are indeed challenging times. It is imperative for a conglomerate like he HRH Yang Di-Pertuan Besar Negeri Sembilan, Uncertainty seems to abound from all ours to achieve sustainable organic Tuanku Ja’afar Ibni Al-Marhum Tuanku Abdul sectors, internationally, regionally and of growth, especially at a time when Rahman recently celebrated his 86th birthday in course domestically. Fortunately for us not T the Malaysian economy is facing style and pomp tradition at the Seri Negeri Ballroom, only have we been able to stay constant, but considerable domestic and external The Royale Bintang Resort & Spa Seremban. we have actually thrived and excelled. challenges. Despite these challenges, we have been able to deliver growth Attended by 1000 guests including the other royal For the first half of our financial year, we and I am confident that the Malaysian families from neighbouring states, Chief Minister recorded a highly successful unaudited economy has strong fundamentals to of Negeri Sembilan and his wife, cabinet ministers, profit before tax of RM450 million. This weather this storm. celebrities and other VIPs, this special event was represented a significant profit increase of organised by State Government of Negeri Sembilan. 110% compared to the previous financial Our growth has been achieved based The evening started at 7.00pm with the arrival of year and was achieved on the back of a YBhg Tan Sri Dato’ Lodin on our proven track record and strategy Wok Kamaruddin distinguished guests, followed by a lavish western set turnover of RM3.9 billion. of having multiple sources of earnings dinner specially created for the occasion by the hotel's from six major activities that contribute culinary team. Our success has not gone unnoticed. Our to our revenue and bottom-line. Group was listed as one of the 'Top 50 The ballroom was flourishing with gorgeous white roses Most Valuable Brands' in Malaysia by Brand I call upon all Boustedians to explore relevant and achieve meaningful in full bloom, glittering fairy lights and drapery decked Finance and also one of the 'Top 100 new ways to improve productivity contribution for the Group’s growth. in red, black and yellow colours representing the Negeri Malaysian Listed Companies' in the KPMG/ and where possible, strengthen our Let us work together to achieve our Sembilan flag. The pastry kitchen put together a 3- The Edge Shareholder Value Awards 2007. earnings potential. One such case in objectives and ensure the further tier birthday cake specially designed for the occasion point is the successful completion of progress of our Group. and Chef Shamsul, the hotel's Pastry Chef presented Two of our subsidiaries, namely Boustead Franz Swoboda, the hotel’s General Manager and Chief Minister of Negeri Sembilan, our takeover of Boustead Properties the cake to Tuanku Ja’afar during the cake-cutting Plantations Berhad and Boustead Properties YAB Dato’ Seri Utama Hj Mohamad Hj Hasan escorting the royal couple to the ballroom Berhad. To our Muslim Bousteadians, I would ceremony. Berhad received the 'Malaysia1000 Merdeka like to wish all of you a joyous Award' while our property arm retained its The respective management teams Hari Raya and to all those travelling status as one of Malaysia’s top ten property must look within to ensure that each outstation do take greater care in developers by The Edge. Division operates efficiently to remain your journey back home. Bhg Tan Sri Dato’ Lodin Wok Kamaruddin, Group Managing Director of Boustead Holdings Berhad was among the exemplary few who Tan Sri Lodin Yreceived the most coveted titles in the region for entrepreneurship Perutusan at the Asia Pacific Entrepreneurship Awards 2008 (APEA2008). receives Outstanding Tan Sri Lodin received the award in the Outstanding Entreprenuership Pengarah Urusan Kumpulan Category from Minister of Entrepreneur and Cooperative Development, Entrepreneurship YB Dato’ Noh Omar at the Kuala Lumpur Convention Centre on 23 July Staf Boustead yang dihargai, 2008. Award Keadaan sekarang sememangnya sungguh pula telah dikurniakan 'Anugerah Saya menyeru agar semua staf APEA2008 was organised by Enterprise Asia, a regional non-governmental mencabar. Ketidakpastian timbul di pelbagai Merdeka Malaysia1000' manakala Boustead dapat menerokai cara- organisation promoting entrepreneurship. It is tagged as the most sektor di peringkat antarabangsa, di rantau syarikat hartanah kita telah berjaya cara baru untuk meningkatkan lagi prestigious awards for entrepreneurship in the region and recognises ini dan juga di dalam negeri. Meskipun mengekalkan kedudukannya sebagai produktiviti dan mengukuhkan lagi business leaders for outstanding entrepreneurship as judged by an dalam keadaan ini, kita masih mampu salah satu daripada 10 pemaju potensi perolehan kita. Satu contoh independent judging panel. These awards are accorded to the exemplary bertahan, malahan berjaya berkembang hartanah terbaik Malaysia oleh The yang baik adalah kejayaan kita few who have shown outstanding performance in their maju dan mencapai kecemerlangan. Edge. mengambilalih Boustead Properties execution of visions, brands and strategies. Berhad. Kumpulan telah berjaya mencatatkan Ketika ekonomi Malaysia sedang The awards attracted 625 nominations from various keuntungan sebelum cukai yang belum menghadapi pelbagai cabaran dalaman Pihak pengurusan perlu prihatin bagi diaudit yang tinggi sebanyak RM450 juta dan luaran yang hebat, adalah penting memastikan Bahagian masing-masing industries and out of this number, only 44 made it to the bagi separuh pertama tahun kewangannya. bagi konglomerat seperti kita untuk beroperasi dengan cekap supaya kita winners’ podium. Jumlah ini merupakan satu peningkatan mencapai pertumbuhan organik yang kekal relevan dan dapat mencapai yang ketara sebanyak 110% berbanding sumbangan yang lebih bermakna Congratulations Tan Sri from Berita Boustead! tahun kewangan sebelumnya dan ini dicapai berterusan. Walaupun menghadapi untuk pertumbuhan Kumpulan. di atas perolehan sebanyak RM3.9 bilion. pelbagai cabaran, kita masih mampu berkembang dan saya yakin ekonomi Marilah kita bekerja bersama-sama Kejayaan kita telah mendapat perhatian. Malaysia mempunyai asas yang kukuh untuk mencapai objektif-objektif kita Kumpulan telah disenarai sebagai salah satu untuk kita mengharungi kemelut ini. dan memastikan agar Kumpulan terus daripada '50 Jenama Paling Bernilai' di maju. Malaysia oleh Brand Finance dan juga antara Pertumbuhan kita telah dicapai '100 Syarikat Tersenarai Malaysia Terbaik' berdasarkan perkembangan rekod Saya ingin mengucapkan selamat KPMG/The Edge Shareholder Value Awards yang telah terbukti serta strategi berhari raya kepada staf Boustead 2007. kepelbagaian sumber pendapatan yang beragama Islam dan kepada daripada enam Bahagian utama yang mereka yang memandu pulang ke Dua anak syarikat kita, Boustead Plantations telah menyumbang kepada hasil dan kampung masing-masing, berhati- Tan Sri Lodin receiving his award Berhad dan Boustead Properties Berhad keuntungan kita. hati di jalan raya. from the Minister. Also seen in the photo is Enterprise Asia's President, William Ng (middle) Director's YBhg Dato' ProfileGhazali Mohd Ali Qualification Graduated from the Western Australian Institute of Boustead Properties retains its membership in the Technology, Perth in Town and Regional Planning ‘Exclusive Club’ of Malaysia’s Top 10 Property Developers (1970). Date of joining Boustead 1 December 1994 Current position Divisional Director (Property) – oustead Properties Berhad retained its status as one of The awards which were conceptualised in 2003, is based on Boustead Holdings Berhad Malaysia’s Top Ten Property Developers when the Edge both quantitative (i.e. shareholders’ funds, turnover, profit Bawards for 2008 were presented by the Minister of before tax, cash and gearing) and qualitative ((i.e. product Nature of job Leadership role for strategy and execution for all Housing and Local Government, YB Dato’ Seri Ong Ka Chuan quality, innovation & creativity, value creation for buyers, image property development initiatives undertaken by the at a ceremony held at the Mandarin Oriental Hotel in Kuala and expertise) attributes of the developer. Group. Lumpur on 28 August 2008. Boustead Properties was not listed as a Property counter in Working experience & occupation • Fellow of the Malaysian Institute of Planners (MIP). This is the 6th year the Edge magazine has ranked Malaysian 2003, whilst in 2006, it dropped to 15th position. Its current • Member of the Town Planning Board of Malaysia. developers and Boustead Properties has been ranked in the top ranking is 10th as non-listed developers have been included in • Board member of Perumahan Kinrara Berhad. ten for four out of the six years. the awards for the first time. • Previously the Managing Director of Syarikat Perumahan Pegawai Kerajaan Sdn Bhd (SPPK). • Previously the Deputy Director General of the Urban The list of Malaysia’s Top Ten Property Developers over the last 5 years has not changed
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