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 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’ 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 much except for their rankings and is as follows: Development Authority (UDA). Achievements • Multiple laurels - two runaway successes - award 2004 2005 2006 2007 2008 winning townships, Mutiara Rini and Mutiara 1 IGB Corporation Bhd SP Setia Bhd SP Setia Bhd SP Setia Bhd SP Setia Bhd Damansara. 2 SP Setia Bhd IOI Properties Bhd IGB Corporation Bhd IGB Corporation Bhd IGB Corporation Bhd • Four consecutive years of winning ‘The Edge’s Top 3 IOI Properties Bhd IGB Corporation Bhd Island & Peninsular Bhd IOI Properties Bhd Sunway City Bhd 10 Property Developers Awards.’ 4 MK Land Holdings Bhd Sunway City Bhd Sunway City Bhd Sunway City Bhd Island & Peninsular Bhd 5 Sime UEP Properties Bhd MK Land Holdings Bhd IOI Properties Bhd Island & Peninsular Bhd IOI Properties Bhd Work attitude & leadership • “I believe I’m as good as my staff." 6 Bandar Raya Development Bhd Sime UEP Properties Bhd Sime UEP Properties Bhd Sime UEP Properties Bhd Bandar Raya Development Bhd • "I will not ask my staff to do something that I 7 Sunway City Bhd Bandar Raya Development Bhd Sunrise Bhd Boustead Properties Bhd Bandar Utama Sdn Bhd myself cannot do such as self-discipline." 8 Island & Peninsular Bhd Boustead Properties Bhd MK Land Holdings Bhd Bandar Raya Development Bhd Sunrise Bhd • “To get things done, I am prepared to get my hands 9 Boustead Properties Bhd Island & Peninsular Bhd Bandar Raya Development Bhd E&O Property Development Bhd E&O Property Development Bhd dirty.” 10 Sunrise Bhd Sunrise Bhd YTL Land Bhd Sunrise Bhd Boustead Properties Bhd • “I like challenges and welcome them in whatever shapes they come.” • “For people to understand me better, I believe in consistent leadership.”

Hopes and aspirations • To ensure Mutiara Damansara especially the Curve's pole position continues. is • To continuously add value to all our property Success projects.

never final Memorable working experience • Leading the Dayabumi project whilst he was attached to UDA, and Bandar Kinrara whilst he was at Island & Peninsular. and failure is • Turned around SPPK and working on his current projects for Boustead.“I'm glad to have a great never fatal! Board to work with that have always given me the trust to deliver and have a great supportive team!"

Ingredients for success • There are no shortcuts to success. “You have to work hard for it!” • Success is never final & failure is never fatal!  

Idaman Pharma wins 'Pharmaniaga’s Vendor Excellence Award 2008'

daman Pharma Sdn Bhd has won one of 'Pharmaniaga’s Vendor Excellence Awards' at a ceremony held at the Sheraton Hotel in Subang Jaya on 22 July I2008. The award won by Idaman Pharma was for ‘Vendor Cemerlang Skim Anak Angkat.’ Idaman Pharma was represented by its Managing Director, Pn Farshila Emran, who received the award from Health Minister, YB Dato’ .

The Vendor Excellence Awards is an annual event to recognise vendors based on criteria such as delivery timelines, product quality and customer service.

Idaman Pharma had also won an award for year 2007 under the category of Farshila receiving her award from YB Dato' Liow Tn Hj Sharudin Jaffar, Planting Director of Boustead Estates Agency Khushairi Hashim, General Manager of Mutiara Rini Sdn Bhd accepting 'Special Mentioned Award' due to its commitment towards its clients. Sdn Bhd accepting the award on behalf of Boustead Plantations the award on behalf of Boustead Properties

wo Boustead subsidiaries, namely Boustead Plantations Berhad and Boustead Properties Berhad were presented with the 'Malaysia1000 Boustead TMerdeka Award' at the launch of the third edition of Malaysia’s top BHPetrol reveals X-Factor Fuel corporate directory, Malaysia 1000 recently. Plantations & HPetrol recently revealed the identity of the fuel used in the X-Factor Fuel A total of 10 awards were presented to companies deemed to have served Challenge blind test to its participants at a ceremony held at the Sime the people and country well since pre-Merdeka days. The awards were Darby Convention Centre on 25 August 2008. The blind test held last June Boustead Properties presented by Minister of International Trade and Industry, YB Tan Sri B attracted 60 participants. win 'Malaysia1000 at the Hotel Istana in Kuala Lumpur on 6 August 2008. BHPetrol’s Managing Director, Mr Tan Kim Thiam said, “BHPetrol will continue Besides the Merdeka Award, Boustead Plantations also took home the to evolve and upgrade its products and services to meet the extra demands of Merdeka Award' 'Malaysia1000 Industry Excellence Award.' A total of 11 awards were today’s consumers who are demanding more innovative products that make life presented to companies that have excelled in their respective industries simpler for them. Today’s event marked another milestone for BHPetrol as the and shown outstanding overall performances. Tan and James Khoo, GM Retail seen here at the result of the blind test clearly demonstrates the company’s commitment to be launch pad to reveal the identity of the X-Factor fuel technically superior.” oustead is among the 'Top 50 Most Valuable Brands' in Malaysia, according to a report released by Brand Finance, an independent Developed using a high-performance 100% synthetic additive, the X-Factor fuel gives motorists the maximum in performance and brand and intangible asset valuation firm. At number 40, Boustead fuel economy. The additive is a highly effective, multipurpose additive incorporating Friction Modifier that is specially formulated to B significantly enhance engine performance, enable fuel combustion with no wastage, hence resulting in maximum fuel economy. Boustead is is worth RM255 million out of the total brand value of Malaysia’s top 50 most valuable brands which is RM64.8 billion.

among Malaysia's Malaysia’s 'Top 50 Most Valuable Brands' was compiled using publicly available information regarding market share, market growth and 'top 50 most company financials. Brand value was derived using a ‘relief from royalty rate’ method that values brands according to the cost of re-licensing them valuable brands' from a hypothetical third party. The rankings were compiled using data from Bloomberg, annual reports and press releases.

n the KPMG/The Edge Shareholder Value Awards 2007, Boustead Top & bottom: The BHPetrol's team at the brand reveal event A performance by students from Sedaya College Holdings Berhad emerged top three in the agriculture & fisheries Isector and took 67 placing overall, of the 'Top 100 Malaysian Boustead is Listed Companies' in terms of Shareholder Value Creation. The KPMG Shareholder Value Awards programme is conducted annually to determine the ability of public-listed companies in Malaysia to generate value for among Malaysia's their shareholders. 'top100 The award programme is derived using the economic value management methodology to compute Economic Profit (EP) eligible companies. The EP listed companies' value for eligible companies are then divided by its invested capital (IC). The EP/IC measures is used to rank the companies. The companies with the highest EP/IC within their respective industry categories are deemed sectoral winners and the overall winner award is the company with highest EP/IC amongst all the listed companies.  

UAC holds quality conference for staff BHPetrol opens new station total of 136 participants comprising The teams were also observed closely by management and executive staff the facilitators and members of our senior with a durian party A of UAC Berhad attended a biennial management team for their level and quality conference on quality in Penang on 17 of participation. A debriefing session was held n conjunction with the opening of BHPetrol’s service station in Taman Tun Koo Hock Fee, UAC's CEO/Managing Director welcoming the participants – 19 May 2008. The theme for this year’s at the end of each phase of the teambuilding Dr Ismail (TTDI), a durian party was held at the site from 10.30am – 1.30pm conference was ‘Realising Quality Work exercises during which participants were given Ion 24 August 2008, for the residents around the neighbourhood. It was Culture.’ the opportunities to share what they had an opportunity for the management staff to mingle with the residents and learned. All teams participated with great welcome them to patronise the station. Spread over three days, the participants enthusiasm and high level of team involvement spent the time together bonding through and exhibited the ability for planning and Tan Sri Lodin trying out teambuilding exercises and workshop executing the 5 ‘M’s’ of methodology, machine, the durian sample sessions on enhancing quality output. material required, money and manpower in "Yes, we are indeed serious about order to accomplish the mission. our company's business!" Participants were divided into 12 teams of 10 to 11 persons each and these The lessons learned at the teambuilding teams were put through teambuilding exercises were put to good use in the workshop exercises facilitated by external facilitators. sessions when the same teams gathered The teambuilding activities involved together to address operational issues with the all participants with the facilitators, view to finding solutions to these issues. All 12 exhorting and challenging them to finish teams presented their findings and solutions to Shoib, Tan Sri Lodin and BHPetrol's Station Manager, Ng Pak Thoung sharing a light moment the mission. the conference on the final morning before Among BHPetrol's staff at the durian party the conference came to an end. The public joining in the fun

"Like all true manufacturers, we know how to be innovative. Go, go, go!" The conference ended on a high note with the management giving an assurance that the suggestions presented by the various teams will be studied and suitable ones implemented as necessary. Farewell, Tuan Hj Hashim Manat Another highlight of the conference was the he Group Human Resource Department, In recognition of his contributions, Hj Hashim’s key portfolio was as a trainer Group presentation winners Left to right: Award winners, Eddie Choo announcement of the annual awards winners. Boustead Holdings Berhad recently Hj Hashim was also presented with and facilitator, in addition to other HR (Salesman of the Year 2007), Sulaiman Salikan organised a farewell luncheon for one retirement gifts from the Company. assignments and projects. As a trainer, (Team Player of the Year 2007), Koo and T Chan Hoong Oon (Champion Contributor 2007) of its managers, Tn Hj Hashim Manat who Hj Hashim had conducted and facilitated will be retiring in September 2008 after 13 Hj Hashim is certainly no stranger to numerous training programmes for the years of service with Boustead. The luncheon many Bousteadians. He started his career staff of Boustead, most notably the ‘7 was held at The Royale Bintang Kuala Lumpur with the Group when he joined the then Habits’ programme of which Hj Hashim on 28 August 2008. Boustead Trading (1985) Sdn Bhd in July is a certified facilitator. As admitted by Hj 1995 as the Branch Manager for the Hashim himself, it was his stint in training During the luncheon, the General Manager of Melaka Branch. He was later reassigned that gave him the invaluable opportunity Group Human Resource, Pn Nawal Hanafiah, to the Company’s Head Office in Kelana to meet and get to know many staff from represented the Company in thanking Hj Jaya in July 1996. within the Group, making him a familiar Hashim for his loyalty, support and dedication face amongst many Bousteadians. during his tenure with Boustead. Hj Hashim In May 2002, Hj Hashim was transferred to also did the honour of giving a heartfelt the Group Human Resource Department On behalf of all Bousteadians, Berita speech, thanking the Company and staff of Boustead Holdings Berhad where he Boustead would like to thank Hj Hashim Group photo of all participants for their support and sharing his memorable took up the position of Manager, HR for his contributions and wish him a long experience during his time with Boustead. Projects. and happy retirement! The Royale Bintang Damansara staff break fast with orphanages

bout 45 orphanages from Rumah Amal Limpahan Kasih in Puchong were invited for a ‘berbuka puasa’ gathering with staff from The Royale ABintang Damansara on 3 September 2008.

This is considered as a yearly activity for the hotel whereby every year, the hotel will organise a ‘buka puasa’ gathering for the less fortunate children as one of its community service activities. Its main objective is to remember the less fortunate children come this holy month of Ramadhan and to be part of a wonderful festive celebration with them.

The highlight of the event was a birthday celebration for the orphanages who celebrated their birthdays in the month of September. All of them then received The hotel's staff and the orphanages some ‘duit raya’ given by the hotel’s General Manager, Mr Julian Blaydes.

A token of appreciation for Hj Hashim for his contributions to Boustead A group photo after the luncheon 10 11

Group Finance Retreat in Bali 13 - 16 June 2008

Mount Batur view "The Footballers, the Country Mates, the Hawaiian Dancers and the..err.. Miss Boustead 2008?" Upon arrival at Ngurah Rai Airport

or this year’s annual retreat, Group Finance spent the 13th to the 16th of June in Bali. Our journey began with an AirAsia plane ride to Denpasar, the capital of Bali where we were greeted by our Fwarm and welcoming guide, Pak Red. After bringing us to lunch, he introduced us to the shopping haven in Kuta, where shops stretched on for miles. After shopping to our heart’s content, we were whisked away to dinner before checking into our hotel, The Aston Bali Resort & Spa to have a good night’s rest.

We began the next day with a cultural show, the ‘Barong & Kris’ dance, showcasing to us the rich Balinese Tanah Lot temple 1st day dinner culture. We then took a trip to Mount Kintamani to enjoy our lunch with a view overlooking the active "Look! Hidden talents revealed!" Batur volcano. After that, we visited a coffee farm where the ingredients were all organically grown and freshly made (not to mention, uniquely delicious!) We also had the chance to visit a handicraft centre displaying only the highest quality of woodwork and batik. We then had our dinner and after that, some of the more adventurous of us went for a traditional Balinese spa.

Our third day began with a trip to Waterbom, a theme park not unlike Sunway Lagoon. We had our teambuilding activities there and while in the beginning, some of us had some apprehensions about going into the water, by the end of it, everyone had a really good time. After drying ourselves off and having a delicious lunch at the Natrabu Minang restaurant (previously visited by our 4th and 5th Prime Ministers!), we headed to Tanah Lot, a seaside temple A surprise birthday cake for AhaiMr Daniel Cek Mek Molek! which had an amazing cliff side view and rows of shops. For our final night, we Chelsea Chelsea! On top of Mount Kintamani saved the best for last and had our Gala Dinner, the highlight of which was the Yeehaa! group performances, where everyone showcased their hidden talents.

With a heavy heart, we left our hotel for the final time on the fourth day but we were considerably cheered up by a last minute shopping session at Kuta town. Once we had our seaside seafood lunch at Jimbaran Bay, we caught a plane from the Ngurah Rai International Airport and safely arrived back home, tired, but with many, many sweet and unforgettable memories. "Oh yummy! My favourite Bali coffee" "Time for a good Bali coffee!"

"Wouldn’t want to misssetting the in opportunity Natrabu Minang of ‘bersanding’ Restaurant!" on a beautiful ‘pelamin’ "Front cover for Bali Travel Magazine? Naahh!" Splash! Endless long slides in Waterbom Bali Part of teambuilding activities 12 13 Nottingham goes racing

An intense moment during the treasure hunt Storming our brains with some serious thinking One for the album at Wat Pho

he team at the School of Mechanical Engineering Group Human Resource Department’s of The University of Nottingham Malaysia Campus T(UNMC), put their engineering skills and prowess to Escapade to Bangkok the test recently and competed in the Formula University 2008 hosted by Universiti Teknikal Malaysia (UTeM). Led by Dr Chan Kuan Yoong, the team took up the challenge n 4 July 2008, the staff of Group Human Resource Our visit to Bangkok was also an educational and informative of building a single seater race car and participating in Department (GHR) made its trip to Bangkok. It was one. We visited a leather factory producing and selling a the race. OGHR’s first teambuilding trip to an ASEAN country variety of leather accessories and Gems Gallery, an ISO- under the Employee Relations activities for the year 2008. certified gems factory and gallery. A visit to an established The event took place at the UTeM’s main campus on 9 outlet that markets pure honey products was also part of - 10 August 2008. A total of five teams registered for the Our short stay in Bangkok was packed with activities. Our our itinerary where we were briefed on the manufacturing competition - UNMC, Universiti Putra Malaysia, Politeknik main activity was a challenging treasure hunt at Chatuchak, and industry of pure honey products in Thailand as well as Shah Alam, Politeknik Kota Bharu and the host UTeM. Bangkok’s famous weekend market. the health benefits of honey. What made it more interesting was that the briefing was conducted by a local Thai in Bahasa The UNMC team finished at a respectable third spot. It is A visit to Bangkok is not complete without visits to historical Melayu, albeit with heavy foreign accent. a tremendous achievement considering it being UNMC’s and cultural spots. On our city tour of Bangkok, we passed maiden foray into Formula University. KUDOS to Dr many historical and cultural sites and visited Wat Pho, the Despite these demanding activities we nonetheless enjoyed Chan and his team! temple of the reclining Buddha where our experienced Thai some shopping at Bangkok’s top shopping spots such as tour guide gave us a comprehensive briefing on Thai history MBK Shopping Mall and Suan Lum Night Bazaar where we and culture. managed to get some souvenirs for our family and friends. An authentic Thai dinner, together with a showcase of Also, in GHR’s tradition of bonding and teambuilding, we for classical Thai Dance were an interesting blend of sight, sound took the opportunity to celebrate the birthdays of some of Wild-Wild West party and taste, further gave us the opportunity to experience and our staff in Bangkok, complete with a birthday cake and Royale Bintang staff immerse ourselves in the Thai culture. On one of the nights, birthday gifts. we also visited a Muslim community area in the heart of Bangkok where we had a sumptuous Thai dinner. Our experience in Bangkok was indeed a memorable one. t’s party time again at The Royale Bintang Kuala Lumpur! Staff As it drizzled on our way to the airport, our tour guide was from the management level to rank and file, took their time quick to mention that according to local beliefs, it meant that Ioff from their daily work to attend the Wild-Wild West Nite Thailand was weeping at our departure. We left Bangkok with annual staff party on 14 August 2008. a heavy heart but nevertheless gained tremendously from the experience of getting to know each member of GHR better, More than 400 staff from the Kuala Lumpur, Damansara and Hussan receiving his Employee of the bonding with each other and working and co-operating as a Year Award from Tan Sri Lodin Seremban hotels as well as The Royale Chulan Kuala Lumpur team. These are only some of the important outcomes from turned out in full force for the occasion. YBhg Tan Sri Dato’ GHR teambuilding escapade to Bangkok 2008. Lodin Wok Kamaruddin, Group Managing Director of Boustead Holdings Berhad and wife, Pn Sri Datin Norhayati Abdul Rahman were the guests of honour.

An award presentation and staff performance were among the highlights of the evening. This year, the Employee of the Year Award went to En Hussan Very cultural An architectural sight Othman from the Security Department.

Briefing session at the honey outlet The show stealer was a Listening attentively to our tour guide special presentation by Sazali Mohd Nasir receiving his Heads of Departments Long Service Award from Tan Sri Lodin who wowed the audience with their dazzling Moulin Rouge performance. Celebrating our birthdays A delightful reception at the Gems gallery

A lucky draw session

A Muslim community in Bangkok 14 15

Group Secretarial & Share Registration’s memorable teambuilding in Redang Island

roup Secretarial and Share was their first time exploring the underwater Registration Department, Boustead world. After a two-hour underwater activity, GHoldings Berhad successfully we returned to the resort for our next organised its first ever teambuilding activity. programme in Redang Island on 27 - 29 June 2008. The 3-Days 2-Nights trip After a short break, we were divided into left a great impact and unforgettable four groups and each group was instructed to experience for all 17 staff including Anggota rombongan bergambar kenangan beramai-ramai create a hat using leaves and flowers. There three staff from the Group Managing "We just love to be in the water!" was a lot of excitement because the group Director’s office. with the best creation would win. Kelab Sukan & Sosial Boustead Sissons Paints On the first day, we departed for Kuala melawat Kuala Terengganu Terengganu in the early morning by flight Right after dinner, we continued our activity at the beach where everyone in each group and arrived at the resort in the afternoon elab Sukan & Sosial Boustead by a boat from Shah Bandar jetty. After was blindfolded. Within a given time, we had Sissons Paints (KSSBSP) telah welcoming us with a refreshing drink, the to find ways to form a shape of a diamond memilih Kuala Terengganu resort management gave us a short briefing. using a string. This concluded the activity of K Delightful lunch had been prepared for us the day. sebagai destinasi untuk lawatannya afterwards. pada kali ini. Bersempena dengan The second day activity ‘Tahun Melawat Terengganu 2008,' We then went snorkelling at the Underwater started as early as 7.00am. pihak kelab telah mengambil Some of the team members Di hadapan Masjid Kristal Marine Park not far from our resort. It was a With the beauty of nature kesempatan ini untuk membawa great experience for some of the staff since it by the seaside, we had our ahli-ahlinya melawat tempat-tempat aerobic session just before menarik di sekitar Kuala Terengganu Ber'posing' di hadapan jeti Pasar Payar breakfast. It was very di samping mencuba makanan peaceful and enjoyable for tradisi masyarakat di sana. all of us. After breakfast, we prepared ourselves for Bertolak seawal jam satu pagi, perjalanan yang mengambil masa lebih kurang "Let's form a diamond shape" tujuh jam itu telah melalui beberapa perkampungan di Kuala Terengganu dengan pemandangan yang bagi kami cukup menyenangkan diselang-seli dengan masjid- masjid yang mempunyai keunikan rekaannya yang tersendiri. Kami juga tidak melepaskan peluang untuk singgah di Taman Tamadun Islam di mana terletaknya Masjid Kristal dan pelbagai replika masjid yang terdapat di Malaysia. Sempat bergambar sebelum bertolak

Setibanya kami di tempat penginapan iaitu di Terengganu Equestrian Resort (T.E.R), kami mencuri sedikit masa untuk beristirehat sebelum An aerobic session by the beach memulakan kembali aktiviti kami. T.E.R juga turut menyediakan kemudahan-kemudahan lain seperti menunggang kuda, gimnasium, kolam renang, pusat boling dan sebagainya. Snorkelling at the Underwater Marine Park another two sessions of snorkelling at different locations. We had the opportunity to appreciate the beauty of Pada keesokan harinya, kami membuat lawatan ke kilang membuat batik, nature and the colourful marine life. It enabled us to learn sutera dan pembuatan logam. Bagi pengunjung yang datang ke sini, tidak more about the treasure in the underworld. Absolutely sah sekiranya tidak mengunjungi ‘Noor Arfa Batik.' Pelbagai jenis rekaan amazing!! batik boleh didapati di sini dengan harga yang berpatutan, sesuai dijadikan Bersemangat dan ceria walaupun perjalanan On our last night at the island, we were served with a sebagai cenderahati kenang-kenangan. Malam itu kami habiskan dengan mengambil masa yang panjang delicious BBQ dinner. This was followed by our last game meronda Kuala Terengganu. Ternyata keindahannya berkekalan hingga ke for the night. The finale was the prize giving ceremony waktu malam. and a closing speech by the Group Company Secretary. We had our free and easy session until midnight. Walaupun penat, kegembiraan jelas terpancar di wajah masing-masing. The next day was our return journey, where we dropped Muatan bas yang ditambah dengan by Kuala Terengganu to purchase some souvenirs. We keropok lekor dan cenderahati reached Kuala Lumpur later that evening. menghangatkan lagi suasana perjalanan pulang kami pada The teambuilding had given us the opportunity to know keesokan harinya. Gambar yang more about ourselves as well as our colleagues. It had also enhanced teamwork, improved communication and diambil menjadi kenang-kenangan leadership skills among us. It was a memorable trip for the lawatan kami ke Kuala Terengganu Sedang menunjuk bakat mencanting A group photo department. yang tidak harus dilupakan. Bergambar di hadapan Noor Arfa Batik 16 17

183 AMPANG, the prestigious 43-unit condominium project in Jalan Ampang developed by the Group was recently completed and is now ready for lease. The condominium project is located directly Building Materials Promotion! behind the British High Commissioner’s office and adjoining the MiCasa Suites. ooking for quality building materials for your home? Then visit our showroom in The site belongs to Boustead Weld Court Sdn Bhd and used to house three bungalows which were home Mutiara Damansara now as we are currently having a promotion on these items. to amongst others, Mr Brian Columbus, former Group Finance Director of Boustead Holdings Berhad; Mr LHere you will find a wide range of decorative fibre cement board and planks, A.J.M. Blumer, former Divisional Director of Boustead Shipping Agencies Sdn Bhd and Managing Director of Container Agencies (M) paints of wide range of colours, fashionable tiles, innovative bathroom products and prominent designed carpets by major brand names as well as potted plants and garden Sdn Bhd and Mr R.M. Curie, former Managing Director of Boustead Shipping. landscape products. Hurry, our promotion ends 31 October 2008!

BEFORE

183 - Home to A.J.M. Blumer 183A - Home to R.M. Curie 183B - Home to Brian Columbus

Subsequently, the bungalows AFTER UAC Sissons Paints became the offices of Filmnet (M) Sdn Bhd.

Built-ups range from 1,981 sq ft (3 bedrooms + lanai + balcony) to 3,143 sq ft (4 bedrooms + maid’s room + powder room + courtyard + terrace). Boustead Building Materials Johan Ceramics The units will be tastefully furnished and rentals are in the region of RM15,000 to RM30,000 per month.

183 Ampang Condominium

Astana Persian Carpets GBH raise Tenants’ briefing to 1 September - security awareness level 31 October 2008 oustead Curve Sdn Bhd held a security briefing for all its Open daily from tenants at The Royale Bintang Damansara on 10 July 2008. 11.00am - 9.00pm B Level 1, Menara UAC, The aim of the briefing which was conducted by the Curve’s Head of Security, Cdr Khoo Kah Hooi was to raise the security awareness Mutiara Damansara (Ample car parking) level of the Curve’s tenants and their staff. The key message was Alam Saujana

Cdr Khoo welcoming tenants to the briefing

that crime prevention is a shared responsibility; Merdeka’s Eve Countdown hence by close collaboration, they can help prevent crime from occurring in the premises. with Ferhad

The police representatives headed by ASP Ranjit he Royale Bintang Damansara organised a Merdeka’s Eve Singh, Ketua Polis Balai Mutiara Damansara, Countdown Celebration from 9.00pm to 1.00am on 30 August were also present to share their valuable inputs T2008. The event was organised to commemorate the 51st with the Curve’s tenants. Merdeka Celebration. In-house band, Rock of Ages and also Filipino Band, Love Notes, performed that night. Their performance started from 9.30pm to 11.15pm followed by a special performance by local the Curve's Centre Manager, Adele Flores (5th from left), Cdr Khoo (7th from left) Ferhad entertaining the crowd artist, Ferhad who then did the countdown for the night. The highlight and the Balai Mutiara Damansara police of the event was a 7-minute fireworks display. representatives 18 19 the Curve organises first ever sports event Jokes of the day he Curve organised its first ever sports event this year, dubbed as Big sale you could come and go as you please The woman continued, tthe Curve Games Challenge 2008. around here?” “And look at this - It was the day of the big sale. Rumours Staff competed in four games namely here’s another miracle. of the sale (and some advertising in the badminton, ping pong, volleyball and My car is completely local paper) were the main reason for Sharon simply smiled, lit up a cigarette, bowling. demolished but this the long line that formed by 8.30am, and while exhaling said, “My lawyer.” bottle of wine didn’t the store’s opening time, in front of the Badminton and ping pong matches break. Surely God store. were played in Dewan Sri Temuan, Tip or not wants us to drink this Bukit Lanjan, Damansara Perdana A blackjack dealer and a player with a wine and celebrate Badminton, ping pong and A small man pushed whilst volleyball matches were played thirteen count in his hand were arguing our good fortune.” bowling matches taking place his way to the front at the Boustead Sports Complex. The about whether or not it was appropriate Then she handed the bowling tournament was held at the Pin Junction, Cineleisure Damansara. of the line, only to to tip the dealer. be pushed back, amid bottle to the man. The man shook his head in agreement, The objective of the Games was mainly to encourage interaction and foster understanding loud and colourful curses. On the man’s opened it and took a few big swigs from and cooperation amongst all levels of staff. Additionally, it was to promote a healthy the bottle, then handed it back to the lifestyle as well as general health and well-being to all employees of the Curve. second attempt, he was punched square woman. The woman took the bottle, in the jaw, and immediately put the cap back on, and knocked around a bit, handed it back to the man. and then thrown to “Aren’t you having the Curve plays host the end of the line The man asked, any?” again. As he got up the second time, he said to the person at the end of the to CIMB Squash Championships The woman replied, “No. I think I will line... just wait for the police...” he Curve played host for the second time to the CIMB Malaysian Open Squash Championships 2008. The public were able to witness the World “That does it! If they hit me one more tNo.1 squash player, Dato' Nicol Ann David, as well as the other world time, I won’t open the store!” Be quiet class international players. The event was televised live via Astro Super Sport The player said, “When I get bad cards, A police officer in a small town stopped and there was a good turnout during the finals when Nicol emerged as the Shave and a haircut it’s not the dealer’s fault. Accordingly, a motorist who was speeding down champion in the ladies category and Ong Beng Hee grabbed the title in the when I get good cards, the dealer A man decided he needed a shave Main Street. men’s category. obviously had nothing to do with it so, and a haircut. The barber completed why should I tip him?” “But officer,” I can the haircut and proceeded to give the the man began, “ explain...” Squash games in session man his shave. As the shave progressed The dealer said, “When you eat out do he kept on nicking you tip the waiter?” “Just be quiet,” the man’s face, so snapped the officer. “I’m going to let you cool your heels in 2nd spot for much so he had “Yes.” jail until the chief gets back.” paper stuck all over BHPetrol's his face. “Well then, he serves you food, I’m “But, officer, I just wanted to say...,” serving you cards so you should tip bowling team When the barber me.” “And I said to keep quiet! You’re going completed the to jail!” HPetrol would like to congratulate its bowling team job, the barber “Okay, but, the waiter gives me what I for securing second place and putting BHPetrol said,"That will be ask for. I’ll take an eight.” A few hours among Boustead Group’s top three team in the LTAT $5.00 please." B later the officer Bowling Tournament held at the Pin Junction, Cineleisure looked in on Damansara on 24 August 2008. The man handed him a $10.00 bill, Car accident and said keep the change, at which the A woman and a man got into a car his prisoner and “Lucky Congratulations! barber responded: “Why such a large accident, and it’s a bad one. Both cars said, for you that tip?” were totally demolished, but amazingly the chief’s at neither of them were hurt. After they his daughter’s The man said you deserve it, this is the crawled out of their cars, the woman said, wedding. He’ll first time I have had a barber, a butcher, “So you’re a man. That’s interesting. I’m BHPetrol's be in a good and a paperhanger work on me. a woman... Wow! Just look at our cars. mood when he bowling team There’s nothing left, but fortunately we gets back.” Late for work are unhurt. This must be a sign from secures 3rd place The secretary came in late for work God that we should meet and be friends “Don’t count on the third day in a row. The boss called and live together in peace the rest of it,” answered our days.” nce again, BHPetrol would like to congratulate its bowling her into his office and said, “Now look the fellow in the team in securing third place at the ‘Pertandingan Bowling Sharon, I know we had a wild fling cell. “I’m the The man replied, ”I agree with you Persahabatan PDRM (PERKEP Jabatan Pengurusan Bukit for a while, but that’s over. I expect groom.” O you to conduct yourself like any other completely; this must be a sign from Aman).' 30 teams from PDRM and private sectors participated in the God!” event held at the Sunway Pyramid on 12 July 2008. Staff Cheim Mohd employee around here. Who told you, Extracted from the Internet Left to right: Abdul Raji Hasan, Mohd Faizal Che Ismail and Cheim Mohd came out fourth place for individual placing. 20

Tan Sri Lodin giving his speech

“It’s time to release the balloons!”

oustead Curve Sdn Bhd organised its Annual Dinner for the first time in four Byears since its establishment. Themed Black & Gold, the event was held at the Mutiara Damansara’s Sales Office on 25 July 2008.

Guest of honour, YBhg Tan Sri Dato’ Lodin Wok Kamaruddin, Group Managing Director of Boustead Holdings Berhad launched the event “Yummy! yummy!” with a balloon release.

Several activities were organised throughout the night such as a presentation of Awards of Commendation to four security guards of the Curve and prize giving to winners of the

Boustead Sports Club’s Futsal Games and the A fun karaoke session Curve Games Challenge 2008.

Guests were entertained by various karaoke performances by staff members and participated in party games which had everyone in fits of laughter. All in all it was an eventful night and everyone went home happy.

“Quick chef, we’re hungry!”

the Curve cuties

Shaving activity

Prize giving time

Among those seen at the dinner Published by: Boustead Holdings Berhad (3871-H) Printed by: Pencetakan Fatt Weng Sdn Bhd (19847-W)