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Newsletter-April 2017 5 FREEHOLD APRIL 2017 EKOVEST PP18916/11/2015(034379) TOP ASIA AWARD FOR SUKUK ISSUANCE SOME THINGS ARE DUKE 3 Worth Treasuring PRIME MINISTER'S VISIT In Life TO RIVER OF LIFE SITE River Beautification In Precinct 7 EkoCheras Mall EKOCHERAS EQUATES EARTH-CONSCIOUSNESS SUSTAINABILITY EkoCheras BEST MIXED DEVELOPMENT EkoRiver Centre (KL River City) REDEFINED by Ekovest Berhad LAVISH YOURSELF IN THE HEART OF THE CITY LIKE NEVER BEFORE Embrace uber modern contemporary living. Inside and outside. From lavish living space full of natural light to leisurely outdoors filled with breezy style and comfort. EkoTitiwangsa is a living icon connected to a 7-storey shopping mall (approx. 600,000sf) with a breathtaking view of the stunning KL skyline. Not Least, EkoTitiwangsa is located along Titiwangsa, right next to the DUKE Highway and KL River City. Offering exceptional accessibility, these 3 blocks of freehold service apartments are the answer to urbane living in luxury suites ranging from 820sf to 1340sf, as well as immense safety via 24-hour CCTV surveillance with 3-tier security complete with smart card access and guard patrol. EKOVEST BERHAD DEVELOPER HEAD OFFICE EKOVEST BERHAD SALES GALLERY Ground Floor, Wisma Ekovest, No. 118, No 122, Jalan Desa Gombak 1, Ekovest Land Sdn Bhd (549480-K) Jalan Gombak, 53000 Kuala Lumpur. 53000 Kuala Lumpur. +603 4032 1881 (A wholly owned subsidiary of Ekovest Berhad) T : +603-4021 5948 F : +603-4032 1771 GPS Co.: N 3°11'38.6" E 101°42'18.5" www.ekotitiwangsa.com E : [email protected] fb.com/Ekovest Berhad Developer's License No : 13673-1/09-2016/0899 (L) • Advertising & Sales Permit No : 13673-1/09-2016/0899 (P) • Validity Period : 06/09/2016 - 05/09/2017 • Total Units : Block A-246 (Service Apartment) ; Block B-180 (Service Apartment) ; Block C-270 (Service Apartment) • Approving Authority : Dewan Bandaraya Kuala Lumpur • Building Plan Reference No : BP U2 OSC 20132882 • Land Tenure : Freehold • Expected Date of Completion : July 2018 • Selling Price : RM591,986 (min) - RM1,725,630 (max) • Land Encumbrances : Public Bank • Bumiputra Discount : 5% • All information contained herein is subject to change without notification as may be required by the relevant authorities or developer's architect and cannot form part of an offer or contract. All illustrations and pictures are artist's impressions only. All measurements are approximate. Whilst every care has been taken in providing this information, the owner, developer and managers cannot be held liable for any inaccuracy. All above items are subject to variations, modifications and substitutions as may be required by the relevant Authorities or recommended by the Architects or Engineers. Life offers uncountable opportunities, every day, every minute, every moment. To grasp these opportunities, one has to be prepared to grabbed them the moment they emerge, and there's no telling when it would Content happen. EKOVESTaccess DUKE 1 . DUKE 2 . DUKE 3 EKOVEST 03 the name synonymous with building construction and civil engineering excellence was formed by a group THERE'S of highly enterprising, self-motivated individuals and EKOVESTfuture highly qualified experienced professionals. POTENTIAL IN 09 KL River City . River of Life Ekovest, Putting its citizens first. EVERY MOMENT Ekovest Berhad was established since 1985 and listed in Bursa Malaysia since 1993. Ekovest is one EKOVESTproperty of the world-class leading construction company in Malaysia involved in all aspects of construction EkoCheras . Oasis Kajang . That is what makes our lives so rich - from our work including major civil engineering and building 21 EkoTitiwangsa cherished relationships with the people who are close works such as turnkey-design, build projects and project management. We strive to provide optimum to us to the very home or career that we treasure so value in functionality, and innovative thoughts to much. Being able to strike while the iron is hot, when fulfil our client’s satisfaction. the opportunity is just right is what brings about our success. Success in love, success in companionship, EKOVESTnews In year 2004, Ekovest had signed a concession success in ownership, success in life. We, at Ekovest, EKOVEST Media agreement to undertake the Build, Operate & wish to share with you the ideas, the news, the latest 29 Transfer (BOT) contract with the government for happenings yet again in this Quarterly Issue so that if Duta-Ulu Kelang Expressway (DUKE), spanning across 18km from northern-east to northern-west there were any opportunities to be caught, you'd be of Kuala Lumpur city. DUKE was completed and the first to do so. commenced operations on the 9th of January EKOVEST & CSR events 2009. Later on in 2013, Ekovest undertook the expansion of DUKE highway by signing on a EGAP townhall session supplement concession agreement on 2013 and iil 31 Ekovest Berhad Chinese New Year Open House 2017 construction works is in progress. T Driving ITS to a new normal Women’s cycling convoy 2017 We are a visionary and innovative company that provides only high quality services and thoughtful design. This is what makes us better and worthy for your investment. EKOVEST Sustainability EKOVESTaccess THE PROPOSED DISPOSAL REPRESENTS AN OPPORTUNITY FOR EKOVEST AND EPF TO The DUKE Phase 2 comprising of two links, namely the ESTABLISH A LONG-TERM RELATIONSHIP Sri Damansara Link and the Tun Razak Link and is WITH EACH OTHER THROUGH THEIR JOINT expected to be completed by mid 2017 and the toll INVESTMENT IN A MATURE concession runs until 2059, subject to another YIELD-GENERATING INFRASTRUCTURE extension by 10 years. The Sri Damansara Link PROJECT. WE LOOK FORWARD TO THE connects MRR2 and DUKE and helps to disperse traffic PROSPECT OF LEVERAGING ON THE to and from MRR2 to city centre. The Tun Razak Link will act as an additional dispersal link between DUKE ESTABLISHMENT OF THIS RELATIONSHIP AS and MRR1 thus providing an additional dispersal option A PLATFORM TO PURSUE COLLABORATIONS for the congested Jalan Tun Razak. ON OTHER POTENTIAL INVESTMENTS IN THE FUTURE. Speaking after the signing ceremony between Kesturi He added. and EPF held at the Sheraton Imperial Hotel, Kuala Lumpur on the 8 November 2016, Ekovest Berhad Executive Chairman Tan Sri Dato’ Lim Kang Hoo said, “The Proposed Disposal is in line with the Company’s strategy to monetise its matured infrastructure assets to EPF INVESTS IN DUKE free up its financial resources for the expansion of its infrastructure division and other core businesses, such THE EMPLOYEES PROVIDENT FUND (EPF) BOARD as construction and property development. It represents BOUGHT A 40% STAKE IN KONSORTIUM LEBUHRAYA an opportunity for the Company to partially monetise its UTARA-TIMUR (KL) SDN BHD (KESTURI), FOR investment in Kesturi at an attractive price, while DUKE RM1.13BIL CASH. KESTURI, WHICH IS THE allowing Ekovest to continue participating in Kesturi and CONCESSION HOLDER OF THE DUTA-ULU KELANG operate the highway via its remaining 60% equity stake. HIGHWAY EXPRESSWAY (“DUKE”), A 34-KILOMETRE HIGHWAY It is estimated to result in a balance sheet gain on COMPRISING TWO PHASES. disposal of RM764 million which will further strengthen Ekovest’s shareholders funds. Managing director Datuk Seri Lim Keng Cheng said the Duke phase 1 is already in operation while phase 2 is KESTURI had carried out a detailed study on the group was upbeat on its partnership with EPF.“EPF sees expecting to complete construction and commence toll alignment spanning three years including an us as a connector because of the Duta-Ulu Kelang collection by the first half of 2017. Upon completion of the Environmental Impact Assessment and Public Opinion Expressway (Duke) project, which will link roads and construction for duke phase 2, the traffic volume for duke Survey. Both these studies and reports were approved highways in the Kuala Lumpur city. We want to be is expected to double. before the Concession Agreement was signed with the market leaders. With Duke, we are the highway Malaysian Government on 12th August 2004. connectors and the missing link. With capital coming in, I The 18km DUKE highway started operations in April will propose more highways but I won’t overstress my 2009. Formerly known as the Kuala Lumpur North East The Expressway was officially launched by the Works company financially. Because our infrastructure division Expressway (KLNEE), the expressway was a prominent Minister, Yang Berhormat Dato Mohd Zin Mohamed, on 9 grew so big, we decided that we should divest the 40 per element in the Kuala Lumpur Road Master Plan as January 2009.. Designed to cater for 120,000 vehicles cent to EPF. The relationship with EPF is very good as highlighted in the Japan International Corporation per day, the Expressway will offer an attracitve they trust us,” said Lim. He further acknowledged that Agency (JICA) Transport Study which was carried out for alternative route for residents in the Klang Valley, Ekovest was set to remain a strong player in the the Dewan Bandaraya Kuala Lumpur (DBKL) in 1985. especially for those travelling from east to west and vice construction sector, backed by a solid track record and Earmarked by DBKL as one of the key links to complete versa and for those heading towards the city centre. confidence brought on by investments from EPF. the Kuala Lumpur Master Traffic Dispersal Plan, 03 04 EKOVEST Sustainability EKOVESTaccess SRI DAMANSARA LINK TUN RAZAK LINK Commences at the Menjalara Commences at Jalan Tun Razak near KL DESCRIPTION Interchange at Bandar Hospital/IJN and traverses northwards Menjalara on the west and along Jalan Pahang and Jalan 9/48A to traversing eastward to the connect to the existing Jalan Gombak Segambut Interchange at after crossing existing DUKE at Sentul DUKE Jalan Segambut. Pasar Interchange. HIGHWAY LENGTH 7 km 9 km CARRIAGEWAY Dual-three carriageway (6 lanes) DUKE Phase 2 is the answer to enhanced accessibility in the North-western catchments 2 INTERCHANGES Two interchanges and a pair of One trumpet interchange and of Rawang, Sungai Buloh and beyond.
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