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Malaysia Berhad (Plus)
SUSTAINABILITY REPORT 2020 BREAKING THROUGH DISRUPTION TABLE OF CONTENTS ABOUT THIS REPORT 1 FROM OUR LEADERS 2 WE ARE PLUS 14 RISING TOGETHER - BRAVING THE 36 COVID-19 FIGHT OUR SUSTAINABILITY JOURNEY 48 OUR ENVIRONMENTAL STEWARDSHIP 60 OUR COMMITMENT TO SOCIETY 78 OUR STRENGTH OF OUR GOVERNANCE 116 OUR JOURNEY OF ACHIEVEMENTS 136 GRI CONTENT INDEX 147 MOVING FORWARD 149 COVER RATIONALE The cover for our inaugural voluntary Sustainability Report, themed ‘Breaking Through Disruption’, reflects our success in connecting people and communities, as well as providing a safe and comfortable journey to our customers despite the challenges faced in 2020. Furthermore, it underscores the vital role we play in Nation-building as we strive to deliver sustainable value not only for our business, but also for society and the environment as a whole. Set against the backdrop of over 1,130km of highways we manage in Peninsular Malaysia, the cover of this Sustainability Report visualises our purpose of Taking Good Care of You, Every Step of the Way. ABOUT THIS REPORT This is PLUS Malaysia Berhad’s (PLUS) inaugural Sustainability Report following the formalisation of our sustainability agenda and aspirations in 2020. In this Report, we disclose our approach to sustainability, the governance functions we have put in place, the matters identified as material to our business and our stakeholders, as well as the efforts we have taken to address those matters. This Report provides our stakeholders with a balanced and fair view on the value we created across the Environmental, Social and Governance (ESG) spectrum. It also steers us towards ingraining best practices in all aspects of our business to ensure its sustainability, as well as that of our stakeholders and the environment, as we aspire to lead by example as the Nation’s leading highway operator and a Government-Linked Company (GLC). -
TA Securities COMPANY UPDATE Tues Day , 14 February , 201 7 a Member of the TA Group FBMKLCI : 1, 710 .24
TA Securities COMPANY UPDATE Tues day , 14 February , 201 7 A Member of the TA Group FBMKLCI : 1, 710 .24 MENARA TA ONE, 22 JALAN P. RAM LEE, 50250 KUALA LUMPUR, MALAYSIA TEL: +603 -20721277 / FAX: +603 -20325048 Sector: Construction Ekovest Berhad TP: RM 3.43 (+20.4%) A Cash Cow in the Making Last traded: RM2.85 THIS REPORT IS STRICTLY FOR INTERNAL CIRCULATION ONLY* Not Rated Ooi Beng Hooi +603-2167-9612 [email protected] www.taonline.com.my Despite a sharp rally in sha re price of 166. 4% since early -2015, we still Share Information think the stock is undervalued and see long term value in this rising star. Bloomberg Code EKO MK We like the company for its i) sizeable outstanding construction order book; Stock Code 8877 Listing Main Market ii) likelihood of sustaining its construction order book for another 5 to 10 Share Cap (mn) 855.5 years; iii) potential unlocking of asset value through IPO for its Market Cap (RMmn) 2438.0 expressways; iv) potential REITing of its shopping malls in long term; and Par Value 0.50 v) potential transformation into a prominent cash cow in long run. We 52-wk Hi/Lo (RM) 1.01/2.88 arrive at a fair value of RM3.43/share. NOT RATED 12-mth Avg Daily Vol ('000 shrs) 1,603.7 Estimated Free Float (%) 40.8 Listed on the Second Board of Bursa Malaysia in 1993 and promoted to the Beta 0.36 Major Shareholders (%) Main Board in 2000, Ekovest Berhad is involved in construction, property Lim Kang Hoo - 20.19 development and highway toll operation. -
M.V. Solita's Passage Notes
M.V. SOLITA’S PASSAGE NOTES SABAH BORNEO, MALAYSIA Updated August 2014 1 CONTENTS General comments Visas 4 Access to overseas funds 4 Phone and Internet 4 Weather 5 Navigation 5 Geographical Observations 6 Flags 10 Town information Kota Kinabalu 11 Sandakan 22 Tawau 25 Kudat 27 Labuan 31 Sabah Rivers Kinabatangan 34 Klias 37 Tadian 39 Pura Pura 40 Maraup 41 Anchorages 42 2 Sabah is one of the 13 Malaysian states and with Sarawak, lies on the northern side of the island of Borneo, between the Sulu and South China Seas. Sabah and Sarawak cover the northern coast of the island. The lower two‐thirds of Borneo is Kalimantan, which belongs to Indonesia. The area has a fascinating history, and probably because it is on one of the main trade routes through South East Asia, Borneo has had many masters. Sabah and Sarawak were incorporated into the Federation of Malaysia in 1963 and Malaysia is now regarded a safe and orderly Islamic country. Sabah has a diverse ethnic population of just over 3 million people with 32 recognised ethnic groups. The largest of these is the Malays (these include the many different cultural groups that originally existed in their own homeland within Sabah), Chinese and “non‐official immigrants” (mainly Filipino and Indonesian). In recent centuries piracy was common here, but it is now generally considered relatively safe for cruising. However, the nearby islands of Southern Philippines have had some problems with militant fundamentalist Muslim groups – there have been riots and violence on Mindanao and the Tawi Tawi Islands and isolated episodes of kidnapping of people from Sabah in the past 10 years or so. -
Property Market 2013
Property Market 2013 www.wtw.com.my C H Williams Talhar and Wong 30.01, 30th Floor, Menara Multi-Purpose@CapSquare, 8 Jalan Munshi Abdullah, 51000 Kuala Lumpur Tel: 03-2616 8888 Fax: 03-2616 8899 KDN No. PP013/07/2012 (030726) Property Market 2013 www.wtw.com.my C H Williams Talhar and Wong 30.01, 30th Floor, Menara Multi-Purpose@CapSquare, 8 Jalan Munshi Abdullah, 51000 Kuala Lumpur Tel: 03-2616 8888 Fax: 03-2616 8899 KDN No. PP013/07/2012 (030726) CH Williams Talhar & Wong established in 1960, is a leading real estate services company in Malaysia & Brunei (headquartered in Kuala Lumpur) operating with 25 branches and associated offices. HISTORY Colin Harold Williams established C H Williams & Co, Chartered Surveyor, Valuer and Estate Agent in 1960 in Kuala Lumpur. In 1974, the company merged with Talhar & Co, a Johor-base Chartered Surveying and Valuation company under the sole-proprietorship of Mohd Talhar Abdul Rahman. With the inclusion of Wong Choon Kee, in a 3-way equal partnership arrangement, C H Williams Talhar and Wong was founded. PRESENT MANAGEMENT The Group is headed by Chairman, Mohd Talhar Abdul Rahman who guides the group on policy de- velopments and identifies key marketing strategies which have been instrumental in maintaining the strong competitive edge of WTW. The current Managing Directors of the WTW Group operations are: C H Williams Talhar & Wong Sdn Bhd Foo Gee Jen C H Williams Talhar & Wong (Sabah) Sdn Bhd Robin Chung York Bin C H Williams Talhar Wong & Yeo Sdn Bhd (operating in Sarawak) Robert Ting Kang Sung -
Taman Sri Segambut to See Its ˎrst High-Rise Residences
EP 2 FRIDAY OCTOBER 6, 2017 • THEEDGE FINANCIAL DAILY NEWS HIGHLIGHTS from www.EdgeProp.my Tropicana TRX Residences eyes 1Q18 launch founder’s son Dion Tan is new MD; CEO TRX Residences, the residential com- es will comprise about 900 units, Yau retires ponent of the 17-acre TRX Lifestyle but not all of these units will be Tropicana Corp Bhd has redesignat- Quarter, is aiming to launch its fi rst launched simultaneously, said ed its executive director, 27-year-old homes sometime in the fi rst quarter Lendlease Malaysia residential di- Dion Tan, the son of founder and of next year. rector Eric Chan. largest shareholder Tan Sri Danny The TRX Lifestyle Quarter is part The unit sizes, which may range Tan Chee Sing who has a 30.45% of the 70-acre Tun Razak Exchange from 1-bedroom units of 500 sq ft to stake in the company, as managing (TRX) development which is set to be- 4-bedroom units of 2,000 sq ft, will director eff ective Oct 2. come a world-class fi nancial district be designed to cater for a broader Dion’s eldest brother, Datuk Dick- in Kuala Lumpur. It will encompass swathe of Malaysian property buy- son Tan Yong Long, is Tropicana’s investment Grade A offi ce space un- ers, said Lendlease Malaysia man- deputy group CEO, while another derpinned by world-class residential, aging director Stuart Mendel. brother, Dillon Tan Yong Chin, is an hospitality, retail, leisure and cultur- TRX Residences will comprise six executive director. al off erings. towers of 40 to 57 storeys each that Meanwhile, Tropicana said CEO The fi rst phase of TRX Residenc- will off er a total of 2,400 homes. -
Greater Kuala Lumpur: Bridge Between Asia and the World Why Greater Kuala Lumpur Is the Ideal Business Hub for Regional and Global Companies
www.pwc.com/my Greater Kuala Lumpur: Bridge between Asia and the world Why Greater Kuala Lumpur is the ideal business hub for regional and global companies July 2017 This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, PwC, its members, employees and agents do not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it. ©2017 PwC. All rights reserved. “PricewaterhouseCoopers” and/or “PwC” refers to the individual members of the PricewaterhouseCoopers organisation in Malaysia, each of which is a separate and independent legal entity. Please see www.pwc. com/structure for further details. 2 Greater Kuala Lumpur: Bridge between Asia and the world Foreword Asia remains the world’s growth driver, and Greater Kuala Lumpur is at the heart of it In PwC’s World in 2050 report, released earlier this year, Foreign investors are particularly interested in using we continue to foresee the shift in global economic power Malaysia and Greater KL as their regional operational away from established advanced economies towards hub to tap into the growing opportunities in emerging emerging economies in Asia. -
Malaysia Real Estate Highlights
RESEARCH REAL ESTATE HIGHLIGHTS 1ST HALF 2016 KUALA LUMPUR PENANG JOHOR BAHRU KOTA KINABALU HIGHLIGHTS KUALA LUMPUR HIGH END CONDOMINIUM MARKET The residential market continues to remain lacklustre with lower volume and value of transactions recorded. ECONOMIC AND MARKET INDICATORS Limited project completions and new Malaysia’s economy expanded at a launches of high end condominiums / slower pace in 2015 with Gross Domestic residences during the review period. Product (GDP) growing at an annual rate of 5.0% (2014: 6.0%). For 2016, the Government has trimmed the country’s Growing pressure on rentals amid GDP growth forecast to 4 - 4.5% due to strong supply pipeline (existing and the volatility in crude oil prices and other new completions) and a challenging economic challenges. GDP continued rental market while prices in to moderate in the first quarter of 2016, the secondary market generally posting 4.2% growth, its slowest since continue to remain resilient. 3Q2009 (4Q2015: 4.5%), driven by domestic demand. Private consumption expanded by 5.3% while private Developers adopt innovative ‘push investment moderated to 2.2%. marketing’ strategies to boost Headline inflation for April 2016 registered at sales of selected projects and 2.1%. It is expected to be lower at 2% to 3% improve revenue. this year, compared to an earlier projection Aria of 2.5% to 3.5% and will continue to remain stable in 2017. (432 units) and The Residences at The Meanwhile, labour market conditions St. Regis Kuala Lumpur (160 units). continued to weaken with more retrenchment of workers, particularly in By the second half of 2016, the scheduled the manufacturing, mining and services completions of another five projects will sectors. -
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 -
Annual Report 2017 Group Highlights 2017
ANNUAL REPORT 2017 GROUP HIGHLIGHTS 2017 1. SALES 4. SHAREHOLDERS FUND 7. PROFIT ATTRIBUTABLE TO RM4.92 billion RM11.94 BILLION OWNERS OF THE COMPANY RM933 million 2. REVENUE 5. EARNINGS PER SHARE 8. ENLARGED LAND BANKS RM4.52 billion 26.77 Sen 9,606 acres 3. PROFIT BEFORE TAX 6. DIVIDEND PER SHARE 9. STRONG GDV IN THE PIPELINE RM1.27 billion 15.5 sen RM128.37 billion 10. ON-GOING PROJECTS 44 projects TOTAL SALES 11. UNBILLED SALES ACHIEVED RM7.72 billion FOR FY2017 IS 12. TOTAL STRONG DYNAMIC & DIVERSIFIED EMPLOYEES RM4.92 BILLION 2,300 people COVER RATIONALE At S P Setia, the sky is not the limit. In fact, we believe that the future is limitless. Opened to the possibilities of tomorrow, we embarked on a journey of strengthening growth, anchored by the dynamic and highly-talented Team Setia and our wide range of products. Guided by our ethos, we worked together, embraced change and demonstrated our resilience in the face of challenges while at the same time, boosting our capabilities today to fortify tomorrow’s opportunities. We will continue to reinforce our strong foundations, define our path forward to build a meaningful, sustainable future, for us and for our stakeholders. CONTENT OUR BUSINESS OUR LEADERSHIP AND PEOPLE Vision, Mission & Values 3 Board of Directors 36 Corporate Profile 4 Directors’ Profiles 38 Global Presence 6 Senior Management Team Profiles 48 Corporate Structure 8 Corporate Information 11 OUR ACHIEVEMENTS AND ACCOLADES Achievements 54 OUR PERFORMANCE REVIEW Accolades 60 Chairman’s Message 12 Management Discussion -
Malaysia Real Estate Highlights
RESEARCH REAL ESTATE HIGHLIGHTS 1ST HALF 2015 KUALA LUMPUR PENANG JOHOR BAHRU KOTA KINABALU KUALA LUMPUR HIGH END CONDOMINIUM MARKET (MPC) meeting in May in an effort to support economic growth and domestic HIGHLIGHTS consumption. • Softening demand in the SUPPLY & DEMAND high-end condominium With the completion of seven notable segment amid a cautious projects contributing an additional market. 1,296 units [includes projects that are physically completed but pending Madge Mansions issuance of Certificate of Completion • Lower volume of transactions and Compliance (CCC)], the cumulative expected to come on-stream. The KL in 1Q2015. supply of high end condominiums in City locality will account for circa 35% Kuala Lumpur stands at 39,610 units. (1,310 units) of the new supply; followed • Developers with niche high by Mont’ Kiara / Sri Hartamas with Approximately 45% (582 units) of the new 34% (1,256 units); KL Sentral / Pantai / end residential projects in KL completions are located in the Ampang Damansara Heights with 20% (734 units); City review products, pricing Hilir / U-Thant area, followed by some and the remaining 11% (425 units) from and marketing strategies in 26% (335 units) in the locality of KL City; the locality of Ampang Hilir / U-Thant. a challenging market with 16% (204 units) from the locality of KL lacklustre demand, impacted Sentral / Pantai / Damansara Heights Notable projects slated for completion by a general slowdown in the area; and 14% (175 units) from the Mont’ in KL City include Face Platinum Suites, economy, tight lending Kiara / Sri Hartamas locality. Le Nouvel, Mirage Residences as well as guidelines, weaker job market the delayed project of Crest Jalan Sultan The three completions in Ampang Hilir amongst other reasons. -
Malaysia Property Market Trend Analysis (Commercial)
Property Market Trend Analysis Commercial Savills Malaysia May 2019 GREATER KL Retail Market Overview Retail Supply in Greater KL . Well-supplied market, Cumulative Retail Supply in Greater KL with 64 mil sq ft of KL City KL Suburbs Outer KL Greater KL shopping mall & Future Supply: hypermarket in the +21 mil sf region. 90.00 85 . Basically, both the office 84 78 and retail markets are 80.00 bracing for an additional 69 70.00 20 million sft of supply 64 62 by 2022 (each), but for 61 60.00 57 retail, the current supply 54 base is half that of office; 48 49 50.00 46 hence, the % growth will 42 be twice as high. 39 40 40.00 38 . Of the total retail supply in Greater KL: - Retail Sapce (mil sf) 30.00 Selangor: 57% 20.00 KL Suburb: 25% KL City: 18% 10.00 0.00 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019e 2020e 2021e 2022e Source: Savills Research 3 Future Retail Supply in Greater KL Future Supply in the Greater KL . Strong competition in the coming years with at Selangor KL Suburbs KL City least 20 mil sq ft retail . Empire City Mall space in the pipeline. 10.00 . Pavilion Bukit Jalil . KSL City Mall 9.00 . The Exchange Mall 8.00 . Mitsui Shopping Park Lalaport . Pavilion Damansara Heights 7.00 . IOI City Mall 2 6.00 6.20 5.00 Tropicana Gardens Mall 1.10 4.00 . Mall @ 1.94 Redevelopment of Plaza Rakyat Retail Space(million ft) sq 3.00 3.08 2.00 1.80 2.63 1.00 0.32 1.02 1.25 0.50 0.00 2019e 2020e 2021e 2022e Source: Savills Research 4 Average Retail Occupancy Rate Retail Occupancy Rate of Greater KL . -
DELIVERING OUR STRATEGY Axiata Group Berhad Integrated Annual Report 2020 60 2020 Overview of Digital Telcos’ Performance
Axiata Group Berhad Integrated Annual Report 2020 59 Shraddha Bhattarai Specialist, Legal & Corporate Services Department Ncell Axiata Terrace gardening to grow my family’s supply of vegetables. #ItBeginsWithMe DELIVERING OUR STRATEGY 2020 Overview Of Digital Telcos’ Performance Telcos’ OfDigital Overview 2020 Notes: Reporting By Geographical Location Geographical By Reporting Bangladesh Bangladesh Malaysia 52.7 6.6 4 3 2 1 2019 financial numbers are post International Financial Reporting Standards (IFRS) 16 (except for Indonesia, which is only from 2020) from whichisonly Indonesia, for (except 16 (IFRS) Standards Reporting Financial International post are numbers financial 2019 2016 2016 Smart’s Revenue are pre IFRS 15 for the years prior to and up to 2019. 2020 Revenue is post IFRS 15 IFRS ispost Revenue 2020 2019. andupto to prior years the for 15 IFRS pre are Revenue Smart’s Axiata’s reporting by geographical location is conducted for its OpCos: Celcom, XL, Smart, Dialog, Robi andNcell Robi Dialog, XL, Smart, Celcom, OpCos: its for isconducted location geographical by reporting Axiata’s 2017 figures have been restated to exclude edotco Cambodia’s results, for like to like comparison with 2018 figures 2018 with comparison like to like for results, Cambodia’s edotco exclude to restated been have figures 2017 Nepal’s financial numbers are based on financial year ended mid(15 ended year financial on based are numbers financial Nepal’s 14.3 2.3 (3.9) 1.0 Billion) (RM 68.3 (BDT Billion) 6.6 2017 2017 13.0 2.3 (2.8) 1.1 68.0 7.3 2018 2018