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2013 Annual Report Cultivating Collaboration Delivering More Value Iris Corporation Berhad (302232-X)
IRIS CORPORATION BERHAD (302232-X) 2013 ANNUAL REPORT Cultivating Collaboration Delivering more value IRIS CORPORATION BERHAD (302232-X) IRIS SMART TECHNOLOGY COMPLEX TECHNOLOGY PARK MALAYsiA BUKIT JALIL 57000 KUALA LUMPUR, MALAYsiA TEL +603 8996 0788 FAx +603 8996 0441 www.iris.com.my LiST OF CONTENTS CORPORATE REVIEW Corporate Profile ................................................................. 14 Profile of Directors .............................................................. 32 Corporate Structure ............................................................ 14 Key Management Team ...................................................... 38 Global Presence .................................................................. 15 Corporate Social Responsibility ........................................... 39 Chairman’s Statement ......................................................... 16 Calendar of Events .............................................................. 40 Operations Review .............................................................. 21 Statement on Corporate Governance ................................... 42 Group Financial Summary ................................................... 29 Audit Committee Report ...................................................... 48 Corporate Information ......................................................... 30 Statement on Risk Management and Internal Control ............ 52 Awards & Recognition ........................................................ 31 Statement of Directors’ -
Audit Committee Report
AUDIT COMMITTEE REPORT The Malaysian Code on Corporate Governance and the Listing Requirements of Bursa Malaysia Securities Berhad (Bursa Malaysia) specify that an Audit Committee shall be established by the Board of Directors from amongst their numbers via a Directors’ resolution. The requirements include the following: 1. The Audit Committee shall comprise no fewer than 3 members; 2. A majority of the Audit Committee shall be independent directors; 3. At least one member must also fulfill the following additional requirements; a. Must be a member of the Malaysian Institute of Accountants (“MIA”); or b. If not a member of MIA, must have at least 3 years working experience and i. must have passed the examinations specified in Part 1 of the 1st Schedule of the Accountants Act 1967; or ii. must be a member of one of the associations of accountants specified in Part 11 of the 1st Scheduled of the Accountants Act 1967; or c. Fulfills such other requirements as prescribed by exchange. The members of the Audit Committee shall elect from amongst themselves a Chairman who is an independent non-executive director. Members of the Audit Committee including the Chairman shall only hold office as long as they serve as Directors of the Company. An alternate Director shall not be appointed as a member of the Audit Committee. Any member of the Audit Committee, which relinquish his membership with prior written notice to the Company Secretary and may continue to serve as a Director of the Company. Any vacancy in the Audit Committee, which results in a contravention of the Bursa Malaysia’s Listing rules on composition of the Audit Committee, must be filled within three months. -
Service Disruption on Mrt Kajang Line Due to Signalling Problems
MEDIA STATEMENT FOR IMMEDIATE RELEASE SERVICE DISRUPTION ON MRT KAJANG LINE DUE TO SIGNALLING PROBLEMS KUALA LUMPUR, 16 August 2021- MRT Kajang Line is experiencing a service disruption due to signalling problems that were detected at 9.15am today that caused all trains that were in operations along the MRT Kajang Line to be held at platforms along its entire alignment starting from MRT Sungai Buloh Station to MRT Kajang Station. “The signalling problems are believed due to a technical issue and Rapid KL’s Engineering Department, together with BT Alstom who is the system’s manufacturer and Mass Rapid Transit Corporation Sdn Bhd (MRT Corp), are working to resolve this so that MRT Kajang Line could operate normally as soon as possible,” said a statement issued by the rail operator today. When the signalling problems were detected, all trains that were in operations switched to manual mode and were driven by Transit Officers to the nearest station, at a speed of not more than 25km/hour. Passengers were advised to disembark and take alternative transport in order to continue with their journey. Then, MRT Kajang Line suspended its operations from 11.15am to 3.45pm to allow for diagnostic work and full system reboot to be performed. It has since resumed operations at 3.45pm in revised service mode. “We deeply regret the inconvenience and would like to apologise to our passengers for this service disruption. For the safety of all involved, MRT Kajang Line is currently operating on revised service mode where trains would be moving slower and dwelling at platforms longer,” it added. -
The Development and Distribution Pattern of Railway Network for Urban Public Transport Using GIS from 1990 Until 2019 in the Klang Valley and Kuala Lumpur, Malaysia
JOURNAL OF SOCIAL TRANSFORMATION AND REGIONAL DEVELOPMENT VOL. 2 NO. 2 (2020) 1-10 © Universiti Tun Hussein Onn Malaysia Publisher’s Office Journal of Social Transformation JSTARD and Regional Journal homepage: http://publisher.uthm.edu.my/ojs/index.php/jstard Development e-ISSN : 2682-9142 The Development and Distribution Pattern of Railway Network for Urban Public Transport Using GIS from 1990 Until 2019 in The Klang Valley and Kuala Lumpur, Malaysia Mohd Sahrul Syukri Yahya1*, Edie Ezwan Mohd Safian1, Burhaida Burhan1 1Faculty of Technology Management and Business, Universiti Tun Hussein Onn Malaysia, 86400 Parit Raja, Batu Pahat, Johor, MALAYSIA *Corresponding Author DOI: https://doi.org/10.30880/jstard.2020.02.02.001 Received 20 July 2020; Accepted 30 October 2020; Available online 30 December 2020 Abstract: The development and distribution pattern of the railway network has significantly increased in urban public transport with the current situation to move fast towards the fourth industrial revolution (4IR). In Malaysia, the problem issues are related to traffic congestion and many user cars on the roadway in daily lives. One alternative mode of using a rail network is commuter, LRT, Monorail, MRT and ETS. Therefore, the Geographic Information System (GIS) technology is then used to map and produce the railway networks history and developments in urban public transportation (UPT). The goal of this research is to identify the heatmap trends of the Klang Valley railway stations which included Kuala Lumpur as urban public transport sectors. It was based on the OSM image layer from the year 1990 to 2019 and studied the growth of railway networks through a polyline pattern analysis. -
Prasanara Invites Bumiputera Contractors to Lrt3 Final Pre- Qualification Briefing Session to Vie for Rm60 Million Worth of Smaller Work Packages
Media Statement For immediate release PRASANARA INVITES BUMIPUTERA CONTRACTORS TO LRT3 FINAL PRE- QUALIFICATION BRIEFING SESSION TO VIE FOR RM60 MILLION WORTH OF SMALLER WORK PACKAGES KUALA LUMPUR – 5 DECEMBER, 2017: Prasarana Malaysia Berhad (Prasarana) is inviting Bumiputera Contractors CIDB Grade G2 to G4 to participate in the pre-qualification briefing session on LRT3 work packages on 7 December, 2017 to be held at Menara UOA Bangsar, Kuala Lumpur. The main work packages under the LRT3 are required to allocate 120 smaller work packages worth approximately RM60 million in total to Bumiputera Contractors CIDB Grade G2 to G4. The work packages will comprise of but are not limited to areas such as surface works, mechanical & engineering works, concrete works, external architectural works and interior fittings out works. Prasarana, through a collaborative effort with the Bumiputera Agenda Steering Unit (Teraju), Contractor and Entrepreneur Development Division (BPKU) of Ministry of Works, and Construction Industry Development Board (CIDB), has opened up participation opportunities for Bumiputera Contractors with these CIDB Grade G2 to G4 in the development of the Light Rail Transit 3 (LRT3) project. The collaboration is intended to provide opportunity for Bumiputera Contractors to grow and develop capacity in large-scale infrastructure projects. The G2-G4 grading refers to small medium enterprises, which are allowed to tender for projects worth not exceeding RM500,000 (G2), not exceeding RM1,000,000 (G3) and not exceeding RM3,000,000 (G4). “We would like to encourage Bumiputera companies to leverage on this final opportunity to work alongside established multinational companies in the industry to develop Klang Valley’s next new rail, and thereby develop our home-grown expertise. -
Summary of Consumer Feedback on the Draft Copper Withdrawal Code
Project no. 13.07/16502 Public version Summary of consumer feedback on the draft Copper Withdrawal Code Date of publication: 6 August 2020 About this document This document summarises the feedback we received from consumers on our draft Copper Withdrawal Code. We published the draft Code on 20 May 2020 and invited consumers to tell us their views, including by completing an online feedback form that asked questions about some key aspects of the Code. Feedback closed on 17 July 2020 and overall 148 New Zealanders provided us with feedback. This document includes: • A foreword from the Telecommunications Commissioner; • A summary of the key themes from the feedback we received; • A copy of the information provided to consumers and the questions on the feedback form; and • A copy of each completed feedback form. We note that some of the feedback was marked as confidential, so we have removed these from this document, however all feedback has contributed to the key themes. Foreword Kia ora, Ngā mihi mo to whakaaro. Thank you for submitting your views on the draft 111 Contact and Copper Withdrawal Codes. These draft Codes are important for consumers: ➢ The draft 111 Contact Code ensures that vulnerable consumers, or persons on their behalf, have reasonable access to an appropriate way to contact the 111 emergency service in the event of a power failure. ➢ The draft Copper Withdrawal Code includes the minimum protections for consumers required by law that need to be met before Chorus can stop supplying copper phone and broadband services. The Code cannot stop the phasing out of the copper network, as New Zealand moves to fibre, but will help ensure a smoother transition between networks. -
BERHAD (Company No
Serial No. 001 STRICTLY PRIVATE AND CONFIDENTIAL AMBANK (M) BERHAD (Company No. 8515-D) INFORMATION MEMORANDUM IN RELATION TO THE PROPOSED ISSUE OF, OFFER FOR SUBSCRIPTION OR PURCHASE OF, OR INVITATION TO SUBSCRIBE FOR OR PURCHASE OF UP TO RM 4.0 BILLION IN NOMINAL VALUE OF TIER 2 SUBORDINATED NOTES (“SUBORDINATED NOTES”) UNDER A SUBORDINATED NOTES PROGRAMME Principal Adviser/Lead Arranger/Lead Manager (Company No. 23742-V) This Information Memorandum is dated 16 December 2013 RESPONSIBILITY STATEMENT The directors of AmBank (M) Berhad (“AmBank”) have given approval for the issuance of an Information Memorandum (“IM”) relating to the issuance of tier 2 subordinated notes (the “Subordinated Notes”) pursuant to a Subordinated Notes programme of up to RM4.0 billion in nominal value (“Subordinated Notes Programme”). AmBank accepts full responsibility for the accuracy of the information contained in this IM. AmBank confirms that, to the best of its knowledge and belief: (a) this IM contains all information with respect to AmBank that is material in the context of the purpose for which this IM is issued; (b) the information and data contained in this IM are true, accurate and not misleading in all material respects; and (c) there is no material omission of any information and data from this IM. Enquiries have been made by AmBank to ascertain that all material facts have been disclosed and to verify the accuracy of all information and statements in this IM. ACKNOWLEDGEMENT AmBank hereby acknowledges that it has authorised AmInvestment Bank Berhad (“AmInvestment Bank” or “Lead Arranger/Lead Manager”) to circulate or distribute this IM on its behalf in respect of the issuance of Subordinated Notes pursuant to a Subordinated Notes Programme to prospective investors and that no further evidence of authorisation is required. -
PRASARANA MALAYSIA BERHAD (Company No.: 467220-U) (A Company Fully Owned by Minister of Finance Incorporated)
PRASARANA MALAYSIA BERHAD (Company No.: 467220-U) (A Company Fully Owned by Minister of Finance Incorporated) Prasarana Malaysia Berhad (“Prasarana”) is a wholly Government owned company established to facilitate, undertake and expedite public infrastructure projects approved by the Government. Prasarana and its group of companies are the asset owners and operators of Ampang Line, Sri Petaling Line, Kelana Jaya Line, KL Monorail and bus operations in Klang Valley, Penang, Kuantan, Kamunting and Bus Rapid Transit (“BRT”) Sunway Line. It is also the operator for Mass Rapid Transit (“MRT”) Kajang Line and Putrajaya Line. NOTICE OF TENDER (BUMIPUTERA ONLY) TENDER NO.: PRASARANA/GPD/RS(E)/346/996/2021 PRICE OF TENDER PLACE FOR SUBMISSION PREREQUISITE & TENDER DOCUMENT DOCUMENT, FORM OF TENDER TITLE & CLOSING DATE OF REGISTRATION SELLING DATE/TIME PAYMENT & PAYMENT IN TENDER FAVOUR OF SUPPLY, OPEN TENDER Tender Document can be RM1,000.00 Prasarana Malaysia DELIVERY, purchased manually at the (Ringgit Malaysia One Berhad, INSTALLATTION, 1. Registered with: following address: Thousand Only) Group Procurement, INTEGRATION, (non-refundable) Level 3, TESTING AND Ministry of Finance Prasarana Malaysia Berhad, No. 1 Jalan PJU 1A/46, COMMISSIONING (MoF) under code: Group Procurement, In the form of Off Jalan Lapangan OF THE 210103 Level 3, Terbang Sultan Abdul Aziz AUTOMATIC FARE No. 1 Jalan PJU 1A/46, Bank Draft, Banker’s Shah, COLLECTION (AFC) and Off Jalan Lapangan Terbang Cheque or any other 47301 Petaling Jaya, STORAGE SERVER Sultan Abdul Aziz Shah, instructed form Selangor Darul Ehsan 2. “PKK/BPKU” 47301 Petaling Jaya, having valid Selangor Darul Ehsan made payable to and/or “Bumiputera” Status Certificate and/or Prasarana Malaysia Berhad via SAP Ariba Portal (“STB”) via SAP Ariba Portal on 31 March 2021 28 April 2021 (Wednesday) (Wednesday) until before 14 April 2021 5.00 p.m. -
User Perception on Urban Light Rail Transit
Civil Engineering and Architecture 7(6A): 43-49, 2019 http://www.hrpub.org DOI: 10.13189/cea.2019.071405 User Perception on Urban Light Rail Transit Seuk Yen Phoong1,*, Seuk Wai Phoong2, Sedigheh Moghavvemi2, Kok Hau Phoong3 1Department of Mathematics, Universiti Pendidikan Sultan Idirs, Malaysia 2Department of Operations and Management Information Systems, University of Malaya, Malaysia 3Faculty of Management and Information Technology, Sultan Azlan Shah University, Malaysia Received July 28, 2019; Revised October 8, 2019; Accepted December 15, 2019 Copyright©2019 by authors, all rights reserved. Authors agree that this article remains permanently open access under the terms of the Creative Commons Attribution License 4.0 International License Abstract Public transport is a shared passenger traffic congestion in the city. transport service available for public use. Increased The problems pertaining to the public transportation population is accompanied by the increased demand for system in Kuala Lumpur are the lack of integration and private vehicles. The exponential growth in the number of focus. The government does not actively promote the use private vehicles will result in negative impacts such as air of public transportation, which indirectly influences daily pollution, excessive noise, and traffic congestion. life. According to the statistics in 2017, the average daily Additionally, customers’ perceptions on different aspects ridership of the public transport in 2017 was 638,608 in include safety, operation or time, comfortableness and Kuala Lumpur. The average time a person spent every day cleanness of public transportation that are also essential in in traffic congestion is ~53 minutes in Kuala Lumpur. affecting their mode of choice when travelling. -
Notice of Tender Prices of Tender Place for Tender Title Prerequisite Place & Starting Document, Form of Submission & No
PRASARANA MALAYSIA BERHAD (Company No.: 467220-U) (A Company Fully Owned by Minister of Finance Incorporated) Prasarana Malaysia Berhad (“Prasarana”) is a wholly Government owned company established to facilitate, undertake and expedite public infrastructure projects approved by the Government. Prasarana and its group of companies are the asset owners and operators of LRT Ampang Line, Kelana Jaya Line, KL Monorail and bus operations in Klang Valley, Penang, Kuantan, Bus Rapid Transit (“BRT”) Sunway Line and operator for Mass Rapid Transit (“MRT”) Kajang Line and Putrajaya Line. NOTICE OF TENDER PRICES OF TENDER PLACE FOR TENDER TITLE PREREQUISITE PLACE & STARTING DOCUMENT, FORM OF SUBMISSION & NO. & & DATE OF SELLING OF PAYMENT & PAYMENT IN CLOSING DATE OF TENDER NO. REGISTRATION DOCUMENT FAVOUR OF TENDER 1. SUPPLY, DELIVERY, INSTALL, OPEN TENDER Tender Document can be RM 1,000.00 Prasarana Malaysia Berhad, TESTING AND COMMISSIONING OF purchased manually at the (Ringgit Malaysia One Thousand Group Procurement, SIX (6) UNITS 33KV RING MAIN UNIT Registered with: following address: Only) Level 3, (RMU) AT PASSENGER STATIONS (non-refundable) No. 1 Jalan PJU 1A/46, FOR KELANA JAYA LINE CIDB Prasarana Malaysia Berhad, Off Jalan Lapangan Terbang Contractor Registration Certificate (PPK) Group Procurement, In the form of Sultan Abdul Aziz Shah, PRASARANA/GPD/RS(E)/351/1010/2021 Grade: G4 Level 3, 47301 Petaling Jaya, Category: ME No. 1 Jalan PJU 1A/46, Bank Draft or Banker’s Cheque Selangor Darul Ehsan Specialization: E24 Off Jalan Lapangan Terbang Sultan and/or Abdul Aziz Shah, or and 47301 Petaling Jaya, via SAP Ariba Portal Selangor Darul Ehsan Online Transfer BPKU/PKK/MoF and/or on Having valid “Bumiputera” Bank: CIMB Bank Status Certificate (“STB”) via SAP Ariba Portal Acc. -
Best Buy Return No Receipt Store Credit
Best Buy Return No Receipt Store Credit If divestible or garmentless Saunder usually novelising his deprivals inhering unexpectedly or tinge denationalizedretriesinexorably while and Alexei continuouslygoddamned, fidget some afterhow sweetbread cuneiformNichols pile isboyishly. reposefully,Harald? Iritic Cisted quiteGaston and maledictory. smokingpreludes Franklinno chromatin scoops her snood You say no time best buy return store receipt or unsold merchandise as the style overrides in controversy regarding your password requires retailers determine your receipt policies for shipping NEVER flip THE STORE. Since returns are prevalent and costly, perhaps but it really depends on how much they would be paying for all those facial scans and such. All alas my purchases are made all my best Buy card which way have happen for. Store receipt focusing on return there on cartoon background. Without receipts you will be given this store credit Returns below 5-10. New 'No returns' policy but leave customers with unwanted merchandise. Best Buy may run tests of the Return and Exchange Promise in select locations and may amend these terms at any time. Do you need more time? We all need to boycott Best Buy! Theft and dishonesty is rampant and unfortunately this affects retail prices and return policies for all retailers. Please supply only digits. Manufacturers will sometimes provide products that only contain English. Real return best buy credit would have no returns! Please select locations remain deeply committed. Brian Spychalski is she former Credit Karma freelance contributor now based in San Francisco. He said he would have to talk to the manager because it could be stolen and he has to check to see what he wants to do. -
Malaysian News: Auto Fuel, Car Sales, Public Transit, Ports September 23, 2004
Malaysian News: Auto fuel, car sales, public transit, ports September 23, 2004 1. Calls have been made to move the nation's auto fleets towards becoming diesel driven, similar to Europe, in move to reduce emissions and costs 2. Car sales continue to increase, with non-national brand sale increases outpacing national brand sale increases 3. About 65% of KL's public transit capacity for rail and buses will be nationalized under a new agency. The purpose is to provide more integration and coordination of physical infrastructure, fare structure, routes and scheduling. This is a big change from the many separate privately owned rail and bus lines! 4. Port Klang's throughput continues to grow 5. Port Klang is moving to a new system of tracking cargo that requires shipping agents to provide additional information on freight. Shipping agents are refusing to provide new information and resulting impass could cause massive delays in Port Klang when new system is implemented Oct. 1. 6. Malaysia port has new system to route and inspect cargo in more automatic manner, but also has backup plan in place in case new system fails ******************************************************** ***1. Calls for move towards diesel as private auto fuel*** ******************************************************** http://www.bernama.com/ September 22, 2004 18:39 PM Call For Use Of More Diesel-Powered Engines KUALA LUMPUR, Sept 22 (Bernama) -- Tan Lian Hoe (BN-Bukit Gantang) Wednesday called for more use of diesel-powered engines as the fuel is cheaper than petrol. Tan said diesel was cheaper and cleaner, and engines which used the fuel emitted less noxious gas as compared to the more expensive petrol which produced a lot of carbon monoxide.