Newsletter 2017
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A GREAT START TO A REWARDING & PROMISING YEAR Teras Echo is a bi-annual newsletter that highlights the ways we are bringing all our assets to make a positive impact in our communities. PRESTIGIOUS WINNERS OF THE ASIA PACIFIC ENTREPRENEURSHIP AWARDS For consecutive years, Teras Eco has won the Most Impactful Awards which recognizes Asia's outstanding SMEs or entrepreneurs. We would not have achieved such success without your firm support and strong confidence in our products and brand promise. As fast growing property developer, fulfilling our customers' needs has always been and will always be our top priority. Thank you for making this possible! “A message from Managing Director” As we approach the halfway point of what I am also sincerely thankful to our customers. We has been a remarkable year, I am pleased to would not have achieved such success without announce that significant progress has been your firm support and strong confidence in our made on many of our landmark products and brand promise. developments that include Senibong 88 and As fast growing property developer, fulfilling our Desa 88. customers' needs has always been and will I am both humbled and proud of Teras Eco always be our top priority. With each of our being receptors of the prestigious Asia Most products you can be assured of our strong Impactful Awards. My sincere thanks to commitment to quality and timely delivery. We those of you who have stood by us through are proud of this unique identity we have carved thick and thin, and to our cherished team that for ourselves. work so diligently and whose efforts are In delivering your dream properties, we reiterate never overlooked. our commitment towards ensuring top notch Teras Eco is acquired by Acoustech and we customer service and quality remains our priority THE TERAS ECO TEAM are pleased to be its subsidiary. At Teras Eco in everything that we do. Do look forward to the we believe we are uniquely positioned to previews and launches of several exciting TEO CHAI HOCK Empowering Growth & Sustainability help invigorate the economy and help solve Managing Director projects from Teras Eco and stay tuned for more. Our expertise enhance the team spirit by having a same frequency pressing economic, social and environmental TERAS ECO SDN BHD towards achieving excellence. They share a common view to keep challenges in the communities where we live moving forward to receive a big applause from the market for and work. serving the best for all. 02 03 CHAIRMAN SPEECH AWARD As we approach the halfway point of what has been a remarkable year, I am pleased to announce that significant progress has been made on many of our landmark developments that include Senibong 88 and Desa 88. I am both humbled and proud of Teras Eco being receptors of the prestigious Asia Most Impactful Awards. My sincere thanks to those of you who have stood by us through thick and thin, and to our cherished team that work so diligently and whose efforts are never overlooked. Teras Eco is acquired by Acoustech and we are pleased to be its subsidiary. At Teras Eco we believe we are uniquely positioned to help invigorate the economy and help solve pressing economic, social and environmental challenges in the communities where we live and work. CREATING TOMORROW’S SPACES Meticulously Crafted From Conception To Completion Much of the media attention in Iskandar Malaysia has been on its thriving manufacturing segment. The renowned growth region has achieved more than RM 161 billion of cumulative committed investments as of Q1 2015, 31% in manufacturing which is also the segment that has achieved the highest investments in total, higher than that in residential property. Facade Outlook of Senibong 88 Senibong 88 features 36 units of 3-storey With construction progressing cluster factories, 8 units of 2-storey rapidly and on schedule, both Desa detached link factories and 1 detached 88 and Senibong 88 will elevate your factory spread across 20 acres of freehold industry to unprecedented levels industrial land within Senibong Industrial while ensuring a clean and conducive Estate. environment for your business operations while retaining the elements Teras Eco is well-known PROUD HOME TO PRESTIGIOUS CORPORATIONS Embodying a highly strategic industrial for. address, Senibong 88 is located within Teras Eco Sdn Bhd, ‘commdustrial’ is one of the latest development To tap into the catchment of younger entrepreneurs, Teras Eco is Iskandar Malaysia's Flagship A and is trends to emerge. The concept is one where commercial and currently in talks with several food and beverage outlets, including accessible via the Eastern Dispersal Link industrial real estate converge in one space. According to General coffee houses and a Japanese/international buffet. For investors, the Manager Tee Kuan Hong, ‘Teras Eco provides a one-stop solution attraction of the project lies in the dual functionality of the space, (EDL) while being only 10 minutes to JB Artist’s impression of Senibong 88 for everyone’s needs. His company’s ecosystem represents the ideas coupled with the potential appreciation in terms of value and rental City Centre and Singapore's Woodlands and voices of their consumers. Teras Eco is in pursuit of creating makes it a good proposition. And as a result, the most attractive segment in Iskandar's Causeway. With easy access to the value added lifestyle products across all generations and in return The concept of the project allows a flexible usage of the space property market today is actually in industrial property. North-South Highway and Pasir Gudang help its buyers and investors realize their dreams. Tee also added without restricting the space to only manufacturing businesses. We feel really proud as we have already obtained Highway, Senibong 88 is also only just 5 that ‘offering the right product to the public is crucial as we are able Currently there are quite a number of industrial lots operating as to bring new perspectives to the real estate landscape. Teras Eco is certificate of completion and compliance for our project minutes to Permas Jaya. commercial lots within Iskandar Malaysia, however, none are branded as Entrepreneur Park encompasses a balance lifestyle, of Senibong 88 and our next project is going to be Desa purpose built as a commdustrial hub. As a pioneer of this concept, merging work, relaxation and healthy living all in one. Avenue for 88 and Pengerang Avenue. Teras Eco’s rational behind creating such a hub is to challenge the working adults to workout and have place to unwind after work traditional notion of an industrial development, which is usually offers the perfect work balance environment. Offering the right gazetted far away from the catchment population. product to the public is crucial as we are able to bring new perspectives to the existing real estate landscape. Anticipated Companies 04 PROJECT UPDATES MOU 05 THE WINNING EDGE FOR CONTEMPORARY BUSINESS Integrated Commercial Development Desaru Museum Johor Lama Fruit Farm Johor Lama Fort OFFICIAL PENGERANG Crocodile Farm Bujang Boat Firefly Desaru Bandar y Penawar resswa aru Exp m Senai-Des ba Le ai ng Su The Els Club Sungai Desaru Coast SIGNING CEREMONY Johor Tanjung Pasir Belungkor J J a Gudang Ferry Terminal a l l Tanjung a n Batu Langsat K o Layar t a Port a T T i i n n g A Historic Day For Teras Eco g g g i i - - P Tekong e n g Island e ra Sebana Cove n Taman Embarking on another historic day for Teras Eco Group, we have P. Tekong Resort g Taman Bayu Damai Ferry Terminal Tanjung Pengelih Ramunia Jaya Ferry Terminal ventured into a Development Agreement with Perbadanan Islam Sungai Changi Ferry RAPID Kapal Terminal Changi Airport Ostrich Sungai Farm SINGAPORE Pengerang Johor (a Johor State Owned Corporation) to develop 2 & 3 storey shop Rengit Tanah Merah Deepwater Seafood offices in a strategic location in Pengerang. Ferry Terminal Terminal 2 & 3 Storey Shop Office Leasehold AGM MEETING 99 Years As a part of Acoustech group of company, Teras Eco Group joined in the Acoustech Pengerang Avenue is a unique and modern commercial centre Experience a business venture amongst the great seafood village Berhad’s 17th Annual General Meeting. The within Johor’s next high growth epicenter. Featuring 40 units of 3 and resorts that gives many opportunities to enjoy your leisure. members of companies and shareholders had storey shop offices for phase 1, these innovative business spaces are Pengerang Avenue is just minutes away from the Desaru beach, a great opportunity to share information and highly functional with flexibility for a variety of business needs. excellent golf courses, and terminal ferry that captivate tourists mainly from Batam and Singapore. exchange their opinions. At the same time the It is located 30KM from the Airport and 15KM from Pengerang presentation of the project development took Bandar Penawar and Desaru. Surrounding is newly develop Capitalising on the spillover effect in Iskandar Malaysia is Teras place during the AGM meeting. residential, shop lots, clinic and police station under construction. Eco’s biggest goal over the next five years as they position Pengerang Avenue is also strategically located in the centre of many themselves as a reputable and sustainable developer. And one of the Johor’s key developments including Pengerang Integrated growth area that has been identified is Pengerang. Target Petroleum Complex (PIPIC) and Petronas Refinery and completion at December 2018. Petrochemicals Integrated Development (RAPID). FRAMEWORK AGREEMENT