eritaBoustead July - September 2010 For internal circulation only Boustead takes home The Edge Billion Ringgit Club Award - pg 3 Royale treat for a good cause - pg 4 BHPetrol launches new petrol packed with latest German innovation - pg 5 Group Finance retreat at Royale Bintang Seremban & a trip to Malacca - pg 8 & 9 Selamat Hari Raya Aidilfitri 2 3 Perutusan Timbalan Pengerusi/ Pengarah Urusan Kumpulan Staf Boustead yang dihargai, Selamat kembali daripada percutian Hari Raya dan diharapkan masa terluang tersebut telah dimanfaatkan sepenuhnya bersama keluarga tersayang. Kita kian menghampiri penghujung tahun di mana kebanyakan Deputy Chairman/ Bahagian kita telah menunjukkan prestasi yang lebih baik The Prime Minister and his wife Datin Seri Rosmah Mansor with all the Billion Ringgit Club members berbanding tempoh yang sama tahun lalu. Kumpulan Group Managing Director's telah mencapai peningkatan yang ketara dalam message keuntungan di mana kita telah mencatatkan keuntungan Boustead takes home selepas cukai yang kukuh berjumlah RM265 juta di atas hasil berjumlah RM3 bilion bagi setengah tahun pertama The Edge Billion Ringgit Club Award 2010. Dear fellow Bousteadians, oustead Holdings Berhad (Boustead) took home The Kemuncak tempoh adalah apabila Kumpulan mencapai Edge Billion Ringgit Club's (The Edge BRC) ‘Highest Welcome back from the Raya holidays and hope it was a time B Highest returns to shareholders over 3 years Anugerah berprestij The Edge Billion Ringgit Club bagi Returns to Shareholders Award’ in the plantation sector at well spent with your loved ones. We are fast approaching the Pulangan Tertinggi kepada Para Pemegang Saham dalam the inaugural The Edge BRC award ceremony held at the end of the year, with most of our Divisions performing better sektor perladangan. Anugerah ini merupakan satu lagi Mandarin Oriental Hotel, Kuala Lumpur on 5 July 2010. RANK COMPANY RETURNS TO SHAREHOLDERS than the corresponding period last year. The Group has kebanggaan kita dan tidak mungkin dapat dicapai tanpa OVER 3 YEARS (%) achieved significant improvements on our bottom line whilst dedikasi dan kerja keras staf Boustead semua. Saya Organised by The Edge Communications Sdn. Bhd., The we recorded a strong profit after tax of RM265 million on the Edge BRC corporate awards paid tribute to Malaysia’s ingin mengucapkan terima kasih kepada setiap seorang back of a turnover of RM3 billion for the first half of 2010. biggest and best performing companies in terms of 1 Boustead Holdings Berhad 29.04 daripada anda yang telah memberi sumbangan yang profitability and shareholder value creation. The highlight for the period was the Group achieving the berterusan kepada pertumbuhan Boustead. 2 Sarawak Oil Palms Berhad 26.01 prestigious The Edge Billion Ringgit Club’s 'Highest Returns The Edge BRC ‘Highest Returns to Shareholders Award’ to Shareholders Award' in the plantation sector. This Saya juga gembira untuk mengumumkan bahawa was presented to The Edge BRC members with the 3 United Malacca Berhad 22.97 highest compound returns to shareholders comprising added another feather to our cap and could not have been perolehan kita dari Bahagian Industri Berat semakin kukuh dengan penganugerahan kontrak berjumlah growth in share price and dividends received over the 4 IJM Plantations Berhad 20.15 possible without the dedication and hard work of my fellow past three years. Bousteadians. I would like to thank each and every one of you RM1.31 bilion untuk menservis kapal selam kelas Scorpene Tentera Laut DiRaja Malaysia. Ini akan 5 Kuala Lumpur Kepong Berhad 15.06 for your continued contribution to the growth of Boustead. Boustead, with annual returns of 29.04%, beat Sarawak membuka jalan ke arah pendapatan tetap yang kukuh Oil Palms Berhad’s 26.01% to claim the top spot. I am also pleased to announce the further strengthening bagi keuntungan Kumpulan. Tambahan pula, keputusan of the Group’s earnings from the Heavy Industries Division kukuh yang dicatatkan oleh Kumpulan Affin dengan with the award of the RM1.31 billion contract to service the kenaikan keuntungan sebanyak 36% bagi separuh Royal Malaysian Navy Scorpene class submarines. This will tahun pertama akan meransangkan lagi pertumbuhan pave the way for strong recurring income to the Group’s Kumpulan. Perjanjian Memorandum Persefahaman di bottom line. Additionally, the strong results recorded by the antara Affin Bank dan Bank of East Asia baru-baru ini Affin Group with profits up 36% for the first half of the year juga dipercayai boleh mengukuhkan lagi kedudukan further boosted the growth of the Group. The recent signing Kumpulan dalam industri perbankan yang begitu hebat of the Memorandum of Understanding between Affin Bank persaingannya. and the Bank of East Asia would help to further strengthen Boustead Global menang the Group’s position in a very competitive banking industry. Kita sepatutnya gembira dengan usaha-usaha kita setakat ini dan lebih penting lagi kita perlu memandang Anugerah Takaful Ikhlas We should be pleased with our efforts to date and more ke hadapan dengan bersemangat tatkala kita mencapai importantly we must look towards the future with vigour as sasaran pertumbuhan dalaman dan kecemerlangan yang oustead Global Network Sdn. Bhd. (Boustead Global) baru-baru ini we achieve our internal growth targets and aim for greater lebih besar. Terdapat banyak potensi yang belum diterokai Btelah memenangi Anugerah Tertinggi Keseluruhan Bukan Motor excellence. There is much untapped potential and I urge all lagi dan saya menyeru agar staf Boustead dapat bekerja Takaful Ikhlas bagi tahun 2009/2010 pada Majlis Malam Anugerah Bousteadians to work together to achieve this potential. bersama-sama untuk mencapai potensi ini. Ejen 2009/2010. Majlis anjuran Takaful Ikhlas tersebut telah diadakan pada 31 Julai 2010 di Putrajaya International Convention Centre dan dihadiri oleh semua ejen insurans Takaful dari seluruh Malaysia. Gambar di sebelah menunjukkan Tn. Hj. Musa Sulaiman, Pengurus Y.Bhg. Tan Sri Dato' Lodin Wok Kamaruddin Y.Bhg. Tan Sri Dato’ Lodin Wok Kamaruddin Besar/Pengarah Boustead Global dengan anugerah yang diterima. 4 5 Royale treat for a good cause BHPetrol launches new petrol packed with latest German innovation n 16 August 2010, BHPetrol that minimises friction in the engine to Olaunched its new RON95 and give that extra, instantaneous boost in RON97 fuels – BHPetrol Infiniti fuel savings. Advanced2X 95 and 97, making Left to right: Tan Sri Lodin presenting a cheque to Datin Seri Rosmah (3rd) while available to Malaysians, Advanced BHPetrol’s Managing Director, Mr. Tan Kim Dato' Atikah Adom, YHKM board member (2nd) and Tan Sri Hjh. Zaleha (4th) look on Additive Compound (AAC) from Thiam said, “BHPetrol Infiniti Advanced2X Germany. The petrol priced at RM1.85 95 and 97 will offer unparallel performance event was graced by Y.A.Bhg. Datin Paduka Seri Rosmah per litre for RON95 and RM2.10 for with our Advanced Double Strength Mansor, patron of YHKM, as well as several other corporate RON97 were available at all of the formula as the new fuels are treated with figureheads, which included Y.Bhg. Tan Sri Datin Paduka Seri company’s 300 over stations. AAC at the recommended maximum treat Hjh. Zaleha Ismail, Chairman of YHKM and Y.Bhg. Tan Sri Dato’ rate to give Malaysians the ultimate in Lodin Wok Kamaruddin, Deputy Chairman/Group Managing AAC utilises German engineering fuel savings and power and at no extra Director of Boustead Holdings Berhad. for exceptional performance – for cost to users.” Contributions to YHKM came from several corporate maximum mileage and power. AAC companies such as Kenchana Petroleum Berhad, Boustead uses the latest additive formulation BHPetrol in conjunction with the launch Franz Swoboda, General Manager of Royale Chulan and staff of the hotel and is a fully synthetic multifunctional of the new petrol was organising a contest posing for camera with the YHKM children Hotels & Resorts Sdn. Bhd., BERNAS, Bank Persatuan Malaysia Berhad, and KOP-Pusamaju. Total donations were estimated petrol additive with two powerful for all users to try the new product. By just n 24 August 2010, The Royale Chulan Kuala Lumpur at RM190,000, which included a brand new Perodua Alza, ingredients: a unique and potent filling up a minimum of RM30 of the new O(Royale Chulan) hosted over a 100 children from seven donated by the Persatuan Otomobil Kedua (PERODUA). The detergent that maximises cleaning petrol, users stand eligible to win a brand orphanage homes for a ‘buka puasa’ event with the help children also received duit raya and goodie bags from both performance; and friction modifier new Mercedes Benz C200! of Yayasan Harapan Kanak-kanak Malaysia (YHKM). The Datin Seri Rosmah and Tan Sri Lodin. Sales Launch of Surian Residences @ Mutiara Damansara Sales Office Interested purchasers at the Sales Office ersiaran Surian in Mutiara Damansara held for the Mutiara Damansara township Balloting session Staff entertaining customers Pwas a hive of activity on 3 July 2010 with and 'Mutiara' branding of the Boustead cars double and triple parked outside the Group. Successful ballotters were invited to choose their units there Selling Prices Mutiara Damansara Sales Office as excited and then and execute the SPAs together with the payment of purchasers swarmed in to take part in the More than 500 ballots were deposited into the ‘Bumiputra’ and ‘Public’ ballot boxes, a 10% deposit. Units ranged in size from 850 sq. ft. to 2,443 sq. ft. with ballot to buy the latest and last residential and promptly at 9.15 am the ballot was selling prices ranging from RM507,000 to RM1,352,000 per development by the Boustead Group in the closed. The ballot started at 9.30 am with Of the 311 units available, 50% are reserved for Bumiputra unit. The selling prices ranged from RM550 to RM650 per sq. Mutiara Damansara township. the assistance of Boustead’s Internal Audit buyers in accordance with the Selangor State’s regulations.By ft.