ANNUAL REPORT 2017 CHAMPIONING GREEN ECONOMY Cont ent 04 14 Corporate Leadership Information Team pg 57 05Notice of Annual Organisational16 General Meeting Structure 06Corporate Chairman’s20 Profile Statement 10Board of Directors GCEO’s23 Strategic Review 12Committees Calendar26 of Events This Annual Report is printed on FSC certified Paper Cont ent pg 32 32 66 EXPO 2017 GreenTech Malaysia ASTANA Alliances Sdn Bhd Green40 70GreenTech Catalyst Econometrics Sdn Bhd pg 70 Green48 76GreenTech IdeasLAB Living Sdn Bhd Green57 86GreenTech Malaysia Mobility Membership Green62 87Financial Community Statements 4 Corporate Information BOARD OF DIRECTORS Tan Sri Peter Chin Fah Kui Datuk Poh Pai Kong Professor Datin Paduka Dr. Khatijah Baskaran a/l Madhavan Nair binti Mohamad Yusoff Hazim bin Jamaluddin Datuk Badriyah binti Hj. Abd. Malek Haji Mohamad Razif bin Haji Abd Mubin Datuk Wira Jalilah binti Baba GROUP CHAIRMAN PRINCIPAL PLACE OF BUSINESS Tan Sri Peter Chin Fah Kui No. 2, Jalan 9/10 Persiaran Usahawan Seksyen 9 GROUP CHIEF EXECUTIVE OFFICER 43650 Bandar Baru Bangi Dr. Mohd Azman bin Zainul Abidin Selangor Darul Ehsan (Appointed on 2nd May 2017) AUDITORS SECRETARY Crowe Horwath KL Tax Sdn. Bhd. [10709-X] Shahrizat binti Othman Tax Consultants [MAICSA 0764744] Member Crowe Horwath International C 15-5, Level 15, Tower C REGISTERED OFFICE Megan Avenue II Suite C-5-4, Wisma Goshen 12 Jalan Yap Kwan Seng Plaza Pantai, Jalan Pantai Baharu 50450 Kuala Lumpur 59200 Kuala Lumpur PRINCIPAL BANKER CIMB Bank Berhad Serdang Perdana Ground Floor & Mezzanine No. 33 Jalan SP 2/1 Taman Serdang Perdana 43300 Seri Kembangan Selangor Darul Ehsan greentechmalaysia.my Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Twentieth Annual General Meeting of MALAYSIAN GREEN TECHNOLOGY CORPORATION (“GreenTech”) will be held at Bilik Tenaga 2, Malaysian Green Technology Corporation, No. 2, Jalan 9/10, Persiaran Usahawan, Seksyen 9, 43650 Bandar Baru Bangi, Selangor Darul Ehsan on 28th June 2018 at 11.00 a.m. for the following purposes: AGENDA As Ordinary Business 1. To Lay and Receive the Audited Accounts for the year ended 31 (Please refer to December 2017 together with the Reports of the Directors and Explanatory Note 2) Auditors therein. 2. Re-election of Auditors To Re-elect Messrs. Crowe Horwath (AF: 1018) as the Auditors of Resolution 1 the Company for the financial year 2017 until the conclusion of the next Annual General Meeting; and to authorise the Directors to fix their remuneration. BY ORDER OF THE BOARD SHAHRIZAT BINTI OTHMAN KUALA LUMPUR Company Secretary MAICSA 076474 Date : 7 June 2018 Note 1. Proxy: (i) A member of the Company entitled to attend and vote at the meeting is entitled to appoint a proxy to attend and vote in his stead. All proxies must be members of the Company. (ii) In the case of a corporate member, the instrument appointing a proxy shall be under its Common Seal or under the hand of an officer of the corporation duly authorised on that behalf. (iii) The instrument appointing a proxy must be deposited at the Registered Office of the Company at Suite C-5-4, Wisma Goshen, Plaza Pantai, Jalan Pantai Baharu, 59200 Kuala Lumpur (Tel :03- 2283 4007 / Fax : 03- 2287 7006) not less than 48 hours before Malaysian Green Technology Corporation the meeting set for holding the meeting or any adjournment thereof. 2. Explanatory Notes to the First Agenda This agenda item is meant for discussion only, as the provision of Section 340(a) of the Companies Act, 2016 does not require a formal approval of the shareholders for the ANNUAL REPORT 2017 Audited Financial Statements. Hence, this Agenda item is not put forward for voting. 5 6 Corporate Profile GOAL: POSITION MALAYSIA AS A GLOBAL HUB FOR GREEN TECHNOLOGY BY 2020 AND DEVELOP THE COUNTRY INTO A GREEN COMMUNITY BY 2030 Malaysian Green Technology Corporation also known as GreenTech Malaysia is a government agency under the purview of Ministry of Energy, Green Technology and Water (KeTTHA). Established in 2010, our mandate is to be spearheading the development and promotion of green technology as a strategic engine for socio-economic growth in line with Green Technology Master Plan (GTMP) 2017-2030. The goal of GTMP is to strengthen the role of the green economy and green technology as a catalyst to drive Malaysia’s aspirations for sustainable growth. greentechmalaysia.my SUBSIDIARIES GREENTECH MALAYSIA ALLIANCES SDN. BHD. (GTMA) Incorporated on 1st June 2015, GreenTech Malaysia Alliances Sdn. Bhd. (GTMA), a wholly owned subsidiary of GreenTech Malaysia, was established to accelerate the growth of Malaysia’s green market through strategic partnerships offering innovative sustainability solutions. GREENTECH CATALYST SDN. BHD. (GTC) Incorporated on 15th October 2015, GreenTech Catalyst Sdn. Bhd. (GTC), a wholly owned subsidiary of GTMA, was established to expedite the adoption of green technology through the provision of advisory and business services in finance, entrepreneurship, standardisation and incentivisation. GREENTECH IDEASLAB SDN. BHD. (GTI) Incorporated on 16th March 2016, GreenTech IdeasLAB Sdn. Bhd. (GTI), a wholly owned subsidiary of GTMA was established to promote sustainable lifestyles through on-ground public engagements, develop green skills through customised training programmes and spur the green economy through industry-level international exhibitions and professional consultancy. Malaysian Green Technology Corporation ANNUAL REPORT 2017 7 Board of Directors & Committees Leadership Team Organisational Structure 10 Board of Directors 1 2 3 4 5 6 greentechmalaysia.my 7 8 9 1 Tan Sri Peter Chin Fah Kui 5 Datuk Poh Pai Kong CHAIRMAN 6 Baskaran a/l Madhavan Nair 2 Professor Datin Paduka Dr. Khatijah binti Mohammad Yusoff 7 Hazim bin Jamaluddin DEPUTY CHAIRMAN 8 Haji Mohamad Razif 3 Datuk Badriyah binti Hj. Abd. Malek bin Haji Abd Mubin 4 Datuk Wira Jalilah binti Baba 9 Dr. Mohd Azman Malaysian Green Technology Corporation bin Zainul Abidin ANNUAL REPORT 2017 11 12 Committees BOARD OF DIRECTORS AND PERMANENT REPRESENTATIVES FROM KeTTHA AND EPU FOR BOARD COMMITTEE MEETINGS Board Investment, Business & Promotion Committee (BIBPC) Name Position Roles Datuk Wira Jalilah Baba Chairman Reviews, monitors Prof. Datin Paduka Dr. Khatijah Member and reports to Mohammad Yusoff the Board on matters related to Mr. Baskaran Madhavan Nair Member potential business Dr. Mohd Azman Zainul Abidin Member investments, Mr. Woon Foo Wen Member ventures, opportunities, Pn. Rogayah Kadari Representative business strategies, SUB Kanan, Sektor Teknologi Hijau (KeTTHA) business Mr. Asdirhyme Abdul Rasib, Representative and projects SUB, Regulatori dan Pembangunan (EPU) development as Industri Teknologi Hijau (Alternate) well as promotion Mr. Ahmad Kamal Wasis Representative matters. Timbalan Pengarah, Seksyen Ekonomi (EPU) Alam Sekitar dan Sumber Asli Fatimah Wati Bt. Che Abdullah Representative Ketua Penolong Pengarah, Seksyen (EPU) Ekonomi Alam Sekitar dan Sumber Asli (Alternate) greentechmalaysia.my Board Establishment Committee (BEC) Name Position Roles Datuk Badriyah Ab Malek Chairman Reviews, monitors Dr. Mohd Azman Zainul Abidin Member and reports to the Board on Pn. Rogayah Kadari Representative matters related SUB Kanan, Sektor Teknologi Hijau (KeTTHA) to establishment, Mr. Paul Wong Kok Kiong, Representative human resources, SUB, Dasar Teknologi Hijau (KeTTHA) organizational development and Key Performance Indicators. Board Finance & Audit Committee (BFAC) Name Position Roles Mr. Hazim Jamaluddin Chairman Reviews, monitors Dr. Mohd Azman Zainul Abidin Member and reports to the Board on Pn. Rogayah Kadari Representative matters related to SUB Kanan, Sektor Teknologi Hijau (KeTTHA) finances, financial Mr. Asdirhyme Abdul Rasib, Representative performance, SUB, Regulatori dan Pembangunan (KeTTHA) audit and Industri Teknologi Hijau (Alternate) corporate Mr. Ahmad Kamal Wasis Representative governance. Timbalan Pengarah, Seksyen Ekonomi (EPU) Alam Sekitar dan Sumber Asli Fatimah Wati Che Abdullah Representative Ketua Penolong Pengarah, Seksyen (EPU) Ekonomi Alam Sekitar dan Sumber Asli (Alternate) Malaysian Green Technology Corporation ANNUAL REPORT 2017 13 14 Leadership Team as at December 2017 9 12 1 GROUP CHIEF EXECUTIVE OFFICER Dr. Mohd Azman Zainul Abidin 2 11 2 CEO, GREENTECH MALAYSIA ALLIANCES SDN BHD Woon Foo Wen 3 CEO, GREENTECH CATALYST SDN BHD 3 Tuan Syed Ahmad Syed Mustafa 4 4 CEO, GREENTECH IDEASLAB SDN BHD/ CHIEF STRATEGIC COMMUNICATIONS Elina Jani 5 CHIEF STRATEGIC PLANNING Izhar bin Mohd Noor 6 CHIEF LEGAL & IP Noor Azmin Azali bin Ramli greentechmalaysia.my 7 ACTING HEAD OF HUMAN RESOURCE & FINANCE Tengku Sharifah Hanif binti Tengku Hamzah 8 HEAD OF GREEN 8 CATALYST 10 Kamaradzaman bin Mohd Bakri 6 7 9 ACTING HEAD OF SMART SUSTAINABLE CITIES Muhd Fendi bin Mustafa 10 HEAD OF LOW CARBON MOBILITY Huzaimi Nor Omar 5 11 HEAD OF SUSTAINABLE ENERGY & GREEN 1 ADVISORY Norhasliza Mohd Mokhtar 12 DIRECTOR OF TECHNOLOGY & INNOVATION Wan Faizal Mohd Anwar Malaysian Green Technology Corporation ANNUAL REPORT 2017 15 16 Organisational Structure CEO GreenTech Malaysia Alliances Sdn Bhd CEO GreenTech Catalyst Green Sdn Bhd Catalyst CEO GreenTech IdeasLAB Sdn Bhd Smart Sustainable Cities <Vacant> Strategic Group Chief Group Chief Low Carbon Planning Executive Officer Operating Officer Mobility Sustainable Energy & Green Advisory Legal & IP Technology Strategic & Innovation Communications Human Resource & Finance greentechmalaysia.my CEO GreenTech Malaysia Alliances Sdn Bhd CEO GreenTech