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August

ISKANDAR PUTERI, JOHOR, 30 August 2018 – UEM Sunrise Berhad (“UEM Sunrise”), one of Malaysia’s leading property developers, and Mulpha International Berhad (“Mulpha International”), a diversified conglomerate, continue their commitment to enhance infrastructure for the community of Iskandar Puteri with the groundbreaking ceremony to celebrate the commencement of construction on the new Gerbang Nusajaya Interchange, today. 

Held at the Melia Residences Club House, the Gerbang Nusajaya Interchange groundbreaking ceremony was officiated by YAB Dato’ Haji Osman Bin Haji Sapian, Chief Minister of Johor accompanied by Anwar Syahrin Abdul Ajib, Managing Director/Chief Executive Officer of UEM Sunrise and Eric Lee, Executive Director of Mulpha International. More than 500 guests attended the event which includes community leaders, representatives of local authorities, members of the media and nearby residents. 

The Gerbang Nusajaya Interchange is strategically located within the 4,551 acres in Gerbang Nusajaya – the gateway to Iskandar Malaysia that is set to become the commercial and business engine of Iskandar Puteri, commanding an estimated gross development value (“GDV”) of RM42 billion. 

In 2014, UEM Sunrise and Mulpha International inked a Collaboration Agreement through its respective subsidiaries, Nusajaya Rise Sdn Bhd (“NRSB”) and Leisure Farm Corporation Sdn Bhd (“Leisure Farm Corporation”) to build three sets of roadworks valued at RM162 million to build new roads, a new trumpet interchange and upgrade existing roads in Gelang Patah and Gerbang Nusajaya. 

The three sets of roadworks are as follow: 

Roadworks 1: Connecting Gelang Patah to both Gerbang Nusajaya and Leisure Farm, by upgrading the existing JKR J4 state road from two-lanes to a dual two-lane, constructing a new dual three-lane road which links up with the Second Link Highway; 

Roadworks 2: Connecting Leisure Farm to the Second Link Highway, by upgrading the existing JKR J4 state road from two-lane to a dual two-lane; 

Roadworks 3: Constructing a new trumpet interchange (named as Gerbang Nusajaya Interchange) connecting the Second Link Highway to Gerbang Nusajaya and Leisure Farm, including the link roads from/to the Second Link Highway (enabling travel in all directions) 

All roadworks are targeted for completion by end of year 2020. 

According to Anwar Syahrin Abdul Ajib, Managing Director/Chief Executive Officer of UEM Sunrise, “As the master developer of Iskandar Puteri, we are very pleased that the Gerbang Nusajaya Interchange will create an enhanced transport ecosystem around Gerbang Nusajaya and Iskandar Puteri, further enhancing the ease of travel for commuters. With its proximity to the Tuas Checkpoint and the central Singapore CBD within easy reach, Gerbang Nusajaya Interchange will put Iskandar Puteri on the map as the largest fully integrated urban development in Southeast Asia. Gerbang Nusajaya Interchange is also a strong indication of our commitment to supporting the Johor state government in propelling Iskandar Puteri’s economic growth and transforming the Southern Peninsular of Malaysia into an exciting centre of economic development in the region.” 

UEM Sunrise has commenced construction works in Gerbang Nusajaya since 2014, and the development is expected to span over a period of 25 years. Upon completion, an estimated 76,000 direct job offerings and 137,000 indirect job offerings will be created, and Gerbang Nusajaya is expected to become home to a population of 220,000 people. 

“Mulpha International via its wholly owned subsidiary, Leisure Farm Corporation, is proud to once again collaborate with UEM Sunrise on another infrastructure project that will enhance the road network and connectivity in the vicinity of Leisure Farm for the benefit of the general commuting public in Johor as well as Leisure Farm residents. In fact, it will be a huge boon to Leisure Farm residents as it will enable them to bypass Gelang Patah town thereby reducing their travel time in and out of Leisure Farm by 15 minutes, virtually putting Leisure Farm on the doorstep of Singapore,” added Eric Lee, Executive Director of Mulpha International. 

Gerbang Nusajaya has been planned and designed to be a sustainable development with catalytic enhancements strategically introduced in the area to support its transformation into a thriving and vibrant destination to work, live and play. These catalytic enhancements include components such as various residential precincts, namely Melia Residences; Nusajaya Tech Park – light to medium industrial parks; Fastrackcity – motorsports & lifestyle and many more. 

Petaling Jaya, Wednesday, 29 August 2018 -  In conjunction with the National Month Celebration, PLUS Malaysia Berhad (PLUS) launched its 2018 National Day and Malaysia Day Campaign at Persada PLUS, today.

PLUS Managing Director, Datuk Azman Ismail said, “The Campaign projects our aspiration in uniting and connecting the People through our safe and comfortable highway network. Our campaign is aimed at promoting unity and patriotism among Malaysians and love for the country through various programmes and activities.” 

Merdeka Photo Contest 
In conjunction with the Campaign, PLUS is organizing a ‘Kenali Malaysia, Sayangi Malaysia’ Photo Contest via Facebook and Instagram.

To participate, the public can post and share photos on patriotism and unity on their Facebook and Instagram pages accompanied by the #PLUSMerdeka2018 hashtag.

“The most powerful and captivating photo will stand a chance to win an iPhone X and 10,000 PLUSMiles points until 30 September,” explained Azman.

PLUS Unity Drive
The Campaign also consists of PLUS Unity Drive where PLUS staff will visit selected charity homes and community centres in central, southern and northern regions. During these visits, PLUS staff will organise various engaging activities with residents and present monetary contributions to each community centre. 

Unity Ribbon Wearing
“We are also collaborating with Projek57, a movement spearheading the wearing of Unity Ribbons in support of Orang Asli education and empowerment programs. Throughout this Campaign, all PLUS personnel will wear and display the Unity Ribbon as part of our efforts to support and promote unity among Malaysians,” Azman said.

Sayangi Malaysiaku Drive with Radio Personalities
PLUS is also initiating ‘Sayangi Malaysiaku Drive’ with radio announcers from Era.fm (DJ Hanif), Hitz.fm (DJ RD) and My.fm (DJ Jack). These personalities will travel and visit some places of interest along the PLUS highway network such as Bandar Hilir in Melaka, Ulu Bendul Recreational Forest in Kuala Pilah, Satay Willy Restaurant in Kajang, Arulmigu Sri Rajakaliamman Glass Temple in Johor Bahru, Iskandariah Palace in Kuala Kangsar, Mee Udang Restaurant in Sungai Dua and Sedim Tree Top Walk in Kedah. 

Merdeka Photo Gallery
Throughout the National Month, PLUS in collaboration with Arkib Negara will hold a Rukun Negara and National Day photo exhibition at the Sungai Buloh Overhead Bridge Restaurant.

“The photo gallery focuses on the Rukun Negara and its primary objective of being the key to unity of this Nation,” added Azman.

Special Merdeka Menu at Rest Areas
Additionally, PLUS Business Partners at its Rest and Service Areas will offer Special Merdeka Menu to celebrate the National Day and Malaysia Day until the end of September.

The PLUS Merdeka Campaign launch ceremony was officiated at Persada PLUS today by PLUS Chairman, Tan Sri Dato’ Mohd Sheriff Mohd Kassim.

Declares 6 sen Dividend

KUALA LUMPUR, 29 August 2018 – UEM Edgenta (“UEM Edgenta” or “Company”), a leading Total Asset Solutions company completed the first half (“H1 FY18”) of the financial year ending 2018 (“FY18”) with a strong performance, continuing its momentum from the previous quarter.

UEM Edgenta achieved H1 FY18 revenue of RM1.007 billion, which was 8.8% higher compared to H1 FY17. This is mainly due to additional highway maintenance work for the Infrastructure sector, revenue contribution from new contracts secured in the Healthcare sector in Singapore and Taiwan as well as the Real Estate sector.

Profit before tax (“PBT”) in H1 FY18 improved at a higher rate than revenue by 38.0% to RM90.2 million, against H1 FY17. This is driven by operational margin expansion for Infrastructure, Real Estate and Consultancy as well as interest savings from the repayment of a loan taken to acquire UEMS Pte. Ltd., the Commercial Healthcare arm of the Company. UEM Edgenta achieved a PBT margin of 9.0% in H1 FY18 compared to the prior year period of 7.1%.

Correspondingly, profit after tax in H1 FY18 stood at RM65.1 million and its balance sheet remains healthy, with a gross gearing ratio of 0.37 times. On the back of its half-year profits, UEM Edgenta has declared an interim dividend of 6 sen per share, equivalent to RM49.9 million, representing a payout ratio of 79% on H1 FY18 results. This is in accordance to the revised dividend policy of at least 50% and up to 80% payout ratio as announced by the Company in Q2 2018. The total dividend payout in FY17 (excluding special dividend) was 13 sen, which represents a yield of 5-6% based on current share price levels.

Moving forward, UEM Edgenta is optimistic to continue the growth momentum seen over the last two quarters, both in terms of driving revenue as well as improving profit margins via operational and organisational excellence initiatives.

PLUS & Visa launches cashless payment initiative pilot project

Dengkil, Tuesday, 28 August 2018:- Patrons and Visa contactless cardholders making a stopover at the Dengkil Rest and Service Area (Northbound) are now able to make contactless payment transactions when paying for their food, beverages and other products at the rest and service area. 

PLUS Managing Director, Datuk Azman Ismail said, “The launch of the contactless payment system via Visa payWave debit, credit and prepaid cards is part of a PLUS-Visa Malaysia collaboration to promote and encourage cashless payment which is widely accepted around the world.” 

Visa contactless payments enable patrons to perform easier, faster and more secure transactions at PLUS rest areas, beginning with the Dengkil RSA (Northbound).

“Each day, 62,000 vehicles ply the KLIA-Putrajaya stretch on the ELITE highway. We believe that the contactless payment system will bring convenience to the public, especially tourists who land at KLIA. Through this initiative, we expect 25 percent of the total number of transactions at the Dengkil RSA (Northbound) to be paid using Visa contactless payments,” Azman said.

According to Azman, the contactless payment system is expected to revolutionise the business landscape at PLUS rest areas. 

“Patrons at the Dengkil R&R (Northbound) will now have more options to carry out their transactions. PLUS Business Partners will also benefit from this move as the cashless system enables their business transactions to be conducted in a faster, easier and safer environment. They will also no longer have to deal with preparing small changes at their stalls, or worry about handling and storing large amounts of cash in their premises while they conduct their daily business operations,” explained Azman.

“We at Visa, are particularly excited to achieve this significant milestone with PLUS, the largest expressway operator in Malaysia and enable contactless acceptance to the new frontier of urban mobility,” said Ng Kong Boon, Visa Country Manager for Malaysia.   

“Rolling out Visa contactless acceptance to rest areas in Malaysia will make payments so much easier for tens of thousands of Malaysians and tourists who come by daily. Visa contactless payments is widely embraced by Malaysians, and we are seeing more than four million transactions a month. Malaysians are starting to appreciate how seamless, secure and easy it is to complete a payment transaction within seconds, simply by tapping and waving their Visa cards. Opening up more acceptance points with key partners like PLUS is crucial for us, so we can ensure Malaysians and tourists can use more digital payments in the country,” added Ng. 

Additionally, Visa payWave cardholders will also be able to enjoy RM1 off for each minimum transaction of RM2 at the rest area until 30 November 2018.

“We plan to introduce Visa contactless transaction at other PLUS rest areas in stages,” added Azman.

Revenue up by 21% compared to 1H 2017 contributed by property development and divestment of asset 
Profits improved compared to 1H 2017 driven by stronger revenue, higher margin from asset divestment, gain from projects’ development cost savings and lower operating expenses 
Sales increased by 69% compared to 1H 2017 mainly from Central region

KUALA LUMPUR, 28 August 2018 – UEM Sunrise Berhad (“UEM Sunrise” or the “Company”) today announced its financial results for the six months ended 30 June 2018 (“1H 2018”) where total revenue recorded for the period increased to RM861.1 million compared to RM711.2 million reported for the corresponding period in 2017, an increase of approximately 21%. Together with asset divestment, the revenue contribution from local property development remains strong. Profit after tax and non-controlling interests stood at RM239.1 million, a surge from RM13.5 million for the six months ended 30 June 2017 (“1H 2017”) driven by ongoing development profits, contribution from asset divestment and cost savings. 

Property development activities contributed half of the total revenue for 1H 2018, with Almãs at Puteri Harbour being the largest contributor, followed by Residensi Sefina in Mont’Kiara and Estuari Gardens, also in Puteri Harbour. The Southern and Central regions contributed equally towards the total development revenue. The Company no longer recognises revenue for its Australian projects based on progress completion. It is recognising upon completion and settlement in compliance with the adoption of the Malaysian Financial Reporting Standards effective 1 January 2018 for property developers. Revenue from asset divestment registered a contribution of 44% largely from the disposal of lands in Iskandar Puteri to Country View Berhad and RA Suria Sdn Bhd amounting to RM359.2 million; in line with the Company’s efforts to continuously pursue its asset divestment strategy as means of generating internal funds and channelling towards increasing its presence in the Central region. The Company recently acquired a 2.9-acre land in Mont’Kiara on 28 June 2018 in addition to the 72.7 acres of land acquired in Kepong in April 2018. 

Meanwhile, property development sales for the period was RM663.8 million, higher by 69% compared to the sales achieved in 1H 2017; whereby 45% was contributed by projects in the Central region mainly from Residensi Solaris Parq, Kondominium Kiara Kasih and Symphony Hills. Southern region contributed 27% largely from Serimbun, Estuari Gardens and Denai Nusantara, while international sales were mostly from its Mayfair project in Melbourne, Australia. The sale of completed properties including Estuari Gardens which is to be completed in the third quarter of 2018 accounted for 26% of total sales. As at 30 June 2018, unbilled sales stood at RM4.9 billion. 

To-date, UEM Sunrise has launched properties with a total Gross Development Value (“GDV”) of RM354.7 million; comprising mid-market double storey terraced houses in Iskandar Puteri, known as Serimbun and Kiara Kasih, a high-rise Rumah Wilayah Persekutuan (RUMAWIP) project in Segambut, Kuala Lumpur in February and March, respectively. The Company is on track to fulfil its commitment in launching RM1.0 billion worth of properties this year. 

Commenting on the financial results, Anwar Syahrin Abdul Ajib, Managing Director/Chief Executive Officer of UEM Sunrise said, “We are very pleased with our performance for the first half of the year. Profits have shown improvement compared to the same period last year driven by strong construction progress of Almãs, Residensi Sefina and Estuari Gardens, encouraging sales from inventories and realisation of cost savings initiative from various general and projects’ development cost. The gross gain on land disposal to Country View Berhad for RM310.0 million which we signed back in October 2017 to a certain extent cushioned the impact of the Group’s development cycle for Residensi Solaris Parq, Serimbun and Kondominium Kiara Kasih which are still at the early stages”. 

Touching on sales contribution, “We are on track to meet the RM1.2 billion sales target. As at end of June, our property sales have already exceeded half of the year’s target. 22% is contributed from this year’s launches; Serimbun and Kondominium Kiara Kasih, 52% is from ongoing projects while the remaining 26% is from our completed properties the likes of Symphony Hills in Cyberjaya, Residensi 22 in Mont’Kiara and collectively East Ledang, Nusa Idaman, Teega, Nusa Bayu including Estuari Gardens in Iskandar Puteri. We have been seeing a steady interest in our completed properties following our ‘Easy Own Plan’ campaign, the first series of our asset inventory monetisation scheme embarked in August 2017. This year, we launched the ‘A New Year, A New Home’ campaign in February and recently on 3 August 2018, we launched another one in conjunction with the celebration of the Company’s 50 years of community building”. 

He further added, “The latest campaign sees us offering special packages for seven of our properties, namely Estuari Gardens, Almãs, Teega, Residensi Ledang and Bayu Angkasa – all located in Iskandar Puteri, and Symphony Hills’ landed and Verdi Eco-dominiums in Cyberjaya, with a total of 335 landed and high-rise residences bearing a total GDV of RM386.2 million. On top of various value-added propositions, buying is made easy as down payments are affordable; ranging from RM1,000 to RM10,000 depending on property. These inventory monetisation schemes have continuously proven to be successful as we have managed to reduce inventories by 11% from RM609.7 million as at end of 2017 to RM544.9 million as at end of June 2018”. 

His comments on upcoming new launches, “We are committed to launch RM1.0 billion worth of properties this year, expected further launches centred in Central in the mid-market segment next year. Kepong, the 72.7-acre land which we acquired in April is at the planning stage and expected to be unveiled towards the end of the year with the launch of the first residential tower in 2019. In Mont’Kiara, riding on the success of Residensi Solaris Parq, we look forward to launch Residensi Astrea, a unique high-rise low-density condominium with built-ups ranging from 1,364 to 1,859 square feet, with an estimated GDV of RM326.7 million at the end of third quarter of this year. Eugenia, another phase of Serene Heights, Bangi, made up of double storey terraced homes with estimated GDV of RM54.8 million will also be launched in the same quarter”. 

On product launches in Iskandar Puteri, “We had a successful launch of Serimbun which as at today has already exceeded 65% take-up. We believe that there is strong demand for mid-market landed residential products. As such, we intend to introduce another similar development in quarter four this year called Iris Residences in Gerbang Nusajaya with an estimated GDV of RM95.3 million. In addition, we plan to launch our first commercial development located within the mature area of Taman Nusantara fronting the Southern Industrial and Logistics Clusters or SILC in quarter four as well. We believe that the RM136.7 million development will be well-received by the market”. 

On the Company’s landbank, “We have approximately 6,200 acres of land in Iskandar Puteri, currently in various stages of planning and development. About 3,000 acres is for development or selective divestment purposes with close to 2,250 acres in Gerbang Nusajaya alone. Being a master developer and landowner, we have the option to generate funds internally via our asset divestment strategy and utilise the funds to acquire lands outside of Johor. Towards this end, we continue to rebalance our landbank portfolio in Central with the purchase of the 72.7-acre land in Kepong, 2.9-acre land in Mont’Kiara recently, as well as 19.2-acre in Equine Park late last year”. 

In relation to the Company’s Australian projects, “We anticipate the completion of Aurora Melbourne Central’s first separable portion with GDV of AUD86.6 million in the third quarter of this year, while Conservatory with GDV of AUD318.5 million before year end. Progress completion is already at 73% and 78%, respectively as at end of June. For Mayfair, construction is expected to commence next year with completion expected in 2021”. 

 

KUALA LUMPUR, 19 August – In commemorating Malaysia’s 61st National Day celebration, UEM Group Berhad (UEM Group), an engineering-based infrastructure and services conglomerate, has continued its annual tradition where it has once again proudly displayed a giant Jalur Gemilang at its headquarters, Mercu UEM located at Kuala Lumpur Sentral. 

Measuring a mammoth 190 feet (w) x 93 feet (h), the giant Jalur Gemilang, which can be seen as far as Jalan Rakyat, Bangsar and Brickfields, demonstrates the Company’s enthusiasm, spirit of patriotism and sense of pride and love for the nation. 

The giant-sized Jalur Gemilang, which covers six floors of Mercu UEM, will be on display until 23 September 2018. 

EXPERIENCE GREAT VALUE WITH UEM SUNRISE HOMES

Attractive savings – Making homes more affordable
• In conjunction with celebrating 50 years of community building and delivering the next decade of excellence, about 300 units of UEM Sunrise homes with a holistic lifestyle experience, strategically located in prime areas at Cyberjaya and Johor Bahru, are up for grabs, offering attractive savings for customers.
• Public including foreigners and smart investors will be able to own brand new homes while experiencing great savings with prices from as low as RM293,000 making dream homes more affordable.
• This special offer will commence on 6th August for a limited time only.

KUALA LUMPUR, August 3, 2018 – UEM Sunrise Berhad (“UEM Sunrise” or the “Company”), one of Malaysia’s leading developers, will be offering great savings to the public and smart investors in conjunction with UEM Sunrise celebrating 50 years of community building and delivering the next decade of excellence. Smart buyers will now be able to own their dream homes at very affordable prices, with a down payment from as low as RM1,000. 
Speaking at a special media briefing, Anwar Syahrin Abdul Ajib, UEM Sunrise’s Managing Director/Chief Executive Officer said, “We, at UEM Sunrise are very committed towards building communities of the future by developing homes for families and promoting communities’ well-being. We also take pride in making our homes more affordable.  We believe that it is important for every citizen to own their home.”
“Our loyal card members, the Tresorians, who are also our repeat customers have been given a head start with a preview of these packages in appreciation of their continuous and invaluable support over the years. We strongly encourage the Tresorians to take this opportunity as they will enjoy special extra privileges exclusive for them only.”
This is in tandem with the government’s initiatives in advocating affordable housing to improve people’s lives by providing a good housing environment.  About 300 units of landed and high- rise, which are strategically located in prime areas, in Cyberjaya and Johor Bahru are up for grabs.  These properties are offered at great savings with prices starting from RM293,000. Potential customers can enjoy exciting social and living spaces with good connectivity created with holistic lifestyle experiences. 
In celebrating 50 years of community building and delivering the next decade of excellence, Anwar Syahrin said, “We believe in the importance of giving back to the society and at this juncture we want to offer easier ownership. We want Malaysians to have the opportunity to live in an integrated and community living homes of high quality with good connectivity and accessibility.”
Customers can also enjoy great savings as they are able to purchase properties that are located in prime areas of high growth value. Within the southern region, namely in Iskandar Puteri, developments such as Teega Puteri Harbour, Almas Puteri Harbour, Estuari and Bayu Angkasa are up for grabs.
Potential customers will be able to enjoy attractive freebies and own their dream homes with a down payment ranging from as low as RM1,000 for Bayu Angkasa, RM5,000 for Verdi and Symphony Hills; and RM10,000 for Estuari Gardens, Residensi Ledang, Teega Puteri Harbour and Almãs Puteri Harbour.
No. Properties Region  Down Payment

1. Teega Puteri Harbour Southern – Iskandar Puteri  RM10,000
2. Almãs Puteri Harbour Southern – Iskandar Puteri RM10,000
3. Estuari Gardens Puteri Harbour  Southern – Iskandar Puteri RM10,000
4. Residensi Ledang Puteri Harbour Southern – Iskandar Puteri RM10,000
5. Verdi Eco-dominiums Central – Cyberjaya RM5,000
6. Symphony Hills  Central – Cyberjaya RM5,000
7. Bayu Angkasa (Medium Cost) Southern – Iskandar Puteri RM1,000

Teega Puteri Harbour boasts of a modern contemporary and holiday resort like environment with breath-taking premium views of marinas and park. It encompasses condominium units of three 35 storey towers and 3-storey cabana units.  Teega Puteri Harbour is set to be the preferred contemporary waterfront living in Iskandar Puteri.
Almas Puteri Harbour is another development that is designed to provide residential and commercial components through its four features, namely, residences; suites; modern offices and a retail boulevard link. They are well connected to the marina promenade and a 15-acre linear park. Almas is a 34 storey residential block, towering atop seven stories of car park and a facility podium that offers a stunning skyline view.
Estuari Gardens which sprawls across 394 acres in Iskandar Puteri is designed to provide a wholesome resort living experience within nature’s embrace. Bayu Angkasa, another medium cost property is a development project that aspires to provide a lifestyle of a modern suburban living and offers residents a high quality yet affordable homes where they can work, live and play in Puteri Iskandar. In short, it is the ideal choice for first time buyers because of its affordable ownership plan.
Residensi Ledang is another development that boasts excellent connectivity in Iskandar Puteri which offers communities integrated living with a wholesome lifestyle experience.  It has been designed to enhance lives, not just lifestyle. Everything that you dreamt of with inclusiveness for a good balance in life can be experienced here with loved ones.
For discerning home buyers who want a property in Cyberjaya, there are two developments. There are the Verdi Eco-dominiums, which is the high-rise boutique that encompasses smart living; and Symphony Hills a low density mixed residential development.   Symphony Hills is adorned with its signature garden equipped with high-speed fibre optic infrastructure and smart home amenities.
Bayu Angkasa, another medium cost property is a development project that aspires to provide a lifestyle of a modern suburban living and offers residents a high quality yet affordable homes where they can work, live and play in Puteri Iskandar. In short, it is the ideal choice for first time buyers because of its affordable ownership plan.
 “We believe smart buyers will benefit from these purchases as they are able to enjoy the great value and savings as these properties are strategically located and are well connected. We are confident that these properties will be snapped up fast. Don’t miss the opportunity to own a dream home while enjoying tremendous savings,” concluded Anwar Syahrin.

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