PLUS, FIRST MALAYSIAN HIGHWAY TO RECEIVE ISO 39001:2012 FOR ROAD TRAFFIC SAFETY MANAGEMENT SYSTEM (RTSMS) CERTIFICATION
PLUS Malaysia Berhad (PLUS) is the first highway in the country to be accredited with ISO 39001:2012 Road Traffic Safety Management System (RTSMS) standard by the National Institute of Occupational Safety and Health (NIOSH). This achievement reaffirms its international recognition as the first Asia Pacific Highway to win the Prince Michael International Road Safety Award in December last year.
PLUS Managing Director, Datuk Azman Ismail received the certification from the Chairman of National Institute for Occupational Safety and Health (NIOSH), YB Alice Lau Kiong Yieng in conjunction with the OSH Unity and Sustainability programme recently.
As Malaysia’s largest highway company serving over 1.7 million customers daily and with a staff strength of 4,000 personnel, PLUS has leveraged on the 3E’s approach which encompass Engineering, Education and Enforcement in managing safety on its highway since 2017.
PLUS has rolled out a series of short-term and long-term initiatives to improve road safety by reducing the severity of road traffic crashes using the International Road Assessment Programme (iRAP) Rating standard as a benchmark for road improvement.
While for prevention of human errors especially among highway workers, PLUS collaborated with NIOSH and co-developed the Expressway Operations Safety Passport (EOSP) programme, which increased the safety awareness of the highway team. This EOSP certification is mandatory for all roadside workers on PLUS highways before they can enter their respective work zones.
Additionally, the strategic collaboration between PLUS and the authorities to enforce and enhance road safety on PLUS highways reaped the desired results as it has the lowest accident rates (i.e. 2.4%) compared to other roads and highways nationwide. PLUS has embarked on leveraging the use of modern technology to enhance its highway operations and services via digital transformation, from its highway patrol vehicles, traffic monitoring centre modernisation and upskilling the digital capabilities of the employees.
Malaysia's Social Security Organisation (SOCSO) also received the same certification, while 26 other companies received certification for the ISO 45001:2018 for Occupational Health and Safety Management System, ISO9001:2015 for Quality Management System, and the ISO14001:2015 for Environmental Management System from NIOSH.
UEM EDGENTA REGISTERS STRONG Q4 PERFORMANCE, FULL YEAR PROFIT UP 23%
Kuala Lumpur, 26 February
UEM SUNRISE UNVEILS STRATEGY TO DRIVE GROWTH AND SALES TO BE MALAYSIA’S TOP DEVELOPER
UEM Sunrise Berhad (“UEM Sunrise” or the “Company”) today unveiled its strategy to drive growth and sales for the year 2020 with the media at a briefing session held at Kiara Bay. The Company is focused on delivering quality and exciting products to their customers while they continue to enhance UEM Sunrise’s brand value with the recent launch of an immersive rebranding exercise to unveil UEMS 2.0.
As UEM Sunrise embarks on its ten-year business cycle and in conjunction with the 50th anniversary since its founding, the company resets the organization for the next growth story. The tagline “Find Your Happy” is now an important part of the UEM Sunrise brand moving forward. It represents the company’s efforts to design, create and curate spaces for their customers, partners and stakeholders so that they can prosper, grow and find happiness.
The Company had previously launched its new, colourful and vibrant UEM Sunrise brand values (Caring, Honest, Involved, Enthusiastic and Fun-Loving or CHIEF) in an internal town hall last week in which all 1,100 staff have been duly appointed as “Chief Happiness Officers”.
“UEM Sunrise’s (UEMS) brand story is at heart, one of belief, optimism and resilience. As the pioneer developer of Mont’Kiara and Iskandar Puteri, we have shown the importance of a strong vision and strength in execution to create what stands today as transformative developments emulated and copied by many, a perfect example of how we create value through strong vision and mission,” said Anwar Syahrin Abdul Ajib, Managing Director/ Chief Executive Officer of UEM Sunrise.
“Through trials and errors, and years of experience, we have learned that one of the keys to success in the property sector is to be close to your customers. We cannot think that we know what is best for our customers all the time. Owning a house involves a lot of money and most of the time, it involves a person’s life savings. We must be sensitive of this fact and ensure there is capital appreciation in the products we sell by keeping ahead of trends and generational shifts. When this happens, then there will be brand loyalty and more opportunities will come our way. Furthermore, with an increasing middle-class base in the country, the level of sophistication has grown too, and Malaysians are now more educated and well-travelled both physically and virtually through technology,” added Anwar.
UEM Sunrise’s rebranding efforts are fueled by their desire to do and be even better than before, particularly after their internal restructuring efforts under the New Operating Model (NOM). As a result, the new UEM Sunrise is leaner, flatter, more agile and has changed the way they do work. In meeting UEM Sunrise customers’ high expectations, the Company plans to evolve from being a pure property developer to a full-fledged Real Estate player - from building houses to a company that operates in multi-asset classes, explore options to grow the business either by expanding geographically, acquire high yield assets, pursue vertical integration etc.; and work with other strong brands to tap on their competencies and networks, which can help elevate the UEM Sunrise brand; and increase their sustainability efforts which are evident in most of their latest projects.
The Company is confident that this rebranding exercise will have a positive impact and have identified several areas to strengthen and help boost their sales:
· Residential - build on their competencies as a master-developer and high-rise expert to create more of our iconic Mont’Kiara townships in the local and international market;
· Retail - leverage on Publika’s DNA and replicate this in the new retail assets that they will venture in;
· Commercial – serve the niche market and select the location that they would want to be in e.g. fringes of CBD Australia, etc.;
· and Industrial – intensify their efforts in the industry by exploring new business models e.g. Build-to-Sell, Build-to-Lease, JV/Partner with industrial experts e.g. Axis, Maple Tree to curate best-in-class industrial developments and more.
In the final quarter of 2019, UEM Sunrise has shown resounding financial performance with total revenue recorded for the year increased to RM2,909 million compared to RM2,044 million for the financial year ended 31 December 2018 (“FY2018”) mainly driven by the completion and settlement of Aurora Melbourne Central and Conservatory in Melbourne, Australia. At the local front, the construction progress of Residensi Solaris Parq, Residensi Astrea, and Kiara Kasih are underway, replenishing the revenue of previously completed projects.
Meanwhile, 81% of the Company’s total revenue is from property development activities; 69% from Aurora Melbourne Central and Conservatory, followed by 16% from Central, mainly Symphony Hills in Cyberjaya, Residensi Solaris Parq in Mont’Kiara and Serene Heights Bangi. The remaining 14% is from the Southern region mostly Serimbun, Aspira LakeHomes and Denai Nusantara, in Iskandar Puteri.
For the year 2020, UEM Sunrise will continue to leverage on their expertise and competencies as township master planners to focus on their key growth areas – Gerbang Nusajaya, Aspira, Puteri Harbour, Kiara Bay. The Company plans to transform these areas into urban integrated livable ecosystem developments.
UEM Sunrise targets to launch a total GDV of RM2.0 billion focusing on mid-market landed mainly the Aspira themed products and a new mid-market landed development, Senadi Hills, both in the Southern region, in addition to new phases at Serene Heights Bangi in Central. They will also be launching Residensi Allevia in Mont’Kiara and Residensi Equine 9 in Seri Kembangan, including Solaris Parq’s first office block.
In cognisance of the prevailing market conditions, particularly the business and household sentiment, UEM Sunrise also believes in opportunities of new project launches to ensure the sustainability of their business and to maintain a strong balance sheet.
Divestment of non-strategic lands and assets as well as land portfolio rebalancing, remains one of the Company’s key strategies. There is also a lot of consideration going into their divestments to ensure that there is continuity of the intended purpose of what the asset has been earmarked. This will ensure that there is growth and continuous economic activities. Proceeds will be channeled for new ventures and opportunities which will include to secure new landbanks in hotspot areas including Melbourne, Sydney and London.
Taking into consideration the outlook for the industry, oversupply will still be an issue and will be the platform in showcasing UEM Sunrise’s resilience.
“The market will eventually absorb the overhang but in the meantime, this will be what that separates the developers with a good track record of delivering quality products on time and a healthy balance sheet from the others. At the end of the day, UEM Sunrise must be the top of mind when it comes to being the top developer that inspires happiness,” said Anwar.
UEM SUNRISE BRINGS FUN LEARNING OF ENGLISH THROUGH DRAMA AT ADOPTED SCHOOLS
ISKANDAR PUTERI, JOHOR, 24 February 2020 – In the latest effort to encourage the learning of English among schoolchildren, UEM Sunrise, one of Malaysia’s leading property developers and master developer of Iskandar Puteri, launched the “Highly Immersive Programme” (HIP) at several of their adopted schools.
HIP is an English speech and drama club workshop programme designed and run by Enfiniti Academy to instil confidence in Malaysian students to speak and express themselves in English. The Education Ministry-certified programme has proven to be impactful where there have been significant improvements in student attendance, academic performance, social skills, creativity and communication in English.
In cognizance of this, UEM Sunrise has partnered with Enfiniti Academy to run HIP at three of their adopted schools under the PINTAR School Adoption Programme which include SK Ladang Pendas, SJKC Ming Terk and SJKT Gelang Patah. This programme will touch the lives of 180 students and 18 teachers, who in turn, can share with their entire respective schools.
In kicking off the HIP programme at Mall of Medini, guest of honour Yang Berhormat Tuan Aminolhuda Hassan, Johor Committee Chairman of Education, Health, and Human Resources commended UEM Sunrise on their steadfast commitment to the Education Ministry’s vision of the mastery of English among its students.
”I hope that programmes such as this will increase the will within the students to learn and master the English language, and at the same time, develop them into knowledgable leaders of the future. With that, it is only apt that I say that initiatives like this must be continued and be an example to other organisations, especially those in the private sector in bolstering the Government’s efforts,” he said in his speech.
The Education Ministry has identified the need for English proficiency and crafted the English Language Education Reform in Malaysia: The Roadmap 2015-2025 as an indication of the nation’s determination to enhance, build, develop and sustain the quality of English language education.
On behalf of UEM Sunrise, Zamri Yusof, Chief Operating Officer (Southern) said that although English is an international language and the second language after Bahasa Malaysia locally, its importance cannot be taken lightly when it is used by almost the entire world as a language of global commerce and international trade.
“Students who will be the future leaders of this country will need to have good mastery of English to maintain effective international relations in all aspects of the country’s growth,” he said.
Zamri added that HIP program is also part of UEM Sunrise’s efforts in bringing its customers and the community on a journey to find joy and delight in everything that they do in line with its ‘Find Your Happy’ rebranding efforts. Training students to speak English with confidence through drama workshops will bring the kind of happiness that will influence the entire school, their parents and the community at large.
Joanna Bessey, Head of Infiniti Academy is also heartened by UEM Sunrise’s support. “I would like to applaud UEM Sunrise, the Ministry of Education, English Language Teaching Centre Malaysia (ELTC), PEMANDU and PADU for making highly immersive, wholistic arts education possible for schools. I sincerely hope all students will benefit from it, in the same way I did,” she said in her speech.
The UEM Sunrise’s PINTAR School Adoption Programme was launched back in 2008 and is the property developer’s longest-running Corporate Social Responsibility (CSR) programme. The programme has helped to raise the adopted schools’ academic performance and improve the education quality for underserved students. This is achieved through hands-on implementation of key initiatives and programmes. Out of the 21 adopted schools which are located in the Southern and Central regions, 14 have upgraded from a BAND 5 to BAND 2 or 1 ranking.
It embraces the Company’s three-pronged CSR Strategy - Education Enhancement, Community Engagements and Environmental Conservation. Its Education Enhancement programme is based on the firm belief that education is a fundamental human right and must be extended to every child regardless of gender, race, religion or economic status. This initiative is a part of UEM Sunrise’ commitment in support of the Sustainable Development Goals spearheaded by the United Nations.
In collaboration with its strategic partners, UEM Sunrise has also accomplished several notable CSR milestones and projects, including the BukuhUb, Bijak Al-Quran programme, Educational Aid programmes with orphanages, Iskarnival, Back to School programmes, community outreach programmes, festive events and celebrations as well as crime prevention and safety talks.
UEM SUNRISE REVENUE UP BY 42% TO RM2.9 BILLION FOR THE FINANCIAL YEAR ENDED 2019 BACKED BY STRONG SETTLEMENT OF AUSTRALIAN PROJECTS
REVENUE UP BY 42% TO RM2.9 BILLION FOR THE FINANCIAL YEAR ENDED 2019 BACKEDBY STRONG SETTLEMENT OF AUSTRALIAN PROJECTS;NET GEARING IMPROVED TO 0.32X
KUALA LUMPUR, 24 February 2020 – UEM Sunrise Berhad (“UEM Sunrise” or the “Company”) today announced its financial results for the financial year ended 31 December 2019 (“FY2019”) where total revenue recorded for the year increased to RM2,909 million compared to RM2,044 million for the financial year ended 31 December 2018 (“FY2018”) mainly driven by the completion and settlement of Aurora Melbourne Central and Conservatory in Melbourne, Australia. At the local front, the construction progress of Residensi Solaris Parq, Residensi Astrea, and Kiara Kasih are underway, replenishing the revenue of previously completed projects.
Profit after tax and non-controlling interest (“PATANCI”) is RM224 million for FY2019. Excluding a one-off full impairment of RM51 million from its 40% equity interest in the BioXCell development in the Southern Industrial Logistics Cluster (“SILC”) in Iskandar Puteri, as well as costs related to organisation restructuring in 2019 and unrealised foreign exchange loss amongst others, PATANCI stood at RM303 million.
81% of the Company’s total revenue is from property development activities; 69% from Aurora Melbourne Central and Conservatory, followed by 16% from Central, mainly Symphony Hills in Cyberjaya, Residensi Solaris Parq in Mont’Kiara and Serene Heights Bangi. The remaining 14% is from the Southern region mostly Serimbun, Aspira LakeHomes and Denai Nusantara, in Iskandar Puteri.
Sales for the year is RM1,134 million including the sale of five industrial plots in SILC. This is a shortfall to the RM1.2 billion sales mark as the FY2019 target included the sale of Mayfair in Melbourne. The Company divested the Mayfair’s site for AUD107 million to unlock its value and free up cash for other investment and venture prospects.
In terms of sales breakdown, more than half of the sales is contributed from the Central region, mainly from Symphony Hills, Residensi Solaris Parq and Residensi Astrea. The Southern region contributed 44% largely from Aspira ParkHomes, Estuari Garden and commercial development 68 Avenue, while the remaining 2% is from Conservatory. The Company launched projects with a total Gross Development Value (“GDV”) of RM1.2 billion in 2019 and as at 31 December 2019, its unbilled sales stood at RM1.8 billion.
Commenting on the financial results, Anwar Syahrin Abdul Ajib, Managing Director/Chief Executive Officer of UEM Sunrise said, “We are pleased with our results having improved our revenue by 42% to RM2.9 billion, largely supported by the strong settlement of Aurora Melbourne Central which accounted for RM1.3 billion of the total revenue, and a settlement rate of 97% to-date. We still have around AUD36 million pending settlement in addition to AUD125 million from the en-bloc disposal of its serviced residential component to Scape Australia Management Pty Ltd, the largest asset owner and investor of the Purpose-Built Student Accommodation sector in Australia, which is expected to complete in April 2020. We also plan to retain the retail component valued tentatively at AUD42 million for recurring income purposes. Conservatory is 99% sold with a settlement rate todate of 89%. Around AUD43 million is still pending settlement. We are confident that we should be able to achieve full settlement for both Aurora Melbourne Central and Conservatory by year end”.
“Our gearing has improved tremendously with the completion of the Australian projects as the financing for both have been fully settled, improving the net gearing to 0.32x. Our prudent management of cash gave us a healthy cashflow allowing us to focus on other potential investments since we are in the position to take on bigger and more profitable ventures”.
Touching on sales contribution, “Sales for the period was mainly from local developments due to the cancellation of Mayfair in August last year. Despite the exclusion of Mayfair, we managed to rake in RM1.1 billion worth of local sales which we see as positive in light of the current property market sentiment. Furthermore, 35% of our total sales was from completed properties, proving that our inventory monetisation efforts have been successful as our inventories reduced by 21% compared to FY2018. The biggest interest was on our high-rise residential development Verdi Eco-dominium in Symphony Hills, Cyberjaya which saw a reduction of 51% in its inventories. The Home Ownership Campaign was also beneficial as it contributed 43% to our total sales. This year, we are targeting total sales of RM2.0 billion including the disposal of industrial plots in SILC”.
He further shares his aspirations for Kiara Bay, “We plan to transform the area into an urban integrated livable ecosystem development applying our competencies and experience as master developers for Mont’Kiara and Iskandar Puteri in Kiara Bay. The first step we took was to join forces with AEON Big (M) Sdn Bhd, Starbucks Malaysia and four prominent 5G providers including Telekom Malaysia Berhad and Celcom Axiata Berhad in collaboration with WeChat as the technology platform provider. They are keen to provide their services in Kiara Bay. We have also commenced construction of a 1.3-km internal road which will eventually connect to Jalan Kepong improving connectivity as the road will lead to the Kepong Baru and Jinjang MRT stations. This benefits our future residents as the stations will be 5 minutes away from Kiara Bay. Our partner has also informed us that plans for the first interchange from MRR2 have been submitted and construction is targeted to commence before year end. These initiatives should pave the way for Kiara Bay to be the new heartbeat of Kuala Lumpur”.
On new project launches, “Last year we launched RM1.2 billion worth of projects, all landed mid-market properties priced from RM500,000 per unit except for high-rise Residensi AVA in Kiara Bay. For 2020, we are targeting to launch a total GDV of RM2.0 billion focusing on mid-market landed mainly the Aspira themed products and a new mid-market landed development, Senadi Hills, both in the Southern region, in addition to new phases at Serene Heights Bangi in Central. Sales for these products have always been encouraging. We will also be launching Residensi Allevia in Mont’Kiara and Residensi Equine 9 in Seri Kembangan, including Solaris Parq’s first office block. We take note of the prevailing market conditions, particularly the business and household sentiment, but we also believe in opportunities of new project launches to ensure the sustainability of our business”.
He added, “Divestment of non-strategic lands and assets as well as land portfolio rebalancing, remain one of our key strategies. For this year, we have earmarked several assets for divestment purposes estimated between RM400 to RM500 million including our lands in Kajang and Seputeh as well as pocket lands in Southern and we target to channel the proceeds for new ventures and opportunities".
The Company takes cognisance of the soft property market in the year ahead and will exercise prudence in facing the challenging environment. It will also continue to consolidate margins through smart spending activities, and to keep ahead of market trends through customer-centric approaches.
UEM SUNRISE FURTHER EXPANDS READING INITIATIVE TO SMK MEDINI
ISKANDAR PUTERI, JOHOR, 13 February 2020 – Further expanding the bid to encourage a reading habit among the young, UEM Sunrise, one of Malaysia’s leading property developers and master developer of Iskandar Puteri, launched the 11th BukuhUb at Sekolah Menengah Kebangsaan Medini together with Deputy Education Officer, Tuan Haji Ahmad Taufik Hamzah from the Johor Bahru District Education Department.
BukuhUb, a community project and UEM Sunrise’s first CSR flagship programme, aims to enhance the living environment of the community while cultivating the habit of reading. It embraces the Company’s three-pronged Corporate Social Responsibility (CSR) Strategy - Education Enhancement, Community Engagements and Environmental Conservation. Its Education Enhancement programme is based on the firm belief that education is a fundamental human right and must be extended to every child regardless of gender, race, religion or economic status. This initiative is a part of UEM Sunrise’ commitment to support the Sustainable Development Goals spearheaded by the United Nations.
“The BukuhUb program is a UEM Sunrise community initiative to build mini libraries or reading corners to make reading materials more accessible to the local community,” said Zamri Yusof, Chief Operating Officer (Southern) of UEM Sunrise.
He added that the initiative is also part of UEM Sunrise’s efforts in creating a delightful journey and experience for customers and stakeholders in line with its ‘Find Your Happy’ rebranding efforts. It is identified that a happy community is one that is sustainable and vibrant.
“Surely the BukuhUb programme will see Malaysian youths spend their leisure time in a beneficial activity and come together in their pursuit of knowledge at a location that is close to them,” he said.
Marking UEM Sunrise’s commitment in empowering the community as the master developer of Iskandar Puteri, the BukuhUb in SMK Medini is the fifth to be set up in Johor since its inception last year. After having organised a successful BukuDrive programme last year at which more than 10,000 books were collected for this initiative, the BukuhUb in SMK Medini will be well-stocked with at least 2,000 titles from various genres for the young adult readers.
In his speech, Ahmad Taufik Hamzah commended UEM Sunrise for their efforts and commitment in making BukuhUb a resounding success. “This initiative by UEM Sunrise to carry out the BukuhUb programme is in line with the Malaysia Government’s vision to encourage a reading habit by the year 2030,” he said.
He added that the BukuhUb will also instil integrity among students as the books can be taken out without record unlike those at full-fledged libraries. “We need to entrust the public and our children, and BukuhUb is the way to pioneer this culture,” he said.
Also in line with the Ministry of Education’s vision of making 2020 to 2030 the “Dekad Membaca Kebangsaan” or National Decade of Reading, there are plans afoot to explore the possibility of expanding the reading experience to include digital books, free Wi-Fi and more at selected BukuhUbs. More activities are also in the pipeline to make reading fun and engaging.
In collaboration with its strategic partners, UEM Sunrise has also accomplished several notable CSR milestones and projects, including the PINTAR School Adoption Programme, Bijak Al-Quran Programme, Educational Aid Programme with Orphanages, Iskarnival, Back to School Programme, Community Outreach Programme, festive events and celebrations as well as crime prevention and safety talks.
PLUS CONSTRUCTS NEW MEDIAN CONCRETE BARRIER ON ELITE TO IMPROVE SAFETY
As part of PLUS Malaysia Bhd’s (PLUS) continuous efforts to improve safety through “Engineering” is the construction of a new median concrete barrier on the highway between Seafield and Ebor Interchanges on the ELITE highway to reduce the possibility of heavy vehicles from cross-bound traffic incidents.
To facilitate the construction of these median concrete barriers, the right lane between KM3.70 and KM5.45 (Northbound) along the stretch has been closed to all vehicles. The closure is also to enable safer site preparation works and planned construction of the median barriers which is targeted for completion in Quarter 3 (Q3) this year.
As such, customers are strongly advised when passing through the stretch to plan their journey, follow all traffic signages and speed limit at the area and instructions by PLUS personnel.
The decision to introduce median concrete barriers at the designated stretch in place of the existing median guardrails is part of an initiative to improve safety at the stretch. Median concrete barriers can reduce the possibility of heavy vehicles crossing over to the opposite lanes during crashes, thereby reducing the risk of other vehicles being impacted during such incidences.
PLUS is grateful and appreciates the co-operation of all highway customers throughout the construction period and their support in ensuring that the traffic flow is as smooth as possible.
#PILIHINTEGRITITIADATOLERANSI PLUS Anti-Bribery Anti-Corruption pledge on its Integrity Day
PLUS Malaysia Bhd (PLUS) management and its employees together with over 400 business partners, vendors, contractors, regulators and government officials took an oath to be free from corruption with an Anti-Bribery Anti-Corruption (ABAC) pledge in the presence of the Malaysian Anti-Corruption Commission (MACC) during its Integrity Day ceremony recently.
PLUS Managing Director, Datuk Azman Ismail stated strongly, “PLUS holds a zero-tolerance position against all forms of bribery and corruption. Real integrity is doing the right thing when nobody is watching. As a reminder, we have devised the tagline of #pilihintegrititiadatoleransi. I personally believe, for any organisation to thrive and be of value to the society, its leadership must whole heartedly embrace the value of integrity as it is a crucial ingredient in driving truth and transparency in everyday work life.”
The signing of the PLUS Corruption-Free Pledge was led by Datuk Azman followed by representatives from PLUSRonda, PLUS Customer Service Assistants (CSA), PLUS business partners and vendors.
This was followed by the recital of the Corruption-Free Pledge by Datuk Azman and witnessed by the Deputy Chief Commissioner (Prevention) of MACC, Dato’ Shamshun Baharin Mohd Jamil, Deputy Commissioner (Director of Community Education Division) of MACC, Razim Mohd Noor, Assistant Commissioner (Deputy Director of Agency Integrity Management Division) of MACC, Mohamad Ahmad@Puteh together with the Deputy Director-General of the Malaysian Highway Authority (MHA), Ir Abdullah Hashim, PLUS Chairman, Dato’ Mohamad Nasir Ab Latif and PLUS Chief Governance and Risk Officer, Satpal Singh.
To strengthen its corporate governance practice, PLUS has successfully set up a Governance, Risk and Compliance Committee at Board level supported by a dedicated Governance and Integrity Unit in line with MACC Guidelines and the National Anti-Corruption Plan.
PLUS has also recently launched an Anti-Bribery and Corruption (ABAC) Guide which outlined PLUS’ 10 key integrity principles. To inculcate the value and practice of integrity among PLUS personnel, the company embarked on a comprehensive exercise to provide over 112 face-to-face training for all 3,800 employees in 17 PLUS regional and section offices nationwide.
"PLUS is on track to achieving the MS ISO 37001 standard through the adoption of best anti-bribery and corruption practices. PLUS efforts and initiatives in combating bribery and corruption cannot be done alone, therefore, all parties who deal with PLUS are invited to cooperate in creating a healthy, conducive and ethical ecosystem," added Datuk Azman.
UEM EDGENTA AS THE MARKET LEADER IN ENERGY EFFICIENCY TO SUPPORT GOVERNMENT IN ITS SUSTAINABILITY INITIATIVES
Kuala Lumpur, 7 February - UEM Edgenta Berhad (“UEM Edgenta” or “Company”), the region’s leading Asset Management and Infrastructure Solutions company will continue to explore potential opportunities related to reduction of greenhouse gas emission and assist the government in lowering its electricity costs and operational carbon footprint. This is in support of the Ministry of Energy, Science, Technology, Environment and Climate Change (“MESTECC”) agenda, through the National Energy Efficiency Action Plan which targets to achieve 8% savings from energy efficiency by 2025.
The Company currently provides energy management services at numerous government and privately-owned assets across Malaysia. Key assets under its care include, among others, a network of Ministry of Health (“MOH”) hospitals in Perak, Kedah, Penang and Perlis, industrial facilities such as PROTON’s Centre of Excellence at the Sime UEP Industrial Park and its Tanjung Malim manufacturing plant, and the award-winning Perdana Putra building (Prime Minister’s Office).
Under the Company’s energy management services programme, which is delivered by its subsidiary, Edgenta Greentech Sdn. Bhd., UEM Edgenta is able to retrofit ageing and inefficient buildings with energy management technologies and has the experience to adopt solutions at scale. This is also made possible via the Company’s Energy Performance Contracting (“EPC”) structure, an innovative, turnkey financing concept of shared savings which helps building owners overcome upfront capital commitment with fast results. The Company’s EPC initiative has accumulated over RM55 million in electricity savings across its adoption at public and private assets from 2017 to 2019.
“We offer assurance and peace of mind to our clients from both the public and private sectors. Technology has enabled us to introduce solutions which have a proven ability to positively impact energy performance of buildings designed and built in the past which are in need of today’s advanced tools. That is where we come in with the capability to retrofit ageing and inefficient buildings at scale and deliver on sustainability-centric results such as reducing energy use and carbon footprint,” said Dato’ Azmir Merican, Managing Director / Chief Executive Officer of UEM Edgenta Berhad.
He was speaking at a meeting with YB Puan Yeo Bee Yin, MESTECC Minister at UEM Edgenta Headquarters in Kuala Lumpur, yesterday.
“We want to make a difference and support MESTECC as there are opportunities which UEM Edgenta can explore in partnership with the Government to lead the way in energy efficiency initiatives, starting with its vast network of assets and elevate them to become certified green buildings. To produce results at scale, we are ready to work with local, home-grown small-medium enterprises (“SMEs”) in the energy sector and develop their capabilities by using the Edgenta Academy as our industry development platform to nurture human capital through structured programmes intended to institutionalise world-class standards of our service delivery”, added Dato’ Azmir Merican.
UEM Edgenta’s Asset Management segment is represented by its Property & Facility Solutions (“PFS”) and Healthcare Support divisions. PFS is focused to enhance clients’ asset value through optimising asset performance and has over twenty years of experience in providing integrated facility management, energy management and green building certification services. Apart from office buildings and hospitals, its clients also include those in the industrial, manufacturing and hospitality sectors, among others.
The Company’s Healthcare Support division is internationally certified to provide non-clinical services to healthcare institutions and presently serves over 300 hospitals in Malaysia, Singapore, Taiwan and India. In Malaysia, under the national hospital support services concession, UEM Edgenta has actively introduced energy efficient solutions at MOH hospitals it currently manages located in Northern Peninsular Malaysia. This is in line with MOH’s Energy Management Programme introduced as part of the new concession agreement in place since 2015. For the period of January 2017 to November 2019, the Company has generated RM41.1 million savings for MOH and has successfully reduced carbon emissions at these hospitals to the tune of approximately 72.2 million kilo tonnes of carbon dioxide.
In addition to reducing carbon emissions, the Company has also initiated the increase of green space and planting carbon-breathing plants within the hospital compound. With the initiative driven by MOH, UEM Edgenta has put in place the adoption of Solar Photovoltaic Systems for electricity usage, Rainwater Harvesting for watering the plants; and Food Waste Composter to convert waste to bio-organic fertiliser, among other sustainability-centric initiatives as part of its collaboration with MOH. Most notably, these initiatives have led to Hospital Sultanah Maliha in Langkawi becoming the first in Malaysia to be recognised as a Green Hospital under the Existing Building; Operation and Maintenance (EBOM) from Leadership in Energy and Environmental Design (LEED), the most widely used green building rating system in the world.
The Company is a leader in Environmental and Energy Design having implemented smart building technology in key landmarks including Perdana Putra, a Green Building Index Platinum-rated building that has earned UEM Edgenta the ASEAN Energy Awards 2018 and National Energy Awards 2018. UEM Edgenta also undertook a Design and Build contract of a 4-storey Memorial Tun Hussein Onn to replace the existing structure, which was designed in accordance to fit Green Building Index requirements.
UEM SUNRISE ENHANCES URBAN LIVEABILITY AT KIARA BAY THROUGH KEY COLLABORATIONS
KUALA LUMPUR – 5 FEBRUARY 2020: UEM Sunrise today took a big step forward in their efforts to solidify their urban liveability ecosystem concept in their flagship development, Kiara Bay, by announcing their strategic partnership with both local and international brands.
This first milestone of the integration of this concept will be bolstered by renowned brands such as AEON Big, Starbucks, Celcom Axiata Berhad (Celcom), Telekom Malaysia (TM), TNB Energy Services (TNBES), TIME dotCom, and in collaboration with technology platform provider, WeChat, through their preferred partner APAC Venture, providing their services in Kiara Bay.
Based on the international benchmarks of the Urban Liveability standard, Kiara Bay has meticulously incorporated unique features into its development to create a community with a healthy and thriving environment. These features can be grouped into six pillars: Accessibility and Sustainable Mobility, Diverse and Sustainable Local Economy, Education and Wellness, Technology, Culture and Environment, Liveable Neighbourhoods, and Inclusive Communities.
AEON Big and Starbucks will be the anchor tenants for the interim retail at Kiara Bay, while WeChat plans to set up a smart food ordering system which contributes towards the convenience and lifestyle. Celcom as the preferred connectivity and smart solutions provider, will work towards creating a digital ecosystem that is seamless for individuals, residences and businesses alike with its converged 5G solutions, which are expected ready to roll out as Kiara Bay’s development completes in 2023. In the efforts to be environmentally sustainable, GreenTech Malaysia and TNB Energy Services (TNBES) are installing multiple electronic vehicle (EV) charging stations around the 73-acre development.
Fixed-line telco providers TM and TIME have committed to providing complete fibre network solutions to meet customers’ demand for seamless high-speed internet. For security measures, there will be the Auxiliary police force to ensure safety in the area, hence, making it a desirable destination to experience life.
“Today, people are not just looking to buy houses. They want to live in a place that is convenient, connected, and is part of a larger community,” said Anwar Syahrin Abdul Ajib, Managing Director and Chief Executive Officer of UEM Sunrise Berhad. “Hence, we are committed to conscientiously creating the most value for our customers to find their happiness through the consistent innovation in our product design and development.”
“The collaboration that we are building today with these brands is a testament to that commitment. We are definitely very proud of them because they are experts of their respective industries, and individually, their products and services contribute towards the collective ambition of making Kiara Bay a liveable city for all.”
In October, UEM Sunrise unveiled the masterplan of its latest flagship project, Kiara Bay, that will be jointly developed with Melati Ehsan Group. Located in the heart of Kepong, this 73-acre integrated township offers elevated living by the waterfront given its proximity to the Kepong Metropolitan Park.
“Being next to a park is a key differentiator for Kiara Bay because of its green lung and lake access,” Anwar added. He also believes that this self-sustaining development is one that will be the icon of Kepong because it leverages UEM Sunrise’s experience as master developers with landmark projects such as Mont’Kiara and Puteri Harbour in Johor.
“Bearing the name Kiara Bay, there are expectations and brand promises. Now it is all about delivering them,” quoted Anwar.
Kiara Bay’s first phase of development, which consists of the residential units was launched last November and is targeted for completion mid-2024. The Residensi AVA units have built-up areas ranging from 813 sq ft to 1,285 sq ft priced between RM567,800 – RM 946,800.