Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility
• Employee Well-being

Social Achievements

• Organized and subsidized local as well as overseas trips for staff.
• Offered fair and equitable employment terms with benefits including personal accident and hospitalization insurance coverage, medical benefits and long service award.

Governance Achievements

• Established Board Committees (Audit, Remuneration, and Nomination), and Management Committee (Risk Management).

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Health, Safety, and Environment
• Environmental preservation
• Charitable contributions

Social Achievements

• Continual commitment to the preservation of the environment
• Charitable contributions to the welfare of the needy and the less fortunate
• Support courses related to personal training and development of recreational activities for employees

Governance Achievements

• Established Board Committees (Audit, Remuneration, and Nomination)
• Formal and transparent procedure for the appointments of new directors
• Directors’ training programs

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Efforts are continually made to operate our business in a safe, environmentally sound manner.
• Awareness on the collective responsibility among the employees is created for the prevention of injuries and occupational health hazards and the assurance of public safety when carrying out our business activities.

Social Achievements

• Continual commitment to the preservation of the environment, charitable contributions to the welfare of the needy and the less fortunate are part of our other corporate social responsibility activities.
• The Group also recognizes the importance of nurturing our employees’ talent by encouraging them to undertake support courses related to personal training.

Governance Achievements

• The Board of Directors (“the Board’) is pleased to present its Statement on Risk Management and Internal Control for the financial year ended 31 March 2013.
• The Board acknowledges that risk management and systems of internal control are integral parts of corporate governance and believes that the focus on effective risk oversight is critical to set the right tone and culture towards effective risk management and internal control in the Group.

Climate Goals & Targets

Environmental Challenges

• Lower revenue of RM134.6 million as compared to RM146.9 million recorded in the previous financial year. The decrease in revenue was mainly due to elimination of inter-company revenue.
• The profit before taxation for the Group decreased from RM55.4 million in 2012 to RM48.0 million in 2013. This was mainly attributable to impairment loss on investment in an associated company.

Mitigation Strategies

• The construction division will continue to grow the order book by undertaking more projects through active participation in promising tenders.
• The on-going construction and property development projects will continue to contribute profit for the coming years.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainable development
• Green building

Social Achievements

• Various charitable contributions including donation in cash and in kind to various organisations

Governance Achievements

• Established a Whistle Blowing Policy and a Code of Ethics and Conduct

Climate Goals & Targets

Environmental Challenges

• Slower overall growth of the real estate market, especially the residential segments due to tighter monetary policy amid a slow economic growth

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainable Development
• Green Building
• Environmental Protection
• Social Responsibility
• Employee Treatment

Environmental Achievements

• Green energy usage
• Eco-friendly office to reduce carbon footprints

Social Achievements

• Donation to local community and various charitable organisations (cash and in-kind)
• Fair and ethical treatment of employees

Governance Achievements

• High standards of corporate governance according to the Malaysian Code on Corporate Governance

Climate Goals & Targets

Environmental Challenges

• Challenging and competitive market in construction and property development
• Soft Malaysian property market due to weakening Ringgit, rising costs, stringent credit controls, oversupply, and cautious buyer behavior
• Lower sales of residential properties
• Early termination of tenancy agreements at Brem Mall
• Reduction of interest income from operating financial assets

Mitigation Strategies

• Aggressive marketing strategies to boost property sales and increase occupancy rates at Brem Mall
• Aiming to secure new contracts and improve construction margins
• Exploring opportunities to strengthen order book and maintain sustainable growth

Supply Chain Management

Climate-Related Risks & Opportunities