Uem Update Newsletter

JAN-APRIL:ISSUE 1:2005 for internal distribution only

:celebrating friendship

:contents

topshot

01

: Message from the Managing Director/Chief Executive Officer

up close & personal

02

: Personality profile featuring Datuk Abu Hassan bin Kendut

biz buzz

03 04

: Kick-off session with UEM Group business plan 2005 : DagangNet showcases suite of products on World Customs Day : Time dotCom connects rural Sabah to the world : UEM Land moves to Faber Tower : Pharmaniaga enters herbal market with InnoHerb : SmartTAG mampu dimiliki melalui promosi “100 untuk 100” : Faber Group is ready to soar : UEM World makes RM63 million net profit

05 06 07 flashback

08 09

: Malam Anugerah Kumpulan UEM : UEM Group is gold sponsor at Invest Malaysia 2004 : UEM Group meets the media

PATRON Datuk Abu Hassan Kendut

spotlight

10

: Celebrating Friendship

Chairman, UEM Group

good work

12

: Mission in aid of Tsunami victims : Over RM1 million in cash and kind for Tsunami victims : Time dotCom livens up the day at Asrama Kasih Sayang Darul Fitrah : UEM Group Primary Literature Program goes nationwide : Sesame Street Live! : Hari Alam Sekitar Kumpulan CIMA

EDITORIAL BOARD

ADVISOR Dato’ Ahmad Pardas Senin

13

Managing Director/ Chief Executive Officer, UEM Group

14

EDITOR Rosie Nasaruddin General Manager, GCC

CO-EDITORS Roseta Mohd Jaafar Naliza Fahro Rozi

behind the scene

15

: Behind the scene with UEM Treasury

get smart

16

: World’s Best Students at KYUEM : New department on the block

family matters

17 18

19

: Against all odds UEM : Senior management appointments : Welcome to UEM World : Department Renamed : Best Employee Award

19

: Shahdee Ahmad, Faber Medi-Serve Berhad

DEPUTY EDITORS Jida Mohamed CONTRIBUTORS Visvabalan Ramasamy Sufian Abdul Wahab Zaiton Salehuddin Ramzan Ibrahim PUBLISHER Group Corporate Communications (GCC)

speak out

:topshot

Dear Colleagues, It gives me great pleasure to present to you the first edition of Update, the new quarterly UEM Group newsletter. With re-energised vision for the Group, I felt it apt to reflect the spirit of our people in this timely publication. Furnished with a strikingly fresh style and look, Update will be a tool and medium of communications within the Group.

I strongly believe Update will not only be an informative and entertaining read for everyone, but also to provide an avenue to channel news from and about the Group as well as to open doors for opinions and ideas. UEM is now a more organised and focused group as a result of the successful financial restructuring exercise that was undertaken in the previous two years. Overall, we saw an improvement in our financial performance in 2004. Notable revenue growth was seen in most of our companies while others will have to continue to persevere to do better. I would like to take this opportunity to commend and thank all of you for the hard work and cooperation that you have demonstrated in 2004, giving UEM Group a solid foundation for an even better year in 2005.

MESSAGE

The year 2005 sees our Group with a new business plan to effectively make the most of our three key resources financial strength, assets and our people. Our greatest challenge is to ensure that all these resources are being managed and optimised in ensuring greater synergies amongst our Group Companies. We must continue to strive to improve our performance, both individually and at the company level. In today’s challenging world and the ever changing needs of the of our customers, we must aim to lead and not follow to remain competitive and relevant. 2005 and the years to come may be full of challenges, but as in every challenge, we must leap forward and seize the great opportunities that exist. We must deliver our commitment to perform and give our utmost best. As our country’s leading conglomerate in infrastructure development and partner in nation building, it is our responsibility to set the right examples and live by our credo. Let us endeavour to be ahead of the industry by being professional, competitive, innovative and proactive in providing quality services to our valued customers and partners. Integrity, sincerity of intent, passion for success and teamwork are values that we should continue to reflect in ourselves be it at work, home or play.

Early this year, we have acknowledged an excellent demonstration of these core values by our own colleagues who accomplished an amazing feat of climbing Mount Kilimanjaro. Proof of sheer determination, passion and teamwork, the expedition team returned in glory. Congratulations to the team! On that note, I hope that the passion and dedication that was shown in conquering this challenge is shared by all and will be shown in facing everyday challenges, especially at work. As illustrated in the front cover of this newsletter, we must as a team, strive with the aim of elevating the UEM brand to a greater level and seize the opportunities that come our way. Let us join hands and put our minds and hearts together and let our passion for success pave the way forward. Yours sincerely,

Dato’ Ahmad Pardas Senin Managing Director/Chief Executive Officer

:) up close & personal

“ I consider myself very lucky, to have achieved as much as I have in this lifetime. I am thankful to Allah SWT for what I have achieved.”

ABOUT GROWING UP... I grew up in a large family and both my parents were teachers, my mother resigned after a few years of teaching. I first went to a Malay school and two years later enrolled in an English school in Tampin. Education was important in our family and with the exception of my eldest sister, who only had Malay education, the rest of us were given English education. My siblings consist of teachers, housewife, businessman, civil engineer, quantity surveyor and an artiste.

Datuk Ab u Hassan bin Kend ut

Chair ma n

ABOUT CAREER... My interest and involvement in the field of accountancy was by sheer coincidence. I grew up in a rural environment where career guidance was virtually absent. Most of us Senior Cambridge school leavers looked forward to become teachers as it was considered to be a very respectable job during that period. I, on the other hand, was impressed by the civil servants at the district office. The government clerical staff was much respected; getting VIP treatment at kampong kenduri’s and very smartly dressed. After a few months of ‘menganggur’ I received an offer to join Dewan Latihan RIDA, a college set up by the government to help rural Malays to study book-keeping and secretarial practice. In 1961, I was selected to be an Articled Clerk with Messrs. Turquand Youngs and Co. pursuing the Malaysian Institute of Certified Public Accountants qualifications. In 1971, I joined Malaysian Airlines System Bhd as its Accounts Manager and became a member of the team tasked to set up the airline. As my interest was more professional practice, I then joined Messrs. Cooper & Lyrand as a Junior Partner in 1974. I retired from the firm in 1997 as a Senior Partner. During my professional life, I was very much involved in the activities of the Institute, namely, in membership, technical and examination committees. I became its president for the period from 1984 to 1986 and the Asean Federation of Accountants for 1987. A year after my retirement, I stayed as a member of Corporate Debt Restructuring Committee (CDRC) for two years and subsequently joined the board of Khazanah Nasional Berhad and also became its an EXCO chairman. The rest is history. ABOUT FAMILY... Zubaidah and I got married in 1971 and we are blessed with 4 boys, the youngest is currently 18 years old. We also have a granddaughter from the marriage of our eldest son. ABOUT LIFE... I place great importance in keeping fit and healthy. I used to play a lot of tennis when I was young, but now I occupy my time with mostly golf. I’m 63 now and I still jog. I’m a regular jogger and in fact I jog for an hour or so at least two or three times a week. No matter where I am, doesn’t matter if it's 6 o’clock in the morning or 10 o’clock at night, I still put on my jogging shoes and shorts and find time to jog. I find the time to balance my time with work and maintaining a healthy lifestyle. As for golf, Zubaidah has a lower handicap than mine. But while I can still enjoy it, I enjoy it. ABOUT THE FUTURE... I consider myself very lucky, to have achieved as much as I have in this lifetime. I am thankful to Allah SWT for what I have achieved. I don’t want to burden myself with too many responsibilities anymore. I want to maintain the balance in my life, a bit of work, the spiritual side of life and god willing, good health. I hope to be able to continue to play a lot more golf. Hopefully, I can reduce my handicap lower than Zubaidah.

B

:biz buzz KICK-OFF SESSION WITH UEM GROUP

BUSINESS PLAN 2005

> WE’RE ALL SET TO TAKE 2005 BY STORM. AT A ONE-DAY EVENT, UEM GROUP HELD A KICK-OFF SESSION FOR BUSINESS PLAN 2005 WITH ABOUT 50 SENIOR MANAGEMENT TEAM MEMBERS. DURING THE SESSION, THE TEAM RECONVENED, REVISITED THE OBJECTIVES, GOALS AND PLANS THAT WERE SET DURING THE MANAGEMENT BRIEFING HELD IN APRIL 2004, AND DISCUSSED HOW MUCH HAS BEEN ACCOMPLISHED, AS THEY STEER THE DIRECTION OF THE GROUP FOR 2005.

:03 The session began with a welcome address by UEM Group Managing Director/Chief Executive Officer, Dato’ Ahmad Pardas Senin. He reminded the team that “in becoming leaders of our respective industries, we must effectively capitalise on our three key resources; financial, assets and people. Our greatest challenge is to make sure all these resources are being managed and utilised so that we can have greater synergies amongst ourselves to grow the business.” Datuk Abu Hassan Kendut, UEM Group Chairman, gave a keynote address that drove home three key strategies moving forward. The strategies were: improving and enhancing our operational efficiency, creating shareholders value through greater productivity and growth by effectively and maximising all resources available to us, and business growth and expansion.

BUSINESS

The programme continued with a presentation on “Business Plan 2005 – Creating Value through Productivity and Growth” by Dato’ Ahmad Pardas, followed by presentations on “Key Points and 2004 Estimates – Group Companies” by Managing Directors,Chief Executive Officers and Chief Operating Officers of Group Companies. Next on the agenda was a talk and dialogue session by a guest speaker, Professor Emeritus Dr. Mohamed Ariff, Executive Director of the Malaysian Institute of Economic Research. He shared his insights and discussed the issues and prospects of the Malaysian economy for 2005 and beyond. Mohamad Azman Sulaiman, Director, Group Business Development also presented key strategies in the Group’s business development efforts and updates on key activities. A dialogue with Dato’ Ahmad Pardas Senin followed by a Wrap up & Conclusion session concluded the event.

DAGANGNET SHOWCASES SUITE OF PRODUCTS ON WORLD CUSTOMS DAY > AS A KEY BUSINESS PARTNER TO CUSTOMS, DAGANG NET TECHNOLOGIES SDN BHD WAS INVITED TO PARTICIPATE IN THE XXIII WORLD CUSTOMS DAY CELEBRATION HELD IN UITM SHAH ALAM, FROM 6-8 FEBRUARY, 2005.

The event was officially launched by the Yang di-Pertuan Agong and attended by dignitaries that included the Prime Minister of Malaysia, Sultan of Selangor, Selangor Menteri Besar, and Customs Director-General, Tan Sri Abdul Halil Abdul Mutalib. At the launch of the event, Dagang Net Technologies Sdn Bhd sent a team of 33 personnel to participate in the “static march” held during the grand opening. Later, Dagang Net Technologies Sdn Bhd showcased its suite of products and services – MyPorts, ePermit Application and Order Fulfillment Services (OFS), and was honoured by a special visit from the Yang di-Pertuan Agong and his entourage. Dagang Net Technologies Sdn Bhd’s Chief Executive Officer, Saifol Bahri Mohd Shamlan, briefed the Yang di-Pertuan Agong on Dagang Net Technologies Sdn Bhd’s operations, products and services.

>> :04

TIME DOTCOM CONNECTS RURAL SABAH TO THE WORLD > THE COMMUNITIES IN 14 RURAL AREAS OF SABAH ARE NOW ENJOYING THE CONVENIENCE OF HAVING PHONES IN THEIR HOMES AND NEIGHBOURHOODS, THANKS TO THE RECENT COMPLETION OF THE UNIVERSAL SERVICE PROVISION (USP) PHASE 1 PROJECT BY UEM GROUP TELECOMMUNICATIONS DIVISION, TIME DOTCOM BERHAD. USP is an initiative aimed at providing telephony amenities in selected underserved and remote districts in East Malaysia. It was awarded to TIME dotCom Berhad by the Malaysian Communications and Multimedia Commission (MCMC). Under the USP project, TIME dotCom’s role is to provide public payphones and residential phones to selected districts which had no ready access to telecommunications facilities. However, TIME dotCom Berhad took this one step further by delivering the USP services via the latest Next Generation Network (NGN) capability, thereby providing a platform for future connectivity to Broadband Internet Access in the 14 areas. This initiative goes hand-in-hand with

the Government’s National Broadband Plan to wire at least 10% of the Malaysian population to high-speed Internet connection. The USP project represents yet another jointeffort by TIME dotCom Berhad and MCMC to improve the lives of rural Malaysians, following the setting up of Kedai.koms in 2003, which today provide payphone and Broadband access to 13 selected kampungs in Perak, Kedah and Perlis. While the project has had its fair share of challenges in rolling out the telecommunications infrastructure in remote areas with limited access roads and power supply, the TIME dotCom Berhad team remained unfazed and successfully completed the project.

UEM LAND MOVES TO FABER TOWER ON 21 MARCH 2005, UEM LAND SDN BHD OFFICIALLY MOVED TO THE 18TH FLOOR OF FABER TOWERS 2 IN TAMAN DESA AFTER LONG RESIDING IN MCOBA BUILDING. THE MOVE WAS NECESSARY TO ACCOMMODATE UEM LAND’S EVER GROWING REQUIREMENTS FOR EFFECTIVE OPERATION.

UEM Land Sdn Bhd, which spearheads the property arm of UEM Group, plans to focus more on Johor in 2005. Its main concern is to develop Bandar Nusajaya and position it as the preferred location for residential development. Meanwhile, the Company will also be developing other catalyst developments like the new Johor State Administrative Centre, the proposed medical city, education park, industrial park and theme park. All of which serves to enhance the value of Bandar Nusajaya and place it as a “World City” with a global identity. As for projects in Cyberjaya, its subsidiary, Mahisa Sdn Bhd will continue to complete the construction of the D’Cassia Apartments and Commercial Centre A.

:05 > PHARMANIAGA MARKETING SDN BHD OFFICIALLY LAUNCHED INNOHERB; A NEW HERBAL SUPPLEMENT RANGE, ON 15 SEPTEMBER 2004 IN SUBANG JAYA. THE LAUNCH WAS OFFICIATED BY YB DATUK DR. HJ. ABDUL LATIFF AHMAD, DEPUTY MINISTER OF HEALTH MALAYSIA, AND WAS WITNESSED BY OVER 200 PHARMACISTS AND MEDICAL PROFESSIONALS.

PHARMANIAGA ENTERS HERBAL MARKET WITH INNOHERB Pharmaniaga Berhad’s Managing Director, Azhar Hussain, enthused: “InnoHerb marks Pharmaniaga’s entry into the herbal supplement market, and our support towards the growing trend of using alternative medicines. We foresee the potential in InnoHerb and endeavour to work towards identifying and introducing new pharmaceuticals technology from the world over to develop the local traditional medicines.” InnoHerb utilises innovative Phytogranules® technology; an advanced patented French technology of tiny, enhanced-release herbal pallets. Each InnoHerb capsule encases Phytogranules® microbeads which measure 1mm or less in diameter, and contains standardised concentrations of active compounds from herbal extracts.

<

One of the main reasons for the increasing interest in herbal medicine is its low toxicity, which leads to fewer side effects as compared to pharmaceutical drugs. The microbeads are coated with a special polymer that enhances the stability of active substances by protecting them against degradation and sustaining their release. This not only improves absorption, but also upper gastrointestinal tolerance, which means the pellets are gentle on the stomach.

SMARTTAG MAMPU DIMILIKI MELALUI PROMOSI “100 UNTUK 100” > UNTUK MENGGALAKKAN PENGGUNAAN SMARTTAG DI TOL, RANGKAIAN SEGAR SDN BHD (RSSB), OPERATOR SISTEM PEMBAYARAN ELEKTRONIK SMARTTAG DAN KAD TOUCH ’N GO, TELAH MELANCARKAN PROMOSI SMARTTAG “100 UNTUK 100”. Dalam satu upacara pelancaran yang dirasmikan oleh Menteri Kerja Raya, Datuk Seri Samy Vellu, promosi SmartTAG “100 Untuk 100” ini telah bermula pada 4 April 2005 dan akan berlangsung selama beberapa bulan. Di bawah promosi ini, pengguna yang sedia ada dan baru akan layak untuk membeli satu SmartTAG unit pada harga RM100 apabila mereka menambah nilai atau membeli kad Touch ’n Go pada kadar RM100. Pemegang kad pintar nasional, MyKad, yang mempunyai fungsi Touch ’n Go juga layak menikmati promosi ini.

:06

Untuk pemegang kad “Zing” daripada bank-bank yang menyediakan perkhidmatan tambah nilai automatik dan juga pelanggan korporat FleetPass, hanya perlu menunjukkan kad mereka yang aktif di kaunter jualan Touch ’n Go yang sah.

RSSB menjamin kepada pengguna umum bahawa stok SmartTAG adalah mencukupi untuk menampung permintaan sepanjang promosi ini dijalankan dan pengguna tidak perlu risau akan tahap stok yang tersedia.

Datuk Yahaya Yaacob, Pengerusi RSSB berkata, “Promosi SmartTAG “100 Untuk 100” in adalah sebahagian daripada usaha kami untuk mengalakkan pengguna tol menikmati keselesaan pandu terus apabila membuat pembayaran tol secara elektronik”.

SmartTAG akan dijual di kaunter jualan yang sah di Plus Expressway, ELITE, Linkedua, Penang Bridge, Ampang Elevated Highway, SILK, NPE, Besraya dan stesen servis Petronas yang terpilih. Lebih banyak kaunter akan dibuka tidak lama lagi dan RSSB akan mengadakan kaunter jualan bergerak di pusat-pusat membeli-belah dan juga di kawasan rehat dan rawat di sepanjang lebuhraya untuk memenuhi permintaan pengguna. Untuk mendapatkan maklumat yang lebih terperinci, layari laman sesawang kami di www.touchngo.com.my atau membuat panggilan ke Pusat Khidmat Pelanggan Touch ’n Go (03) 76285115.

Datuk Seri Samy Vellu mengungkapkan rasa gembira beliau terhadap inisiatif RSSB kerana ianya seiring dengan pelan dan matlamat kerajaan untuk memperbaiki mutu perjalanan trafik di semua plaza tol. “Anjakan daripada bayaran tunai kepada bayaran secara elektronik ini akan menggalakkan pembangunan sistem aliran bebas di Malaysia, setanding dengan negara-negara maju,” beliau berkata.

>>

FABER GROUP IS READY TO SOAR > THE COMPLETION OF FABER GROUP BERHAD’S DEBT RESTRUCTURING SCHEME HAS GIVEN FABER GROUP BERHAD A NEW LEASE OF LIFE WITH DEBTS NOW PARED DOWN FROM RM1.6 BILLION TO A MANAGEABLE RM196 MILLION. This was announced on 30 September 2004, as promised to shareholders, after receiving its shareholders’ approval for the disposal of its 49% stake in InterHeritage Sdn Bhd (which owns the Sheraton Imperial Hotel in Kuala Lumpur) to United Engineers (M) Bhd at an extraordinary general meeting on 30 August 2004. The approval by the shareholders was the last required pursuant to conditions set out by the Securities Commission. Faber Group Berhad’s Managing Director, Noorizah Hj Abd Hamid, said: “The debt restructuring leaves Faber Group with a cleaner balance sheet, and we are poised to revitalise our two remaining core businesses, Healthcare and Property Development. We also plan to improve earnings by focusing on the strategic growth in these two core businesses and ensuring a more efficient cost structure. Our Healthcare and Property Development Divisions are expected to contribute 60% and 40% to revenue respectively. Faber Group will have one hotel remaining in our stable, which is Sheraton Hanoi in Vietnam.”

The Healthcare Division, which currently holds a 15-year concession for the provision of hospital support services to Government hospitals under the Ministry of Health for the northern states of the peninsular, Sabah and Sarawak, is in its eighth year of operation. With the experience and expertise that the division has acquired, it is now poised to secure new businesses from non-concessions and other healthcare institutions, and venture into the international market especially within the ASEAN region. The Property Development arm has begun a mixed-development on 100 acres of land in Kepong. The division will also be actively looking for strategic land banks for joint development or acquisition.

UEM WORLD MAKES RM63 MILLION NET PROFIT > UEM WORLD BERHAD, THE UEM GROUP’S LISTED FLAGSHIP COMPANY, HAS RECORDED RM63.45 MILLION NET PROFIT ON RM2.9 BILLION REVENUE FOR ITS FIRST FULL YEAR ENDED DECEMBER 2004. PRE-TAX PROFIT WAS RM160.4 MILLION FOR THE YEAR, WHILE EARNINGS PER SHARE STOOD AT 4.6 SEN, FROM 35.6 SEN BEFORE. The engineering and construction business was the main contributor to the revenue and profit, followed by its manufacturing and healthcare operations. In a statement, the company said a year-on-year comparison was not appropriate due to the timing of the Group’s restructuring and the different composition of the Group before and after the restructuring. Financing figures were also affected by exceptional gains arising from the restructuring in 2003. CONTRIBUTION TO THE GROUP Core Business (RM Million) Revenue Engineering and construction 2,138.4 Healthcare* NA Environmental services 104.9 Property 53.7 Manufacturing 566.0 Investment NA Total 2,863.0 * Associate Company

Profit before tax 176.5 24.5 (10.9) (40.0) 19.4 (9.1) 160.4

:07

For the financial year ended 31 December 2003, the Group reported net profit of RM314.33 million on RM359.82 million revenue. “Despite the increasingly competitive market, UEM World Berhad remains optimistic and is looking forward to the challenges in 2005”, Managing Director/Chief Executive Officer Dato’ Ahmad Pardas Senin said. “UEM World Berhad’s new structure will see its future earnings being less dependent on the construction sector as its wholly-owned property and environmental operations start to contribute positively to its bottom line,” he added. UEM Builders Berhad contributed revenue of RM1.164 billion, thanks to a recurring income stream from Projek Penyelenggaraan Lebuhraya Berhad and Penang Bridge Sdn Bhd. Asset development and asset management consultancy outfit Kinta Kellas plc registered RM33.1 million in pre-tax profit on the back of RM541.5 million revenue. Healthcare division Pharmaniaga Berhad posted RM800 million revenue, up 26.5 per cent from a year ago, of which concession sales made up 61.7 per cent. Significant growth was also driven by a US$13.3 million (US$1 = RM3.80) contract to supply pharmaceuticals and medical equipment to West Asia. Property arm UEM Land Sdn Bhd, however, recorded a pre-tax loss of RM40 million due to allowances for doubtful non-trade debts on the back of a revenue of RM53.7 million.

:fl shback MALAM ANUGERAH

KUMPULAN UEM

>

> IT WAS A NIGHT OF STARS IN THE SELANGOR BALLROOM AT SHERATON SUBANG HOTEL AND TOWERS AS OVER 2000 OF UEM GROUP STAFF GATHERED FOR MALAM ANUGERAH UEM ON 3 JULY 2004. THE GALA EVENT WAS A CELEBRATION OF THE GROUP’S COMPANIES’ AND EMPLOYEES’ ACHIEVEMENTS THROUGHOUT THE YEAR.

:08

The evening also marked the first major event to be held after Dato’ Ahmad Pardas Senin took over from Dato’ Abdul Wahid Omar as Managing Director/Chief Executive Officer of UEM Group.

During his welcome address, Dato’ Ahmad Pardas said that the evening was an opportunity for all UEM Group employees to get to know each other better, to form a united front as the Company charts new heights as Malaysia’s leading conglomerate in nation building. The activity-filled night also featured an entertaining UEM Idol competition. 12 representatives from UEM Group companies showed off their vocal styles and hidden talents. Each contender, decked in his or her finest, battled for the title of UEM Idol by presenting one song each. Norsaini Azali from CIMA Berhad emerged the champion, while the second and third places were respectively captured by Afzanizam Jailani from PLUS Expressways Berhad and Ahmad Termizi Mohd Shabidin from UEM Land Sdn Bhd. Throughout the evening, the audience was continuously entertained by the antics of the evening’s hosts – comedian Farouk Hussein and TV3’s Norazlina Ridzuan. The glamorous evening peaked with a show of pyrotechnics and laser beams that wowed the audience. Before the evening was over, Malaysia’s two most favourite artistes, Ning Baizura and Anuar Zain, held the crowd enthralled.

BEST EMPLOYEE OF THE YEAR AWARD Best Employee (Executive) – Choon Kok Hoo from Faber Medi-Serve Sdn Bhd Best Employee (Non Executive) – Roslan Samad from PLUS Expressways Berhad Most Improved Company – Faber Medi-Serve Sdn Bhd Best Performing Company – PLUS Expressways Berhad CONGRATULATIONS TO ALL THE WINNERS AT MALAM ANUGERAH UEM 2004 UEM Group Sports Carnival Champions Badminton, Volleyball, Bowling, Football – all won by Expressways Division Sports Personality of the Year – Ahmad Zabidi Mustafa from Kinta Kellas plc. Special Merit Award for Outstanding Achievement/Contribution to Society – Noor Amali Mahat from PLUS Expressways Berhad Special Merit Awards for Outstanding Education Awards amongst Employees’ Children – SPM: Amni Hidayah Mohd Tauffick, Ahmad Fariz Azhar and Mohd Syahirul Syfiq Johari. – PMR: Khalisah Liyana Zulkefli, Ahmad Syahir Ahmad Bakhit and Nurul Fazilah Aziz.

UEM GROUP IS GOLD SPONSOR AT INVEST MALAYSIA 2004

<<

> UEM GROUP WAS ONE OF THE GOLD SPONSORS FOR INVEST MALAYSIA 2004, WITH NINE PUBLIC-LISTED COMPANIES JOINING EXHIBITION BOOTH.

Group Companies that participated in the exhibition included UEM World Berhad, PLUS Expressways Berhad, UEM Builders Berhad, Pharmaniaga Berhad, TIME Engineering Berhad, TIME dotCom Berhad, Kinta Kellas plc, CIMA Berhad and Faber Group Berhad. The four-day exposition, held in August 2004, was officiated by YAB Dato’ Seri Abdullah Haji Ahmad Badawi, Prime Minister of Malaysia. The event was organised by Bursa Malaysia Securities Exchange Berhad and supported by the Ministry of Finance, Ministry of Domestic Trade and Consumer Affairs and the Securities Commission. Invest Malaysia 2004 provides the opportunity for all investors to learn more about smart investing, to increase awareness on investment options, to be familiarised with new products and services and to be updated on developments in Malaysian public companies. Invest Malaysia 2004 also provides the opportunity for investors to consult with brokers and other investment managers who will participate in the fair.

Held at Tun Razak Hall 3, Putra World Trade Centre (PWTC), the event showcased over 40 exhibitors, made up of public listed companies, brokers, investments houses, unit trust companies and related associations. It drew thousands of visitors, including institutional investors and the investing public. The exposition also featured an exhibition, a series of educational seminars and workshops to cultivate and promote healthy investing habits and encourage investment decisions based on fundamentals. It was the biggest investor education effort in recent years.

:09

>

> IN SUPPORT OF THE GOVERNMENT’S EFFORTS TO IMPROVE THE PERFORMANCE OF THE GOVERNMENT LINKED COMPANIES, UEM GROUP WILL FOCUS ON BUSINESS GROWTH AND EXPANSION IN THREE MAJOR GROUPINGS – UEM WORLD BERHAD, EXPRESSWAYS AND TECHNOLOGY. PARTICULAR EMPHASIS WILL BE PLACED ON BUSINESSES UNDER UEM WORLD BERHAD AS PART OF ITS VALUE CREATION STRATEGY.

UEM GROUP MEETS THE MEDIA Speaking at a meet-the-media session on the Group’s strategy at Sheraton Subang Hotel and Towers in October last year, Dato’ Ahmad Pardas Senin said: “UEM Group will adopt a three-Trojan-horse strategy, capitalising on resources and strengths from the three groups to aggressively grow the businesses and create value for shareholders and investors”. “UEM Group has successfully restructured its debt and businesses, enabling it to capitalise on the resources and synergies present within and across its flagship companies to drive growth and productivity,” he added. Following the completion of UEM Group’s corporate restructuring exercise, UEM World Berhad was formed, with focus on five core businesses – Engineering & Construction, Healthcare, Environmental Services, Property and Manufacturing. “Moving forward, our value creation strategy includes improving and prioritising UEM World’s under performing assets and investments as part of our overall initiative to generate better shareholder returns and meet our debt obligations. Ultimately, we want to translate our initiatives into tangible value such as good dividend yields and capital growth,” Dato’ Ahmad Pardas Senin added.

:CELEBRATING

FRIENDSH

> IN THE WORDS OF UEM GRO OFFICER, DATO’ AHMAD PA FRIENDSHIP WITH ALL OUR BANKERS, LAWYERS, MEMB

This meaningful theme was kicked off during the Year-End Get-Together on 28 D 2004. The event held three well-meaning objectives: to show appreciation to all U valued friends, to celebrate the Group’s achievements for the year among frien unite in friendship as the nation celebrates the multi-cultural festivities – Deepa Hari Raya Puasa, Christmas, New Year and Chinese New Year.

>

At the event, Datuk Abu Hassan Kendut also presented a donation of RM30,00 Group to Datuk Jemilah Mehmood, President of MERCY, in support of its hum efforts locally and abroad.

The event was attended by over 1,000 guests, including those from the corpora government, non-government and media organisations.

HIP

OUP’S MANAGING DIRECTOR/CHIEF EXECUTIVE ARDAS SENIN, “2005 IS THE YEAR TO PAY TRIBUTE TO OUR VALUED BUSINESS PARTNERS, ASSOCIATES, CLIENTS, BERS OF THE MEDIA AND GOVERNMENT CONTACTS.”

December UEM Group’s nds, and to avali,

00 from UEM manitarian

ate,

o

:sp tlight

:g

d work

> WHEN THE TSUNAMI HIT ASIA ON 26 DECEMBER 2004, THE WORLD WAS SHAKEN BY ITS TREMENDOUS IMPACT. MALAYSIA WAS NOT SPARED BY THIS GIANT KILLER WAVE. THE MOST DEVASTATED AREA HIT BY THE TSUNAMI IN MALAYSIA WAS KUALA MUDA, KEDAH, WHERE THERE WERE LOSS OF LIVES AND PROPERTIES.

MISSION IN AID OF

:12 Heeding the call for help from MERCY Malaysia and AMAN Malaysia, Kualiti Alam staff organised a lightning brigade to provide on-ground assistance. Brigade UEM managed to get to the worst-hit area on the same day to proceed with the task. With a water-jet spray on loan from a supplier and students from Multimedia University, the team helped clean houses, and handed out sponsored food, clothes and cooking utensils to the stricken residents. On the second day, the team joined MERCY Malaysia volunteers from Penang and Kuala Lumpur for a gotong-royong to clean Sekolah Rendah Kebangsaan Sri Kuala. For members of the lightning brigade who were used to working in air-conditioned environments, the two-day mission may be hard labour. But to them, it was worth every ounce of effort as the grateful faces of the Kuala Muda survivors at the end of the visit gave the brigade an optimistic feeling that they would be able to surmount their difficulties.

TSUNAMI VICTIMS

OVER RM1 MILLION IN CASH AND KIND FOR TSUNAMI VICTIMS On 26 December 2004, UEM Group coordinated a series of relief efforts to alleviate the plight of the victims of Tsunami disaster. In the spirit of social responsibility, UEM Group was one of the first companies to contribute in aid of the disaster. The Group contributed RM100,000 to the Malaysian Tsunami Disaster Fund coordinated by the New Straits Times, Berita Harian, TV3 and 8TV. This amount was matched by PLUS Expressways Berhad, while Pharmaniaga Berhad pledged a contribution worth RM50,000 in kind. Two days after the tragedy, UEM Group further launched a Tsunami Disaster Relief Campaign during its Year-End Get-Together at Sheraton Subang Hotel and Towers. This 2-week internal donation campaign managed to raise over RM100,000; of which RM50,000 was presented by Dato’ Ahmad Pardas Senin on behalf of UEM Group staff and management, to Persatuan Bulan Sabit Merah Malaysia (Malaysian Red Crescent Society). Faber Group Berhad also presented RM58,700 during the same ceremony. To date, UEM Group contributed over RM1 million in cash and kind (food, clothing, pillows and toiletries) to the various funds set up for the Tsunami victims. To quote UEM Group’s Managing Director/Chief Executive Officer: “Our hearts go out to families of the victims. I hope our contribution will go a long way in assisting the families to start rebuilding their lives.”

> IN THE TRUE SPIRIT OF GIVING AND CARING, THE EMPLOYEES OF TIME DOTCOM BERHAD SHOWED KINDNESS AND GENEROSITY BY ORGANISING A DAY OF FUN AND LAUGHTER FOR THE ORPHANS OF ASRAMA KASIH SAYANG DARUL FITRAH IN TAMAN GOMBAK RIA, SELANGOR.

>>

TIME DOTCOM LIVENS UP THE DAY AT ASRAMA KASIH SAYANG DARUL FITRAH

Held on 5 March 2005, the event was initiated by a committee comprising of TIME dotCom Berhad’s Human Resource Department and members of the Surau An-nur. It was part of the Company’s ongoing community engagement efforts to contribute to the less fortunate while encouraging kindness towards others. The event started with a series of indoor games for the children and was followed by outdoor activities as well as a song and poem recital performance by the children. At the end of the fun-filled day, souvenirs were given to all the children along with school stationery sets.

:13

In the week leading to the event, the organising committee had initiated an internal donation drive to solicit cash contributions for charitable causes. The initiative received an overwhelming response from the staff of TIME dotCom Berhad, and raised approximately RM14,000. A portion of the collection was utilised for the day’s event while the remainder will be used to fund other programmes that would benefit the children at Asrama Kasih Sayang Darul Fitrah, such as employing tuition teachers and opening savings accounts for them.

PRIMARY LITERATURE PROGRAM GOES NATIONWIDE In continuing UEM Group’s efforts in championing education, the UEM Group Primary Literature Programme has been taken nationwide through a series of workshops. Since its official launch by Dato’ Seri Hishammuddin Tun Hussein, the Minister of Education, at the Putra World Trade Centre (PWTC) in July 2004, the workshops have taken place in states of Selangor, Johor, Perlis, Terengganu, Pahang and Sabah. Up to nine more workshops will be held throughout the country to fulfill the programme's target to have at least one workshop in every state before the year's end. The programme costing RM1.5 million is co-sponsored by UEM Group and TIME Engineering Berhad, conducted in collaboration with The British Council Malaysia through the endorsement of the Curriculum Development Centre, Ministry of Education. The programme is not a new or an additional English subject. It is to introduce to primary school teachers an alternative method of teaching English that provides children with the opportunities to develop at an early age, language skills and knowledge in an exciting, enjoyable and rewarding way.

> OVER 100 CHILDREN AND CARETAKERS FROM PONDOK PENYAYANG RAUDAH, GOMBAK AND PUSAT PEMULIHAN DALAM KOMUNITI, RAWANG HAD A RIB-TICKLING, EDUCATIONAL AND ENTERTAINING TIME AT THE SESAME STREET LIVE SHOW HELD ON 11 DECEMBER 2004 AT STADIUM PUTRA, BUKIT JALIL.

In line with UEM Group’s Corporate Social Responsibility endevours, this outing marks another effort by UEM Group to champion education, especially amongst the less fortunate. The Sesame Street Live show was an opportunity to expose children to the learning of English in an entertaining way. The children were especially excited when the Sesame Street Live cast greeted them before the show.

:14

The show, themed ‘Everyone Makes Music’, showcased some of children’s favourite Sesame Street characters such as Big Bird, Elmo, The Cookie Monster, Grover, Burt and Ernie.

HARI ALAM SEKITAR KUMPULAN CIMA

>>

> THIS WAS THE STIRRING THEME FOR CIMA BERHAD’S ENVIRONMENTAL CAMPAIGN, “HARI ALAM SEKITAR KUMPULAN CIMA”, WHICH WAS HELD IN PERLIS LAST YEAR. THE THEME EMBODIES CIMA’S CORPORATE CULTURE IN PRESERVING THE ENVIRONMENT, AND UNDERSCORES NOT ONLY THE COMPANY’S, BUT ALSO THE GROUP’S EFFORTS IN PROMOTING ENVIRONMENTAL AWARENESS.

For over two months, CIMA Berhad advocated environmental preservation amongst the local community in Perlis and disseminated information on the conservation efforts that were undertaken. Various activities involving the local community were conducted, including a Bougainvillea Contest, Festal Futsal Challenge, Explorace, Most Beautiful & Clean Mosque and School as well as Radio Malaysia Perlis Alam Sekitar Quiz.

The highlight of the closing ceremony was the release of 29 doves, which represented CIMA Berhad’s 29th anniversary, by His Majesty Tuanku Pemangku Raja Perlis. Her Majesty Raja Puan Muda Perlis also released 400 fishes into Tasik Melati. Visitors were also treated to environmental-themed songs and performances by CIMA Berhad’s own “Akademi Nirmala”. Other guests present included YB Dato’ Seri Adenan Haji Satem, Minister of Natural Resources and Environment, State Speakers, the State Secretary, and the CIMA Berhad Board of Directors.

:behind the sc ne

BEHIND THE SCENE WITH

UEM TREASURY

> EVER WONDERED WHO IS HARD AT WORK BEHIND THE SCENE TO ENSURE THAT THERE ARE SUFFICIENT FUNDS TO FINANCE PROJECTS, REPAY THE COMPANY’S BORROWINGS AND COVER THE OPERATING EXPENSES? AND HOW THESE ACTIVITIES ARE CARRIED OUT? FRIENDS, WONDER NO MORE FOR ALL YOUR QUESTIONS WILL BE ANSWERED HERE… WE HOPE!

Pardon us, but who exactly are we? We are no other than the staff of the UEM TREASURY DEPARTMENT. And we wish you a very warm WELCOME TO THE WORLD OF UEM TREASURY!

:15 OUR FUNCTIONS In brief, we ensure that the Company’s financial requirements are met. We safeguard the Company’s financial resources by establishing credit facilities with financial institutions. Also, through regular review, we undertake initiatives to minimise the cost of the Company’s borrowings. Additionally, we are involved in various corporate exercises such as project financing, debt restructuring and IPO exercise. WE ARE ISO CERTIFIED Yes, we are! And we are proud of it, too! We have two procedures that were certified in Year 2001, namely the procedures on Financial Resources Requirement and Trade Line Facility. These procedures govern our activities, which cover all areas that relate to securing financial resources and trade line facilities for Divisions within UEM as well as other Group companies. CUSTOMERS AND CUSTOMER SATISFACTION Primarily, we provide our services to the Business Development Division and companies within the Group. To date, most of the services provided were for UEM Builders Berhad. To ascertain customers’ satisfaction, we welcome their feedback via our Customer Satisfaction Survey form. With the aim of continuously improving our performance, we monitor our customers’ feedback closely and ensure that all grievances are addressed accordingly. It gives us a great sense of achievement when customers’ requirements are met. One of our customers, Yayasan UEM, has given us the highest rating for the assistance provided in securing a guarantee for their utilities facility. There is nothing like a satisfied customer!

From left: Abdul Manan Nordin, Baizatul Ain, Fyzul Adzwan, Ramlan Abdul Rahman, Mohd Zin Abdul Rahman, Lau Siew Ming

IMPROVING OURSELVES THROUGH THE ISO QUALITY SYSTEM By implementing our ISO documented procedures, we have improved our quality of work by constantly meeting deadlines given by our customers. This is most important as we need to ensure that the requirements set by the Group companies for bidding on all projects are fulfilled and the financial resources required for the projects at hand are not jeopardised. Being ISO certified has certainly benefited us in improving our efficiency, especially in expediting our work processes and in meeting the Company’s organisational objectives. We hope you understand the Treasury Department and our functions a little better now. With the ISO spirit instilled in all of us in the Treasury Department, we assure you that we will continuously improve our standard of competency. contributed by Mohd Zin Abdul Rahman

:get smart

WORLD’S BEST STUDENTS AT KYUEM > KOLEJ YAYASAN UEM (KYUEM) STUDENTS EXCELLED IN THEIR CAMBRIDGE A-LEVEL EXAMINATIONS YET AGAIN. 43% of KYUEM students who sat for the exams last year obtained straight A’s, while another 70% scored two or more A’s. More students also qualified for places into the top universities in UK and Ireland.

:16

Three students, Liyana Nadirah Abd Rahman, Tan Sin Yi and Wilson Tay Tze Vern, emerged as the world’s best in Accounting, Literature in English and History respectively. Liyana was awarded the Malaysian Business Open Scholarship while Sin Yi procured the Malaysian English Open Scholarship by Cambridge International Examinations.

<<

Meanwhile, Saravanan Nagappan joined Liyana, Wilson and Sin Yi to receive the top-score in computing in Malaysia. 32 students capped this fine performance by being ranked in the Malaysian top ten for eight subjects in this same exam.

> A BELATED WELCOME TO ALL AT THE EDUCATION DEVELOPMENT AND SUPPORT (EDS) DEPARTMENT – THE LATEST DEPARTMENT TO JOIN UEM GROUP. SET UP IN SEPTEMBER 2004, EDS BRINGS THE FUNCTIONS OF YAYASAN UEM TO THE GROUP LEVEL.

>>

NEW DEPARTMENT ON THE BLOCK

The department’s principal functions are to manage Yayasan UEM, including Kolej Yayasan UEM, the Renong Group Scholarship Trust Fund, and to lead or assist in other educational initiatives of the Group. EDS is headed by Dr. Muhammad Ikmal Mohd Said, and comprises four other team members – Shahinaz Abdul Rahim, Rodziana Ahmad, Mohd Shah Abdul Rahman and Azman Nasir.

:family ma ers

AGAINST ALL ODDS > ON 18 JANUARY 2005, THE UEM KILIMANJARO EXPEDITION SET OFF FOR TANZANIA IN EAST AFRICA TO CLIMB MOUNT KILIMANJARO, THE TALLEST, FREESTANDING MOUNTAIN IN THE WORLD. The objective of the expedition was to promote UEM Group’s core values of achieving gratification and excellence not only at work but also in our personal lives. The 5-member team comprising breast cancer survivor Rene’e Aziz Ahmad (PLUS Expressways Berhad), Khairul Ariffin ‘Kabie’ Ibrahim (UEM Group), Zafrul Shamry Abdul Karim (Projek Penyelenggaraan Lebuhraya Berhad), Zulkifli Kamarolzaman (UEM Construction Sdn Bhd) and P. Thomas Simon (UEM Builders Berhad) began the 100-km hike through the scenic terrain of the Machame Route on 22 January, 2005. On 26 January at approximately 9:45 a.m., Kabie and Rene’e succeeded in reaching Uhuru Peak, the highest point in all of Africa, standing at 5,895 meters or 19,340 feet. When asked about the challenges faced by the expedition team leader Rene’e explained that the greatest difficulty was in overcoming the effects of the cold weather and high altitude. “Zafrul and Zul managed to reach Stella Point on the crater rim at 5,685 meters and were just two hours away from reaching Uhuru Peak. But they were both suffering from fatigue and altitude sickness and had to make the difficult decision to turn back without attempting the final ascent to the peak. Even Kabie, who was first to arrive at Uhuru Peak, began coughing up blood soon after and had to be brought down quickly to a lower elevation.

Was the climb worth the effort? “Yes, definitely, 100%,” enthused Zafrul. “The climb really tested our semangat or fighting spirit as we had to keep pushing ourselves despite the freezing cold, no matter how tired we were, especially on summit day when the terrain became really steep and difficult. It was also a privilege to be able to enjoy the rugged beauty of the mountain, something that not everyone has the chance to do.” “Kilimanjaro really is a beautiful mountain,” added Rene’e, “with breathtaking scenery ranging from the moorlands at Shira Plateau to the snowfields and glaciers at the summit. Like all mountains, the weather can change abruptly but although we had a few hailstorms on the way up, we were lucky to enjoy good weather at Stella Point and at Uhuru Peak.” Having accomplished their mission to conquer the mountain known as the Roof of Africa, what does the team intend to do next?

:17

“We are in the midst of proposing another Expedition for 2006. Although we cannot confirm anything at this time, some of us are giving serious thought to climbing other high altitude mountains such as Aconcagua in South America!” Kabie said. In the meantime, all UEM Group staff can look forward to sharing the team’s Kilimanjaro experience through a series of presentations and motivational talks, which will be organised over the coming months. “Determination and commitment – these are the qualities that were demanded of us on Kilimanjaro and these are the qualities we hope to inspire in our UEM colleagues and friends when we tell them about the UEM Kilimanjaro Expedition 2005,” said Rene’e. “With enough determination and the commitment to see things through to the end, there is no limit to what we can achieve!”

THE EDITORIAL BOARD WISHES TO CONGRATULATE

THE KILIMANJARO 2005 EXPEDITION TEAM ON THEIR EFFORT IN CONQUERING MOUNT KILIMANJARO.

K I L I M A N J A R O

EXPEDITIO N2005

SENIOR MANAGEMENT APPOINTMENTS MOHD ZAKI HAMDAN AS CHIEF FINANCIAL OFFICER OF CEMENT INDUSTRIES OF MALAYSIA BERHAD (CIMA) WITH EFFECT FROM 16 JANUARY 2005. Zaki started his career in KPMG Peat Marwick between 1985 to 1991. He has extensive senior level experience in the financial field, working for organisations such as The New Straits Times Press (Malaysia) Berhad (NSTP), Philips Audio Electronics Sdn Bhd and Makro Cash and Carry Distribution (M) Sdn Bhd. Zaki also served as Senior General Manager, Finance and Management Services at United Engineers (Malaysia) Berhad from October 1997 to Febuary 2001. His most recent appointment was as Director of ODT Timber Sdn Bhd. He holds a Bachelor’s Degree in Business (majoring in Accounting) from Western Australian Institute of Technology, Australia (presently known as Curtin University of Technology). He is a Fellow Certified Practising Accountant (FCPA) of CPA Australia and a Chartered Accountant (CA) of Malaysian Institute of Accountants (MIA). ADNAN MOHAMAD AS CHIEF OPERATING OFFICER OF UEM BUILDERS BERHAD WITH EFFECT FROM 1 APRIL 2005. Prior to joining us, Adnan has served in various senior positions in the UEM Group, including the Chief Operating Officer of UEM Builders Berhad from September 2001 to April 2003. WAN ROSLAN WAN ABBAS AS GENERAL MANAGER OF HUMAN RESOURCES AND ADMINISTRATIVE DEPARTMENT WITH EFFECT FROM 18 APRIL 2005. With this new appointment, Wan Roslan will be primarily responsible for the management of human capital and resources for UEM Environment Group of companies. In addition, Wan Roslan will also assist the Managing Director in overseeing the administrative functions and activities of UEM Environment Group.

:18

Prior to joining UEM Environment Group, Wan Roslan was the Vice President, Group Human Resources and Administration in Time dotCom Berhad and has served various companies with the UEM Group in the areas of human resources and administration.

WELCOME TO UEM WORLD

NEW RECRUITS NAME

POSITION

DATE JOINED

DIVISION / DEPARTMENT

Mohd Ramlan Abdul Rahman

General Manager

3 January 2005

Group Finance

Tiow Wei Sheng

Executive

2 February 2005

Group Internal Audit

Khoo Pei Pei

Executive

2 February 2005

Group Finance

Emilia Mohamed Yusoff

Executive

2 February 2005

Group Finance - Reporting

Azlina Azmie Abdullah

Executive

2 February 2005

Group Finance

Tan Lih Rui

Executive

2 February 2005

Group Finance - Reporting

Izura Md Ikram

Executive

2 February 2005

Group Internal Audit

Mohammad Idzhan Abdullah Azmi

Executive

2 February 2005

Group Business Development

Mohd Hedzri bin P Jaafar

Executive

2 February 2005

Group Business Development

Mohd Fozae Samad

Senior Manager

15 February 2005

Group Business Development

Suzianna Aimee Mohd Rais

Executive

10 March 2005

Group Internal Audit

INTER-COMPANY TRANSFER NAME

POSITION

FROM

TO

EFFECTIVE DATE

Roseta Mohd Jaafar

Manager

Kinta Kellas plc.

Group Corporate Communications

2 March 2005

Zawiyah bt Abdullah

Secretary

Kinta Kellas plc.

Group Business Development

7 March 2005

Amelia Abdul Rahman

Executive

Group Business Development

Time Engineering Berhad

15 January 2005

DEPARTMENT RENAMED > WE WISH TO INFORM THAT UEM GROUP INTERNAL AUDIT/PRODUCTIVITY AND QUALITY MANAGEMENT/ RISK FACILITATION AND MONITORING DIVISION HAS BEEN RENAMED IMPROVEMENT AND ASSURANCE SERVICES DIVISION WITH EFFECT FROM 1 JANUARY 2005.

BEST EMPLOYEE AWARD > DURING THE MALAM ANUGERAH 2004, CHOON KOK HOO, THE FACILITY HEAD OF ENGINEERING, FABER MEDI-SERVE SDN BHD AND ROSLAN SAMAD, TOLL TELLER, PLUS EXPRESSWAYS BERHAD WERE AWARDED BEST EMPLOYEE OF THE YEAR 2003. Amongst the key achievements of Kok Hoo is his active involvement in preparing proposals for Reimbursable Works, which had resulted in monetary gain of about RM740,000 to the Company. Another notable contribution is the key role he plays in major technical projects. The emphasis that he places on internal and external customer satisfaction, including strict compliance to regulatory requirements, is evident through the numerous letters of appreciation that he has received. He has also made significant contributions in the area of organisational learning by conducting training programmes in safety awareness. His leadership qualities and commitment towards creativity and innovation is exemplified through his efforts of successfully leading a team of technical personnel to design an air duct cleaning robot. This air duct robot has contributed to savings of about RM380,000 and has enabled Faber Medi-Serve Sdn Bhd to address a long outstanding problem which previously even international consultants

could not resolve. This invention is currently being targeted for implementation nationwide to other locations. The winner of the Best Employee of the Year (Non Executive Category) was Roslan Samad who serves as a Toll Teller at Skudai Toll Plaza, PLUS Expressways Berhad. His performance record shows that he has consistently carried out his duties at the highest standards. He is also well respected by his colleagues and peers and can always be relied upon as a team player. Whilst on duty on 25 December 2003, Roslan returned a lost handbag which he had found lying just outside his toll booth. This handbag, which belonged to a PLUS user, contained RM13,000 and other personal belongings. This deed exemplifies the value of integrity which is emphasised within the Group for all staff to uphold and emulate. Roslan’s honesty has also served to significantly enhance the image and commitment of PLUS Expressways Berhad to their customers.

:19 :s eak out SHAHDEE AHMAD > WE BELIEVE THAT YOUR OPINION COUNTS, AND WE WOULD LIKE TO INVITE YOU TO SHARE WITH US WHAT YOU THINK. THIS ISSUE, SHAHDEE SHARES HER VALUABLE OPINION ON PASSION ARTWORK. As Deputy Senior Manager in the Managing Director’s Office in Faber Medi-Serve Sdn Bhd, Shahdee believes that the essence of that advice entails working smart, not just working hard. It involves being efficient, resourceful and competent, and always being on the look out for new knowledge and acquiring new skills.

PASSION

When assigned new and more challenging tasks, Shahdee believes that it is an indication that her superiors trust her capabilities in delivering good quality work. This further fuels her passion for work and she considers the occasional pats on the back or small notes of commendation from her bosses as a bonus that further ignites her motivation to continuously deliver excellence at work. According to Shahdee, passion means having total devotion; and passion at work stems from having total commitment to the job and knowing that a small role in the company contributes to and benefits the organisation as well as the country. Each day, Shahdee looks forward to come to work because she knows she’s contributing to a bigger cause. For instance, part of her work involves speaking at seminars to educate people in healthcare establishments on the potential hazards and importance of proper handling and management of clinical waste, which help to reduce the risk of cross infection and spread of disease. It is Shahdee’s hope that as responsible citizens, we leave our children and other generations to come, a world that is greener, safer and healthier. Shahdee joined UEM Group in September 1994. She will be completing her part-time MBA in Strategic Management with the International Business School, Universiti Teknologi Malaysia in June 2005. Shahdee is married. To relax, she reads and watches movies. pas•sion [noun] [’pa-sh&n] : intense, driving, or overpowering feeling or emotion, the object of such enthusiasm Source: Merriam-Webster’s Dictionary of Law

UEM Group celebrated the various Malaysian festivals together with all Malaysians via an advertising campaign that embraced the essence of each festival, while holding true to its commitment to developing intellectual capital and enhancing value.

10 Nov 2004

• The Star • New Straits Times • Malaysia Nanban

13 Nov 2004

• • • •

New Straits Times Utusan Malaysia Sunday Star Berita Mingguan

8 Feb 2005

• • • • •

New Straits Times Sin Chew Jit Poh Nanyang Siang Pau The Star China Press

Happy 2005 Malaysia.

31 Dec 2004 – 1 Jan 2005

• • • • •

The Star New Straits Times Utusan Malaysia Berita Harian Sin Chew Jit Poh

UEM WORLD BERHAD (608514-U) MCOBA Building 42 Jalan Syed Putra 50460 Kuala Lumpur Malaysia Tel: 603 2718 6868 Fax: 603 2718 6894 www.uemworld.com