PDF Version (English) - ChartNexus

24
SUNWAY
CITY
BERHAD
ANNUAL
REPORT
2010
Chairman’s Statement
one of the Top 10 developers as this reflects the Group’s focus
in becoming an innovative and customer-centric leading master
community developer.
At the prestigious International Real Estate Federation (FIABCI)
Malaysia Property Awards, the Group became the jubilant
developer to bag 2 coveted honours. Sunway City Ipoh received
the esteemed best Master Plan Award; while Sunway Pyramid
triumphed in the best Retail Development Category.
To date and in entirety, SunCity has garnered a total of six
awards from the prominent worldwide network for professionals
in the property industry, with Sunway Pyramid honoured for the
second time.
FIABCI Malaysia Master Plan Category for Sunway City Ipoh and Best Retail Development 2010 for Sunway Pyramid
Amongst the many entries, Sunway City Ipoh emerged as
winner of the Master Plan Category for its successful and
sustainable concept plan of building a township and housing
estate development that catered to the healthy lifestyle of the
community. On the other hand, Sunway Pyramid trumped all
entries to become the Best Retail Development 2010 for the
second time as a tribute to its RM550 million transformation into
a 4-million sq ft shopping kingdom.
SunCity’s excellent brand performance was further reaffirmed
when it won the Putra Brand Award in the Property Development
category award at the Putra Brand Awards 2011 for the second
consecutive year.
Collectively, all these awards and accolades reflect the Group’s
strong positioning as a dynamic and integrated Malaysian
property conglomerate which offers consumers and investors
the ‘Best of Both Worlds’ – properties of exceptional quality from
the property development division, as well as exciting destination
properties for all. SunCity’s townships of Sunway Integrated
Resort City and Sunway City Ipoh are the hallmarks of its “Best of
Both Worlds” proposition offering outstanding brand experience.
Leading towards Better Corporate Governance
SunCity was recognised for the very first time in the 2nd
Malaysian Corporate Governance (MCG) Index 2010 by winning
the Industry Excellence Award under the Property category. The
award is in line with the objective of ensuring best corporate
governance practices amongst public listed companies by
the Minority Shareholder Watchdog Group (“MSWG”). MSWG
was set up as a government initiative to be part of a broader
capital market framework to protect the interest of minority
shareholders.
SunCity had also emerged victorious in the National Annual
Corporate Report Awards (“NACRA”) Industry Excellence
Awards in the Property, Hotels and Trusts category for the fourth
consecutive year. NACRA gives recognition of excellence in
annual corporate reporting as well as promotes more effective
communication of financial and business information. NACRA
is the collaborative effort of Bursa Malaysia Berhad, Malaysian
Instutite of Accountants (MIA) and The Malaysian Institute of
Certified Public Accountants (MICPA). Both the MCG Index and
NACRA awards reflect the Group’s commitment to excellence in
corporate governance.