PDF Version (English) - ChartNexus

More documents

Recommendations

Info

Vision A premier property company focusing on quality real estate development and investing in properties with attractive yields that augment its township development to generate excellent returns that maximise shareholders’ value. Sunway City Berhad Group of Companies shall achieve the vision through the realisation of the following goals: • Exceeding customers’ needs with superior and innovative products and services. • Building and developing a culture and environment that promote excellence and dedication in its stakeholders. • Utilising technology to enhance the Group’s competitive advantage in the marketplace. Mission To create a conducive environment for living, working and leisure by transforming the existing landscape and/or landform into well-designed and visually stimulating structures that will greatly enhance its value.
TABLE OF CONTENTS Revenue (RM) Profit Before Tax (RM) 1.3 bil 2008 1.1 bil Chairman’s Statement 2 Calendar of Significant Events 8 Corporate Information 10 Corporate Philosophy 12 Group Corporate Structure 14 Awards and Accolades 16 Financial Highlights 20 Segmental Performance 21 Chief Financial Officer’s Review 22 Value Added Statement 26 Share Performance 27 Profile of Board of Directors 30 Profile of Management Team 36 Key Business Segments Property Development 40 Property Investment 46 Hospitality 50 Leisure 54 Healthcare 56 Excelling in Safety is Our Priority 60 Quality Assurance in Our Deliverance 61 Corporate Responsibility 62 Corporate Governance Corporate Governance Statement 74 Terms of Reference of Executive Committee of the Board 81 Terms of Reference of Nomination Committee 84 Terms of Reference of Remuneration Committee 85 Terms of Reference of Employees’ Share Option Scheme Committee 86 Terms of Reference of Risk Management Committee 88 Audit Committee Report 89 Statement on Internal Control 93 Enterprise Risk Management 95 Additional Compliance Information 97 Investor Relations 99 634 mil RESULTS HIGHLIGHT 296 mil 2007 2008 2007 15% 114% Note: Including assets revaluation surplus Financial Statements Directors’ Report 102 Statement by Directors 110 Statutory Declaration 110 Report of the Auditors 111 Income Statements 113 Balance Sheets 114 Statements of Changes in Equity 116 Cash Flow Statements 119 Notes to the Financial Statements 123 List of Properties 228 Recurrent Related Party Transactions 238 Shareholdings’ Information Directors’ Interests in Shares, Options over Ordinary Shares and Warrants 239 Analysis of Shareholdings 240 Analysis of Warrantholdings 242 25th Annual General Meeting Notice of 25th Annual General Meeting 244 Statement Accompanying Notice of 25th Annual General Meeting 248 Form of Proxy 1 SUNWAY CITY BERHAD ANNUAL REPORT 2008
Page 2 and 3: Global Metamorphosis Sunway City Be
Page 6 and 7: 2 SUNWAY CITY BERHAD ANNUAL REPORT
Page 23 and 24: Financial Highlights Segmental Perf
Page 25 and 26: PROPERTY DEVELOPMENT Revenue RM721m
Page 27 and 28: Consolidated Income Statement 5-Yea
Page 29 and 30: Sustaining its Net Cash Flow Consol
Page 31: KLCI 1500 1450 1400 1350 1300 1250
Page 43 and 44: Key Business Segments Property Deve
Page 45 and 46: The internationally-acclaimed Resor
Page 47 and 48: Landbank Acquired in 2008 In 2008,
Page 49 and 50: Responsible Developer As a responsi
Page 51 and 52: After 10 years of success, Sunway P
Page 53 and 54: 2008 MILESTONE: • Sunway Carnival
Page 55 and 56:
No. of guestrooms 1,234 Room occupa
Page 57 and 58:
FUTURE PLANS: • An integrated wel
Page 59 and 60:
Park Size 128acres Visitorship 1.6m
Page 61:
Specialist Consultation Suites 59cl
Page 64 and 65:
60 SUNWAY CITY BERHAD ANNUAL REPORT
Page 66 and 67:
Page 68 and 69:
Page 70 and 71:
Page 72 and 73:
Page 74 and 75:
Page 77 and 78:
Corporate Governance Corporate Gove
Page 79 and 80:
The Board met 7 times during the fi
Page 81 and 82:
RE-APPOINTMENT, RETIREMENT BY ROTAT
Page 83 and 84:
The details of the Directors’ rem
Page 85 and 86:
The management of the Company shall
Page 87 and 88:
(v) Conveying, selling, leasing, tr
Page 89 and 90:
TERMS OF REFERENCE OF REMUNERATION
Page 91 and 92:
(iii) in the event such Option Hold
Page 93 and 94:
FORMATION The Audit Committee was f
Page 95 and 96:
(c) The quarterly results and year
Page 97 and 98:
INTRODUCTION The Malaysian Code on
Page 99 and 100:
ENTERPRISE RISK MANAGEMENT In SunCi
Page 101 and 102:
The information set out below is di
Page 103:
SunCity believes in accountability,
Page 106 and 107:
102 SUNWAY CITY BERHAD ANNUAL REPOR
Page 108 and 109:
Page 110 and 111:
Page 112 and 113:
Page 114 and 115:
Page 116 and 117:
Page 118 and 119:
Page 120 and 121:
Page 122 and 123:
Page 124 and 125:
Page 126 and 127:
Page 128 and 129:
Page 130 and 131:
Page 132 and 133:
Page 134 and 135:
Page 136 and 137:
Page 138 and 139:
Page 140 and 141:
Page 142 and 143:
Page 144 and 145:
Page 146 and 147:
Page 148 and 149:
Page 150 and 151:
Page 152 and 153:
Page 154 and 155:
Page 156 and 157:
Page 158 and 159:
Page 160 and 161:
Page 162 and 163:
Page 164 and 165:
Page 166 and 167:
Page 168 and 169:
Page 170 and 171:
Page 172 and 173:
Page 174 and 175:
Page 176 and 177:
Page 178 and 179:
Page 180 and 181:
Page 182 and 183:
Page 184 and 185:
Page 186 and 187:
Page 188 and 189:
Page 190 and 191:
Page 192 and 193:
Page 194 and 195:
Page 196 and 197:
Page 198 and 199:
Page 200 and 201:
Page 202 and 203:
Page 204 and 205:
Page 206 and 207:
Page 208 and 209:
Page 210 and 211:
Page 212 and 213:
Page 214 and 215:
Page 216 and 217:
Page 218 and 219:
Page 220 and 221:
Page 222 and 223:
Page 224 and 225:
Page 226 and 227:
Page 228 and 229:
Page 230 and 231:
Page 232 and 233:
Page 234 and 235:
Page 236 and 237:
Page 238 and 239:
Page 240 and 241:
Page 242 and 243:
Page 244 and 245:
Page 246 and 247:
Page 248 and 249:
Page 250 and 251:
Page 252 and 253:
Page 254 and 255:
PLEASE FOLD HERE PLEASE FOLD HERE T
Page 256:
Sunway City Berhad (87564-X) Level
show all

PDF Version (English) - ChartNexus

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?