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Responsible Developer<br />

As a responsible developer, SunCity has also initiated the<br />

establishment of Joint Management Bodies (“JMB”) in SunCity’s<br />

strata titled developments. SunCity goes a step further by<br />

demonstrating transparency, integrity and professionalism<br />

in complying with the new Building and Common Property<br />

(Maintenance and Management) Act 2007. Lawyers were<br />

engaged to conduct the nomination for the JMB and to field<br />

legal questions regarding the body while a professional<br />

accountant has been appointed to maintain the accounts<br />

and ensure a proper transfer of funds over to the JMB.<br />

Sunway South Quay Lakeside Metropolis<br />

FUTURE PLANS:<br />

• SunCity will continue to focus on the luxury segment<br />

with many new developments planned for launch,<br />

especially in Sunway South Quay. Our endeavour would<br />

be to create luxury spaces for both residential and<br />

commercial purposes; with international standards and<br />

global appeal.<br />

• In line with its vision, SunCity will also continue to<br />

explore new frontiers and establish its foot-print beyond<br />

its current locations in India, China and Cambodia.<br />

Innovation and best-in-class practices will be the key<br />

to our success. Our regional credibility and joint venture<br />

partnerships in foreign markets will help us deliver realvalue<br />

for our customers worldwide.<br />

SUNWAY CITY BERHAD ANNUAL REPORT 2008<br />

45

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