SUNDAY STAR, 24 JULY 2016

special

MALAYSIAS
SUCCESSFUL COMPANIES

Setting the standard

SUNDAY STAR, 24 JULY 2016

2 malaysias successful companies

Leading lifestyle developer

MAH Sing Group Bhd has always
been on the forefront of Malaysias
property development, making
waves as a key player in the
property and development
industry with the aim of providing
affordable living and lifestyle
solutions.
The group is basking in the
significant growth of its operations
and business expansion with
approximately RM1.1bil in cash
and bank balances as well as a
net gearing of 0.09 times as of
March 31 this year.
The final-stage billing of the
group amounts to approximately
RM474mil for the remaining
properties set to be completed this
year and it is still exploring land
acquisition and joint venture
opportunities.
Mah Sing is recognised for
exceptional quality in its property
projects and this is evident in its
consumer response.
According to Tan Sri Datuk Seri
Leong Hoy Kum, group managing
director and group chief executive
for Mah Sing Group Bhd, when
Mah Sings buyers purchase one of
their commercial housing units, it
is likely that they will call it home
for a significant portion of their
lives.
We ensure all of our
developments are up to mark
when it comes to quality. Each
of our developments undergoes
stringent quality assessments
and we have also won numerous
awards that highlight our
dedication in delivering quality
homes, he says.
With a key focus in ramping
up property development,
Mah Sing will be involved in the
development of Greater Kuala
Lumpur and Klang Valley, Johor
Baru, Penang and other states with
strong economic prospects.
Since its incorporation as a
plastic trading firm in 1965,
Mah Sing has come a long way.
The company moved to plastic
manufacturing in 1986 and
business boomed with proprietary
and original equipment
manufacturing of automotive and
electrical and electronic products.
The company was listed on the
Bursa Malaysia second board
under the industrial sector in 1992.
However, due to a change in the
economic climate, the company
sought to embrace a new business
perspective in the mid-1990s.
Twenty-two years since the
company ventured into the

Enriching
work
culture

Cerrado@Southville City is on the list of property launches for the second half of this year.

property sector, Mah Sing is now

one of the few fully integrated
property developers in Malaysia
with high-rise and landed
residential property, commercial
centres and industrial parks.
We were facing thinning
margins and, in a bid to protect
shareholders value, I knew I had
to forge a new path for Mah Sing.
With that, we ventured into the
property industry in 1994 with our
maiden property project in Ulu
Yam, Selangor. It was a 45-acre
(18.2ha) project comprising linked
homes, says Leong.

Holding on tightly
Although this year has proven to
be a challenging year in terms of
sales and economy, Mah Sing is
confident of its solid foundation
built over 20 years.
With the companys ability to be
responsive to market conditions,
Mah Sing is able to maintain its
position as one of Malaysias
leading property developers.
The company was also selected
as one of Macquarie Researchs
(a global investment banking and
diversified financial services
group) top 10 picks in the property
sector for Malaysia. In addition to
this, Mah Sing is on the UBS Global
Recommendation list.
As a market-driven developer,
Mah Sing has a particular interest

Tan Sri Datuk Seri Leong Hoy Kum,

group managing director and group
chief executive for Mah Sing Group
Bhd.

in developing homes around the

central region with 89% of Mah
Sings planned residential launches
priced below RM1mil, 68% priced
below RM700,000 and 50% below
RM500,000.
The company has a dedicated
research team that conducts
in-depth studies on the market
needs and thus provides
information on the latest market
trends.
Mah Sings unbilled sales were
valued at approximately RM4.53bil
as of the end of this years first
quarter, which makes up
approximately 1.61 times the
revenue recognised from the
groups property division last year.

Mah Sing won the Top Ranked Developer of the Year award at the StarProperty.my Awards 2016.

The conclusion of this years first

quarter also recorded the
remaining gross development
value and unbilled sales of
approximately RM32.25bil, which
is projected to support the
companys revenue growth for
eight to nine years.
In terms of operations, Mah Sing
is dedicated to stepping up efforts
to reach its sales target of RM2.3mil
with upcoming launches in the
second half of this year.
We look forward to the
launches of Cerrado@Southville
City, the final towers of Lakeville
Residence and Dsara Sentral as
well as M Residence 2 to contribute
to our sales target.
The group is also looking to
showcase Ferringhi Residence 2
on Penang Island as well as The
Greenway@Meridin East in
Iskandar Malaysia, Johor Baru,
later this year. Meridin East is our
largest township in Malaysia and
we expect it to be another key
performer for the group, together
with Southville City@KL South,
says Leong.
Mah Sing continues to keep a
lookout for land banks in strategic
locations with good accessibility
that fits the groups business
model. The group is taking the
initiative to mould valueenhancing initiatives that will
further strengthen its position in
the market.
A clear example is Southville
City, a 428-acre (173.2ha) township
located in Bangi. The group intends
to leave the remaining land in its
natural green state to maintain the
townships green concept.
In addition to this, there will be
eco-friendly features to encourage
the community to adopt a healthy
and active lifestyle.
Land banks represent our raw
materials and we always look at
enhancing the value of the land,
he says.
As a whole, Mah Sing is
committed to being a marketdriven developer from the
selection of land banks at strategic

NUMBERS and awards are typical

yardsticks of a corporates
success, yet it is the many
employees who are the heart
and soul of a company.
For Mah Sing, its workforce is
its biggest asset.
It is a challenge to scout for
good talent. We want the cream
of the crop to have Mah Sing at
the top of their list when they
want to apply for a job in the
property industry, says Tan Sri
Datuk Seri Leong Hoy Kum,
group managing director and
group chief executive for Mah
Sing Group Bhd.
As testament to the companys
pursuit to source and groom
world-class talents, Mah Sing
was awarded Malaysias Best
Employer Brand Awards for two
consecutive years; the HR Asia for
Best Companies to Work For In
Asia 2013; the Asia Responsible
Entrepreneurship Awards 2015
Investment in People; and the
Asia HRD Awards 2014 for
Contribution to the Society.
However, every company is
like a ship the captain not only
has to be strategic in making
decisions, he must inspire his
crew especially when bracing a
storm.
The description of a good
leader is to be driven, passionate
and disciplined. I always
emphasise to my team that
change is constant and through
change you can constantly
improve and learn new things,
says Leong.
I am proud to say that these
are the values my team practises.
Hence, we are able to adapt
quickly and constantly innovate
our products to meet the needs of
the market, he adds.
Mah Sing understands the
significance of human capital in
the group, hence it is committed
to nurturing a diverse, versatile
and dedicated talent pool for its
growth and development.
locations to the design and
planning of properties to customer
experience when the property is
handed to them.
Where does the group see itself
in 10 years?
I hope to see Mah Sing continue
to grow and maintain its stature as
one of the top developers in the
country. We would like to continue
our township development, niche
industrial development as well as
strategic commercial and malls
development, says Leong.
My ultimate goal is to see Mah
Sing recognised as a world-class
developer.

n For more information, visit

www.mahsing.com.my.

SUNDAY STAR, 24 JULY 2016

SUNDAY STAR, 24 JULY 2016

4 malaysias successful companies

TENAGA Nasional Berhad (TNB)

is the national electric utility in
Malaysia and one of the largest
in the region, with an asset base
totalling RM111.7bil.
With a history spanning more
than 65 years, TNB is also the most
experienced energy player in the
country responsible for keeping
the lights on for residents of
peninsular Malaysia, Sabah and
Labuan.
TNBs core businesses encompass
power generation, transmission
and distribution. Its generation
division operates six thermal
power stations and three major
hydroelectric power-generating
schemes in addition to supporting
the operations and maintenance of
three independent power
producers.
Striving to deliver world-class
customer experience, the
transmission and distribution
divisions supply power throughout
peninsular Malaysia and to large
industrial customers via the
national grid.
Through its subsidiaries, TNB is
also involved in energy-related
operations such as the
manufacturing of transformers,
high-voltage switchgears and
cables, professional consultancy
services, architectural, civil,
electrical engineering works
and services, and repair and
maintenance.
Supporting both its core and
non-core businesses, TNB has
a research and development
function that looks into
technologies that add value
to all its operations.
TNB is guided by policies and
best practices in its dealings with
vendors, business associates and
the investment community.
TNB engages intensely with the
Government and its agencies to
ensure the smooth evolution of
the Malaysian Electricity Supply
Industry (Mesi).

Laudable achievements
The companys vast experience
has allowed it to reach new heights
over the years. From 2009 to

Global expansion

Tenaga Nasional Berhad strives to deliver world-class customer experience throughout the peninsula.

Powering for growth

March this year, TNBs market
capitalisation grew from
RM35.3bil to RM75.4bil.
In February, TNB launched
its latest coal powerplant
Janamanjung Unit 4 (1,000MW)
that uses advanced technology to
gain better efficiency and
performance.
TNB achieved world-class
performance in system security
and reliability comparable to
countries in Europe.
Efficiency in electricity
generation and network plants
also improved with unplanned
outage rates recording less than
4% last year.
In addition, TNB exceeded
customer expectations by
achieving an 8.0 customer
satisfaction index (from 7.6 in
2014) through the launch of TNB

CareLine 15454 (a world-class

one-stop 24/7 customer centre),
improving services delivery time,
and launching the Home Energy
Report 2015.
The electric utility has
continuously assisted in building
human capital by supporting
Khazanahs GLC Transformation
Programme that includes the
Promoting Intelligence, Nurturing
Talent, and Advocating
Responsibility (PINTAR) and
Leadership Development
Circle (LDC) initiatives.
As a result of the GLC
Transformation Programme,
TNB has a bigger presence in the
region compared to when the
programme started 10 years ago.
Other notable achievements
include being ranked ninth among
electric utilities in Asia and the

18th fastest-growing company

in Asia as well as winning the
Ascender of the Decade Award
(from 168th in 2006 to 36th last
year) in the PLATTS Top 250
Global Energy Awards.
TNBs Vendor Development
Programme has served to benefit
hundreds of Bumiputera small
and medium enterprises,
stimulating the nations economy
while also supporting the
Governments Bumiputera
development agenda.
Since 1993, the Vendor
Development Programme has
been implemented in three phases
Program Pembangunan
Keusahawan (1994 to 2006),
Program Pembangunan Vendor
Bumiputera (2007 to 2014) and
Bumiputera Supplier Programme
(2015 onwards).

TNB aspires to grow its

presence within the region,
lending its expertise to nations
experiencing a surge in power
demand as a result of rapid
socioeconomic development.
The energy ventures division
has been mandated to explore
possible ventures for TNB to
participate within South-East
Asia and the Middle East.
As part of its domestic and
regional expansion plan, TNB is
actively expanding its businesses
internationally.
The company is currently
exploring several business
opportunities in India, Indonesia,
the Philippines, Vietnam and
countries in the Middle East
through mergers, acquisitions
and by bidding for Greenfield
projects.
Besides being a stakeholder in
related companies in Turkey,
TNB has a reasonably strong
global presence in seven other
countries Indonesia, Brunei,
Pakistan, Saudi Arabia, United
Arab Emirates, Kuwait and India.

Employee investment
To safeguard the sustainability
of its operations, TNB believes
in adding value to all its
stakeholders. TNB invests in
the professional development
of its 36,146 employees while
supporting them to achieve a
healthy work-life balance.
Among the strategies TNB
employs to retain its talent
are through performance,
communication, loyalty and
competitive advantages.
TNB has been a key
contributor to the nations social
and economic development over
the years. It is committed to
maintaining the status quo as it
transforms into a more efficient
and effective organisation that is
able to create a better and
brighter future for Malaysia.

n For more information, visit

www.tnb.com.my.

One with the community

WITH the community being at
the heart of the company, Tenaga
Nasional Berhad (TNB) has carried
out various corporate social
responsibility programmes and
events ranging from education to
socially empowering activities.
Among them is the companys
rural electrification programme
that has connected more than
19,400 rural homes with electricity
since the early 1980s. Besides this,
TNB has sponsored a five-year
conservation project for firefly
rehabilitation in Kuala Selangor.
This includes upgrades to the
physical infrastructure of the local
village, sponsoring boats, and
providing English, Arabic
and Japanese language lessons
to boatmen, thus boosting
ecotourism for the local
community who now welcome
80,000 nature lovers annually.
In education, TNB has been a
loyal supporter of Khazanah
Nasional-inspired PINTAR

Programme. TNB also adopted

more than 13 schools nationwide
and helped 4,038 students, 391
teachers and 12,144 members of
local communities in the financial
year 2014.
Since 1993, Yayasan Tenaga
Nasional has provided help to
more than 8,820 students and
invested RM34.6mil to sponsor
2,478 outstanding students at local
and world-renowned universities.
TNB has also played a key role
in Malaysian sports, grooming
more than 40 national hockey
players from TNB since the 1950s.
TNB hockey stars tour the country
to conduct training sessions for
young talents and up to 2,000
talents have been identified
through hockey clinics.
TNB has employed many
hockey players, developed young
players and sponsored various
tournaments throughout its
history. Sekolah Sukan Tunku
Mahkota Ismails (SSTMI)

Thunderbolts has progressed

tremendously in hockey after
its adoption by TNB, producing
many star players.
Under the PINTAR school
adoption programme, TNB has
adopted more than 20 primary
schools nationwide. The company
also allocates RM100,000 to each
Sukma Games.

Committed to the
environment
In recent years, TNB has
become a champion of renewable
energy (RE) as part of its
commitment to promote a greener
and more sustainable energy
sector.
TNB signs renewable energy
purchase agreements with RE
producers and for the
administration of the feed-in tariff
(FiT), which funds the supply of
RE onto the national grid.
TNB has been involved in the

use of RE since the early 1980s

through the run of the river
hydro projects for rural
communities. TNB is also further
committed to support the
Government in its initiative in
increasing RE to meet the
Governments target of 2,080MW
of RE generation by 2020.
Notable measures include:
l Opening its network and
allowing connections of smallscale RE plants for RE developers
participating in the FiT scheme.
To date, there is approximately
340MW of RE (FiT Scheme)
operating in TNBs network while
another 540MW is in the pipeline
under the FiT.
l Pursuing joint partnerships
for the development of RE plants:
- Amcorp Power (20MW mini
hydro in Sungai Liang)
- Felda (12MW biomass in
Jengka)
- Sime Darby (3.2MW biogas
in Tanjung Malim and Kulai)

l Committed to becoming a
green utility company, delivering a
sustainability report that
embodies sustainability elements
in its operations, products and
services.
l Allocating Green Funds for
the development of sustainability
projects that benefit the nation.
TNB acknowledges the need to
protect and preserve the
environment and has embarked
on numerous initiatives under its
comprehensive Environmental
Management System to reduce
environmental impact.
Besides RE, TNB has ventured
into clean coal technology, with
the opening of the Sultan Azlan
Shah Power Station in Perak in
2007 that meets World Health
Organization standards.
The eco-friendly features let the
surrounding mangroves continue
to be healthy fishing grounds for
locals.

SUNDAY STAR, 24 JULY 2016

SUNDAY STAR, 24 JULY 2016

6 malaysias successful companies

WHEN Malaysian Resources

Corporation Berhad (MRCB), one of
Malaysias leading urban property
development and construction
groups, reported its 2015
performance on Feb 22, the results
were nothing short of stellar
revenue grew by 12% to
RM1,697mil and profit after tax
grew by 116% to RM330mil.
The Groups urban development
land bank grew to 410 acres
(165.9ha) and a gross development
value of more than RM50bil.
These results, which can be
directly attributed to the ongoing
corporate transformation and
deleveraging efforts implemented
following the installation of the
new management team led by
group managing director Tan Sri
Mohamad Salim Fateh Din, were
the best achieved by the Group in
10 years.
MRCB Group performed
strongly last year despite
challenging conditions, which was
reflected in our net profit of
RM330mil, a growth of 116%; our
balance sheet strengthened as well
with total assets standing at RM7bil
at the end of the financial year,
says Mohamad Salim.
An example of innovative
design, planning and execution, the
Kuala Lumpur Sentral central
business district (CBD)
development is unique and the
first of its kind in Malaysia; a
mixed development centred on an
integrated transport hub.
Kuala Lumpur Sentral CBD is
Malaysias largest transit hub,
offering global connectivity,
excellent investment opportunities
and unrivalled business
convenience. It was even granted
XKL Global Destination Code
by the International Air Travel
Association for its airport check-in
facilities.
At its nucleus is the RM1.1bil
world-class transportation hub,
Stesen Sentral Kuala Lumpur, the
winner of the FIABCI Malaysia
Award of Distinction 2002 and
finalist for FIABCI International
Prix dExcellence 2003.
Its infrastructure supports six
rail networks the KLIA Express
Rail Link, KLIA Transit, Putra LRT,
KTM Komuter, KTM Intercity and
KL Monorail with an average of
180,000 commuters passing
through the hub every day.
The upcoming MRT Museum
Negara station will be linked to
Stesen Sentral via a pedestrian
tunnel walkway and will
significantly raise the average
number of daily commuters to well
beyond the 200,000 per day mark.
Kuala Lumpur Sentral CBD is
now almost completed with only
Lot F on its east side to be
developed, comprising a gross
floor area (GFA) of 3.2 million sq ft
(297,289.7sq m).
Overall, the RM18.4bil
development has collectively
garnered more than 17 awards
from FIABCI such as The Edge-PAM
Excellence Awards, Editors Choice
Property Awards, Stevie
International Business Awards and
the Islamic Finance News Award
Musyarakah Deal of the Year.
MRCB was already an
established developer for many of
Malaysias iconic developments
when it pioneered the category of
transit-oriented developments (or
TODs) with its vision for the Kuala

Malaysian Resources Corporation Berhads flagship project is KL Sentral CBD, the nations largest transit hub.

Building the future

Lumpur Sentral CBD development.
This development paved the way
for many of todays developers to
further interpret the category.
Never one to rest on its laurels,
MRCB continues to raise the bar
with as many as five new TOD
projects in the pipeline, and its
acquisition of several significant
new pieces of land (such as the
1.87-acre (0.76ha) German
Embassy land in the heart of Kuala
Lumpur with a gross development
value (GDV) of RM1.5bil) will
further spur its growth and
reputation as Malaysias urban
transformation specialist.

and sustainable design by

embodying brand values of being
courageous, creative, driven,
customer-centric and accountable.
As a high-performance
organisation, MRCB is determined
to deliver the best products to its
customers.
Ultimately, these products bring
improvements to lives and
communities. The outstanding
success and urban lifestyle
transformation that MRCB
delivered with Kuala Lumpur
Sentral CBD established the first
true benchmark in TOD
development for the Group.

Redefining standards

In a league of its own

Just as the industry is evolving

rapidly, with more and more
developers aggressively competing
for a share of the pie, MRCB
recognises that simply keeping up
is not an option.
To stay in the lead, it recently
embarked on an internal
rebranding exercise to more
accurately define and drive the
way it does business.
Arriving at its new brand vision,
which has been aptly articulated as
setting the standard, MRCB sees
its mission as transforming
communities through innovation

As ever-increasing numbers of
people flock to the Klang Valley
and the Greater Kuala Lumpur
area each year in search of jobs
and opportunities, the pressure to
improve mobility via road-and-rail
transport to connect the capital city
with its outlying communities and
townships is at an all-time high.
The Malaysian Government is
now putting an emphasis on mass
rapid transit (MRT), light rail
transit and monorail transport as
strategies to stimulate development
in new areas. This has given rise to
TODs.

The development of Cyberjaya City Centre will cement Cyberjayas

position as the nations global technology hub.

Building on the lessons and the

experiences of the seminal Kuala
Lumpur Sentral CBD development,
MRCB has since embarked on the
development of five other TODs
comprising PJ Sentral Garden City,
Penang Sentral, Kwasa Sentral,
Cyberjaya City Centre and KL
Sports City in Bukit Jalil. These are
the kinds of mega projects that
define MRCBs competitive edge.
PJ Sentral Garden City will be the
first-ever TOD project designed
around the extensive use of
greenery to rejuvenate the centre
of Petaling Jaya.
Located on 40 acres (16.19ha) of
prime land to be developed over
two phases, PJ Sentral Garden City
is planned as a mix of commercial
office towers and residential
towers, a shopping centre and
anchored by a 10-acre (4.05ha)
public park.
Phase 1 of PJ Sentral Garden City
is expected to be completed in 2018
while Phase 2 is targeted for
completion in 2026.
Penang Sentral is set to be a
catalyst for economic growth
in the northern region.
The transformation of this
almost 100-year-old public
transportation focal point in
Seberang Perai Utara, Butterworth,
into an ultra-modern TOD will
bring new levels of connectivity,
convenience and convergence for
the regions ferry, railway, bus and
taxi transportation modes. Upon
completion, this 24-acre (9.71ha)
development with a potential GDV
of RM2.8bil is targeted to serve
180,000 commuters every day.
Kwasa Sentral has been planned
as a blueprint for TODs of the
future. It is designed to serve as the
CBD for the exciting new 2,330-acre
(942.9ha) Kwasa Damansara
township in the Klang Valley.
Kwasa Sentrals GDV is expected to
be higher than the currently
projected RM8bil, as the 64-acre
(25.9ha) parcel will take 12 to 15
years to complete over six phases
that will see the construction of
offices as well as residential, retail,
leisure and hospitality components.
Cyberjaya is now home to more
than 800 firms, including 40
multinational corporations, four

What is a TOD?
A transit-oriented development
is a mixed-use residential and
commercial area designed to
maximise access to public
transport and often
incorporates features to
encourage transit ridership.
A TOD neighbourhood
typically has a centre with a
transit station or stop (train,
metro, tram or bus stop),
surrounded by relatively highdensity developments with
progressively lower-density
developments spreading
outward from the centre.
TODs are generally located
within a radius of a quarter
to half a mile (400m to 800m)
from a transit stop as this is
considered to be an appropriate
scale for pedestrians.
The successful
implementation of TODs will
revolutionise the transport
patterns and lifestyles of
Malaysians, who can expect
reduced travelling time
between their home and
workplace.

universities and two colleges.

In view of future emerging
challenges and opportunities,
Cyberjaya City Centre has been
planned as the next generation
urban hub of Cyberjaya with
seamless transport-oriented
connectivity across its many
different components commercial
blocks, an integrated lifestyle and
retail centre, serviced residential
complexes and a world-class
convention centre.
It will propel Cyberjaya into a
global technology hub that will
enhance the application of various
technologies and redefine the
meaning of smart cities,
eco-friendly developments,
connectivity, innovation and living.
Phase 1 has an approximate GDV
of RM5.35bil for a period of seven
years.

> SEE NEXT PAGE

SUNDAY STAR, 24 JULY 2016

malaysias successful companies 7

Successful synergies Innovating

modern lifestyle

Upon completion in 2020, the LRT3 line from Bandar Utama to Johan Setia is anticipated to serve two million
commuters.

MALAYSIAN Resources Corporation

Berhads (MRCB) other core activity
is its engineering, construction and
environment division, which has
achieved significant synergies with
the Groups core business of
property development and
investment.
Recording a revenue of
RM774mil last year an increase of
51% over 2014 it has an external
order book of RM6.6bil.
Among the major projects won
are the Light Rail Transit Line 3
PDP Contract, the rejuvenation of
Bukit Jalil Sports Centre, the Kwasa
Utama mixed-development
projects in Kwasa Damansara, and
the Desaru coast developments in
Johor. The Desaru developments
comprise two hotels, a convention
centre, resort villas and
recreational facilities.
As the project delivery partners
for LRT3 (Light Rail Transit Line 3),
MRCB and its joint venture
partner George Kent will manage
the construction of the 37.6km
LRT3, which will run from Bandar
Utama in Petaling Jaya to Johan
Setia in Klang, plying through 26
stations with 6,000 parking lots.
Valued at RM9bil, the project is
anticipated to serve two million
commuters by 2020.
Its most recent win in May was
Package V210 of the MRT Line 2
Sungai Buloh-Serdang-Putrajaya
project from MRT Corp worth
RM648mil.
The project involves the
construction and completion of a
viaduct guideway and other
associated works from Persiaran
APEC to Putrajaya Sentral.

MRCB today is also at the

forefront of protecting our rivers
and coastlines. It has a
demonstrated capability for
environment mitigation works in
Pahang, Penang and Malacca.
This included work to alleviate
the siltation problem at the
Sungai Pahang river mouth. The
silted river mouth had increased
the risk of flooding and affected
the livelihood of local fishermen.
The solution was the construction
of a breakwater, coastal erosion
protection works and the
dredging of a dedicated
navigation channel at the river
mouth.
Another project that benefited
local fishermen was the
construction of the Bagan Ajam
Jetty at Pantai Bersih in
Butterworth.
Previously, the fishermen could
only berth at low tide and go out
to sea at high tide. Extending the
jetty 150m into deeper waters
enabled year-round fishing for
every fisherman in the
surrounding communities.
MRCB conducted a social return
on investment study and
produced a report that rated the
project as generating RM13 for
the community for every RM1
spent on the jetty project.

Moving forward in the

energy sector
MRCBs Engineering and
Construction Division was
awarded an iconic, first-ever
project to install an overhead
transmission line in Malaysia that

crosses a stretch of sea in the

Straits of Malacca, from Pantai
Siring to Pulau Besar in Malacca.
The project has created a new
landmark for the state.
For the first time in Malaysia, a
routine overhead transmission
line installation work has been
approached with the aim to make
it blend well with tourism
elements. This has set a new
benchmark in technical
achievement and sustainable
enhancement of environmental
aesthetics. Taking the unique
approach has always been MRCBs
forte as demonstrated by the
Groups Kuala Lumpur Sentral
CBD development, and the Green
buildings we have developed in
this area, says Tan Sri Mohamad
Salim Fateh Din, MRCB group
managing director.
Last year, the division was also
awarded three other projects
amounting to RM210mil by TNB.
The three projects included the
diversion of an existing 275kV
Overhead Lines from Bukit Tarek
to Chubadak near Rawang, and
Bukit Lagong Forest Reserve,
installation of a Double Circuit
500kV Overhead Transmission
Lines from Mukim Jabi, Segamat
to Mukim Serting Hilir, Jempol,
and the Main Intake 500/275kV
Substation Lenggeng extension of
3 Diameters 500kV Line.
In light of its successes with
these high-voltage transmission
projects, MRCB is embarking on
other areas of business
development related to power
and distribution, as well as
advanced metering infrastructure.

BESIDES transit-oriented
developments (TODs), Malaysian
Resources Corporation Berhad
(MRCB) is also actively innovating
urban lifestyle with projects such
as 9 Seputeh, Sentral Suites Kuala
Lumpur Sentral and Kalista Park
Homes.
A mix of sophisticated
commercial and residential
components, 9 Seputeh is sited on
a 17.4-acre (7.04ha) stretch of
prime land in Jalan Klang Lama
in proximity to the retail hubs of
Bangsar, Kuala Lumpur Sentral
CBD and Mid Valley Megamall.
It is envisaged as a catalyst for
the regeneration of a 100-year-old
community, transforming it into a
vibrant, youthful and modern
place to live, work and play.
The first parcel of 9 Seputeh
comprises Vivo Residences, 824
units of serviced residences in
four blocks and Vivo SoHo, 287
SoHo suites in a 15-storey tower,
supported by a five-acre (2ha)landscaped deck featuring
sprawling open plazas,
landscaped riverbanks,
environmental decks and green
vertical walls.
The entire development will
eventually have close to 2,000
units of residential units, a trendy
and sizeable retail complex and
one 36-storey commercial tower
upon its completion in 2020.
The key to 9 Seputehs
attraction lies in its easy
connectivity to the New Pantai
Expressway, Federal Highway,
the Maju Expressway and the
East-West Link.
MRCB intends to further
enhance 9 Seputehs connectivity
by building a dedicated link
bridge to the NPE as well as a
dedicated covered link bridge
to the proposed monorail
station to be located along
Jalan Klang Lama.
Sentral Suites Kuala Lumpur
Sentral is the latest residential
development in Kuala Lumpur
Sentral CBD. Its strategic location
encompasses the best of
cosmopolitan lifestyles set against
a rich backdrop of culture and
history. Comprising three towers
of 43 storeys each, Sentral Suites
Kuala Lumpur Sentral is a sleek

and stylish residence featuring

five community Sky Pods, five
themed Sky Gardens and a
landscaped facilities deck with
two swimming pools, a gym,
sauna, Jacuzzi and jogging tracks,
which provide its residents with
options for relaxing and
socialising. Sentral Suites Kuala
Lumpur is expected to be
officially launched in November.
Kalista Park Homes is a gated
and guarded residential
development located in Bukit
Rahman Putra, Sungai Buloh.
An exclusive enclave of 46
large contemporarily designed
semi-detached and linked units
surrounded by lush landscapes,
Kalista Park Homes feature
private lawns and courtyards,
living features for the whole
family and an incredible sense
of spaciousness that celebrates
personal privacy while ensuring
security and safety.
Residents and pedestrians will
find that Kalista Park Homes is
designed with effortless mobility
in mind. Gentle curbs and
seamlessly paved walkways
encourage residents to enjoy
spectacular and panoramic views
of Bukit Rahman Putra Golf
Course as well as the surrounding
landscapes.
The development will be
launched by the end of this year.

Sentral Suites.

Urban transformation specialist forges ahead

> FROM PREVIOUS PAGE
KL Sports City will be built
around the regeneration of the
Bukit Jalil National Sports Complex
and will create a vibrant sports
hub that is made accessible 365
days a year to athletes and the
surrounding communities,
recreational users and general
public.
KL Sports City will consist of

new, world-class infrastructure,

including high-performance
sports training facilities, a sports
rehabilitation science centre,
youth park, public sports facilities,
a sports-themed retail mall and
food and beverage outlets.
MRCBs successful
implementation of these TODs
will revolutionise city living by
enhancing commercial centres
with seamless connection to

transportation networks and

lifestyle services.

Ready to transcend
borders
Kuala Lumpur Sentral CBD
today stands as Malaysias flagship
transit-oriented development
and a fitting reflection of MRCBs
visionary innovation.
It continues to be the inspiration

that drives the Group to explore

new frontiers as well as transcend
borders.
MRCBs Australian residential
development project, The Easton
Burwood in Melbourne comprising
126 luxury apartments, is just the
beginning of its international
expansion.
Closer to home, MRCB is
exploring opportunities in the
region tp develop more innovative

urban lifestyle concepts and next

generation TODs.
As its ambitions continue
to soar, MRCB remains focused
on setting the standard as a
corporation, developer, partner
and leader in improving
customers lives and delivering a
better future for everyone.

n For more information, visit

www.mrcb.com.my.

SUNDAY STAR, 24 JULY 2016

8 malaysias successful companies

UEM Sunrise Bhd will be focusing

on strengthening its fundamentals
to steer the company towards a
period of growth. This recent
strategy was adopted to help the
company weather challenging
market conditions this year.
Last year was a very challenging
period for property developers in
Malaysia, UEM Sunrise included.
However, despite the uncertain
market conditions coupled with the
soft property market, UEM Sunrise
managed to weather the storm,
spurred by the launch of four new
developments, the companys
innovative marketing campaign
Signature Selection and its
deepening presence in Australia.
In the central region of Malaysia,
UEM Sunrise successfully launched
Serene Heights in Bangi and
Residensi Sefina MontKiara in
Mont Kiara, Kuala Lumpur.
In the southern region, the
company launched Estuari
Gardens, the first phase of its
maiden landed residential
development in the exclusive
enclave of Puteri Harbour in
Iskandar Puteri.
On the international front, UEM
Sunrise successfully launched
Conservatory in Melbourne,
Australia, a 42-storey residential
development located on Mackenzie
Street in Melbournes central
business district (CBD).
Its 252-room serviced apartment
component was then sold to
Ascendas Hospitality Trust
Management Pte Ltd in December
last year.
UEM Sunrises Australian
ventures proved to be a success
with Aurora Melbourne Central,
the companys maiden
development in Melbourne,
contributing to RM720mil in sales
last year while Conservatory, its
second project in the city,
contributed RM620mil.
Located on La Trobe Street,
Aurora Melbourne Central boasts
92 storeys of residential space,
making it the tallest building in the
CBD of Melbourne.
It has direct underground
connection to the network, the
Melbourne Central Station as well
as the CBDs largest continuous
retail precinct comprising
Melbourne Central Shopping
Centre, Emporium, Myer, David
Jones, GPO and the Bourke Street
Mall.
Conservatory, also located in the
Melbourne CBD, offers a unique
sense of tranquillity paired with a
view of the Unesco World Heritagelisted Carlton Gardens.
Designed by award-winning Cox
Architecture, the Living in the Sky
concept includes 446 apartments of
one-, two- and three-bedroom units
and a penthouse all nestled within
a 42-storey tower.
Along with ongoing
developments, these four projects
located in Malaysias southern
and central regions and overseas
contribute to property sales
amounting to RM2.37bil,
surpassing the companys target of
RM2bil for last year. This bolstered
UEM Sunrises confidence given the
generally soft local economy at the
time.
To boost the companys sales, in
October last year, UEM Sunrise ran
the Signature Selection marketing
campaign that offered attractive

Strong base to
steer growth

Residensi Sefina MontKiara is one of the many attractive development projects under UEM Sunrise.

packages for selected units in the

southern and central regions.
This two-month long, first-ofits-kind marketing campaign
successfully sold 129 units and
contributed RM215mil.
To replicate the first campaigns
success, the company launched a
second campaign on April 21 called
Rendezvous in France Signature
Selection 2016.
The second campaign took place
from April 1 to May 31 and
featured an array of exclusive
properties across highly soughtafter locations in Cyberjaya and
Bangi in Selangor, Mont Kiara,
Kuala Lumpur, and Iskandar
Puteri, Johor, offering special
packages.
As one of Malaysias leading
property developers, UEM Sunrise
has a social responsibility to and
invests significantly into
educational initiatives in the
communities it shares a presence
with.
UEM Sunrise started off the
PINTAR Programme by adopting
13 primary and four secondary
schools in Gelang Patah, Johor,
in 2008. Last year, it added four
more schools to the programme,
including two KEMAS
kindergartens.
Through the PINTAR Schools
Adoption Programme, UEM Sunrise
invested RM724,920 in its corporate
social responsibility work last year.
This year, UEM Sunrise
continues its efforts to deliver a
diverse range of products with
strong concepts and quality such
as the newly launched Melia
Residences (Phase 1 to 3).
Iskandar Puteri will remain UEM
Sunrises long-term growth driver
in the southern region and it will
continue to develop the area into
the commercial and business
engine of Iskandar Puteri and
gateway of Iskandar Malaysia.
According to UEM Sunrise
executive director Datuk Izzaddin
Idris, the company foresees this
year to be very challenging.
Apart from the launch of its
subsequent developments and
clearing out existing inventories,
UEM Sunrise will continue to
collaborate with strategic partners

as part of its growth strategy and to

add value to its ongoing projects.
In view of the current
consumers sentiment and market
demand, UEM Sunrise will also
continue to foster organic growth
via property-related businesses,
he says.
The current property down
cycle is an opportune time for us to
concentrate on creating a recurring
income base for the company by
leveraging on our existing projects
such as our retail businesses
Publika in Solaris Dutamas and
Mall of Medini in Iskandar Puteri
as well as expanding our revenue
from property management,
project management leasing
services and hospitality.
In line with the Governments
initiatives to provide adequate and
affordable homes for Malaysians,
UEM Sunrise is continuing its
efforts to provide affordable
housing in the southern region.
In collaboration with Denia
Development, UEM Sunrise is
currently developing two
affordable homes projects called
Taman Nusantara and Nusantara
Prima on 650 acres (263ha) of land
in the southern region.
The company has been
developing this plot of land since
early 2000. As of December last
year, a total of 3,830 units of
affordable homes and shop offices
have been delivered.
On its own, UEM Sunrise is
developing more affordable homes
in Nusa Bayu, Denai Nusantara
and Gerbang Nusantara within the
Iskandar Puteri area, offering 80,
1,109 and 4,752 units of mixed
high-rise and landed affordable
homes respectively.
In the central region, the
company has obtained approval
from the Selangor government
through Lembaga Perumahan dan
Hartanah Selangor to develop the
affordable housing component
under the Rumah SelangorKu
Scheme as part of Serene Heights
Bangi.
On June 7, UEM Sunrise
completed and handed over its
Rumah Mampu Milik Johor (RMMJ)
and Perumahan Komuniti Johor
(PKJ) property units as well as

Kedai Kos Sederhana (KKS) in

Bayu Nusantara.
Sijil Layak Memiliki were also
presented to eligible purchasers of
the companys latest affordable
housing project Denai Nusantara.
UEM Sunrise has come a long
way as a property developer,
receiving a lot of recognition for its
work in the property industry.
Most recently, the company
emerged as the World Silver
Winner at the FIABCI World Prix
dExcellence Awards 2016 in the
Residential (High-Rise) category for
its 28 MontKiara development in
Mont Kiara, Kuala Lumpur.
28 MontKiara is an ultramodern development built on
5.81 acres (2.35ha) of freehold
land and offers 460 apartment
units in two 40-storey towers.
Izzaddin says that UEM Sunrise
is pleased with the award and glad
that the FIABCI World Prix
dExcellence award recognises
projects around the world that best
encapsulate a balance of societal
and property needs.
It is a testament to our
commitment to create sustainable
and quality communities and
developments. We are proud that
our developments continue to rank
among the top in the world, not
only in terms of quality and design,
but also in terms of serving the
needs of the community, he adds.

About UEM Sunrise Bhd

UEM Sunrise Bhd is a publiclisted company and one of
Malaysias leading property
developers.
It is the flagship company
for township and property
development businesses of UEM
Group Bhd and Khazanah Nasional
Bhd. UEM Group is wholly owned
by Khazanah, the strategic
investment fund of the
Government.
The company has core
competencies in macro township
development; high-rise residential,
commercial, retail and integrated
developments; as well as property
management and project and
construction services.
In Malaysia, UEM Sunrise is the

master developer of Iskandar

Puteri (formerly known as
Nusajaya), one of the five flagship
zones of Iskandar Malaysia, and is
currently undertaking the
development of the area into a
regional city like no other.
Upon completion, Iskandar
Puteri will become the largest fully
integrated urban development in
South-East Asia that will provide
significant investment, financial
and business opportunities for the
economic growth of the region.
In the central region of
Malaysia, UEM Sunrise is
renowned for its Symphony Hills
project in Cyberjaya, an exclusive
residential development featuring
the countrys first Connected
Intelligent Community services as
well as Serene Heights, an
integrated township development
in Bangi.
The company also has other
award-winning, high-rise
residential, commercial and
mixed-use developments largely
within Kuala Lumpurs affluent
MontKiara enclave, the Kuala
Lumpur City Centre, Shah Alam
and Seremban.
Internationally, UEM Sunrises
presence extends to Vancouver,
Canada, via its 4.8-acre (1.9ha)
mixed-use development, Quintet
at Minoru Boulevard City, and
a recently acquired site in
Alderbridge.
It also has a presence in
Australia, where it commenced the
construction of Aurora Melbourne
Central in September last year,
launched its second Melbourne
CBD development known as
Conservatory in October last year,
and acquired its first city-fringe
property at 412 St Kilda Road in
July last year. The company also
retains a land bank in Durban,
South Africa.
UEM Sunrise is also the
appointed project manager
(marketing) for developer
M+S Pte Ltd, a company owned by
Khazanah and Temasek Pte Ltd for
its Marina One and DUO mixeduse developments in Singapore.

n For more information, visit

www.uemsunrise.com.

SUNDAY STAR, 24 JULY 2016

SUNDAY STAR, 24 JULY 2016

10 malaysias successful companies

BUSINESSES, big and small, have

significant roles to play in the
growth of a country and its
economy. From employment of a
nations citizens to the investment
in its economy, businesses
contribute in numerous ways.
The job of a business is to
provide goods and services, and,
more importantly, fuel for the
nation to move forward. In what
can be considered a chicken and
an egg situation, businesses build
nations through their processes
within and without via the work
they are engaged in. In turn,
countries ensure a climate where
businesses can prosper, grow and
contribute.
Typically, large corporations
contribute to nation building
through their roles and
responsibilities.
Their roles include being largescale employers, being involved in
the creation of business activities
and momentum gearing, and
through their contribution in the
nurturing and upskilling of talent.
In terms of responsibilities, large
corporations play as much a part
in the communities they operate
from as they do in the country they
are established in.
They are essentially large
organisms in the ecosystem of the
country, shaping the environment,
interacting with businesses,
organisations, communities and
governments, creating demand,
and providing a significant portion

Committed partners
in nation-building

The development of a country and the growth of businesses in a nation is a

symbiotic relationship that yields great opportunities for the people.

of the supply.

Power to influence
The biggest factor in a companys
ability to influence is its size. Large
corporations can create trends, run
campaigns and set standards in
their quality of service, and
influence manufacturing outcomes

because of their resources.

One good example of the
contribution of large companies in
Malaysia can be seen in our ports,
roads and transportation systems
that have spurred the nation
forward.
Companies such as Westports
Malaysia and Northport, Plus
Malaysia Bhd and Malaysia

Airlines have poured billions

of ringgit into transport and
infrastructure, creating hundreds
of thousands of jobs, not to
mention the large amount of
taxes being generated for the
government to then invest into
other areas such as education
and healthcare.
From companies also arise
leaders chief executives and
chairmen of some of the top
companies in the country.
Malaysia has an amazing group
of leaders such as Tan Sri Tony
Fernandes, Tan Sri Syed Mokhtar
Al-Bukhary and Tan Sri Datuk
Francis Yeoh, who have not only
decided how their companies
operate but are thought-leaders,
transforming how this country
thinks and behaves.
One such example was the way
the country handled a national
crisis, after the crash of Flight
AK8501. Fernandes was praised for
the way he personally ran things
and dealt with the loved ones of
the passengers and crew.

Progress spurred by
innovation
One of the mechanisms of
growth is innovation. Joseph
Schumpeter, analyst and advocate
of capitalism, says without the
removal of old products,
enterprises and organisational
processes, there will be no room
for growth. Success lies in the
hands of those who think
innovation and achieve innovation.
This is one of the reasons that
small and medium enterprises are
said to be the backbone of the
economy, because they are largely
thought to be more innovative,
have less red tape surrounding
their efforts to grow and evolve,
and have more dedicated and
focused team members. But to say
that large firms are too large to
innovate and significantly
contribute is untrue. Both big and
large firms are critical to the
success of todays economy.

> TURN TO PAGE 12

SUNDAY STAR, 24 JULY 2016

11

SUNDAY STAR, 24 JULY 2016

12 malaysias successful companies

MSM Malaysia Holdings Bhd, the

countrys leading refined sugar
producer, is one of the prominent
companies on Bursa Malaysia with
a market capitalisation of RM3.5bil
(as at 2015).
Since its founding in 1959, the
company spearheads 60% of the
Malaysian market and produces
more than one million tonnes of
sugar annually to ensure
Malaysias demand is met.
With a workforce of
approximately 1,200 people,
MSM operates the sugar business
component of Felda Global
Ventures Holdings Bhd.
It produces, markets and
sells refined sugar products
domestically and has gained
presence in more than 30 countries
worldwide a number that is set to
grow considerably in the coming
years.
MSMs flagship product, Gula
Prai, is the best-selling sugar brand
in Malaysia. A common household
name, the brand carries an
approximate value of RM80mil,
which is why its clients rank
among the largest in the global
food industry, a true testament to
the quality of its sugar products.

Safe and quality

products
With more than 50 years of
experience in the sugar industry,
MSM is continuously dedicating
time, effort and resources to
ensure the safety and quality of its
products.

Finding its sweet spot

Over the years, the company has
strengthened its reputation for
product quality and service
reliability worldwide, thereby
allowing its customers to focus on
the core aspects of their business
and achieve their goals.
Backed by quality achievements
and recognitions, MSM believes
that quality is an end-to-end
process. The companys priority to
quality has enabled it to achieve
significant industry certifications,
including ISO 9001 and ISO 22000,
Food Safety System Certification
22000, halal and kosher
compliancy.
In 2014, MSM received the Green
Code from leading food and
beverage companies in Malaysia,
which testifies the companys
compliance with ethical labour
practice standards.

Socially active and

responsible
MSMs work in the corporate
responsibility arena merits special
attention the company is
committed to sustainable operation
based on three main tenets:
economic, environmental and
social development.
Last year, MSM made a
contribution of up to RM5mil in
business tithe (zakat) for the

Federal Territories, Penang and

Perlis. This is a reflection of the
groups strong financial
performance and business
commitment.
In the last five decades, MSM
has invested a substantial amount
to continuously improve on
environment-friendly technology
in energy efficiency, gas and water
treatment. The investment has led
MSM to increase its operational
agility and enabled the exploration
of new and exciting product
stream opportunities.
The implementation of these
initiatives are designed to
continuously minimise the
impact of MSMs activities on
the environment.
MSM is committed to play
an active role towards social
development by working
closely with local
communities to
improve their
living standards.
Much of its
significant
contribution
Mohamad Amri
Sahari, president/
group chief
executive officer of
MSM Malaysia
Holdings Bhd.

strategically focuses on priority

areas and aims to carry a
measurable long-term impact.
Besides focusing on community
development programmes, MSM
also strives to generate economic
opportunities for its workforce and
local businesses.

Growth and
diversification
To meet the ever-increasing
demand, MSM recently opened a
trading office in Dubai that is
mainly responsible for sugartrading activities in both raw
and refined sugar, with a
special focus on the Middle
East and North Africa
(Mena) region. This will
allow MSM to further
diversify its income
stream.
In the near
future, the Dubai
office will be
supported by
representative
offices in
strategic
countries such
as Indonesia,
Thailand, India and
China.
On the local
front, MSM is

actively keeping tabs on the

construction of Malaysias largest
integrated sugar refinery in
Tanjung Langsat, Johor.
Due for completion in 2018, the
new refinery will add one million
tonnes to its current production of
refined sugar per year. This will
enable MSM to increase its annual
production capacity to 2.25 million
tonnes.
Apart from boosting the supply
volume for both domestic and
export, the mega facility augurs
well to spur employment
opportunities and stimulate
vigorous economic activities in the
state.

The future
While MSM continues to play its
role of Malaysias leading sugar
provider, it aspires to become a
global brand with a distinctive
international structure.
By recognising and seizing
opportunities through its strong
position and knowledge of the
industry, MSM will be able to look
forward as a truly global Malaysian
icon on the world stage. For
Malaysias MSM, the future looks
sweet.

n For more information, visit

www.msmsugar.com.

Contributing through innovation, thought leaders

> FROM PAGE 10
Kelly Edmiston of the Federal
Reserve Bank of Kansas City in a
report titled The Role of Small and
Large Businesses in Economic
Development says larger firms have
a greater capacity to undertake
several research and development
projects at once, diluting the
risk of failure in one hand and
multiplying the chance of success
in another.
With a larger workforce, there
is better division of labour and
typically efficient problem-solving
capabilities.
Large companies have their
reputation and branding combined
with well-established marketing
mechanisms that make entering
new markets easier.
This translates into faster entry
of innovation into the mass market
and higher yields, and thus a
greater reason to innovate.

More than economics

However, if the bottom line of
companies is just their bottom
line, they miss out on mass
opportunities to be and do more.
A large organism cannot expect to
benefit from its ecosystem without
contributing in every way possible.
We often hear of numbers that
boggle the mind a billion poor
people in the world account for 1%
of world consumption and yet the
top billion account for about 70%
of total consumption worldwide.
Just as fast as countries
develop, so do their social and
environmental challenges.

Large companies have the potential of

creating long-lasting impact to the face
and feel of the countrys economy.

As much as the responsibility

lies with government and civil
society, it is also important that
companies lead the way in areas
such as environmentally friendly
practices, social issues, ethics and
transparency.
The very elements that make
companies great assets to the
economy influence, resources,
skills and mindset make them
invaluable in addressing these
challenges. For example, Nestle
focuses on enhancing efficiencies
throughout its operations, working
closely with partners to optimise its
environmental performance in
producing quality products.

One of its steps is reducing the

amount of water used throughout
its manufacturing operations by
raising awareness among staff,
reusing processed water and
recycling where possible.

Seminal growth
Large companies that have
grown to their status organically
have a special place within the
heart of the nation. Their mere
existence demonstrates belief,
commitment and the possibilities
that the nation has to offer.
It is at birth, when a nation is
attempting to put itself together,

that businesses create long-lasting

impact to the face and feel of the
countrys economy.
These businesses were catalysts
that kicked off the nations growth
on the way to their own success,
and as such their successes and
growth are shared by the country,
communities and the individuals
who had the vision to realise
potentials.
Malaysia is privileged to have a
wide range of companies that have
contributed significantly to the
countrys growth from the very
beginning.
For example, the diversity of
UMW Holdings, founded in 1917

and incorporated in 1970, in the

automotive, engineering and
manufacturing industries has
helped Malaysia grow and build
these sectors significantly.
Maybank has reached out to its
customers by expanding its
financial options through its
banking schemes, improving the
financial and economic situations
in the process since it was
established in 1960.
Sime Darby, beginning in 1910
as a plantation company, has
established and incorporated
branches in the automotive
industry, property development,
construction and healthcare.
Malaysias successes are very
much the triumph of similar
companies on a long and endless
list. However, as much as
corporations have roles and
responsibilities in nation building,
no one corporation should be
overburdened. That being said,
corporations can have undue
influence on the government and
its policies, not to mention the
temptation to overpower and
stifle smaller businesses around
it.
This is why it is imperative
that corporations exist in
environments where they are
encouraged to be contributing
members of the nation, with
enough guidelines and regulations
for a transparent and ethical
system of checks and balances.
As it stands, the Kuala Lumpur
skyline remains a symbol of
Malaysias nationwide success and
more so of the potential of its
economic triumphs to come.