CORPORATE GOVERNANCE

BMFM 33132
TITLE : SUCCESSFUL OF ECOWORLD COMPANY
GROUP MEMBER: NO NAME ID
1. CHONG CHIAH MIN B14091184
2. HONG YEE TIEN B14091165
3. LEE HUI JYE B14091099
4. NABILAH B14091170
5. TAN JOEAAN B14091116

LECTURER: DR.SAMI
 History and Background of ECOWORLD
Full name: Eco World Development Group Berhad
Founder: Tan Sri Abdul Rashid Bin Abdul Manaf
Status: Listed
Legal Form: Public Limited Company
Operational Status: Operational
Incorporation Date: 2011 , Kuala Lumpur
Main ActivitiesReal Estate, Management of Companies and Enterprise , Land
Subdivision
History and timeline of ECOWORLD
Founder and shareholders of ECOWORLD is mostly from SP Setia.
in year 2011, ECO WORLD development Holdings Bhd is built by SP
Setia's former chairman Tan Sri Abdul Rashid Abdul Manaf and
former director of SP Setia, Datuk Leong Kok Wah.
In December 2013 they together with Liew Tian Xiong which is Son
of Tan Sri Liew Kee Sin (Founder of SP Setia) acquire the company
Focal Aims a listed real estate developer at Johor for RM 354.6
million and started to expand ECO WORLD company
Focal Aims company change the name of FOCAL AIMS in bursa Malaysia become
ECO WOLRD BHD start from 26 December 2013, they used acquired others
company and become a listed in security exchange and traded under the name ECO
WORLD.
In May 2014, Former SP Setia Bhd President and Chief Executive Officer Tan Sri
Liew Kee Sin has been appointed chairman of property developer Eco World
Development Group Bhd. Joining him is his right-hand man Datuk Voon Tin Yow,
who has been appointed executive director. When Tan Sri Liew left SP Setia, around
280 workers from SP Setia also left with him and joined the ECO WORLD.
Eco World International was set up by Eco World Development in 2013 to buy
property assets overseas for development.
ECO WORLD PROJECT
1. 12 ECOWORLD Galleries spread out in the Klang Valley, Iskandar Malaysia,
Penang and Singapore, with ECO WORLD galleries, able to showcase the
full spectrum of their product offerings to prospective customers.
2. In Malaysia , ECOWORLD had launched around 17 project since the
company formed.
3. While in the oversea, ECO WORLD had had 4 project include at London,
United Kingdom and also Australia.
4. Oversea project is oversea by the subsidiary group of ECOWORLD which is
ECOWORLD INTERNATIONAL SDN BHD.
PROJECT UNDER ECO WORLD
1. ECO sky December 2013
2. ECO majestic- May 2014
3. ECO Sanctuary June 2015
4. ECO Grandeur September 2016
5. ECO Ardence September 2016
6. Bukit Bintang City Center (BBCC)
( involvement from EPF and UDA holdings
BHD) October 2016
7. ECO Botanic September 2013
8. ECO Springs & Summer May 2014
9. ECO Tropics June 2015
10. ECO Business Park I May 2014
11. ECO Business Park II September 2016
12. ECO Business Park III- June 2015
13. ECO Terrances June 2015
14. ECO Meadows September 2015
15. ECO Forest upcoming 2017
16. ECO Horizon & sun upcoming 2017
17. ECO Business Park IV upcoming 2017
BOARD OF DIRECTOR
PRESIDENT &
CEO

EXECUTIVE
DIRECTOR & CFO

EXECUTIVE
EXECUTIVE DIRECTOR
DIRECTOR
CHAIRMAN
FOUNDER
AT PRESENT, THE BOARD CONSISTS OF 12 MEMBERS OF WHOM
4 ARE EXECUTIVE DIRECTORS, 4 ARE NON-INDEPENDENT NON-
EXECUTIVE DIRECTORS AND 4 ARE INDEPENDENT NON-
EXECUTIVE DIRECTORS.
STAND ROW.(from left to right)
Dato Noor Farida Binti Mohd Ariffin / Datuk Heah Kok Boon /
Dato Leong Kok Wah / Dato Idross Bin Mohamed / Dato Chang Khim Wah /
Dato Haji Obet Bin Tawil

SITTING ROW (from left to right)

Tan Sri Lee Lam thye / Dato Voon Tin Yow /
Tan Sri Abdul Rashid Bin Abdul Manaf / Tan Sri Dato Sri Liew Kee Sin /
Liew Tian Xiong / Tang Kin Kheong
 POSITION OF BOARD OF DIRECTOR
Dato Noor Farida Binti Mohd Ariffin- Independent Non-Executive Director
Datuk Heah Kok Boon - Executive Director and Chief Financial Officer
Dato Leong Kok Wah - Non-independent, Non- Executive Deputy Chairman
Dato Idross Bin Mohamed - Independent Non-Executive Director
Dato Chang Khim Wah - President and Chief Executive Officer
Dato Haji Obet Bin Tawil - Independent, Non-Executive Director
Tan Sri Lee Lam thye- Non-Independent, Non- Executive Director
Dato Voon Tin Yow - Executive Director
Tan Sri Abdul Rashid Bin Abdul Manaf- Founder and Non-Independent, Non-Executive Director
Tan Sri Dato Sri Liew Kee Sin-Non-Independent, Non- Executive Chairman
Liew Tian Xiong - Executive Director
Tang Kin Kheong - Senior Independent, Non-Executive Director.
SUCCESSFUL OF ECOWORLD
1) spread across 3 key economic regions in Malaysia with 17 ongoing development projects in
total that that include new townships, integrated commercial developments, luxury high-rise
apartments and green business parks. The Group presently has approximately 7,443.9 acres
of landbank with a total gross development value (GDV) of RM81.2 billion.
2) ECO WORLD INTERNATIONAL a private entity at year 2013 to spread the brands to the
oversea, until currently there are total 4 project at oversea which is at London, United
Kingdom and also Australia. ECO WORLD INTERNATIONAL owns a 75% stake in 3 water
fronting residential projects in London and United Kingdom, with total GDV of 2.4 billion,
and another project in Sydney, Australia.
3) The RM8.7 billion BBCC is Eco Worlds biggest project, in which it has a 40 per cent stake. The
other shareholders are UDA Holdings Bhd (40 per cent) and the Employees Provident Fund
(20 per cent).
4) Awards receive by ECO WORLD :
Starproperty awards 2017 Top ranked developers of the year
IEM Awards 2017 Contribution Engineering Industry
BCI Asia Awards 2016 Top 10
The Edge Billion Ringgit Club Awards 2016- Highest returns to
shareholders over 3 year (property)
The Edge property excellence awards 2016- Top 10 developers
BCO Asia Awards 2015- Top 10 developers in Malaysia
5) ECOWORLD revenue increase as year by year.
 ROLE OF MEDIA
According to Tan Sri Liew Kee Sin, Non-Executive director of ECO World
Development Bhd and Executive director of ECO World International, the
company are very active on social media such as Facebook and YouTube.
On Facebook alone, they have a followers of more than 300,000 people. Social
media plays a huge role in business as it is easier to reach out to people.
ECO World also will had news conference when project is launch, for example
the launching of project Bukit Bintang City Center. As this project is launch with
the cooperate of Employee Provident Fund and UDA Holdings Bhd. ECO World
taking 40 per cent stake. The other shareholders are UDA Holdings Bhd (40 per
cent) and the Employees Provident Fund (20 per cent).
Examples on how they can achieved the target are by :
EcoWorld Starlight 2015 concert, featuring by singer Wang Lee Hom in 2015
whereby they used social media to reach out to people and it was a huge success
as the concert successfully be conduct as it attract many people to join the
concert.
EcoWorld Seasons Flower Show which drew crowds to all our sales galleries in the
Klang Valley, Iskandar Malaysia and Penang. Eco Majestic in Semenyih recorded
numbers close to 30,000 people who visited the project during the month-long
event.
 Malaysia Code of Corporate Governance 2012
[MCCG 2012]
The Board of Directors (the Board) of Eco World Development Group
Berhad (EW Berhad or the Company) is committed to ensuring that a high
standard of corporate governance is practised throughout the Company and
its subsidiaries (the Group) as a fundamental part of discharging its
responsibilities to safeguard shareholders investments and to protect the
interests of all stakeholders. The Group has applied the principles and
recommendations set out in the Malaysian Code on Corporate Governance
2012 (MCCG 2012).
MCCG 2012 of ECO WORLD
PRINCIPLE 1 Establish Clear Roles and Responsibilities
PRINCIPLE 2 Strengthen Composition
PRINCIPLE 3 Reinforce Independence
PRINCIPLE 4 Foster Commitment
PRINCIPLE 5 Uphold integrity in financial reporting
PRINCIPLE 6 Recognise and manage risk
PRINCIPLE 7 Ensure timely and high quality disclosure
PRINCIPLE 8 Strengthen relationship between company and shareholders