MANAGEMENT DISCUSSION AND ANALYSIS PROPERTY DEVELOPMENT Location GrossDevelopment Value (RM) Lauched Development / Planned Development Completed Project Hyve at Cyberjaya, Selangor 232 million A combination of 804 units of freehold SOHO and offices Taman Puteri @ Pekan Nenas, Johor 48 million 131 units of various types of freehold landed properties Seksyen U10 Shah Alam, Selangor 67 million 30 units of leasehold bungalows Total 347 million New Projects Seksyen U10 Shah Alam, Selangor 37 million Expected launching in 2H 2022: 16 units of leasehold bungalows Bandar Seri Alam, Johor 60 million On-going: 60 units of freehold semi-detached houses Total 97 million Location / Land Area GrossDevelopment Value (RM) Type of Land Usage / Plan Development Existing Land Bank in Hand Bandar Seri Alam, Johor Bahru, Johor / 11.27 acres # Freehold commercial land / commercial development Mukim of Plentong, Johor Bahru, Johor / 7.98 acres # Freehold land / service apartment Seksyen U10 Shah Alam, Selangor / 22.40 acres # 88 units of 99-years leasehold vacant detached lots approved for bungalow development Medini Iskandar Malaysia, Johor / 5.31 acres # 99-years lease on freehold commercial land / A combination of SOHO and retails properties Kota Tinggi, Johor / 140.836 acres # 29 parcels of freehold agriculture land / township development Mukim Pulai, Johor Bahru, Johor / 29.00 acres # Freehold agriculture land / commercial development Mukim Pulai, Johor Bahru, Johor / 5.15 acres # Freehold commercial land / commercial development # The gross development value cannot be ascertained as the development details have yet to be finalised International Contractors • Shimizu Corporation • Shanghai Tunnel Engineering Ltd • SK Engineering & Construction • Nishimatsu Construction Co. Ltd. • M+W Singapore Ptd Ltd Government and Government Link Companies • Mass Rapid Transit Corporation Sdn. Bhd. • UEM Sunrise Land Bhd • SP Setia Bhd • Sime Darby Bhd Private Sector • IOI Properties Bhd • Mah Sing Group Bhd • IJM Land Bhd • WCT Construction Sdn Bhd • MMC Gamuda KVMRT (UGW) Joint Venture • Sunway Construction Sdn Bhd DIVERSIFIED CLIENTELE We are not materially dependent on any single customer for business. We have been securing projects from different clients. Our diversified clientele include: K imlun Corporat ion Berhad Regi s t rat ion No. 200901023978 (867077-X) 17
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