Beyond governance, we recognise that a diverse and inclusive workplace is a key driver of long-term business performance. In FY2024, we introduced and strengthened internal policies, including our Gender Diversity Policy and Diversity, Equity & Inclusion (DEI) Statement, reinforcing our commitment to a workplace culture that values equity and respect. To embed these principles, we conducted Human Rights Awareness sessions across all our operating regions in Malaysia. Our commitment to fostering an inclusive and progressive corporate environment was further validated when we received the Gold Award in the DEI Category at The Star ESG Positive Impact Awards. As we chart our path forward, we remain unwavering in our mission to uphold the highest standards of governance, integrity, and sustainability — ensuring that UEM Edgenta continues to lead with excellence, accountability, and purpose in an evolving global landscape. LOOKING AHEAD As we turn our sights to FY2025, we are committed to operational excellence and technology-enabled business transformation to strengthen our culture of innovation and support our sustainable growth strategies. We take a cautiously optimistic view of the year ahead, recognising the challenges posed by ongoing geopolitical conflicts and their resulting effects on trade and bond markets across the world. We expect the cost of doing business to continue to rise as a result of domestic and foreign policies, including the removal of the petrol subsidy in Malaysia and business compliance costs in different regions that we operate in. Nevertheless, we remain confident in our core strengths and strategic foresight in navigating this complex environment. We will continue to sharpen our focus on cost management by optimising procurement, enhancing our service delivery and remodelling our business processes to ensure that our operations remain agile, efficient and resilient. In turn, strengthening our cost structures will support our expansion in emerging growth markets. We will continue to pursue revenue diversification in established markets such as Singapore and Taiwan as well as emerging opportunities in UAE and Saudi Arabia, particularly in real estate and healthcare. At the same time, our commitment to ESG leadership remains unwavering. We will continue to enhance our procurement practices and reporting frameworks as we integrate ESG considerations into a wider scope of our operations and advance our Net Zero goals in line with regulatory requirements and stakeholder expectations. Through circular economy practices, sustainable waste management and community engagement initiatives, we remain dedicated to creating positive social and environmental impact. At the forefront of our strategic vision is delivering improved returns to our shareholders. Our disciplined approach to capital allocation and strategic cost management underpins a customer-centric, technology-driven approach that meets evolving market needs and creates long-term value. ACKNOWLEDGEMENTS Reflecting on our progress in FY2024 and how it positions us for 2025 and beyond, I am sincerely grateful for the unwavering support of all our key stakeholders. I extend my deepest thanks to our shareholders, partners, clients, employees and communities for your continued trust and commitment. To our management team and Edgenta Stars, your dedication and commitment to excellence ensures that we can achieve remarkable success and create meaningful value even in a challenging environment. I bid a special farewell to Dato’ Mohd Izani Ghani who departed in July 2024 after five years of dedicated service. In his stead, I warmly welcome Datuk Amran Hafiz Affifudin and his significant experience and expertise. As we look to the future, I am confident that our collective efforts will continue to drive even greater success. With a prudent approach to new market expansion and a relentless focus on operational and resource optimisation, UEM Edgenta will continue to pursue sustainable growth and create meaningful, lasting value for our stakeholders, customers and communities across the world. TAN SRI DR. AZMIL KHALID Independent Non-Executive Chairman Chairman’s Statement UEM EDGENTA BERHAD 30 Integrated Annual Report 2024
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