| 2024 UEM Edgenta Annual Report |
1 |
| Contents |
4 |
| About
This Report |
2 |
| Cover Rationale |
5 |
| Overview of UEM Edgenta |
6 |
| Vision | Mission | Core Values | What We Do |
6 |
| 2024 Performance Snapshots |
8 |
| Business Highlights |
8 |
| Financial Highlights |
9 |
| Sustainability Highlights |
10 |
| Awards and Recognitions |
11 |
| Our Corporate Structure |
12 |
| Our Presence |
14 |
| What We Do |
16 |
| Healthcare Solutions |
16 |
| Property & Facility Solutions |
17 |
| Infrastructure Services |
18 |
| Asset Consultancy |
19 |
| What Differentiates Us: Our Strengths |
20 |
| Edgenta NXT |
24 |
| 2024 Key Significant Events |
25 |
| Leadership Insights |
26 |
| Chairman’s Statement |
26 |
| MD/CEO’s Statement |
33 |
| CFO’s Statement |
38 |
| How We Create Value |
44 |
| Our Integrated Approach to Value Creation |
44 |
| Value Creation Business Model |
46 |
| Stakeholder Engagement & Value Creation |
48 |
| How We Distribute Value Created |
53 |
| Management Discussion And Analysis |
54 |
| Strategic Review |
54 |
| Our Material Matters |
54 |
| Operating Environment & Market Trends |
61 |
| Key Market Trends |
65 |
| Key Risks and Mitigation |
69 |
| Edgenta of the Future 2025 (EoTF2025) |
74 |
| Financial Performance |
78 |
| 5-Year Group Financial Summary |
78 |
| 5-Year Group Financial Highlights |
79 |
| Simplified Statements of Financial Position |
81 |
| Group Segmental Analysis |
82 |
| Statement of Value Added |
83 |
| Distribution of Value Added |
83 |
| Group Quarterly Financial Performance |
84 |
| Financial Calendar |
85 |
| Investor Relations |
86 |
| Business Review |
88 |
| Healthcare Solutions |
88 |
| Property & Facility Solutions |
93 |
| Asset Consultancy |
98 |
| Infrastructure Services |
103 |
| Enhancing Value Through Sustainability |
108 |
| Sustainability at UEM Edgenta |
109 |
| Sustainable Economic Growth |
132 |
| Minimising Environmental Impact |
146 |
| Social Value Creation |
166 |
| Governance |
202 |
| Corporate Information |
203 |
| Board of Directors |
204 |
| Board of Directors’ Profile |
206 |
| Company Secretary’s Profile |
211 |
| Executive Leadership |
212 |
| Executive Leadership’s Profile |
214 |
| Organisation Structure |
224 |
| Corporate Governance Overview Statement |
226 |
| Additional Compliance Information |
243 |
| Audit Committee Report |
244 |
| Statement on Risk Management and Internal Control |
247 |
| Corporate Integrity and Ethical Business Conduct |
255 |
| Approaching The Financial Statements |
262 |
| Financial Statements |
264 |
| Directors’ Responsibility Statement |
265 |
| Directors’ Report |
266 |
| Statement by Directors |
272 |
| Statutory Declaration |
272 |
| Independent Auditors’ Report |
273 |
| Statements of Comprehensive Income |
278 |
| Statements of Financial Position |
280 |
| Statements of Changes in Equity |
283 |
| Statements of Cash Flows |
285 |
| Notes to the Financial Statements |
287 |
| Additional Information |
383 |
| Analysis of Shareholdings |
383 |
| Properties Held by the Group |
386 |
| Recurrent Related Party Transactions |
388 |
| Sustainability Performance Table |
402 |
| GRI Content Index |
405 |
| FTSE4Good Context Index |
408 |
| Statement of Assurance |
421 |
| Glossary |
422 |
| Notice of the 62nd Annual General Meeting |
424 |
| Statement Accompanying Notice of the 62nd Annual General Meeting |
427 |
| Form of Proxy |
429 |