Meeting the local community’s needs for world-class quality, affordable healthcare. Matrix Global Schools (“MGS”), brings international level education to Negeri Sembilan. Treated 56,089 patients in FY2023. Present student enrollment 659 students. Beyond property, Matrix’s other business components complete its business model and enhances the overall value proposition, thus leading to a virtuous cycle of values created. Ultimately, the model is geared towards the development of self-contained, self-sustaining townships where all crucial components that support the needs of the community are met. Beyond quality housing of varying types and price points, Matrix’s townships aspire to provide the commercial, educational and entertainment aspects as well as healthcare. DYNAMIC EVOLUTION IN TANDEM WITH THE OPERATING ENVIRONMENT Matrix’s business model, however, does not exist in a vacuum, but remains dynamic, agile and flexible, in tune to the many and varied changes that continue to occur in the external operating environment. These trends and developments continue to have potential impacts, positive or negative on the business model and ultimately can / will impact / influence Value Creation. Kindly refer to the following pages / sections for a comprehensive narrative on the identified matters that are material to enterprise Value Creation. OUR BUSINESS MODEL Rising Costs Speed to Market Landbank Replenishment Local vs Overseas Expansion Labour Issues Climate Change Foreign Exchange Strategic Focus INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 78 VALUE CREATION STRATEGIC REVIEW
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