This section provides information on how Matrix has performed in relation to specific material topics. This is a concise narrative with comrpehensive data and details provided in SR2024. PRODUCT QUALITY Matrix‘s Property division assesses quality performance using the CIDB based QLASSIC system, of which the Matrix’s construction division continues to register comparatively high scores of 70 and above. In FY2024, the average score achieved for property projects constructed was 72.4. Other aspects of the property development division’s management approach to achieving desired build quality is as follows: NO. PROJECT QLASSIC SCORE 1 Bayu Sutera Precint 1B 74 2 Bayu Sutera Precint 2A (Stage 1) 78 3 Bayu Sutera Precint 2A (Stage 2) 70 4 Bayu Sutera Precint 2B (Stage 1) 71 5 Bayu Sutera Precint 2B (Stage 2) 77 6 Laman Sendayan Biz 74 7 Laman Sendayan Precint 1A 69 8 Laman Sendayan Precint 1B 71 9 Laman Sendayan Precint 3 74 10 Nusari Bayu 2 72 11 Resort Residence 1B 71 12 STV Business Park 69 13 Tiara Sendayan Precint 7 76 14 Tiara Sendayan Precint 9 73 15 Tiara Sendayan Precint 13A 68 16 Tiara Sendayan Precint 13B 71 Average 72.4 ANTI-CORRUPTION As in previous years, Matrix continues to adopt a zero-tolerance, non-compromise stance on corruption. The Group views corruption as a scourge on its culture of meritorious performance and as a negative element that would distort market forces and lead to inefficient practices, inability to hire and retain talent, potentially poor corporate reputation and credibility and other negative ramifications. 100% of the Group were assessed in FY2024 for corruption risks and zero corruption cases were reported or identified during the year. This includes substantiated or alleged / potential incidents from any grievance mechanism, such as the whistleblowing mechanism. While several departments and corporate functions may have comparatively higher corruption risks, no high risks scenarios were identified. Matrix remains committed to conducting these assessments on an annual basis. There are zero cases reported for corruption and whistleblowing for FY2024. OUR PERFORMANCE IN ADDRESSING MATERIAL MATTERS VALUE CREATION STRATEGIC REVIEW MATRIX CONCEPTS HOLDINGS BERHAD 90
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