2019 UEM Edgenta Annual Report

14 15 Annual Report 2019 UEM Edgenta Berhad MESSAGE FROM OUR LEADERSHIP OPERATIONAL REVIEW SUSTAINABILITY EFFORTS CORPORATE GOVERNANCE FINANCIAL REVIEW ADDITIONAL INFORMATION STRATEGIC FOCUS UEM EDGENTA AT A GLANCE INTRODUCTION About this Report At UEM Edgenta Berhad (“UEM Edgenta”), we are proud to continue our journey in Integrated Reporting with our third Integrated Annual Report this year. In recognising long-term investors’ need for transparency and accountability, this report presents detailed insights into our Group’s performance in 2019 and outlook for 2020. As we seek to provide a comprehensive view of our business, this report covers our financial and non-financial performance, strategies, initiatives and outcomes to communicate the sustainable value we deliver to all our stakeholders. We have also applied global best practices in preparing this report to ensure fair and complete reporting of our performance, governance and prospects. This report should be read together with additional disclosures for our stakeholders, which we have made available online. These include consolidated and separate financial statements. Unless otherwise indicated, the content of this report includes data and activities of UEM Edgenta and our subsidiaries (“Group”) from 1 January 2019 to 31 December 2019. SCOPE AND BOUNDARY Corporate Section Financial Section Contents - Detailed disclosures on UEM Edgenta Group, our business strategies and sustainability performance based on the issues identified as material to the Group and our stakeholders - Provides a comprehensive assessment of the Group’s performance for 2019 and outlook for 2020 - Provides the full set of the Group and Company’s audited financial statements Regulations Complied - Companies Act 2016 - Bursa Malaysia Main Market Listing Requirements - Malaysian Code on Corporate Governance 2017 - Adopts Bursa Malaysia’s Sustainability Reporting Guide & Toolkits - Guided by the International Integrated Reporting Council’s framework for integrated reporting and the Global Reporting Initiative’s Standards for Sustainability Reporting - Bursa Malaysia Securities Berhad Main Market Listing Requirements - Malaysian Financial Reporting Standards (“MFRS”) - International Financial Reporting Standards (“IFRS”) - Requirements of the Companies Act 2016 in Malaysia FORWARD-LOOKING STATEMENTS This report may contain expressed or implied forward-looking statements, which the Group expects or believes in good faith and on a reasonable basis. However, such forward-looking statements are subject to risks, uncertainties and other factors which could materially affect actual results and cause these to differ from the future results expressed, projected or implied in the forward-looking statements. These risks include, but are not limited to, currency fluctuations, commodity price volatility, an increase in production costs, political and operational risks in each of the countries the Group is present, legal and regulatory risks. The Group does not provide guarantees or warranties on the certainty of the forward-looking statements and is not obligated to publicly revise the statements to reflect actual circumstances after this report is published, or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws. Online Version: This report and additional information on UEM Edgenta is available online at our corporate website, uemedgenta.com Feedback: We look forward to receiving and responding to any feedback on this report from our stakeholders. Please channel your feedback or query to: Head, Corporate Communications Level 16, Menara UEM Tower 1, Avenue 7 The Horizon, Bangsar South City No. 8, Jalan Kerinchi 59200 Kuala Lumpur Tel: 03-2725 6688 Fax: 03-2711 8057 E-mail: communications@edgenta.com NAVIGATION ICONS This Integrated Annual Report discusses how we create value through our four strategies and six strategic focus areas. For ease of reference in reading this report, our disclosures on each strategic focus area are represented by navigational icons as follows: FOUR STRATEGIES SIX STRATEGIC FOCUS AREAS Disrupting our delivery model Deepen our competencies Broaden income streams Develop total solutions capabilities Operational Excellence Organisational Excellence Health, Safety, Security and Environment (“HSSE”) Client Solutions Technology & Innovation Stakeholder Management & Communications