UEM EDGENTA BERHAD ANNUAL REPORT 2021 GROWTH THROUGH TECH-BASED TRANSFORMATION Our Annual Report cover this year depicts UEM Edgenta Berhad’s (“UEM Edgenta” or “Group” or “Company”) foray to becoming a Technology-Enabled Solutions Company with a focus on healthcare by 2025 in our next phase of growth through new products and market expansion which is in line with our Edgenta of the Future 2025 (“EoTF2025”) vision to drive digital transformation. As a market leader in Asset Management and Infrastructure Solutions in the region, we embrace technological advancements to improve productivity and enable the Company to grow swiftly through the Edgenta Way, which is our promise to go above and beyond in delivering world-class standards, whether we are creating opportunities, generating assets or providing services and solutions. INSIDE THIS REPORT ABOUT THIS REPORT 2021 Key Highlights 4 Who We Are 6 Vision I Mission I Our Values 7 Our Presence 8 Our Corporate Structure 10 What We Do 12 Edgenta Digital Ecosystem Platform 16 OVERVIEW OF UEM EDGENTA BERHAD 1 Scan QR code to view UEM Edgenta Annual Report 2021 microsite. Chairman’s Statement 20 MD/CEO’s Statement 24 CFO’s Review 30 • 5-Year Group Financial Summary 34 • Financial Highlights 36 • Simplified Statements of Financial Position 37 • Segmental Analysis 38 • Value Added Statement & Value Distribution 39 • Group Quarterly Performance 40 KEY MESSAGES 2 HOW WE RUN OUR BUSINESS Our Operating Environment 42 Market Trends 44 Stakeholder Engagement 46 • Investor Relations 48 Our Material Matters 52 Our Value Creation Business Model 54 Edgenta of the Future 2025 56 Key Risks and Mitigation 58 HOW WE PERFORMED Business Review Healthcare Support 62 Property & Facility Solutions 66 Infrastructure Services 68 Asset Consultancy 70 Sustainability Review Sustainability at UEM Edgenta 72 Sustainability Governance 72 Sustainable Economic Growth 76 Minimising Environmental Impact 79 Social Value Creation 85 MANAGEMENT DISCUSSION & ANALYSIS 3 Corporate Information 107 Board of Directors 108 Board of Directors’ Profile 110 Company Secretary’s Profile 120 Executive Leadership 121 Executive Leadership Profile 122 Organisation Structure 126 LEADERSHIP 4 Corporate Governance Overview Statement 128 Audit Committee Report 146 Additional Compliance Information 149 Statement on Risk Management and Internal Control 150 Corporate Integrity and Ethical Business Conduct 160 GOVERNANCE 5 Directors’ Report 163 Statement by Directors 169 Statutory Declaration 169 Independent Auditors’ Report 170 Statements of Comprehensive Income 176 Statements of Financial Position 178 Statements of Changes in Equity 182 Statements of Cash Flows 185 Notes to the Financial Statements 187 FINANCIAL STATEMENTS 6 Analysis of Shareholdings 315 Properties Held by the Group 318 Recurrent Related Party Transactions 320 Glossary 332 Notice of the 59th Annual General Meeting 335 Statement Accompanying Notice of the 59th Annual General Meeting 340 • Form of Proxy • Group Directory SHAREHOLDERS’ INFORMATION 7 Private PPV Medical Field Hybrid ICU Experiment & Mobile Lab Computed Tomography Scanning System Facilities Management Services COVID-19 Support Healthcare Support Health Attendant Services Facility Management Digital Healthcare RFID e-Bracelets Smart Facilities Management Road Asset Management System Infrastructure Assets Network Maintenance Services Project Management Engineering & Technical Expressways and State Roads Cyber Security WHAT THESE ICONS REPRESENT
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