2019 UEM Edgenta Annual Report

39 UEM Edgenta Berhad MESSAGE FROM OUR LEADERSHIP STRATEGIC FOCUS OPERATIONAL REVIEW SUSTAINABILITY EFFORTS CORPORATE GOVERNANCE INTRODUCTION FINANCIAL REVIEW ADDITIONAL INFORMATION UEM EDGENTA AT A GLANCE MD/CEO’s Statement Annual Report 2019 LEADERSHIP BENCH During the course of the year, we strengthened our leadership bench with the appointments of En. Razman Ismail as Chief People Officer, who has joined us in October 2019, and Dr. Nik Fawaz Nik Abdul Aziz as Head of Healthcare Support (Concession) and Managing Director of Edgenta Mediserve Sdn Bhd (“EMSB”) to succeed En. Ahmad Zamri Said. We also welcomed Mr. Kenny Lim as the Head of PFS division, as well as the recent appointment of En. Shariman Yusuf Mohamed Zain as Head of Infrastructure Services and Managing Director of Edgenta PROPEL Berhad. MOVING FORWARD 2020 AND BEYOND We are bracing for a difficult period in 2020 which reached unprecedented proportions. The start of 2020 has been tumultuous, whereby tough macroeconomic conditions, as well as the swift spread of the COVID-19 virus and its unfolding ramifications across the globe, may yet bring the world to its knees during the year. In the face of this unprecedented event and the yet to be ascertained impact on the global economy, financial markets and people across the globe in general, it is inevitable to foresee tough economic conditions with the main challenge of how to kick-start the economy going forward and to restore industries and workforce productivity. UEM Edgenta takes its position as a responsible corporate citizen seriously and will work with our clients, regulators, policymakers, service partners and contractors to contribute our resources and ideas to support the industry and its players. In April 2020, given our focus on our expertise in biomedical equipment and healthcare technology, UEM Edgenta donated 30 units of mobile ventilators, 30 unit of patient monitoring systems, as well as enabled a cloud-based healthcare information system to the MoH Malaysia for pandemic management, in support of the Malaysian Government’s effort in combating the growing COVID-19 pandemic. Over the years our businesses have proven to be resilient and agile to adjust to changes in the market. As a company in stable and defensive markets with attractive yield, I am confident we will weather this storm and come out strong. Given our healthy balance sheet and sound financial position, the timing will be right to look at possible opportunities to build up on new areas especially technology-related fields. Our continued efforts in technology and innovation, which have already proven worthy of commercialisation, place us in good stead to preserve our sustainability over the long-term. Please refer to Our Technology Solutions on pages 26 - 27 of this Report for further details. ACKNOWLEDGEMENTS It was with great sorrow we saw the passing of Dr. Saman @ Saimy Ismail, an Independent Non- Executive Director of the Company. Dr Saimy was also the Chairman of EMSB, in which he served the Company from 9 May 2013. We are grateful for his contribution and time with us and extend our condolences to his wife Pn. Rosnah Mohd Yusof, children and family. I would also like to thank key members of the management team who have moved on or retired, namely En. Shahazwan Harris, Chief Strategy & Transformation Officer; En. Ahmad Zamri Said, Head of Healthcare Support (Concession) whose career spanned 22 years with our Company; Mr. Chin Chi Haw, who spent his career serving Opus in various capacities and later led Edgenta PROPEL Berhad as its Executive Director and Mr. Alastair McCracken, our previous Head of Property & Facility Solutions who resigned in June 2019. I would like to take this opportunity to thank Datuk Seri Amir Hamzah Azizan, for his invaluable contribution and guidance as our Chairman from 29 August 2016 until his retirement on 15 May 2019 and wish him the very best in his role as President/Chief Executive Officer of Tenaga Nasional Berhad. We welcomed Tan Sri Dr. Azmil Khalid as our new Chairman on 24 May 2019, who brings with him a wealth of experience in this industry as an accomplished entrepreneur. We also welcomed Dato’ Mohd Izani Ghani as a new Board member effective 22 October 2019 and am sure he will bring much value to the Company. It has been my privilege and honour to have served as the first Managing Director/Chief Executive Officer of UEM Edgenta, after the merger of the legacy companies of Faber Group Berhad, Projek Penyelenggaraan Lebuhraya Berhad or PROPEL, and Opus Group Berhad. While many mergers and acquisitions do not reach its intended objectives, I feel that UEM Edgenta’s success was built around a good post-acquisition programme which aligned the entire workforce, from the Board of Directors, to senior management and all employees. In short, we were determined to create a successful organisation in this process and shaped the DNA of UEM Edgenta. My sincere gratitude and appreciation to the entire Board of Directors who have guided me through the years and allowed me to carry out my duties with support and encouragement. I would like to thank our major shareholders, UEM Group Berhad and Khazanah Nasional Berhad, for their stewardship. I would also like to express my appreciation to all our other shareholders for their continued trust in us. Additionally, I would like to extend my gratitude to our local and regional clients, our many supply chain partners, shareholders and the Government for their support and contributions to our ecosystem. My final word of thanks is reserved for each and every employee of UEM Edgenta, management and staff who have made this Company special, as without their belief, support and dedication, we would not have scaled the heights which we have reached today. Throughout my tenure, I have met many talented and extraordinary colleagues, I am humbled by your continuous dedication to our vision and the important service we deliver. I am certain you will rise above any challenge and make use of the opportunities in realising the Edgenta of the Future, as well as ensure the Company’s continued leadership in Asset Management and Infrastructure Solutions. DATO’ AZMIR MERICAN Managing Director/Chief Executive Officer