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wellness living PDF

166 Pages·2017·2.04 MB·English
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Annual Report 2017 WELLNESS LIVING Imagine a residence that provides the perfect blend of luminous luxury, health and wellness. A revolutionary lifestyle to restore the balance of the mind, body and soul in the comfort of your own home. This is the LUMI Wellness Tower lifestyle. CONTENTS 08 Corporate Profi le 13 Corporate Information 14 Group’s 5-Year Financial Highlights 16 Financial Calendar 18 Board of Directors & Key Senior Management 20 Profi le of Board of Directors 24 Profi le of Key Senior Management 26 Chairman’s Management Discussion & Analysis 34 Corporate Governance Overview Statement 41 Additional Compliance Information 42 Audit Committee Report 46 S tatement on Risk Management and Internal Control 50 Sustainability Statement 65 Financial Statements 147 List of Properties of the Group 148 A nalysis of Shareholdings and Warrantholdings 155 Notice of 29th Annual General Meeting Proxy Form INNOVATION CREATIVITY DRIVES US FORWARD, INNOVATION MEANS WE DON’T STOP MOVING The value of INNOVATION is embedded in our corporate culture. We are driven by design and passionate about the delivery of a quality lifestyle, be that in the creation of exciting new property products that set benchmarks for the industry, or services that push the boundaries in the customer experience. But being innovative isn’t only about creating the ‘new’. It also means we continually strive to think of better ways of doing things and improving what we do, for the benefi t of our customers. It means we always challenge the status quo, and are never satisfi ed with ‘business as usual’. 2 Annual Report 2017 3 I D E A S I N M O T I O N E D I S A N I T O M N O I QUALITY WE ARE DRIVEN BY EXCELLENCE, BUT ALWAYS WITH VALUE IN MIND At Thriven, we want to create the kind of products and services that will lead the market, and QUALITY is the way we are going to achieve it. Our objective is to build quality living environments that deliver good value to our customers at the initial point of purchase, and then continue to increase in value, over time. Quality means we don’t cut corners or compromise standards, for the sake of the bottom line. It means we pay attention to the details, both in the design and the durability of the buildings we create, and the way in which we do our work, or serve our customers. 4 Annual Report 2017 QUALITY VALUE 5 CARE CARE IS HOW YOU BUILD COMMUNITY, AND GENUINE RELATIONSHIP Our vision says we want to build living communities, including our own, and CARE is at the heart of community. The Thriven difference is that we genuinely care for our customers, our business partners and each other. This means we always treat everyone with warmth and respect. It means that we are friendly, helpful and fl exible in our customer service. It also means we are cooperative and easy-to-deal-with in our interactions with each other. This is how we nurture a winning network of clients and collaborators, generating mutual and enduring value together. 6 Annual Report 2017 TAKE CARE 7 CORPORATE PROFILE As a leader in Malaysia’s property industry, Thriven Global Berhad is setting new standards. We innovate new lifestyles with great passion and purpose. The synergy of our services unlocks the full potential of project sites, which results in hassle-free and unique living spaces. We are listed on the Main Market of Bursa Malaysia Securities Berhad and our excellence has enabled us to attain with an impressive legacy in urban planning and development. Our forte lies in creating integrated communities where lifestyle, leisure and business come together, in one place. We utilise innovation, forward- looking design and smart urban planning to forge a superior living experience. 8

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