JAN-APRIL:ISSUE 1:2005for internal distribution only

:celebrating friendship

:contents

topshot 01 : Message from the Managing Director/Chief Executive Officer

up close & personal 02 : Personality profile featuring Datuk Abu Hassan bin Kendut

biz buzz 03 : Kick-off session with UEM Group business plan 200504 : DagangNet showcases suite of products on World Customs Day

: Time dotCom connects rural Sabah to the world05 : UEM Land moves to Faber Tower

: Pharmaniaga enters herbal market with InnoHerb06 : SmartTAG mampu dimiliki melalui promosi “100 untuk 100”

: Faber Group is ready to soar07 : UEM World makes RM63 million net profit

flashback 08 : Malam Anugerah Kumpulan UEM09 : UEM Group is gold sponsor at Invest Malaysia 2004

: UEM Group meets the media

spotlight 10 : Celebrating Friendship

good work 12 : Mission in aid of Tsunami victims: Over RM1 million in cash and kind for Tsunami victims

13 : Time dotCom livens up the day at Asrama Kasih Sayang Darul Fitrah: UEM Group Primary Literature Program goes nationwide

14 : Sesame Street Live!: Hari Alam Sekitar Kumpulan CIMA

behind the scene 15 : Behind the scene with UEM Treasury

get smart 16 : World’s Best Students at KYUEM: New department on the block

family matters 17 : Against all odds UEM18 : Senior management appointments

: Welcome to UEM World: Department Renamed

19 : Best Employee Award

speak out 19 : Shahdee Ahmad, Faber Medi-Serve Berhad

EDITORIAL BOARD

PATRONDatuk Abu Hassan Kendut Chairman, UEM Group

ADVISORDato’ Ahmad Pardas Senin Managing Director/Chief Executive Officer, UEM Group

EDITORRosie NasaruddinGeneral Manager, GCC

CO-EDITORSRoseta Mohd JaafarNaliza Fahro Rozi

DEPUTY EDITORSJida Mohamed

CONTRIBUTORSVisvabalan RamasamySufian Abdul WahabZaiton SalehuddinRamzan Ibrahim

PUBLISHERGroup Corporate Communications (GCC)

:topshot

Dear Colleagues,

It gives me great pleasure to present to you the first editionof Update, the new quarterly UEM Group newsletter. Withre-energised vision for the Group, I felt it apt to reflect thespirit of our people in this timely publication. Furnishedwith a strikingly fresh style and look, Update will be a tooland medium of communications within the Group.

MESSAGE

I strongly believe Update will not only be an informative and entertaining read for everyone, but also to provide an avenue to channel news

from and about the Group as well as to open doors for opinions and ideas.

UEM is now a more organised and focused group as a result of the successful financial restructuring exercise that was undertaken in the

previous two years. Overall, we saw an improvement in our financial performance in 2004. Notable revenue growth was seen in most of our

companies while others will have to continue to persevere to do better. I would like to take this opportunity to commend and thank all of you for

the hard work and cooperation that you have demonstrated in 2004, giving UEM Group a solid foundation for an even better year in 2005.

The year 2005 sees our Group with a new business plan to effectively make the most of our three key resources -

financial strength, assets and our people. Our greatest challenge is to ensure that all these resources are being managed

and optimised in ensuring greater synergies amongst our Group Companies. We must continue to strive to improve our

performance, both individually and at the company level. In today’s challenging world and the ever changing needs of the

of our customers, we must aim to lead and not follow to remain competitive and relevant. 2005 and the years to come

may be full of challenges, but as in every challenge, we must leap forward and seize the great opportunities that exist.

We must deliver our commitment to perform and give our utmost best.

As our country’s leading conglomerate in infrastructure development and partner in nation building, it is our

responsibility to set the right examples and live by our credo. Let us endeavour to be ahead of the industry by being

professional, competitive, innovative and proactive in providing quality services to our valued customers and partners.

Integrity, sincerity of intent, passion for success and teamwork are values that we should continue to reflect in ourselves

be it at work, home or play.

Early this year, we have acknowledged an excellent demonstration of these core values by our own colleagues who

accomplished an amazing feat of climbing Mount Kilimanjaro. Proof of sheer determination, passion and

teamwork, the expedition team returned in glory. Congratulations to the team! On that note, I hope that the passion and

dedication that was shown in conquering this challenge is shared by all and will be shown in facing everyday challenges,

especially at work. As illustrated in the front cover of this newsletter, we must as a team, strive with the aim of elevating

the UEM brand to a greater level and seize the opportunities that come our way.

Let us join hands and put our minds and hearts together and let our passion for success pave the way forward.

Yours sincerely,

Dato’ Ahmad Pardas SeninManaging Director/Chief Executive Officer

B

: up close & personal

Datuk Abu Hassan bin KendutChairman

ABOUT GROWING UP...I grew up in a large family and both my parents were teachers, my motherresigned after a few years of teaching. I first went to a Malay school andtwo years later enrolled in an English school in Tampin. Education wasimportant in our family and with the exception of my eldest sister, whoonly had Malay education, the rest of us were given English education.My siblings consist of teachers, housewife, businessman, civil engineer,quantity surveyor and an artiste.

ABOUT CAREER...My interest and involvement in the field of accountancy was by sheer coincidence. I grew up in a rural environment where career guidance was

virtually absent. Most of us Senior Cambridge school leavers looked forward to become teachers as it was considered to be a very respectable job

during that period. I, on the other hand, was impressed by the civil servants at the district office. The government clerical staff was much

respected; getting VIP treatment at kampong kenduri’s and very smartly dressed.

After a few months of ‘menganggur’ I received an offer to join Dewan Latihan RIDA, a college set up by the government to help rural Malays to

study book-keeping and secretarial practice. In 1961, I was selected to be an Articled Clerk with Messrs. Turquand Youngs and Co. pursuing the

Malaysian Institute of Certified Public Accountants qualifications. In 1971, I joined Malaysian Airlines System Bhd as its Accounts Manager and

became a member of the team tasked to set up the airline. As my interest was more professional practice, I then joined Messrs. Cooper & Lyrand as a

Junior Partner in 1974. I retired from the firm in 1997 as a Senior Partner.

During my professional life, I was very much involved in the activities of the Institute, namely, in membership, technical and examination

committees. I became its president for the period from 1984 to 1986 and the Asean Federation of Accountants for 1987. A year after my

retirement, I stayed as a member of Corporate Debt Restructuring Committee (CDRC) for two years and subsequently joined the board of

Khazanah Nasional Berhad and also became its an EXCO chairman. The rest is history.

ABOUT FAMILY...Zubaidah and I got married in 1971 and we are blessed with 4 boys, the youngest is currently 18 years old. We also have a granddaughter from the marriage

of our eldest son.

ABOUT LIFE...I place great importance in keeping fit and healthy. I used to play a lot of tennis when I was young, but now I occupy my time with mostly golf. I’m 63 now

and I still jog. I’m a regular jogger and in fact I jog for an hour or so at least two or three times a week. No matter where I am, doesn’t matter if it's 6 o’clock

in the morning or 10 o’clock at night, I still put on my jogging shoes and shorts and find time to jog. I find the time to balance my time with work and

maintaining a healthy lifestyle. As for golf, Zubaidah has a lower handicap than mine. But while I can still enjoy it, I enjoy it.

ABOUT THE FUTURE...I consider myself very lucky, to have achieved as much as I have in this lifetime. I am thankful to Allah SWT for what I have achieved. I don’t want to burden

myself with too many responsibilities anymore. I want to maintain the balance in my life, a bit of work, the spiritual side of life and god willing, good health.

I hope to be able to continue to play a lot more golf. Hopefully, I can reduce my handicap lower than Zubaidah.

)

“ I consider myself very lucky, to have achievedas much as I have in this lifetime. I am thankfulto Allah SWT for what I have achieved.”

BUSINESS

:biz buzz

:03

KICK-OFF SESSION WITH UEM GROUP BUSINESS PLAN 2005

The session began with a welcome address by UEM Group Managing Director/Chief Executive Officer, Dato’ Ahmad Pardas Senin. He reminded the team that “in becoming leaders of our respective industries, we must effectively capitalise on our three key resources;financial, assets and people. Our greatest challenge is to make sure all these resources are being managed and utilised so that we canhave greater synergies amongst ourselves to grow the business.”

Datuk Abu Hassan Kendut, UEM Group Chairman, gave a keynote address that drove home three key strategies moving forward. Thestrategies were: improving and enhancing our operational efficiency, creating shareholders value through greater productivity and growth by effectively and maximising all resources available to us, and business growth and expansion.

The programme continued with a presentation on “Business Plan 2005 – Creating Value through Productivity and Growth”by Dato’ Ahmad Pardas, followed by presentations on “Key Points and 2004 Estimates – Group Companies” by ManagingDirectors,Chief Executive Officers and Chief Operating Officers of Group Companies.

Next on the agenda was a talk and dialogue session by a guest speaker, Professor Emeritus Dr. Mohamed Ariff, ExecutiveDirector of the Malaysian Institute of Economic Research. He shared his insights and discussed the issues and prospects ofthe Malaysian economy for 2005 and beyond.

Mohamad Azman Sulaiman, Director, Group Business Development also presented key strategies in the Group’s businessdevelopment efforts and updates on key activities. A dialogue with Dato’ Ahmad Pardas Senin followed by a Wrap up &Conclusion session concluded the event.

> WE’RE ALL SET TO TAKE 2005 BY STORM. AT A ONE-DAY EVENT,UEM GROUP HELD A KICK-OFF SESSION FOR BUSINESS PLAN2005 WITH ABOUT 50 SENIOR MANAGEMENT TEAM MEMBERS.DURING THE SESSION, THE TEAM RECONVENED, REVISITED THEOBJECTIVES, GOALS AND PLANS THAT WERE SET DURING THEMANAGEMENT BRIEFING HELD IN APRIL 2004, AND DISCUSSEDHOW MUCH HAS BEEN ACCOMPLISHED, AS THEY STEER THEDIRECTION OF THE GROUP FOR 2005.

DAGANGNET SHOWCASES SUITE OFPRODUCTS ON WORLD CUSTOMS DAY

>>USP is an initiative aimed at providing telephonyamenities in selected underserved and remotedistricts in East Malaysia. It was awarded toTIME dotCom Berhad by the MalaysianCommunications and Multimedia Commission(MCMC).

Under the USP project, TIME dotCom’s role is toprovide public payphones and residentialphones to selected districts which had no readyaccess to telecommunications facilities.However, TIME dotCom Berhad took this onestep further by delivering the USP services viathe latest Next Generation Network (NGN)capability, thereby providing a platform for futureconnectivity to Broadband Internet Access in the14 areas. This initiative goes hand-in-hand with

the Government’s National Broadband Plan towire at least 10% of the Malaysian population tohigh-speed Internet connection.

The USP project represents yet another joint-effort by TIME dotCom Berhad and MCMC toimprove the lives of rural Malaysians, following thesetting up of Kedai.koms in 2003, which todayprovide payphone and Broadband access to 13selected kampungs in Perak, Kedah and Perlis.

While the project has had its fair share ofchallenges in rolling out the telecommunicationsinfrastructure in remote areas with limited accessroads and power supply, the TIME dotComBerhad team remained unfazed andsuccessfully completed the project.

> THE COMMUNITIES IN 14 RURAL AREAS OF SABAH ARE NOW ENJOYINGTHE CONVENIENCE OF HAVING PHONES IN THEIR HOMES ANDNEIGHBOURHOODS, THANKS TO THE RECENT COMPLETION OF THEUNIVERSAL SERVICE PROVISION (USP) PHASE 1 PROJECT BY UEMGROUP TELECOMMUNICATIONS DIVISION, TIME DOTCOM BERHAD.

:04TIME DOTCOM CONNECTS RURAL SABAH TO THE WORLD

The event was officially launched by the Yang di-Pertuan Agongand attended by dignitaries that included the Prime Minister ofMalaysia, Sultan of Selangor, Selangor Menteri Besar, andCustoms Director-General, Tan Sri Abdul Halil Abdul Mutalib.

At the launch of the event, Dagang Net Technologies Sdn Bhdsent a team of 33 personnel to participate in the “static march”held during the grand opening. Later, Dagang Net TechnologiesSdn Bhd showcased its suite of products and services – MyPorts,ePermit Application and Order Fulfillment Services (OFS), andwas honoured by a special visit from the Yang di-Pertuan Agongand his entourage. Dagang Net Technologies Sdn Bhd’s ChiefExecutive Officer, Saifol Bahri Mohd Shamlan, briefed the Yangdi-Pertuan Agong on Dagang Net Technologies Sdn Bhd’soperations, products and services.

> AS A KEY BUSINESS PARTNER TO CUSTOMS, DAGANG NET TECHNOLOGIESSDN BHD WAS INVITED TO PARTICIPATE IN THE XXIII WORLD CUSTOMS DAYCELEBRATION HELD IN UITM SHAH ALAM, FROM 6-8 FEBRUARY, 2005.

UEM LAND MOVES TO FABER TOWER

<

ON 21 MARCH 2005, UEM LAND SDN BHD OFFICIALLY MOVED TO THE 18TH FLOOR OF FABER TOWERS 2 IN TAMAN DESA AFTER

LONG RESIDING IN MCOBA BUILDING. THE MOVE WAS NECESSARYTO ACCOMMODATE UEM LAND’S EVER GROWING REQUIREMENTS

FOR EFFECTIVE OPERATION.

PHARMANIAGA ENTERS HERBAL MARKET WITH INNOHERBPharmaniaga Berhad’s Managing Director, Azhar Hussain, enthused:“InnoHerb marks Pharmaniaga’s entry into the herbal supplementmarket, and our support towards the growing trend of using alternativemedicines. We foresee the potential in InnoHerb and endeavour to worktowards identifying and introducing new pharmaceuticals technologyfrom the world over to develop the local traditional medicines.”

InnoHerb utilises innovative Phytogranules® technology; an advancedpatented French technology of tiny, enhanced-release herbal pallets.Each InnoHerb capsule encases Phytogranules® microbeads whichmeasure 1mm or less in diameter, and contains standardisedconcentrations of active compounds from herbal extracts.

One of the main reasons for the increasing interest in herbal medicine is its low toxicity, which leads to fewer side effects as compared topharmaceutical drugs. The microbeads are coated with a specialpolymer that enhances the stability of active substances by protectingthem against degradation and sustaining their release. This not onlyimproves absorption, but also upper gastrointestinal tolerance, whichmeans the pellets are gentle on the stomach.

:05> PHARMANIAGA MARKETING SDN BHD OFFICIALLY LAUNCHED INNOHERB; A NEW HERBAL

SUPPLEMENT RANGE, ON 15 SEPTEMBER 2004 IN SUBANG JAYA. THE LAUNCH WAS OFFICIATEDBY YB DATUK DR. HJ. ABDUL LATIFF AHMAD, DEPUTY MINISTER OF HEALTH MALAYSIA, ANDWAS WITNESSED BY OVER 200 PHARMACISTS AND MEDICAL PROFESSIONALS.

UEM Land Sdn Bhd, which spearheads the property arm of UEM Group, plans to focus moreon Johor in 2005. Its main concern is to develop Bandar Nusajaya and position it as the

preferred location for residential development. Meanwhile, the Company will also be developingother catalyst developments like the new Johor State Administrative Centre, the proposed medical

city, education park, industrial park and theme park. All of which serves to enhance the value ofBandar Nusajaya and place it as a “World City” with a global identity.

As for projects in Cyberjaya, its subsidiary, Mahisa Sdn Bhd will continue to complete the construction of the D’Cassia Apartments and Commercial Centre A.

>>

SMARTTAG MAMPU DIMILIKI MELALUI PROMOSI “100 UNTUK 100”

> UNTUK MENGGALAKKAN PENGGUNAAN SMARTTAG DI TOL, RANGKAIAN SEGARSDN BHD (RSSB), OPERATOR SISTEM PEMBAYARAN ELEKTRONIK SMARTTAGDAN KAD TOUCH ’N GO, TELAH MELANCARKAN PROMOSI SMARTTAG “100UNTUK 100”.

Dalam satu upacara pelancaran yang dirasmikan oleh Menteri Kerja Raya, Datuk Seri Samy Vellu,promosi SmartTAG “100 Untuk 100” ini telah bermula pada 4 April 2005 dan akan berlangsung selamabeberapa bulan.

Di bawah promosi ini, pengguna yang sedia ada dan baru akan layak untuk membeli satu SmartTAG unitpada harga RM100 apabila mereka menambah nilai atau membeli kad Touch ’n Go pada kadar RM100.Pemegang kad pintar nasional, MyKad, yang mempunyai fungsi Touch ’n Go juga layak menikmatipromosi ini.

:06This was announced on 30 September 2004, as promised to shareholders, afterreceiving its shareholders’ approval for the disposal of its 49% stake in Inter-Heritage Sdn Bhd (which owns the Sheraton Imperial Hotel in Kuala Lumpur)to United Engineers (M) Bhd at an extraordinary general meeting on 30 August2004. The approval by the shareholders was the last required pursuant toconditions set out by the Securities Commission.

Faber Group Berhad’s Managing Director, Noorizah Hj Abd Hamid, said:“The debt restructuring leaves Faber Group with a cleaner balance sheet, andwe are poised to revitalise our two remaining core businesses, Healthcare andProperty Development. We also plan to improve earnings by focusing on thestrategic growth in these two core businesses and ensuring a more efficient coststructure. Our Healthcare and Property Development Divisions are expected tocontribute 60% and 40% to revenue respectively. Faber Group will have onehotel remaining in our stable, which is Sheraton Hanoi in Vietnam.”

The Healthcare Division, which currently holds a 15-year concession for the provision of hospital support services to Governmenthospitals under the Ministry of Health for the northern states of the peninsular, Sabah and Sarawak, is in its eighth year of operation.With the experience and expertise that the division has acquired, it is now poised to secure new businesses from non-concessionsand other healthcare institutions, and venture into the international market especially within the ASEAN region.

The Property Development arm has begun a mixed-development on 100 acres of land in Kepong. The division will also be activelylooking for strategic land banks for joint development or acquisition.

FABER GROUP IS READY TO SOAR > THE COMPLETION OF FABER GROUP BERHAD’S DEBT RESTRUCTURING

SCHEME HAS GIVEN FABER GROUP BERHAD A NEW LEASE OF LIFE WITH DEBTSNOW PARED DOWN FROM RM1.6 BILLION TO A MANAGEABLE RM196 MILLION.

Untuk pemegang kad “Zing” daripada bank-bank yangmenyediakan perkhidmatan tambah nilai automatik danjuga pelanggan korporat FleetPass, hanya perlumenunjukkan kad mereka yang aktif di kaunter jualanTouch ’n Go yang sah.

Datuk Yahaya Yaacob, Pengerusi RSSB berkata,“Promosi SmartTAG “100 Untuk 100” in adalahsebahagian daripada usaha kami untuk mengalakkanpengguna tol menikmati keselesaan pandu terusapabila membuat pembayaran tol secara elektronik”.

Datuk Seri Samy Vellu mengungkapkan rasa gembirabeliau terhadap inisiatif RSSB kerana ianya seiringdengan pelan dan matlamat kerajaan untukmemperbaiki mutu perjalanan trafik di semua plaza tol.“Anjakan daripada bayaran tunai kepada bayaransecara elektronik ini akan menggalakkan pembangunansistem aliran bebas di Malaysia, setanding dengannegara-negara maju,” beliau berkata.

RSSB menjamin kepada pengguna umum bahawastok SmartTAG adalah mencukupi untuk menampungpermintaan sepanjang promosi ini dijalankan danpengguna tidak perlu risau akan tahap stok yangtersedia.

SmartTAG akan dijual di kaunter jualan yang sah diPlus Expressway, ELITE, Linkedua, Penang Bridge,Ampang Elevated Highway, SILK, NPE, Besraya danstesen servis Petronas yang terpilih. Lebih banyakkaunter akan dibuka tidak lama lagi dan RSSB akanmengadakan kaunter jualan bergerak di pusat-pusatmembeli-belah dan juga di kawasan rehat dan rawat di sepanjang lebuhraya untuk memenuhi permintaanpengguna. Untuk mendapatkan maklumat yang lebihterperinci, layari laman sesawang kami diwww.touchngo.com.my atau membuat panggilan ke Pusat Khidmat Pelanggan Touch ’n Go(03) 76285115.

:07

UEM WORLD MAKES RM63 MILLION NET PROFIT> UEM WORLD BERHAD, THE UEM GROUP’S LISTED FLAGSHIP

COMPANY, HAS RECORDED RM63.45 MILLION NET PROFIT ONRM2.9 BILLION REVENUE FOR ITS FIRST FULL YEAR ENDEDDECEMBER 2004. PRE-TAX PROFIT WAS RM160.4 MILLION FORTHE YEAR, WHILE EARNINGS PER SHARE STOOD AT 4.6 SEN,FROM 35.6 SEN BEFORE.

The engineering and construction business was the main contributor to the revenue and profit,followed by its manufacturing and healthcare operations.

In a statement, the company said a year-on-year comparison was not appropriate due to the timing ofthe Group’s restructuring and the different composition of the Group before and after the restructuring. Financing figures were also affected by exceptional gains arising from the restructuring in 2003.

CONTRIBUTION TO THE GROUPCore Business (RM Million) Revenue Profit before taxEngineering and construction 2,138.4 176.5Healthcare* NA 24.5Environmental services 104.9 (10.9)Property 53.7 (40.0)Manufacturing 566.0 19.4Investment NA (9.1)Total 2,863.0 160.4* Associate Company

For the financial year ended 31 December 2003, the Group reported net profit of RM314.33 millionon RM359.82 million revenue.

“Despite the increasingly competitive market, UEM World Berhad remains optimistic and is lookingforward to the challenges in 2005”, Managing Director/Chief Executive Officer Dato’ Ahmad PardasSenin said.

“UEM World Berhad’s new structure will see its future earnings being less dependent on theconstruction sector as its wholly-owned property and environmental operations start to contributepositively to its bottom line,” he added.

UEM Builders Berhad contributed revenue of RM1.164 billion, thanks to a recurring incomestream from Projek Penyelenggaraan Lebuhraya Berhad and Penang Bridge Sdn Bhd.

Asset development and asset management consultancy outfit Kinta Kellas plc registered RM33.1 million in pre-tax profit on the back of RM541.5 million revenue.

Healthcare division Pharmaniaga Berhad posted RM800 million revenue, up 26.5 per cent from a year ago, of which concession sales made up 61.7 per cent.

Significant growth was also driven by a US$13.3 million (US$1 = RM3.80) contract to supplypharmaceuticals and medical equipment to West Asia.

Property arm UEM Land Sdn Bhd, however, recorded a pre-tax loss of RM40 million due toallowances for doubtful non-trade debts on the back of a revenue of RM53.7 million.

>

:fl shback

During his welcome address, Dato’ Ahmad Pardas said that the evening was an opportunity for allUEM Group employees to get to know each other better, to form a united front as the Companycharts new heights as Malaysia’s leading conglomerate in nation building.

The activity-filled night also featured an entertaining UEM Idol competition. 12 representatives from UEMGroup companies showed off their vocal styles and hidden talents. Each contender, decked in his or herfinest, battled for the title of UEM Idol by presenting one song each. Norsaini Azali from CIMA Berhademerged the champion, while the second and third places were respectively captured by AfzanizamJailani from PLUS Expressways Berhad and Ahmad Termizi Mohd Shabidin from UEM Land Sdn Bhd.

Throughout the evening, the audience was continuously entertained by the antics of the evening’s hosts– comedian Farouk Hussein and TV3’s Norazlina Ridzuan. The glamorous evening peaked with ashow of pyrotechnics and laser beams that wowed the audience. Before the evening was over,Malaysia’s two most favourite artistes, Ning Baizura and Anuar Zain, held the crowd enthralled.

MALAM ANUGERAH KUMPULAN UEM

:08

> IT WAS A NIGHT OF STARS IN THE SELANGOR BALLROOM AT SHERATONSUBANG HOTEL AND TOWERS AS OVER 2000 OF UEM GROUP STAFFGATHERED FOR MALAM ANUGERAH UEM ON 3 JULY 2004. THE GALA EVENTWAS A CELEBRATION OF THE GROUP’S COMPANIES’ AND EMPLOYEES’ACHIEVEMENTS THROUGHOUT THE YEAR.

The evening also marked the first major event to be held after Dato’ Ahmad PardasSenin took over from Dato’ Abdul Wahid Omar as Managing Director/Chief ExecutiveOfficer of UEM Group.

BEST EMPLOYEE OF THE YEAR AWARDBest Employee (Executive) – Choon Kok Hoo from Faber Medi-Serve Sdn Bhd Best Employee (Non Executive) – Roslan Samad from PLUS Expressways BerhadMost Improved Company – Faber Medi-Serve Sdn BhdBest Performing Company – PLUS Expressways Berhad

CONGRATULATIONS TO ALL THE WINNERS AT MALAM ANUGERAH UEM 2004UEM Group Sports Carnival Champions Badminton, Volleyball, Bowling, Football– all won by Expressways Division

Sports Personality of the Year– Ahmad Zabidi Mustafa from Kinta Kellas plc.

Special Merit Award for Outstanding Achievement/Contribution to Society– Noor Amali Mahat from PLUS Expressways Berhad

Special Merit Awards for Outstanding Education Awards amongst Employees’ Children– SPM: Amni Hidayah Mohd Tauffick, Ahmad Fariz Azhar and Mohd Syahirul Syfiq Johari. – PMR: Khalisah Liyana Zulkefli, Ahmad Syahir Ahmad Bakhit and Nurul Fazilah Aziz.

>

<<:09

UEM GROUP MEETS THE MEDIA

Group Companies that participated in the exhibition included UEM World Berhad,PLUS Expressways Berhad, UEM Builders Berhad, Pharmaniaga Berhad, TIMEEngineering Berhad, TIME dotCom Berhad, Kinta Kellas plc, CIMA Berhad and FaberGroup Berhad. The four-day exposition, held in August 2004, was officiated by YAB Dato’Seri Abdullah Haji Ahmad Badawi, Prime Minister of Malaysia. The event was organised byBursa Malaysia Securities Exchange Berhad and supported by the Ministry of Finance,Ministry of Domestic Trade and Consumer Affairs and the Securities Commission.

Invest Malaysia 2004 provides the opportunity for all investors to learn more about smartinvesting, to increase awareness on investment options, to be familiarised with newproducts and services and to be updated on developments in Malaysian publiccompanies. Invest Malaysia 2004 also provides the opportunity for investors to consultwith brokers and other investment managers who will participate in the fair.

Held at Tun Razak Hall 3, Putra World Trade Centre (PWTC), the event showcased over40 exhibitors, made up of public listed companies, brokers, investments houses, unit trustcompanies and related associations. It drew thousands of visitors, including institutionalinvestors and the investing public. The exposition also featured an exhibition, a series ofeducational seminars and workshops to cultivate and promote healthy investing habitsand encourage investment decisions based on fundamentals. It was the biggest investoreducation effort in recent years.

> IN SUPPORT OF THE GOVERNMENT’S EFFORTS TO IMPROVE THEPERFORMANCE OF THE GOVERNMENT LINKED COMPANIES, UEMGROUP WILL FOCUS ON BUSINESS GROWTH AND EXPANSION INTHREE MAJOR GROUPINGS – UEM WORLD BERHAD, EXPRESSWAYSAND TECHNOLOGY. PARTICULAR EMPHASIS WILL BE PLACED ONBUSINESSES UNDER UEM WORLD BERHAD AS PART OF ITS VALUECREATION STRATEGY.

UEM GROUP IS GOLD SPONSOR AT INVEST MALAYSIA 2004> UEM GROUP WAS ONE OF THE GOLD SPONSORS FOR INVEST MALAYSIA

2004, WITH NINE PUBLIC-LISTED COMPANIES JOINING EXHIBITION BOOTH.

Speaking at a meet-the-media session on the Group’s strategy at Sheraton Subang Hotel and Towers in October last year,Dato’ Ahmad Pardas Senin said: “UEM Group will adopt a three-Trojan-horse strategy, capitalising on resources andstrengths from the three groups to aggressively grow the businesses and create value for shareholders and investors”.

“UEM Group has successfully restructured its debt and businesses, enabling it to capitalise on the resources and synergiespresent within and across its flagship companies to drive growth and productivity,” he added.

Following the completion of UEM Group’s corporate restructuring exercise, UEM World Berhad was formed, with focus on five core businesses –Engineering & Construction, Healthcare, Environmental Services, Propertyand Manufacturing.

“Moving forward, our value creation strategy includes improving and prioritisingUEM World’s under performing assets and investments as part of our overallinitiative to generate better shareholder returns and meet our debt obligations.Ultimately, we want to translate our initiatives into tangible value such as gooddividend yields and capital growth,” Dato’ Ahmad Pardas Senin added.

:CELEBRATINGFRIENDSH

>> IN THE WORDS OF UEM GRO

OFFICER, DATO’ AHMAD PAFRIENDSHIP WITH ALL OUR BANKERS, LAWYERS, MEMB

This meaningful theme was kicked off during the Year-End Get-Together on 28 D2004. The event held three well-meaning objectives: to show appreciation to all Uvalued friends, to celebrate the Group’s achievements for the year among frienunite in friendship as the nation celebrates the multi-cultural festivities – DeepaHari Raya Puasa, Christmas, New Year and Chinese New Year.

At the event, Datuk Abu Hassan Kendut also presented a donation of RM30,00Group to Datuk Jemilah Mehmood, President of MERCY, in support of its humefforts locally and abroad.

The event was attended by over 1,000 guests, including those from the corporagovernment, non-government and media organisations.

HIP

OUP’S MANAGING DIRECTOR/CHIEF EXECUTIVEARDAS SENIN, “2005 IS THE YEAR TO PAY TRIBUTE TO OURVALUED BUSINESS PARTNERS, ASSOCIATES, CLIENTS,

BERS OF THE MEDIA AND GOVERNMENT CONTACTS.”

DecemberUEM Group’snds, and toavali,

00 from UEMmanitarian

ate,

:spotlight

Heeding the call for help from MERCY Malaysia andAMAN Malaysia, Kualiti Alam staff organised alightning brigade to provide on-ground assistance.

Brigade UEM managed to get to the worst-hit area onthe same day to proceed with the task.

With a water-jet spray on loan from a supplier andstudents from Multimedia University, the team helpedclean houses, and handed out sponsored food, clothesand cooking utensils to the stricken residents.

On the second day, the team joined MERCY Malaysiavolunteers from Penang and Kuala Lumpur for agotong-royong to clean Sekolah Rendah KebangsaanSri Kuala.

For members of the lightning brigade who were used toworking in air-conditioned environments, the two-daymission may be hard labour. But to them, it was worthevery ounce of effort as the grateful faces of the KualaMuda survivors at the end of the visit gave the brigadean optimistic feeling that they would be able tosurmount their difficulties.

OVER RM1 MILLION IN CASH AND KIND FOR TSUNAMI VICTIMS

On 26 December 2004, UEM Group coordinated a series of relief efforts to alleviatethe plight of the victims of Tsunami disaster.

In the spirit of social responsibility, UEM Group was one of the first companies to contribute in aid of the disaster. The Group contributed RM100,000 to theMalaysian Tsunami Disaster Fund coordinated by the New Straits Times, BeritaHarian, TV3 and 8TV. This amount was matched by PLUS Expressways Berhad,while Pharmaniaga Berhad pledged a contribution worth RM50,000 in kind.

Two days after the tragedy, UEM Group further launched a Tsunami Disaster ReliefCampaign during its Year-End Get-Together at Sheraton Subang Hotel and Towers.This 2-week internal donation campaign managed to raise over RM100,000; ofwhich RM50,000 was presented by Dato’ Ahmad Pardas Senin on behalf of UEM Group staff and management, to Persatuan Bulan Sabit Merah Malaysia(Malaysian Red Crescent Society). Faber Group Berhad also presented RM58,700during the same ceremony.

To date, UEM Group contributed over RM1 million in cash and kind (food, clothing,pillows and toiletries) to the various funds set up for the Tsunami victims.

To quote UEM Group’s Managing Director/Chief Executive Officer: “Our hearts goout to families of the victims. I hope our contribution will go a long way in assistingthe families to start rebuilding their lives.”

> WHEN THE TSUNAMI HIT ASIA ON 26 DECEMBER 2004,THE WORLD WAS SHAKEN BY ITS TREMENDOUSIMPACT. MALAYSIA WAS NOT SPARED BY THIS GIANTKILLER WAVE. THE MOST DEVASTATED AREA HIT BYTHE TSUNAMI IN MALAYSIA WAS KUALA MUDA, KEDAH,WHERE THERE WERE LOSS OF LIVES AND PROPERTIES.

MISSION IN AID OF TSUNAMI VICTIMS

:g d work

:12

>>Held on 5 March 2005, the event was initiated by a committee comprising of TIME dotComBerhad’s Human Resource Department and members of the Surau An-nur. It was part ofthe Company’s ongoing community engagement efforts to contribute to the less fortunatewhile encouraging kindness towards others.

The event started with a series of indoor games for the children and was followed by outdooractivities as well as a song and poem recital performance by the children. At the end of thefun-filled day, souvenirs were given to all the children along with school stationery sets.

> IN THE TRUE SPIRIT OF GIVING AND CARING, THE EMPLOYEES OF TIME DOTCOM BERHADSHOWED KINDNESS AND GENEROSITY BY ORGANISING A DAY OF FUN AND LAUGHTER FOR THE ORPHANS OF ASRAMA KASIH SAYANG DARUL FITRAH IN TAMAN GOMBAK RIA, SELANGOR.

TIME DOTCOM LIVENS UP THE DAY ATASRAMA KASIH SAYANG DARUL FITRAH

PRIMARY LITERATURE PROGRAM GOES NATIONWIDE

In continuing UEM Group’s efforts in championing education, the UEM Group PrimaryLiterature Programme has been taken nationwide through a series of workshops. Sinceits official launch by Dato’ Seri Hishammuddin Tun Hussein, the Minister of Education,at the Putra World Trade Centre (PWTC) in July 2004, the workshops have taken placein states of Selangor, Johor, Perlis, Terengganu, Pahang and Sabah. Up to nine moreworkshops will be held throughout the country to fulfill the programme's target to have at least one workshop in every state before the year's end.

The programme costing RM1.5 million is co-sponsored by UEM Group and TIMEEngineering Berhad, conducted in collaboration with The British Council Malaysiathrough the endorsement of the Curriculum Development Centre, Ministry of Education.The programme is not a new or an additional English subject. It is to introduce to primaryschool teachers an alternative method of teaching English that provides children with theopportunities to develop at an early age, language skills and knowledge in an exciting,enjoyable and rewarding way.

:13In the week leading to the event, the organising committeehad initiated an internal donation drive to solicit cashcontributions for charitable causes. The initiative received anoverwhelming response from the staff of TIME dotComBerhad, and raised approximately RM14,000.

A portion of the collection was utilised for the day’s eventwhile the remainder will be used to fund other programmesthat would benefit the children at Asrama Kasih SayangDarul Fitrah, such as employing tuition teachers andopening savings accounts for them.

>>HARI ALAM SEKITAR KUMPULAN CIMA

For over two months, CIMA Berhad advocated environmentalpreservation amongst the local community in Perlis and disseminatedinformation on the conservation efforts that were undertaken.

Various activities involving the local community were conducted,including a Bougainvillea Contest, Festal Futsal Challenge,Explorace, Most Beautiful & Clean Mosque and School as well asRadio Malaysia Perlis Alam Sekitar Quiz.

The highlight of the closing ceremony was the release of 29 doves,which represented CIMA Berhad’s 29th anniversary, by HisMajesty Tuanku Pemangku Raja Perlis. Her Majesty Raja PuanMuda Perlis also released 400 fishes into Tasik Melati.

Visitors were also treated to environmental-themed songs andperformances by CIMA Berhad’s own “Akademi Nirmala”. Otherguests present included YB Dato’ Seri Adenan Haji Satem,Minister of Natural Resources and Environment, State Speakers,the State Secretary, and the CIMA Berhad Board of Directors.

> THIS WAS THE STIRRING THEME FOR CIMA BERHAD’S ENVIRONMENTAL CAMPAIGN,“HARI ALAM SEKITAR KUMPULAN CIMA”, WHICH WAS HELD IN PERLIS LAST YEAR.THE THEME EMBODIES CIMA’S CORPORATE CULTURE IN PRESERVING THEENVIRONMENT, AND UNDERSCORES NOT ONLY THE COMPANY’S, BUT ALSO THEGROUP’S EFFORTS IN PROMOTING ENVIRONMENTAL AWARENESS.

> OVER 100 CHILDREN AND CARETAKERS FROMPONDOK PENYAYANG RAUDAH, GOMBAK ANDPUSAT PEMULIHAN DALAM KOMUNITI, RAWANGHAD A RIB-TICKLING, EDUCATIONAL ANDENTERTAINING TIME AT THE SESAME STREET LIVESHOW HELD ON 11 DECEMBER 2004 AT STADIUMPUTRA, BUKIT JALIL.

In line with UEM Group’s Corporate Social Responsibility endevours, this outingmarks another effort by UEM Group to champion education, especially amongst theless fortunate. The Sesame Street Live show was an opportunity to expose childrento the learning of English in an entertaining way. The children were especially excitedwhen the Sesame Street Live cast greeted them before the show.

The show, themed ‘Everyone Makes Music’, showcased some of children’sfavourite Sesame Street characters such as Big Bird, Elmo, The Cookie Monster,Grover, Burt and Ernie.:14

BEHIND THE SCENE WITH UEM TREASURY

Pardon us, but who exactly are we? We are no other than the staff ofthe UEM TREASURY DEPARTMENT. And we wish you a very warmWELCOME TO THE WORLD OF UEM TREASURY!

> EVER WONDERED WHO IS HARD AT WORK BEHIND THE SCENE TO ENSURE THATTHERE ARE SUFFICIENT FUNDS TO FINANCE PROJECTS, REPAY THE COMPANY’SBORROWINGS AND COVER THE OPERATING EXPENSES? AND HOW THESEACTIVITIES ARE CARRIED OUT? FRIENDS, WONDER NO MORE FOR ALL YOURQUESTIONS WILL BE ANSWERED HERE… WE HOPE!

:15

:behind the sc ne

OUR FUNCTIONSIn brief, we ensure that the Company’s financial requirements aremet. We safeguard the Company’s financial resources byestablishing credit facilities with financial institutions. Also, throughregular review, we undertake initiatives to minimise the cost of theCompany’s borrowings. Additionally, we are involved in variouscorporate exercises such as project financing, debt restructuringand IPO exercise.

WE ARE ISO CERTIFIEDYes, we are! And we are proud of it, too! We have two proceduresthat were certified in Year 2001, namely the procedures onFinancial Resources Requirement and Trade Line Facility.These procedures govern our activities, which cover all areas thatrelate to securing financial resources and trade line facilities forDivisions within UEM as well as other Group companies.

CUSTOMERS AND CUSTOMER SATISFACTION Primarily, we provide our services to the Business DevelopmentDivision and companies within the Group. To date, most of theservices provided were for UEM Builders Berhad.

To ascertain customers’ satisfaction, we welcome their feedbackvia our Customer Satisfaction Survey form. With the aim ofcontinuously improving our performance, we monitor ourcustomers’ feedback closely and ensure that all grievances areaddressed accordingly.

It gives us a great sense of achievement when customers’requirements are met. One of our customers, Yayasan UEM, hasgiven us the highest rating for the assistance provided in securing a guarantee for their utilities facility. There is nothing like a satisfiedcustomer!

IMPROVING OURSELVES THROUGH THE ISO QUALITY SYSTEMBy implementing our ISO documented procedures, we haveimproved our quality of work by constantly meeting deadlines givenby our customers. This is most important as we need to ensure thatthe requirements set by the Group companies for bidding on allprojects are fulfilled and the financial resources required for theprojects at hand are not jeopardised.

Being ISO certified has certainly benefited us in improving ourefficiency, especially in expediting our work processes and inmeeting the Company’s organisational objectives.

We hope you understand the Treasury Department and ourfunctions a little better now. With the ISO spirit instilled in all of us in the Treasury Department, we assure you that we willcontinuously improve our standard of competency.

contributed by Mohd Zin Abdul Rahman

From left: Abdul Manan Nordin, Baizatul Ain, Fyzul Adzwan, Ramlan Abdul Rahman, Mohd Zin Abdul Rahman, Lau Siew Ming

<<:16

:get smart

WORLD’S BEST STUDENTS AT KYUEM

> KOLEJ YAYASAN UEM (KYUEM) STUDENTS EXCELLED IN THEIRCAMBRIDGE A-LEVEL EXAMINATIONS YET AGAIN.

43% of KYUEM students who sat for the exams last year obtained straightA’s, while another 70% scored two or more A’s. More students also qualifiedfor places into the top universities in UK and Ireland.

Three students, Liyana Nadirah Abd Rahman, Tan Sin Yi and Wilson TayTze Vern, emerged as the world’s best in Accounting, Literature in Englishand History respectively. Liyana was awarded the Malaysian BusinessOpen Scholarship while Sin Yi procured the Malaysian English OpenScholarship by Cambridge International Examinations.

Meanwhile, Saravanan Nagappan joined Liyana, Wilson and Sin Yi to receivethe top-score in computing in Malaysia. 32 students capped this fineperformance by being ranked in the Malaysian top ten for eight subjects in thissame exam.

>>The department’s principal functions are to manage Yayasan UEM, includingKolej Yayasan UEM, the Renong Group Scholarship Trust Fund, and to leador assist in other educational initiatives of the Group.

EDS is headed by Dr. Muhammad Ikmal Mohd Said, and comprises fourother team members – Shahinaz Abdul Rahim, Rodziana Ahmad, MohdShah Abdul Rahman and Azman Nasir.

> A BELATED WELCOME TO ALL AT THE EDUCATIONDEVELOPMENT AND SUPPORT (EDS) DEPARTMENT – THE LATEST DEPARTMENT TO JOIN UEM GROUP. SET UP IN SEPTEMBER 2004, EDS BRINGS THE FUNCTIONS OFYAYASAN UEM TO THE GROUP LEVEL.

NEW DEPARTMENT ON THE BLOCK

> ON 18 JANUARY 2005, THE UEM KILIMANJAROEXPEDITION SET OFF FOR TANZANIA IN EAST AFRICA TO CLIMB MOUNT KILIMANJARO, THE TALLEST, FREE-STANDING MOUNTAIN IN THE WORLD.

AGAINST ALL ODDS

K I L I M A N J A R OEXPEDITION2005

:17Was the climb worth the effort? “Yes, definitely, 100%,” enthused Zafrul.“The climb really tested our semangat or fighting spirit as we had to keeppushing ourselves despite the freezing cold, no matter how tired we were,especially on summit day when the terrain became really steep anddifficult. It was also a privilege to be able to enjoy the rugged beauty of themountain, something that not everyone has the chance to do.”

“Kilimanjaro really is a beautiful mountain,” added Rene’e, “withbreathtaking scenery ranging from the moorlands at Shira Plateau to thesnowfields and glaciers at the summit. Like all mountains, the weather canchange abruptly but although we had a few hailstorms on the way up, wewere lucky to enjoy good weather at Stella Point and at Uhuru Peak.”

Having accomplished their mission to conquer the mountain known as theRoof of Africa, what does the team intend to do next?

“We are in the midst of proposing another Expedition for 2006. Althoughwe cannot confirm anything at this time, some of us are giving seriousthought to climbing other high altitude mountains such as Aconcagua inSouth America!” Kabie said.

In the meantime, all UEM Group staff can look forward to sharing theteam’s Kilimanjaro experience through a series of presentations andmotivational talks, which will be organised over the coming months.

“Determination and commitment – these are the qualities that weredemanded of us on Kilimanjaro and these are the qualities we hope toinspire in our UEM colleagues and friends when we tell them about theUEM Kilimanjaro Expedition 2005,” said Rene’e. “With enoughdetermination and the commitment to see things through to the end, there is no limit to what we can achieve!”

THE EDITORIAL BOARD WISHES TO CONGRATULATE

THE KILIMANJARO 2005 EXPEDITION TEAM ON THEIR EFFORT IN CONQUERING MOUNT KILIMANJARO.

:family ma ers

The objective of the expedition was to promote UEM Group’s core values of achieving gratification andexcellence not only at work but also in our personal lives.

The 5-member team comprising breast cancer survivor Rene’e Aziz Ahmad (PLUS ExpresswaysBerhad), Khairul Ariffin ‘Kabie’ Ibrahim (UEM Group), Zafrul Shamry Abdul Karim (ProjekPenyelenggaraan Lebuhraya Berhad), Zulkifli Kamarolzaman (UEM Construction Sdn Bhd) and P.Thomas Simon (UEM Builders Berhad) began the 100-km hike through the scenic terrain of theMachame Route on 22 January, 2005.

On 26 January at approximately 9:45 a.m., Kabie and Rene’e succeeded in reaching Uhuru Peak, thehighest point in all of Africa, standing at 5,895 meters or 19,340 feet. When asked about the challengesfaced by the expedition team leader Rene’e explained that the greatest difficulty was in overcoming theeffects of the cold weather and high altitude. “Zafrul and Zul managed to reach Stella Point on thecrater rim at 5,685 meters and were just two hours away from reaching Uhuru Peak. But they wereboth suffering from fatigue and altitude sickness and had to make the difficult decision to turn backwithout attempting the final ascent to the peak. Even Kabie, who was first to arrive at Uhuru Peak,began coughing up blood soon after and had to be brought down quickly to a lower elevation.

:18WELCOME TO UEM WORLD

DEPARTMENT RENAMED

INTER-COMPANY TRANSFER

NEW RECRUITS

> WE WISH TO INFORM THAT UEM GROUP INTERNAL AUDIT/PRODUCTIVITY AND QUALITY MANAGEMENT/RISK FACILITATION AND MONITORING DIVISION HAS BEEN RENAMED IMPROVEMENT AND ASSURANCESERVICES DIVISION WITH EFFECT FROM 1 JANUARY 2005.

NAME POSITION DATE JOINED DIVISION / DEPARTMENT

Mohd Ramlan Abdul Rahman General Manager 3 January 2005 Group Finance

Tiow Wei Sheng Executive 2 February 2005 Group Internal Audit

Khoo Pei Pei Executive 2 February 2005 Group Finance

Emilia Mohamed Yusoff Executive 2 February 2005 Group Finance - Reporting

Azlina Azmie Abdullah Executive 2 February 2005 Group Finance

Tan Lih Rui Executive 2 February 2005 Group Finance - Reporting

Izura Md Ikram Executive 2 February 2005 Group Internal Audit

Mohammad Idzhan Abdullah Azmi Executive 2 February 2005 Group Business Development

Mohd Hedzri bin P Jaafar Executive 2 February 2005 Group Business Development

Mohd Fozae Samad Senior Manager 15 February 2005 Group Business Development

Suzianna Aimee Mohd Rais Executive 10 March 2005 Group Internal Audit

NAME POSITION FROM TO EFFECTIVE DATE

Roseta Mohd Jaafar Manager Kinta Kellas plc. Group Corporate Communications 2 March 2005

Zawiyah bt Abdullah Secretary Kinta Kellas plc. Group Business Development 7 March 2005

Amelia Abdul Rahman Executive Group Business Development Time Engineering Berhad 15 January 2005

SENIOR MANAGEMENT APPOINTMENTSMOHD ZAKI HAMDAN AS CHIEF FINANCIAL OFFICER OF CEMENT INDUSTRIES OF MALAYSIA BERHAD (CIMA) WITH EFFECT FROM 16 JANUARY 2005.

Zaki started his career in KPMG Peat Marwick between 1985 to 1991. He has extensive senior level experience in the financial field,working for organisations such as The New Straits Times Press (Malaysia) Berhad (NSTP), Philips Audio Electronics Sdn Bhd and MakroCash and Carry Distribution (M) Sdn Bhd. Zaki also served as Senior General Manager, Finance and Management Services at UnitedEngineers (Malaysia) Berhad from October 1997 to Febuary 2001. His most recent appointment was as Director of ODT Timber Sdn Bhd.

He holds a Bachelor’s Degree in Business (majoring in Accounting) from Western Australian Institute of Technology, Australia (presentlyknown as Curtin University of Technology). He is a Fellow Certified Practising Accountant (FCPA) of CPA Australia and a CharteredAccountant (CA) of Malaysian Institute of Accountants (MIA).

ADNAN MOHAMAD AS CHIEF OPERATING OFFICER OF UEM BUILDERS BERHAD WITHEFFECT FROM 1 APRIL 2005.

Prior to joining us, Adnan has served in various senior positions in the UEM Group, including the Chief Operating Officer of UEM Builders Berhad from September 2001 to April 2003.

WAN ROSLAN WAN ABBAS AS GENERAL MANAGER OF HUMAN RESOURCES ANDADMINISTRATIVE DEPARTMENT WITH EFFECT FROM 18 APRIL 2005.

With this new appointment, Wan Roslan will be primarily responsible for the management ofhuman capital and resources for UEM Environment Group of companies. In addition, Wan Roslanwill also assist the Managing Director in overseeing the administrative functions and activities ofUEM Environment Group.

Prior to joining UEM Environment Group, Wan Roslan was the Vice President, Group HumanResources and Administration in Time dotCom Berhad and has served various companies with the UEM Group in the areas of human resources and administration.

According to Shahdee, passion means having total devotion; and passion at work stems from having total commitment to the job andknowing that a small role in the company contributes to and benefits the organisation as well as the country.

Each day, Shahdee looks forward to come to work because she knows she’s contributing to a bigger cause. For instance, part of her workinvolves speaking at seminars to educate people in healthcare establishments on the potential hazards and importance of proper handlingand management of clinical waste, which help to reduce the risk of cross infection and spread of disease. It is Shahdee’s hope that asresponsible citizens, we leave our children and other generations to come, a world that is greener, safer and healthier.

Shahdee joined UEM Group in September 1994. She will be completing her part-time MBA in Strategic Management with the InternationalBusiness School, Universiti Teknologi Malaysia in June 2005. Shahdee is married. To relax, she reads and watches movies.

pas•sion [noun] [’pa-sh&n]: intense, driving, or overpowering feeling or emotion, the object of such enthusiasm

Source: Merriam-Webster’s Dictionary of Law

:19:s eak out

BEST EMPLOYEE AWARD

Amongst the key achievements of Kok Hoo is his activeinvolvement in preparing proposals for Reimbursable Works, which had resulted in monetary gain of about RM740,000 to the Company.

Another notable contribution is the key role he plays in majortechnical projects. The emphasis that he places on internal andexternal customer satisfaction, including strict compliance toregulatory requirements, is evident through the numerous letters of appreciation that he has received.

He has also made significant contributions in the area oforganisational learning by conducting training programmes in safety awareness.

His leadership qualities and commitment towards creativity andinnovation is exemplified through his efforts of successfully leading a team of technical personnel to design an air duct cleaning robot.This air duct robot has contributed to savings of about RM380,000and has enabled Faber Medi-Serve Sdn Bhd to address a longoutstanding problem which previously even international consultants

could not resolve. This invention is currently being targeted forimplementation nationwide to other locations.

The winner of the Best Employee of the Year (Non ExecutiveCategory) was Roslan Samad who serves as a Toll Teller at SkudaiToll Plaza, PLUS Expressways Berhad.

His performance record shows that he has consistently carried out hisduties at the highest standards. He is also well respected by hiscolleagues and peers and can always be relied upon as a team player.

Whilst on duty on 25 December 2003, Roslan returned a losthandbag which he had found lying just outside his toll booth. This handbag, which belonged to a PLUS user, containedRM13,000 and other personal belongings.

This deed exemplifies the value of integrity which is emphasisedwithin the Group for all staff to uphold and emulate. Roslan’shonesty has also served to significantly enhance the image andcommitment of PLUS Expressways Berhad to their customers.

> DURING THE MALAM ANUGERAH 2004, CHOON KOK HOO, THE FACILITY HEADOF ENGINEERING, FABER MEDI-SERVE SDN BHD AND ROSLAN SAMAD, TOLLTELLER, PLUS EXPRESSWAYS BERHAD WERE AWARDED BEST EMPLOYEE OFTHE YEAR 2003.

PASSIONAs Deputy Senior Manager in the Managing Director’s Office in Faber Medi-Serve Sdn Bhd,Shahdee believes that the essence of that advice entails working smart, not just working hard. It involves being efficient, resourceful and competent, and always being on the look out for newknowledge and acquiring new skills.

When assigned new and more challenging tasks, Shahdee believes that it is an indication that hersuperiors trust her capabilities in delivering good quality work. This further fuels her passion for workand she considers the occasional pats on the back or small notes of commendation from herbosses as a bonus that further ignites her motivation to continuously deliver excellence at work.

SHAHDEE AHMAD> WE BELIEVE THAT YOUR OPINION COUNTS, AND WE WOULD LIKE TO INVITE YOU TO SHARE WITH US WHAT

YOU THINK. THIS ISSUE, SHAHDEE SHARES HER VALUABLE OPINION ON PASSION ARTWORK.

UEM Group celebrated the various Malaysian festivals together with all Malaysians via an advertising campaign that embraced the essence of each festival, while holding true to its commitment to developing intellectual capital and enhancing value.

10 Nov 2004 • The Star • New Straits Times • Malaysia Nanban

13 Nov 2004 • New Straits Times • Utusan Malaysia • Sunday Star • Berita Mingguan

31 Dec 2004 – • The Star1 Jan 2005 • New Straits Times • Utusan Malaysia • Berita Harian • Sin Chew Jit Poh

8 Feb 2005 • New Straits Times • Sin Chew Jit Poh • Nanyang Siang Pau • The Star • China Press

Happy 2005 Malaysia.

UEM WORLD BERHAD (608514-U)

MCOBA Building42 Jalan Syed Putra50460 Kuala LumpurMalaysia

Tel: 603 2718 6868 Fax: 603 2718 6894 www.uemworld.com