INTEGRATED ANNUAL REPORT 2021
Full Integrated Annual Report PDF

Click here for 49th Annual General Meeting details

Full Integrated Annual Report PDF

Click here for 49th Annual General Meeting details

Operations Review

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Download to read the full Operations Review
Download to read the full Operations Review

  • PROPERTY DEVELOPMENT

    The Property Development segment has approximately 15,400 acres of land bank, with a potential GDV of RM104.4 billion, located mainly in the Klang Valley, as well as in Negeri Sembilan and Johor. Our core offerings include landed-residential and high-rise products, as well as industrial-themed developments.

    KEY BUSINESS HIGHLIGHTS

    New residential launches Elmina Green 5, City of Elmina; Lyra, Bandar Bukit Raja; Serenia Aiora, Serenia City; Dayana 1 & 2, Nilai Impian; and Maya Ara Residences, Ara Damansara — registered good take-up rates of more than 85%

    Industrial and Entrepreneurship Park at the Pagoh Special Economic Zone with an estimated GDV of RM1.1 billion in the next five to seven years

  • INVESTMENT & ASSET MANAGEMENT

    Our Investment & Asset Management segment manages the Group’s retail, office, and industrial assets in the Klang Valley, as well as in Singapore and the United Kingdom. Through concession arrangements, the business also provides asset management services for the Pagoh Education Hub, which houses four (4) higher educational institutions in Johor.

    KEY BUSINESS HIGHLIGHTS

    Sime Darby Property formed a 51:49 JV with LOGOS Property in September 2021

    The segment commanded an NLA of about 5.4 million sq. ft.

    100% occupancy rate for key commercial assets

  • LEISURE

    Our Leisure segment, owns and manages four (4) properties in Malaysia. These assets include the prestigious Kuala Lumpur Golf & Country Club; the five-storey multi-purpose convention and business centre, Sime Darby Convention Centre; the Impian Golf & Country Club in Kajang; and the Bayuemas Sports and Events Complex in Klang.

    KEY BUSINESS HIGHLIGHTS

    Kuala Lumpur Golf & Country Club

    • Return of the iconic KLGCC brand
      in conjunction with the institution’s 30th anniversary, creating a synergy between the Club and the KLGCC Resort
    • Consolidated operations with SDCC
      to leverage on the facility’s logistics mainly for events and catering services
    • Digitalised club systems with a mobile application that allows Members to book golf sessions and order F&B online. Increased the efficiency of the back-end office system with digitalised workflows
    • KLGCC’s West Course ranked #21 by Golf Travel Magazine in its Top 100 Golf Courses in Asia 2021
    • Clean Energy Ministerial
      2021 Energy Management Awards of Excellence

    Sime Darby Convention Centre

    • Hosted Ramadan Buffet for 24 days during the MCO, with over 5,000 patrons
    • Rented out space as a COVID-19 vaccination venue

    Impian Golf & Country Club

    • Ventured into becoming a landscape maintenance contractor

    Bayuemas Sports and Events Complex

    • Focused on cost-containment initiatives to boost bottom-line performance

How We Added Value in 2021

A ‘Force for Good’