Kimlun Corporation Berhad Annual Report 2019

Annual Report 2019 Kimlun Corporation Berhad MANAGEMENT DISCUSSION AND ANALYSIS Property Development Projects Location / Gross Type of Land Usage / Land Area Development Value (RM) Planned Development Completed Project Hyve at Cyberjaya, Selangor / 232 million Freehold enterprise land / a combination of 804 units of 4.95 acres SOHO and offices Taman Puteri @ Pekan Nenas, 48 million Freehold residential land / 131 units of various types of Johor / 6 acres landed properties Land Bank Seksyen U10 Shah Alam / # 88 plots of leasehold (expiring in 2103) vacant detached 20.11 acres lots/ bungalow development Medini Iskandar Malaysia, Johor / # 2 leases on freehold commercial land expiring in 2113 5.31 acres and 2116 respectively/ a combination of SOHO and retail properties Kota Tinggi, Johor / 140.84 acres # Freehold agriculture land/ township development Within Iskandar Puteri, # Freehold agriculture land/ commercial development Iskandar Malaysia, Johor / 29 acres Within a matured township, Taman Sri # Freehold commercial land/ commercial development Pulai Perdana, approximately 24km from Johor Bahru city centre / 5.15 acres Within Mukim of Plentong, Johor Bahru, # 60 freehold semi-detached building lots / semi-detached Johor / 5.31 acres houses development Within Mukim of Plentong, Johor Bahru, # Freehold land / service apartment development Johor / 7.98 acres # The gross development value cannot be ascertained as the development details have yet to be finalised Diversified Clientele 17 Private Sector • IOI Properties Bhd • Mah Sing Group Bhd • IJM Land Bhd • WCT Construction Sdn Bhd • MMC Gamuda KVMRT (UGW) Joint Venture • Sunway Construction Sdn Bhd Government and Government Link Companies • Mass Rapid Transit Corporation Sdn. Bhd. • UEM Sunrise Land Bhd • SP Setia Bhd • Sime Darby Bhd International Contractors • Shimizu Corporation • Shanghai Tunnel Engineering Ltd • SK Engineering & Construction • Nishimatsu Construction Co. Ltd. • M+W Singapore Ptd Ltd We are not materially dependent on any single customer for business. We have been securing projects from different clients. Our diversified clientele include: (cont’d)