2020 UEM Edgenta Annual Report

ONLINE PROCUREMENT SYSTEM In April 2020, we launched the Oracle Procure to Pay (“P2P”) online system and required all vendors to register themselves on the self-service supplier portal which is available on our website. The objective is to ensure enhanced efficiency and transparency of our procurement process. Through the portal, vendors can manage their own profile updates, participate in our Requests for Proposals and tender exercises, manage their contract details, upload, as well as check the status of invoices and payments. Since April 2020, we have processed and approved 1,297 of new applications for vendor registrations on the portal. We conducted periodic training to vendors to assist them in understanding how to utilise the new online portal to manage their business transactions with us. The supplier portal further enhances our procurement governance due to minimal requirements to interact with our procurement team, hence, avoiding any potential collusion and maintaining transparency throughout the entire process. THOUGHT LEADERSHIP & ADVANCING THE INDUSTRY Other than through the development of vendors and suppliers, we seek to contribute to the industries we are in through knowledge sharing and dialogue. Our leadership is regularly called to participate at industry events, at which they provide insights into areas of our expertise. During the year, we were involved in the following thought leadership initiatives: Date Event Topic By 1 Dec The Malaysian Real Estate Investment Trust Forum 2020 by the Malaysian REIT Managers Association and the Asia Pacific Real Estate Association How Technology and Data is Changing the Property Market Syahrunizam Samsudin, MD/CEO, UEM Edgenta 22 Oct E-Nation Virtual Conference by the Malaysian Global Innovation & Creativity Centre Amplifying the Benefits of Healthcare Support Syahrunizam Samsudin, MD/CEO, UEM Edgenta 11 Nov The Institution of Civil Engineers Malaysia virtual session Design and Construction of Merdeka 118 Tower: Pushing the Boundaries of Concrete Technology for Megamall Tower Ir. Dr. Tony Chan, COO of Opus International (M) Berhad and Country Representative of ICE for Malaysia 18 Dec ICE Malaysia Talk Meet the Big Boss: Carbon, Adios! Importance of Achieving Net Zero Carbon for Future Buildings and Infrastructure Ir. Dr. Tony Chan, COO of Opus International (M) Berhad and Country Representative of ICE for Malaysia 2 Dec The #digitalXdata 2020 by The Star Media Group Redesigning Data-Driven Digital Future in 2021 & Beyond Ir. Gandhi Suppiah, former Head of Asset Management, Opus International (M) Berhad UEM EDGENTA BERHAD 170 Sustainability Report SUSTAINABILITY STATEMENT