Section 3 UEM Edgenta Berhad FROM OUR LEADERSHIP 36 MD/CEO’S STATEMENT EoTF2025 – Our Strategic Progress UEM Edgenta’s EoTF2025 strategy has played a pivotal role in shaping our strong performance in 2023. Throughout the year, we have made substantial progress in this strategy, focusing on a transformative approach that is deeply rooted in technological advancements. Our strategy is built around three fundamental pillars, each a cornerstone in guiding our path towards achieving our objectives. PILLAR 1 EXPAND FOOTPRINT AND DEEPEN SOLUTIONS GOAL 12% Revenue Growth per Annum 12% Compounded Annual Growth Rate (“CAGR”) since 2020 Achievement to date: Several initiatives under this pillar have been key to our success in maintaining this growth, including our resilience and ability to capture market opportunities effectively. In 2023, these efforts have seen us secure new contract wins worth RM2 billion, the highest in the post-COVID era. A key strategy in our international expansion strategy has been the expansion and integration of our businesses in high-growth markets. A key initiative was the purchase of a 60% stake in MEEM, one of the KSA’s leading facilities management companies, by Edgenta Arabia Limited (“EAL”). MEEM started to contribute to the Group’s topline during the year and we foresee long-term sustainable growth in the region especially in supporting developments driven by the Saudi Vision 2030. We have also broadened our presence in the UAE through Edgenta International Investments LLC (“EII”)’s 60% acquisition of KAIZEN Group – a pioneer in technology-driven end-to-end property management services. In addition, we strive to enhance our global franchise through strategic partnerships. These partnerships work by complementing our capabilities and extending our market reach. In the Internet of Things (“IoT”) space, we established partnerships with Tadoom, ZainTech and Disrupt-X to expand our technological capabilities to better serve our clients in the Middle East. In Healthcare Support, we entered into partnerships with WAS, First Ambulance and Optima Technic, with the aim to strengthen our position in the healthcare sector and enhance our service delivery. Additionally, to accelerate our involvement in Smart City solutions, partnerships with Watad, ITMax, Sumitomo, and Softbank were established to help us in our efforts to penetrate the urban infrastructure development segment.
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