Integrated Annual Report 2023 2 3 4 5 6 7 8 9 1 63 EDGENTA OF THE FUTURE 2025 (EoTF2025) (2020-2025) GENERATING SAVINGS • Continuous procurement initiatives to leverage on bulk purchasing to achieve substantial cost reductions. “Spend Refresh” programme to identify significant improvement opportunities in procurement spend • LEAN programme continues to identify cost saving opportunities through digitalisation, mechanisation and automation initiatives • The Strategic Vendor Management Programme supports SMEs and MSMEs while ensuring service excellence, enhancing delivery schedules and achieving cost efficiencies through rate reductions and sourcing efficiencies • The establishment of the Treasury Management Centre (“TMC”) serves as an in-house bank to pool funds to ensure efficient capital deployment at optimal cost The building of a global IFM franchise through technology and sustainability solutions is a key component of our EoTF2025 vision. To achieve this, we are focusing on: Productising tech solutions Transforming service delivery through technology, our strategy elevates UEM Edgenta into a frontrunner in delivering cutting-edge, productised tech solutions that redefine asset and facilities management Driving sustainability solutions Our relentless pursuit of sustainability solutions anchors our vision, setting new standards in ecoefficient practices across industries and reinforcing our commitment to a greener future Driving operational efficiency By revolutionising client operations with digitalisation, data analytics and IoT integration, we unlock unparalleled operational efficiency, showcasing our capability in steering industries toward intelligent, sustainable growth Enhancing our IFM franchise in international markets Expanding our IFM franchise globally reflects our strategic expertise, showcasing our prowess in melding technology and sustainability to reshape facilities management across international markets CREATING VALUE THROUGH DIVERSIFICATION • Investment into advanced pavement machinery by Infrastructure division allowing for more complex projects to be completed with greater precision and efficiency • The Hot Premix Plant with Recycling Facility recycles milling waste into Recycled Asphalt Pavement (“RAP”) to reduce consumption of raw materials • Opus is the sole Asset Management Consultant in Southeast Asia that is able to utilise dTIMS to optimise performance and cost effectiveness through comprehensive asset whole-life cycle analytics, planning and management • Infrastructure Services: - Boost our capabilities to create longterm growth especially in tech solutions by partnering with Tadoom, ZainTech and Disrupt-X, enabling us to venture into smart city opportunities in the Middle East EXPANDING INTO NEW BUSINESS • UEM Edgenta launched Opus End-to-End Sustainability Solutions, marking Opus Consultants foray into energy efficiency and sustainable asset management • Launched RM200 million Sustainable Zero-Capex Programme for Sarawak and Peninsular Malaysia • UEM Edgenta signed three MOBEs with partners, Earth Finance Inc., Honeywell International Sdn. Bhd. and Yinson Green Technologies to provide greater sustainable solutions and green financing • Opus Consultants secured its first project through partnership in Sarawak - Independent Consulting Engineer (“ICE”) services for Jalan Sultan Tengah (Damai Masterplan) • Infrastructure Services division strengthened its presence in Peninsular Malaysia through the continuation of the Selangor State Road (Zone 2) concession and securing contracts in new state INTERNATIONAL GROWTH • Acquired KAIZEN Group to integrate with UEM Edgenta’s existing presence in the UAE facility management segment • Acquisition of MEEM, one of the KSA’s leading facilities management companies, began to contribute to the Group’s topline in 2023 • Attained major healthcare contracts such as the Woodlands Health Campus contract in Singapore and six new ones in Taiwan • Secured high-profile IFM contracts including INSEAD in Singapore and penetrated the Facility Engineering Services (“FES”) sector in Taiwan • Integrated Property Management/FM - Capability acquired through KAIZEN Group acquisition in the UAE - New market expansion into the KSA aims to futher expand our footprint in the Middle East region • Sustainability Solutions: - Property & Facility Solutions division offered value-add ESG and Sustainability Services to existing FM contracts in Malaysia - 20 Green Building Certifications completed in 2023 - National Energy Award 2023 - Hospital Sultanah Maliha-Merit: Retrofitted Building BUSINESS GROWTH STRATEGY • Operationalised Sarawak Regional Office to intensify business development and local capacity building, leveraging partnership with a subsidiary of Sarawak Economic Development Corporation (“SEDC”) ENHANCING CAPABILITIES AND TECHNOLOGY SOLUTIONS • Healthcare Support (Singapore): - Enhanced UETrack™ capabilities through partnerships with technology companies: Taitung System Technologies, Digile, SustainEdge and Evercomm - Integrated six new cleaning robots in hospitals in Singapore to increase efficiency • Healthcare Support (Malaysia): - Began using AI and robotics to improve cleaning services and efficiency as well as reducing environmental impact at three government hospitals in the northern region of Peninsular Malaysia
RkJQdWJsaXNoZXIy NDgzMzc=