KUALA LUMPUR, 25 May 2017 – UEM Edgenta Berhad (“UEM Edgenta” or “Company”) has re-organised its corporate structure and streamlined its services to three core offerings across four key sectors to optimally leverage on Company-wide capabilities, resources and to further create greater cross-functional efficiencies.
UEM Edgenta’s three core offerings are Consultancy which spans across, engineering design and consultancy, property and community consultancy, procurement and construction planning and management; Services where it provides integrated facilities management and engineering contracting services for a range of infrastructure assets and building types; and Solutions for the built environment, such as energy savings solutions, pavement solutions, geotechnical solutions, structural solutions and environmental solutions.
The above offerings are provided across the Company’s four key sectors i.e. Healthcare, Infrastructure, Real Estate and Water (see details attached).
“The realignment is part of our effort to further showcase that we are a ‘Total Asset Solutions’ company, provide greater clarity especially to our current and potential customers of our true expertise and end-to-end services thus further enhancing our value to them,” said Azmir Merican, Managing Director/Chief Executive Officer of UEM Edgenta at a press conference held after the Company’s 54th Annual General Meeting.
On the Company’s 2017 outlook and plans for each of its four key sectors, Azmir said that with the Healthcare Sector, UEM Edgenta will expand its healthcare business and drive cost efficiencies via new technology application. It will continue to focus its operations in Malaysia, Singapore and Taiwan in the healthcare market as potential for growth in all three countries are bright with ample opportunities for cross-selling, insourcing value added services and providing more non-clinical healthcare support services. Page 2 of 3
With regards to the Company’s Infrastructure Sector, it will among others work towards implementing a new contracting and service delivery model approach to road and highway maintenance, one that will bring greater benefits to not just project owners but also contractors and road users.
“Under the new contracting approach, our fees will be linked to performance thus guaranteeing our customers a certain level of service and maintenance standards while providing contractors the flexibility to achieve those outcomes hence motivating the use of more efficient and cost-effective methods.
“We plan to develop our business in Indonesia via our local subsidiary PT Edgenta Propel, an entity that is currently maintaining the Cikampek-Palimanan toll road in West Java. Moving forward, PT Edgenta Propel will provide management consultancy and advisory services related to management of roads and toll roads,” said Azmir.
For 2017, UEM Edgenta will also be ramping up service offerings and capabilities of its Real Estate Sector, particularly Township Management Services, which at present is managing 20 residential and commercial buildings in Iskandar Puteri, Johor.
“We’re currently developing lower cost, offsite and process driven management solutions particularly for mid-range townships and we’re aiming to take this service and our solutions beyond the Iskandar region.”
Water Sector is the fourth key area and the Company via the technical capabilities of its subsidiary Opus International Consultants Ltd. will focus on expanding its wastewater and asset management practices. At present, it provides collaborative design and advisory services for wastewater, storm water and water treatment projects for urban and rural environments.
According to Azmir, to gain efficiency across its operations, UEM Edgenta will continue to use technology enablers, develop smart solutions and make full use of the Company’s Command and Contact Centre (CnC), a centralised monitoring facility that track assets in real time and a centre for data intelligence as well as analytics for Internet of Things (IoT) and Ambient Intelligence.
“With CnC, we are able to offer our customers reduced redundancies and operational expenditure as automation and remote controlling eliminates the need for much routine preventive maintenance; fewer breakdown in equipment which leads to longer asset lifecycle; and the ability to remotely track performance of energy in a building. Page 3 of 3
UEM Edgenta have also formed a partnership with Microsoft Malaysia (Microsoft) to further develop its Smart Facilities Management Solution based on Microsoft’s Azure IoT Hub and Machine Learning which is set to transform the Company’s business model, products and service delivery.
UEM Edgenta, recorded a strong financial start to 2017 with revenue increased by RM117.2 million or 18.0% to RM769.0 million and Profit Before Tax improved by RM20.7 million or 78.0% to RM47.2 million in the Q1 2017 compared to corresponding quarter 2016.
“We are very clear in what we have to do and where we’re headed. While the global economy has yet to pick up significantly this year, the four sectors we’re focusing on are those deemed resilient. We’re optimistic we are able to continue deliver positive results this year,” added Azmir.
PIX 1: (L-R) Azmir Merican, MD/CEO of UEM Edgenta Berhad and it’s chairman Amir Hamzah Azizan reviewing the Company’s 2016 annual report at the post 54th AGM press conference.
PIX 2: (L-R) Azmir Merican, MD/CEO of UEM Edgenta Berhad and it’s chairman Amir Hamzah Azizan during the the Company’s post 54th AGM press conference.