2024 KEY HIGHLIGHTS
Listed in Fortune Southeast Asia 0 and ranked among the top 10 in Malaysia for facilities management
Achieved international wins that accounted for
79% of new contracts,
totalling RM0billion as of 31 December 2024
Acquired KAIZEN Group,
a premier property
management company
in the UAE
Secured our first hospital contract in KSA at Olayan Long Term Acute Care & Rehab Hospital
Won new contracts through OPUS Energy for renewable energy and energy efficiency projects
Matched new contracts in the first half of 2024 to the RM0 billion total secured in 2023
RM0 billion orderbook and RM0 billion new wins as of December 2024
Furthered our ESG efforts by launching an energy efficiency zero-capex programme and commercialising recycled
asphalt premix (RAP) for
highways and road
maintenance work
Revenue
RM0
million
(2023: RM2,881.0 million)
RM0
million
(2023: RM2,881.0 million)
EBITDA
RM0
million
(2023: RM157.9 million)
RM0
million
(2023: RM157.9 million)
PBT
RM0
million
(2023: RM63.7 million)
RM0
million
(2023: RM63.7 million)
PAT
RM0
million
(2023: RM30.1 million)
RM0
million
(2023: RM30.1 million)
Normalised PAT
RM0
million
(2023: RM31.3 million)
RM0
million
(2023: RM31.3 million)
PATANCI
RM0
million
(2023: RM31.1 million)
RM0
million
(2023: RM31.1 million)
Eearnings per share
RM0
Sen
(2023: 3.7 sen)
RM0
Sen
(2023: 3.7 sen)
Dividend per share
(2023: 2.0 sen)
0
Sen(2023: 2.0 sen)
Shareholders’ Funds
(2023: RM1,619.3 million)
RM0
million(2023: RM1,619.3 million)
Total Assets
(2023: RM2,954.3 million)
RM0
million(2023: RM2,954.3 million)
Net Assets per Share
RM0
(2023: RM1.95)
Gross Gearing Ratio
0x
(2023: 0.30x)
Net Cash Position
(2023: RM152.6 million)
RM0
million(2023: RM152.6 million)
Total Cash, Bank Balances, Deposits & Short Term Investment
(2023: RM642.4 million)
RM0
million(2023: RM642.4 million)
Governance
0
RM0
Number of confirmed
corruption cases0
Economic
0%
Products and Services that
are purchased locally
Environment
0%
reduction of Scope 1 and Scope 2 emissions
Social
0%
of business units obtained ISO 14001:2005 certification
(Environmental Management Systems)
FROM OUR LEADERSHIP
CHAIRMAN’S STATEMENT
DEAR STAKEHOLDER,
FY2024 was a remarkable year for UEM Edgenta. Despite a
challenging business environment, we demonstrated our resilience
and adaptability, balancing strategic expansion with operational
excellence to further our ambition of becoming a global Asset
Management and Infrastructure Solutions company, delivering
long-term value for our stakeholders.
TAN SRI DR. AZMIL KHALID
Independent Non-Executive Chairman
Revenue Growth:
0%
year-on-year
Increase in Profit
After Tax and Zakat:
0%
year-on-year
Edgenta achieved its
RM0 MIILION
cost savings target (FY2021-FY2025)
a year ahead of schedule.
MD/CEO’S STATEMENT
DEAR VALUED STAKEHOLDER,
Our effective cost optimisation programme included business process
excellence and strategic procurement savings which positioned us
competitively in our current markets and provided growth
opportunities in emerging markets.
SYAHRUNIZAM SAMSUDIN
Managing Director/Chief Executive Officer
UEM Edgenta achieved significant milestones across its diverse business portfolio, reinforcing our position asa leading asset management and infrastructure solutions provider.We secured substantial contracts, expanded our international footprint, and demonstrated our commitmentto sustainability and innovation.
CHIEF FINANCIAL OFFICER’S REVIEW
The Group delivered a strong financial performance in FY2024,
with year-on-year (Y-o-Y) growth across most key metrics.
Higher revenue, profitability, and cash flows reflect our disciplined
execution, operational resilience, and ability to navigate a dynamic
business landscape.
AHMAD FAZRIL FAUZI
Chief Financial Officer
Earning per Share
0
sen
(2023: 3.7 sen)
Dividend per Share
0
sen
(2023: 2.0 sen)
Total Assets
RM0
billion
(2023: RM2.95 billion)
Net Assets per Share
RM0
(2023: RM1.95)
Net Cash Position
RM0
million
(2023: RM152.6 million)
Gross Gearing Ratio
0x
(2023: 0.30x)
VALUE CREATION BUSINESS MODEL
Supported by our Core Values
SUSTAINABILITY AT UEM EDGENTA
At UEM Edgenta, sustainability is a fundamental aspect of our operations and solutions.
Guided by UEM Edgenta’s Sustainability Framework, we focus on three core
pillars—Sustainable Economic Growth, Minimising Environmental Impact, and Social Value
Creation—alongside robust sustainability governance and 11 material matters defined in
2022. These material matters are reviewed annually to ensure their continued relevance,
reinforcing our commitment to responsible and transparent sustainability practices.
INPUTS
FINANCIAL
The pool of funds available to us to achieve our strategic objectives and capitalise on growth opportunities. This includes debt, retained earnings, and equity funding.
- Shareholders' funds: RM1.62 billion
- Cash, bank balances, deposits and short-term investments: RM6424 million
- Net cash position: RM152.6 million
- Total assets: RM295 billion
PLANTS AND MACHINERIES
The physical assets used in the creation of our products and provision of services, including buildings, machinery, infrastructure, and equipment.
- Over l,OOO units of cleaning machineries
- One (l) incinerator plant for clinical waste treatment
- Two (2) laundry plants for processing soiled linen and supplying clean linen
- One (l) Asphalt Plant with Recycling Facility
- Pevolutionised traffic management plans and emergency works with 3 units of Truck Mounted Attenuator (TMA)
- 6 major machineries for each Pavement Team (11 competent in-house Pavement Teams)
SOCIAL AND RELATIONSHIP
The relationships and networks that we develop with our stakeholders, deepening trust and creating shared value.
- Regular media interviews by leadership
- Active engagement with stakeholders
- 1,275 volunteering hours in various corporate responsibility programmes
- 17 community projects
- Supplier Financing Programme to assist vendor cashflow
- Vendor Development Programme to improve vendor competitiveness
INTELLECTUAL
Our technologies, expertise, organisational knowledge, and other intangible assets that drive innovation and our competitive advantage.
- UETrackTM to enhance primary healthcare support services
- RAMS enables remote monitoring and management of roads
- Asseto - next-generation built environment platform designed to integrate asset intelligence, sustainability, and automation
- Pavement Research Centre (PRC) to support growth strategy and sustainability agenda
HUMAN
The experience, skills, and dedication of our workforce, which are key to creating long-term, sustainable growth
- More than 17,000 employees across 6 countries
- 51% female employees
- Workforce comprised of so nationalities
- More than RM7.7 million investment in training
- 86% local hire
NATURAL
Our renewable and non-renewable environmental resources - such as water, air, and land - that we strive to use efficiently and responsibly.
- Launched UEM Edgenta's Net Zero Targets to achieve net zero GHG emissions by 2050
- One (1) Aslohalt Plant with Recycling Facility
- Installed solar panels on the roof of Menara UEM
- Sustainability solutions offered to clients
- Various water management initiatives in collaboration with PLUS
OUTCOMES
FINANCIAL
- Revenue: RM3.05 billion
- RM8.7 billion order book
- New contracts secured: RM2.8 billion
- Shareholders funds: RM1.61 billion
- 4.0 sen dividend per share single-tier interim dividend
- Net assets per share: RM1.93
PLANTS AND MACHINERIES
- Process over 11 million tonnes of soiled linen annually
- Incinerate more than 6,000 metric tonnes of clinical waste annually
- Approximately 1,000 km of highways covered by TMA
- Lays over 400 km of pavement each year
SOCIAL AND RELATIONSHIP
- Customer Satisfaction Score of 91%
- Projects and community engagements impacted 2,773 underserved communities
- >2,000 suppliers enrolled in VDP programme
INTELLECTUAL
- 4 billion worth of tech-enabled wins since 2021 from platforms such as Asseto, RAMS and UETrackTM
- Approximately 1,000km of roads managed with RAMS
HUMAN
- 100 Employee Engagement Initiatives carried out
- Total training hours: 332,644
- Employee voluntary turnover rate: 28.7%
- Lost time incident rate: 0.16
NATURAL
- Scope 1 emissions: 9,220.88 tCo2e
- Scope 2 emssions: 7,910.55
- Scope 3 emissions: 1,537,70* (*business travel and employee commuting)
- 20 buildings received GBI and LEED accreditations
- RM17.19 million total annual energy cost savings for clients through our EPC projects
Outputs
Healthcare Solutions
- Preserve the lifespan of more than 43,000 BEMS assets worth over RM1.7 billion
- Manage and maintain more than RM1.5 billion worth of FEMS assets
- Upkeep the cleanliness of over 1.6 million m2 of facilities area daily
Property and Facility Solutions
- Provide facility management services at over 500 buildings and facilities in Malaysia & UAE
- Saved a total of 458.9 Mwh per annum in eletricity
Infrastructure Services
- Manage over RM10 billion worth of infrastructure assets
- RAMS bringing over 1,000 km of expressway and state road assets online
- More than 9,000 km of expressways and roads managed in Malaysia
Asset Consultancy
- Over RM100 billion value of project delivered through OPUS Consultants
- Up to 52% reduction in eletricity consumption through our Energy Efficiency Solutions
Technology and Innovation
- Assets - Over 36,000 assets under management in 30 buildings
Waste and Emissions
- 2,019 tonnes of waste generated, with more than 50% diverted away from landfill
Actions to Enhance Outcomes
FINANCIAL
- Expanded our IFM healthcare and commercial businesses in Malaysia, Singapore and Taiwan with more than RMl5 million new and renewed contracts.
- Strengthened our presence in Peninsular Malaysia through securing contracts in new states.
- Secured sustainability solutions contracts worth over RM15O million in EPC value.
PLANTS AND MACHINERIES
- Acquisition of KAIZEN Group to enhance our value proposition in the Middle East.
- Continuous investment in upgrading legacy plants and machineries.
SOCIAL AND RELATIONSHIP
- Enhanced healthcare at government and private hospitals.
- Safe and well maintained expressways state reads, and smart buildings
- Incorporated Health, Safety and Environment system and control in every project.
- Supported client technology and sustainability agendas through our solutions
INTELLECTUAL
- Continuously introduced new, technologically-driven products to the market.
- Drove new sustainability solutions to support the ESG agenda.
HUMAN
- Nurtured a high performing workforce committed to excellence in service and solution delivery.
- Cultivated a positive working environment through engagement and wellbeing initiatives, supporting work-life integration through Flexible WorkArrangements
NATURAL
- Implemented sustainability initiatives throughout the organisation in line with our Net Zero targets.
- Developed and com mercialised sustainability technologies.
TRADE-OFFS
FINANCIAL
Our Financial Capital is used to invest in technologies, strategic acquisitions, and fixed assets. Our short-term finances are thus eroded, but this helps other capitals grow in the long run. We minimise the negative impact through careful cost control and vendor management.
PLANTS AND MACHINERIES
Our Plants and Machineries Capital is reinforced by Financial Capital, which is depleted over the short-term. However, Financial Capital will see a medium to long-term return on investment as our plants and machineries are used for lorofit-generating activities.
SOCIAL AND RELATIONSHIP
Our stakeholder engagement programmes necessitate the short-term depletion of our Financial Capital. However, this investment not only enhances our Social and Relationship Capital but also boosts our Intellectual Capital through Prand reputation.
INTELLECTUAL
Investment in new technologies will entail a short-term reduction in our Financial Capital. On the other hand, our long-term Financial Capital will be increased as these technologies boost our revenue and operational efficiency.
HUMAN
Our Financial Capital is used to invest in technologies, strategic acquisitions, and fixed assets. Our short-term finances are thus eroded, but this helps other capitals grow in the long run. We minimise the negative impact through careful cost control and vendor management.
NATURAL
The focus of our Natural Capital is on reducing environmental impact, specifically through lowering Scope 1 and Scope 2 emissions. This involves initial investments in cleaner technologies, energy efficiency, and sustainable practices, which may increase short-term operational costs and reduce profitability. However, these efforts lead to long-term benefits such as resource conservation, regulatory compliance, and improved brand reputation. We manage the trade-off by optimising processes, prioritising innovation, and collaborating with stakeholders for sustainable, value-driven outcomes.