'Soccerstar' 2011 - Boustead Holdings Berhad
'Soccerstar' 2011 - Boustead Holdings Berhad 'Soccerstar' 2011 - Boustead Holdings Berhad
Boustead holds Annual General Meeting - pg 3 Group Internal Audit - Bandung Retreat 2011 - pg 10 Group Legal Services, Corporate Planning, Risk Management & Boustead REIT Managers Teambuilding in Bangkok - pg 11 Back to the 70s at The Royale Bintang The Curve - pg 14 eritaBoustead April - June 2011 Boustead participates in GLC Open Day 2011 - pg 8 & 9 For internal circulation only
- Page 2: Dear fellow Bousteadians, Reaching
- Page 6: Qualifications: • Associate membe
- Page 10: 10 11 A Group Internal Audit - Band
- Page 14: 1 1 1 Back to the 70s at The Royale
<strong>Boustead</strong> holds<br />
Annual General Meeting<br />
- pg 3<br />
Group Internal Audit -<br />
Bandung Retreat <strong>2011</strong><br />
- pg 10<br />
Group Legal Services,<br />
Corporate Planning,<br />
Risk Management &<br />
<strong>Boustead</strong> REIT Managers<br />
Teambuilding in Bangkok<br />
- pg 11<br />
Back to the 70s at<br />
The Royale Bintang<br />
The Curve<br />
- pg 14<br />
erita<strong>Boustead</strong><br />
April - June <strong>2011</strong><br />
<strong>Boustead</strong> participates in<br />
GLC Open Day <strong>2011</strong><br />
- pg 8 & 9<br />
For internal circulation only
Dear fellow <strong>Boustead</strong>ians,<br />
Reaching the halfway mark of the financial year <strong>2011</strong> has<br />
been both encouraging and eventful for the Group.<br />
I am particularly pleased to note that your Group has<br />
registered a strong profit after tax of RM134 million for the<br />
first quarter of this financial year, marking a 29% jump on<br />
a year-on-year basis. These results are a clear affirmation<br />
of your Group’s strength and commitment in delivering on<br />
the bottomline and enhancing shareholder value.<br />
The month of March marked a significant milestone<br />
for the Group with the completion of the Pharmaniaga<br />
<strong>Berhad</strong> acquisition. We are looking forward to positive and<br />
sustained contributions from our Pharmaceutical Division<br />
with the completion of this acquisition. I am confident all<br />
subsidiaries and departments across the Group will support<br />
this new listed subsidiary to achieve the aspirations of the<br />
Group.<br />
The <strong>Boustead</strong> Group, being a leading public limited<br />
company under the stable of companies of Lembaga<br />
Tabung Angkatan Tentera was also involved in the GLC<br />
Open Day which was a major exercise undertaken by all<br />
GLCs in Malaysia to communicate to Malaysians and the<br />
public at large on the value proposition that the GLCs bring<br />
to the Malaysian economy. It was indeed a very positive<br />
event and we are glad to be part of this significant effort<br />
to help Malaysians understand the role that GLCs play in<br />
the economy.<br />
As we look towards the remaining quarters of the year,<br />
I trust all <strong>Boustead</strong>ians will work extra hard in order to<br />
ensure that your Group remains successful and achieves<br />
its goals this coming year.<br />
As Ramadan is fast approaching, I take this opportunity to<br />
wish all our Muslim friends a happy fasting. May this year’s<br />
Ramadan be a better one for us all.<br />
Thank you.<br />
Tan Sri Dato' Lodin Wok Kamaruddin<br />
Deputy Chairman/<br />
Group Managing Director's message<br />
Perutusan Timbalan Pengerusi/<br />
Pengarah Urusan Kumpulan<br />
Staf <strong>Boustead</strong> yang dihargai,<br />
Perjalanan Kumpulan menuju pertengahan tahun<br />
kewangan <strong>2011</strong> adalah menggalakkan dan penuh dengan<br />
pelbagai peristiwa.<br />
Dengan sukacitanya, saya ingin memaklumkan bahawa<br />
Kumpulan telah mencatatkan keuntungan selepas cukai<br />
yang kukuh sebanyak RM134 juta bagi suku pertama tahun<br />
kewangan ini, iaitu peningkatan sebanyak 29% berasaskan<br />
tahun atas tahun. Keputusan ini jelas mengesahkan<br />
kekuatan dan komitmen Kumpulan untuk memperoleh<br />
keuntungan dan meningkatkan nilai pemegang saham.<br />
Kumpulan mencatatkan satu lagi peristiwa penting<br />
pada bulan Mac dengan selesainya pengambilalihan<br />
Pharmaniaga <strong>Berhad</strong>. Kami mengharapkan sumbangan<br />
yang positif dan berterusan dari Bahagian Farmaseutikal<br />
dengan selesainya pengambilalihan ini. Saya yakin semua<br />
anak syarikat dan jabatan di seluruh Kumpulan akan<br />
menyokong anak syarikat yang baru disenaraikan ini untuk<br />
mencapai aspirasi Kumpulan.<br />
Sebagai sebuah syarikat awam terkemuka dan kukuh di<br />
bawah Lembaga Tabung Angkatan Tentera, Kumpulan<br />
<strong>Boustead</strong> juga terlibat dalam Hari Terbuka GLC, iaitu satu<br />
usaha besar yang melibatkan semua Syarikat Berkaitan<br />
Kerajaan (GLC) di Malaysia untuk memberi pendedahan<br />
yang lebih dekat lagi kepada rakyat Malaysia dan<br />
masyarakat secara amnya tentang peranan yang dimainkan<br />
oleh GLC dalam menyumbang kepada pembangunan<br />
ekonomi negara.<br />
Dalam kita mengharungi baki suku tahun selebihnya,<br />
saya percaya semua staf <strong>Boustead</strong> akan bekerja dengan<br />
lebih kuat lagi agar Kumpulan kita sentiasa berjaya dan<br />
mencapai matlamatnya pada tahun berikutnya.<br />
Memandangkan bulan Ramadan akan tiba tidak lama<br />
lagi, saya mengambil kesempatan ini untuk mengucapkan<br />
selamat berpuasa kepada semua rakan umat Islam kita.<br />
Semoga Ramadan pada tahun ini lebih bermakna buat kita<br />
semua.<br />
Terima kasih.<br />
Tan Sri Dato’ Lodin Wok Kamaruddin<br />
A shareholder posing a question to the Board Members<br />
<strong>Boustead</strong> holds<br />
Annual General Meeting<br />
<strong>Boustead</strong> <strong>Holdings</strong> <strong>Berhad</strong>'s 49th Annual General Meeting (AGM)<br />
was held on 7 April <strong>2011</strong> at the Menara <strong>Boustead</strong>’s 4th Floor<br />
Conference Room.<br />
All resolutions put forward were passed by the shareholders during the<br />
AGM. These resolutions include amongst others, receiving and adopting<br />
the audited financial statements of the <strong>Boustead</strong> Group for the year<br />
ended 31 December 2010 and re-appointing Directors of the Company.<br />
The meeting concluded with a press conference.<br />
Another milestone achievement by MHS Aviation<br />
It was a proud moment and a feather in the<br />
cap for MHS Aviation <strong>Berhad</strong> on 28 April<br />
<strong>2011</strong>, when the company was presented<br />
with the Gold Award by ExxonMobil<br />
for `Hurt-Free Operations’ exceeding<br />
100,000 man-hours, cumulative for<br />
the last three years for its Kerteh<br />
operations. This safety recognition<br />
by ExxonMobil is another milestone<br />
achievement for MHS Aviation.<br />
Leading the helicopter operations for<br />
oil and gas services in Malaysia, and<br />
recognised by international helicopter<br />
operators, manufacturers and<br />
Original Equipment Manufacturers<br />
(OEMs) for our safety achievements,<br />
this award is an addition to the numerous local and<br />
international awards achieved throughout its 27 years of<br />
operations, both in the domestic and international arena.<br />
Incidentally, during the period of review by ExxonMobil<br />
for this award, MHS Aviation achieved the ‘CHAMPION’<br />
award from Petronas Carigali for its Peninsular Malaysia<br />
Operations (PMO) Contractors’ HSE Award in 2009.<br />
MHS Aviation’s Safety Management System (SMS) is<br />
premised on a solid foundation with the following eight<br />
building blocks:<br />
1. Senior management’s commitment in safety<br />
management.<br />
2. Effective safety reporting.<br />
3. Continuous monitoring through safety data collection<br />
system on hazards during normal operations.<br />
4. Investigation of safety occurrences with the objective<br />
of identifying systemic safety deficiencies rather than<br />
assigning blame.<br />
5. Sharing safety lessons learned and best practices<br />
through an active exchange of safety information.<br />
6. Integration of safety training for operations personnel.<br />
7. Effective implementation of Standard Operating<br />
Procedures (SOPs).<br />
8. Continuous improvement of the overall safety levels.<br />
With these SMS building blocks actively pursued on a daily<br />
basis and with the desire as well as determination to<br />
strive for continuous improvement, MHS Aviation shall<br />
endeavour to maintain, if not, better its safety statistics to<br />
continue as a leading provider of helicopter and fixed wing<br />
charter services in Malaysia.
Phase 2L<br />
Sales Launch – Phase 2L<br />
Mutiara Rini Johor recently launched<br />
12 double storey semi-detached units<br />
in its Phase 2L. The sales launch was<br />
held on 23 April <strong>2011</strong> at Mutiara Rini<br />
Sales Office. A total of 55 registrants<br />
were invited exclusively for the sales<br />
launch.<br />
These semi-detached houses offer a lot<br />
size of 45’ x 115’/144’. Built-up areas<br />
vary from the minimum size of 3,063<br />
sq. ft. to the largest of 3,690 sq. ft.<br />
Selling price starts from RM497,000.00.<br />
Each house has five bedrooms and four<br />
bathrooms with the master bedroom<br />
located on the first floor. Another<br />
family hall on the first floor exudes<br />
comfort and convenience for a modern<br />
lifestyle.<br />
Four units were taken up during the<br />
sales launch and customers were quite<br />
The Heads of Department & Executives Brainstorming<br />
Session for <strong>Boustead</strong> Curve Sdn. Bhd. and Damansara<br />
Entertainment Centre Sdn. Bhd. (DEC) was held<br />
from 22 - 24 April <strong>2011</strong> at Hyatt Regency Kuantan. It was<br />
attended by nine Heads of Department and 15 selected<br />
executives from both companies.<br />
The session began with a talk on Transformational<br />
Leadership by Y.Bhg. Laksamana Tan Sri Dato’ Sri Mohd<br />
Anwar Hj. Mohd Nor (R), Chairman of Lembaga Tabung<br />
Angkatan Tentera. This was followed by a discussion led<br />
by Y.Bhg. Dato’ Ghazali Mohd Ali, Director of <strong>Boustead</strong><br />
Curve.<br />
The brainstorming session resumed the next day<br />
where participants discussed the SWOT (Strengths,<br />
Weaknesses, Opportunities and Threats) analysis<br />
of the two malls (the Curve and e@Curve) and the<br />
departmental Key Performance Index (KPI). The session<br />
Phase 2G3<br />
Mutiara Rini Sales Launch<br />
impressed with the design which they<br />
described as simple and practical.<br />
Sales Launch – Phase 2G3<br />
The most awaited Phase 2G3 at Rini<br />
Hills was successfully launched on<br />
21 & 22 May <strong>2011</strong> at Mutiara Rini Sales<br />
Office with a total of 87 units up for sale.<br />
These exclusive 24’ x 75’ double storey<br />
terrace houses with selling price that<br />
starts from RM328,000.00 and built-<br />
Sales launching of Phase 2G3<br />
Phase 2G3<br />
up area of 2,071 sq. ft. are perfectly<br />
accompanied by excellent location that<br />
sits on prime acres of Rini Hills.<br />
These houses come in three different<br />
designs, each design offering a<br />
contemporary facade and spacious<br />
interior to enhance modern living. Each<br />
house is complete with stylish and<br />
outstanding features.<br />
The response was overwhelming and<br />
unbelievable, more so when some<br />
customers were willing to queue to<br />
buy the house a day before the sales<br />
launch.<br />
A total of 61 non-bumiputra units were<br />
taken up during the two-day sales<br />
launch. MR50 and MR38 were the most<br />
preferred design compared to MR68.<br />
However, the most expensive units of<br />
MR68, with a price tag of RM545,000.00<br />
were sold within two hours on the first<br />
day of the sales launch.<br />
<strong>Boustead</strong> Curve and DEC hold Heads of Department<br />
& Executives Brainstorming Session<br />
ended late Saturday evening whereby participants left for Kuala<br />
Lumpur after breakfast the next day.<br />
A group photo with Tan Sri Anwar and Dato' Ghazali<br />
30<br />
March<br />
30<br />
March<br />
22<br />
April<br />
The Royale Bintang news <strong>2011</strong><br />
The Royale Chulan Kuala Lumpur's Staff<br />
Annual Dinner <strong>2011</strong>, themed 'International<br />
Night' was held at the Tamingsari Ballroom.<br />
Assistant Guest Services Manager, Ms.<br />
Selvi Tan won the coveted 'Employee of<br />
the Year' award at The Royale Chulan<br />
Kuala Lumpur's Staff Annual Dinner <strong>2011</strong>.<br />
Institut Kelautan Malaysia (IKMAL) organised its Silver<br />
Jubilee Gala Dinner at The Royale Chulan Kuala Lumpur.<br />
The guests of honour were Y.A.Bhg. Tun Dr. Mahathir<br />
Mohamad, Y.A.Bhg. Tun Dr. Siti Hasmah Mohd Ali,<br />
IKMAL's President, Capt. Hj. Tasripin Masotee and<br />
Vice President, Y.Bhg. Dato’ Ir. Abdul Hak Amin.<br />
27<br />
April<br />
The Royale Chulan<br />
Kuala Lumpur<br />
feted secretaries<br />
and bosses alike at<br />
Secretaries Week<br />
Luncheon, featuring<br />
the legendary<br />
Indonesian singersongwriter<br />
Bob<br />
Tutupoli (most<br />
famous for the<br />
‘Widuri’ song).<br />
8<br />
May<br />
8<br />
May<br />
9<br />
May<br />
16<br />
May<br />
Proud mums presented their cakes<br />
decorating skills at The Royale Bintang Kuala<br />
Lumpur’s annual Mother’s Day Hi-Tea.<br />
Chef Suresh lent some tips to a participant of<br />
The Royale Bintang Resort & Spa Seremban’s<br />
'Mother-Daughter Cake Making Competition.'<br />
Famous<br />
Indonesian band<br />
D’lloyd came<br />
to perform an<br />
outstanding set<br />
for guests of<br />
The Heritage<br />
Lounge, The<br />
Royale Chulan<br />
Kuala Lumpur.<br />
The Royale<br />
Bintang Kuala<br />
Lumpur launched<br />
a 'Washing<br />
Hand Campaign'<br />
initiative to instill<br />
good hygiene<br />
practices for<br />
all hotel staff<br />
members.
Qualifications:<br />
• Associate member of the Institute of Chartered Accountants<br />
in England & Wales (ICAEW)<br />
• First-class Honours Bachelor of Economics in Accounting &<br />
Finance from the University of Manchester<br />
Date Joined <strong>Boustead</strong>:<br />
• 1 August 2007<br />
Current Position:<br />
• Finance & Administration Manager,<br />
<strong>Boustead</strong> Travel Services Sdn. Bhd.<br />
Teo claims that he has had an interest and a passion for accounting<br />
from a very early age. While he admits that this would seem<br />
strange to most people, he cannot recall a time when he did not<br />
harbour the ambition of being a successful accountant. Chasing<br />
this dream, he took the first step by signing up for the subject<br />
Prinsip Perakaunan for his SPM and has not looked back since.<br />
Fresh from graduating with a First Class honours degree in<br />
Accounting and Finance from the University of Manchester, Teo<br />
joined the company in August 2007 as the inaugural member<br />
of <strong>Boustead</strong>’s ICAEW Accountant Trainee Programme which<br />
<strong>Boustead</strong> had just embarked on. Since then, he has been<br />
attached to Group Finance, The University of Nottingham<br />
Malaysia Campus and <strong>Boustead</strong> Travel Services. Through these<br />
experiences, he has had the opportunity to better understand<br />
the scope of the businesses that <strong>Boustead</strong> is involved in.<br />
In addition to his responsibilities at work, he regularly attended<br />
classes and lectures in preparation for examinations throughout<br />
the year. This became increasingly difficult as he took on bigger<br />
roles and responsibilities at the workplace and he admits that<br />
at times, holding a full time job while pursuing his studies were<br />
likened to hurdles that seemed insurmountable. He successfully<br />
completed his examinations and graduated from the programme<br />
in December 2010.<br />
When asked how he felt upon receiving the results for his final<br />
examination, he confessed that his immediate reaction was that<br />
of relief. “My final exam was taken when I had just assumed the<br />
role as the accounting head of <strong>Boustead</strong> Travel Services. My role<br />
and responsibilities were new to me so I had to try very hard to<br />
stay focused as I prepared for my exams. I’ve never worked as<br />
hard as I did then but with a little bit of luck and determination,<br />
I made it!”<br />
Profile of a Chartered Accountant<br />
Teo Tian Rong<br />
Today, he looks forward to applying the knowledge gained<br />
from his time with the programme to enhance and improve<br />
the quality of his work. He is extremely grateful to Mr. Daniel<br />
Ebinesan, the Group’s Finance Director and visionary of the<br />
programme for allowing him to develop so quickly and for all<br />
the guidance he has offered him over the years. Looking at<br />
the future, he hopes to repay Mr. Daniel’s faith in him and to<br />
continue providing value to the Group for many years to come.<br />
Accountant Trainee Programme<br />
The objective of the <strong>Boustead</strong> <strong>Holdings</strong> <strong>Berhad</strong> Accountant<br />
Trainee Programme is to recruit and train fresh graduates as<br />
future accountants for the Group. The programme serves<br />
as a form of CSR (Corporate Social Responsibility) in training<br />
young professionals for the growth of the nation. It is specially<br />
tailored for those looking to become Chartered Accountants<br />
with a wide range of accounting bodies including the ICAEW<br />
(Institute of Chartered Accountants in England & Wales),<br />
MICPA (Malaysian Institute of Certified Public Accountants)<br />
and CIMA (Chartered Institute of Management Accountants).<br />
Spearheaded by Mr. Daniel, it is aimed towards graduates with<br />
degrees in accountancy and is unique in that trainees will be<br />
sponsored by the Company.<br />
Trainees can look forward to a training period of approximately<br />
three to four years, during which they will be rotated around<br />
the Group’s wide range of operations and subsidiaries. The<br />
job rotation is designed to provide trainees with exposure to a<br />
broader spectrum of the accounting and business aspects of the<br />
Group. Over the course of this training, trainees are mentored<br />
to develop both personally and professionally in a wide range of<br />
areas. At the same time, trainees are required to attend classes<br />
and study on evenings and weekends, culminating in the sitting<br />
of examinations which are held throughout the year.<br />
Ultimately, this marriage of work experience and academic<br />
knowledge ensures that graduates of the programme are wellrounded<br />
professionals. Graduates will thus be able to deal with the<br />
rigours and responsibilities expected of a Chartered Accountant.<br />
There are currently two other trainees who are pursuing the<br />
ICAEW and MICPA under this programme.<br />
Teo and his mentor, Mr. Daniel<br />
Catching up with old friends<br />
On 11 May <strong>2011</strong>, a luncheon<br />
was held at The Royale Chulan<br />
Kuala Lumpur to bid farewell<br />
to Mr. Ting Sik Fatt. Mr. Ting, who<br />
first joined <strong>Boustead</strong> in September<br />
1980 as a Sales Engineer has recently<br />
retired from his position as the General<br />
Manager of <strong>Boustead</strong> Engineering<br />
Sdn. Bhd. after more than 30 years<br />
Farewell to<br />
Mr. Ting Sik Fatt<br />
of service. In his speech, Mr.<br />
Ting thanked all his staff for<br />
all their support and loyalty<br />
to him and the Company and<br />
hoped that the Company will<br />
continue to prosper.<br />
Present at the luncheon were<br />
Deputy Chairman/Group<br />
Managing Director, Y.Bhg.<br />
Tan Sri Dato' Lodin Wok<br />
Kamaruddin, Divisional<br />
Directors, Senior<br />
Management Staff and<br />
managers of <strong>Boustead</strong> Engineering.<br />
Mr. Ting was also accompanied by<br />
his wife, Mdm. Hoon Peck Yah. In<br />
recognition of Mr. Ting’s long service<br />
and contributions to the Company,<br />
Tan Sri Lodin presented both Mr.<br />
and Mrs. Ting with tokens of<br />
appreciation from the Company.<br />
Mr. Ting's last group photo with <strong>Boustead</strong> team<br />
On behalf of the Group, we would like<br />
to wish Mr. Ting, a happy and healthy<br />
retirement and all the best in his future<br />
endeavours!<br />
Mr. Ting receiving a token of appreciation<br />
from Tan Sri Lodin
The Prime Minister taking a closer look at a palm fruit<br />
Tan Sri Muhyiddin being briefed on the development of Heavy Industries Division<br />
Pak Lah and Tun Jeanne having a look at a model of a chemical tanker - Chulan 1<br />
Also seen at <strong>Boustead</strong> booth is Senator Dato' Sri Idris Jala<br />
Tun Dato’ Seri Ahmad Sarji Abdul Hamid being briefed<br />
on Mutiara Damansara development<br />
Staff of <strong>Boustead</strong> Estates and Applied Agricultural Resources<br />
Visitors being briefed on palm oil products<br />
Staff of Pharmaniaga<br />
Sharing a light moment<br />
Job seekers at Human Capital Management booth<br />
Visitors filling out forms and going through leaflets<br />
<strong>Boustead</strong> participates<br />
in GLC Open Day <strong>2011</strong><br />
<strong>Boustead</strong> <strong>Holdings</strong> <strong>Berhad</strong> and its subsidiaries<br />
recently participated in GLC Open Day <strong>2011</strong> held<br />
from 24 - 26 June <strong>2011</strong> at the KL Convention<br />
Centre. Aptly themed ‘Nation-building, Touching<br />
Lives,’ the Open Day aimed at creating awareness and<br />
increasing the public’s understanding on the unique roles<br />
played by government-linked investment companies<br />
(GLICs) and government-linked companies (GLCs).<br />
The Prime Minister Y.A.B. Dato’ Sri Mohd Najib Tun<br />
Abdul Razak who officiated the opening of the GLC Open<br />
Day on 24 June <strong>2011</strong> stopped by our booth and viewed<br />
the products and services on display by our operating<br />
companies. He was accompanied by Y.Bhg. Laksamana<br />
Tan Sri Dato’ Sri Mohd Anwar Hj. Mohd Nor (R), Chairman<br />
of Lembaga Tabung Angkatan Tentera and Y.Bhg. Tan Sri<br />
Dato’ Lodin Wok Kamaruddin, Deputy Chairman/Group<br />
Managing Director of <strong>Boustead</strong> <strong>Holdings</strong> <strong>Berhad</strong>. We<br />
received many visitors who were interested in learning<br />
more about the Group’s businesses, while exploring<br />
business and job opportunities.<br />
Other VIPs who stopped by our booth were Deputy<br />
Prime Minister Y.A.B. Tan Sri Dato’ Muhyiddin Mohd<br />
Yassin, former Prime Minister Y.A.B. Tun Abdullah<br />
Ahmad Badawi and wife Y.A.Bhg. Tun Jeanne Abdullah,<br />
and Minister in the Prime Minister’s Department, Y.B.<br />
Senator Dato’ Sri Idris Jala.<br />
The Open Day, organised by the Putrajaya Committee<br />
on GLC High Performance involved five GLICs and 18<br />
GLCs. Spanning over five exhibition halls, the Open Day<br />
also featured contests, promotions and educational<br />
forums. It concluded with an impressive turnout of<br />
more than 30,000 visitors over the three-day event.<br />
A visitor being briefed on UAC products<br />
Among staff on duty during the Open Day A photo with Upin & Ipin mascots
10 11<br />
A<br />
Group Internal Audit - Bandung Retreat <strong>2011</strong><br />
(6 - 9 May <strong>2011</strong>)<br />
Staff showing off their bargaining skills<br />
total of 33 Group<br />
Internal Audit staff were<br />
in Bandung, Indonesia<br />
from 6 - 9 May <strong>2011</strong> for the<br />
long awaited department<br />
retreat. The retreat was organised<br />
to create a close-knit kinship between new<br />
and existing employees from both headoffice<br />
and Kota Kinabalu office.<br />
Bandung is well-documented as a shopping<br />
haven for shopaholics. Everything is cheap<br />
and since our Malaysian Ringgit (RM) is at an<br />
all-time high, the Indonesian Rupiah (IDR)<br />
can turn you an instant millionaire.<br />
A list of assorted activities was lined up for the<br />
group which included a tour of the historical<br />
city, which is well-known for its historical<br />
sights and colonial buildings and visits to the<br />
mountainous outskirt of Bandung. Besides<br />
enjoying the scheduled activities together,<br />
we were also confronted with situations where our<br />
social and survival skills were indirectly put to test<br />
while adapting into a strange land.<br />
Once out of the Hussein Sastranegara Airport in<br />
Bandung, we had our first taste of the road pedlars who<br />
offered a variety of souvenirs such as wooden pencils<br />
with Bandung inscriptions, home-made keychains,<br />
fridge magnets and metal praying beads (aka tasbih).<br />
We quickly learnt that if we're not interested in buying<br />
We try our best to ignore the pedlars<br />
Patience skills being tested<br />
All excited to leave for Bandung<br />
We saw, we came, we conquered!<br />
the item, we must simply ignore them and avoid any eye<br />
contact, otherwise, we could be bargaining with them<br />
until the cows come home. Don’t promise a street pedlar<br />
that you will buy things from him, as he will follow you<br />
everywhere you go until you do actually buy something<br />
from him.<br />
Comfortable shoes were a necessity for this trip, especially<br />
for the visit to one of the biggest volcano crater in Indonesia,<br />
Tangkuban Perahu and mostly for the walks from one<br />
factory outlet to another. These walks stretched on until the<br />
wee hours and enabled us to enjoy the cool<br />
night weather of Bandung.<br />
Being serenaded by an up-and-coming star<br />
Bandung is filled with social and serviceoriented<br />
people, given the many hotels<br />
and restaurants. Music scenes (eg: buskers)<br />
are aplenty. It seems that everybody in<br />
Bandung can sing (even if it is an old<br />
Javanese song). However, petty crimes are<br />
unavoidable. Walking in groups and high<br />
alertness evaded bad happenings to our<br />
team members.<br />
All in all, we left Bandung with rejuvenated<br />
feelings and fond memories, not forgetting<br />
heavier bags and lighter wallets.<br />
Enjoying the cool air of Bandung<br />
Group Legal Services,<br />
Corporate Planning,<br />
Risk Management<br />
& <strong>Boustead</strong><br />
REIT Managers<br />
Teambuilding<br />
in Bangkok<br />
(21 - 23 May <strong>2011</strong>)<br />
A pose in front of Bangkok Palace Hotel<br />
Group photo at the Arts of<br />
Kingdom-Anantasamakhom Throne Hall<br />
Finally, food is served<br />
Legal Services Department,<br />
Corporate Planning Department,<br />
Risk Management Department<br />
and <strong>Boustead</strong> REIT Managers Sdn.<br />
Bhd. recently were in Bangkok for<br />
our annual teambuilding activities.<br />
The objective of this teambuilding<br />
was to strengthen the bond amongst<br />
all participants. It was an eventful<br />
3-day 2-night programme that was<br />
fun, exciting and educational.<br />
Day 1: Upon arrival at<br />
Suvarnabhumi International Airport,<br />
we were welcomed by our tour<br />
guide Mr. Virush @ Rush. After a<br />
hearty and sinful Thai-food lunch<br />
(of course!), our first activity was<br />
a visit to the Arts of Kingdom -<br />
Anantasamakhom Throne Hall<br />
where we feasted our eyes on the<br />
beautiful handcrafted products of<br />
Thailand.<br />
Enjoying a Chao Phraya river cruise<br />
We took a river cruise along the mighty<br />
Chao Phraya River where we enjoyed<br />
the scenic views of Bangkok’s city<br />
skyline and got up-close with scenes<br />
along the river bank, and ‘lives’ in the<br />
river (where we fed the huge and everhungry<br />
catfish). As it was a long day<br />
with non-stop activities, we decided to<br />
have our dinner first before checkingin<br />
to our hotel, Bangkok Palace Hotel.<br />
Dinner was at Notaprat, a restaurant<br />
well-known for its Thai cultural shows.<br />
'It’s giraffe feeding time!'<br />
Kamal, our delightful colleague, was<br />
the happiest person that night as he<br />
was invited to dance with the pretty<br />
and angelic dancers on stage.<br />
Day 2: A trip to Bangkok would<br />
not be complete without visiting<br />
and touring the Safari World, where<br />
animals are left to roam freely.<br />
The animal shows were equally<br />
entertaining with the Dolphin Show,<br />
Seal Show and Thai Orang Utan<br />
Boxing Show (which is the only Orang<br />
Utan show in Asia). Towards the end<br />
of the afternoon, we headed back to<br />
our hotel to rest, and for our free and<br />
easy activities.<br />
Day 3: Started a bit late as we<br />
were mostly tired after the long and<br />
full 2-day activities. We decided to<br />
rest at the hotel before we checkedout<br />
and had our last meal in Bangkok<br />
together at Mak Yah Moslem<br />
Restaurant. Soon after, we headed<br />
towards the airport for our trip back<br />
home to Kuala Lumpur.<br />
Riding on the Tuk Tuk<br />
Overall, the group enjoyed this trip and<br />
succeeded in reinforcing camaraderie<br />
between team members.<br />
'The tiger looks hungry, let’s feed him!' Say cheese everyone! Dancing with the stars<br />
'HRH' Najib<br />
in front of his palace
1 1<br />
Training activities for second quarter of <strong>2011</strong><br />
In the second quarter of the year<br />
<strong>2011</strong>, the Group Human Capital<br />
Management Department organised<br />
various training programmes ranging<br />
from the Induction programme to<br />
generic soft skills and Human Resource<br />
and Industrial Relations programmes.<br />
Amongst the programmes conducted<br />
for executive staff were ‘Emotional<br />
Intelligence for Work Performance,’<br />
‘Managing Work Life Balance’ and<br />
‘Business Continuity Management,’<br />
whereby a programme on ‘Supervisory<br />
Development’ was successfully<br />
organised for the non-executive staff.<br />
Announcement<br />
At the same time, the Human Resource<br />
and Industrial Relations Training<br />
Programme series kicked-off with<br />
the first of its series for the year on<br />
‘Competency Profiling,’ and this was<br />
attended predominantly by the Group’s<br />
HR practitioners.<br />
Apart from the soft skills programmes,<br />
the Group Human Capital Management<br />
Department also brought in the first<br />
Video Programme for the year, entitled<br />
‘The Moment of Truth.’ The programme<br />
was targeted at the executive staff<br />
and will be extended to non-executive<br />
staff in another session to be held in<br />
August.<br />
Based on the positive responses and<br />
feedbacks from the participants, the<br />
Group Human Capital Management<br />
Department will continue to conduct<br />
and organise more training and<br />
development programmes throughout<br />
the year.<br />
For more information, be on the<br />
lookout for the ‘e-mail blast’ from<br />
the Department or alternatively,<br />
kindly contact Pn. Siti (ext. 213) or Cik<br />
Razween (ext. 247).<br />
Please be advised that the Group Human Resource<br />
Department is now known as the Group Human Capital<br />
Management Department.<br />
We will continue to be contactable as follows:-<br />
Group Human Capital Management Department<br />
<strong>Boustead</strong> <strong>Holdings</strong> <strong>Berhad</strong><br />
5th Floor, Menara <strong>Boustead</strong><br />
69, Jalan Raja Chulan<br />
50200 Kuala Lumpur<br />
Tel: 03-2141 9044 Fax: 03-2031 5332<br />
"All together now......arms to the side and up-up and away!"<br />
"Nice headgears...wonder which tribe<br />
they come from?"<br />
Our team offerings to the Chief and<br />
to ‘Mother Nature’<br />
Sales Managers emphasising<br />
on sales achievement<br />
<strong>Boustead</strong> Sissons Paints re-energises<br />
at The Royale Bintang Resort & Spa<br />
Seremban (19 – 22 May <strong>2011</strong>)<br />
On 19 May <strong>2011</strong>, the entire sales force team<br />
throughout Malaysia and management<br />
team of <strong>Boustead</strong> Sissons Paints Sdn. Bhd.<br />
attended a 4-day 3-night Sales Conference and<br />
Corporate Teamwork Programme at The Royale<br />
Bintang Resort & Spa Seremban.<br />
Our training session started at about 5.00 p.m.<br />
on the first day until dinner before continuing<br />
with our first green management game called Among the first obstacles in the Royale Race<br />
Star Navigation. Armed with compasses, maps,<br />
torchlights and a time limit of 1.5 hours, all team<br />
members were seen scouring around the hotel premises looking for check points and<br />
clues. Our session that night ended late but we were all exhilarated and excited on the<br />
game’s outcome and looked forward to the following day.<br />
The second day of the programme was dedicated to the Sales Conference. Here, our<br />
management team highlighted the sales achievement, under achievement, future projections<br />
and sales planning for the future. The branches communicated their respective branch’s<br />
progress, their future plans and the sales initiatives carried out at respective branches. The<br />
Sales Conference wrapped up with a pledge from all to put in the extra effort to improve sales,<br />
as well as to increase market share to achieve targets set.<br />
Our third day was dedicated to green management games and action-based classroom<br />
activities with our Principal Coach Dr. Kishu. We started with Princess<br />
Diana Landmine activity, where we used sign language<br />
and symbols to navigate our way out of the landmine. The<br />
morning ended at the training room and team members were<br />
asked to reflect on what happened and why.<br />
"Careful now....we don't want you to get<br />
blown-up on the mine field!"<br />
All ears on their team members presentations<br />
Lunch was a unique experience whereby each partner had to<br />
choose the dishes that he/she thought his/her partner liked<br />
without asking the other party. Regardless of what the other<br />
party put on the plate, his/her partner had to happily tuck into<br />
their lunch. After the ‘team lunch’, it was time for the Royale<br />
Race. Taking place at the adjacent recreational forest, all teams<br />
were given different paths with different obstacles to overcome<br />
but with the same goal of ending the race with a winning<br />
attitude. The race ended at 5.30 p.m. with a feel-good mood that<br />
as a team we had accomplished our goal for the day.<br />
Our last day of the programme started with a refreshing<br />
isometric exercise. After a healthy breakfast, we headed back to<br />
the classroom for more reflections and action-based classroom<br />
activities. In the session, we all shared our expectations from<br />
the company and vice versa. By noon, our General Manager, En.<br />
Megat Joha wrapped up our 4-day 3-night programme and team<br />
members dispersed to return to their respective states.<br />
One for memory lane "Let’s rejoice and make a difference!"
1<br />
1 1<br />
Back to the 70s at The Royale Bintang The Curve<br />
Dato’ Leonard Tan<br />
singing a song<br />
Tan Sri Lodin giving a speech<br />
On 20 April <strong>2011</strong>, <strong>Boustead</strong> Curve Sdn. Bhd., Damansara Entertainment<br />
Centre Sdn. Bhd. and <strong>Boustead</strong> DCP Sdn. Bhd. had their Annual<br />
Dinner at The Royale Bintang The Curve. More than 200 staff<br />
attended the event themed ‘Back to the 70s.’<br />
The programme began at 8 p.m. with a speech by Y.Bhg. Tan Sri Dato’ Lodin<br />
Wok Kamaruddin, Deputy Chairman/Group Managing Director of <strong>Boustead</strong><br />
<strong>Holdings</strong> <strong>Berhad</strong>. After dinner was served, guest performer cum emcee,<br />
Y.Bhg. Dato’ Leonard Tan, entertained staff with a few songs.<br />
Awards such as Commendation Awards and Merit Awards were given out later<br />
in the evening. Other activities included prize giving for Games Challenge <strong>2011</strong>,<br />
lucky draws, a karaoke session and selection of Best Dressed Couples.<br />
The top five Best Dressed Couples<br />
Two out of four Inspira won in BHPetrol contest<br />
BHPetrol's FFII April Grand Prize Winner - Mr. Veenaigmoorthy<br />
was hardly the word to<br />
describe the winner of the first<br />
‘Lucky’<br />
Proton Inspira 2.0 CVT in the<br />
4-month BHPetrol Infiniti Fever Frenzy<br />
II Contest by <strong>Boustead</strong> Petroleum<br />
Marketing Sdn. Bhd. ‘Smart’ would be a<br />
more likely word to describe the winner<br />
Mr. N. Veenaigmoorthy a/l Narasaman<br />
from Puchong, Kuala Lumpur.<br />
Mr. Veenaigmoorthy, 45, got an early<br />
start on the Infiniti Fever Frenzy II<br />
contest by pumping BHPetrol Infiniti<br />
Advanced2X 95 as soon as the<br />
contest was launched on 1 April<br />
<strong>2011</strong>. And he kept pumping as<br />
often as possible, submitting<br />
as many entry forms during<br />
the month.<br />
“I am a regular user of BHPetrol<br />
Infiniti Advanced2X 95 so when<br />
I heard about Infiniti Fever<br />
Frenzy II, I grabbed the chance<br />
to participate. Not only do I<br />
get the best fuel in the market<br />
but now I can drive home with<br />
a brand new Proton Inspira!”<br />
he said after being presented<br />
his prize. Mr. Veenaigmoorthy declared<br />
himself to be a big fan of BHPetrol<br />
fuel and has been using it for many<br />
years.<br />
In addition to the Proton Inspira<br />
won by Mr. Veenaigmoorthy, he<br />
also received an additional 50,000<br />
ePoints for being a BHPetrol ecard<br />
holder. The ePoints can be used to<br />
redeem numerous items in BHPetrol’s<br />
loyalty programme that was open<br />
to all its customers. Besides Mr.<br />
Veenaigmoorthy, there were 30<br />
customers who won RM1,000.00<br />
in cash prizes.<br />
The BHPetrol Infiniti Fever Frenzy<br />
II Contest runs up to 31 July<br />
<strong>2011</strong> and participation is easy:<br />
just spend at least RM30.00 at<br />
participating BHPetrol service<br />
stations throughout Peninsular<br />
Malaysia, answer two questions<br />
on the entry form and submit it<br />
at the station. Eligible participants<br />
can submit as many valid entries<br />
within the contest period but are<br />
entitled to win only one prize.<br />
All winners who are members of<br />
BHPetrol’s ecard loyalty programme<br />
will also win 50,000 ePoints.<br />
BHPetrol's FFII May winner - Joyce Wu family<br />
A patient sitting in a new dialysis chair<br />
sponsored by <strong>Boustead</strong><br />
<strong>Boustead</strong> sponsors 20 schools for<br />
The Star-NiE programme<br />
To aid the teaching of English, Science<br />
and Mathematics in the classrooms,<br />
<strong>Boustead</strong> <strong>Holdings</strong> <strong>Berhad</strong> recently<br />
sponsored 25,000 copies of The Star<br />
newspapers for distribution to 20 schools<br />
in various locations around Peninsular<br />
Malaysia under The Star Newspaper-in-<br />
Education (NiE) corporate sponsorship<br />
programme.<br />
The schools benefiting from this<br />
sponsorship include the three <strong>Boustead</strong><br />
adopted schools under the PINTAR<br />
the Curve<br />
Fashion<br />
Week:<br />
Revolution<br />
in Progress<br />
<strong>Boustead</strong> donates dialysis chairs<br />
to National Kidney Foundation<br />
As part of the company’s<br />
social responsibility towards<br />
the general public, <strong>Boustead</strong><br />
<strong>Holdings</strong> <strong>Berhad</strong> recently contributed<br />
RM2,400.00 to the National Kidney<br />
Foundation of Malaysia (NKF) for the<br />
purchase of three dialysis chairs that<br />
will be used by dialysis patients at the<br />
NKF Dialysis Centre in Petaling Jaya.<br />
programme in Kedah and Perak and 17<br />
primary and secondary schools, some<br />
of which are located in Kuala Lumpur,<br />
Penang, Melaka and Johor.<br />
Costing RM20,000.00, this sponsorship will<br />
enable the schools to receive a total of 35<br />
issues of the NiE supplements distributed<br />
every Monday and Wednesday from May<br />
until October this year.<br />
This marks the second time <strong>Boustead</strong> is<br />
sponsoring this programme.<br />
This year, industrial elements and other<br />
paraphernalia were included in the<br />
transformation of the Curve's Centre<br />
Court to embody the theme 'Revolution in<br />
Progress' Fashion Week from 5 - 8 May.<br />
Fashion Week kicked off with the Gala Night on<br />
the evening of 5 May <strong>2011</strong>, hosted by bubbly<br />
VJ Natalie Kniese, along with a few celebrity<br />
models gracing the runway. A total of 19<br />
brands were featured during the weekend.<br />
Some of these dialysis patients spend<br />
three to four hours, three times a<br />
week at the centre receiving dialysis<br />
treatment and these new chairs will<br />
help make them more comfortable<br />
during treatment. On top of that,<br />
these additional chairs will shorten<br />
the queue for patients who urgently<br />
require dialysis.<br />
In conjunction with this event, the Curve once<br />
again gave one shopper the opportunity of a<br />
lifetime to drive home a brand new Hyundai<br />
Sonata 2.0L worth a whopping RM143,888.00<br />
in 'Drive the Hyundai Home' contest. As an<br />
additional incentive for shoppers during<br />
Fashion Week, the Curve also featured the<br />
sneak previews of Dreamgirls: The Broadway<br />
Musical Sensation.
Published by: <strong>Boustead</strong> <strong>Holdings</strong> <strong>Berhad</strong> (3871-H)<br />
Printed by: Pencetak Weng Fatt Sdn Bhd (19847-W)<br />
1<br />
Kejohanan Futsal KSB ’Soccerstar’ <strong>2011</strong><br />
Pada 14 Mei <strong>2011</strong>, Kelab Sukan <strong>Boustead</strong> (KSB) telah<br />
menganjurkan Kejohanan Futsal KSB ’Soccerstar’ <strong>2011</strong><br />
bertempat di Samba Futsal, Segambut. Kejohanan<br />
yang bermula pada pukul 8.00 pagi dan berakhir pada pukul<br />
3.00 petang itu telah disertai oleh seramai 144 ahli lelaki<br />
dan 35 ahli wanita yang mewakili 18 pasukan lelaki dan lima<br />
pasukan wanita.<br />
Berikut adalah senarai nama para pemenang pertandingan:<br />
Pemenang Kategori Lelaki<br />
Juara<br />
Pasukan Curve 1<br />
(Wang tunai RM300.00<br />
berserta piala iringan)<br />
Naib Juara<br />
Pasukan Curve 3<br />
(Wang tunai RM225.00<br />
berserta piala iringan)<br />
Pemenang Kategori Wanita<br />
Juara<br />
<strong>Boustead</strong> Shipping<br />
(Wang tunai RM150.00<br />
berserta piala iringan)<br />
Naib Juara<br />
BHIC B<br />
(Wang tunai RM125.00<br />
berserta piala iringan)<br />
Hadiah-hadiah telah<br />
disampaikan oleh Y.Bhg.<br />
Laksamana Madya Tan Sri<br />
Dato’ Seri Ahmad Ramli<br />
Hj. Mohd Nor (B), Pengarah<br />
Urusan <strong>Boustead</strong> Heavy<br />
Industries Corporation<br />
<strong>Berhad</strong>.<br />
Tempat Ketiga<br />
BHIC A<br />
(Wang tunai RM150.00<br />
berserta piala iringan)<br />
Tempat Keempat<br />
Otai FC<br />
(Wang tunai RM100.00 )<br />
Tempat Ketiga<br />
e@Curve<br />
(Wang tunai RM100.00<br />
berserta piala iringan)Pasukan yang menjuarai kategori wanita<br />
"Kejar jangan tak kejar!"<br />
Pertandingan futsal bagi kategori wanita sedang berlangsung<br />
Gambar peserta Kejohanan Futsal KSB <strong>'Soccerstar'</strong> <strong>2011</strong><br />
Pasukan yang menjadi johan, naib johan dan tempat ketiga<br />
kategori lelaki bergambar bersama Tan Sri Ramli<br />
menerima hadiah daripada Tan Sri Ramli<br />
Antara aksi pertemuan dua pasukan yang bertanding