Key Highlights
Operations Review
Property Development
Platinum Award in the Property Development Category and Marketer of the Year at the Putra Brand Awards – The People’s Choice Awards 2022.
Ranked 4th Place in The Edge Malaysia Top Property Developers Awards 2022.
10 awards at the StarProperty Awards 2022, including the All-Stars Award and 8 Excellence Awards for Bandar Bukit Raja, KL East, Serenia City, KLGCC Resort and Putra Heights.
Investment & Asset Management
Strong portfolio
occupancy of 100%
for key commercial
assets providing a
net yield of above 5%.
Bandar Bukit Raja Industrial Gateway won The Edge Malaysia Property Development Excellence Award at The Edge Malaysia Property Excellence Awards 2022.
KL East Mall received
the 5 Star CII Rating
Award for Best
Practices in Food
Waste Management
and Best Food Waste
Management from
SWCorp Malaysia.
Sime Darby Property and LOGOS Property joint venture, SDPLOG secured 70% capital commitment for the First Close of its Industrial Development Fund for a size of up to US$250 million.
Leisure
KLGCC was named:
A Top 50
Platinum Club
in Asia Pacific
KLGCC was named:
A Top 100 Platinum Golf
& Country Club of the
World 2022-2023
KLGCC was named:
The Best Championship
Course in Asia Pacific by
Asian Golf Awards
KLGCC was named:
A Top 100 Golf
Course Asia 2022
(West Course)
Our Investment Case
2022 Performance Snapshot
Financial Highlights
Revenue
RM0Million
(2021 : RM2,216.6 million)
Operating Profit
RM0Million
(2021: RM317.7 million)
Profit Before Tax
RM0Million
(2021 : RM280.5 million)
Profit After Tax and Minority Interest
RM0Million
(2021 : RM146.9 million)
Total Equity
RM0Million
(2021 : RM9,554.0 million)
Cash Position
RM0Million
(2021 : RM909.7 million)
Gross Gearing Ratio
0%
(2021: 40.8%)
Net Gearing Ratio
0%
(2021 : 31.3%)
Net Assets per Share Attributable to Owners of the Company
RM0
(2021: RM1.38)
Dividend Payout
RM0 Million
0
Sen Per Share
Sen Per Share
0%
Payout Ratio
Payout Ratio
(FY2021: 1.0 sen per share; 46.3% payout ratio)
Business Highlights
Sales Achievement of
RM0BILLION
Exceeded Sales Target of RM2.6 billion
Number of Units Sold:
RM0Units
(2021 : 3,111 units)
Delivery of Completed Units:
0Units
(2021 : 3,129 units)
Launched
Malaysia’s First Inclusive Playground
in collaboration with UNICEF at City of Elmina
in collaboration with UNICEF at City of Elmina
Unveiled
Elmina Rainforest Knowledge Centre
in partnership with Tropical Rainforest Conservation and Research Centre
in partnership with Tropical Rainforest Conservation and Research Centre
Commenced groundwork for the
E-Metro Logistics Park in Bandar Bukit Raja, Sime Darby Property and LOGOS Property joint venture’s maiden asset
Battersea Power Station in Central London welcomed
Over 0 visitors during its opening weekend between 14 and 16 October 2022
Sustainability Highlights
A constituent of
MSCI ACWI SMALL CAP INDEX
and received
MSCI ESG RATING
of BBB
Lost Time Injury Frequency Rate:
0 %
compared to 0.08% in 2021
0
hours
hours
of learning and training recorded
34 community programmes and initiatives benefitting close to
0
people
people
0%
Female
Female
Board members
0%
women
women
representation in the workforce
0
Endangered, Rare & Threatened (“ERT”) species of trees planted since 2011
Total Carbon Emissions Reduction:
0 %
against 2021 baseline
Our Approach to Sustainability
Sime Darby Property seeks to operate in
a manner that respects the interests of
our stakeholders while protecting the
environment. Our commitment to
environmental, social and governance
(“ESG”) matters has supported our goal
of being a premier reputable property
developer in developing sustainable
townships.
Chairman’s Message
The Group achieved its highest sales since our 2017 demerger at RM3.7 billion, breaching our target of RM2.6 billion, as well as recording an operating profit of RM487.8 million.
Rizal Rickman Ramli
Chairman
Group managing director’s review
We brought forward RM816 million worth of industrial product launches that had been slated for 2023 and beyond, achieving 100% take-up rates for some with an average take-up rate of 82% of new product launches.
Dato’ Azmir Merican
Group Managing Director
© 2023 Sime Darby Property Berhad (15631-P) All Rights Reserved.