Highlights inside SP Setia voted property company with best shareholders' returns Setia Alam 'in touch with nature' concept SP Setia conquers Mt Kinabalu Setia Alam launch carnival a runaway success cont'd back pg www.setiahomes.com Insight Insight Insight Volume 9 - No.2 • May 2004 Setia Alam, S P Setia’s newest township development in Klang Valley got off to a sizzling start with a crowd numbering over 5,000 people packing its day-long fun-filled carnival celebration held in conjunction with its official launch on 11 April 2004. The project is a 2,500-acre self-contained mixed residential township styled as nature’s sanctuary strategically located in Shah Alam. Setia Alam’s tagline ‘In Touch With Nature’, is a clear statement of S P Setia’s commitment to marrying mother nature with the best that modern living has to offer in a showcase of development excellence. Selangor Menteri Besar, YAB Dato’ Seri Dr Mohamad Khir Toyo was present as the Guest of Honour to perform the ground breaking ceremony for the construction of the Setia Alam Interchange on the New Klang Valley Expressway - Jalan Meru (NKVE-Jalan Meru) Link followed by the ribbon cutting ceremony to officiate the launch of the Setia Alam project. The Setia Alam Interchange is among the four interchanges comprised within the NKVE- Jalan Meru Link, ensuring the smooth flow and dispersal of traffic. The other three interchanges are Setia Barat, Setia Timur and Bandar Setia Alam respectively. The NKVE - Jalan Meru Link will run across the Setia Alam township, providing direct connection from Km 3.5 of the NKVE to Km 7 of Jalan Meru, Klang. It is currently 30% completed and is expected to be ready by end 2005 and open to traffic in early 2006. Dr Khir in his speech praised S P Setia for building a toll-free NKVE - Jalan Meru Link to contribute towards the development of the road infrastructure system in the Klang and Shah Alam areas. Ground breaking of the NKVE - Jalan Meru Link Tan Sri Zaki and the MB cutting the ribbon to officiate Setia Alam township. An artist impression of the Setia Alam Interchange
Transcript
Highlights insideSP Setia voted property
company with bestshareholders' returns
Setia Alam'in touch with
nature' concept
SP Setiaconquers
Mt� Kinabalu
Setia Alam launch carnival a runaway success
cont'd back pg
www.setiahomes.com
InsightInsightInsightVolume 9 - No.2 • May 2004
Setia Alam, S P Setia’s newest township development in Klang Valley got off to a sizzling start with a crowd numbering over 5,000 people packing its day-long fun-filled carnival celebration held in conjunction with its official launch on 11 April 2004.
The project is a 2,500-acre self-contained mixed residential township styled as nature’s sanctuary strategically located in Shah Alam. Setia Alam’s tagline ‘In Touch With Nature’, is a clear statement of S P Setia’s commitment to marrying mother nature with the best that modern living has to offer in a showcase of development excellence.
Selangor Menteri Besar, YAB Dato’ Seri Dr Mohamad Khir Toyo was present as the Guest of Honour to perform the ground breaking ceremony for the construction of the Setia Alam Interchange on the New Klang Valley Expressway - Jalan Meru (NKVE-Jalan Meru) Link followed by the ribbon cutting ceremony to officiate the launch of the Setia Alam project.
The Setia Alam Interchange is among the four interchanges comprised within the NKVE-Jalan Meru Link, ensuring the smooth flow and dispersal of traffic. The other three interchanges are Setia Barat, Setia Timur and Bandar Setia Alam respectively.
The NKVE - Jalan Meru Link will run across the Setia Alam township, providing direct connection from Km 3.5 of the NKVE to Km 7 of Jalan Meru, Klang. It is currently 30% completed and is expected to be ready by end 2005 and open to traffic in early 2006.
Dr Khir in his speech praised S P Setia for building a toll-free NKVE - Jalan Meru Link to contribute towards the development of the road infrastructure system in the Klang and Shah Alam areas.
Ground breaking of the NKVE - Jalan Meru LinkTan Sri Zaki and the MB cutting theribbon to officiate Setia Alam township.
An artist impression of theSetia Alam Interchange
message from thegroup managing director
I am very pleased to report that our newest township Setia Alam has proven to be a roaring success chalking up over RM300 million sales within a month. This project marks our return to the robust Klang Valley property market in a big way. We too were surprised and overwhelmed by the market’s tremendous response to the project which was officially launched on 11 April 2004 by the Selangor Menteri Besar, YAB Dato’ Seri Dr Mohamad Khir Toyo.
performing very well, with good response seen for both existing and new launches of housing products.
On the corporate front, our 50% associate, Setia Putrajaya Sdn Bhd is seeking a backdoor listing through Kramat Tin Dredging Berhad, a PN10 company. This augurs well for S P Setia as it allows us to realise capital gains and convert our investment into more marketable and liquid securities.
Besides churning in profits, the time has come again for us to contribute our effort and energy in the name of charity. This year’s S P Setia Foundation Charity Dinner will feature a disco inspired musical ‘Kampong 50’s Magic’ as entertainment to thrill our loyal supporters. To all performers and
volunteers, please give your best shot to make our Charity Dinner another memorable success.
With various projects going full steam ahead, I am confident this year will be another one of record profitability forS P Setia. I urge every staff to continue to demonstrate utmost dedication and diligence to take on new challenges in good stride. I have full confidence that our staff will continue to ensure thatS P Setia stays ahead of the competition and remains the preferred developer in the country.
Dato' Sri Liew Kee Sin
from the editorial team the team
Has anyone noticed? Yes! We are sporting a new look. Trendier, breezier and livelier, we hope to get your thumbs up for this long over-due makeover. One fine day, the editorial members finally sat down and put on our thinking hats to redesign the newsletter. Our masthead and the overall colour scheme is now a warmer green and blue shade while the typeface is more reader-friendly. Hopefully, our effort will result in a much better read for our staff as well as our valued customers. The last
few months have been filled with excitement as we shifted into full gear to cope with the buoyant business environment. Our biggest project to date, Setia Alam has finally taken off to a flying start. We are proud that the whole Setia family from North to South turned out in full force to support the launch carnival and the slew of subsequent promotional activities. This is the kind of team spirit that will help us go far in our continuous quest to be the best in all we do!
Corporate Ms Michelle Liew (editor)News Ms Vanitha Nadarajah
HR News Cik Nurul Ain
Property Ms Vivian Lau(Central) Ms Chong Wei Teng Ms Evon Yap
Property Ms Hoe Mee Ling(South) En Azman Amarashikin
Construction Pn Norjihan KamarudinNews En Jamallulai Abu Bakar
Manufacturing Mr Joseph ChanNews Ms Ding Siock Kee
GQCC News Mr Charanjeet Singh
S P Setia Ms Tang Dee LengFoundation
Advisor Mr Raymond Yap
The enthusiastic housebuyers were attracted to the nature-friendly development concept meticulously incorporated into the township’s masterplan. In fact, our arrival on the scene was most timely to meet the pent-up demand for quality lifestyle living in harmony with Nature in the Klang Valley. Our greatest challenge now is to deliver on our promises and further raise the benchmark in township development. Let us join hands and bring to our valued customers yet another signature Setia township that they’ll be proud to call home. Setia Duta One is due to launch Duta Tropika, another prestigious project by the middle of the year to ride on the huge popularity of Duta Nusantara. Our Johor projects are also
Asiamoney’s Top Ten Overall Best-Managed Companies in Malaysia 2003, Asiamoney’s Best Corporate Governance Standards in the Real Estate Sector 2003, The Edge’s Ranking of Top Property Developers in Malaysia and the KLSE Corporate Excellence Merit Award.
Setia Putrajaya Sdn Bhd (Setia Putrajaya) is set to take-over the listing status of Kramat Tin Dredging Bhd (Kramat Tin) on Bursa Malaysia upon completion of the latter’s restructuring exercise.
On 24 April 2004, S P Setia signed an agreement with Kramat Tin, Prudent Location Sdn Bhd (Prudent), Putrajaya Holdings Sdn Bhd, Abad Kilat Sdn Bhd and Kelana Ventures Sdn Bhd (Kelana Ventures) to effect a series of transactions as part ofthe restructuring plan.
Prudent, a newly incorporated company, will buy Setia Putrajaya for RM148 million through an issue of 74 million shares at RM1 each and 74 million irredeemable
convertible preference shares (ICPS) at RM1 each.
Prudent will also buy 272.02 acres of development land in Tebrau, Johor from Kelana Ventures for RM59.25 million through the issuance of 29.62 million shares at RM1 each and 29.62 million ICPS.
Prudent will then acquire 100% of Kramat Tin for RM27.72 million through an issuance of 13.86 million shares and 13.86 million ICPS on the basis of 3.5 Prudent shares and 3.5 Prudent ICPS for every Kramat Tin share held.
At the signing ceremony held at the Mutiara Hotel Kuala Lumpur, YBhg Datuk Mohd Hashim Hassan, Chairman of Putrajaya
Holdings said it is heartening that Setia Putrajaya which began as a joint-venturevehicle for the development of the newFederal Administrative Capital of Putrajaya will be transformed into a listed entity which will not only continue its role in shaping the vibrant city of Putrajaya but also be able to export its proven expertise to Johor, the second biggest property market in the country.
“As a listed property development company, I am confident Prudent will be able to leverage on its track record in developing the model garden city of Putrajaya to introduce to the Johor house-buying public the world-class standards of township development,” he added.
“Our disciplined application of this theory has ensured a consistent stream of income which has contributed strongly to our ability to deliver string earnings growth,” he explained.
This acknowledgement is another coup for S P Setia which has recently garnered a string of awards and recognition including
As testament to our unerring drive towards continuous excellence, S P Setia Berhad scored a hatrick winning three top accolades in The Edge's ranking of top 100 companies that Gave The Best Returns (April 26 – May 2 2004 issue). In the property sector, S P Setia took the top spot for generating the best 5-year returns and came in second among 100 companies that gave the best returns on a ten-year basis. We were also ranked among the top ten companies with the best returns on a five-year basis. This ranking aimed to identify companies which have generated the highest returns for their shareholders and investors. Shareholder returns was defined as the sum of appreciation in share price and dividends as a percentage of the original start price.
Our Group Managing Director, Dato’ Sri Liew Kee Sin in welcoming the results attributed the company’s success to the cornerstone of its development strategy, the project life cycle theory.
The theory, based on planning the company’s landbank acquisitions to ensure that it has various projects running at four different phases of a life cycle, namely planning, infant, growth and mature, at any one point in time.
corporatenews
Setia Putrajaya to take-over listing status ofKramat Tin Dredging Berhad
S P Setia voted property company withbest shareholders' return
F19
Top 100 companies that gave the best returns by sector (5 years)
COMPANYPRICE (RM)
JAN 1, 1999
PRICE (RM)
DEC 31, 2003
TOTAL DIVS
(RM)
NEW PRICE +
DIVS (RM)
SHAREHOLDER
RETURNS (%)
CAGR(%)
RANK
Mentakab Rubber Co Bhd
Asiatic Development Bhd
Chin Teck Plantations Bhd
Kulim (M) Bhd
Inch Kenneth Kaj Rub PLC
Guthrie Ropel Bhd
PROPERTIESSP Setia Bhd
IOI Properties Bhd
1.60
1.19
4.03
2.14
12.70
3.10
0.73
2.02
2.76
1.75
5.20
3.10
20.00
3.64
3.50
7.05
2.85
1.95
6.42
3.40
20.00
4.77
3.86
8.28
78.1
64.0
59.3
58.9
57.5
53.9
426.4
309.7
12.2
10.4
9.8
9.7
9.5
9.0
39.4
32.6
5
6
7
8
9
10
1
2
0.09
0.20
1.22
0.30
0.00
1.13
0.36
1.23 HU
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F14
Top 100 companies that gave the best returns (10 years)
COMPANY
PRICE (RM)
JAN 1, 1999SECTORPRICE (RM)
DEC 31, 2003
TOTAL DIVS
(RM)
NEW PRICE +
DIVS (RM)
SHAREHOLDER
RETURNS (%)
CAGR(%)
RANK
C&C Bintang Bhd
S P Setia Bhd
Hume Ind (M) Bhd
OYL Industries Bhd
Gamuda Bhd
M'sian Pacific Ind Bhd
Consumer Products
Properties
Industrial Products
Consumer Products
Construction
Technology
2.62
1.08
3.06
12.87
2.13
6.13
3.06
3.50
5.25
36.50
6.35
17.00
10.54
3.98
11.05
43.10
6.97
19.85
302.1
267.4
260.9
234.9
227.9
223.9
14.9
13.9
13.7
12.8
12.6
12.3
1
2
3
4
5
6
7.48
0.48
5.80
6.60
0.62
2.85
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26
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F5
Top 100 companies that gave the best returns (5 years)
COMPANYPRICE (RM)
JAN 1, 1999SECTORPRICE (RM)
DEC 31, 2003
TOTAL DIVS
(RM)
NEW PRICE +
DIVS (RM)
SHAREHOLDER
RETURNS (%)
CAGR(%)
RANK
Crest Petroleum Bhd
YLI Hldgs Bhd
IOI Oleochemical Ind Bhd
Inti Universal Hldgs Bhd
Hume Ind (M) Bhd
Narra Industries Bhd
ECM Libra Bhd
Melewar Ind Group Bhd
WCT Engineering Bhd
S P Setia Bhd
Globetronics Technology
C&C Bintang Bhd
SB-Trading/Services
Industrial Products
Industrial Products
Trading/Services
Industrial Products
Industrial Products
Industrial Products
Industrial Products
Construction
Peoperties
Technology
Consumer Products
Finance
1.0354
0.6646
1.2400
1.0300
1.0310
0.4929
0.4143
0.5320
1.1880
0.7340
1.3593
1.7606
1.1600
8.0000
4.9600
8.3000
6.8000
5.2500
2.3800
2.4500
2.5700
5.7500
3.5000
6.6000
3.0600
5.5500
8.05
5.13
8.70
7.18
7.09
3.36
2.49
3.05
6.42
3.86
7.10
9.05
5.95
677.28
672.39
601.21
596.60
587.89
580.73
501.03
473.29
439.98
426.39
422.49
414.03
412.93
50.7
50.5
47.6
47.4
47.1
46.8
43.1
41.8
40.1
39.4
39.2
38.7
38.7
1
2
3
4
5
6
7
8
9
10
11
12
13
0.05
0.17
0.40
0.38
1.84
0.98
0.04
0.48
0.67
0.36
0.50
5.99
0.40
TO
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UN
DR
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CO
MP
AN
IES
AP
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26
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GQCCupdate
S P Setia sets sight on superiorcustomer service
constructionupdate
GM dialogue with all Setia Precast staff
In today’s increasingly competitive marketplace, property developers are keeping up with each other by implementing similar marketing strategies and building houses based on similar concepts. In order to move ahead of the competition it is necessary for us to distinguish ourselves from our competitors by providing superior customer service as this will give us a competitive edge in the long term. In line with this aspiration, the company has established a new department, Service Quality Management (SQM), under the Group Quality and Customer Care (GQCC) division, to spearhead customer-focused initiatives.
Having the right policies and procedures on customer service is not going to lead to success in delivering superior customer service if our staff do not have the right service mindset and the necessary service skills. Therefore, customer service training programmes continue to play a vital role in ensuring that staff are instilled with the right service mindset and equipped with the necessary service skills. SQM will review these training programmes from time to time so that the trainings are relevant and effective.
The journey towards attaining superior customer service is a never ending one and it will require the unending support and commitment from team Setia! Let’s do it together!
GM dialog has been conducted by Setia Precast GM and its management group with all project site staff in USJ, BSA, Puchong, Putrajaya, Ampang and Puchong head office in March 2004. The dialogue session with AIMST project staff will follow soon. The purpose of the dialog is to have a direct communication channel with all Setia Precast staff from the
crane operator to the assistant manager. The future direction of Setia Precast was shared with all staff and feedback were gathered to inculcate a better “team-spirit” and achieve improvement in work environment and performance. The GM dialogue, which was very effective will be conducted from time to time in our quest for continuous excellence.
SQM’s main responsibilities are to: • Develop company policies, procedures and performance standards which affect customer service practices • Partner with business units to align customer service policies and systems with company objectives • Ensure the delivery of consistent customer services across all customer contact points • Oversee compliance of service personnel with established company policies and standards • Track and monitor the performance of the company’s customer service initiatives
At Pusat Bandar Puchong, the construction of the 340-unit Seri Jati Apartment (RPR2) has been successfully completed. Application for CF is in the process.
Setia Precaston-going project
constructionupdate
manufacturingupdate
Industrialised building systemroad show up North
Setia Precast ready-mixed batching plant for BSA
Singapore satisfied with qualitytimber truss
Following the CIDB roadshow campaign “Towards Quality Construction & Reduction In Labour Dependency” throughout Malaysia, the south zone campaign was held on 8 December 2003 in Melaka and the north zone on 15 December 2003 in Pulau Pinang.
Our General Manager, En. Othman Jaki presented his paper on “Manufacturer’s experience on IBS” in Melaka and “Developer’s experience on IBS” in Pulau Pinang on behalf of Setia Precast Sdn Bhd and S P Setia Berhad respectively.
Setia Precast Sdn Bhd has ventured into supplying ready mix concrete to sub-contractor for the development of Bandar
Setia Alam (BSA) project. The wet plant has started supplying concrete for the NKVE-Jalan Meru Link construction work in BSA
in the middle of March 2004. The dry concrete plant will soon be ready to start operation.
Setia-Wood Industries Sdn. Bhd has been constantly supplying Quality Treated Kempas Timber Roof Truss/Rafter to neighbouring Singapore. These supplies,
which started six months ago has enabled us to establish a good business relationship with our business partner from Singapore,who is very satisfied with out quality truss
Setia-Wood successfully secured a new contract for the supply of Fire Rated Doors with timber frames and specially designed Hard Hollow Core Doors (HHCD) for the An Dong Plaza 2 project in Vietnam. The An Dong Plaza 2 project in Ho Chi Minh comprises a 4 Star Hotel (Windsor Hotel) cum shopping center in Saigon’s Chinatown area. The project is scheduled for completion in August 2004 with the opening of the shopping center floors while the tower hotel floors are expected to be opened in October 2004. The first batch of the materials was shipped
in March with the next two shipments due by end-April and May respectively.
The clinching of this project is testimony to Setia-Wood’s constant quality products standards especially for the fire rated doors which are on par with the BS (British Standard).
Further talks and negotiations are actively underway to secure more projects in Vietnam given that the local economy is picking up. Setia-Wood expects to secure another two new projects set for this year.
rafter deliveries. Another new delivery was recently made in mid-April, 2004.
“The facade of An Dong Plaza in Chinatown, Saigon,Ho Chi Minh City, Vietnam under construction.”
Setia-Wood “Sau Kong Dinner 2003” Celebrating aspecial achievementContinuing with its yearly tradition, Setia-Wood again
celebrated the “Sau Kong” dinner on 16 January 2004. As usual, all the staff, suppliers and sub-contractors were invited to be a part of the merriment. The management wishes to thank the guests for their support and all the hard work shown during the year. As recognisition of the special effort put in during the year, the following staff members were awarded “The Most Improved Employee of the Year 2003”.
1) Durga Bahadur Thapa (Nepalese) from Production Department.2) Tamilcheluan A/L Periasamy from Production Department.3) Mohd Azmi Bin Mohd Mokhtar from Truss Department (Site).4) Kee Woi Nam from Sales and Marketing Department.
Our Group Managing Director Dato’ Sri Liew Kee Sin presenting the award to Durga Bahadu Thapar (Nepalese), one of the Most Improved Employee For The Year 2003.
The management and staff of Setia-Wood gathered at the Legend Hotel on 27 March 2004 for a well-deserved Japanese Buffet Dinner. The celebration was to honour the contribution of the staff for achieving the monthly sales target challenge from the Management. In fact, the result was the best monthly target ever achieved by the company.
En. Othman Jaki posing with our staffat the Setia Precast exhibition booth
Setia-Wood clinch new project in Vietnam
The current launch is for homes located in the neighbourhood parcels themed “The Garden of Splendour”, “The Garden of Enchantment”, “The Dazzling Orchid”, “The Raintree Drive” and “The Creekside Terrace”. Named after exotic plants, the homes in these neighbourhood with lot sizes of 18ft x 65ft, 20ft x 65ft and 20ft x 70ft respectively come equipped with broadband access, single entry access and pre-installed security system.
We look forward to welcome you as part of the Setia Alam community. So, hurry over to visit our expansive Show Village and book your dream units! Please contact Sales and Marketing at 03-3343 2255 for more details.
Setia Duta One Sdn Bhd brings you yet another exclusive, gated community development in the form of Duta Tropika. The resort style sanctuary will sit on 13-acres of freehold land in posh Sri Hartamas.
Blending exquisitely into the tropical context, the architecture incorporates cross-ventillation, large lanais and roof garden, semi outdoor bathrooms and the integration of indoor and outdoor living areas.
Duta Tropika combines resort style facilities with superb security and landscaping. Two housing designs popular in Klang Valley were carefully evolved into tasteful Garden Villas and Courtyard Villas. The top levels of all the units are meticulously planned to appear like Villas on a hillside. Upon completion, the homes will appear like beacons of exclusive high end resort villas on the landscape. (By Ar. Dr Tan Loke Mun, ArchiCentre, March 2004).
While every reasonable care has been taken in preparing this information, the developer and its agent cannot be held responsible for any inaccuracies. All statements are believed to be correct but not to be regarded as elements or representation of fact. Land and floor areas are approximate measurements only.
Garden Villas from RM1.5 millionTerrace Houses • Built up 3,800 sf onwards • 90 units
Courtyard Villas from RM1.8 millionLinked Semi-Detached • Built up 3,600 sf onwards • 48 units
Call������� ����to register NOW!
Targeted LaunchAugust ����
Garden of Enchantment
Garden of Splendour
Pocket Gardens
Dazzling Orchid
Precinct 8
Setia Alam is truly a township nestled within Nature’s embrace. Its unique essence is expressed through the motto “In Touch with Nature”, where Man and Nature is envisioned to co-exist in serenity and splendid harmony.
This 2,500-acre vibrant yet tranquil township is characterised by flowing streams and graceful water bodies which create an ambience of calm and serenity while lush tropical flora & fauna opens into wide open communal spaces.
The central townpark, spanning 55-acre will occupy pride of place in the township. This lush green lung will feature an amphitheatre, a huge football field, palm-lined boulevard, landscaped marshes, riverbank walkway and Balinese-themed fountains. The nature-rich township will have a total of eight extensively landscaped residential Precincts cradled within verdant greenery and flowering shrubs. Each neighbourhood comes with a “village green” and “pocket gardens” providing open communal spaces and public amenities such as a playground, community building, surau and kindergarten all linked by ''green fingers'' or strips of green spaces.
The first launch of Setia Alam consists of housing products in Precinct 8 located on the southern flank of the township. To live up to its name, each neighbourhood parcel is grouped according to different themes.
Various appealing home designs displayed at the show village.
Children's playground.
Fountain Station in the Townpark.
Watch Tower at the Townpark.Lush greenery in the Townpark.
Amphitheatre in the Townpark.
Palm-lined Boulevard in the Townpark.
propertyupdate
Setia Eco-Park promises top qualityliving for discerning individuals
Indah Villa - A sanctuary to your heart's desire
On 13 November 2003, S P Setia together with Employees Provident Fund and Great Eastern entered into a joint-venture arrangement to jointly develop Setia Eco-Park (“Eco-Park”).
The Eco-Park is located on the eastern flank of Bandar Setia Alam lands with an approximate area of 791 acres. The Eco-Park is planned to have approximately 2,900 residential units comprising mainly of semi-detached houses and bungalows.
Eco-Park promises to be a top quality living
environment offering a number of distinct advantages from strategic, easily accessible location to verdant natural settings, gated and secured living with exclusive lifestyles. The Eco-Park is targeted to be launched in mid-2004 with the initial sales of bungalow lots ranging from 8,300 sq ft. For further enquiries of the Eco-Park, do contact the sales and marketing team at 03-3343 2255.
We are currently constructing our show village. When ready we will display up to 16 units of semi detached and bungalows!
Officially launched in March 2004, Indah Villa is the ultimate low density gated and guarded residential enclave in Johor Bahru.
Indah Villa perfectly balances the tropical resort lifestyle with the need for security and privacy. It is graced by the beauty of a tropical setting in a 28 acre freehold land with well-landscaped environment. Also, enhanced by the up-to-the-minute facilities of a self-contained township and secured by perimeter fencing, state-of-the-art security features and round-the-clock security patrols.
The first launching of its 16 units bungalows was met with an overwhelming response. An additional 44 semi-detached priced from RM478,800 have been released to date. A standard unit offers a land area of 35’ x 85’ with a built-up area of 2,431 sq. ft.
The tastefully designed homes portray a unique architectural design for superior comfort and practicality.
For further assistance, please contact Grace or Marina at 07-3512255 or visit our website @ www.setiahomes.com
The show village almost ready to greet visitors by June 2004.
Quality homes basked in the splendours of natureWhat makes these two houses special, worthyof your immediate attention, is the amount of experience and know-how that have gone intoheir design and layout.
Both are meticulously designed to give you afeel of elegance, spaciousness and practicality. Features such as double parking car porch, fully-tiled floors and brighter interiors have captured the hearts of many would-be purchasers. And the price is considered to be unbelievably affordable.
AUGUSTA 1 • Double Storey Terrace House• Land area : 20’x70’• Built-up area : 1,713 sq.ft.• Price : RM198,800
INDAH SINAR• Double Storey Terrace House• Land area : 18’x 65'• Built-up area : 1,330 sq.ft.• Price : RM169,800
BUMI-
RELEASE UNIT
ERAMAS 1 22’x75’ Single Storey Shop
CONSTRUCTION
IN PROGRESS
SETIABUDI 1 22’x65’ Single Storey Terrace House
ROCHESTER24’x75’ Single Storey Terrace House
CONSTRUCTION
IN PROGRESS
leisureupdate SSRC bids farewell to its president
Great fun at dart throwing competition
SSRC held a farewell party for Mr Lai Chong Haur, our past president on 9 March 2004 in appreciation of his contributions to the company as well as the club. While we parted with heavy hearts, we were also happy to see him off to greener pastures. Everyone was in a jovial mood as we
chatted and joked in fond remembrance of the great times we had while tucking into the tasty food. Mr Lee Kee Meng, our current Acting President of SSRC also presented a small parting gift to Mr Lai as a gesture of thanks for his effort in leading the club over the years.
The 1st Inter-Division Dart Competition was successfully held at Setia-Wood premise in Rawang on 25 April 2004. Congratulations to the Setia Precast and Construction Team which was crowned Champion of the Competition. The 1st Runner-Up was team Estate Management/ Security Services/ GQCC/IBD/CCD/GIA and second place went to our gracious host, team Setia-Wood
and Infrastructure. Meanwhile, the best male player title went to En Abdul Latif Mohd Hassan (Estate Management) while the best female player was Cik Siti Mariam (Bukit Indah Johor). The deft moves by the dart throwers and the crowd of supporters during the Competition are surely signs that the fun game is fast catching up as a favourite among Setia staff.
Futsal fun at Kelab Indah tournamentThe futsal tournament for 19 years old and below which was held for the second time this year has gathered 23 teams. The ever-enthusiastic teams came in their full soccer gear and headed straight for the football pitch to first watch a demonstration by Kelab Indah's soccer team. Shortly, the tournament started at 9.00 am with each team displaying their best shot at
the pitch as the cheering crowd shouted their favourite team names. The slight drizzle over the late afternoon did not deter the winning teams from taking home cash prizes worth over RM500 and trophies. The tournament ended on a happy note for the soccer teams with Kelab Indah promising to make this event an annual affair.
Staying healthy in body, mind & spiritKelab Indah recently organised a Yoga & Fitness Programme at the club's lobby area. Many members as well as the public turned up to catch the fitness angels (as they call themselves) demonstrate the yoga and kickboxing exercises. Certified Fitness Instructor, Ms. Veronica who heads the group shed light on the benefits of doing regular yoga exercises. The yoga classes for women are now on every Friday from 8 pm to 9 pm. Yoga for men will soon commence
on every Wednesday from 8 pm to 9 pm. As for kickboxing exercise, it is a workout that combines aerobics, cardiovascular and body toning. It also improves strength and help tone up the muscles. Classes are scheduled every Wednesday from 9 pm to 10 pm. Interested parties can register for the above classes at the front desk of Kelab Indah.
P U T R A J A Y A
For enquiries call Ms Wei Leng / En. Shahrul / Pn. Emma
The members who climbed to the summit of Mount Kinabalu (4095.20m)1) Mr. Richard Low Dee Hong (SPJ)2) Mr. Steven Ho Kian Heng (Setia Precast)3) Mr. Lee Kee Meng (Setia Precast)4) Mr. Ramesh a/l Subramaniam (Estate Management)5) Ms. Ivy Wong Sook Fun (GQCC)6) Mr. Yon Siok Kwai (Setia Precast)7) Ms. Ding Siock Kee (Setia Wood)8) Ms. Carmen Lam Mun Yee (MIS)9) Ms. Tok Lee Ping (BSA)10) Ms. Tay Yong Chee (MIS)11) Mr. Syed Mohamad Amin (Property Central)12) Ms. Angeline Lim Shok Peng (Setia Precast)
Following members reached a the height as stated:1) Mr. Puspanathan a/l Siniah (3827.30m) (Estate Management)2) Mr. Mahyuddin Khan (3,272.70m) (Setia Precast)3) Mr. Fadzli Bakri (2,890.00m) (Highway)
Magnificent sunset from the peak
The successful team at the summit.
Atap House at cultural village
On the way to Pulau Sapi Unique architecture in KK town
They say, “If you haven’t seen Mt. Kinabalu, you haven’t seen South East Asia”. But, climbing Mt Kinabalu is not an everyday feat of sight seeing! To many, climbing this peak is nothing less than a distant dream. 15 adventurous members of the Setia Sports and Recreation Club made that dream a reality! They risked injury and pride to climb this mountain high.
At first there were hesitations about the cold weather and the hazardous trek. The training itself was daunting for simple office folk like them. Sitting at their desks, drawing up the itinerary all secretly questioned their pursuit. Their world was watching. Could they conquer this peak and live to tell it?
They did more than just that. They proved to themselves that “it is all in your mind”! Some came home with a changed perspective of life, others wore the mask ofoverflowing confidence and yet the rest could not stop talking about their discovery of the breathtaking beauty of this mountain. Yes, indeed,
these people “came, saw and conquered!”
Here are some precious impressions of Mt Kinabalu from of our brave climbers.
Richard Low Dee Hong, Setia Putrajaya, 4095.20m - “Even though I was tired, hungry and cold, the magnificent view of the mountain at Low’s Gully, Kundasang Valley and the rich flora made me forget everything. Words cannot describe it!”
Angeline Lim, Setia Precast, balance 200m – “I had wonderful friends who cared and motivated me along the journey. Mt. KK is a great challenge and the beauty of mother nature is hidden along the mountain.”
Ding Siock Kee, Setia Wood, 4095.20m - “It was my dream to reach the peak…and at last, I did it!”
Tay Yong Chee, MIS, 4095.20m – “Very, very tired but I felt proud that I made it.”
Yon Siok Kwai, Setia Precast, 4095.20m - “Go slowly, step by step, and you will reach the top.”
Carmen Lam, MIS, 4095.20m – “30% physical 70% mental is what I learned throughout the climb…tons of sweat, beautiful scenery, variety of plant species, undeterminable change in weather fills my memories….if you think you BOLEH….you BOLEH!”
Ivy Wong Sook Fun, GQCC, 4095.20m – “This expedition was an eye-opener. Besides beautiful mountains and valleys, I saw poverty and scarcity of resources. I tell myself that I am blessed…I grew much and realised that many things in life are actually achievable if we try harder…..”
Tok Lee Ping, GCF, 4095.20m – “I wished to leave my footprint on Mt Kinabalu…I have. The magnificent view made me realize the beauty of life.”
Steven Ho Kian Heng, Setia Precast, 4095.20m – “In the end, I gained from my suffering!”
Syed Mohamad Amin, Setia Estate Management, 4095.20m – “Alangkah rasa megahnya bila kaki ini berdiri di kemuncak Gunung Kinabalu dalam kedinginan bayu pagi yang menghembus sambil kabus nipis menyelimut tubuh dan melihat keindahan alam persekitaran yang mana tidak semua orang berkesempatan melakukannya.”
leisureupdate
Students prove poverty no barrierto success
National Transplant Resource Centre gets own vehicle
setiacare
Some 155 Setia Adopted Children proved that poverty is no barrier to success when they were feted and rewarded for obtaining outstanding UPSR results at the Annual Excellence Award Night held at the Grand Seasons Hotel on 10 January 2004.
The award ceremony was part of S P Setia Foundation’s effort to give recognition to the students under its Setia Adoption Programme for excelling in last year’s UPSR examination. While no stranger to hardship with many coming from poor or single parent families, their strong determination to succeed spurred them on to overcome obstacles and achieve excellent academic results.
During the ceremony, Foundation Chairman, Tan Sri Lee Lam Thye presented cash prizes and dictionaries to the young beneficiaries from various states who traveled to the city center with their proud parents. “I hope the award and prizes will serve as incentive for the students to study even harder for success as they progress to secondary and even to tertiary education,” he said.
A total of 502 Setia Adopted Children sat for the UPSR examination in 2003 with
the public on the need for organ donation. Previously, the Centre needed to share usage of vehicles with the Kuala Lumpur Hospital each time it wanted to carry out its own activities.
Foundation trustee Tan Sri Zaki Tun Azmi presented a giant mock key to the van to the Kuala Lumpur Hospital director, Dr. Hj. Jalal Halil Khalil at the hand-over ceremony held at the hospital’s premise.
The National Transplant Resource Centre based in the Kuala Lumpur Hospital recently received a brand new Nissan Vanette C22 van sponsored by the S P Setia Foundation. The van will be used as the official vehicle of the Centre to carry out organ donation awareness and promotional campaigns to encourage more people to register as organ pledgers.
Having its own van will give the Centre a big boost in meeting its objectives to educate
about 15% achieving excellent results. Of the 155 rewarded, 74 straight A scorers received the Excellent Award while 81 recipients took home the Achievement Award. All were given RM200 cash prize and a dictionary. Meanwhile, the Achievement Award recognises students who have shown marked improvement in their examination results with cash prize of RM50 and a dictionary.
During the ceremony, Appreciation Award was also presented to schools with the best academic performance and have given firm support to the Adoption Programme. Meanwhile, 17 individuals, comprising teacher and headmasters were also recognised for their generous support and dedicated contributions towards the success of the Adoption Programme.
Writing effectively in the business environment
3-Day Induction Program
Group Human Resources through its Training Department has successfully organized the 1st Writing Effectively in the Business Environment Training in Sheraton Subang Hotel & Towers on 7 and 14 February 2004. A total of 24 staff attended the program and each of the participants has been taught the importance of professional corporate image, to produce grammatically correct sentences and also to develop crucial communication skills to successfully transmit messages at all levels for better co-operation with colleagues and clients.
At the end of every quarter, new employees are invited to attend a New Employee Induction Program.
The 1st Batch was completed from 23 to 25 March 2004 and followed by the 2nd Batch on 28 and 29 April 2004.
This is a 3-Day program which focuses on Personal Excellence and Team Excellence for the first 2 days. On Day 3, new employees were briefed on the company’s back ground, history, business directions, cultures & values, policies & procedures and performance expectations were set. The purpose of the program is to help new employees settle in and start out on a confident note.
Tan Sri Lee Lam Thye congratulating the awardrecipients. Looking on is Tan Sri Zaki
and Dato' Sri Liew Kee Sin
Tan Sri Zaki presenting the giant mock keyfor the van to Dr. Hj Jalal Halil Khalil
STAFF WEDDING LIST
NEW BORN LIST
NAME DIVISION DATE
Mohd Zamri bin Pohmo Infrastructure 13 March 2004 Mohd Rashid bin Udin Setia-Wood 16 March 2004Nordin bin Mamat Security Services, SIJ 2 May 2004
S P Setia Project Management Sdn Bhd
William A/L J.Rachaganathan General ManagerYong Hock Yin Head Of DepartmentGan Nean Peng ManagerHoh Hee Mee ManagerAlbert Tan Joo Hong Corporate TrainerLok Ting Yeen Assistant ManagerChooi Mong Sze Assistant ManagerChin Khian Huat Senior OfficerTiong Siow Yin OfficerA.S.Pathenebai A/P A.V.Selvarangam OfficerMohd Bakri bin Rahmat Liaison OfficerKhoo Lily Acccount Assistant
S P Setia Construction Sdn Bhd
Shiu Mei Ping Senior OfficerChin Li Vun Site SupervisorMaligga A/P Ramudu Clerk / Receptionist
S P Setia Berhad
Wan Siok Theng Officer S P Setia Technology Sdn Bhd
Muliani binti Mokhtar Admin. Assistant
S P Setia Estate Management Sdn Bhd
Noorzilawati binti Kamaruddin General ClerkNg Kim Choo General ClerkZuraida binti Haji Junus General ClerkPavenjit Kaur A/P Sarjit Singh General Clerk
Setia-Wood Industries Sdn Bhd
Nor Hafizah binti Nor Hamid Technical DesignerMohd Nazri Ng Bin Abdullah Assistant SupervisorLetchumy A/P Danapal General WorkerSitha Letchumy A/P Santhiram General WorkerBala A/L Subramaniam General Worker
S P Setia Eco-Project Management Sdn Bhd
Koay Jin Nee Finance OfficerAbdul Rashid bin Karani bin Yusoff Officer
Zairani binti Kasran Property South, SIJ 8 Feb 2004 GirlTang Dee Leng S P Setia Foundation 28 April 2004 GirlZarina binti Hashim Bandar Setia Alam 30 April 2004 Girl
charityupdate
S P Setia Foundation to stage biggest ever musical to raise funds
from front pg
The Annual S P Setia Foundation Charity Dinner 2004 is back again in the true spirit of sharing and giving. This year, we target to raise a grand sum of RM5 million to fund more meaningful charitable projects. We are proud to have the support of YAB Dato’ Sri Mohd Najib Tun Razak, Deputy Prime Minister of Malaysia and wife YABhg Datin Sri Rosmah Mansor who will grace the glittery event as our Guests of Honour.
The star performance is a rock n roll themed in-house musical production titled “Kampong 50’s Magic” presented by 80 multi-talented staff of S P Setia Berhad Group. The musical promises to be the
biggest and most elaborate ever which will be staged in the gigantic Sunway Pyramid Convention Centre on 3 July 2004 at 7.00 p.m.
The cast is already hard at practice to further raise the high performance standards which has now become a trademark of all Setia musical shows. Guests and donors can expect a night of feet-tapping sensational entertainment all round in the good name of charity. To our ever-generous donor, once again, we look forward to your kind support to make this event another memorable success.
The colourfully decorated carnival grounds. Acrobaatic clown show.
The huge crowd at the sales office.
Free helicopter rides for purchasers.
Little princess looking pretty in frilly dresses.
Talented staff hard at practice.
The Menteri Besar was also accompanied on a ttour of the Setia Alam ‘Show Village’ which currently showwcases22 completed homes of various sizes and designss whichare available for sale to the public.
Meanwhile, the enthusiastic visitors were keptentertained throughout the day with an arrray of interesting activities including helicopter rides forr housepurchasers and various acrobatic and cultural danceperformances.
Children too had a field day joining in the fun-packed activities such as pony rides, petting zoo featuring exotic birds, clown and magic shows, colouring contests and various fun-fair games stalls manned by our staff.
The food counter, manned by friendly staff of S P Setia also provided a constant free-flow of delicious refreshments to keep hunger pangs away and adrenaline levels high. Pony ride thrills for the kids.
