CORPORATE

Tiger Synergy Berhad ("TSB") was incorporated on 2nd December 1994. The principal activity of TSB is investment holdings. As at 15th May 2020, the authorised issued capital share capital of TSB is RM239,108,340.70.
 
The company's core businesses are in the property development and construction industry and wood base manufacturing and trading. In accord with the director's vision and confidence in future business opportunities, the company had charted a course for gradual future expansion.
 
TSB under its subsidiaries is led by an experience, capable and dynamic management team, which includes qualified professionals. Some of the Directors and Senior Management of the company has more than 15 years of 'hands-on' experience in Property Development and Construction Industry and Manufacturing and Trading Industry. With their vast experience and knowledge, the company is viewing for continuous success and significant expansion for development and construction and manufacturing.
 
Moving forward, the board envisaged higher revenue contribution for the property development segment as compared to the manufacturing and trading of the wood based products. The outlook for the property section is expected to be performing better as there is a growing demand for residential and commercial properties. The Group will source for land banks and joint-venture opportunities to further expand its property development segment. Going forward the group will continue to seek further enhancements in processes to improve operational efficiency, productivity and product quality with the view to reduce the overall cost and increase the profit margins in the manufacturing section. The Group intends to streamline and reforms on its activities in the timber log trading by looking and seeking for timber concession which will attribute profits to the Group where there are prospects for further growth.
 
The Group would continue with its rationalization exercise of its manufacturing and its log trading activity to future streamline its operations in managing this challenging operation environment and mitigating any potential adverse effect.
 
 

CORPORATE SOCIAL RESPONSIBILITY
 
We believe in creating a positive and enduring social impact through our Corporate Social Responsibility (CSR) initiatives that support our business, our people and the communities in which we operate. Through the years, these core commitments have been nurtured and extended to encompass the pillars of Workplace, Community, Environment and Marketplace, to ensure the continued wellbeing and sustainability of the community we serve.

 
 
COMMUNITY
 
Our primary vehicle for engaging with our communities is through charitable organisations that help those in need throughout our communities. Within a broad range of our community engagements, we focus on the education of today¡¯s youth and providing financial and practical support to targeted local and communities, through donation, sponsorship, and voluntary activities. Through our philanthropic contributions, we continue to champion various efforts deserving support. This involved various organizations and charitable bodies that truly deserve it. We believe that in giving back is when we truly received. During the financial year ended 31/12/2019, the Group has contributed and donated to the following charitable organisations, association and schools:-

 
 
THE MARKET PLACE
 
We conduct regular engagement with shareholders, institutional investors and the investing public via active and open channel of communication to convey the Group' performance and position. The Annual General Meeting and subsequent media press conference ensures that shareholders are provided with details of TSB' financial performance and the latest corporate and property developments of the Group. This is substantiated with the release of quarterly financial announcements, corporate announcements, annual reports, circulars and press releases. With this, it enables our shareholders and investor communities make more informed investment decisions, thus sustaining and enhancing shareholders' value. In addition, TSB will conscientiously build quality homes for all range of income levels of the community ranging from low-cost apartments to luxury condominium, affordable homes to semi-detached houses and high-end bungalows in our developments.

 
 
ENVIRONMENT
 
At Tiger, we view our role as a developer of living spaces, lives, and communities. We are committed to protecting and conserving the environment that our business operates in. Initiatives have been taken to develop buildings which comply with the guidelines set by the local building authorities. We adopt strategies that are socially responsible by incorporating more greenery, landscaping, better facilities and innovative house design into our projects to improve the quality of the environment. We endeavor to create an inclusive built-environment that serves the need of all age groups and people with different abilities, allowing for independent and equitable access and use. We are guided by our philosophy to care for and contribute to the economic, environmental, and social development of the communities. In conceptualising our developments, we create value by balancing economic objectives with the needs for environmental sustainability, and universal design considerations.

	Water Management and Efficiency
Our developments are designed with a strong focus on water sustainability throughout the lifecycle of the asset. We will further enhance the water management by adopting new technologies and solutions to raise water efficiency such as rainwater harvesting at residential and commercial developments. To reduce fresh water consumption at construction site, the Group increases the reuse and recycling of wastewater. ¡¡
	Energy
Our developments integrate energy-efficient designs such as natural ventilation induced to all spaces to encourage reduced air-con use for healthier lifestyle, large over-hang shading elements that allow diffused natural light to enter all spaces thus reducing reliance on artificial light and energy consumption. ¡¡
	Materials supply
Tiger has a strong track record in supply chain management by engaging contractors and consultants that abide to its ethos of ¡®Conserving as we Construct¡¯. It has built a supply chain that shares Tiger¡¯s firm commitment to EHS (Environment, health and safety) through Tiger¡¯s EHS Management that clearly state the requirement for the selection of products through sustainable sourcing. Their support has helped Tiger adapts effectively to challenges posed by climate change or shortage of resources, for longterm business sustainability. ¡¡
	Environmental Awareness Activities
The Group has always been mindful of the way of its operations and business activities impact the environment. As such, the Group is always open to new ideas, techniques and technologies that can help enhance its entire value chain from an eco-friendly perspective. Our employees and contractors also have an integral role to play in the Group¡¯s efforts to be ¡®green¡¯. A culture is embedded among our employees and contractors for the conservation of electricity, water and paper during the day to day operations. Employees at Tiger are also encouraged to share ideas and suggestions on ways to save energy and safeguard our environment. Furthermore, Tiger seeks to reduce the impact on the environment by monitoring and reducing carbon footprint, waste, emissions and environment risks.

 
 
HUMAN CAPITAL
 
It is at the core of our value system to ensure the wellbeing of our team. Held together with a corporate and united vision, the Tiger team evidently strives together to ensure growth and development of the company, and each other.

Tiger¡¯s talented and varied people are our strongest resource. Through our Core Values, there has been a focus on providing a healthy and supportive working environment for all of our employees. We believe that an ethical and professional working environment is crucial in cultivating a corporate culture which motivates and empowers our employees to meet their full potential both professionally and personally. We advocate lifelong learning and seek to develop our employees¡¯ capabilities to their potential so that they can grow together with the Company. Employees have been encouraged to sign up for relevant training courses to hone and sharpen their skills, knowledge and competencies.

	Remuneration
We place a strong emphasis on having a performance based remuneration framework that is competitive and flexible to company, market and industry changes. Salary benchmarking with the market and within the industry is conducted regularly to ensure competitiveness of remuneration and benefits. ¡¡
	Harmony Work Place
The Group continuously reviews on the working environment, staff development, staff benefits and welfare. Monthly management meetings are held to discuss current affairs of the Group; management¡¯s decisions are then disseminated to staff via issuance of circulars, memorandum or other means to keep them well informed. Recruitment of staff workforce is made based on candidates¡¯ competency, knowledge, skills, experience and attitude. Tiger is committed to provide an environment where all staff, regardless of age, gender, ethnicity, race and religion has equal opportunity to work and grow together. ¡¡
	Safety and Health (¡°SH¡±)
The safety, health and wellness of employees and contractors¡¯ workers may affect work performance and productivity, therefore safety and health are fundamental in sustaining our human capital. Workplace safety is paramount to our employees, particularly in the construction sites. We are committed to Workplace Safety and Health (WSH) and take every precaution to prevent occupational injuries among employees. We believe that optimum work conditions not only make our employees safer, but also boost morale. We have worked extremely hard to ensure that all our contractors, suppliers and partners share our commitment to promoting safe and healthy work practices.

 
 
SUSTAINABLE FUTURE
 
The Group recognises the importance of business sustainability and will continue to reassessing its current operations and reviewing its performance in another essential perspective. We continue to refine our management approach to adapt to the changing business and sustainability landscape. As the Group commits itself in balancing good Economic performance with responsible Environmental and Social considerations, the Group will ensure that the notion of sustainability be embedded within our organisation as an important corporate culture. We will be looking forward to further seek enhancement opportunities and mitigate foreseeable risks in delivering true and sustainable value for our stakeholders. This will be our long term commitment in recognising the need of a sustainable future.