Industrial Relation

Existing Projects

Future Projects

Completed Projects

Announcements

Financial Highlights

For the financial year ended 31 January 2005, the Group’s revenue rose to RM1,002.1 million from RM912.0 million in the preceding year. Group pretax profit increased to RM130.7 million from RM71.1 million. However, because of the larger number of shares, net earning per share declined to 15.8 sen from 18.3 sen previously.

The results are not directly comparable to that of the previous financial year because the merger and rationalization exercise with Europlus Berhad was completed in November 2003. Financial position too has improved with net gearing (net of cash including ABS and Sukuk) declining to 0.91 times in the financial year ended 31 January 2005 from 1.14 times previously.

The Board is pleased to recommend a final dividend of 4%, less 28% income tax, for the current financial year.


	2005 RM'000	2004 RM'000	2003 RM'000	2002 RM'000	2001 RM'000

GROUP

Property, plant and equipment	252,852	275,225	287,439	292,571	231,110
Shareholders' Fund	1,081,574	1,006,018	575,137	545,414	519,497
Revenue	1,002,052	911,985	897,003	772,529	567,373
Profit before taxation	130,746	71,099	58,333	45,891	53,279
Earnings per share (sen)	15.83	18.29	16.02	12.05	12.21

COMPANY

Property, plant and equipment	2,937	2,733	2,685	6,644	6,358
Shareholders' Fund	798,104	805,857	401,007	396,844	392,201
Revenue	12,626	66,384	55,774	53,128	53,515
Profit before taxation	12,033	35,609	15,804	11,184	6,824

Annual Reports

Talam Annual Report 2005 (PDF Format):

Page Cover

Page 1- 40

Page 41 - 166

Bursa Malaysia Announcements

Talam

Talam (History)

Kumpulan Europlus Berhad

Kumpulan Europlus Berhad (History)

Talam Flagship Project

EXISTING PROJECT AND DEVELOPMENT

1. Taman Puncak Jalil (Formerly known as Bandar Seri Bukit Jalil)
Taman Puncak Jalil, a 801 acres leasehold land, is located next to Technology Park along Sungai Besi, Puchong road. Adjacent developments are Lestari Perdana on the southest, Taman Equine on the south, Bandar Kinrara on the northwest and Bukit Jalil Sports Complex on the north.
The development, which is undertaken by Maxisegar Sdn Bhd, a wholly-owned subsidiary of Talam, is an integrated and self-contained township comprising 13,964 units of residential and commercial properties. This strategically located project has attracted strong interest from the public. The Gross Development Value of Taman Puncak Jalil estimated to be about RM2.20 billion with an expected development period of eight (8) years. The project was first launched in June 2001 and as at 31 January 2005, the project has recorded sales of 8,988 units valued at RM1.67 billion.

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2. Saujana Damansara
Saujana Damansara is another flagship project of Maxisegar Sdn Bhd, located adjacent to Damansara Damai and opposite Sierramas in Sungai Buloh. Saujana Damansara is planned with mixed residential housing and commercial development on approximately 106 acres leasehold land with a total Gross Development Value of RM409.0 million. Since its first launch in August 2001, a total of 1,500 units properties valued at RM396.0 million were sold as at 31 January 2005.

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3. Ukay Perdana
Ukay Perdana is a mixed development project located at 7th mile off Jalan Ulu Klang in the vicinity of Bukit Antarabangsa and Taman Ukay undertaken by Ukay Land Sdn Bhd. It is approximately 14.4 km north-east of Kuala Lumpur City Centre, which is about 15 minutes drive north-east of Kuala Lumpur City Centre via elevated highway. The project is situated on 345 acres of converted leasehold land which is being developed by Ukay Land Sdn Bhd, a 99.999%-owned subsidiary of Talam.

The Development involves the construction of 5,579 units of residential and 871 units of shop office with an expected Gross Development Value of RM942.0 million. As at 31 January 2005, a total of 6,113 units of properties valued at RM843.0 million were sold.

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4. Sierra Ukay
Sierra Ukay is a mixed development project undertaken by Terang Tanah Sdn Bhd. The project measures 90 acres and is located in Mukim Ulu Kelang adjacent to the existing Ukay Perdana. The Gross Development Value of Sierra Ukay estimated to be RM320 million and is expected to implement over a period of 4 years. Launched in January 2005, Sierra Ukay has achieved sales of 100 units value at RM28.01 million as at 31 January 2005.

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5. Lestari Puchong
Lestari Puchong is a project undertaken by Lestari Puchong Sdn Bhd, a 99.999%-owned subsidiary of Talam. The proposed site is located off Jalan Akademi Putra, approximately 1.2 kilometers from Persimpangan Serdang Exit No. 1123, in the vicinity of Seri Kembangan, Selangor. The site is easily accessible from Kuala Lumpur-Seremban Highway via Jalan Sungai Besi and strategically located to the north of University Putra Malaysia research centre.

Lestari Puchong is a mixed development comprising 8,669 units of residential properties, and 306 units of commercial properties. With an estimated Gross Development Value of RM1.1 billion, Lestari Puchong is expected to span over a development period of eight (8) years. Launched in March 2001, Lestari Puchong has achieved sales of 4,574 units valued at RM690.4 million as at 31 January 2005.

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6. Kinrara section 3
Kinrara Section 3 is a project undertaken by Sentosa Restu (M) Sdn Bhd, a 99.999%-owned subsidiary of Talam. The project is located on 43 acres of land in the Daerah of Petaling, opposite of the Kinrara Army Camp. The proposed development which is expected to complete by the year 2006, consists of 2,790 units of residential properties, 425 units of shop offices, and a commercial complex. It was first launched in 1999 with an estimated Gross Development Value of RM496.4 million. As at 31 January 2005, Kinrara Section 3 has achieved a sales of RM409.3 million representing 3,128 units sold.

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7. Bukit Pandan
The development of Bukit Pandan by Mudi Angkasa Development Sdn Bhd, a 51%-owned subsidiary of Talam consists of low, medium and high cost apartment, shop/apartments and terrace houses on a 32.16 acres of leasehold land located in Cheras, Mukim Ampang, Hulu Langat District. It is expected to generate a Gross Development Value of RM92.8 million. Launched in June 2001, Bukit Pandan had contributed locked in sales of RM92.71 million (representing 846 units sold) as at 31 January 2005.

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8. Jalil Heights
Jalil Heights is located on a 31.4 acres leasehold land in Mukim of Petaling, Petaling District within the development known as Lestari Perdana. It is earmarked for the development of 284 units semidetached houses undertaken by Abra Development Sdn Bhd, a wholly owned subsidiary of Talam. The project will generate a Gross Development Value of RM116.0 million. Since its first launch in September 2001, Jalil Heights has recorded sales of RM86.5 million (representing 215 units sold) as at 31 January 2005.

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9. Saujana Puchong
Saujana Puchong is a development undertaken by Expand Factor Sdn Bhd, a wholly-owned subsidiary of Talam, on approximately 423 acres of 99 years leasehold land in the Petaling District. The project site is located in the growth area of Puchong and is easily accessible via Lebuhraya Damansara Puchong and the Kuala Lumpur-Seremban Highway through the Serdang-Puchong dual carriageway that links Jalan Puchong to Serdang.

The entire development comprises 9,193 units of terrace houses, apartments and shop lots, which upon completion, are expected to generate a Gross Development Value of RM697.4 million. As at 31 January 2005, the project has recorded sales of 4,360 units valued at RM620.0 million.

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10. Danau Putra
Danau Putra is a mixed development undertaken by Cekap Mesra Development Sdn Bhd, a subsidiary of Talam, on approximately 417.34 acres of 99 years leasehold land in the Mukim of Dengkil, District of Sepang, within the Multimedia Super Corridor.

Danau Putra is planned for mixed development of medium low cost apartment, cluster bungalows and shop/apartments with a Gross Development value of RM788.0 million. Launched in August 1998, Danau Putra has achieved sales 3,870 units at RM359.0 million as at 31 January 2005.

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11. Putra Perdana
Putra Perdana is a project undertaken by Kenshine Corporation Sdn Bhd, a 99.999%-owned subsidiary of Talam, situated on 600 acres of converted leasehold land, the project is located on the southern side of Puchong-Kajang trunk road, 5 km from Batu 14 Puchong, within Cyberjaya and adjacent to the Multimedia Super Corridor, 5 km west of Putrajaya and 13 km north of the Kuala Lumpur International Airport.

With an expected Gross Development Value of RM2.0 billion, Putra Perdana will consist of residential houses, apartments, shop offices, commercial complex, exhibition center, theme garden, hotel and service apartments. As at 31 January 2005, the project has recorded sales of 7,813 units valued at RM834.8 million.

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12. Saujana Selayang
Saujana Selayang is a project undertaken by Abra Development Sdn Bhd covers an area of approximately 25 acres of 99 years leasehold land in the Mukim of Rawang. It offers affordable bungalow, semidetached and terrace houses located within an exclusive residential precinct which is easily accessible via Middle Ring Road II and the Jalan Ipoh-Rawang trunk road. The project is expected to generate a Gross Development Value of RM41.0 million. Launched in November 2000, Saujana Selayang has recorded locked in sales of RM44.1 million as at 31 January 2005.

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13. Saujana Putra
Saujana Putra is a project undertaken by Galian Juta Sdn Bhd, a whollyowned subsidiary of Talam measuring about 200 acres in size, is located opposite Putra Heights in Mukim Tanjung Duabelas, Kuala Langat District. With a proposed development comprising low to medium cost apartments and medium cost terrace house, it will generate a Gross Development Value of RM351.2 million over a development life span of six (6) to seven (7) years. Launched in March 2003, Suajana Putra has achieved sales of 498 units valued at RM69.9 million as at 31 January 2005.

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14. Lestari Permai
Lestari Permai is situated on approx 76.01 acres of 99 years leasehold land and located opposite the Putrajaya Gate 2 entrance. Undertaken by Europlus Construction Sdn Bhd, a 99.999%-owned subsidiary of Talam. The project will be accessible via Lebuhraya Damansara Puchong, Puchong-Serdang bypass, and Jalan Puchong. The proposed development comprises 1,004 units of residential houses and 24 units of double storey shop and 7 units of low cost shop.

With Gross Development Value of RM123.0 million, Lestari Permai was launched in March 2003 and has achieved sales of 561 units valued at RM79.5 million as at 31 January 2005.

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15. Bukit Sentosa
Bukit Sentosa I, II & III form an integrated township covering approximately 2,411 acres of freehold land in the Mukim of Serendah, approximately 47 km north of Kuala Lumpur. It is easily accessible through the North-South Expressway and exit at Bukit Beruntung Interchange. The comprehensive new township comprises a mixed development of residential, commercial and industrial properties.

Bukit Sentosa I, which is being developed by Talam Industries Sdn Bhd, is planned for mixed development comprising 9,573 units of terrace house, apartments and shoplots. Launched in September 1999, the project has generated total sales of RM707.1 million as at 31 January 2005.

The development of Bukit Sentosa II is being undertaken by Noble Rights Sdn Bhd, a 60% subsidiary of Talam. Bukit Sentosa II is planned for mixed development comprising 6,919 units of terrace house, apartments and shoplots. Launched in April 2001, Bukit Sentosa II has generated total sales of RM520.2 million as at 31 January 2005.

Bukit Sentosa III, covering 1,010 acres of freehold land, is developed by Maxisegar Sdn Bhd. It is planned for a mixed development of 17,528 units of terrace houses, apartments and shoplots, with a Gross Development Value of RM1.0 billion. Launched in March 1997, Bukit Sentosa III has achieved a total sales of RM639.0 million (or 7,690 units sold) as at 31 January 2005.

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16. Bandar Bukit Beruntung
Bandar Bukit Beruntung, a converted 5,500 acres of freehold land is located north-west of Rawang, approximately 40 km from Kuala Lumpur. It is undertaken by Europlus Corporation Sdn Bhd, a 99.999%- owned subsidiary of Talam. The mega township which is marketed as the “2nd Petaling Jaya” has a golf resort, country homes, campus, industrial, commercial and housing units with an expected Gross Development Value of RM5.2 billion. The development of the entire township is expected to span another 13 years to the year 2015. The proposed development involves the construction of 27,000 units of residential, 2,400 units of industrial lots/factories and 3,900 units of shop office/apartments.

Launched in late 1991, this project has achieved a total sale value of RM1.56 billion representing 13,871 units as at 31 January 2005.

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17. Bukit Beruntung III
Bukit Beruntung III is a mixed development project undertaken by Perwira Indra Sakti Sdn Bhd, a 99.999%-owned subsidiary of Talam. The project consists of mixed residential, industrial and commercial development with an expected Gross Development Value of RM1.3 billion. It is located adjacent to the east of Bandar Bukit Beruntung within Bukit Beruntung Township off the East Side of the North- South Expressway, some 50 km due north of Kuala Lumpur City Centre.

With a converted 717 acres of freehold land, Bukit Beruntung III involves the construction of 8,619 units of residential and 981 units of industrial and commercial development. The entire project is expected to complete by the year 2010. Launched in June 1997, a total sales value of RM242.0 million was recorded (representing 2,999 units sold) as at 31 January 2005.

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18. Prima Beruntung
Prima Beruntung is a converted 250 acres of freehold land planned for with mixed development. A project launched by Euoplus Berhad since 1996, Prima Beruntung is seen as an extension of the Bandar Bukit Beruntung project due to its proximity to Europlus Berhad. With an estimated Gross Development Value of RM270.7 million, Prima Beruntung has achieved a total sales of RM165.8 million (representing 1,810 units sold) as at 31 January 2005.

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19. Pulau Melaka
Pulau Melaka, Malaysia’s first “Twin Island City Centre”, is undertaken by Pulau Kembar Sdn Bhd. A 98.999%-owned subsidiary of Talam. This waterfront development project involves the reclamation of two islands, approximately 0.5 km off the coast of Malacca new town centre measuring 40ha and 50ha respectively. The reclamation of the first island of 40ha and a 30m bridge linking to the mainland had been completed.

Pulau Melaka development will comprise 4,387 units of residential and 4,180 units of mixed commercial development together with leisure-cum-tourism amenities such as marine theme park, marina, hotels and waterfront activities. With an estimated Gross Development Value of RM1.46 billion, the project has recorded sales of RM195.3 million representing 1,419 units sold as at 31 January 2005.

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FUTURE PROJECT AND DEVELOPMENT

1. Shah Alam 2 (Berjuntai Bistari Land)
The proposed Shah Alam 2 covering 3,000 acres is located adjacent to the Universiti Industri Selangor (“UNISEL”) campus about 44 km from the towns of Batang Kali and Kuala Selangor, 30 km from Rawang and 20 km from Bukit Beruntung. While the current access to the site is by the coastal road passing by Kuala Selangor or the trunk road from Rawang, Shah Alam 2 will eventually be reached by a 10 km proposed road from the Bukit Beruntung Interchange off the North- South Highway, to be constructed by Maxisegar Sdn Bhd.

Berjuntai Bistari is to be developed over 15 years and will comprise approximately 37,000 units of residential and commercial properties with an estimated Gross Development Value of RM3.9 billion.

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2. Sepang Land
The Sepang Land measuring 800 acres is located in Brookland Estate, Sepang and it is approximately 10 km from the site of the Kuala Lumpur International Airport at Sepang. Talam intends to develop the said land into 15,448 units of mixed development of which 80% are low, low medium and medium cost houses. The entire development is expected to generate total sales value of RM910.0 million.

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