About Us Our Core ValuesAbout Hua Yang About Hua Yang

The smallest details get our full attention as we develop homes that

owners can be proud of

Provide affordable housing for a developing nation

• Empower Malaysians to achieve their dream homes• Protect and enhance the interest of our stakeholders• Ensure quality in our products and performance

Hua Yang aspiresto offer quality and

reliable homes

Performingefficientlyisnot a goal nor mission,

it is our culture

Providing Malaysians withaffordable homes is our

pioneering vision

We strive to do our best inbuilding homes that meetthe needs of Malaysians

Sustainability is keyin building a home

for generations

DEPENDABLE

Our Vision

Our Mission

RELIABLE EFFICIENT

AFFORDABLE MOTIVATED SUSTAINABLE

HuaYangBerhadhascomealongwayfromitsfirsteightfour-storeyshopsatJalanGopeng, Ipoh. Today, the Group consistently delivers quality, affordable, integrated townships, high-rise residential projects and commercial lots across the nation.

With over 20,549 properties worth RM4.8 billion completed across the nation, theGrouphashonedand refined itsskills in identifyingareaswithinestablishedand thriving districts to successfully introduce its concept of affordable lifestyle accommodation. Hua Yang currently has developments in Klang Valley, Johor, Perak, Negeri Sembilan, and Penang and is recognised as one of nation’s leading property developers in the affordable home segment. This is a testament to the Group’s dedicated workforce and the close rapport Hua Yang has built with its customers.

Through this journey, the Group’s vision has remained the same – to be steadfast in its commitment to make dreams of affordable home ownership a reality. Looking ahead, the Group aims to stay ahead of the curve by embracing a digitalised transformation, migrating its operations online, and allowing Hua Yang to increase productivityandefficiency.

Regardless of the future ahead, the Group will continue on a steady path, to create value and drive excellence in all it does.

Hua Yang Berhad - Annual Report 2020 Hua Yang Berhad - Annual Report 2020002 003

____________________________________________________________________Board of Directors

Tan Sri Dato’ Seri Dr. Ting Chew PehChairman / Independent Non-Executive Director

Ho Wen Yan ChiefExecutiveOfficer/ExecutiveDirector

Dato’ Tan Bing Hua Senior Independent Non-Executive Director

Chew Po Sim Non-Independent Non-Executive Director

Chew Hoe Soon Non-Independent Non-Executive Director

Y.A.M. Tengku Dato’ Rahimah Binti Al-Marhum Sultan Mahmud Independent Non-Executive Director

Ho Wen Fan Alternate Director to Chew Po Sim

____________________________________________________________________Audit Committee

Chairman Dato’ Tan Bing HuaSenior Independent Non-Executive Director

Members Tan Sri Dato’ Seri Dr. Ting Chew Peh Independent Non-Executive Director

Chew Hoe Soon Non-Independent Non-Executive Director

____________________________________________________________________Remuneration Committee

Chairman Dato’ Tan Bing HuaSenior Independent Non-Executive Director

Members Tan Sri Dato’ Seri Dr. Ting Chew Peh Independent Non-Executive Director

Chew Hoe Soon Non-Independent Non-Executive Director

Y.A.M. Tengku Dato’ Rahimah Binti Al-Marhum Sultan Mahmud Independent Non-Executive Director

____________________________________________________________________Auditors

KPMG PLT (LLP0010081-LCA & AF 0758) Chartered Accountants Level 10, KPMG Tower 8, First Avenue, Bandar Utama 47800 Petaling Jaya Selangor Darul Ehsan

____________________________________________________________________Principal Bankers

Al Rajhi Banking & Investment Corporation (Malaysia) BerhadAmBank Islamic Berhad Bangkok Bank BerhadOCBC Bank (Malaysia) BerhadPublic Bank BerhadRHB Bank Berhad

____________________________________________________________________Share Registrar

Boardroom Corporate Services Sdn Bhd11th Floor, Menara Symphony,No. 5, Jalan Prof. Khoo Kay Kim,Seksyen 13, 46200 Petaling Jaya,Selangor Darul Ehsan Tel : +603-7890 4700 Fax : +603-7890 4670

Corporate Information Corporate Information (cont'd)About Hua Yang About Hua Yang

____________________________________________________________________Nomination Committee

Chairman Tan Sri Dato’ Seri Dr. Ting Chew PehIndependent Non-Executive Director

Members Dato’ Tan Bing Hua Senior Independent Non-Executive Director

Chew Hoe Soon Non-Independent Non-Executive Director

____________________________________________________________________Company Secretaries

Leong Oi Wah (SSM PC No.: 201908000717) (MAICSA 7023802)Tan Hwai Lun (SSM PC No.: 202008001765) (MIA 24085)Lam Cho Wai (SSM PC No.: 202008001864) (MIA 37324)

____________________________________________________________________Registered Office

C-21, Jalan Medan Selayang 1,Medan Selayang, 68100 Batu Caves,Selangor Darul Ehsan.Tel : +603-6188 4488 Fax : +603-6188 4487 E-mail : kl@huayang.com.my

____________________________________________________________________Office In Malaysia

Head OfficeC-21, Jalan Medan Selayang 1,Medan Selayang, 68100 Batu Caves,Selangor Darul Ehsan.Tel : +603-6188 4488 Fax : +603-6188 4487 E-mail : kl@huayang.com.my Website : www.huayang.com.my

Perak Branch 123A, Jalan Raja Permaisuri Bainun (JalanKampar), 30250 Ipoh, Perak Darul Ridzuan .Tel : +605-254 3812 Fax : +605-254 2625 E-mail : ipoh@huayang.com.my

Johor Branch 53 & 55, Jalan Besi Taman Sri Putri,81300 Skudai, Johor Darul Takzim.Tel : +607-559 1388 Fax : +607-556 0388 E-mail : jb@huayang.com.my

Penang Branch Unit 3-07 & 3-08, Medan Perniagaan Pauh Jaya Jalan Baru,13700 Perai, Pulau Pinang.Tel : +604-386 6138 Fax : +604-386 6137 E-mail : pg@huayang.com.my

41Years in

the

Industry

5States in

Malaysia

20,549

Properties

RM 4.8

Billion Sales

____________________________________________________________________Stock Exchange Listing

Main Market of Bursa Malaysia Securities Berhad Listed on : 29th November 2002 Stock name : HuaYang Stock code : 5062 Sector : Properties

____________________________________________________________________Shariah Compliance Listing

Shariah Advisory Council of the Securities Commission Malaysia listing on 29th May 2020

Hua Yang Berhad - Annual Report 2020 Hua Yang Berhad - Annual Report 2020004 005

5 Year Group Financial HighlightsCorporate Highlights

^ Restatedfollowingthefirst-timeadoptionofMFRSframework

# Thecomparativefiguresforearningspersharehavebeenrestatedtoreflecttheadjustmentarisingfromthebonusissuecompletedduringthefinancialyear2017

Financial YearEnded 31 March

Key Data of Operating Results:

Revenue

(Loss)/ProfitBeforeTax

(Loss)/ProfitAfterTax

(Loss)/ProfitAttributableToEquityHolders of the Company

Key Data of Financial Position:

Total Assets

Total Borrowings

Equity Attributable to Owners of the Company

Total Equity

Financial Indicators:

Return on Equity (%)

Return on Total Assets (%)

(Loss) / Earnings Per Share (sen)

Gross Dividend Per Share (sen)

Net Dividend Per Share (sen)

Net Assets Per Share (RM)

Net Gearing Ratio

2016RM’ 000

575,740

144,729

110,075

110,075

952,852

228,745

541,625

541,625

20%

12%

31.27

5.00

5.00

2.05

0.34

2017RM’ 000

385,358

80,622

60,929

60,929

1,050,348

278,385

595,397

595,397

10%

6%

17.31

4.00

4.00

1.69

0.39

2018RM’ 000

227,357

8,625

2,162

2,162

1,207,180

441,820

590,965

590,965

0%

0%

0.61

-

-

1.68

0.72

2019RM’ 000

272,520

(13,812)

(22,470)

(22,230)

1,196,123

403,082

562,565

585,143

-4%

-2%

(6.32)

-

-

1.60

0.65

2020RM’ 000

279,614

(64,275)

(73,214)

(73,133)

1,069,327

319,524

488,409

510,906

-14%

-7%

(20.78)

-

-

1.39

0.55

A

B

C

#

Corporate Structure

Hua Yang Berhad

100%Prisma PelangiSdn Bhd

100%Celestial Solar FarmSdn Bhd

100%Daya NiagaSdn Bhd

100%G Land DevelopmentSdn Bhd

100%Grandeur ParkSdn Bhd

100%Grand View RealtySdn Bhd

100%Yoon LianRealty Sendirian Berhad

100%Sunny ModeSdn Bhd

100%Johanjana CorporationSdn Bhd

70%Kajang HeightsDevelopmentSdn Bhd

100%Prop ParkSdn Bhd

100%Bison HoldingsSdn Bhd

100%Huayang VenturesSdn Bhd

100%Pembinaan Hua YangSdn Bhd

100%Tinggian DevelopmentSendirian Berhad

100%Agro-ModIndustriesSdn Bhd

*30.95%Magna PrimaBerhad* Investment in associate

^

About Hua Yang

Hua Yang Berhad - Annual Report 2020 007Hua Yang Berhad - Annual Report 2020006