Synergy Berhad (TSB) (formerly known as Minply Holdings (M)
Berhad), was incorporated on 2nd December 1994 it principal
activity is Investment Holdings company. The authorized share
capital is RM500,000,000.00 ordinary shares of RM0.08 each and
12.02.2016 it issued and fully paid up share capital is
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.
Our Commitment To
We cannot claim to be the builder of the nation if we do not
also focus on the quality of people's lives. In every corner of
the country, our projects have changed lives for the better by
improving economic growth, and by providing amenities and
services to those who were once bypassed. Like proud parents we
have supported and nurtured our people's growth. And the joy
that we have brought has inspired to do even more for the
betterment of the people. In that vein, our numerous social
programmes represent our commitment.
Tiger Synergy Berhad ("TSB") has grained responsibility into its
core business since its establishment. The Group commits to
building quality homes to enhance lifestyles; creating wholesome
communities; and providing housing to all range of income levels
because we believe that everyone deserves their own living
space. Through the years, this core commitment has 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:
(i) THE COMMUNITY
Through the Group 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 under review, the Group has
contributed and donated to the following charitable
organizations, association and schools:
(a) Associate Chinese Chamber of Commerce and Industry of
(b) UTAR Education Foundation.
(c) Negeri Sembilan Chinese Chamber of Commerce and Industry.
(d) Tabung Pembangunan SJK(C) Ladang Hillside Seremban.
(e) PIBG SJK(C) Pei Hua Seremban.
(ii) THE MARKETPLACE
The Group commits to transparency and good governance in every
aspect of our operations. As a company listed on Bursa Malaysia,
the Company makes it a priority to build effective channels of
communication with our shareholders and stakeholders. In
addition, the Company believes that good investor relation is
vital for sustainable success. Every years, the Company holds an
Annual General Meeting to provide and clarify to its
shareholders with the Group's financial performance and the
latest corporate proposals and business of the Group. This is
substantiated with the release of quarterly financial
announcements, corporate announcements, annual reports and
(iii) THE WORKPLACE
TSB attributes its employees as the drivers of the Group's
continued success and growth. The quality of our human capital
anchors the Group's continued success. As such, the Group
strives to maintain high standards of recruitment, development
and retention of employees in the workplace; aimed at a being
sustainable employer of choice; by offering attractive
remuneration and career developing planning.
(iv) THE ENVIRONMENT
At TSB, we strive to maintain and further enhance the natural
environment at the heart of our developments. Our emphasis is to
promote lush greenery and enhance the natural beauty prevalent
within the developments that we create. Furthermore, we seek to
reduce our impact on the environment by monitoring and reducing
our carbon footprint, waste, emissions and environment risks