Page 4 - Berita SungeiWay_Jan_Mar_1992

Con't from pg. 1

Following is the speech by our
Group Managing Director, Dato'
Jeffrey Cheah, during the Group
Annual Dinner.

SPXISCH B T GROVP K A I T A G I N G DULECTOR
q/

r\_) / ang Berhormat Dato' Seri albeit at a slower pace. Real GDP For 1992, the Group is expected
Drlling Liong Sik, Menteri Peng- growth for 1991 is projected to be to achieve a turnover in the region
angkutan Malaysia dan Datin Seri around 8.6% as compared to the of $1 billion. To all our employees
Ena; growth rate of 9.8% in 1990 and in the Group, I thank you for the
Yang Berbahagia Dato' Musa 8.5% in 1989. excellent achievement. You have
Hitam, Pengerusi Sunway College Recently, our Prime Minister done SungeiWay proud.
dan Datin Zulaika; indicated that the GDP growth for Up to the year just ended, our
Yang Berbahagia Tan Sri Dato' 1992 will be in the region of 8%. We property arm. Bandar Sunway has
Azman Hashim dan Tunku Puan Sri Malaysians are very fortunate to be sold a total of 2,457 units of link-
Arishah; Hving in a country with a robust houses, industrial units, shophouses
Tan Sri-Tan Sri dan Puan Sri- economy, a very stable Government and walk-up apartments. About
Puan Sri; and people of different races 80% of these units have been
Dato'-Dato' dan Datin-Datin; enjoying peace and harmony. completed and handed over to the
Honoured guests, my fellow The buoyant domestic economic purchasers.
colleagues, ladies and gentlemen. activities in the last four years have The current year will be a very
Good evening and a very warm fuelled the growth of the construc- busy year for Bandar Sunway. It will
welcome to the SungeiWay Group tion sector, which is expected to launch about 1,200 units of industrial
Annual Dinner and Dance. remain robust for at least another units, linkhouses, semi-detached
We are very honoured to have year and is projected to attain houses and condominiums. Work at
with us tonight our Minister of another double digit growth of the Bandar Sunway Town Centre,
Transport and the MCA President, 13.5% this year. which covers an area of approxi-
Yang Berhormat Dato' Seri Dr Ling This augurs well for our Group mately 175 acres, is progressing
Liong Sik and other distinguished as a large percentage of our opera- according to schedule.
guests to grace our function. tions are in the construction, The Water Theme Park and the
My colleagues and I wish to quarrying, readymix and building new College campus are expected to
extend to all of you our deep appre- material sectors. In line with the be completed by the third and
ciation for your presence here tonight conducive economic climate of the fourth quarters of this year respec-
to join us in celebrating this annual country, our Group in 1991 achieved tively.
function of our Group. very inspiring results on all fronts The first phase of the new
The Malaysian economy is in its with a turnover of approximately College campus will be operational
fourth consecutive year of growth, $800 million. Con't to pg. 5

Dato' Jeffrey Cheah presenting the cheque to Data' Seri Dr Ling Liong Sik

4