KLCC Property Holdings Berhad

About KLCCP Stapled Group

Passionate about Progress

Driven by our aspiration, we have transformed from a property company to Malaysia’s largest Real Estate Investment Trust and the country’s only Stapled Security. Comprising KLCC Property Holdings Berhad and KLCC REIT, KLCCP Stapled Group represents a diversified office-focused REIT comprising five Grade-A offices which include the nation’s iconic landmark, the PETRONAS Twin Towers, a premier retail mall and a luxury hotel. Strategically located in the heart of Kuala Lumpur City Centre, the 100-acre KLCC Development embodies Malaysia’s strength and growth and is the nucleus of the city.

At KLCC, we create THE PLACE for all our stakeholders. By understanding changing market dynamics, lifestyles and through differentiating ourselves, we are able to evolve and transform our destinations to places people look forward to.

The places we create envision the office of tomorrow, where tenants elevate their workplace through greater experiences, connectivity and security.

Our places re-imagine retail spaces, personalising the entire customer journey. We innovate bespoke and seamless hotel experiences, designed to serve the diverse and evolving needs of our guests.

Through developing places people look forward to, we continue to drive enduring demand for our spaces, ultimately delivering both financial and societal value to all our stakeholders.

Owner of the PETRONAS Twin Towers, the tallest Twin Towers in the world

Largest Malaysian REIT by total assets and market capitalisation, constituting 32% of the Malaysian REIT industry

Exceeding RM15 billion in high quality investment portfolio of prime Grade-A office buildings, Malaysia’s landmark mall and a luxury hotel

Strong balance sheet providing a conducive business environment for future development and long-term stability

Well positioned with a development pipeline to drive future earnings growth

Premised on our robust business model, and through our clear operational activities and business practices, we have delivered value beyond numbers across our business.

We deliver value beyond numbers across our business.

Nation Building

Social Development

Catalyst for Surrounding Development

Customer Experience

Connectivity

Sustainable Development

Our Principles

Statement of Purpose

A progressive energy and solutions partner enriching lives for a sustainable future

Shared Values

Loyalty

Loyal to corporation

Integrity

Honest and upright

Professionalism

Strive for excellence

Cohesiveness

United, trust and respect for each other

Our Strategy

Our 3-Pronged Growth Strategy has guided and aligned us to deliver on our Group’s purpose and create sustainable value for our customers and stakeholders. This strategy is underpinned by our Winning Formula focusing on customer centric mindset and approach to value creation supported by Commercial Excellence, Project Excellence and Operational Excellence as we strengthen our portfolio to future-proof our organisation and ensure the Group’s long-term survivability.

Group Structure

A novel structure which retains our strategy in assets and unlocks value

The stapled structure of the Group creates a unique value for the holders of Stapled Securities as it benefits from a tax profile of a REIT structure through relevant tax exemptions and provides access to stable REIT distributions as well as capital growth while benefitting from the development of potential assets and the Group’s organic growth.

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Unique vehicle (REIT +Development platform)

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Allowed for unlocking of value of property portfolio through increased distributions

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Existing KLCCP shareholders were able to retain the full upside and ownership of prime assets

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Provides strong alignment of interest between KLCCP and KLCC REIT with a common board and management

Board of Directors of KLCCP and KLCC REIT

Board diversity enhancing decision-making perspectives

TAN SRI AHMAD NIZAM BIN SALLEH

Chairman/
Non-Independent Non-Executive Director