Technical Terms

I Company No: 912527-A I
To facilitate better understanding of our business, the following glossary provides a description of some of the technical terms and abbreviations that are commonly used in our industry and shall apply throughout this Prospectus. The terms and their assigned meanings may not correspond to standard industry or common meanings, or usage of these terms, as the case may be:
QMS Rescue Contractor UKAS
Advanced Construction Technology, a wall system made of concrete with several hollow sections in between to reduce the overall weight
Green Building Index. GBI is developed specifically for the Malaysian-tropical climate, environmental and developmental context, cultural and social needs
The GBI rating tool provides an opportunity for developers and building owners to design and construct green, sustainable bUildings that can provide energy savings, water savings, a healthier indoor environment, better connectivity to public transport and the adoption of recycling and greenery for their projects and reduce our impact on the environment
Industrialised Building System, a construction process that utilises techniques, products, components or building systems which involves prefabricated components and on-site installations. The system also involves offsite, and to a lesser extent, on-site, mass production of building components
International Organisation for Standardisation, a developer and publisher of international standards
Management System (Malaysian Standards)
Occupational Health and Safety Assessment Series for health and safety management systems. It is intended to help an organisation to control occupational health and safety risks
Public-Private Partnership. PPP involves the transfer to the private sector the responsibility to finance and manage a package of capital investment and services including the construction, management, maintenance, refurbishment and replacement of public sector assets such as buildings, infrastructure, equipment and other facilities, which creates a standalone business. In these PPP projects, there is a contract for the private party to deliver public infrastructure-based services over a long period of time. The private party will raise its own funds to finance the whole or part of the assets that will deliver the services based on agreed performances. The public sector, in turn, will compensate the private party for these services. In some PPP projects, part of the payments may flow from the public users directly
Quality management system, set by the Management System Certification
A contractor appointed to complete a pnoject abandoned by the previous contractor
United Kingdom Accreditation Service


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