• To utilise Self-Climbing Platform (SCP) and Building Information Modelling (BIM) for enhanced safety and timeliness in construction process

Selangor, Malaysia, 8 December 2021– Integrated property developer OCR Group Berhad (OCR, the Group, Bloomberg: ONC:MK) reaffirmed its commitment to providing industry-leading standards by signing a Memorandum of Understanding (MOU) with PLYTEC Holding Sdn Bhd (PLYTEC) to utilise its advanced technologies in selected OCR projects.

Under the MOU, OCR agrees to utilise PLYTEC Formwork Sdn Bhd’s SCP technology in the construction of YOLO Signature Suites in Bandar Sunway, Selangor. The self-climbing platform is a protective screen with a controlled and synchronized climbing mechanism that prevents workers and objects from falling when working at a height. Requiring only one-time installation at low level, it is a more robust system compared to typical scaffolding and falsework systems.

Furthermore, OCR would also collaborate with PLYTEC’s subsidiary BIM Engineering Solution and Technology Sdn Bhd to utilise the latter’s BIM system in the construction process of The Mate @ Damansara Jaya. By bringing architects, engineers and contractors on a single collaborative platform, the 3D architectural modelling service establishes intelligence from concept to construction, to reduce project risk, improve timelines and achieve desired project results.

"The utilisation of these industry-leading technologies reinforces OCR Group’s pledge of being ahead of the curve and voluntarily adopting innovative systems, as long as they ultimately bring value to the primary audience of our buyers.

For instance, BIM has yet to be made mandatory for private sector undertakings in Malaysia, but we have elected to utilise it as we recognise the tremendous benefits of harnessing design-to-delivery collaborations in our projects. This reassures buyers that they are indeed receiving the promised quality, within the stipulated time.

As part of our larger Environment, Social and Governance (ESG) endeavour, we wish to create a safer working environment for our workers
on-site. The self-climbing platform is one of the methods towards that goal, in addition to our current Standard Operating Procedures under the COVID-19 protocols.

Through the signing of this MOU, we believe in the power of collaboration and working together with our strategic partner PLYTEC, to deliver greater success through shared goals and mutual support over the longer term.”

Billy Ong Kah Hoe(“王家豪”),
Managing Director of OCR Group Berhad

YOLO Signature Suites feature small office-home office (SOHO) suites of 440 to 1,018 sq ft within the thriving Bandar Sunway vicinity, complete with nearby educational and recreational amenities. It is slated for completion in 2023.

The Mate @ Damansara Jaya is specifically designed as a co-living space ideal for co-sharing community living. Buyers may select studio or 2-bedroom units, and enjoy the convenience of community-inspired living and working spaces with like-minded and similar-value individuals. The project is targeted for handover in 2023.