Fraser & Neave Holdings Bhd. · MYX:F&N
Fraser & Neave Holdings Bhd — Shareholder Meeting (March 2021)
25 slides from Fraser & Neave Holdings Bhd's shareholder meeting presentation, March 2021
Slide 1: Response to Inquiries - Annual General Meeting
Bringing —Sulles RESPONSE TO INQUIRIES FRASER & NEAVE HOLDINGS BHD th ANNUAL h GENERAL MEETING
Slide 2: Questions Answered Live During AGM
QUESTIONS ANSWERED LIVE DURING AGM
Slide 3: Question 1: E-commerce portal and distribution channel plans
FRASER & NEAVE HOLDINGS BHD QUESTION 1. Hi, May I know any plan to intensify e-commerce portal and distribution channel? LEE MUN HOE Answer: For our e-commerce portal, F&N Life, we are exploring different order fulfilment options that cater to varied needs. We have recently opened a fulfilment centr
Slide 4: Question 2: Ladang Chuping purchase approval
FRASER & NEAVE HOLDINGS BHD QUESTION 2. What are the reasons our company unable to obtain approval from Ministry of Economic Affairs in respect of the purchase of Ladang Chuping by F&N AgriValley from MSM Perlis? Can the board kindly explain in detail. Why MSM Perlis not granted any extension of tim
Slide 5: Question 2: Why the dairy farm acquisition was unsuccessful
FRASER & NEAVE HOLDINGS BHD QUESTION 2. Why was the acquisition of the dairy farm business not successful? (Cont’d) RUSMIN Answer: The Ladang Chuping land is leased by the Perlis state to MSM Malaysia Holdings Bhd (MSM). We had planned to purchase the leased land from MSM, a state-owned company that
Slide 6: Question 3: New products for the health conscious
FRASER & NEAVE HOLDINGS BHD QUESTION 3. Any new products for the health conscious? LAI YEN FOON Answer: In our effort to transform our portfolio towards healthier choice, we offer consumers beverage options with reduced or low sugar to no sugar, and healthier dairy options that contain less fat or s
Slide 7: Other Questions Not Answered During AGM
OTHER QUESTIONS NOT ANSWERED DURING AGM
Slide 8: Question 1: Stagnant revenue and demand saturation
FRASER & NEAVE HOLDINGS BHD QUESTION 1. In the past 10 years, the group's total revenue has been stagnant at around RM4 billion, does management see saturation of demand in our core markets? Thank you. CHUA SONG YUN Answer: Over the past 10 years, we have seen development such as parting ways with C
Slide 9: Question 2: Export share by Malaysia and Thailand
FRASER & NEAVE HOLDINGS BHD QUESTION 2. What percentage of exports are coming from F&B Malaysia and what percentage from F&B Thailand? VEIVEN GOON Answer: F&B Malaysia and F&B Thailand contribute quite equally to our total Export sales.
Slide 10: Question 3: Old factory site in Petaling Jaya
FRASER & NEAVE HOLDINGS BHD QUESTION 3. Is there any plan for the old factory site in Section 13, Petaling Jaya? JUN HIENG KIAT Answer: The redevelopment of F&N’s Section 13 property is a long term and strategic one and we are exploring options to optimize the value of the land. In view of the curre
Slide 11: Question 4: KPI for year 2021
FRASER & NEAVE HOLDINGS BHD QUESTION 4. What is your KPI for year 2021? Is it projected to be more than 2x than 2019 or 2020? LOO YEO MING Answer: With the current landscape, it is difficult to provide projections or a target. Our priority is to maintain business continuity as efficiently as possibl
Slide 12: Question 5: Ladang Chuping land and confidentiality
FRASER & NEAVE HOLDINGS BHD QUESTION 5. Will other parties develop the Ladang Chuping land into a dairy farm? Any concern on data and information leakage during this sale and purchase agreement? TAN ZHI HOW Answer: We did not complete the acquisition and therefore unable to comment on Ladang Chuping
Slide 13: Question 6: Strategy on integrated dairy farm
FRASER & NEAVE HOLDINGS BHD QUESTION 6. Can the board kindly share a brief strategy on the fully integrated dairy farm? Is there any other opportunities arise in other area? TAN ZI HOW Answer: The integrated dairy farm will enable Fraser & Neave Holdings Bhd (F&NHB or the Group) to explore the upstr
Slide 14: Question 7: Dairy farm location considerations
FRASER & NEAVE HOLDINGS BHD QUESTION 7. Regarding the intention to venture into integrated dairy farming business, could you please elaborate on the considerations when choosing the location? Also, could you please elaborate if Malaysia is a better location for this project vis-a-vis Thailand?* EN A
Slide 15: Question 8a: Market share by category
FRASER & NEAVE HOLDINGS BHD QUESTION 8. Page 14 of Annual report stated that we are number 1 in Isotonic category, Carbonated Soft Drink category, Evaporated Milk category and Sweetened Condensed Milk category in Malaysia, and number 1 in Evaporated Milk and Sweetened Condensed Milk category in Thai
Slide 16: Question 8b: Demand growth rate and outlook
FRASER & NEAVE HOLDINGS BHD QUESTION 8. Page 14 of Annual report stated that we are number 1 in Isotonic category, Carbonated Soft Drink category, Evaporated Milk category and Sweetened Condensed Milk category in Malaysia, and number 1 in Evaporated Milk and Sweetened Condensed Milk category in Thai
Slide 17: Questions 9-11: Bonus share issue or share split
FRASER & NEAVE HOLDINGS BHD QUESTION 9. Any possibility of a bonus share issue or share split to enable more people to become shareholders? Definitely our Company is well managed. No question about it. PORAVI A/L S P SITHAMBARAM PILLAY 10. Any Bonus issue? LOO YEO MING 11. Will there be a bonus issu
Slide 18: Question 12: Dividend increase
FRASER & NEAVE HOLDINGS BHD QUESTION 12. Can the dividends be increase more as your profit increased? LOO YEO MING Answer: Other than profits, there are other consideration in proposing dividends such as cash position, dividend sustainability, capex requirement and other projected usage of cash.
Slide 19: Question 13: Share buy-back
FRASER & NEAVE HOLDINGS BHD QUESTION 13. Any share buy back done recently after the notice of this AGM in Dec2020 & how many shares were purchased (if done) & at what average price was done? LOO YEO MING Answer: No shares were bought under the Share Buy-Back mandate in the period between the date of
Slide 20: Question 14: Covid-19 precautions for staff
FRASER & NEAVE HOLDINGS BHD QUESTION 14. Covid 19 cases increased, what precaution you take to prevent staff from being infected. LOO YEO MING Answer: Since the earliest stages of the pandemic, we have been conducting preventive and protective measures to safeguard our employees, and we continue to
Slide 21: Question 15: F&N products at the meeting
FRASER & NEAVE HOLDINGS BHD QUESTION 15. Good that F&N products are displayed on the table. Is the drink which the CEO drank after his speech from F&N? If not, suggest that BOD members do so in future public meeting. TAN LEE SIAM Answer: Glad that you noticed. Mr. Lim was having F&N Ice Mountain Min
Slide 22: Question 16: Rationale for snacks and sauce acquisitions
FRASER & NEAVE HOLDINGS BHD QUESTION 16. What is the rationale of the company's recent acquisition of the snacks and sauce businesses? RUSMIN (Similar question as the Pre-AGM question submitted by MSWG – Question 4) Answer: Fraser & Neave Holdings Bhd is constantly exploring ways to ‘reimagine’ our
Slide 23: Question 17: Thailand vs Malaysia operating margin
FRASER & NEAVE HOLDINGS BHD QUESTION 17. I notice that the operating profit margin for your Thailand's division has always been higher than the Malaysia’s division, could you please elaborate the reasons behind this? EN AHMAD ADIB BIN MUKHTAR OR YM TENGKU AISHA FATEHA BINTI TENKU AHMAD BADRUL SHAH (
Slide 24: Question 18: Teapot brand sale to parent company
FRASER & NEAVE HOLDINGS BHD QUESTION 18. Referring to selling Teapot Brand to parent company F&N Ltd This is rather strange why needing to sell the brand to parent company, as F&N should have the capacity to promote the brand ourselves. Do all of our company's brand IP rights is held by the parent g
Slide 25: Thank You
THANK YOU
Fraser & Neave Holdings — Shareholder Meeting (March 2021) on 6ix