INTRODUCTIONFraser & Neave Holdings Bhd (F&N) posted lower earnings of RM323.37mil in the financial year ended Sept 30, 2017.
It’s announced that 2017 earnings fell 16% from RM385.37mil in 2016. Its revenue dipped nearly 1.6% to RM4.10bil from RM4.17bil.
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BACKGROUND OF THE COMPANYFraser ; Neave Holdings BerhadFounded by John Fraser and David Chalmers Neave in 1883, from whom our instantly recognizable initials ‘F&N’ has evolved into associate painting house complete and also the F;N cluster nowadays is among the oldest, most recognised and most sure-fire businesses in Singapore and Malaysia with core experience and leadership within the Food ; Beverages, nutrient, Property and business enterprise ; Printing sectors. Listed on the Singapore securities market and Bursa Malaysia, Fraser and Neave, restricted and Fraser ; Neave Holdings Bhd put together operate in over twenty countries throughout Asia Pacific, Europe and also the USA, using regarding 10,000 individuals worldwide. As a complete that has been entwined among the nation’s material for over a century, F&N enjoys a special place within the hearts of Malaysians, fulfilling its promise of ‘Pure Enjoyment, Pure Goodness’. In fact, nearly each Malaysian enjoys F&N at some purpose, every day, because of its wide portfolio of merchandise. A key associated distinct person for F&N is our ability to apace deploy an unequalled nationwide distribution system to make sure the generality of the brands and merchandise in marketplaces and townships throughout the length and breadth of Malaysia’s 329,750 sq. kilometre area.
The enduring partnership with a robust distribution network of ancient and fashionable trade customers ensures a seamless flow of deliveries, stocks and inventories to their combined operations and repair of 90,000 retailers across Malaysia.The core strengths of our 133-year enterprise, specifically our vision, brands and merchandise, network, resources, and skill, is what distinguishes F;N in delivering property performance and growth, consonant with the well-being of communities and also the setting, to fulfil our consumer’s gift and future expectations. The merchandise have glad the tastes and appetites of generations and that we can still deepen the reference to our shoppers and supply excitement and delight in bicycle-built-for-two with our complete promise of ‘Pure Enjoyment, Pure Goodness’.F&N Beverages Marketing Sdn Bhd (Soft Drinks)Over 130 years, the F&N whole 1st created its look within the kind of Associate in Nursing aerated water product. Today, the nutrient brands underneath the umbrella of the F&N cluster became the popular thirst quenchers for numberless generations of Malaysians. Their multiple brands square measure leaders in most of their several segments and supply customers the country’s most comprehensive vary of sentimental drinks, line of work to each occasion. F;N Beverages (M) Sdn Bhd (FNBM) is Malaysia’s largest soft drinks distributor. The corporate operates four producing plants nationwide, together with its progressive facility at its headquarters in Shah Alam, Selangor.
The company commenced operations in 1936 once Fraser and Neave, restricted secured the franchise of Coca-Cola in Singapore and Malaysia,F&N Coca-Cola (M) Sdn Bhd (F&NCC) was born as a results of this. The licencee agreement led to Sep 2011 and therefore the company was renamed as F&N Beverages (M) Sdn Bhd. FNBM has glad the tastes and appetites of generations and that they can still deepen the reference to their customers and supply excitement and pleasure in bicycle-built-for-two with the whole promise of ‘Pure Enjoyment, Pure Goodness’F&N Dairies (M) Sdn Bhd – Dairy ProductsF&N’s dairy farm business grew out of a venture with fictional character Foods of Chicago, USA in 1959 with the development of Southeast Asia’s initial sugary milk plant in Petaling Jaya, Malaysia.
The Carnation Company, also come from the America, joined the partnership in 1965 to make Premier Milk because the producing arm. This partnership well-tried enterprising as among that year, the extremely triple-crown milk was launched. In 1989, the cluster non inheritable the interests of fictional character Foods and restructured its dairy farm operations underneath F&N Dairies (Malaysia) Sdn Bhd. It had been distended any with the acquisition of Magnolia in 1995.
In 1998, the cluster commenced its change integrity business. In 2007, the corporate with success non inheritable the Tea Pot whole and also the licensing and distribution of the Carnation, Cap Junjung, and Ideal brands in Malaysia, marking the start of a brand new era of additional success for F&N Dairies Malaysia in a very extremely competitive landscape. It is by no sheer coincidence that F&N Dairies (M) Sdn Bhd is that the undisputed leader within the sugary milk and milk market, genuine to by the countless Malaysians of all walks of life UN agency relish their daily precious moments with a cup of teh Tarik or occasional, cakes or confectionery or the wide and delectable vary of Malaysian preparation made up of F&N’s broad vary of dairy farm product. Today, F;N is one among the biggest producers of dairy farm product within the world, commerce to over forty countries worldwide, and a number one market player within the canned milk, change integrity milk and juice section with its sturdy portfolio of well-loved brands like F;N, Tea Pot, Carnation, Ideal, Gold Coin, F;N Magnolia, Farmhouse, Sunkist and flowering tree contemporary.F;N Properties Sdn Bhd – Property F;N Properties may be a business unit of Fraser ; Neave Holdings Bhd, shaped to unlock the worth of land non heritable and control by the corporate for several years. Their initial foray, the previous F;N manufacturing plant land at Jalan Foss, has been developed into a spirited industrial spot these days known as the Fraser Business Park.
The 12.72-acre web site that housed the Group’s previous dairy farm mill in Section 13, Petaling Jaya, has been earmarked for AN integrated residential and industrial development encompassing flat blocks, a hotel, stores and workplace heaps with a complete gross development price of RM1.6 billion. The project, supported a complete life-style thought, is being undertaken by a venture (JV) company between FCL Centre purpose Pte Ltd (FCL), a wholly-owned subsidiary of Fraser and Neave Ltd (Singapore), and Fraser & Neave Holdings Bhd.