Sustainable Growth

Total Page:16

File Type:pdf, Size:1020Kb

Sustainable Growth SUSTAINABLE GROWTH The annual report theme this year of ‘Sustainable Growth’ is a reflection of PPB Group’s initiatives and approaches in building brands, products and businesses. Not just a concept, it is how we conduct ourselves to achieve our corporate objectives. We know that our businesses impact the surrounding eco-systems and the communities in which we operate. Hence, our sustainability framework seeks to ensure a corporate existence mindful of the economic, environmental and social impacts of our actions. We endeavour to balance our business risks and opportunities with the interests of our many stakeholders to ensure long-term benefits and continuity. Our people throughout the organisation are conscious of their responsibilities to comply with the Group’s ethical business standards and practices to build a sustainable corporate brand. OUR MISSION To strengthen our leadership position in our core businesses in Malaysia, expand regionally for further growth, invest in related activities for greater synergy and increase shareholder value, in a socially and environmentally responsible manner through management excellence. OUR VISION To be a market leader in our core businesses reputed for our sustainable quality products and services. ans Baked Be ANNUAL REPORT 2016 TABLE OF CONTENTS SECTION 1 SECTION 2 About Us Governance and Corporate Responsibility 001 Our Mission 048 Corporate Governance Statement 001 Our Vision 059 Audit Committee Report 004 Corporate Objectives 063 Statement on Risk Management and Internal Control 005 Corporate Profile 016 Chairman’s Statement Sustainability Statement 018 Managing Director’s Review 066 Our sustainability journey 034 Group Financial Highlights 069 Targets 035 Simplified Consolidated Statements 069 Protecting our planet of Financial Position 075 Empowering our people 036 5-Year Group Statistics 080 Advancing our marketplace 038 Directors’ Profiles 083 Engaging our communities 042 Key Senior Management Team 045 Corporate Information 046 Group Corporate Structure ANNUAL REPORT 2016 TABLE OF CONTENTS SECTION 3 SECTION 4 Financials Other Information 087 Directors’ Responsibility Statement 189 Additional Compliance Information 191 Properties Owned by PPB Group Berhad and Financial Statements Its Subsidiaries 089 Directors’ Report 196 Statement of Shareholdings 094 Consolidated Income Statement 199 Notice of Annual General Meeting (AGM) 095 Consolidated Statement of Comprehensive 202 Statement Accompanying The Notice of AGM Income 203 Proxy Form 096 Consolidated Statement of Financial Position 098 Consolidated Statement of Changes In Equity 100 Consolidated Statement of Cash Flows 103 Income Statement 103 Statement of Comprehensive Income 104 Statement of Financial Position 105 Statement of Changes In Equity 106 Statement of Cash Flows 108 Notes to the Financial Statements 181 Supplementary Information 182 Statement by Directors 183 Statutory Declaration 184 Independent Auditors’ Report SECTION 1 • About Us CORPORATE OBJECTIVES CREATE VALUE FOR MAINTAIN SUSTAINABLE SHAREHOLDERS GROWTH To reward shareholders with sustainable and To focus on sustainable growth in the attractive dividends. earnings and net assets of the Group. FOCUS ON CORE BUSINESSES SECURE FUTURE GROWTH To enhance and expand our core operations To create new business opportunities and related businesses to capitalise on scale through prudent and smart investment and integration for optimum cost-efficiency. strategies in new and emerging areas as well as market segments both locally and regionally. STRENGTHEN MARKET COMMIT TO CORPORATE POSITION SOCIAL RESPONSIBILITY To further strengthen our leadership position To embrace responsible corporate in our core businesses. citizenship focused on generating economic returns with positive contributions to society. CAPITALISE ON SYNERGIES CARE FOR THE ENVIRONMENT To synergise and leverage on the Group’s To practise sensible and proper environment- individual operations to maximise overall friendly standards in our business operations output and strength. in accordance with legal and regulatory requirements. IMPROVE EFFICIENCY PRACTISE GOOD AND PRODUCTIVITY CORPORATE GOVERNANCE To further drive operational effectiveness to To observe optimum standards of ensure best-of-class operating standards. transparency, accountability and integrity in our business practices and corporate performance. 004 PPB Group Berhad (8167-W) ANNUAL REPORT 2016 SECTION 1 • About Us CORPORATE PROFILE PPB Group Berhad (“PPB”) is an investment holding and property investment company listed on the Main Market of Bursa Malaysia Securities Berhad, the Malaysian stock exchange. Incorporated in Malaysia in 1968, the PPB Group today is a conglomerate with total assets and market capitalisation of RM22.7 billion and RM18.8 billion respectively as at 31 December 2016. PPB is headquartered in Kuala Lumpur, Malaysia and we have operations in China, Vietnam, Indonesia, Myanmar, Thailand and Singapore with more than 3,500 full-time employees in the Malaysian operations. Our businesses are principally divided into six business segments viz: • Grains & Agribusiness • Consumer Products • Film Exhibition & Distribution • Environmental Engineering & Utilities • Property • Investments & Other Operations The Group’s main contributor, Grains & Agribusiness, comprises flour and animal feed milling; grains trading and livestock farming. The FFM Group in which PPB has 80% equity interest, owns and operates a total of five flour mills in the country, two in Vietnam and one each in Thailand and Indonesia. FFM Group also has 20% interest in nine associates in China with a combined flour milling capacity of 12,550 mt/day. Under the Consumer Products segment, the Group has moved into downstream activities including food processing, bakery, marketing and distribution of edible oils and consumer products as well as manufacturing of toiletries and household products. In the Film Exhibition & Distribution segment, wholly-owned Golden Screen Cinemas Sdn Bhd is the largest film exhibitor in Malaysia with 305 screens in 33 locations nationwide, capturing more than 40% of domestic box office collections. PPB’s strategic acquisitions and business ventures over the years have enabled it to successfully diversify its businesses to include Environmental Engineering & Utilities led by the Chemquest Group in which PPB has 55% equity interest. This segment provides water engineering, sewage treatment, solid waste management and flood mitigation services. PPB owns and manages several retail/commercial properties comprising a shopping centre, Cheras LeisureMall, and an office building, Cheras Plaza in Taman Segar, Kuala Lumpur as well as New World Park and the Whiteaways Arcade in Georgetown, Penang. Two wholly-owned subsidiaries of PPB, PPB Hartabina Sdn Bhd and PPB Property Development Sdn Bhd, carry out property development, and provide project and property management services, respectively, for projects undertaken and properties owned by PPB Group companies and affiliates. PPB owns 18.6% equity interest in one of Asia’s largest integrated agribusiness groups, Wilmar International Limited (“Wilmar”). Wilmar’s business encompasses the entire value chain of the agricultural commodity business, from cultivation, processing, merchandising to manufacturing of a wide range of agricultural products. It has over 500 manufacturing plants and an extensive distribution network covering China, India, Indonesia and some 50 other countries. PPB Group Berhad (8167-W) ANNUAL REPORT 2016 005 FLOUR MILLING FFM Group operates ve our mills in Malaysia with a total milling capacity of 2,550 mt/day. Overseas, FFM Group operates two our mills in Vietnam, and one each in Thailand and Indonesia. FFM Group also has 20% interest in nine associates in China engaged in our milling. ANIMAL FEED MILLING FFM Group is one of the key feed millers in Malaysia and operates ve feed mills in Peninsular and East Malaysia with a total designed mixing capacity of 145 mt/hour. GRAINS LIVESTOCK FARMING FFM Farms Sdn Bhd operates 2 broiler breeder & farms with a combined production capacity of 3.25 million broiler chicks per month, and a AGRIBUSINESS layer farm to complement the Group's animal feed milling operations with a monthly production capacity of 20.0 million eggs. FLOUR MILLING FFM Group operates ve our mills in Malaysia with a total milling capacity of 2,550 mt/day. Overseas, FFM Group operates two our mills in Vietnam, and one each in Thailand and Indonesia. FFM Group also has 20% interest in nine associates in China engaged in our milling. ANIMAL FEED MILLING FFM Group is one of the key feed millers in Malaysia and operates ve feed mills in Peninsular and East Malaysia with a total designed mixing capacity of 145 mt/hour. GRAINS LIVESTOCK FARMING FFM Farms Sdn Bhd operates 2 broiler breeder & farms with a combined production capacity of 3.25 million broiler chicks per month, and a AGRIBUSINESS layer farm to complement the Group's animal feed milling operations with a monthly production capacity of 20.0 million eggs. Baked Beans CONSUMER PRODUCTS CONSUMER PRODUCTS DISTRIBUTION FFM Marketing Sdn Bhd (FMSB) has established a strong distribution network and currently distributes a wide range of fast-moving consumer goods under its own brands as well as other international and local brands. FMSB has 12 warehouses with a total warehousing capacity of 300,000 sq ft. BAKERY The Italian Baker Sdn Bhd operates a state-of-the art baking plant in Pulau Indah with three fully automated
Recommended publications
  • Sungei Wang Plaza
    GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG PLAZA THE MINES EAST COAST MALL GURNEY PLAZA SUNGEI WANG
    [Show full text]
  • Penang Travel Tale
    Penang Travel Tale The northern gateway to Malaysia, Penang’s the oldest British settlement in the country. Also known as Pulau Pinang, the state capital, Georgetown, is a UNESCO listed World Heritage Site with a collection of over 12,000 surviving pre-war shop houses. Its best known as a giant beach resort with soft, sandy beaches and plenty of upscale hotels but locals will tell you that the island is the country’s unofficial food capital. SIM CARDS AND DIALING PREFIXES Malaysia’s three main cell phone service providers are Celcom, Digi and WEATHER Maxis. You can obtain prepaid SIM cards almost anywhere – especially Penang enjoys a warm equatorial climate. Average temperatures range inside large-scale shopping malls. Digi and Maxis are the most popular between 29°C - 35 during the day and 26°C - 29°C during the night; services, although Celcom has the most widespread coverage in Sabah however, being an island, temperatures here are often higher than the and Sarawak. Each state has its own area code; to make a call to a mainland and sometimes reaches as high as 35°C during the day. It’s best landline in Penang, dial 04 followed by the seven-digit number. Calls to not to forget your sun block – the higher the SPF, the better. It’s mostly mobile phones require a three-digit prefix, (Digi = 016, Maxis = 012 and sunny throughout the day except during the monsoon seasons when the Celcom = 019) followed by the seven digit subscriber number. island experiences rainfall in the evenings. http://www.penang.ws /penang-info/clim ate.htm CURRENCY GETTING AROUND Malaysia coinage is known as the Ringgit Malaysia (MYR).
    [Show full text]
  • POINTS Malaysia Indonesia Singapore On-The-Spot Redemption September 2013 – August 2014
    Exclusive to Maybank Cardmembers POINTS Malaysia Indonesia Singapore On-The-Spot Redemption September 2013 – August 2014 Satisfying treats with instant redemption Humanising Financial Services Across Asia. Take home your favourite gifts on-the-spot with TreatsPoints Redeeming is just a few simple steps away: 4506 STEP 1 STEP 2 STEP 3 STEP 4 Show your Maybank Credit Pick the items you would like Sign on the redemption slip Take home your redeemed Card and Identity Card/ to redeem with full or partial for TreatsPoints deduction items! Passport for verification points. confirmation. (applicable to Principal Cardmembers only). Points redemption conversion is valued at RM1 = 250 TreatsPoints and are exclusive to Maybank customers only. Visit the outlets today! Call 1300 88 6688 or click ‘TreatsPoints’ @ www.maybank2u.com for more details. coNTENts One-Stop Centres Gadgets Sports Beverages 4 – 5 Menara Maybank, 1 Utama 7 M3 Asia 18 Lerun 23 The Coffee Bean & Tea Leaf 5 The Gardens 8 – 9 IT Comp 5 KLCC 9 Hot Gadgets Timepieces Sweet Treats 10 EpiCentre 19 PK Time 23 Baskin Robbins Vouchers 19 Time 2 Time 6 Mayflower Printers Leisure 6 Parkson 10 Mavisco Gifts 24 Legoland 6 Metrojaya 20 Letterman Marketing 24 AGN Golf 6 Robinsons Homewares 21 Transact Network 6 Mydin 11 Senheng/sen Q Shop For Free 6 SOGO 12 SEC Bags 25 1 Utama 6 Harvey Norman 12 Bio Ecotech 22 Echotex Marketing 6 Wah Lee Group 13 EDGI 22 Travel for All Directory 14 – 15 Taiyohoshi 26 Outlets Directory 15 Onking 16 Katrin BJ 17 DCR Marketing 18 ESH More items available for redemption
    [Show full text]
  • CMMT Tropicana Release 26 Jan 2015.Pdf
    For immediate release 26 January 2015 NEWS RELEASE CMMT signs conditional agreement to acquire Tropicana City Mall and Tropicana City Office Tower in Petaling Jaya Proposed acquisition will further strengthen income and geographical diversification of CMMT portfolio Kuala Lumpur, 26 January 2015 – CapitaMalls Malaysia REIT Management Sdn. Bhd. (“CMRM”), the manager of CapitaMalls Malaysia Trust (“CMMT”), is pleased to announce today that AmTrustee Berhad, the trustee of CMMT, has entered into a conditional sale and purchase agreement on CMMT’s behalf with Tropicana City Sdn. Bhd., to acquire Tropicana City Mall and Tropicana City Office Tower in Petaling Jaya, Selangor for RM540 million. Including the acquisition fee and expenses, the total acquisition cost is about RM565 million. Tropicana City Mall is a four-storey shopping mall with a net lettable area (“NLA”) of more than 448,000 square feet (“sq ft”) and 1,759 car park bays spread over four levels (lower ground and three basement levels). Opened in December 2008, Tropicana City Mall is now an established neighbourhood mall catering to the day-to-day shopping needs of its mature residential catchment. It currently enjoys an occupancy rate of about 89.2%1, with an established mix of Malaysian and international retailers including AEON BIG, Golden Screen Cinemas, Jatomi Fitness and UNIQLO. Tropicana City Office Tower has an NLA of more than 101,000 sq ft and currently enjoys full occupancy1. Its anchor tenants include the Tropicana Group, CIMB Securities and radio broadcaster Star RFM. With a population of more than 600,000 people, Petaling Jaya is the largest city in the state of Selangor and is half an hour’s drive from Kuala Lumpur.
    [Show full text]
  • Investor Update 30 September 2014 2014
    INVESTOR UPDATE 30 SEPTEMBER 2014 2014 RD 3QUARTERLY REPORT From The Desk Of The Chairman Dear Shareholders, RESULTS FOR THE 9 MONTHS OF 2014 We are pleased to announce that PPB Group revenue increased by 15% to RM2.77 billion for the nine months of 2014 primarily driven by higher revenue generated from the flour and feed milling and grains trading segment. Most of the other businesses also recorded growth in revenue. The Group recorded 2% marginally lower profit before tax of RM732 million compared with RM748 million in the same period last year due mainly to lower profit contribution from PPB’s associate, Wilmar International Limited (Wilmar) of RM443 million against RM546 million previously. Profit for the period under review reduced to RM658.1 million compared with RM711.2 million in 2013. Accordingly, earnings per share for the period ended 30 September 2014 declined to 53.59 sen compared with 59.21 sen achieved in the same period last year. 2 From The Desk Of The Chairman (Cont’d) PROSPECTS FOR 2014 In Malaysia and Asia generally, domestic demand will remain the key driver of economic growth for this financial year. The Group’s flour and feed milling, consumer products, film exhibition, farm and bakery businesses are expected to perform well and will be supported by stronger domestic consumption during the year-end festive season. The environmental engineering division’s on-going projects together with finalisation of completed project accounts will contribute positively in the last financial quarter. The property development division is expected to maintain its contribution to the Group.
    [Show full text]
  • Setia City Mall to Be the Largest Mall in Shah Alam
    SETIA CITY MALL TO BE THE LARGEST MALL IN SHAH ALAM AFTER EXPANSION Over 1.2 million square feet of retail space with enhanced tenant mix and facilities by 2nd half of 2020 Setia Alam, 17 October 2019 – Next year, residents in the Klang Valley will have more reasons to visit Setia City Mall. Currently spanning over 730,000 square feet, the mall is undergoing upgrading and expansion works to create an additional circa 450,000 square feet of retail space, making it the largest shopping and leisure destinations in Shah Alam. Setia City Mall’s existing and expansion phase is currently over 80% leased or in advanced negotiations. Located in the southern corridor of Setia Alam, Setia City Mall is a joint venture between S.P. Setia and Lendlease. Over RM500 million will be invested in the mall’s expansion, which will see enhanced tenant mix and facilities, and provide patrons with a wider range of fashion, dining, leisure and entertainment offers and fresher experiences.. Said Datuk Tan Hon Lim, Executive Vice President of S.P. Setia Berhad Group, “The expansion of Setia City Mall at this juncture in time augurs well with S.P. Setia’s long term vision for its investment property arm. Being located in the 4,000 acres flagship township of Setia Group, the mall is poised for steady growth as more and more residents move into this township, which upon completion will be home to possibly 200,000 people.” The upgrading and expansion works will create a rich, multi-layered experience for visitors to Setia City Mall.
    [Show full text]
  • Annual Report 2020 Contents
    ANNUAL REPORT 2020 CONTENTS ABOUT US LEADERSHIP AND PEOPLE Page Page FY2020 Highlights 2 Board of Directors 32 Five - Year Financial Highlights 3 Senior Management Team 38 About AmFIRST REIT 6 About the Manager 7 Mission and Core Values 8 Fund Information 9 I PERFORMANCE REVIEW BUSINESS REVIEW Page Page Chairman’s Statement 10 Asset Profile 42 Management Discussion and Analysis 13 Market Report 60 Sustainability Statement 80 Eighth Annual General Meeting (“AGM”) of the Unitholders of AmFIRST Real Estate Investment Trust (“AmFIRST REIT”) Broadcast Venue : Symphony Square Auditorium, 3A Floor, No. 5 Jalan Prof. Khoo Kay Kim, Seksyen 13, 46200 Petaling Jaya, Selangor Darul Ehsan, Malaysia Scan the QR Code Day and Date : Monday, 10 August 2020 to download the AGM's Time : 10.00 a.m. documents CORPORATE GOVERNANCE FINANCIAL STATEMENTS Page Page Statement of Corporate Governance 108 Statement of Financial Position 138 Statement on Risk Management and Statement of Comprehensive Income 139 Internal Control 121 Statement of Changes in Net Asset Value 141 Audit Committee Report 126 Statement of Cash Flows 142 Directors’ Responsibility Statement 130 Notes to the Financial Statements 143 Manager’s Report 131 Statement by the Directors of the Manager 181 Statutory Declaration 181 Trustee’s Report 182 Independent Auditors’ Report 183 1 INVESTOR RELATIONS OTHERS Page Page Investor Relations and Communications 135 Analysis of Unitholders 187 Corporate Directory 189 Notice of Eighth Annual General Meeting 190 Administrative Guide for the Eighth Annual General
    [Show full text]
  • Golden Screen Cinemas Returns to Johor with Gsc
    04 QUARTERLY REPORT Investor Update 2017 INVESTOR UPDATE FROM THE DESK OF THE CHAIRMAN Dear Shareholders, We are pleased to announce that PPB Group’s revenue rose by 3% to RM4.31 billion for 2017 mainly attributed to higher revenue from the Grains and Agribusiness; Consumer Products; and Film Exhibition and Distribution segments. PPB Group posted an unaudited profit before tax of RM1.29 billion, up 7% from the year before due to higher profit contribution from its 18.5% associate, Wilmar International Limited (Wilmar) of RM0.97 billion. Profit for the year was RM1.24 billion and earnings per share for the year amounted to 101.68 sen. The Board of Directors has recommended a final single tier dividend of 22 sen per share for the financial year ended 31 December 2017 subject to shareholders’ approval at the forthcoming Annual General Meeting. The final dividend is payable on 31 May 2018 and together with the interim single tier dividend of 8 sen per share, the total dividend for financial year 2017 would be 30 sen per share (FY2016 : 25 sen per share). GOING FORWARD The Malaysian economy is expected to maintain its positive growth momentum, driven mainly by domestic demand and the spillover effect of global growth. The Grains and Agribusiness segment is expected to perform satisfactorily amidst a competitive operating environment. Performance of the Consumer Products segment is expected to remain stable. The Film Exhibition and Distribution business is expected to be supported by its newly-opened cinemas in Malaysia and Vietnam. The Environmental Engineering and Utilities segment will focus on timely completion of on-going projects and participate in tendering for prospective projects.
    [Show full text]
  • Ppb Group Berhad Investor Handbook 2007
    PPB GROUP BERHAD INVESTOR HANDBOOK 2007 CONTENTS introduction 4 40 environmental engineering and corporate profile 5 waste management mission statement 6 42 flour milling corporate history 7 44 glove manufacturing corporate objectives 9 46 integrated agribusiness corporate structure 10 48 livestock farming board of directors 12 50 packaging group management team 17 52 property development amusement centre operations 24 54 sugar refining animal feed milling 26 58 group financial highlights chemicals manufacturing 28 60 5-year group statistics cinema operations 30 62 financial performance consumer products distribution 33 64 movements in share capital contract manufacturing 36 66 dividend record engineering services 38 67 investor relations programme for 2008 the corporation introduction 4 corporate profile 5 mission statement 6 corporate history 7 corporate objectives 9 corporate structure 10 board of directors 12 group management team 17 INTRODUCTION As part of PPB’s investor relations’ programme, we are pleased to launch our seventh Investor Handbook, which we trust will give sufficient information on the Group’s diversified activities to our shareholders and the investment community. We have provided a current update of the Group’s businesses to ensure continued interest towards our ventures and direction, and also to assist in appraising our future growth. PPB Group is continually striving to strengthen its position as a market leader in its core businesses and expand into related industries, which are synergistic to existing operations in order to maintain its competitive edge in the market and to provide sustainable shareholder value. Datuk Oh Siew Nam Chairman 4 CORPORATE PROFILE PPB Group Berhad was incorporated in Malaysia in In June 2007, the Group completed the disposal of its 1968 and was subsequently listed on the then Stock oil palm plantations and edible oils trading and Exchange of Kuala Lumpur and Singapore with an refining businesses to Wilmar International Limited issued and paid-up capital of RM15 million in 1972.
    [Show full text]
  • 418 Ext 02 0.Pdf
    77 August - September 2014 ISSUE JAPAN FOUNDATION KUALA LUMPUR BIMONTHLY NEWSLETTER WWW.JFKL.ORG.MY ...................................................................... JFKL’s Upcoming Programme Japanese Film Festival 2014 Laughter Of 600 Years – Mansai Nomura Kyogen Performance Asian Puppet Theatre Exchange The World Heritage in Japan – History, Nature and Food The Weekend Japanese Film Show Nihongo WAIWAI Club Japanese Language Proficiency Test (JLPT) Familiarization Course New Intake © GAGA Corporation © 2013 Nibariki - GNDHDDTK ©2012 “Tug of War!” Film Partners © 2012 “Leaving on the 15th Spring” Film Partners 02 / UPCOMING EVENTS / FILM The Japan Foundation Kuala Lumpur has pulled the curtains on the full programme for the 11th edition of the Japanese Film Festival to be held at selected Golden Screen Cinemas venues across Malaysia. Over four weeks in September and October, the event will showcase the best in Japanese motion pictures. Cinephiles can expect a heady mix of titles to whet every appetite, from light-hearted 2014 mainstream fare to movies that have made the rounds in film festivals the likes of Cannes, Berlin, Venice, Toronto and New York. Touching human dramas dominate the 13-strong list, which includes five new releases. Yuki Tanada’s exploration of grief and loss in “Mourning Recipe” stars an award-winning cast boasting a Japan Academy Prize and Venice Film Festival Marcello Mastroianni Award to their names. Meanwhile, Mikako Ichikawa, who picked up the prestigious Silver St. George in 2002, plays a kooky woman who rents cats to lonely people in “Rent-a-Cat”. Visitors will also find definite crowd-pleasers in Hirokazu Koreeda’s Cannes Jury Prize-winning family drama “Like Father, Like Son”, Hayao Miyazaki’s swansong biopic “The Wind Rises” and action-comedy “Samurai Hustle”, which went straight to number two at the Japan box office in its opening week.
    [Show full text]
  • Investor Upd a Te
    QUARTERLY REPORT 2015 REGISTERED OFFICE: PPB GROUP BERHAD 8167-W UPDATE 12th Floor, UBN Tower, 10, Jalan P. Ramlee, 50250 Kuala Lumpur, Malaysia T 603 2726 0088 F 603 2726 0099 (General) / 603 2726 0198 (Corporate Affairs) INVESTOR E [email protected] INVESTOR UPDATE From The Desk Of The Chairman Dear Shareholders, FINANCIAL SUMMARY We are pleased to report that PPB Group’s revenue rose by 11% to RM977 million for 1Q2015 compared with the corresponding quarter last year. The increase was primarily driven by improved revenue in the grains and agribusiness, environmental engineering and utilities; and film exhibition and distribution segments. However, revenue from the property segment, chemicals and other operations in the combined segment; as well as consumer products segment were lower in 1Q2015. The Group registered a pre-tax profit of RM267 million in 1Q2015, an increase of 53% from the corresponding quarter last year, due to higher profit contribution from our 18.3% associate, Wilmar International Limited and better performance in the grains and agribusiness segment. These profits cushioned lower results recorded by the consumer products and property segments; and investments and other operations in the combined segment. Profit for the period increased to RM235 million from RM155 million and accordingly, earnings per share for 1Q2015 stood at 19.65 sen compared with 12.17 sen in the first quarter last year. HAPPENINGS PPB held its first Press and Analyst Briefing for the year on 5 March 2015, to review the 2014 results and latest developments in the Group. The briefing was attended by analysts, fund managers and local press.
    [Show full text]
  • A N N I V E R S A
    th 50 Golden Years of EXCELLENCE REACHING GREATER HEIGHTS ANNIVERSARY Annual Report 2017 The Road to Success Property 1,732 Consolidated Profit Before Tax Our leadership position in our core businesses supported by financial (RM Million) strength puts us in good stead to achieve greater heights in the future. Consumer Products 1,401 1,293 1,211 1,181 1,121 1,057 1,063 1,028 917 Environmental 840 763 733 Engineering & 707 Utilities 629 Film Exhibition & 509 392 409 Distribution 369 Grains & 338 347 312 312 322 Agribusiness 268 236 204 210 170 157 57 63 55 65 69 69 77 68 2 3 5 26 27 39 (0.7) 1968 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Year of Incorporation 20 26 29 101 109 119 135 173 275 388 375 424 433 420 425 1,205 1,524 2,069 2,686 2,395 2,670 3,120 3,528 3,821 4,715 4,817 5,051 4,971 5,206 5,394 5,805 6,134 6,369 7,289 11,984 13,216 15,067 13,914 15,199 15,579 17,065 18,605 21,925 22,703 22,888 Total Assets (RM Million) 50 Golden Years of EXCELLENCE REACHING GREATER HEIGHTS 1960s The Milestones of PPB Group Berhad PPB Group The Milestones of The beginning of PPB Group Berhad In 1968..
    [Show full text]