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PPB GROUP (PEP MK, PEPT.KL) 11 Dec 2020
CONSUMER PPB GROUP (PEP MK, PEPT.KL) 11 Dec 2020 Proxy to recovery in consumer sector Company report HOLD Gan Huey Ling, CFA (Initiation) [email protected] 03 2036 2305 Rationale for report: Initiation Investment Highlights Price RM18.74 Fair Value RM20.30 52-week High/Low RM19.96/RM15.00 We initiate coverage on PPB Group with a HOLD recommendation and fair value of RM20.30/share. Our fair Key Changes value of RM20.30/share for PPB is based on an FY21F PE Fair value Initiation of 22x. Although we like PPB for its sound fundamentals, EPS Initiation we believe that the group’s PE valuations are fair. YE to Dec FY19 FY20E FY21F FY22F Our PE assumption of 22x for PPB is 15% lower than the Revenue (RMmil) 4,683.8 3,952.6 4,492.0 4,691.0 FY21F PEs of 25x to 27x of some of the larger consumer Net profit (RMmil) 1,152.6 1,239.8 1,310.8 1,404.1 companies in Malaysia (Exhibit 1). We have applied a EPS (sen) 81.0 87.1 92.1 98.7 discount as PPB’s consumer operations are smaller than EPS growth (%) 7.2 7.6 5.7 7.1 the likes of F&N Holdings and Dutch Lady Milk Industries. Consensus net (RMmil) 0.0 1,152.0 1,291.0 1,345.0 DPS (sen) 31.0 33.0 34.0 35.0 PE (x) 23.1 21.5 20.3 19.0 We forecast PPB’s gross DPS to increase to 33.0 sen in EV/EBITDA (x) 58.8 78.9 55.8 51.2 FY20E from 31.0 sen in FY19 in line with the rise in the Div yield (%) 1.7 1.8 1.8 1.9 group’s net profit. -
Oleon Palm Mill List 2019 Short.Xlsx
Oleon NV palm mill list 2019 version 06/07/2020 # Mill name Mill parent company Country Location Latitude Longitude 1 AATHI BAGAWATHI MANUFACTUR ABDI BUDI MULIA Indonesia NORTH SUMATRA 2.05228 100.25207 2 ABAGO S.A.S. PALMICULTORES DEL NORTE Colombia Km 17 vía Dinamarca, Acacías - Meta 3.960839 -73.627319 3 ABDI BUDI MULIA 1 SUMBER TANI HARAPAN (STH) Indonesia NORTH SUMATRA 2.05127 100.25234 4 ABDI BUDI MULIA 2 SUMBER TANI HARAPAN (STH) Indonesia NORTH SUMATRA 2.11272 100.27311 5 Abedon Oil Mill Kretam Holdings Bhd Malaysia 56KM, Jalan Lahad DatuSandakan, 90200 Kinabatangan, Sabah 5.312372 117.978891 6 ACE OIL MILL S/B ACE OIL MILL SDN. BHD Malaysia KM22, Lebuhraya Keratong-Bahau, Rompin, Pahang 2.91192 102.77981 7 Aceites Cimarrones S.A.S. Aceites Cimarrones S.A.S. Colombia Fca Tucson II Vda Candelejas, Puerto Rico, Meta 3.03559 -73.11147 8 ACEITES S.A. ACEITES S.A. Colombia MAGDALENA 10.56788889 -74.20816667 9 Aceites Y Derivados S.A. Aceites Y Derivados S.A. Honduras KM 348, Carretera Al Batallon Xatruch, Aldea Los Leones, Trujillo, Colon 15.825861 -85.896861 10 ACEITES Y GRASAS DEL CATATUMBO SAS OLEOFLORES S.A. Colombia META 3.718639 -73.701775 11 ACHIJAYA ACHIJAYA PLANTATION Malaysia Lot 677, Jalan Factory, Chaah, Johor 85400 2.204167 103.041389 12 Adela FGV PALM INDUSTRIES SDN BHD Malaysia Adela, 81930 Bandar Penawar, Johor Darul Takzim 1.551917 104.186361 13 ADHIRADJA CHANDRA BUANA ADHIRADJA CHANDRA BUANA Indonesia JAMBI -1.6797 103.80176 14 ADHYAKSA DHARMA SATYA EAGLE HIGH PLANTATIONS Indonesia CENTRAL KALIMANTAN -1.58893 112.86188 15 Adimulia Agrolestari ADIMULIA AGRO LESTARI Indonesia Subarak, Gn. -
On the Crabs of the Family Ocypodidae in the Collection of the Raffles Museum M. W. F. TWEEDIE
Reprint from Bulletin of the Raffles Museum, Singapore, Straits Settlements, No. IS, August 1937 On the Crabs of the family Ocypodidae in the collection of the Raffles Museum hy M. W. F. TWEEDIE M. W. F. TWEEDIE On the Crabs of the Family Ocypodidae in the Collection of the Raffles Museum By M. W. F. TwEEDiE, M.A. The material described in this paper has been collected for the most part during the last four years, mainly in mangrove swamps around Singapore Island and at a few localities on the east and west coasts of the Malay Peninsula. The greater part of the paper and most of the figures were prepared at the British Museum (Natural History) during August and September, 1936, and my grateful acknowledgments are due to the Director for permission to work there and for facilities provided, and particularly to Dr. Isabella Gordon for her unfailing help and encouragement. I wish also to express my thanks to the Directorates of the Zoological Museums at Leiden and Amsterdam for permission to examine types, and for the helpfulness and courtesy with which I was received by the members of the staffs of these museums. Finally acknowledgments are due to Prof. Dr. H. Balss, Dr. B. N. Chopra and Dr. C. J. Shen for their kindness in comparing specimens with types and authentic specimens in their respective institutions. The mode adopted for collecting the material may be of interest to collectors of Crustacea, and possibly other invertebrate groups, in the tropics. It was found that if crabs, especially Grapsidse and Ocypodidse, are put straight into alcohol, they tend to die slowly and in their struggles to shed their limbs and damage each other, so that often less than 10% of the collection survive as perfect specimens. -
Tropicana Corporation Berhad Annual Report 2019
TROPICANA CORPORATION BERHAD [Registration No. 197901003695 (47908-K)] the art of living www.tropicanacorp.com.my ANNUAL REPORT 2019 TROPICANA CORPORATION BERHAD [Registration No. 197901003695 (47908-K)] Unit 1301, Tropicana Gardens Office Tower No. 2A, Persiaran Surian, Tropicana Indah, 47810 Petaling Jaya Selangor Darul Ehsan, Malaysia Annual Report 2019 Tel: +603 7663 6888 Fax: +603 7663 6688 2019 FACTS AT Total Revenue RM1.1 billion in FY19* A GLANCE Total Development Properties Sales Back in 2013, we changed our name to Tropicana Corporation Berhad – a name RM718.3 million in FY19* synonymous with the prestigious Tropicana Golf & Country Resort. This sets a clear direction for the Group and with it, we began to redefine both ourselves and our integrated developments by leveraging on the iconic ‘T’ branding. After more than two decades in the property industry, and having pioneered residential resort-style living with the advent of Tropicana Golf & Country Resort and Tropicana Indah Resort Homes, we established a unique DNA that sets us apart. Current landbank of 2,344.0 acres with a total potential GDV of RM70.0 billion** This DNA focuses on accessibility, connectivity, innovative concepts and designs, generous open spaces, amenities, facilities, multi-tiered security and quality. With emphasis on our customers’ needs, we have been innovating and redefining the art of living through the creation of our integrated developments by incorporating residential and commercial components to create thriving townships that are strategically connected. Over 50 completed developments Fuelled by passion to be one of the premier property developers, we will continue with 6 ongoing townships to deliver to our customers products that are intrinsically linked with our Tropicana brand. -
Southeastern Food Supplies 東南食品公司
Southeastern Food Supplies 東南食品公司 Miami Tampa 11077 NW 36th Ave 3402 Queen Palm Dr Miami, FL 33167 Tampa, FL 33619 Tel: 305-688-2228 Tel: 813-628-8182 Fax: 305-685-7500 Fax:813-635-9701 Website:www.sefoodsupplies.com Email:[email protected] April 2019 Southeastern Food Supplies Four Elephants Brand 4 Elephants Jasmine Rice 4 Elephants Jasmine Rice Organic Jasmine Rice 4 Elephants Jasmine Rice 0111701 0111600 0112100 0111700 50 lbs 25 lbs 2 x 20 lbs 5 x 10 lbs Jasmine Rice Jasmine Rice Rice Stick Straight Cut 3mm Rice Stick 3mm 0112900 0112800 1714100 1713100 6 x 2 lbs 6 x 5 lbs 30 x 16 oz 30 x 16 oz Rice Stick 5mm Rice Stick 10mm Rice Vermicelli Rice Paper 22cm Round 1713200 1713300 1713500 1713600 30 x 16 oz 30 x 16 oz 30 x 400 g 44 x 12 oz Organic Coconut Milk Fish Sauce - 4 Elephants 1733750 1721300 . 12 x 13.5 oz 12 x 25 oz Page 1/25 0.00 Southeastern Food Supplies Lee Kum Kee Panda Oyster Sauce Panda Oyster Sauce Panda Oyster Sauce Green Premium Oyster Sauce 0418000 0418300 0418001 0418201 24 x 18 oz 12 x 32 oz 24 x 18 oz 24 x 18 oz Premium Oyster Sauce Lo Mein Oyster Sauce Kum Chun Oyster Sauce Choy Sun Oyster Sauce 0418202 0437902 0418010 0417800 12 x 32 oz 12 x 19.2 oz 24 x 17 oz 24 x 18 oz Veg Stir Fry Sauce Veg Mushroom Stir Fry Veg Mushroom Stir Fry Hoisin Sauce 0448900 0448902 0423000 0418100 12 x18 oz 12 x 20 oz 6 x 85 oz 12 x 20 oz Hoisin Sauce Hoisin Sauce Glass Bottle Hoisin Sauce Gluten Free Veg Hoisin Sauce 0418400 0448340 0422400 0414401 12 x 36 oz 12 x 14 oz 12 x 9.45 oz 12 x 20 oz Page 2/25 0.00 Southeastern -
Nongshim Bowl Noodle (Shin) 12/86G ($) 6.80 March 1, 2007 Date of Price Increase in Korea
Case3:13-cv-04115-WHO Document61 Filed03/24/14 Page1 of 47 1 2 3 4 5 6 7 UNITED STATES DISTRICT COURT 8 NORTHERN DISTRICT OF CALIFORNIA 9 SAN FRANCISCO DIVISION 10 Civil Action No. C-13-04115-WHO 11 IN RE KOREAN RAMEN ANTITRUST LITIGATION 12 CONSOLIDATED DIRECT PURCHASER CLASS ACTION 13 COMPLAINT 14 THIS DOCUMENT RELATES TO: JURY TRIAL DEMANDED 15 All Direct Purchaser Actions 16 17 18 19 20 21 22 23 24 25 26 27 28 CONSOLIDATED DIRECT PURCHASER CLASS ACTION COMPLAINT CASE NO. C-13-04115-WHO Case3:13-cv-04115-WHO Document61 Filed03/24/14 Page2 of 47 1 I. INTRODUCTION 2 1. Plaintiffs bring this action individually and on behalf of a class (“Class”) consisting 3 of all persons and entities who directly purchased Korean Noodles from Defendants1 in the United 4 States and its territories (collectively, “U.S.” or “United States”) from May 1, 2001 to December 31, 5 2010 (the “Class Period”). Korean Noodles is an instant noodle soup product consisting of dried 6 instant noodles paired with a seasoning packet and dehydrated vegetables, packaged in a bag (or 7 pouch), cup, or bowl. 8 2. This action arises out of a conspiracy among the Defendants and their co-conspirators 9 spanning over a decade to fix, raise, maintain and/or stabilize the prices of Korean Noodles sold to 10 Plaintiffs and members of the Class in the U.S. and elsewhere. 11 3. At an initial meeting at the Renaissance Seoul Hotel in December 2000 or January 12 2001, the Korean Defendants conspired and agreed to a specific protocol that would be followed to 13 implement factory-level price increases. -
Analyst Briefing for 31 December 2020 Final Year Results
UNAUDITED RESULTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 Disclaimer: The contents of this presentation include materials which may be capable of being interpreted as forward-looking statements. Such statements are merely estimates and targets, based on circumstances and reasonable assumptions which apply only at the date of such statements. Accordingly, no reliance should be placed on any forward-looking statements, express or implied, contained in this presentation. 1 AGENDA GROUP FINANCIAL HIGHLIGHTS REVIEW OF MAJOR OPERATIONS Financial Performance Key Events in 2020 Developments for 2021 5-YEAR PBT TRACK RECORD CAPITAL AND OTHER COMMITMENTS DIVIDEND RECORD SHARIAH-COMPLIANCE STATUS PROSPECTS FOR 2021 2 GROUP FINANCIAL HIGHLIGHTS 3 FINANCIAL RESULTS FOR THE YEAR ENDED 31 DEC 2020 (Figures in RM) 2020 2019 Change Revenue 4.19 bil 4.68 bil (10.5%) Operating Expenses 4.17 bil 4.48 bil (6.9%) Share of Wilmar’s Profit 1.24 bil 0.96 bil 29.4% PBT 1.42 bil 1.27 bil 11.7% Profit attributable to 1.32 bil 1.15 bil 14.3% owners of the parent EPS 92.57 sen 81.02 sen 14.3% 4 SEGMENTAL INFORMATION FOR THE YEAR ENDED 31 DEC 2020 1% 1% 4% 3% 15% Total Segment Revenue: RM 4.19 billion Grains & Agribusiness Consumer Products Film Exhibition & Distribution 76% Environmental Engineering & Utilities Investments & Other Operations Property 5 SEGMENTAL INFORMATION FOR THE YEAR ENDED 31 DEC 2020 19% 2% 1% Total Segment Profit: RM1.42 billion -9% Grains & Agribusiness Consumer Products n.m Film Exhibition & Distribution Environmental Engineering & Utilities Investments & Other Operations 87% Property n.m. -
Geographical Codes Countries of the World & Unique Locations
BELLCORE PRACTICE BR 751-401-180 ISSUE 16, FEBRUARY 1999 COMMON LANGUAGE® Geographical Codes Countries of the World & Unique Locations BELLCORE PROPRIETARY - INTERNAL USE ONLY This document contains proprietary information that shall be distributed, routed or made available only within Bellcore, except with written permission of Bellcore. LICENSED MATERIAL - PROPERTY OF BELLCORE Possession and/or use of this material is subject to the provisions of a written license agreement with Bellcore. Geographical Codes Countries of the World & Unique Locations BR 751-401-180 Copyright Page Issue 16, February 1999 Prepared for Bellcore by: R. Keller For further information, please contact: R. Keller (732) 699-5330 To obtain copies of this document, Regional Company/BCC personnel should contact their company’s document coordinator; Bellcore personnel should call (732) 699-5802. Copyright 1999 Bellcore. All rights reserved. Project funding year: 1999. BELLCORE PROPRIETARY - INTERNAL USE ONLY See proprietary restrictions on title page. ii LICENSED MATERIAL - PROPERTY OF BELLCORE BR 751-401-180 Geographical Codes Countries of the World & Unique Locations Issue 16, February 1999 Trademark Acknowledgements Trademark Acknowledgements COMMON LANGUAGE is a registered trademark and CLLI is a trademark of Bellcore. BELLCORE PROPRIETARY - INTERNAL USE ONLY See proprietary restrictions on title page. LICENSED MATERIAL - PROPERTY OF BELLCORE iii Geographical Codes Countries of the World & Unique Locations BR 751-401-180 Trademark Acknowledgements Issue 16, February 1999 BELLCORE PROPRIETARY - INTERNAL USE ONLY See proprietary restrictions on title page. iv LICENSED MATERIAL - PROPERTY OF BELLCORE BR 751-401-180 Geographical Codes Countries of the World & Unique Locations Issue 16, February 1999 Table of Contents COMMON LANGUAGE Geographic Codes Countries of the World & Unique Locations Table of Contents 1. -
The Forgotten World War II Airfield: the Case of Morib Airfield
EDUCATUM – Journal of Social Science (EJOSS), Vol.7 No.1, 2021 ISSN 2289-9391 / eISSN 2462-2443 (10-18) The Forgotten World War II Airfield: The Case of Morib Airfield Wardatul Hayat Adnan1, Dazmin Daud2, MohdFarizi Jamaluddin3 1Faculty of Communication and Media Studies, UniversitiTeknologi MARA, Selangor, Malaysia 2Faculty of Business and Management, UCSI University, Kuala Lumpur, Malaysia 3Faculty of Social Sciences and Liberal Arts, UCSI University, Kuala Lumpur, Malaysia *e-mail: [email protected] Received: 28 May 2020; Accepted: 24 December 2020; Published: 02 January 2021 To cite this article (APA): Adnan, W. H., Daud, D., & Jamaluddin, M. F. (2021). The Forgotten World War II Airfield: The Case of Morib Airfield. EDUCATUM Journal of Social Sciences, 7(1), 10-18. https://doi.org/10.37134/ejoss.vol7.1.2.2021 To link to this article: https://doi.org/10.37134/ejoss.vol7.1.2.2021 Abstract The airfield site at Kelanang in Selangor, Malaysia was operated during World War II under the Japanese Occupation. During that time, it was noted for its air force surveillance centre which protected the area from Port Swettenham or previously known as Port Klang to Port Dickson. It also acted as a military logistics that planned and carried out the movement, supply, and maintenance of military forces to sustenance Morib area. Currently, this historical structure and its remains have no longer exist. The area has now been transformed to a palm oil plantation. As time goes by, this airfield has been forgotten and invisible to our young generation. In addition to that, there are lack of literature and studies about the history and its roles during and after World War II. -
Setting New Standards Annual Report 2010 Contents NONGSHIM IS a GLOBAL FOOD COMPANY THAT MAKES ITS CUSTOMERS' HEALTH and Corporate Profile 03 HAPPINESS a PRIORITY
Setting New StaNdardS Annual Report 2010 ContentS NONGSHiM iS A gLoBAL FOOD CoMPAnY tHAt MAKeS ITS CUSTOMeRS' HeALtH AnD Corporate Profile 03 HAPPINESS A PRIORITY. Financial Highlights 04 CeO Message 06 Nongshim is developing into a global food company pursuing foods for longevity for Setting New Standards 08 good health and happiness of customers. Vision 2015 14 Nongshim has contributed to customers’ bountiful life over the past 46 years. With the aim of becoming a stronger and more trustworthy global food company, Nongshim review of Operations 16 reestablished its corporate philosophy, core value and mid-/long-term goals, and is now focusing on developing differentiated longevity foods, seeking new businesses and Globalization 28 expanding its global reach. Sustainability 36 In particular, Korean-type rice noodles created by Nongshim’s innovative technologies have changed the paradigm of well-being noodles and evolved into representative Financial review 44 longevity foods. Today, they are exported to more than 30 countries including the US, affiliates 54 China and Japan. Holding Co. & Investment Structure 55 We will continue to invest much more efforts in expanding longevity foods and pioneering overseas markets. By doing so, we will be a company that can share good health and Overseas Plants 56 happiness with all customers around the world. Global Network 58 our instant noodle business posted KRW1.26 trillion in sales, down 2.2% from a year before, due to a drop in prices of FinAnCial HighlightS our five major brands including ‘Shin -
Malaysia Real Estate Highlights
RESEARCH REAL ESTATE HIGHLIGHTS 2ND HALF 2016 KUALA LUMPUR PENANG JOHOR BAHRU KOTA KINABALU HIGHLIGHTS KUALA LUMPUR HIGH END CONDOMINIUM MARKET Despite the subdued market, there were noticeably more ECONOMIC INDICATORS launches and previews in the TABLE 1 second half of 2016. Malaysia’s Gross Domestic Product Completion of High End (GDP) grew 4.3% in 3Q2016 from 4.0% Condominiums / Residences in in 2Q2016, underpinned by private 2H2016 The secondary market, however, expenditure and private consumption. continues to see lower volume Exports, however, fell 1.3% in 3Q2016 of transactions due to the weak compared to a 1.0% growth in 2Q2016. economy and stringent bank KL Trillion lending guidelines. Amid growing uncertainties in the Jalan Tun Razak external environment, a weak domestic KL City market and continued volatility in the 368 Units The rental market in locations Ringgit, the central bank has maintained with high supply pipeline and a the country’s growth forecast for 2016 at weak leasing market undergoes 4.0% - 4.5% (2015: 5.0%). correction as owners and Le Nouvel investors compete for the same Headline inflation moderated to 1.3% in Jalan Ampang 3Q2016 (2Q2016: 1.9%). pool of tenants. KL City 195 Units Unemployment rate continues to hold steady at 3.5% since July 2016 (2015: The review period continues to 3.1%) despite weak labour market see more developers introducing conditions. Setia Sky creative marketing strategies and Residences - innovative financing packages Bank Negara Malaysia (BNM) lowered the Divina Tower as they look to meet their sales Overnight Policy Rate (OPR) by 25 basis Jalan Raja Muda KL City target and clear unsold stock. -
SENARAI PENGGERAK BELIA TEMPATAN (Pebt) MAJLIS DAERAH KUALA LANGAT
SENARAI PENGGERAK BELIA TEMPATAN (PeBT) MAJLIS DAERAH KUALA LANGAT ZON NAMA ALAMAT NO TEL / EMAIL KAWASAN 1 MOHD LUQMAN BIN MOHD LOT 3605, BATU 7 012-2374126 TAMAN PERWIRA, TAMAN SRI JAIL SIJANGKANG 42500 TELUK [email protected] MEDAN, TAMAN SIJANGKANG 890324-10-5325 PANGLIMA GARANG INDAH, TAMAN SIJANGKANG PERMAI, TAMAN SIJANGKANG JAYA, TAMAN BAYU SIJANGKANG, TAMAN DESA SIJANGKANG, KG. SIJANGKANG 2 MUHAMMAD SYAZWAN BIN LOT 9781-A JALAN BESAR BT 017-4725750 TAMAN MEDAN INDAH, TAMAN AZHAR 8 1/2 KG MEDAN, 42500 [email protected] IRAM PERDANA, TAMAN 901124-10-5989 TELUK PANGLIMA GARANG 7614987715 MEDAN JAYA, TAMAN SIJANGKANG INDAH 3, KG. MEDAN. 3 DIVHYA SHANTHINI RAJ NO.5, JALAN DENDANG 1, 016-2092484 TAMAN DESA WIRA, TAMAN 981111-10-5720 TAMAN TELOK, 42500 [email protected] PAHLAWAN, TAMAN JAYA TELOK PANGLIMA GARANG, CIMB : 7061617782 UTAMA, TAMAN SATRIA, SELANGOR TAMAN PANGLIMA, TAMAN NAKHODA, TAMAN TELUK, TAMAN BENTARA, TAMAN SERIKANDI, KWSN PERINDUSTRIAN TPG, KWSN PERUSAHAAN KEBUN BARU, KG. BT 9 KEBUN BARU, KG. BT 10 KEBUN BARU. 4 HEMABALAN A/L VADAMALAI 80, JALAN PERMATA 4, 019-2159224 TAMAN SETIA, TAMAN 890828-10-5193 TAMAN YAYASAN, 42600 [email protected] MAKMUR, TAMAN JENJAROM JENJAROM PUBLIC BANK: 6351805135 PERMAI, TAMAN KOTA, TAMAN RAMBAI INDAH, TAMAN SERI JAROMAS, TAMAN SEJAHTERA, TAMAN RIA, TAMAN AMANAH, TAMAN SENTOSA, KWSN PERUSAHAAN RINGAN JENJAROM, KWSN PERUSAHAAN CHEEDING, KWSN PERINDUSTRIAN SG RAMBAI, KG SG RAMBAI, KG SERI CHEEDING (SEBAHAGIAN), KG JENJAROM. 5 DZUL NAWAWI BIN MUNAWER LOT 1938 JALAN TANJUNG 012-3190523 TAMAN DATO’ HORMAT, 860519-43-5677 BT 9 DALAM, KG MEDAN, [email protected] TAMAN AMAN, TAMAN 42500 TELOK PANGLIMA BANK ISLAM : HALIJAHTON, TAMAN INDAH GARANG 12234021344935 JAYA, PEKAN TELUK PANGLIMA GARANG (SEBAHAGIAN), KWSN PERUSAHAAN TELUK MENGKUANG, KG TELUK PANGLIMA GARANG.