cover - sinmah report/2014.pdf · cover rationale the cover's theme --goodness that tastes great--...

COVERRATIONALEThe cover's theme --Goodness That TastesGreat-- highlights the tremendous nutritionalvalue of our products as well as theirirresistible deliciousness. The diversity of ourproduct range is clearly emphasized on thecover. In addition, the image of the delightedchildren conveys the satisfaction of ourcustomers. Bold and vibrant, the covercaptures the essence of our company'sbouyant spirit as it grows from strength tostrength.

Chicken Meatballs

Chicken Meatballs(Vegetable)

Terriyaki Nuggets

FARM’S BEST BERHAD (301653-V) P 1ANNUAL REPORT 2014

TABLE OF CONTENTS>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >

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NOTICE OF ANNUAL GENERAL MEETING>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

FARM’S BEST BERHAD (301653-V)P 4 ANNUAL REPORT 2014


Sinmah Livestocks Sdn Bhd

Joint Farming Sdn Bhd

Joint Food Proccessing Sdn Bhd

Chem Ventures Sdn Bhd

Syarikat Perniagaan Suann Sdn Bhd

Suann Food Processors Sdn Bhd

Sinmah Multifeed Sdn Bhd

Sinmah Egg Products Sdn Bhd

Farm's Best Food Industries Sdn Bhd

SM Broilers Sdn Bhd

Sinmah Development Sdn Bhd

Realtemas Realty Sdn Bhd

Sinmah Builders Sdn Bhd

Cosmal Enterprise Sdn Bhd

Dee Huat Farming Trading Sdn Bhd

Bersatu Segar Sdn Bhd

100%

100%

100%

100%

Sinmah Breeders Sdn Bhd100%

99.99%

51%

100%

100%

100%

60%

58.91%

100%

Sinmah Poultry Farm Sdn Bhd

100%

100%

100%

100%

100%


CORPORATE STRUCTURE>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


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CORPORATE INFORMATION>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


DIRECTORS’ PROFILE>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


DIRECTORS’ PROFILE>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


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CHAIRMAN’S STATEMENT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


CHAIRMAN’S STATEMENT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


MANAGEMENT DISCUSSION AND ANALYSIS>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


MANAGEMENT DISCUSSION AND ANALYSIS>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


CORPORATE SOCIAL RESPONSIBILITY>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


CORPORATE SOCIAL RESPONSIBILITY>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


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CORPORATE GOVERNANCE STATEMENT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


CORPORATE GOVERNANCE STATEMENT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


INTERNAL CONTROL STATEMENT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


INTERNAL CONTROL STATEMENT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


AUDIT COMMITTEE REPORT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


AUDIT COMMITTEE REPORT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


FINANCIAL STATEMENTS>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


DIRECTORS’ REPORT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


DIRECTORS’ REPORT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


STATEMENT BY DIRECTORS>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


INDEPENDENT AUDITORS’ REPORT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


STATEMENTS OF FINANCIAL POSITION >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


STATEMENTS OF COMPREHENSIVE INCOME>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Attributable to Owners of the Parent Non-distributable Non- Share Share Other Accumulated Controlling Total Capital Premium Reserves losses Total Interests EquityGroup RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

At 1 January 2014 61,083 62,410 3,142 (34,282) 92,353 6,580 98,933

Total comprehensive income for the financial year - - 564 2,230 2,794 (1,075) 1,719

At 31 December 2014 61,083 62,410 3,706 (32,052) 95,147 5,505 100,652

Attributable to Owners of the Parent Attributable Non-distributable equity Non- Share Share Other Accumulated holders of Controlling Total Capital Premium Reserves losses the parent Interests EquityGroup RM RM RM RM RM RM RM

At 1 January 2013 55,530 62,641 (368) (36,196) 81,607 6,660 88,267

Total comprehensive income for the financial year - - (128) 4,330 4,202 (80) 4,122

Transactions with owners: Private share placement 5,553 1,222 - - 6,775 - 6,775 Private placement expenses - (231) - - (231) - (231) Transfer to accumulated losses - - (68) 68 - - - Issuance of warrants - (1,222) 3,706 (2,484) - - -

5,553 (231) 3,638 (2,416) 6,544 - 6,544

At 31 December 2013 61,083 62,410 3,142 (34,282) 92,353 6,580 98,933


STATEMENTS OF CHANGES IN EQUITY >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Non-distributable Share Share Other Accumulated Capital Premium Reserve Losses Total Company RM’000 RM’000 RM’000 RM RM

At 1 January 2014 61,083 62,410 3,706 (46,696) 80,503

Total comprehensive income for the financial year - - - 256 256

At 31 December 2014 61,083 62,410 3,706 (46,440) 80,759

At 1 January 2013 55,530 62,641 - (42,881) 75,290

Total comprehensive income for the financial year - - - (1,331) (1,331)

Transaction with owners: Private share placement 5,553 1,222 - - 6,775 Private placement expenses - (231) - - (231) Issuance of warrants - (1,222) 3,706 (2,484) -

5,553 (231) 3,706 (2,484) 6,544

At 31 December 2013 61,083 62,410 3,706 (46,696) 80,503


STATEMENTS OF CHANGES IN EQUITY >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


STATEMENTS OF CASH FLOWS>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


NOTES TO THE FINANCIAL STATEMENTS>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

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STATISTICS ON SHAREHOLDINGS>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


STATISTICS ON SHAREHOLDINGS-WARRANT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


LIST OF PROPERTIES OWNED BY THE GROUP>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >


LIST OF PROPERTIES OWNED BY THE GROUP>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>


ADDITIONAL COMPLIANCE INFORMATION>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >

This page has been intentionally left blank

FORM OF PROXY

I/We _________________________________________________________________________________________________(Full Name in Capital Letters)

of ___________________________________________________________________________________________________(Full Address)

being a member of FARM’S BEST BERHAD hereby appoint _____________________________________________________(Full Name in Capital Letters)

of ___________________________________________________________________________________________________(Full Address)

or failing him/her, ___________________________________________________ of __________________________________(Full Name in Capital Letters)

_____________________________________________________________________________________________________(Full Address)

or failing him/her, the CHAIRMAN OF THE MEETING as my/our proxy to attend and vote for me/us on my/our behalf at theTwenty-First Annual General Meeting of the Company to be held at Bilik Bunga Teratai, 7th Floor, Ramada Plaza Melaka, JalanBendahara, 75100 Melaka on Thursday, 25 June 2015 at 11.00 a.m. and at any adjournment thereof.

Please indicate with an “X” in the space provided below how you wish your votes to be cast. If no specific direction as to votingis given, the proxy will vote or abstain from voting at his/her discretion.

No. Ordinary Business For Against

1. To receive the Audited Financial Statements and Directorsʼ and Auditorsʼ Reportsfor the financial year ended 31 December 2014.

2. To approve the payment of Directorsʼ fees. Ordinary Resolution 1

3. To re-elect Datuk Ng Peng Hay@Ng Peng Hong as Director. Ordinary Resolution 2

4. To re-elect Mr Fong Ngan Teng as Director. Ordinary Resolution 3

5. To re-elect Datuk Hj Zainal Bin Shamsudin as Director. Ordinary Resolution 4

6. To appoint Auditors and to authorise the Directors to fix their remuneration.Ordinary Resolution 5

No. Special Business For Against

7. To re-appoint En Mohd Khasan Bin Ahmad as Independent Non-Executive Director.Ordinary Resolution 6

8. To re-appoint Datuk Hj Zainal Bin Shamsudin as Independent Non-Executive Director.Ordinary Resolution 7

9. Authority to Allot Shares pursuant to Section 132D of the Companies Act, 1965 Ordinary Resolution 8

Dated this ______ day of ________________ , 2015. --------------------------------------------------------------(Signature/Common Seal of Shareholder)

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Symphony Share Registrars Sdn. Bhd.Level 6, Symphony HousePusat Dagangan Dana 1

Jalan PJU 1A/4647301 Petaling Jaya

Selangor

fold here

fold here

STAMP

FARM’S BEST DEPOTS/ OFFICES INPENINSULAR MALAYSIA

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cover - sinmah report/2014.pdf · cover rationale the cover's theme --goodness that tastes great--...

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