|
|
|
MIRA INFORM REPORT
|
Report No. : |
509495 |
|
Report Date : |
19.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
JULIE'S MANUFACTURING SDN. BHD. |
|
|
|
|
Formerly Known As : |
·
GREATBRAND
FOOD INDUSTRIES SDN. BHD. ·
GREATBRAND
CONFECTIONERY FACTORY SDN BHD ·
OURBRAND
CONFECTIONERY FACTORY SDN BHD |
|
|
|
|
Registered Office : |
12-1, Jalan Pandan
Indah 1, Taman Pandan Indah, 75250 Melaka, Melaka |
|
|
|
|
Country : |
Malaysia |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
07.09.1995 |
|
|
|
|
Com. Reg. No.: |
358443-H |
|
|
|
|
Legal Form : |
Private Limited
(Limited By Share) |
|
|
|
|
Line of Business : |
The
Subject is principally engaged in manufacturing of biscuits. |
|
|
|
|
No. of Employees : |
300 [2018] |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
Malaysia |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
MALAYSIA - ECONOMIC
OVERVIEW
Malaysia, an upper middle-income country, has transformed itself since the 1970s from a producer of raw materials into a multi-sector economy. Under current Prime Minister NAJIB, Malaysia is attempting to achieve high-income status by 2020 and to move further up the value-added production chain by attracting investments in high technology, knowledge-based industries and services. NAJIB's Economic Transformation Program is a series of projects and policy measures intended to accelerate the country's economic growth. The government has also taken steps to liberalize some services sub-sectors. Malaysia is vulnerable to a fall in world commodity prices or a general slowdown in global economic activity.
The NAJIB administration is continuing efforts to boost domestic demand and reduce the economy's dependence on exports. Domestic demand continues to anchor economic growth, supported mainly by private consumption, which accounts for 53% of GDP. Nevertheless, exports - particularly of electronics, oil and gas, and palm oil - remain a significant driver of the economy. In 2015, gross exports of goods and services were equivalent to 73% of GDP. The oil and gas sector supplied about 22% of government revenue in 2015, down significantly from prior years amid a decline in commodity prices and diversification of government revenues. Malaysia has embarked on a fiscal reform program aimed at achieving a balanced budget by 2020, including rationalization of subsidies and the 2015 introduction of a 6% value added tax. Sustained low commodity prices throughout the period not only strained government finances, but also shrunk Malaysia’s current account surplus and weighed heavily on the Malaysian ringgit, which was among the region’s worst performing currencies during 2013-17. The ringgit hit new lows following the US presidential election amid a broader selloff of emerging market assets.
Bank Negara Malaysia (the central bank) maintains adequate foreign exchange reserves; a well-developed regulatory regime has limited Malaysia's exposure to riskier financial instruments, although it remains vulnerable to volatile global capital flows. In order to increase Malaysia’s competitiveness, Prime Minister NAJIB raised possible revisions to the special economic and social preferences accorded to ethnic Malays under the New Economic Policy of 1970, but retreated in 2013 after he encountered significant opposition from Malay nationalists and other vested interests. In September 2013 NAJIB launched the new Bumiputra Economic Empowerment Program, policies that favor and advance the economic condition of ethnic Malays.
Malaysia signed the 12-nation Trans-Pacific Partnership (TPP) free trade agreement in February 2016, although the future of the TPP remains unclear following the US withdrawal from the agreement. Along with nine other ASEAN members, Malaysia established the ASEAN Economic Community in 2015, which aims to advance regional economic integration.
|
Source : CIA |
EXECUTIVE SUMMARY
|
|
REGISTRATION
NO. |
: |
358443-H |
||||
|
GST NO. |
: |
000226738176 |
||||
|
COMPANY
NAME |
: |
JULIE'S
MANUFACTURING SDN. BHD. |
||||
|
FORMER
NAME |
: |
GREATBRAND
FOOD INDUSTRIES SDN. BHD. (07/09/2017) |
||||
|
INCORPORATION
DATE |
: |
07/09/1995 |
||||
|
COMPANY
STATUS |
: |
EXIST |
||||
|
LEGAL
FORM |
: |
PRIVATE
LIMITED (LIMITED BY SHARE) |
||||
|
LISTED
STATUS |
: |
NO |
||||
|
REGISTERED
ADDRESS |
: |
12-1, JALAN
PANDAN INDAH 1, TAMAN PANDAN INDAH, 75250 MELAKA, MELAKA, MALAYSIA. |
||||
|
BUSINESS
ADDRESS |
: |
AG6876,
ALOR GAJAH INDUSTRIAL ESTATE, 78000 ALOR GAJAH, MELAKA, MALAYSIA. |
||||
|
TEL.NO. |
: |
06-5561401 |
||||
|
FAX.NO. |
: |
06-5562476 |
||||
|
WEB
SITE |
: |
WWW.JULIES.COM.MY |
||||
|
CONTACT
PERSON |
: |
SAI
SEAK CHYUAN ( DIRECTOR ) |
||||
|
INDUSTRY
CODE |
: |
10711 |
||||
|
PRINCIPAL
ACTIVITY |
: |
MANUFACTURING
OF BISCUITS |
||||
|
AUTHORISED
CAPITAL |
: |
MYR
10,000,000.00 DIVIDED INTO |
||||
|
ISSUED
AND PAID UP CAPITAL |
: |
MYR
10,000,000.00 DIVIDED INTO |
||||
|
SALES |
: |
MYR
57,303,170 [2016] |
||||
|
NET
WORTH |
: |
MYR
38,043,451 [2016] |
||||
|
STAFF
STRENGTH |
: |
300
[2018] |
||||
|
||||||
|
LITIGATION |
: |
CLEAR |
||||
|
DEFAULTER
CHECK |
: |
CLEAR |
||||
|
FINANCIAL
CONDITION |
: |
FAIR |
||||
|
PAYMENT |
: |
REGULAR
|
||||
|
MANAGEMENT
CAPABILITY |
: |
AVERAGE |
||||
|
COMMERCIAL
RISK |
: |
LOW |
||||
|
CURRENCY
EXPOSURE |
: |
MODERATE |
||||
|
GENERAL
REPUTATION |
: |
GOOD |
||||
|
INDUSTRY
OUTLOOK |
: |
MARGINAL
GROWTH |
||||
HISTORY / BACKGROUND
|
The Subject is a private limited company and is allowed
to have a minimum of one and a maximum of forty-nine shareholders. As a private
limited company, the Subject shall have a minimum one director. A private
limited company is a separate legal entity from its shareholders. As a separate
legal entity, the Subject is capable of owning assets, entering into contracts,
sue or be sued by other companies. The liabilities of the shareholders are to
the extent of the equity they have taken up and the creditors cannot claim on
shareholders' personal assets even if the Subject is insolvent. The Subject is
governed by the Companies Act, 1965 and the company must file its annual
returns, together with its financial statements with the Registrar of
Companies.
The Subject is principally engaged in the (as a /
as an) manufacturing of biscuits.
The Subject is not listed on Bursa Malaysia
(Malaysia Stock Exchange).
The
immediate holding company of the Subject is JULIE'S CORPORATION SDN. BHD., a
company incorporated in MALAYSIA.
The
ultimate holding company of the Subject is JULIE'S INTERNATIONAL LIMITED, a
company incorporated in CAYMAN ISLANDS.
Former Address(es)
|
Address |
As At
Date |
|
6876,
KAWASAN PERINDUSTRIAN 2, KELEMEK, 78000, MELAKA, MALAYSIA |
01/02/2006 |
|
22-A, JALAN
TKL 6, TAMAN KOTA LAKSAMANA, 75200, MELAKA, MALAYSIA |
19/07/2005 |
|
195-B,
TAMAN MELAKA RAYA, 75000, MELAKA, MALAYSIA |
21/08/2000 |
|
PLOT
48, JALAN TUNAS SEKSYEN 1/11, TAMAN PERINDUSTRIAN MASJID TANAH, 78300,
MELAKA, MALAYSIA |
23/04/2018 |
Share Capital History
|
Date |
Authorised
Shared Capital |
Issue
& Paid Up Capital |
|
20/09/2011 |
MYR
10,000,000.00 |
MYR
10,000,000.00 |
|
19/07/2006 |
MYR
10,000,000.00 |
MYR
8,500,000.00 |
|
20/03/2002 |
MYR
10,000,000.00 |
MYR
4,998,000.00 |
|
07/09/1995 |
MYR
5,000,000.00 |
MYR
3.00 |
The major
shareholder(s) of the Subject are shown as follows :
Current
Shareholder(s) :
|
Name |
Address |
IC/PP/Loc
No |
Shareholding |
(%) |
|
JULIE'S
CORPORATION SDN. BHD. |
LOT 4.100,
TINGKAT 4, WISMA CENTRAL, JALAN AMPANG, 50450 KUALA LUMPUR, WILAYAH
PERSEKUTUAN, MALAYSIA. |
179362D |
10,000,000.00 |
100.00 |
|
--------------- |
------ |
|||
|
10,000,000.00 |
100.00 |
|||
|
============ |
===== |
+ Also
Director
Former Shareholder(s)
:
|
Name |
Country |
IC/PP/Loc
No |
Shareholding |
Last
Updated |
|
CHEW
LAM SING (F) |
N/A |
S1148196 |
1,148,000.00 |
N/A |
|
TAY CHO
EING |
MALAYSIA |
S7417508B |
175,000.00 |
N/A |
|
TAY KAY
CHIN |
MALAYSIA |
380816-01-5211 |
3,325,000.00 |
N/A |
|
TAY KAY
TAT |
N/A |
490406-04-5423 |
175,000.00 |
N/A |
|
TAY
TYNG NII |
N/A |
S7317148B |
175,000.00 |
N/A |
The
Subject's interest in other companies (Subsidiaries/Associates) are shown as
follow :
Local
No |
Country |
Company |
Status |
(%) |
As At |
|
360256H |
MALAYSIA |
MACGREAT
TRADING SDN. BHD. |
Disolved |
100.00 |
23/04/2018 |
DIRECTORS
|
DIRECTOR 1
|
Name Of
Subject |
: |
MR. SAI
SEAK CHYUAN |
|
Address |
: |
5490-C,
JALAN DATUK PALEMBANG, 75150 MELAKA, MELAKA, MALAYSIA. |
|
New IC
No |
: |
780820-71-5045 |
|
Nationality |
: |
MALAYSIAN |
|
Date of
Appointment |
: |
01/03/2010 |
INTEREST CHECK
|
Interest
in companies |
: |
see
below |
|
Interest
in business |
: |
none in
our databank |
|
Former
interest |
: |
see
below |
INTEREST
IN COMPANY
|
No |
Local
No |
Company |
Designation |
App
Date |
Shareholding |
Profit/(loss)
After Tax |
Financial
Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
269506T |
AGROPROCESS
MACHINES ENGINEERING SDN. BHD. |
Director |
17/03/2006 |
1.00 |
33.33 |
MYR(1,459.00) |
2015 |
Disolved
by Registrar |
23/04/2018 |
|
2 |
1141544D |
FOURMATE
PLANNING SDN. BHD. |
Director |
22/04/2015 |
10.00 |
1.00 |
MYR(55,152.00) |
2017 |
- |
23/04/2018 |
|
3 |
226682A |
GOLDEN
LODE SDN. BHD. |
Director |
13/01/2006 |
0.00 |
- |
MYR77,616.00 |
2016 |
- |
23/04/2018 |
|
4 |
868634X |
GRAND
CANYON LAND SDN. BHD. |
Director |
17/08/2009 |
59,999.00 |
30.00 |
MYR(38,698.00) |
2016 |
- |
23/04/2018 |
|
5 |
389014H |
JIACHEN
DEVELOPMENT SDN. BHD. |
Director |
10/12/2005 |
150,000.00 |
30.00 |
MYR(129,046.00) |
2016 |
- |
23/04/2018 |
|
6 |
179362D |
JULIE'S
CORPORATION SDN. BHD. |
Director |
02/02/2010 |
0.00 |
- |
MYR37,306,126.00 |
2016 |
- |
23/04/2018 |
|
7 |
358443H |
JULIE'S
MANUFACTURING SDN. BHD. |
Director |
01/03/2010 |
0.00 |
- |
MYR5,624,159.00 |
2016 |
- |
23/04/2018 |
|
8 |
103849D |
JULIE'S
MARKETING SDN. BHD. |
Director |
04/03/2010 |
0.00 |
- |
MYR1,593,337.00 |
2016 |
- |
23/04/2018 |
|
9 |
639628X |
JULIE'S
PROMOTIONS SDN. BHD. |
Director |
27/07/2009 |
1.00 |
50.00 |
MYR31,234.00 |
2016 |
- |
23/04/2018 |
|
10 |
293059T |
PERFECT
FOOD MANUFACTURING (M) SDN. BHD. |
Director |
08/02/2010 |
0.00 |
- |
MYR30,378,421.00 |
2016 |
- |
23/04/2018 |
|
11 |
470419X |
PLANTANI
FOOD INDUSTRIES SDN. BHD. |
Director |
21/07/2009 |
0.00 |
- |
MYR132,389.00 |
2016 |
- |
23/04/2018 |
|
12 |
432384K |
STH
WIRE INDUSTRY (M) SDN. BHD. |
Director |
04/12/2017 |
0.00 |
- |
MYR1,123,061.00 |
2016 |
- |
23/04/2018 |
|
13 |
195398A |
TBOY
HOLDING SDN. BHD. |
Director |
16/12/2013 |
46,002.00 |
30.67 |
MYR(3,340.00) |
2017 |
- |
23/04/2018 |
|
14 |
302858T |
TECHSU
STEEL CORPORATION SDN. BHD. |
Shareholder |
- |
1,450,000.00 |
14.50 |
MYR(2,889.00) |
2014 |
Winding-Up
by Member Voluntary |
23/04/2018 |
|
15 |
516582A |
U-CHONG
MARKETING SDN. BHD. |
Director |
02/04/2007 |
9,750.00 |
39.00 |
MYR(29,996.00) |
2016 |
- |
23/04/2018 |
|
16 |
629295K |
U-CHONG
TECHNOLOGY SDN. BHD. |
Shareholder |
- |
60,000.00 |
40.00 |
MYR(3,499.00) |
2016 |
In the
process of striking off |
23/04/2018 |
|
17 |
189950X |
WIRA
SENTUL SDN. BHD. |
Director |
21/07/2009 |
30,000.00 |
30.00 |
MYR(2,488.00) |
2015 |
Disolved
by Registrar |
23/04/2018 |
|
18 |
848600K |
WIRE SHOP
INTERNATIONAL SDN. BHD. |
Director |
04/12/2017 |
0.00 |
- |
MYR(4,141.00) |
2016 |
- |
23/04/2018 |
FORMER INTEREST
|
No |
Local
No |
Company |
Designation |
App
Date |
Withdrawn
Date |
Shareholding |
Status |
|
1 |
276363K |
ADVANCE
EDGE DEVELOPMENT SDN. BHD. |
Shareholder |
- |
- |
125000.00 |
- |
|
2 |
276365V |
ADVANCE
EDGE PROPERTIES SDN. BHD. |
Shareholder |
- |
- |
1.00 |
- |
|
3 |
436462H |
ELITE
METAL INDUSTRIES SDN. BHD. |
Director |
19/01/2010 |
30/05/2013 |
- |
- |
|
4 |
357078M |
HIICHIIKOK
EQUITIES SDN. BHD. |
Shareholder |
- |
- |
5000.00 |
- |
|
5 |
342835D |
KOHAKU
KOI HOUSE SDN. BHD. |
Director |
10/12/2005 |
19/07/2011 |
- |
- |
|
6 |
342835D |
KOHAKU
KOI HOUSE SDN. BHD. |
Shareholder |
- |
- |
125001.00 |
- |
|
7 |
327621K |
MEGA
QUARRY PRODUCTS SDN. BHD. |
Shareholder |
- |
- |
350000.00 |
- |
|
8 |
573695W |
ORNAPAPER
BERHAD |
Shareholder |
- |
- |
3211586.00 |
- |
|
9 |
864183U |
QUALITY
CONCRETE PUMPS (M) SDN. BHD. |
Director |
28/07/2009 |
05/09/2014 |
- |
- |
|
10 |
864183U |
QUALITY
CONCRETE PUMPS (M) SDN. BHD. |
Shareholder |
- |
- |
45000.00 |
- |
|
11 |
264410K |
SCHWING
SYSTEM SDN. BHD. |
Director |
27/07/2009 |
04/09/2014 |
- |
- |
|
12 |
264410K |
SCHWING
SYSTEM SDN. BHD. |
Shareholder |
- |
- |
1350000.00 |
- |
|
13 |
25596X |
SRI
BULATAN SDN. BHD. |
Director |
02/01/2009 |
30/05/2013 |
- |
- |
DIRECTOR 2
|
Name Of
Subject |
: |
MS. SU
LEE SOON NEE YEO |
|
Address |
: |
5490-C,
JALAN DATUK PALEMBANG, BUKIT BARU, 75150 MELAKA, MELAKA, MALAYSIA. |
|
Other Address(es) |
: |
20,
CAIRNHILL CIRCLE, CAIRNHILL COURT, 10-32, SINGAPORE 0922 |
|
IC / PP
No |
: |
E2229079E |
|
New IC
No |
: |
491022-66-5038 |
|
Date of
Birth |
: |
22/10/1949 |
|
Nationality |
: |
MALAYSIAN |
|
Date of
Appointment |
: |
23/09/2005 |
INTEREST CHECK
|
Interest
in companies |
: |
see
below |
|
Interest
in business |
: |
none in
our databank |
|
Former
interest |
: |
see
below |
INTEREST
IN COMPANY
|
No |
Local
No |
Company |
Designation |
App
Date |
Shareholding |
Profit/(loss)
After Tax |
Financial
Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
964210A |
GEOGRAPHER
HOLDINGS SDN. BHD. |
Director |
14/10/2011 |
1.00 |
50.00 |
MYR(2,488.00) |
2016 |
- |
23/04/2018 |
|
2 |
485942W |
GEOGRAPHER
SDN. BHD. |
Director |
09/10/1999 |
0.00 |
- |
MYR110,068.00 |
2016 |
- |
23/04/2018 |
|
3 |
226682A |
GOLDEN
LODE SDN. BHD. |
Director |
03/09/1999 |
76,000.00 |
30.40 |
MYR77,616.00 |
2016 |
- |
23/04/2018 |
|
4 |
868634X |
GRAND CANYON
LAND SDN. BHD. |
Director |
08/05/2013 |
60,001.00 |
30.00 |
MYR(38,698.00) |
2016 |
- |
23/04/2018 |
|
5 |
389014H |
JIACHEN
DEVELOPMENT SDN. BHD. |
Director |
01/10/2012 |
300,000.00 |
60.00 |
MYR(129,046.00) |
2016 |
- |
23/04/2018 |
|
6 |
179362D |
JULIE'S
CORPORATION SDN. BHD. |
Director |
09/09/2009 |
0.00 |
- |
MYR37,306,126.00 |
2016 |
- |
23/04/2018 |
|
7 |
358443H |
JULIE'S
MANUFACTURING SDN. BHD. |
Director |
23/09/2005 |
0.00 |
- |
MYR5,624,159.00 |
2016 |
- |
23/04/2018 |
|
8 |
103849D |
JULIE'S
MARKETING SDN. BHD. |
Director |
18/08/2009 |
0.00 |
- |
MYR1,593,337.00 |
2016 |
- |
23/04/2018 |
|
9 |
1240523K |
JULIE'S
PRODUCTS SDN. BHD. |
Director |
27/07/2017 |
50.00 |
50.00 |
- |
2016 |
- |
23/04/2018 |
|
10 |
639628X |
JULIE'S
PROMOTIONS SDN. BHD. |
Director |
27/07/2009 |
0.00 |
- |
MYR31,234.00 |
2016 |
- |
23/04/2018 |
|
11 |
492508D |
NYONYA
MALACCA RESOURCES SDN. BHD. |
Director |
09/10/1999 |
0.00 |
- |
MYR(60,656.00) |
2016 |
- |
23/04/2018 |
|
12 |
293059T |
PERFECT
FOOD MANUFACTURING (M) SDN. BHD. |
Director |
26/01/1995 |
0.00 |
- |
MYR30,378,421.00 |
2016 |
- |
23/04/2018 |
|
13 |
470419X |
PLANTANI
FOOD INDUSTRIES SDN. BHD. |
Shareholder |
- |
150,000.00 |
30.00 |
MYR132,389.00 |
2016 |
- |
23/04/2018 |
|
14 |
289508P |
RED
TITAN SDN. BHD. |
Director |
19/01/2002 |
25,000.00 |
50.00 |
MYR(6,950.00) |
2016 |
- |
23/04/2018 |
|
15 |
393750K |
SUCCESS
AGRO FOOD WORLD SDN. BHD. |
Director |
18/09/2015 |
0.00 |
- |
MYR(92,594.00) |
2016 |
- |
23/04/2018 |
|
16 |
513755W |
SUKUTEH
SDN. BHD. |
Director |
09/05/2000 |
0.00 |
- |
MYR(2,281.00) |
2017 |
- |
23/04/2018 |
|
17 |
1012566X |
VEGGIE
PLANET HOLDINGS SDN. BHD. |
Shareholder |
- |
1.00 |
33.33 |
MYR(3,082.00) |
2016 |
- |
29/05/2017 |
FORMER INTEREST
|
No |
Local
No |
Company |
Designation |
App
Date |
Withdrawn
Date |
Shareholding |
Status |
|
1 |
968196T |
GEOGRAPHER
MANAGEMENT SDN. BHD. |
Director |
14/11/2011 |
19/05/2017 |
- |
- |
|
2 |
968196T |
GEOGRAPHER
MANAGEMENT SDN. BHD. |
Shareholder |
- |
- |
1 |
- |
|
3 |
120726W |
PENTAVEST
HOLDINGS SDN.BHD. |
Director |
25/04/2000 |
29/12/2006 |
- |
- |
DIRECTOR 3
|
Name Of
Subject |
: |
MR. SAI
CHIN HOCK |
|
Address |
: |
AG
6876, ALOR GAJAH INDUSTRIAL ESTATE, 78000 ALOR GAJAH, MELAKA, MALAYSIA. |
|
IC / PP
No |
: |
2287560 |
|
New IC
No |
: |
490913-04-5209 |
|
Date of
Birth |
: |
13/09/1949 |
|
Nationality |
: |
MALAYSIAN |
|
Date of
Appointment |
: |
23/09/2005 |
INTEREST CHECK
|
Interest
in companies |
: |
see
below |
|
Interest
in business |
: |
none in
our databank |
|
Former
interest |
: |
see
below |
INTEREST
IN COMPANY
|
No |
Local
No |
Company |
Designation |
App
Date |
Shareholding |
Profit/(loss)
After Tax |
Financial
Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
32040D |
ENG
HENG LEE (M) SDN BHD |
Shareholder |
- |
5,000.00 |
2.17 |
- |
2016 |
- |
23/04/2018 |
|
2 |
485942W |
GEOGRAPHER
SDN. BHD. |
Shareholder |
- |
5,000.00 |
5.00 |
MYR110,068.00 |
2016 |
- |
23/04/2018 |
|
3 |
1261216A |
GLOBAL BRAND
SYNERGY SDN. BHD. |
Director |
22/12/2017 |
1.00 |
100.00 |
- |
2016 |
- |
23/04/2018 |
|
4 |
226682A |
GOLDEN
LODE SDN. BHD. |
Director |
10/10/2006 |
174,000.00 |
69.60 |
MYR77,616.00 |
2016 |
- |
23/04/2018 |
|
5 |
868634X |
GRAND CANYON
LAND SDN. BHD. |
Director |
08/05/2013 |
80,000.00 |
40.00 |
MYR(38,698.00) |
2016 |
- |
23/04/2018 |
|
6 |
332601A |
INTISARI
DELIMA SDN. BHD. |
Shareholder |
- |
1,000.00 |
50.00 |
MYR181,573.00 |
2017 |
- |
23/04/2018 |
|
7 |
179362D |
JULIE'S
CORPORATION SDN. BHD. |
Director |
22/01/2003 |
0.00 |
- |
MYR37,306,126.00 |
2016 |
- |
23/04/2018 |
|
8 |
358443H |
JULIE'S
MANUFACTURING SDN. BHD. |
Director |
23/09/2005 |
0.00 |
- |
MYR5,624,159.00 |
2016 |
- |
23/04/2018 |
|
9 |
103849D |
JULIE'S
MARKETING SDN. BHD. |
Director |
08/08/1991 |
0.00 |
- |
MYR1,593,337.00 |
2016 |
- |
23/04/2018 |
|
10 |
1240523K |
JULIE'S
PRODUCTS SDN. BHD. |
Director |
27/07/2017 |
50.00 |
50.00 |
- |
2016 |
- |
23/04/2018 |
|
11 |
639628X |
JULIE'S
PROMOTIONS SDN. BHD. |
Director |
27/07/2009 |
1.00 |
50.00 |
MYR31,234.00 |
2016 |
- |
23/04/2018 |
|
12 |
573695W |
ORNAPAPER
BERHAD |
Director |
26/01/2010 |
4,057,986.00 |
5.39 |
MYR7,851,000.00 |
2016 |
- |
23/04/2018 |
|
13 |
411405W |
ORNAPAPER
INDUSTRY (BATU PAHAT) SDN. BHD. |
Director |
20/01/2010 |
0.00 |
- |
MYR569,079.00 |
2016 |
- |
23/04/2018 |
|
14 |
452984H |
ORNAPAPER
INDUSTRY (JOHOR) SDN. BHD. |
Director |
20/01/2010 |
0.00 |
- |
MYR406,084.00 |
2016 |
- |
23/04/2018 |
|
15 |
201386K |
ORNAPAPER
INDUSTRY (M) SDN. BHD. |
Director |
20/01/2010 |
0.00 |
- |
MYR4,973,534.00 |
2016 |
- |
23/04/2018 |
|
16 |
183644H |
ORNAPAPER
INDUSTRY (PERAK) SDN. BHD. |
Director |
20/01/2010 |
0.00 |
- |
MYR2,317,665.00 |
2016 |
- |
23/04/2018 |
|
17 |
293059T |
PERFECT
FOOD MANUFACTURING (M) SDN. BHD. |
Director |
26/01/1995 |
0.00 |
- |
MYR30,378,421.00 |
2016 |
- |
23/04/2018 |
|
18 |
360812X |
PILIHAN
SISTEMATIK SDN. BHD. |
Director |
13/10/2006 |
0.00 |
- |
MYR(195,060.00) |
2016 |
- |
23/04/2018 |
|
19 |
470419X |
PLANTANI
FOOD INDUSTRIES SDN. BHD. |
Director |
04/01/2010 |
350,000.00 |
70.00 |
MYR132,389.00 |
2016 |
- |
23/04/2018 |
|
20 |
819255X |
POSITIVE
MATIC SDN. BHD. |
Shareholder |
- |
100,000.00 |
10.00 |
MYR(315,410.00) |
2017 |
- |
23/04/2018 |
|
21 |
666499H |
PREMIER
PAY FONG FOUNDATION |
Director |
20/09/2004 |
0.00 |
- |
N/A |
2016 |
- |
23/04/2018 |
|
22 |
461637T |
PROMINENT
PROJECT MANAGEMENT SDN. BHD. |
Shareholder |
- |
192,500.00 |
64.17 |
MYR(84,323.00) |
2016 |
- |
23/04/2018 |
|
23 |
892421K |
QUANTUM
RHYTHM SDN. BHD. |
Director |
29/03/2010 |
0.00 |
- |
MYR(54,920.00) |
2016 |
- |
23/04/2018 |
|
24 |
289508P |
RED
TITAN SDN. BHD. |
Director |
27/12/2001 |
25,000.00 |
50.00 |
MYR(6,950.00) |
2016 |
- |
23/04/2018 |
|
25 |
106004K |
ROBOMATICS
(M) SDN. BHD. |
Shareholder |
- |
500,000.00 |
22.11 |
MYR204,496.00 |
2016 |
- |
23/04/2018 |
|
26 |
432384K |
STH
WIRE INDUSTRY (M) SDN. BHD. |
Director |
23/03/2012 |
1,075,000.00 |
71.67 |
MYR1,123,061.00 |
2016 |
- |
23/04/2018 |
|
27 |
393750K |
SUCCESS
AGRO FOOD WORLD SDN. BHD. |
Director |
18/09/2015 |
0.00 |
- |
MYR(92,594.00) |
2016 |
- |
23/04/2018 |
|
28 |
174096A |
SUDATTA
CORPORATION SDN. BHD. |
Shareholder |
- |
60,002.00 |
92.31 |
MYR(14,958.00) |
2017 |
- |
23/02/2018 |
|
29 |
1005899P |
THE PAY
FONG SCHOOL BERHAD |
Director |
13/06/2012 |
0.00 |
- |
N/A |
2016 |
- |
23/04/2018 |
|
30 |
404789X |
TRIPACK
PACKAGING (M) SDN. BHD. |
Director |
20/01/2010 |
0.00 |
- |
MYR(12,287.00) |
2016 |
- |
23/04/2018 |
|
31 |
516582A |
U-CHONG
MARKETING SDN. BHD. |
Director |
15/08/2000 |
10,250.00 |
41.00 |
MYR(29,996.00) |
2016 |
- |
23/04/2018 |
|
32 |
629295K |
U-CHONG
TECHNOLOGY SDN. BHD. |
Director |
25/09/2003 |
60,000.00 |
40.00 |
MYR(3,499.00) |
2016 |
In the
process of striking off |
23/04/2018 |
|
33 |
1094776P |
WEBEST
LAND SDN. BHD. |
Shareholder |
- |
40,000.00 |
2.00 |
MYR(291,434.00) |
2016 |
- |
23/04/2018 |
|
34 |
189950X |
WIRA
SENTUL SDN. BHD. |
Director |
21/07/2009 |
0.00 |
- |
MYR(2,488.00) |
2015 |
Disolved
by Registrar |
23/04/2018 |
|
35 |
848600K |
WIRE
SHOP INTERNATIONAL SDN. BHD. |
Director |
23/03/2012 |
0.00 |
- |
MYR(4,141.00) |
2016 |
- |
23/04/2018 |
FORMER INTEREST
|
No |
Local
No |
Company |
Designation |
App
Date |
Withdrawn
Date |
Shareholding |
Status |
|
1 |
276365V |
ADVANCE
EDGE PROPERTIES SDN. BHD. |
Director |
16/09/1993 |
05/12/1998 |
- |
- |
|
2 |
388622P |
EASY
CARE BIO-SCIENCE SDN. BHD. |
Director |
27/08/2008 |
28/03/2011 |
- |
- |
|
3 |
388622P |
EASY
CARE BIO-SCIENCE SDN. BHD. |
Shareholder |
- |
- |
1.00 |
- |
|
4 |
328203W |
FAIRWAY
REVIEW SDN. BHD. |
Director |
10/01/1995 |
17/07/2013 |
- |
- |
|
5 |
328203W |
FAIRWAY
REVIEW SDN. BHD. |
Shareholder |
- |
- |
250000.00 |
- |
|
6 |
525819H |
FORMOSA
CULTURE & EDUCATION BHD. |
Director |
11/09/2000 |
05/07/2005 |
- |
- |
|
7 |
268574D |
FRANK
PACIFIC SDN. BHD. |
Director |
10/08/1994 |
23/11/2000 |
- |
- |
|
8 |
268574D |
FRANK
PACIFIC SDN. BHD. |
Shareholder |
- |
- |
1.00 |
- |
|
9 |
388602V |
GALESTAR
SDN. BHD. |
Director |
24/06/1996 |
10/04/1999 |
- |
- |
|
10 |
416572W |
GREEN
FORMATION SDN. BHD. |
Director |
18/02/1997 |
26/11/2004 |
- |
- |
|
11 |
470924W |
HCK
COMMUNICATIONS SDN. BHD. |
Director |
27/10/1998 |
28/05/1999 |
- |
- |
|
12 |
389014H |
JIACHEN
DEVELOPMENT SDN. BHD. |
Director |
10/12/2005 |
11/02/2009 |
- |
- |
|
13 |
389014H |
JIACHEN
DEVELOPMENT SDN. BHD. |
Shareholder |
- |
- |
125000.00 |
- |
|
14 |
342835D |
KOHAKU
KOI HOUSE SDN. BHD. |
Director |
10/12/1999 |
19/07/2011 |
- |
- |
|
15 |
342835D |
KOHAKU KOI
HOUSE SDN. BHD. |
Shareholder |
- |
- |
125001.00 |
- |
|
16 |
40970H |
M K
LAND HOLDINGS BERHAD |
Director |
27/02/1984 |
19/08/1999 |
- |
- |
|
17 |
327621K |
MEGA
QUARRY PRODUCTS SDN. BHD. |
Shareholder |
- |
- |
600000.00 |
- |
|
18 |
492508D |
NYONYA
MALACCA RESOURCES SDN. BHD. |
Shareholder |
- |
- |
240000.00 |
- |
|
19 |
514602K |
ONE
RESIDENCE STAY SDN. BHD. |
Director |
01/08/2009 |
29/12/2014 |
- |
- |
|
20 |
514602K |
ONE
RESIDENCE STAY SDN. BHD. |
Shareholder |
- |
- |
3.00 |
- |
|
21 |
120726W |
PENTAVEST
HOLDINGS SDN.BHD. |
Director |
30/05/1984 |
29/06/2001 |
- |
- |
|
22 |
120726W |
PENTAVEST
HOLDINGS SDN.BHD. |
Shareholder |
- |
- |
- |
- |
|
23 |
251911M |
PROSTREND
SDN. BHD. |
Director |
10/12/1999 |
08/12/2004 |
- |
- |
|
24 |
251911M |
PROSTREND
SDN. BHD. |
Shareholder |
- |
- |
- |
- |
|
25 |
111361T |
SAI
HOLDINGS SDN.BHD. |
Director |
08/12/1983 |
16/04/2013 |
- |
- |
|
26 |
111361T |
SAI
HOLDINGS SDN.BHD. |
Shareholder |
- |
- |
- |
- |
|
27 |
49274D |
SBG
GLASS SDN. BHD. |
Director |
01/07/1994 |
24/09/1999 |
- |
- |
|
28 |
391077V |
SEE HUP
CONSOLIDATED BERHAD |
Shareholder |
- |
- |
265600.00 |
- |
|
29 |
25596X |
SRI
BULATAN SDN. BHD. |
Director |
22/04/1994 |
30/05/2013 |
- |
- |
|
30 |
174096A |
SUDATTA
CORPORATION SDN. BHD. |
Director |
24/06/2015 |
09/02/2018 |
- |
- |
|
31 |
283070W |
SUN TA
TOYS (MARKETING) SDN. BHD. |
Director |
10/07/1997 |
18/06/1998 |
- |
- |
|
32 |
156646V |
SUN TA
TOYS SDN. BHD. |
Director |
10/07/1997 |
18/06/1998 |
- |
- |
DIRECTOR 4
|
Name Of
Subject |
: |
MR. SAI
AH SAI |
|
Address |
: |
454,
LORONG SATU, JALAN UJONG PASIR, 75050 MELAKA, MELAKA, MALAYSIA. |
|
IC / PP
No |
: |
6188513 |
|
New IC
No |
: |
370325-04-5089 |
|
Date of
Birth |
: |
25/03/1937 |
|
Nationality |
: |
MALAYSIAN |
|
Date of
Appointment |
: |
23/09/2005 |
INTEREST CHECK
|
Interest
in companies |
: |
see
below |
|
Interest
in business |
: |
none in
our databank |
|
Former
interest |
: |
see
below |
INTEREST
IN COMPANY
|
No |
Local
No |
Company |
Designation |
App
Date |
Shareholding |
Profit/(loss)
After Tax |
Financial
Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
276363K |
ADVANCE
EDGE DEVELOPMENT SDN. BHD. |
Shareholder |
- |
62,500.00 |
25.00 |
MYR44,506.00 |
2016 |
- |
23/04/2018 |
|
2 |
276365V |
ADVANCE
EDGE PROPERTIES SDN. BHD. |
Shareholder |
- |
1.00 |
50.00 |
MYR25,157.00 |
2016 |
- |
23/04/2018 |
|
3 |
436462H |
ELITE
METAL INDUSTRIES SDN. BHD. |
Director |
28/05/2013 |
0.00 |
- |
MYR(3,465.00) |
2016 |
- |
23/04/2018 |
|
4 |
328203W |
FAIRWAY
REVIEW SDN. BHD. |
Director |
10/01/1995 |
0.00 |
- |
MYR(38,320.00) |
2017 |
- |
23/04/2018 |
|
5 |
268574D |
FRANK
PACIFIC SDN. BHD. |
Director |
10/08/1994 |
1.00 |
33.33 |
MYR21,896.00 |
2016 |
- |
23/04/2018 |
|
6 |
435275P |
HOMELAND
POWER SDN. BHD. |
Director |
22/06/2004 |
0.00 |
- |
- |
2016 |
Disolved
by Registrar |
23/04/2018 |
|
7 |
332601A |
INTISARI
DELIMA SDN. BHD. |
Director |
03/02/2016 |
855.00 |
42.75 |
MYR181,573.00 |
2017 |
- |
23/04/2018 |
|
8 |
179362D |
JULIE'S
CORPORATION SDN. BHD. |
Director |
22/01/2003 |
0.00 |
- |
MYR37,306,126.00 |
2016 |
- |
23/04/2018 |
|
9 |
358443H |
JULIE'S
MANUFACTURING SDN. BHD. |
Director |
23/09/2005 |
0.00 |
- |
MYR5,624,159.00 |
2016 |
- |
23/04/2018 |
|
10 |
103849D |
JULIE'S
MARKETING SDN. BHD. |
Director |
18/08/2009 |
0.00 |
- |
MYR1,593,337.00 |
2016 |
- |
23/04/2018 |
|
11 |
204676U |
KONKRIT
EKSPRES SDN. BHD. |
Shareholder |
- |
60,000.00 |
6.00 |
MYR(454,418.00) |
2016 |
- |
23/04/2018 |
|
12 |
327621K |
MEGA
QUARRY PRODUCTS SDN. BHD. |
Director |
24/10/2012 |
600,000.00 |
30.00 |
MYR2,506,127.00 |
2016 |
- |
23/04/2018 |
|
13 |
573695W |
ORNAPAPER
BERHAD |
Director |
01/01/2018 |
0.00 |
- |
MYR7,851,000.00 |
2016 |
- |
23/04/2018 |
|
14 |
293059T |
PERFECT
FOOD MANUFACTURING (M) SDN. BHD. |
Director |
26/01/1995 |
0.00 |
- |
MYR30,378,421.00 |
2016 |
- |
23/04/2018 |
|
15 |
470419X |
PLANTANI
FOOD INDUSTRIES SDN. BHD. |
Director |
04/01/2010 |
0.00 |
- |
MYR132,389.00 |
2016 |
- |
23/04/2018 |
|
16 |
328004H |
SAGAPRO
SDN. BHD. |
Director |
24/10/2012 |
1.00 |
50.00 |
MYR(3,102.00) |
2016 |
- |
23/04/2018 |
|
17 |
111361T |
SAI
HOLDINGS SDN.BHD. |
Director |
08/12/1983 |
499.00 |
49.90 |
MYR(3,244.00) |
2016 |
- |
23/04/2018 |
|
18 |
415011A |
SELAT
HIJAU SDN. BHD. |
Director |
24/10/2012 |
1.00 |
50.00 |
MYR12,471.00 |
2016 |
- |
23/04/2018 |
|
19 |
25596X |
SRI
BULATAN SDN. BHD. |
Director |
28/05/2013 |
0.00 |
- |
MYR(14,282.00) |
2016 |
- |
23/04/2018 |
|
20 |
302858T |
TECHSU STEEL
CORPORATION SDN. BHD. |
Director |
07/06/1994 |
0.00 |
- |
MYR(2,889.00) |
2014 |
Winding-Up
by Member Voluntary |
23/04/2018 |
|
21 |
203951V |
V. P.
BUILDERS SDN. BHD. |
Director |
07/09/1990 |
200,000.00 |
40.00 |
MYR228,575.00 |
2016 |
- |
23/04/2018 |
|
22 |
203386P |
VISTACON
SDN. BHD. |
Shareholder |
- |
12,500.00 |
12.50 |
MYR(4,736.00) |
2016 |
- |
23/04/2018 |
|
23 |
284471P |
XIA
HUAT ENTERPRISE SDN. BHD. |
Director |
18/03/2004 |
5,000.00 |
50.00 |
MYR65,591.00 |
2016 |
- |
23/04/2018 |
FORMER INTEREST
|
No |
Local
No |
Company |
Designation |
App
Date |
Withdrawn
Date |
Shareholding |
Status |
|
1 |
276365V |
ADVANCE
EDGE PROPERTIES SDN. BHD. |
Director |
16/09/1993 |
05/12/1998 |
- |
- |
|
2 |
364453H |
GEAHIN
STEEL SDN. BHD. |
Director |
23/11/1995 |
18/10/2004 |
- |
- |
|
3 |
342835D |
KOHAKU
KOI HOUSE SDN. BHD. |
Director |
19/07/2011 |
20/10/2011 |
- |
- |
|
4 |
204676U |
KONKRIT
EKSPRES SDN. BHD. |
Director |
02/12/1991 |
03/11/1995 |
- |
- |
|
5 |
40970H |
M K LAND
HOLDINGS BERHAD |
Director |
08/07/1981 |
19/08/1999 |
- |
- |
|
6 |
371488U |
RUMPUN
SAKTI SDN. BHD. |
Shareholder |
- |
- |
1 |
- |
|
7 |
166162P |
T-SEVEN
CONSTRUCTION SDN. BHD. |
Director |
16/11/1987 |
18/11/1997 |
- |
- |
DIRECTOR 5
|
Name Of
Subject |
: |
MR. SAI
TZY HORNG |
|
Address |
: |
8010,
TAMAN JAYA, 78000 ALOR GAJAH, MELAKA, MALAYSIA. |
|
New IC
No |
: |
810812-71-5111 |
|
Date of
Birth |
: |
12/08/1981 |
|
Nationality |
: |
MALAYSIAN |
|
Date of
Appointment |
: |
28/08/2017 |
INTEREST CHECK
|
Interest
in companies |
: |
see
below |
|
Interest
in business |
: |
none in
our databank |
|
Former
interest |
: |
see
below |
INTEREST
IN COMPANY
|
No |
Local
No |
Company |
Designation |
App
Date |
Shareholding |
Profit/(loss)
After Tax |
Financial
Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
179362D |
JULIE'S
CORPORATION SDN. BHD. |
Director |
28/08/2017 |
0.00 |
- |
MYR37,306,126.00 |
2016 |
- |
23/04/2018 |
|
2 |
358443H |
JULIE'S
MANUFACTURING SDN. BHD. |
Director |
28/08/2017 |
0.00 |
- |
MYR5,624,159.00 |
2016 |
- |
23/04/2018 |
|
3 |
103849D |
JULIE'S
MARKETING SDN. BHD. |
Director |
28/08/2017 |
0.00 |
- |
MYR1,593,337.00 |
2016 |
- |
23/04/2018 |
|
4 |
293059T |
PERFECT
FOOD MANUFACTURING (M) SDN. BHD. |
Director |
28/08/2017 |
0.00 |
- |
MYR30,378,421.00 |
2016 |
- |
23/04/2018 |
|
5 |
360812X |
PILIHAN
SISTEMATIK SDN. BHD. |
Shareholder |
- |
1.00 |
50.00 |
MYR(195,060.00) |
2016 |
- |
23/04/2018 |
FORMER INTEREST
|
No |
Local No |
Company |
Designation |
App
Date |
Withdrawn
Date |
Shareholding |
Status |
|
1 |
360812X |
PILIHAN
SISTEMATIK SDN. BHD. |
Director |
10/10/2000 |
13/10/2006 |
- |
- |
DIRECTOR 6
|
Name Of
Subject |
: |
MR.
MARTIN ANG MUI CHIN |
|
Address |
: |
33, JALAN
MENTAHAK, TAMAN DATO PENGGAWA BARAT, 81200 JOHOR BAHRU, JOHOR, MALAYSIA. |
|
Other
Address(es) |
: |
D402
BLK. D GREENHILL APARTMENT, JALAN BUKIT IDAMAN 1/1, TAMAN BUKIT IDAMAN, 68100
BATU CAVES, SELANGOR, MALAYSIA. |
|
IC / PP
No |
: |
6226230 |
|
New IC
No |
: |
610804-01-5899 |
|
Date of
Birth |
: |
04/08/1961 |
|
Nationality |
: |
MALAYSIAN |
|
Date of
Appointment |
: |
16/01/2018 |
INTEREST CHECK
|
Interest
in companies |
: |
see
below |
|
Interest
in business |
: |
none in
our databank |
|
Former
interest |
: |
see
below |
INTEREST
IN COMPANY
|
No |
Local
No |
Company |
Designation |
App
Date |
Shareholding |
Profit/(loss)
After Tax |
Financial
Year |
Status |
As At |
|
|
No. |
% |
|||||||||
|
1 |
358443H |
JULIE'S
MANUFACTURING SDN. BHD. |
Director |
16/01/2018 |
0.00 |
- |
MYR5,624,159.00 |
2016 |
- |
23/04/2018 |
|
2 |
293059T |
PERFECT
FOOD MANUFACTURING (M) SDN. BHD. |
Director |
02/01/2013 |
0.00 |
- |
MYR30,378,421.00 |
2016 |
- |
23/04/2018 |
FORMER INTEREST
|
No |
Local
No |
Company |
Designation |
App
Date |
Withdrawn
Date |
Shareholding |
Status |
|
1 |
740764T |
TINKSON
CORPORATION SDN. BHD. |
Director |
13/07/2006 |
15/09/2008 |
- |
- |
|
2 |
740764T |
TINKSON
CORPORATION SDN. BHD. |
Shareholder |
- |
- |
1.00 |
- |
FORMER DIRECTOR(S)
|
|
Name |
Address |
IC/PP
No |
Appointed
Date |
Withdrawn
Date |
|
TAY KAY
TAT |
490406-04-5423 |
24/08/1995 |
23/09/2005 |
|
|
TAY KAY
CHIN |
KM1161 TMN
JAYA KELEMAK, ALOR GAJAH MELAKA, ALOR GAJAH, MELAKA, MALAYSIA |
380816-01-5211 |
24/08/1995 |
23/09/2005 |
|
SAI HAN
SIONG |
454
LORONG 1, JALAN UJUNG PASIR, MELAKA, MELAKA, MELAKA, MALAYSIA |
700507-71-5425 |
01/03/2010 |
27/06/2013 |
|
HO CHEE
KONG |
2572
BATU 6 1/2, PANTAI CHENG, MELAKA, MELAKA, MALAYSIA |
540419-04-5097 |
17/05/2004 |
01/07/2004 |
|
CHEW
LAM SING (F) |
6 VANDA
CRESCENT, SINGAPORE 1128 |
A1148196 |
24/08/1995 |
26/07/1996 |
|
AUGUSTINE
ANG MUI KWONG |
61, JALAN
MOLEK 3/12, TAMAN MOLEK, JOHOR BAHRU, JOHOR, MALAYSIA |
520303-01-5605 |
23/09/2005 |
19/11/2009 |
Note :
The above information was generated from our database.
MANAGEMENT
|
|
1) |
Name of
Subject |
: |
SAI
SEAK CHYUAN |
|
Position |
: |
DIRECTOR |
|
|
|
|
|
|
AUDITOR
|
|
Auditor |
: |
ERNST
& YOUNG |
|
Auditor'
Address |
: |
JALAN
DAMANLELA,, PUSAT BANDAR DAMANSARA,, 50490 KUALA LUMPUR, WILAYAH PERSEKUTUAN,
MALAYSIA. |
|
|
|
|
COMPANY SECRETARIES
|
|
1) |
Company
Secretary |
: |
MS. LIM
KAI LIM |
|
IC / PP
No |
: |
4865947 |
|
|
New IC
No |
: |
551031-04-5238 |
|
|
Address |
: |
49,
JALAN PE 11, TAMAN PAYA EMAS, PAYA RUMPUT, 76450 MELAKA, MELAKA, MALAYSIA. |
|
|
2) |
Company
Secretary |
: |
MR. TAN
CHIN HWEE |
|
IC / PP
No |
: |
A0520941 |
|
|
New IC
No |
: |
661219-04-5229 |
|
|
Address |
: |
171-B,LORONG
7, JALAN LAKSAMANA CHENG HO, 75000 MELAKA, MELAKA, MALAYSIA. |
|
|
|
|
|
|
BANKING
|
Banking relations are maintained principally with :
|
1) |
Name |
: |
BANK
SIMPANAN NASIONAL BHD |
ENCUMBRANCE (S)
|
|
Charge
No |
Creation
Date |
Charge
Description |
Chargee
Name |
Total
Charge |
Status |
|
1 |
23/04/1998 |
N/A |
MALAYAN
BANKING BERHAD |
MYR
6,300,000.00 |
Satisfied |
|
2 |
23/04/1998 |
N/A |
MALAYAN
BANKING BERHAD |
MYR
6,300,000.00 |
Satisfied |
|
3 |
28/11/2006 |
N/A |
RHB
ISLAMIC BANK BERHAD |
MYR
13,500,000.00 |
Satisfied |
|
4 |
14/12/2006 |
N/A |
RHB ISLAMIC
BANK BERHAD |
MYR
6,000,000.00 |
Satisfied |
|
5 |
14/12/2006 |
N/A |
RHB
ISLAMIC BANK BERHAD |
MYR
4,500,000.00 |
Satisfied |
|
6 |
14/12/2006 |
N/A |
RHB
ISLAMIC BANK BERHAD |
MYR
3,000,000.00 |
Satisfied |
|
7 |
28/09/2015 |
SPECIFIC
DEBENTURE |
HSBC
AMANAH MALAYSIA BERHAD |
MYR
12,313,600.00 |
Unsatisfied |
|
8 |
28/09/2015 |
GENERAL
AGREEMENT |
HSBC
BANK MALAYSIA BERHAD |
MYR
11,000,000.00 |
Unsatisfied |
CIVIL LITIGATION CHECK -
SUBJECT COMPANY AS A DEFENDANT
|
* A check has been conducted in our databank against the Subject whether the
Subject has been involved in any litigation. Our databank consists of 99% of
the wound up companies in Malaysia.
No legal action was found in our databank.
No winding up petition was found in our databank.
CRIMINAL RECORDS CHECK -
SUBJECT COMPANY AS A DEFENDANT
|
* A check has been conducted in our databank against the Subject whether the
Subject has been involved in any litigation. Our databank consists of 99% of the
wound up companies in Malaysia.
No criminal record was found in our databank.
CIVIL LITIGATION CHECK -
SUBJECT COMPANY AS A PLAINTIFF
|
* A check has been conducted in our databank against the Subject whether the
Subject has been involved in any litigation. Our databank consists of 99% of
the wound up companies in Malaysia.
No plaintiff record was found in our databank.
CRIMINAL RECORDS CHECK -
SUBJECT COMPANY AS A PLAINTIFF
|
* A check has been conducted in our databank against the Subject whether the
Subject has been involved in any litigation. Our databank consists of 99% of
the wound up companies in Malaysia.
No plaintiff record was found in our databank.
DEFAULTER CHECK AGAINST
SUBJECT
|
* We have checked through the Subject in our defaulters' database which
comprised of debtors that have been listed by our customers and debtors that
have been placed or assigned to us for collection.
No defaulter record & debt collection case was found in our defaulters'
databank.
RED ALERT FROM CENTRAL BANK
OF MALAYSIA
|
* A check
has been conducted with the Central Bank of Malaysia whether the Subject has
carried out any illegal or suspicious financial activities.
The
Subject has not been carried out any illegal money services business without
licence under the Money Services Business Act 2011.
The
Subject has not been placed under the Financial Consumer Alert list by the
Central Bank of Malaysia.
INVESTOR ALERT BY SECURITIES
COMMISSION MALAYSIA & BURSA MALAYSIA
|
* A check
has been conducted with the Securities Commission Malaysia whether the Subject
has involved in any unlicensed capital market activities under the Securities
Laws and Bursa Malaysia should the Subject is listed as Practice Note (PN) 17
or Guidance Note (GN) 3.
The
Subject has not been carried out any unlicensed capital market activities.
PAYMENT RECORD
|
|
||
|
SOURCES
OF RAW MATERIALS: |
||
|
Local |
: |
YES |
|
Overseas |
: |
YES |
The Subject refused to provide any name of trade/service supplier and we are
unable to conduct any trade enquiry. However, from financial historical data we
conclude that :
|
OVERALL
PAYMENT HABIT |
||||||||||||||
|
Prompt
0-30 Days |
[ |
] |
Good
31-60 Days |
[ |
] |
Average
61-90 Days |
[ |
X |
] |
|||||
|
Fair
91-120 Days |
[ |
] |
Poor
>120 Days |
[ |
] |
|||||||||
CLIENTELE
|
|
Local |
: |
YES |
|||
|
Domestic
Markets |
: |
MALAYSIA |
|||
|
Overseas |
: |
YES |
|||
|
Export
Market |
: |
WORLDWIDE |
|||
|
Credit
Term |
: |
N/A |
|||
|
Payment
Mode |
: |
CHEQUES |
|||
OPERATIONS
|
|
Products
manufactured |
: |
|
|
|
Member(s)
/ Affiliate(s) |
: |
SMALL
& MEDIUM ENTERPRISE |
|
|
Total
Number of Employees: |
|||||||||
|
YEAR |
2018 |
||||||||
|
|
|||||||||
|
GROUP |
N/A |
||||||||
|
COMPANY |
300 |
||||||||
|
Branch |
: |
NO |
Other
Information:
The Subject is principally engaged in the (as a / as an) manufacturing of
biscuits.
“Julie's” has built its reputation to become a household brand name known for
quality and tasty biscuits.
Some of our well-known signature products include Peanut Butter Sandwich,
Golden Crackers and many more.
The biscuits have been enjoyed by its fans and friends in many countries and
the Subject continues to make headway towards sharing its values and joy to
many others in other countries ingredients that are foremost safe for human
consumption are used in production.
RECENT DEVELOPMENT
|
We have checked with the Malaysian National News Agency's (BERNAMA) database,
but no recent development was noted during the time of inspection.
CURRENT INVESTIGATION
|
Latest
fresh investigations carried out on the Subject indicated that :
|
Telephone
Number Provided By Client |
: |
+606
5561401 |
|
Current
Telephone Number |
: |
06-5561401 |
|
Match |
: |
YES |
|
Address
Provided by Client |
: |
AG 6876
ALOR GAJAH INDUSTRIAL ESTATE 78000 ALOR GAJAH MELAKA MALAYSIA |
|
Current
Address |
: |
AG6876,
ALOR GAJAH INDUSTRIAL ESTATE, 78000 ALOR GAJAH, MELAKA, MALAYSIA. |
|
Match |
: |
YES |
|
Latest
Financial Accounts |
: |
YES |
Other
Investigations
We contacted one of the staff from the Subject and he provided some
information.
FINANCIAL ANALYSIS
|
|
Profitability |
||||||
|
Turnover |
: |
Increased |
[ |
2012 -
2016 |
] |
|
|
Profit/(Loss)
Before Tax |
: |
Decreased |
[ |
2012 -
2016 |
] |
|
|
Return
on Shareholder Funds |
: |
Acceptable |
[ |
14.78% |
] |
|
|
Return on
Net Assets |
: |
Acceptable |
[ |
20.71% |
] |
|
|
The
Subject's turnover increased steadily as the demand for its products /
services increased due to the goodwill built up over the years.The Subject's profit
fell sharply because of the high operating costs incurred. The Subject's
management had generated acceptable return for its shareholders using its
assets. |
||||||
|
Working
Capital Control |
||||||
|
Stock
Ratio |
: |
Favourable |
[ |
22 Days |
] |
|
|
Debtor
Ratio |
: |
Favourable |
[ |
0 Days |
] |
|
|
Creditors
Ratio |
: |
Unfavourable |
[ |
66 Days |
] |
|
|
The
Subject's stocks were moving fast thus reducing its holding cost. This had reduced
funds being tied up in stocks. The favourable debtors' days could be due to
the good credit control measures implemented by the Subject. The unfavourable
creditors' ratio could be due to the Subject taking advantage of the credit
granted by its suppliers. However this may affect the goodwill between the
Subject and its suppliers and the Subject may inadvertently have to pay more
for its future supplies. |
||||||
|
Liquidity |
||||||
|
Liquid
Ratio |
: |
Favourable |
[ |
1.03
Times |
] |
|
|
Current
Ratio |
: |
Unfavourable |
[ |
1.18
Times |
] |
|
|
A
minimum liquid ratio of 1 should be maintained by the Subject in order to
assure its creditors of its ability to meet short term obligations and the Subject
was in a good liquidity position. Thus, we believe the Subject is able to
meet all its short term obligations as and when they fall due. |
||||||
|
Solvency |
||||||
|
Interest
Cover |
: |
Acceptable |
[ |
8.52
Times |
] |
|
|
Gearing
Ratio |
: |
Favourable |
[ |
0.49
Times |
] |
|
|
The
Subject's interest cover was slightly low. If there is no sharp fall in its
profit or sudden increase in the interest rates, we believe the Subject is able
to generate sufficient income to service its interest and repay the loans.
The Subject was lowly geared thus it had a low financial risk. The Subject
was mainly financed by its shareholders' funds and internally generated
funds. In times of economic slowdown / downturn, the Subject being a lowly
geared company, will be able to compete better than those companies which are
highly geared in the same industry. |
||||||
|
Overall
Assessment : |
||||||
|
Although
the Subject's turnover had increased, its profits had declined over the same
corresponding period. This could be due to the stiffer market competition and
/ or higher operating costs which lowered the Subject's profit margin. The
Subject was in good liquidity position with its total current liabilities
well covered by its total current assets. With its current net assets, the
Subject should be able to repay its short term obligations. The Subject had
an acceptable interest cover. If there is no sudden sharp increase in
interest rate or fall in the Subject's profit, we do believe the Subject is
able to generate sufficient cash flow to service its interest payment. The
Subject as a lowly geared company, will be more secured compared to those
highly geared companies. It has the ability to meet all its long term
obligations. |
||||||
|
Overall
financial condition of the Subject : FAIR |
||||||
|
|
||||||
MALAYSIA ECONOMIC / INDUSTRY
OUTLOOK
|
|
Major
Economic Indicators: |
2014 |
2015 |
2016 |
2017* |
2018** |
|
Population
( Million) |
30.0 |
31.0 |
31.6 |
32.1 |
32.9 |
|
Gross
Domestic Products ( % ) |
6.0 |
4.6 |
4.2 |
5.3 |
5.4 |
|
Domestic
Demand ( % ) |
6.4 |
6.2 |
4.3 |
6.3 |
6.4 |
|
Private
Expenditure ( % ) |
7.9 |
6.9 |
7.8 |
7.4 |
7.3 |
|
Consumption
( % ) |
6.5 |
6.1 |
5.1 |
6.9 |
6.8 |
|
Investment
( % ) |
12.0 |
8.1 |
10.0 |
9.3 |
8.9 |
|
Public
Expenditure ( % ) |
2.3 |
4.2 |
3.3 |
5.3 |
5.5 |
|
Consumption
( % ) |
2.1 |
4.3 |
2.0 |
2.7 |
1.3 |
|
Investment
( % ) |
2.6 |
(1.0) |
1.1 |
3.4 |
3.8 |
|
Balance
of Trade ( MYR Million ) |
82,480 |
91,577 |
88,145 |
94,593 |
96,993 |
|
Government
Finance ( MYR Million ) |
(37,414) |
(37,194) |
(38,401) |
(39,887) |
(39,790) |
|
Government
Finance to GDP / Fiscal Deficit ( % ) |
(3.4) |
(3.2) |
(3.1) |
(3.0) |
(2.8) |
|
Inflation
( % Change in Composite CPI) |
3.2 |
4.0 |
2.1 |
3.5 |
3.0 |
|
Unemployment
Rate |
2.9 |
3.1 |
3.4 |
3.4 |
3.3 |
|
Net International
Reserves ( MYR Billion ) |
417 |
390 |
391 |
- |
- |
|
Average
Risk-Weighted Capital Adequacy Ratio ( % ) |
4.00 |
3.50 |
- |
- |
- |
|
Average
3 Months of Non-performing Loans ( % ) |
2.10 |
2.00 |
1.90 |
- |
- |
|
Average
Base Lending Rate ( % ) |
6.85 |
6.79 |
6.81 |
6.73 |
- |
|
Business
Loans Disbursed( % ) |
18.6 |
2.2 |
- |
- |
- |
|
Foreign
Investment ( MYR Million ) |
43,486.6 |
43,435.0 |
- |
- |
- |
|
Consumer
Loans ( % ) |
- |
- |
- |
- |
- |
|
Registration
of New Companies ( No. ) |
49,203 |
45,658 |
43,255 |
47,871 |
- |
|
Registration
of New Companies ( % ) |
6.1 |
(7.2) |
(5.3) |
10.7 |
- |
|
Liquidation
of Companies ( No. ) |
33,226 |
34,667 |
36,778 |
38,632 |
- |
|
Liquidation
of Companies ( % ) |
0.5 |
4.3 |
6.1 |
5.0 |
- |
|
Registration
of New Business ( No. ) |
332,723 |
364,230 |
376,720 |
484,029 |
- |
|
Registration
of New Business ( % ) |
1.0 |
9.0 |
3.0 |
29.0 |
- |
|
Business
Dissolved ( No. ) |
26,966 |
- |
- |
- |
- |
|
Business
Dissolved ( % ) |
48.5 |
- |
- |
- |
- |
|
Sales
of New Passenger Cars (' 000 Unit ) |
588.3 |
591.3 |
514.6 |
527.8 |
- |
|
Cellular
Phone Subscribers ( Million ) |
44.0 |
44.2 |
44.0 |
- |
- |
|
Tourist
Arrival ( Million Persons ) |
27.4 |
25.7 |
30.2 |
30.1 |
- |
|
Hotel
Occupancy Rate ( % ) |
63.6 |
58.8 |
61.2 |
- |
- |
|
Credit
Cards Spending ( % ) |
5.8 |
6.8 |
6.3 |
- |
- |
|
Bad
Cheque Offenders (No.) |
- |
- |
- |
- |
- |
|
Individual
Bankruptcy ( No.) |
22,351 |
18,457 |
- |
- |
- |
|
Individual
Bankruptcy ( % ) |
1.7 |
(17.4) |
- |
- |
- |
|
INDUSTRIES
( % of Growth ): |
2014 |
2015 |
2016 |
2017* |
2018** |
|
Agriculture |
2.0 |
1.3 |
(5.1) |
5.6 |
2.4 |
|
Palm
Oil |
6.7 |
7.0 |
(12.7) |
11.8 |
- |
|
Rubber |
(10.4) |
(11.0) |
(6.3) |
10.8 |
- |
|
Forestry
& Logging |
(4.2) |
(7.2) |
(3.0) |
(15.0) |
- |
|
Fishing |
2.7 |
2.1 |
2.2 |
0.2 |
- |
|
Other
Agriculture |
6.2 |
6.0 |
5.1 |
2.4 |
- |
|
Industry
Non-Performing Loans ( MYR Million ) |
303.8 |
343.7 |
420.3 |
- |
- |
|
% of
Industry Non-Performing Loans |
1.4 |
1.5 |
1.8 |
- |
- |
|
Mining |
3.3 |
5.3 |
2.2 |
0.5 |
0.9 |
|
Oil
& Gas |
3.0 |
3.5 |
4.5 |
- |
- |
|
Other
Mining |
46.6 |
47.1 |
42.6 |
- |
- |
|
Industry
Non-performing Loans ( MYR Million ) |
63.5 |
180.1 |
190.0 |
- |
- |
|
% of
Industry Non-performing Loans |
0.3 |
0.8 |
0.8 |
- |
- |
|
Manufacturing
# |
6.1 |
4.9 |
4.4 |
5.5 |
5.3 |
|
Exported-oriented
Industries |
7.1 |
6.5 |
4.3 |
6.5 |
- |
|
Electrical
& Electronics |
11.8 |
9.2 |
6.8 |
9.3 |
- |
|
Rubber
Products |
(1.3) |
5.1 |
5.0 |
6.9 |
- |
|
Wood
Products |
7.8 |
7.0 |
7.8 |
7.3 |
- |
|
Textiles
& Apparel |
10.8 |
7.5 |
7.5 |
7.4 |
- |
|
Domestic-oriented
Industries |
7.7 |
4.7 |
3.4 |
6.2 |
- |
|
Food,
Beverages & Tobacco |
6.1 |
8.9 |
7.5 |
11.0 |
- |
|
Chemical
& Chemical Products |
1.4 |
3.5 |
4.5 |
3.5 |
- |
|
Plastic
Products |
2.7 |
3.9 |
5.1 |
- |
- |
|
Iron
& Steel |
2.8 |
1.6 |
2.2 |
- |
- |
|
Fabricated
Metal Products |
2.8 |
4.6 |
5.6 |
4.6 |
- |
|
Non-metallic
Mineral |
6.9 |
6.8 |
6.3 |
5.4 |
- |
|
Transport
Equipment |
14.4 |
5.2 |
(3.1) |
4.7 |
- |
|
Paper
& Paper Products |
4.7 |
3.2 |
5.4 |
5.8 |
- |
|
Crude
Oil Refineries |
13.0 |
14.3 |
13.7 |
- |
- |
|
Industry
Non-Performing Loans ( MYR Million ) |
5,730.8 |
4,243.7 |
4,214.1 |
- |
- |
|
% of
Industry Non-Performing Loans |
25.6 |
19.0 |
18.5 |
- |
- |
|
Construction |
11.7 |
8.2 |
7.4 |
7.6 |
7.5 |
|
Industry
Non-Performing Loans ( MYR Million ) |
1,666.4 |
1,638.0 |
1,793.9 |
- |
- |
|
% of
Industry Non-Performing Loans |
7.5 |
7.3 |
7.9 |
- |
- |
|
Services |
6.6 |
5.1 |
5.6 |
5.9 |
5.8 |
|
Electric,
Gas & Water |
3.8 |
3.6 |
5.4 |
2.5 |
2.6 |
|
Transport,
Storage & Communication |
7.70 |
7.55 |
6.85 |
7.35 |
7.30 |
|
Wholesale,
Retail, Hotel & Restaurant |
7.70 |
6.65 |
6.65 |
7.05 |
6.65 |
|
Finance,
Insurance & Real Estate |
5.15 |
2.90 |
4.70 |
5.70 |
5.90 |
|
Government
Services |
6.3 |
4.0 |
4.9 |
4.4 |
4.5 |
|
Other
Services |
4.8 |
4.7 |
4.8 |
5.3 |
5.3 |
|
Industry
Non-Performing Loans ( MYR Million ) |
5,373.5 |
6,806.6 |
7,190.6 |
- |
- |
|
% of
Industry Non-Performing Loans |
24.1 |
30.5 |
31.5 |
- |
- |
|
* Estimate
/ Preliminary |
|||||
|
**
Forecast |
|||||
|
# Based
On Manufacturing Production Index |
|||||
INDUSTRY ANALYSIS
|
|
MSIC
CODE |
|
|
10711 :
Manufacture of biscuits and cookies |
|
|
INDUSTRY
: |
MANUFACTURING |
|
The manufacturing
sector is forecast to increase 5.3% in year 2018 (2017: 5.5%). Output of
export-oriented industries is projected to expand on account of sustained
demand for E&E, refined petroleum and woods products. Growth in the
domestic-oriented industries is anticipated to remain resilient supported by
ongoing construction of infrastructure projects as well as strong demand for
consumer products, especially food and transport equipment. |
|
|
Value
added of the manufacturing sector expanded further by 5.8% during the first
half of 2017 (January – June 2016: 4.4%) with expansion across a wide range
of outputs in both the export- and domestic-oriented industries. During the
first eight months, production increased 6.4%, while sales rebounded
significantly by 15.6% to RM500.2 billion (January – August 2016: 4%; -0.7%;
RM432.8 billion). Output of export-oriented industries rose 6.5% (January –
August 2016: 4.3%) led by an upturn in global electronics cycle and further
enhanced by strong demand for resource-based products. Meanwhile,
domestic-oriented industries expanded 6.2% (January – August 2016: 3.4%)
benefiting from vibrant consumption and construction activities. |
|
|
Within
the export-oriented industries, E&E output expanded 9.3% while sales
surged 16.3% to RM169.5 billion (January – August 2016: 6.8%; 9%; RM145.8
billion). Growth emanated mainly from the expansion in output of printed
circuit boards, semiconductor devices and electronic integrated circuits
which strengthened further by 24.4%, 11.9% and 16.9% (January – August 2016:
11.9%; 5.9%; 15%), respectively. This is in line with the trend in global
semiconductor sales which is expected to expand 11.5% in 2017, the highest
level since 2010. On the contrary, the output of computers and peripheral equipment
contracted 7.7% (January – August 2016: 3.1%) as a result of lower demand for
notebooks and personal computers following rising preferences for smartphones
and tablets. Meanwhile, consumer electronics grew at a moderate pace of 2.6%
(January – August 2016: 5.3%) partly due to lower demand for in-car
entertainment, portable media players and digital cameras. |
|
|
Output
of wood and wood products grew 7.3% (January – August 2016: 7.8%). The growth
was primarily supported by output of sawmilling and planning of wood which
expanded 14.7% (January – August 2016: 16.8%) in response to strong demand
from Australia, Japan and the US. Meanwhile, production of wooden and cane
furniture remained steady at 10.9% (January – August 2016: 10.9%), benefiting
from greater adoption of technology and diversification of export markets. |
|
|
Manufacture
of food products rose 11.2%, largely attributed to a significant increase in
refined palm oil at 26.1% (January – August 2016: 6.3%; -3.3%), following
higher production of CPO. Meanwhile, output of other food products grew 7%
supported by production of bread, cakes and other bakery (15.6%) as well as
biscuits and cookies (12%) to meet the rising demand from households (January
– August 2016: 11.1%; 19.2%; 19.1%). |
|
|
For the
year, the manufacturing sector is projected to expand further by 5.5% (2016:
4.4%) mainly attributed to an upturn in global semiconductor sales as well as
higher demand for consumer products and construction materials. |
|
|
OVERALL
INDUSTRY OUTLOOK : Marginal Growth |
|
CREDIT RISK EVALUATION &
RECOMMENDATION
|
|
|
PROFIT AND LOSS ACCOUNT
|
|
THE
FINANCIAL STATEMENTS WERE PREPARED IN ACCORDANCE WITH MALAYSIAN FINANCIAL
REPORTING STANDARDS(FRS) |
|
JULIE'S
MANUFACTURING SDN. BHD. |
|
Financial
Year End |
2016-12-31 |
2015-12-31 |
2014-12-31 |
2013-12-31 |
2012-12-31 |
|
Months |
12 |
12 |
12 |
12 |
12 |
|
Consolidated
Account |
Company |
Company |
Company |
Company |
Company |
|
Audited
Account |
YES |
YES |
YES |
YES |
YES |
|
Unqualified
Auditor's Report (Clean Opinion) |
YES |
YES |
YES |
YES |
YES |
|
Financial
Type |
FULL |
FULL |
FULL |
FULL |
FULL |
|
Currency |
MYR |
MYR |
MYR |
MYR |
MYR |
|
TURNOVER |
57,303,170 |
50,431,075 |
38,725,626 |
28,631,911 |
29,340,993 |
|
Other
Income |
29,362 |
1,880,371 |
1,030 |
15,513 |
7,354 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
Total
Turnover |
57,332,532 |
52,311,446 |
38,726,656 |
28,647,424 |
29,348,347 |
|
Costs
of Goods Sold |
(47,826,250) |
(38,235,949) |
(29,968,877) |
(22,928,072) |
(23,780,413) |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
Gross
Profit |
9,506,282 |
14,075,497 |
8,757,779 |
5,719,352 |
5,567,934 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
PROFIT/(LOSS)
FROM OPERATIONS |
6,953,797 |
12,567,075 |
7,836,601 |
4,787,463 |
4,784,394 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
PROFIT/(LOSS)
BEFORE TAXATION |
6,953,797 |
12,567,075 |
7,836,601 |
4,787,463 |
4,784,394 |
|
Taxation |
(1,329,638) |
970,000 |
(817,000) |
(490,000) |
- |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
PROFIT/(LOSS)
AFTER TAXATION |
5,624,159 |
13,537,075 |
7,019,601 |
4,297,463 |
4,784,394 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
RETAINED
PROFIT/(LOSS) BROUGHT FORWARD |
|||||
|
As
previously reported |
22,419,292 |
8,882,217 |
1,862,616 |
(2,434,847) |
(7,219,241) |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
As
restated |
22,419,292 |
8,882,217 |
1,862,616 |
(2,434,847) |
(7,219,241) |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
PROFIT
AVAILABLE FOR APPROPRIATIONS |
28,043,451 |
22,419,292 |
8,882,217 |
1,862,616 |
(2,434,847) |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
RETAINED
PROFIT/(LOSS) CARRIED FORWARD |
28,043,451 |
22,419,292 |
8,882,217 |
1,862,616 |
(2,434,847) |
|
============= |
============= |
============= |
============= |
============= |
|
|
INTEREST
EXPENSE (as per notes to P&L) |
|||||
|
Bankers'
acceptance |
219,029 |
196,859 |
160,290 |
143,527 |
139,341 |
|
Hire
purchase |
165,578 |
149,207 |
229,219 |
104,557 |
61,211 |
|
Loan
from subsidiary companies |
- |
- |
94,194 |
254,400 |
179,871 |
|
Term
loan / Borrowing |
537,191 |
64,257 |
- |
19,182 |
99,581 |
|
Others |
3,193 |
- |
- |
- |
- |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
924,991 |
410,323 |
483,703 |
521,666 |
480,004 |
|
|
============= |
============= |
============= |
============= |
============= |
|
|
DEPRECIATION
(as per notes to P&L) |
4,025,925 |
2,604,557 |
1,821,879 |
1,375,660 |
1,051,949 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
Total
Amortization And Depreciation |
4,025,925 |
2,604,557 |
1,821,879 |
1,375,660 |
1,051,949 |
|
============= |
============= |
============= |
============= |
============= |
|
|
|
|
|
|
|
|
BALANCE SHEET
|
|
JULIE'S
MANUFACTURING SDN. BHD. |
|
ASSETS
EMPLOYED: |
|||||
|
FIXED
ASSETS |
45,773,988 |
39,314,498 |
20,702,741 |
20,417,628 |
16,957,110 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL
LONG TERM ASSETS |
45,773,988 |
39,314,498 |
20,702,741 |
20,417,628 |
16,957,110 |
|
CURRENT
ASSETS |
|||||
|
Stocks |
3,465,298 |
2,952,071 |
2,315,070 |
2,152,600 |
2,962,068 |
|
Contract
work-in-progress |
- |
- |
- |
412 |
1,104 |
|
Other
debtors, deposits & prepayments |
792,752 |
724,650 |
16,473 |
7,720 |
7,963 |
|
Short
term deposits |
- |
- |
390,790 |
266,967 |
658,338 |
|
Amount
due from subsidiary companies |
19,505,645 |
16,876,881 |
12,273,196 |
7,860,520 |
5,865,578 |
|
Cash
& bank balances |
3,171,511 |
2,048,507 |
880,806 |
371,567 |
374,702 |
|
Others |
128,513 |
254,182 |
64,500 |
- |
- |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL CURRENT
ASSETS |
27,063,719 |
22,856,291 |
15,940,835 |
10,659,786 |
9,869,753 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL
ASSET |
72,837,707 |
62,170,789 |
36,643,576 |
31,077,414 |
26,826,863 |
|
============= |
============= |
============= |
============= |
============= |
|
|
CURRENT
LIABILITIES |
|||||
|
Trade
creditors |
8,621,714 |
7,143,336 |
6,128,293 |
4,824,016 |
5,191,916 |
|
Other
creditors & accruals |
3,929,024 |
6,057,006 |
1,249,218 |
1,172,874 |
712,299 |
|
Hire
purchase & lease creditors |
- |
- |
1,458,980 |
977,771 |
542,844 |
|
Short
term borrowings/Term loans |
1,539,204 |
1,000,003 |
- |
- |
800,290 |
|
Bill
& acceptances payable |
6,543,000 |
5,206,000 |
4,874,000 |
3,305,000 |
4,491,000 |
|
Amounts
owing to holding company |
971,986 |
971,986 |
971,986 |
971,986 |
971,986 |
|
Amounts
owing to subsidiary companies |
77,576 |
- |
- |
7,010,700 |
5,649,357 |
|
Lease
payables |
1,309,404 |
857,231 |
- |
- |
- |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL
CURRENT LIABILITIES |
22,991,908 |
21,235,562 |
14,682,477 |
18,262,347 |
18,359,692 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
NET
CURRENT ASSETS/(LIABILITIES) |
4,071,811 |
1,620,729 |
1,258,358 |
(7,602,561) |
(8,489,939) |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
LONG
TERM LIABILITIES |
|||||
|
Long
term loans |
9,113,458 |
6,833,330 |
- |
- |
- |
|
Lease
obligations |
1,418,890 |
1,345,605 |
- |
- |
- |
|
Hire
purchase creditors |
- |
- |
1,771,882 |
462,451 |
902,018 |
|
Deferred
taxation |
1,270,000 |
337,000 |
1,307,000 |
490,000 |
- |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL
LONG TERM LIABILITIES |
11,802,348 |
8,515,935 |
3,078,882 |
952,451 |
902,018 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL
NET ASSETS |
38,043,451 |
32,419,292 |
18,882,217 |
11,862,616 |
7,565,153 |
|
============= |
============= |
============= |
============= |
============= |
|
|
FINANCED
BY: |
|||||
|
SHARE
CAPITAL |
|||||
|
Ordinary
share capital |
10,000,000 |
10,000,000 |
10,000,000 |
10,000,000 |
10,000,000 |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL
SHARE CAPITAL |
10,000,000 |
10,000,000 |
10,000,000 |
10,000,000 |
10,000,000 |
|
RESERVES |
|||||
|
Retained
profit/(loss) carried forward |
28,043,451 |
22,419,292 |
8,882,217 |
1,862,616 |
(2,434,847) |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
TOTAL
RESERVES |
28,043,451 |
22,419,292 |
8,882,217 |
1,862,616 |
(2,434,847) |
|
---------------- |
---------------- |
---------------- |
---------------- |
---------------- |
|
|
SHAREHOLDERS'
FUNDS/EQUITY |
38,043,451 |
32,419,292 |
18,882,217 |
11,862,616 |
7,565,153 |
|
============= |
============= |
============= |
============= |
============= |
|
|
|
|
|
|
|
|
FINANCIAL RATIO
|
|
JULIE'S
MANUFACTURING SDN. BHD. |
|
TYPES
OF FUNDS |
|||||
|
Cash |
3,171,511 |
2,048,507 |
1,271,596 |
638,534 |
1,033,040 |
|
Net
Liquid Funds |
(3,371,489) |
(3,157,493) |
(3,602,404) |
(2,666,466) |
(3,457,960) |
|
Net
Liquid Assets |
606,513 |
(1,331,342) |
(1,056,712) |
(9,755,161) |
(11,452,007) |
|
Net
Current Assets/(Liabilities) |
4,071,811 |
1,620,729 |
1,258,358 |
(7,602,561) |
(8,489,939) |
|
Net
Tangible Assets |
38,043,451 |
32,419,292 |
18,882,217 |
11,862,616 |
7,565,153 |
|
Net
Monetary Assets |
(11,195,835) |
(9,847,277) |
(4,135,594) |
(10,707,612) |
(12,354,025) |
|
PROFIT
& LOSS ITEMS |
|||||
|
Earnings
Before Interest & Tax (EBIT) |
7,878,788 |
12,977,398 |
8,320,304 |
5,309,129 |
5,264,398 |
|
Earnings
Before Interest, Taxes, Depreciation And Amortization (EBITDA) |
11,904,713 |
15,581,955 |
10,142,183 |
6,684,789 |
6,316,347 |
|
BALANCE
SHEET ITEMS |
|||||
|
Total
Borrowings |
18,614,552 |
14,384,938 |
8,104,862 |
4,745,222 |
6,736,152 |
|
Total Liabilities |
34,794,256 |
29,751,497 |
17,761,359 |
19,214,798 |
19,261,710 |
|
Total
Assets |
72,837,707 |
62,170,789 |
36,643,576 |
31,077,414 |
26,826,863 |
|
Net
Assets |
38,043,451 |
32,419,292 |
18,882,217 |
11,862,616 |
7,565,153 |
|
Net Assets
Backing |
38,043,451 |
32,419,292 |
18,882,217 |
11,862,616 |
7,565,153 |
|
Shareholders'
Funds |
38,043,451 |
32,419,292 |
18,882,217 |
11,862,616 |
7,565,153 |
|
Total
Share Capital |
10,000,000 |
10,000,000 |
10,000,000 |
10,000,000 |
10,000,000 |
|
Total
Reserves |
28,043,451 |
22,419,292 |
8,882,217 |
1,862,616 |
(2,434,847) |
|
GROWTH
RATIOS (Year on Year) (%) |
|||||
|
Revenue |
13.63 |
30.23 |
35.25 |
(2.42) |
24.91 |
|
Proft/(Loss)
Before Tax |
(44.67) |
60.36 |
63.69 |
0.06 |
220.42 |
|
Proft/(Loss)
After Tax |
(58.45) |
92.85 |
63.34 |
(10.18) |
220.42 |
|
Total
Assets |
17.16 |
69.66 |
17.91 |
15.84 |
61.38 |
|
Total
Liabilities |
16.95 |
67.51 |
(7.56) |
(0.24) |
39.15 |
|
LIQUIDITY
(Times) |
|||||
|
Cash
Ratio |
0.14 |
0.10 |
0.09 |
0.03 |
0.06 |
|
Liquid
Ratio |
1.03 |
0.94 |
0.93 |
0.47 |
0.38 |
|
Current
Ratio |
1.18 |
1.08 |
1.09 |
0.58 |
0.54 |
|
WORKING
CAPITAL CONTROL (Days) |
|||||
|
Stock
Ratio |
22 |
21 |
22 |
27 |
37 |
|
Debtors
Ratio |
0 |
0 |
0 |
0 |
0 |
|
Creditors
Ratio |
66 |
68 |
75 |
77 |
80 |
|
SOLVENCY
RATIOS (Times) |
|||||
|
Gearing
Ratio |
0.49 |
0.44 |
0.43 |
0.40 |
0.89 |
|
Liabilities
Ratio |
0.91 |
0.92 |
0.94 |
1.62 |
2.55 |
|
Times
Interest Earned Ratio |
8.52 |
31.63 |
17.20 |
10.18 |
10.97 |
|
Assets Backing
Ratio |
3.80 |
3.24 |
1.89 |
1.19 |
0.76 |
|
PERFORMANCE
RATIO (%) |
|||||
|
Operating
Profit Margin |
12.14 |
24.92 |
20.24 |
16.72 |
16.31 |
|
Net
Profit Margin |
9.81 |
26.84 |
18.13 |
15.01 |
16.31 |
|
Return
On Net Assets |
20.71 |
40.03 |
44.06 |
44.76 |
69.59 |
|
Return
On Capital Employed |
15.81 |
31.70 |
35.53 |
38.49 |
58.43 |
|
Return
On Shareholders' Funds/Equity |
14.78 |
41.76 |
37.18 |
36.23 |
63.24 |
|
Dividend
Pay Out Ratio (Times) |
0 |
0 |
0 |
0 |
0 |
|
NOTES
TO ACCOUNTS |
|||||
|
Contingent
Liabilities |
0 |
0 |
0 |
0 |
0 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 67.96 |
|
|
1 |
INR 91.88 |
|
Euro |
1 |
INR 80.28 |
|
MYR |
1 |
INR 17.12 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
SYL |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.