Fraser & Neave Holdings Bhd Annual Report 2020

008 FRASER & NEAVE HOLDINGS BHD Who We Are VISION To become the leading total beverage company in Malaysia and the region MISSION To provide superior returns to our shareholders, excellent value for our customers and a rewarding career for our employees A Syariah-compliant company, the Group has an annual turnover of close to RM4 billion from its core businesses in the manufacture, sales and marketing of beverages and dairy products. Today, the Group is one of the largest beverage manufacturers and distributors in the region with brands such as 100PLUS, F&N Fun Flavours, F&N NutriSoy, F&N SEASONS, F&N ICE MOUNTAIN, BORNEO, OYOSHI, est Cola and RANGER. Within the dairies line, we produce sweetened condensed and evaporated milk, as well as packaged milk and juice products under the F&N, TEAPOT, Gold Coin, F&N Magnolia, FARMHOUSE and F&N Fruit Tree brands. F&N is also an exclusive manufacturer, marketer and distributor of Carnation products in Thailand, Laos and Cambodia; Carnation, Cap Junjung and Ideal canned milk products in Malaysia, Singapore and Brunei. Currently, F&NHB has over 170 products in Malaysia and Thailand. There have been no significant changes to F&NHB’s size, operations, ownership or supply chain during the past year. The Group’s operating businesses are organised according to products and services, namely Food and Beverages Malaysia (F&B Malaysia) which encompass both Soft Drinks and Dairies Malaysia business; Food and Beverages Thailand (F&B Thailand); Property and others. Fraser & Neave Holdings Bhd (F&NHB or the Group) is listed on Bursa Malaysia’s Main Board and is amongst the region’s oldest and most established companies. Founded in 1883 to produce carbonated soft drinks by John Fraser and David Chalmers Neave – from whom the ‘F&N’ initials are derived – the Group has grown to be an iconic household name that is trusted to provide ‘Pure Enjoyment, Pure Goodness’ through its wide portfolio of well-loved brands. Global Values Our Global Values serve as a compass for our actions and describe how we behave in our organisation. Collaboration We leverage the power of inherent strengths and diversity to create inclusive synergies and commit to team goals Creating Values We are passionate about applying new idea and grasping opportunities to create positive impacts Caring for Stakeholders We embrace our stakeholders’ perspectives with good intent and the right mindset to bring them into our long-term sustainability efforts