Fraser & Neave Holdings Bhd Annual Report 2019

Dear Shareholders and Stakeholders,

On behalf of the Board, it gives me great pleasure to present an overview of our performance for the financial year ended 30 September 2019 (FY2019). Although the implementation of excise duty on sweetened beverages in Malaysia and volatile export environment resulted in some reprioritisation of initiatives, Fraser & Neave Holdings Bhd (F&NHB or the Group) has once again proved our resilience.

Tengku Syarif Bendahara Perlis
Syed Badarudin Jamalullail Ibni
Almarhum Tuanku Syed Putra Jamalullail

BM Mandarin

Dear Shareholders and Stakeholders,

Our FY2019 performance reflected the speed and agility gained from our transformation initiatives, our strong research and development capabilities, and the benefits of our push for geographical diversity beyond Malaysia.

Lim Yew Hoe

BM Mandarin

It is our vision to create a financially, environmentally, and socially sustainable future for our business by delivering value through innovation, human capital development and social collaboration; and managing our impacts and conduct business in a responsible manner.

F&NHB's overall sustainability framework comprises six pillars: 1) Driving Economic Value; 2) Empowering Our People; 3) Enhancing Social Well-being; 4) Eco-effiency 5) Reponsible Supply Chain; and 6) Safety and Well-being.

Joint Message from Our Chairman & CEO 2019 Facts at a Glance Our Sustainability Framework Summary of Our Group Targets and Progress

Download our Sustainability Report 2019

Overview

Who We Are
2019 Awards
Our Global Presense
Chairman's Message
Group Financial Highlights 2019
Corporate Information
Corporate Structure
Key Milestones

Leadership

Board Composition
Profile of Board of Directors
Management Team
Profile of Chief Executive Officer
Profile of Key Senior Management
Organisation Structure

MANAGEMENT DISCUSSION AND ANALYSIS

Strategic Report
Business Review
Performance Review

Governance

Corporate Governance Overview Statement
Nominating Committee Report
Audit Committee Report
Statement on Risk Management and Internal Control
Statement on Directors’ Responsibility
Additional Compliance Information

SUSTAINABILITY Statement

Sustainability Statement

FINANCIAL STATEMENTS

Directors’ Report
Statements of Financial Position
Statements of Profit or Loss
Statements of Other Comprehensive Income
Statements of Changes in Equity
Statements of Cash Flows
Notes to the Financial Statements
Statement by Directors
Statutory Declaration
Independent Auditors’ Report

Additional Information

Shareholdings Statistics
List of Properties
Corporate Directory
Notice of Annual General Meeting
Administrative Details for the 58th Annual General Meeting of Fraser & Neave Holdings Bhd
Proxy Form

Sustainability Report

Joint Message from Our Chairman & CEO
About This Report
About Fraser & Neave Holdings Bhd
Value Creation Business Model
Our Sustainability Approach
Summary of Our Group Targets and Progress
Delivering Value
Managing Our Impacts
Other Information