Hup Seng Annual Report 2018.pdf - Table of Contents 2...

Corporate Information
Corporate Structure
Financial Highlights
Directors’ Profile
Management Discussion and Analysis
Sustainability Statement
CG Overview Statement
Statement of Directors’ Responsibilities in Relation to
Financial Statement
Other Compliance Information
Audit Committee
Board Committee
Statement on Risk Management and Internal Control
Financial Statements
Top 10 Properties of the Group
Statement of Shareholdings
Notice of Annual General Meeting
Form of Proxy
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3
4
6
12
16
22
30
31
32
34
36
39
110
112
115
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Table of Contents
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Corporate Information
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Directors
Y.Bhg. Dato’ Keh (Kerk) Chu Koh
(Chairman)
Lim Poh Seong
(Independent Non-Executive Director
appointed on 1 September 2018 and
Co-Chairman appointed on 1 March 2019)
Kerk Chiew Siong
(Vice Chairman)
Kuo Choo Song
(Managing Director)
Kerk Chian Tung
(Executive Director)
Teo Lee Teck
(Non-Independent Non-Executive Director)
Kerk Kar Han
(Non-Independent Non-Executive Director)
Mazrina Binti Arifin
(Senior Independent Non-Executive Director)
Norita Binti Ja’afar
(Independent Non-Executive Director)
Raja Khairul Anuar Bin Raja Mokhtar
(Independent Non-Executive Director)
Y.Bhg. Dato’ Wee Hoe Soon @
Gooi Hoe Soon
(Alternate Director to Lim Poh Seong)
Secretaries
Lee Wai Ngan (LS00184)
Chan Toye Ying (LS00185)
Registered Office
Plaza 138, Suite 18.03, 18th Floor
138 Jalan Ampang, 50450 Kuala Lumpur
Tel : [phone] Fax : [phone]
Principal Place Of Business
14 Jalan Kilang
Kawasan Perindustrian Tongkang Pecah
83010 Batu Pahat, Johor Darul Ta’zim
Share Registrar
Boardroom Share Registrars Sdn Bhd
(378993-D)
(formerly known as
Symphony Share Registrars Sdn Bhd)
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya, Selangor Darul Ehsan
Tel : [phone] Fax : [phone]
Principal Bankers
RHB Bank Berhad
Malayan Banking Berhad
Public Bank Berhad
United Overseas Bank (Malaysia) Berhad
HSBC Bank Malaysia Berhad
OCBC Al-Amin Bank Berhad
CIMB Islamic Bank Berhad
Auditors
Ernst & Young (AF: 0039)
Chartered Accountants
Stock Exchange Listing
Main Market of Bursa Malaysia Securities Berhad
Stock Code : 5024
Annual Report 2018
Hup Seng Industries Berhad
(Company No: 226098-P)

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Corporate Structure
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HUP SENG
INDUSTRIES BERHAD
(Company No.226098-P)
HUP SENG
PERUSAHAAN
MAKANAN (M) SDN BHD
(Company No.19770-K)
HUP SENG
HOON YONG
BROTHERS SDN BHD
(Company No.31372-V)
IN-COMIX FOOD
INDUSTRIES SDN BHD
(Company No.180753-V)
100% 100% 100%
Annual Report 2018
Hup Seng Industries Berhad
(Company No: 226098-P)

PROFIT AFTER TAX (RM MILLION)
2014 2015 2016 2018 2017
RETURN ON EQUITY (ROE) (%)
2014 2015 2016 2018 2017
DIVIDENDS PAYOUT RATIO (%)
2014 2015 2016 2018 2017
REVENUE (RM MILLION)
2014 2015 2016 2018 2017
EARNINGS PER SHARE (SEN)
2014 2015 2016 2018 2017
NET DIVIDENDS PER SHARE (SEN)
2014 2015 2016 2018 2017
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5-Year Group Financial Highlights
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Annual Report 2018
Hup Seng Industries Berhad
(Company No: 226098-P)
3.0
7.5
6.0 6.0 6.0
62.9
109.6
97.2
111.7
108.0
262.2
286.9
285.6
307.4
299.7
38.1
54.7
49.4
43.0
44.4
4.8
6.8
6.2
5.4
5.6
24.6
33.0
27.0 27.1
27.2

Financial Year Ended
Key Results (RM)
Revenue
Profit after Tax
Other Key Data (RM)
Total Assets
Total Liabilities
Shareholders’ Equity
Capital Expenditure
Financial Ratio (%)
Revenue Growth
Net Profit Growth
Net Profit Margin
Return on Equity (ROE)
Share Information
Earnings per Share
Net Dividends per Share
Dividends Payout Ratio