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Every year, all Public Listed companies in Bursa Malaysia are required by the Law to hold Annual General Meeting, commonly referred to as an AGM.

An AGM is held to elect the Board of Directors and inform and Update their shareholders of previous, currents, future activities and transact other business.

It is also an opportunity for the shareholders to communicate with Board of Directors directly.

When you buy a stock, you automatically become a company shareholder and have right to Vote in the AGM.

Every shareholder will received an AGM notification by Post normally about One month before the AGM date.

The company annual report also attached in the notification. It is very common to received  company annual report in Compact Disc(CD) format instead of paper book format.

Fraser & Neave Holdings Bhd (F&N) hold the AGM at  Sime Darby Convention Centre, 1A, Jalan Bukit Kiara 1, 60000 Kuala Lumpur on Thursday, 21 January 2010.

As a token of appreciation for attending the AGM, shareholders will be given a Door Gift.

One shareholder is limited to one Door Gift regardless how many share he or she owned.

F&N gave a cartoon of can drink to all shareholders who attend the AGM this year.

If the shareholder unable to attend the AGM, he or she may elect a Proxy.

Unfortunately, not all Public Listed companies would gave a Door Gift at the AGM.

Fraser & Neave will not increase prices till end Feb

KUALA LUMPUR: Fraser & Neave Holdings Bhd (F&N) is targeting double-digit growth for its soft drinks division in the current financial year ending Sept 30, 2010 (FY10) compared with RM1.31bil revenue recorded in FY09.

Chief executive officer Tan Ang Meng said it also targeted mid-single digit growth for its dairy products division in FY10. The division posted revenue of RM1.9bil in FY09, down 5% from FY08.

The projection was in line with the improving economy of both Malaysia and its biggest overseas market, Thailand, said Tan. “We are more positive this year. However, prices of raw materials remain volatile, which will be a challenge,” he said.

As a way to cushion the impact of cost increases, Tan said F&N would reduce the sugar content in its products in the long term and promote less-sweet products.

Over the past five years, F&N had reduced the sugar level by 7.5% in its products in line with the changing tastes of consumers, Tan noted.

Tan said the recent increase in sugar price was observed to have eroded the company’s bottomline by RM2mil per month.

“However, with consumers’ interests in mind, we will not increase prices of our products until the end of February,” he said.

He added that the company was planning to launch new products starting next week as the management geared up for expiry of the Coca-Cola transition agreement in September 2011.

“The company will launch 50 new products in the next two years as part of our strategy to strengthen the soft drinks division,” Tan said.

The company was also looking for partners or new franchises that could leverage on its strong distribution network, he added.

fr:biz.thestar.com.my/services/printerfriendly.asp?file=/2010/1/22/business/5524010.asp&sec=business

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F&N’s Red Bull deal worth RM600m

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Fraser & Neave Holdings Bhd (F&N) has sealed a five-year exclusive deal worth an estimated RM600 million with Allexcel Trading Sdn Bhd to distribute and sell Red Bull energy drink in Malaysia.

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