Da

ibo

ch

iP

las

tic &

Pa

ck

ag

ing

In

du

stry

Be

rha

d

2Q

14

Fin

ancia

l Results

& C

orp

ora

te U

pdate

24 J

uly

2014

IR A

dv

ise

r

AQ

UIL

AS

2Q

14

Op

era

tion

al H

igh

ligh

ts

Focusin

g o

n s

ale

s e

xpansio

n…

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

3

Co

ntin

ues d

ou

ble

-dig

it reven

ue g

row

th y

-o-y

, bu

t marg

ins s

till p

layin

g c

atc

h-u

p fro

m ris

ing

resin

an

d o

pex

co

sts

…

OP

ER

AT

ION

S R

EV

IEW

•2

Q1

4 p

ac

ka

gin

g s

ale

s o

rde

rs g

en

era

lly m

ain

tain

ed

, d

es

pite

slig

ht d

ip in

ex

po

rt sa

les

»P

acka

gin

g re

ve

nu

e g

rew

24

.9%

y-o

-y to

RM

86

.4m

(2

Q1

3: R

M6

9.2

m), o

n c

on

tribu

tion

s fro

m n

ew

MN

C

cu

sto

mers

from

S.E

.A a

nd

Au

stra

lia s

ince

2H

13

»2

Q1

4 p

acka

gin

g re

ve

nue s

aw

slig

ht 3

.8%

dip

q-o

-q

(1Q

14

: RM

89

.9m

)

-Te

mp

ora

ry s

ale

s p

ullb

ack in

the

ea

rly p

art o

f the

q

ua

rter, d

ue

to te

nsio

ns in

Th

aila

nd

-S

ale

s o

rde

rs re

su

med n

orm

ally

in J

un

e

•M

ain

tain

ed

gro

ss

ma

rgin

as

pe

r 1Q

14

»S

tab

le p

rice

s o

f ke

y ra

w m

ate

rials

as p

er 1

Q1

4;

with

time

-lag o

f co

st p

ass th

rough

me

ch

anis

m

•S

ligh

t de

clin

e in

PB

T m

arg

in

»In

cre

ased o

pe

ratin

g c

osts

du

e to

hik

e in

ele

ctric

ity

tariffs

an

d h

igh

er w

ag

es e

ffectiv

e 1

Ja

n 2

01

4Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

4

Targ

etin

g fo

r hig

her e

xp

ort re

ven

ue to

mate

rializ

e b

y 4

Q14…

D

aib

och

i Pla

stic

Pla

nt 2

co

min

g o

n-s

tream

at o

pp

ortu

ne tim

e

UP

DA

TE

S: C

LIE

NT

EL

E, IN

NO

VA

TIO

N &

NE

W F

AC

ILIT

Y

•P

os

itive

fee

db

ack

from

ne

go

tiatio

ns

with

ne

w a

nd

e

xis

ting

cu

sto

me

rs

»C

urre

ntly

at v

ario

us s

tag

es o

f qu

alific

atio

n fo

r ne

w-a

nd-

en

larg

ed o

rders

from

exis

ting M

NC

cu

sto

mers

»N

ew

pro

duct in

Ase

an

reg

ion c

ou

ld b

e c

om

me

rcia

lize

d

as e

arly

as 4

Q1

4

•S

trea

mlin

ing

in D

aib

oc

hi P

las

tic P

lan

t 2 p

rog

res

sin

g w

ell

»N

ew

ly-in

sta

lled C

PP

film m

ach

ine a

nd

me

tallis

er

op

era

tional in

Ap

ril an

d M

ay 2

01

4 re

sp

ectiv

ely

»O

n tra

ck to

do

ub

le c

urre

nt film

ma

kin

g a

nd

me

tallis

ing

ca

pa

city

in 2

H1

4 u

po

n b

ein

g fu

lly o

pe

ratio

nal

»N

ew

lam

ina

tor a

nd

prin

ting m

ach

ine fo

r exis

ting

pla

nt to

b

e d

eliv

ere

d b

y 3

Q a

nd

4Q

20

14 re

sp

ectiv

ely

Ne

w M

eta

llizing

Ma

chin

e

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

5

Po

sitio

nin

g D

aib

och

i to c

ap

ture

exp

an

din

g o

pp

ortu

nitie

s in

th

e re

gio

n…

GR

OW

TH

ST

RA

TE

GIE

S

Ex

pa

nd

re

gio

na

l c

lien

tele

•In

talk

sw

ithvario

us

F&

Band

specia

ltypro

duct

ma

nufa

ctu

rers

toenla

rge

regio

nalfle

xib

lepackagin

gm

ark

etshare

•N

ew

ly-c

om

mis

sio

ned

Daib

ochi

Pla

stic

Pla

nt

2an

op

portu

ne

expansio

nto

meetpote

ntia

ldem

and

Imp

rov

e

op

era

tion

al

effic

ien

cy

•To

reap

benefits

of

stre

am

lined

meta

llizin

gand

film-m

akin

gpro

cesses

inD

aib

ochiP

lastic

Pla

nt2

•To

insta

lladditio

nal9

units

ofe-S

avers

in2H

14

•To

contin

ue

em

plo

yee

educatio

non

waste

-reductio

nm

easure

s

En

ha

nc

e R

&D

e

fforts

•Targ

etin

gto

co

mm

ence

com

merc

ializ

atio

nof

pro

du

ct

innova

tions

by

end-F

Y2014

2Q

14

Fin

an

cia

l Re

vie

w

Hold

ing s

teady…

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

7

Main

tain

ing

top

line g

row

th…

effe

ct o

f hig

her O

PE

X a

nd

inp

ut

co

sts

to b

e m

itigate

d w

ith h

igh

er re

ven

ue b

ase in

futu

re

INC

OM

E S

TA

TE

ME

NT

2Q

14 to

30.0

6.1

4

1Q

14 to

31.0

3.1

4

Ch

an

ge

vs

pre

ce

din

g q

trR

M'm

il

1H

14 to

30.0

6.1

4

1H

13 to

30.0

6.1

3

Ch

an

ge

vs

pre

v p

erio

d

86.9

890.3

9(3

.8%

)R

eve

nu

e177.3

7142.8

524.2

%

11.5

411.7

7(1

.9%

)E

BIT

DA

23.3

022.5

63.3

%

8.7

19.2

7(6

.0%

)O

pe

ratin

g P

rofit

17.9

917.8

50.8

%

0.1

00.0

4153.7

%S

ha

re o

f Asso

cia

te R

esu

lts0.1

50.1

8(1

7.1

%)

8.3

58.8

9(6

.1%

)P

re-ta

x P

rofit

17.2

417.5

7(1

.9%

)

6.2

26.6

0(5

.9%

)N

et P

rofit to

Sh

are

ho

lde

rs12.8

213.1

3(2

.3%

)

5.4

65.8

0(5

.9%

)B

asic

EP

S (se

n)

11.2

611.5

6(2

.6%

)

13.3

%13.0

%0.3

E

BIT

DA

marg

in13.1

%15.8

%(2

.7)

9.6

%9.8

%(0

.2)

P

BT

marg

in9.7

%12.3

%(2

.6)

7.1

%7.3

%(0

.2)

N

et m

arg

in7.2

%9.2

%(2

.0)

67.7

73.2

67.7

75.7

68.8

70.6

65.7

73.8

73.4

69.5

87.3

80.2

90.4

87.0Q

uarte

rly G

rou

p R

even

ue

FY

2011-2

014 (R

M ’m

il)

4.6

5.0

4.5

5.9

5.1

6.4

6.9

6.2

7.1

6.0

7.4

6.9

6.6

6.2

Qu

arte

rly G

rou

p P

AT

FY

2011-2

014 (R

M ’m

il)

+25.2

%+

3.3

%

•D

ou

ble

-dig

itgro

wth

in1

H1

4sale

sord

ers

from

ne

wexp

ort

MN

Cclie

nte

lesin

ce

2H

13

•M

arg

inpre

ssure

sre

ma

ind

ue

toin

cre

ase

dw

ag

es,

hig

her

ele

ctric

itycosts

,an

dh

igh

er

raw

mate

rialcosts

with

time-

lag

incostpass

thro

ugh

•C

om

me

nce

me

nt

of

Da

ibochi

Pla

stic

Pla

nt

2in

2Q

14

als

ocontrib

ute

dto

hig

her

OP

EX

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

8

Po

ised

for re

co

rd tu

rno

ver w

hils

t keep

ing

a k

een

eye o

n ris

ing

co

sts

…

PA

CK

AG

ING

SE

GM

EN

T P

ER

FO

RM

AN

CE

2Q

14 to

30.0

6.1

4

1Q

14 to

31.0

3.1

4

Ch

an

ge

vs

pre

ce

din

g q

tr

PA

CK

AG

ING

SE

GM

EN

T

(RM

'mil)

1H

14 to

30.0

6.1

4

1H

13 to

30.0

6.1

3

Ch

an

ge

vs

pre

v p

erio

d

86.4

489.8

5(3

.8%

)R

eve

nu

e176.2

9140.8

525.2

%

11.4

511.6

9(2

.0%

)E

BIT

DA

23.1

422.3

03.8

%

8.6

39.2

0(6

.2%

)O

pe

ratin

g P

rofit

17.8

317.5

91.3

%

8.1

68.7

8(7

.0%

)P

re-ta

x P

rofit

16.9

417.1

4(1

.2%

)

13.3

%13.0

%0.3

E

BIT

DA

marg

in13.1

%15.8

%(2

.7)

9.4

%9.8

%(0

.4)

P

BT

marg

in9.6

%12.2

%(2

.6)

65.1

67.0

62.2

73.6

68.8

69.0

65.1

72.9

71.6

69.2

80.5

79.7

89.9

86.4

Qu

arte

rly P

ackag

ing

Reven

ue

FY

2010-2

014 (R

M ’m

il)+24.9

%

5.3

5.0

4.7

6.5

7.4

8.2

9.0

8.6

9.2

8.0

9.6

8.3

8.8

8.2

Qu

arte

rly P

ackag

ing

PB

TF

Y2010-2

014 (R

M ’m

il)+2.5

%

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

9

Stre

ng

then

ing

asset b

ase fo

r larg

er c

ap

acity

… n

et g

earin

g

rem

ain

ing

man

ag

eab

le

BA

LA

NC

E S

HE

ET

HIG

HL

IGH

TS

As

at 3

0.0

6.2

01

4(U

na

ud

ited

)A

s a

t 31

.12

.20

13

(Au

dite

d)

Re

ma

rks

Fix

ed

Asse

ts (e

xcla

sso

cia

te in

ve

stm

en

t, la

nd

he

ldfo

r de

ve

lop

me

nt

& d

efe

rred

tax)

11

5.6

61

10

.00

Incurre

dR

M1

1.0

mil

CA

PE

Xin

2Q

14

for

de

live

ryof

me

tallis

ing

ma

ch

ine

an

de

-sa

ve

rssyste

m

Asso

cia

te In

ve

stm

en

t2

3.9

02

3.7

6

Cu

rren

t Asse

ts1

44

.76

14

3.9

8In

ve

nto

ries

an

dtra

de

rece

iva

ble

sris

ein

line

with

hig

he

rb

usin

ess

vo

lum

e

Cu

rren

t Lia

bilitie

s9

7.9

79

8.6

3

Sh

are

ho

lde

rs’ E

qu

ity1

66

.28

16

2.0

9O

nin

cre

ase

dre

tain

ed

ea

rnin

gs

To

tal B

orro

win

gs

62

.24

57

.73

Incre

ase

inb

an

kb

orro

win

gs

tofu

nd

wo

rkin

gca

pita

l

Ca

sh

& B

an

k B

ala

nce

s5

.43

13

.67

Lo

we

rd

ue

tod

ep

osits

for

ma

ch

ine

rya

cq

uis

ition

s

Ne

t Ge

arin

g0

.34

x0

.27

xIn

line

with

hig

he

rb

orro

win

gs;

still

with

inm

an

ag

ea

ble

leve

l

Re

turn

on

Ave

rag

e S

ha

reh

old

ers

’ Eq

uity

15

.6%

*1

7.8

%

Re

turn

on

Ave

rag

e T

ota

l Asse

ts9

.0%

*1

0.8

%

*An

nu

aliz

ed

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

10

2n

din

terim

tax e

xem

pt d

ivid

en

d o

f 3.5

sen

/ sh

are

payab

le o

n

11 S

ep

’14 (to

sh

are

ho

lders

on

18 A

ug

’14 R

OD

)…

DIV

IDE

ND

HIS

TO

RY

4.6

11

.79

.41

0.1

15

.21

7.1

8.0

55

.8%

51

.3%

51

.6%

50

.3%

61

.5%

61

.3%

62

.2%

0.0

%

25

.0%

50

.0%

75

.0%

10

0.0

%

0.0

0

6.0

0

12

.00

18

.00

20

08

20

09

20

10

20

11

20

12

20

13

1H

14

Div

iden

d P

ayo

ut

Div

ide

nd

Pa

yo

ut (R

M 'm

il)

4.0

10

.48

.49

.01

3.3

15

.07

.0

20

08

20

09

20

10

20

11

20

12

20

13

1H

14

Ne

t Div

ide

nd

Pe

r Sh

are

(se

n)*

•D

ivid

en

ds in

res

pe

ct o

f FY

20

14

•2

nd

inte

rim ta

x e

xem

pt d

ivid

end o

f 3.5

sen/s

hare

(to b

e p

aid

on 1

1 S

ep 2

014)

•1

stin

terim

tax e

xem

pt d

ivid

end o

f 3.5

sen/s

hare

(paid

on 2

6 J

une 2

014)

•D

aib

oc

hih

as

a d

ivid

en

d p

olic

y to

dis

tribu

te

60

% o

f ne

t pro

fits to

sh

are

ho

lde

rs

(up fro

m 5

0%

pre

vio

usly

)

•D

ivid

ends to

be p

aid

quarte

rly

*Adju

ste

d fo

r 1-fo

r-2 B

onus Is

sue, e

ffectiv

e 1

0 S

epte

mber 2

012

Sto

ck c

harts

(5-Y

ear &

1-Y

ear)5

YR

ou

tperfo

rman

ce:

451.2

%

1Y

R o

utp

erfo

rman

ce:

22.7

%

22 J

ul ‘1

3 K

LC

I: 1,7

97.6

8

DP

P:M

K: 3

.49

21 J

ul ’1

4 K

LC

I: 1,8

68.6

4

DP

P:M

K: 4

.42

22 J

ul ‘0

9 K

LC

I: 1,1

48.7

0D

PP

:MK

: 0.7

2*

21 J

ul ’1

4 K

LC

I: 1,8

68.6

4D

PP

:MK

: 4.4

2

Inv

es

tme

nt M

erits

Pro

xy to

regio

n’s

gro

win

g a

ppetite

…

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

12

Po

ised

for g

row

th v

ia e

xp

an

din

g M

NC

clie

nte

le a

nd

ord

er

siz

e... p

rod

uct in

no

vatio

n to

en

han

ce p

rod

uct m

ix

PR

OS

PE

CT

S A

ND

PL

AN

S

To

co

ntin

uo

usly

incre

ase M

NC

cu

sto

mer b

ase

Po

ise

d to

su

pp

ort re

gio

na

l clie

nts

’ gro

win

g p

rod

uctio

n d

em

an

ds

Po

sitiv

e h

ead

way in

trials

for 2

-layer film

an

d a

do

ptio

n o

f hig

h-s

peed

film;

in a

dd

ition

to p

rog

ress in

no

n-F

&B

secto

rs

To

resu

lt in fa

vo

rab

le p

rod

uct m

ix g

oin

g fo

rwa

rd

New

ly e

xp

an

ded

man

ufa

ctu

ring

cap

acity

to o

ptim

ize u

tilizatio

n ra

teC

PP

film a

nd

me

talliz

ing

utiliz

atio

n ra

te to

red

uce

to 6

0%

from

70

%;

La

rge

r ca

pa

city

to m

ee

t risin

g o

rde

rs

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

13

Valu

atio

ns to

be c

om

pre

ssed

with

earn

ing

s e

xp

an

sio

n…

cu

rren

tly re

flectin

g s

tron

g F

&B

co

mp

on

en

t

VA

LU

AT

ION

S

Sh

are

Pric

e @

21

-Ju

ly 2

01

4R

M4

.42

*

Ma

rke

t Ca

p@

21

-July

20

14

RM

50

3.2

mil

Tra

iling

PE

18

.5 x

Tra

iling

EV

/EB

ITD

A11

.8x

FY

13

Div

ide

nd

Yie

ld3

.2%

* cum

2n

din

terim

sin

gle

-tier d

ivid

end o

f 3.5

sen

to b

e p

aid

on 1

1 S

ep 2

014

IR C

on

tacts

Mr. L

ow

Jin

Wei

E: jin

wei@

daib

ochip

lastic

.com

T: 0

6-2

31 9

779

Ms. J

ulia

Pong

E: ju

lia@

aquila

s.c

om

.my

T: 0

12-3

9092587

TH

AN

K Y

OU

Bu

rsa: D

AIB

OC

I/8215

Blo

om

berg

: DP

P:M

KR

eu

ters

: DP

PM

.KL

Co

rpo

rate

Pro

file

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

16

Mark

et c

ap

bre

ach

ing

the R

M500 m

illion

mark

…

CO

RP

OR

AT

E IN

FO

RM

AT

ION

DA

IBO

CH

I PL

AS

TIC

& P

AC

KA

GIN

G IN

DU

ST

RY

BE

RH

AD

Exchange

Main

Mark

et, B

urs

a M

ala

ysia

sin

ce 1

990

(transfe

rred fro

m S

econd B

oard

in 2

003)

Secto

rIn

dustria

l Pro

ducts

Codes

Burs

a: 8

125 / D

AIB

OC

IB

loom

berg

:D

PP

:MK

Reute

rs: D

PP

M.K

L

Share

Capita

lR

M11

3.9

mil (11

3.8

5 m

il share

s o

f RM

1 e

ach)

Mark

et C

apita

lizatio

nR

M503.2

mil (R

M4.4

2 a

sat 2

1 J

uly

2014)

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

17

Co

mm

en

da

ble

track re

co

rd in

serv

ing

a w

ide n

um

ber o

f MN

C

clie

nte

le in

the F

&B

ind

ustry

with

strin

gen

t qu

ality

co

ntro

l…

RE

GIO

NA

L P

RE

SE

NC

E

•T

he

LA

RG

ES

TS

UP

PL

IER

of

Milo

pa

ck

ag

ing

inS

.E.A

•T

he

SO

LE

SU

PP

LIE

Rto

Nestle

’sC

hem

bo

ng

co

nfe

ctio

ne

ryfa

cto

ryin

Ma

lays

ia

»D

aib

och

iis

als

oth

eO

NLY

S.E

.Acom

pan

yon

Ne

stle

’sR

eg

iona

lF

oo

dS

afe

tyC

om

mitte

e

•S

up

plie

ro

f>

90

%o

fC

ad

bu

ry’s

flex

ible

pa

ck

ag

ing

inM

ala

ys

ia

•T

he

SO

LE

SU

PP

LIE

Ro

fM

on

dele

zIn

tern

atio

na

l’s(fo

rme

rlyk

no

wn

as

Kra

ft)b

isc

uits

pa

ck

ag

ing

inM

ala

ys

ia

•M

AJ

OR

SU

PP

LIE

Ro

ffle

xib

lep

ack

ag

ing

toP

ep

siC

o’s

Ch

ian

gM

aip

lan

tfo

rp

ota

toc

hip

sm

an

ufa

ctu

ring

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

18

Inte

rnatio

nally

-certifie

d p

rod

uctio

n fa

cilitie

s th

at c

om

ply

with

all fa

cto

ry a

ud

its b

y M

NC

clie

nte

le…

stre

ng

th in

inn

ovatio

n

PR

OD

UC

TIO

N F

AC

ILIT

IES

•A

cc

red

ited

an

d w

orld

-cla

ss p

rod

uc

tion

fac

ilities

»A

ttain

ed

ISO

:90

01

an

d IS

O:1

40

01 c

ertific

atio

ns

»H

aza

rd A

na

lysis

Critic

al C

on

trol P

oin

ts (H

AC

CP

) co

mp

liant to

en

su

re a

dh

ere

nce to

foo

d s

afe

ty

req

uire

ments

»O

bta

ine

d F

oo

d S

afe

ty S

yste

m C

ertific

atio

n (F

SS

C:2

20

00

) in

Ma

y 2

01

4

•W

ell-e

qu

ipp

ed

lab

ora

tory

tes

ting

fac

ilities

»To

en

su

re o

ur p

roducts

co

nsis

tently

exce

ed c

usto

mers

’ p

acka

gin

g b

arrie

r, rete

ntio

n a

nd

mig

ratio

nre

quire

ments

»R

ece

nt b

rea

kth

rou

gh in

pro

ducin

g 2

-layer film

to

po

tentia

lly re

pla

ce c

on

ven

tion

al 4

-laye

r film

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

19

Inte

gra

ted

en

d-to

-en

d p

ackag

ing

pro

cess…

eq

uip

ped

with

sp

ecia

lized

in-h

ou

se c

ap

ab

ilities

PR

OD

UC

TIO

N F

AC

ILIT

IES

(CO

NT

’D)

Pre

pre

ss

Cylin

der

Makin

gG

ravu

re

Prin

ting

Lam

inatio

n

(Extru

sio

n /

Dry

)

Slittin

g /

Bag

gin

g

CP

P F

ilmM

eta

llize

r

Up to

9-c

olo

ur 2

-sid

ed p

rintin

gIn

-house c

apabilitie

sS

olv

ent-b

ased/fre

eC

apabilitie

s in

clS

tandin

g P

ouch

Th

eo

nly

pla

ye

rw

ithin

-ho

use

cylin

de

r-mak

ing

,an

do

ne

of

the

few

with

me

talliz

ing

an

ds

ea

ling

ca

pa

bilitie

sfo

rq

ua

litya

ss

ura

nce

an

dc

on

sta

nt

imp

rov

em

en

ta

tk

ey

sta

ges

To b

uild

hig

h b

arrie

rsP

olyp

rop

ylene s

ealin

g film

s

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

20

Lead

ing

flexib

le p

ackag

ing

so

lutio

ns p

rovid

er, w

ith e

nvia

ble

re

pu

tatio

n e

xceed

ing

40 y

ears

…

CO

RP

OR

AT

E T

IME

LIN

E

1994

–A

cqu

ired

faste

st extru

sion

lam

ina

tor in

SE

A

1996

-M

ove

d to

curre

nt p

rem

ises w

ith >

32

5,0

00

sq ft b

uilt-u

p a

rea

2001

–In

corp

ora

ted

Au

stralia

n su

bsid

iary

; Accre

dite

d w

ith IS

O:9

00

1

2009

-A

cqu

ired

9th

prin

ting

ma

chin

e; O

bta

ine

d H

ALA

L Ce

rtificatio

n;

1999

–S

upplie

r to N

estle

M’s

ia

2002

–A

cquire

d m

eta

llizer

with

Pla

sm

a T

ech to

pro

duce h

igh-b

arrie

r films;

Reg

ion

al S

up

plie

r to N

estle

in S

EA

2008

–A

cquire

d w

ide w

eb p

olyp

rop

ylene film

makin

g m

achin

e

2007

-R

eceiv

ed G

old

Aw

ard

for th

e C

olo

rpak

Packagin

g E

xport

Aw

ard

at A

ustra

lian P

ackagin

g A

ward

s2004

–A

cquire

d M

’sia

’s 1

st5

-laye

r-blo

wn film

machin

e to

pro

duce

transpare

nt b

arrie

r films

2003

–T

ransfe

r to M

ain

Board

(now

Main

Mark

et); A

ccre

dite

d w

ith H

AC

CP

1990

–A

cquire

d m

eta

llizer

to p

roduce in

-house m

eta

lized film

s; L

iste

d o

n 2

nd

Board

of K

LS

E (B

urs

a M

’sia

)

1987

–A

cquire

d p

olyp

rop

ylen

e film

-makin

g m

achin

e to

pro

duce in

-house film

s

1984

–S

tarte

d in

-house p

rintin

g c

ylinder m

akin

g

1972

–E

sta

blis

hed in

Mela

ka w

ith 1

0,0

00 s

qft

pla

nt; M

oved to

larg

er p

rem

ises w

ith 1

65,5

27 s

qft

Reg

ion

al s

up

plie

r for B

AT

2010

–O

bta

ined L

ette

r of V

alid

atio

n fro

m U

SA

for e

lectro

nic

packagin

g

2011 –

Acquire

d h

igh-s

peed p

rintin

g m

achin

e; A

cquire

d m

eta

llizer

to p

roduce u

ltra h

igh b

arrie

r films;

Accre

dite

d w

ith IS

O:1

4001

2012 –

Set u

p C

leanro

om

for b

aggin

g p

rocess

2013 –

Supplie

r to P

epsiC

o T

haila

nd (C

hia

ng M

ai p

lant);

Win

ner o

f the T

op O

vera

ll Corp

ora

te-G

overn

ance A

ward

2013 in

Mid

-Cap C

ate

gory b

y Min

ority S

hare

hold

ers

Watc

hdog G

roup

2014 –

Supplie

r to le

adin

g h

om

egro

wn in

sta

nt b

evera

ge p

roducer; O

bta

ined F

ood S

afe

ty Sys

tem

Certific

atio

n (F

SS

C:2

2000);

Com

menced o

pera

tions o

f 2n

dm

anufa

ctu

ring p

lant (D

aib

ochi P

lastic

Pla

nt 2

) in J

asin

, Mela

ka

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

21

Wid

e ra

ng

e o

f packag

ing

so

lutio

ns fo

r vario

us p

rod

uct

fun

ctio

ns…

Co

nsta

ntly

inn

ovatin

g fo

r ch

an

gin

g re

qu

irem

en

ts

PR

OD

UC

T A

PP

LIC

AT

ION

S

Film

Typ

eA

pp

licatio

ns / U

se

Hig

h P

erm

eab

ility B

arrie

r / Perfo

rman

ce

Coffe

e, N

uts

, Pota

to C

hip

s

Co

st E

ffectiv

e B

arrie

rS

nacks, B

iscuits

, Wafe

r, Chocola

te,

Cakes

Gen

era

l Packag

ing

Oute

r Pack, N

oodle

s, B

iscuits

, Wafe

rs

Sp

ecia

lty A

pp

licatio

nLabellin

g, Ic

e-c

ream

, Fro

zen F

ood,

Cere

al P

eel S

eal, S

easonin

g O

il, P

ow

der / L

iquid

Dete

rgent,

Show

er F

oam

, Tobacco, P

et fo

od

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

22

Exp

erie

nced

man

ag

em

en

t with

ind

ustry

exp

ertis

e…

KE

Y M

AN

AG

EM

EN

T

Th

om

as

Lim

So

oK

oo

n, M

an

ag

ing

Dire

cto

r

-H

old

s a

degre

e in

Bachelo

r of S

cie

nce In

dustria

l Engin

eerin

g a

nd M

anagem

ent fro

m O

kla

hom

a S

tate

Univ

ers

ity, &

Maste

r of B

usin

ess A

dm

inis

tratio

n d

egre

e fro

m O

kla

hom

a S

tate

Univ

ers

ity.-

Join

ed D

aib

ochi in

1995, a

nd w

as a

ppoin

ted a

s M

anagin

g D

irecto

r in F

ebru

ary

2005.

-P

layed a

key ro

le in

build

ing G

roup’s

MN

C c

liente

le.

Da

tuk

Wo

ng

So

on

Lim

, Ex

ec

utiv

e D

irec

tor

-A

n a

ccounta

nt b

y tra

inin

g a

nd a

mem

ber o

f the M

ala

ysia

n A

ssocia

tion o

f the In

stitu

te o

f Charte

red S

ecre

tarie

s a

nd

Adm

inis

trato

rs.

-H

as a

n e

xte

nsiv

e e

xperie

nce a

nd k

now

ledge in

the fie

ld o

f accountin

g, fin

ance, c

onsulta

ncy, c

orp

ora

te fin

ance,

manufa

ctu

ring a

nd p

roperty

develo

pm

ent. In

stru

menta

l in lis

ting o

f the C

om

pany.

Lo

w C

ha

n T

ian

, Ex

ec

utiv

e D

irec

tor

-H

old

s a

degre

e in

Bachelo

r of E

ngin

eerin

g fro

m th

e U

niv

ers

ity o

f Weste

rn A

ustra

lia.

-H

as w

ide e

xperie

nce in

manufa

ctu

ring, p

roperty

develo

pm

ent, b

usin

ess a

nd fin

ance.

Lo

w J

in W

ei, E

xe

cu

tive D

irec

tor

-H

old

s a

degre

e in

Bachelo

r of C

om

merc

e (M

ajo

r in F

inance &

Mark

etin

g) fro

m U

niv

ers

ity o

f Sydney, N

SW

, Austra

lia.

-P

rior to

this

, Mr.

Low

was th

e M

anagin

g D

irecto

r / Pro

ject D

irecto

r of G

lassK

ote

(Mala

ysia

) Sdn B

hd fro

m 2

005 to

S

epte

mber 2

010.

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

23

Institu

tion

al in

vesto

rs h

old

ing

ap

pro

xim

ate

ly 2

5%

...

MA

JO

R S

HA

RE

HO

LD

ER

S

No

. of s

hare

s (‘m

il)(3

0.0

6.2

014)

Perc

en

tag

e *

Low

Chan T

ian, E

D10.1

08.9

%

Lim

Koy

Peng

8.6

27.6

%

Apollo

Asia

Fund L

td8.4

97.5

%

Datu

kW

ong S

oon L

im, E

D6.9

26.1

%

* Exclu

din

g 1

13,6

00 s

hare

s b

ought b

ack b

y th

e C

om

pa

ny a

nd re

tain

ed a

s tre

asury

sh

are

s a

s a

t 30

-Jun 2

014

Op

era

tions

Hig

hlig

hts

Fin

an

cia

l Re

vie

wIn

ve

stm

ent M

erits

Co

rpora

teP

rofile

24

Gro

wth

in fle

xib

le p

ackag

ing

to b

e le

d b

y th

e A

sia

n re

gio

n…

p

en

etra

tion

into

new

pro

du

ct c

ate

go

ries to

brin

g n

ext w

ave

IND

US

TR

Y IN

SIG

HT

•A

sia

’s fle

xib

le p

ac

ka

gin

g m

ark

et w

orth

$2

4.5

bil

in 2

011

–

Estim

ate

d to

gro

w 7

.5%

p.a

. to re

ach

$3

5.2

bil

in 2

01

6

•G

row

th c

ata

lys

ts fo

r As

ia’s

flex

ible

pa

ck

ag

ing

ma

rke

t:–

Hig

he

r de

ma

nd

for c

he

aper a

nd

sm

alle

r pa

ck s

ize

s in

line

with

affo

rdability

of g

en

era

l p

op

ula

tion (e

sp

ecia

lly p

ost e

co

no

mic

slo

wd

ow

n)

–In

cre

ase in

wo

rkin

g m

oth

ers

/ du

al-in

com

e h

ou

se

hold

s le

ad

ing to

pre

fere

nce fo

r co

nve

nie

nce

pa

cka

gin

g

–D

eve

lop

ment o

f mu

ltina

tional fo

od

reta

ilers

an

d m

an

ufa

ctu

rers

in th

e re

gio

n; in

dic

atin

g th

e

lon

g-te

rm g

row

th p

ote

ntia

l in A

sia

Sourc

e: T

he A

sia

Pacific

Fle

xib

le P

ackagin

g M

ark

et to

2016 b

y P

CI C

onsultin

g F

ilms L

td