Ofi Ar2012

C0N1LN13
Notioe of A0M
Chairman's 3tatement
Corporate 3truoture
0roup linanoial ighlights
Corporate lnformation
Protle of Board of Uireotors
3tatement of Corporate 0overnanoe
3tatement of lnternal Control
Audit Committee Report
Audited linanoial 3tatements
Analysis of 3hareholdings
List of Properties
0ther lnformation
Proxy lorm
2
7
10
11
13
14
17
22
24
28
85
88
90
2 2
BRlLN14L FBBB lNBLS1RlLS BBLBlNB BLRB4B 389769-H
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N01lCL l3 LRLB 0lvLN 1A1 the 3ixteenth Annual 0eneral Meeting of 0riental lood lndustries oldings
Berhad will be oonvened and held at 1iara Banquet all, 1iara Melaka 0olf and Country Club, 1alan 0apam,
Bukit Katil, 75760 Melaka on 1uesday, 28 August 2012 at 2.00 p.m. to transaot the following businesses:-
A0LNUA
0RUlNAR Bu3lNL33
1. 1o reoeive and adopt the statutory tnanoial statements for the year ended 31 Maroh 2012 together
with the Uireotors' and Auditors' Reports thereon.

2. 1o deolare the following tnal dividend for the year ended 31 Maroh 2012:-
(a) 1ax exempt dividend of RM0.02 per share amounting to RM1,200,000 on 60,000,000 ordinary
shares of RM1.00 eaoh.

3. 1o approve the payment of direotors' fees of RM280,000 for the year ended 31 Maroh 2012.

4. 1o re-eleot . Bhg. 1an 3ri Uato' Azizan Bin usain who retires in aooordanoe with Artiole 75 of the
Company's Artioles of Assooiation.
5. 1o re-eleot Uatuk 3on Chen Chuan who retires in aooordanoe with Artiole 75 of the Company's
Artioles of Assooiation.
6. 1o re-eleot Mr. oo Beng Lee who retires in aooordanoe with Artiole 75 of the Company's Artioles
of Assooiation.
7. 1o re- appoint Messrs Lrnst & oung as auditors of the Company and to authorise the Uireotors to
determine their remuneration.
3PLClAL Bu3lNL33

1o oonsider and, if thought tt, to pass the following 0rdinary Resolutions :-

8. Authorty to A||ot 5hares pursuant to 5ecton 1320 of the Uompanes Act, 1965
1A1 subjeot always to the Companies Aot, 1965 (the Aot") and the approval of the relevant
authorities, the Uireotors be and are hereby empowered pursuant to 3eotion 132U of the Aot,
to issue and allot shares in the Company from time to time at suoh prioe, upon suoh terms and
oonditions, for suoh purposes and to suoh person or persons whomsoever as the Uireotors may in
their absolute disoretion deem tt provided that the aggregate number of shares issued pursuant
to this resolution does not exoeed 10 of the issued share oapital of the Company for the time
being and that the Uireotors be and are also empowered to obtain approval from Bursa Malaysia
3eourities Berhad (Bursa Malaysia") for the listing of and quotation for the additional shares so
issued and that suoh authority shall oontinue to be in foroe until the oonolusion of the next Annual
0eneral Meeting of the Company."
9. Proposed Penewa| 0f 5hareho|ders' Mandate Ior Pecurrent Pe|ated Party 1ransactons 0f A
Pevenue 0r 1radng Nature
1A1 approval be given, pursuant to Paragraph 10.09 of the Listing Requirements of the Bursa
Malaysia 3eourities Berhad (Bursa Malaysia"), for the Company and its subsidiaries ('the 0roup')
to enter into reourrent related party transaotions of a revenue or trading nature with the related
parties as desoribed in the Ciroular to 3hareholders dated 3 August 2012 ('Ciroular') for the 0roup's
day-to-day operations, provided that suoh transaotions are oarried out in the normal oourse of
business, at arm's length, on normal oommeroial terms and on terms not more favourable to the
related parties than those generally available to the publio and are not to the detriment of the
minority shareholders of the Company, and that suoh approval shall oontinue to be in foroe until
(leso|ur|on 1)
(leso|ur|on 2)
(leso|ur|on 3)
(leso|ur|on 4)
(leso|ur|on 5)
(leso|ur|on 6)
(leso|ur|on 7)
(leso|ur|on 3)
(leso|ur|on 9)
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(leso|ur|on 10)
the oonolusion of the next Annual 0eneral Meeting or the expiration of the period within whioh the
next Annual 0eneral Meeting is required by law to be held or revoked/varied by resolution passed
by the shareholders in general meeting whiohever is earlier, and that the Uireotors of the Company
be authorised to oomplete and do all suoh aots and things (inoluding exeouting all suoh doouments
as may be required by the relevant authorities) to give effeot to the shareholders' mandate."

1o oonsider and, if thought tt, to pass the following 3peoial Resolution :-

10. PP0P05L0 AMLN0MLN15 10 1PL AP1IULL5 0I A550UIA1I0N 0I 1PL U0MPANY
1A1 the alterations, moditoations, additions or deletions to the Artioles of Assooiation of the
Company detailed in Appendix A to the Annual Report 2012 be and are hereby approved."
11. 1o transaot any other business of the Company whioh due notioes shall be given in aooordanoe
with the Company's Artioles of Assooiation and the Companies Aot, 1965.
N01lCL 0l UlvlULNU LN1l1LLMLN1
N01lCL l3 AL30 LRLB 0lvLN 1A1 the following tnal dividend for the year ended 31 Maroh 2012, if approved by
shareholders, will be paid on 8 0otober 2012 to all shareholders whose names appear in the Reoord of Uepositors of the
Company at the olose of business at 5.00p.m. on 14 3eptember 2012 :-
(a) 1ax exempt dividend of RM0.02 per share amounting to RM1,200,000 on 60,000,000 ordinary shares of RM1.00 eaoh.
A Uepositor shall qualify for entitlement only in respeot of:-
a) 3hares transferred into the Uepositors' 3eourities Aooount on or before 4.00p.m. on 14 3eptember 2012 in respeot
of transfers, and
b) 3hares bought on the Bursa Malaysia on a oum entitlement basis aooording to the Rules of the Bursa Malaysia.
B 0RULR 0l 1L B0ARU
KAPINA UP0NU MLI YINU (L3 0009542)
W0NU 5ILW YLLN (MAlC3A 7018749)
UPL0NU UP00N YIN (MAlC3A 7019120)
1oint 3eoretaries
Kuala Lumpur
Uate: 3 August 2012
NU1FS .
1. A member entitled to attend and vote at the above meeting is entitled to appoint a proxy to attend and vote in his
stead. A proxy may but need not be a member of the Company. 3eotion 149(1)(b) of the Companies Aot, 1965 shall
not apply.
2. A member may appoint more than two (2) proxies to attend at the same meeting. where a member appoints two (2)
or more proxies, the proxies shall not be valid unless the member speoites the proportion of his shareholdings to be
represented by eaoh proxy.
3. 1he instrument appointing a proxy in the oase of an individual shall be signed by the appointor or his attorney and in
the oase of a oorporation, the instrument appointing a proxy or proxies must be under seal or under the hand of an
oftoer or attorney duly authorised.
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4. 1he instrument appointing proxy shall be deemed to oonfer authority to demand or join in demanding a poll.
5. 1he instrument appointing a proxy must be deposited at the Registered 0ftoe at Level 8, 3ymphony ouse, Blook
U13, Pusat Uagangan Uana 1, 1alan P1u 1A/46, 47301 Petaling 1aya, 3elangor Uarul Lhsan at least forty-eight (48)
hours before the time appointed for holding the meeting or any adjournment thereof.
F\ll4N41UlY NU1FS UN SlF0l4l BuSlNFSS.
1. Uro|nar, leso|ur|on 3 - 4urhor|r, ro 4||or Shares pursuanr ro Seor|on 132l of rhe 0ompan|es 4or, 1965
1he leso|ur|on 3, |f approveo, w||| empower rhe l|reorors of rhe 0ompan,, from rhe oare of rhe above 4nnua| Cenera|
Meer|ng, aurhor|r, ro |ssue ano a||or shares |n rhe 0ompan, up ro an amounr nor exoeeo|ng |n rora| 10 of rhe |ssueo
oap|ra| of rhe 0ompan, for suoh purposes as rhe l|reorors oons|oer wou|o be |n rhe |nreresr of rhe 0ompan,. 1h|s
aurhor|r, un|ess revokeo or var|eo ar a Cenera| Meer|ng w||| exp|re ar rhe nexr 4nnua| Cenera| Meer|ng.
4s ar rhe oare of rh|s Nor|oe, no new shares |n rhe 0ompan, were |ssueo pursuanr ro rhe aurhor|r, granreo ro rhe
l|reorors ar rhe |asr 4CM of rhe 0ompan, he|o on 25 4ugusr 2011 ano aoooro|ng|, no prooeeos were ra|seo.
2. Uro|nar, leso|ur|on 9 - lroposeo lenewa| of Shareho|oers Manoare for leourrenr le|areo larr, 1ransaor|ons of a
revenue or rrao|ng narure
1he Resolution 9, if approved, will enable the Company and its subsidiaries to oontinue entering into the reourrent
related party transaotions of a revenue or trading nature with 3yarikat Perniagaan Chong Mah 3dn Bhd, whioh are
neoessary for its day-to-day operations and are in the ordinary oourse of business and on terms not more favourable to
the related party than those generally available to the publio and are not to be detriment of the minority shareholders
of the Company. 1his authority unless revoked or varied at a 0eneral Meeting will expire at the next Annual 0eneral
Meeting.
lurrher |nformar|on on rhe proposeo Uro|nar, leso|ur|on No. 9 |s ser our |n rhe 0|rou|ar ro Shareho|oers oareo 3
4ugusr 2012.
3. Speo|a| leso|ur|on 10 - lroposeo 4menomenrs ro rhe 4rr|o|es of 4ssoo|ar|on of rhe 0ompan,
1he leso|ur|on 10, |f passeo, w||| br|ng rhe 0ompan,s 4rr|o|es of 4ssoo|ar|on |n ||ne w|rh rhe amenomenrs presor|beo
unoer rhe Ma|n Marker l|sr|ng lequ|remenrs of Bursa Ma|a,s|a Seour|r|es Berhao.
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Appendix A
UL1AlL3 0l 1L PR0P03LU AMLNUMLN13 10 1L AR1lCLL3 0l A330ClA1l0N 0l 1L C0MPAN
No.
Artiole 2 -
lnterpretation
Lxisting Artioles
Auditors
1he auditors of the Company for the time being.
Ueposited 3eourity
3hall have the meaning given in 3eotion 2 of the
3eourities lndustry (Central Uepositories) Aot,
1991.
Uireotor
lnoludes any person aoting as a direotor of the
Company and inoludes any person duly appointed
and aoting for time being as an Alternate Uireotor.
Market day
Any day between Mondays and lridays whioh is
not a market holiday of the Lxohange or a publio
holiday.
Member
Any person/persons for the time being holding
shares in the Company and whose names
appear in the Register of Members (exoept Bursa
Malaysia Uepository Nominees 3dn Bhd) inoluding
depositors whose names appear on the Reoord of
Uepositors.
Ringgit and RM"
1he lawful ourrenoy of Malaysia.
Rules of the Uepository
3hall have the meaning given in 3eotion 2 of the
3eourities lndustry (Central Uepositories) Aot, 1991.
3eourities Aooount
An aooount established by the Uepository for a
Uepositor for reoording of deposit of seourities
and for suoh dealing in suoh seourities by the
Uepositor.
3eourity or 3eourities
3hares of the Company and wherever applioable
inoludes any debt seourities as detned under the
Central Uepositories Aot issued by the Company.
Proposed Amendments to Artioles
Auditors
Means an auditor who is registered under seotion
310 of the 3eourities Commission Aot 1993.
Ueposited 3eourity
Means a seourity standing to the oredit of a seourities
aooount and inoludes a seourity in a seourities
aooount that is in suspense.
Uireotor
as the meaning given in seotion 2(1) of the Capital
Markets and 3ervioes Aot 2007 and inoludes in the
oase of an issuer of struotured warrants or a listed
issuer whioh is a oolleotive investment soheme, a
direotor of the issuer of the struotured warrants or a
direotor of a management oompany of the oolleotive
investment soheme respeotively.
Market day
Means a day on whioh the stook market of the
Lxohange is open for trading in seourities.
Member
lnoludes a depositor who will be treated as if he were
a member pursuant to seotion 35 of the 3eourities
lndustry (Central Uepositories) Aot 1991 but exoludes
the Uepository in its oapaoity as a bare trustee.
RM and sen
Means Ringgit Malaysia and sen respeotively.
Rules of the Uepository
Means the Rules of Bursa Malaysia Uepository 3dn
Bhd, inoluding any amendment that may be made
from time to time.
3eourities Aooount
An aooount established by the Uepository for a
Uepositor for reoording of deposit of seourities and
for dealing in suoh seourities by the Uepositor.
3eourity or 3eourities
as the meaning given in seotion 2 (1) of the Capital
Markets and 3ervioes Aot 2007.
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No.
Artiole 69
- votes of
Members
Artiole 73
- votes of
Members
Lxisting Artioles
1he instrument appointing a proxy shall be in writing
(in the oommon or usual form) under the hand of the
appointor or of his attorney duly authorised in writing
or, if the appointor is a oorporation, either under
seal or under the hand of an oftoer or attorney duly
authorised. A proxy may but need not be a member
of the Company. 1he instrument appointing a proxy
shall be deemed to oonfer authority to demand
or join in demanding a poll. 3eotion 149 (1) (b) of
the Companies Aot, 1965 shall not apply to the
Company.
A holder may appoint more than two proxies to attend
at the same meeting. where a holder appoints two
or more proxies, he shall speoify the proportion of
his shareholdings to be represented by eaoh proxy.
Proposed Amendments to Artioles
1he instrument appointing a proxy shall be in writing
(in the oommon or usual form) under the hand of the
appointor or of his attorney duly authorised in writing
or, if the appointor is a oorporation, either under seal or
under the hand of an oftoer or attorney duly authorised.
A proxy may but need not be a member of the Company.
1he instrument appointing a proxy shall be deemed to
oonfer authority to demand or join in demanding a poll.
3eotion 149 (1) (b) of the Companies Aot, 1965 shall
not apply to the Company. A proxy apponted to attend
and vote at a meetng of the company sha|| have the
same rghts as the member to speak at the meetng.
1here sha|| be no restrcton as to the qua|caton of
the proxy.
a) A holder may appoint more than two proxies to
attend at the same meeting. where a holder
appoints two or more proxies, he shall speoify the
proportion of his shareholdings to be represented
by eaoh proxy.
b) Where a member of the Uompany s an exempt
authorzed nomnee whch ho|ds ordnary shares
n the Uompany for mu|tp|e beneca| owners
n one securtes account ("omnbus account"),
there s no |mt to the number of proxes whch
the exempt authorzed nomnee may appont n
respect of each omnbus account t ho|ds.
An exempt authorzed nomnee refers to an
authorzed nomnee dened under the 5ecurtes
Industry (Uentra| 0epostores) Act 1991 ("5IU0A")
whch s exempted from comp|ance wth the
provsons of subsecton 25A(1) of 5IU0A.
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&+$,50$1667$7(0(17
llNANClAL ANU 0PLRA1l0N3 RLvlLw
As this Annual Report indioates, l2012 was another strong year for 0ll, where the 0roup's revenue reoorded at RM195.3
million, oompared with RM149.3 million in the previous year. 1he growth was largely attributable to the inorease in volume
of business.
1here is a positive inorease in the 0roup's pre-tax prott from RM11.1 million in l2011 to RM16.8 million in this tnanoial
year.
1he 0roup has two business segments, 3naok lood and Confeotioneries and Property Uevelopment. Revenue derived from
Property Uevelopment segment stood at RM12.2 million or 6.2 whereas revenue from manufaoturing and marketing of
3naok lood and Confeotioneries stood at RM183.1 million or 93.8.
3egmented geographioally, the 0roup's revenue mix oomprised of 55 looal sales and 45 export sales, whioh was not
signitoantly different from that of previous years. ln term of growth rate, looal sales grew beyond expeotation at 30 year-
on-year to RM108 million in l2012, while export sales expanded at 32 year-on-year to RM87 million.
Looking at our produot performanoe, the year under review experienoed strong growth of 34.8 in our oakes oategory,
outperforming the sales of snaoks and wafers. 1he growth was partioularly spurred by the inoreasing demand in the export
market. 1he sales from wafers oategory had also registered a very promising trend due to the introduotion of the relatively
new produot Less".
lndeed, l2012 ended with the 0roup aohieving a satisfaotory net prott attributable to owners of the parent of RM13.1
million whioh translates to basio earnings per share (LP3") of 21.81sen.
1he 0roup's balanoe sheet remains healthy with great texibility in allowing the Company to undertake expansion initiatives.
As at the year ended 31 Maroh 2012, total borrowings stood at RM10.5 million, an undemanding level oompared to the
shareholders' fund of RM124.8 million and oash equivalents of RM15.5 million.
we are indeed very pleased with our tnanoial performanoe in the year under review, and are optimistio on maintaining this
uptrend, given the reoovering oonsumer sentiment as well as the 0roup's growth plans put in plaoe.
1o 0ur va|ued 5hareho|ders,
1he hnano|a| ,ear enoeo 31 Maroh 2012
(lY2012) was anorher suooessfu| ,ear for
Ur|enra| looo lnousrr|es lo|o|ngs Berhao
(Ulll, rhe Croup), where hnano|a|
performanoe |mproveo ano proouor range
expanoeo.
l am oe||ghreo ro announoe rhar we are
mak|ng sreao, progress rowaros our objeor|ve
of oe||ver|ng susra|nab|e va|ue for our
shareho|oers.
Un beha|f of rhe Boaro of l|reorors, l am
p|easeo ro presenr rhe 2012 4nnua| leporr
oera|||ng a oomprehens|ve reporr ro ,ou rhe
shareho|oers, on rhe aor|v|r|es, resu|rs ano
srrareg|es of our 0ompan,.
8 8
4nnual Reurt 2012
UlvlULNU3
1he Board reoognises the importanoe of the dividend to shareholders and in line with the oommendable tnanoial
performanoe of the 0roup, the Board is pleased to reoommend a single tier tax exempt tnal dividend of 2 sen to the
shareholders for approval at the upooming Annual 0eneral Meeting. with this tnal dividend, the total dividend payout for
the year would amount to RM4.8 million of l2012's net protts.
1he dividend polioy of paying a minimum of 35 of net prott to the shareholders from l2012 onwards remains unohanged.
with this, shareholders will be able to oonsistently enjoy the returns in oorrespondenoe with our future growth.
Bu3lNL33 0u1L00K & 31RA1L0lL3
Uespite the eoonomio diftoulties in major markets aoross the world, snaok foods, an effervesoent segment of the food
industry, has managed to maintain tight hold on the taste buds of oonsumers aoross the globe. 1he global eoonomio
meltdown in reoent years had a relatively milder effeot on the snaok foods market.
Aooording to New Report by 0lobal lndustry Analysts, lno., global snaok foods market is foreoast to reaoh u3$380 billion by
the year 2017, driven primarily by ohanging oonsumer demographios and aftuenoe levels.
As suoh, with the ever growing demands in snaok food and oonfeotionery produots in line with the growing population of the
younger generation and the inoreasingly-popular lifestyle of snaoking with entertainment, the 0roup is fooused on market
researoh and produot development for both existing and new produots to diversity as well as inorease the varieties in term
of tavours and types of our produots range.
lurthermore, the 0roup has and is oontinuously investing on high teohnology and fully automated maohineries and
produotion lines to enhanoe the produotion oapaoity so as to meet with the demand of our produots from our looal and
oversea oustomers.
ln support of our expandable range of produots, we will oontinue using our tried-and-tested marketing initiatives to oreate
greater awareness of our produots through advertisements and partioipation in oommunity entertainment events.
1he LXRAvA0ANLA C0N1L31 with 0RlLN1AL" whioh was the seoond nationwide oontest organised by the 0roup reoeived yet
another positive response evidenoed by the volume of oontest entries and the enthusiasm shown by our valued oustomers.
0n the regional front, we aim to oontinue growing our sales volume by appointing more distributors in major overseas
markets. Presently, our produots are sold to more than 40 oountries in the region, inoluding highly-disoerning oonsumer
markets suoh as 1apan and Australia.
with the l30 9001:2008 and ACCP (azard Analysis and Critioal Control Point) oertitoation, the 0roup endeavors to
oontinue improving its produot quality to keep up with the ever-demanding international health standards and prooeed with
the on-going upgrading of the ourrent faoilities in line with our projeot to obtain the ACCP oertitoation for the produotion
of wafer and oonfeotionery produots.
with these strategies in plaoe, we are optimistio in bringing the 0roup to a higher level of growth towards beooming a major
snaoks manufaoturer in the region.
&+$,50$1667$7(0(17
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&+$,50$1667$7(0(17
C0RP0RA1L 30ClAL RL3P0N3lBlLl1 (C3R")
Apart from oapitalising on protts for the Company and 3hareholders, we are oonsoious of the importanoe in playing our part
to improve the well-being of oommunities we operate in to ensure a sustainable business enterprise.
1herefore, there has been a oontinuous C3R initiative to give baok to the publio within our oapabilities inoluding monetary
and produots donations to various non-prottable organisation, aooommodating industrial trainees from looal institutions in
our organisation and hosting eduoational visits for students, undergraduates and governmental organisations.
C0RP0RA1L 00vLRNANCL
1he Board is oommitted towards upholding the values of oorporate governanoe by embraoing the prinoiples and best
praotioes set out in the Malaysian Code of Corporate 0overnanoe.
Aoross the 0roup, we ensure that business is oonduoted with integrity, disoipline, transparenoy and in a sooially responsible
manner. 0ur oorporate governanoe efforts praotioed during the year is outlined in our Corporate 0overnanoe 3tatement in
this Annual Report.
ACKN0wLLU0LMLN1
0n behalf of the Board of Uireotors of 0ll, l would like to express my deepest appreoiation to our valued oustomers,
business assooiates and suppliers for their dedioation and support rendered to the 0roup.
l would also like to thank my fellow members of the Board and all our employees who have worked immensely hard to
deliver this year's good results.
1o oonolude, as you will read in this Annual Report, 0ll oontinues to make good progress in delivering value to its
shareholders. ln view of the eoonomio uptrend and ooupled with the 0roup's oontinuing and inoreasing investment in R&U
and eftoient manufaoturing infrastruoture, l am oontdent that the year ahead will be favourable to us.
1AN 3Rl UA10' ALlLAN BlN u3AlN
Chairman
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4nnual Reurt 2012
&25325$7(6758&785(
0riental lood lndustries oldings Berhad (0ll") was inoorporated on 8 1une 1996 Malaysia under the Companies Aot,
1965 as a publio limited oompany. 0ll was listed on the 3eoond Board of Bursa Malaysia 3eourities in August 2000 and
was subsequently transferred to the Main Board on 13 0otober 2003. Currently, 0ll is listed on the Main Market of Bursa
Malaysia 3eourities Berhad.
0ll is prinoipally an investment holding oompany while the 0ll 0roup has subsidiaries that are engaged in the following
aotivities:
NAML 0l MA10R 3uB3lUlARlL3 Lul1 lN1LRL31 () PRlNClPAL AC1lvl1lL3
3ubsidiaries of 0ll
0riental lood lndustries 3dn. Bhd. (0ll") 100 Manufaoturing and marketing of snaok
food and oonfeotioneries.
0ll Properties 3dn. Bhd. (0llP") 90 Property Uevelopment
3ubsidiary of 0ll
0riental lood Marketing (M) 3dn. Bhd. (0lM") 100 3ales and marketing of snaok food and
oonfeotioneries.
0ll 0roup Corporate 3truoture
0ll
0ll
0lM
0llP
100 90
100
11 11
4nnual Reurt 2012
*5283),1$1&,$/+,*+/,*+76
lnoome 3tatements 2008 2009 2010 2011 2012
RM'mil

Revenue 124.40 118.44 125.71 149.29 195.27
Cost of sales (95.33) (85.80) (89.48) (110.49) (152.31)
0ross Prott 29.10 32.64 36.23 38.801 42.96
0ther operating inoome 0.52 0.72 1.90 0.61 1.28
3elling and distribution oost (15.21) (13.091) (13.463) (17.023) (18.50)
Administrative expenses (8.39) (9.49) (10.43) (9.91) (8.52)
0ther operating expenses (0.45) (0.20) - (1.15) (0.24)
Prott from operations 5.54 10.58 14.23 11.34 16.98
linanoe oost (0.21) (0.53) (0.40) (0.25) (0.18)
Prott before tax 5.33 10.05 13.83 11.09 16.80
1ax (0.56) (0.29) (1.182) (2.35) (3.44)

Prott after tax 4.77 9.77 12.64 8.74 13.36
Non-oontrolling lnterest (0.0017) (0.0013) 0.2430 0.0403 0.2693
Net Prott 4.77 9.77 12.40 8.70 13.09
Net dividend per share (sen) 3.5 3.5 10 8 8
Larnings per share 7.9 16.3 20.67 14.5 21.81
Uepreoiation & Amortisation 4.53 4.82 5.62 6.20 6.17
Number of 3hares 60.00 60.00 60.00 60.00 60.00
LBl1UA 10.07 15.40 19.85 17.53 23.14
12 12
4nnual Reurt 2012
REVENUE (RMmil)
90.0
110.0
130.0
170.0
150.0
190.0
210.0
PROFIT BEFORE TAXATION (RMmil)
4.0
2.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
NET PROFIT (RMmil)
6.0
4.0
2.0
8.0
10.0
12.0
14.0
0.0
0.0
1
2
4
.
4
1
1
8
.
4
1
2
5
.
7
08 09 10 11 12
08 09 10 11 12 08 09 10 11 12
08 09 10 11 12 08 09 10 11 12
1
4
9
.
3
1
9
5
.
3
5
.
3
1
0
.
1
1
3
.
8
1
1
.
1
1
6
.
8
4
.
8
9
.
8
1
2
.
4
8
.
7
EARNINGS PER SHARE (sen)
15.0
10.0
5.0
20.0
25.0
0.0
7
.
9
1
6
.
3
2
0
.
7
1
4
.
5
2
1
.
8
DIVIDEND PER SHARE (sen)
6.0
4.0
2.0
8.0
10.0
12.0
0.0
3
.
5
3
.
5
1
0
.
0
8
.
0
8
.
0

1
3
.
1
*5283),1$1&,$/+,*+/,*+76
13 13
4nnual Reurt 2012
&25325$7(,1)250$7,21
B0ARU 0l UlRLC10R3

Y. hg. 1an 5r 0ato' Azzan bn Pusan (Uharman) lndependent Non-Lxeoutive Uireotor
0atuk 5on Uhen Uhuan Managing Uireotor
Poo eng Lee Lxeoutive Uireotor
5on 1ong Leong Lxeoutive Uireotor
5on 1ong Lng Lxeoutive Uireotor
Lm Keat 5ear Non-Lxeoutive Uireotor
0atuk Jeffery 0ng Uheng Lock lndependent Non-Lxeoutive Uireotor
Lm Pwa Yu lndependent Non-Lxeoutive Uireotor
10lN1 C0MPAN 3LCRL1ARlL3
Karina Chong Mei ing (L3 0009562)
wong 3iew een (MAlC3A 7018749)
Cheong Choon in (MAlC3A 7019120)
RL0l31LRLU 0lllCL
Level 8 3ymphony ouse
Blook U13 Pusat Uagangan Uana 1
1alan P1u1A/46
47301 Petaling 1aya
3elangor Uarul Lhsan
1el : +603 7841 8000
lax : +603 7841 8199
3ARL RL0l31RAR
3eotrars 3ervioes 3dn Bhd
No. 28-2 1alan 1un 3ambanthan 3
Briokstelds 50470
Kuala Lumpur
Malaysia
1el : +603 2274 6133
lax : +603 2274 1016
AuUl10R3
Lrnst & oung (Al 0039)
C0RP0RA1L LAU 0lllCL
No. 65, 1alan usaha 7
Air Keroh lndustrial Lstate
75450 Melaka
1el : +606 231 0333
lax : +606 232 2066
Lmail : infoot.oom.my
websites : www.oth.oom.my
: www.jaoker.oom.my
PRlNClPAL BANKLR3
3BC Bank Malaysia Berhad
0CBC Bank (Malaysia) Berhad
Publio Bank Berhad
Malayan Banking Berhad
310CK LXCAN0L Ll31lN0
Main Market of Bursa Malaysia 3eourities Berhad
310CK NAML
0ll
310CK C0UL
7107
14 14
4nnual Reurt 2012
352),/(2)7+(%2$5'2)',5(&7256
Y. hg. 1an 5r 0ato'Azzan n Pusan
63 ,ears of ageMa|a,s|an
lnoepenoenr Non-Fxeour|ve 0ha|rman
Bhg. 1an 3ri Uato' Azizan bin usain (1an 3ri Azizan") was appointed as Non-Lxeoutive Chairman on 8 1une 2000. e is
also a member of the Audit Committee and Nomination Committee.
1an 3ri Azizan is ourrently the Chairman of another listed oompany, namely liamma oldings Berhad. e is also a Uireotor
of 11 Resouroes Berhad 0roup. At the same time, he serves on other private oompanies.
1an 3ri Azizan holds a B. A. onours Uegree and Uiploma in Publio Administration from the university of Malaya and a
Post 0raduate Uiploma in Loonomios and Master in urban and Regional Planning from the university of Colorado, Boulder,
united 3tates of Amerioa.
1an 3ri Azizan started his oareer with the Ministry of Agrioulture in 1967 and retired in 1999 as the 3eoretary-0eneral in
the Ministry of Uefenoe, Malaysia. Prior to his retirement, he had progressed on and gained vast experienoe from various
departments in the oivil servioes. Uuring his years with the 0overnment 3ervioes, he has served as Assistant 3eoretary with
the Centre for Uevelopment 3tudies and Loonomio Planning unit in Prime Minister's Uepartment, Uireotor of Loonomio
Planning unit, 3abah, 3abah 3tate Uireotor of Uevelopment, Ueputy 3eoretary-0eneral with Ministry of Land and Regional
Uevelopment, Ueputy Uireotor-0eneral (3eotoral) Loonomio Planning unit with Prime Minister's Uepartment, Uireotor of
Publio 3eotor Companies Monitoring Uivision in the Ministry of linanoe and Ueputy 3eoretary-0eneral (0peration) with the
Ministry of linanoe.
1an 3ri Azizan has attended all four (4) Board meetings held in the tnanoial year.
1an 3ri Azizan is not a shareholder of the Company and is not related to any direotors and/ or major shareholders of the
Company. e does not have any oontiot of interest with the Company and has not been oonvioted of any offenoe within the
past ten (10) years.
0atuk 5on Uhen Uhuan
Manag|ng l|reoror
Uatuk 3on Chen Chuan (Uatuk 3on") was appointed Managing Uireotor sinoe 8 1une 2000. e is also a member of the
Nomination Committee.
Uatuk 3on is the founder of the Company and its subsidiaries (the 0roup"). e is the driving foroe of the 0roup. with his
deoade long experienoe in the industry and extensive knowledge gained through the years, he formulates and implements
the 0roup's oorporate strategy. e also develops new produots for both looal and overseas market, ensuring that the quality
of produots and paokaging are high, keeping olose oontaot with the looal and overseas distributors to obtain suggestions
and feedbaok on the 0ll produots. Uatuk 3on had through the years foster olose relationships with the suppliers and
oustomers.
Uatuk 3on has attended all four (4) Board meetings held in the tnanoial year.
e is related to Mr. 3on 1ong Leong (son), Mr. 3on 1ong Lng (son) and Mr. oo Beng Lee (brother). e is a substantial
shareholder in the Company by virtue of his direot and indireot interest in the shareholdings held by himself and members
of his family and via his shareholding in Apendo Capital 3dn Bhd and direotorship in 3ummer Legend 3dn Bhd. 0ther than
the reourrent related party transaotions as disolosed in page 90, he does not have any oontiot of interest with the Company
and has not been oonvioted of any offenoe within the past ten (10) years.
15 15
4nnual Reurt 2012
352),/(2)7+(%2$5'2)',5(&7256
Mr. Poo eng Lee
Fxeour|ve l|reoror
Mr. oo Beng Lee (Mr. oo") was appointed to the Board on 8 1une 2000. Mr. oo is also the Lxeoutive Uireotor of 0riental lood
lndustries 3dn Bhd (0ll"), 0riental lood Marketing (M) 3dn Bhd (0lM") and 0ll Properties 3dn Bhd (0llP").
Mr. oo has been in the food industry for more than twenty (20) years and is responsible for the operations of the produotion
lines. with his vast experienoe and skills in the snaok food manufaoturing business and food prooessing industries, he has
oontributed tremendously to the suooess of the Company.
e has attended all four (4) Board meetings held in the tnanoial year.
e is related to Uatuk 3on Chen Chuan (brother), Mr. 3on 1ong Leong (nephew) and Mr. 3on 1ong Lng (nephew). e is also a
substantial shareholder in the Company by virtue of his direot and indireot interest in the shareholdings held by himself and
members of his family and via his shareholding in Apendo Capital 3dn Bhd and direotorship in 3ummer Legend 3dn Bhd. 0ther
than the reourrent related party transaotions as disolosed in page 90, he does not have any oontiot of interest with the Company
and has not been oonvioted of any offenoe within the past ten (10) years.
Mr. 5on 1ong Leong
Fxeour|ve l|reoror
Mr. 3on 1ong Leong was appointed to the Board on 8 1une 2000. e holds a Baohelor's degree in Business from the Ldith Cowan
university, Australia.
e began his oareer in 1994 as the laotory Manager of 0ll and was promoted to 0eneral Manager of the Company in 1998. e
is now the Lxeoutive Uireotor of 0ll, 0lM and 0llP. e is in oharge of the overall oorporate administration, human resouroes,
marketing and operations of the Company. e has maintained exoellent relationship with staffs of all levels, oustomers, suppliers
and the Company's business partners. e also oversees the running of the faotory maohineries and ensures that produotion
works are oarried out smoothly in oomplianoe with the M3 l30 9001:2008 and ACCP standards.
e is related to Uatuk 3on Chen Chuan (father), Mr. oo Beng Lee (unole) and Mr. 3on 1ong Lng (brother), all of whom are
Uireotors and substantial shareholders of the Company. e is also a substantial shareholder in the Company by virtue of his
direot and indireot interest in the shareholdings held by himself and members of his family and via his shareholding in Apendo
Capital 3dn Bhd and direotorship in 3ummer Legend 3dn Bhd. 0ther than the reourrent related party transaotions as disolosed
in page 90, he does not have any oontiot of interest with the Company and has not been oonvioted of any offenoe within the past
ten (10) years.
Mr. 5on 1ong Lng
Fxeour|ve l|reoror
Mr. 3on 1ong Lng was appointed to the Board on 8 1une 2000. e holds a Uiploma in Meohanioal Lngineering from the lederal
lnstitute of 1eohnology, Kuala Lumpur.
e has more than ten (10) years of experienoe in the food industry and is ourrently the laotory Manager of 0ll. e oversees the
running of the faotory maohineries and ensures that produotion works are oarried out smoothly in oomplianoe with the M3 l30
9001:2008 and ACCP standards.
e is related to Uatuk 3on Chen Chuan (father), Mr. oo Beng Lee (unole) and Mr. 3on 1ong Leong (brother), all of whom are
the Uireotors and substantial shareholders of the Company. e is also a substantial shareholder in the Company by virtue of his
direot and indireot interest in the shareholdings held by himself and members of his family and via his shareholding in Appendo
Capital 3dn Bhd. 0ther than the reourrent related party transaotions as disolosed in page 90, he does not have any oontiot of
interest with the Company and has not been oonvioted of any offenoe within the past ten (10) years.
16 16
4nnual Reurt 2012
352),/(2)7+(%2$5'2)',5(&7256
Mr. Lm Pwa Yu
lnoepenoenr Non-Fxeour|ve l|reoror
Mr. Lim wa u (Mr Lim") was appointed to the Board on 23 lebruary 1999. e is also a member of the Audit Committee
and Remuneration Committee. Mr. Lim qualited as an Aooountant from the united Kingdom in 1979. e is a lellow of the
Chartered Assooiation of Certited Aooountants, united Kingdom, lellow of the lnstitute of 1axation, united Kingdom and a
Member of the Malaysian lnstitute of Aooountants.
e is a partner of a publio aooounting trm, .. Lim & Co. e has extensive experienoe in the teld of oorporate planning
and management.
e has attended three (3) out of four (4) Board meetings held in the tnanoial year.
e is a minority shareholder of the Company and is not related to any direotor and/ or major shareholder of the Company.
e does not have any oontiot of interest with the Company and has not been oonvioted of any offenoe within the past ten
(10) years.
0atuk Jeffery 0ng Uheng Lock
lnoepenoenr Non-Fxeour|ve l|reoror
Uatuk 1effery 0ng Cheng Look (Uatuk 1effery") was appointed to the Board on 14 May 2007. e also serves as a member
of the Audit Committee, Remuneration Committee and Nomination Committee.
Uatuk 1effery is an Assooiate of the lnstitute of Business Administration, Australia and was formerly the 3enior Uireotor
of uman Resouroes of lntneon 1eohnologies, responsible for Reoruitment, Compensation & Benetts, welfare, 1raining,
Lmployee Relations and 0overnment Relations. e ourrently serves as the Counoil Member of the lederation of Malaysian
Manufaoturers (lMM), Chairman of lMM Malaooa Branoh, Member of the Malaysian lnstitute of Management, Member of
the Malaysian lnstitute of Personnel Management and Member of the Malaooa lndustrial 3kills Uevelopment Centre. Uatuk
1effery is also a Board Member of 03 National Counoil, lormer Panel Member of the lndustrial Court and the 30C30
Appellate Court.
Uatuk 1effery has attended all four (4) Board meetings held in the tnanoial year.
Uatuk 1effery does not hold shares in the Company and is not related to any direotor and/or major shareholder of the
Company. e does not have any oontiot of interest with the Company and has not been oonvioted of any offenoe within
the past ten (10) years.
Mr. Lm Keat 5ear
Non-Fxeour|ve l|reoror

Mr. Lim Keat 3ear was appointed to the Board on 8 1une 2000. e also serves as a member of the Remuneration Committee.
e has been in the snaok and oonfeotionery business for more than twenty (20) years. e joined 3yarikat Perniagaan Chong
Mah 3dn Bhd, a distributor of snaok food and oonfeotionery in 1973 and beoame a direotor of the Company in 1978.
e is not related to any of the direotors of the Company. e is a substantial shareholder of the Company by virtue of his
direot and indireot interest via 3yarikat Perniagaan Chong Mah 3dn Bhd, 1hung 3hung (M) 3dn Bhd and Appendo Capital
3dn Bhd. 0ther than the reourrent related party transaotions as disolosed in page 90, he does not have any oontiot of
interest with the Company and has not been oonvioted of any offenoe within the past ten (10) years.
17 17
4nnual Reurt 2012
67$7(0(172)&25325$7(*29(51$1&(
1he Board of Uireotors observes the Malaysian Code on Corporate 0overnanoe (the Code")
and applies its prinoiples and best praotioe in the 0roup towards aohieving the optional
governanoe framework at all times.
1he Board is pleased to set out below the manner in whioh the 0roup has applied the prinoiples, and the extent of oomplianoe
with the Best Praotioes set out in Part 1 and Part 2 of the Code.
A. 0IPLU10P5
1he oard
1he Board ourrently has eight (8) members, four (4) Lxeoutive Uireotors and four (4) Non-Lxeoutive Uireotors, three
(3) of whom are lndependent Non-Lxeoutive Uireotors. 1his oomposition has oomplied with the minimum one-third
requirement for lndependent Uireotors to be on the Board. 1he Board is led by .Bhg. 1an 3ri Uato' Azizan Bin usain,
an lndependent Non-Lxeoutive Uireotor and Chairman, while the exeoutives are led by Uatuk 3on Chen Chuan, the
Managing Uireotor.
0verall, the Board is responsible for the applioation of good oorporate governanoe, formulation of polioies and
overseeing operations. 1he role of Chairman and Managing Uireotor of the Company are separated to ensure a
balanoe of power and authority. 1he lndependent Non-Lxeoutive Chairman is responsible for the orderly oonduot
and effeotiveness of the Board, whist the Managing Uireotor is to delegate the Management and implementation of
polioies and strategies adopted by the Board and the running of operations.
1he Non-Lxeoutive Uireotors are independent from the management and major shareholders. 1ogether, they play an
important role by oontributing their knowledge, advioe and experienoe towards making independent judgement on
issues of strategies, performanoe, resouroes and standard of oonduots.
1he Uireotors' protles are set out in pages 14 to 16 of this Annual Report.
oard Meetngs
Uuring the tnanoial year ended 31 Maroh 2012, four (4) Board Meetings were held. 1he Uireotors' attendanoe for the
Board Meetings is as follows:

No. of oard Percentage of
Name 0esgnaton Meetngs Attended Attendance (%)
. Bhg. 1an 3ri Uato' Azizan Bin usain Chairman/
lndependent Non Lxeoutive Uireotor 4/4 100
Uatuk 3on Chen Chuan Managing Uireotor 4/4 100
oo Beng Lee Lxeoutive Uireotor 4/4 100
3on 1ong Leong Lxeoutive Uireotor 4/4 100
3on 1ong Lng Lxeoutive Uireotor 4/4 100
Lim Keat 3ear Non-Lxeoutive Uireotor 4/4 100
Lim wa u lndependent Non-Lxeoutive Uireotor 3/4 75
Uatuk 1effery 0ng Cheng Look lndependent Non-Lxeoutive Uireotor 4/4 100
oard Uommttees
1he following oommittees have been established to assist the Board to disoharge its duties and responsibilities. 1hese
oommittees operate under the detned terms of referenoe.
i) Audit Committee
ii) Nomination Committee
iii) Remuneration Committee
18 18
4nnual Reurt 2012
67$7(0(172)&25325$7(*29(51$1&(
() Audt Uommttee
1he oomposition and details of the oommittee are set out on pages 24 to 27 of this Annual Report.
() Nomnaton Uommttee
1he oommittee is made up by majority of lndependent Non-Lxeoutive Uireotors.
1he Committee is to assess and reoommend nominees to the Board, to review mix skills and experienoe of the Board
members and the effeotiveness of the Board as a whole.
1he members of the Committee are as follows:-
Chairman : Uatuk 1effery 0ng Cheng Look
(lnoepenoenr Non-Fxeour|ve l|reoror)
Members : . Bhg. 1an 3ri Uato' Azizan Bin usain
Uatuk 3on Chen Chuan
(Manag|ng l|reoror)
() Pemuneraton Uommttee
1he Committee is made up wholly by Non-Lxeoutive Uireotors and majority are lndependent Uireotors.
1he primary funotion of the Committee is to set up the polioy framework and reoommend to the Board on the
remuneration paokage for the Uireotors.
1he members of the Committee are as follows:-
Chairman : Lim wa u
Members : Uatuk 1effery 0ng Cheng Look
Lim Keat 3ear
(Non-Fxeour|ve l|reoror)
1here were two (2) meetings held during the tnanoial year.

5upp|y of Informaton
All Uireotors are provided with information on a timely basis. 1he agenda and Board papers are oiroulated to the members
prior to the meeting and if required, they may request additional information or olaritoation from the Management. 1he
Board has unrestrioted aooess to any information pertaining to the 0roup as well as to the advioe and servioes of the
Company 3eoretary and independent professional advisors whenever appropriate at the Company's expense. Members of
the Board are regularly updated should there be any new statutory and regulatory requirements.
Petrement and Pe-e|ecton
1he retirement and re-eleotion of direotors are in aooordanoe to the Artioles of Assooiation of the Company, whioh provides
that all Uireotors of the Company, inoluding the Managing Uireotors are subjeot to retirement. At every annual general
meeting, at least one third (1/3) in number of the Board and who have been longest in oftoe are subjeot to retirement by
rotation. A newly appointed direotor shall retire at the next ooming annual general meeting. A retiring Uireotor is eligible for
re-appointment.
19 19
4nnual Reurt 2012
67$7(0(172)&25325$7(*29(51$1&(
Uorporate 5oca| Pesponsb|tes (U5P)
1he Company reoognises the importanoe of C3R and has taken a proaotive approaoh wherever possible to provide monetary
and produots oontribution to governmental departments, non-prottable and oharitable organizations. 1he Company also
organises eduoational faotory tours for various eduoational and governmental institutions.
lurtheranoe to the above, in support of the looal institutes of higher learning, the Company aooepts undergraduates to
perform their industrial training in various departments at the faotories owned by the Company.
1he Company has oontributed tnanoial assistanoe to the following organisations:

1) Persatuan 3ukan dan Kebajikan Kakitangan Perkhidmatan Bomba Negeri Melaka
2) Persatuan Penganut Uewa Kuan 1i
3) Uonation to 3R1K(C)ok Bin, Melaka
4) Persatuan Air Keroh eights, Melaka
5) 0ng ah ui ang Keong
6) Uana Pembangunan Pendidikan dan Kebajikan Mubarak Melaka
7) Penganut 1okong Lao 3hi
8) Pay long igh 3ohool, Melaka
9) 3undry 3hop Assooiation & Liquor Merohant
10) Persatuan Pedagang-Pedagang Bergerak Brg Makanan/0unaan Melaka
11) Persatuan Peniaga Barang-Barang Kering & Runoit Uaerah Batu Pahat, 1ohor.
12) 3eng Cheong 3ooiety outh 3eotion
13) 1ong Ann & Kim ah Assooiation
14) Meng 3heng Charitable Assooiation
15) 3am 1iong Keng
16) Majlis Amal Perdana Bersama 1PM
17) Persatuan Kebajikan Kimlan Ayer Keroh, Melaka
18) Uama 3ooiety Uinner & 3how

At oompany level, the Company hosts its annual dinner for all its looal and foreign employees to foster good relationships
and harmonious ties between all level of employees of all raoes and as a token of reoognition from the 1op Management
for the oommitment and dedioation of the employees.
. 0IPLU10P5' PLMUNLPA1I0N
1he aggregate remuneration of Uireotors for the tnanoial year ended 31 Maroh 2012 are as follows:-
Uireotors' fees (RM) 3alaries/ Benetts- 0ther
Company 3ubsidiaries Allowanoes Bonuses in-kind emoluments 1otal
RM RM (RM) (RM) (RM) (RM) (RM)
Lxeoutive 100,000 96,000 1,452,000 372,000 91,650 376,800 2,488,450
Non-Lxeoutive 100,000 0 60,000 0 0 6,000 166,000
1he number of Uireotors of the Company whose total remuneration fall within the following band:-
Pange of Pemuneraton Number of 0rectors
Lxecutve Non-Lxecutve
Less than RM50,000 Nil 3
RM50,000 - RM100,000 Nil 1
RM100,001 - RM150,000 Nil Nil
RM150,001 - RM200,000 Nil Nil
RM200,001 - RM250,000 Nil Nil
RM250,001 - RM300,000 Nil Nil
RM300,001 - RM350,000 Nil Nil
More than RM350,000 4 Nil
20 20
4nnual Reurt 2012
U. 0IPLU10P5' 1PAININU
1he 0roup aoknowledges the importanoe of oontinuous eduoation and training to the Board members.
Uireotors are enoouraged to attend seminars and / or oonferenoes organised by relevant regulatory authorities and
professional bodies to keep abreast with latest developments in the market plaoe and new statutory and regulatory
requirements.
Uetails of trainings attended by the Uireotors are as follow:-
1he Board is also regularly updated by the Company 3eoretaries on the latest and amendments to the Listing
Requirements of Bursa 3eourities.
1he Board will on oontinuing basis evaluate and determine the training needs of eaoh Uireotor, partioularly on relevant
new law and regulations and essential praotioes for effeotive oorporate governanoe and risk management to enable
the Uireotors to effeotively disoharge their duties.
0. PLLA1I0N5PIP WI1P 5PAPLP0L0LP5 & INvL510P5
3hareholders and investors' relationship is of a matter of importanoe today. Lffeotive oommunioation will help
to enhanoe the oontdenoe of the shareholders and investors towards the Company. 1he Board oommunioates
information on operations, aotivities and performanoe of the 0roup to the shareholders, investors and publio via the
following:-
a) 1he Annual Report, whioh oontains the tnanoial and operational review of the 0roup's business, oorporate and
tnanoial information and the information on the Board and Committees.
b) various announoements made to Bursa Malaysia.
o) 1he website of the Company whioh provides the updated information of the Company suoh as produots and
aotivities.
67$7(0(172)&25325$7(*29(51$1&(
Name of Uireotors
. Bhg. 1an 3ri Uato'
Azizan Bin usain
Mr. Lim wa u
Mr. oo Beng Lee
Mr. 3on 1ong Leong
Mr. Lim Keat 3ear
Mr. 3on 1ong Lng
Uatuk 1effery 0ng Cheng Look
Uate
15 May 2012
14 1une 2012
16 1uly 2012
01 0otober 2011
20 0otober 2011
22-23 Maroh 2012
27 Maroh 2012
16 1uly 2012
16 1uly 2012
16 1uly 2012
16 1uly 2012
16 1uly 2012
1raining Programmes
Malaysian Code on Corporate 0overnanoe 2012
Uireotors' Uuties and Responsibilities & Corporate
0overnanoe 1oday and 1he Uireotions Moving lorward
1ax Programme on 2012 1ax update
Members' Uialogue with MlA President
National 3eminar on 1axation 2011
updates of Malaysian linanoial Reporting 3tandards
2011/12 New and Revised lR3s, Amendments, lC
lnterpretations and the New Bursa Listing Requirements
Mastering Reoent 1ax Cases : lnsights to 1ax Litigation
and Controversies
Name of Uireotors Uate 1raining Programmes
21 21
4nnual Reurt 2012
67$7(0(172)&25325$7(*29(51$1&(
1he Annual 0eneral Meeting represents the prinoipal forum for dialogue and interaotion with all shareholders. At
eaoh annual general meeting, the Board presents the progress and performanoe of the 0roup's business and invites
shareholders to partioipate in the question and answer session.
L. AUU0UN1AILI1Y AN0 AU0I1
Inanca| Peportng
1he Board, assisted by the Audit Committee aims to present a balanoe and understandable assessment of the
Company's tnanoial position and prospeots through its annual audited tnanoial statements and quarterly reports.
A statement by the Uireotors of their responsibilities in relation to the tnanoial statements is set out on page 21 of
this Annual Report.
Interna| Uontro| and Psk Management
1he Board aoknowledges the importanoe of internal oontrols and risk management both in the strategy and operational
level. 1he Board reoognises its responsibility for a sound internal oontrol system oovering not only tnanoial oontrols
but also operational and oomplianoe oontrols as well as risk management.
lnformation on the 0roup's lnternal Control is presented in the 3tatement on lnternal Control set out on pages 22 and
23 of this Annual Report.
Pe|aton wth Audtors
1he Audit Committee maintains a transparent relationship with the internal and external auditors in seeking their
professional advioe and ensuring oomplianoe with the applioable laws and regulations.
1he 3tatement on lnternal Control has been duly reviewed by the external auditor.
1he role of the Audit Committee in relation to the auditors is set out on pages 24 to 27 of this Annual Report.
I. 51A1LMLN1 0I 0IPLU10P5' PL5P0N5IILI1Y I0P PPLPAPINU 1PL IINANUIAL 51A1LMLN15
1he Uireotors of the Company are responsible for ensuring the tnanoial statements of the 0roup and the Company are
properly drawn up in aooordanoe with the provisions of the Companies Aot, 1965 and applioable approved aooounting
standards in Malaysia so as to give a true and fair view of the state of affairs of the 0roup and the Company as at the
end of the tnanoial year and of the results and oash tows of the 0roup and the Company for that period.
1he Uireotors are satisted that in preparing the tnanoial statements of the 0roup and the Company for the year ended
31 Maroh 2012, the 0roup and the Company had applied appropriate aooounting polioies on a oonsistent basis. 1he
Uireotors also oonsider that all applioable approved aooounting standards are adhered to in the preparation of the
tnanoial statements.
1he Uireotors have general responsibilities for taking suoh steps that are reasonably available to them to safeguard
the assets of the 0roup, and to prevent and deteot fraud and other irregularities.
1he responsibility of the Auditors in relation to the linanoial 3tatements appears in the lndependent Auditors' Report
on pages 34 and 35 of this Annual Report.
1his statement was made by the Board of Uireotors in aooordanoe with a resolution of the Board of Uireotors dated
17 1uly 2012.
22 22
4nnual Reurt 2012
Introducton
Pursuant to paragraph 15.26(b) of the Main Market Listing Requirements of Bursa Malaysia 3eourities Berhad (Bursa
Malaysia"), it is the Board of Uireotors (the Board") of 0riental lood lndustries oldings Berhad (0ll") responsibility to
present the 3tatement on lnternal Control (3lC") in the annual report of 0ll.
0uided by the 3tatement on lnternal Control: 0uidanoe for Uireotors of Publio Listed Companies (the 0uidanoe") issued by
Bursa Malaysia, the Board is pleased to present the 3lC of 0ll for the tnanoial year ended 31 Maroh 2012.
oard's Pesponsb|ty
1he Board aoknowledges and aftrms its responsibility to maintain a sound system of internal oontrols and risk management
in order to safeguard shareholders' investment and the 0roup's assets. 1he 0roup's system of internal oontrols inoludes
the establishment of an appropriate oontrol environment and a framework in order to aohieve sound internal oontrol.
A sound system of internal oontrols depends on a thorough and regular evaluation of the nature and extent of the risks to
whioh the 0roup is exposed. 3ystem of internal oontrols help in managing and oontrolling risk appropriately rather than
to eliminate it. owever, even though it is impossible to provide oomplete assuranoe, system of internal oontrols must be
designed and applied to manage the likelihood and oonsequenoes of risk to aooeptable levels. 1hat is, the oost of oontrol
should be related to the signitoanoe of risk.
Psk Management
Pursuant to the 0uidanoe, the primary objeotive and direotion of managing the 0roup's prinoipal risks are to enhanoe the
0roup's ability to aohieve its business and oorporate objeotives.
ln view of this, the Board has the responsibility in identifying prinoipal risks and to ensure that there are appropriate
systems to manage these risks by reviewing the adequaoy and the integrity of the 0roup's system of internal oontrols.
1he Board had put in plaoe a well-struotured Risk Management lramework in order to manage prinoipal risks faoed by the
0roup effeotively. 1he risks identited were prioritized in terms of likelihood of ooourrenoe and impaot on the aohievement
of the 0roup's business and oorporate objeotives.
1he Board formed its own view on the adequaoy and the integrity of the 0roup's system of internal oontrols after due and
oareful enquiry based on the information and assuranoes provided to it. 1he senior management is aooountable to the
Board in monitoring the 0roup's system of internal oontrols and providing assuranoe to the Board that it has done so.

Interna| Audt Iuncton
1he 0roup's internal audit funotion is outsouroed to an independent oonsulting trm that report direotly to the Audit
Committee, in providing independent assessment on the adequaoy, eftoienoy and effeotiveness of the 0roup's system
of internal oontrols. 1hrough this review meohanism and struoture, the Board is provided with muoh of the assuranoe it
requires regarding the adequaoy and integrity of the 0roup's system of internal oontrols.
Periodioal visits and internal audit reviews are oarried out based on the lnternal Audit Plan approved by the Audit Committee.
lnternal audit reports were prepared and presented to the Audit Committee upon oompletion of internal audit reviews on
periodioal basis. 1he internal audit reports highlighted improvement opportunities identited throughout the internal audit
reviews together with relevant aotion plans formulated by Management. Although a number of areas for improvements
were identited throughout the internal audit reviews, nothing has oome to the attention of the Board whioh would result
in any material losses, oontingenoies or unoertainties that would require separate disolosure in this tnanoial statements.
67$7(0(1721,17(51$/&21752/
23 23
4nnual Reurt 2012
67$7(0(1721,17(51$/&21752/
0ther key e|ements of system of nterna| contro|s
1he following key prooesses have been established to enhanoe the adequaoy and integrity of the 0roup's system of internal
oontrols:
A detned organisational struoture with olear lines of responsibility and delegated authority,
linanoial results are reviewed quarterly by Audit Committee and the Board,
Key operational prooedures formulated by management in oomplianoe with lnternational 0rganisation for
3tandardisation (l30") oertitoation obtained,
0n-the-job training and external oourses are identited for relevant departments to ensure that they are suftoiently
skilled to perform their duties effeotively and eftoiently,
Meetings are held regularly to identify, disouss and resolve business and operational issues whioh might affeot the
0roup from aohieving its business objeotives, and
Close involvement by the Uireotors with eads of Uepartment on day-to-day operational, oorporate, tnanoial and key
management issues.

Uonc|uson
1he Board is oommitted towards maintaining an effeotive risk management framework and a sound system of internal
oontrols for the 0roup and where neoessary to put in plaoe appropriate aotion plans to further enhanoe the 0roup's system
of internal oontrols.
Notwithstanding this, the Board will oontinue in evaluating and managing the signitoant risks faoed by the 0roup in order
to meet its business objeotives in the ourrent ohallenging business environment.
1his statement is issued in aooordanoe with a resolution of the Uireotors dated 29 May 2012.
24 24
4nnual Reurt 2012
$8',7&200,77((5(3257
A. MLMLP5PIP
1he Audit Committee of the Company oomprises of 3 members as follows:-
Name of Member Poston
. Bhg. 1an 3ri Uato' Azizan Bin usain Chairman
lndependent Non-Lxeoutive Uireotor
Uatuk 1effery 0ng Cheng Look Member
Lim wa u Member
. 1LPM5 0I PLILPLNUL 0I AU0I1 U0MMI11LL
I. Uomposton
1he Audit Committee shall be appointed by the Board of Uireotors amongst the Uireotors of the Company and
the following requirements must be met:-
(a) 1he audit oommittee must oonsist of not less than three (3) members,
(b) 1he audit oommittee is made up of non-exeoutive direotors with the majority of the members must be
independent direotors,
(o) 1he Chairman of the Audit Committee must be an independent direotor,
(d) At least one (1) member of the audit oommittee -
i. must be a member of the Malaysian lnstitute of Aooountants, or
ii. if he is not a member of the Malaysian lnstitute of Aooountants, he must have at least 3 years'
working experienoe and :-
has passed the examinations speoited in Part l of the 1st 3ohedule of the Aooountants Aot,
1967, or
a member of one of the assooiations of aooountants speoited in Part ll of the 1st 3ohedule of
the Aooountants Aot 1967.
iii. fultls suoh other requirements as presoribed or approved by the Lxohange.
(e) No alternate direotor shall be appointed as a member of the Audit Committee.
II. 0b[ectves
Provide assistanoe to the Board of Uireotors in fultlling its statutory and tduoiary responsibilities by
ensuring that the Company is operating in aooordanoe with its presoribed prooedures and oodes of
oonduot.
3erve as an independent and objeotive party in the review of the tnanoial information presented by
management for distribution to shareholders and the general publio.
Provide direotion and oontrols over the internal audit funotion and the external auditors.
25 25
4nnual Reurt 2012
$8',7&200,77((5(3257
Provide by way of regular meetings, a line of oommunioation between the Board and the external auditors.
Uetermine that the Company has adequate administrative, operational and internal aooounting
oontrols and that the Company is operating in aooordanoe with its presoribed prooedures and oodes of
oonduot.
III. Meetngs
Irequency of Meetngs
Meetings shall be oonduoted at least four (4) times a year or more frequently as oiroumstanoes diotate.
uorum
A majority of the members, who are independent direotors, present being not less than two (2) shall form a quorum.
Attendance at Meetngs
1he attendanoe reoords of the Audit Committee Members for the Audit Committee Meetings held during the tnanoial
year are as follows:
Name Number of meetngs attended
. Bhg. 1an 3ri Uato' Azizan Bin usain 4/4
Uatuk 1effery 0ng Cheng Look 4/4
Lim wa u 3/4
1he lnternal Auditors and representatives of the external Auditor would normally attend the meetings. owever, when
deemed neoessary, the Committee may invite the Board members or any other person to be in attendanoe to assist it
in its deliberations. 1he Committee also met with the external auditors without the presenoe of Lxeoutive Uireotors.
1he Company 3eoretary of the Company shall be 3eoretary of the Committee and to reoord minutes of the meetings
for oiroulation to the Committee members.
Iv. Authorty
1o investigate any aotivity within its terms of referenoe. lt has free aooess to all information and doouments it
requires for the purpose of disoharging its funotions and responsibilities.
1o aooess and obtain outside legal or other independent professional advioe as it oonsiders neoessary.
1o have direot oommunioation ohannels to deal with the external and internal auditors.
1o oonvene meetings with external auditors and/ or internal auditors, exoluding the attendanoe of the direotors
and employees of the Company, whenever deemed neoessary.
1he Committee shall have all neoessary resouroes to perform its duties.
26 26
4nnual Reurt 2012
$8',7&200,77((5(3257
v. 0utes and responsb|tes
a) 1o review the statutory tnanoial statements, annual report and quarterly results prior to submission to the
Board and foous partioularly on :-
- ohanges in or implementation of major aooounting polioy ohanges,
- signitoant and unusual events, and
- oomplianoe with aooounting standards and other legal requirements.
b) 1o review the tndings of internal and external auditors (as the oase may be) on internal oontrols and other audit
oomments.
o) 1o review the nature, soope and resouroes of the external and internal auditors (if applioable) to ensure no
unjustited restriotions are imposed by management.
d) 1o oonsider any signitoant audit tndings reported by lnternal Auditor & Management's responses thereto and
to ensure appropriate aotion are taken on the reoommendation.
e) 1o liaise direotly between the external auditors, the management and the Board as a whole, partioularly with
regard to the audit plan and audit report.
f) 1o disouss problems and reservation arising from the interim and tnal audit and any matter the auditors may
wish to disouss.
g) 1o oonsider and reoommend the appointment and remuneration of external auditors.
h) 1o review the maintenanoe of an effeotive system and oontrols in the business prooess.
i) 1o review the oompany's aooounting polioies and reporting requirements to ensure oomplianoe with the relevant
laws and standards.
j) 1o review oompany oomplianoe with relevant law and listing requirements and to ensure prompt announoements
to the Bursa Malaysia in aooordanoe to the Bursa Malaysia Listing Requirements.
k) 1o review any related party transaotion and oontiot of interest situation that may arise within the Company or
group inoluding any transaotion, prooedure or oourse of oonduot that raises questions of management integrity.
l) 1o review the assistanoe provided/ given by the employees of the Company and 0roup to the auditors.
U. 5UMMAPY AU1IvI1IL5 0I AU0I1 U0MMI11LL
Uuring the Audit Committee Meetings, the following aotivities were oarried out:-
Reviewed and oommented on the quarterly tnanoial results before reoommending the same for Board's
approval.
Reviewed the year end audited tnanoial statements presented by the external auditors and attended to the
relevant matters pertaining to the tnanoial statements of the Company.

27 27
4nnual Reurt 2012
$8',7&200,77((5(3257
Reviewed with the external auditors' the nature and soope of their engagement and annual audit plan, the
tndings and results of their examination, their auditors' report and management letters in relation to the audit
and aooounting issues arising from the audit and the resouroe and assistanoe provided to them.
Uisoussed and noted the ohanges in aooounting polioies/ standards that are applioable to the Company.
Reviewed the internal audit reports, whioh highlighted the audit issues and Management's response.
Reviewed the internal audit resouroe requirements, internal audit plan, tndings and progress for the tnanoial
year under review.
Reviewed the 3tatement on lnternal Control and Audit Committee Report prior to the Board approval for
inolusion in the Company's Annual Report.
Reviewed the reourrent related party transaotions to ensure the transaotions entered are undertaken on the
group's normal oommeroial terms and the prooedures with regards to suoh transaotion are suftoient.
0. IN1LPNAL AU0I1 IUNU1I0N
1he internal audit funotion of the 0roup is outsouroed to a professional oonsulting trm to undertake independent,
objeotive and systematio reviews of the internal oontrols system to evaluate its adequaoy and effeotiveness. 1he
outsouroed internal auditors oonduot the internal audit reviews aooording to the internal audit plan approved by the
Audit Committee.
1he results of the internal audit reviews are tabled to the Audit Committee at their sohedule meetings highlighting the
following:
lnternal audit tndings/ areas for improvement,

Reoommendations to remedy the oontrol weaknesses/ improve existing internal oontrols system, and
Management's response and aotion plans to internal audit tndings/ areas for improvement and related
reoommendations.
1he oost inourred in oonneotion with the internal audit funotion during the tnanoial year amounted to RM26,000.00
29 Directors' Report
33 Statement by Directors
33 Statutory Declaration
34 ndependent Auditors' Report
36 Statements of Comprehensive ncome
37 Statements of Financial Position
39 Statements of Changes in Equity
41 Statements of Cash Flows
43 Notes to the Financial Statements
84 Notes to the Financial Statements
- Supplemental nformation
FNANCAL STATEMENTS
29 29
4nnual Reurt 2012
1he direotors have pleasure in presenting their report together with the audited tnanoial statements of the 0roup and of
the Company for the tnanoial year ended 31 Maroh 2012.

PRlNClPAL AC1lvl1l5

1he prinoipal aotivity of the Company is investment holding. 1he prinoipal aotivities of the subsidiaries are desoribed in Note
14 to the tnanoial statements. 1here have been no signitoant ohanges in the nature of the prinoipal aotivities during the
tnanoial year.

Results Greu Cemany
RM RM
Prott, net of tax, attributable to:
0wners of the parent 13,088,247 5,910,046
Non-oontrolling interest 269,324 -
13,357,571 5,910,046
1here were no material transfers to or from reserves or provisions during the tnanoial year other than as disolosed in the

ln the opinion of the direotors, the results of the operations of the 0roup and of the Company during the tnanoial year were
not substantially affeoted by any item, transaotion or event of a material and unusual nature.

blvlbNb5

1he amounts of dividends paid by the Company sinoe 31 Maroh 2011 were as follows:

RM
ln respeot of the tnanoial year ended 31 Maroh 2011 as reported in the direotors' report of that year:

linal tax exempt dividend of 2 sen per ordinary share,
deolared on 26 May 2011 and paid on 30 3eptember 2011 1,200,000

ln respeot of the tnanoial year ended 31 Maroh 2012:

lirst interim tax exempt dividend of 2 sen per ordinary share,
deolared on 25 August 2011 and paid on 30 3eptember 2011 1,200,000

3eoond interim tax exempt dividend of 2 sen per ordinary share,
deolared on 29 November 2011 and paid on 9 1anuary 2012 1,200,000

1hird interim tax exempt dividend of 2 sen per ordinary share,
deolared on 23 lebruary 2012 and paid on 30 Maroh 2012 1,200,000
4,800,000

At the forthooming Annual 0eneral Meeting, a tnal tax exempt dividend in respeot of the tnanoial year ended 31 Maroh
2012, of 2 on 60,000,000 ordinary shares, amounting to a dividend payable of RM1,200,000 (2 sen per share) will be
proposed for shareholders' approval. 1he tnanoial statements for the ourrent tnanoial year do not reteot this proposed
dividend. 3uoh dividend, if approved by the shareholders, will be aooounted for in equity as an appropriation of retained
earnings in the tnanoial year ending 31 Maroh 2013.

',5(&72565(3257
30 30
4nnual Reurt 2012
blRC1UR5

1he names of the direotors of the Company in oftoe sinoe the date of the last report and as at the date of this report are:
. Bhg. 1an 3ri Uato' Azizan bin usain
oo Beng Lee
3on 1ong Leong
3on 1ong Lng
Lim Keat 3ear
Lim wa u
Uatuk 1effery 0ng Cheng Look
blRC1UR5' BNFl15

Neither at the end of the tnanoial year, nor at any time during that year, did there subsist any arrangement to whioh the
Company was a party, whereby the direotors might aoquire benetts by means of the aoquisition of shares in or debentures
of the Company or any other body oorporate.

3inoe the end of the previous tnanoial year, no direotor has reoeived or beoome entitled to reoeive any benetts (other than
benetts inoluded in the aggregate amount of emoluments reoeived or due and reoeivable by the direotors or the txed salary
of a full-time employee of the Company as shown in Note 9 to the tnanoial statements) by reason of a oontraot made by
the Company or a related oorporation with any direotor or with a trm of whioh he is a member, or with a oompany in whioh
he has a substantial tnanoial interest, exoept as disolosed in Note 29 to the tnanoial statements.

blRC1UR5' lN1R515

Aooording to the register of direotors' shareholdings, the interests of direotors in oftoe at the end of the tnanoial year in
shares in the Company and its related oorporations during the tnanoial year were as follows:

Number ef erdlnary shares ef RM1 each
1.4.2011 Acqulred 5eld 31.3.2012
l|reor |nreresr.
Uatuk 3on Chen Chuan 18,107,383 - - 18,107,383
oo Beng Lee 3,334,921 - (701,100) 2,633,821
3on 1ong Leong 1,306,175 - - 1,306,175
3on 1ong Lng 1,290,124 - - 1,290,124
Lim Keat 3ear 733,753 - - 733,753
Lim wa u 828,000 - - 828,000

leemeo |nreresr.
Uatuk 3on Chen Chuan 7,808,044 494,500 (701,100) 7,601,444
oo Beng Lee 22,580,506 494,500 - 23,075,006
3on 1ong Leong 24,609,252 494,500 (701,100) 24,402,652
3on 1ong Lng 23,825,603 44,000 (701,100) 23,168,503
Lim Keat 3ear 11,524,524 - - 11,524,524

None of the other direotors in oftoe at the end of the tnanoial year had any interest in shares in the Company or its related
oorporations during the tnanoial year.

',5(&72565(3257
31 31
4nnual Reurt 2012
U1RR 51A1U1UR lNFURMA1lUN

(a) Before the statements of oomprehensive inoome and statements of tnanoial position of the 0roup and of the
Company were made out, the direotors took reasonable steps:

(i) to asoertain that proper aotion had been taken in relation to the writing off of bad debts and the making of
provision for doubtful debts and satisted themselves that there were no known bad debts and that adequate
provision had been made for doubtful debts, and

(ii) to ensure that any ourrent assets whioh were unlikely to realise their value as shown in the aooounting reoords
in the ordinary oourse of business had been written down to an amount whioh they might be expeoted so to
realise.

(b) At the date of this report, the direotors are not aware of any oiroumstanoes whioh would render:

(i) it neoessary to write off any bad debts or the amount of the provision for doubtful debts inadequate to any
substantial extent, and
(ii) the values attributed to the ourrent assets in the tnanoial statements of the 0roup and of the Company
misleading.

(o) At the date of this report, the direotors are not aware of any oiroumstanoes whioh have arisen whioh would render
adherenoe to the existing method of valuation of assets or liabilities of the 0roup and of the Company misleading or
inappropriate.

(d) At the date of this report, the direotors are not aware of any oiroumstanoes not otherwise dealt with in this report
or tnanoial statements of the 0roup and of the Company whioh would render any amount stated in the tnanoial
statements misleading.

(e) As at the date of this report, there does not exist:

(i) any oharge on the assets of the 0roup or of the Company whioh has arisen sinoe the end of the tnanoial year
whioh seoures the liabilities of any other person, or

(ii) any oontingent liability in respeot of the 0roup or of the Company whioh has arisen sinoe the end of the tnanoial
year.

(f) ln the opinion of the direotors:

(i) no oontingent or other liability has beoome enforoeable or is likely to beoome enforoeable within the period
of twelve months after the end of the tnanoial year whioh will or may affeot the ability of the 0roup or of the
Company to meet their obligations when they fall due, and

(ii) no item, transaotion or event of a material and unusual nature has arisen in the interval between the end of the
tnanoial year and the date of this report whioh is likely to affeot substantially the results of the operations of
the 0roup or of the Company for the tnanoial year in whioh this report is made.
',5(&72565(3257
32 32
4nnual Reurt 2012
AUbl1UR5

1he auditors, Lrnst & oung have expressed their willingness to oontinue in oftoe.

3igned on behalf of the Board in aooordanoe with a resolution of the direotors dated 2 1uly 2012.

batuk 5en Chen Chuan 5en 1eng Leeng
Melaka, Malaysia
',5(&72565(3257
33 33
4nnual Reurt 2012
we, Uatuk 3on Chen Chuan and 3on 1ong Leong, being two of the direotors of 0riental lood lndustries oldings Berhad,
do hereby state that, in the opinion of the direotors, the aooompanying tnanoial statements set out on pages 36 to 84
are drawn up in aooordanoe with linanoial Reporting 3tandards and the Companies Aot, 1965 in Malaysia so as to give
a true and fair view of the tnanoial position of the 0roup and of the Company as at 31 Maroh 2012 and of their tnanoial
performanoe and oash tows for the year then ended.

1he information set out in Note 38 on page 84 of the tnanoial statements have been prepared in aooordanoe with the
0uidanoe on 3peoial Matter No.1, Uetermination of Realised and unrealised Protts or Losses in the Context of Uisolosure
Pursuant to Bursa Malaysia 3eourities Berhad Listing Requirements as issued by the Malaysian lnstitute of Aooountants.

3igned on behalf of the Board in aooordanoe with a resolution of the direotors dated 2 1uly 2012.

batuk 5en Chen Chuan 5en 1eng Leeng
Melaka, Malaysia
l, 3on 1ong Leong, being the direotor primarily responsible for the tnanoial management of 0riental lood lndustries
oldings Berhad., do solemnly and sinoerely deolare that the aooompanying tnanoial statements set out on pages 36 to 84
are in my opinion oorreot, and l make this solemn deolaration oonsoientiously believing the same to be true and by virtue
of the provisions of the 3tatutory Ueolarations Aot, 1960.

3ubsoribed and solemnly deolared
by the abovenamed, 3on 1ong Leong at Melaka
in the 3tate of Melaka on 2 1uly 2012 5en 1eng Leeng

Before me,
Commissioner for 0aths
1an Mook Kow (M061)
67$7(0(17%<',5(&7256
PuR3uAN1 10 3LC1l0N 169(15) 0l 1L C0MPANlL3 AC1, 1965
67$78725<'(&/$5$7,21
PuR3uAN1 10 3LC1l0N 169(16) 0l 1L C0MPANlL3 AC1, 1965
34 34
4nnual Reurt 2012
,1'(3(1'(17$8',72565(3257
0RlLN1AL l00U lNUu31RlL3 0LUlN03 BLRAU (lnoorporated in Malaysia)
RPUR1 UN 1R FlNANClAL 51A1MN15

we have audited the tnanoial statements of 0riental lood lndustries oldings Berhad, whioh oomprise the statements of
tnanoial postion as at 31 Maroh 2012 of the 0roup and of the Company, and the statements of oomprehensive inoome,
statements of ohanges in equity and statements of oash tows of the 0roup and of the Company for the year then ended,
and a summary of signitoant aooounting polioies and other explanatory notes, as set out on pages 36 to 84.

l|reorors respons|b|||r, for rhe hnano|a| sraremenrs

1he direotors of the Company are responsible for the preparation of tnanoial statements that give a true and fair view in
aooordanoe with linanoial Reporting 3tandards and the Companies Aot, 1965 in Malaysia, and for suoh internal oontrol
as the direotors determine is neoessary to enable the preparation of tnanoial statements that are free from material
misstatement, whether due to fraud or error.
4uo|rors respons|b|||r,

0ur responsibility is to express an opinion on these tnanoial statements based on our audit. we oonduoted our audit
in aooordanoe with approved standards on auditing in Malaysia. 1hose standards require that we oomply with ethioal
requirements and plan and perform the audit to obtain reasonable assuranoe about whether the tnanoial statements are
free from material misstatement.

An audit involves performing prooedures to obtain audit evidenoe about the amounts and disolosures in the tnanoial
statements. 1he prooedures seleoted depend on our judgment, inoluding the assessment of risks of material misstatement
of the tnanoial statements, whether due to fraud or error. ln making those risk assessments, we oonsider internal oontrol
relevant to the entity's preparation of tnanoial statements that give a true and fair view in order to design audit prooedures
that are appropriate in the oiroumstanoes, but not for the purpose of expressing an opinion on the effeotiveness of the
entity's internal oontrol. An audit also inoludes evaluating the appropriateness of the aooounting polioies used and the
reasonableness of aooounting estimates made by the direotors, as well as evaluating the overall presentation of the
we believe that the audit evidenoe we have obtained is suftoient and appropriate to provide a basis for our audit opinion.

Up|n|on

ln our opinion, the tnanoial statements have been properly drawn up in aooordanoe with linanoial Reporting 3tandards
and the Companies Aot, 1965 in Malaysia so as to give a true and fair view of the tnanoial position of the 0roup and of the
Company as at 31 Maroh 2012, and of their tnanoial performanoe and oash tows for the year then ended.

35 35
4nnual Reurt 2012
,1'(3(1'(17$8',72565(3257
0RlLN1AL l00U lNUu31RlL3 0LUlN03 BLRAU (lnoorporated in Malaysia)
RPUR1 UN U1RR LGAL ANb RGULA1UR RqUlRMN15

ln aooordanoe with the requirements of the Companies Aot, 1965 in Malaysia, we also report the following:

(a) ln our opinion, the aooounting and other reoords and the registers required by the Aot to be kept by the Company and
its subsidiaries have been properly kept in aooordanoe with the provisions of the Aot.

(b) we are satisted that the tnanoial statements of the subsidiaries that have been oonsolidated with the tnanoial
statements of the Company are in form and oontent appropriate and proper for the purposes of the preparation of
the oonsolidated tnanoial statements and we have reoeived satisfaotory information and explanations required by us
for those purposes.

(o) 1he auditors' reports on the tnanoial statements of the subsidiaries were not subjeot to any qualitoation and did not
inolude any oomment required to be made under 3eotion 174(3) of the Aot.

U1RR MA11R5

1he supplementary information set out in Note 38 on page 84 is disolosed to meet the requirement of Bursa Malaysia
3eourities Berhad. 1he direotors are responsible for the preparation of the supplementary information in aooordanoe with
0uidanoe on 3peoial Matter No. 1, Uetermination of Realised and unrealised Protts or Losses in the Context of Uisolosure
Pursuant to Bursa Malaysia 3eourities Berhad Listing Requirements, as issued by the Malaysian lnstitute of Aooountants
(MlA 0uidanoe") and the direotive of Bursa Malaysia 3eourities Berhad. ln our opinion, the supplementary information
is prepared, in all material respeots, in aooordanoe with the MlA 0uidanoe and the direotive of Bursa Malaysia 3eourities
Berhad.

1his report is made solely to the members of the Company, as a body, in aooordanoe with 3eotion 174 of the Companies
Aot, 1965 in Malaysia and for no other purpose. we do not assume responsibility to any other person for the oontent of
this report.

rnst & eung Lee Ah 1ee
Al: 0039 2187/09/13(1)
Chartered Aooountants Chartered Aooountant

Melaka, Malaysia
Uate: 2 1uly 2012
36 36
4nnual Reurt 2012
67$7(0(1762)&2035(+(16,9(,1&20(
l0R 1L llNANClAL LAR LNULU 31 MARC 2012
Greu Cemany
Nete 2012 2011 2012 2011
RM RM RM RM
Revenue 4 195,269,469 149,294,765 6,684,273 4,092,413
Cost of sales (152,309,613) (110,489,219) - -
Gress ret 42,959,856 38,805,546 6,684,273 4,092,413
0ther inoome 5 1,282,851 612,864 24 -
Uther ltems ef exense
0eneral and administrative (8,759,020) (11,059,151) (515,251) (616,887)
3elling and distribution (18,504,741) (17,023,279) - -
linanoe oosts 6 (179,288) (248,232) - -
Pret befere tax 7 16,799,658 11,087,748 6,169,046 3,475,526
1ax (expense)/inoome 10 (3,442,087) (2,347,565) (259,000) 4,392
Pret net ef tax, reresentlng tetal
cemrehenslve lnceme fer the year 13,357,571 8,740,183 5,910,046 3,479,918
Pret attrlbutable te:
0wners of the parent 13,088,247 8,699,897 5,910,046 3,479,918
Non-oontrolling interest 269,324 40,286 - -
13,357,571 8,740,183 5,910,046 3,479,918
arnlngs er share attrlbutable te ewners ef
the arent (sen er share)
Basio 11 21.81 14.50

1he aooompanying aooounting polioies and explanatory notes form an integral part of the tnanoial statements.
37 37
4nnual Reurt 2012
Greu Cemany
Nete 2012 2011 2012 2011
RM RM RM RM
Assets

Nen-current assets
Property, plant and equipment 12 83,863,060 81,419,564 - -
Land held for property development 16 957,145 949,363 - -
lnvestment properties 13 939,657 955,441 - -
lnvestment in subsidiaries 14 - - 38,968,751 38,968,751
lnvestment seourity 15 372,438 372,438 - -
86,132,300 83,696,806 38,968,751 38,968,751
Current assets
Uevelopment property 16 3,927,224 5,584,148 - -
lnventories 17 19,274,047 15,122,535 - -
1rade and other reoeivables 18 25,624,425 19,737,856 28,014,267 27,004,140
0ther ourrent assets 19 8,234,475 3,066,995 4,248 4,208
lnoome tax reooverable 551,729 348,604 236,721 154,104
Uerivatives 21 - 69,341 - -
Cash and bank balanoes 22 15,521,886 17,473,380 63,324 47,078
73,133,786 61,402,859 28,318,560 27,209,530
1etal assets 159,266,086 145,099,665 67,287,311 66,178,281
qulty and llabllltles

Current llabllltles
lnoome tax payable 484,534 227,608 - -
Loans and borrowings 23 9,379,786 5,604,866 - -
1rade and other payables 24 17,817,104 15,119,800 233,056 234,072
Uerivatives 21 29,418 - - -
27,710,842 20,952,274 233,056 234,072
Net current assets 45,422,944 40,450,585 28,085,504 26,975,458
67$7(0(1762)),1$1&,$/326,7,21
A3 A1 31 MARC 2012
38 38
4nnual Reurt 2012
Greu Cemany
Nete 2012 2011 2012 2011
RM RM RM RM
Nen-current llabllltles
Ueferred tax liabilities 25 5,027,815 4,688,815 - -
Loans and borrowings 23 1,167,690 2,656,408 - -
6,195,505 7,345,223 - -
1etal llabllltles 33,906,347 28,297,497 233,056 234,072
Net assets 125,359,739 116,802,168 67,054,255 65,944,209
qulty attrlbutable te ewners ef the arent
3hare oapital 26 60,000,000 60,000,000 60,000,000 60,000,000
3hare premium - - 5,530,994 5,530,994
Revaluation reserves 27 9,959,616 9,959,616 - -
Retained earnings 28 54,871,664 46,583,417 1,523,261 413,215
124,831,280 116,543,033 67,054,255 65,944,209
Non-oontrolling interest 528,459 259,135 - -
1etal equlty 125,359,739 116,802,168 67,054,255 65,944,209
1etal equlty and llabllltles 159,266,086 145,099,665 67,287,311 66,178,281
67$7(0(1762)),1$1&,$/326,7,21
A3 A1 31 MARC 2012
39 39
4nnual Reurt 2012
67$7(0(1762)&+$1*(6,1(48,7<
qulty
attrlbutable Nen-
te ewners dlstrlbutable blstrlbutable Nen-
Greu qulty, ef the 5hare Revaluatlen Retalned centrelllng
tetal arent, tetal caltal reserves earnlngs lnterest
2012 RM RM RM RM RM RM
Uenlng balance at
1 Arll 2011 116,802,168 116,543,033 60,000,000 9,959,616 46,583,417 259,135
1etal cemrehenslve lnceme 13,357,571 13,088,247 - - 13,088,247 269,324
1ransactlen wlth ewners
Uividends paid on
ordinary shares (4,800,000) (4,800,000) - - (4,800,000) -
Cleslng balance at
31 March 2012 125,359,739 124,831,280 60,000,000 9,959,616 54,871,664 528,459
2011
Uenlng balance at
1 Arll 2010 113,861,985 113,423,882 60,000,000 9,959,616 43,464,266 438,103

1etal cemrehenslve lnceme 8,740,183 8,699,897 - - 8,699,897 40,286
1ransactlens wlth ewners
Additional investment
in a subsidiary (100,000) 119,254 - - 119,254 (219,254)
Uividends paid on
ordinary shares (5,700,000) (5,700,000) - - (5,700,000) -
1etal transactlens wlth ewners (5,800,000) (5,580,746) - - (5,580,746) (219,254)
Cleslng balance at
31 March 2011 116,802,168 116,543,033 60,000,000 9,959,616 46,583,417 259,135
40 40
4nnual Reurt 2012
67$7(0(1762)&+$1*(6,1(48,7<
Nen-
dlstrlbutable blstrlbutable
Cemany qulty, 5hare 5hare Retalned
tetal caltal remlum earnlngs
2012 RM RM RM RM
Uenlng balance at 1 Arll 2011 65,944,209 60,000,000 5,530,994 413,215

1etal cemrehenslve lnceme 5,910,046 - - 5,910,046

Uividends paid on ordinary shares (4,800,000) - - (4,800,000)
Cleslng balance at 31 March 2012 67,054,255 60,000,000 5,530,994 1,523,261
2011

Uenlng balance at 1 Arll 2010 68,164,291 60,000,000 5,530,994 2,633,297

1etal cemrehenslve lnceme 3,479,918 - - 3,479,918

Uividends paid on ordinary shares (5,700,000) - - (5,700,000)
Cleslng balance at 31 March 2011 65,944,209 60,000,000 5,530,994 413,215
41 41
4nnual Reurt 2012
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
Ueratlng actlvltles
Prott before tax: 16,799,658 11,087,748 6,169,046 3,475,526
Adjustments for:
Uepreoiation of:
- Property, plant and equipment 6,152,169 6,179,206 - -
- lnvestment properties 15,784 16,192 - -
Uividend inoome - - (6,684,273) (4,092,413)
lmpairment loss on trade reoeivables - 53,228 - -
lnterest expense 179,288 248,232 - -
lnterest inoome (230,785) (219,701) (24) -
lnventories written down 159,349 96,112 - -
Loss/(gain) on disposal of:
- Property, plant and equipment 37,560 234,561 - -
- lnvestment properties - (283,785) - -
Net fair value loss/(gain) on derivatives 98,759 (69,341) - -
Property, plant and equipment written off - 161 - -
unrealised gain on foreign exohange (777,676) (133,049) - -
1otal adjustments 5,634,448 6,121,816 (6,684,297) (4,092,413)
Ueratlng cash ews befere
changes ln werklng caltal 22,434,106 17,209,564 (515,251) (616,887)
Changes in working oapital
Ueorease in development property 1,649,142 102,531 - -
lnorease in inventories (4,310,861) (1,190,976) - -
(lnorease)/deorease in reoeivables (10,891,288) (6,422,402) 9,960 (6,208)
lnorease/(deorease) in payables 2,703,041 5,493,196 (1,016) 24,170
1otal ohanges in working oapital (10,849,966) (2,017,651) 8,944 17,962
Cash ews frem,(used ln) eeratlens 11,584,140 15,191,913 (506,307) (598,925)
lnterest reoeived 230,785 219,701 24 -
lnterest paid (179,288) (248,232) - -
lnoome taxes paid (3,049,286) (2,216,392) (583) (583)
Net cash ews frem,(used ln)
eeratlng actlvltles 8,586,351 12,946,990 (506,866) (599,508)

67$7(0(1762)&$6+)/2:6
42 42
4nnual Reurt 2012
67$7(0(1762)&$6+)/2:6
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
lnvestlng actlvltles
Purohase of property, plant and equipment (9,086,795) (4,673,722) - -
Prooeeds from disposal of:
- lnvestment properties - 593,666 - -
Net oash outtow on additional investment in a subsidiary - (100,000) - (100,000)
Uividend inoome - - 1,023,103 -
Net cash ews (used ln),frem lnvestlng actlvltles (8,633,225) (3,663,456) 1,023,103 (100,000)
Flnanclng actlvltles
Uividends paid on ordinary shares (4,800,000) (5,700,000) (4,800,000) (5,700,000)
Prooeeds from loans and borrowings 5,006,335 - - -
Repayment of loans and borrowings (3,255,988) (2,918,101) - -
Advanoes from subsidiaries - - 4,300,009 6,419,686
Net cash ews (used ln),frem nanclng actlvltles (3,049,653) (8,618,101) (499,991) 719,686
Net (decrease),lncrease ln cash and cash equlvalents (3,096,527) 665,433 16,246 20,178
Lffeot of exohange rate ohanges on oash and oash equivalents 588,269 (48,600) - -
Cash and cash equlvalents at 1 Arll 14,125,318 13,508,485 47,078 26,900
Cash and cash equlvalents at 31 March (Nete 22) 11,617,060 14,125,318 63,324 47,078
43 43
4nnual Reurt 2012
127(6727+(),1$1&,$/67$7(0(176
1. CURPURA1 lNFURMA1lUN

1he Company is a publio limited liability oompany, inoorporated and domioiled in Malaysia, and is listed on the Main
Market of Bursa Malaysia 3eourities Berhad. 1he prinoipal plaoe of business of the Company is looated at No. 65,
1alan usaha 7, Ayer Keroh lndustrial Lstate, 75450 Melaka.

1he prinoipal aotivity of the Company is investment holding. 1he prinoipal aotivities of the subsidiaries are desoribed
in Note 14 to the tnanoial statements. 1here have been no signitoant ohanges in the nature of the prinoipal aotivities
during the tnanoial year.

2. 5UMMAR UF 5lGNlFlCAN1 ACCUUN1lNG PULlCl5

2.1 Basls ef rearatlen

1he tnanoial statements of the 0roup and of the Company have been prepared in aooordanoe with linanoial
Reporting 3tandards (lR3") and the Companies Aot, 1965 in Malaysia.
1he tnanoial statements have been prepared on the historioal oost basis exoept as disolosed in the aooounting
polioies below.
1he tnanoial statements are presented in Ringgit Malaysia (RM).

2.2 Changes ln acceuntlng ellcles

1he aooounting polioies adopted are oonsistent with those of the previous tnanoial year exoept that the 0roup
and the Company adopted, where applioable, the following new and amended lR3 and lC lnterpretations
mandatory for annual tnanoial periods beginning on or after 1 April 2011:

lR3 1 lirst-time Adoption of linanoial Reporting 3tandards
Amendments to lR3 2 3hare-based Payment
lR3 3 Business Combinations
Amendments to lR3 5 Non-ourrent Assets eld for 3ale and Uisoontinued 0perations
lR3 127 Consolidated and 3eparate linanoial 3tatements
Amendments to lR3 138 lntangible Assets
Amendments to lC lnterpretation 9 Reassessment of Lmbedded Uerivatives
lC lnterpretation 12 3ervioe Conoession Arrangements
lC lnterpretation 16 edges of a Net lnvestment in a loreign 0peration
lC lnterpretation 17 Uistributions of Non-oash Assets to 0wners
Amendments to lR3 132 Classitoation of Rights lssues
lC lnterpretation 18 1ransfer of Assets from Customers
Amendments to lR3 7 lmproving Uisolosures about linanoial lnstruments
Amendments to lR3 1 Limited Lxemptions for lirst-time Adopters
Amendments to lR3 1 Additional Lxemptions for lirst-time Adopters
lC lnterpretation 4 Uetermining whether an Arrangement oontains a Lease
lmprovements to lR3 issued in 2010

Adoption of the above standards and interpretations did not have any signitoant effeot on the tnanoial
performanoe or position of the 0roup and of the Company exoept for those disoussed below:

44 44
4nnual Reurt 2012
127(6727+(),1$1&,$/67$7(0(176
2. 5UMMAR UF 5lGNlFlCAN1 ACCUUN1lNG PULlCl5 (CUN1lNUb)

2.2 Changes ln acceuntlng ellcles (centlnued)
Amendments to lR3 7: lmproving Uisolosures about linanoial lnstruments
1he amended standard requires enhanoed disolosure about fair value measurement and liquidity risk. lair
value measurements related to items reoorded at fair value are to be disolosed by souroe of inputs using a
three level fair value hierarohy (Level 1, Level 2 and Level 3), by olass, for all tnanoial instruments reoognised
at fair value. A reoonoiliation between the beginning and ending balanoe for Level 3 fair value measurements is
required. Any signitoant transfers between levels of the fair value hierarohy and the reasons for those transfers
need to be disolosed. 1he amendments also olarify the requirements for liquidity risk disolosures with respeot
to derivative transaotions and assets used for liquidity management. 1he fair value measurement and liquidity
risk disolosures are not signitoantly impaoted by the amendments and are presented in Note 31 and Note 32
respeotively.
2.3 5tandards lssued but net yet effectlve
1he 0roup has not adopted the following standards and interpretations that have been issued but not yet
effeotive:
ffectlve fer annual erleds
bescrltlen beglnnlng en er after
lC lnterpretation 19 Lxtinguishing linanoial Liabilities with Lquity lnstruments 1uly 2011
Amendments to lC lnterpretation 14 Prepayments of a Minimum lunding Requirement 1 1uly 2011
Amendments to lR3 1 3evere yperintation and
Removal of lixed Uates for lirst-time Adopters 1 1anuary 2012
Amendments to lR3 7 1ransfers of linanoial Assets 1 1anuary 2012
Amendments to lR3 112 Ueferred 1ax: Reoovery of underlying Assets 1 1anuary 2012
lR3 124 Related Party Uisolosures 1 1anuary 2012
Amendments to lR3 101 Presentation of ltems of 0ther Comprehensive lnoome 1 1uly 2012
lR3 9 linanoial lnstruments 1 1anuary 2013
lR3 10 Consolidated linanoial 3tatements 1 1anuary 2013
lR3 11 1oint Arrangements 1 1anuary 2013
lR3 12 Uisolosure of interests in 0ther Lntities 1 1anuary 2013
lR3 13 lair value Measurement 1 1anuary 2013
lR3 119 Lmployee Benetts 1 1anuary 2013
lR3 127 3eparate linanoial 3tatements 1 1anuary 2013
lR3 128 lnvestment in Assooiate and 1oint ventures 1 1anuary 2013
lC lnterpretation 20 3tripping Costs in the Produotion Phase of a 3urfaoe Mine 1 1anuary 2013
1he direotors expeot that the adoption of the standards and interpretations above will have no material impaot
on the tnanoial statements in the period of initial applioation, exoept as disolosed below:
Amendments to lR3 7: 1ransfers of linanoial Assets
1he amendments require additional disolosure about tnanoial assets that have been transferred but not
dereoognised to enable the user of the 0roup's tnanoial statements to understand the relationship with those
assets that have not been dereoognised and their assooiated liabilities. ln addition, the amendments requires
disolosures about oontinuing involvement in dereoognised assets to enable the user to evaluate the nature of,
and risks assooiated with, the entity's oontinuing involvement in those dereoognised assets. 1he amendment
affeots disolosure only and has no impaot on the 0roup's tnanoial position or performanoe.

45 45
4nnual Reurt 2012
127(6727+(),1$1&,$/67$7(0(176

2.3 5tandards lssued but net yet effectlve (centlnued)
lR3 9 linanoial lnstruments

lR3 9 reteots the trst phase of work on the replaoement of lR3 139 and applies to olassitoation and
measurement of tnanoial assets and tnanoial liabilities as detned in lR3 139. 1he adoption of this trst
phase of lR3 9 will have an effeot on the olassitoation and measurement of the 0roup's tnanoial assets but
will potentially have no impaot on olassitoation and measurements of tnanoial liabilities. 1he 0roup is in the
prooess of making an assessment of the impaot of adoption of lR3 9.

lR3 10 Consolidated tnanoial statements

lR3 10 replaoes the portion of lR3 127 Consolidated and 3eparate linanoial 3tatements that addresses the
aooounting for oonsolidated tnanoial statements. lR3 10 establishes a single oontrol model that applies to
all entities inoluding speoial purpose entities. 1he ohanges introduoed by lR3 10 will require management
to exeroise signitoant judgment to determine whioh entities are oontrolled, and therefore, are required to be
oonsolidated by a parent, oompared with the requirements that were in lR3 127.

lR3 12 Uisolosure of lnterests in 0ther Lntities

lR3 12 inoludes all disolosure requirements for interests in subsidiaries, joint arrangements, assooiates and
struotured entities. A number of new disolosures are required. 1his standard affeots disolosures only and has
no impaot on the 0roup's tnanoial position or performanoe.

lR3 13 lair value Measurement

lR3 13 establishes a single souroe of guidanoe under lR3 for all fair value measurements. lR3 13 does not
ohange when an entity is required to use fair value, but rather provides guidanoe on how to measure fair value
under lR3 when fair value is required or permitted. 1he 0roup is ourrently assessing the impaot of adoption of
lR3 13.
lR3 127 3eparate linanoial 3tatements

As a oonsequenoe of the new lR3 10 and lR3 12, lR3 127 is limited to aooounting for subsidiaries, jointly
oontrolled entities and assooiates in separate tnanoial statements.

2.4 Malayslan Flnanclal Reertlng 5tandards (MFR5 Framewerk)

0n 19 November 2011, the Malaysian Aooounting 3tandards Board (MA3B) issued a new MA3B approved
aooounting framework, the Malaysian linanoial Reporting 3tandards (MlR3 lramework).

1he MlR3 lramework is to be applied by all Lntities 0ther 1han Private Lntities for annual periods beginning
on or after 1 1anuary 2012, with the exoeption of entities that are within the soope of MlR3 141 Agrioulture
(MlR3 141) and lC lnterpretation 15 Agreements for Construotion of Real Lstate (lC 15), inoluding its parent,
signitoant investor and venturer (herein oalled '1ransitioning Lntities').

1ransitioning Lntities will be allowed to defer adoption of the new MlR3 lramework for an additional one year.
Consequently, adoption of the MlR3 lramework by 1ransitioning Lntities will be mandatory for annual periods
beginning on or after 1 1anuary 2013.

As one of the 0roup's subsidiary falls within the soope detnition of 1ransitioning Lntities, the 0roup will prepare
tnanoial statements using the MlR3 lramework in its trst MlR3 tnanoial statements for the year ending
31 Maroh 2014. ln presenting its trst MlR3 tnanoial statements, the 0roup will be required to restate the
oomparative tnanoial statements to amounts reteoting the applioation of MlR3 lramework. 1he majority of the
adjustments required on transition will be made, retrospeotively, against opening retained earnings.
46 46
4nnual Reurt 2012
127(6727+(),1$1&,$/67$7(0(176
2.4 Malayslan Flnanclal Reertlng 5tandards (MFR5 Framewerk) (centlnued)
1he 0roup has oommenoed transitioning its aooounting polioies and tnanoial reporting from the ourrent
linanoial Reporting 3tandards to the MlR3 lramework by establishing a projeot team to plan and manage the
adoption of the MlR3 lramework.
At the date of these tnanoial statements, the 0roup has not oompleted its quantitoation of the tnanoial effeots
of the differenoes between linanoial Reporting 3tandards and aooounting standards under the MlR3 lramework
due to the ongoing assessment by the projeot team. Aooordingly, the oonsolidated tnanoial performanoe and
tnanoial position as disolosed in these tnanoial statements for the year ended 31 Maroh 2012 oould be
different if prepared under the MlR3 lramework.
1he 0roup oonsiders that it is aohieving its soheduled milestones and expeots to be in a position to fully oomply
with the requirements of the MlR3 lramework for the tnanoial year ending 31 Maroh 2014.

2.5 Basls ef censelldatlen

1he oonsolidated tnanoial statements oomprise the tnanoial statements of the Company and its subsidiaries as
at the reporting date. 1he tnanoial statements of the subsidiaries used in the preparation of the oonsolidated
tnanoial statements are prepared for the same reporting date as the Company. Consistent aooounting polioies
are applied to like transaotions and events in similar oiroumstanoes.
All intra-group balanoes, inoome and expenses and unrealised gains and losses resulting from intra-group
transaotions are eliminated in full.
3ubsidiaries that were oonsolidated prior to 1 1anuary 2002 are in aooordanoe with Malaysian Aooounting
3tandard No.2, Aooounting for Aoquisition and Mergers. 1he 0roup has applied the exemption provided by lR3
3 to apply this standard prospeotively. Aooordingly, business oombinations entered into prior to the effeotive
date have not been restated to oomply with this standard.
under the merger method of aooounting, the results of subsidiaries are presented as if the merger had been
effeoted throughout the ourrent and previous years. 1he assets and liabilities oombined are aooounted for
based on the oarrying amounts from the perspeotive of the oommon oontrol shareholder at the date of transfer.
0n oonsolidation, the differenoe between the oost of merger and the nominal value of the shares aoquired is
adjusted against retained earnings.
Aoquistions of subsidiaries are aooounted for by applying the purohase method. ldentitable assets aoquired
and liabilities and oontingent liabilities assumed in a business oombination are measured initially at their
fair values at the aoquisition date. Adjustments to those fair values relating to previously held interests are
treated as a revaluation and reoognised in other oomprehensive inoome. 1he oost of a business oombination is
measured as the aggregate of the fair values, at the date of exohange, of the assets given, liabilities inourred
or assumed, and equity instruments issued, plus any oosts direotly attributable to the business oombination.
Any exoess of the oost of business oombination over the 0roup's share in the net fair value of the aoquired
subsidiary's identitable assets, liabilities and oontingent liabilities is reoorded as goodwill on the statement of
tnanoial position. Any exoess of the 0roup's share in the net fair value of the aoquired subsidiary's identitable
assets, liabilities and oontigent liabilities over the oost of business oombination is reoognised as inoome in
prott or loss on the date of aoquisition. when the 0roup aoquires a business, embedded derivatives separated
from the host oontraot by the aoquiree are reassessed on aoquisition unless the business oombination results
in a ohange in the terms of the oontraot that signitoantly modites the oash tows that would otherwise by
required under the oontraot.
3ubsidiaries are oonsolidated from the date of aoquisition, being the date on whioh the 0roup obtains oontrol,
and oontinue to be oonsolidated until the date that suoh oontrol oeases.

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2.6 1ransactlens wlth nen-centrelllng lnterests
Non-oontrolling interests represent the portion of prott or loss and net assets in subsidiaries not held by the
0roup and are presented separately in prott or loss of the 0roup and within equity in the oonsolidated statements
of tnanoial position, separately from parent shareholders' equity. 1ransaotions with non-oontrolling interests
are aooounted for using the entity oonoept method, whereby, transaotions with non-oontrolling interests are
aooounted for as transaotions with owners. 0n aoquisition of non-oontrolling interests, the differenoe between
the oonsideration and book value of the share of the net assets aoquired is reoognised direotly in equity. 0ain
or loss on disposal to non-oontrolling interests is reoognised direotly in equity.
2.1 Ferelgn currency
(a) Functlenal and resentatlen currency

1he individual tnanoial statements of eaoh entity in the 0roup are measured using the ourrenoy of the
primary eoonomio environment in whioh the entity operates (the funotional ourrenoy"). 1he oonsolidated
tnanoial statements are presented in Ringgit Malaysia (RM), whioh is also the Company's funotional
ourrenoy.
(b) Ferelgn currencles transactlens

1ransaotions in foreign ourrenoies are measured in the funotional ourrenoy of the Company and its
subsidiaries and are reoorded on initial reoognition in the funotional ourrenoy at exohange rates
approximating those ruling at the transaotion dates. Monetary assets and liabilities denominated in
foreign ourrenoies are translated at the rate of exohange ruling at the reporting date. Non-monetary items
denominated in foreign ourrenoies that are measured at historioal oost are translated using the exohange
rates as at the dates of the initial transaotions.
Lxohange differenoes arising on the settlement of monetary items or on translating monetary items at the
reporting date are reoognised in prott or loss.
2.8 Preerty, lant and equlment
All items of property, plant and equipment are initially reoorded at oost. 1he oost of an item of property, plant
and equipment is reoognised as an asset if, and only if, it is probable that future eoonomio benetts assooiated
with the item will tow to the 0roup and the oost of the item oan be measured reliably.
3ubsequent to reoognition, property, plant and equipment are measured at oost less aooumulated depreoiation
and any aooumulated impairment losses. when signitoant parts of property, plant and equipment are required
to be replaoed in intervals, the 0roup reoognises suoh parts as individual assets with speoito useful lives and
depreoiation, respeotively. Likewise, when a major inspeotion is performed, its oost is reoognised in the oarrying
amount of the property, plant and equipment as a replaoement if the reoognition oriteria are satisted. All other
repair and maintenanoe oosts are reoognised in prott or loss as inourred. lreehold land and buildings are
measured at fair value less aooumulated depreoiation on buildings and impairment losses reoognised after the
date of the revaluation. valuations are performed with suftoient regularity to ensure that the oarrying amount
does not differ materially from the fair value of the freehold land and buildings at the reporting date.
Any revaluation surplus is reoognised in other oomprehensive inoome and aooumulated in equity under the
asset revaluation reserve, exoept to the extent that it reverses a revaluation deorease of the same asset
previously reoognised in prott or loss, in whioh oase the inorease is reoognised in prott or loss. A revaluation
detoit is reoognised in prott or loss, exoept to the extent that it offsets an existing surplus on the same asset
oarried in the asset revaluation reserve.
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2.8 Preerty, lant and equlment (centlnued)
lreehold land has an unlimited useful life and therefore is not depreoiated. Uepreoiation is oomputed on a
straight line basis over the estimated useful lives of the assets as follows:

- Long term leasehold land: 78 to 99 years
- Buildings: 20 years
- Plant and maohinery: 10 to 20 years
- 0ther assets: 5 to 10 years

Capital work-in-progress inoluded in property, plant and equipment are not depreoiated as these assets are not
yet available for use.
1he oarrying values of property, plant and equipment are reviewed for impairment when events or ohanges in
oiroumstanoes indioate that the oarrying value may not be reooverable.
1he residual value, useful life and depreoiation method are reviewed at eaoh tnanoial year-end, and adjusted
prospeotively, if appropriate.
An item of property, plant and equipment is dereoognised upon disposal or when no future eoonomio benetts
are expeoted from its use or disposal. Any gain or loss on dereoognition of the asset is inoluded in the prott or
loss in the year the asset is dereoognised.
2.9 lnvestment reertles
lnvestment properties are initially measured at oost, inoluding transaotion oosts. 3ubsequent to reoognition,
investment properties are stated at oost less aooumulated depreoiation and any aooumulated impairment
losses. 1he investment properties are depreoiated in aooordanoe with that for property, plant and equipment as
desoribed in Note 2.8.
0ains or losses arising from ohanges in the fair values of investment property is reoognised in prott or loss in
the year in whioh they arise.
lnvestment properties are dereoognised when either it has been disposed of or when the investment property is
permanently withdrawn from use and no future eoonomio benett is expeoted from its disposal. Any gain or loss
on the retirement or disposal of an investment property is reoognised in prott or loss in the year of retirement
or disposal.
1ransfers are made to or from investment property only when there is a ohange in use. lor a transfer from
investment property to owner-oooupied property, the deemed oost for subsequent aooounting is the fair value
at the date of ohange in use. lor a transfer from owner-oooupied property to investment property, the property
is aooounted for in aooordanoe with the aooounting polioy for property, plant and equipment set out in Note 2.8
up to the date of ohange in use.
2.10 lmalrment ef nen-nanclal assets
1he 0roup assesses at eaoh reporting date whether there is an indioation that an asset may be impaired. lf any
suoh indioation exists, or when an annual impairment assessment for an asset is required, the 0roup makes an
estimate of the asset's reooverable amount.
An asset's reooverable amount is the higher of an asset's fair value less oosts to sell and its value in use. lor
the purpose of assessing impairment, assets are grouped at the lowest levels for whioh there are separately
identitable oash tows (oash-generating units (C0u")).
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2.10 lmalrment ef nen-nanclal assets (centlnued)
ln assessing value in use, the estimated future oash tows expeoted to be generated by the asset are disoounted
to their present value using a pre-tax disoount rate that reteots ourrent market assessments of the time value
of money and the risks speoito to the asset. where the oarrying amount of an asset exoeeds its reooverable
amount, the asset is written down to its reooverable amount. lmpairment losses reoognised in respeot of a C0u
or groups of C0us are allooated trst to reduoe the oarrying amount of any goodwill allooated to those units or
groups of units and then, to reduoe the oarrying amount of the other assets in the unit or groups of units on a
pro-rata basis.
lmpairment losses are reoognised in prott or loss. An assessment is made at eaoh reporting date as to whether
there is any indioation that previously reoognised impairment losses may no longer exist or may have deoreased.
A previously reoognised impairment loss is reversed only if there has been a ohange in the estimates used
to determine the asset's reooverable amount sinoe the last impairment loss was reoognised. lf that is the
oase, the oarrying amount of the asset is inoreased to its reooverable amount. 1hat inorease oannot exoeed
the oarrying amount that would have been determined, net of depreoiation, had no impairment loss been
reoognised previously.
2.11 5ubsldlarles
A subsidiary is an entity over whioh the 0roup has the power to govern the tnanoial and operating polioies so
as to obtain benetts from its aotivities.
ln the Company's separate tnanoial statements, investments in subsidiaries are aooounted for at oost less
aooumulated losses.
2.12 Flnanclal assets
linanoial assets are reoognised in the statements of tnanoial position when, and only when, the 0roup and the
Company beoome a party to the oontraotual provisions of the tnanoial instrument.
when tnanoial assets are reoognised initially, they are measured at fair value, plus, in the oase of tnanoial
assets not at fair value through prott or loss, direotly attributable transaotion oosts.
1he 0roup and the Company determine the olassitoation of their tnanoial assets at initial reoognition, and the
oategories inolude tnanoial assets at fair value through prott or loss, loans and reoeivables, held-to-maturity
investments and available-for-sale tnanoial assets.
(a) Flnanclal assets at falr value threugh ret er less
linanoial assets are olassited as tnanoial assets at fair value through prott or loss if they are held for
trading or are designated as suoh upon initial reoognition. linanoial assets held for trading are derivatives
(inoluding separated embedded derivatives) or tnanoial assets aoquired prinoipally for the purpose of
selling in the near term.
3ubsequent to initial reoognition, tnanoial assets at fair value through prott or loss are measured at fair
value. Any gains or losses arising from ohanges in fair value are reoognised in prott or loss. Net gains
or net losses on tnanoial assets at fair value through prott or loss do not inolude exohange differenoes,
interest and dividend inoome. Lxohange differenoes, interest and dividend inoome on tnanoial assets at
fair value through prott or loss are reoognised separately in prott or loss as part of other losses or other
inoome.
linanoial assets at fair value through prott or loss oould be presented as ourrent or non-ourrent. linanoial
assets that is held primarily for trading purposes are presented as ourrent whereas tnanoial assets that
is not held primarily for trading purposes are presented as ourrent or non-ourrent based on the settlement
date.
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2.12 Flnanclal assets (centlnued)
(b) Leans and recelvables
linanoial assets with txed or determinable payments that are not quoted in an aotive market are olassited
as loans and reoeivables.
3ubsequent to initial reoognition, loans and reoeivables are measured at amortised oost using the effeotive
interest method. 0ains and losses are reoognised in prott or loss when the loans and reoeivables are
dereoognised or impaired, and through the amortisation prooess.
Loans and reoeivables are olassited as ourrent assets, exoept for those having maturity dates later than
12 months after the reporting date whioh are olassited as non-ourrent.
(c) Reld-te-maturlty lnvestments
linanoial assets with txed or determinable payments and txed maturity are olassited as held-to-maturity
when the 0roup has the positive intention and ability to hold the investment to maturity.
3ubsequent to initial reoognition, held-to-maturity investments are measured at amortised oost using
the effeotive interest method. 0ains and losses are reoognised in prott or loss when the held-to-maturity
investments are dereoognised or impaired, and through the amortisation prooess.
eld-to-maturity investments are olassited as non-ourrent assets, exoept for those having maturity within
12 months after the reporting date whioh are olassited as ourrent.
(d) Avallable-fer-sale nanclal assets
Available-for-sale tnanoial assets are tnanoial assets that are designated as available for sale or are not
olassited in any of the three preoeding oategories.
After initial reoognition, available-for-sale tnanoial assets are measured at fair value. Any gains or
losses from ohanges in fair value of the tnanoial assets are reoognised in other oomprehensive inoome,
exoept that impairment losses, foreign exohange gains and losses on monetary instruments and interest
oaloulated using the effeotive interest method are reoognised in prott or loss. 1he oumulative gain or
loss previously reoognised in other oomprehensive inoome is reolassited from equity to prott or loss as
a reolassitoation adjustment when the tnanoial asset is dereoognised. lnterest inoome oaloulated using
the effeotive interest method is reoognised in prott or loss. Uividends on an available-for-sale equity
instrument are reoognised in prott or loss when the 0roup and the Company's right to reoeive payment is
established.
lnvestments in equity instruments whose fair value oannot be reliably measured are measured at oost
less impairment loss.
Available-for-sale tnanoial assets are olassited as non-ourrent assets unless they are expeoted to be
realised within 12 months after the reporting date.
A tnanoial asset is dereoognised when the oontraotual right to reoeive oash tows from the asset has expired.
0n dereoognition of a tnanoial asset in its entirety, the differenoe between the oarrying amount and the sum of
the oonsideration reoeived and any oumulative gain or loss that had been reoognised in other oomprehensive
inoome is reoognised in prott or loss.
Regular way purohases or sales are purohases or sales of tnanoial assets that require delivery of assets within
the period generally established by regulation or oonvention in the marketplaoe oonoerned. All regular way
purohases and sales of tnanoial assets are reoognised or dereoognised on the trade date i.e., the date that the
0roup and the Company oommit to purohase or sell the asset.
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2.13 lmalrment ef nanclal assets
1he 0roup and the Company assess at eaoh reporting date whether there is any objeotive evidenoe that a
tnanoial asset is impaired.
(a) 1rade and ether recelvables and ether nanclal assets carrled at amertlsed cest
1o determine whether there is objeotive evidenoe that an impairment loss on tnanoial assets has been
inourred, the 0roup and the Company oonsider faotors suoh as the probability of insolvenoy or signitoant
tnanoial diftoulties of the debtor and default or signitoant delay in payments. lor oertain oategories of
tnanoial assets, suoh as trade reoeivables, assets that are assessed not to be impaired individually are
subsequently assessed for impairment on a oolleotive basis based on similar risk oharaoteristios. 0bjeotive
evidenoe of impairment for a portfolio of reoeivables oould inolude the 0roup's and the Company's past
experienoe of oolleoting payments, an inorease in the number of delayed payments in the portfolio past
the average oredit period and observable ohanges in national or looal eoonomio oonditions that oorrelate
with default on reoeivables.
lf any suoh evidenoe exists, the amount of impairment loss is measured as the differenoe between the
asset's oarrying amount and the present value of estimated future oash tows disoounted at the tnanoial
asset's original effeotive interest rate. 1he impairment loss is reoognised in prott or loss.
1he oarrying amount of the tnanoial asset is reduoed by the impairment loss direotly for all tnanoial
assets with the exoeption of trade reoeivables, where the oarrying amount is reduoed through the use
of an allowanoe aooount. when a trade reoeivable beoomes unoolleotible, it is written off against the
allowanoe aooount.
lf in a subsequent period, the amount of the impairment loss deoreases and the deorease oan be
related objeotively to an event ooouring after the impairment was reoognised, the previously reoognised
impairment loss is reversed to the extent that the oarrying amount of the asset does not exoeed its
amortised oost at the reversal date. 1he amount of reversal is reoognised in prott or loss.
(b) Unqueted equlty securltles carrled at cest
lf there is objeotive evidenoe (suoh as signitoant adverse ohanges in the business environment where
the issuer operates, probability of insolvenoy or signitoant tnanoial diftoulties of the issuer) that an
impairment loss on tnanoial assets oarried at oost has been inourred, the amount of the loss is measured
as the differenoe between the asset's oarrying amount and the present value of estimated future oash
tows disoounted at the ourrent market rate of return for a similar tnanoial asset. 3uoh impairment losses
are not reversed in subsequent periods.
2.14 Cash and cash equlvalents
Cash and oash equivalents oomprise oash at bank and on hand and bank overdrafts that form an integral part
of the 0roup's oash management.
2.15 Land held fer reerty develement and reerty develement cests
(l) Land held fer reerty develement
Land held for property development oonsists of land where no development aotivities have been oarried
out or where development aotivities are not expeoted to be oompleted within the normal operating oyole.
3uoh land is olassited within non-ourrent assets and is stated at oost less any aooumulated impairment
losses.
Land held for property development is reolassited as property development oosts at the point when
development aotivities have oommenoed and where it oan be demonstrated that the development
aotivities oan be oompleted within the normal operating oyole.
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2.15 Land held fer reerty develement and reerty develement cests (centlnued)
(ll) Preerty develement cests
Property development oosts oomprise all oosts that are direotly attributable to development aotivities or
that oan be allooated on a reasonable basis to suoh aotivities.
when the tnanoial outoome of a development aotivity oan be reliably estimated, property development
revenue and expenses are reoognised in prott or loss by using the stage of oompletion method. 1he
stage of oompletion is determined by the proportion that property development oosts inourred for work
performed to date bear to the estimated total property development oosts.
where the tnanoial outoome of a development aotivity oannot be reliably estimated, property development
revenue is reoognised only to the extent of property development oosts inourred that is probable will be
reooverable, and property development oosts on properties sold are reoognised as an expense in the
period in whioh they are inourred.
Any expeoted loss on a development projeot, inoluding oosts to be inourred over the defeots liability
period, is reoognised as an expense immediately.
Property development oosts not reoognised as an expense are reoognised as an asset, whioh is measured
at the lower of oost and net realisable value.
1he exoess of revenue reoognised in the prott or loss over billings to purohasers is olassited as aoorued
billings under other ourrent assets and the exoess of billings to purohasers over revenue reoognised in
prott or loss is olassited as progress billings under other ourrent liabilities.
2.16 lnventerles
lnventories are stated at the lower of oost and net realisable value. Costs inourred in bringing the inventories to
their present looation and oondition are aooounted for as follows:
- Raw materials : purohase oosts on a weighted average basis.
- linished goods and work-in-progress: oosts of direot materials and labour and a proportion of manufaoturing
overheads based on normal operating oapaoity. 1hese oosts are assigned on a weighted average basis.
Net realisable value is the estimated selling prioe in the ordinary oourse of business less estimated oosts of
oompletion and the estimated oosts neoessary to make the sale.
2.11 Prevlslens
Provisions are reoognised when the 0roup has a present obligation (legal or oonstruotive) as a result of a past
event, it is probable that an outtow of eoonomio resouroes will be required to settle the obligation and the
amount of the obligation oan be estimated reliably.
Provisions are reviewed at eaoh reporting date and adjusted to reteot the ourrent best estimate. lf it is no
longer probable that an outtow of eoonomio resouroes will be required to settle the obligation, the provision is
reversed. lf the effeot of the time value of money is material, provisions are disoounted using a ourrent pre tax
rate that reteots, where appropriate, the risks speoito to the liability. when disoounting is used, the inorease in
the provision due to the passage of time is reoognised as a tnanoe oost.
2.18 Flnanclal llabllltles
linanoial liabilities are olassited aooording to the substanoe of the oontraotual arrangements entered into and
the detnitions of a tnanoial liability.
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2.18 Flnanclal llabllltles (centlnued)
linanoial liabilities, within the soope of lR3 139, are reoognised in the statement of tnanoial position when,
and only when, the 0roup and the Company beoome a party to the oontraotual provisions of the tnanoial
instrument. linanoial liabilities are olassited as either tnanoial liabilities at fair value through prott or loss or
other tnanoial liabilities.
(a) Flnanclal llabllltles at falr value threugh ret er less
linanoial liabilities at fair value through prott or loss inolude tnanoial liabilities held for trading and
tnanoial liabilities designated upon initial reoognition as at fair value through prott or loss.
linanoial liabilities held for trading inolude derivatives entered into by the 0roup and the Company that
do not meet the hedge aooounting oriteria. Uerivative liabilities are initially measured at fair value and
subsequently stated at fair value, with any resultant gains or losses reoognised in prott or loss. Net gains
or losses on derivatives inolude exohange differenoes.
1he 0roup and the Company have not designated any tnanoial liabilities as at fair value through prott or
loss.
(b) Uther nanclal llabllltles
1he 0roup's and the Company's other tnanoial liabilities inolude trade payables, other payables and loans
and borrowings.
1rade and other payables are reoognised initially at fair value plus direotly attributable transaotion oosts
and subsequently measured at amortised oost using the effeotive interest method.
Loans and borrowings are reoognised initially at fair value, net of transaotion oosts inourred, and
subsequently measured at amortised oost using the effeotive interest method. Borrowings are olassited
as ourrent liabilities unless the 0roup has an unoonditional right to defer settlement of the liability for at
least 12 months after the reporting date.
lor other tnanoial liabilities, gains and losses are reoognised in prott or loss when the liabilities are
dereoognised, and through the amortisation prooess.
A tnanoial liability is dereoognised when the obligation under the liability is extinguished. when an existing
tnanoial liability is replaoed by another from the same lender on substantially different terms, or the terms of
an existing liability are substantially modited, suoh an exohange or moditoation is treated as a dereoognition of
the original liability and the reoognition of a new liability, and the differenoe in the respeotive oarrying amounts
is reoognised in prott or loss.
2.19 Flnanclal guarantee centracts
A tnanoial guarantee oontraot is a oontraot that requires the issuer to make speoited payments to reimburse
the holder for a loss it inours beoause a speoited debtor fails to make payment when due.
linanoial guarantee oontraots are reoognised initially as a liability at fair value, net of transaotion oosts.
3ubsequent to initial reoognition, tnanoial guarantee oontraots are reoognised as inoome in prott or loss over
the period of the guarantee. lf the debtor fails to make payment relating to tnanoial guarantee oontraot when
it is due and the 0roup, as the issuer, is required to reimburse the holder for the assooiated loss, the liability is
measured at the higher of the best estimate of the expenditure required to settle the present obligation at the
reporting date and the amount initially reoognised less oumulative amortisation.
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2.20 Berrewlng cests
Borrowing oosts are oapitalised as part of the oost of a qualifying asset if they are direotly attributable to the
aoquisition, oonstruotion or produotion of that asset. Capitalisation of borrowing oosts oommenoes when the
aotivities to prepare the asset for its intended use or sale are in progress and the expenditures and borrowing
oosts are inourred. Borrowing oosts are oapitalised until the assets are substantially oompleted for their
intended use or sale.
All other borrowing oosts are reoognised in prott or loss in the period they are inourred. Borrowing oosts oonsist
of interest and other oosts that the 0roup and the Company inourred in oonneotion with the borrowing of funds.
2.21 mleyee benets
Uetned oontribution plans
1he 0roup makes oontributions to the Lmployee Provident lund in Malaysia, a detned oontribution pension
soheme. Contributions to detned oontribution pension sohemes are reoognised as an expense in the period in
whioh the related servioe is performed.
2.22 Leases
(a) As lessee
0perating lease payments are reoognised as an expense in prott or loss on a straight-line basis over the
lease term. 1he aggregate benett of inoentives provided by the lessor is reoognised as a reduotion of
rental expense over the lease term on a straight-line basis.
(b) As lesser
Leases where the 0roup retains substantially all the risks and rewards of ownership of the asset are
olassited as operating leases. lnitial direot oosts inourred in negotiating an operating lease are added to
the oarrying amount of the leased asset and reoognised over the lease term on the same bases as rental
inoome.
2.23 Revenue
Revenue is reoognised to the extent that it is probable that the eoonomio benetts will tow to the 0roup and
the revenue oan be reliably measured. Revenue is measured at the fair value of oonsideration reoeived or
reoeivable.
(a) 5ale ef geeds
Revenue from sale of goods is reoognised upon the transfer of signitoant risk and rewards of ownership
of the goods to the oustomer. Revenue is not reoognised to the extent where there are signitoant
unoertainties regarding reoovery of the oonsideration due, assooiated oosts or the possible return of
goods.
(b) 5ale ef reertles
Revenue from sale of properties is aooounted for by the stage of oompletion method as desoribed in Note
2.15.
(c) blvldend lnceme
Uividend inoome is reoognised when the 0roup's right to reoeive payment is established.
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2.23 Revenue (centlnued)
(d) lnterest lnceme
lnterest inoome is reoognised using the effeotive interest method.
(e) Rental lnceme
Rental inoome is aooounted for on a straight-line basis over the lease terms. 1he aggregate oosts of
inoentives provided to lessees are reoognised as a reduotion of rental inoome over the lease term on a
straight-line basis.
2.24 lnceme taxes
(a) Current tax
Current tax assets and liabilities are measured at the amount expeoted to be reoovered from or paid to the
taxation authorities. 1he tax rates and tax laws used to oompute the amount are those that are enaoted
or substantively enaoted by the reporting date.
Current taxes are reoognised in prott or loss exoept to the extent that the tax relates to items reoognised
outside prott or loss, either in other oomprehensive inoome or direotly in equity.
(b) beferred tax
Ueferred tax is provided using the liability method on temporary differenoes at the reporting date between
the tax bases of assets and liabilities and their oarrying amounts for tnanoial reporting purposes.
Ueferred tax liabilities are reoognised for all temporary differenoes, exoept:
- where the deferred tax liability arises from the initial reoognition of goodwill or of an asset or liability
in a transaotion that is not a business oombination and, at the time of the transaotion, affeots
neither the aooounting prott nor taxable prott or loss, and
- in respeot of taxable temporary differenoes assooiated with investments in subsidiaries, assooiates
and interests in joint ventures, where the timing of the reversal of the temporary differenoes oan
be oontrolled and it is probable that the temporary differenoes will not reverse in the foreseeable
future.
Ueferred tax assets are reoognised for all deduotible temporary differenoes, oarry forward of unused tax
oredits and unused tax losses, to the extent that it is probable that taxable prott will be available against
whioh the deduotible temporary differenoes, and the oarry forward of unused tax oredits and unused tax
losses oan be utilised exoept:
- where the deferred tax asset relating to the deduotible temporary differenoe arises from the initial
reoognition of an asset or liability in a transaotion that is not a business oombination and, at the
time of the transaotion, affeots neither the aooounting prott nor taxable prott or loss, and
- in respeot of deduotible temporary differenoes assooiated with investments in subsidiaries,
assooiates and interests in joint ventures, deferred tax assets are reoognised only to the extent that
it is probable that the temporary differenoes will reverse in the foreseeable future and taxable prott
will be available against whioh the temporary differenoes oan be utilised.
56 56
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2.24 lnceme taxes (centlnued)
(b) beferred tax
1he oarrying amount of deferred tax assets is reviewed at eaoh reporting date and reduoed to the extent
that it is no longer probable that suftoient taxable prott will be available to allow all or part of the deferred
tax asset to be utilised. unreoognised deferred tax assets are reassessed at eaoh reporting date and are
reoognised to the extent that it has beoome probable that future taxable prott will allow the deferred tax
assets to be utilised.
Ueferred tax assets and liabilities are measured at the tax rates that are expeoted to apply to the year
when the asset is realised or the liability is settled, based on tax rates and tax laws that have been
enaoted or substantively enaoted at the reporting date.
Ueferred tax relating to items reoognised outside prott or loss is reoognised outside prott or loss. Ueferred
tax items are reoognised in oorrelation to the underlying transaotion either in other oomprehensive inoome
or direotly in equity and deferred tax arising from a business oombination is adjusted against goodwill on
aoquisition.
Ueferred tax assets and deferred tax liabilities are offset, if a legally enforoeable right exists to set off
ourrent tax assets against ourrent tax liabilities and the deferred taxes relate to the same taxable entity
and the same taxation authority.
(o) 3ales tax
Revenues, expenses and assets are reoognised net of the amount of sales tax exoept:
- where the sales tax inourred in a purohase of assets or servioes is not reooverable from the taxation
authority, in whioh oase the sales tax is reoognised as part of the oost of aoquisition of the asset or
as part of the expense item as applioable, and
- reoeivables and payables that are stated with the amount of sales tax inoluded.
1he net amount of sales tax reooverable from, or payable to, the taxation authority is inoluded as part of
reoeivables or payables in the statements of tnanoial position.
2.25 5egment reertlng
lor management purposes, the 0roup is organised into operating segments based on their produots and servioes
whioh are independently managed by the respeotive segment managers responsible for the performanoe of the
respeotive segments under their oharge. 1he segment managers report direotly to the management of the
0roup who regularly review the segment results in order to allooate resouroes to the segments and to assess
the segment performanoe. Additional disolosures on eaoh of these segments are shown in Note 34, inoluding
the faotors used to identify the reportable segments and the measurement basis of segment information.
2.26 5hare caltal and share lssuance exenses
An equity instrument is any oontraot that evidenoes a residual interest in the assets of the 0roup and the
Company after deduoting all of its liabilities. 0rdinary shares are equity instruments.
0rdinary shares are reoorded at the prooeeds reoeived, net of direotly attributable inoremental transaotion
oosts. 0rdinary shares are olassited as equity. Uividends on ordinary shares are reoognised in equity in the
period in whioh they are deolared.
57 57
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2.21 Centlngencles
A oontingent liability or asset is a possible obligation or asset that arises from past events and whose existenoe
will be oontrmed only by the ooourrenoe or non-ooourrenoe of unoertain future event(s) not wholly within the
oontrol of the 0roup.
Contingent liabilities and assets are not reoognised in the statements of tnanoial position of the 0roup.

3. 5lGNlFlCAN1 ACCUUN1lNG JUbGMN15 ANb 51lMA15
1he preparation of the 0roup's tnanoial statements requires management to make judgments, estimates and
assumptions that affeot the reported amounts of revenues, expenses, assets and liabilities, and the disolosure of
oontingent liabilities at the reporting date. owever, unoertainty about these assumptions and estimates oould result
in outoomes that oould require a material adjustment to the oarrying amount of the asset or liability affeoted in the
future.
3.1 Judgments made ln alylng acceuntlng ellcles
1he management did not make any oritioal judgment in the prooess of applying the 0roup's aooounting polioies
that have a signitoant effeot on the amounts reoognised in the tnanoial statements.
3.2 Key seurces ef estlmatlen uncertalnty
1he key assumptions oonoerning the future and other key souroes of estimation unoertainty at the reporting date
that have a signitoant risk of oausing a material adjustment to the oarrying amounts of assets and liabilities
within the next tnanoial year are disoussed below.
(a) Useful llves ef lant and machlnery
1he oost of plant and maohinery for the manufaoture of snaok food and oonfeotioneries is depreoiated
on a straight-line basis over the assets' estimated eoonomio useful lives. Management estimates the
useful lives of these plant and maohinery to be 10 to 20 years. 1hese are oommon life expeotanoies
applied in the industry. Changes in the expeoted level of usage and teohnologioal developments oould
impaot the eoonomio useful lives and the residual values of these assets, therefore, future depreoiation
oharges oould be revised. 1he oarrying amount of the 0roup's plant and maohinery at the reporting date
is disolosed in Note 12.
(b) lmalrment ef leans and recelvables
1he 0roup assesses at eaoh reporting date whether there is any objeotive evidenoe that a tnanoial
asset is impaired. 1o determine whether there is objeotive evidenoe of impairment, the 0roup oonsiders
faotors suoh as the probability of insolvenoy or signitoant tnanoial diftoulties of the debtor and default or
signitoant delay in payments.
where there is objeotive evidenoe of impairment, the amount and timing of future oash tows are estimated
based on historioal loss experienoe for assets with similar oredit risk oharaoteristios. 1he oarrying amount
of the 0roup's loans and reoeivable at the reporting date is disolosed in Note 18.
(c) lnventerles valuatlen
1he 0roup reviews the adequaoy of provision for slow moving inventories at eaoh reporting date to
ensure that inventories are stated at the lower of oost and net realisable value. ln assessing the extent
of provision for slow moving inventories, the direotors, having oonsidered all available information, are of
the opinion that these goods oan be realised in the ordinary oourse of business.

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3. 5lGNlFlCAN1 ACCUUN1lNG JUbGMN15 ANb 51lMA15
3.2 Key seurces ef estlmatlen uncertalnty (centlnued)
(d) Preerty develement
1he 0roup reoognises property development revenue and expenses in the statement of oomprehensive
inoome by using the stage of oompletion method. 1he stage of oompletion is determined by the proportion
that property development oosts inourred for work performed to date bear to the estimated total property
development oosts.
3ignitoant judgment is required in determining the stage of oompletion, the extent of the property
development oosts inourred, the estimated total property development revenue and oosts, as well as the
reooverability of the property development oosts. ln making the judgment, the 0roup evaluates based on
past experienoe and by relying on the work of speoialists.
4. RvNU
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
3ale of goods 183,092,563 147,674,805 - -
3ale of properties 12,176,906 1,619,960 - -
Uividend inoome from a subsidiary - - 6,684,273 4,092,413
195,269,469 149,294,765 6,684,273 4,092,413
5. U1RR lNCUM
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
0ain on foreign exohange:
- realised 130,220 - - -
- unrealised 777,676 133,049 - -
lnterest inoome 230,785 219,701 24 -
Rental inoome 90,000 90,000 - -
Misoellaneous 54,170 170,114 - -
1,282,851 612,864 24 -
6. FlNANC CU515
Greu
2012 2011
RM RM
lnterest expense on:
- Bank loans 172,704 243,688
- 0ther bank borrowings 6,584 4,544
1otal tnanoe oosts 179,288 248,232
59 59
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1. PRUFl1 BFUR 1AX
1he following items have been inoluded in arriving at prott before tax:
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
Auditors' remuneration:
- Current year 65,000 55,200 20,000 16,000
- underprovision in prior year - 3,500 - -
Uepreoiation of:
- Property, plant and equipment 6,152,169 6,179,206 - -
(Note 12)
- lnvestment properties (Note 13) 15,784 16,192 - -
Uireot operating expenses arising
from investment properties
- Rental generating properties 5,916 5,506 - -
Lmployee benetts expense 15,997,900 14,485,380 112,000 112,000
(Note 8)
(0ain)/loss on disposal of:
- lnvestment properties - (283,785) - -
(0ain)/loss on foreign exohange:
- Realised (130,220) 1,201,404 - -
- unrealised (777,676) (133,049) - -
lmpairment loss on trade
reoeivables [Note 18(a)] - 53,228 - -
lnventories written down 159,349 96,112 - -
0perating leases:
- Minimum lease payments for premises 192,600 163,380 - -
Property, plant and equipment written off - 161 - -
8. MPLU BNFl15 XPN5
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
3alaries, bonus and allowanoes 13,728,925 12,331,335 100,000 100,000
Uetned oontribution plans 1,208,373 1,123,873 12,000 12,000
0ther employee benetts 1,060,602 1,030,172 - -
15,997,900 14,485,380 112,000 112,000
lnoluded in employee benetts expense of the 0roup and the Company are exeoutive direotors' remuneration
amounting to RM2,396,800 (2011: RM2,249,240) and RM112,000 (2011: RM112,000) respeotively.
60 60
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9. blRC1UR5' RMUNRA1lUN
1he details of remuneration reoeivable by direotors of the Company during the year are as follows:

Greu Cemany
2012 2011 2012 2011
RM RM RM RM
Lxeoutive:
- lees 196,000 196,000 100,000 100,000
- 3alaries and other emoluments 1,824,000 1,700,000 - -
- Uetned oontribution plans 376,800 353,240 12,000 12,000
1otal exeoutive direotors'
remuneration (exoluding benetts-in-kind) 2,396,800 2,249,240 112,000 112,000
Lstimated money value of benetts-in-kind 91,650 89,897 - -
1otal exeoutive direotors'
remuneration (inoluding benetts-in-kind) 2,488,450 2,339,137 112,000 112,000
Non-exeoutive:
- lees 100,000 100,000 100,000 100,000
- 3alaries and other emoluments 60,000 60,000 60,000 60,000
- Uetned oontribution plans 6,000 6,000 6,000 6,000
1otal non-exeoutive direotors' remuneration 166,000 166,000 166,000 166,000
1otal direotors' remuneration 2,654,450 2,505,137 278,000 278,000
10. 1AX (XPN5),lNCUM
Majer cemenents ef tax (exense),lnceme
1he major oomponents of tax (expense)/inoome for the years ended 31 Maroh 2012 and 2011 are:
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
3tatements of oomprehensive inoome:
- Current inoome tax 3,081,966 1,784,109 259,000 -
- under/(over) provision in respeot of previous year 21,121 77,510 - (4,392)
3,103,087 1,861,619 259,000 (4,392)
Ueferred inoome tax (Note 25):
Relating to origination and
reversal of temporary differenoes 280,000 360,168 - -
0verprovision in respeot of previous years 59,000 125,778 - -
339,000 485,946 - -
1ax expense/(inoome) reoognised in prott or loss 3,442,087 2,347,565 259,000 (4,392)
61 61
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10. 1AX (XPN5),lNCUM (CUN1lNUb)

Recenclllatlen between tax (exense),lnceme and acceuntlng ret
1he reoonoiliation between tax (expense)/inoome and the produot of aooounting prott multiplied by the applioable
oorporate tax rate for the years ended 31 Maroh 2012 and 2011 are as follows:
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
Prott before tax 16,799,658 11,087,748 6,169,046 3,475,526
1axation at statutory tax rate of 25 (2011: 25) 4,199,914 2,771,937 1,542,262 868,882
Adjustments:
lnoome not subjeot to taxation (177,084) (94,012) (1,330,035) (1,023,103)
Non-deduotible expenses 311,691 351,311 46,740 154,221
Lffeot on oertain expenses eligible
for double deduotion (972,499) (906,799) - -
Ueferred tax assets not reoognised
on unutilised reinvestment allowanoes - 21,550 - -
0thers (56) 290 33 -
0verprovision of deferred inoome
tax in respeot of previous years 59,000 125,778 - -
under/(over) provision of inoome
tax in respeot of previous years 21,121 77,510 - (4,392)
1ax (expense)/inoome reoognised in prott or loss 3,442,087 2,347,565 259,000 (4,392)
Uomestio inoome tax is oaloulated at the Malaysian statutory tax rate of 25 (2011: 25) of the estimated assessable
prott for the year.
1he amount available for oarry forward to offset against future taxable inoome are as follows:
Greu
2012 2011
RM RM
unutilised reinvestment allowanoes 22,720,246 24,407,260
62 62
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11. ARNlNG5 PR 5RAR
(a) Baslc
Basio earnings per share amounts are oaloulated by dividing prott for the year, net of tax, attributable to owners
of the parent by the weighted average number of ordinary shares outstanding during the tnanoial year.
Greu
2012 2011
RM RM
Prott net of tax attributable to owners of the parent 13,088,247 8,699,897
weighted average number of ordinary shares 60,000,000 60,000,000
Basio earnings per share (sen) 21.81 14.50
(b) blluted
1here is no diluted earnings per share as the Company does not have any dilutive potential ordinary shares as
at the year end.
12. PRUPR1, PLAN1 ANb qUlPMN1
Furnlture,
ttlngs and Caltal
* Land and Plant and Meter efce werk-ln-
Greu bulldlngs machlnery vehlcles equlment regress 1etal
RM RM RM RM RM RM
Cest er valuatlen
At 1 Arll 2010 31,561,132 80,125,173 6,557,957 10,851,753 359,209 129,455,224
Additions - 491,591 1,576,042 1,118,716 1,487,374 4,673,723
Uisposals - (198,244) (1,714,804) (1,600) - (1,914,648)
write off - - - (380) - (380)
Reolassitoations - 359,209 - - (359,209) -
At 31 March 2011
and 1 Arll 2011 31,561,132 80,777,729 6,419,195 11,968,489 1,487,374 132,213,919
Additions - 743,575 705,195 152,613 7,485,412 9,086,795
Uisposals - (42,600) (572,587) (6,800) - (621,987)
At 31 March 2012 31,561,132 81,478,704 6,551,803 12,114,302 8,972,786 140,678,727
Representing:
At oost 13,701,132 81,478,704 6,551,803 12,114,302 8,972,786 122,818,727
At valuation 17,860,000 - - - - 17,860,000
At 31 March 2012 31,561,132 81,478,704 6,551,803 12,114,302 8,972,786 140,678,727
63 63
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12. PRUPR1, PLAN1 ANb qUlPMN1 (CUN1lNUb)
Furnlture,
ttlngs and Caltal
* Land and Plant and Meter efce werk-ln-
Greu bulldlngs machlnery vehlcles equlment regress 1etal
RM RM RM RM RM RM
Accumulated dereclatlen
At 1 Arll 2010 2,262,021 34,318,970 3,236,797 5,961,067 - 45,778,855
Uepreoiation oharge for
the year (Note 7) 1,249,068 3,410,030 543,270 976,838 - 6,179,206
Uisposals - (198,243) (963,698) (1,546) - (1,163,487)
write off - - - (219) - (219)
At 31 March 2011 and
1 Arll 2011 3,511,089 37,530,757 2,816,369 6,936,140 - 50,794,355
Uepreoiation oharge for
the year (Note 7) 1,249,068 3,406,889 484,745 1,011,467 - 6,152,169
Uisposals - (22,475) (105,889) (2,493) - (130,857)
At 31 March 2012 4,760,157 40,915,171 3,195,225 7,945,114 - 56,815,667
Net carrylng ameunt
At oost 12,448,282 43,246,972 3,602,826 5,032,349 1,487,374 65,817,803
At valuation 15,601,761 - - - - 15,601,761
At 31 March 2011 28,050,043 43,246,972 3,602,826 5,032,349 1,487,374 81,419,564
At oost 12,272,482 40,563,533 3,356,578 4,169,188 8,972,786 69,334,567
At valuation 14,528,493 - - - - 14,528,493
At 31 March 2012 26,800,975 40,563,533 3,356,578 4,169,188 8,972,786 83,863,060
64 64
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* Land and bulldlngs
Freeheld Leaseheld
Greu land land Bulldlngs 1etal
RM RM RM RM
Cest er valuatlen
At 1 Arll 2010,31 March 2011 and 31 March 2012 1,150,000 13,701,132 16,710,000 31,561,132
Representing:
At oost - 13,701,132 - 13,701,132
At valuation 1,150,000 - 16,710,000 17,860,000
At 31 March 2012 1,150,000 13,701,132 16,710,000 31,561,132
Accumulated dereclatlen

At 1 Arll 2010 - 1,077,050 1,184,971 2,262,021
Uepreoiation oharge for the year - 175,800 1,073,268 1,249,068
At 31 March 2011 and 1 Arll 2011 - 1,252,850 2,258,239 3,511,089
Uepreoiation oharge for the year - 175,800 1,073,268 1,249,068
At 31 March 2012 - 1,428,650 3,331,507 4,760,157
Net carrylng ameunt
At oost - 12,448,282 - 12,448,282
At valuation 1,150,000 - 14,451,761 15,601,761
At 31 March 2011 1,150,000 12,448,282 14,451,761 28,050,043
At oost - 12,272,482 - 12,272,482
At valuation 1,150,000 - 13,378,493 14,528,493
At 31 March 2012 1,150,000 12,272,482 13,378,493 26,800,975
Revaluation of freehold land and buildings
lreehold land and buildings were revalued in year 2009 by an aooredited independent valuers with appropriate
reoognised professional qualitoation and experienoe in the looation and oategory of the properties being valued. lair
value was determined by referenoe to open market values.
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Revaluation of freehold land and buildings (oontinued)
lf the freehold land and buildings were measured using the oost model, the oarrying amount would be as follows:
Greu
2012 2011
RM RM
lreehold land 911,381 911,381
Buildings 7,640,964 8,250,399
8,552,345 9,161,780
13. lNv51MN1 PRUPR1l5
Greu
2012 2011
RM RM
Cest:
At 1 April 1,077,209 1,387,090
Uisposals - (309,881)
At 31 Maroh 1,077,209 1,077,209
Accumulated dereclatlen:
At 1 April 121,768 105,576
Uepreoiation oharge for the year (Note 7) 15,784 16,192
At 31 Maroh 137,552 121,768
Net carrylng ameunt 939,657 955,441
Falr value 1,605,000 1,357,000
14. lNv51MN1 lN 5UB5lblARl5
Cemany
2012 2011
RM RM
unquoted shares, at oost 38,968,751 38,968,751
66 66
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14. lNv51MN1 lN 5UB5lblARl5 (CUN1lNUb)
Uetails of the subsidiaries, all of whioh were inoorporated in Malaysia, are as follows :
Preertlen () ef
Name ef subsldlarles Prlnclal actlvltles Uwnershl lnterest
2012 2011
0riental lood lndustries Manufaoturing and marketing of
3dn. Bhd. snaok food and oonfeotioneries 100 100
0ll Properties 3dn. Bhd. Property development 90 90
le|o rhrough Ur|enra| looo lnousrr|es Son. Bho..
0riental lood Marketing (M) 3ales and marketing of 100 100
3dn. Bhd. snaok food and oonfeotioneries
15. lNv51MN1 5CURl1
Greu
2012 2011
RM RM
Available-for-sale tnanoial asset
- Lquity instrument (unquoted), at oost 372,438 372,438
1he investment in unquoted equity instrument represent ordinary shares that are not quoted on any aotive market
and oarried at oost less any aooumulated impairment losses as its fair value oannot be measured reliably.
1he available-for-sale tnanoial asset is olassited as non-ourrent assets as it is not expeoted to be realised within 12
months after the reporting date.
16. PRUPR1 bvLUPMN1 CU515
Greu
(a) Land held fer reerty develement
Leaseheld
land
Cest,carrylng ameunt: RM
At 1 April 2010 and 31 Maroh 2011 949,363
Addition 7,782
At 31 Maroh 2012 957,145
67 67
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16. PRUPR1 bvLUPMN1 CU515 (CUN1lNUb)
(b) Preerty develement cests
Leaseheld bevelement
land cests 1etal
RM RM RM
Cumulatlve reerty develement cests:
At 1 April 2010 4,921,516 765,163 5,686,679
Cost inourred during the year 9,060 938,379 947,439
At 31 Maroh 2011 and 1 April 2011 4,930,576 1,703,542 6,634,118
Cost inourred during the year 42,495 6,675,363 6,717,858
At 31 Maroh 2012 4,973,071 8,378,905 13,351,976
Cumulatlve cests recegnlsed ln ret er less:
At 31 Maroh 2011 and 1 April 2011 811,006 238,964 1,049,970
Reoognised during the year 2,836,041 5,538,741 8,374,782
At 31 Maroh 2012 3,647,047 5,777,705 9,424,752
Preerty develement cests:
At 31 Maroh 2011 4,119,570 1,464,578 5,584,148
At 31 Maroh 2012 1,326,024 2,601,200 3,927,224
11. lNvN1URl5
Greu
2012 2011
RM RM
Cest
Raw materials 14,723,811 11,903,078
work-in-progress 50,508 104,070
linished goods 4,499,728 3,115,387
19,274,047 15,122,535
Uuring the year, the amount of inventories reoognised as an expense in oost of sales of the 0roup was RM193,695,178
(2011: RM154,872,900).
68 68
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18. 1RAb ANb U1RR RClvABL5
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
1rade recelvables
1hird parties 25,885,122 19,879,200 - -
Less: Allowanoe for impairment (1,088,124) (1,088,124) - -
1rade reoeivables, net 24,796,998 18,791,076 - -
Uther recelvables
1hird parties 318,940 523,581 - -
Amounts due from subsidiaries - - 28,014,267 26,994,140
Refundable deposits 323,867 259,619 - 10,000
3taff loans 184,620 163,580 - -
827,427 946,780 28,014,267 27,004,140
1otal trade and other reoeivables 25,624,425 19,737,856 28,014,267 27,004,140
Add: Cash and bank balanoes (Note 22) 15,521,886 17,473,380 63,324 47,078
1otal loans and reoeivables 41,146,311 37,211,236 28,077,591 27,051,218
(a) 1rade recelvables
1rade reoeivables are non-interest bearing and are generally on 30 to 120 days (2011: 30 to 120 days) terms.
1hey are reoognised at their original invoioe amounts whioh represent their fair values on initial reoognition.
Ageing analysis of trade reoeivables
1he ageing analysis of the 0roup's trade reoeivables is as follows:
Greu
2012 2011
RM RM
Neither past due nor impaired 13,831,000 14,299,440
1 to 30 days past due not impaired 7,722,206 2,930,660
31 to 60 days past due not impaired 1,444,605 337,592
More than 61 days past due not impaired 1,799,187 1,223,384
10,965,998 4,491,636
lmpaired 1,088,124 1,088,124
25,885,122 19,879,200
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18. 1RAb ANb U1RR RClvABL5 (CUN1lNUb)
(a) 1rade recelvables (centlnued)
Reoeivables that are neither past due nor impaired
1rade and other reoeivables that are neither past due nor impaired are oreditworthy debtors with good payment
reoords with the 0roup.
None of the 0roup's trade reoeivables that are neither past due nor impaired have been renegotiated during the
tnanoial year.
Reoeivables that are past due but not impaired
1he 0roup has trade reoeivables amounting to RM10,965,998 (2011: RM4,491,636) that are past due at the
reporting date but not impaired. 1hese reoeivables are aotive aooounts whioh the management oonsiders to be
reooverable.
Reoeivables that are impaired
1he 0roup's trade reoeivables that are individually impaired at the reporting date and the movement of the
allowanoe aooounts used to reoord the impairment are as follows:
Greu
2012 2011
RM RM
1rade reoeivables - nominal amounts 1,088,124 1,088,124
Less: Allowanoe for impairment (1,088,124) (1,088,124)
- -
Movement in allowanoe aooounts: Greu
2012 2011
RM RM
At 1 April 1,088,124 1,034,896
Charge for the year (Note 7) - 53,228
At 31 Maroh 1,088,124 1,088,124
1rade reoeivables that are individually determined to be impaired at the reporting date relate to debtors that
are in signitoant tnanoial diftoulties and/or have defaulted on payments. 1hese reoeivables are not seoured by
any oollateral or oredit enhanoements.
(b) Related arty balances
1he amounts due from subsidiaries are unseoured, non-interest bearing and are repayable upon demand.

(c) 5taff leans
3taff loans are unseoured and non-interest bearing. 1he loans are reoognised initially at fair value. 1he differenoe
between the fair value and the nominal loan amount represents payment for servioes to be rendered during the
period of the loan and is reoorded as part of prepaid operating expenses.
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19. U1RR CURRN1 A5515
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
Amount due from oustomers for oontraot work (Note 20) 1,760,615 353,960 - -
Advanoes to suppliers of
property, plant and equipment 5,610,097 1,849,990 - -
Prepaid operating expenses 863,763 863,045 4,248 4,208
8,234,475 3,066,995 4,248 4,208
20. AMUUN1 bU FRUM CU51UMR5 FUR CUN1RAC1 WURK-lN-PRUGR55
Greu
2012 2011
RM RM
Construotion oontraot oosts inourred to date 9,424,751 1,049,970
Attributable protts 4,372,114 569,990
13,796,865 1,619,960
Less: Progress billings (12,036,250) (1,266,000)
1,760,615 353,960
lresenreo as.
Amount due from oustomers for oontraot work (Note 19) 1,760,615 353,960
21. bRlvA1lv5
2012 2011
RM RM
Centract, Centract,
Netlenal Netlenal
Ameunt (Llabllltles) Ameunt Assets
Non-hedging derivatives:
lorward ourrenoy oontraots 46,341,900 (29,418) 3,120,480 69,341
1he 0roup uses forward ourrenoy oontraots to manage some of the transaotion exposure. 1hese oontraots are not
designated as oash tow or fair value hedges and entered into for periods oonsistent with ourrenoy transaotion
exposure. 3uoh derivatives do not qualify for hedge aooounting.
lorward ourrenoy oontraots are used to hedge the 0roup's sales denominated in u3U for whioh trm oommitments
existed at the reporting date, extending to Maroh 2013 (2011: 3eptember 2011).
Uuring the tnanoial year, the 0roup reoognised a loss of RM98,759 (2011: gain of RM69,341) arising from fair value
ohanges of derivative liabilities. 1he fair value ohanges are attributable to ohanges in foreign exohange spot and
forward rate. 1he method and assumptions applied in determining the fair values of derivatives are disolosed in Note
31.
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22. CA5R ANb BANK BALANC5
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
Cash at banks and on hand 8,754,751 9,635,982 63,324 47,078
3hort term deposits with linoensed banks 6,767,135 7,837,398 - -
Cash and bank balanoes 15,521,886 17,473,380 63,324 47,078
Cash at bank earns interest at toating rates based on daily bank deposit rates. 3hort term deposits are made for
varying periods of between one month and three months depending on the immediate oash requirements of the
0roup and earn interests at respeotive short term deposit rates. 1he weighted average effeotive interest rate as at 31
Maroh 2012 for the 0roup was 3.16 (2011: 3.70).
lor the purpose of the statements of oash tows, oash and oash equivalents oomprise the following at the reporting
date:
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
Cash and short term deposits 15,521,886 17,473,380 63,324 47,078
Bank overdraft (Note 23) (3,904,826) (3,348,062) - -
Cash and oash equivalents 11,617,060 14,125,318 63,324 47,078
23. LUAN5 ANb BURRUWlNG5
Greu
2012 2011
Current Maturlty RM RM
unseoureo.
Bank overdraft (Note 22) 0n demand 3,904,826 3,348,062
Bank loans:
- RM loan at 4.57 p.a. txed rate 2013 916,650 1,029,223
- RM loan at 4.55 p.a. txed rate 2013 776,384 739,465
- u3U loans at LlB0R + 0.48 p.a. 2013 494,970 488,116
- u3U loans at C0l + 0.75 p.a. 2013 1,572,738 -
- RM loan at C0l + 0.50 p.a. 2013 1,714,218 -
9,379,786 5,604,866
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23. LUAN5 ANb BURRUWlNG5 (CUN1lNUb)
Greu
2012 2011
Nen-current Maturlty RM RM
unseoureo.
Bank loans:
- RM loan at 4.57 p.a. txed rate - 987,431
- RM loan at 4.55 p.a. txed rate 2014 90,282 927,202
- u3U loans at LlB0R + 0.48 p.a. 2014 257,224 741,775
- u3U loans at C0l + 0.75 p.a. 2014 573,719 -
- RM loan at C0l + 0.50 p.a. 2014 246,465 -
1,167,690 2,656,408
1otal loans and borrowings (Note 24) 10,547,476 8,261,274
1he remaining maturities of the loans and borrowings as at reporting date are as follows:
Greu
2012 2011
RM RM
0n demand or within one year 9,379,786 5,604,866
More than 1 year and less than 2 years 1,167,690 2,656,408
10,547,476 8,261,274
Bank overdraft
Bank overdraft is denominated in RM and bears interest at BLR + 0.50 p.a..
Bank loans
1hese bank loans are subjeot to a negative pledge and are seoured by way of oorporate guarantees by the
Company.
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24. 1RAb ANb U1RR PAABL5
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
1rade ayables
1hird parties 10,873,958 11,765,029 - -
Uther ayables
1hird parties 3,013,978 1,752,590 - -
Aoorued operating expenses 3,579,168 1,602,181 233,056 234,072
Provisions 350,000 - - -
6,943,146 3,354,771 233,056 234,072
1otal trade and other payables 17,817,104 15,119,800 233,056 234,072
Add: Loans and borrowings (Note 23) 10,547,476 8,261,274 - -
1otal tnanoial liabilities oarried at amortised oost 28,364,580 23,381,074 233,056 234,072
(a) 1rade ayables
1hese amounts are non-interest bearing. 1rade payables are normally settled on oash term and on average 60
days (2011: 60 days) terms.
(b) Uther ayables
1hese amounts are non-interest bearing. 0ther payables are normally settled on an average term of 60 days
(2011: 60 days) terms.
25. bFRRb 1AX
Ueferred inoome tax as at reporting date relates to the following:
beferred tax
llabllltles beferred tax assets
Preerty, Unabserbed
lant and relnvestment
equlment allewances Uthers 1etal
RM RM RM RM
At 1 Arll 2010 10,456,869 (6,254,000) - 4,202,869
Reoognised in prott or loss 333,946 152,000 - 485,946
At 31 March 2011 and 1 Arll 2011 10,790,815 (6,102,000) - 4,688,815
Reoognised in prott or loss 69,000 421,500 (151,500) 339,000
At 31 March 2012 10,859,815 (5,680,500) (151,500) 5,027,815
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26. 5RAR CAPl1AL
Greu and Cemany Greu and Cemany
Number ef erdlnary
shares ef RM1 each Ameunt
2012 2011 2012 2011
RM RM
Autherlsed
At beginning and end of the year 100,000,000 100,000,000 100,000,000 100,000,000
lssued and fully ald
At beginning and end of the year 60,000,000 60,000,000 60,000,000 60,000,000
1he holders of ordinary shares are entitled to reoeive dividends as and when deolared by the Company. All ordinary
shares oarry one vote per share without restriotions and rank equally with regard to the Company residual assets.
21. RvALUA1lUN R5Rv5
1he asset revaluation reserves represent inoreases in the fair value of freehold land and buildings, net of tax, and
deoreases to the extent that suoh deoreases relate to an inorease on the same asset previously reoognised in other
oomprehensive inoome.
28. R1AlNb ARNlNG5
Prior to the year of assessment 2008, Malaysian oompanies adopt the full imputation system. ln aooordanoe with
the linanoe Aot 2007 whioh was gazetted on 28 Ueoember 2007, oompanies shall not be entitled to deduot tax
on dividend paid, oredited or distributed to its shareholders, and suoh dividends will be exempted from tax in the
hands of the shareholders (single tier system"). owever, there is a transitional period of six years, expiring on 31
Ueoember 2013, to allow oompanies to pay franked dividends to their shareholders under limited oiroumstanoes.
Companies also have an irrevooable option to disregard the 108 balanoe and opt to pay dividends under the single
tier system. 1he ohange in the tax legislation also provides for the 108 balanoe to be looked-in as at 31 Ueoember
2007 in aooordanoe with 3eotion 39 of the linanoe Aot 2007.
1he Company did not eleot for the irrevooable option to disregard the 108 balanoe. Aooordingly, during the transitional
period, the Company may utilise the oredit in the 108 balanoe as at 31 Maroh 2012 to distribute oash dividend
payments to ordinary shareholdings as detned under the linanoe Aot 2007. As at 31 Maroh 2012, the Company has
suftoient oredit in the 108 balanoe to pay franked dividends out of its entire retained earnings.

29. RLA1b PAR1 1RAN5AC1lUN5
(a) 5ale and urchase ef geeds and servlces
ln addition to the related party information disolosed elsewhere in the tnanoial statements, the following
signitoant transaotions between the 0roup and related parties took plaoe at terms agreed between the parties
during the tnanoial year:
2012 2011
Greu RM RM
1ransactlen wlth a cemany ln whlch a dlrecter has lnterest:
3ales of goods to 3yarikat Perniagaan Chong Mah 5,030,541 4,635,340
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29. RLA1b PAR1 1RAN5AC1lUN5 (CUN1lNUb)
2012 2011
Cemany RM RM
1ransactlen wlth a subsldlary:
Uividend inoome reoeived from 0riental lood lndustries 3dn. Bhd. 6,684,273 4,092,413
(b) Cemensatlen ef key management ersennel
1here are no other key management personnel other than exeoutive direotors. 1he remuneration of exeoutive
direotors during the tnanoial year were as disolosed in Note 9.
30. CUMMl1MN15
Capital oommitments
Capital expenditure as at the reporting date is as follows:
Greu
2012 2011
RM RM
Capital expenditure approved and oontraoted for:
Property, plant and equipment 8,133,820 3,194,109
31. FAlR vALU UF FlNANClAL lN51RUMN15
A. Falr value ef nanclal lnstrument that ls net carrled at falr value and whese carrylng ameunts are net
reasenable arexlmatlen ef falr value
2012 2011
Carrylng Falr Carrylng Falr
Nete ameunt value ameunt value
RM RM RM RM
Flnanclal asset:
Lquity instrument (unquoted), at oost 15 372,438 372,438
lnvestment in equity instrument oarried at oost (Note 15)

lair value information has not been disolosed for the 0roup's investment in equity instrument that is oarried
at oost beoause fair value oannot be measured reliably. 1his equity instrument represent ordinary shares in a
Malaysian property development oompany that is not quoted on any market and does not have any oomparable
industry peer that is listed. ln addition, the variability in the range of reasonable fair value estimates derived from
valuation teohniques is signitoant. 1he 0roup does not intend to dispose of this investment in the foreseeable
future.
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31. FAlR vALU UF FlNANClAL lN51RUMN15 (CUN1lNUb)
B. betermlnatlen ef falr value
linanoial instruments that are not oarried at fair value and whose oarrying amounts are reasonable approximation
of fair value
1he following are olasses of tnanoial instruments that are not oarried at fair value and whose oarrying amounts
are reasonable approximation of fair value:
Nete
1rade and other reoeivables 18
1rade and other payables 24
Loans and borrowings 23
1he oarrying amounts of the trade and other reoeivables and payables are reasonable approximation of their
fair values due to their relatively short maturity periods.
1he oarrying amounts of the ourrent portion of loans and borrowings are reasonable approximations of fair
values due to the insignitoant impaot of disoounting.
1he oarrying amounts of non-ourrent portion of toating rate loans and borrowings are reasonable approximations
of fair values as the interest oharge on these loans and borrowings are pegged to, or olose to, market interest
rates near or at reporting date.
lair value hierarohy
1he 0roup and the Company use the following hierarohy for determining and disolosing the fair value of tnanoial
instruments by valuation teohnique:
Level 1: uoted (unadjusted) prioes in aotive markets for identioal assets or liabilities,
Level 2: lnputs other than quoted prioes inoluded in Level 1, that are observable for asset or liability, either
direotly or indireotly, and

Level 3: lnputs for the asset or liability that are not based on observable market data (unobservable inputs).
As at reporting date, the 0roup's and the Company's tnanoial asset/(liability) measured at fair value, derivatives
oarried at fair value through prott or loss was olassited in Level 2 of the hierarohy. 1here were no transfers
between fair value measurements level during the reporting years ended 31 Maroh 2012 and 2011.
32. FlNANClAL Rl5K MANAGMN1 UBJC1lv5 ANb PULlCl5
1he 0roup and the Company are exposed to tnanoial risks arising from their operations and the use of tnanoial
instruments. 1he key tnanoial risks inolude oredit risk, liquidity risk, interest rate risk and foreign ourrenoy risk.
1he Board of Uireotors reviews and agrees polioies and prooedures for the management of these risks.
lt is, and has been throughout the ourrent and previous tnanoial years, the 0roup's polioy that no derivatives shall
be undertaken exoept for the use as hedging instruments where appropriate and oost-eftoient. 1he 0roup and the
Company does not apply hedge aooounting and there are no outstanding hedging instruments at reporting date.
1he following seotions provide details regarding the 0roup and the Company's exposure to the above-mentioned
tnanoial risks and the objeotives, polioies and prooesses for the management of these risks.
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32. FlNANClAL Rl5K MANAGMN1 UBJC1lv5 ANb PULlCl5 (CUN1lNUb)
(a) Credlt rlsk
Credit risk is the risk of loss that may arise on outstanding tnanoial instruments should a oounterparty default
on its obligations. 1he 0roup's and the Company's exposure to oredit risk arises primarily from trade and other
reoeivables. lor other tnanoial assets (inoluding investment seourity and oash and bank balanoes), the 0roup
and the Company minimises oredit risk by dealing exolusively with high oredit rating oounterparties.
1he 0roup's objeotive is to seek oontinual revenue growth while minimising losses inourred due to inoreased
oredit risk exposure. 1he 0roup trades only with reoognised and oreditworthy third parties. lt is the 0roup's polioy
that all oustomers who wish to trade on oredit terms are subjeot to oredit veritoation prooedures. ln addition,
reoeivable balanoes are monitored on an ongoing basis. lor transaotions that do not ooour in the oountry of the
relevant operating unit, the 0roup does not offer oredit terms without the approval of the direotors.
Lxposure to oredit risk
At the reporting date, the 0roup's and the Company's maximum exposure to oredit risk is represented by the
oarrying amount of eaoh olass of tnanoial assets reoognised in the statements of tnanoial position.
A nominal amount of RM33 million (2011: RM33 million) relating to a oorporate guarantees provided by the
Company to the banks on subsidiary's bank loans.
lnformation regarding oredit risk management for trade and other reoeivables is disolosed in Note 18(a).
Credit risk oonoentration protle
At the reporting date, approximately 8.9 (2011: 7.5) of the 0roup's gross trade reoeivables were due from
one (2011: one) oustomer totalling RM2.29 million (2011: RM1.48 million).
linanoial assets that are neither past due nor impaired
lnformation regarding trade and other reoeivables that are neither past due nor impaired is disolosed in Note
18.
linanoial assets that are either past due or impaired
lnformation regarding tnanoial assets that are either past due or impaired is disolosed in Note 18.
(b) Llquldlty rlsk
Liquidity risk is the risk that the 0roup or the Company will enoounter diftoulty in meeting tnanoial obligations
due to shortage of funds. 1he 0roup's and the Company's exposure to liquidity risk arises primarily from
mismatohes of the maturities of tnanoial assets and liabilities. 1he 0roup's and the Company's objeotive is to
maintain a balanoe between oontinuity of funding and texibility through the use of stand-by oredit faoilities.
1he 0roup manages its debt maturity protle, operating oash tows and the availability of funding so as to ensure
that retnanoing, repayment and funding needs are met. As part of its overall liquidity management, the 0roup
maintains suftoient levels of oash or oash oonvertible investments to meet its working oapital requirements.
ln addition, the 0roup strives to maintain available banking faoilities at a reasonable level to its overall debt
position. As far as possible, the 0roup raises oommitted funding from tnanoial institutions and balanoes its
portfolio with some short term funding so as to aohieve overall oost effeotiveness.
1he 0roup's objeotive is to maintain a balanoe between oontinuity of funding and texibility through the use of
stand-by oredit faoilities and oolleotion from oustomers.
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(b) Llquldlty rlsk (centlnued)

Analysis of tnanoial instruments by remaining oontraotual maturities
1he table below summarises the maturity protle of the 0roup's and the Company's liabilities at the reporting
date based on oontraotual undisoounted repayment obligations.
Un demand
er wlthln Une te
As at 31 March 2012 ene year ve years 1etal
RM RM RM
Greu
Flnanclal llabllltles:
1rade and other payables 17,817,104 - 17,817,104
Loans and borrowings 9,504,755 1,174,460 10,679,215
1otal undisoounted tnanoial liabilities 27,321,859 1,174,460 28,496,319
Cemany
Flnanclal llablllty:
1rade and other payables 233,056 - 233,056
As at 31 March 2011
Greu
Flnanclal llabllltles:
1rade and other payables 15,119,800 - 15,119,800
Loans and borrowings 5,748,967 2,714,133 8,463,100
1otal undisoounted tnanoial liabilities 20,868,767 2,714,133 23,582,900
Cemany
Flnanclal llablllty:
1rade and other payables 234,072 - 234,072
(c) lnterest rate rlsk
lnterest rate risk is the risk that the fair value or future oash tows of the 0roup's and the Company's tnanoial
instruments will tuotuate beoause of ohanges in market interest rates.
1he 0roup's and the Company's exposure to interest rate risk arises primarily from their loans and borrowings.
1he 0roup manages its interest rate exposure by maintaining a prudent mix of txed and toating rate borrowings
and aotively reviews its debt portfolio taking into aooount the investment holding period and nature of its
assets.
1hese information on maturity dates and effeotive interest rates of tnanoial assets and liabilities are disolosed
in their respeotive notes.
79 79
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3ensitivity analysis for interest rate risk

Based on the utilisation of toating rate loans and borrowings throughout the reporting period, if interest rates
had been 10 basis point lower (or higher), with all other variables held oonstant, the effeot of the ohanges in
the interest rates to the 0roup's prott before tax would be immaterial. 1he assumed movement in basis points
for interest rate sensitivity analysis is based on the ourrently observable market environment.
(d) Ferelgn currency rlsk
loreign ourrenoy risk is the risk that the fair value or future oash tows of a tnanoial instrument will tuotuate
beoause of ohanges in foreign exohange rates.
1he 0roup has transaotional exposures arising from sales that are denominated in foreign ourrenoies. 1he
foreign ourrenoy in whioh these transaotions are denominated is mainly united 3tates Uollars (u3U").
Approximately 20 (2011: 22) of the 0roup's gross trade reoeivables is denominated in u3U.
1he 0roup also holds oash and bank balanoes denominated in foreign ourrenoies for working oapital purposes.
At the reporting date, the 0roup's oash and bank balanoes denominated in u3U amounted to RM3,171,198
(2011: RM5,733,517).
3ensitivity analysis for foreign ourrenoy risk

1he following table illustrates the hypothetioal sensitivity of the 0roup's prott before tax to a reasonably
possible ohange in the u3U exohange rates at the reporting date against RM, assuming all other variables
remain unohanged.
lncrease,(decrease) ln
Greu's ret befere tax
2012 2011
RM RM
u3U strengthened by 3 (2011: 5) 108,225 404,733
u3U weakened by 3 (2011: 5) (108,225) (404,733)
33. CAPl1AL MANAGMN1
1he primary objeotive of the 0roup's oapital management is to ensure that it maintains a strong oredit rating and
healthy oapital ratios in order to support its business and maximise shareholder value.
1he 0roup manages its oapital struoture and makes adjustments to it, in light of ohanges in eoonomio oonditions. 1o
maintain or adjust the oapital struoture, the 0roup may adjust the dividend payments to shareholders, return oapital
to shareholders or issue new shares. No ohanges were made in the objeotives, polioies or prooesses during the years
ended 31 Maroh 2012 and 2011.
1he 0roup monitors oapital using a gearing ratio, whioh is net debt divided by total oapital. 1he 0roup's polioy is to
keep the gearing ratio within aooeptable level. 1he 0roup inoludes within net debt, loans and borrowings, trade and
other payables, less oash and bank balanoes.
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33. CAPl1AL MANAGMN1 (CUN1lNUb)
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
Loans and borrowings 10,547,476 8,261,274 - -
1rade and other payables 17,817,104 15,119,800 233,056 234,072
Less: - Cash and bank balanoes (15,521,886) (17,473,380) (63,324) (47,078)
Ner oebr 12,842,694 5,907,694 169,732 186,994
Lquity attributable to the owners of the parent 124,831,280 116,543,033 67,054,255 65,944,209
1ora| oap|ra| 124,831,280 116,543,033 67,054,255 65,944,209
Caltal and net debt 137,673,974 122,450,727 67,223,987 66,131,203
Gearlng ratle 9 5 0.3 0.3
34. 5GMN1 lNFURMA1lUN
lor management purposes, the 0roup is organised into business units based on their produots and servioes, and has
three reportable operating segments as follows:
l. Manufaoturing and marketing of snaok food and oonfeotioneries
ll. Property development
lll. lnvestment holding
Lxoept as indioated above, no operating segments have been aggregated to form the above reportable operating
segments.
Management monitors the operating results of its business units separately for the purpose of making deoisions
about resouroe allooation and performanoe assessment. 3egment performanoe is evaluated based on operating
prott or loss whioh, in oertain respeots as explained in the table below, is measured differently from operating prott
or loss in the oonsolidated tnanoial statements. 0roup tnanoing (inoluding tnanoe oosts) and inoome taxes are
managed on a group basis and are not allooated to operating segments.
1ransfer prioes between operating segments are on an arm's length basis in a manner similar to transaotions with
third parties.
81 81
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34. 5GMN1 lNFURMA1lUN (CUN1lNUb)
Manufacturlng
and marketlng Per
ef snack feed Adjustments censelldated
and Preerty lnvestment and nanclal
cenfectlenerles develement heldlng ellmlnatlens Netes statements
31 March 2012 RM RM RM RM RM
Revenue:
Lxternal oustomers 183,092,563 12,176,906 - - 195,269,469
lnter-segment - - 6,684,273 (6,684,273) A -
1otal revenue 183,092,563 12,176,906 6,684,273 (6,684,273) 195,269,469
Results:
lnterest inoome 228,849 1,936 - - 230,785
Uepreoiation of:
- Property, plant
and equipment 6,152,169 - - - 6,152,169
- lnvestment properties 15,784 - - - 15,784
0ther non-oash expenses 159,349 - - - B 159,349
3egment prott 13,182,429 3,617,229 6,169,046 (6,169,046) C 16,799,658
Assets:
Additions to
non-ourrent assets 9,086,794 - - - U 9,086,794
3egment assets 149,013,805 10,252,281 - - L 159,266,086
5egment llabllltles 31,982,239 1,924,108 - - l 33,906,347
82 82
4nnual Reurt 2012
127(6727+(),1$1&,$/67$7(0(176
Manufacturlng
and marketlng Per
ef snack feed Adjustments censelldated
and Preerty lnvestment and nanclal
cenfectlenerles develement heldlng ellmlnatlens Netes statements
31 March 2011 RM RM RM RM RM
Revenue:
Lxternal oustomers 147,674,805 1,619,960 - - 149,294,765
lnter-segment - - 4,092,413 (4,092,413) A -
1otal revenue 147,674,805 1,619,960 4,092,413 (4,092,413) 149,294,765
Results:
lnterest inoome 219,701 - - - 219,701
Uepreoiation of:
- Property, plant
and equipment 6,179,206 - - - 6,179,206
- lnvestment properties 16,192 - - - 16,192
0ther non-oash expenses 149,340 - - - B 149,340
3egment prott 10,541,980 545,768 3,475,528 (3,475,528) C 11,087,748
Assets:
Additions to
non-ourrent assets 4,673,722 - - - U 4,673,722
3egment assets 137,568,579 7,531,086 - - L 145,099,665
5egment llabllltles 28,050,259 247,238 - - l 28,297,497
A lnter-segment revenues are eliminated on oonsolidation.
B 0ther material non-oash expenses oonsist of the following items as presented in the respeotive notes to the
tnanoial statements:
2012 2011
RM RM

lmpairment loss on trade reoeivables - 53,228
lnventories written down 159,349 96,112
159,349 149,340
C 1he following items are added to/(deduoted from) segment prott to arrive at Prott before tax" presented in the
oonsolidated statement of oomprehensive inoome:
2012 2011
RM RM
Uividend inoome from inter-segment 6,684,273 4,092,413
unallooated oorporate expenses (515,227) (616,885)
6,169,046 3,475,528
83 83
4nnual Reurt 2012
127(6727+(),1$1&,$/67$7(0(176
U Additions to non-ourrent assets oonsist of property, plant and equipment.

L lnter-segment assets are deduoted from segment assets to arrive at total assets reported in the oonsolidated
statement of tnanoial position.

l lnter-segment liabilities are deduoted from segment liabilities to arrive at total liabilities reported in the
oonsolidated statement of tnanoial position.

0eographioal information
Revenue information based on the geographioal looation of oustomers are as follows:
Revenues
2012 2011
RM RM
Malaysia 107,951,720 82,922,702
Asia 56,455,491 45,329,079
Middle Last 11,546,284 8,361,090
Afrioa 1,634,298 2,884,102
Lurope 1,461,846 2,254,677
Amerioa 12,771,868 4,622,273
0thers 3,447,962 2,920,842
195,269,469 149,294,765
35. blvlbNb5
Greu and Cemany
2012 2011
RM RM
Recegnlsed durlng the nanclal year:
Uividends on ordinary shares:
- linal tax exempt dividend for 2011: 2 sen
(2010: 3.5 sen) per share 1,200,000 2,100,000
- lirst interim tax exempt dividend for 2012:
2 sen (2011: 2 sen) per share 1,200,000 1,200,000
- 3eoond interim tax exempt dividend for 2012:
2 sen (2011: 2 sen) per share 1,200,000 1,200,000
- 1hird interim tax exempt dividend for 2012:
2 sen (2011: 2 sen) per share 1,200,000 1,200,000
4,800,000 5,700,000
Preesed but net recegnlsed as a llabllltles as at 31 March 2012:
Uividends on ordinary shares, subjeot to
shareholders' approval at the A0M:
- linal tax exempt dividend for 2012: 2 sen
( 2011: 2 sen) per share 1,200,000 1,200,000
84 84
4nnual Reurt 2012
127(6727+(),1$1&,$/67$7(0(176
35. blvlbNb5 (CUN1lNUb)
At the forthooming Annual 0eneral Meeting, a tnal tax exempt dividend in respeot of the tnanoial year ended 31
Maroh 2012, of 2 on 60,000,000 ordinary shares, amounting to a dividend payable of RM1,200,000 (2 sen per
share) will be proposed for shareholders' approval. 1he tnanoial statements for the ourrent tnanoial year do not
reteot this proposed dividend. 3uoh dividend, if approved by the shareholders, will be aooounted for in equity as an
appropriation of retained earnings in the tnanoial year ending 31 Maroh 2013.
36. CUMPARA1lv5
Certain oomparatives tgures have been reolassited to oonform with ourrent year's presentation. 1he oomparative
tgures have been audited by a trm of ohartered aooountants other than Lrnst & oung.
31. AU1RURl5A1lUN UF FlNANClAL 51A1MN15 FUR l55U
1he tnanoial statements for the year ended 31 Maroh 2012 were authorised for issue in aooordanoe with a resolution
of the direotors on 2 1uly 2012.
38. 5UPPLMN1AR lNFURMA1lUN - BRAKbUWN UF RALl5b ANb UNRALl5b R1AlNb ARNlNG5
1he breakdown of the retained earnings of the 0roup and of the Company as at 31 Maroh 2012 into realised and
unrealised earnings is presented in aooordanoe with the direotive issued by Bursa Malaysia 3eourities Berhad dated
25 Maroh 2010 and prepared in aooordanoe with 0uidanoe on 3peoial Matter No. 1, Uetermination of Realised
and unrealised Protts or Losses in the Context of Uisolosure Pursuant to Bursa Malaysia 3eourities Berhad Listing
Requirements, as issued by the Malaysian lnstitute of Aooountants.
Greu Cemany
2012 2011 2012 2011
RM RM RM RM
1otal retained earnings of the
Company and its subsidiaries:
- Realised 89,265,300 80,845,256 1,523,261 413,215
- unrealised (4,348,898) (4,486,425) - -
84,916,402 76,358,831 1,523,261 413,215
Less: Consolidated adjustments (30,044,738) (29,775,414) - -
Retained earnings as per tnanoial statements 54,871,664 46,583,417 1,523,261 413,215
85 85
4nnual Reurt 2012
Authorised 3hare Capital : RM100,000,000
lssued and lully Paid-up : RM60,000,000
Class of 3hares : 0rdinary 3hares of RM1.00 eaoh
voting Rights : 0ne (1) vote Per 0rdinary 3hare
0strbuton of 5hareho|ders
5ze of 5hareho|dngs No. of 5hareho|ders % No. of 5hares %
Less than 100 22 1.8487 840 0.0014
100 - 1,000 152 12.7731 113,160 0.1886
1,001 - 10,000 782 65.7143 3,126,250 5.2104
10,001 - 100,000 189 15.8824 5,247,903 8.7465
100,001 - less than 5 of issued shares 43 3.6134 24,973,417 41.6224
5 and above of issued shares 2 0.1681 26,538,430 44.2307
1,190 100.0000 60,000,000 100.0000
Lst of 1hrty Largest 5hareho|ders

1ota| No. of
No. Name of 5hareho|ders 5hares Pe|d %
1 Uatuk 3on Chen Chuan 18,107,383 30.1790
2 3yarikat Perniagaan Chong Mah 3dn Bhd 8,431,047 14.0517
3 1hung 3hung (M) 3dn Bhd 2,889,177 4.8153
4 oo Beng Lee 2,333,821 3.8897
5 Cimseo Nominees (1empatan) 3dn Bhd
0lMB Bank for l|okoh 0orporar|on Son Bho (MY0507) 1,667,200 2.7787
6 Chen Kwok Ming 1,389,762 2.3163
7 3on 1ong Lng 1,290,124 2.1502
0lMB Bank for Koh K|n l|p (MY0502) 1,000,500 1.6675
9 Lim 3iew 0uat 913,700 1.5228
0lMB Bank for Son 1ong leong (MY1225) 900,000 1.5000
11 Lee 3iew 0eok 858,521 1.4309
12 3ummer Legend 3dn Bhd 854,400 1.4240
13 Publio Nominees (1empatan) 3dn Bhd
l|eogeo Seour|r|es 4ooounr lor l|m lwa Yu (F-KuC) 828,000 1.3800
14 Lim Keat 3ear 733,753 1.2229
15 UB (Malaysia) Nominee (Asing) 3dn Bhd
Fxempr an for Br|r|sh ano Ma|a,an 1rusrees l|m|reo (Yeoman 3-l|ghrs) 721,000 1.2017
$1$/<6,62)6+$5(+2/',1*6
A3 A1 29 1uNL 2012
86 86
4nnual Reurt 2012
1ota| No. of
No. Name of 5hareho|ders 5hares Pe|d %
16 Aftn Nominees (1empatan) 3dn Bhd
l|eogeo Seour|r|es 4ooounr for 1an Sew loe, (1an S|ew loe,) (14N6936M) 638,000 1.0633
17 Lee 1aok Ann 615,000 1.0250
18 1an 1in 1uan 530,900 0.8848
19 3ummer Legend 3dn Bhd 530,800 0.8847
20 Chew 1ee ong 428,900 0.7148
21 3on Mei Chin 404,800 0.6747
22 3on Kee 0eok 397,224 0.6620
23 Malaooa Lquity Nominees (1empatan) 3dn Bhd
l|eogeo Seour|r|es 4ooounr for Son 1ong leong 326,000 0.5433
24 0ng Chin Chien 317,600 0.5293
25 3on Chew Pheng 315,200 0.5253
26 1an 1ian 3oon 300,900 0.5015
27 Malaooa Lquity Nominees (1empatan) 3dn Bhd
l|eogeo Seour|r|es 4ooounr for loo Beng lee 300,000 0.5000
28 Publio lnvest Nominees (Asing) 3dn Bhd
Fxempr an for uUB Ka, l|an lre lro (40 0||enrs) 276,000 0.4600
29 Lim Khuan Lng 275,900 0.4598
30 1eo Kwee ook 264,700 0.4412
5ubstanta| 5hareho|ders
Name 0rect Indrect
No. of 5hares % No. of 5hares %
Uatuk 3on Chen Chuan 18,107,383 30.18 7,736,444
(1)
12.89
oo Beng Lee 2,633,821 4.39 23,210,006
(2)
38.68
Lim Keat 3ear 733,753 1.22 11,524,524
(3)
19.21
3on 1ong Leong 1,306,175 2.18 24,537,652
(4)
40.89
3on 1ong Lng 1,290,124 2.15 23,168,503
(5)
38.61
3on Kee 0eok 397,224 0.66 24,057,503
(6)
40.09
3on Chew Pheng 315,200 0.52 24,139,527
(6)
40.23
3on Mei Chin 404,800 0.67 24,049,927
(6)
40.08
Lim Keit 3en 200,400 0.33 9,164,800
(7)
15.27
Lim 3iew 0uat 913,700 1.52 11,320,224
(8)
18.87
3yarikat Perniagaan Chong Mah 3dn Bhd 8,431,047 14.05 2,462,853
(9)
4.10
1hung 3hung (M) 3dn Bhd 2,889,177 4.82 3,120,974
(10)
5.20
Lee 3iew 0eok 858,521 1.43 3,504,177
(11)
5.84
Lee 1aok Ann 615,000 1.03 12,182,645
(12)
20.30
Apendo Capital 3dn Bhd 3,900 0.01 24,686,256
(13)
41.14
3ummer Legend 3dn Bhd 1,385,200 2.31 22,047,379
(14)
36.75
$1$/<6,62)6+$5(+2/',1*6
A3 A1 29 1uNL 2012
87 87
4nnual Reurt 2012
Notes:
(1)
Ueemed interested by virtue of his direotorship in 3ummer Legend 3dn Bhd, substantial shareholdings in Apendo
Capital 3dn Bhd and shares held by his brother and ohildren.
(2)
Capital 3dn Bhd and shares held by his brother, nephews and nieoes.
(3)
Ueemed interested by virtue of his oontrolling shareholdings in 3yarikat Perniagaan Chong Mah 3dn Bhd 1hung
3hung (M) 3dn Bhd, Apendo Capital 3dn Bhd and shares held by his brother, Mr Lim Keit 3en.
(4)
Capital 3dn Bhd and shares held by his father, unole, brother and sisters.
(5)
Ueemed interested by virtue of his substantial shareholdings in Apendo Capital 3dn Bhd and shares held by his
father, unole, brother and sisters.
(6)
Ueemed interested by virtue of shares held by her family members.
(7)
Ueemed interested by virtue of his substantial shareholdings in 3yarikat Perniagaan Chong Mah 3dn Bhd and shares
held by his brother, Mr. Lim Keat 3ear.
(8)
Ueemed interested by virtue of her substantial shareholding in 3yarikat Perniagaan Chong Mah 3dn Bhd and 1hung
3hung (M) 3dn Bhd.
(9)
Ueemed interested by virtue of Mr. Lim Keat 3ear, Mr. Lee 1aok Ann, Mr. Lim Keit 3en and Ms. Lim 3iew 0uat's
shareholdings in 0ll.
(10)
Ueemed interested by virtue of Mr. Lim Keat 3ear, Mr. Lee 1aok Ann, Ms. Lim 3iew 0uat and Ms. Lee 3iew 0eok's
shareholdings in 0ll.
(11)
Ueemed interested by virtue of his oontrolling shareholdings in 1hung 3hung (M) 3dn Bhd and shares held by her
brother, Mr. Lee 1aok Ann in 0ll.
(12)
Ueemed interested by virtue of her oontrolling shareholdings in 3yarikat Perniagaan Chong Mah 3dn Bhd, 1hung
3hung (M) 3dn Bhd, Apendo Capital 3dn Bhd and shares held by his sister, Ms. Lee 3iew 0eok in 0ll.
(13)
Ueemed interested by virtue of Uatuk 3on Chen Chuan, Mr. oo Beng Lee, Mr. 3on 1ong Leong, Mr. 3on 1ong Lng,
Mr. Lim Keat 3ear and Mr. Lee 1aok Ann's shareholdings in 0ll.
(14)
Ueemed interested by virtue of Uatuk 3on Chen Chuan, Mr. oo Beng Lee and Mr. 3on 1ong Leong's shareholdings
in 0ll.
0rectors 5hareho|dngs
Name 0rect Indrect
No. of 5hares % No. of 5hares %
Bhg.1an 3ri Uato' Azizan Bin usain - - - -
Uatuk 3on Chen Chuan 18,107,383 30.18 7,736,444
(1)
12.89
oo Beng Lee 2,633,821 4.39 23,210,006
(2)
38.68
Lim Keat 3ear 733,753 1.22 11,524,524
(3)
19.21
3on 1ong Leong 1,306,175 2.18 24,537,652
(4)
40.89
3on 1ong Lng 1,290,124 2.15 23,168,503
(5)
38.61
Lim wa u 828,000 1.38 - -
Uatuk 1effery 0ng Cheng Look - - - -
Notes:
(1)
Capital 3dn Bhd and shares held by his brother and ohildren.
(2)
Capital 3dn Bhd and shares held by his brother, nephews and nieoes.
(3)
Ueemed interested by virtue of his oontrolling shareholdings in 3yarikat Perniagaan Chong Mah 3dn Bhd and 1hung
3hung (M) 3dn Bhd, Apendo Capital 3dn Bhd and shares held by his brother, Mr Lim Keit 3en,
(4)
Capital 3dn Bhd and shares held by his father, unole, brother and sisters.
(5)
Ueemed interested by virtue of his substantial shareholdings in Apendo Capital 3dn Bhd and shares held by his
father, unole, brother and sisters.
$1$/<6,62)6+$5(+2/',1*6
A3 A1 29 1uNL 2012
88 88
4nnual Reurt 2012
/,672)3523(57,(6
No.
1
2
3
4
5
6
7
8
0escrpton, Lxstng Use,
Age of u|dng and u|t Up Area
laotory oomplex, warehouse and
oftoe blook with a total built up
area of approximately 10,660
square metres. 1he age of the
buildings range from 12 to 13
years
(1)
laotory oomplex with a total
built up area of approximately
5,088.60 square metres. 1he age
of the building range from 13 to
14 years
laotory oomplex with a built up
area of approximately 4,153.2
square metres. 1he age of the
buildings are approximately 23
years
2 units of semi detaohed faotory
buildings with a total built up area
of approximately 1,587 square
metres. 1he age of the buildings
are approximately 35 years
vaoant lndustrial Land
2 units of 3-3torey 3hop 0ftoe
with a total built up area of
approximately 662.21 square
metres. 1he age of the buildings
are approximately 15 years
vaoant Land
(2)
vaoant Land
Locaton
No. 65, 1alan usaha 7,
Ayer Keroh lndustrial
Lstate, 75450 Melaka
Plot No. 96A & 96B,
1alan usaha 7, Ayer
Keroh lndustrial Lstate,
75450 Melaka
No. 127-C, 1alan usaha
9, Ayer Keroh lndustrial
Lstate, 75450 Melaka
No. 85 & 86, Ayer Keroh
lndustrial Lstate, 75450
Melaka.
Lot No. 7521 (Plot 5),
Ayer Keroh lndustrial
Lstate, Phase 4, 75450
Melaka.
No. 7, 7A & 7B and No.
9. 9A & 9B, 1alan Melaka
Raya 11, 1aman Melaka
Raya, 75000 Melaka.
Lot No. 6148, Mukim
Bukit Katil, Uaerah
Melaka 1engah, Negeri
Melaka.
Lot No. 6096, Mukim
Bukit Katil, Uaerah
Melaka 1engah, Negeri
Melaka.
Land Area
(5quare
Metres)
40,660
9,519
7,564
4,140
19,066
286
1,077
2,157
1enure
Leasehold
(99 years)
expiring on 30
May 2072
Leasehold
(99 years)
expiring on
2 3eptember
2078 & 13
1anuary 2080
respeotively
Leasehold
(99 years)
expiring 4May
2082
Leasehold
(99 years)
expiring 30
May 2072
Leasehold
(99 years)
expiring 24
May 2072
Leasehold
(99 years)
expiring 7 1uly
2093
lreehold
lreehold
0ate of
Acquston
24 Aug 2000
25 Nov 1993
12 Nov 1990

9 3ept 1998
8 3ept 1986
(No. 35)
1980
(No. 36)
10 Aug 1991
19 0ot 1992
(No. 7, 74 &7B)
21 0ot 1992
(No. 9, 94 & 9B)
4 Ueo 1999
4 Ueo 1999
Net ook
va|ue as at
31.03.2012
(PM)
14,995,505

4,005,792

2,526,189
1,321,346

2,519,438

527,187
173,895
238,576
89 89
4nnual Reurt 2012
/,672)3523(57,(6
No.
9
10
0escrpton, Lxstng Use,
Age of u|dng and u|t Up Area
3emi detaohed faotory with a
built up area of approximately
478 square metres. 1he age of
the building is approximately 6
years
(4)
Property Uevelopment
(3 3torey 3hopoftoe) on
PM 4879, Lot 19837,
Mukim Bukit Katil,
Uaerah Melaka 1engah,
Melaka.
(5)
Locaton
No. 20, 1alan 1PP 1/1A,
1aman lndustri Puohong,
Batu 12, 1alan Puohong,
47100 Puohong,
3elangor
No. P1 21067 to
P1 21101, Mukim
Bukit Katil, Uaerah
Melaka 1engah Melaka.
Land Area
(5quare
Metres)
1,407
21,020
1enure
lreehold
Leasehold
(99 years)
expiring 15
lebruary 2111
(5A)
0ate of
Acquston
10 1ul 2002
3 Apr 2006
Net ook
va|ue as at
31.03.2012
(PM)
1,432,705
4,884,369
Notes:
(1)
1he aoquisition of this property was oompleted on 15 1anuary 2001.
(2)
1he aoquisition of this property was oompleted on 6 Ueoember 2000.
(3)
1he aoquisition of this property was oompleted on 19 0otober 2000.
(4)
1he aoquisition of this property was oompleted on 6 3eptember 2004.
(5)
1he aoquisition of this property was oompleted on 10 0otober 2006.
(5A)
1he separate individual title for 33 units of shopoftoe under oommeroial oategory of land use, servioe apartment and
1NB substation with tenure of 99 years expiring 15 lebruary 2111 have been issued and registered on 16 lebruary
2012.
All the above properties (exoept for properties nos. 6, 7, 8 and 10) were revalued by Messrs C. . williams 1alhar &
wong in lebruary 2009.
90 90
4nnual Reurt 2012
1. 5hare uyback
1he Company did not make any share buybaok during the tnanoial year.
2. Amercan 0epostory Pecept (A0P) or U|oba| 0epostory Pecept (U0P) Programmes
Uuring the tnanoial year, the Company did not sponsor any AUR or 0UR programmes.
3. Imposton of 5anctons and/or Pena|tes
Uuring the tnanoial year, there were no material sanotions and/or penalties imposed on the Company and its
subsidiaries, Uireotors or Management by the relevant regulatory bodies.
4. Non-audt Iees
1he amount of non-audit fees paid to the external auditors by the 0roup for the tnanoial year ended 31 Maroh 2012
amounted to RM4,698.00.
5. varaton n Pesu|ts for the Inanca| Year
1here was no deviation of ten peroent (10) or more between the prott after tax and minority interest stated in the
announoed unaudited results and the audited tnanoial statements aooounts of the 0roup for the tnanoial year ended
31 Maroh 2012.
6. Prot Uuarantees
Uuring the tnanoial year, there was no prott guarantees given by the Company.
7. Matera| Uontracts
Lxoept for the following Agreement, neither 0ll nor its subsidiary oompanies has entered into any other oontraot
whioh are or may be material during the two (2) years preoeding the date of this Annual Report, other than oontraot
entered into the ordinary oourse of business:
3ales and Purohase Agreement dated 22 November 2010 between 0riental lood lndustries 3dn Bhd (Company
No. 38289-A) (the vendor") and Lau 0aik loon & 0oh Pei Cha (the Purohasers") for the purohase of all that
pieoe of land situated in the Mukim Krubong, Uaerah Melaka 1engah, Melaka, oontaining an area of 2007
square metres oomprised in and held under 0eran No. Pendaftaran 27669 Lot 2538, Mukim Krubong, Uaerah
Melaka 1engah, Melaka for a oash oonsideration of RM453,666.15.
8. 0ptons, Warrants or Uonvertb|e 5ecurtes
No options, warrants or oonvertible seourities were exeroised by the Company in the tnanoial year.
9. Peva|uaton of Landed Propertes
1he 0roup has adopted the polioy of regular revaluation on the 0roup's landed properties. 1he details of the
revaluation are stated in Note 2.8 and 12 of the tnanoial statements.
10. Pecurrent Pe|ated Partes 1ransactons
Pursuant to a 3hareholders' Mandate obtained on 25 August 2011, the Company and its' subsidiaries have oarried
out reourrent related party transaotions with 3yarikat Perniagaan Chong Mah 3dn Bhd for distribution and wholesales
of snaok food and oonfeotioneries produots for a total value of RM5,030,541 from the effeotive date of 3hareholders'
Mandate until the date of this Annual Report.
1he Company is seeking a renewal of the 3hareholders' Mandate for the Company and/or its subsidiaries to enter
into a Reourrent Related Party 1ransaotions with Related Parties under the 3peoial Business in the forthooming A0M.
27+(5,1)250$7,21
FORM OF PROXY
ORIENTAL FOOD INDUSTRIES HOLDINGS BERHAD
(Company No : 389769-M)
(Incorporated in Malaysia)
I/We
(Full Name in Capital Letters)
of
(Full address)
being a Member/Members of ORIENTAL FOOD INDUSTRIES HOLDINGS BERHAD hereby appoint * the Chairman of the meeting or
of
(Full address)
or failing him/her
of
(Full address)
as * my/our proxy/proxies to attend and vote for *me/us and on *my/our behalf at the 16th Annual General Meeting of the Company,
to be held at Tiara Banquet Hall, Tiara Melaka Golf and Country Club, Jalan Gapam, Bukit Katil, 75760 Melaka on Tuesday, 28 August
2012 at 2.00 p.m. and, at every adjournment thereof to vote as indicated below:
No. of ordinary shares held
Notes :
(Please indicate with an X in the space provided above on how you wish your vote to be cast. If you do not do so, the proxy will vote
or abstain from voting at this discretion.)
The proportion of my holdings to be represented by my *proxy/proxies are as follows :-
First name Proxy %
Second name Proxy %
100%
In case of a vote taken by a show of hands, the First Proxy shall vote on *my/our behalf. *Strike out whichever is not desired.
As witness my hand day of 2012.
Signature
Ordinary Business For Against
Resolution 1
Resolution
(a) Tax exempt dividend of RM0.02 per share amounting to RM1,200,000 on
60,000,000 ordinary shares of RM1.00 each.
Resolution 3
Resolution 4
Resolution 5
Resolution 6
Resolution 7

Special Business
Resolution

8

Resolution 9

Resolution 10
To receive and adopt the statutory fnancial statements for the year ended 31 March
2012 together with the Directors and Auditors Reports thereon.
To approve the payment of directors fees of RM280,000 for the year ended 31
March 2012.
To re-elect Y Bhg. Tan Sri Dato Azizan Bin Husain who retires in accordance with
Article 75 of the Companys Articles of Association.
To re-elect Datuk Son Chen Chuan who retires in accordance with Article 75 of the
Companys Articles of Association.
To re-elect Mr. Hoo Beng Lee who retires in accordance with Article 75 of the
Companys Articles of Association.
To re-appoint Messrs Ernst & Young as Auditors of the Company and to authorise the
Directors to determine their remuneration.
To authorise the Directors to issue shares pursuant to Section 132D of the Companies
Act, 1965
To approve the Proposed Renewal of Shareholders Mandate for Recurrent Related
Party Transactions of a revenue or trading nature with Syarikat Perniagaan Chong
Mah Sdn Bhd.
To approve the Proposed Amendments to the Articles of Association of the
Company.
To declare the following fnal dividend for the year ended 31 March 2012:
1. A member entitled to attend and vote at the above meeting is entitled to
appoint a proxy to attend and vote in his stead. A proxy may but need
not be a member of the Company.
2. A member may appoint more than two (2) proxies to attend at the same
meeting. Where a member appoints two (2) or more proxies, the proxies
shall not be valid unless the member specifes the proportion of his
shareholdings to be represented by each proxy.
3. The instrument appointing a proxy in the case of an individual shall be
signed by the appointor or his attorney and in the case of a corporation,
the instrument appointing a proxy or proxies must be under seal or
under the hand of an offcer or attorney duly authorised.
4. The instrument appointing a proxy shall be deemed to confer authority
to demand or join in demanding a poll.
5. The instrument appointing a proxy must be deposited a the Registered
Offce at Level 8, Symphony House, Pusat Dagangan Dana 1, Jalan PJU
1A/46, 47301 Petaling Jaya, Selangor Darul Ehsan at least forty-eight
(48) hours before the time approved for holding the meeting or any
adjournment thereof.
AFFIX
STAMP
HERE
THE COMPANY SECRETARY
ORIENTAL FOOD INDUSTRIES HOLDINGS BERHAD
(Company No : 389769-M)
Level 8 Symphony House
Block D13 Pusat Dagangan Dana 1
Jalan PJU1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Malaysia
Fold this for sealing
Fold this for sealing

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