BACKGROUND OF COMPANY

Central Sugars Refinery (CSR) commenced business in 1965 under the name of "United Malay
State Sugar Industries" with an initial raw melting capacity of 150 metric tonnes a day. Today,
after decades of expansion and modernization, the refinery achieves a melting capacity of 1,800
metric tonnes a day - a singular feat that can be solely attributed to the dedication and
commitment of our employees.

Situated at Batu Tiga, Shah Alam in Selangor with a land area of about 66,320 sq. metres (16.4
acres), CSR was initially led by a group of Taiwanese investors when it was established. The
major controlling stakeholders, however, were Malaysians, who comprised more than 55% of the
shareholding.

HISTORY OF COMPANY

In 1968, a corporate maneuver resulted in the takeover of the Company by Malayan United
Industries Berhad (known as MUI). Central Sugars Berhad (CSB) was thus listed as a public-
listed company under the flagship of the MUI Group of Companies with a paid-up share capital
of RM30 million floated in the then Kuala Lumpur Stock Exchange (KLSE).

Subsequently, in early 1983, CSB was de-listed from the KLSE Main Board due to a corporate
maneuver by Perbadanan Nasional Berhad (PNB). On March 23rd 1983, Central Sugars Refinery
Sdn Bhd (CSRSB) was incorporated to take over CSB assets. The holding company is
Tradewinds (M) Berhad, a public-listed company on the Main Board of Bursa Malaysia.

CSRSB's authorized capital is RM50 million with a paid-up capital of RM33 million.