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• Revenue: +35.2% (2H08), +51.3% (FY08)
• Net Profit: +266.7% (2H08), +341.3% (FY08)
• Press Release: Top and bottom-lines at record levels
• Earnings Per Share increases 252.2% to 16.2 RM sen
• Board recommends attractive one-tier tax-exempt final dividend of 1.3 Singapore cents per share
• Including interim dividend payout, total dividend payout for FY2008 is 1.6 Singapore cents per share
• Outlook: The next 12 months will be extremely treacherous for most businesses as demand falls and global recession looms if not already arrived.
• The Group foresee for those businesses involved in the lower end consumer food segment eg Dairies Division, will be more defensive compared to those that are involved in the higher end food market segment eg the Frozen Food and Nutrition Divisions.

FINANCIAL RECORDS

Revenue (MYR '000)

FY 1H 2H Total
2008 271,719 320,616 592,335
2007 154,360 237,151 391,511
2006 92,201 140,969 233,170
2005 61,960 88,089 150,049
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Earnings (MYR '000)

FY 1H 2H Total
2008 10,490 29,806 40,296
2007 1,004 8,128 9,132
2006 3,425 1,489 4,914
2005 6,236 4,274 10,510
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Dividends

FY Interim Final Special (SGD)
2008 0.003 0.013 NA
2007 NA 0.005 NA
2006 0.002 0.002 NA
2005 NA 0.0035 NA
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Bonus / Rights / Stock Split

Date Type Details
2007-04-10 Rights 4RS1WTFOR10SH OFFER OF 4 FOR 10 @ $0.095
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Share Data (MYR)

NAV = $0.453
EPS = $0.162 (12M FY08)
Diluted EPS = $0.151 (12M FY08)
No of Shares = 250,244,470
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NRA Buy $0.23 25 Nov 08