Silver Bird Annual Report

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Annual Report 2010

SHAREHOLDERS

Relationship Value

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ENVIRONMENT

INNOVATION

Responsibility

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Satisfaction

SILVER BIRD GROUP BERHAD
(277977-X)

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Conservation

Creativity

Ingenuity

EM PL O Y EE
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CONTENTS
Corporate Structure Corporate Information 5-Year Group Financial Highlights Corporate Social Responsibility Chairman’s Statement Group Managing Director’s Message Director’s Profile Statement on Corporate Governance Audit Committee Report Syariah Panel’s Report Statement on Internal Control Statement of Directors’ Responsibility in Respect of the Preparation of the Financial Statements Financial Statement Analysis of Ordinary Shareholdings and Warrants Notice of Annual General Meeting Statement Accompanying Notice of Annual General Meeting Proxy Form 2 3 4 5 6 8 10 17 23 26 28 30

31 83 87 90 enclose

Silver Bird Group Berhad

CORPORATE STRuCTuRE (OPERATING SubSIDIARIES)

Group Berhad

100%

100%

100%

International Sdn Bhd

Confectionery Sdn Bhd

Group Sdn Bhd

100%

Foods (S) Pte. Ltd. 100% 100%

Marketing Sdn Bhd

Bakeries Sdn Bhd

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Annual Report 2010

Silver Bird Group Berhad

CORPORATE INFORMATION
BOARD OF DIRECTORS Dato’ Dr Gan Khuan Poh (Chairman/Independent Non-Executive Director) Dato’ Jackson Tan Han Kook (Group Managing Director) Ching Siew Cheong (Group Executive Director) Lim Hock Chye (Independent Non-Executive Director) Richard George Azlan bin Abas (Independent Non-Executive Director) Dato’ Seri Talaat bin Husain (Independent Non-Executive Director) Peter John McLoghlin (Non-Independent Non-Executive Director) Dato’ Lee Kok Chuan (Non-Independent Non-Executive Director) Adi Azuan bin Abdul Ghani (Non-Independent Non-Executive Director) Vanda Russell Gould (Non-Independent Non-Executive Director) (Alternate Director to Peter John McLoghlin) AUDIT COMMITTEE Richard George Azlan bin Abas Chairman Lim Hock Chye Member Dato’ Lee Kok Chuan Member NOMINATION COMMITTEE Dato’ Dr Gan Khuan Poh Chairman Richard George Azlan bin Abas Member Dato’ Seri Talaat bin Husain Member REMUNERATION COMMITTEE Lim Hock Chye Chairman Peter John McLoghlin Member Richard George Azlan bin Abas Member SYARIAH PANEL Datuk Abu Hasan Din Al Hafiz Chairman Dato’ Hj Kamaruddin bin Hj Zakaria Member Associate Prof. Dr Siti Salwani binti Razali Member Dato’ Seri Talaat bin Husain Member COMPANY SECRETARY Tan Fong Shian @ Lim Fong Shian (MAICSA 7023187) REGISTERED OFFICE Silver Bird Complex Lot 72, Persiaran Jubli Perak Seksyen 21, 40300 Shah Alam Selangor Darul Ehsan Tel: 03-5192 2888 Fax: 03-5192 4293 Email : investor@stanson-high5.com Website : www.silverbird.com.my AUDITORS Crowe Horwath Level 16, Tower C Megan Avenue II 12 Jalan Yap Kwan Seng 50450 Kuala Lumpur PRINCIPAL BANKERS Malayan Banking Berhad CIMB Bank Berhad Hong Leong Bank Berhad United Overseas Bank (M) Berhad RHB Bank Berhad SHARE REGISTRAR Berjaya Registration Services Sdn Bhd Lot 06-03, Level 6 (East Wing) Berjaya Times Square No. 1 Jalan Imbi 55100 Kuala Lumpur Tel : 03-2145 0533 Fax: 03-2145 9702 STOCK EXCHANGE LISTING Main Board of Bursa Securities WEBSITE www.silverbird.com.my

Annual Report 2010

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Silver Bird Group Berhad

5-YEAR GROuP FINANCIAl HIGHlIGHTS
Financial Year Ended 31 October RM’000 Revenue Revenue Growth Operating Profits / (Loss) Profit / (Loss) Before Tax Profit / (Loss) After Tax PAT Growth Total Shareholders’ Fund No of Share in Issue Net Margin (%) Net Assets Per Share (sen) Gearing (net of cash) 2010 593,505 1% 10,396 3,644 3,644 75% 197,374 386,682 0.1 50.0 0.47 2009 588,890 -8% 8,711 1,436 1,433 107% 142,399 314,180 0.2 45.3 0.88 2008 638,563 5% (14,431) (23,134) (21,275) -32% 141,810 314,117 (3.3)...
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