Mamee-Double Decker (M) Berhad is a Malaysia-based investment holding company, engaged in the provision of management services to subsidiary companies. The Company, along with its subsidiaries, is engaged in manufacturing and marketing of food and dairy products, and soft drinks. On January 29, 2010, the Company announced the cessation of its wholly owned subsidiary, MDD-Double Decker Foods (Suzhou) Co. Ltd. On January 29, 2010, the Company announced the disposal of its interest in MDD Bulk Foods Sdn Bhd. In April 2010, the Company ceased operations of its Nicolet confectionery business segment.
The Company's subsidiaries include Pacific Food Products Sendirian Berhad, which is engaged in manufacturing and marketing of food products; MDD Beverage Sdn Bhd, which is engaged in manufacturing, marketing, and contract packing of soft drinks, and Mamee-Double Decker ICT Sdn Bhd, which is engaged in provision of information system management and motor vehicle rental services.
a) Board of director
1. Datuk Pang Chin Hin
Datuk Pang, age 80, a Malaysian, is the executive Chairman of the company. He was appointed to the Board on 3 Augus 1991.
He is also a member of the Options Committee. Under his stewardship over the past 40 odd years, the Group has grown from a small family concern into one of the largest local instant noodles and snack food manufacturers in Malaysia. In addition to possessing an intimate knowledge of production and machinery, he has extensive connections with both local and overseas machinery suppliers. He also holds directorship in several private limited companies. He is the father of Datuk Pang Tee Chew and Datuk Pang Tee Nam, both of whom are Executive Directors and substantial shareholders of the Company. He is also the father of the late Mr Pang Tee Suan, a substantial shareholder of the Company. He is deemed interested in recurrent related party transactions, of which a Shareholders'