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morning-run · the-breakfast-grille · 9 Jul 2012 · 25 mins listen
In this 2012 interview, F&N CEO Dato' Ng Jui Sia discusses:
- The loss of Coke - September 2011 - progress - planning for future;
- Whether F&N is in for a “massive restructuring” (as he did for the Malaysian soft drinks business over a 6-year period from 2000 - 2006);
- Competition - Coke - spent nearly a billion ringgit to build their own 30-acre plant in Nilai to sell Coke and Sprite on their own;
- Strategies: other franchises - expanding soft drinks portfolio;
- Marketing - strategy - ad spend - mediums;
- Dairies - Malaysia - Update;
- Reasons --- continuous revenue decline in past three quarters;
- Raw materials costs rising - hedging - outlook - issues;
- Pulau Indah plant -- scheduled for commissioning 2H 2012 - whether on track;
- Implications: production, earnings, staffing;
- Green attributes - whether translation to bottom-lines, cost-savings due the water and energy conservation;
- Dairies Thailand - floods - timeline - return to pre-flood levels;
- Property gain - PJ Section 13 land - launch - GDV;
- Financial issues - capital expenditure - dividends - outlook - special dividends.
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