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New Business Segment (Diversification into Beverages)

 

On the 1st Day of August, 2015, Mun Xin Sdn Bhd has signed a sub-distributorship Agreement with Yee Lee Marketing Sdn Bhd.Yee Lee Marketing Sdn Bhd is the exclusive distributor for the leading mineral water brands like Spritzer, Cactus, Spritzer Pop and Spritzer Tinge.

 

News and Update 2015

Fonterra Brands (M) Sdn Bhd appointment for Chilled & Frozen Products

 

OFonterra Brands (Malaysia) Sdn Bhd has recently appointed Mun Xin Sdn Bhd as a Distributor for chilled and frozen dairy products in the Seremban and Malacca including Muar in the State of Johore. This is an extension of our current ambience milk powder product range to the chilled and frozen dairy products. The distributorship agreement commences on 1st December, 2015.

 

Announcements

 

Mun Xin Marketing Sdn Bhd, a 100% owned subsidiary company has ceased operations on the Antongcafe business segment on 1st April, 2014. The cessation of the Antongcafe business segment does not materially impact the Group Financial Affairs.  

 

Mun Xin Sdn Bhd Leadership Conference 2013/14

 

Our Company held its 5th Leadership Conference at the Bukit Jalil Golf & Country Resort Club on the 6th December, 2013. The theme for 2014 was “ The Journey Begins….. to creating a Better Tomorrow”

 

 Recognition And Awards

 

Our Company was awarded the “ Gold Award for Outstanding Achievement” by KL SOGO in 2014.

 

 

Fonterra Brands Malaysia National Conference 2014

 

Fonterra Brands Malaysia National Conference 2014 was held at The Palace of The Golden Horses  on 5th – 7th August, 2014.

 

 Diversification into Energy Drink Beverages

 

On 1st October, 2015 our New Principal Yee Lee Marketing Sdn Bhd has been appointed as exclusive distributor for the Red Bull and Red Bull International brands by Allexcel Trading Sdn Bhd.

 

As a result of this strategic business tied up between Allexcel Trading Sdn Bhd and Yee Lee Marketing Sdn Bhd, thereon Mun Xin Sdn Bhd has been appointed as a sub-distributor for the territory areas as specified within the geographical areas of Bandar Mahkota Cheras, Balakong, Kajang, Seri Kembangan, Bangi, Semenyih, Cyberjaya and Putrajaya.The sub-distributorship commences on 1st October, 2015 to 31st September, 2017 ( i.e. a 2 years term duration) of which can be extended by a formal letter and/ or an agreement of extension.

 

The diversification into the beverages segment will augers well for the Company in terms of revenue growth and sustainability for the next few years.

 

 

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