Heng Hup Holdings Limited 興合控股有限公司 ( 於開曼群島註冊成立的有限公司 ) 股份代號 :1891 年度報告 2018
2 4 5 6 8 13 20 31 47 51 52 54 55 56 102 105 106 107 108 109
Sia Kok Chin Sia Keng Leong Sia Kok Chong Sia Kok Seng Sia Kok Heong Sai Shiow Yin Puar Chin Jong Chu Kheh Wee Sai Shiow Yin Puar Chin Jong Chu Kheh Wee Sai Shiow Yin Puar Chin Jong Chu Kheh Wee Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands No. 264, Jalan Satu A Kampung Baru Subang Shah Alam Selangor Malaysia 3 21 Sia Kok Chin Sai Shiow Yin Chu Kheh Wee Ng Wing Yan(ACIS, ACS) Sia Kok Chin Sia Kok Heong 2018 2
Conyers Trust Company (Cayman) Limited Cricket Square, Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 183 22 Level 8, Wisma Hong Leong No.18, Jalan Perak 50450 Kuala Lumpur Malaysia No.48, Jalan PJU 518 Dataran Sunway, Kota Damansara 47810 Petaling Jaya Selangor Darul Ehsan Malaysia 1891 www.henghup.com 3 2018
1,000,000 800,000 739,428 894,405 600,000 400,000 200,000 429,564 378,529 2015 2016 2017 2018 2018 2017 2016 2015 % % % % 785,527 87.8 613,342 82.9 315,095 83.3 383,799 89.3 79,250 8.9 69,484 9.4 45,499 12.0 32,541 7.6 23,212 2.6 24,474 3.3 12,614 3.3 12,042 2.8 6,416 0.7 32,128 4.4 5,321 1.4 1,182 0.3 894,405 100.0 739,428 100.0 378,529 100.0 429,564 100.0 2018 2017 2016 2015 894,405 739,428 378,529 429,564 58,394 53,791 31,710 35,643 32,273 30,956 16,058 18,600 24,622 23,111 12,051 13,672 580,911 519,069 375,998 464,955 155,487 159,154 128,098 124,512 38,089 88,778 80,833 81,298 117,398 69,983 47,148 43,087 2018 4
21% 6.5% 894.4 24.6 Heng Hup Metal - Chiho Recycling(Malaysia)Sdn Bhd. 32 Sia Kok Chin 5 2018
35,000 Melaka Selangor Johor 3318 20 519,069580,911 82.9% 87.8% 12.7% 11.5% Melaka 1,436 2018 6
Heng Hup Holdings Limited Heng Hup (BVI) Limited ( HH BVI ) (100%) Heng Hup Holdings (Malaysia) Sdn Bhd ( HH Holdings ) (100%) Heng Hup Metal Sdn Bhd ( HH Metal ) (100%) Heng Hup Hardware (M) Sdn Bhd ( HH Hardware ) (100%) Heng Hup Metal (Johor) Sdn Bhd ( HH Johor ) (100%) Heng Hup Paper (Melaka) Sdn Bhd ( HH Paper Melaka ) (100%) Heng Hup Paper Sdn Bhd ( HH Paper ) (100%) Heng Hup Metal-Chiho Recycling (Malaysia) Sdn Bhd (49%) 7 2018
Sia Kok Chin 45 Sia Keng Leong 55 Sia Kok Chong 53 Sia Kok Seng 49 Sia Kok Heong 43 Sai Shiow Yin 36 Puar Chin Jong 48 Chu Kheh Wee 48 Sia Kok Chin 45 Sia kok Chin Sia Kok ChinHeng Hup Hardware Sia Kok ChinHH BVI HH Holdings HH Metal HH Paper HH Paper Melaka HH Hardware HH JohorSia Kok Chin 16 Sia Kok Chin Sia Kok Chin Sekolah Menengah Jenis Kebangsaan Seg Hwa Sia Kok Chin Sia Kok Chin Sia Keng Leong Sia Kok Chong Sia Kok Seng Sia Kok Heong Goh Eng Kiat Sia Kok Chin Sia Keng Leong 55 Sia Keng LeongHeng Hup Hardware Sia Keng LeongHH BVI HH Holdings HH Metal HH Paper HH Paper Melaka HH Hardware HH Johor Heng Hup HardwareSia Keng Leong 14 Sia Keng Leong HH Hardware HH Paper Melaka Sia Keng Leong Sekolah Menengah Jenis Kebangsaan Seg Hwa 2018 8
Sia Keng Leong Sia Kok Chin Sia Kok Chong Sia Kok Seng Sia Kok Heong Goh Eng Kiat Sia Keng Leong Sia Kok Chong 53 Sia Kok ChongHeng Hup Hardware Sia Kok ChongHH BVI HH Holdings HH Metal HH Paper HH Paper Melaka HH Hardware HH Johor Heng Hup HardwareSia Kok Chong 21 Sia Kok Chong HH Johor Sia Kok ChongSekolah Menengah Jenis Kebangsaan Seg Hwa Sia Kok Chong Sia Kok Chin Sia Keng Leong Sia Kok Seng Sia Kok Heong Goh Eng Kiat Sia Kok Chong Sia Kok Seng 49 Sia Kok Seng Heng Hup Hardware Sia Kok SengHH BVI HH Holdings HH Metal HH Paper HH Paper Melaka HH Hardware HH Johor Heng Hup Hardware Sia Kok Seng 21 Sia Kok SengHH Paper HH Metal Sia Kok SengSekolah Menengah Jenis Kebiangsaan Seg Hwa Sia Kok Seng Sia Kok Chin Sia Keng Leong Sia Kok Chong Sia Kok Heong Goh Eng Kiat Sia Kok Seng Sia Kok Heong 43 Sia Kok Heong HH HardwareSia Kok HeongHH BVI HH Holdings HH Metal HH Paper HH Paper Melaka HH JohorSia Kok Heong 12Sia Kok HeongHH Hardware HH Paper Melaka Sia Kok HeongInstitut Teknologi Pertama Sia Kok Heong Sia Kok Chin Sia Keng Leong Sia Kok Chong Sia Kok Seng Goh Eng Kiat Sia Kok Heong 9 2018
Sai Shiow Yin 36 Sai Sai Sai SaiAtalian Global Services Sdn. Bhd. SaiAppraisal Property Management Sdn. Bhd. Jones Lang LaSalle Sai SunPower Solar Malaysia Sdn. Bhd SaiJones Lang LaSalle (VIC) Pty Ltd Telstra SaiKnight Frank Australia Pty Ltd Sai Puar Chin Jong 48 Puar Puar Puar PuarS P Setia Project Management Sdn. Bhd. S P Setia Berhad Bursa Malaysia Securities Berhad PuarRHB Investment Bank Berhad Bursa Malaysia Securities Berhad Puar Alliance Investment Bank Berhad Bursa Malaysia Securities Berhad Puar 2018 10
Chu Kheh Wee 48 Chu ChuChu ChuExecutive Prosight Resources ChuD Tiara Corp. Sdn. Bhd. AIM Chu K W Chu Trading Services ChuOil-Line Engineering and Associates Sdn. Bhd.OilCorp Berhad ChuTenaga Nazar (M) Sdn. Bhd. OilCorp Berhad Chu Worthy Builders Sdn. Bhd. ChuChase Perdana Berhad Chu Golden Plus Builders Sdn. Bhd. Golden Plus Holdings Berhad ChuWorthy Builders Sdn. Bhd. Chase Perdana Berhad Golden Plus Builders Sdn. Bhd. Chu Goh Eng Kiat 60 Lee Heng Wai 38 Goh Eng Kiat 60 HH Johor Melaka Johor GohSeg Hwa N.T. Goh Goh Sia Kok Chin Sia Keng Leong Sia Kok Chong Sia Kok Seng Sia Kok Heong Sia Goh 11 2018
Lee Heng Wai 38 Lee Universiti Utara Malaysia Lee Lee Abbvie Sdn. Bhd. Lee EITA Electric Sdn. Bhd. Lee Bursa Malaysia Securities Berhad Lee 2018 12
894.4 2017739.4 21.0 24.6 2017 23.1 580,911 2017519,069 11.9 2018 0.5 250,000,000 80.8 2.8 3.732% 7.5 7.1 10.2% 2.1% 9.7% 20186 32 16 13 2018
18.6% 11.0% 501.5 743.2 10.3% 10.8% a. 7.1 8.8%12 b. A 5.7 7.1% Selangor Melaka I c. 1.9 2.3% d. B B Pahang 9.0 11.1% e. Selangor Selangor 12.6 15.6% Selangor f. 36.4 45.1% 2018 14
894.4 739.4 21.0% 2.6% 8.9% 0.7% 9.4% 3.3% 4.4% 87.8% 82.9% 2018 2017 (a)11.9%(b) 14.4% A 513,588 686,799 514,107 607,613 B 46,592 67,015 9,677 15,762 11,054 15,951 4,962 5,729 580,911 785,527 519,069 613,342 15 2018
53.858.4 6.5% 7.3% 97 98 1.1 100,000 7.6 11.2 15.9 24.2 7.2 24% 23.7% 25.3%23.7% 9.3 5% 8.3 9.3 11.0 10.5 2018 16
24.6 22.8 4.0 1.7 0.1 0.2 3.9 2.8 36.1 41.1 5.5 8.2 3.9 2.8 36.1 41.1 5.5 8.2 117.4 70.0 87.9 63.2 99.4 55.1 10.8 21.2 10.7 12.5 17 2018
0.10.2 HH Metal 2.0 1.1 10,470 10,618 3,412 3,654 1,686 5,232 7,103 19,114 23,061 2.4 50 2018 18
78% 88% 19 2018
A.2.1 10 A.6.4 2018 20
Sia Kok Chin Sia Keng Leong Sia Kok Chong Sia Kok Seng Sia Kok Heong Sai Shiow Yin Puar Chin Jong Chu Kheh Wee 3.10(1) 3.10(2) 3.10(2) A.5.6 8 11 9 8 7 6 3 1 51 60 2 5 4 3 2 1 0 5 7 41 50 31 40 5 1 21 2018
A.6.5 Sia Kok Chin Sia Keng Leong Sia Kok Chong Sia Kok Seng Sia Kok Heong Sai Shiow Yin Puar Chin Jong Chu Kheh Wee Sia Kok Chin Sia Keng Leong Sia Kok Chong Sia Kok Seng Sia Kok Heong Sai Shiow Yin Puar Chin Jong Chu Kheh Wee 2018 22
A.2.1 A.2.1Sia Kok Chin Sia Kok Chin 14 3 23 2018
Sia Kok Chin 2/2 Sia Keng Leong 2/2 Sia Kok Chong 2/2 Sia Kok Seng 2/2 Sia Kok Heong 2/2 Sai SHiow Yin 2/2 Puar Chin Jong 2/2 Chu Kheh Wee 2/2 2018 24
Sai Shiow Yin Puar Chin Jong Chu Kheh Wee Sai Shiow Yin 1/1 Puar Chin Jong 1/1 Chu Kheh Wee 1/1 Sia Kok Chin Sai Shiow Yin Chu Kheh Wee 25 2018
Sia Kok Chin 1/1 Sai Shiow Yin 1/1 Chu Kheh Wee 1/1 Sai Shiow Yin Puar Chin Jong Chu Kheh Wee 2018 26
Sai Shiow Yin 1/1 Puar Chin Jong 1/1 Chu Kheh Wee 1/1 8 12 96 97 47 50 102 104 27 2018
C.2.1 C.2.5 C.3.3 PwC PwC 80 Ng Wing Yan Ng Wing Yan Lee Heng Wai Ng Wing Yan 3.29 Ng Wing Yan3.29 15 3.29 2018 28
(http:// www.henghup.com) 12.3 21 21 29 2018
183 22 (852) 2980 1066 (852) 2262 7584 www.tricorglobal.com www.henghup.com Sia Kok Chin Sia Kok Heongir@henghup.com.my+603 7845 2292 2018 30
2 3 6 7 11 1.1 1.1 1.1 5 13 19 3 51 105 31 2018
4 0.50 250,000,000 42.1 80.8 30.0 50.8 87.4% ( : 82.2%) 95.7%: 97.2% 4.8% ( : 4.3%) 19.0% 15.9% 5% 2018 32
14 21 9 54 107 23 33 2018
Sia Kok Chin Sia Keng Leong Sia Kok Chong Sia Kok Seng Sia Kok Heong Sai Shiow Yin Puar Chin Jong Chu Kheh Wee 8 12 2018 34
(i) (ii) (iii)(iv) (v) (vi) (vii) (viii) 100,000,000 10100,000,000 12 1 1 12 (a) 0.1 (b)5,000,000 10 (i) (ii) (iii) 1.00 21 35 2018
3.13 2018 36
109 103 30 XV 7 8 352 XV (i)xv7 8 37 2018
(ii)352 (iii) 1 Sia Kok Chin 750,000,000 75% (L) Sia Keng Leong 750,000,000 75% (L) Sia Kok Chong 750,000,000 75% (L) Sia Kok Seng 750,000,000 75% (L) Sia Kok Heong 750,000,000 75% (L) (1) L (2) Sia Brothers Sia Brothers5S Holdings 510,000,000Sia Brothers 48,000,000 Sia Brother 750,000,000510,000,000 192,000,00048,000,000 XV 352 2018 38
XV2 3 336 336XV2 3 1 5S Holdings 510,000,000 (L) 2 Koo Lee Ching 750,000,000 (L) 2 Loh Hui Mei 750,000,000 (L) 3 Peong Ai Teen 750,000,000 (L) 4 Yang Mei Feng 750,000,000 (L) 5 Juan Sook Fong 750,000,000 (L) 6 51% 75% 75% 75% 75% 75% (1) L (2) Koo Lee Ching Sia Kok Chin Koo Lee ChingSia Kok Chin (3) Loh Hui Mei Sia Keng Leong Loh Hui MeiDatuk Sia Keng Leong (4) Peong Ai Teen Sia Kok Chong Peong Ai TeenSia Kok Chongis (5) Yang Mei Feng Sia Kok Seng Yang Mei FengSia Kok Seng (6) Juan Sook Fong Sia Kok Heong Juan Sook FongSia Kok Heong XV2 3 336 39 2018
5S Holdings, Sia Kok Chin Sin Keng Leong Sia Kok Chong Sia Kok Heong 14A14A 2018 40
(a) HH Hardware Melaka I HH HardwareSia Keng Leong Sia Kok Chong Sia Kok Seng Sia Kok HeongHH Hardware HH Hardware Sia Keng Leong Sia Kok Chong Sia Kok Seng Sia Kok HeongPM14, Lot 695, Mukim Cheng, Melaka, Malaysia Melaka I Melaka HH Hardware 10,000 HH Hardware HH Hardware HH Hardware 2019 2020 2021 120,000 120,000 120,000 PM 14, Lot 695, Mukim Cheng, Melaka, Malaysia Melaka HH Hardware HH HardwareMelaka 41 2018
(b) HH Paper Melaka Melaka II HH Paper MelakaSia Kok HeongHH Paper Melaka HH Paper Melaka Sia Kok HeongPN 20151, Lot 4862, Mukim Cheng, Melaka, Malaysia Melaka IIMelaka HH Paper Melaka 3,800 HH Paper (Melaka)HH Paper Melaka HH Paper Melaka HH Paper (Melaka) 2019 2020 2021 45,600 45,600 45,600 PN 20151, Lot 4862, Mukim Cheng, Melaka, MalaysiaMelaka HH Paper (Melaka) HH Paper MelakaMelaka 2018 42
14A14A (a) Long Hin Recycle & Trading Sdn. Bhd. Long Hin Long Hin Long Hin Long Hin Long Hin Long Hin Long Hin Long Hin 2019 2020 2021 0.4 0.5 0.6 (b) Lek Seng Lek Seng Metal Sdn. Bhd. Lek Seng Lek Seng Metal Sdn. Bhd. Lek Seng Lek Seng Metal Sdn. Bhd. Lek Seng Lek Seng Metal Sdn. Bhd. 14A.81 14A.82 Lek Seng Lek Seng Metal Sdn. Bhd. Lek Seng Lek Seng Lek Seng Metal Sdn. Bhd. 2019 2020 2021 40.0 million 45.0 million 50.0 million 43 2018
(c) Chye Seng Huat Trading Chye Seng Huat Sdn. Bhd. Soon Lee Metal Sdn. Bhd. Chye Seng Huat Trading Chye Seng Huat Sdn. Bhd. Soon Lee Metal Sdn. Bhd.Chye Seng Huat Trading Chye Seng Huat Sdn. Bhd. Soon Lee Metal Sdn. Bhd. Chye Seng Huat Trading Chye Seng Huat Sdn. Bhd. Soon Lee Metal Sdn. Bhd. 14A.81 14A.82 Chye Seng Huat Trading Chye Seng Huat Sdn. Bhd. Soon Lee Metal Sdn. Bhd. Chye Seng Huat Trading Chye Seng Huat Trading Chye Seng Huat Sdn. Bhd. Soon Lee Metal Sdn. Bhd. Chye Seng Huat Trading 2019 2020 2021 RM 35.0 40.0 45.0 1. 2. 29 11 14A 2018 44
29 11 14A 14A HH Metal 2.0 1.251.25 A.2.1 Sia Kok Chin Sia Kok Chin 20 30 25% 45 2018
13.9127 4:30 Sia Kok Chin 2018 46
51 101 22 : +852 2289 8888, :+852 2810 9888, www.pwchk.com 47 2018
2.2 5 894,405,000 2018 48
49 2018
2018 50
5 894,405 739,428 8 (836,011) (685,637) 58,394 53,791 6 129 1,073 7 9,387 253 8 (11,234) (7,570) 8 (24,198) (15,905) 32,478 31,642 10 433 224 10 (638) (910) (205) (686) 32,273 30,956 11 (7,651) (7,845) 24,622 23,111 24,622 22,835 276 24,622 23,111 56 101 51 2018
14 18,657 17,386 15 4,052 3,654 25 53 22,762 21,040 16 8,794 8,542 17 113,127 97,870 29 8,773 18 5,232 7,103 19 5,572 14,140 132,725 136,428 20 1,686 155,487 159,154 21 112,313 6,750 (82,826) 87,911 63,233 117,398 69,983 24 393 117,398 70,376 2018 52
23 763 382 23 3,981 6,409 25 636 4,744 7,427 22 26,536 28,346 841 3,761 23 371 196 23 5,597 5,525 29 6,382 29 37,141 33,345 81,351 38,089 88,778 155,487 159,154 51 101 Sia Kok Chin Sia Kok Seng 56 101 53 2018
A 6,750 40,398 47,148 117 47,265 22,835 22,835 276 23,111 6,750 63,233 69,983 393 70,376 6,750 63,233 69,983 393 70,376 24,622 24,622 24,622 56 56 (393) (337) 1.2(iv)) 1.2(vi)) 82,826 (82,826) 1.2(viii)) 22,737 22,737 22,737 105,563 (82,826) 56 22,793 (393) 22,400 112,313 (82,826) 87,911 117,398 117,398 A 82,826,000 Heng Hup Holdings (Malaysia) Sdn. Bhd. 1.1 56 101 2018 54
31 9,309 16,979 (11,260) (5,389) (1,951) 11,590 14 (2,667) (981) 15 (419) (73) 31 175 225 31 465 433 224 1,871 (202) (142) (807) (638) (849) 31 1,982 31 (2,356) (3,492) 31 (1,001) 2,479 (1,693) (251) 24 (337) (6,025) (131) 13,458 2,806 (8,118) 10,652 19 5,340 13,458 56 101 55 2018
1 1.1 Heng Hup Metal Sdn. Bhd. Heng Hup Paper Sdn. Bhd. Heng Hup Paper (Melaka) Sdn. Bhd. Heng Hup Hardware(M) Sdn. Bhd Heng Hup Recycle Sdn. Bhd. Heng Hup Metal (Johor) Sdn. Bhd (i) Heng Hup Holdings(Malaysia) Sdn. Bhd. Sia (ii) Heng Hup Hardware(M) Sdn. Bhd. Goh Eng KiatHeng Hup Metal (Johor) Sdn. Bhd. 20% 337,000 Heng Hup Metal (Johor) Sdn. Bhd.20% Heng Hup Hardware (M) Sdn. Bhd. (iii) 5S Holdings(BVI) LimitedSia 2,0005S Holdings (BVI) Limited Sia Kok Chin Sia KengLeong Sia Kok Chong Sia Kok Seng Sia Kok Heong 5,0001,2501,2501,2501,250 2018 56
1 1.1 (iv) 5S Holdings (BVI) Limited5S Holdings (BVI) Limited Sia6,799640 (v) Heng Hup (BVI) Limited 10,000 (vi) a) Heng Hup Holdings(Malaysia) Sdn. Bhd. Sia Heng Hup Paper Sdn. Bhd. 5 Heng Hup Holdings (Malaysia) Sdn. Bhd. 1 Sia I I b) Heng Hup Holdings(Malaysia) Sdn. Bhd. Sia Heng Hup Paper (Melaka) Sdn. Bhd. 5 Heng Hup Holdings (Malaysia) Sdn. Bhd. 1 Sia II II c) Heng Hup Holdings(Malaysia) Sdn. Bhd. Heng Hup Hardware (M) Sdn. Bhd.Heng Hup Metal (Johor) Sdn. Bhd. 1 Heng Hup Holdings (Malaysia) Sdn. Bhd. d) Heng Hup Holdings (Malaysia) Sdn. Bhd. Sia Heng Hup Hardware (M) Sdn. Bhd. 5 Heng Hup Holdings (Malaysia) Sdn. Bhd. 1 Sia III III e) Heng Hup Holdings(Malaysia) Sdn. Bhd. Sia Heng Hup Metal Sdn. Bhd. 5 Heng Hup Holdings (Malaysia) Sdn. Bhd. 1 Sia IV IV Heng Hup Holdings (Malaysia) Sdn. Bhd. (vii) Heng Hup Holdings (Malaysia) Sdn. Bhd. Heng Hup Holdings (Malaysia) Sdn. Bhd.50 57 2018
1 1.1 (viii) a) Heng Hup Metal Sdn. Bhd. Sia Sia 27,989,000 (i) 7,845,000 Sia (ii) SiaMy Santuariee Sdn. Bhd. 5S Foods & Beverages Sdn. Bhd. 5S Battery Sdn. Bhd. Solid Lift Sdn. Bhd. 5S Resources Sdn. Bhd. 5S Unity Properties Sdn. BhdSia Heng Hup Metal Sdn.Bhd.8,817,000 (iii) 20.9 Heng Hup Metal Sdn. Bhd. 541,959 Heng Hup Holdings (Malaysia) Sdn. Bhd. (iv) 73,536 Heng Hup Holdings (Malaysia) Sdn. Bhd. 31Sia b) Heng Hup Hardware (M) Sdn. Bhd. Sia14,194,000 (i) 2,650,000 Sia (ii) Sia5S Unity Properties Sdn. Bhd. Heng Hup Hardward Sia Heng Hup Hardware (M) Sdn. Bhd.133,311 (iii) 7.32 Heng Hup Hardware(M) Sdn. Bhd. 1,558,774 Heng Hup Holdings (Malaysia) Sdn. Bhd. (iv) 73,536 Heng Hup Holdings (Malaysia) Sdn. Bhd. 31Sia (ix) Heng Hup (BVI) Limited Sia Heng Hup Holdings (Malaysia) Sdn. Bhd. 5 Heng Hup (BVI) Limited Heng Hup Holdings (Malaysia) Sdn. Bhd. Heng Hup (BVI) Limited 2018 58
1 1.1 Heng Hup (BVI) Limited 50,000 100% (i) 1 Heng Hup Holdings (Malaysia) Sdn. Bhd. Heng Hup Metal Sdn. Bhd. Heng Hup Paper Sdn. Bhd. Heng Hup Paper (Melaka) Sdn. Bhd. Heng Hup Hardware (M) Sdn. Bhd. ( Heng Hup Recycle Sdn. Bhd.) Heng Hup Metal (Johor) Sdn. Bhd. 1,560 100% 100% (ii) 3,541,959 100% 100% (ii) 1,000,000 100% 100% (ii) 250,000 100% 100% (ii) 4,058,774 100% 100% (ii) 250,000 100% 80% (ii) (i) (ii) PricewaterhouseCoopers PLT, Malaysia 1.2 1.1 SiaSia 59 2018
1 1.2 Sia 24 (a) (b) 56,000 24 Sia Sia 1.3 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands 5S Holdings (BVI) Limited Sia Kok Chin Sia Keng Leong Sia Kok Chong Sia Kok Seng Sia Kok HeongSia 2018 60
2 2.1 4 9 15 9 15 18 11 9 15 61 2018
2 2.1 9 15 (a) 10 28 28 19 9 16 23 1 8 3 17 2018 62
2 2.1 9 15 (a) (i) 16 16 17 2.24 27(b)) 4,000 27(b)) 0.1% 16 63 2018
2 2.2 2.3 2018 64
2 2.4 (a) (b) 2.5 60 94 2% 10% 20% 10% 40% 20% 10% 2.8 65 2018
2 2.6 2.7 2.7 50 99 2.8 2018 66
2 2.9 2.9.1 2.9.2 2.9.3 2.10 67 2018
2 2.11 9 12 2.12 2.13 2.9.2 2.11 2018 68
2 2.14 2.15 2.16 2.17 12 2.18 69 2018
2 2.19 2018 70
2 2.20 (a) (b) (a) (b) 37 12 (c) (d) 2.21 71 2018
2 2.22 2.23 2.24 2.25 2018 72
3 3.1 (a) (i) (ii) 100 96,000 119,000 100 100 37,000 23,000 73 2018
3 3.1 (b) (i) 2018 74
3 3.1 (b) (ii) 9 1% 78% 88% (iii) 12 12 75 2018
3 3.1 (c) 1 5,944 3,831 6,772 1 228 404 18,458 6,382 37,141 68,153 4,235 6,772 1 5,896 2,569 2,969 1 433 818 26,536 32,865 3,387 2,969 1 2018 76
3 3.2 23 23 23 10,712 12,512 117,398 70,376 9% 18% 4 (a) 77 2018
5 (a) (b) (c) 10% 1 278,624 292,133 2 95,459 64,574 3 203,992 160,362 4 78,976 82,178 2018 78
6 59 952 10 19 60 102 129 1,073 Melaka 453,000 184,000 7 370,00016 314,000 7 146 225 9,274 (39) (3) 6 31 9,387 253 79 2018
8 829,227 679,679 9 15,985 15,548 2,356 2,304 137 172 30 8,302 1,152 7,052 4,363 8,384 5,864 871,443 709,112 9 14,574 14,095 1,042 1,186 369 267 15,985 15,548 30(a) 10 433 224 (538) (801) (69) (49) (31) (60) (638) (910) (205) (686) 2018 80
11 24% 24% 15% 5% 7,639 7,695 464 8,103 7,695 201 8,304 7,695 25 (689) 150 36 (653) 150 7,651 7,845 24% 24% 32,273 30,956 7,746 7,429 1,466 416 (1,762) 201 7,651 7,845 12 81 2018
13 1.1 14 11,623 7,973 1,930 10,157 292 31,975 (829) (4,153) (912) (7,608) (131) (13,633) 10,794 3,820 1,018 2,549 161 18,342 10,794 3,820 1,018 2,549 161 18,342 827 440 8 46 1,321 (176) (1,196) (516) (370) (16) (2,274) (1) (2) (3) 10,618 3,450 940 2,187 191 17,386 11,623 7,805 2,249 10,165 338 32,180 (1,005) (4,355) (1,309) (7,978) (147) (14,794) 10,618 3,450 940 2,187 191 17,386 10,618 3,450 940 2,187 191 17,386 27 1,735 275 1,591 74 3,702 (6) (24) (30) (176) (805) (213) (1,130) (39) (2,363) (38) (38) 10,469 4,342 996 2,624 226 18,657 11,650 9,031 2,338 10,911 432 34,362 (1,181) (4,689) (1,342) (8,287) (206) (15,705) 10,469 4,342 996 2,624 226 18,657 (a) 10,469,000 10,618,000) 26 2018 82
14 833 846 1,530 1,428 2,363 2,274 2,667 981 1,035 340 3,702 1,321 2,179 5,486 (401) (2,667) 1,778 2,819 2 5 83 2018
15 3,654 5,297 419 73 (21) (30) 20 (1,686) 4,052 3,654 (i) 210,000 (ii) 26 (iii) 5,000 19,0006 (iv) (v) 4,450,000 4,310,000 16 8,794 8,542 829,227,000 679,679,000 2018 84
17 96,028 81,256 1,021 280 4,263 1,220 11,654 15,114 161 113,127 97,870 0 90 0 30 64,792 59,781 31 60 7,227 9,258 61 120 19,877 2,111 120 4,132 10,106 96,028 81,256 9 95,906 81,256 122 96,028 81,256 85 2018
18 5,232,000 7,103,000 19 5,572 14,140 5,495 14,048 77 92 5,572 14,140 5,572 14,140 23 (232) (682) 5,340 13,458 2018 86
20 1,686 1,331,000 10,495,000 145,000Sia Kok Chin 145,000 210,000Sia 320,000 26 21 1.3 Sia 87 2018
22 10,692 14,681 713 4,917 7,610 10,927 5,342 26,536 28,346 10,692 13,200 1,481 10,692 14,681 0 30 10,555 12,506 31 60 137 831 61 120 846 120 498 10,692 14,681 2018 88
23 a 3,981 6,409 b 763 382 4,744 6,791 a 489 710 b 371 196 19 232 682 4,876 4,133 5,968 5,721 10,712 12,512 Sia 23,762,000 23,061,000 26 27,514,000 28,395,000 14,802,000 13,857,000 Sia 89 2018
23 (a) 489 710 429 683 1,222 1,885 2,330 3,841 3,981 6,409 4,470 7,119 % % 5.29-7.85 5.35-7.85 1,837,000 3,134,000 2018 90
23 (b) 1 433 228 1 5 818 404 1,251 632 (117) (54) 1,134 578 1 371 196 1 5 763 382 1,134 578 (c) 1 70% % % 5.26-5.45 4.98-6.49 91 2018
24 393 117 276 a (393) 393 (a) Heng Hup Metal(Johor) Sdn. Bhd. 337,000Heng Hup Metal (Johor) Sdn. Bhd. 20% Heng Hup Metal (Johor) Sdn. Bhd. 337,000 393,000 56,000 25 53 (636) (486) (150) (636) 689 53 2018 92
26 10,470 10,618 3,412 3,654 1,686 5,232 7,103 19,114 23,061 27 (a) 481 2,429 (b) 1 1 1 1 5 3 3 4 4 93 2018
28 81,736 8,773 7,103 14,140 111,752 105,989 5,232 5,572 116,793 12,512 18,458 6,382 37,141 74,493 10,712 26,536 37,248 2018 94
29 5S Holdings(BVI) Limited 68% 32% Sia Kok Seng Sia Kok Chin Sia Keng Leong Sia Kok Heong Sia Kok Chong (a) 6 21 (4,923) (5,895) Sia1.1(viii) 1,686 (b) 30(a) (c) 8,773 6,382 37,141 43,523 1.1 95 2018
30 622 383 622G (a) Sia Kok Seng 72 1,088 340 116 1 1,617 Sia Kok Chin 72 1,097 340 120 1 1,630 Sia Keng Leong 72 1,174 340 37 1 1,624 Sia Kok Heong 72 1,175 340 37 1 1,625 Sia Kok Chong 72 1,186 340 84 1 1,683 360 5,720 1,700 394 5 8,179 Sia Kok Seng 72 772 986 172 1 2,003 Sia Kok Chin 72 772 947 172 1 1,964 Sia Keng Leong 72 772 640 172 1 1,657 Sia Kok Heong 72 772 644 172 1 1,661 Sia kok Chong 72 772 641 163 1 1,649 360 3,860 3,858 851 5 8,934 2018 96
30 622 383 622G (b) (c) (d) (e) Sai Shiow Yin Puar Chin Jong Chu Kheh Wee 97 2018
31 32,273 30,956 638 910 (433) (224) 2,356 2,304 (146) (225) (9,274) 39 3 25,453 33,724 (252) (6,567) (13,566) (7,230) (1,810) 3,769 (516) (6,717) 9,309 16,979 2018 98
31 29 146 225 175 225 1,686 9,274 (10,495) 465 1,073 11,866 34,662 47,601 1,982 2,479 4,461 (835) (2,657) (3,492) 340 61 401 578 11,252 37,141 48,971 578 11,252 37,141 48,971 1,035 1,035 (628) (1,674) (1,001) (3,303) 149 (36,140) (35,991) 1,134 9,578 10,712 1.1(viii)) 36,140,000 99 2018
32 39 * 39 * 33 (110) (110) 64 85 149 39 *50 Sia Kok Chin Sia Kok Seng 2018 100
33 * (110) (110) (110) (110) *50 34 Heng Hup Metal Sdn. Bhd. 976 2.0 1.251.25 1.1 101 2018
105 122 22 : +852 2289 8888, :+852 2810 9888, www.pwchk.com 2018 102
103 2018
2018 104
5 (123,589) (123,589) 6 (123,589) (123,589) 109 122 105 2018
8 39,176 39,176 9 50 (123,589) (123,539) 64,309 10 98,406 162,715 39,176 105 122 Sia Kok Chin Sia Kok Seng 109 122 2018 106
50 50 (123,589) (123,589) 50 (123,589) (123,539) 109 122 107 2018
Note RM (123,589) (123,589) 64,309 (59,280) 9 50 11 98,406 98,456 39,176 8 39,176 109 122 2018 108
1 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1-1111, Cayman Islands 5S Holdings (BVI) Limited Sia Kok Chin Sia Keng Leong Sia Kok Chong Sia Kok Seng Sia Kok HeongSia Heng Hup Metal Sdn. Bhd. Heng Hup Paper Sdn. Bhd. Heng Hup Paper (Melaka) Sdn. Bhd. Heng Hup Hardware(M) Sdn. Bhd Heng Hup Recycle Sdn. Bhd. Heng Hup Metal (Johor) Sdn. Bhd Heng Hup (BVI) Limited 10,000 2 2.1 4 109 2018
2 2.1 (a) 10 28 28 19 9 16 23 1 8 3 17 2.2 2018 110
2 2.2 2.3 (a) (b) 111 2018
2 2.4 2.4.1 2.4.2 2.4.3 2.5 2.6 9 2018 112
2 2.6 12 2.7 2.8 2.9 2.10 113 2018
2 2.10 2.11 2018 114
3 3.1 (a) (i) (ii) (b) (c) 115 2018
3 3.1 (c) 1 64,309 98,406 3.2 3.3 4 2018 116
5 123,589 123,589 6 7 39,176 64,309 98,406 117 2018
8 39,176 9 10,000 100 50 10,000 100 50 380,000 38,000,000 0.01 Sharon Pierson 5S Holdings (BVI) Limited6,799 5S Holdings (BVI) Limited 640 Sia 380,000 38,000,000 0.01 20,000,000 2,000,000,000 0.01 749,990,000 0.01 7,499,900 250,000,000 125,000,000 2018 118
10 11 5S Holdings(BVI) Limited 68% 32% Sia Kok Seng Sia Kok Chin Sia Keng Leong Sia Kok Heong Sia Kok Chong (a) (b) (c) 98,406 119 2018
12 (a) 39,126 50 39,176 9 50 (b) (110,148) (110,098) 64,309 84,965 149,274 39,176 Sia Kok Chin Sia Kok Seng 2018 120
12 (a) Heng Hup (BVI) Limited 100% (b) (110,148) (110,148) 121 2018
13 622 383 622G (a) (b) (c) (d) (e) 14 2018 122