1 (1) Euromonitor International 1.5%15 1.5%Euromonitor InternationalEuromonitor International
120 21 25 71.7%69.1%85.3% 59.4%77.3%
Euromonitor International 1.5%151.5% 1 15) 2) 221,859 72.6 207,258 87.8 366,482 84.6 431,605 84.6 173,022 81.6 333,508 89.7 159,224 80.7 431,605 84.6 173,022 81.6 335,508 89.7 28,703 7.7 28,703 7.7 157,525 51.5 158,204 67.0 277,234 64.0 308,669 60.5 113,658 53.6 246,404 65.9 119,030 60.3 308,669 60.5 113,658 53.6 246,404 65.9 64,078 21.0 49,054 20.8 89,248 20.6 122,936 24.1 59,364 28.0 60,401 16.1 40,194 20.4 122,936 24.1 59,364 28.0 60,401 16.1 3) 256 0.1 83,604 27.4 28,689 12.2 65,034 15.0 61,671 12.1 32,063 15.1 26,100 7.0 36,345 18.4 61,671 12.1 32,063 15.1 26,100 7.0 4 1,800 0.4 16,759 3.3 7,107 3.3 12,259 3.3 1,800 0.9 16,759 3.3 7,107 3.3 12,259 3.3 305,463 100.0 235,947 100.0 433,316 100.0 510,035 100.0 212,192 100.0 373,867 100.0 197,369 100.0 510,035 100.0 212.192 100.0 373,867 100.0 (1) Global Milk SingaporeGlobal Milk Singapore IA IB (2) (3)
(4) 755 18 (5) Global Milk Singapore Global Milk SingaporeGlobal Milk Singapore
4353 197.4510.0 373.9 1 305.5235.9 54.1133.5108.4 84.756.1 31,011 GMP ISO9001:2008 (1) 197.4
2927 31 (a) (b) (c)
4353 (i) (ii) 1.3 25%
300 (i)100 (ii)300 (i) (ii)
ISO9001:2008 GMP
30 120 21
22
67 120
350.0150.0 180.0 20.0
17 (i) (ii) (iii)
1 89.2%7.0% 65.9% (1) Euromonitor International 1.5%15 1.5%Euromoniter InternationalEuromonitor International
1 15) 2) 221,859 72.6 207,258 87.8 366,482 84.6 431,605 84.6 173,022 81.6 333,508 89.7 159,224 80.7 431,605 84.6 173,022 81.6 335,508 89.7 28,703 7.7 28,703 7.7 157,525 51.5 158,204 67.0 277,234 64.0 308,669 60.5 113,658 53.6 246,404 65.9 119,030 60.3 308,669 60.5 113,658 53.6 246,404 65.9 64,078 21.0 49,054 20.8 89,248 20.6 122,936 24.1 59,364 28.0 60,401 16.1 40,194 20.4 122,936 24.1 59,364 28.0 60,401 16.1 3) 256 0.1 83,604 27.4 28,689 12.2 65,034 15.0 61,671 12.1 32,063 15.1 26,100 7.0 36,345 18.4 61,671 12.1 32,063 15.1 26,100 7.0 4 1,800 0.4 16,759 3.3 7,107 3.3 12,259 3.3 1,800 0.9 16,759 3.3 7,107 3.3 12,259 3.3 305,463 100.0 235,947 100.0 433,316 100.0 510,035 100.0 212,192 100.0 373,867 100.0 197,369 100.0 510,035 100.0 212.192 100.0 373,867 100.0 (1) Global Milk SingaporeGlobal Milk Singapore IA IB (2) (3) (4) 755 18
(5) Global Milk Singapore Global Milk SingaporeGlobal Milk Singapore (DHA)(ARA)α β
6 612 1236 42 42
1 6 900 18 DHAARA ) 398-612 900 18 DHAARA ) 398-1236 900 18 DHAARA ) 398-900 18 DHA 42 398
1 42 900 18 DHA 398 (1) 28.77.7% 190.4 618 1236
636 636
1 1 400 900 18 78 198 DHA ARA - L- 2 18 400 900 18 78 198 DHA ARA - 3 1236 400 900 18 78 198 DHA ARA - - 1 6 400 900 18 65 158 DHA ARA -
1 2 636 400 900 18 65 158 DHA ARA - 3 400 900 18 65 158 DHA ARA - 1 6 400 900 18 38 128-2 636 400 900 18 38 128 3 400 900 18 38 128 -
1 400 900 18 65 188 DHA - (1) 1 900 18 98 (1) 246.465.9% 3,426.8
6 636 1 1 400 900 18 25 98 DHAARA - L-
1 2 36 400 900 18 25 98 DHAARA - L- 3 400 900 18 25 98 DHAARA - 350375 12 350 14 375 15.5 375 12 15.6 400 18 24 400 18 21 AD 400 18 24 AD 400 18 24 (1)
60.416.1% 1,735.0 25 1 25 12 350375 12 35014 37515.5 (1) 26.17.0% 1,059.8
120 21
1 14 14 33 41 41 2 1 2 16 32 32 3 2 3 15 34 34 4 3 13 13 17 19 67 120 120 (1) (2) (3) (4)
19 67120 71.7%69.1%85.3% 59.4%77.3% (a)(b)(c) (d)(e)(f) (i)(ii)
10% 10% 17% 3%25 17%5% 17%5% 25 3%
(a) (b)(c) (d) (e) 17%0.01%0.03% 25 30 17 19 67 120 120 1 12 15 16 21 20 (1)
0.3%0.3%0.7%0.1% 181,512 59.4 323,846 74.7 352,324 69.1 318,732 85.3 116,018 38.0 124,946 28.8 60,974 12.0 34,200 9.1 1 123,951 40.6 107,670 24.9 140,952 27.6 42,876 11.5 (1)
(1) 14 154,763 50.7 14 229,785 53.0 33 185,384 36.3 41 138,191 37.0 (2) 1 7,588 2.5 2 34,506 8.0 16 88,450 17.3 32 74,778 20.0 (3) 2 19,160 6.3 3 59,555 13.7 15 63,502 12.5 34 76,704 20.5 (4) 3 14,987 2.9 13 29,058 7.8 17 181,511 59.4 19 323,846 74.7 67 352,323 69.1 120 318,731 85.3 (1) (2) (3) (4)
77 42.1%
1.5%2.2%4.1% 3.7%4.5% 6.4%4.0%2.1% 28.9%16.2%9.2% 13.6%6.0% 41.4%29.3% 5%
10 36 1010 64.0%33.9%43.7%
33.9%(i) 2,1501,880 (ii) (iii) 53.0%58.2% 10% 1,0802.0%
9.0%13.6% 18.1%27.7% 46.3%42.6% 18.9% 12.5% 42.1%36.2% 5% 30% 14A.11(4) 33.4 13.6% 14A.11(4) 188,447.352340,174.61
60,000.00822,574.85 GMP GMP GMP GMP GMP GMP Global Milk Singapore Global Milk Singapore 1,66930025
1,293 Euromonitor International 35106 8,921 8,128 10,337 8,816 10,337 8,801 6,882 5,791 91.1 85.3 85.1 84.1 8 1 3,960 400 11,680 3,667 7,776 3,696 10.1 31.4 47.5 9 2 3,398 3,002 88.3
3 (1) (2) (3) (4) (a) 292(i) (ii) (b) 11.8% (5) (i)(ii) (6) (i)150 30029211.8% (ii) 40292 31,011 10,337
(7) (a) 10,337292 (b) 40 (8) 15025211.8% (9) 4097 (10)
36 46 46 652035
2927 31 6 GMP ISO9001:2008
(CIP) 109 22 (i)
400400(ii) 400 Euromonitor International678,580 656,6003.2% (i) (ii) (i)(ii) (iii)
49.9% 46.9% 57.3% 53.5%3.8% 3.7% 51.2% 71.4% 84.6% 89.7%
(a)(b) (c) 2448
1224 22
36,00074,000104,00058,000
ISO90012008 (GMP)
ISO90012000 ISO220002005 AD
500 74 221 160 11 29 6 501
248,447.3531 62,749.46 98.2
0.2
10,00050,000
Euromonitor International 40%