Minutes - AGM 11th March 2015

Minutes of the 5th Annual General Meeting of
Persatuan Pesara Nestlé Malaysia (Malaysia Nestlé Retirees Association)

 

Date   : Wednesday, 11th March 2015      Time   : 10:00 am
Venue   : 1st Floor, MAGGI® Kitchen, Nestlé Head Office, Menara Surian,  

                No. 1, Jalan PJU 7/3, Mutiara Damansara, 47810, Petaling Jaya, Selangor   

                Darul Ehsan

Total Attendance : 54  members

Present:        

                 1.   Abd Rahman Bin Senayan         28. Lim Kim Sun      
                 2.   Ariffin Buranudeen                      29.  Lim Ping
                 3.   Azizah Amir Hamzah                  30. Loke Woh Kam
                 4.   Ayahkanu A/L Ammavasai         31. Loo Toon Yong
                 5.   Chan Chiau Khiang                    32. Lye Fook Keong, Roger
                 6.   Chan Yee Onn                           33. Manonmany A/P Kuppusamy  
                 7.   Cheng Chong Hua                     34. Mohd Naim Bin Ismail  
                 8.   Choy Tsoi Fook                          35. Mohd Shah Bin Hashim
                 9.   Chong Min Sin                            36. Nazariah Zambahari
                10.   Foong Yoke Chun                      37. Ng Ah Ngan                     
                11.  G.D.P. Rama Rao                       38. Ng Poh Ann, Johnny
                12.  Goh Seng Chai                           39. Ooi Yu Peck
                13.  Kasavan A/L Periakaruppan       40. Oong Ping Tiong
                14.  Koh Dau Kwang                          41. Seow Yok Kuan
                15.  Keong Pau Tin, Joseph               42. Taib Bin Hashim
                16.  Kuah Cheng Hock                       43. Tay Chiang Lip
                17.  Khoo Boo Keong                         44. Teh Soh Hoon
                18.  Khoo Liew Poh (Datin Teoh)       45. Teo Yoke Lan
                19.  Lau Phaih Yean                           46. Teoh Gim Eong
                20.  Lee Chin Neer                             47. Tan Ah Liap, Shirley
                21.  Lee Chee Poo                              48. Toh Seng Tong, Simon
                22.  Leong Kok Way                            49. Wang Kang Hai
                23.  Leong Ming Chee                         50. Yahaya Bin Osman
                24.  Lim Cheng Yee                            51. Yang Kalsom Binti Mohd Omar          
                25.  Lim Chin Aik                                 52. Yong Chin Yeng    . 
                26.  Lim Ewe Seng                              53. Zaiton Mohammad 
                27.  Lim Ho Choy                                 54. Nimal Koswanage - (Honorary Member)

 

By Special Invitation: 
           Mr. Alois Hofbauer, Managing Director, Nestlé (Malaysia) Bhd
           Ms. Uzma Qaiser Butt, Group Human Resource Director, Nestlé Products Sdn. Bhd.

QUORUM
Before the commencement of the meeting, the Hon Asst Secretary confirmed that there was enough quorum for the meeting as per the attendance stated above. The meeting commenced at 10.00am

1. Address by the President

The President, Ms Leong Ming Chee welcomed  Mr. Alois Hofbauer, Managing Director, Nestlé (Malaysia) Bhd,  and Ms. Uzma Qaiser Butt, Group Human Resource Director and all the members before presenting the agenda for the meeting.

2. Address by Mr. Alois Hofbauer, Managing Director, Nestlé (Malaysia) Bhd.

Mr Alois Hofbauer, gave a very comprehensive review on the company performance in 2014, that in spite of the very tough year the company managed to gain market share and for the first time is a leader in confectionary segment. He also informed us the opening of the new PET bottle factory and has extended the invitation for the retirees to visit the factory. Another new technology that was introduced in Malaysia and the first for Nestlé is the new NESCAFÉ 3 in 1 blend and brew.

For 2015, Mr Alois said that it is going to be a tough year with the higher US$ exchange rate and the implementation of the GST on 1st April 2015. Since Nestlé products has no or minimum sales tax, the GST will result in an increase of price by 4-6 % for our range of products.

3. Address by Ms. Uzma Qaiser Butt, Group Human Resource Director.

Ms Uzma started off with the 3 questions that was presented to her :

   1. Will there be an adjustment in our Pension?
       There will be Board of Trustees meeting on 24th March and this subject will be discussed.  The outcome will be informed to MNRA a week after the meeting.

   2. Changes in the pension fund?
       If there are any changes in the fund, it will not affect the existing pensioners, it will only take effect on the new pensioners.

   3. How is the pension fund managed?
       The fund is guided by IRB and the investment is done with the assistance from NCA ( Nestle Capital Advisory)  The pension fund is managed by Schroders.   In the event, that there is a shortfall in the pension fund, Nestle Malaysia will top up.
   
  Questions from the floor which Ms Uzma said that she will look into it :

(a)  Mr Lim Chin Aik – Requested the Management to look into a higher adjustment for older retirees due to inflation as their payout was lower at the time they retired.

(b) Encik Taib bin Hashim – Staff shop to give better discount for retirees (compared to employees) and to offer part time work for retirees due to their experience.

(c) Puan Nazariah Zambahari – Suggested that company comes out with an updated document/pamphlet for retirees spouse/dependent on their benefits.

(d) Encik Mohd Shah bin Hashim  – suggested a town hall meeting with all retirees on pension as they were not aware that a briefing on pension was on the agenda.

(e) Mr Oong Ping Tiong who heard that dependent of the retirees will only be able to get a lump sum if the retirees is deceased, which Ms Uzma clarified that it is not the case as dependent can still enjoy the pension.
              

 4. Presentation by Ms Leong Ming Chee

Ms Leong presented on the 2014 activities:

    Recruitment drive – 12.2% increase, from 359 to 403 members which achieved our target of 400. The biggest increase came from Penang, Perak and East Coast.

    Changes in committee members – resignation of Tuan Hj Nawi bin Sidek and Encik Taib bin Hashim.  Lau Phaih Yean has been invited to the committee in Dec 2014 and subsequently as Acting Secretary in Jan- Feb 2015

 

Activities for 2014 includes the following :

• Hi Tea organised at the Bukit Kiara Equestrian Club 16th May 2014
• MNRA Bowl for Fun which is a big success for the 2nd year running where Members and Nestlé
• Employees come together
• Launch of MNRA in Kuantan where the member has increased from 1 to 10
• MNRA Kuching  celebrates 2nd year with members and invitees
• MNRA Malacca  Lunch at Restaurant LTP
• MNRA Johore Local Chapter 29th Nov 2014 Introduces health checks for members 
• MNRA Penang Elects new Chairman and Secretary

 

Ms Leong also thanked each member on the Management Committee for their passion and good efforts in ensuring we had a successful year. Everyone without fail contributed,  based on their own expertise and networking.

5. Confirmation of the Minutes of the 4th General Meeting held on 14th  March 2014

 

The Minutes of the Third Annual General Meeting held on 14th March 2014 at 10:00 am at Nestlé Head Office, Menara Surian, 22-1, No. 1 Jalan PJU 7/3, Mutiara Damansara, 47810 Petaling Jaya, was taken as read, duly confirmed and unanimously adopted, as proposed by Mr Lim Chin Aik and seconded by Mr Rama Rao.

6. To receive and adopt the Third Annual Report for the period 1st January to 31st December 2014

Cik Zaiton Mohammad, Hon Asst Secretary,  tabled the Third  Annual Report ending 31st December 2014 on behalf of the Management Committee after which, the Report was unanimously adopted, as proposed by Encik Mohd Shah bin Hashim and seconded by Mr. Leong Kok Wai.

7. To receive and adopt the Audited Statement of Accounts ending 31st December 2014

Hon Treasurer, Mr. Lim Ho Choy, tabled the Audited Statement of Accounts for the period ending 31st December 2014 for discussion and approval.

The  Audited Statement of Accounts ending 31st December 2014 was unanimously adopted, as proposed by Mr Kasavan A/L Periakaruppan and seconded by Puan Yang Kalsom.   

8. MNRA Constitution

Mr Goh Seng Chai voiced that any amendment to the Constitution cannot be done today as members are not informed on these changes before the meeting. Hence, for changes to take place, we should have an EGM or be done in the next AGM.

The President, Ms Leong Ming Chee, noted and thanked Mr Goh Seng Chai for the suggestion.

Both Mr Goh Seng Chai and Encik Mohd Shah Hashim have offered their services to look into the preparation  on the amendments to the Constitution. Ms Leong noted and will take this into consideration.

Mr Goh Seng Chai also requested that his name be spelt correctly and to be amended in the last Minutes. This was noted by Ms Leong.

9. Election of New Committees for 2015-2017

Ms Leong Ming Chee was unanimously re-elected to be the President.

She was nominated by Mr Lim Ewe Seng, seconded by Mr Chan Chiau Khiang and the nomination was closed by Mr Kasavan A/L Periakaruppan.

Encik Ariffin Buranudeen was re-elected to be the Vice President.

He was nominated by Mr Chan Chiau Khiang, seconded by Mr Kasavan A/L Periakaruppan and the nomination was closed by Mr Rama Rao.

Ms Lau Phaih Yean was elected the new Honorary Secretary.

She was nominated by Encik Taib bin Hashim, seconded by Cik Zaiton Mohammad. The nomination was closed by Encik Mohd Naim bin Ismail.

Ms Teoh Gim Eong is the new Assistant Honorary Secretary.

She was nominated by Ms Lau Phaih Yean seconded by Encik Taib bin Hashim and the nomination closed by Mr Lee Chee Poo.

Mr Lim Ho Choy  was re-elected to be the Treasurer.

He was nominated by Ms Leong Ming Chee, seconded by Mr Simon Toh and the nomination closed by Mr Goh Seng Chai.

The following are the new committees members :

 

Name                           Nominated  by          Seconded                      Nomination Close

Puan Yang Kalsom      Ms Leong Ming Chee   Pn Azizah Amir Hamzah    Encik Ariffin 
                                                                                                                      Buranudeen
Cik Zaiton Mohamad    Mr Rama Rao               Mr Lim Chin Aik               Ms Lau Phaih Yean
Mr Chong Min Sin        Mr Lim Ewe Seng          Mdm Teoh Gim Eong      Mr Lee Chee Poo
Mr.Kuah Cheng Hock   Mr Lim Ho Choy            Mr Chan Chiau Khiang    Mr Rama Rao
Mr Lee Chee Poo        Mr Chan Chiau Khiang  Mr Simon Toh                 Puan Yang Kalsom
Mr Rama Rao               Encik Taib Hashim        Encik Mohd Naim Bin Ismail    Mr Johhny Ng

MNRA Management Committee 2015-2017 are thus confirmed as follows:

President                                Ms Leong Ming Chee
Vice President                        En Ariffin Buranudeen
Honorary Secretary                Ms Lau Phaih Yean
Asst Secretary                        Ms Teoh Gim Eong
Treasurer                                Mr Lim Ho Choy
Committee                              Mr Lee Chee Poo
Committee                              Mr Chong Min Sin
Committee                              Mr Freddie Kuah Cheng Hock
Committee                              Mr Rama Rao
Committee                              Puan Yang Kalsom Omar
Committee                              Ms Zaiton Mohamad

 

 10. Appointment of Two Honorary Auditors 2015

The meeting appointed Mr Leong Kok Way and Mr Loke Woh Kam as Honorary Auditors for the year 2015.  Proposer was Mr Lim Ho Choy and seconded by Mr Rama Rao.

There being no other matters, the meeting adjourned at 12 noon  with a vote of thanks to the chair.
                               

Leong Ming Chee           Lau Phaih Yean
President                         Hon Secretary