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Saturday 11 February 2017
Annual Report - 2016
Patron: Mr. Alois Hofbauer, Managing Director, Nestlé (Malaysia) Berhad
Sixth Annual Report 2016
1. Sixth Annual General Meeting – 8th March 2016
The Sixth Annual General Meeting was held at Nestlé Head Office, Menara Surian, attended by 42 members. Present from Nestle Management were Mr. Alois Hofbauer - Managing Director, Nestlé (Malaysia) Berhad, Mr. Shahzad Umar - Group Human Resource Director, Ms Eliza Mohammad - Group Corporate Affairs Manager, and Encik Meor Zulkarnain Ahmad Tarmiz - HR Services and Control Manager.
The Minutes of 6th Annual General Meeting is attached as below:
(http://mynestleretiree.blogspot.my/2017/02/minutes-6th-agm-8th-march-2016.html)
2. Management Committee 2015 – 2017 and Attendance
There were no elections for the year and all Committee Members remained the same.
Altogether there were 11 meetings. There were representations from the local MNRA when we had a meeting with GHRD on the Lump Sum offer. Mr. Rama Rao asked for special leave as he relocated to Johore Bahru.
3. Appointment of Honorary Auditors
The meeting appointed Mr. Raymond Lim and Encik Azhar Abdul Aziz as Honorary Auditors for 2016.
4. Membership Status
Effective 2nd February 2016, Nestlé Malaysia agreed to pay for the lifetime subscription of all Retirees who signed up as MNRA members. We have also sent out close to 520 membership recruitment letters to all other Nestlé retirees who are not yet MNRA members. These recruitment exercises helped to surpass our goal set at 450 members. The increase of 9.15% registered our total membership of 479 by 31st Dec 2016, with
452 Ordinary Life Members
14 Associate Members
13 Honorary Members
However, we are sad to advise that 7 Members passed away during the year.
5. MNRA Activities for 2016
We are pleased to report that 2016 was an exceptional year with a total of 12 activities.
a) 17th Jan 2016 Pre Chinese New Year @ Chef Rebung, Taman Botanic Perdana. 105 pax attended.
b) Jan 2016 MNRA JB CNY lunch
c) 8th Mar 2016 MNRA AGM
d) 17th-18th April 2016 Trip to Terengganu and Kelantan to visit Kebun MAGGI® Dapur, Chilli Collection Centre, Coffee experimental Farm.
e) 23rd April 2016 MNRA JB organized visit with lunch at Zenxin Organic Park, Air Hitam
f) 3rd May 2016 Visit to Nestlé factories – Sri Muda and Batu Tiga.
g) 22nd May 2016 Hi Tea at Hotel Concorde , Shah Alam with 88 pax in attendance.
h) 26th May 2016 MNRA Penang organized a durian party at Balik Pulau, attended 18 members.
i) 29th May 2016 MNRA Kuantan held their yearly lunch.
j) 19th – 20th Aug 2016 MNRA Kuching organized a visit to the Kuching MAGGI® and Ice Cream factory with lunch the next day.
k) 5th -7th Sept 2016 An educational visit to Kedah Rice Bowl, Rice Milling plant, Nina Maju factory and Free the Seed factory producing biodegradable packaging products.
l) 29th -30th Oct 2016 MNRA Sabah held an overnight stay at Kokol Hill with BBQ.
A lot of preparation work went into the organizing of these activities and the Management Committee wishes to thank all who were involved.
6. Meetings with Nestlé Management
We met up with Mr Martin Krugel- Executive Director, Finance and Control, Encik Elvi Sazali Jaafar, Head of Accounting and Consolidation and GHRD represented by Mr Shahzad Umar and Encik Meor to discuss on the Lump Sum Offer Proposal to all Pensioners. The MNRA Committee (plus invited Committee members in the region) assisted by pre-empting questions which would be asked by Pensioners and making suggestions how this could be communicated to all by letter and to have Roadshows in Head Office and North/South Regions where they are more pensioners.
We believe all pensioners should have received their Lump Sum Offer letter by now.
The other pending issue is the Handbook for Pensioners which is due to be sent out by Quarter 1/2017.
7. Financial Report
Per Audited Finance Report for the year ended 31st December 2016 . Please see Annexe 2. (to request from MNRA)
8. Acknowledgement of Thanks
The Management Committee of Malaysia Nestlé Retirees Association (MNRA) wishes to thank the following people and parties for their support through the year.
a. Mr. Alois Hofbauer, Patron of Malaysia Nestlé Retirees Association for his strong support.
b. Mr Shahzad Umar- Group Human Resource Director and his team, Puan Zainun Abdul Rauf, Group Corporate Affairs Director(retired) and Puan Eliza Ahmad Group Corporate Affairs Director who continuously supported all MNRA activities.
c. Nestlé Management and all the Brands for its continued support in kind. Our appreciation for allowing the use of the company’s address as the registered address and the meeting/conference rooms whenever we have monthly meetings or Annual General Meeting.
d. External Sponsors and Associates who have given us support in kind or cash for all our activities.
e. A special thanks to those MNRA Committee members who helped organize all the activities in 2016, all Members, their families and friends who continued to participate in all our events.
It was an exceptionally active year and we ended well. It is heartening to see members active in our events. MNRA is committed to foster relationship with all our Members throughout the country.
On behalf of the Management Committee, we wish all a Great Year for 2017 with blessings of everyday good health and happiness.
Leong Ming Chee - President Lau Phaih Yean - Hon. Secretary
Minutes - 6th AGM 8th March 2016
Minutes of the 6th Annual General Meeting of
Persatuan Pesara Nestlé Malaysia (Malaysia Nestlé Retirees Association)
Persatuan Pesara Nestlé Malaysia (Malaysia Nestlé Retirees Association)
Time : 10:00 am
Venue : Respect Training Room Nestlé Head Office, Menara Surian,
No. 1, Jalan PJU 7/3, Mutiara Damansara, 47810, Petaling Jaya,
Selangor Darul Ehsan
Total Attendance : 42 members
Present:
1 Ang Lay Beng, Michael 22 Loo Pooi Kheng
2 Ariffin Bin Buranudeen 23 Low Hock Lai
3 Ayahkanu A/L Ammavasai 24 Marsita Binti Mohamad
4 Azhar Abdul Aziz 25 Mohd Naim Bin Ismail
5 Chan Yee Onn 26 Ng Poh Aun,Johnny
6 Chew Lye Hock 27 Oong Ping Tiong
7 Foong Yoke Chun, Ellen 28 Rahmah Ibrahim
8 Khoo Boo Keong 29 Rama Rao
9 Khoo Yow Mai,Amy 30 Raymond Lim
10 Koh Dau Kwang 31 Rosman bin Abd Rahim
11 Kuah Cheng Hock 32 Seow Yok Kuan
12 Lau Phaih Yean 33 Sharifah Zabidah
13 Lee Bee Sin,Shelley 34 Teo Yoke Lan
14 Lee Chee Poo 35 Teoh Gim Eong
15 Lee Chin Neer 36 Thiagarajah Annamalai
16 Lee Tien Sing 37 Wong Wai Man
17 Lim Cheng Yee 38 Yahaya Osman
18 Lim Ewe Seng 39 Yang Kalsom Binti Mohamed Omar
19 Lim Ho Choy 40 Zaiton Mohammad
20 Lim Peck Thong,Sylvester 41 Zaliha Mohammed
21 Lim Ping 42 Nirmal Koswanage (Honorary Member)
By Special Invitation: Mr. Alois Hofbauer, Managing Director,
Nestlé (Malaysia) Bhd
Mr.Shahzad Umar, Group Human Resource Director,
Nestlé Products Bhd.
QUORUM
Before the commencement of the meeting, the Hon Secretary confirmed that there was enough quorum for the meeting as per the attendance stated above. The meeting commenced at 10.05am.
She also announced that the President Ms Leong Ming Chee, sends her apologies for not being able to attend this meeting as she has to deal with a family emergency.
1. Address by the Vice President
The Vice President, Encik Ariffin Bin Buranudeen started the meeting with a minute of silence for members who have passed away within the past year especially the recent demise of Mr Wong Chi Peng last Friday.
He then welcomed Mr. Alois Hofbauer, Managing Director, Nestlé (Malaysia) Bhd, Mr. Shahzad Umar, Group Human Resource Director, Ms Eliza Mohammad, Group Corporate Affairs Manager , Encik Meor, HR Services & Control Manager and all MNRA members. He thanked Mr Alois Hofbauer for his active participation of 2015 MNRA events despite his busy schedule and also thanked the management committee for their work.
2. Address by Mr. Alois Hofbauer, Managing Director, Nestlé (Malaysia) Bhd
Mr Alois Hofbauer started his address by thanking Encik Ariffin Bin Buranudeen for his kind words before introducing his 2 new members who have joined now the exco :
– Mr Shahzad Umar, Group Human Resource Director, gave a short introduction of himself, he was previously based in Malaysia for 31/2 years (2009-2012) and he looks forward to working with Encik Ariffin Bin Buranudeen again.
– Cik Eliza Mohammad, the new Group Corporate Affairs Manager, joined Nestle 2 months ago. She gave us a short introduction of herself- she was from Maybank and was a lawyer by training. She will continue to give us the usual support.
Mr Alois Hofbauer started his address by announcing that Nestle management has agreed to pay the RM100 MNRA membership fee for employees who retire from Feb 1st 2016 onwards.
He then continued with a summary of the company‘s 2015 performance – 2015 was a difficult year with the introduction of GST (6%) with no growth in the food and beverage categories. However, Nestlé Malaysia outperformed the category with 3 % value growth and was able to deliver on profit. He hopes that 2016, growth in these 2 categories will rebound. The good news is that our market share has increased, in fact, the highest market share at 60% in history.
Although 90 % of our raw & packing materials are imported, we managed to hedge against the depreciation of the Malaysian Ringgit with a lower US$ and this contributed to our profitability. 2016 will not be an easy and employees are to expect a low salary increment.
He requested MNRA members to act as Nestlé spokespersons if they come across any negative news or rumours on Nestle via social media. Members can refer to Cik Eliza for relevant information.
3. Q&A by Mr Shahzad Umar,, Group Human Resource Director
The following questions from the last AGM were posed to Mr Shahzad Umar:
a. 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.
Ans : Nestle currently do not have the structure/system for different schemes for retirees or payment for part-time or hourly-paid work.
b. Puan Nazariah Zambahari – Suggested that company comes out with an updated document/pamphlet for retirees’ spouse/dependent on their benefits.
Ans: The booklet will ready for distribution by end June or early July this year.
c. 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.
Ans: Hopefully, the booklet will answer all questions on pension. When the booklet is ready and distributed, a meeting can be considered for any further explanations, if necessary
Questions from the members :
Q : Mr Kuah Cheng Hock suggest a festive hampers or year-end vouchers for retirees -
Ans : Based on the current structure and economic environment, Nestle cannot offer this at the present moment.
Q : By Mr.Johnny Ng : There is no consumer promo stocks in staff shop
Ans : Will discuss with marketing to allocate stocks to staff shop
Q : By Mr.Lim Ewe Seng: Can the company share with the members on how the pension fund is managed and performing ?
Ans : There will be a Trustees meeting next week, and HR will be able to share on this although the fund is now in deficit
Q : By Mr Thiagarajah Annamalai: Why the pension increment last year was not consistent with some getting a few hundred RM ?
Ans: He will clarify personally with Encik Meor.
Ms Ellen Foong thanked the Nestle Management for the pension increment last year.
4. Presentation by Encik Ariffin Buranudeen
Encik Ariffin presented on the 2015 activities
Recruitment drive – 9.2% increase, from 403 to 437 members. The biggest increase came from Selangor, Perak and Sabah.
Activities for 2015 included the following :
• Hi Tea organised at the Armada Hotel 25thJan 2015 with the biggest turn out of 153 members
• Lunch in Kuantan on 12th April with East Coast members.
• As usual Malacca members had a lunch at Restaurant LTP on 7th June.
• Our Johore members met up on 13th June 2015, at the same time celebrating the birthday of En Rahman Mansor and Cheah Tiam Chye.
• After a year of absence, Stepping Forward Walk for Wellness was held on 8th August 2015. Close to 150 members participated.
• As for Sarawak members, they met up in Miri instead of Kuching on 25th September as there are 2 senior members who were not able to travel. The lunch was prepared by Encik Salleh’s wife at their home. It was very gracious of them to open up their home for the members. Also joining in the lunch were friends from Harrisions/Jasra Harrisons.
• Northern members had their lunch this year at Restoran Simpang Tiga, Ipoh on 25th November with members from Klang Valley and the management committee attending too.
• We held year-end celebrations at Pak John’s - Steamboat and BBQ on Nov 28th 2015
• We ended the year with the launch of MNRA Sabah on 20th December with the help of Jason Chong and Thien Kim Siong who took the trouble to look up the retirees and fetching them for the dinner.
Encik Ariffin commented that the MNRA does not look like a retiree association as we are all very active with a lot of on-going activities.
As for 2016, we have already planned out the whole year events. The next 2 events are - Visit to the Chili Farm in Kelantan and Factory Visit on May 3rd. The form will be sent out soon.
5. Confirmation of the Minutes of the 5th General Meeting held on 11th March 2015
The Minutes of the Fifth Annual General Meeting held on 11th March 2015 at 10:00 am at Nestlé Head Office, Menara Surian, 22-1, No.1 Jalan PJU 7/3, Mutiara Damansara, 47810 Petaling Jaya, were taken as read, duly confirmed and unanimously adopted, as proposed by Mr Johnny Ng and seconded by Mr Lim Ewe Seng.
6. Confirmation of the Minutes of the EGM 30th April 2015
The Minutes of the EGM held on 30th April 2015 at 2:00pm 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 Ang Lay Beng,,Michael and seconded by Encik Mohd Naim.
7. To receive and adopt the Fifth Annual Report for the period 1st January to 31st December 2015
Ms Lau Phaih Yean, Hon Secretary, tabled the Third Annual Report ending 31st December 2015 on behalf of the Management Committee after which, the Report was unanimously adopted, as proposed by Mr Rama Rao and seconded by Puan Rahmah Ibrahim.
8. To receive and adopt the Audited Statement of Accounts ending 31st December 2015
Hon Treasurer, Mr. Lim Ho Choy, tabled the Audited Statement of Accounts for the period ending 31st December 2015 for discussion and approval. Members were informed of a typo error on the Auditors’ Report where the year should be 2015 and not 2014. The Audited Statement of Accounts ending 31st December 2015 was unanimously adopted, as proposed by Mr Johnny Ng and seconded by Cik Zaiton Mohammed
9. Appointment of Two Honorary Auditors 2016
The meeting appointed Mr Raymond Lim and Encik Azhar Abdul Aziz Honorary Auditors for the year 2016.
There being no other matters, the meeting adjourned at 11:10am with a vote of thanks to the chair.
Ariffin Buranudeen Lau Phaih Yean
Vice President Hon Secretary
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