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Last $0.34 SGD
Change Today 0.00 / 0.00%
Volume 76.4K
MII On Other Exchanges
As of 11:28 PM 05/25/15 All times are local (Market data is delayed by at least 15 minutes).

mewah international inc (MII) Snapshot

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05/26/14 - $0.46
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mewah international inc (MII) Details

Mewah International Inc., an investment holding company, produces and sells refined and fractionated vegetable oils and fats in Singapore and internationally. The company operates through two segments, Bulk and Consumer Pack. It offers RBD palm oils, palm stearin, and palm olein, as well as hydrogenated palm products and palm mid fractions. The company also provides soft oils, such as NBD soybean and canola, NBDW sunflower seed and corn, NBD hydrogenated soya bean, and hydrogenated canola oils; and soya bean fatty acid and mixed fatty acid distillates, and mixed acid oils. In addition, it offers RBD palm kernel, coconut, hydrogenated coconut, and hydrogenated palm kernel oils, as well as lauric oils fatty acid distillates; specialty fats for ice cream and ice cream coatings; special filling and coating fats for confectionery and bakery applications; special frying oils and fats; and cooking oils. Further, the company provides jerry cans to pack cooking oil; food grade polyethylene bags for food and beverages industrial, general household, and garbage disposal use; and contract manufacturing and toll pack services. Additionally, it trades in edible oils; provides commodity brokerage services; imports, exports, and distributes rice and other products; manufactures and sells dairy-based products; and offers freight forwarding, transportation, warehousing, and logistic services for chemical and chemical related industries. The company offers specialty fats and oils, and confectionary oils to distributors and factories involved in the production of confectionery, bakery products, and other food items; and edible oil products to refiners, processers, wholesalers, and retailers in food, animal feed, and oleochemicals industries. It sells its consumer pack products under the Oki, Mona, Moi, Krispi, Deli, Turkey, Cabbage, Mewah, and Fry-ola brands through its sales and distribution network. The company is headquartered in Singapore.

mewah international inc (MII) Top Compensated Officers

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mewah international inc (MII) Key Developments

Mewah International Inc. Reports Unaudited Consolidated Earnings and Operating Results for the First Quarter Ended March 31, 2015

Mewah International Inc. reported unaudited consolidated earnings and operating results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of USD 692,645,000 compared to USD 814,404,000 a year ago. Profit before tax was USD 2,830,000 compared to USD 1,189,000 a year ago. Profit after tax attributable to equity holders of the company was USD 2,247,000 or 0.15 cents per basic and diluted share compared to USD 995,000 or 0.07 cents per basic and diluted share a year ago. Net cash flows from operating activities were USD 101,117,000 compared to USD 80,509,000 a year ago. Additions to property, plant and equipment were USD 4,066,000 compared to USD 20,398,000 a year ago. The company reported 1.8% higher sales volume but 16.4% lower average selling prices resulted in revenue decreasing by 15.0%. For the first quarter ended 31 March 2015 sales volume increased by 1.8% to 931,600 MT from 915,500 MT last year. Bulk segment grew by 9.2% to 725,400 MT but Consumer Pack segment registered a decrease of 17.9% to 206,200 MT. The segments contributed 77.9% and 22.1% to the total sales volume respectively compared to 72.6% and 27.4% respectively for the same period last year.

Mewah International Inc. Announces Board Changes

The Board of Directors of Mewah International Inc. announced the following changes to the composition of the Board and Board Committees of the company, with effect from 28 April 2015: retirement of Mr. Lim How Teck as an Independent Director; retirement of Mr. Giam Chin Toon as a Lead Independent Director; appointment of Mr. Robert Loke Tan Cheng as a Lead Independent Director; and appointment of Mr. Foo Say Mui (Bill) as an Independent Director. The company announced the appointment of Mr. Foo Say Mui (Bill) as Chairman of Audit Committee and Mr. Robert Loke Tan Cheng as Member of Audit Committee. The company announced the appointment of Mr. Foo Say Mui (Bill) as Member of Nominating Committee and Mr. Robert Loke Tan Cheng as Chairman of Nominating Committee. The company announced the appointment of Mr. Foo Say Mui (Bill) as Member of Remuneration Committee and Mr. Robert Loke Tan Cheng as Chairman of Remuneration Committee.

Mewah International Inc. to Report Q1, 2015 Results on May 14, 2015

Mewah International Inc. announced that they will report Q1, 2015 results After-Market on May 14, 2015


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