Utusan Melayu (Malaysia) Bhd - Announcements

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Chairman’s S TATEMENT Our Advertising Division, which saw a 22% increase in advertising revenue during the year, remained the main contributor to the Group’s profitability. The year also saw our Multimedia Division registering a total turnover of RM12.9 million, which is an encouraging start for a relative newcomer. An increase in circulation of our publications and cover prices also contributed towards an improved turnover. CORPORATE DEVELOPMENTS As a Group that is still growing, we are continually fine-tuning our portfolio of businesses activities. To this end, we are divesting businesses that are no longer profitable or do not fit in with our vision of what we want to be. As reported last year, in our efforts to get the best from Utusan’s investment portfolio, we ceased the operations of two wholly-owned subsidiaries, Utusan Audio Sdn Bhd and Utusan Melayu (Singapura) Pte Ltd. While selectively hiving-off certain businesses, we remain alert to new business opportunities that support and add value to the Group’s operations. A new addition to our stable of companies is Forum Exposition Sdn Bhd, a leading events management company specialising in organising product launches, trade exhibitions, conferences and other events. 20 Utusan Melayu (Malaysia) Berhad The year 2000 will see the Utusan Group embark on a far-reaching restructuring exercise. Over the last few years, the Group has undergone a major transformation. From the printing and publishing house we used to be, we are rapidly evolving into a multiple media communications company. We will now need to streamline our operations to reflect the Utusan Group that is emerging and to ensure an optimal distribution of resources and energy. This would also be an opportune moment to look into and address all other aspects of our operations from various other perspective. By doing so, we will ensure that our interests, and ultimately those of our shareholders, will be safeguarded. OPERATIONAL HIGHLIGHTS On the operational front, 1999 was an eventful year for the Utusan Group. The Group continued to make headway to strengthen its position in several core business areas through strategic alliances. It was also a year of achievements. Four of our publications – Utusan Malaysia, Mingguan Malaysia, Mangga and Mastika – garnered the top spot in a poll survey conducted by A C Nielson. Above: Some of our book publications have garnered top spot recognition in the market. Left: Venturing into Motion Plus outdoor advertising has been a major success into new opportunities.
UTILIZING STATE-OF-THE-ART TECHNOLOGY, THE GEOMAN PRINTING MACHINE AT SRI UTUSAN, ON COURSE TO ACHIEVE ISO 9000.
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Page 3 and 4: C o r p o r a t e M i s s i o n •
Page 5: 8. To transact any other ordinary b
Page 8 and 9: Corporate I NFORMATION BOARD OF DIR
Page 10 and 11: Senior M ANAGEMENT Tan Sri Kamarul
Page 13 and 14: Royal Code Of Conduct The Taj al-Sa
Page 15 and 16: AUTHORITY The Committee is authoris
Page 17: CONSOLIDATED PROFIT AND LOSS ACCOUN
Page 20 and 21: Chairman’s S TATEMENT Dear Shareh
Page 24 and 25: Chairman’s S TATEMENT A new chapt
Page 26 and 27: Chairman’s S TATEMENT In the othe
Page 28 and 29: Corporate C ALENDAR 1 4 February 19
Page 31 and 32: Sentiments and Sensitivity of Love
Page 33 and 34: Directors’ R EPORT for the year e
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Page 37 and 38: Consolidated P ROFIT A ND L OSS A C
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Page 41 and 42: Consolidated C ASH F LOW S TATEMENT
Page 43 and 44: Notes T O T HE A CCOUNTS for the ye
Page 69 and 70: List O F P ROPERTIES as at 31 Decem
Page 71 and 72: List O F P ROPERTIES as at 31 Decem
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I/We of being a member/members of U
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Azizi Meor Ngah 36, Jalan Jelutong
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Utusan Melayu (Malaysia) Bhd - Announcements

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