Company No.

:439710-W
Adizan Sdn. Bhd. (Incorporated in Malaysia) Corporate information DIRECTORS SECRETARY AUDITORS REGISTERED OFFICE PRINCIPAL PLACE OF BUSINESS

BANKER

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Company No.:439710-W
Adizan Sdn. Bhd. (Incorporated in Malaysia) DIRECTORS’ REPORT The Directors hereby submit their report together with the audited financial statements of the Company for the financial year ended 31 January 2010. Principal activities The Company is principally engaged in the business of processing and retailing of chicken nuggets. There have been no significant changes in the activities of the Company during the financial year. Financial results RM Profit for the year

Reserves and provisions There were no material transfers to or from reserves or provisions during the financial year. Dividends The amount of dividends declared by the Company in respect of the financial year ended 31st January 2010 is:

Issue of shares and debentures On 1 October 2009, the Company increased its issued and paid-up share capital from RM100,000 to RM150,000 by way of issuance of 50,000 ordinary shares of RM1.00 each at par for cash consideration. The new ordinary shares issued rank pari passu with the then existing ordinary shares of the Company. Share Options No options have been granted by the Company to any parties during the financial year to take up unissued shares of the Company.

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Company No.:439710-W

No shares have been issued during the financial year by virtue of the exercise of any option to take up unissued shares of the Company. As at the end of the financial year, there were no unissued shares of the Company under options.

Directors Directors who served the office since the date of last report are: The retirement by rotation of the Directors is in accordance with the Company’s Articles of Association. Directors’ Interests in Shares According to the Register of Directors' Shareholdings, the interests of Directors in office at the end of the financial year in shares in the Company were as follows: Number of ordinary shares of RM1 each As at Acquir Dispos As at 1.2.200 ed ed 31.1.20 9 10 The Company

According to the Register of Directors’ Shareholdings, no Director in office, other than those disclosed above, held any interest in shares in the Company at the end of the financial year. Directors' benefits There were no arrangements during and at the end of the financial year, which had the object or objects of enabling the Directors of the Company to acquire benefits by means of the acquisition of shares in or debentures of the Company or any other body corporate. Since the end of the previous financial year, no Director of the Company has received or become entitled to receive any benefit (other than disclosed in the financial statements) by reason of a contract made by the Company or a related company with the Director or with a firm of which the Director is a member, or with a company in which the Director has a substantial financial interest. Statutory information on the financial statements

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Company No.:439710-W

Before the income statements and balance sheets of the Company were made out, the Directors took reasonable steps: (a) to ascertain that action had been taken in relation to the writing off of bad debts and the making of allowance for doubtful debts, and satisfied themselves that all known bad debts had been written off and that adequate allowance had been made for doubtful debts; and

(b) to ensure that any current assets, other than debts, which were unlikely
to realise in the ordinary course of business their values as shown in the accounting records of the Company had been written down to an amount which they might be expected so to realise.

At the date of this report, the Directors are not aware of any circumstances: (a) which would render the amounts written off for bad debts or the amount of the allowance for doubtful debts, in the financial statements of the Company inadequate to any substantial extent; or (b) which would render the values attributed to current assets in the financial statements of the Company misleading; or (c) which have arisen which render adherence to the existing method of valuation of assets or liabilities of the Company misleading or inappropriate. No contingent or other liability has become enforceable or is likely to become enforceable within the period of twelve months after the end of the financial year which, in the opinion of the Directors, will or may substantially affect the ability of the Company to meet their obligations as and when they fall due. At the date of this report, there does not exist: (a) any charge on the assets of the Company which has arisen since the end of the financial year which secures the liability of any other person; or

(b) any contingent liability (other than those disclosed in the notes to
financial statements) of the Company which has arisen since the end of the financial year. At the date of this report, the Directors are not aware of any circumstances not otherwise dealt with in this report or the financial statements that would render any amount stated in the financial statements misleading. In the opinion of the Directors,

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Company No.:439710-W

(a) the results of the operations of the Company during the financial year were not substantially affected by any item, transaction or event of a material and unusual nature; and (b) there has not arisen in the interval between the end of the financial year and the date of this report any item, transaction or event of a material and unusual nature likely to affect substantially the results of the operations of the Company for the financial year in which this report is made.

Events Subsequent to Balance Sheet Date

Auditors The auditors, Haris & Co., have expressed their willingness to continue in office.

Signed on behalf of the Board of Directors in accordance with a resolution of the Directors:

Date:

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Company No.:439710-W
Adizan Sdn. Bhd. (Incorporated in Malaysia) Statement by Directors Pursuant to Section 169(15) of the Companies Act, 1965 We , being two of the Directors of Adizan Sdn. Bhd state that, in the opinion of the Directors, the financial statements set out on pages x to xx, are drawn up in accordance with applicable approved accounting standards in Malaysia so as to give a true and fair view of the state of affairs of the Company at 31st January 2010 and of its results of operations and cash flows for the year ended on that date. Signed in accordance with a resolution of the Directors:

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Date: Statutory declaration pursuant to Section 169(16) of the Companies Act, 1965 I, being the Director primarily responsible for the financial management of Gemilang Sdn Bhd., do solemnly and sincerely declare that the financial statements set out on pages x to xx are, to the best of my knowledge and belief, correct and I make this solemn declaration conscientiously believing the same to be true, and by virtue of the provisions of the Statutory Declarations Act, 1960. Subscribed and solemnly declared by the abovenamed ) at ) In the state of Negeri Sembilan on )

BEFORE ME: COMMISIONER FOR OATHS

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Company No.:439710-W

Report of The Auditors to The Members of (Incorporated in Malaysia) We have audited the financial statements of Adizan Sdn. Bhd. set out on pages X to XX. The preparation of the financial statements is the responsibility of the Company’s Directors. It is our responsibility to form an independent opinion, based on our audit, on the financial statements and to report our opinion to you, as a body, in accordance with Section 174 of the Companies Act 1965 and for no other purpose. We do not assume responsibility to any other person for the content of this report. We conducted our audit in accordance with approved Standards on Auditing in Malaysia. These standards require that we plan and perform the audit to obtain all the information and explanations which we consider necessary to provide us with evidence to give reasonable assurance that the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence relevant to the amounts and disclosures in the financial statements. An audit also includes an assessment of the accounting principles used and significant estimates made by the Directors as well as evaluating the overall adequacy of the presentation of information in the financial statements. We believe our audit provides a reasonable basis for our opinion. In our opinion:(a) the financial statements are properly drawn up in accordance with the provisions of the Companies Act, 1965 and applicable approved accounting standards in Malaysia so as to give a true and fair view of: i) the state of affairs of the Company at 31st January 2010 and of its results of operations and cash flows for the year ended on that date; and the matters required by Section 169 of the Companies Act, 1965 to be dealt with in the financial statements of the Company.

ii)

(b)

the accounting and other records and the registers required by the Companies Act, 1965 to be kept by the Company have been properly kept in accordance with the provisions of the said Act.

Date:

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Company No.:397652-W
Adizan Sdn. Bhd. (Incorporated in Malaysia) Balance sheet at 31st January 2010

Note ASSETS Non-current assets Property, plant and equipment Current assets Inventories Trade receivables Other receivables Deposit Cash and bank balances

2010 RM

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TOTAL ASSETS EQUITY AND LIABILITIES Share capital Retained earning Shareholders' fund Non-current liabilities Hire-purchase creditors Current liabilities Trade payables Other payables and accruals Hire-purchase creditors Tax payable

TOTAL EQUITY AND LIABILITIES
The accompanying notes form an integral part of these financial statements.

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Company No.:397652-W
Adizan Sdn. Bhd. (Incorporated in Malaysia) Income statement for the year ended 31 January 2010 21 00 R M

Nt oe Rev u en e Costof sa les G ross profit Oh operain in e t er t g com Selllin a d dist t ex ses g n ribuion pen Adm istaive ex ses in r t pen Oh operain ex t er t g peses Profitfr operaion om t Fin n cost a ce P oitb f r t x r f eo e a T x ex se a pen P oitf r t ey a r f o h er

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The accompanying notes form an integral part of these financial statements.

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Company No.:397652-W
Gemilang Sdn. Bhd. (Incorporated in Malaysia) Statement of changes in equity for the year ended 31st January 2010

Nt oe

Is u da d se n f llyp id u a o d ays ae r in r h r s N m a v lu o in l a e o R 1e c f M ah R M

D t ib t b is r ua le R t in d ea e e r in an g R M -

T tl oa R M -

A 1 tF bu r 2 0 t s e r ay 0 9 Profitf t e y r or h ea Issu of sh res e a D iden inrespectof iv d fin n l y r en a cia ea ded: 3 Ja u r 2 1 1 n ay 0 0 A 3 Ja u r 2 1 t 1 n ay 0 0 -

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The accompanying notes form an integral part of these financial statements.

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Company No.:397652-W
Adizan Sdn. Bhd. (Incorporated in Malaysia) Cash flow statement for the year ended 31 January 2010 Cash flows from operation activities 2010 RM

Net cash flows from operating activities Cash flows from investing activities

Net cash flow from investing activities Cash flows from financing activities

Net cash flow from financing activities Net decrease in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents as at end of year

The accompanying notes form an integral part of these financial statements.

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Company No.:397652-W

Adizan Sdn. Bhd. (Incorporated in Malaysia) Notes to the financial statements – 31 January 2010 1. General Information The Company is principally engaged in the business of processing and retailing of chicken nuggets. There have been no significant changes in the activities of the Group and the Company during the financial year. The Company is a private limited liability company and incorporated and domiciled in Malaysia. The financial statements were authorised for issue by the Board of Directors in accordance with a resolution of the directors dated. 2. Basis of preparation (a)Basis of preparation The financial statements of Company have been prepared under the historical cost convention except as disclosed in this summary of significant accounting policies. The financial statements have been prepared to comply with the provisions of the Companies’ Act 1965 and applicable approved accounting standards in Malaysia. (b)Cash and cash equivalents Cash and cash equivalents comprise of cash in hand, at bank and short term deposits and highly liquid investments maturing within three months from the date of acquisition and are readily convertible to known amount of cash and which are subject to an insignificant risk of changes in value. 3. Summary of significant accounting policies (a)Property, plant and equipment and depreciation Property, plant and equipment are stated at cost less accumulated depreciation and impairment losses. Freehold land is not depreciated. Other property, plant and equipment are depreciated to their residual values on a straight line basis over their estimated useful lives. The principal rates used are as follows:Machinery Motor vehicles

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Company No.:397652-W
Office equipment The carrying amounts of property, plant and equipment are reviewed at each balance sheet date to determine whether there is any indication of impairment. An impairment loss is recognised whenever the carrying amount of an item of property, plant and equipment exceeds its recoverable amount. The impairment loss is recognised as an expense in the income statement. Upon disposal of an item of property, plant and equipment, the difference between the net disposal proceeds and the net carrying amount is recognised in the income statement and the revaluation reserve related to those assets, if any, is transferred directly to retained profits. (b)Impairment of assets Property, plant and equipment and other non-current assets are reviewed for impairment losses whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Impairment loss is recognised for the amount by which the carrying amount of the asset exceeds its recoverable amount. The recoverable amount is the higher of an asset’s net selling price and value in use. The impairment loss is included in the income statement in the period in which the impairment is identified. (c) Inventories Inventories are stated at the lower of cost and net realisable value. Cost of raw materials is stated at purchase cost determined on the weighted average basis. Cost comprises where appropriate, materials, labour, the appropriate proportion of overhead costs. Net realizable value is the estimated selling price in the ordinary course of business, less the costs of completion and selling expenses. (d)Trade receivables Trade receivables are carried at invoiced amount less an estimate made for doubtful debts. Specific allowances are made for doubtful debts which have been individually reviewed and specifically identified as bad or doubtful. (e)Tax Tax on the profit or loss for the year comprises current tax. Current tax expense is determined based on profit for the year adjusted for tax purposes to comply with Malaysian tax laws. (f) Revenue recognition Revenue is stated gross sales net of discounts. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been transferred to customers. (g)Other income recognition

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Company No.:397652-W
Interest income is recognised on an accrual basis unless collectibility is in doubt. (h)Short-term employee benefits Wages, salaries, bonuses, annual leave entitlement, medical leave, and other short-term employee benefits are recognised in the period in which the associated services are rendered by the employees. 4. Critical accounting estimates and judgments Estimates and judgments are continually evaluated by the Directors and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Key sources of estimation uncertainty The Company makes estimates and assumptions concerning the future. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying value of assets and liabilities within the next financial year are as follows: (a)Inventory obsolescence The estimated net realisable value includes management consideration of out-dated articles, over-stocking, physical damages, handling and other selling costs. If the estimated net realisable value is lower than historical cost, a valuation allowance is established for inventory obsolescence. (b)Impairment of Property, plant and equipment Property, plant and equipment are amortised and depreciated over their useful lives. Useful lives are based on management’s estimates of the period that the assets will generate revenue. If, at the date of the financial statements, there is any indication that a tangible non-current asset has been impaired, the recoverable amount of the asset would be estimated. The recoverable amount is the higher of the asset’s net selling price and its value in use, estimated with reference to management’s projections of future cash flows. If the recoverable amount of the asset is less than the carrying amount, an impairment loss is recognized and the carrying amount of the asset is reduced to the recoverable amount. Determination of the recoverable amount is based upon management’s projections of future cash flows, which are generally made by use of internal business plans or forecasts.

5. Property, plant and equipment

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Company No.:397652-W
Mt r oo vh s e icle R M Cs ot A 1 Fe ru ry 2 0 t st b a 0 9 A d io s d it n A 3 stJa u ry 2 1 t 1 na 00 A u u t dd p e t n cc m lae e r ciaio A 1 Fe ru ry 2 0 t st b a 0 9 Ch rg f r t eye r a eo h a A 3 stJa u ry 2 1 t 1 na 00 N tb o v lu e ok a e A 3 stJa u ry 2 1 t 1 na 00 M c in r a h ey R M F t r s& ix u e Ft g it in s R M C m ue & o ptr Pin e r tr R M Air C n it n r o d io e R M Ttl oa R M -

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Net book value of property, plant and equipment for the Company purchased under hire purchase is RM

6. Inventories 2010 RM Direct materials Finished goods

7. Trade Receivables 2010 RM

8. Deposit
2010 RM

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9. Share capital 2010

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Company No.:397652-W
RM Authorised:

Issued and fully paid: Ordinary shares of RM1.00 each

10.Hire purchase creditors
21 00 R M

Presen v lu of h e pu a lia ies t a e ir rch se bilit R p e e t gh ep r a c e it r :e r s nin ir u ch se r d o s

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11.Revenue Revenue for the Company comprises sales of goods net of discounts and return. 12.Profit before tax Profit before tax is arrived after charging amongst other items of the following:-

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Company No.:397652-W
21 00 R M

13.Income tax expense
21 00 R M M la s t x t nb s do r su s f rt ey a: a y ia a aio a e n e lt o h e r Curen yea r t r R c n iliaio p oitb f r t xa dt xe p n e e o c t n r f eo e a n a x e s : Profitbefore t x a T x t a t e st t t t x rae of 2 % a aion t h auory a t 0 Expen n dedu ible for t e t x pu ses ot ct h a rposes Uilizaionof ca a a a ces t t pit l llow n 2 ,2 0 7 5 (2 ,1 6 5 0) 2 4 ,1 3 39 8

Tx a

14.Dividends Dividends proposed in respect of the financial years are as follows:

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Company No.:397652-W
21 00 Go s rs p r s ae e hr Sn e Iner div d pa t im iden id Fin l dividen pa a d id A ono mu t f d id n iv e d n to t x e fa R M

15.Cash and cash equivalents
21 00 R M

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Company No.:397652-W