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INTERNATIONAL
OPERATION
OVERSEAS REPRESENTATIONS
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1.
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PT ADABI NUSA CITARASA
(PTANC)
Medan, Sumatera, Indonesia
(Inc. January 11, 1994 - 75% owned)
Operates business as Sole Importer of ADABI's products
for Indonesia. |
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2.
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YANTAI SHINHO
ADABI SPICE PRODUCTS CO. LTD. (YSASP)
Yantai, Province of Shandong, People's Republic of China
(Inc. November 1996 - 50% owned)
Operates business as:
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I.
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Miller and exporter of chili powder
and other local products including garlic flakes,
pickled radish, oyster sauce etc for use by the
parent company. |
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II.
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Manufacturer and Trader of a full range of spice
- based food products in China. |
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DISTRIBUTION OF PRODUCTION IN INDONESIA
P.T. Adabi Nusa Citarasa (PT Adabi) was set up in January 1994
in order to facilitate the export of Adabi products into Indonesia.
The local laws require that all food products to be sold in
Indonesia be registered and approved by the Health Department
in Jakarta (referred locally as DES KES RI ML).
Presently, PT Adabi registered 11 Adabi products with the DEP
KES RI and each product is designated a trade number. Since
the registration, range of Adabi products were brought into
Indonesia, mainly to Medan, Sumatera. Medan has been picked
as the entry point as Adabi products are no strangers to the
locals who knew about Adabi from Malaysia TV transmission. Demand
for the products is encouraging and to-date preparation is being
made for the products to be distributed to the other parts of
Indonesia.
PT Adabi is presently negotiating with PT Eshan Rina, an established
consumer goods distributor in Jakarta, to appoint them as distributor
of Adabi products for JABOTABEK - an area which is made up of
the province of Jakarta, Bogor, Tanggerang and Chilibon.
| PT Adabi Nusa Citarasa (PT Adabi) |
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| PT Adabi is 75% owned by ACISB. The balance of the equity
is held by Indonesian nationals. PT Adabi's business in
Medan is looked after by En. Zahari bin Omar, who also
acts as Marketing Consultant. He is Malaysian and has
been employed by ACISB since 1991. Prior to this, he has
held various positions from Sales Supervisor to Sales
Manager. When PT Adabi was formed, he resigned from ACISB
and moved to Medan and has been engaged with PT Adabi
as Consultant. |
YANTAI SHINHO ADABI SPICE PRODUCTS
CO. LTD. (YSA)
PROVINCE OF SHANDONG, CHINA
| Date of Incorporation |
November 1996 |
| Address |
Shinho Food
6F, 115 Xinanhe Road,
Zhifu, Yantai, Shandung
Tel : 0(635) 6642 943 / 0(635) 6642 944
Fax : 0(535) 6642 946 |
| Directors |
Lam Chong Yee
Soon Ter Sun
Syed Mansor
Syed Kamaluddin |
| Shareholders |
ACISB - 50%
Soon Ter Sun - 25%
Lam Chong Yee - 25%> |
| Authorised Capital |
USD 500,000.00
ACISB has remitted USD 500,000 to YSA to fully paid -
up the capital as required by the Chinese Authority.
In turn, YSA extends credit to ACISB for the chilly purchases.
ACISB has also shipped to YSA reconditioned machines,
estimated worth around USD 140,000. YSA is yet to pay
for this machines. |
| Status of Company |
100% Foreign |
| Management |
CEO - Soon Ter Sun
Assistant CEO - Lam Chong Yee |
| Business |
- Miller and exporter of grind chilly powder to ACISB.
- Manufacturer of spice based consumer products in China.
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Mr. Soon, an American national and Mr. Lam, a Singapore national,
are both entrepreneurs who already have their own investment
in China before teaming up with ACISB. Mr. Soon has already
been in China for 5 years and invested in the following JV Companies
with some local partners :
| A. Shandong Shinho Foodstuff Industry
Co.Ltd. |
| B. Yantai Shinho Food Co.Ltd. |
Both companies produce soya-bean based consumer goods, under
the brand - name of Shinho. Mr. Lam is known to ACISB long
before he went to China to start his venture there 3 years
ago. ACISB used to engage Mr. Lam as consultant in the area
of new product development and research. He started Penglai
Shinho Food Co. Ltd., with Mr. Soon and some local partners.
The company produces soy sauce under Shinho brand.
EXPORT MARKET
| COUNTRY |
EXPORTER/IMPORTER |
| Singapore |
Yee Lee Oils & Foodstuffs Pte. Ltd., Singapore |
| Japan |
Nanyang Trading Co. Ltd., Japan |
| Mongolia |
Delger International Group |
| UK and Australia |
Kart Food Sdn. Bhd., Malaysia |
| Brunei |
Hong Guan Sdn. Bhd., Brunei
- acting as agent to Stasuria Enterprise Sdn. Bhd. |
| Indonesia |
1. PT Adabi Nusa Citarasa as Importer
2. PT Eshan Dima as Distributor
3. PT Musti Alam Prime Rasa |
| Jordan |
Abdullah Ahmad Ayad & Partners Trading company |
Not all overseas market order the full range of Adabi products.
For example, Japan only imports Perencah Nasi Goreng, Kari Daging
and Tom Yam, Indonesia only Perencah Nasi Goreng, Tepung Goreng
Pisang and Tepung Goreng Ayam while US only ketupat.
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