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SUSTAINABILITY EFFECTIVE CORPORATE FINANCIAL ADDITIONAL DETAILS OF THE ANNUAL
REPORT LEADERSHIP GOVERNANCE STATEMENTS INFORMATION GENERAL MEETING

3-YEAR STRATEGIC PLAN 2020-2022

3-Year Plans Priorities Strategic Plan 2020-2022

2020 1. Discontinue • Minimise losses and improve the overall Group performance.
Business non-strategic operations • Management’s efforts to streamline profitability and consolidate
Perseverance 2. Balance production Group production resulted in the discontinuation of MSM Perlis
capacity within MSM operations on 30 June 2020.
th
Group’s operation – • Expansion of the liquid sugar and fine syrup facilities, enabled MSM
MSM Prai and MSM Johor to tap into the new segment improving yield and profitability.
3. Rationalise investments • New investments and expansions were further rationalised 29
4. Just-In-Time mechanism and regulated to prioritise profitability and focus on business
5. Reduce stock levels continuity and sustainability.
• Practicing Just-In-Time mechanism to reduce working capital
requirements, as well as having arrangements with suppliers to
ensure sustainable raw sugar supply is secured.
2021 1. Optimise production levels • Complete of expansion plans for the value-added facilities in
Turnaround 2. Reduce refining cost MSM Johor.
Through • Improve MSM Johor’s SKUs to meet domestic demand
Asset 3. Improve distribution cost especially for Coarse Grain Sugar (CGS-P1).
Optimisation 4. Monetise non-core assets • Improve MSM Johor’s production capabilities and efficiency.
5. Increase sales of MSM MALAYSIA HOLDINGS BERHAD Annual Report 2020
value-added sugar products • Penetrate new markets via direct engagements with reputable
6. Capital restructuring players having regional distribution networks, towards increasing
sales and utilisation factor of our refineries.
• Strategic capital management to improve liquidity.
• Continue to improve the overall yield in all our refineries.
• Streamline the logistics and supply chain operation for smooth
delivery at lower cost.
• Further explore downstream into sugar related business unlocking
value-added income stream.
• Monetise all the non-strategic and non-productive assets.

2022 1. Increase production • Continue to explore initiatives to lower refining cost at each
Resilient efficiency refinery via installation of biomass boilers and solar photovoltaic
with a 2. Lower refining cost via systems.
Strengthened commissioning of energy • Obtain a healthy sales margin by lowering cost per unit
Income cost saving projects production.
Stream
3. Focus on product • Further diversify income stream from new sugar-related
diversification and businesses with better margins.
integration • Explore product integration to improve consumer experience.
4. R&D on food and non-food • Strengthen our refined sugar export footprint regionally
sugar related products to be an established distributor in destination markets.
5. Increase export of • Value accretive via vertical integration with downstream M&A
value-added sugar products in synergistic business.
(new SKU)