• Wednesday, 19 June 2024

F&N Celebrates 140 Years with a Tribute to its Heritage & Unwavering Support by Malaysians

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Fraser & Neave Holdings Bhd (‘F&NHB’ or ‘Group’), a name synonymous with tradition and excellence, proudly marks the brand’s 140th anniversary with a heartfelt theme that resonates deeply with the Malaysian community – “Kisah Kita… Selamanya.”

F&NHB’s commitment to delivering “Pure Enjoyment, Pure Goodness” with its diverse range of beloved brands has woven an enduring tapestry of shared memories. The anniversary theme, “Kisah Kita… Selamanya,” captures the essence of these cherished traditions, where F&N products have served as catalysts for countless heartwarming connections among loved ones.

“F&N is honoured to stand as steadfast companions for generations of Malaysians. As we celebrate our heritage, we are also excited for the years ahead, embracing an era of sustainable growth and transformation,” affirmed F&NHB Chief Executive Officer Lim Yew Hoe.

Today, F&NHB is present in 89 countries and continues to evolve its business through strategic acquisitions and expanding its footprint across the food and beverages value chain. Fortified by the recent integration of Sri Nona and Cocoaland products into its portfolio, the Halal Packaged Food sector is a promising pillar of growth for F&NHB. This move enables F&NHB to cater to diverse tastes and preferences, further solidifying its position as the market leader.

As the Group continue its growth journey, F&NHB’s commitment to sustainability takes centre stage as it shapes the landscape of Malaysia’s future.

Underlining this commitment, Lim shared that the Group is actively developing the largest integrated dairy farm in Malaysia, spanning over 2,726 hectares in Gemas, Negeri Sembilan, that will produce 100 million litres of fresh milk annually in Phase 1 for local and international markets, fulfilling F&NHB’s aspiration to put fresh milk into every home in Malaysia.

Beyond the dairy farm, F&NHB’s plans for feed crop farming within the facility align with the government’s goal of reducing the nation’s dependence on imported feed. The farm will also be designed around sustainable agriculture, circular economy practices, and green technology.

Since 2020, F&N has progressively reduced its reliance on fossil fuels by installing one of Malaysia’s largest rooftop solar photovoltaic (PV) systems at its facilities. With 11,000 solar panels at its Shah Alam plant, the generated solar energy now accounts for more than half of the electricity demand for producing 100PLUS, Malaysia’s No. 1 Isotonic beverage. Following this milestone, 100PLUS will carry the “Solar” emblem across its packaging.

Apart from renewable energy, F&N is committed to reducing its environmental impact throughout its value chain. This includes a roadmap to use 100% RSPO Certified Sustainable Palm Oil by 2025 and enhancing the circularity of its product packaging. For 2023, the Group will use 60% Certified Sustainable Palm Oil and 40% RSPO credits. Meanwhile, 25% of its beverage and dairy packaging is sourced from recycled material. F&N is also a long-time champion of recycling awareness among school children through the F&N School Recycling Programme involving 1,300 schools nationwide.

F&NHB’s dedication to sustainability has positioned F&NHB in the global top 1 percentile of its Food and Beverage Supersector for FTSE4GOOD ESG score in the June 2023 review by Bursa Malaysia, a testament to the company’s Environment, Social, and Governance (ESG) practices.

“We take this accolade with pride and a sense of responsibility to do even better for our future generations. As we pursue profitable growth, we remain cognisant that our goals must be achieved in the most sustainable manner,” stated F&NHB’s Chairman, Y.A.M. Tengku Syarif Bendahara Perlis Syed Badarudin Jamalullail.

“All the achievements in the past and progress for the future can only be possible with our loyal customers’ unconditional support over the decades. We look ahead to an exciting future where we continue building value for our stakeholders by creating a better business, society, and planet together, hand in hand with the communities we serve,” concluded Y.A.M. Tengku Syed Badarudin Jamalullail.

The F&N 140th Anniversary celebration was held with a special roadshow at the Oval Atrium, LG Concourse Level, at 1Utama Shopping Centre. Guests can create memories with F&N through the exciting activities in ‘Pekan F&N’. Customers also stand a chance to win one of the three limited edition Vespa scooters during the F&N 140th Anniversary roadshow.

The celebration was officiated by F&NHB’s Chairman, Y.A.M. Tengku Syed Badarudin Jamalullail, Mr. Hui Choon Kit, Chief Executive Officer of Fraser and Neave, Limited, alongside Mr. Lim Yew Hoe, Chief Executive Officer of F&NHB and several members of the F&NHB Board. Also present were 100PLUS ambassadors Datuk Wira Lee Chong Wei and Dato’ Muhammad Azizulhasni bin Awang, who participated in the anniversary celebrations together with roadshow attendees.

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