Annual Report 2015

THE MALAYSIAN TIN PRODUCTS MANUFACTURERS’ ASSOCIATION
(MTPMA)

Report of the Management Committee
for the year 2015

To : ALL MEMBERS

NOTICE IS HEREBY GIVEN that the Twenty Sixth Annual General Meeting of the Malaysian Tin Products Manufacturers' Association will be held at the Garden Room, Royal Selangor International Sdn Bhd, 4, Jln. Usahawan Enam, Setapak Jaya, 53200 Kuala Lumpur on Wednesday, 1 June 2016 at 12.00 noon.

AGENDA

1. Presidential Address.

2. To confirm minutes of the Twenty Fifth Annual General Meeting held on 16 June 2015.

3. To receive and adopt the Accounts and the report of the Management Committee and of the Auditors for the year ended 31 December 2015.

4. To elect Management Committee Members for the ensuing year.

5. To elect a President, Vice-President, Hon. Secretary and Hon. Treasurer from the elected members of the Management Committee.

6. To appoint Auditors for the ensuing year.

7. Any other business.

By Order of the Management Committee
C. S. Lim
Honorary Secretary

8th Floor, West Block
Wisma Selangor Dredging
142-C, Jalan Ampang
50450 Kuala Lumpur

4 May 2016

A member wishing to bring before a general meeting any motion or business not relating to the ordinary annual business shall give notice thereof in writing to the Management Committee at least seven days before the meeting - Clause 10(b).

NOTE : A Form of Proxy can be found at the last page of the Annual Report.

1. ACCOUNTS

The Auditor’s Report and Financial Statements of the Association for the year ended 31 December 2015 are shown in Appendix A.

Income from membership and weblink subscriptions, interest and newsletter advertisement during 2015 totalled RM10,561. Expenditure during the year totalled RM7,446, thus a surplus of RM3,115 was recorded for the year ended 31 December 2015.

Net current assets of the Association at 31 December 2015 as shown in the Balance Sheet stood at RM34,088 as compared with RM30,973 at end December 2014.

2. SUBSCRIPTION

The rates of entrance fees and annual subscriptions for 2015 remained the same as follows:-

(i) ORDINARY MEMBER
Entrance fee - RM100
Annual Subscription - RM100 per annum

(ii) ASSOCIATE MEMBER
Entrance Fee - RM100
Annual Subscription - RM100 per annum

Entrance fee and annual subscription are payable in advance at the time of application for membership and thereafter the annual subscription is payable on 1 January of each year.

At the Association’s Annual General Meeting held on 24 June 1997, members approved the revision of the annual subscription rates to RM800 and RM600 per annum for ordinary and associate members, respectively. However, your Management Committee decided that the date for implementation of the new fees be deferred for the time being to a suitable date in the future.

3. MEMBERSHIP

Membership in the Malaysian Tin Products Manufacturers’ Association (MPTMA), comprising ordinary and associate members, stood at 17 at the end of the year under review.

4. REGISTRATION

The Association was officially registered on 15 February 1990 with the Registrar of Societies under the Societies Act 1966.

5. MANAGEMENT COMMITTEE MEMBERS

At the Association’s Twenty Fifth Annual General Meeting held on 16 June 2015, the following were duly elected to constitute the Management Committee for 2015/2016, with their appointed alternates in brackets;

Mr. Chen Tien Yue – (Ms. Keong Joo Dee)
(Royal Selangor International Sdn. Bhd.)

En. Hamid Mokhtar
(RedRing Solder (M) Sdn. Bhd.)

Mr. Lim Cheng Sang - (Mr. Lim Sheng Seaw)
(Metal Reclamation (Industries) Sdn. Bhd.)

Ms. Ellena Lee
(Selayang Solder Sdn Bhd)

Mr. Jason Lee
(Henkel (M) Sdn. Bhd.)

Mr. Tadashi Kitamura
(Senju (M) Sdn. Bhd.)

En. Ab. Patah Mohd
(Perusahaan Sadur Timah Malaysia (PERSTIMA) Sdn. Bhd.)

Mr. Jason Yee
(Metahub Industries Sdn. Bhd.)

Mr. Yuji Kozutsumi
(Nihon Superior (M) Sdn. Bhd.)

6. PRESIDENT AND OFFICERS

The following Committee members were duly elected as office-bearers of the Association for 2014/2015:-

Mr. Chen Tien Yue – President
(Royal Selangor International Sdn. Bhd.)

En. Hamid Mokhtar – Vice-President
(RedRing Solder (M) Sdn. Bhd.)

Mr. Lim Cheng Sang – Honorary Secretary
(Metal Reclamation (Industries) Sdn. Bhd.)

Ms. Ellena Lee – Honorary Treasurer
(Selayang Solder Sdn. Bhd.)

7. MANAGEMENT COMMITTEE MEETINGS

The Management Committee met four times during 2015, namely in January, April, June and October. These meetings were held at the Association’s Secretariat. At these meetings the Committee deliberated and considered matters and issues concerning the Association and the industry, and when necessary, raised them with the relevant authorities.

8. 25th ANNUAL GENERAL MEETING/ANNUAL LUNCHEON

The Association’s 25th Annual General Meeting was held on 16 June 2015 at the Secretariat Conference Room, 8th Floor, West Block, Wisma Selangor Dredging, Jalan Ampang, Kuala Lumpur. This was followed by an Annual Luncheon at the same venue.

9. SOLDER SUB-COMMITTEE

The Sub-Committee on Solder, formed in 1993, comprise major solder companies as its members. With Mr. Lim Cheng Sang, a Past-President, as its Convenor, the Sub-Committee was again active during the year under review.

The Sub-Committee provides solder company members of the Association a platform for discussion on matters of common and mutual interests. The meetings of the Sub-Committee have benefited its members as they are provided with the opportunity to share experiences and expectations of the market for their solder products and prices, trends in metal prices and the market, as well as deliberate on issues and impediments facing the sub-sector.

During 2015, the Sub-Committee on Solder met a total of three times. A major subject matter which the Sub-Committee continued to deliberate last year concerns the market outlook for solder products, locally and internationally. Other matters discussed during the year include the prevailing electrical and electronic (E&E) sector’s demand for solder, R&D on solder, development in tin technologies and minimum wage.

10. SEMINARS

Due to continuing difficult market conditions, the Association did not organise any seminar during the year. It is hopeful that the organising of relevant seminars for both members of the Association and the fraternity will be revived in the very near future as economic and business conditions improve.

11. NEWSLETTER

The Association continued to publish its quarterly Newsletter called “Malaysian Tin Products” during the year. The Newsletter is a public relations exercise and a means to maintain interest amongst members and the fraternity on developments in the Association. It contains news, events and updates concerning the Association, its members and the industry. The Newsletter has a permit from the Ministry of Home Affairs, which enables it to be circulated to the public as well. It is produced in-house by the Association’s Secretariat.

The Newsletter published during 2015 continued to improve in terms of layout, contents, and advertising support. This was to enhance its readership value to members and the public, and as an additional source of income for the Association. The Newsletter Editorial Sub-Committee, formed to oversee the production of the Newsletter, met four times during the year. It provided suitable guidance to the Secretariat in the compilation of the publication and the formulation of strategies for strengthening support of the Newsletter.

12. OTHER ACTIVITY

A working visit to Tumasek Pewter in Kepong, Kuala Lumpur was organised by the Association during the year for its members and associates on 11 June 2015. The visit was led by the Association’s President and the main objective was to give members of the Association the opportunity to understand the workings and operational set up of the pewter factory as well as to gain better insight into the pewter business.

13. AUDITORS

Messrs Kamal Zahari & Co., Kuala Lumpur was re-appointed Auditors for the year under review.

14. ADMINISTRATION

The Association’s Secretariat is located on the 8th Floor, West Block, Wisma Selangor Dredging, Jalan Ampang, Kuala Lumpur. It has no employee but all its secretarial functions are undertaken by the Secretariat staff of the Tin Industry (Research and Development) Board.

15. ACKNOWLEDGEMENT

The Association records its appreciation to all those who have served on the Management Committee during the year under review.

The Association also wishes to record its sincere thanks for the understanding and support of the Ministers of International Trade and Industry, Home Affairs, and Natural Resources and Environment, their Secretary-Generals and senior officials.

Last but not least, the Association is most grateful for the continuing secretarial and administrative support provided by the Tin Industry (Research and Development) Board and its Secretariat staff during the past year.

By Order of the Management Committee
C. S. Lim
Honorary Secretary

4 May 2016
Kuala Lumpur

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