Malaysians should brace themselves for more-ish savoury snacks as Singapore’s The Golden Duck Co., purveyor of delicious fish skin crisps and potato wedges coated in salted egg yolk, is finally available in physical stores in the country now.
The Golden Duck, founded by Mr. Jonathan Shen and Mr. Christopher Hwang in 2015, has since 2018 become one of the leading savoury brands in Singapore, where it is available at most major retailers in multiple locations as well as online in 15 countries including China, Mauritius, The Philippines, Australia, United States, Qatar and the Kingdom of Saudi Arabia.
Jonathan, co-founder of The Golden Duck, said, “We are really excited that our products will now be available in physical stores in Malaysia. We know many Malaysians are familiar with the taste of our products and now they can easily buy it off the shelves and online when they have the cravings.”
The Golden Duck had debuted in November 2015 in a pop-up store in a mall and very quickly gathered a following, with the popularity of their salted egg yolk-coated potato wedges prompting the duo to limit purchases to five bags per customer.
Jonathan and Christopher earned themselves a spot in Forbes 30 Under 30 Asia list in 2017 as successful entrepreneurs after the snacks they sold became popular among Singaporeans, who consumed an average of 10,000 bags a week by 2017. Today, The Golden Duck produces up to 300,000 bags a day from its factory in Singapore.
“We are offering a healthy option with flavour and quality sourced from ingredients across Asia as we want our snacks to stand out. Fish skin crisps coated with salted egg yolk and other flavours such as Sichuan Mala or Chili Crab will liven up a weekend gathering or make for an accompaniment to a movie,” Christopher, co-founder of The Golden Duck said.
The Golden Duck’s five main products include Salted Egg Yolk Fish Skin Crisps, Salted Egg Yolk Potato Ridges, Chilli Crab Seaweed Tempura, Salted-Egg Crab Seaweed Tempura and Bangkok Tom Yum Goong Gourmet Mix.
Srinanaporn Marketing PCL (SET: SNNP) Senior Executive Vice President Business Division I, Mr. Wiroj Wachiradechkul gave an impressive interview about his marketing strategy and company vision which have been the key factor driving SNNP a fast-growing FMCG company in Thailand and soon the region.
Mr. Wiroj Wachiradechkul
1. What was the key to success that significantly drove SNNP’s business performance in 2021?
First of all, long-term planning is essential for an FMCG business. Before launching new products, we always do consumer research to find consumer demand. Therefore, business performance in 2021 is the payback for our hard work over the past three years. In addition, we have a variety of products, mainly snacks, and beverages such as Bento, Jele, Magic Farm, Lotus, and 20-30 other brands. When in the low season of one product, we have other different options to offer the customer. This is why our performance was quite good throughout the whole year.
Second, we have the products that position the market leaders, Bento and Jele, to which we have consistently penetrated marketing activities. For the F&B industry in this country, I have seen any Thai brands that cover up to 70% market share. And both products are from the same company. Thus, today our well-planned tree has grown by leaps and bounds. This is the first step. The result from Q1/2022 will probably come out even better than the year 2021.
2. What has been the strength that makes SNNP stand out from competitors in the market?
Srinanaporn Marketing Public Company Limited is originally a Thai company. Executives have been in this business for over 30 years. We know the needs of consumers, retailers, wholesalers, and, thereafter, the comprehensive method for product development. This is the first one. Very important. Once the products hit the market, everyone tries them and feels delicious, mellow, and safe. This is the strength of product development we have adhered to for over 30 years. And today, it’s still the same generation. After that, when the products become popular, we launch marketing campaigns to extend market share.
The second phase was when we listed the company on the stock exchange. We had to change the structure and bring in professionals whose experience could help us improve our operation and management. Those working with us before will see that the current process and management have differed from the past. We have adjusted ourselves to accommodate future consumer changes.
They said that big fish nowadays could not eat little fish because it is more adaptable than big ones. But another aspect that I think is also very important is the marketing strategy. Assuming there are 100 products in the market. Maybe only five would be successful. Concept of placing products and doing market research to find the actual demand of consumers must be precise. The key is to turn consumers’ needs into products they must purchase.
3. What is your marketing plan for new products in 2022?
Firstly, SNNP has successfully placed a new product called “Jele Chewy,” targeting upper elementary – middle school children. We wanted to introduce “Jele” to the younger generation since we already have a “Jele Cup,” “Jele Freshy,” and “Jele Beauty” for adults. So, Jele Chewy came out to fill the gap. We succeeded pretty well. Secondly, “Lotus chicken skin.” We expect the product will achieve its goal. The primary aspect is hygienic and low-fat ingredients, followed by convenience, as consumers can buy it 24-7 because it’s available in the convenience-stole. Another major highlight this year is that we are the first and only company in Thailand to produce hemp and cannabis-related products. We released lotus chicken drumsticks mixed with hemp leaves and hemp seeds. Hemp seeds are high in protein which Thai people still know very little about. Therefore, we have been working hard to educate consumers and make them understand the benefits. Another item that I think would catch the thunder is “Magic farm cannabis leaf juice.” We couldn’t even produce fast enough to fill the demand during summer.
In the meantime, we have already planned the product pipeline, marketing campaigns, and a new advertising movie for the next three quarters. In addition, the best part of Q3 is a new Jele with cannabis and CBD. It will definitely be the star. Next destination, we aim to launch food supplements in the jelly form. Today, when consumers buy food supplements in department stores, often, they were informed about the benefit by word of mouth. However, we will make it reliable. And we are confident because SNNP has been in this business for 30 years, and every Jele product contains vitamins. So, it is going to be our future S curb.
4. What about the overseas marketing plan?
We currently have products distributed in 35 countries on five continents, which is the model where we have local distributors. At the same time, we also have another business model in Cambodia and Vietnam, where we set up our factories. We expect our factory construction in Vietnam to be completed sometime around the end of Q2. SNNP has been in this market for more than ten years. We are confident that consumers are familiar with our products. After that, in the medium term, we have the initiative to set up a factory in Indonesia. We currently rely on the local convenience store chains which distribute our products throughout their tens of thousands of branches. Just like 7-11 here. Another significant market is China. Today, our revenue in China is still a tiny amount. However, in the future, I guarantee the figure will grow enormously. Overall speaking, our current business revenue is 80 percent in Thailand and 20 percent abroad. One day, the latter will grow more extensive than the former. Today our revenue is between 4 – 5 billion THB. But if the overseas business grows bigger, it is not too exaggerated to expect a ten billion THB within the near future. And it will be a great honor for SNNP. From a Thai company to becoming a regional and worldwide corporate.
Nowadays, even though we don’t seriously focus on marketing strategy overseas, Korean artists pick Bento whenever they come to Thailand. So, if you want to hold their hand, just give them Bento, and they will come and take your hand. A famous Thai artist in Korea who visited Thailand recently brought Bento back for her friends. If you are a fan of Korean artists, you would see they helped us promote Bento from time to time. Do you know Bento is one of the top five tourists’ most-picked products?
5. SNNP has been with Thai society for over 30 years. How do you define sustainability, and to what extent have you applied it to the company?
People are the center of corporate sustainability. We have employees, both Thais, and foreigners, of over 3,000. What inspires them to continue working here? Because people are our priority. They come first. People are essential in the development and extension of the organization. When they are well trained and knowledgeable, the extension of sustainability in various dimensions will come after. We also provide CSR and improve the work environment in the factory. For example, recently, I made a solar roof at the factory, changing and upgrading machines to prevent the risk of an accident. These are essential elements of the organization’s sustainability. They surround the center, which is the people.
6. What core values do you and the employees adhere to at work?
All the products, whenever our children try, must be safe. That’s the number one aspect. Second, it must be delicious. And finally, good for health. The core value we adhere to has proved itself through the quality of the products. Every item we sell domestically and internationally always comes from excellent consumer research. We develop innovation to fulfill consumers’ needs. It is embedded in the DNA of everyone who founded this company and passed on from generation to generation.
About The Executive Q&A Series
The Executive Q&A Series is presented by ShareInvestor, Asia’s leading financial internet media and technology company and the largest investor relations network in the region. For more information, email admin.th@shareinvestor.com. Website: www.ShareInvestorThailand.com
It’s time to visit the Spritzer EcoPark in Taiping, Perak and see the exciting Hari Raya Balik Kampung Bersama upcycling decorations from 19 April to 31 May 2022 with free admission.
The EcoPark has upcycled thousands of Spritzer Natural Mineral Water bottles into traditional decorations in the spirit of Hari Raya Aidilfitri. Visitors will be welcomed by a main arch with the sight of festive decor, including ketupat wraps, daybeds and pots reminiscent of a traditional kampung household.
Muslim visitors and their families and friends can stroll through the EcoPark, break their fast amid a pristine setting at cosy STG Cafe and enjoy an evening of togetherness while taking selfies and pictures capturing the fully decorated park as keepsakes.
Spritzer EcoPark has a host of activities and attractions for visitors from 30 April to 8 May 2022, including pedal kart rides, Balik Kampung lollipops and ketupat chocolates to sweeten the palate and Tropical Fizz drinks by Spritzer Sparkling to quench thirst. The Souvenir Shop and Water Shop promotions will also be held during this period.
Other fun activities lined up from 30 April to 8 May 2022 include: – DIY workshop for floral crafting, flower baskets and crafting – Snap and post pictures of the festive decor or activities to win lucky draw prizes – Surprise gifts daily to be redeemed by the first three birthday stars of the day
In conjunction with Mother’s Day, there will be additional activities like manicure services, body art painting and customised illustrations* from 6 to 8 May 2022.
Visitors are encouraged to enjoy themselves in a safe manner. Spritzer will continue to adhere strictly to all standard operating procedures, and encourages checking in through MySejahtera, having masks on at all times and sanitising of hands.
Resintech Berhad (7232; RESINTC), a fully integrated provider of polyethylene products and unplasticized polyvinyl chloride (uPVC), has today proposed a bonus issue of up to 50,308,463 new ordinary shares on the basis of 1 bonus share for every 3 existing Resintech shares as well as a proposed bonus issue of up to 100,616,926 free warrants on the basis of 1 warrant for every 2 existing Resintech shares.
Dato’ Dr. Teh Kim Poo, Managing Director of Resintech Berhad
The entitlement date for the bonus issue of new ordinary shares will be determined and announced later by Resintech’s Board of Directors (“the Board”) while the entitlement date for the bonus issue of free warrants will be determined and announced later by the Board based on the names of shareholders appearing in the Company’s record of securities holders.
The bonus shares will be entitled to the bonus warrants as the proposed issue of warrants will be implemented following the completion of the proposed bonus issue of shares.
Managing Director of Resintech, Dato’ Dr. Teh Kim Poo said, “The proposed bonus issue of shares and warrants is to reward shareholders as the increase in the number of shares come at no cost to existing shareholders while the warrants enable them to participate in the derivative of the Company’s shares at no cost and at the same time provide them with an opportunity to increase their equity participation through exercising their warrants.”
“The bonus share issue will also improve trading liquidity of Resintech shares through increasing the number of shares issued while the warrants will strengthen the Company’s capital base and shareholders’ funds as and when they are exercised.”
Resintech recently signed a Memorandum of Understanding to acquire a 30% stake in Bionutricia Holding Sdn. Bhd. (“Bionutricia”) from the controlling shareholders for the sum of RM8.7 million.
Bionutricia is a biotechnology firm specialising in the production and commercialisation of plant- and fruit-based extracts and active fractions from local herbs through advanced nano-biotechnology processes.
Surprise-Inside Confectionary Brand Helps Families Create Heartwarming Memories with Free Activities, Crafts, Games and More
Yowie Group, the confectionary company that brings families sustainably sourced sweet treats combined with a unique educational experience, has officially debuted their “Fill Baskets and Hearts with Yowie” Easter campaign. This spring, Yowie is delighted to bring loved ones together by offering a curated collection of free Easter-themed activities featuring sweet treats, homemade gifts, engaging activities and fun educational experiences.
“At Yowie, we pride ourselves on being a resource to parents as they plan family friendly festivities that lead up to Easter weekend as well as on the actual holiday,” said Yowie Group’s Global CMO, Cynthia Thayer. “Fans in U.S. and Australia will delight in making homemade Yowie-themed crafts and creating tasty Yowie treats. We hope these Easter-inspired Yowie activities fill hearts, homes and baskets during this special time of celebration.”
This Easter, try an all-new recipe featuring a Yowie Surprise-Inside Chocolate Egg, perfect for parties with friends and family celebrations. Children can also decorate the fridge, playroom, or their bedroom with Yowie-themed cut out Easter eggs decorated with Yowie’s colorful foil and animal collectibles.
What are some other ways to celebrate Easter with Yowie?
Yowie surprise-inside chocolates provide an engaging experience that collectors and fans enjoy all year long. By providing delicious, sustainably sourced, 100% milk chocolate free from GMOs, gluten, nuts, palm oil and artificial coloring and flavors AND the surprise and delight of discovering which collectible is inside each Yowie egg, it’s the perfect Easter treat for the child that loves learning about endangered animals and wildlife conservation.
“Yowie is the smart treat to surprise children with this Easter,” said Thayer. “Not only do kids get to eat delicious chocolate, but they get to learn about endangered wildlife and enjoy playtime with their limited-edition collectible figurines. Families and friends who gift Yowie surprise-inside chocolate eggs feel good about gifting Yowie because they’re gifting a guilt-free, smart treat that inspires both learning and playtime.”
To learn more about Yowie’s future campaigns as well as their current Superpower collection, visit www.yowieworld.com, find them on Facebook, or look for @YowieWorld on Instagram. You can also find easy, interactive, and educational craft projects and games on their YouTube channel and on Pinterest. Collectors can leverage the ‘Yowie Collector’ app to keep track of their growing collection by downloading the free app on the Apple App Store or on Google Play. Yowie surprise-inside chocolate eggs can be found in more than 30,000 retail outlets across the United States, including Walmart, Walgreens, 7Eleven, Albertson’s, Meijer, SuperValu, Giant Eagle, H-E-B, Food Lion, Casey’s, Circle K and many more. And in Australia at Woolworths, Big W, Kmart and select IGA stores. Check the store locator at YowieWorld.com to find a location near you.
About Yowie Yowie is best known for its flagship product, the Yowie surprise inside chocolate. Each Yowie product is created in the shape of the Yowie characters and contains limited-edition collectible animal toys and a full color leaflet featuring a picture of the real-life animal, its profile and level of endangerment. Our social media channels and website allow collectors to learn more about the animals and their world while having loads of fun through games and competitions. The combination of tasty, clean-label treats, fun animal toys and a digital platform encourages kids to learn about the natural world and understand its need for protection. Yowie products are available in more than 30,000 retail outlets across the U.S. and in Woolworths, Big W, Kmart and select IGA stores across Australia. For more information visit www.yowieworld.com.
Company sees growth from use of plant and fruit extracts for food supplement and healthcare products
Resintech Berhad(Bursa: RESINTC, 7232), a fully integrated provider of polyethylene products and unplasticized polyvinyl chloride (uPVC), is pleased to announce the signing of a Memorandum of Understanding (MoU) for the acquisition of a 30% stake in Bionutricia Holding Sdn. Bhd. from the controlling shareholders for the sum of RM8.7 million.
Mr. Ng Kuak Ping, CEO of Bionutricia; Mr. Teh Leng Kang, ED of Resintech Bhd; Ms. Kong Siew Mee, GM of Bionutricia [L-R]
Bionutricia is a biotechnology firm established in 2006 specialising in the production and commercialisation of plant- and fruit-based extracts and active fractions from local herbs through advanced nano-biotechnology processes. Bionutricia’s products include proprietary standardised herbal plants and fruits-based extracts, food supplement, baking ingredients, nutraceutical ingredients, healthcare products and functional food ingredients. Its facilities are certified GMP, HACCP, JAKIM Halal and kosher.
Resintech is acquiring the stake from the controlling shareholders, Ng Kuak Ping (“Ng”) and Kong Siew Mee, Bionutricia’s Chief Executive Officer and General Manager, respectively.
Managing Director of Resintech, Dato’ Dr. Teh Kim Poo said, “The heightened awareness and education on food safety in recent years have meant that people are more careful in what goes into the processing of the food and beverages they consume. Bionutricia’s green biotechnology extraction processes are suitable for colouring and flavouring in food and beverages because of the natural ingredients used”.
“Our entry into the biotechnology space through the acquisition of the 30% stake in Bionutricia is recognition of the growth opportunities from the increasing food-safety awareness among consumers. We expect demand for safer and natural food colourants and flavourings to grow exponentially as a result of these health and food-safety concerns.”
Ng of Bionutricia said, “We look forward to a mutually beneficial partnership with Resintech and we are excited to work with them on the growth possibilities for our products and solutions in the food and beverage industry. Together, we are better able to seek opportunities to expand the business.”
Resintech registered revenue of RM61.6 million for the nine months ended 31 December 2021 (“9MFYE22”), an increase of 13.2% compared with RM54.4 million in the corresponding period of 9MFYE21. The Company recorded RM5.0 million in profit before tax in 9MFYE22, a decrease of 7.4% compared with RM5.4 million while there was a 15.8% decrease in profit after tax to RM3.2 million compared with RM3.8 million in the previous corresponding period mainly due to movement restrictions and disruptions to business operations.
Company donates Spritzer Natural Mineral Water as part of efforts to aid those in need in the East Coast
Spritzer(Spritzer or the Company) is aiding flood victims in Terengganu by ensuring that they have access to clean water for drinking purposes following flooding across the state after continuous rain.
Due to the continuous heavy rain in Peninsular Malaysia, it has been reported that flooding has occurred in all eight districts in Terengganu affecting more than 17,000 people at 87 relief centres.
The Company has arranged, with the help of the Ministry of Domestic Trade and Consumer Affairs, to send Spritzer Natural Mineral Water to a centralised aid centre for flood victims located at the Hulu Terengganu Member of Parliament’s office, as part of efforts to alleviate their suffering. Continuous rains across the state have affected thousands, who are being housed at relief centres.
Spritzer urges everyone to be careful of contamination from the flood waters and avoid all unknown sources of water. People are encouraged to boil water from taps used for drinking, cooking and brushing teeth. Do not use discoloured water or water that have an odour and avoid contact with contaminated water on skin and eyes.
Spritzer is showcasing ONG-ONG Wishes, SUI-SUI Dishes!, a short film introducing festive dishes for this Chinese New Year put together by the Head Chef of De Beauty Restaurant.
Video link: Spritzer YouTube https://www.youtube.com/watch?v=dcRfAcfdn9U
Presented alongside Spritzer Natural Mineral Water, “ONG-ONG Wishes, SUI-SUI Dishes!” is a procession of popular dishes served against the backdrop of the reunion dinner held on the eve of the lunar new year when families get together to celebrate a time of togetherness and wish each other a healthy and prosperous year ahead.
The Company explained that this short video is about welcoming the Year of the Tiger with auspicious dishes and wishes that bring memories of good food and good company together with the healthy benefits of Spritzer Natural Mineral Water. Spritzer hopes this short video will not only bring about the warmth of family togetherness but also inspire all of us to live healthier and fulfilling lives.
Spritzer is also participating in the Experts’ Choice Awards – Top 10 CNY TVCs 2022 Edition and would like to invite everybody to vote through this link, expertschoiceawards.com/vote. The link will be activated from 1 February 2022 to 14 February 2022.
For those who have not picked up their drinks for the festive celebration, you can get Spritzer products from your nearest outlets and stand a chance to win from Drink, Win & Huat Contest ending on 15 February 2022.
For more information, please contact: Muhammad Hakim Syed Munif Tel: +60 12 318-5410 Email: h.juraimi@swanconsultancy.biz
Thousands of recycled bottles made into ingots and other ornaments to celebrate the lunar new year at Spritzer EcoPark
Spritzer (the Company) invites visitors to celebrate the Year of the Tiger at the decorated Spritzer EcoPark in Taiping, Perak from 18 January – 18 February 2022.
Spritzer invites visitors to celebrate the Year of the Tiger at the decorated Spritzer EcoPark in Taiping, Perak, Malaysia from 18 January – 18 February 2022.
Thousands of recycled Spritzer Natural Mineral Water bottles have been given new lives as traditional lunar new year decorations such as ingots and ornaments lighting up Spritzer EcoPark and giving cheer to the seasonal celebrations as the Company takes the initiative to encourage and inspire everyone to recycle their waste, including bottles, that can be turned into other uses while helping to keep the environment clean.
Admission to the Spritzer EcoPark is free and visitors can stroll through the park to admire the festive decorations made from recycled bottles while taking pictures to keep as memories.
Spritzer EcoPark would like all visitors to have fun and enjoy themselves while continuing to adhere strictly to all standard operating procedures, including checking in through MySejahtera, social distancing, having masks on at all times and with sanitisers provided at various locations around the park.
As part of the festive celebrations and Valentine’s Day this year, pre-orders of customisable seasonal gifts, handmade bouquets and gift boxes are available for pre-order*.
Spritzer hopes to welcome everyone in a safe manner. Please plan your time and have a fun-filled experience at Spritzer EcoPark for this coming Chinese New Year!
*For more information and assistance, contact Ms. Peiwei +6018-386 2663 / Ms. Emi +6016-542 5915.
For more information, please contact: Muhammad Hakim Syed Munif Tel: +6012 318-5410 Email: h.juraimi@swanconsultancy.biz
Yowie Group eagerly announces the debut of a new, “ultra” rare collectible, the Pacific Giant Glass Frog. This figurine is the rarest collectible Yowie has ever released and is a part of the newly released “Animals with Superpowers” series. Its superpower is translucency. Native to Ecuador and Columbia, their skin is translucent showing the organs, bones and muscles that lie beneath. This spectacular amphibian is Critically Endangered in the wild. Yowie hopes that being part of this new collection in a special way will bring added awareness to their plight and how they can be helped.
The odds of finding a Pacific Giant Glass Frog are one in one thousand! That’s a .001 percent chance of discovering one inside of a surprise-inside Yowie chocolate. Now that Yowie collectors are aware of the Pacific Giant Glass Frog as part of the “Animals with Superpowers” series, fans throughout the U.S. and Australia will unwrap the brightly colored foil Yowie characters with anticipation, in hopes of discovering they have scored this unique animal. Among the first to discover the Pacific Giant Glass Frog in Australia is Jason Ross.
“I’ve been collecting Yowie since I was a child and was very excited when they came back,” said Ross. “I’ve been collecting the new series ever since! I was taken aback when I found the Glass Frog! It was amazing! I usually only buy when on special, but the new series had just come out, so I thought just get one. I knew of the Glass Frog and its rarity after seeing the first U.S. find. Never did I think I would be the first Australian finder!”
Information regarding the Pacific Giant Glass Frog is available on Yowie’s website so fans can learn more. For anyone eager to discover one or complete their “Animals with Superpowers” collection, Yowie surprise-inside chocolate eggs can be found in Woolworths stores across Australia.
“When we were developing this newest Animals with Superpowers collection, we wanted to do something special and different for our fans. This is our seventh series since the re-launch of Yowie in 2014, and we try hard to keep each new collection fresh and exciting. It is always special to us to call attention to amazing, endangered animals,” said Cynthia Thayer, Global CMO at Yowie Group. “This time, our intent was to very literally surprise collectors with an ultra-rare collectible, letting them be the first to bring it to light to the general public.”
Thayer further explained that there’s an opportunity for Yowie fans to obtain 21 new collectibles if you include the glass frog, in the new series: 19 fascinating endangered animals and two Yowie characters, Nap and Crag. Thayer added, “Yowie is on a mission to make learning about endangered wildlife fun with the added bonus of acquiring high-quality collectibles and 100 percent, clean-label milk chocolate treats.”
To learn more about Yowie’s future campaigns as well as their current Superpower collection, visit www.yowieworld.com, find them on Facebook, or look for @YowieWorld on Instagram. You can also find easy, interactive, and educational craft projects and games on their YouTube channel and on Pinterest. Collectors can leverage the ‘Yowie Collector’ app to keep track of their growing collection by downloading the free app on the Apple App store or on Google Play.
About Yowie Yowie is best known for its flagship product, the Yowie surprise-inside chocolate. Each Yowie product is created in the shape of the Yowie characters and contains limited-edition collectible animal toys and a full color leaflet featuring a picture of the real-life animal, its profile and level of endangerment. Our social media channels and website allow collectors to learn more about the animals and their world while having loads of fun through games and competitions. The combination of tasty, clean-label treats, fun animal toys and a digital platform encourages kids to learn about the natural world and understand its need for protection. For more information visit www.yowieworld.com.
