HUP SENG INDUSTRIES BERHAD ("HUP SENG" or "the Company") · SOLE DISTRIBUTOR AGREEMENT WITH IN-COMIX FOOD INDUSTRIES SDN BHD ("IN-COMIX"); AND · TERMINATION OF DISTRIBUTORSHIP AGREEMENT WITH SUPER COFFEEMIX MANUFACTURING LTD ("SUPER")

HUP SENG INDUSTRIES BERHAD

Type

Announcement
SubjectHUP SENG INDUSTRIES BERHAD ("HUP SENG" or "the Company")
· SOLE DISTRIBUTOR AGREEMENT WITH IN-COMIX FOOD INDUSTRIES SDN BHD ("IN-COMIX"); AND
· TERMINATION OF DISTRIBUTORSHIP AGREEMENT WITH SUPER COFFEEMIX MANUFACTURING LTD ("SUPER")

Contents :

The Board of Directors of Hup Seng (“Board”) is pleased to announce that the Company’s wholly-owned subsidiary, Hup Seng Hoon Yong Brothers Sdn Bhd (“HSHYB”) had on 9 May 2005 entered into a Sole Distributor Agreement with In-Comix Food Industries Sdn Bhd (“In-Comix”) where In-Comix grants HSHYB the sole-distributorship rights to import, market, sell, export and distribute In-Comix’s products (namely, 3 in 1 Instant Coffee-mixes under the brand names "In-Comix", "Eagle Express", "Red Eagle", and "Jazz", and cup noodles products) within the territories of Malaysia and Thailand. The sole-distributorship rights shall commence on 1 June 2005. The Sole Distributor Agreement shall be automatically extended on annual basis.


The Board also wishes to announce that distributorship agreement entered into between HSHYB and Super Coffeemix Manufacturing Ltd (“Super”) for HSHYB to distribute instant beverage series under the brand of “Super” will be terminated effective from 31 May 2005.

This announcement is dated 10 May 2005.


Announcement Info

Company NameHUP SENG INDUSTRIES BERHAD  
Stock Name HUPSENG    
Date Announced10 May 2005  
CategoryGeneral Announcement
Reference NoHS-050510-BF20D