BBMF1813: Lay Hong Berhad is engaged in investment holdings and poultry farming. The main business of the subsidiary is poultry farming: Principles of Finance Course Work, TARC, Malaysia

School

Tunku Abdul Rahman College (TARC)

*We aren't endorsed by this school

Assignment Type

Individual Assignment

Subject

BBMF1813: Principles of Finance

Uploaded by Malaysia Assignment Help

Date

09/01/2023

Lay Hong Berhad is engaged in investment holdings and poultry farming. The main business of the subsidiary is poultry farming, poultry processing and marketing, organic fertilizer processing, and liquid egg processing. Lay Hong Berhad was founded in 1983 and is headquartered in Shah Alam, Selangor, Malaysia. Lay Hong Berhad is listed in the main market of Bursa Malaysia (EMIS, 2022).

The group first started laying farming business in the 1960s, when the late father of Mr. Yap Hoong Chai, Mr. Yeap Seak Yong set up the sole proprietorship of Lay Hong Poultry Farm Company. In 1973, Mr. Yap Hoong Chai and his two brothers, Mr. Yip Kim Hoong and Mr. Yeap Weng Hong took over their father’s small layer poultry farm. At the time, the company had only one farm producing 10,000 eggs a day (Lay Hong Berhad, 2014).

Lay Hong Berhad is engaged in the integration of animal husbandry and investment holding. The business is divided into three parts: integrated livestock, food manufacturing, and retail operations. Its integrated livestock sector includes commercial laying hens, broilers, and breeders. The company’s food manufacturing division offers related products of chicken and egg. Its retail operations include supermarkets, retail stores, and distribution centers.

The company operates about 65 stores under its brands, including G-Mart, MYSHOP, and JT Trading. The company’s subsidiaries include Hing Hong Sdn Berhad, Evergreen Organic Fertilizer Sdn Berhad (EOF), Innobrid Sdn Bhd, Eminent Farm Sdn Bhd, Lay Hong Liquid Egg Sdn Bhd, and the list goes on (Reuters, 2022).

Get 30% Discount on This Assignment Answer Today!

Get Help By Expert

Elevate your Tunku Abdul Rahman College (TARC) experience with Malaysia Assignment Help's top-notch Course Work Writing Service. Our online assignment experts are here to guide you through BBMF1813: Principles of Finance coursework. Achieve excellence and grasp financial principles effortlessly with our assistance. Visit us today for comprehensive support!

Answer

UP TO 15 % DISCOUNT

Instant Paper Writing Services by Native Malaysia Writers

Plagiarism Free Solutions
100% Original Work
24*7 Online Assistance
Native PhD Experts
Hire a Writer Now
Convincing Features
Plagiarism Free Report
On-Time Delivery
Native Writers
A+ Quality
100% Confidential
24*7 Online Assistance

Get these features included in Your Assignment

Get Assistance for Assignments, online Exam, and Projects Writing