Camres 2009

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Contents
Notice of Annual General Meeting 2
Statement Accompanying
Notice of Annual General Meeting 5
Corporate Information 6
Group Structure 7
Chairmans Statement 8
Directors Profile 9
Corporate Governance Statement 11
Audit Committee Report 17
Statement of Directors Responsibility 20
Statement of Internal Control 21
09
Directors Report 22
Statement by Directors 26
Statutory Declaration 26
Independent Auditors Report 27
Balance Sheet 29
Income Statement 31
Consolidated Statement of Changes in Equity 32
Company Statement of Changes in Equity 33
Cash Flow Statement 34
Notes to the Financial Statements 36
Analysis of Shareholdings 69
Thirty Largest Shareholdings 70
List of Properties 71
Proxy Form Enclosed

Notice of Annual General Meeting
NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held at Function Room 2,
Level 2, Hotel Sri Petaling, 30, Jalan Radin Anum, Bandar Baru Sri Petaling, 57000 Kuala Lumpur on Friday, 25 June
2010 at 11.00 a.m. for the following purposes:-
AGENDA
1. To table the Audited Financial Statements for the year ended 31 December 2009 together with
the Reports of the Directors and Auditors thereon.
2 To approve the Directors Fees for the financial year ended 31 December 2009. Resolution 1
3. To re-elect the following Directors, who retire by rotation in accordance with Article 91 of the
Companys Articles of Association:-
(i) Mr Tan Hong Cheng Resolution 2

(ii) Mr Lee Chin Yen Resolution 3
(iii) Mr Chai Moi Kim Resolution 4
4. To elect Mr Chan Kee Loin who retires in accordance with Article 96 of the Companys Articles of Resolution 5
Association.
5. To re-appoint Messrs Moore Stephens AC as Auditors of the Company and to authorise the Resolution 6
Directors to fix their remuneration.
Special Business
To consider and if thought fit, to pass the following Ordinary Resolutions with or without
modifications:-
6. PROPOSED RENEWAL OF AUTHORISATION TO ENABLE CAM RESOURCES BERHAD TO Resolution 7

PURCHASE UP TO 10% OF THE ISSUED AND PAID-UP ORDINARY SHARE CAPITAL OF
THE COMPANY PURSUANT TO SECTION 67A OF THE COMPANIES ACT, 1965
THAT, subject always to the Companies Act, 1965, the provisions of the Memorandum and
Articles of Association of the Company, the Listing Requirements of Bursa Malaysia Securities
Berhad (Bursa Securities) and all other applicable laws, guidelines, rules and regulations, the
Company be and is hereby authorised, to the fullest extent permitted by laws, to purchase such
amount of ordinary shares of RM0.25 each in the Company as may be determined by the
Directors of the Company from time to time through Bursa Securities upon such terms and
conditions as the Directors may deem fit and expedient in the interest of the Company provided
that:
(i) the aggregate number of shares purchased does not exceed 10 per cent of the total issued
and paid-up share capital of the Company as quoted on Bursa Securities as at the point of
purchase;
(ii) an amount not exceeding the Companys audited share premium account of
RM1,479,147.00 for the financial year ended 31 December 2009 at the time of the
purchase(s) will be allocated by the Company for the purchase of own shares; and
(iii) the Directors of the Company may decide either to retain the shares purchased as treasury
shares or cancel the shares or retain part of the shares so purchased as treasury shares
and cancel the remainder or to resell the shares or distribute the shares as dividends.
AND THAT the authority conferred by this resolution will commence immediately and will, subject
to renewal thereat, expire at the conclusion of the next Annual General Meeting of the Company
following the passing of this Ordinary Resolution (unless earlier revoked or varied by an Ordinary
Resolution of the shareholders of the Company in a general meeting) but shall not prejudice the
completion of purchase(s) by the Company or any person before the aforesaid expiry date and
in any event, in accordance with the provisions of the guidelines issued by Bursa Securities or
any other relevant authorities;
2 CAM RESOURCES BERHAD I ANNUAL REPORT 2009

Notice of Annual General Meeting (Contd)
AND THAT authority be and is hereby given unconditionally and generally to the Directors of the
Company to take all such steps as are necessary or expedient (including without limitation, the
opening and maintaining of central depository account(s) under the Securities Industry (Central
Depositories) Act, 1991, and the entering into all other agreements, arrangements and guarantee
with any party or parties) to implement, finalise and give full effect to the aforesaid purchase with
full powers to assent to any conditions, modifications, revaluations, variations and/or
amendments (if any) as may be imposed by the relevant authorities and with the fullest power to
do all such acts, and things thereafter (including without limitation, the cancellation or retention
as treasury shares of all or any parts of the purchased shares or to resell the shares or distribute
the shares as dividends) in accordance with the Companies Act, 1965, the provisions of the
Memorandum and Articles of Association of the Company and the requirements and/or guidelines
of Bursa Securities and all other relevant government and/or regulatory authorities.
7. PROPOSED RENEWAL OF SHAREHOLDERS MANDATE FOR RECURRENT RELATED Resolution 8

PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
THAT approval be and is hereby given to the Company and its subsidiaries to enter into and give
effect to specified recurrent transactions of a revenue or trading nature and with specified class
of the related parties as stated in Section 2.3 and 2.4 of the Circular to Shareholders dated 2
June 2010 which is necessary for the Groups day to day operations subject further to the
following:-
(i) the transactions are in the ordinary course of business and are on terms not more
favourable to the related parties than those generally available to the public and not to the
detriment of the minority shareholders and that such transactions are made on the arms
length basis and on normal commercial terms; and
(ii) disclosure is made in the annual report of the aggregate value of transactions conducted
pursuant to the shareholders mandate during the financial year; and
(iii) that such approval shall continue in force until:-
(a) the conclusion of the next Annual General Meeting (AGM) of the Company, at which
time it will lapse, unless by a resolution passed at the meeting, the authority is
renewed;
(b) the expiration of the period within which the next AGM after the date it is required to be
held pursuant to section 143(1) of the Companies Act, 1965 (but shall not extend to
such extension as may be allowed pursuant to section 143(2) of the Companies Act,
1965); or
(c) revoked or varied by resolution passed by the shareholders in general meeting.
whichever is the earliest; and
(iv) the Directors and/or any of them be and are hereby authorised to complete and do all such
acts and things (including executing such documents as may be required) to give effect to
the transactions contemplated and/or authorised by this Ordinary Resolution.
By Order of the Board
LIM MING TOONG

NG LAI YEE
Company Secretaries
Kuala Lumpur
2 day of June 2010
CAM RESOURCES BERHAD I ANNUAL REPORT 2009 3

Notice of Annual General Meeting (Contd)
NOTES:
(1) A proxy may but need not be a member of the Company and the provisions of Section 149(1)(b) of the Companies Act, 1965 shall
not apply to the Company.
(2) To be valid, this form, duly completed must be deposited at the Companys Registrar, Tricor Investor Services Sdn Bhd (formerly
known as Tenaga Koperat Sdn Bhd), Level 17, The Gardens North Tower, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala
Lumpur not less than forty-eight (48) hours before the time for holding the meeting.
(3) A member shall be entitled to appoint more than one (1) proxy to attend and vote at the same meeting provided that the provisions
of Section 149(1)(c) of the Companies Act, 1965 are complied with.
(4) Where a member is an authorised nominee as defined under the Securities Industry (Central Depositories) Act, 1991, it may appoint
at least one (1) proxy in respect of each securities account it holds with ordinary shares of the Company standing to the credit of the
said securities account.
(5) Where a member appoints more than one (1) proxy the appointment shall be invalid unless he specifies the proportion of his holdings
to be represented by each proxy.
(6) If the appointor is a corporation, this form must be executed under its Common Seal or under the hand of its attorney.
EXPLANATORY NOTE ON SPECIAL BUSINESS:
(7) Ordinary Resolution 7 - Proposed Renewal of Authorisation to enable CAM Resources Berhad to purchase up to 10% of the Issued
and Paid-up Ordinary Share Capital of the Company pursuant to Section 67A of the Companies Act, 1965.
Please refer to the Share Buy-Back Statement dated 2 June 2010 for further information.
(8) Special Resolution 8 - Proposed Renewal of Shareholders Mandate for Recurrent Related Party Transactions of a revenue or
trading nature.
Please refer to the Circular to Shareholders dated 2 June 2010 for further information.

Statement Accompanying
Notice of Annual General Meeting
Pursuant To Paragraph 8.27(2) o the Main Market Listing Requirements of Bursa Malaysia Securities Berhad
1. The Directors who are standing for re-election in accordance with the Companys Article of Association are as
follows:-
i) Mr Tan Hong Cheng (retiring pursuant to Article 91)

ii) Mr Lee Chin Yen (retiring pursuant to Article 91)
iii) Mr Chai Moi Kim (retiring pursuant to Article 91)
The Director who is standing for election in accordance with the Companys Article of Association is as follows:-
i) Mr Chan Kee Loin (retiring pursuant to Article 96)
2. The details of attendance of Directors at Board Meeting are as follows:-
During the financial year, four (4) Board Meetings were held:
Directors Attendance
Mr Lee Chin Yen 4/4

Mr Tan Hong Cheng 3/4
Mr Hia Wan Kiga 3/4
Ms Lee Poh Choo 2/4
Ms Tan Kim Hong 3/4
Mr Chai Moi Kim 4/4
Mr Chia Kay Joo 4/4
Tuan Haji Azizul Bin Mohd Othman 4/4
Mr Chan Kee Loin (Appointed on 1 July 2009) 2/2
3. The Ninth Annual General Meeting will be held at the Function Room 2, Level 2, Hotel Sri Petaling, 30, Jalan Radin
Anum, Bandar Baru Sri Petaling, 57000 Kuala Lumpur, on Friday, 25 June 2010 at 11.00 a.m.
4. Further details on the Directors who are standing for election/re-election at the Ninth Annual General Meeting are
set out on pages 9 to 10 of the Annual Report.

Corporate Information
DIRECTORS
LEE CHIN YEN Executive Chairman

TAN HONG CHENG Managing Director
HIA WAN KIGA Executive Director (Redesignated on 22 February 2010)
LEE POH CHOO Executive Director
TAN KIM HONG Executive Director
CHAI MOI KIM Independent Non-Executive Director
CHIA KAY JOO Independent Non-Executive Director
AZIZUL BIN MOHD OTHMAN Independent Non-Executive Director
CHAN KEE LOIN Independent Non-Executive Director
(Appointed on 1 July 2009)
COMPANY SECRETARIES PRINCIPAL BANKERS
LIM MING TOONG Maybank Berhad

NG LAI YEE RHB Bank Berhad
HSBC Bank Berhad
Ambank Berhad
REGISTRED OFFICE
10th Floor, Menara Hap Seng AUDITORS

1 & 3 Jalan P Ramlee
50250 Kuala Lumpur Messrs Moore Stephens AC
Tel: 03-2382 4288 A-37-1, Level 37
Fax: 03-23824170 Menara UOA Bangsar
5, Jalan Bangsar Utama 1
59000 Kuala Lumpur
REGISTRAR
Tricor Investor Services Sdn Bhd STOCK EXCHANGE LISTING

(Formerly known as Tenaga Koperat Sdn Bhd)
Level 17, The Gardens North Tower Main Market of Bursa Malaysia Securities Berhad
Mid Valley City, Lingkaran Syed Putra Stock Name : Camres
59200 Kuala Lumpur Stock Code : 7128
Tel : 03-2264 3883
Fax: 03-2282 1886

Group Structure
100% 100%
Central Aluminium
Advance Eagle
Manufactory
Marketing
Sdn. Bhd.
Sdn. Bhd.
100%
Central
Melamineware
Sdn. Bhd.

Chairmans Statement
On behalf of the Board of Directors of CAM Resources Berhad,

I am pleased to present the Annual Report and the Audited Financial
Statements of the Company and the Group for the financial year
ended 31 December 2009.
FINANCIAL PERFORMANCE
For the financial year under review, the Groups revenue dropped to RM62.8 million from RM 73.8 million of the
preceding year. As a result, the profit before tax for the Group had reduced to RM5.6 million as compared to RM6.5
million in year 2008. The contractions in both global and domestic economies and also inflationary concerns have
dampened the market demand and resulted in a more cautious spending behavior among the consumers.
OUTLOOK & PROSPECTS
The global economic outlook for year 2010 will continue to be challenging. The overall strength of the economic recovery
and its durability will depend on the extent of how much the market demand of products and services strengthening over
the next few quarters. Challenges such as negative ripple effects from the Dubai World event and downgrading of credit
rating for Greece and Portugal have further raised concerns about the sovereign debt of such countries and its effects
on the global economic recovery.
Taking cognizance of these challenges, the Group will continue to upgrade its production efficiency in order to further
improve its cost effectiveness and operational efficiency. Wider range of products will be introduced to capture the
market share domestically as well as globally. The Group will continue to strive harder to sustain and improve the Group
business growth and performance.
Barring any unforeseen circumstances, the Group expects to perform fairly well for the financial year 2010.
DIVIDEND
The Board of Directors does not recommend any dividend for the financial year ended 31 December 2009.
ACKNOWLEDGEMENT
On behalf of the Board of Directors, I would like to express my sincere appreciation to the management and employees
of the Group for their dedication and commitment in performing their duties during the year.
I also wish to thank all our shareholders, banks, customers and business associates for their continuous support and
confidence in the Group.
On a separate note, I wish to welcome the newest member to our Board, Mr Chan Kee Loin. Mr Chan offers us a wealth
of experience and expertise from his years in accounting firms. We are positive he will an asset to the Board.
Last but not least, I wish to record my appreciation to my fellow Board members for their unwavering commitment and
invaluable counsel during the year in review.
Lee Chin Yen

Executive Chairman

Directors Profile
LEE CHIN YEN HIA WAN KIGA

Executive Chairman Executive Director
(Redesignated on 22 February 2010)
A Malaysian, aged 61, was appointed the Executive
Chairman/ Director of CAM Resources Berhad (CAM) on A Malaysian, aged 56, was appointed a Non-Executive
29 December 2000. Director of CAM on 29 December 2000 and a Non-
Executive Director of CAluminium since 1999.
He was appointed the Managing Director of Central
Aluminium Manufactory Sdn Bhd (CAluminium) in 1979, a He began his career as an apprentice in Sungai Besar
Director of Central Melamineware Sdn Bhd (CMelamine) Engineering Sdn Bhd, a company involved in the
in 1988 and Advance Eagle Marketing Sdn Bhd (AEMkt) in engineering works. In 1975, he set up his own company
1989. A founding member and the driving force in the under the name of Union Engineering Works, a company
Group, he commenced his career in 1972 as an principally involved in agriculture engineering. He is
apprentice in Choo Chin Wah Company, a company presently a committee member of a few local associations.
principally involved in the manufacturing of aluminium in
Thailand. After acquiring all the technical expertise, he He does not hold directorship in any other public
returned to Malaysia in 1975 and formed a partnership companies. During the financial year ended 31 December
with Tan Hong Cheng and others to manufacture 2009, he attended all the Board meetings held.
aluminium household products in 1975. In 1979, this
partnership was incorporated into a private limited
company under the name of CAluminium and he was TAN KIM HONG
appointed the Managing Director. At present, he is also a Executive Director
committee member of a few associations in Teluk Intan,
Perak. A Malaysian, aged 37, was appointed an Executive
Director of CAM on 15 January 2002 and a Factory
He does not hold directorship in any other public Manager of CMelamine. She joined the Group in 1993 as
companies. During the financial year ended 31 December a clerk and subsequently promoted to her current position
2009, he attended all the Board meetings held. since 2000. She is responsible for overseeing the overall
production processes and maintenance of product quality
in CMelamine.
TAN HONG CHENG
Managing Director She does not hold directorship in any other public
companies. During the financial year ended 31 December
A Malaysian, aged 61, was appointed the Managing 2009, she attended three (3) out of four (4) Board
Director/ Director of CAM on 29 December 2000. meetings held.
He was appointed the Managing Director of CMelamine in

1988, a Director of CAluminium in 1979 and AEMkt in LEE POH CHOO
1989. He began his career in Loke Hup Porcelain as a Executive Director
shop assistant. In 1975, he formed a partnership with Lee
Chin Yen and others to manufacture aluminium household A Malaysian, aged 35, was appointed as Executive
products. This partnership was subsequently incorporated Director of CAM on 15 January 2002.
as CAluminium. He has more than 30 years of experience
in the manufacturing of aluminium and stainless steel She graduated from the Campbell University, USA in 1998
products. At present, he is the Chairman of Board of with a Bachelor degree in Business Administration. She
Directors for San Min Private School and Chong Ming joined CAluminium in 1998 and was responsible for the
Primary School in Teluk Intan. He also serves as the Vice area of MIS and Marketing. She was promoted to Factory
President of the Chinese Chamber of Commerce of Lower Manager of CAluminium in December 1998. She is
Perak District. responsible for overseeing the overall processes and
maintenance of product quality in CAluminium.
He does not hold directorship in any other public
companies. During the financial year ended 31 December She does not hold directorship in any other public
2009, he attended three (3) out of four (4) Board meetings companies. During the financial year ended 31 December
held. 2009, she attended two (2) out of four (4) Board meetings
held.

Directors Profile (Contd)
CHAI MOI KIM CHIA KAY JOO

Independent Non-Executive Director Independent Non-Executive Director
A Malaysian, aged 52, was appointed an Independent A Malaysian, aged 63, was appointed an Independent
Non-Executive Director of CAM on 15 January 2002. He Non-Executive Director of CAM on 15 January 2002. He
sits on the Audit Committee and the Remuneration serves as a member of the Audit, Remuneration and
Committee as Chairman and also serves as a member of Nomination Committees of the Company.
the Nomination Committee of the Company.
He obtained a Bachelor degree in Law from University of
He is a member of the Malaysia Institute of Certified Public London in 1981 and admitted as an advocate and solicitor
Accountants, the Malaysia Institute of Accountants and the in Malaysia in 1985. He has been practicing in the legal
Chartered Tax Institute of Malaysia. He started his career profession for approximately 25 years. He was a High
in 1980 as an Article clerk with an established local audit Court Interpreter from 1971 to 1981 and a judicial officer
firm, and subsequently worked with several other serving as the Magistrate at the Teluk Intan Magistrate
established audit firms including an international audit firm Court from 1982-1984. He left the judicial service to set up
until 1988. He left for FACB Group of Companies as the his own legal practice in 1985. Presently, he serves as the
Group Accountant in 1989. In 1992, he joined MBF legal adviser to a number of Associations and Chinese
Holdings Berhad as a Senior Manager of the corporate Guilds.
department where he served until 1994. In 1995, he set up
his own audit practice, Kim & Co. He does not hold directorship in any other public
He does not hold directorship in any other public 2009, he attended all the Board meetings held.
2009, he attended all the Board meetings held.
CHAN KEE LOIN
Independent Non Executive Director
TUAN HAJI AZIZUL BIN MOHD OTHMAN
Independent Non-Executive Director A Malaysian, aged 46, was appointed an Independent
Non-Executive Director of CAM on 1 July 2009.
A Malaysian, aged 47, was appointed an Independent
Non-Executive Director of CAM on 15 January 2002. He He was educated in the Tuanku Abdul Rahman College
serves as the Chairman of the Nomination Committee and where he completed a three years extra-mural course in
a member of the Audit Committee and the Remuneration Financial Accounting and a finalist in professional
Committee of the Company. examination of the Chartered Association of Certified
Accountants, United Kingdom, in 1987. His career began
Presently, he is the Chief Executive Officer of Institut in early 1988 as an audit assistant in a small firm of Public
Teknologi Perak. He was responsible for setting up an Accountants in Johor Bahru. In early 1989, he left for a
Islamic independent secondary school, known as Maahad medium size public accounting firm in Kuala Lumpur
al Ummah in Chepor, Perak in 1989 and he was a director where he was promoted as a Director in year 2000. His
of Kolej Premier from 1993 to 1998. experience in these firms includes statutory audits, due
diligence audits, share and business valuation and
He does not hold directorship in any other public rendering professional services as adviser, co-ordinator
companies. During the financial year ended 31 December and Reporting Accountants for corporate exercises. He left
2009, he attended all the Board meetings held. the latter in mid 2009 and is currently involved in corporate
consultancy.
He does not hold directorship in any other public

2009, he attended all the Board meetings.
ADDITIONAL INFORMATION ON THE BOARD OF DIRECTORS
Family Relationship
Except for Mr Lee Chin Yen and Ms Lee Poh Choo, and Mr Tan Hong Cheng and Ms Tan Kim Hong who are father
and daughter, none of the other Directors are related to one another, or with any major shareholders.
Conflict of Interest
Save as disclosed in the related party transactions on pages 60 to 62 of this Annual Report, none of the other
Directors have any conflict of interest with the Company during the financial year. Convictions for Offences
None of the Directors have been convicted of any offence (excluding traffic offence) within the last 10 years.

Corporate Governance Statement
The Board of Directors remains committed in achieving a high standard of corporate governance within the Group of
Companies. The Board has been continuously managing the business and affairs of the Group by applying the
Principles (the Principles) and Best Practices (the Best Practices) set out in the Malaysian Code on Corporate
Governance (the Code).
A. BOARD OF DIRECTORS
(i) The Board of Directors
For the year under review, the Board comprises of nine (9) members, four (4) Executive Directors, one (1)
Non-Independent Non-Executive Director and four (4) Independent Non-Executive Directors. The
Independent Non-Executive Directors are independent of management, and free from any business which
could interfere with their independent judgment and their ability to act in the Group's best interest.
The Board consists of members of various professional fields and expertise in financial accounting, legal,
business management and commercial which are relevant for the effective management of the Group. The
provision of various experiences from the Boards member would effectively discharge its stewardship
responsibilities and to achieve the companys corporate objective through strategic business initiatives. The
executive Chairman, the Managing Director and two (2) Executive Directors oversee the management of daily
operation of the Group, and they are fully supported by a management team.
(ii) Board Responsibilities
The primarily responsibilities of the Board are as follows:-
Reviewing and adopting a strategic plan for the Group.

Overseeing the conduct of the Group's business to evaluate whether the business is being properly
managed.
Identifying principal risks and ensure the implementation of appropriate systems to manage these risks.
Succession planning, including appointing, training, fixing the compensation of and where appropriate,
replacing senior management.
Reviewing the adequacy and the integrity of the companys internal control systems and management
information systems for compliance with applicable laws, regulations, rules, directives and guidelines.
The number of Directors meeting and attendance for the financial year ended 31 December 2009 are as
follows:-
Number of
Directors meeting held Attended
Lee Chin Yen (Executive Chairman) 4 4

Tan Hong Cheng (Managing Director) 4 3
Lee Poh Choo (Executive Director) 4 2
Tan Kim Hong (Executive Director) 4 3
Hia Wan Kiga (Non-Executive Director) 4 3
Chai Moi Kim (Independent Non-Executive Director) 4 4
Tuan Haji Azizul Bin Mohd Othman (Independent Non-Executive Director) 4 4
Chia Kay Joo (Independent Non-Executive Director) 4 4
Chan Kee Loin (Independent Non-Executive director) 2 2
- appointed as at 1/7/2009
The Board has set up several Board Committees to assist the Board. The delegation of certain responsibilities
to other Board Committees is within approved terms of reference. The other Board Committees include the
Audit Committee, the Nomination Committee and the Remuneration Committee.

Corporate Governance Statement (Contd)
A. BOARD OF DIRECTORS (contd)
(iii) Appointments of the Board and Re-election
The Board has appointed a Nomination Committee comprising of all Independent Non-Executive Directors.
The members of the Nomination Committee consist of:-
1. Tuan Haji Azizul Bin Mohd Othman (Chairman)

2. Chai Moi Kim
3. Chia Kay Joo
The function of the Nomination Committee amongst others is to recommend to the Board candidates for
directorships or Board Committee members. In addition, the Committee reviews the profile of the skills and
experience of each individual director of the Board of Directors and various Committees and to assess the
effectiveness of the Board as a whole.
In accordance with the Companys Articles of Association, one third of the Board members are required to
retire at every Annual General Meeting (AGM) and be subject to re-election by shareholders. Newly
appointed Directors shall hold office until the next following AGM and shall then be eligible for re-election by
shareholders. All Directors, including the Managing Director shall retire from office at least once in every three
years and shall be eligible for re-election.
(iv) Supply of Information
The Directors have full and complete access to all information within the Group and access to the advice and
services of the Company Secretary in discharging their duties.
The Board has four regular scheduled meetings annually to control and monitor the development of the
Group. The agenda for each Board Meeting is circulated to all the Directors for their perusal well in advance
of the Board meeting date. The quarterly financial results and business review, including the financial
performance to-date against the previous year, provision for doubtful debts and transaction with companies
related to the Directors have been tabled at each scheduled meeting for discussion. All proceedings from the
Board meetings are minuted and signed by the Chairman of the Meeting.
Directors are empowered to seek independent professional advice as they may require, at the expense of the
Group, to enable them to form a decision.
(v) Directors Training
The Directors have attended and successfully completed the Mandatory Accreditation Programme as required
by Bursa Malaysia Securities Berhad. In 2009, the training programmes that had been attended by the
directors are as follows:-
1. Tuan Haji Azizul Bin Mohd Othman
PSMB 2009 Conference 13-14/10/2009
2. Chai Moi Kim
National Tax Conference 2009 4-5/8/2009

The National Accountants Conference 2009 13-14/10/2009
National Seminar on Taxation 2009 27/10/2009
3. Lee Poh Choo
OSH In The Office 18-19/5/2009

A. BOARD OF DIRECTORS (contd)
(v) Directors Training (contd)
As for the rest of the directors, their trainings were in some forms which had no identity of a formal
seminars/workshops/courses conducted such as attending expo, overseas business trips and exploring new
products related to the Companys business.
The Board will continue to evaluate and determine the training needs of its members so as to keep themselves
abreast of the developments in business and regulatory requirements in order to discharge their
responsibilities more effectively.
B. DIRECTORS REMUNERATION
The Remuneration Committee is made up of all Independent Non-Executive Directors. The members of the
Remuneration Committee consist of:-
1. Chai Moi Kim (Chairman)

2. Tuan Haji Azizul bin Mohd Othman
3. Chia Kay Joo
The Remuneration Committee reviews the salaries, incentive and other benefits of the Executive Directors and
recommends the remuneration package to the Board for approval. The Directors concerned would abstain from
participating in decisions regarding their own remuneration package.
The remuneration of Executive Director is linked to the Company and individual performance and the remuneration
of Non-Executive Director is related to their experience and level of responsibilities. The reviews and
recommendations of the Committee would be subject to the approval of the Board.
For the financial year ended 31 December 2009, the details of Directors remuneration are as follows:
Salary &
other Benefit
Fees emoluments* in kind Total
RM RM RM RM
Executive Directors 48,000 1,059,573 48,050 1,155,623

Non-Executive Directors 56,000 91,040 6,600 153,640
Total 104,000 1,150,613 54,650 1,309,263
* Other emoluments include contribution to Employees Provident Fund and bonus.

B. DIRECTORS REMUNERATION (contd)
The number of Directors of the Company whose total remuneration fall within the following bands are shown below:
Number of Directors
Range of remuneration Executive Non-Executive
Below RM50,000 4
RM50,001 to RM100,000 1
RM100,001 to RM150,000 1
RM150,001 to RM250,000 1
RM250,001 to RM300,000
RM300,001 to RM350,000
RM350,001 to RM400,000
RM400,001 to RM450,000 2
C. ACCOUNTABILITY AND AUDIT
(i) Internal Control
The Board recognizes its responsibilities for setting up a sound system of internal control to safeguard
shareholders investment and the Groups assets, and to provide reasonable assurance on the reliability of the
financial statements. However, any such system can only provide reasonable but not absolute assurance
against material misstatement or loss. The components of the Groups internal financial control include:-
Business system
The information systems operated within the Group have been developed with controls to safeguard the
integrity of financial data.
Financial and operational reporting
Financial and operations reports are reported monthly to the Executive Directors and to the Board on a
quarterly basis.
Authorisation limits
The Group well-defined organisation structure with a clear line of accountability, segregation of duties
and strict authorisation, approval and control procedures within which senior management operate.
Financial controls and procedural compliance reporting
The Group Internal Auditors who (the Internal Audit Function of the Group was outsourced to them)
regularly reports on compliance with the internal financial control and procedures to the Audit Committee.
They also ensure that recommendations to improve controls are followed through by the management.
There is an ongoing process for identifying, evaluating and managing the significant risks faced by the
Group, which has been in place for the year under review. The Audit Committee, through the outsourced
internal audit function, regularly reviews and reveals to the Board on the adequacy and effectiveness of
the accounting and operating control systems.
(ii) Financial Reporting
The Board of Directors is responsible for preparing financial statements for each financial year which gives a
true and fair view of the state of affairs of the Group and of the Company as at the end of the financial year
and of the results and cash flows of the Group and of the Company for the financial year then ended The
Board of Directors is also responsible in ensuring that the financial statements of the Group and the Company
are drawn up in accordance with applicable approved accounting standards in Malaysia, consistently applied
and by reasonable and prudent judgments and estimates.

C. ACCOUNTABILITY AND AUDIT (contd)
(ii) Financial Reporting (contd)
In presenting the annual financial statements and quarterly announcements of its results, the Board has
ensured that the financial statements present a fair assessment of the Groups financial position and
prospects.
(iii) Relationship with Auditors
The Company always maintained a transparent relationship with both the internal and external auditors in
seeking their professional advice and towards ensuring compliance with accounting standards in Malaysia.
D. RELATIONSHIP WITH SHAREHOLDERS
The annual reports and the quarterly announcements are the primary modes of communication to report on the
Groups business activities and financial performance.
The Annual General Meeting is the principal forum for dialogue with shareholders. The Companys Annual Reports
and notice of the Annual General Meeting are sent out to the shareholders at least 21 days before the meeting. At
each Annual General Meeting, shareholders are given ample time and opportunity to raise questions pertaining to
the business activities of the Group. The members of the Board are prepared to provide responses to queries and
to receive feedbacks from the shareholders during the meeting. The external auditors and the Group Finance
Manager are also present to provide their professional clarification on issue of concern raised by the shareholders.
E. CORPORATE SOCIAL RESPONSIBILITIES
Due to the overwhelming response and a successful event in previous year, the Group continued to organise blood
donation campaign.
Some contributions had been made to charitable activities organized by schools, charitable and religion
organizations. The Group had also provided some contributions to the schools donation campaign for the
extension of school building.
The formulation of the Safety and Health policy was aimed at promoting the awareness of the employees to create
a safe working environment. Safety officers had been sent for training regularly in order to enhance further their
safety and health skills.
To preserve a clean environment, the industrial waste had been arranged to be disposed through a DOE approved
waste management company.
F. OTHER INFORMATION
During the financial year ended 31 December 2009, there were no:-
(a) options, warrants or convertible securities issued by the Company or its subsidiaries;
(b) American Depository Receipts or Global Depository Receipt programme sponsored by the Company;
(c) sanctions and / or penalties imposed on the Company or its subsidiary companies;
(d) variance of results which differs by 10% or more from any profit estimate/ forecast/ projection/ unaudited
results announced;
(e) profit guarantee given by the Company;
(f) material contracts or contracts relating to loan of the Company and its subsidiary companies involving
directors and major shareholders interests;
(g) revaluation policy on landed property.
(h) proceeds were raised by the Company from any corporate proposals

F. OTHER INFORMATION (contd)
Share Buyback
During the financial year ended 31 December 2009, the Company bought back a total of 1,543,900 (2008:
14,894,300) of its own shares for a total consideration of RM291,169 (2008: RM3,405,136). These shares are,
presently held as treasury shares. None of the shares purchased has been resold or cancelled during the financial
year.
Total
No. of shares Highest Lowest Average Consideration
Month repurchased RM RM RM RM
March 380,100 0.16 0.22 0.20 74,870

April 606,800 0.17 0.19 0.17 103,381
July 201,100 0.20 0.20 0.20 39,865
August 355,900 0.20 0.21 0.21 73,053
1,543,900 291,169
Non-Audit Fee
The amount of non-audit fee paid to external auditors for the financial year ended 31 December 2009 was
RM3,150.
Recurrent Related Party Transactions
The aggregate value of recurrent related party transactions entered into by the Company and its subsidiaries during
the financial year ended 31 December 2009 are as follow:-
Related Party Relationship with the Group Nature of Recurrent Transaction Amount RM
Hia Union A director of the Group, Purchase of building materials 277,353

Engineering Messrs. Hia Wan Kiga, and metal fabrication equipment
Sdn Bhd. is also a director of and products.
(Hia Union) Hia Union
Rubysteel Metal Messrs. Khor Mooi Purchase and sale of stainless

Industry (M) Huat and Khor Mooi Soong, steel household products as
Sdn. Bhd. the brothers-in-law of follows:-
(Rubysteel) Messrs. Tan Hong Cheng,
a director of the Group, have - Purchase 11,285
substantial financial interests - Sales 162,987
and are also directors of
Rubysteel.
JSH Marketing Messrs. Lee Chin Yen Purchase and sale of plastic
Sdn Bhd. (JSH) and Tan Hong Cheng, household products as follows:-
directors of the Group, have
substantial financial interests - Purchase 2,363,049
in JSH and Messrs. Tan Hong - Sales 35,796
Cheng is also a director
of JSH.
Kedai Pinggan Messrs. Tan Hong Tian, Purchase and sale of

Mangkuk Loke Hup the brother of Messrs. stainless steel, plastic and
(Loke Hup) Tan Hong Cheng, a director ceramic household ceramic
of the Group, is the proprietor household
of Loke Hup.
- Purchase 1,813
- Sales 239,363

Audit Committee Report
COMPOSITION
The members of the Audit Committee are as follows :-
Chai Moi Kim Chairman (Independent Non-Executive Director)

Chia Kay Joo Member (Independent Non-Executive Director)
Tuan Haji Azizul Bin Mohd Othman Member (Independent Non-Executive Director)
TERMS OF REFERENCE
Objective
The primary objectives of the Committee are:-
a) To safeguard the interests of the minority shareholders;

b) To assist the Board in discharging their responsibilities in the areas of management of internal control, accounting
policies and financial reporting; and
c) To provide a line of communication between the Board and the internal and external auditors through regular
meetings.
Authority
The Committee shall, whenever necessary and reasonable for the performance of its duties, authorised to :-
a) investigate any activity within its term of reference.

b) have the resources which are required to perform its duties.
c) access to any information pertaining to the Company.
d) have direct communication with the external auditors and person(s) carrying out the internal audit function.
e) obtain external legal or other independent professional advice.
f) convene meetings with external auditors, excluding the attendance of the executive members of the Committee,
whenever deemed necessary.
Members
a) The members of the Committee shall be appointed by the Board of Director from amongst the Directors of the
Company.
b) The Committee shall comprise not less than three members, a majority of whom shall be Independent Non-
Executive Directors.
c) At least one of the Committee members:-
i) must be a member of the Malaysian Institute of Accountants; or
ii) if he is not a member of the Malaysian Institute of Accountants, he must have at least three years working
experience and:-
1. he must have passed the examinations specified in Part I of the 1st Schedule of the Accountants Act
1967; or
2. he must be a member of one of the associations of accountants specified in Part II of the 1st Schedule
of the Accountants Act 1967.
d) No Alternate Director shall be appointed as a member of the Committee.
e) The Committee shall elect a Chairman from among their members who shall be an Independent Non-Executive
Director.
f) The Board of Directors shall review the term of office and performance of the Committee and each of its members
at least once every three years to evaluate whether such members have carried out their duties in accordance with
their terms of reference.

Audit Committee Report (Contd)
TERMS OF REFERENCE (contd)
Duties and Responsibilities
The duties of the Committee shall be:-
a) To review the audit plan, evaluation of the system of internal controls and audit report with the external auditors.
b) To recommend to the Board the nomination and appointment of external auditors, their audit fees and any question
of resignation or dismissal of them.
c) To review the assistance given by the Companys employees to the external auditors.
d) To review the adequacy of the scope, functions, programmes and the results of the internal audit procedures and
that it has the necessary authority to carry out its work.
e) To review the quarterly results, year end consolidated financial statements of the Group, before submission to the
Boards approval.
f) To review any related party transaction and conflict of interest situation that may arise within the Group including
any transaction, procedure or course of conduct that raises questions of management integrity.
g) To review any significant transactions which are not ordinary business of the Company.
h) To review any procedure established by the management for complying with Bursa Malaysia Securities Berhad
(Bursa Securities) and other statutory authorities requirements.
i) To carry out other duties as may be agreed to by the Committee and the Board of Directors.
Meeting
a) The quorum for any meeting of the Committee shall be two and the majority of members present shall be
Independent Directors.
b) Apart from the members of the Committee who will be present at the meetings, the Committee may invite any
member of the Chief Executive, the head of finance, the head of internal audit function and representatives of the
external auditors to present at meetings of the Committee.
c) The Committee shall meet at least four times a year and such additional meetings as the Chairman shall decide in
order to fulfill its duties.
d) Upon request by the external auditors, the Chairman may call for meetings of the Committee to consider any
matters that external auditors believe should be brought to the attention of the directors or shareholders of the
Company.
e) If at any meeting the Chairman is not present at the time appointed for holding meeting, or is unwilling to act, the
members present may choose one of their members to chair the meeting.
A summary of attendance of Audit Committee meetings during the financial year ended 31 December 2009 are as
follows:-
Members of Audit Committee Number of meeting held Attended
Chai Moi Kim 6 6

Chia Kay Joo 6 5
Tuan Haji Azizul Bin Mohd Othman 6 5
The Finance Manager, and representatives from external auditors and internal auditors were also invited to attend these
meetings.
Secretary and Minutes
The Company Secretary acts as Secretary to the Committee meeting and minutes of the proceedings for each
Committee meeting are prepared and circulated to all Committee members and the Companys directors who are non-
members of the Committee.

Audit Committee Report (Contd)
SUMMARY OF ACTIVITIES
The summary of activities carried out by the Audit Committee during the financial year ended 31 December 2009 are
as follows:
a) To review the quarterly financial results before submission for the Boards approval and announcement to Bursa
Securities.
b) To review the audit plan of the external auditors.
c) To review with the external auditors the annual audited financial statements.
d) To review the scope of work and audit plan with the internal auditors.
e) To review the internal audit reports and assess the recommendations on the audit issues.
f) To review the adequacy of provision for doubtful debts and bad debts written off.
g) To review the recurrent related party transactions within the Company and the Group.

Statement Of Directors Responsibility
The Directors are required to prepare the financial statements which give a true and fair view of the state of affairs of
the Company and of the Group as at end of the financial year and of their results and cash flows for the financial year
then ended.
In preparing the financial statements, the Directors have:
complied with all the applicable approved accounting standards in Malaysia

adopted suitable accounting policies and applied them consistently
made judgements and estimates that are prudent and reasonable
The Directors have responsibility to ensure that proper and adequate accounting records are kept which disclose with
reasonable accuracy the financial position of the Company and of the Group, and which enable them to ensure that the
financial statements comply with the provisions of the Companies Act, 1965.
The Directors have general responsibility for taking such reasonable steps to safeguard the assets of the Company and
the Group so as to prevent and detect fraud and other irregularities.

Statement of Internal Control
Board Responsibility
In compliance with paragraph 15.27 (b) of the Listing Requirements of Bursa Malaysia Berhad, the Board of Directors
acknowledges its responsibility to strengthen and maintain a sound system of internal control to safeguard shareholders
interest and assets within the Group. In view of the limitations inherent in any system of internal control, the control
system is designed to manage and control the principal business and operation risks and it can only provide reasonable
and not absolute assurance against material misstatement, fraud or loss.
Risk Management
The Board recognizes the importance of risk management, as such the control processes are reviewed by the Board
on an ongoing basis for identification and mitigation of the major risks within the Group. The ongoing review process
was facilitated with the well defined line of responsibilities, policies and procedures laid down by the Board. Besides this,
the participation of the Executive Chairman and Managing Director in the daily activities has also reduced the business
and operational risks of the Group. The Executive Chairman, Managing Director and senior management regularly
organized meeting for the purpose of identifying and managing the business risk of the Group.
Key Elements of Internal Control
The followings are the key elements of the Groups internal control system:-
A well defined organizational structure with proper lines of responsibilities and delegation of authority for major
transactions
An appropriate and comprehensive information systems reporting financial and operational performance are
provided to management for monitoring and decision making
The control procedures are also in place to ensure the Groups assets are subject to proper physical controls and
regular maintenance
The Audit Committee and the Board review and monitor the performance and results of the Group at quarterly
meeting deliberating on significant internal control and performance issues
Internal Audit
In accordance with the Code of Best Practice, the Board had also engaged the internal audit function which was
outsourced to external professional to provide independent assessment of the adequacy, efficiency and integrity of the
Groups system of internal control. Material internal control weaknesses were identified and reported to the Audit
Committee and the Committee would highlight the findings and recommendations for improvement to the Board.
The Board has also adopted a Board Charter recommended by the Audit Committee. The primary purpose of the Board
of Directors Charter is to formally define the structure, responsibilities, rights and procedures of the Board.
Conclusion
The Directors are of the opinion that the existing system of internal control was satisfactory for the present level of
operations and are not aware of any significant deficiency in the system that had resulted in significant losses,
contingencies or uncertainties for the financial year under review.

ok CAM AR09 Fin p23-72:Layout 1 5/27/2010 4:20 PM Page 22
Directors' Report
The Directors have pleasure in submitting their report and the audited financial statements of the Group and of the
Company for the year ended 31 December 2009.
PRINCIPAL ACTIVITIES
The principal activity of the Company is investment holding. The principal activities of the subsidiary companies are set
out in note 5 to the financial statements. There have been no significant changes in the nature of these activities during
the year.
RESULTS
Group Company
RM RM
Profit/(Loss) attributable to shareholders of the Company 4,179,889 (287,206)
DIVIDEND
No dividend has been paid or declared by the Company since the end of the previous financial year and the Directors
do not recommend any dividend payment for the current financial year.
RESERVES AND PROVISIONS
There were no material transfers to or from reserves or provisions during the year other than those disclosed in the
financial statements.
BAD AND DOUBTFUL DEBTS
Before the income statements and balance sheets of the Group and of the Company were made out, the Directors took
reasonable steps to ascertain that action had been taken in relation to the writing off of bad debts and the making of
provisions for doubtful debts, and have satisfied themselves that all known bad debts had been written off and that
adequate provision had been made for doubtful debts.
At the date of this report, the Directors are not aware of any circumstances which would render the amount written off
for bad debts, or the amount of the provision for doubtful debts in the financial statements of the Group and of the
Company inadequate to any substantial extent.
CURRENT ASSETS
Before the income statements and balance sheets of the Group and of the Company were made out, the Directors took
reasonable steps to ensure that any current assets which were unlikely to realise in the ordinary course of business their
values as shown in the accounting records of the Group and of the Company have been written down to an amount
which they might be expected so to realise.
At the date of this report, the Directors are not aware of any circumstances which would render the values attributed to
the current assets in the financial statements of the Group and of the Company misleading.

Directors' Report (Contd)
VALUATION METHODS
At the date of this report, the Directors are not aware of any circumstances which have arisen which render adherence
to the existing method of valuation of assets or liabilities of the Group and of the Company misleading or inappropriate.
CONTINGENT AND OTHER LIABILITIES
At the date of this report there does not exist:-
(i) any charge on the assets of the Group or of the Company which has arisen since the end of the financial year which
secures the liabilities of any other person, or
(ii) any contingent liability in respect of the Group or of the Company which has arisen since the end of the financial
year.
No contingent liability or other liability of the Group or of the Company has become enforceable, or is likely to become
enforceable within the period of twelve months after the end of the financial year which, in the opinion of the Directors,
will or may substantially affect the ability of the Group or of the Company to meet their obligations as and when they fall
due.
CHANGE OF CIRCUMSTANCES
At the date of this report, the Directors are not aware of any circumstances, not otherwise dealt with in this report or the
financial statements of the Group and of the Company which would render any amount stated in the financial statements
misleading.
ITEMS OF AN UNUSUAL NATURE
In the opinion of the Directors:-
(i) the results of the operations of the Group and of the Company for the financial year were not substantially affected
by any item, transaction or event of a material and unusual nature; and
(ii) there has not arisen in the interval between the end of the financial year and the date of this report any item,
transaction or event of a material and unusual nature likely to affect substantially the results of the operations of
the Group and of the Company for the financial year in which this report is made.
ISSUE OF SHARES
During the financial year, no new issue of shares was made by the Company.
SHARES REPURCHASED
During the financial year, the Company repurchased 1,543,900 units of its issued and fully paid ordinary shares from
the open market at an average price of RM0.19 per share. The total consideration paid for the repurchased shares
including transaction costs was RM291,169.
As at 31 December 2009, the Company held as treasury shares a total of 16,448,200 of its 196,800,000 issued ordinary
shares. Such treasury shares are held at a carrying amount of RM3,699,327.
Details of shares repurchased during the year are as disclosed in note 14 to the financial statements.

DIRECTORS OF THE COMPANY
The Directors in office since the date of the last report are:-
LEE CHIN YEN

TAN HONG CHENG
HIA WAN KIGA
LEE POH CHOO
TAN KIM HONG
CHAI MOI KIM
CHIA KAY JOO
CHAN KEE LOIN (Appointed on 01.07.09)
AZIZUL MOHD OTHMAN
The interest of the Directors in office as at the end of the financial year in the shares of the Company during the financial
year according to the registers required to be kept under Section 134 of the Companies Act, 1965, are as follow:-
Number of Ordinary Shares of RM0.25 Each

At At
1.1.09 Bought Sold 31.12.09
Direct Interest
Lee Chin Yen 15,001,826 15,001,826

Tan Hong Cheng 10,243,746 10,243,746
Hia Wan Kiga 6,686,976 6,686,976
Tan Kim Hong 88,000 419,000 507,000
Lee Poh Choo 1,396,000 1,600,000 2,996,000
Indirect Interest
Lee Chin Yen *# 21,137,280 3,193,000 24,330,280

Tan Hong Cheng *# 22,871,740 8 38,000 23,709,740
Lee Poh Choo **## 34,743,106 1,593,000 36,336,106
Tan Kim Hong ***## 33,027,486 419,000 33,446,486
Hia Wan Kiga 7,521,672 7,521,672
* Shares held through a nominee company

** Shares held by her father, Mr. Lee Chin Yen
*** Shares held by her father, Mr. Tan Hong Cheng
# Shares held by his children
## Shares held by her sister
By virtue of their substantial interest in the shares of the Company, Mr. Lee Chin Yen, Mr. Tan Hong Cheng, Ms. Lee
Poh Choo and Ms. Tan Kim Hong are also deemed to have an interest in the shares of the subsidiary companies to the
extent of the shareholdings by the Company.

DIRECTORS' BENEFITS
Since the end of the previous financial year, no director of the Company has received or become entitled to receive any
benefit (other than those disclosed as directors fees, emoluments and benefits-in-kind in note 23(b)(i) to the financial
statements) by reason of a contract made by the Company or a related corporation with the Director or with a firm of
which the Director is a member, or with a company in which the Director has a substantial financial interest except for
the deemed benefit which may arise from transactions disclosed in note 29(c) to the financial statements.
Neither during nor at the end of the financial year, was the Company a party to any arrangements whose object is to
enable the Directors to acquire benefits by means of the acquisition of shares in or debentures of the Company or any
other body corporate.
SIGNIFICANT EVENT
Significant event arising during the financial year is disclosed in note 31 to the financial statements.
AUDITORS
The auditors, Messrs. Moore Stephens AC, have expressed their willingness to continue in office.
Signed on behalf of the Board in accordance with a resolution of the Directors dated 29 April 2010.
LEE CHIN YEN
TAN HONG CHENG

Statement by Directors
Pursuant to Section 169(15) of the Companies Act, 1965
We, the undersigned, being two of the Directors of the Company, state that in the opinion of the Directors, the
accompanying financial statements as set out on pages 29 to 68, are drawn up in accordance with Financial Reporting
Standards and the Companies Act, 1965 in Malaysia so as to give a true and fair view of the financial position of the
Group and of the Company as at 31 December 2009 and of its financial performance and cash flows of the Group and
of the Company for the financial year then ended
Signed on behalf of the Board in accordance with a resolution of the Directors dated 29 April 2010.
LEE CHIN YEN

TAN HONG CHENG
Statutory Declaration
Pursuant to Section 169(16) of the Companies Act, 1965
I, Lee Chin Yen, being the Director primarily responsible for the financial management of the Company, do solemnly and
sincerely declare that the financial statements as set out on pages 29 to 68 are to the best of my knowledge and belief,
correct and I make this solemn declaration conscientiously believing the same to be true and by virtue of the provisions
of the Statutory Declarations Act, 1960.
Subscribed and solemnly declared at )

Kuala Lumpur in the Federal Territory ) LEE CHIN YEN
On 28 April 2010 )
Before me
ZULKIFLA MOHD DAHLIM (W 541)

Commissioner for Oaths

Independent Auditors Report

to the Members of CAM Resources Berhad
(Incorporated in Malaysia)
REPORT ON THE FINANCIAL STATEMENTS
We have audited the financial statements of CAM Resources Berhad, which comprise the balance sheets as at 31
December 2009 of the Group and of the Company, and the income statements, statements of changes in equity and
cash flow statements of the Group and of the Company for the year then ended, and a summary of significant
accounting policies and other explanatory notes, as set out on pages 29 to 68.
Directors Responsibility for the Financial Statements
The directors of the Company are responsible for the preparation and fair presentation of these financial statements in
accordance with Financial Reporting Standards and the Companies Act 1965 in Malaysia. This responsibility includes:
designing, implementing and maintaining internal control relevant to the preparation and fair presentation of financial
statements that are free from material misstatement, whether due to fraud or error; selecting and applying appropriate
accounting policies; and making accounting estimates that are reasonable in the circumstances.
Auditors Responsibility
Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in
accordance with approved standards on auditing in Malaysia. Those standards require that we comply with ethical
requirements and plan and perform the audit to obtain reasonable assurance whether the financial statements are free
from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial
statements. The procedures selected depend on our judgment, including the assessment of risks of material
misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, we consider
internal control relevant to the Companys preparation and fair presentation of the financial statements in order to design
audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the Companys internal control. An audit also includes evaluating the appropriateness of accounting
policies used and the reasonableness of accounting estimates made by the directors, as well as evaluating the overall
presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
In our opinion, the financial statements have been properly drawn up in accordance with Financial Reporting Standards
and the Companies Act 1965 in Malaysia so as to give a true and fair view of the financial position of the Group and of
the Company as of 31 December 2009 and of their financial performance and cash flows for the year then ended.
REPORT ON OTHER LEGAL AND REGULATORY REQUIREMENTS
In accordance with the requirements of the Companies Act 1965 in Malaysia, we also report the following:
a) In our opinion, the accounting and other records and the registers required by the Act to be kept by the Company
and its subsidiaries have been properly kept in accordance with the provisions of the Act.
b) We are satisfied that the accounts of the subsidiaries that have been consolidated with the Companys financial
statements are in form and content appropriate and proper for the purposes of the preparation of the financial
statements of the Group and we have received satisfactory information and explanations required by us for those
purposes.
c) Our audit reports on the accounts of the subsidiaries did not contain any qualification or any adverse comment
made under Section 174(3) of the Act.

Independent Auditors Report (Contd)
OTHER MATTERS
This report is made solely to the members of the Company, as a body, in accordance with Section 174 of the Companies
Act 1965 in Malaysia and for no other purpose. We do not assume responsibility to any other person for the content of
this report.
MOORE STEPHENS AC AU TAI WEE

Chartered Accountants 1551/01/11 (J)
AF 001826 Partner
Kuala Lumpur
29 April 2010

Balance Sheet
As at 31 December 2009
Group Company
2009 2008 2009 2008
Note RM RM RM RM
ASSETS
Non-current assets
Property, plant and equipment 4 35,082,224 37,406,936

Investments in subsidiary companies 5 46,683,460 46,683,460
Other investment 6 17,000 1 7,000
Deferred tax assets 7 82,500 1 7,800
35,181,724 37,441,736 46,683,460 46,683,460
Current assets
Inventories 8 36,304,999 39,245,009

Trade receivables 9 17,890,485 17,962,776
Other receivables, deposits and
prepayments 10 1,764,541 7 86,956 1,150 1 ,150
Amount owing by subsidiary
companies 11 3,093,340 5,193,340
Tax assets 12 1,189,405 6 08,124 154,203 1 53,423
Cash and bank balances 7,352,858 2,556,743 82,355 1 48,960
64,502,288 61,159,608 3,331,048 5,496,873
TOTAL ASSETS 99,684,012 98,601,344 50,014,508 52,180,333

Balance Sheet (Contd)
Group Company
2009 2008 2009 2008
Note RM RM RM RM
EQUITY AND LIABILITIES
Equity
Share capital 13 49,200,000 49,200,000 49,200,000 49,200,000

Reserves 39,219,380 35,039,491 4,401,700 4,688,906
Treasury shares 14 (3,699,327) (3,408,158) (3,699,327) (3,408,158)
Total Equity 84,720,053 80,831,333 49,902,373 50,480,748
Liabilities
Non-current liabilities
Hire purchase payables 15 26,993 5 7,394

Other borrowings 16 2,108,503 9 21,590
Deferred tax liabilities 17 2,458,100 2,760,585
4,593,596 3,739,569
Current liabilities
Trade payables 18 1,103,999 1,056,521

Other payables and accruals 19 2,729,288 2,586,830 112,135 99,585
Amount owing to a subsidiary company 11 1,600,000
Provision 20 267,289 29,143 -
Bank overdrafts - unsecured 21 787,556 -
Hire purchase payables 15 30,401 29,792 -
Other borrowings 16 6,239,386 8,752,138 -
Tax liabilities 5 88,462 -
10,370,363 14,030,442 112,135 1,699,585
Total Liabilities 14,963,959 17,770,011 112,135 1,699,585
TOTAL EQUITY AND LIABILITIES 99,684,012 98,601,344 50,014,508 52,180,333
The annexed notes form an integral part of, and should be read in conjunction with, these financial statements.

Income Statement
For the year ended 31 December 2009
Group Company
2009 2008 2009 2008
Note RM RM RM RM
Operating revenue 22 62,757,864 73,771,471

Cost of goods sold (48,420,212) (57,918,271)
Gross profit 14,337,652 15,853,200
Other operating revenue 158,235 307,440
Distribution costs (4,899,026) (5,277,934)

Administrative costs (3,017,088) (3,218,049) (287,206) (279,247)
Other operating costs (485,062) (552,735)
(8,401,176) (9,048,718) (287,206) (279,247)
Profit/(Loss) from operations 6,094,711 7,111,922 (287,206) (279,247)
Finance costs (497,144) (607,915)
Profit/(Loss)before taxation 23 5,597,567 6,504,007 (287,206) (279,247)
Taxation 24 (1,417,678) (2,370,032) 50,765
Profit/(Loss) attributable to
Shareholders of the Company 4,179,889 4,133,975 (287,206) (228,482)
Earnings per ordinary share (sen) 25 2.31 2.22

Consolidated Statement of Changes in Equity

Non-
Distributable Distributable
Share Share Retained Treasury Total
Capital Premium Earnings Shares Equity
RM RM RM RM RM
At 1.1.08 49,200,000 5,178,474 25,727,042 (3,022) 80,102,494

Repurchased of treasury shares (3,405,136) (3,405,136)
Profit for the year 4,133,975 4,133,975
Total recognised income

and expense for the year 4,133,975 4,133,975
At 31.12.08 49,200,000 5,178,474 29,861,017 (3,408,158) 80,831,333

Repurchased of treasury shares (291,169) (291,169)
Profit for the year 4,179,889 4,179,889

and expense for the year 4,179,889 4,179,889
At 31.12.09 49,200,000 5,178,474 34,040,906 (3,699,327) 84,720,053

Company Statement of Changes in Equity

Non-
Distributable
Share Share Accumulated Treasury Total
Capital Premium Losses Shares Equity
RM RM RM RM RM
At 1.1.08 49,200,000 5,178,474 (261,086) (3,022) 54,114,366

Repurchased of treasury shares (3,405,136) (3,405,136)
Loss for the year (228,482) (228,482)

and expense for the year (228,482) (228,482)
At 31.12.08 49,200,000 5,178,474 (489,568) (3,408,158) 50,480,748

Repurchased of treasury shares (291,169) (291,169)
Loss for the year (287,206) (287,206)

and expense for the year (287,206) (287,206)
At 31.12.09 49,200,000 5,178,474 (776,774) (3,699,327) 49,902,373

Cash Flow Statement

Group Company
2009 2008 2009 2008
Note RM RM RM RM
Cash Flows from Operating Activities
Profit before taxation 5,597,567 6,504,007 (287,206) (279,247)
Adjustments for:-
Allowance for doubtful debts 313,312 143,849

Reversal of allowance for doubtful debts (1,750) (37,385)
Bad debts written off 474 11,984
Capital work-in-progress written off 9,296
Depreciation of property, plant
and equipment 3,045,577 3,293,002
Gain on disposal of property,
plant and equipment (299) (21,464)
Interest expenses 370,838 466,696
Interest revenue (18,037) (3,143)
Provision/(Reversal) of employee
benefits 38,146 (6,970)
Property, plant and equipment
written off 56,731 1,146
Sundry deposit written off 6,100 42,933
Unrealised gain on foreign
exchange (20,984) (56,680)
Operating profit/(loss) before working

capital changes 9,396,971 10,337,975 (287,206) (279,247)
Decrease/(Increase) in inventories 2,940,010 (4,577,341)

(Increase)/Decrease in receivables (1,201,973) 2,693,973
Increase/(Decrease) in payables 189,936 (590,885) 12,550 (10,264)
Cash generated from/(used in) operations 11,324,944 7,863,722 (274,656) (289,511)
Tax refunded 325,284

Tax paid (2,954,606) (2,704,032) (780) (1,100)
Interest paid (370,838) (466,696)
Net cash generated from/(used in)

operating activities carried down 7,999,500 5,018,278 (275,436) (290,611)

Cash Flow Statement (Contd)
Group Company
2009 2008 2009 2008
Note RM RM RM RM
Net cash generated from/(used in)

operating activities brought down 7,999,500 5,018,278 (275,436) (290,611)
Cash Flows from Investing Activities
Interest received 18,037 3,143

Repayment from subsidiary companies 2,100,000 2,200,000
Proceeds from disposal of property,
plant and equipment 300 28,800
Purchase of property, plant and equipment
and capital work-in-progress incurred 26 (786,893) (7,675,700)
Net cash (used in)/generated from

investing activities (768,556) (7,643,757) 2,100,000 2,200,000
Cash Flows from Financing Activities
(Repayment to)/Advances from subsidiary

company (1,600,000) 1,600,000
Repayments to hire purchase payables (29,792) (54,298)
Repayments of bankers' acceptances (16,401,000) (33,825,000)
Repayment of revolving credits (19,448,000) (1,300,000)
Repayments of term loans (343,239) (179,272)
Proceeds from bankers' acceptances 14,146,000 36,897,000
Proceeds from revolving credits 19,023,000 1,700,000
Proceeds from term loan 1,697,400 1,350,000
Repurchased of treasury shares 14 (291,169) (3,405,136) (291,169) (3,405,136)
Net cash (used in)/generated from

financing activities carried down (1,646,800) 1,183,294 (1,891,169) (1,805,136)
Net increase/(decrease) in
cash and cash equivalents 5,584,144 (1,442,185) (66,605) 104,253
Effects of exchange rate changes on
cash and cash equivalents (473) 4,836
Cash and cash equivalents
at beginning of the year 1,769,187 3,206,536 148,960 44,707
Cash and cash equivalents

at end of the year 27 7,352,858 1,769,187 82,355 148,960

Notes to the Financial Statements

31 December 2009
1. CORPORATE INFORMATION
The Company is a public limited liability company, incorporated and domiciled in Malaysia, and listed on the Main
Market of the Bursa Malaysia Securities Berhad.
The principal place of business is located at Batu 12, Jalan Hutan Melintang, 36400 Hutan Melintang, Perak Darul
Ridzuan.
The registered office of the Company is located at 10th Floor, Menara Hap Seng, No. 1 & 3, Jalan P.Ramlee, 50250
Kuala Lumpur.
The principal activity of the Company is investment holding. The principal activities of the subsidiary companies are
disclosed in note 5.
The financial statements were authorised for issue in accordance with a Board of Directors' resolution dated 29
April 2010.
2. BASIS OF PREPARATION
(a) Statement of compliance
The financial statements of the Group and of the Company have been prepared in accordance with the
Financial Reporting Standards (FRSs) issued by the Malaysian Accounting Standards Board (MASB) and
complied with the provisions of the Companies Act, 1965 in Malaysia.
The MASB has issued the following new and revised FRSs, Amendments to FRSs and Interpretations that
have not been early adopted in preparing these financial statements:-
Effective for financial

periods beginning on
or after
FRS 1 First-time Adoption of Financial Reporting Standards 1 July 2010

FRS 3 Business Combinations 1 July 2010
FRS 4 Insurance Contracts 1 January 2010
FRS 7 Financial Instruments : Disclosures 1 January 2010
FRS 8 Operating Segments 1 July 2009
FRS 101 Presentation of Financial Statements 1 January 2010
FRS 123 Borrowing Costs 1 January 2010
FRS 127 Consolidated and Separate Financial Statements 1 July 2010
FRS 139 Financial Instruments: Recognition and Measurement 1 January 2010
Limited Exemption from Comparative FRS 7 Disclosures for First-time

Adopters (Amendment to FRS 1) 1 January 2011
Improving Disclosures about Financial Instruments (Amendments to
FRS 7) 1 January 2011

Notes to the Financial Statements (Contd)
2. BASIS OF PREPARATION (contd)
(a) Statement of compliance (contd)

Effective for financial
periods beginning on
or after
Amendments to First-time Adoption of Financial Reporting 1 January 2010

FRS 1 Standards and FRS 127 Consolidated and
Separate Financial Statements: Cost of an
Investment in a Subsidiary, Jointly Controlled
Entity or Associate
Amendments to Share-based Payments 1 July 2010
FRS 2
Amendments to Non-current Assets Held for sale and 1 July 2010
FRS 5 Discontinued Operations
Amendments to Financial Instruments: Presentation 1 January 2010/ 1 March 2010
FRS 132
Amendments to Intangible Assets 1 July 2010
FRS 138
Amendments to Financial Instruments: Recognition and 1 January 2010
FRS 139 Measurement, FRS 7 Financial Instruments:
Disclosures and IC Interpretation 9 Reassessment
of Embedded Derivatives Amendments to FRSs
contained in the document entitled
Improvements to FRSs (2009)
IC Interpretation 9 Reassessment of Embedded Derivatives 1 January 2010
IC Interpretation 10 Interim Financial Reporting and Impairment 1 January 2010
IC Interpretation 11 FRS 2 Group and Treasury Share Transactions 1 January 2010
IC Interpretation 12 Service Concession Arrangements 1 July 2010
IC Interpretation 13 Customer Loyalty Programmers 1 January 2010
IC Interpretation 14 FRS 119 The Limit on a Defined Benefit Asset, 1 January 2010
Minimum Funding Requirements and their
Interaction
IC Interpretation 15 Arrangements for the Construction of Real Estate 1 July 2010
IC Interpretation 16 Hedges of a net Investment in a Foreign Operation 1 July 2010
IC Interpretation 17 Distributions of Non-cash Assets to Owners 1 July 2010
Amendments to IC Reassessment of Embedded Derivatives 1 July 2010
Interpretation 9
By virtue of the exemption in FRS 4, 7 and 139, the impact of applying these FRSs on these financial statements
upon their first adoption as required by paragraph 30(b) of FRS 108, Accounting Policies, Changes in Accounting
Estimates and Errors, is not disclosed.
The adoption of the other FRSs, Amendments and Interpretation are not expected to have any significant impact
on the results and financial position of the Group and the Company.
(b) Basis of measurement
The measurement bases applied in the preparation of the financial statements include cost, recoverable amount
and realisable value. Estimates are used in the measuring these values.

2. BASIS OF PREPARATION (contd)
(c) Functional and presentation currency
The financial statements are prepared in Ringgit Malaysia (RM), which is the Groups and the Companys
functional currency. All financial information presented in RM has been rounded to the nearest RM, unless
otherwise stated.
(d) Significant accounting estimates and judgements
Significant areas of estimation, uncertainty and critical judgements used in applying accounting principles that
have significant effect on the amount recognised in the financial statements are as follows:-
(i) depreciation of property, plant and equipment property, plant and equipment are depreciated on a
straight line basis over the assets useful lives. Management estimates the useful lives of these property,
plant and equipment to be within 5 to 50 years. Changes in the expected level of usage and technological
developments could impact the economic useful lives and the residual values of these assets resulting
in revision for future depreciation charges;
(ii) deferred tax assets deferred tax assets are recognised for deductible temporary differences in respect
of expenses to the extent that is probable that taxable profit will be available against which the temporary
differences can be utilised. Significant management judgement is required to determine the amount of
deferred tax assets that can be recognised, based on the future financial performance of the Group; and
(iii) allowance for doubtful debts allowance for doubtful debts is made based on assessment, which involve
managements judgement, on the recoverability of receivables. Provision are made to receivables where
events or circumstances indicate that the carrying amounts may not be recoverable. The actual level of
receivables collected may differ from the estimated levels of recovery, which could impact the operating
profit positively or negatively.
3. SIGNIFICANT ACCOUNTING POLICIES
(a) Basis of Consolidation
The consolidated financial statements incorporate the audited financial statements of the Company and all its
subsidiary companies which are disclosed in note 5 are made up to the endof the financial year.
All intra-group balances, transactions and resulting unrealised profits and losses (unless cost cannot be
recovered) are eliminated on consolidation and the consolidated financial statements reflect external
transactions only.
The results of the subsidiary companies acquired or disposed of during the financial year areconsolidated
financial statements based on the purchase method from the effective date of acquisition or up to the effective
date of disposal respectively. The assets, liabilities and contingent liabilities assumed from a subsidiary
company are measured at their fair values at the date of acquisition and these values are reflected in the
consolidated financial statements.

3. SIGNIFICANT ACCOUNTING POLICIES (contd)
(a) Basis of Consolidation (contd)
Any excess of the cost of the acquisition over the Groups interest in the net fair value of the identifiable assets,
liabilities and contingent liabilities assumed represent goodwill. Any excess of the Groups interest in the net
fair value of the identifiable assets, liabilities and contingent liabilities assumed over the cost of acquisition is
recognised in the financial statement.
(b) Subsidiary Company
A subsidiary company is an enterprise in which the Group has the power to exercise control over its financial
and operating policies so as to obtain benefits from its activities.
Investments in subsidiary companies, which are eliminated on consolidation, are stated at cost less
accumulated impairment losses, if any, in the Company's financial statements. Impairment loss is determined
on an individual basis.
Gains or losses arising from the disposal of an investment is determined as the difference between the
estimated net disposal proceeds and the carrying amount of the investment, and is recognised in the income
statement.
(c) Goodwill
Goodwill acquired in a business combination represents the difference between purchase consideration and
the Groups interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the
subsidiary companies at the date of acquisition.
Goodwill is allocated to cash generating units and is stated at cost less accumulated impairment losses, if any.
Impairment test is performed annually. Goodwill is also tested for impairment when indication of impairment
exists. Impairment losses recognised are not reversed in subsequent periods.
Upon the disposal of interest in the subsidiary company, the related goodwill will be included in the
computation of gain or loss on disposal of interest in the subsidiary company in the consolidated income
statement.
(d) Property, Plant and Equipment and Depreciation
In the subsidiary companys financial statements, certain freehold land and buildings are stated at valuation
less accumulated depreciation and accumulated impairment losses, if any, except for freehold land which is
not depreciated. Additions subsequent to the date of the last valuation exercise are stated at cost less
accumulated depreciation and accumulated impairment losses, if any. All other property, plant and equipment
are stated at cost less accumulated depreciation and accumulated impairment losses, if any.
In the consolidated financial statements, all property, plant and equipment are stated at cost less accumulated
depreciation and accumulated impairment losses, if any, except for freehold land and capital work-in-progress
which are not depreciated.

(d) Property, Plant and Equipment and Depreciation (contd)
Cost includes expenditure that are directly attributable to the acquisition of the asset. Subsequent costs are
included in the assets carrying amount or recognised as separate asset asappropriate, only when it is
probable that future economic benefits associated with the item will flow to the Group and the cost of the item
can be measured reliably. The costs of the day-today servicing of property, plant and equipment are
recognised in the income statement as incurred.
All other property, plant and equipment are depreciated to write off the cost of the property, plant and
equipment over their estimated useful lives.
The principal annual rates used for this purpose are:-

Buildings and warehouse 2%
Furniture, fittings and renovation 5% - 10%
Office equipment and computers 5% - 10%
Plant, machinery and tools 5% - 20%
Motor vehicles 20%
The residual values, useful lives and depreciation method are reviewed at each financial yearend to ensure
that the amount, method and period of depreciation are consistent with previous estimates and the expected
pattern of consumption of the future economic benefits embodied in the items of property, plant and
equipment.
An item of property and equipment is derecognised upon disposal or when no future economic benefits are
expected from its use or disposal. The difference between the net disposal proceeds, if any, and the net
carrying amount is recognised in the income statement.
Fully depreciated property, plant and equipment are retained in the financial statements until they are no
longer in use and no further charge for depreciation is made in respect of these property, plant and equipment.
Capital work-in-progress consists of expenditure incurred on construction of property, plant and equipment
which take a substantial period of time to be ready for their intended uses. This expenditure is stated at cost
less accumulated impairment losses, if any, and no depreciation is provided. Upon completion of construction,
the cost will be reclassified to the respective property, plant and equipment and depreciated according to the
depreciation policy of the Group.
(e) Impairment of Assets
The carrying amounts of assets other than inventories and financial assets are reviewed at each balance
sheet date to determine whether there is any indication of impairment. If such an indication exists, the asset's
recoverable amount is estimated. The recoverable amount is the higher of fair value less cost of sales and the
value in use, which is measured by reference to discounted future cash flows and is determined on an
individual asset basis, unless the asset does not generate cash flows that are largely independent of those
from other assets. If this is the case, recoverable amount is determined for the cash-generating unit to which
the asset belongs to. An impairment loss is recognised whenever the carrying amount of an item of asset
exceeds its recoverable amount. An impairment loss is recognised as an expense in the income statement.

(e) Impairment of Assets (contd)
Any subsequent increase in recoverable amount of an asset, due to a reversal of impairment loss is restricted
to the carrying amount that would have been determined (net of accumulated depreciation, where applicable)
had no impairment loss been recognised in prior years. The reversal of impairment loss is recognised as
revenue in the income statement.
(f) Inventories
Inventories are stated at the lower of cost and net realisable value. Cost is determined on the weighted
average basis. Cost includes the actual cost of purchases and incidentals in bringing the inventories into store
and for finished goods and work-in-progress, it includes costs of raw materials, direct labour, other direct costs
and appropriate proportions of manufacturing overheads based on normal operating capacity.
Net realisable value is the estimated selling price in the ordinary course of business less the estimated costs
of completion and the estimated costs necessary to make the sale.
(g) Foreign Currencies
(i) Functional and Presentation Currency

The individual financial statements of each entity in the Group are measured using the currency of the
primary economic environment in which the entity operates (the functional currency). The consolidated
financial statements are presented in Ringgit Malaysia (RM), which is also the Companys functional
currency.
(ii) Foreign Currency Transactions

In preparing the financial statements of the individual entities, transactions in currencies other than the
entitys functional currency (foreign currencies) are recorded in the functional currencies using exchange
rates prevailing at the dates of the transactions. At each balance sheet date, monetary items
denominated in foreign currencies are translated at the rates prevailing on the balance sheet date. Non-
monetary items carried at fair value that are denominated in foreign currencies are translated at the rates
prevailing on the date when the fair value was determined. Non-monetary items that are measured in
terms of historical cost in a foreign currency are not translated.
Exchange differences arising on the settlement of monetary items, and on the translation of monetary
items, are included in profit or loss for the period except for exchange differences arising on monetary
items that form part of the Groups net investment in foreign operation. These are initially taken directly
to the foreign currency translation reserve within equity until the disposal of the foreign operation, at
which the time they are recognised in profit or loss. Exchange differences arising on monetary items that
form part of the Companys net investment in foreign operations are recognised in profit or loss in the
Companys separate financial statements or the individual financial statements of the foreign operation,
as appropriate.
Exchange differences arising on the translation of non-monetary items carried at fair value are included
in profit or loss for the period except for the differences arising on the translation of non-monetary items
in respect of which gains and losses are recognised directly in equity. Exchange differences arising from
such non-monetary items are also recognised directly in equity.

(h) Finance Lease
Obligations arising from property, plant and equipment acquired by way of hire purchase or finance lease
where the Company assumes substantially all the benefits and risks of ownership are classified as
borrowings.
Finance lease are capitalised at the inception of the lease at the lower of the fair value of the leased property
and the present value of the minimum lease payments. Each lease payment is allocated between the liability
and finance charges so as to achieve a periodic constant rate of interest on the remaining balance. The
corresponding rental obligations, net of finance charges, are included in borrowings. The interest element of
the finance charge is charged to the income statement over the lease period so as to produce a constant
periodic rate of interest on the remaining balance of the liability for each period.
(i) Treasury Shares
When issued shares of the Company are repurchased, the consideration paid, including any attributable
transaction costs is presented as a change in equity. Repurchased shares that have not been cancelled are
classified as treasury shares and presented as a deduction from equity.No gain or loss is recognised in the
income statements on the sale, re-issuance or cancellation of treasury shares. When treasury shares are re-
issued by resale, the difference between the sales consideration and the carrying amount of the treasury
shares is shown as movement in equity.
(j) Taxation
Taxation in the income statement represents the aggregate amount of current and deferred tax. Current tax is
the expected amount payable in respect of taxable income for the year and any adjustments recognised in the
year for prior years tax.
Deferred tax is recognised, using the liability method, on all temporary differences between the tax base of
assets and liabilities and their carrying amounts in the financial statements. Deferred tax is not recognised if
the temporary difference arises from goodwill or from the initial recognition of an asset or liability in a
transaction, which is not a business combination and at the time of the transaction, affects neither accounting
profit nor taxable profit. Deferred tax is measured at the tax rates that are expected to apply in the period in
which the assets arerealised or the liabilities are settled.
Deferred tax is recognised in equity when it relates to items recognised directly in equity. When deferred tax
arises from business combination that is an acquisition, the deferred tax is included in the resulting goodwill.
Deferred tax assets are recognised only to the extent that there are sufficient taxable temporary differences
relating to the same taxation authority to offset or when it is probable that future taxable income will be
available against which the assets can be utilised.

(k) Revenue Recognition
i. Goods Sold
Revenue from the sale of goods is measured at fair value of the consideration received or receivable, net
of returns and allowances, trade discounts and volume rebates. Revenue is recognised when the
significant risks and rewards of ownership have been transferred to the buyer, recovery of the
consideration is probable, the associated costs and possible return of goods can be estimated reliably,
and there is no continuing management involvement with the goods.
ii. Interest revenue

Interest revenue is recognised on an accrual basis using the effective interest method.
(l) Employee Benefits
i. Short Term Employee Benefits

Wages, salaries, social security contributions and bonuses are recognised as expenses in the year in
which the associated services are rendered by employees of the Company. Short term accumulating
compensated absences such as paid annual leave are recognised when services are rendered by
employees that increase their entitlement to future compensated absences, and short term non-
accumulating compensated absences such as sick leave are recognised when the absences occur.
ii. Defined Contribution Plans

As required by law, companies in Malaysia make contributions to the state pensionscheme, the
Employees Provident Fund. Such contributions are recognised as expensesin the income statement as
incurred.
(m) Provisions
Provisions are recognised when the Group has a present obligation as a result of a past event and it is
probable that an outflow of resources embodying economic benefits will be required to settle the obligation,
and a reliable estimate of the amount can be made. Provisions are reviewed at each balance sheet date and
adjusted to reflect the current best estimate. Where the effect of the time value of money is material, the
amount of a provision is the present value of the expenditure expected to be required to settle the obligation.
The increase in the provision due to the passage of time is recognised as finance costs.
(n) Segment Reporting
A segment is a distinguishable component of the Group that is engaged either in providing products or
services (business segment), or in providing products or services within a particular economic environment
(geographical segment), which is subject to risks and rewards that are different from those of other segments.
(o) Borrowing Costs
Interest incurred on borrowing related to capital work-in-progress is capitalised during the period when
activities to plan, develop and construct these assets are undertake. Capitalisation of borrowing costs ceases
when these assets are ready for their intended use or sale.
All other borrowing are recognised in income statement in the period in which they are incurred.

(p) Financial Instruments
Financial instruments are classified as assets, liabilities or equity in accordance with the substance of the
contractual arrangement. Interest, dividends, losses and gains relating to a financial instrument classified as
assets or liabilities, are reported as expense or revenue. Distributions to holders of financial instruments
classified as equity are charged directly to equity. Financial instruments are offset when the Group has a
legally enforceable right to offset and intends either to settle on a net basis or to realise the asset and settle
the liability simultaneously.
The recognised financial instruments comprise cash and cash equivalents, trade and other receivables, trade
and other payables, other non-current investments, borrowings and ordinary shares. These instruments are
recognised in the financial statements when a contract or contractual arrangement has been entered into with
the counter-parties. The unrecognised financial instruments comprise financial guarantees given to licensed
banks for subsidiary companies credit facilities and contingent liabilities of the Group. These financial
instruments would be recognised as liabilities when obligations to pay the counterparties are assessed as
being probable.
i. Receivables
Receivables are stated at cost less allowance for doubtful debts, if any, which are the anticipated
realisable values. Known bad debts are written off and specific allowance is made for those debts
considered to be doubtful of collection.
ii. Payables
Payables are stated at cost which are the fair values of the consideration to be paid in the future for goods
and services received.
iii. Other Non-Current Investments

Non-current investments other than investments in subsidiary companies are stated at cost less
impairment loss, if any. On disposal of an investment, the difference between net disposal proceeds and
its carrying amount is charged or credited to the income statement.
iv. Interest-Bearing Borrowings

Interest-bearing borrowings which include hire purchase, bank overdrafts, bankers' acceptances,
revolving credits and term loan are stated at the amount of proceeds received, net of transaction costs.
v. Equity Instruments
Ordinary shares are classified as equity. Dividends on ordinary shares are recognised in equity in the
period in which they are declared. The transaction costs of an equity transaction, other than in the context
of a business combination, are accounted for as a deduction from equity, net of tax. Equity transaction
costs comprise only those external costs directly attributable to the equity transaction which would
otherwise have been avoided. Cost of issuing equity securities in connection with a business combination
are included in the cost of acquisition.
vi. Cash and Cash Equivalents

Cash and cash equivalents comprise cash in hand, bank balances, demand deposits, bank overdrafts
and short term, highly liquid investments that are readily convertible to known amount of cash and which
are subject to an insignificant risk of changes in value.

4. PROPERTY, PLANT AND EQUIPMENT
Furniture Office
Plant, and Fittings Equipment Capital
Freehold Buildings & Machinery and and Motor Work-in-
Land Warehouse and Tools Renovation Computers Vehicles Progress Total
Group RM RM RM RM RM RM RM RM
Cost
At 1.1.09 10,983,596 16,741,151 40,570,841 339,452 1,657,916 3,989,767 2,418,754 76,701,477

Additions 136,057 18,163 36,030 596,643 786,893
Transfer 503,232 67,681 9,364 (580,277)
Disposals (21,470) (21,470)
Written off (81,044) (9,296) (90,340)
At 31.12.09 10,983,596 17,244,383 40,774,579 366,979 1,672,476 3,908,723 2,425,824 77,376,560
Accumulated
Depreciation
At 1.1.09 3,069,457 31,546,551 132,146 1,186,874 3,359,513 39,294,541
Charge for
the year 353,575 2,332,261 16,598 100,077 243,066 3,045,577
Disposals (21,469) (21,469)
CAM RESOURCES BERHAD

Written off (24,313) (24,313)
I
At 31.12.09 3,423,032 33,878,812 148,744 1,265,482 3,578,266 42,294,336
Net Carrying
Amount
At 31.12.09 10,983,596 13,821,351 6,895,767 218,235 406,994 330,457 2,425,824 35,082,224
ANNUAL REPORT 2009

45
46
4. PROPERTY, PLANT AND EQUIPMENT (Contd)
Furniture Office
Plant, and Fittings Equipment Capital
Freehold Buildings & Machinery and and Motor Work-in-
Land Warehouse and Tools Renovation Computers Vehicles Progress Total
Group RM RM RM RM RM RM RM RM
Cost
CAM RESOURCES BERHAD

At 1.1.08 4,791,206 16,626,816 39,626,003 345,583 1,571,020 3,831,598 2,301,428 69,093,654
I
Additions 6,192,390 229,136 21,156 45,396 314,237 963,385 7,765,700
Transfer 114,335 715,701 16,023 (846,059)
Disposals (156,067) (156,067)
Written off (1,810) (1,810)
At 31.12.08 10,983,596 16,741,151 40,570,840 382,762 1,614,606 3,989,768 2,418,754 76,701,477
Accumulated
ANNUAL REPORT 2009

Depreciation
At 1.1.08 2,721,525 29,031,909 140,293 1,060,330 3,196,877 36,150,934

Charge for
the year 347,932 2,514,642 16,053 103,008 311,367 3,293,002
Disposals (148,731) (148,731)
Written off (664) (664)
At 31.12.08 3,069,457 31,546,551 156,346 1,162,674 3,359,513 39,294,541
Net Carrying
Amount
At 31.12.08 10,983,596 13,671,694 9,024,289 226,416 451,932 630,255 2,418,754 37,406,936
4. PROPERTY, PLANT AND EQUIPMENT (cont'd)
(a) Certain freehold land and buildings of the Group were revalued in year 1984 and year 1998 by the Directors
based on valuation carried out by independent professional valuers on the open market value basis and the
revalued amount were retained at their surrogate costs.
(b) Included in the property, plant and equipment of the Group are freehold land with net carrying amount of
RM4,391,246 (2008 : RM1,775,353), which were pledged to licensed banks for term loan facility granted to
the Group as disclosed in note 16.
(c) Included in property, plant and equipment are motor vehicles acquired under hire purchase instalment plans
as follows:-
Group
2009 2008
RM RM
Cost 152,149 270,904
Net book value 114,111 144,542
(d) The capital work-in-progress is in respect of cost incurred on construction of machinery, moulds, factory, office
building and extension of factory building of the subsidiary companies.
5. INVESTMENTS IN SUBSIDIARY COMPANIES
Company
2009 2008
RM RM
Unquoted shares, at cost 46,683,460 46,683,460
The particulars of subsidiary companies are as follow:-

Effective Equity
Country of Interest
Name of Company Incorporation Principal Activities 2009 2008
Central Aluminium Malaysia Manufacturing and 100% 100%

Manufactory Sdn. Bhd. trading in aluminium and
stainless steel household
products
Central Melamineware Malaysia Manufacturing and 100% 100%

Sdn. Bhd. trading in melamineware
products
Advance Eagle Marketing Malaysia Trading of household 100% 100%

Sdn. Bhd. products

6. OTHER INVESTMENT
Group
2009 2008
RM RM
At cost;
Transferable golf club membership 17,000 17,000
7. DEFERRED TAX ASSETS

Group
2009 2008
RM RM
At beginning of the year 17,800

Recognised in income statement (note 24) 64,700 17,800
At end of the year 82,500 17,800
This is in respect of deferred tax assets/(liabilities) arising from the following temporary differences:-
Group
2009 2008
RM RM
Differences between the carrying amount of property,

plant and equipment and their tax base (144,900) (58,500)
Deductible temporary differences in respect of expenses 227,400 76,300
82,500 17,800
The deferred tax assets recognised in the financial statements is from deductible temporary differences in respect
of expenses which can be utilised to set-off against probable future taxable income based on profit projection for
the next three financial years of the subsidiary companies.
8. INVENTORIES
Group
2009 2008
RM RM
At cost;
Raw materials 14,096,503 14,894,230
Work-in-progress 4,897,160 4,957,443
Finished goods 17,081,344 19,158,966
36,075,007 39,010,639
At net realisable value;
Raw materials 87,340 89,600

Finished goods 142,652 144,770
36,304,999 39,245,009

9. TRADE RECEIVABLES
Group
2009 2008
RM RM
Trade receivables
External parties 18,469,725 18,193,588

Related parties 155,701 153,439
18,625,426 18,347,027
Less: Allowances for doubtful debts (734,941) (384,251)
17,890,485 17,962,776
The Groups normal trade credit term extended to customers ranges from 30 to 120 days.
The foreign currency exposure profiles are as follows:

Group
2009 2008
RM RM
Brunei Dollar 15,707 75,495

Singapore Dollar 514,230 574,478
United State Dollar 1,337,149 1,201,850
1,867,086 1,851,823
10. OTHER RECEIVABLES, DEPOSITS AND PREPAYMENTS
Group Company
2009 2008 2009 2008
RM RM RM RM
Other receivables 69,776 851

Deposits 1,520,908 409,731 1,150 1,150
Prepayments 135,637 129,203
Staff advances 38,220 247,171
1,764,541 786,956 1,150 1,150
Included in deposits of the Group are balances amounting to RM525,419 (2008 : RM281,632) and RM813,102
(2008 : RM201,143) being deposits paid for the acquisition of property, plant and equipment and to suppliers for
the purchase of goods respectively.
11. AMOUNT OWING BY SUBSIDIARY COMPANIES/TO A SUBSIDIARY COMPANY
The amount owing by subsidiary companies are non-trade in nature, unsecured, interest free, repayable on
demand and expected to be settled in cash.
In previous year, the amount owing to a subsidiary company was non-trade in nature, unsecured, interest free,
repayable on demand and expected to be settle in cash.

12. TAX ASSETS
This is in respect of tax paid in advance to Inland Revenue Board.
13. SHARE CAPITAL
Group/Company
2009 2008
RM RM
Authorised:
400,000,000 ordinary shares of RM0.25 each 100,000,000 100,000,000
Issued and fully paid:

196,800,000 ordianary shares RM0.25 each 49,200,000 49,200,000
The number of issued and fully paid ordinary shares with voting rights as at the financial year end are as follows:-
Group/Company
2009 2008
RM RM
Issued and fully paid ordinary shares of RM0.25 each
Total number of issued and fully paid ordinary shares 196,800,000 196,800,000
Less: Ordinary shares held as treasury shares (note 14) (16,448,200) (14,904,300)
At end of the year 180,351,800 181,895,700
14. TREASURY SHARES

Group/Company
2009 2008
Number of Number of
shares RM shares RM
Shares repurchased
At beginning of the year 14,904,300 3,408,158 10,000 3,022

Additions during the year 1,543,900 291,169 14,894,300 3,405,136
At end of the year 16,448,200 3,699,327 14,904,300 3,408,158
During the financial year, the Company repurchased 1,543,900 (2008 : 14,894,300) of its issued and fully paid
ordinary shares from the open market at an average price of RM0.19 (2008 : RM0.23) per share. The total
consideration paid for the repurchased shares including transaction costs was RM291,169 (2008 : RM3,405,136).
The repurchased transactions were financed by internally generated funds. The shares repurchased are being held
as treasury shares in accordance with Section 67A of the Companies Act, 1965.

15. HIRE PURCHASE PAYABLES
Group
2009 2008
RM RM
Gross instalment payments 61,374 96,550

Less: Future finance charges (3,980) (9,364)
Total present value of hire purchase liabilities 57,394 87,186
Current liabilities
Payable within 1 year

Less: Future finance charges (3,115) (5,384)
Present value of hire purchase liabilities 30,401 29,792
Payable after 1 year but not later than 5 years

Less: Future finance charges (865) (3,980)
Present value of hire purchase liabilities 26,993 57,394
Total present value of hire purcahse liabilities 57,394 87,186
The maturity profile of hire purchase payables is as follow:
Group
2009 2008
RM RM
Payable within 1 year 30,401 29,792

Payable after 1 year but not later than 2 years 26,993 30,401
Payable after 2 year but not later than 3 years 26,993
57,394 87,186
The hire purchase payables of the Group bear interest at a rate of 7.34% (2008 : 3.59% to 7.34%) per annum.

16. OTHER BORROWINGS
Group
2009 2008
RM RM
Term loans - secured 2,108,503 921,590
Current liabilities
Term loans - secured 416,386 249,138
Bankers' acceptance - unsecured 5,823,000 8,103,000
Revolving credits - unsecured 400,000
6,239,386 8,752,138
Total other borrowings 8,347,889 9,673,728
Term loans - secured

The term loans for the Group are as follows:
Term Loan I
Term Loan I is repayable in 52 equal monthly instalments of RM25,756 each commencing in May 2008, bear
interest rates ranging from 2.88% to 4.25% (2008 : 2.88%) per annum and is secured and supported as follows:
(i) legal charge of RM1.35 million over a freehold land of a subsidiary company as mentioned in note 4; and
(ii) corporate guarantee by the Company.
Term Loan II
Term Loan II is repayable in 120 monthly instalments of RM20,851 each commencing on 13 March 2009, bears
interest at a rate of 1.5% above the prevailing base lending rate (2008 : Nil) per annum and is secured by the
followings:
(i) first legal charge of RM1.7 million over a piece of freehold land of a subsidiary company as mentioned in note
4; and
(ii) a corporate guarantee by the Company
.
Bankers acceptances and revolving credits - unsecured
The unsecured bankers' acceptances and revolving credits bear interest at rates ranging from 2.65%
to 4.88% (2008 : 3.40% to 4.88% ) per annum and mature within one year.
The unsecured bankers' acceptances and revolving credits are supported by the following:-
(a) facility agreement by a subsidiary company;

(b) negative pledge by a subsidiary company; and
(c) corporate guarantee by the Company.

16. OTHER BORROWINGS (cont'd)
The maturity profile for other borrowings are as follows:
Maturities
Current Non-current
Within 1 Within 1-2 Within 2-3 Within 3-4 Within 4-5
year years years years years Sub-total Total
RM RM RM RM RM RM RM
2009
Financial Liabilities
Term loans - secured 416,386 4 38,565 461,976 209,290 998,672 2,108,503 2,524,889
Bankers' acceptances
- unsecured 4,123,000 4,123,000
Revolving credits
- unsecured 1,700,000 1,700,000
6,239,386 438,565 461,976 209,290 998,672 2,108,503 8,347,889
2008
Financial Liabilities
Term loans - secured 249,138 250,522 269,300 289,462 112,306 921,590 1,170,728
Bankers' acceptances
- unsecured 8,103,000 8,103,000
Revolving credits
- unsecured 400,000 400,000
8,752,138 250,522 269,300 289,462 112,306 921,590 9,673,728
17. DEFERRED TAX LIABILITIES
Group
2009 2008
RM RM
At beginning of the year 2,760,585 3,127,960

Recognised in income statement (note 24) (302,485) (367,375)
At end of the year 2,458,100 2,760,585

17. DEFERRED TAX LIABILITIES (contd)
This is in respect of estimated tax liabilities/(assets) arising from the following temporary differences:-
Group
2009 2008
RM RM
Differences between the carrying amounts of property,

plant and equipment and their tax base 1,436,285 1,755,500
Surplus arising from group cost adjustment of freehold
and and buildings 1,584,000 1,587,330
Deductible temporary differences in respect of expenses (213,685) (146,900)
Unrealised prot on inventories (348,500) (435,345)
2,458,100 2,760,585
18. TRADE PAYABLES
Group
2009 2008
RM RM
External parties 899,077 928,051

Related parties 204,922 128,470
1,103,999 1,056,521
The normal trade credit term granted by trade creditors to the Group ranges from 30 to 120 days.
19. OTHER PAYABLES AND ACCRUALS
Group Company
2009 2008 2009 2008
RM RM RM RM
Other payables 81,637 164,412

Accruals 2,647,641 2,422,408 112,125 99,575
Unclaimed dividends 10 10 10 10
2,729,288 2,586,830 112,135 99,585
Included in accruals of the Group is tax penalty owing to Inland Revenue Board of RM160,864 (2008 : RM280,783).

20. PROVISION
Group
2009 2008
RM RM
At beginning of the year 229,143 236,113

Additions 267,289 229,143
Incurred (229,143) (236,113)
At end of the year 267,289 229,143
This is in respect of provision for employee benefits on short term accumulating compensated absences for the
employees of the Group.
The provision is made based on the number of days of outstanding compensated absences of each employee
multiplied by their respective salary/wages as at year end.
21. BANK OVERDRAFTS - UNSECURED
In previous year, the bank overdrafts of the Group bore interest at rates ranging from 7.75% to 8.50% per annum.
The bank overdrafts of the Group were supported by corporate guarantee of the Company.
22. OPERATING REVENUE
The revenue of the Group is derived as a result of sales of goods.
23. PROFIT/(LOSS) BEFORE TAXATION
Profit/(Loss) before taxation is arrived at after charging/(crediting):-
(a) Other items
Group Company
2009 2008 2009 2008
Note RM RM RM RM
Allowance for doubtful debts 313,312 143,849

Auditors' remuneration 64,900 64,900 5,500 5,500
Bad debts written off 474 11,984
Capital work-in-progress
written off 9,296
Depreciation of property,
plant and equipment 3,045,577 3,293,002
Employees benefit expenses (b) 12,815,159 13,524,168
Hire of equipment 4,350 3,110
Interest expenses 370,838 466,696
Property, plant and equipment
Rental of premises 200,740 195,145

23. PROFIT/(LOSS) BEFORE TAXATION (contd)
Profit/(Loss) before taxation is arrived at after charging/(crediting):- (contd)
(a) Other items (contd)
Group Company
2009 2008 2009 2008
RM RM RM RM
Gain on disposal of property,

plant and equipment (299) (21,464)
Gain on foreign exchange
- realised (108,232) (165,450)
- unrealised (20,984) (56,680)
Interest revenue (18,037) (3,143)
Reversal of allowance for
doubtful debts (1,750) (37,385)
(b) Employee benefits expenses
Included in employee benefits expenses are:-
(i) Directors Remuneration
The aggregate amount of remunerations received and receivable by the Directors of the Company during
the financial year are as follows:-
Group Company
2009 2008 2009 2008
RM RM RM RM
Executive Directors
- Fees 48,000 48,000 48,000 48,000
- Other emoluments 1,059,573 965,984
1,107,573 1,013,984 48,000 48,000
Non-Executive Directors
- Fees 56,000 50,000 56,000 50,000
- Other emoluments 91,040 47,040
147,040 97,040 56,000 50,000
Total remuneration 1,254,613 1,111,024 104,000 98,000
The estimated monetary value of benefits-in-kind (which were not included in the above directors
remunerations) received by the Directors from the Group amounted to RM54,650 (2008 : RM57,150).

23. PROFIT/(LOSS) BEFORE TAXATION (contd)
Profit/(Loss) before taxation is arrived at after charging/(crediting):- (contd)
(b) Employee benefits expenses (contd)
(ii) Other employee benefits expenses
Group Company
2009 2008 2009 2008
RM RM RM RM
Provision/(Reversal) of
employee benefits 38,146 (6,970)
Contributions to defined
contribution plan 732,248 765,954
24. TAXATION
Group Company
2009 2008 2009 2008
RM RM RM RM
Current taxation
- Current year 1,926,700 2,276,400
- Prior year (141,837) 478,807 (50,765)
1,784,863 2,755,207 (50,765)

Deferred taxation
Origination and reversal of
temporary differences (note 7 (349,885) (443,175)
and 17)
(Over)/Under provision in
prior year (note 7 and 17) (17,300) 58,000
Tax expense/(credit) 1,417,678 2,370,032 (50,765)

24. TAXATION (contd)
The reconciliation of the tax amount at statutory tax rate to the Groups and the Companys tax expense/(credit)
are as follows:-
Group Company
2009 2008 2009 2008
RM RM RM RM
Profit /(Loss) before

taxation 5,747,342 6,504,007 (287,206) (279,247)
Tax at the applicable tax rate of

25% (2008 : 26%) 1,436,800 1,691,042 (71,800) (72,600)
Effect of lower tax rate for
Malaysia subsidiary companies
with issued and paid-up capital
of RM2.5 million and below (60,000)
Deferred tax reconciled at
different tax rates * 9,000
Tax effect arising from:-
- non-deductible expenses 190,075 243,283 71,800 72,600
- non taxable revenue (300)
- double deduction incentives (21,000) (28,700)
Reinvestment alloawance claimed
under Schedule 7A of the
Income Tax Act, 1967, in
respect of qualifying property,
plant and equipment utilised to
set-off against taxable profit for
the year (28,760) (21,400)
(Over)/Under provision in prior
year
- deferred taxation (17,300) 58,000
- income tax (141,837) 478,807 (50,765)
Tax expense/(credit) 1,417,678 2,370,032 (50,765)
* The corporate tax rate is 25% for Year of Assessment 2009 and for the subsequent years of assessment.
Consequently, deferred tax assets and liabilities are measured using these rates.

24. TAXATION (contd)
Prior to the year of assessment 2008, Malaysian companies adopted full imputation systems. In accordance with
the Finance Act 2007 which was gazetted on 28 December 2007, companies shall not be entitled to deduct tax on
dividend paid, credited or distributed to its shareholders, and such dividends will be exempted from tax in the hands
of the shareholders (single tier system). However, there is a transitional period of six years, expiring on 31
December 2013, to allow companies to pay franked dividends to their shareholders under limited circumstances.
Companies also have an irrevocable option to disregard the Section 108 balance and opt to pay dividends under
the single tier system. The change in the tax legislation also provides for the Section 108 balance to be locked-in
as at 31 December 2007 in accordance with section 39 of the Finance Act 2007.
The Company did not elect for the irrevocable option to disregard the Section 108 balance. Accordingly, during the
transitional period, the Company may utilise the credit in the Section 108 balance as at 31 December 2009 and
2008 to distribute cash dividend payments to ordinary shareholdings as defined under the Finance Act 2007. As at
31 December 2009 and 2008, the Company has the Section 108 balance to pay franked dividends approximately
to RM869,200 (2008 : RM869,200) subject to availability of distributable earnings.
25. EARNINGS PER ORDINARY SHARE
Basic earnings per ordinary share is calculated by dividing the Group's profit attributable to shareholders of
RM4,179,889 (2008 : RM4,133,975) by the weighted average number of ordinary shares in issue during the year
of 180,877,249 (2008 : 186,023,946) ordinary shares after taking into account the number of shares repurchased
and held as treasury shares during the year.
26. PURCHASE OF PROPERTY, PLANT AND EQUIPMENT AND CAPITAL WORK-IN PROGRESS INCURRED
During the year, the Group acquired property, plant and equipment and incurred capital work-in progress with
aggregate cost of RM786,893 (2008 : RM7,765,700) which are satisfied by the following:-
Group
2009 2008
RM RM
Hire purchase financing 90,000

Cash payments 786,893 7,675,700
786,893 7,765,700
27. CASH AND CASH EQUIVALENTS
Group Company
2009 2008 2009 2008
RM RM RM RM
Cash and bank balances 7,352,858 2,556,743 82,355 148,960

Bank overdrafts (787,556)
7,352,858 1,769,187 82,355 148,960

27. CASH AND CASH EQUIVALENTS (cont'd)
The foreign currency exposure profiles are as follows:-
Group
2009 2008
RM RM
Singapore Dollar 17,342 62,382

United States Dollar 215,239 427,267
232,581 489,649
28. CONTINGENT LIABILITIES - UNSECURED
Group
A neighbouring land owner of a subsidiary company had obtained a court injunction for a right of carriage way
through certain portion of land owned by the subsidiary company and to restrain the subsidiary company from
closing or blocking the said carriage way. The plaintiff is in the progress of obtaining a court order on the right of
carriage way.
No provision has been made in the financial statements in respect of any possible costs which may arise from the
legal proceedings as the outcome is still pending.
Company
2009 2008
RM RM
In respect of corporate guarantee by the Company for

credit facilities granted to subsidiary companies by
licensed banks 8,347,889 9,816,905
29. RELATED PARTY TRANSACTIONS
(a) Identity of related parties
For the purposes of these financial statements, parties are considered to be related to the Group if the Group
has the ability, directly or indirectly, to control the party or exercise significant influence over the party in
making financial and operating decision, or vice versa, or where the Group and the party are subject to
common control or common significant influence. Related parties may be individuals or other entities.
The Company has a related party relationship with its subsidiary companies (related companies) and key
management personnel. The Group has a related party relationship with its key management personnel and
companies and enterprise related to the key management personnel (related parties).

29. RELATED PARTY TRANSACTIONS (cont'd)
(b) Compensation of key management personnel
The remunerations of the key management personnel are as follow:-
Group Company
2009 2008 2009 2008
RM RM RM RM
Directors of the Company

- Fees 104,000 98,000 104,000 98,000
- Remunerations 1,037,825 904,700
Estimated monetary
value of benefits-inkind 54,650 57,150
Total short-term
employee benefits 1,196,475 1,059,850 104,000 98,000
- Post-employment
benefits 112,788 108,324
1,309,263 1,168,174 104,000 98,000
(c) Related party transactions
Group
2009 2008
RM RM
A company in which a Director of the Company is also

the director
- purchases 277,353 54,225
A company in which the brother-in-law of a Director of the

the Company has substantial financial interest and is
also a director
- purchases 11,285 18,695
- sales (162,987) (226,524)
An enterprise in which the brother of a Director of the

Company is a proprietor owner of the enterprise
- purchases 1,813 3,048
- sales (239,363) (180,900)
A company in which certain Directors of the Company

have substantial financial interest and one of them is
also a director
- purchases 2,363,049 1,978,293
- sales (35,796) (4,380)

29. RELATED PARTY TRANSACTIONS (cont'd)
(d) Related party balances
Information on the outstanding balances with related companies and related parties are disclosed in
notes 9, 11 and 18 respectively.
30. SEGMENT ANALYSIS
The primary segment reporting format is determined by business segments as the Groups risks and rates of return
are affected by its business activities. The secondary information is reported geographically. As the Groups
businesses are solely operated in Malaysia, geographical segment in respect of segment revenue based on
geographical location of its customers is presented.
Segment results, assets and liabilities include items directly attributable to a segment as well as those that can be
allocated on a reasonable basis. Unallocated items mainly comprise corporate assets, interest-earning assets and
revenue, interest-bearing liabilities and expenses, deferred tax assets and liabilities, tax assets, liabilities and
expense.
Segment capital expenditure is the total cost incurred during the year to acquire segment assets that are expected
to be used for more than one accounting period.
The Group comprise the following main business segments:-
Investment holding - Investment holding
Manufacturing - Manufacturing of aluminium, stainless steel and melamine household
products
Trading - Trading of household products
(a) By Business Segment
Investment
Holding Manufacturing Trading Eliminations Consolidated
2009 RM RM RM RM RM
Revenue
External revenue 2 8,142,871 34,614,993 62,757,864
Inter-segment revenue 23,627,084 266,957 (23,894,041)
Total revenue 51,769,955 34,881,950 (23,894,041) 62,757,864
Results
Segment result (287,206) 4,764,229 1,335,913 137,432 5,950,368
Interest revenue 18,037
Interest expense (370,838)
Tax expense (1,417,678)
Profit from ordinary activities 4,179,889
Other Information
Segment assets 49,860,305 82,083,553 19,877,686 (53,426,437) 98,395,107
Other investment 17,000
Deferred tax assets 82,500
Tax assets 1,189,405
Consolidated total assets 99,684,012

30. SEGMENT ANALYSIS (contd)
(a) By Business Segment (contd)
Investment
RM RM RM RM RM
Other Information
Segment liabilities 112,135 7,253,551 8,272,026 (11,537,136) 4,100,576
Interest bearing liabilities 8,405,283
Deferred taxation liabilities 2,458,100
Consolidated total liabilities 14,963,959
Capital expenditure 711,484 75,409 786,893

plant and equipment 2,939,234 106,343 3,045,577
Significant non-cash
expenses other than
depreciation
Allowance for doubtful debts 164,538 148,774 313,312

Bad debts written off 474 474
Capital work-in-progress
Property, plant and
equipment written off 56,731 56,731
Provision for short term
accumulating compensated
absences 225,095 42,194 267,289

30. SEGMENT ANALYSIS (contd)
Investment
2008 RM RM RM RM RM
Revenue
External revenue 34,631,487 39,139,984 73,771,471
Inter-segment revenue 29,727,278 81,930 (29,809,208)
Total revenue 64,358,765 39,221,914 (29,809,208) 73,771,471
Results
Segment result (279,247) 5,769,679 2,263,401 (786,273) 6,967,560
Interest revenue 3,143
Interest expense (466,696)
Tax expense (2,370,032)
Profit from ordinary activities 4,133,975
Other Information
Segment assets 52,026,910 85,012,791 22,779,964 (61,861,245) 97,958,420
Other investment 17,000
Deferred tax asset 17,800
Tax assets 608,124
Consolidated total assets 98,601,344
Segment liabilities 99,585 10,218,546 10,744,820 (17,190,457) 3,872,494

Interest bearing liabilities 10,548,470
Deferred tax liabilities 2,760,585
Tax liabilities 588,462
Consolidated total liabilities 17,770,011
Capital expenditure 5 ,649,933 2,115,767 7,765,700

plant and equipment 3,171,630 121,372 3,293,002
Significant non-cash
expenses other than
depreciation
Allowance for doubtful debts 28,309 115,540 143,849

Bad debts written off 8,349 3,635 11,984
Provision for short term
accumulating compensated
absences 188,383 40,760 229,143

30. SEGMENT ANALYSIS (cont'd)
Inter-segment revenue comprises sales revenue which are priced at cost plus a percentage profitmark-up.
Inter-segment transactions have been entered into in the ordinary course of business and havebeen
established on terms and conditions that are not materially different from those obtainablein transactions with
unrelated parties.
(b) By Geographical Segment
Segment revenue based on geographical location of the Groups customers are as follows:-
Group
2009 2008
RM RM
Asian - Malaysia 54,817,420 61,926,281

Asian - Others 5,016,742 6,512,959
Middle East & Africa 2,919,906 5,332,231
United State of America 3,796
62,757,864 73,771,471
31. SIGNIFICANT EVENT
On 7/12/2009, a subsidiary company entered into a sale and purchase agreement with Messrs. Kee Kin Hwa and
Tan Gay Kang, in respect of the acquisition of approximately 0.9285 hectares of 99 years leasehold land held under
HS(D)17662 PT19518 Mukim Durian Sebatang, Daerah Hilir Perak, Negeri Perak, for a cash consideration of
RM1,900,000. The acquisition has not been completed as at the financial year end.
32. CAPITAL COMMITMENT
Group
2009 2008
RM RM
In respect of capital expenditure approved and contracted for 2,110,000

33. FINANCIAL INSTRUMENTS
(a) Financial Risk Management Policies
The Group is exposed to a variety of risks in the normal course of business. The Group's risk management
seeks to minimise the potential adverse effects from these exposures. The management reviews and agrees
policies for managing each of these risks as follows:-
i. Foreign Exchange Risk

The Group is exposed to foreign currency risk as a result of its normal trade activities when the currency
denomination differs from its functional currency.
The Group maintains a natural hedge, whenever possible, by depositing foreign currency proceeds from
sales into foreign currency bank accounts which will primarily be used for payments for purchases in the
same denomination. Foreign exchange exposures in transactional currencies other than functional
currency of the operating entities are kept to an acceptable level.
ii. Interest Rate Risk

The Group's exposure to interest rate risk relates to interest-bearing financial liabilities.
Interest-bearing financial liabilities include hire purchase, bankers' acceptances, bank overdraft,
revolving credits and term loan facilities. The Group manages its interest rate exposure by maintaining a
prudent mix of fixed and floating borrowings. The Group actively review its debt portfolio, taking into
account the investment holding period and the nature of its assets. This strategy allows it to capitalise on
cheaper funding in a low interest rate environment and achieve a certain level of protection against
interest rate hikes.
iii. Credit Risk

The Group's exposure to credit risk arises from its receivables and the maximum risk associated with
recognised financial assets is the carrying amounts as presented in the balance sheet.
The Group has a credit policy in place and the exposure to credit risk is managed through the application
of credit approvals, credit limits and monitoring procedures. Trade debtors are monitored on an ongoing
basis via the Groups management reporting procedures.
The Group does not have any significant exposure to any individual customer or counter party nor does
it have any major concentration of credit risk related to any financial assets.
iv. Liquidity and Cash Flow Risks

The Group actively manages its operating cash flows and the availability of funding so as to ensure that
all repayment and funding needs are met.
As part of its overall prudent liquidity management, the Group maintains sufficient levels of cash to meet
its working capital requirements. In addition, the Group strives to maintain available banking facilities for
a reasonable level to its overall debt position and prudently balances its portfolio with some short term
financing so as to achieve overall cost effectiveness.

33. FINANCIAL INSTRUMENTS (contd)
(b) Fair Values
The methods and assumptions used to estimate the fair values of each class of financial assets
and liabilities are as follows:-
i. Cash and Bank Balances, Trade and Other Receivables and Payables
The carrying amounts approximate fair values due to the relatively short term maturity of these financial
assets and liabilities.
ii. Borrowings
The carrying amounts of bankers acceptances and revolving credits approximate fair values due to the
relatively short term maturity of these financial liabilities.
The carrying amounts of floating rate term loan approximate to fair values.
The fair value of hire purchase payables is estimated using discounted cash flow analysis, based on
current lending rate for similar type of lending arrangements.
The carrying amounts of the Groups and of the Company's financial assets and liabilities at balance sheet
date approximate their fair values except as follows:-
Group
Carrying Fair
Amount Value
RM RM
2009
Financial Asset
Other investment 17,000 17,000
Financial Liability
Hire purchase payables 59,049 63,901
2008
Financial Asset
Other investment 17,000 17,000
Financial Liability
Hire purchase payables 87,186 87,264

33. FINANCIAL INSTRUMENTS (contd)
(b) Fair Values (contd)
The nominal/notional amounts and fair value of financial instruments not recognised in the balance sheets are
as follows:-
Nominal/
Notional Fair
Amounts Value
2009 Note RM RM
Group
Contingent liabilities arising from the

following legal suits:-
Right of carriage way 28 * #
Company
Contingent liabilities in respect of corporate

guarantee by the Company for credit
facilities of subsidiary companies 28 8,347,889 #
2008
Group
Contingent liabilities arising from the

following legal suits:-
Right of carriage way 28 * #
Company
Contingent liabilities in respect of corporate

guarantee by the Company for credit
facilities of subsidiary companies 28 9 ,816,905 #
* Unable to ascertain the nominal/notional amount as no monetary claimed was made by the plaintiff other
than the legal costs involved.
# It is not practicable to estimate the fair value of the contingent liabilities reliably due to uncertainties of
timing, costs and eventual outcome.

Analysis of Shareholdings
As at 30 April 2010
Authorised Share Capital : RM 100,000,000
Issued and Paid-up Share Capital : RM 49,200,000
Class of Shares : Ordinary Share of RM0.25 each
Voting Rights : 1 vote per ordinary share
Number of Shareholders : 1,781
SUBSTANTIAL SHAREHOLDERS
The following are the substantial shareholders of the Company according to the Register of Substantial Shareholders.
Direct Interest Indirect Interest

Name of Shareholders No of Shares % No of Shares %
Lee Chin Yen 36,635,541 20.31 5,982,600* 3.32

Tan Hong Cheng 30,212,571 16.75 1,773,050* 0.98
Hia Wan Kiga 16,253,378 9.01
* Deemed Interest through interests held by their daughter(s)
DIRECTORS SHAREHOLDINGS
Direct Interest Indirect Interest

Name of Shareholders No of Shares % No of Shares %
Lee Chin Yen 36,635,541 20.31 5,982,600* 3.32

Tan Hong Cheng 30,212,571 16.75 1,773,050* 0.98
Hia Wan Kiga 16,253,378 9.01
Lee Poh Choo 2,996,000 1.66
Tan Kim Hong 507,000 0.28
Chai Moi Kim
Chia Kay Joo
Azizul Mohd Othman
* Deemed Interest through interest held by their son and daughter(s)
DISTRIBUTION OF SHAREHOLDINGS
Size of Holdings No of Holders No of Shares %
Less than 100 22 900 0.00

100 to 1,000 75 52,100 0.03
1,001 to 10,000 878 5,857,740 3.25
10,001 to 100,000 668 24,506,120 13.59
100,001 to 9,017,589 136 118,143,148 65.50
9,017,590 and above 2 31,791,792 17.63
1,781 180,351,800 100.000
Notes:
1. 16,448,200 Ordinary Shares of RM0.25 each are held under Treasury Shares.

Thirty Largest Shareholders

As at 30 April 2010
Name of Shareholders No of Shares %
1. Lee Chin Yen 13,440,432 7.45

2. Tan Hong Cheng 8,001,912 4.44
3. HLG Nominee (Tempatan) Sdn Bhd 7,680,000 4.26
EON Bank Berhad for Tan Hong Cheng (KLG)
EON Bank Berhad for Lee Chin Yen (KLG)
5. HLG Nominee (Tempatan) Sdn Bhd
EON Bank Berhad for Hia Wan Kiga (KLG) 7,521,672 4.17
6. Mayban Nominees (Tempatan) Sdn Bhd 6,700,000 3.71
Pledged Securities Account for Tan Hong Cheng
(508382011853)
7. Maybank Nominees (Tempatan) Sdn Bhd 6,700,000 3.71
Pledged Securities Account for Lee Chin Yen
(508382011883)
Pledged Securities Account for Lee Chin Yen (M)
9. HLG Nominee (Tempatan) Sdn Bhd
Pledged Securities Account for Tan Hong Cheng (M) 3,680,000 2.04
10. Hia Wan Kiga 3,622,008 2.00
11. Hia Wan Kiga 3,045,768 1.69
12. Lee Poh Choo 2,996,000 1.66
13. Lee Poh Hong 2,986,600 1.66
14. CIMSEC Nominees (Tempatan) Sdn Bhd 2,848,640 1.58
CIMB Bank for Tan Hong Cheng (MM1103)
Pledged Securities Account for Goh Hock Leong
16. Lee Chin Yen 2,514,085 1.40
17. Loo Hooi Chen 2,400,000 1.33
18. Koo Fong Ling 2,388,600 1.32
19. Tan Hong Cheng 2,236,206 1.23
20. Chew Pay Chiam 2,038,000 1.13
21. Tan Hong Cheng 1,959,085 1.09
22. Lim Beng Keong 1,950,500 1.08
23. S.S. Luxware (M) Sdn Bhd 1,940,760 1.08
24. OSK Nominees (Tempatan) Sdn Berhad 1,800,000 1.00
Pledged Securities Account for Tan Hong Cheng
25. Lee Chin Yen 1,435,106 0.80
26. Chew Beng Huat 1,400,000 0.77
27. CIMSEC Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Chua Tiong Pan 1,376,900 0.76
28. Hia Wan Kiga 1,310,200 0.72
29. Tan Hong Cheng 1,306,728 0.72
Pledged Securities Account for Ng Weng Keong
Total 110,967,282 61.52

List of Properties
As at 31 December 2009
Year of
Tenure Land area acquisition/ Net book
Title Description Age of Built-up area revaluation*/ value
Location Existing use building sq.ft. completion# RM
Central Aluminium Manufactory Sdn Bhd

GM 612 Lot 48 Vacant land Freehold 143,748 2000* 198,000
Mukim Hutan Melintang (3/4 share)

Mukim Hutan Melintang (1/10 share) Quarter 13 years 11,664 1996# 30,053
LP 15142 PT 20041 Vacant land Freehold 1,308,020 2000* 1,441,000

Mukim Durien Sebatang

Mukim Changkat Jong
GM 544 Lot 51 Factory land Factory 155,455 2000* 643,000

Mukim Hutan Melintang Factory 12 years 70,152 2000* 3,362,100
GM 846 Lot 49 Factory land Freehold 278,784 2000* 1,075,000

GM 875 Lot 2486 Factory 26 years 141,165 2000* 6,019,346
Mukim Hutan Melintang Office 7 years 6,400 2003# 431,493
Geran 3843 & 3844 Factory 7 years 64,000 2003# 2,147,031

Lot 5298 & 5299 Quarter 7 years 10,384 2003# 112,638
Mukim Hutan Melintang Factory cum 5 years 48,000 2005# 1,209,809
warehouse
16,803,470
Central Melamineware Sdn Bhd
Geran 3843 Lot 5298 Factory land Freehold 224,062 2000* 537,131
Mukim Hutan Melintang
Geran 3844 Lot 5299 Factory land Freehold 324,250 2000* 772,075
Mukim Hutan Melintang
Railway Wharf Factory 14 years 16,000 1996# 3

Jalan Maharaja Lela building cum
Teluk Intan warehouse
Factory 1 year 7,670 2009# 499,878

building cum
warehouse
Geran 4740 Lot 992 Vacant land Freehold 144,828 2008 2,552,373
Mukim Durian Sebatang
Geran 28871 Lot 11773 Vacant land Freehold 144,236 2008 1,864,663
Mukim Durian Sebatang
6,226,123
Advance Eagle Marketing Sdn Bhd

Geran HS(D) 6152 Lot 3945
Mukim Tebrau, Johor Bahru Vacant land Freehold 34,057 2008 858,976
Geran HS(D) 6153 Lot 3946

Mukim Tebrau, Johor Bahru Vacant land Freehold 36,317 2008 916,378
1,775,354

LBI AR09 Fin:Layout 1 5/21/2010 1:44 PM Page 102
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CAM RESOURCES BERHAD (535311-D)

(INCORPORATED IN MALAYSIA) Proxy Form
*I / We NRIC No.
(Full Name In Capital Letters)
of
(Address)
being a member(s) of CAM RESOURCES BERHAD, hereby appoint
NRIC No.
of
(Address)
*and / or failing him/her, NRIC No.

of
(Address)
as *my/our proxy to vote for* me/us on *my/our behalf at the Ninth Annual General Meeting of CAM RESOURCES
BERHAD to be held at Function Room 2, Level 2, Hotel Sri Petaling, 30, Jalan Radin Anum, Bandar Baru Sri Petaling,
57000 Kuala Lumpur, on Friday, 25 June 2010 at 11.00 a.m. or at any adjournment thereof.
The proportion of *my/our holding to be represented by *my/our proxies are as follows :-

(The next paragraph should be completed only when two proxies are appointed)
* First Proxy (1) % * Second Proxy (2) % Number of Shares Held:
NO. RESOLUTIONS FOR AGAINST

1. To approve the Directors fees for the financial year ended 31 December 2009
2. To re-elect Mr Tan Hong Cheng as Director
3. To re-elect Mr Lee Chin Yen as Director
4. To re-elect Mr Chai Moi Kim as Director
5. To elect Mr Chan Kee Loin as Director
6. To re-appoint Messrs Moore Stephens AC as Auditors and to authorise the
Directors to fix their remuneration
SPECIAL BUSINESS
Ordinary Resolutions
7. Proposed Renewal of Share Buy-Back
8. Proposed Renewal of Shareholders Mandate for Recurrent Related

Party Transactions
Please indicate with (X) how you wish your vote to be cast. If no specific direction as to voting is given, the proxy will
vote or abstain at his/her discretion.
Dated this day of 2010
*Signature(s)/Common Seal of Shareholder(s)
*Delivery where inapplicable
Notes :-
1. A proxy may but need not be a member of the Company and the provisions of Section 149(1)(b) of the Companies Act, 1965 shall not apply to the Company.
2. To be valid, this form, duly completed must be deposited at the Companys Registrar, PFA Registration Services Sdn Bhd, Level 17, The Gardens North Tower, Mid Valley City,
Lingkaran Syed Putra, 59200 Kuala Lumpur not less than forty-eight (48) hours before the time for holding the meeting.
3. A member shall be entitled to appoint more than one (1) proxy to attend and vote at the same meeting provided that the provisions of Section 149(1)(c) of the Companies Act,
1965 are complied with.
4. Where a member is an authorised nominee as defined under the Securities Industry (Central Depositories) Act 1991, it may appoint at least one (1) proxy in respect of each
securities account it holds with ordinary shares of the Company standing to the credit of the said securities account.
5. Where a member appoints more than one (1) proxy the appointment shall be invalid unless he specifies the proportion of his holdings to be represented by each pro.
6. If the appointer is a corporation, the proxy form must be executed under its Common Seal or under the hand of its attorney.

Camres 2009

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ok CAM AR09 Corp:Layout 1 5/27/2010 4:19 PM Page 1

Corporate Governance Statement 11

Audit Committee Report 17

Statement of Directors Responsibility 20

Statement of Internal Control 21

Independent Auditors Report 27

Consolidated Statement of Changes in Equity 32

Company Statement of Changes in Equity 33

Cash Flow Statement 34

Notes to the Financial Statements 36

Thirty Largest Shareholdings 70

Proxy Form Enclosed

Notice of Annual General Meeting

(i) Mr Tan Hong Cheng Resolution 2

6. PROPOSED RENEWAL OF AUTHORISATION TO ENABLE CAM RESOURCES BERHAD TO Resolution 7

2 CAM RESOURCES BERHAD I ANNUAL REPORT 2009

Notice of Annual General Meeting (Contd)

7. PROPOSED RENEWAL OF SHAREHOLDERS MANDATE FOR RECURRENT RELATED Resolution 8

(iii) that such approval shall continue in force until:-

(c) revoked or varied by resolution passed by the shareholders in general meeting.

whichever is the earliest; and

By Order of the Board

LIM MING TOONG

CAM RESOURCES BERHAD I ANNUAL REPORT 2009 3

Notice of Annual General Meeting (Contd)

EXPLANATORY NOTE ON SPECIAL BUSINESS:

4 CAM RESOURCES BERHAD I ANNUAL REPORT 2009

i) Mr Tan Hong Cheng (retiring pursuant to Article 91)

i) Mr Chan Kee Loin (retiring pursuant to Article 96)

2. The details of attendance of Directors at Board Meeting are as follows:-

Mr Lee Chin Yen 4/4

CAM RESOURCES BERHAD I ANNUAL REPORT 2009 5

LEE CHIN YEN Executive Chairman

COMPANY SECRETARIES PRINCIPAL BANKERS

LIM MING TOONG Maybank Berhad

10th Floor, Menara Hap Seng AUDITORS

Tricor Investor Services Sdn Bhd STOCK EXCHANGE LISTING

6 CAM RESOURCES BERHAD I ANNUAL REPORT 2009

CAM RESOURCES BERHAD I ANNUAL REPORT 2009 7

On behalf of the Board of Directors of CAM Resources Berhad,

OUTLOOK & PROSPECTS

Lee Chin Yen

8 CAM RESOURCES BERHAD I ANNUAL REPORT 2009

LEE CHIN YEN HIA WAN KIGA

He was appointed the Managing Director of CMelamine in

CAM RESOURCES BERHAD I ANNUAL REPORT 2009 9

Directors Profile (Contd)

CHAI MOI KIM CHIA KAY JOO

He does not hold directorship in any other public

ADDITIONAL INFORMATION ON THE BOARD OF DIRECTORS

10 CAM RESOURCES BERHAD I ANNUAL REPORT 2009

Corporate Governance Statement

(i) The Board of Directors

(ii) Board Responsibilities

The primarily responsibilities of the Board are as follows:-

Reviewing and adopting a strategic plan for the Group.

Lee Chin Yen (Executive Chairman) 4 4

CAM RESOURCES BERHAD I ANNUAL REPORT 2009 11

Corporate Governance Statement (Contd)

A. BOARD OF DIRECTORS (contd)

(iii) Appointments of the Board and Re-election

1. Tuan Haji Azizul Bin Mohd Othman (Chairman)

(iv) Supply of Information

(v) Directors Training