#KossanAGM
＃感恩WongWL无私的分享

Some highlights:

#学员出席Kossan的重点

#Capacity was increase from 85% to close to 95%
#ASP in Q2 didn't increase much to take care of existing customer
#ASP in Q3 and Q4 will increase ranging from 15% - 20% (industry practicing general 20% - 30% increase)
#Raw material cost was in a lower range for sometime, there's a sign of increase in raw material, but likely to pass on to consumer
#Product mix:
~80%:20% medical : non medical
~80%:20% Nitrite : Latex
~90%:10% OEM : OBM
# Plant 19 is ready in July/August 2020
# Upcoming expansion in 2 stages, up to 5 billion
# Expansion plan in Bidor is as per schedule
# Purchase a land from CBIP as it's next to current piece of land - able to put into production if required

# Dividend policy remain at minimum 30%, shareholder will receive more dividend as the company is performing well this year.