The Company refers to media release published by SFA on 14 October 2022 titled “Recall of eggs from Teo Seng Layer Farm 1 (Malaysia) due to presence of Salmonella Enteritidis.”

The Board of Directors of the Company wished to announce that Teo Seng has taken immediate action to suspend Teo Seng Layer Farm 1 and assures no eggs from the alleged farm will be sold in domestic and export market. It is further to undertake investigation of the incident as a precaution measure.

Product safety always the top priority of Teo Seng, all of our production farm locations are physically dispersed as measure to mitigate cross-contamination between farms. Teo Seng also practices regular lab test on sampling eggs from every farm to ensure product safety. As at to date, all other farms’ products are tested negative for Salmonella Enteritidis and these ensure the supply of eggs from other farms are safe for consumption and not disrupted. 

Teo Seng will communicate and working closely with Department of Veterinary and Services (“DVS”) to investigate and monitor the alleged farm related to Salmonella Enteritidis detection. Teo Seng assured that utmost cooperation will be rendered to the investigation in order to identify its roof cause and endeavor to undertake appropriate remedial actions to ensure products are safe before resume sales of eggs from the alleged farm.

The alleged farm accounted for approximately 3.5% of our total production. While investigation is still in progress and the Board is unable to ascertain amount of revenue affected at this moment.  

The Company will make further announcement to provide updates on developments of the above matter.

This announcement is dated 15 October 2022.