MUSIC AUTHORS' COPYRIGHT PROTECTION OR MACP - Collected RM51.3m revenue in 2018

NOTICE OF ANNUAL GENERAL MEETING
With total revenue of 
RM51,340,994 in 2018 
compared with 
RM35,484,145 in 2017


MUSIC AUTHORS' COPYRIGHT PROTECTION (MACP) BERHAD, a company protecting the copyrights of  songwriters, music composers, lyricists and the publishing companies had issued notice of its 29th annual general meeting, which will be held on Monday 30 September 2019 at Encorp Strand Mall, Kota Damansara.

Its secretary, Elaine Chen Bee Ling, signed the notice on 6 September 2019, by order of the Board.

MACP, with about 4,000  Malaysian members, recorded 44.7% increase in revenue to RM51,340,994 in 2018 from RM35,484,145 in the previous year.

The 2018's revenue came from royalties received and receivable from general licensing RM32,924,269; mechanical RM1,636,547; digital RM12,315,814; and others RM4,464,364.

Apart from the revenue, the content of the notice also revealed that other income contributed a total of RM2,734,927 from interest income RM1,776,556; commission income RM957,211; and miscellaneous RM1,160.

The company spent RM1,850,007 for employee benefits expense, including wages and salaries, contributions to defined contribution plans, as well as other benefits.

Mohd Nasir Bin Mohamed
...offers himself for re-election

Four directors among writers, retire pursuant to Article 39(e) of the company's constitution and being eligible, offered themselves for re-election. They were Mohd Nasir Bin Mohamed, Raizan Bin Zainal Abidin, Aidit Alfian Bin Mohd Dom and Ahmad Shahaljeffry Bin A Samad.

Another four directors, among publishers, also offered themselves for re-election were Eric Yeo Lik Koon, Janice Foong Wai Heng, Jack Teo Chen Shin and Jennifah Binti Johari.



The writer is a member of MACP
by Fauzi Kadir  ° Permadu Malaysia
● 2019 Permadu Harmony Bersepadu
contact us +60 11 1185 9874
or permadu@gmail.com
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Zafiyah Hussain



Comments

  1. menangkan uang sebanyak-banyaknya hanya di AJOQQ :D
    AJOQQ menyediakan 8 permainan seru :)

    ReplyDelete

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