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annual report | 2012 Gunung Capital Berhad (330171-P)<br />

8<br />

CHAIRMAN’S STATEMENT (cont’d)<br />

GOVERNANCE<br />

The Gunung Group continues to strive<br />

to build a sustainable business and<br />

work culture that upholds the values of<br />

integrity, transparency and accountability.<br />

To enhance the skills and knowledge<br />

base of our employees, we continue to<br />

send them to training programs that<br />

promotes awareness of national policies,<br />

safeguarding the environment, work<br />

ethics, and social responsibilities for the<br />

enhancement of local communities. This<br />

has contributed to us to meeting our<br />

corporate mission.<br />

PROSPECTS<br />

Looking forward, the Gunung Group’s<br />

ongoing contract to supply services<br />

to the National Service Program will<br />

continue to underpin earnings. Strong<br />

earnings in the near future, will enable<br />

our management to continue to explore<br />

the opportunities in expanding its services<br />

to new customers, both on a short and<br />

longer term charter method.<br />

In the longer term, we excited by<br />

the successful implementation of the<br />

mini-hydro Projects in Perak, which<br />

will contribute to Gunung’s long term<br />

revenue and earnings, and enhance<br />

Gunung’s growth potential. In addition,<br />

the long term stable income stream<br />

derived from the mini-hydro Projects<br />

will reduce Gunung’s dependency<br />

incomes solely from chartering<br />

land-based transportation assets &<br />

specialty vehicles.<br />

THANK YOU NOTE<br />

At the end of a successful year, I would<br />

like to express my sincere appreciation<br />

to all our staff for their continued<br />

commitment to drive our organic growth<br />

and to maintain our services standards<br />

that our customers deserve.<br />

I would also like to thank our valued<br />

customers, suppliers, business associates,<br />

bankers, regulatory authorities, and<br />

other stakeholders for their continued<br />

support and trust.<br />

My appreciation also goes to my fellow<br />

colleagues on the Board for their counsel<br />

and support throughout the year.<br />

Finally to our shareholders, a special<br />

thanks for their continued support<br />

and confidence in Gunung. With this<br />

continued support, we will continue to<br />

strive to further enhance sustainable<br />

shareholder value.<br />

DATO’ SYED ABU HUSSIN BIN HAFIZ<br />

SYED ABDUL FASAL<br />

Executive Chairman

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