I-Berhad (7029-H) - Bursa Malaysia
I-Berhad (7029-H) - Bursa Malaysia
I-Berhad (7029-H) - Bursa Malaysia
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14<br />
Chairman’s Statement ... cont’d<br />
The above proposals will increase the share capital base of the Company to a level which will better reflect<br />
the Company’s current scale of operations and at the same time will reward our shareholders for their<br />
continuous support to the Group.<br />
The Company has also proposed an Executive Share Option Scheme of up to ten percent (10%) of the issued<br />
and paid-up share capital of the Company. The proposed scheme is intended to recognise and reward the<br />
contribution of eligible executives whose services are valued and considered vital to the operations and<br />
continued growth of the Company.<br />
Our medium to long term vision is to turn I-<strong>Berhad</strong> into a high tech company producing high tech products<br />
remains intact. Opportunities are now presenting themselves to enable the Company to move into the<br />
IT sector.<br />
Plans are afoot for the Company to venture into the manufacture of computers and peripherals as the<br />
first step towards achieving the Company’s objective to eventually make products for the Home of<br />
the Future.<br />
I am very grateful that all shareholders have stayed with the Company and given your continued support<br />
during the difficult times the Company went through. Today, the Management has given the Company a new<br />
lease of life that will eventually add value to your investment.<br />
I am confident that the Company, will achieve greater heights in profitability, and is poised to grow even<br />
stronger in the years ahead.<br />
The Board is pleased to recommend a final tax exempt dividend of 1%, subject to the approval of the<br />
Ministry of Finance.<br />
I would like to thank the Management and staff for their dedication, support and hard work; and also wish<br />
to express my appreciation to the shareholders, customers, business associates and bankers for their<br />
continued support.<br />
Lim Kim Hong<br />
Chairman<br />
Dated: 20 March, 2000