Asia Media Annual Report 2017

ASIA MEDIA GROUP BERHAD Annual Report 2017 5 CHIEF EXECUTIVE OFFICER’S STATEMENT With even the context of a tough year and regulatory conditions, I remain very excited about the longer-term prospects for the Group, as customer appetite for digital outdoor advertising grows rapidly and companies look to embed our Digital Out-of-Home (DOOH) into their corporate marketing strategies. (DOOH) is an expanding medium for advertisers looking to communicate with close proximity, impact, and attraction. Our programmatic DOOH solution allows you to tap into highest trafficked locations. In a world that is becoming increasingly digital, Asia Media’s strategy with its extensivemedia experience is able todeliver to individuals and companies even though with their increasing demand irrespective of the medium. Our commitment to providing the leading platform in each of our market is strong and will be supplemented by our live digital broadcasting which we rolled out earlier. On behalf of the Board of Directors (“Board”), I am pleased to present the Annual Report and Audited Consolidated Financial Statement of Asia Media Group Berhad (“AMGB” or “Company”) and its subsidiary companies (“Group”) for the financial year ended 31 December 2017 (“FYE 2017”). Economic Review The Malaysian economy performed well last year driven by a resilient domestic demand due to the improvements in both investment andconsumption and reinforced by a sturdy global demand. The first three quarters displayed a GDP growing by 5.6% in the first quarter and accelerating to 5.8% and 6.2% in the second quarter and third quarter, respectively. The fourth quarter did not show any signs of slowing down with sustained manufacturing activities as shown by a growing Industrial Production Index (IPI) supported by a double- digit growth in exports. The Malaysian economy has grown at 5.6% in 2017, a 0.8 percentage point upward. Dato’ Wong Shee Kai is the founder & Chief Executive Officer of Asia Media Group. He has great vision for Asia Media and with his excellence leadership had lead the growth of the Group to greater heights. Here he gives his perspectives on Asia Media’s overall strategy and approach to management, shareholders and Asia Media’s role in society.