SCC Holdings Berhad Annual Report 2017

SCC Holdings Berhad (511477-A) | Annual Report 2017 7 CHAIRMAN’S STATEMENT Dear Shareholders, On behalf of the Board of Directors (“Board”), I wish to express our sincere gratitude to our shareholders, customers, business associates, suppliers, bankers, stakeholders and government authorities for their confidence and support to the Board and Management. I am pleased to present Annual Report 2017 and Audited Financial Statements of SCC Holdings Berhad and its subsidiaries (“Group” or “SCCHB Group”) for the financial year ended 31 December 2017. In line with the revised Bursa’s Listing Requirements, the review of financial performance previously covered under the Chairman’s statement will now be covered under Management Discussion and Analysis (MD&A) from pages 8 to 9. Year 2018 calls for new resolutions, full of the inexorable obstacles and challenges. However, it signifies a newbeginning to regulate one’s pace, regain composure and gain insights. I believe that my management team will continue to be vigilant and at the same time adopt active measures to implement diverse business strategies. Therefore, I wish to extend my appreciation to members of Management team and employees of the Group for their hard work, focus and determination and wish to receive their continuous support and dedicated contribution which is vital to the Group’s success. Last but not least, I hope for a smooth, stable and prosperous 2018.