MISC - Annual Report 2015

Going forward, we have set in place a pragmatic, laser-focused blueprint simply called “MISC2020”, a refreshed Vision, Mission and Tagline, as well as other definite measures to propel the Group steadfastly forward. IN APPRECIATION MISC has certainly grown from strength to strength this last one year alone and there are many parties that we owe a debt of gratitude to. I would like to convey my sincere appreciation to all our customers, suppliers, business partners and financiers, for their unwavering support and cooperation. A special note of thanks to the Royal Malaysian Navy for the support and assistance they have rendered us over the years and which have kept our vessels safe and secure from any threats of piracy. I wish to accord my heartfelt appreciation to the management and employees of MISC for their fine work, steadfast commitment and dedication in helping us deliver a stellar performance in 2015. Their commitment to excellence is all the more notable given the challenges that the year brought with it. I certainly look forward to working with all of them as we rise above any challenges that this year may bring and embrace our next phase of growth. I am also deeply grateful to my colleagues on the Board for their wise counsel and astute insights in steering the Group through the challenges of this past year and look forward to their continued guidance. On another note, Mr. Harry Menon, an Independent Director and En. Mohd Farid bin Mohd Adnan, a NonIndependent Director, resigned in May and October 2015 respectively. We thank these gentlemen for their worthy contributions to MISC during their tenure with us as well as bid them adieu and every success in their endeavours. Please join me in welcoming on board Dato’ Sekhar Krishnan who joined us as an Independent Director in January 2015 and En. Mohamed Firouz bin Asnan who joined us as a NonIndependent Director in October 2015. Dato’ Sekhar Krishnan was subsequently appointed the Chairman of the Board Audit Committee in May 2015. Last but not least, my utmost gratitude to you, our shareholders, for your continued confidence and faith in us, especially in the midst of such trying times. Thank you for being patient with us as we pursue our journey of rediscovery and rebuilding and we ask for your continued patience as we now prepare for sustainable growth. I trust that all our stakeholders will continue to lend us their unwavering support as we set our sights on fulfilling the next phase of MISC’s growth. Rest assured that as we venture forth, MISC will continue to grow steadfastly from strength to strength. DATO’ AB. HALIM BIN MOHYIDDIN Chairman 8 March 2016 MISC BERHAD Annual Report 2015 49

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