Excel Force MSC Berhad Annual Report 2015

E X C E L F O R C E M S C B E R H A D • A N N U A L R E P O R T 2 0 1 5 9 Internally, we embarked on enhancing the processes and procedures with an aim to increase efficiency and productivity. We also strengthening the monitoring on the progress of the ongoing project implementation. We would welcome any expansion opportunity including but not limited to merger, acquisition and business alliances that will promote synergy with our existing business activity. Human resource development is also an important aspect of the Group, where adequate training or exposure will be provided to employees for them to carry out task in a more efficient manner. PROSPECT AND OUTLOOK The Group, with its extensive experience gained throughout the past 20 years involvement in stock-broking industry, is optimistic to achieve its targeted growth and able to penetrate into new business segment that will eventually generate higher revenue for the Group. The Group is looking forward to the realization of synergistic effect from the investment in subsidiary where sharing of client database and expertise from the respective business unit to develop a more comprehensive product. The Group will continue to allocate adequate Research and Development (R&D) expenditure in the coming years, which we view it as long term investment and for the enhancement of existing product range as well as development of innovative product that differentiate it from our competitor. This is important so as to maintain our product ranking and maintain the market leader position. APPRECIATION On behalf of the Board, I would like to extend our heartfelt thanks to all our employees for their splendid efforts throughout the year. I wish to express our sincere appreciation to our valued shareholders for continuing to entrust us, and also welcome all the new shareholders and stakeholders to this thoroughly sound and interesting growing Group. Last but not least, I would like to take this opportunity to thank our business partners and cherished clients for their unwavering trust, confidence and cordial support over the years. Wang Kuen-Chung @ Jeff Wang CHAIRMAN Excel Force MSC Berhad 22 March 2016 CHAIRMAN’S STATEMENT (cont’d)