EXCEL FORCE MSC BERHAD Annual Report 2020

OUR VISION To be an innovative and high value adding software solution provider Visit our website for more information www.excelforce.com.my OUR MISSION We continuously strive to increase our technology know-how and capabilities, deepen our domain knowledge & optimise the use of our resources to produce high quality applications and services that expand our market reach, grow our revenue & sustain our profitability Notice of Annual General Meeting 2 Financial Highlights 5 Corporate Information 7 Chairman’s Statement 8 Management Discussion and Analysis 9 Board of Directors’ Profile 12 Key Senior Management Profile 16 Sustainability Statement 18 Corporate Governance Overview Statement 21 Audit Committee Report 33 Statement on Risk Management and Internal Control 35 Additional Compliance Information 39 Financial Statements 40 List of Properties 120 Analysis of Shareholdings 121 Proxy Form TABLE OF CONTENTS