SECTION 2: OUR STRATEGIC CONTEXT 22 CHAIRMAN’S STATEMENT LOW KOK POH Executive Chairman Dear Shareholders, The year 2024 marked another meaningful chapter for MST Golf as we celebrated 35 Years of Growing Together. This milestone serves as a reminder of the relationships, partnerships, and trust that have shaped our journey. From humble beginnings as a second-hand golf retailer, we have evolved into a trusted name in golf retail and services, with a portfolio that spans retail, indoor golf, golf academies, event management, corporate merchandise, wholesale, brand distributorship and golf media. To mark this occasion, we are rolling out a series of initiatives throughout 2025 to engage both internal and external stakeholders. These include consumer activations, strategic brand collaborations, and industry partnerships aimed at reinforcing our leadership in the industry and deepening our connection within the wider golf community.
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