Chairman Message

" ...While we remain encouraged by our performance in FY2010, it is not in our corporate DNA to rest on our laurels for any length of time. The relatively modest growth in revenues and profit last year in comparison to FY2009 underscores the reality that exponential growth is not achievable indefinitely without moving up the value chain and expanding beyond current business and geographical boundaries. These are key thrusts which our past, present and future initiatives have embodied and which have seen us through over four decades of consistent growth.

The success of the past years should be further impetus to finding new means of achieving sustainable growth. If sound business fundamentals and financial discipline are the corner stone of our business, then transformational initiatives must be the catalyst for ongoing development and change to maintain our competitiveness... "

Thomas Chua
Chairman & Managing Director
Teckwah Industrial Corporation Ltd