Hello

On behalf of the Board of Directors of AKN Group of Companies, it is my pleasure to welcome you to our Corporate Website.

The Economic Transformation Programme announced by the Malaysian Government to charter growth of the national economy in the next 10 years to achieve a high-income status is a positive step in the right direction to re-focus the country’s aspirations and acknowledge the changing economic landscape. The success of this programme requires a lot of hard work and sacrifice from all Malaysians.

I believe the economic fundamentals of the Malaysian economy are fast improving following the financial crisis. The 10th Malaysian Plan and Economic Transformation Program creates significant opportunities for us to capture a fair share of the spun pile market.

The Group’s achievements for this coming year would not have been made possible without the efforts and contributions of many groups of people. On behalf of the Board, I would like to take this opportunity to express my sincere appreciation to our customers, suppliers and stakeholders for their continuous support and confidence in the Group.

I would also like to thank the Members of the Board, the Management and all the employees for their dedication, uniting efforts and resilience in achieving the past business and facing economic challenges. It is my hope that all those connected with the Group will continue to work as one, to ensure the Group’s continued success as it moves forward.

The world is ever revolving and changing. We must continuously innovate if we want to stay ahead. This is particularly true if we want to continue to expand our market share and grow our business. As we move into a more demanding year, I call upon all of you to continue with your contribution, commitment and support to the Group in meeting the challenge.

The support from all parties and the continuous efforts to strengthen the financial position of the Group are deeply appreciated. We should also be cognizant of the changing economic landscape in the country and globally to better prepare ourselves for new challenges.

Thank you.

ABDUL KHUDUS BIN MOHD NAAIM
Chairman
28 January 2011