Industry Structure and Development :

Your Company is primarily a finance company. A sound financial base is pivotal for sustainable growth of any economy.

Opportunities & Threats, Trends & Strategies :

The fundamental of the finance company appears to be better and is growing fast because of the improvement in the Industrial sector.

Out Look :

The Company is looking for the better out look for the current year. The Company’s operations are subject to risks which can impact business performance. The management is seized of assessing such risks and takes measures to address the same.

Internal Control System :

The Company has adequate internal control procedures commensurate with its size and nature of business. The objective of these procedures is to ensure efficient use and protection of the Company resources, accuracy in financial reporting and due compliance of statutes and company policies & procedures. Checks and balances exist in the system to ensure that all transactions are adequately authorized and reported correctly.

Human Resources Development :

The Company apbrciates that human assets constitute the driving force behind the Company’s growth plans. Your Company would like to record the whole-hearted support and dedication received from the employees at all levels.

Cautionary Statement :

Statement in the Management Discussion and Analysis describing the Company’s position and expectation may be "forward looking statements" within the meaning of applicable securities laws & regulations. Actual results could differ materially from those exbrssed or implied. Important factors that could make a difference to the Company’s operation include, among others, economic conditions affecting demand/supply, changes in Government regulations, tax laws and other statutes and incidental factors.