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| I am excited to share that we have now entered into a new phase of growth. Para Group has made significant progress since its incorporation 20 years ago and that provides us with a strong foundation to realize even more ambitious growth plans.
In this new phase, we want to explore exciting alternative growth paths through brand development, alliances and acquisitions.We are entering into attractive industries such as energy, mining,infrastructure and plantations, and new sectors such as lifestyle and entertainment. We are quickly becoming a leading player in the region in our chosen businesses, whilst building on our core values of good corporate governance, customer focus, and team effort. The key challenge for us is to attract and retain the best talent and to integrate it into a high performance culture with increased focus on leadership, innovation, entrepreneurship, and realization of synergies across our businesses. The Group has also commenced the roll-out of its Asia Pacific regional expansion strategy by establishing retail businesses in Singapore and a property fund in Hong Kong. We are actively looking for opportunities in other fast growing markets such as China, India and Vietnam. All these ambitious growth plans and diversification is aimed at maximizing long term value for our stakeholders and building our core brands. |
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