ANNUAL REPORT 2012 - Wawasan TKH Holdings Berhad

004
CHAIRMAN’S STATEMENT (cont’d)
CORPORATE SOCIAL RESPONSIBILITY
The Group recognises the importance of
Corporate Social Responsibility in the process of
pursuing its business objectives. Subsequent to
the introduction of JASA Eco in year 2010, the
disposable foodwares division namely Greatpac
Sdn. Bhd., had further expanded the range of
environment friendly products. In addition to
the starch based biodegradable and bio-based
products, we have expanded into additive based
foam and plastic products which are 100%
biodegradable and blended starch with poly
lactic acid (PLA) range of compostable products.
The continuous innovation efforts have enabled
the division to produce new products which are
recyclable and environment friendly.
The Group provides and maintains a safe and
healthy workplace for its employees and visitors.
Continuous staff development efforts are being
taken to equip employees with the necessary
skills and knowledge to create a highly efficient
and productive work force. Compliance with the
food safety management system (FSMS) and
hazard analysis critical control point (HACCP)
with the accreditation of ISO 22000:2005
provide assurance of our continuous commitment
to product quality.
ACKNOWLEDGEMENT
I wish to express my sincere gratitude and
appreciation to my fellow Board members for
their invaluable contribution and wisdom in
steering the Group towards achievement of
our objectives.
On behalf of the Board, I wish to express
our gratitude and appreciation to all our
shareholders for your continued support
and confidence in our business and the
management. I would also like to thank the
management and staff for their unwavering
dedications and commitments.
Finally, I would like to extend my appreciation
to the Government, Bursa Malaysia, Securities
Commission, our customers, suppliers, bankers,
auditors, advisors, business associates for their
continuous support and trust to the Group.
Dato’ Tan Kim Hor
Executive Chairman
FUTURE PROSPECTS
The Group expects to gain a bigger share of the
export market with the introduction of more
environmental friendly products range for its
disposable foodwares division. The JASA Eco
products had received favorable response in the
market and the Group anticipates penetration
of more market segment moving forward.
With the recent upgrading of the production
capacity, operation of a new plant, cost
rationalisation and introduction of new products,
the kaolin mining business is expected to achieve
a higher productivity and turnover in the coming
months.
The prolonged uncertainties of the global
economic environment and prevalent volatile raw
material prices and energy costs are significant
factors that could impact the performance of the
Group in the coming years. Nevertheless, the
Group will continue to enhance its competitive
edge, productivity and also strategic marketing
efforts to increase its market share with the
ultimate view to turn the business around.