On behalf of the entire Board of Directors of the company I welcome you to the 27thAnnual General Meeting of our Company.
In the last year the company has suffered huge losses due to a steep fall in thebusiness of the company. The management is making every effort to grow the business of thecompany and I assure you that the business of the company will be brought back on track inthe coming years.
In an effort to restructure the company the board is trying to rationalize the assetsof the company and close down non profitable business and concentrate on the core businessof the company.
I would like to assure you that your management will take all necessary steps to expandand respond promptly and appropriately to the changing business needs and bearingunforeseen circumstances. It will continue to follow the growth path in the current year.
Our thanks go out to all of you our shareholders for making it convenient to attendthis meeting and/or the faith and confidence you have reposed in the Company.