Executive Chairman Y.A.M. TUNKU NAQUIYUDDIN IBNI TUANKU JA’AFAR (DK, DKYR, SPNS, PPT)

2006 appears to be a very encouraging and exciting time for the Group as there are several positive developments that I am pleased to share with you. To restore Antah onto a stronger footing, both financially and operationally, the company announced a revised composite restructuring scheme involving an injection of a new core business into the Group in early February 2006, which we believe will positively address the Group’s current financial predicament. The injection of a new core business will enable Antah to reposition itself as a key heavy industry player in the burgeoning Chinese economy.

On behalf of the Board of Directors, I wish to express my appreciation to the various stakeholders of the Group, including the relevant regulatory authorities, our valued customers, bankers, creditors and business associates for their on-going support and cooperation throughout the year and to our esteemed shareholders for their unceasing support.

To the management and staff of the Group, the Board of Directors would like to take this opportunity to express our gratitude for their relentless commitment and unwavering loyalty to the continuing development and revival of the Group.

2006 will be very exciting yet challenging but I am confident the Group would take on these challenges in its stride and prevail in times of adversity. Together, we will continue to soldier on and strive for the betterment of the Group.