BakerAR_2012 - page 171

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Furthermore, given that competition in offshore engineering
is intense, we cannot afford to rest on our laurels. To that
end, we will continue to strive for excellence in our internal
operations and ensure thatwemaintainour competitive edge
and reputation for quality.
Appreciation
As we transition to the next stage of growth, the Board and
I wholeheartedly thank our shareholders for continuing to
support us inour journey.Wearegrateful to themanagement
and staff for all their hard work and we would also like to
thank all our customers, suppliers, business partners and
advisors for their ongoing support.
Iwouldalso like toextendmy appreciation tomy fellowBoard
members for their commitment in nurturing and growing the
Group and I look forward to the next steps ahead especially
with our newBoardmembers.
Let us look forward to reaping the fruits of our labour in the
years ahead.
LimHo Seng
Chairman of the Board
April 2014
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