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8
Chairman’s Statement
Achievements in 2008
On 16 August 2008, the ViTrox Corporation Berhad was ranked no.
6th in the top 100 KPMG Shareholder Value Awards 2007.
On 31 October 2008, the Group’s wholly owned subsidiary, ViTrox
Technologies Sdn Bhd has won the Golden Bull Hall Of Fame 2008
Award.
Future Outlook and Focus
The Group will continue to focus and expand on its core business in the development
& production of MVS, automated optical inspection (AOI) system and ECS.
The Group is also positioning itself towards a higher level of integration in the application
of vision technologies to diversify its business.
Along this business strategy, we will focus more heavily in the development of vision
equipment with expanded technologies and platform. This is crucial to our future while
maintaining and achieving higher values for our shareholders.
During the uncertain economic situation, the Group will implement even more stringent
and prudent internal cost control measures through lean initiatives. We believe strongly
that our success depends heavily on containing costs and eliminating waste in order to
ensure sufficient resources are available for product innovation and market expansion
not only for the immediate future but to build ourselves into a more robust company in
the global markets.
The Group appointed a new Hong Kong based sales representative for the AOI business
and took part in the International Printed Circuit Assembly Exhibition (HKPCA) in Shenzhen,
China in December 2008.
The Group will continue to expand its presence in the Philippines through sales
representatives expansion in MVS and AOI business.
We will capitalize and expand our presence in USA, with continuous growth and technology
advancement.
We foresee FY2009 would be a very challenging and break-through year. We are well
positioned to address the situation through innovations and business excellence.
Dato’ Seri Kelvin Kiew
Chairman
28 April 2009