(The Condensed Consolidated Income Statements should be read in conjunction with the Annual Financial Report for the year ended 31 December 2008)

(The Condensed Consolidated Balance Sheets should be read in conjunction with the Annual Financial Report for the year ended 31 December 2008)

Review of Performance

Group revenue of RM9.826 million for the current financial period ended 31 March 2009 was 42% lower compared to RM16.805 million for the previous year corresponding period. Profit before tax of RM0.05 million was lower as compared to RM0.73 million in the previous corresponding period due to low sales recorded in the current financial period. The profitablity of the Group was affected by the current economic climate/slowdown which contributed to the decline in revenue of the Group. This is particularly evident in the electronics products, and fabrication and manufacturing segments.

While the Group anticipates the decline to continue to next quarter, it will nevertheless continue to be prudent and vigilant in managing its business to weather the slowdown.