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Gamuda Berhad (29579-T) • Annual Report 2012
Y M Raja Dato’ seri Abdul Aziz bin Raja salim
Chairman, Gamuda Berhad
ChAiRMAn’s
PeRsPeCTiVe
To our esteemed shareholders, customers,
employees, partners, suppliers and friends,
on behalf of the Board of Directors, it gives
me great pleasure to present the 22
nd
Annual Report and Audited Financial statements
of Gamuda Berhad for the financial year ended
31 July 2012 (FY2012).
FY2012 was indeed a year of major
achievements for your company despite the
global economy experiencing one of the most
tumultuous and volatile years in recent history.
The european debt crisis dominated most of
the financial headlines during the year. starting
with ireland and Portugal, it eventually spread to
major european economies like Greece, spain
and italy, requiring massive financial bailouts
from the european union. several emergency
measures were put in place to stem the crisis
spreading further and to protect the euro,
which was in danger of collapsing. At the time
of writing, the crisis appear to have abated but
its underlying structural problems have yet to be
fully addressed.