Dear Valued Shareholders'

Kindly allow me to welcome you all in this annual meeting of all partners, shareholders of our unique company Queen South Textile Mills Ltd.

You all are aware how and when we started our journey, under what circumstance and where we all have reached today as a public listed company with shareholding by you all. Also, the progress we have made against all odds due to co-operation of you all and certainly we have to thank the guide line given by the present Board of Directors under the able leadership of our Managing Director Mr. Wong Jammy Kwok Chan.

Mr. Wong Jammy Kwok Chan will tell you that like last year we have managed to organize a cash dividend for each share around 7% & stock 10% and surely it is our achievement while the Export Market of the products of our nature is facing severe competition. Our Managing Director Mr. Wong Jammy Kwok Chan will speak in detail future plans of development of our company and any questions, I am sure Mr. Jammy will be happy to explain.

On behalf of you all and on behalf of our Board of Directors I would like to thank all those who have rendered services and assistance received from stakeholders, financiers, insurers, suppliers, creditors, buyers and the community around our factory. I would also thank Government Agencies and the public in general for their cooperation and support in the running of our Company.

Now, to end my brief welcome address kindly allow me once again ladies and gentleman to thank you for attending this 16th Annual General Meeting..

Thanking you all.


Wong Kwok Chuen