Chairman's Message
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| Chairman |
Datuk Teoh Sew Hock
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| In today's rapidly changing business landscape, adaptability and innovation are crucial for maintaining competitiveness. As we move forward, I am thrilled by our company’s growth and development, driven by our adoption of the Industry 4.0 approach, which enhances our industry competitiveness and strengthens our commitment to ESG compliance. |
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| Since our humble beginnings in 1995, Local Holdings has experienced remarkable success and growth. Through our unwavering commitment and collaborations with partners, we have evolved into a leading one-stop OEM solution provider, offering comprehensive end-to-end solutions for market-ready products. |
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| Our competitive edge lies in adopting advanced Industry 4.0 technologies such as automation, big data analytics, digitalisation, cloud computing, and artificial intelligence. These innovations have enabled us to access rapid and accurate information, enhance transparency, and improve operational efficiency. |
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| Furthermore, our commitment to Industry 4.0 aligns with our dedication to ESG practices. Through digitalisation and a transition to a paperless approach, we actively contribute to reducing our environmental impact. In response to global challenges such as climate change, we have implemented initiatives that align with our ESG goals, aiming to drive positive impact and foster sustainability. Guided by principles of good governance, we are committed to creating a more sustainable future. |
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| As we eagerly embrace the future, we prioritise talent retention as a key focus, recognising the importance of keeping a dedicated and united team with the relevant skills. Nurturing and retaining our talented workforce strengthens our competitive edge and ensures continued value creation for our clients. |
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| We remain focused on exploring new technologies, promoting sustainability, and delivering exceptional solutions that create lasting value. |
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