Chairman Statement

This represents our commitment and resolution in forging ahead towards “Building a Sustainable Future” for both the Group’s operations as well as the environment at large.

VINCENT LIM HUI ENG
Executive Chairman and CEO

This represents our commitment and resolution in forging ahead towards “Building a Sustainable Future” for both the Group’s operations as well as the environment at large.

VINCENT LIM HUI ENG
Executive Chairman and CEO

Strengthening Our Sustainability Commitment

In FY2025, the Group continued to advance its sustainability journey, reinforcing our commitment to responsible growth, operational resilience and long-term value creation. Sustainability remains a core pillar of our business strategy, particularly as the maritime and engineering sectors undergo rapid transformation driven by decarbonisation, digitalisation and technological innovation.

We have continued to embed sustainability considerations into our operations and strategic decision-making processes, ensuring that our business remains aligned with industry developments, stakeholder expectations and emerging regulatory trends.

Driving Sustainable Growth and Innovation

During the year, the Group remained focused on strengthening its core business segments while advancing innovation in sustainable solutions.

Our Integrated Engineering division continues to support maritime electrification and decarbonisation efforts, in line with Singapore’s Maritime Decarbonisation Blueprint. Through our capabilities in hybrid and electric propulsion systems, we are well-positioned to contribute to the industry’s transition towards lower-carbon operations.

Our Green LED lighting solutions continue to promote energy efficiency across maritime and industrial applications, while our cybersecurity segment strengthens the resilience of critical infrastructure in an increasingly digital environment.

At the same time, we have enhanced our research and development efforts to expand our capabilities in sustainable engineering and technology-driven solutions, positioning the Group to capture emerging opportunities in the low-carbon economy.

Expanding Our Global Presence

The Group continues to strengthen its footprint across Asia, the Middle East and Europe, reinforcing its position as a global provider of specialised engineering and technology solutions.

During FY2025, we undertook strategic initiatives to enhance our business portfolio and operational capabilities. This includes the restructuring of our global sales channels within the Infrared and Thermal Sensing Technology segment, as well as the establishment of ITS to take over key assets and business operations, supporting long-term growth and operational efficiency.

In the cybersecurity space, ADPL continues to enhance its portfolio of advanced solutions to address evolving cyber threats across critical industries, further strengthening the Group’s integrated service offerings.

Advancing Sustainability and Decarbonisation Efforts

In response to increasing regulatory expectations and stakeholder demands, the Group continues to strengthen its approach to sustainability management, particularly in energy efficiency, emissions management and climate resilience.

We remain aligned with Singapore’s national sustainability agenda, including the Singapore Green Plan 2030, and continue to support industry-wide decarbonisation efforts led by the Maritime and Port Authority of Singapore. Our initiatives are focused on reducing environmental impact, improving operational efficiency and supporting the transition towards a low-carbon economy.

At the same time, we are enhancing our ESG governance framework and strengthening our data collection and reporting processes to improve transparency, consistency and the quality of our disclosures.

Navigating Risks and Opportunities

The evolving sustainability landscape presents both challenges and opportunities for the Group. Rising energy costs, carbon regulations and increasing stakeholder expectations continue to shape our operating environment.

We remain committed to proactively managing these developments by strengthening operational efficiency, enhancing risk management practices and identifying opportunities for innovation and sustainable growth. By integrating sustainability considerations into our core business strategy, we are better positioned to build resilience and deliver long-term value.

Looking Ahead

As we move forward, the Group will continue to deepen its sustainability practices by strengthening governance, enhancing data capabilities and aligning with evolving regulatory and market developments.

We will also continue to invest in innovation, strategic partnerships and capability development to support the transition towards more sustainable and future-ready operations. Our focus remains on delivering sustainable value to our stakeholders while contributing positively to environmental and social outcomes.

Appreciation

On behalf of the Board, I would like to once again express my sincere appreciation to our employees, customers, business partners, shareholders and stakeholders for their continued trust and support.

Together, we remain committed to building a resilient, responsible and sustainable organisation for the future.