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     Chairman’s Statement
                                                              APPRECIATION
                                                              On  behalf  of  the  Board  of  Directors,  I
                                                              would  like  to  extend  my  appreciation  to  the
                                                              management  team  for  their  dedication  and
                                                              diligence  during  the  challenging  past  year.  I
                                                              wish  to  also  offer  my  gratitude  to  the  entire
                                                              Alco  workforce  for  all  of  their  contributions  to
                                                              the  Group.  Certainly  worthy  of  our  gratitude
                                                              are  our  customers,  business  partners  and
                                                              shareholders for extending their support.
                                                              LEUNG Kai Ching, Kimen
                                                              Chairman
                                                              Hong Kong, 28th June 2017
                                                                      ALCO HOLDINGS LIMITED  ANNUAL REPORT 2017  13
     	
