Chairman’s Letter

Dear Shareholder

The skill and focus with which he dealt with numbers; his ability to see things from 40,000 feet and instantaneously descend to an ant’s-eye view of things; his unflinching commitment to ethics and integrity; his innate understanding of various businesses; his courage and fearlessness and the conviction to call a spade a spade; his innate understanding of when to be a tough negotiator and when to cut slack, all done with a smile, humour and logic; his quest for details;