Stamford Tyres Corporation Ltd - Annual Report 2015 - page 5

The above reaffirms Stamford Tyres’
position as one of the largest tyres
and wheels distributor in the region
as we continue “Building on Our
Extensive Network”.
TALENT DEVELOPMENT
One of our key core strengths is our
people. We have been blessed to
have assembled and nurtured a
strong core Senior Management
Team to lead the Group into the
future. An equally capable Middle
Management Team has also been
groomed and are poised to helm the
Group in the future. We will continue
to invest in our personnel, develop
their capabilities and prepare
them for the challenges of ensuring
sustainable growth for the Group.
Our Management Team is fortunate
to receive regular guidance and
wisdom from our Board of Directors.
LONG PARTNERSHIP WITH
SUPPLIERS
Another key strength is our close-
knit supplier relationship. This year
marked the 40th anniversary of
Stamford Tyres-Falken relationship.
Having started in 1975 when Falken
was called Ohtsu Tyres and later
part of the Sumitomo Group, we
have evolved and bonded, sharing
a strong and long history together.
Continental Tyres is another
important close supplier which we
have been working with since 1976
and we envisage this partnership to
continue for many years to come.
Our expertise as a distributor
has expanded over the years to
span the globe. This key ability to
penetrate markets and develop
brands is an asset which allows
us to maintain the strong rapport
with our suppliers. We have also
extended and evolved from this core
activity into manufacturing, retailing,
tyre management as well as the
development of our own proprietary
brand tyres – Sumo Firenza and
Sumo Tire.This has greatly enhanced
the value of our Group.
REWARDING OUR SHAREHOLDERS
The Directors have recommended a
first and final dividend of 1.0 cent per
ordinary share which, if approved
at the Annual General Meeting,
will be paid to shareholders on 18
September 2015.
APPRECIATION
On behalf of the Board, I would
like to extend our appreciation
and gratitude to our customers,
suppliers and business associates
for their unwavering support. To
the management and staff, thank
you for your loyalty, dedication and
commitment that have propelled
the Group to what it is today.
My appreciation also goes to my
fellow directors on the Board for their
invaluable counsel and guidance
during the past year.
Last but not least,the strong backing
from our bankers and shareholders
has put us on a solid foundation.
These core strengths have enabled
us to overcome all the challenges
over the year and I believe we will
continue to drive Stamford Tyres
forward into the future.
Mr Wee Kok Wah
President
3
STAMFORD TYRES CORPORATION LIMITED
June 2015 - Launch of Falken ZIEX ZE914 and SINCERA SN832i in Bangkok,Thailand
From Left To Right: Nonin Liemphetcharat (Director, Stamford Tires Distributor Co Ltd),
Wee Kok Wah (President, Stamford Tyres Corp Ltd), Dawn Wee Wai Ying (Executive Director, Stamford Tyres
Corporation Ltd), Toru Nagahata (President, Sumitomo Rubber (Thailand) Co Ltd), Colin Choo (SVP, Head of
Thailand Operations, Stamford Tyres Corp Ltd), Takahiko Shiomi (Director, Sumitomo Rubber (Thailand) Co
Ltd)
May 2015 - Celebrating 40 Years Of Partnership With Sumitomo Rubber Industries
From Left To Right: Patrick James Berriman (SVP, Head of Singapore Operations, Stamford Tyres Corp Ltd), Clare
Law (SVP, Head of Supply Chain Management, Stamford Tyres Corp Ltd), Conson Tiu Sia (SVP, Head of South Africa
Operations, Stamford Tyres Corp Ltd,), Cham Soon Kian (Executive Vice President, CEO of Malaysia, Stamford
Tyres Corp Ltd,), Wee Kok Wah (President, Stamford Tyres Corp Ltd), lkuji Ikeda (President & CEO, Sumitomo
Rubber Industries), Hidekazu Nishiguchi (Executive Officer & GM of Overseas Tire Sales HQ, Sumitomo Rubber
Industries),Yasuhiro Nemoto (Managing Director, Sumitomo Rubber Asia (Tyre) Pte Ltd), Wu Xiao Ning (Manager,
Sumitomo Rubber Asia (Tyre) Pte Ltd)
BUILDING ON OUR EXTENSIVE NETWORK
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