is maintaining a cautious stance on the group's near-term prospects in the leisure and hospitality industry as the sector's outlook stays highly uncertain, but the conglomerate remains upbeat on carrying its long-term business strategies.
Chairman and chief executive Tan Sri Lim Kok Thay said while the regional gaming market has continued to register nascent recovery, significant challenges would persist in the coming year given the negative impact of the pandemic on the sector.
"These unprecedented challenges will not deter us from carrying out the Group’s long-term business strategies that will also help to spur the local economies,” he said in the company's 2020 Annual Report released today.