Harel Mallac Share Price: Rs 172.00 as at Thursday, February 23, 2012    

MCFI Share Price: Rs 37.90 as at Thursday, February 23, 2012    

CMPL Share Price: Rs 19.00 as at Thursday, February 23, 2012    

Chemco Share Price: Rs 28.00 as at Thursday, February 23, 2012    

Bychemex Share Price: Rs 16.10 as at Thursday, February 23, 2012    

Annual Report

The Chairman's introduction to the 2010 Annual Report of Activities

Dear Shareholder,

I am pleased to present the Annual Report of the Harel Mallac Group for the year ended 31 December 2010.

Our Group, despite some business shortfalls, has continued to grow and consolidate its results when adjusting for certain exceptional gains in 2009. Our main business pillars continue to be robust and in fact have been further reinforced to improve overall focus and results. The Harel Mallac Group has performed well in the circumstances, strengthened its position in the market, and widened the platform for future growth.

ANTOINE L. HAREL - Chairman



Download the Full Pdf Version of our Annual Report

Annual Report 2010