Waltersmith and Associates Limited (“WSA”)

We are responding to the dynamics of the energy landscape.

In furtherance of the above, Waltersmith has embarked on an organization wide-review to position ourselves strategically and efficiently in line with current energy realities in our operating environment.

We aim to achieve the following:

1. Reduce operating costs within acceptable levels and ensuring sustained business continuity in the face of the challenging economic outlook.
2. Continuous improvement in our business to ensure utmost and efficient delivery.
3. Detailed integrated decision-making process and a streamlined operating structure.

Waltersmith will now operate as a group reporting to Waltersmith and Associates Limited (“WSA”) as an Operating Holding Company. WSA will also provide Shared Services and key “HQ” services such as strategy, commercial, business advisory, performance management, audit and control functions directly to the Subsidiaries.