...STRICTLY PRIVATE AND CONFIDENTIAL Serial No. NNNNNNNNNN UNITED GROWTH BERHAD (Company No. 739648-W) Islamic Medium Term Notes pursuant to an Islamic Medium Term Notes Programme of RM2.2 billion under the Shariah principle of Musharakah Joint Lead Arrangers and Joint Lead Managers CIMB Investment Bank Berhad HSBC Amanah Malaysia Berhad (Company No: 18417-M) (Company No: 807705-X) 13 June 2012 IMPORTANT NOTICE Responsibility Statements This Information Memorandum has been approved by the directors of United Growth Berhad (Company No: 739648-W) (“UG” or “Issuer”) and UEM Group Berhad (Company No: 6551-K) (“UEM” or “Obligor”) and UG and UEM accept full responsibility for the accuracy of the information contained in this Information Memorandum. UG and UEM, after having made all reasonable enquiries, confirm that this Information Memorandum contains all information with respect to UG and UEM which is material in the context of the Islamic medium term notes programme of RM2.2 billion (“Programme”) and the offering of the Islamic medium term notes (“Sukuk”) under the Programme. The opinions and intentions expressed in this Information Memorandum in relation to UG and UEM are honestly held, have been reached after considering all relevant circumstances and are based on reasonable assumptions and there are no other facts in relation to UG and UEM or the Programme the omission of which would, in the context of the Sukuk issue, make any statement...
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...Devi Selvaraju Noor Armi Addila Bt Noor Ariff Nur Azlinda Bt A.Azaman Norliza Bt P P Mohamed • 2. AGENDA• INTRODUCTION• MANAGEMENT CONSTRAINT• COMPETITION• UNPROFITABLE ROUTES• INCREASED IN FUEL PRICE• MAINTENANCE COST• RECOMMENDATION • 3. INTRODUCTION• 1994- Privatized 32% controlling stake to Tajuddin Ramli through Naluri Berhad• 1998- Asian Financial Crisis MAS faced substantial losses• 2005- MAS reported loss RM1.3b• 1 Dec 2005- Idris Jala became CEO of MAS• 27 Feb 2006 - BTP 1 was announced • Action taken by management(Government intervention (Constrained freely changing destination, routes and pricing (4. 1. MANAGEMENT CONSTRAINT • 5. Constrained Freely ChangingDestination, Routes And Pricing • MAS suffered high losses due to poor management & fuel price increases. • MAS operations were identified as the causes of the RM1.3 billion loss are: – Escalating fuel prices – Increased maintenance and repair costs – Staff costs – Low yield per available seat kilometre • 6. Government Intervention • Transformation Programme: - Widespread Asset Unbundling (WAU) RM7bil in debt were shifted to Penerbangan Malaysia Berhad (PMB) - Government Linked Corporation (GLC) BTP is also part of the GLC which aims to make all GLCs more successful. • 7. Action Taken By The Management • Increased domestic price • Major cost reductions were made • Improve MAS network • New low cost community airline • Malaysia’s first commuter airline was launched • 8....
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...The original name of Malakoff Corporation Berhad is Malakoff Berhad. It was a plantation-based firm which was formed on 9 Ocktober 1975 and listed on Bursa Malaysia (previously named as the Main Board of the Kuala Lumpur Stock Exchange) in 1976. The company has then changed its corporate direction into power sector after disposing its plantation-based assets in October 1993. Nucleus Avenue (M) Berhad, a subsidiary of MMC Corporation Berhad has offered to acquire Melakoff Berhad (MB) on 17 May 2006. The acquisition includes all the assets except for cash and the assumption of all the debt and liabilities of MB for a total cash of RM9.307.6million. On 30 April 2007, the acquisition was finally completed. MB was then delisted from the official list of the Main Board of Bursa Securities (known as Main Market of Bursa Securities) on 18 July 2007. After being delisted, it was renamed to its present name, Malakoff Corporation Berhad (MCB) on 25 April 2007. Committe to sustainability, we hold the health, safety and security of our staff paramount. We take great care to minimize the impact on the environments in which we operate and as a responsible corporate citizen, we set out to be a good neighbour in whatever we do and wherever we go. At present, Malakoff is the leading IPP in Malaysia with an effective capacity of 5,346 MW comprising of 6 power plants that run on oil, coal and gas. On the international front, as an independent water and power producer (IWPP), we own a net...
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... THREE (3) major differences between financial accounting and management accounting. (6 marks) B. Aishah works at Tulus Furnitures, a factory involves in rattan furniture at Nilai. Explain the meaning of the following terms. Support your answer with TWO (2) examples of each cost that are commonly incurred by Tulus Furnitures: i. period cost ii. product cost (6 marks) C. Explain the meaning of each of the terms and provide example of each of the categories: i. fixed costs ii. variable cost iii. semi fixed costs iv. semi variable cost. (8 marks) [20 marks] EAB10603_Management Accounting 1 1 CONFIDENTIAL SECTION B (Total: 80 marks) Question 1 Qaira Sendirian Berhad is a manufacturer of a consumer product. The selling price of the product is RM 70 per unit. The company provides the following information on its operation for the year 2013: sales unit produced 30,000 units 35,000 units Additional information on the cost incurred is as follows: variable...
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...What is the "Memorandum of Association" The “Memorandum of Association” defines the essential components of the structure of the company. Its essential contents are:- * The name of the company (which must end with the words “Sendirian Berhad” if it is a private company, or just “Berhad” if it is a public company); * The situation of the company’s registered office; * The objects of the company, i.e the nature of business intended to be carried out; * That the liability of the members is limited * The nominal amount of the authorized share capital with which it is proposed to register the company and the division of such capital into shares of a fixed amount; and * The association clauses The “Memorandum of Association” must be signed by at least two subscribers; duly dated. The signature of each subscriber must be witnessed by a third person. Each of the subscribers must undertake to subscribe for one or more shares of the company. Starting a Business in Malaysia Photo courtesy of Thomas Hawk After you’ve decided that your idea is going to change the world, your next step is to move out from your house garage and start commercializing the idea into a product or service that can be enjoyed by the consumers. In Malaysia, it’s relatively easy for an ambitious entrepreneur to setup a business, although running one is an entirely different thing. To start out, an entrepreneur can look into the following options: i) if you’re a lone ranger...
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...CLASSIFICATION OF COMPANIES AND SEPARATE LEGAL ENTITY 1) Types / form of business organization Sole Proprietor -operated by individual -unlimited liability -not complex organizational structure -all decision regards to business is done by the individual - Capital for venture is from the individual -all the profits made belong to him exclusively but he also bear all the risk -no separation between the business and his personal assets Advantages: -only minimal legal requirements for him to comply - Easy to start -minimum capital is required -all assets & profits belong to the owner -owner can exercise his entrepreneurial skill to the full -owner makes all decision & operates the business the way he wishes - No need to disclose accounts to the public Disadvantages: -unlimited liabilities -inadequate funds -limited skill or expertise -personally accountable for all business decisions -responsible for all the work. No one to share the workload. -no income if owner is incapacitated. Eg. Sickness -no continuity. ( perpetual succession) Business ceases once owner dies Partnership – Partnership Act 1961 * Unlimited liability * Terminate if there is death, bankruptcy * The partners can be sue or be sued * Member –min 20 , max 20 * X own any property under its firm name. * X take any loans from creditors on its firm name * X loan any money on its firm name * X sue or be sued on the firm name Advantages ...
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...PADINI HOLDINGS BERHAD PROFILE Company Profile : Padini Holdings Berhad Ticker : PADINI Exchanges : KUL 2007 Sales : 316,870,000 Major Industry : Apparel & Textiles Sub Industry : Apparel Manufacturers Country : MALAYSIA Employees : 1762 Business Description Padini Holdings Berhad. The Group's principal activity is dealing garment, ladies' shoes and accessories. Operations are carried out in Malaysia and Hong Kong. Industry Trend and Development Going forward, we still firmly believe that issues relating to size and brand power will continue to be the predominant competitive features that businesses in the retail fashion industry have to address. Shopping malls, both new and existing ones, are getting larger, and the stores located within them are also expanding in size. The newly-opened Berjaya Times Square and Ikea Store can attest to that. And given the continuing proliferation of brands and the numerous communication channels that exist, it will get increasingly tougher to reach, secure and retain customers. In this chaotic and rapidly evolving market environment, brands, properly and smartly managed, will provide the stability needed to drive growth and market share. Flashback |1971 |Began operations as Hwayo Garments Manufacturers Company, a sole proprietorship carrying out the manufacturing | | |of ladies garments and wholesaling of the finished products to departmental stores. | |1973 ...
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...Bank Argentina S.A. HSBC Bank Australia Limited HSBC Finance Corporation USA HSBC Bank Brasil S.A. HSBC Securities (USA) Inc. Bank of Communications Co., Limited (‘BoCom’) HSBC Bank Egypt S.A.E. 94% HSBC Bank Malaysia Berhad 19% PRC HSBC Private Banking Holdings (Suisse) SA HSBC Bank plc UK HSBC Private Bank (Suisse) SA The Saudi British Bank 40% HSBC Bank (Taiwan) Limited HSBC Bank (Vietnam) Limited HSBC Bank Middle 80% East Limited Germany 99% HSBC Mexico S.A. HSBC USA Inc. HSBC Bank USA, N.A. Hang Seng Bank Limited HSBC Bank A.S. 62% MENA3 HK HK Turkey Hang Seng Bank (China) Limited 99% HSBC France 99% 99% HSBC Seguros S.A. HSBC Trinkaus & Burkhardt AG HSBC Insurance (AsiaPacific) Holdings Limited Hang Seng Insurance Company Limited HSBC Seguros (Brasil) S.A. Mexico HK HSBC Vida e Previdência (Brasil) S.A. HSBC Life Insurance Company Limited HSBC Insurance (Singapore) Pte. Limited HSBC Life (UK) Limited HSBC Assurances Vie (France) HSBC Amanah Takaful (Malaysia) Sendirian Berhad Regency Assets Limited Mazarin Funding Limited Barion Funding Limited Malachite Funding Limited HK 50% 49% PRC HSBC Life (International) Limited HSBC Seguros de Retiro (Argentina) S.A. 99% HSBC Seguros...
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...Executive Management & Shariah Advisory Board Current Em- | Dr Cheong Choong Kong - Chairman | | | | Dr Cheong was first appointed to the Board on 1 July 1999 and last re-elected as a Director on 17 April 2008. On 1 July 2003, he was appointed Chairman, after having served as Vice Chairman from 26 March 2002 to 30 June 2003. Dr Cheong brings with him a wealth of experience gained in his extensive career, including 29 years at Singapore Airlines Ltd, where he last held the position of Deputy Chairman and Chief Executive Officer. He is a Director of several companies, including Great Eastern Holdings Ltd. Dr Cheong holds a Bachelor of Science with First Class Honours in Mathematics from the University of Adelaide and a Master of Science and Ph.D. in Mathematics and (Honorary) Doctor of Science from the Australian National University. Age 69. | | | | | | | | | | Mr Bobby Chin | | | | Mr Chin was first appointed to the Board on 1 October 2005 and last re-elected as a Director on 17 April 2009. He is presently the Chairman of Singapore Totalisator Board and a member of the Council of Presidential Advisers of the Republic of Singapore, and serves on the board of several companies, including Neptune Orient Lines Ltd and Sembcorp Industries Ltd. He also serves as a Board Member of Singapore Labour Foundation, a Board Trustee of Singapore Indian Development Association and a Member of the Competition Commission of Singapore...
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...Marketing Strategies For Perodua Executive Summary This marketing report briefly analyses the marketing approach of Perusahaan Otomobil Nasional Kedua (PERODUA), in this analysis, the various marketing activities such as product development, distribution, pricing, advertising and market research of the company is critically evaluated. The report also evaluates the company's current position against the automotive industry and its competitors. A concise insight into the consumer's perception of the brand is also investigated. The contents contained herein is not exhaustive of the company's marketing and business activities but merely provides a basic overview of its current marketing standpoint, business challenges and possible remedies to its position based on information available on the public domain. Marketing is an organization function and a set of processes for creating, communicating and delivering value to customers and for managing customer relationship in ways that benefit the organization and its stakeholders (Kotler et al.,2007). Marketing is a holistic process encompassing prior and after the act of selling applicable to any organization, large or small, for-profit or non-profit, domestic or global. Marketing itself is an evolutionary process starting off from consumer goods marketing all the way to electronic marketing of current times. Marketing professionals have also capitalized on viral marketing in recent times. This marketing report analyses the marketing...
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...Summary Of Delima Encik Zayed and his wife Puan Hashimah is the Director and the only shareholder of Delima enterprise. Delima Enterprise Sendirian Berhad conducted trading and supplying with oil and gas industries. The company has secured a contract worth RM750,000 but due to lack of fund the company need to borrow RM1,000,000 with the bank. To get the loan bank need the company unqualified audited financial statement but the company had never performed the statutory audit. The company hired an auditor to audit the financial statement but the auditor wish to qualify the report because of some unresolved issue. The company was incorporated 2004. The company had maintained a lean organization with basic functional. Encik Zayed hires mostly his family member although they have a low qualification. The company use MYOB system and manually produced sales document. The company pay salary weekly to the worker and the employee prepared the time card. The auditor have problem to complete the audit due to incomplete information and record. Cik Amy the new worker as the finance executive analyse the situation and try to help the auditor although the company have many problem. Problem Faced by Delima The Delima Enterprise Sdn Bhd had many problems such as lack of fund to start the contract in the 6 month duration. The company also have a serious management problem because Puan Hashimah and Encik Zayed have no knowledge in handling the company and they treated it like...
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...to be certain for what return is and how to measure it. For a company, investments and shares are always being the common equity and fund for them cycling their business every day. They must have their expected return in gaining a profit and a given trust towards their clients. Investment is the application of funds with the target of attaining additional income or growth in terms of value. This project is to calculate the closing daily share prices of five companies from the main market and KLCI for year 2013. Our group has proposed five companies which are Magnum Berhad, Faber Group Berhad, Gamuda Berhad, Scientex Berhad and Public Bank Berhad. The calculation is involve of the expected return, variance, standard deviation, coefficient of variation, covariance, correlation, beta and capm. We have conclude all the calculation into the table and graph. 2.0 Company Profile 2.1 SCIENTEX BERHAD It was incorporated in 1968 as Scientific Textile Industries SD Bud, Scented...
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...BAB EMPAT DAPATAN KAJIAN 1. Pendahuluan Bab ini membentangkan hasil analisis data kajian dan data deskripsi melalui profil organisasi diikuti dengan analisis berkaitan dengan kualiti perkhidmatan dan kepuasan pengguna. Statistik deskriptif iaitu frekuensi, peratusan, sisihan piawai dan min digunakan bagi menjelaskan profil organisasi. Analisis perhubungan melalui ujian korelasi dan analisis pengaruh melalui ujian regrasi berganda di lakukan antara kualiti perkhidmatan terhadap kepuasan pengguna. Kualiti perkhidmatan yang ditawarkan oleh syarikat insuran terhadap produk takaful dapat memainkan peranan sebagai salah satu faktor yang dilihat boleh mempengaruhi kepuasan pengguna. 2. Profil organisasi Responden terdiri daripada organisasi yang menjalani perkhidmatan di daerah Kubang Pasu, Kedah. Sebanyak 91 organisasi telah diambil sebagai responden. Faktor organisasi yang diambil kira adalah seperti lokasi, jenis organisasi, bilangan pekerja, jenis perniagan atau perkhidmatan yang ditawarkan, bilangan tahun melanggan produk takaful, cara pembayaran dan jenis polisi yang dilanggan. Jadual 4.2 dapat menjelaskan dapatan profil organisasi dengan lebih terperinci. Jadual 4.2 :Profil demografi responden |No. |Perkara |Bilangan |Peratus (%) | |1 |Organisasi | | ...
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...national car, Proton Saga project was formed embark from the Look East Policy. Perusahaan Otomobil Nasional Sendirian Berhad (PROTON) was formed in 1983 as a company of national car to manage the operation of the national car project. "The Proton Saga is more than just a quality automobile. It is a symbol of Malaysians as a dignified people" quoted by Tun Mahathir Mohammad during the launched of the first model of national car, Proton Saga in 1985. Anyhow, PROTON facing the downfall when Perusahaan Otomobile Kedua Sendirian Berhad (PERODUA) launched in 1993, producing minicars and superminis models which target the different market segments as Proton. For example in 2002, Proton become the 1st of the car supplier in Malaysia, acquired 49.43% of the market share. Anyhow, in 2006, Perodua overtake Proton as the 1st car supplier in Malaysia with 42% of market share, and Proton was 10% behind it. This trend maintain consistently until latest statistic in 2011, Perodua still become the 1st supplier in Malaysia acquired 34% of the market share while Proton maintain the 2nd place with 33% market share. Furthermore, in view of the stock market, the Proton performance also become very poor, from earning per share 216 cents in 2002, reduce drastically to 8.5 cents in 2006, basically it has lost the trust from the shareholders and stakeholders. Perusahaan Otomobil Nasional Berhad, better known as Proton, was founded in May 1983 as a joint venture between the state owned Heavy industries...
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...Journal of Financial Reporting and Accounting Insurance vs Takaful: identical sides of a coin? Hairul Suhaimi Nahar Downloaded by ZHONGNAN UNIVERSITY OF ECONOMICS AND LAW At 10:31 08 December 2015 (PT) Article information: To cite this document: Hairul Suhaimi Nahar , (2015),"Insurance vs Takaful: identical sides of a coin?", Journal of Financial Reporting and Accounting, Vol. 13 Iss 2 pp. 247 - 266 Permanent link to this document: http://dx.doi.org/10.1108/JFRA-02-2015-0029 Downloaded on: 08 December 2015, At: 10:31 (PT) References: this document contains references to 66 other documents. To copy this document: permissions@emeraldinsight.com The fulltext of this document has been downloaded 248 times since 2015* Users who downloaded this article also downloaded: Mohamed Sherif, Nor Azlina Shaairi, (2013),"Determinants of demand on family Takaful in Malaysia", Journal of Islamic Accounting and Business Research, Vol. 4 Iss 1 pp. 26-50 http:// dx.doi.org/10.1108/17590811311314276 Khalid Al-Amri, (2015),"Takaful insurance efficiency in the GCC countries", Humanomics, Vol. 31 Iss 3 pp. 344-353 http://dx.doi.org/10.1108/H-05-2014-0039 Nor Aziah Abu Kasim, (2012),"Disclosure of Shariah compliance by Malaysian takaful companies", Journal of Islamic Accounting and Business Research, Vol. 3 Iss 1 pp. 20-38 http:// dx.doi.org/10.1108/17590811211216041 Access to this document was granted through an Emerald subscription provided by emeraldsrm:509129 [] For...
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