Recommend improvement of internal control weaknes * In Improving weakneses on the internal control PCI Sdn Bhd should develop more comprehensive Standard of Procedure on preparing Purchase transaction also the accounting preparer role treatment. Refer to the first problem occur where planning section should not easily give MMR to En.Razi without any proper authorization‚ there should be the MMR must be authorized by their head department first before sent to En. Razi to recheck the exactly amount
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Mad Food Sdn Bhd (MF) has 50 members and has a market capitalization of RM5 million. The board of directors is desirous of converting MF into a limited liability partnership (LLP). The reasons are that MF is not very profitable‚ it is getting very costly to operate as a body corporate with a small capital and MF is restricted by its objects clause to pursue other business opportunities. iii. MF was advised that a partnership must not have more than 20 partners all of which must be individuals. MF
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com/archive/index.htm [1983] Part 2 Case 5 [PC] | | | THE PRIVY COUNCIL | River Estates Sdn Bhd - vs - The Director General of Inland Revenue CoramLORD SCARMAN LORD ROSKILL LORD BRIDGE OF HARWICH LORD BRIGHTMAN SIR DENYS BUCKLEY | 5 DECEMBER 1983 | Judgment Lord Scarman (delivering the Judgment of the Board) 1. Ever since its incorporation in 1950 River Estates Sdn Bhd the appellant‚ has been engaged commercially in the extraction of timber and in plantation in north-east
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company. However‚ the Yummy Sdn Bhd had purchased the new machine for expanding their product lines purpose. Therefore‚ the company has no extra capital to allocate to R&D and they cannot borrow any fund from bank as well. Based on this circumstances‚ since Yummy Sdn Bhd can’t find the fund in any external wayfinding‚ so the company can attempt to find fund through internal wayfinding. The first way suggest to the company is do the cost saving project. Yummy Sdn Bhd can try to suggest and provide
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• Introduction of the company WORLDGATE EXPRESS SERVICES SDN.BHD. Is a wholly Malaysian owned company‚ with experienced people‚ running a viable‚ dynamic organization. The company was established in the year 1999 as an International air & sea freight forwarder. We currently have a workforce of about 100 employees covering KUL airport‚ Port Klang‚ Penang‚ Pasir Gudang and Melaka. We also have a warehouse in Port Klang‚ 50‚000sq ft plus another one in KUL airport‚ both are bonded. Besides
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PLANNING AND STRATEGIC MANAGEMENT Basic strategies used to respond to uncertainty Hup Seng is a defender in responding to uncertainty. Hup Seng can be described as a market-leader in crackers as they are experts at producing and selling biscuit Hup Seng is quite active to produce new product for market. Other than crackers‚ Hup Seng also sells sweetened and unsweetened biscuits‚ other assorted biscuits and coffee products through its subsidiary‚ In-Comix. They also sell “Ong San Yong” Chinese
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The name of our company is SOINS Sdn Bhd. The name of ‘SOINS’ Sdn. Bhd is inspired by the French word ‘SOINS’ which means cares. The company was created by Ms. Beh Hooi See with three shareholders which consists of Ms. Bong Lay Wen‚ Ms. Cheng Sin Yee and Ms. Chin Pey Yee at 1st of November in the year of 2014. SOINS Sdn Bhd is an entrepreneurial firm that manufacture travel kit with toiletries ready inside. 2.2 Ownership structure SOINS Sdn Bhd is a private limited company. SOINS is formed under
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production of items in other materials such as wood‚ gypsum‚ bonded porcelain and precious metals‚ including silver and gold‚ through its newly created‚ wholly-owned subsidiaries Selberan Co. Sdn. Bhd.‚ Comyns and Selcraft Sdn. Bhd.‚ which manufactures crystal‚ 18K gold and silver jewellery. Selberan Co. Sdn. Bhd. has two factories‚ also based in Setapak‚ which operate under a separate manufacturing licence. The Royal Selangor’s
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INDUSTRIAL COURT OF MALAYSIA CASE NO. 12/4-410/04 BETWEEN ENCIK YAP CHO HEEON AND FIMCO MANAGEMENT SDN. BHD. AWARD NO. 704 OF 2012 Before : Y.A. TUAN GULAM MUHIADDEEN BIN ABDUL AZIZ - CHAIRMAN Venue : Industrial Court‚ Malaysia Kuala Lumpur Date of Reference : 27.02.2004 Dates of Mention : 25.05.2004; 07.12.2004; 15.09.2005; 31.05.2007; 03.12.2008; 23.09.2010; 17.01.2011; 06.04.2011; 10.08.2004; 16.12.2004; 12.07.2006; 31.03.2008; 03.06.2010; 28.10.2010; 17.02.2011; 11.05.2011; 08.09.2004;
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CASE1: DELIMA Mustapha Kamal Mohd Razali Aini Aman Azbir Abu Bakar Yazmiza Long Case Synopsis The case is about an enterprise founded by family members and later was incorporated as Sdn Bhd. The shareholders were mainly the directors of husband and wife who were involved in the management of the company. The company involved in trading and engineering service3s. The company has limited financial resources. Based on the audit finding the records were not properly kept and no procedures and financial
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