B) Company Business Description Tan Holdings Berhad (THB) I. Company History: Tan Holdings Berhad (THB) (formerly known as Tan Berhad) was founded by Datuk Tan Seng Man in 1957 which is the year of Malaysia Independence and the company headquarters located at Jalan Ampang in the center of Kuala Lumpur. In the early years‚ THB started its business by venturing into palm oil industries. The company acquires a piece of 1500 acres of land from the government of Malaysia to begin its palm oil plantation
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IOI Case: Team 2 Analysis The IOI Group‚ or the Industrial Oxygen International‚ has demonstrated its dominance in the palm oil industry since 1995‚ as it has continuously been expanding and profiting through its vertical integration strategy by controlling the production and distribution line from the upstream to downstream. However‚ through the process of expanding‚ IOI has encountered several obstacles that have slowed their progress down. It has faced problems such as lack of land and resources
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The IOI Group: Creating a Malaysian Palm Oil Multinational The case discusses the story of the IOI Group‚ one of the largest palm oil players in Malaysia‚ which has seen rapid growth in the past two decades. Family-controlled since 1982‚ the IOI Group’s main businesses initially were property and palm plantations. As a relative latecomer in the palm oil industry‚ it grew both organically and through acquisitions‚ and‚ in 2010‚ had sales of about US$4.3 billion and employed 30‚000 people. Over the
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IOI Corporation Berhad or commonly known as IOI‚ was incorporated on 31 October 1969 as Industrial Oxygen Incorporated Sdn Bhd. IOI is one of Malaysia’s biggest enterprise group that started from industrial gas manufacturing. It ventured into property development in 1982‚ followed by oil palm plantations in 1985. As at June 2009‚ IOI Group employs more than 30‚000 personnel of more than 23 different nationalities in 15 countries. IOI is listed on on the main board of the KLSE (also known as Bursa
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Background Information of IOI Corporation Berhad The group’s principal activity is manufacturing of oleo chemicals‚ palm oil refinery and palm kernel crushing. However‚ IOI divide their group activities into 5 segments; Plantation‚ Property Development‚ Property Investment‚ Resource-based Manufacturing‚ and Other operations segment. Plantation segments focus in cultivation of oil palm and rubber and processing of palm oil. Property Development is engaged in the development of residential and commercial
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The responsibilities for the IT department or also known as the Information Technology department in a business is to assure all systems are functional at all times. The IT department is in charge of the software‚ hardware‚ architecture and the networking of the computers in the company. Employees within the IT department are responsible for different parts of the department. There are the Programmers‚ groups in charge of the Company Website‚ the Technical Support and the Administration. The different
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1.0 Company Background 1.1 IOI Properties Bhd IOI Properties Berhad‚ an investment holding company‚ engages in the property development and property investment in Malaysia. Its investment properties include commercial/ office buildings‚ and shopping malls. The company also develops residential‚ commercial‚ and industrial properties‚ as well as provides building maintenance and general contract services. In addition‚ IOI Properties Berhad involves in the cultivation of oil palm; and the management
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The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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resource department * Distribution department * Quality check department * Marketing department * Finance/ Accounting department * Information technology department * Administration department Japan head office * Engineering department * Purchasing department * Productive department * Research & Development department * Creative department * * Human resource department * Distribution department * Quality check department * Marketing
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