subsidiary of Toyota Corp. PERODUA: THE CASE STUDY # * The joint venture partners/shareholders of Perodua and their respective shareholding are UMW Corporation Sdn Bhd (38%)‚ Daihatsu Motor Co. Ltd. (20%)‚ MBM Resources Berhad (20%)‚ PNB Equity Resources Corporation Sdn Bhd (10%)‚ Mitsui & Co. Ltd (7%) and Daihatsu (Malaysia) Sdn Bhd (5%). Perodua Kancil was introduced to the Malaysian market in August 1994. PERODUA: THE CASE STUDY # PERODUA: THE CASE STUDY # PERODUA: THE CASE STUDY The Shareholders
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Flight of Funds MOHD NOOR ABU BAKARa‚ MARIATI NORHASHIMb* AND ABDUL HAMID MOHAMED GHOWSc ABSTRACT In 2006‚ Malaysian Travels Sdn Bhd‚ a subsidiary of a public listed company‚ purchased 40% equity in Turkistan Global Services Sdn Bhd on the basis of a project paper which outlined a potential travel business to exploit opportunities in Turkistan. Turkistan Global Services Sdn Bhd purported to have acquired the opportunity through a Memorandum of Understanding (MoU) signed by a Malaysian Minister with a
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Introduction The term “registered company” means a company starts its operation or formed by registration under Companies Acts 1965(1). A registered company is explained by the law as a person‚ a human being. This artificial person can own land and other property‚ enter into contracts‚ sue and be sued‚ have a bank account in its own name‚ owe money to others and be a creditor of other people and other companies‚ and employ people to work for it (2). Section 16(5) of the Companies Act 1965 states
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CHEETAH HOLDINGS BERHAD (430404-H) CHEETAH HOLDINGS BERHAD (430404-H) CHEETAH HOLDINGS BERHAD (430404-H) Lot 1846‚ Jalan KPB 6‚ Kawasan Perindustrian Kg. Bahru Balakong‚ 43300 Seri Kembangan‚ Selangor Darul Ehsan‚ Malaysia Tel: +603 8947 3888 Fax: +603 8961 6218 annual report 2011 www.cheetah.com.my annual report 2011 an n u al repo r t 2011 Our Vision fulfilling your lifestyle needs Building brands and value through Quality‚ Design & Innovation Contents
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in the ordinary course of business. | Objective The objective of this Standard is to prescribe the accounting treatment for investment property and related disclosure requirements. Based on the annual report from Bonia Holding Bhd‚ Cheetah Holding Bhd and Padini Holding Bhd‚ 3 of this company has disclosed the requirement of FRS 140‚ under paragraph 75. According to the FRS 140‚ para 75‚ an entity shall disclose: Criteria | Bonia | Cheetah | Padini | a) whether it applies the fair value
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it has access to very low cost natural gas compared to its competitor‚ which in turn‚ means a higher gross profit margin. 2) PCG is backed by PETRONAS group‚ which also owns other 4 PLC units: i) MISC Bhd ii) Petronas Dagangan Bhd iii) Petronas Gas Bhd iv) KLCC Property Holdings Bhd This shows a strong support and wide recognition for PCG for its better operations‚ management and resources with its vertical and horizontal integration. 3) 22 petrochemicals-related companies are being
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biggest accounting and corporate scandal in recent times in Malaysia‚ even likened to the accounting fiasco of Enron and Woldcom‚ although Ling is the Chairman of Transmile Group Bhd — the company which had overstated its revenue by RM530 million. According to a special audit carried out by Moores Rowland Risk Management Sdn. Bhd‚ Transmile made pre-tax losses of RM126 million and RM77 million for FY 2006 and FY 2005 ‚ respectively‚ instead of pre-tax profits of RM207 million and RM120 million as originally
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4.0 Reference List 1.0 Introduction This is a good perceptive article written by B.K. SIDHU‚ titled “Digi entry in mid-year may spark iphone price war” and was posted on 2 March 2010. It discussed about the launching of iphone by Digi. Com Bhd.‚ the Malaysian mobile phone company which was controlled by Norway’s Telenor and the price war on service and packages in the smartphone market. Digi thinks they will increase sales more than 5% this year because of the demand of iphone had been increasing
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1.0 INTRODUCTION 1.1 BACKGROUND Fiamma Holding Berhad (Fiamma) commenced its operations in a shop house in Johor Bharu in 1979‚ under Fiamma Sdn. Bhd‚ the first company of Fiamma Group. With only a stuff of five‚ the company marketed and distributed its own house brand of electrical home appliances in Malaysia under the name of ELBA & FABER. Despite is humble beginnings and small workforce‚ the company was big on ideas and growth plans. Within a short time‚ Fiamma expanded its activities
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knowing how exactly he should grow the money‚ Afiq Firash contacted his cousin (Rauf) who is an engineer with an oil and gas company in Sabah for advice. Without hesitation‚ Rauf suggested an IPO (initial public offering) of Felda Global Venture Holdings (FGVH)‚ which wass already opened for subscription since 31 May 2012. Right after the phone call‚ Rauf sent emails on some information about the company that he had collected for his own use. He told Afiq Firsah that he had submitted a subscription
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