Archive for August, 2007
AmFirst REIT To Buy The Summit Subang USJ For RM260m
AmFirst Real Estate Investment Trust (AmFirst REIT) has proposed to acquire Meda Inc Bhd’s mixed commercial development, The Summit Subang USJ, for RM260mil in cash. The proposed acquisition would include:
Menara Summit,The Summit Hotel and a six-storey retail podium,
This acquisition would be funded with bank borrowing and/or equity, the company.
it is expected to provide unit [...]
August 31, 2007
Posted in: Activity-Based Costing 
One Comment
Two Projects To Be Injected Into Quill Capita Trust
The Quill Group of Companies is likely to inject two development projects it is undertaking in
Klang
Valley into its real estate investment trust (Reit), Quill Capita Trust (QCT). The two projects are:
HSBC’s new headquarters in Kuala Lumpur (Quill Group recently signed a long-term lease with HSBC to develop, design and build the bank’s headquarters, [...]
August 30, 2007
Posted in: Activity-Based Costing One Comment
Competitive Intelligence Checklist
In earlier articles, I mentioned about Finance’s role as a business partner to other operating managers in terms of performing financial reviews of your competitors.
In this article, we’ll review to what degree your Company fares in terms of Competitive Intelligence. The following questions are set to test:
Risk identification
Risk monitoring
Management actions
Checklist – Questions
Yes/No
1
Does your company collect information on [...]
August 29, 2007
Posted in: Risk Management No Comments
Accreditation From Professional Accounting Bodies as Approved Employer
Sometimes, as a Head of Finance who has a big accounting team and wishes to move the finance team forward, you might be confronted with the challenge of how to nurture young accounting professionals to better understand and execute the finance team’s medium to long term strategies, and of course, to retain these professionals.
So [...]
August 21, 2007
Tags: FINANCE ROLE Posted in: Finance Role/KPA/KPI No Comments
Implement Procurement System/Process To Save Costs
As accountants, if we want to be cost effective, one area to look out is the purchasing side, hence the need to seriously consider any implementation of procurements system/processess whether it is e-procurement, conventional, open and or closed tendering concept.
In The Star Malaysia, group chief executive officer Datuk Abdul Wahid Omar of Telekom Malaysia Bhd (one of the government [...]
August 21, 2007
Posted in: Financial Operations No Comments
Human Capital Risks Major Threat To Firms
When risk management is concerned, we tend to look at insurance, physical security, and etc. as the major component of risk. However, it seems that the Economist Intelligence Unit’s (EIU) latest survey revealed the following:
“ human capital risks such as skills shortage, succession issues and the loss of key personnel were seen by respondents [...]
August 8, 2007
Posted in: Risk Management No Comments
Vision City Likely To Be In Quill Capital Trust
Vision City, the integrated development project, could possibly be injected into Bursa Malaysia-listed Quill Capital Trust (QCT) on its completion in 2010 by the Quill Group of Companies (Quill group). Quill Retail Malls Sdn Bhd, a subsidiary of Quill group, on Monday signed an agreement with Rashid Hussain Bhd to acquire the uncompleted project at Jalan [...]
August 7, 2007
Posted in: Activity-Based Costing No Comments
