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 […]

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, […]

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 […]

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 […]

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 […]