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IPO statistics from Securities Commission in Quarter 3’2007: it received 13 new IPO applications in Q3,almost double the seven received in Q2;the size of initial public offerings (IPOs) approved grew substantially in the third quarter (Q3). The potential market capitalisation of three IPO applications approved in Q3 amounted to RM2.41bil compared with RM414mil [...] This third part relates to some suggestions on KPIs that can be established when a company is conducting a cost awareness or effectiveness exercise. Some suggestions are: 1.Targeted Cost Reduction Each department tasked with identified suppliers/costs and % Y-O-Y tasked to reduce Key Performance (Cost) Indicators (KPI) Periodic Tracking and Review 2.Leverage on commonalization of [...] From Part 1,we can better understand the difference between a pure cost reductions/cuttings and cost awareness/effectiveness. This article attempts to relate how we can perform a cost awareness/effectives exercise: Some of the following steps might include the following: Drill in to find out WHERE does the company’s cost come from;Review critically all major [...] In earlier articles on the roles of finance,one of the more routine exercise is to review the company’s cost base with the objective of conducting costs cutting exercise to at least align to the revenue generated. However,a very interesting question arises before we can do anything on the costs. Are we performing a [...] In the KPMG Shareholder Value Award 2006,British American Tobacco (M) Bhd (BAT) has,for the fifth consecutive year,emerged as overall winner. Information and communications technology (ICT) companies JobStreet Corp Bhd and Uchi Technology Bhd grabbed the first and second runner-up spots respectively. Details: · ICT industry was the most highly represented with [...] |  FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach. | |||||
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