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Major Reasons For Companies/Firms to Fail Extracted from Bursa Saham Malaysia,the total PN 17 companies/firms: (List updated as at 13 July 2010) ARK RESOURCES BHD 1 AKN TECHNOLOGY BERHAD 2 AXIS INCORPORATED BERHAD 2 EVERMASTER GROUP BERHAD 2 FOUNTAIN VIEW DEVELOPMENT BERHAD 3 HAISAN RESOURCES BERHAD 3 HO HUP CONSTRUCTION BERHAD 2 [...] Zhulian Corp Bhd,a public listed direct selling company has proposed: • A one-for-three bonus issue of 115 million shares of 50 cents each • As at 30 th April 2010,Zhulian’s issued and paid-up capital stood at Rm172.5mil comprising 345 million shares and with the proposed bonus issue enlarging the issued and paid-up capital [...] Conventional FD vs Placing into Tax Exempt Fund to increase interest yield One of the way we can increase the net interest yield of our company’s surplus cash fund is to place them under a tax exempt fund of a professional run investment management company. The logic is simple as the tax exempt fund is [...] Group treasurer job and job description
Normally a group treasurer job includes some of the following: Ensure existing treasury procedures comply with group Head Office Cash flow management:cash forecast or projections Placement and investment policy Foreign exchange management:mitigation FX risk Minimize borrowings cost and ensure availability of correct quantum [...] |  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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