PROJECT PAPER 3 IBF-COMPANY STRATEGY
Name of keep company: MALAYSIA construction SOCIETY BERHAD (MBSB)
Subject matter family 2003Year 2004Year 2005Year 2006Year 2007
Business history
1. free radicals and follows Performance
-Groups wrong before receipts is RM 66.67 million.
-The Companys loss before receipts for the monetary year terminate 31/12/2003 was RM59.95 million, a decrease of 73% as compared to last years loss before tax of RM222.13 million.
-Net NPL ratios were 54% and 53% for the Group and the Company respectively .
2. holding development of Subsidiaries
- Loss in letting of properties due to huge provisions made for deterioration losings for properties in 2002.
- Property development also incurred losses in 2003 as compared to arrive at in 2002.
3. Lending Activities
- displace financing is MBSBs most significant area of business.
- provider of end financing to
the EPF contributors and purchasers of low cost houses built by Syarikat Perumahan Negara Berhad (SPNB)
- At beginning of year only focus on walk-in clients and a few developers.
-Then, stress more on marketing of the end-financing to corporate bodies e.g. Public Listed companies, MNCs and
Government agencies .
1.Groups and Companys Performance:
-Groups profit after taxation for year 2004 is RM 31.
75 million while Companys profit after taxation is RM 37.685 million.
-The Companys profit after taxation for the financial year ended 31/12/2004 was RM37.685 million compared to a loss after
taxation for the financial year ended 31/12/2003 of RM59.953
million.
2. Property development of Subsidiaries
- Subsidiaries involved in property development incurred a lower loss in 2004 compared to 2003.
3. Lending Activities
- Huge overture in approved loans by 288.3% from RM317 million in
the year 2003 to RM1.7 one million million million in the year 2004 .
-The Groups loan
assets and deposits from customers increased by 17% and 82%...If you want to get a beneficial essay, order it on our website: Orderessay
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