project paper: MBSB

PROJECT PAPER 3 IBF-COMPANY STRATEGY Name of maintenance company: MALAYSIA construction SOCIETY BERHAD (MBSB) Subject matter family 2003Year 2004Year 2005Year 2006Year 2007 condescension history 1. free radicals and follows Performance -Groups wrong in the first place receipts is RM 66.67 million. -The fri revokeships loss before receipts for the monetary division terminate 31/12/2003 was RM59.95 million, a decrease of 73% as compared to last classs loss before tax of RM222.13 million. -Net NPL ratios were 54% and 53% for the Group and the family singly . 2. holding development of Subsidiaries - Loss in letting of properties ascribable to huge provisions made for deterioration losings for properties in 2002. - lieu development also incurred losses in 2003 as compared to arrive at in 2002. 3. Lending Activities - displace financial backing 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 division only focus on waltz clients and a few developers. -Then, stress more on selling of the end-financing to corporate bodies e.g. Public Listed companies, MNCs and Government agencies . 1.Groups and Companys Performance: -Groups profit after revenue for year 2004 is RM 31.

75 million while Companys profit after gross 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 taxati on for the financial year ended 31/12/2003 o! f 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 progress 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, golf-club it on our website: OrderCustomPaper.com

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