Corporate Planning for Kuala Lumpur City Securities Sdn. Bhd.
Kuala Lumpur City Securities Sdn Bhd ( KLCS ) had been using different strategies to achieve the desired profits since it commenced business in 1992. For the past 6 years many different plans had been used. InitialJy the company used trial and error method in order to achieve the desired profit,...
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| Format: | Thesis |
| Language: | English English |
| Published: |
1999
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| Subjects: | |
| Online Access: | http://psasir.upm.edu.my/id/eprint/7913/ http://psasir.upm.edu.my/id/eprint/7913/1/GSM_1999_23_.pdf |
| _version_ | 1848840726753837056 |
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| author | Yong, Wooi Kee |
| author_facet | Yong, Wooi Kee |
| author_sort | Yong, Wooi Kee |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Kuala Lumpur City Securities Sdn Bhd ( KLCS ) had been using different strategies to
achieve the desired profits since it commenced business in 1992. For the past 6 years
many different plans had been used. InitialJy the company used trial and error method in
order to achieve the desired profit, later Yearly Business Plans were being used by the
company.
Under the Yearly Business Plan, a few different plans might be implemented during a
year in order to achieve the planned profit. This was because plans were concentrated on
certain areas based on seasonal situations. When the situations changed, the plans became
ineffective and failed to achieve the desired profit. Then another plan was formulated
within a short time and then implemented in order to achieve the desired profit within the
remaining period. A lot of effort had been put in planning. However the planing was not
comprehensive and was short-term.
In the 1 997 financial crisis, there were several uncertainties in the whole business
environment and the company was totally lost for direction. There were two-transactions
done during that period and the transactions became overdue doubtful accounts now. The
doubtful account was too huge and it may wipe out all the profits made earlier or even
sink the whole company.
The shareholders came to know about the doubtful accounts and demanded the Board of
Directors to submit a comprehensive long-term plan in order to for them to have a clear
direction of the business within one month for the shareholders extra ordinary general
meeting's approval. |
| first_indexed | 2025-11-15T07:31:56Z |
| format | Thesis |
| id | upm-7913 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English English |
| last_indexed | 2025-11-15T07:31:56Z |
| publishDate | 1999 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-79132023-11-22T02:08:10Z http://psasir.upm.edu.my/id/eprint/7913/ Corporate Planning for Kuala Lumpur City Securities Sdn. Bhd. Yong, Wooi Kee Kuala Lumpur City Securities Sdn Bhd ( KLCS ) had been using different strategies to achieve the desired profits since it commenced business in 1992. For the past 6 years many different plans had been used. InitialJy the company used trial and error method in order to achieve the desired profit, later Yearly Business Plans were being used by the company. Under the Yearly Business Plan, a few different plans might be implemented during a year in order to achieve the planned profit. This was because plans were concentrated on certain areas based on seasonal situations. When the situations changed, the plans became ineffective and failed to achieve the desired profit. Then another plan was formulated within a short time and then implemented in order to achieve the desired profit within the remaining period. A lot of effort had been put in planning. However the planing was not comprehensive and was short-term. In the 1 997 financial crisis, there were several uncertainties in the whole business environment and the company was totally lost for direction. There were two-transactions done during that period and the transactions became overdue doubtful accounts now. The doubtful account was too huge and it may wipe out all the profits made earlier or even sink the whole company. The shareholders came to know about the doubtful accounts and demanded the Board of Directors to submit a comprehensive long-term plan in order to for them to have a clear direction of the business within one month for the shareholders extra ordinary general meeting's approval. 1999-01 Thesis NonPeerReviewed text en http://psasir.upm.edu.my/id/eprint/7913/1/GSM_1999_23_.pdf Yong, Wooi Kee (1999) Corporate Planning for Kuala Lumpur City Securities Sdn. Bhd. Masters thesis, Universiti Putra Malaysia. Kuala Lumpur City Securities Sdn. Bhd. Business planning - Malaysia. English |
| spellingShingle | Kuala Lumpur City Securities Sdn. Bhd. Business planning - Malaysia. Yong, Wooi Kee Corporate Planning for Kuala Lumpur City Securities Sdn. Bhd. |
| title | Corporate Planning for Kuala Lumpur City Securities Sdn. Bhd. |
| title_full | Corporate Planning for Kuala Lumpur City Securities Sdn. Bhd. |
| title_fullStr | Corporate Planning for Kuala Lumpur City Securities Sdn. Bhd. |
| title_full_unstemmed | Corporate Planning for Kuala Lumpur City Securities Sdn. Bhd. |
| title_short | Corporate Planning for Kuala Lumpur City Securities Sdn. Bhd. |
| title_sort | corporate planning for kuala lumpur city securities sdn. bhd. |
| topic | Kuala Lumpur City Securities Sdn. Bhd. Business planning - Malaysia. |
| url | http://psasir.upm.edu.my/id/eprint/7913/ http://psasir.upm.edu.my/id/eprint/7913/1/GSM_1999_23_.pdf |