Peluang usahawan Sabah (Agrobank)

Source From (Harian Metro): http://www.hmetro.com.my/myMetro/articles/PeluangusahawanSabah/Article/index_html

Published: 6 Jun 2012

    
LANCAR...Nor Mohamed (dua dari kiri)

bersalaman dengan Musa ketika 

merasmikan Jejak 2012 di Kota Kinabalu, 

semalam. 

 

USAHAWAN di Sabah seharusnya mengambil peluang keemasan dengan penyaluran peruntukan sebanyak RM100 juta daripada RM2 bilion Dana Mudah Cara Unit Peneraju Agenda Bumiputera (Teraju) untuk membiayai pelbagai inisiatif pembangunan di Koridor Pembangunan Sabah (SDC) bagi tahun 2012 dan 2013.
Peruntukan itu diumumkan Menteri Di Jabatan Perdana Menteri, Tan Sri Nor Mohamed Yakcop pada majlis pelancaran Jejak 2012 Pembangunan Ekonomi dan Pelaburan Sabah (Sedia) di Sutera Harbour Resort di Kota Kinabalu semalam.

Majlis itu dirasmikan Ketua Menteri Sabah, Datuk Seri Musa Aman.
Nor Mohamed berkata, Teraju melancarkan pusat sehenti ketiganya di Sabah untuk kemudahan usahawan di negeri itu.

“Pada majlis pelancaran hari ini (semalam) kita turut menyaksikan pembiayaan sebanyak RM30,000 setiap seorang oleh Agro Bank kepada kumpulan pertama usahawan asas tani tempatan di bawah syarikat Teras yang jumlah keseluruhannya sebanyak RM243,000.

“Turut diserahkan adalah bantuan Tabung Ekonomi Kumpulan Usia Niaga (Tekun) lebih RM13 juta kepada seramai 963 usahawan mikro di negeri ini,” katanya.

Beliau berkata, bagi memesatkan lagi pembangunan industri pelancongan, pihak Kementerian Pelancongan, Kebudayaan dan Alam Sekitar negeri menandatangani memorandum persefahaman dengan Teraju untuk kepentingan usahawan Bumiputera dalam sektor pelancongan negeri ini.

Sementara itu, Musa berkata, bagi kerajaan negeri, beliau amat mengalu-alukan kedatangan Teraju ke Sabah dalam usaha membuka lebih banyak peluang perniagaan, sekali gus meningkatkan ekonomi di negeri ini.

i-Aslah Mega kemudahan perbankan bijak

PRODUK pinjaman pembiayaan peribadi i-Aslah Mega, i-Aslah Plus; i-Aslah Prima, Bank Kerjasama Rakyat Malaysia Bhd menerima sambutan hebat sejak dilancarkan 1 Mei lalu. Pengurus cawangan Setapak, Amirullah Abdullah   berkata, i-Aslah Mega adalah produk pembiayaan peribadi berasaskan konsep Bai-Al’Inah.

Source From (Sinar Online): http://www.sinarharian.com.my/bisnes/i-aslah-mega-kemudahan-perbankan-bijak-1.53322
Published: 4 Jun 2012

Katanya, penambahbaikan pada produk itu termasuk tidak mengenakan yuran pemprosesan, memberi pilihan perlindungan insurans serta peluang mendapatkan pinjaman maksimum.

"Ia juga membolehkan pelanggan menikmati kadar  keuntungan serendah 3.25 peratus bagi tempoh antara satu hingga tiga tahun," katanya.
Bai-Al’Inah merujuk kepada penjualan sesebuah aset oleh bank kepada pelanggan menerusi pembayaran tertunda. Kemudian, bank akan membeli semua aset itu dan membayar pelanggan dalam bentuk tunai.

Nilai GDV RM9.2b - LTH

TH Properties Sdn Bhd (TH Properties) anak syarikat Lembaga Tabung Haji (LTH) yang membangunkan Bandar Enstek di Nilai Negeri Sembilan menganggarkan nilai pembangunan kasarnya (GDV) berjumlah RM9.2 billion apabila bandar itu siap sepenuhnya menjelang 2025.
Pengerusi Kumpulan TH Properties, Datuk Azizan Abd Rahman berkata, setakat ini pihaknya sudah membangunkan 30 peratus daripada kawasan seluas 2,071 hektar yang merangkumi empat komponen iaitu perumahan, komersial, institusi dan taman teknologi.

Source From (Harian Metro): http://www.hmetro.com.my/myMetro/articles/NilaiGDVRM9_2b/Article/index_html
Published: 2012/06/02

“Pembangunan kediaman di Bandar Enstek ditumpukan kepada rumah kediaman bercampur iaitu rumah berangkai, berkembar dan banglo di kawasan seluas 706 hektar. Setakat ini lebih dari 2,500 unit rumah bercampur dijual dan menjana pendapatan melebihi RM600 juta.
"Setakat ini sambutan terhadap projek perumahan kami sangat menggalakkan dan dijangka kawasan ini bakal didiami 150,000 penduduk menjelang 2025 berbanding ketika ini seramai 10,000 penduduk,” katanya.

Beliau berkata demikian pada majlis pecah tanah Pusat Islam berharga RM4 juta di Bandar Enstek yang disempurnakan Menteri di Jabatan Perdana Menteri, Datuk Seri Jamil Khir Baharom, baru-baru ini.

Turut hadir Pengerusi Jawatankuasa Pembangunan Luar Bandar, Hal Ehwal Pengguna dan Kemudahan Awam Negeri Sembilan, Datuk Hasim Rusdi.

Selain itu, hadir sama Pengerusi LTH, Tan Sri Abi Musa Asa’Ari Mohamed Nor dan Pengarah Urusan Kumpulan dan Ketua Pegawai Eksekutif LTH, Datuk Paduka Ismee Ismail serta Pengarah Urusan Kumpulan TH Properties, Datuk Roszali Othman.

Azizan berkata, produk kediaman terkini syarikat itu di bahagian timur bandar berkenaan ialah 124 unit rumah dua tingkat berkembar ‘Rembulan’ dan 119 unit rumah berangkai dua tingkat ‘Idalia’, yang ditawarkan pada harga dari RM283,900 hingga RM622,400 seunit.

Menurutnya, 350 unit tambahan terdiri daripada rumah banglo, rumah berkembar dan rumah berangkai dibangunkan di bahagian timur dalam tempoh terdekat selain membina dua buah sekolah rendah dan menengah.

Mengenai projek taman teknologi, beliau berkata, kawasan seluas 524 ekar itu menghimpunkan bilangan terbesar syarikat bioteknologi tempatan dan antarabangsa.

“Kami berusaha menambah nilai pulangan kepada pelabur sesuai dengan status Bandar Enstek sebagai Bandar Pinggiran Perdana KLIA yang menampilkan reka bentuk komtemporari dan memastikan kerja pembangunan di bandar ini dilaksanakan dengan lancar," katanya.

SME Bank's rejuvenation under Radzif continues

Source From (Business Times): http://www.btimes.com.my/Current_News/BTIMES/articles/Wnote/Article/

Published: 2012/06/02

TWO years ago, I sat opposite the man in a media interview, who was as calm as he is now. But this time around, the cautious expression is no longer there and Datuk Mohd Radzif Mohd Yunus appears more relaxed and cool.


Why wouldn't he? The first phase of SME Bank Bhd's restructuring exercise has been fruitful and the bank has returned to the black within two years.

For the man who engineered the bank's five-year transformation plan, the positive results from the hard work and team efforts over the past 24 months is like seeing the first flower to bloom in spring.

After two consecutive years of losses, the bank closed its 2011 financial year with a RM146.2 million profit before zakat and tax.

Its portfolio grew 8.7 per cent against 4.3 per cent in 2010, while loan approval has more than doubled to 1,380 from 635.

The bank's loan quality has improved, with weighted average risk rating of 4.7, compared with 5.0 a year ago.

It also recorded higher recovery income at RM42.8 million, up from RM32.8 million in 2010, while its bad loans dropped eight per cent to 16 per cent last year.

Yet, Radzif - the managing director of government-owned SME Bank - is not easily satisfied.

"We leave it to market expectation, but we will continue to improve to become a development financial institution of global standard," he said when asked if the public perception towards SME Bank had changed.

SME Bank, which was born following the rationalisation of Bank Pembangunan Malaysia Bhd and Bank Industri & Teknologi Malaysia Bhd seven years ago, had been receiving brickbats since 2009.

The bank was said to be plagued with delinquent loans, bad investment decisions and high staff turnover.

Radzif said based on feedbacks, the bank's improvements were noticed by the entrepreneurs and other stakeholders.

Despite the current global uncertainties following the eurozone crisis, Radzif is determined to ensure that the goals laid out in the bank's transformation plan are achieved by 2015.

SME Bank has now gone beyond providing financing to the SMEs, to being more pro-active with nurturing and intervention roles to assist entrepreneurs.

Rather than waiting for the SMEs to apply for financing, the bank identifies entrepreneurs that it can groom to be successful.

With about three years left before the end of SME Bank's transformation plan, will the bank be able to achieve its target?

Well, the answer may not be que sera sera because those who have seen Radzif's touch would have a strong faith in him.

For the man is not new to the reorganisation of government-owned entities, having successfully restructured the national heart centre IJN and also reorganised Pilgrims Fund subsidiaries.

A senior manager at SME Bank describes Radzif, who was in the banking sector in late 1980s until 1990s, as a very hardworking leader.

"This has motivated others to work hard as well," he said.

One thing for sure, the regular training for SME Bank's staff will continue as the bank strives to enhance the capabilities of its people and strengthen its business model.

PruBSN posts robust Q1 results

Source From (Business Times): http://www.blogger.com/PruBSN%20posts%20robust%20Q1%20results

Published: 2012/06/02

KUALA LUMPUR: Prudential BSN Takaful Bhd (PruBSN)'s annual contribution equivalent in the first quarter of 2012 increased by 28 per cent to RM63.1 million from RM49.2 million in the same quarter last year.

"I am pleased to announce a robust set of results for the first quarter of 2012, with all of our channels performing strongly and consistently," said its chief executive officer Azim Mithani.

The commendable performance, he noted, was a direct result of the company's key strategies, which included growing the number of its agents.

Azim said to date, PruBSN had a total of about 10,900 direct agents and Prudential Assurance agents, committed to serve its more than 300,000 customers nationwide.

The company also entered into a new bancatakaful relationship with Standard Chartered Saadiq Bhd to further broaden its distribution reach, he added.

"I am optimistic that we will be able to maintain our strong performance throughout 2012 with a continued focus on professionalism, customer service and product innovation," he said.

PruBSN, he added, would leverage on its strengths and build a wider distribution footprint for its products and services, as well as to further enhance its position as the market leader.

Moving forward, Azim said the company was constantly seeking alternative distribution channels while expanding its geographical presence across the country.

The company is also actively exploring technology and integrated advertising and brand promotion campaigns as new drivers of growth.

PNB and LTH to be among largest investors in listing of Felda Global Ventures

KUALA LUMPUR: Permodalan Nasional Bhd (PNB) and Lembaga Tabung Haji (LTH) will emerge the two largest cornerstone investors in the listing of Felda Global Ventures Holdings Bhd (FGVH) on the Main Market of Bursa Malaysia slated for June 28.

Source From (Harian Metro): http://biz.thestar.com.my/news/story.asp?file=/2012/6/1/business/11395657&sec=business
Published: Friday June 1, 2012

Felda chairman Tan Sri Isa Samad said both investment institutions would equally holds 7.5% stake each in FGVH.

“The total local cornerstone investors that also include the Employees Provident Fund, Kumpulan Wang Persaraan, the Armed Forces Fund Board among others would hold 19.8% stake in FGVH.

“This is in line of what the Prime Minister has reiterated that the listing would not just benefit the Felda settlers but also the general public.

 

Prime Minister Datuk Seri Najib Tun Razak launching the Felda Global Ventures Holdings Berhad. With him (2nd from right) is Isa. - THE STAR/KEVIN TAN

 

“As you know the shareholders of the these cornerstone investors are made up of various levels of the society,” he told reporters after the launch of the FGVH prospectus by Prime Minister Datuk Seri Najib Tun Razakyesterday.

FGVH, the world third largest oil palm plantation manager, will offer 2.188 billion shares with an indicative retail price of RM4.55 per share.

Assuming that the over-allotment option of 109.4 million shares is exercised, the IPO is expected to raise a gross proceed of RM10.5bil with market capitalisation of RM16.6bil.

The total shares offered represented 63% of the company enlarged capital of 3.65 billion shares of which 1.3 billion shares were by way of an offer for sale by Felda and 980 million shares through a public issue by FGVH.
A total 1.915 billion shares would be offered to institutions. FGVH is also offering 273.61 million shares to retail investors of which 200.6 million shares would be offered to eligilble Felda settlers and employees. There are also allocations for state governments representing about 10.84% of the enlarged share capital or 395.6 million shares.

The FGVH IPO is slated to be the largest in Asia this year and the second largest in the world after Facebook.

Malayan Banking Bhd and CIMB have been appointed to undertake the listing exercise, along with Morgan Stanley, JP Morgan and Deutsche Bank.

As for foreign cornerstone investors, Mohd Isa said the total would be less than 5% of FGVH shareholding.

Some of foreign institutions mentioned were Qatar Investment, Loius Dreyfous Commodities and Vitol Group.

Mohd Isa said FGVH was confident that the over-allotment option would be exercised at the IPO as it had received overwhelming response during the pre-IPO road tour.

On the expected performance of the IPO based on the sluggish external economic environment, CIMB Investment Bank Bhd chief executive officer Datuk Charon Wardini Mokhzani said the IPO was timely as investors were looking for a safe haven especially in the emerging markets because of the eurozone crisis.

“And FGVH could be considered a safe haven as it has good track record and assets supported by good prospects,” he said.

On pro-forma basis, FGVH made a profit after tax of over RM1bil on the back of RM7.5bil revenue last year that represented a compounded annual growth rate of 61% since 2009.

The company is involved in the production of palm oil, rubber, soy, canola, sugar and oleochemicals.