Head,
Finance
Academic/Professional Qualification/Membership
- Association of Chartered Certified Accountants (United Kingdom)
- Also a chartered accountant of Malaysian Institute of Accountants, a fellow member of Association of Chartered Certified Accountants (United Kingdom) and ASEAN Chartered Professional Accountant
- Negotiate-to-Win Masterclass
- Business Leadership (University of Northumbria of Newcastle)
Skills & Experience
Wide working experience in Corporate Financing, Treasury, Accounting, Administration and Corporate Affairs covering full sets of accounts, tax, budget and Board of Directors’ matters. In addition, experience in quality improvement, establishing quality manual and procedures and lead and act as a management representative in ISO and OHSAS audit and certification.
Key Achievements
Adherence and compliance to highest rating of AAA for 10-year Sukuk consecutively since year 2010.
Early repayment of RM60 million loan resulting to a saving of RM5.6 mil to the company.
Incorporation of five wholly-owned subsidiaries as development and financing vehicles for new projects to ring-fence the holding company.
Capital restructuring by way of capitalisation of company’s retained earnings and increase its paid-up capital.
Develop most efficient financing structure and procurement of RM60 million 6-year Islamic term loan facility for development of Kota Iskandar Mosque with a low financing cost of 4.55% p.a.
Issuance of 10-year RM112 mil Sukuk Murabahah rated AAA by RAM. Structuring the Sukuk resulting to zero gearing at group level.
Negotiation with Ministry of Works and extension of concession periods from 30 to 45 years, an estimated total income of at least RM300 million to the company.
Restructuring and converting RM800 million commercial debts to Government Support Loan. Saving in financing cost from a floating rate of 10% – 15% to a fixed rate of 8% p.a. resulting to a saving of RM16 mil to RM56 mil p.a.