Citation
Choong, Chee Yoong
(1997)
A Case Study: The Case of PPB Hartabina Sdn. Bhd.
[Project Paper Report]
Abstract
PPB Hartabina Sdn Bhd is a 100% subsidiary of Perlis Plantations Bhd. The latter is one
of the listed companies on the Kuala Lumpur Stock Exchange under the stable of
companies controlled by Kuok Bros. Sdn Bhd.
The case on PPB Hartabina Sdn Bhd is written with the intention to explore and review
into new direction(s) the company can undertake for its future expansion and growth. It
looks into the company's history, set-up, place and relationship in general with the group
of companies under the conglomerate of Perlis Plantations Bhd.
It is also written with the purpose of viewing the company from a distant and unattached,
hopefully fresh and revealing perspective as to the potential the company has.
In conclusion, the strategy for PPB Hartabina Sdn Bhd is as follows:
Priority 1 : To concentrate on its own property development especially the Phase 2
Residential Development Taman Segar,Cheras, Kuala Lumpur to generate the cash flow
and profits for future investments in land banks.Priority 2 : To develop the property management arm to ensure the various commercial
buildings and shopping complexes own by itself or the Pedis Plantations Group of
companies, are being maintained in high standard and, thus conserving and enhancing
their capital values.
Priority 3: On a lower priority, to provide project management services for the rest of the
associated and sister companies of the Group, as and when the need arises, though there
may be surplus staffing resources which may be not efficiently utilized during the
intermittent period.
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