Chapter12: One More Time.........

Year 2005 is bad year for SKALI because they have got 36 project simultaneously.it is because they not have enough employee to handle that's project and it's take highest cost.Malaysian Debt ventures was helping for them to get finance but they still have a problem to finance day-to-day operations.After doing annual strategic planning exercise,they have got solution for all problems and 2007 is a year to be focused for profit.They were studying the book "Good to Great" by Jim Collins and adopted his Hedgehog Concept to help them understand themselves and follow several factors.First factor was archived during 2005 and brought them outcome of was the Brand Onion.Using "Hedgehog" concept,they was know what they needed to do and what they do not need to do.The strategies they undertook were1. Break up the company into four main divisions2. Enhance MEB Business3. Refocus SEV – SKALI E-Ventures4. Promote a new management- Enhance the foundation of EBS project implementation.- Better cash flow operations- Cut cost like there’s no tomorrowSKALI was became a better company after they go through from many obstruction and return to thier focus to list SKALI on Mesdaq.They have achieved 82% from their profit target.Unfortunately,several employee was left SKALI because they could not take the heat of the revamp and cost cutting.However,It's make a strong culture of banding together through good and bad times for at SKALI and only the true Skalians were stayed.

Chapter11: Preparing For Listing

In this chapter, it was a story about the aim of Skali to be listed in Masdeq(Bursa Malaysia). With big improvement of company income, Skali earned their own profit for the first time in year 2002. As a good technopreneur, continuous effort is one of the key to success.In year 2003, economic crisis also gave a bad effect to Skali where the economic environment was slow. However, it was a safe condition for Skali when the better quality contract was on its hand. Skali became stable whether the condition for the other company was in critical lead to economy crisis at that time, because of its sustainable income.When a company getting listed, it is a big responsibility to show the other investors that Skali was qualified to be in the position. RnD was the aspect that influence improvement of Skali, so it concern to that for improving the business. Technology always changing so Skali must working towards. in the RnD project, focussed on training the programmers in order to increase their technical skills. this was a valuable assets to Skali as an IT company that compete with other competitors.Besides that, advertisement and promotion was another area that was expanded. The activity included printing bookmark, calendar and distribute brochure during expo and fair,issued press release, gave media interviews and hold events to generate free publicity in the newspapers.For the next step to become a listed company Skali was invited a few merchant bankers to be its lead advisor for the listing and CIMB was choose for that purpose.Cost provided for those process was around RM2million for professional and regulator fees. and to prove Skali had qualification for that purpose, and the new business plan must had realistic projection that must be substantied by previous performance.Internally, Skali also had a lot of housekeeping work. Skali had to make new arranging for centralize the division.This was important for making the investors clear with the real status of Skali.

Gunung Mulu National

Sarawak’s Gunung Mulu National Park is situated about 100km east of Miri town and covers an area of 544 square kilometers. Within the park, there are three massifs - Gunung Mulu, a sandstone missif, Gunung Api and Gunung Benarat, the limestone massifs. The National Park is immensely rich in plants and animals. A staggering 2,000 species of flowering plants including new species have been identified and it is estimated that the park contains at least 3,500 plant species. Approximately 20,000 animal species are also found there. Although the majority are insects, there are 60 mammal species, 262 birds, 23 lizards and toads.

Gunung Mulu National Park was declared a World Heritage Site by the World Heritage Committee in December 2000. It now joins the same rank as Kinabalu National Park in Sabah and 128 other sites in the world which have been accorded this status. Somes of these other sites include the Yellowstone, Everglade and the Grand Canyon National Parks in the United States, Mount Everest in Nepal and Galapagos Island of Ecuador.

Gunung Mulu National Park is an example which shows major changes in the Earth’s history. It also has ongoing development in the ecosystems and the communities of plants and animals. From the view of science of conservation, it contains the most important natural habitats for theatened species that are valued universally. In addition, it contains areas of exceptional natural beauty. In this region, the only other site nearest to Malaysia that meets all criteria is the Great Barrier Reef in Queensland, Australia.