Friday, April 24, 2020

Tan Sri Syed Mokhtar Al-Bukhary free essay sample

Tan Sri Syed Mokhtar achieved. Last but not least, I would like to conclude my assignment by providing a conclusion which integrates some recommendations (own opinions). . 0) Background of Tan Sri Syed Mokhtar A1-Bukhari: When people talk about Tan Sri Mokhtar A1-Bukhari, they are almost relate him as ne of the richest Malay people and successful entrepreneurs which with a heart of generous and philanthropic in Malaysia. Syed Mokthar al-Nukhary was coming from a mid-low class family of Hadhrami Arab descent in north of Peninsular Malaysia which is Kedah. His higher education only until form 5 levels and cause him could not further his education to college or university. It was because his family condition had forced him to stop continuing his education but to help his family by doing odd job . He was helping his father to breed the cows. Besides, he helped his father to ell roti canai and vegetables before his class early in the morning. We will write a custom essay sample on Tan Sri Syed Mokhtar Al-Bukhary or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 3. 0) Business from the beginning to the success: 3. 1) Earlier stage: The mediocre-to poor background of Tan Sri Syed Mokhtar al Bukhary forced him had to step into the working world earlier than other people who at the same age. After graduated from his secondary school, he used to do some small business by selling some convenience goods to his neighborhoods. After gaining some incomes, he and his father try to move on another stage which they imported cow from Thailand and sell meats domestically. He contributed all of his efforts by helping his father in breeding cow business. However, the business was not surviving longer as the business washed away by foot and mouth disease. Tan Sri Syed Mokhtar had not given up himself, but he quickly shifted to another sector of business. He moved to expand into the logistics business, with initial goal to transport their trading materials. 3. ) The Empire story of Tan Sri Syed Mokhtar: After the stormy faced by Tan Sri Syed Mokhtar, he started to begin his business in another areas. In year 1990s, he involved himself in the business of rice dealing in Johor. His rice trading business was very success after awarded the rice trading licenses from Lembaga Padi Negara and the successions of supplier contract government-linked corporations. Today, he has expanded its business to different sectors such a s plantation, property development, construction, engineering, power generation, infrastructure and ports. Times after times, its businesses are become healthier and stronger. Nowadays, Tan Sri Syed Mokhtar has become one of the most prominent Malaysia entrepreneurs. He holds a share in Mining Corporation Berhad (MMC), Bernas, Malakoff Berhad, Johor Port Berhad, Impian Teladan Sdn Bhd nd many more others. Currently, Tan Sri Sted Mokhtars success also could be seen when he acquired 90% ownership of Seaport Terminal Oohor) Sdn. Bhd. in 1993. He was conferred a big project by government which with 30-year concession to build and operate the Port of TanJung Pelepas (PTP). The successful of the project made him to be praised and gained the majority shares. Moreover, the PTP is increasing it popularity and flourish in the southern Peninsular Malaysia because of the capability of Tan Sri Syed Mokhtar to manage the port in condition. For an example, PTP was ery succeeded to invite Taiwan Evergreen Marine Corporation, one of the worlds major shipping companies to shift its container operations from Singapore to PTP. This move has greatly enhanced the economic of Malaysia, and governments efforts in the shipping industry by develop more modern and world-class ports in this region. Today, Tan Sri Syed Mokhtar is symbolized as a generation of the Malay corporate fgures who is capable in leading a number of business conglomerates. According to the latest top 10 richest people in Malaysia, Tan Sri Syed Mokhtar ranks he seventh richest man on the list who with RM 6. 01 billion of property (Kampung BOY, 2010) the society: Although Tan Sri Syed Mokhtar is a very rich and outstanding tycoon, but he never act as an illiberality person. This attitude of him was instilling by his parents from his young. His mother advised him to offer part of his money to poor and needy.