Financial Management Assignment, UKM, Malaysia According to the SME Corporation Malaysia, SMEs are defined as firms with sales turnover not exceeding RM50 million
University | Universiti Kebangsaan Malaysia (UKM) |
Subject | Financial Management |
According to the SME Corporation Malaysia, SMEs are defined as firms with sales turnover not exceeding RM50 million OR number of full-time employees not exceeding 200 for the manufacturing sector, and sales turnover not exceeding RM20 million OR number of full-time employees not exceeding 75 for the services and other sectors.
The definition covers all sectors, namely services, manufacturing, agriculture, construction, and mining & quarrying.
SMEs must be entities registered with SSM or other equivalent bodies, and exclude publicly-listed companies, subsidiaries of MNCs, GLCs, MKDs, and state-owned enterprises.
SMEs are further classified into micro, small, and medium categories based on their sales turnover and number of full-time employees as shown in Table 1.
There are also other definitions of SMEs by different sources, such as Lembaga Hasil Dalam Negeri (LHDN), which defines SMEs as companies resident in Malaysia with a paid-up capital of RM2.5 million or less and not related to any company with paid-up capital of more than RM2.5 million.
Are You Searching Answer of this Question? Request Malaysian Writers to Write a plagiarism Free Copy for You.
Get Help By Expert
Seeking Reliable Online Assignment Assistance for Financial Management? Look no further! Assignment Helper MY offers top-notch support for Universiti Kebangsaan Malaysia (UKM) students. Our expert team of writers specializes in financial management, ensuring accurate and well-researched assignments tailored to your university's requirements. With our timely delivery and affordable prices, you can trust us to help you excel in your studies. You also acquire our skilled writers for FIN542 International Financial Management Assignment.
Recent Solved Questions
- Project Management Research Paper, CU, Malaysia Loyalty is one of the greatest intangible assets that any organization can possess and improving client loyalty
- Advanced Financial Management Assignment, UUM, Malaysia Show an excellent description and discussion of issues and material with evidence of critical evaluation of issues and material
- MGT555: Business Analytics Assignment, UiTM, Malaysia Refer to the Cell Phone survey dataset in Excel, it consists of items such as gender, type of cell phone, usage, carrier
- Organizational Behavior Home Work, USM, Malaysia Fact-finding and action-talking duties often polarize an individual and the entire group’s dynamics
- Family & Community in Early Childhood Essay, OUM, Malaysia Ms. Kate is the principal of Unitarian Preschool with 14 years of experience. She is invited to attend a parent-teacher
- BIT2133: Programming Concepts Course Work, UOC, Malaysia Students MUST keep a copy of all submitted work for reference purposes prior to the original being handed in and returned
- BAM7014: Accounting for Managers Case Study, MMU, Malaysia Gable Bhd is a construction company. They are now undergoing the annual audit for the year-end of December
- As a clinical psychologist, you find yourself grappling with a challenging case characterized: Clinical Psychology Course Work, IMU, Malaysia
- Macroeconomics Assignment, IUMW, Malaysia International Monetary Fund (IMF) in their October 2022 publication reported that global economic activity is experiencing
- XBMB3104: MICROBIOLOGY Assignment, OUM, Malaysia you are appointed to give a briefing on the tiers of recommended precautions to prevent the spread of infections in healthcare settings