Working with HOMS Food Products Sdn Bhd and part time lecturer with UiTM Shah Alam in various subjects; Operations Management, Production Management, Banking Operations, Business, Islamic Banking, Islamic Finance, ....... PRACTITIONER THAT TEACH

Monday, February 28, 2011


What is PATMI?

A beginner investor asked: What is PATMI?

PATMI is short for profit after tax and minority interests.  Let's break this into two parts: (1) profit "after tax" and (2) profit "after minority interests".
Let's imagine there is a company called Company A and it has some subsidiaries. Company A and its subsidiaries are known together as a "group". When Company A reports "group" financial results for a period, it will consolidate the results of the subsidiaries as well.
The group "profit after tax" will be the "net profit" of the group. It is also known as the group's "attributable profit". If Company A does not own 100% of its subsidiaries, it means that third parties have "minority interests" in these subsidiaries and hence an interest in the group's attributablle profit. 

For accounting purpose, the group's "attributable profit'' comprises profit attributable to Company A's shareholders as well as profit attributable to the minority interests. To illustrate, let's say Company A reports a group attributable profit of $100 million and third parties have minority interests of  $10 million in the attributable profit. The profit attributable to shareholders of Company A is therefore $90 million, that is the difference betwen $100 million and $10 million. This $90 million is therefore known as profit after tax and minority interests or PATMI - meaning it is the net profit attributable to Company A's shareholders after apportioning for minority interests.

Thursday, February 24, 2011

25th feb 2011 - 15th years wedding anniversary

2011 -  90 minutes from now..........

25th Jan 1996 - 15th years ago at Manong, Kuala Kangsar

10th years later @ Langkawi

14th years celebration at Nexus Karambunai, Sabah.

Tuesday, February 22, 2011

Loan "oh" loan

CQC Region Selangor / NS - 1997
I still remember during the time when I was a Credit Quality Officer attached at Maybank Region Selangor and Negeri sembilan way bank in 1997-1999. My main task was to evaluate loan/financing put up by branch / business unit - from RM5k up to RM100 million. In a day, one officer needs to process 7 papers; fresh, renewal, temporary facilities etc.

To process commercial loan, per say RM25Million, you were given only 3 days. But if you have 7 papers a day- it mean that you have to read,understand the case within hours. Mind you, in a day, there is only 8 hours of official working time. Let say you doing at home for another 8 hours; total 16 hours divide by 7 papers = not more than 3 hours to recommend either the applicant to be approved / rejected.

But Alhamdulliah, experience is your best friend; Allah the almighty will help you if you seek His mercy! I believed that if I've done such a 'suck' recommendation such as current issue of "RM18 Million loan was approved without proper evaluation" - Maybank by now, will be part of history!

Tuesday, February 15, 2011

Clarification for group assignment FIN426

Each group has to come out with their own manual FIN426 (complete chapter 1 to 11). If your manual consist two chapters only (for example) - your maximum mark (if you get) will be = 2/11 X 10%= 1.8% only.

Sunday, February 13, 2011

Group Assignment for FIN426

  1. For info; as at 13/2/2011; there are 33 students in Group A; 34 in Group B & 30 in Group C.
  2. So, by then, there are: 7 groups of 4 members + 1 group of 5 members for GROUP A; 6 groups of 4 members + 2 groups of 5 members for GROUP B; 5 groups of 4 members + 2 group of 5 members for GROUP C.
  3. For group of 5 members - there shall be at least one MALE and not more than TWO.
  4. Take initiative to come out with list of groups.
  5. By 3rd seminar; no more issues on grouping. If you have problems, prepare the list of groups (one list per GROUP A, B & C) and we resolve in Seminar III.
  6. You better start doing your group Assignment now.

Friday, February 11, 2011

14th February 2011

National Fatwa Council had, in 2005, decreed that Muslims should refrain from celebrating Valentine's Day, as it was not part of Islamic practices.

Thursday, February 10, 2011

Memoir @ Stockholm 2007

How nice if could use bicycle to work; via the designated lane; and cool weather!
How nice when you were addresed by your name during the 11 hours flight from Arlanda To KLIA.
Sunday morning at the heart of Stockholm; only me and Mega.
Radisson Blu Royal Viking Hotel - a good place to stay in Stockholm. The 1st thing you see once you exit the train station.

Sunday, February 6, 2011

Konsert Keunggulan 33 tahun Francissca Peter @ Istana Budaya - 5th February 2011

The concert only started at 9.05pm although we have been in the hall since 8.10pm. However, a superb music arrangement by Dato haji Ramli M.S plus the powerful performance by Fran (& Roy) glued us to the seats until 11.45pm.

It has been 26 years since I listen to her songs and yet her voice remains unchanged. Fran; Thanx for the memory and it was our advance 15 years wedding anniversary celebration coming to 25th February 2011.

"Sejak kau wujud dalam hidupku
Semuanya telah terpadam
Bak bayangan yang indah di malam purnama
Ditelan mentari pagi

Apa disentuh sejarah dulu
Hanya menyakit hati sendiri
Telah ditemukan kita berdua
Engkaulah sinar hidupku"

Tuesday, February 1, 2011

MGT153 - TEST 1 is on 17Th FEB 2011

Due to UiTM's Academic Conference of which to be held on 10th to 12th February 2011 and a public holiday on 15th February 2011 (Maulidur Rasul)  - your Test 1 will only be held on 17th February 2011.

Get ready with your group (trio) - to answer three questions......

Konferensi Akademik UiTM 2011 - Semua kuliah (MGT530 & MGT153) pada 10 hingga 12 Februari 2011 adalah ditangguhkan

Please take note:

Y.Bhg. Dato’/Datuk/Datin/Profesor/Tuan/Puan


Dengan segala hormatnya perkara di atas adalah dirujuk.

2. Sukacita dimaklumkan Bahagian Hal Ehwal Akademik akan menganjurkan Konferensi Akademik UiTM 2011 yang bertemakan MENJUARAI KECEMERLANGAN UNIVERSITI yang akan dianjurkan bersama Program Amanat Tahun Baru Naib Canselor UiTM 2011. Butiran konferensi ini adalah seperti berikut:

Tarikh : 10 hingga 12 Februari 2011

Tempat : Dewan Agong Tuanku Canselor (DATC)
Universiti Teknologi MARA
Shah Alam

3. Semua staf akademik dan pentadbiran (Gred N27 ke atas) di kampus Shah Alam, kampus Puncak Alam dan kampus Puncak Perdana diwajibkan menghadiri Konferensi Akademik tersebut.  Oleh itu, semua kuliah pada 10 hingga 12 Februari 2011 adalah ditangguhkan bagi memastikan semua yang terlibat dapat memberi komitmen sepenuhnya.
4. Surat jemputan rasmi akan menyusul kemudian.  Disertakan juga aturcara program untuk makluman Y.Bhg. Dato’/Datuk/Datin/Profesor/Tuan/Puan selanjutnya.
Sekian, harap maklum.

(See attached file: Aturcara Program - as at 250111.docx)
    Prof Dr Azni Zain Ahmed Deputy Vice Chancellor (Academic & International) Universiti Teknologi MARA 40450 Shah Alam MALAYSIA Tel : 603 5544 2233 Fax: 603 5544 3210

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