H & H GOODWILL SDN. BHD.

(Company No.:909492 K)
Incorporated in Malaysia

REPORT AND FINANCIAL STATEMENTS

31 DECEMBER 2011

Company No.: 909492 - K

H & H GOODWILL SDN. BHD.

(Incorporated in Malaysia)

CONTENTS

Particulars
page
Corporate Information
Directors Report

i
1-4

Statement by Directors

Statutory Declaration

Independent Auditors Report to The Members

6-7

Balance Sheet

Income Statement

Statement of Changes in Equity

10

Cash Flow Statement

11

Notes to the Financial Statements

sna / msa

12 - 19

CORPORATE INFORMATION

BOARD OF DIRECTORS
NORAZELA BINTI HAMZAH
SHAKILA BINTI ABD RAHMAN
SECRETARY
RIZAL HAFIZ BIN RUSLAN
REGISTERED OFFICE
1-10-03, Jalan Lazuardi 7/29,
Worldwide@7, Section 7,
40000 Shah Alam,
Selangor
PRINCIPAL PLACE OF BUSINESS
No 9138-G, Jalan Bandar 4,
Taman Melawati, Ulu Kelang
53100 Kuala Lumpur
AUDITORS
KUZAIMI & CO (AF 1492)
Chartered Accountants
PRINCIPAL BANKER
CIMB ISLAMIC BANK BERHAD
Taman Melawati, Kuala Lumpur

DIRECTORS REPORT
The Directors hereby submit their report together with the audited financial statements of the
Company for the financial period from 27 July 2010 (Date of Incorporation) to 31 December
2011.

PRINCIPAL ACTIVITIES
The principal activities of the Company are to carry on a business as restaurant operator and
food and beverage related business.
There have been no significant changes in the nature of these activities during the financial
period.

FINANCIAL RESULTS

DIVIDENDS
No dividends have been paid or declared by the Company since the date of incorporation
and the Directors do not recommend any dividend payment in respect of the current financial
period.

RESERVES AND PROVISIONS

There were no material transfers to or from reserves or provisions during the financial period
under review.

ISSUE OF SHARES AND DEBENTURES

The Company was incorporated with an authorised share capital of RM100,000 consisting of
100,000 Ordinary Shares of RM1 each and fully paid-up share capital of RM2 consisting of 2
Ordinary Shares of RM1 each for cash.
During the financial period, the Company has increased its paid up share capital from RM2
to RM100,000 by the issue of 99,998 ordinary shares of RM1 each to finance working
capital. The newly issued shares rank pari-passu with their existing shares of the Company.

B.

OBJEKTIF DAN SKOP

Semakan Audit ini adalah meliputi perkara-perkara berikut :

a. Semakan berkenaan aktiviti Hub Wilayah :i.
Memantau, menyemak dan menganalisa keberkesanan fungsi-fungsi hub.
ii.
Mengenalpasti keperluan hub sebagaimana memenuhi fungsi-fungsi hub tersebut.
iii.
Lain-lain perkara yang berkaitan.
C.

PANDANGAN AUDIT

Berdasarkan semakan yang dilakukan pada 18 Julai 2012 berikut merupakan risiko operasi
yang berkaitan dengan Hub Wilayah Tengah :
i.

Risiko Operasi

a) Fungsi-fungsi Hub Wilayah perlu berfungsi dengan sepenuhnya sebagaimana

keperluan unit/jabatan tersebut diwujudkan.
Hasil semakan dan temubual yang dilakukan audit berpendapat di antara fungsifungsi hub yang perlu diperkembangkan lagi seperti kelulusan pembiayaan bagi
jumlah-jumlah tertentu yang difikirkan sesuai bagi pengeluaran pembiayaan
cawangan-cawangan seliaan dan fungsi-fungsi yang bersangkutan dengan
pentadbiran dan pembayaran tuntutan tertentu oleh cawangan-cawangan
seliaan e.g pembelian alatan komputer & kos pembaikan boleh dibuat pembayaran
oleh pihak Hub.
Selain itu, dari segi penilaian prestasi cawangan pula pihak Hub Wilayah boleh
membuat pemantauan dari segi prestasi tersebut boleh digunakan dalam penilaian
prestasi cawangan-cawangan seliaan bagi menentukan kedudukan ranking terbaik
dikalangan cawangan seliaan dan boleh dikemukakan kepada Bahagian Operasi dan
Perbankan supaya penambahbaikan boleh dibuat dengan berkesan agar cawangan
sentiasa berada dalam keadaan baik dan memuaskan.