FOR A LIGHT BULB INVESTOR
Client
Seng Hup Holdings
Products & Services
- Turn Around Plan
- Financial Modelling
Description of Project
Client
Seng Hup Holdings Sdn. Bhd. is the leading supplier and retailer of architectural, commercial, landscape, facade and decorative lighting in Malaysia.
Starting from a humble beginning in 1960 as Seng Hup Electric Co. Sdn. Bhd., the company has grown steadily over the years, to its current position in the lighting industry.
To-date. Seng Hup Holdings Sdn. Bhd. has a nationwide network of 9 retail chain stores located strategically.
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Background
The client was recently taken over by another group and the new owner is desirous to undertake a turnaround plan that would resolve some of the financial shortfall in the operation.
Challenges & Expectations
In view of the high OPEX and capital requirement for the operating activities, the client foresee a turnaround plan for the business would require substantial capital. Hence, there is a need to develop a funding programme to address the financing gaps.
Our Role on the Project
Scope of Services
- Review the business operation and develop a sustainable business plan
- Strategic advisory on interim investment & funding options
- Assist in the implementation for strategic change
Solutions / Outcomes Delivered
- Recommended strategic transformation areas in various operating units and corporate structure
- Developed a corporate level financial model for better visibility of the financial commitment and cash flow status
- Recommended several funding strategy and evaluation on the options impact
- Advised on the implementation strategy for strategic change including the setting up of war room, monitoring & reporting toolkits, as well as continuous improvement mechanism for value optimization.
