LETTER OF SUBMISSION

1
LETTER Of SUBMISSION

Diploma in Building
Faculty of Architecture, Planning and Surveying
Universiti Teknologi MARA Perak
Seri Iskandar Campus
32610 Seri Iskandar
Perak

21st May 2018

Mrs. Nasriah Binti Ismail

Lecturer of Fundamentals of Entrepreneurship
(ENT300) Faculty of Architecture, Planning and
Surveying
Universiti Teknologi MARA Perak
32610 Seri Iskandar
Perak

Madam,

Submission of the Business Plan (ENT 300)

Attach is the business plan title AUTOMATED WINDOW by ROYAL GLAZE

SDN BHD to fulfill the requirements as needed as university requirements.

Below is the list of the group members that is involved in completing this business
plan:

MUHAMMAD ANAS BIN ISMAIL 2016618286

NOOR SAFIZAH BINTI ROSWAN 2016618028
NUR AINA ABIDAH BINTI MOHD HAMDAN 2016454822
NUR DEANNA SYAZWANIE BINTI RIDZUAN 2016618058
WAN ARIF BUKHARI BIN CHE WAN AZIZAN 2016618148

Thank you,

Yours

sincerely

…………………………………………………..
(NUR AINA ABIDAH BINTI MOHD HAMDAN)
General Manager
2
ACKNOWLEDGEMENT

3
ACKNOWLEDGEMENT

First and foremost, we would like to praise our highest gratitude to The
Almighty that has bring easiness for our task to be completed in the meantime with
flying color. Without His permission, not just we are unable to complete our task, the
brilliant idea of ours will not sparks with this behaviour. Alhamdulillah.

Before the list goes on, we would like to honour our lecturer, Mrs. Nasriah
Binti Ismail. She has been so lovely yet strict as her method of teaching. As a matter
of fact, we start this semester trying our best to cope with ENT 300 subject, best
related to a white blank paper. It was her that put colours of knowledge into our blank
mind. The colour might be the particularly same as other lecturers may have, but the
way she paints us, is outstanding and unique. She might go hard but there is breeze
of wind to smoothen us. She will never leave behind even one student behind. She
will ask randomly to enhance our focus which is vital for our future. She knows what
best for us students as we are whining about keep being asked out of our conscious.
We have gone this far but her teaching is all we desire for. Thank you, Mrs. Nasriah,
for being the most wonderful lecturer and artist that created masterpiece that will
brighten the colour of the world as Jackson Pollock does.

Family is everything they said. You might have meet infamous people and
settle down with them but will never has the feeling of home. Family is the one that
never turn their back on you, instead they constantly got our back. For our family
back in hometown, you all have been amazing, and we would like to bring our
thankfulness for all your endless support. We would never made it if not because of
the courageous you all have sent. Credits also meant for all the peoples that has
cooperated with full commitment. This includes which we had interviewed, that has
done our surveys and our tour guide during our visits. Not forgotten, our classmates
that being very supportive. They had their trust with full heart contempt. We will
never able to repay what they did as all we ever thought is God bless you all.

Lastly, all of our respective group members. Every single one of you had been
amazing. There is no word to describe how this group cooperative ethics and
teamwork value has keep us going this far together. The lady boss, Nur Aina Abidah
Binti Mohd Hamdan who has been spectacular as our leader. Like a nucleus in a
single cell, she drives all of us. Next is the technical master, Muhammad Anas Bin
4
Ismail, whom we admire his tool hands. Its like anything he touches seems electrified
to function very well. Then here is our marketing missy, Noor Safizah Binti Roswan.
Everything she said seems like hypnotic wheel that will lure your mind to be
interested in what she has to say. Not as much as she is the most hype person in
our group. Furthermore, the one that her behavioral in financing is outstanding that is
Nur Deanna Syazwanie Binti Ridzuan. How does our attainance grow in positive
number if not because of her financial plans. Finally, the mastermind of
administration, Wan Arif Bukhari Bin Che Wan Azizan who has everything sorted in
order our groups work went smoothly. His efficacy and relevance has put our groups
together.

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TABLE OF CONTENTS

6
LETTER OF SUBMISSION 1-2

ACKNOWLEDGEMENT 3-5

TABLE OF CONTENTS 6-8

EXECUTIVE SUMMARY 9-10

1. INTRODUCTION
1.1 Name of business
1.2 Nature of business
1.3 Industry profile 11-12
1.4 Location of the business
1.5 Date of business commencement
1.6 Factors in selecting the proposed
1.7 Future prospects of the business
2. PURPOSE
2.1 To evaluate the project viability and growth potential
2.2 To apply for loans or financing facilities from the
relevant financial institutions 13-14
2.3 To act as a guideline for the management of the
proposed business
2.4 To allocate business resources effectively
3. BUSINESS BACKGROUND
3.1 Vision and Mission 15-17
3.2 Organizational chart
3.3 Logo and Motto
4. BACKGROUND OF PARTNERSHIPS
4.1 General manager
4.2 Administration manager 18-23
4.3 Marketing manager
4.4 Operation manager
4.5 Financial manager
5. LOCATION OF BUSINESS
5.1 Physical location of the project 24-26
5.2 Building
5.3 Basic amenities
6. MARKETING PLAN
6.1 Marketing objectives
6.2 Description of products
6.3 Target market
6.4 Market size
6.5 Market share
6.6 Sales forecast 27-37
6.7 Market strategy
6.8 Organization chart of marketing department
6.9 Manpower planning
6.10 Schedule of task and responsibilities
6.11 Schedule of remuneration
6.12 Marketing budget

7
 7. OPERATIONAL PLAN
7.1 Component of operating systems
7.2 Process planning for manufacturing
7.3 Operations layout
7.4 Production planning
7.5 Material planning
7.6 Machine and equipment planning
7.7 Manpower planning 38-57
7.8 Overhead requirement
7.9 Total operations cost
7.10 Cost per unit
7.11 Productivity index
7.12 Location plan
7.13 Business and operation hours
7.14 Operations budget
8. ADMINISTRATION PLAN
8.1 Organizational chart
8.2 Manpower planning
8.3 Schedule of task and responsibilities 58-67
8.4 Schedule of remuneration
8.5 Office furniture, fitting and office supplies
8.6 Administration budget
9. FINANCIAL PLAN
9.1 Operating budget
9.2 Project implementation cost and sources of finance
9.3 Fixed asset depreciation schedule
9.4 Loan and hire purchase depreciation schedule 68-83
9.5 Proforma cashflow statement
9.6 Proforma income statement
9.7 Proforma balance sheet
9.8 Financial ratio analysis

APPENDICES 86-88

PARTNERSHIP AGREEMENT 89-100

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EXECUTIVE SUMMARY

9
EXECUTIVE SUMMARY

Royal glaze is a significant window manufacturer that founded in Malaysia.

Luxury and functional is the main idea that sparks our company. The company
officially is alive on 1 st January 2019. Based on Seri Iskandar, Perak, Royal Glaze
has authorized its type of business as in partnership strategy. The company name
itself was discovered by the idea of members meeting. Our company is well-planned
as the business’s location is tagged in strategic industrial area that will clutch our
target market which is developers, contractors and private residential.

Automated window is a brand-new line of household features that is

technically found by a group of motivated students that would like to join the rapid
growth of construction technology. We like to bring futuristic value compatible with
current developments around us. The time has come where younger generations to
replace millennials for them to live with a better and more functional life event. In
accordance to that, we are alighting the layout of assemblement by using IBS. The
assemblement of the automated window will be fully operated in factories based on
the customization from our clients. Plus, we will surely get most of the developer’s
attention because they surely want their projects to be done in meantime. In
accordance to that, we made their works way much faster and more convenient.

Lastly, we have a long-term target to make the most of our products to be

known all around the globe. We are driven to ensure our company runs smoothly.
We will be very proud to highlights the name of our beloved country, Malaysia,
concomitant as developed country such as Japan and USA.

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INTRODUCTION

11
1. Introduction

1.1 Name of the business

The name of the business is Royal Glaze. Royal glaze have been chosen
because “Royal” symbolize luxury while the word “Glaze” represent
windows that is produce by the company.

1.2 Nature of the business

Royal Glaze is a manufacturing business. Royal Glaze produce a smart-
window for people who is concerned by the futuristic values that had been
offered.

1.3 Industry profile

Worldwide demand for windows and doors of all materials is expected to
grow by 4.5% per year through 2021, reaching annual sales of $214
billion, according to the Freedonia Group. Sales of windows made of
plastic are expected to grow faster than products made from other
materials, including wood. Through 2021, China and the US together will
account for 65% of global sales growth. Increased construction spending
for commercial and office buildings will drive demand in China, while
housing is expected to spur window and door demand in the US. The US
wood window and door manufacturing industry includes about 1,000
companies with combined annual revenue of about $12 billion.

1.4 Location of the Business.

The office of Royal Glaze is located at Taman Falim Indah, Ipoh, Perak
while the factory used to produce the window is located at 23-A Jalan sms
1, Kawasan Perindustrian Rawang Perdana, Rawang Perdana Seksyen
19, 48000 Rawang, Selangor Darul Ehsan.

1.5 Date of business commencement

The date of business commencement is on 1st January 2019.

1.6 Factor in selecting the proposed business

Automatic casement window operated business will result in high inflow of
revenue to the company since it has been widely essential for customer.
This business also provides something fresh in construction industry with
the innovation of casement window. It is a symbolic of modern and
elegant to house based on architectural design.

1.7 Future prospects of the business

Royal glaze is targeting to supply the smart-window to contractors, private
and commercial premises and house owners.

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PURPOSE

13
2. Purpose of preparing the business plan

2.1 To evaluate the project viability and growth potential

 Ensure all departments meet the specific goals in accounted time.
 To make sure all department is sorted systematically.
 Records keeping ensuring all the plans went as to referred.

2.2 To apply for loans or financing facilities from the relevant financial
institutions.
 Loan from the SIME BANK with amount RM 500,000.00 *expecting
profit

2.3 To act as a guideline for the management of the proposed business

 All respective department has been set up its financial state. All the
demands in the future will be in the meeting according progress
between all partners.

2.4 To allocate business resources effectively

 Financial department (Miss Deanna)

14
 BUSINESS
BACKGROUND

15
3. Company Background

3.1 Vision

i. Royal Glaze will strive in creating and producing a good product with
efficient technology.

3.2 Mission

i. Royal Glaze mission is to get more profit by widen territory to all over
Malaysia and supply more automated casement window to contractor and
house owner.

3.2 Organizational Chart

General Manager
Nur Aina Abidah Binti
Mohd Hamdan

Administrative Manager Marketing Manager Operational Manager Financial Manager

Muhammad Anas Bin Noor Safizah Binti Wan Arif Bukhari Bin Nur Deanna Syazwanie
Ismail Roswan Che Wan Azizan binti Ridzuan

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3.3 Logo and Motto

i. “R” @ Royal – using the concept of expensive and attractive

ii. “G” @ Glaze – represent the glass of the window which has weather
sensor
iii. Hexagon Shape – represent our product which is window
iv. Black Colour – simple but elegant
v. Royal Glaze – name of company

Motto

Your future innovation starts here…

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PARTNERSHIPS
BACKGROUND

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4. Partnership background
General Manager

Name Nur Aina Abidah bt Mohd Hamdan

Identity card number 980923-08-6188
Permanent address 1038, jalan forest heights 4/14,
Precinct 4 Forest heights,
70450 Seremban,
Negeri Sembilan.
Email ainaabidah6695@gmail.com
Contact number 019-6316629
Date of birth 23rd September 1998
Age 20
Marital status Single
Academic qualifications Diploma
Course attended Diploma in building
Skills Manage to work under pressure and able to
work in a team as well as independently.
Experience Part time as a technical official.
Present occupation Student

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 Administrative Manager

Name Muhammad Anas bin Ismail

Identity card number 980402-10-7115
Permanent address No. 12, Jalan 17C,
Kampung idaman,
42000 Pelabuhan klang,
Selangor.
Email sr.muhdanas@gmail.com
Contact number 011-11198240
Date of birth 2nd April 1998
Age 20
Marital status Single
Academic qualifications Diploma
Course attended Diploma in building
Skills Good in computer skills and soft skills.
Experience Working as a sales assistant for more than
5 months.
Present occupation Student

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 Marketing Manager

Name Noor Safizah bt Roswan

Identity card number 980830-08-5426
Permanent address No. 394, Jalan cekal 2,
Taman sri lambak,
86000 Kluang,
Johor.
Email safifiza98@gmail.com
Contact number 010-9150215
Date of birth 30th August 1998
Age 20
Marital status Single
Academic qualifications Diploma
Course attended Diploma in building
Skills Good in promoting and soft skill.
Experience Work as a cashier at Aeon Big & Target
Supermarket.
Present occupation Student

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 Operational Manager

Name Wan Arif Bukhari bin Che Wan Azizan

Identity card number 981220-12-5499
Permanent address No. 23, Jalan amanah 3/12,
Taman Amanah,
42600 Jenjarom, Kuala Langat,
Selangor.
Email arifazizan98@gmail.com
Contact number 011-15721905
Date of birth 20th December 1998
Age 20
Marital status Single
Academic qualifications Diploma
Course attended Diploma in building
Skills Good in communication skills
Experience Work as a promoter at Parkson
Present occupation Student

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 Financial Manager

Name Nur Deanna Syazwanie bt Ridzuan

Identity card number 981028-02-6220
Permanent address 2A-03-10, Jalan sg tiram 6,
Taman saujana permai,
11900 Bayan lepas,
Pulau pinang.
Email dennawaneyy@gmail.com
Contact number 011-12570317
Date of birth 28th October 1998
Age 20
Marital status Single
Academic qualifications Diploma
Course attended Diploma in building
Skills Good in promoting and attract customers.
Experience Working experience at secret recipe, hotel
tabung haji, The corum view hotel and work
as a promoter at longwan Sdn. Bhd.
Present occupation Student

23
LOCATION OF THE
BUSINESS

24
5. Location of business
5.1 Physical location of the project

The office is located at Taman falim indah, ipoh. This location has been
chosen to set up the business at Taman falim indah, 30100 ipoh, perak
because the location is strategic to facilitate buying and selling transactions
between clients and staffs in charge.

5.2 Building

1. Type of building : A commercial shop

2. Structure of the building : A double-storey building
3. Size of the building : 1599 Sq. Ft.
4. The office is contributed by the general manager, Miss Nur Aina Abidah.

25
5.3 Basic amenities
1. Utilities.
Electricity and source of water are available as it can give comfort to
worker to do their work efficiently.
2. Toilet
Toilet is another basic amenities that must be provided to create a
comfort working environment so that staff do not have to walk out the
office to find the facilities provided outside of the building. It may also
increase the productivity of working environment.
3. Air conditioner
Is another amenities that should be provided to create a comfortable
zone of working yet can increase the productivity of work.

26
MARKETING PLAN

27
6.0 MARKETING PLAN

6.1 Marketing objectives

1. Royal glaze products served an automated window that can be

customized depend on your weather needs. And one of them is the sensor
that is sensitive to surrounding.
2. The company is targeted to get 6% (RM 237,576,206.40) of the market
share from all of the competitors in the first year of the operation.
3. The expected the sale will increase about 2% (RM 4,038,795,509) in the
second year and 4% (RM 4,200,347,329) for the third year.
4. We optimist to open 2 more branch in Kuala Lumpur and Kedah for the
second year of the operation.

6.2 Description

Product description

Features  An electrically operated device which will open casement or

awning units by using a switch.
 The window can be controlled automatically or manually by
the consumer.
Materials  Hinge window type which connected/attached to the window
frame using bearing with other help from electronic input.
 Thermal infrared sensor is applied to the window to sense the
temperature from the surrounding of the building.
 To form the smart window, we assemble the aluminium
casement, float glass, thermal infrared sensor and the wiring
system.
Benefits  Aluminium window frames which provide maximum view to
the outside of the building.
 Provide large opening to allow optimum ventilation and
greater cooling effect.
 Weather stripping that avoid the entrance of water through
window during rain.

28
 6.3 Target market
6.3.1 Populations in Perak.
Market segment Population Target market Target market
(%)
Contractors 52,398 47 24,627.06
House owner 93,189 20 18,637.80
Private and Commercial 16,574 33 5,469.42
premises
TOTAL 162,161 48,734.28

6.3.2 Geographic segmentation

For the geographic segmentation, we chose to put on target at Perak
and Selangor. It is simply because the state is still in development
phase. In addition, it will be easier to convince the target audience that
the smart window is suitable for modern and classic contemporary
house. Also, the number of contractors in Perak and Selangor are quite
high. Therefore, it will be easier to supply the products to the
contractors.

6.4 Market Size

6.4.1 Market size table.
Market segment Target No. of items to Price/unit Total potential
Market needed (unit) (RM) purchase/year
(RM)
Contractors 31403 20 3860 2,424,311,600
House owner 82714 4 3860 1,277,104,160
Private and 5,574 12 3860 258,187,680
Commercial
premises
TOTAL 3,959,603,440

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6.5 Market Share
Market share is the portion of a market controlled by a particular company or
product.

6.5.1 Before entering the market.

Competitors Before Amount of sales
entrance (RM)
(%)
Perak 24 950304825.6
Selangor 57 2,256,973,961
Hardware store 19 752,324,653.6
Total 100 3,959,603,440

6.5.2 After entering the market.

Competitors Before Amount of sales
entrance (RM)
(%)
Perak 22 871,112,756.80
Selangor 55 2,177,781,892
Hardware store 17 673,132,584.80
Royal Glaze 6 237,576,206.40
Total 3,959,603,440

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 1.7 Sales forecast

MONTH SALES
JANUARY 329,960,520
FEBRUARY 331,126,240
MARCH 329,196,240
APRIL 330,740,240
MAY 328,810,240
JUN 329,968,240
JULY 330,740,240
AUGUST 330,354,240
SEPTEMBER 329,968,240
OCTOBER 329,188,520
NOVEMBER 329,968,240
DECEMBER 329,582,240
Year 1 3,959,603,440
Year 2 Increase by 2% 4,038,795,509
Year 3 Increase by 4% 4,200,347,329

6.8 Marketing strategy

31
 To ensure there is promotion, marketing strategy are one of the important part
of the business. Marketing is a process of planning and executing the conception,
pricing, promoting and distribution of goods and services to exchange the individuals
satisfy and organizational objective. The role of marketing can be considered as one
of the most critical part of the business organization because it generates income to
the business. The success of each business is depending on the achievements of
the company that offers product and services needed by the consumers.

Marketing is always the strategy that is used by the company to increase the
sales of product or services in the market. The marketing strategy consists of four
keys variable personal. The four keys are product, pricing, place and promotion.

 6.8.1 Product strategy

A product is an item that a business provides to their customers. A

good product is a product that satisfies customers’ needs. Referring to
our product, it promotes comfort and efficiency to the customers. We
are targeting the contractors, house owners and the private and
commercial business sector. We surely will attract our customers by
the practicality and the futuristic value. For contractors, they might be
interested in our products since we are providing a labor free and
precast product.

1. Efficiency
Our company is producing a product that is efficient, simple and
easy to construct. The product is suitable for the contractors to
construct as it is a precast product and the product also may ease
the work of a house owner.

2. Futuristic
In facing the modernization era, people are seeking for a product
that is futuristic and has the latest technology. Therefore, we are
producing a product based on people’s desire with some other
benefit in it.

 6.8.2 Pricing strategy

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 The price of our product is RM3860.00 per panel. We realized the price
of the window are quite high, it is because we are the first company
that produce this type of window. In addition, the mechanism of our
products are more complicated compared to the others. Therefore, we
demanded to price up our products higher compared to other products.

 6.8.3 Place strategy

We choose to set our place at Perak. It is simply because there are

many contractors in Perak and we are targeting for the contractors to
buy our products. At the same time, most of the contractors in Perak
are focusing on building futuristic buildings as we did. So, it will be
easier for us to get to our customers.

 6.8.4 Promotion

To make sure our products are known by the contractors in Perak,

firstly, we are going to make a website about our product. Secondly, we
are going to hire a sales assistant to help us in promoting our product
and to make sure our product are noticed by our target market.
Basically, we are promoting our business using advertisement,
personal selling and manufacturing.

6.9 ORGANIZATION CHART FOR MARKETING DEPARTMENT

33
 MARKETING MANAGER (NOOR SAFIZAH)

SALES ASSISTANT

PROMOTER PROMOTER PROMOTER

6.10 List of Marketing Personnel

Position No of Personnel

Marketing Manager 1
Sales Assistant 1
Promoter 3

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6.11 Task and Responsibilities of Marketing Personnel

Marketing Personnel Task and Responsibilities

Marketing Manager  Managing all marketing for the company and
activities within the marketing department.
 Developing the marketing strategy for the company
in line with company objectives.
 Coordinating marketing campaigns with sales
activities.
Sales assistant  Assist manager.
 Brings good communication with manager and
promoter any related works due to any changes.
 Makes a report for manager data ease of access.
Promoter  Demonstrate and explain products and methods to
persuade customers.
 Identify interested and qualified customers which
worth to provide additional information.

35
6.12 Schedule of Remuneration plan of Marketing Personnel

Position Qty Monthly EPF SOCSO Total

Salary (RM) (RM)
(RM) (A)+(B)+(C)
(A) (B) (C)

Marketing 1 5000.00 612.00 118.45 5730.45

Manager

Sales 1 1500.00 122.00 46.55 1668.55

Assistant

Promoter 3 1200.00 98.00 37.45 1335.45

x3
=
4006.35

36
6.13 Marketing budget

Item Fixed assets Monthly Other

expenses Expenses
(RM) (RM)
Fixed asset
Signboard 3,500

Working capital
Salary/EPF/SOCSO
- Marketing Manager 5,730.45
- Sales Assistant 1,668.55
- Promoter 4006.35

Other expenses
Grand Opening 2,500
Website 3,000
TOTAL 6,500 11,405.35 5,500

37
OPERATIONAL PLAN

38
7 Operational plan.
7.1 Component of operating system.
7.1.1 Business input
Raw materials
 Aluminum casement, float glass, tinted, thermal infrared sensor,
ironmongeries, bearing.

Labour

 Operating system is divided into few departments. The first department

is the cutting department. 1 operator is needed for this department.
Next is the frame assemble department. 1 supervisor and 10 labours is
needed. For electronics and accessories departments electricians and
10 labours is needed. For the last department, which is glass
department, 1 supervisor and 10 labours is needed.

Equipment

 There are only two equipment needed to assemble the product which
is the cutting glass machine and the conveyor belt.

Assembling materials

 The materials needed to assemble the product is bearing, cable,

thermal infrared sensor, float glass, aluminium frame casement and
ironmongeries.

39
7.1.2 Transformation process

The window will be constructed with aluminium casement, float

glass and tinted. To apply the electronic system, the employees
is going to insert a thermal infrared sensor by using temperature
sensor system.

The window will be assemble with some electronic component

such as thermal infrared sensor. The function of thermal infrared
sensor is to sense the outside weather of the building. By
detecting the weather, the window shutter will be automatically
move. Before applying the thermal infrared sensor, the
employees going to prepare a controlling box. The controlling
box contains electronic components to control the system and
movement of the window. In case if there are some problems
with the window or the system, there will be a backup system.
The backup system withstand within a week. It is because the
components of the window can be easily find. Therefore, it won’t
take long for the owner to repair or find a new component if
there are some problems with the window.

7.1.3 Output

The window can sense the weather of the day. Therefore, the
window shutter are actually able to open based on the outside
weather. As an example, if the weather is cloudy or it’s raining
outside, the window shutter will open not more than 40°. In the
other hand, if the weather is hot, the window can be open up to
60°.Not just the window shutter can be moved based on the
temperature, the tinted that were applied on the glass also are
able to change in colour based on the amount of light excessed
into the building. The more amount of light can be excessed, the
darker the colour of the tinted. Also, the window may be able to
sense danger. In case there are signs of robbery or the window
is crack, the shutter will close immediately. So, the one who
owns our product can enjoy living in cozy and comfort place.

40
 7.1.4 Feedback

Feedback from the customers can be collected from the

feedback’s form. This will help company to improvise the
product if there are some problems with it.

7.1.5 External environment

The office is located at taman falim indah, Ipoh. The reason is

because the area is suitable for people to notice as there are
also other offices nearby. Also, the place is in development
phase. Therefore, it will be easier for Royal Glaze to reach the
target audience.

7.2 Process planning for manufacturing

7.2.1 Symbol of process chart.

SYMBOL ACTIVITY DESCRIPTION

Operation Activity that modify, transform or

give added value to the input.

Transportation Transport materials to the site.

Inspection Inspection of the window and the

systems.

Product is delayed because of

Delay some problems occurred during
processing the window.

After the making process is

Storage finished, the window will be stored
in the storage room at the factory.

41
7.2.2 Process flow chart

1. Gathered the materials from the storage room.

2. Cutting the glass

3. Making the aluminium casement

4. Apply the electronic system to the window casement.

5. Inspection of the window and the systems.

6. The windows are ready to be used.

42
Process of making the window

1. Gathered the materials from

the storage room.

3. Making the aluminium casement.

to the window.

5. Inspection of the window and 6. The windows are ready.

the systems.

43
7.2.3 Activity chart

Bring the window that has been assembled to the site.

Arrived at the site and move to the place for the

window to be applied.

Apply the window to the building.

Receive payment from the client.

44
7.3 Operations layout
7.3.1 Layout based on the product.

Manager Accounting
room department

Reception

Administrational
Manager

TOILET
TOILET

Store

Place for
Making Electrical
glass cutting
aluminiumcomponents
casement
Raw materials store

Plant room
Inspection area

45
7.4 Production Planning

7.4.1Sales forecast per month

Output per month

Average sales forecast per month = RM 3,959,603,440/ 12

= RM 329,966,953.30

The sales price = RM 3860

Number of output per month = Average sales forecast / Sale price

= RM 329,966,953.30 / RM 3860

= 85,484 units

46
 7.5 Material Planning

7.5.1 Material Requirement Planning

7.5.1.1 Raw Material Required per Month (Bill of Material)

No Material Quantity Safety Total Price/Unit Total

Stock Material (RM) Price
Requirement (RM)

1 Aluminium 85,484 8,548 94,032 108 10,155,456

Casement

2 Float Glass 85,484 8,548 94,032 20 1,880,640

3 Tinted 85,484 8,548 94,032 60 5,641,920

4 Thermal Infrared 170,968 17,097 188,065 750 141,048,750
Sensor
5 Ironmongeries 427,420 42,742 470,162 250 117,540,500

6 Bearing 170,968 17,097 188,065 150 28,209,750

7 wiring 85,484 - 85,484 54 4,616,136

Total 291,415,136

47
7.5.1.2Materials Supplier

Material Supplier
Aluminium LS Venture Enterprise
Casement LS Venture Enterprise, 2, Jalan Intan
1/2, Taman Puchong Intan, 47100
Puchong, Selangor
Float Glass Keng Ying Glass Sdn Bhd
Lot 33, Jalan E 1/4,
Taman Ehsan Industrial Area, 51200
Kepong,Kuala Lumpur.
Tinted
Power Cool Tinted Film & Supply Sdn
Bhd,
No.5, Jalan Sepadu C 25/C, Taman Sri
Muda, 40400 Shah Alam, Selangor
Thermal Infrared dpstar Thermo Control Electric Sdn.
Sensor Bhd.
No.39-G, Jalan OP 1/2, Pusat
Perdagangan One Puchong, Off Jalan
Puchong, 47160 Puchong, Selangor
Ironmongeries Seaway Hardware Sdn Bhd

137-139, Jalan Maharajalela, 50150

Kuala Lumpur, Federal Territory of
Kuala Lumpur

Bearing
NTN Bearing-Malaysia Sdn. Bhd.

No. 2, Seksyen U1, Shah Alam,

Malaysia, Jalan Arkitek U1/22, Hicom-
glenmarie Industrial Park, 40150 Shah
Alam, Selangor

48
49
7.6 Machine and Equipment Planning
7.6.1 Amount of machine and equipment required

Glass Cutting Machine

Planned Rate of Production per day

× Standard production time
Machine productivetime perday

15
×90 min
420 min(7 hours ×60 minutes)

= 3.2 @ 3 glass cutting machine

7.6.2 List of machine and equipment

Machine No of machine

Glass Cutter 3

7.6.3 Machine supplier

Machine Supplier

Glass Cutter Alibaba.com

7.6.4 Machine and equipment cost

Item Quantity Price/unit Total Cost

(RM) Monthly
(RM)
Glass Cutter 3 155,580.00 466,740.00

TOTAL 466,740.00

50
 7.7 Manpower Planning

7.7.1 Organization Chart for Operation Department

Figure 7.7.1 Organizational Chart (Head of Department + workers)

OPERATING MANAGER
MUHAMMAD ANAS BIN ISMAIL

ELECTRICS AND GLASS

CUTTING FRAME ASSEMBLE
ACCESSORIES DEPARTMENT
DEPARTMENT 1 SUPERVISOR
2 ELECTRICIANS 1 SUPERVISOR
1 OPERATOR 10 LABORS
10 LABOR 10 LABORS

7.7.2 Amount of direct labour required

Planned Rate of Production per day

X Standard production time
Machine productive time per day

85,484
X 0.5
1,440

= 30 labours required

51
 7.7.3 List of Operation Personnel

Personnel No. of Personnel

Operating manager 1

Operator 1
Electrician 2
Supervisor 2
Labour 30

7.7.4 Schedule of task and responsibilities

Position Task and Responsibilities

Operating manager  Managing both raw and materials and personnel.
 Oversight of inventory, purchasing and supplies is central to
the job.
Operator  Work with heavy machinery from setup to
operation
 Make sure machine setup properly, working
well and producing good product.

Electrician  Install and maintain wiring, control and

positioning any related work to electricity.
Supervisor  Oversee the workflow of activities in projected
area or department
 Responsible for coaching, resolving issues and
serving as link between subordinates and
upper management.
Labour  Assigned to do specific task for only particular
section.
 Limited knowledge and handling.

7.7.5 Schedule of remuneration

52
 Position No. Monthly EPF SOCSO Amount
Salary
(RM) (RM) (RM) (RM )

Operation manager 1 7,800 948 118.45 8,866.4

5

Operator 1 2,000 263 58.55 2,321.5

5

Electrician 2 1,500 198 43.45 1,741.4

5x2
=
Supervisor 2 1,200 159 34.55 3482.90
1,393.5
5x2
=
Labour 30 800 107 22.55 2787.10
929.55
x 30
=
27886.5
TOTAL 45,344.50

7.8 Overhead requirement

7.8.1 Operation Overhead
Factory
No Types of Overhead Monthly Cost (RM)

1 Telephone 250.00
2 Internet 180.00
3 Fuel 700.00
4 Transportation maintenance (service) 600.00
5 Bill 2,400.00
TOTAL 4,130.00

Total overhead requirement: RM 4130.00 = RM 4130.00

7.9 Total operation cost
Total Operation Cost

53
= Direct Material Cost (Total Raw Material) + Overhead Cost (Total Operations
Overhead) + Labour Cost
= RM 291,415,136.00+ RM4130.00+ RM 45,344.50
= RM 291,464,610.50

7.10 Cost per unit

Cost per unit
= Total Operation Cost (RM) / Total number of output (Output per month)
= RM 291,464,610.50/ 85,484
= RM 3409.60

7.11 Productivity index (PI)

Productivity Index= Total value of Output (Sales forecast per month) / Total value of
Input (Total Operation Cost)

= RM 329,966,953.30/ RM 291,464,610.50
= 1.13

7.12 Location of business

Location of factory
54
Address: 23-A Jalan sms 1, Kawasan Perindustrian Rawang Perdana, Rawang
Perdana Seksyen 19, 48000 Rawang, Selangor Darul Ehsan

The location of business for manufacturing and producing the windows is located at 23-A Jalan sms
1, Kawasan Perindustrian Rawang Perdana, Rawang Perdana Seksyen 19, 48000 Rawang,
Selangor Darul Ehsan because the space of the building is quite large and enough for
producing the automated windows in a lot of quantities and also create a comfortable
working environment for employees and increasing the efficiency of work. This factory was
contributed by one of the business partner. By this, the cost for starting the business can be
reduced.

Location as stated on google map :

7.13 BUSINESS AND OPERATION HOURS

55
Business hours refer to the time the business is open and close to the
customers.
DAY TIME
MONDAY - FRIDAY 8 A.M – 5 P.M
SATURDAY 8 A.M – 12 P.M
SUNDAY CLOSED

Operation hours refers to the workers have to work and make preparation before
starts the work for business. For our workers:
DAY TIME
MONDAY-SUNDAY 8 A.M – 8P.M

56
 7.15 Operations Budget

Item Fixed Assets Monthly Other

(RM) Expenses Expenses
(RM) (RM)

Fixed Asset
Machineries 466,740.00
Conveyor belt 20,000.00

Working Capital
Salary/Epf/Socso 45,344.50
Utilities 2500

Other Expenses
Transportation service 2000

Pre-Operations

486,740 47844.50 2,000

TOTAL

536,584.50
SUB TOTAL

57
ADMINISTRATION PLAN

58
8 Administration Plan

8.1 Organizational Chart for Administration and Finance Department.

General Manager
Nur Aina Abidah binti Mohd
Hamdan

Administrative Manager Financial Manager

Wan Arif Bukhari Bin Che Nur Deanna Syazwanie binti
Wan Azizan Ridzuan

8.2 Man Power Planning

Position No of Personnel
General manager 1

Administrative manager 1

Financial manager 1

59
 8.3 Schedule of Task and Responsibilities

Position Task and Responsibilities

General manager  Oversee daily operations of the business unit or organization.
 Ensure the creation and implementation of a strategy designed
to grow the business.
 Coordinate the development of key performance goals for
functions and direct reports.
 Provide direct management of key functional managers and
executives in the business unit.
 Ensure the development of tactical programs to pursue
targeted goals and objectives.
 Ensure overall delivery and quality of the unit's offerings to
customers.
 Engage in key or targeted customer activities.
 Oversee key hiring and talent development programs.
 Evaluate and decide upon key investments in equipment,
infrastructure and talent.
Administrative manager  Maintains administrative staff by recruiting, selecting, orienting,
and training employees.
 Accomplishes staff results by communicating job expectations
and disciplining employees.
 Provides historical reference by developing and utilizing filing
and retrieval systems.
 Maintains continuity among corporate, division, and local work
teams by documenting and communicating actions,
irregularities, and continuing needs.
 Maintains professional and technical knowledge by attending
educational workshops.

60
Financial manager  Provide financial reports and interpret financial information to
managerial staff while recommending further courses of action.
 Advise on investment activities and provide strategies that the
company should take
 Maintain the financial health of the organization.
 Manage the preparation of the company’s budget.
 Liase with auditors to ensure appropriate monitoring of
company finances is maintained.

8.4 Schedule of Remuneration Administration Plan

Position No Monthly EPF Contribution SOCSO Amount

salary RM RM RM
General 1 12,000.00 1212.00 118.45 13,330.45
Manager
Administrative 1 8000.00 972.00 118.45 9090.45
Manager
Financial 1 5000.00 612.00 118.45 5730.45
Manager

61
8.5 Office equipment and budget
Table 8.5.1 List of furniture and fittings.

TYPE QUANTITY PRICE/UNIT TOTAL COST

(RM) (RM)

4 1020.00 4080.00

OFFICE TABLE

3 RM 300.00 RM 900.00

OFFICE CHAIR

4 RM 80.00 RM 320.00

COMPUTER

4 RM 1500.00 RM 6000.00

62
TELEPHONE

4 RM 50.00 RM 200.00

FAX MACHINE WIH COPY, PRINT AND FAX

1 RM 500.00 RM 500.00

WHITEBOARD

1 RM 30.00 RM 30.00

NOTICE BOARD

63
 1 RM 20.00 RM 20.00

FIRE EXTINGUISHER

2 RM 80.00 RM 160.00

DUSTBIN

4 RM 5.00 RM 20.00

CLOCK

1 RM 12.00 RM 12.00

64
RECEPTIONIST TABLE

1 RM 400.00 RM 400.00

TOTAL RM 12,642.00

Table 8.5.2 List of office supplies

TYPE QUANTITY PRICE/ UNIT (RM) TOTAL (RM)
65
Rim of A4 paper 4 18.00 72.00
Pen 10 1.00 10.00
Pencil 10 0.50 5.00
Liquid paper 4 2.00 8.00
Eraser 4 0.50 2.00
Ruler 4 1.00 4.00
Stapler 4 2.00 8.00
Thumbtack 4 2.00 8.00
Scissors 4 2.50 10.00
Glue 4 2.00 8.00
Marker 3 3.00 9.00
Duster 1 5.00 5.00
Highlighter 4 2.00 8.00
Cartridge 3 25.00 75.00
TOTAL 232.00

8.6 Administration Budget

Table 8.6 Administration Budget
66
Item Fixed Assets Monthly Other Expenses
expenses (RM) (RM)
Fixed Asset
Furniture and Fittings 12,642
Working Capital
Salary/EPF/SOCSO 42,748.25
Utilities 415
Other Expenses
Business registration 150
Stationaries 232
TOTAL 12,642 43,163.25 382

SUB TOTAL 56,187.25

67
FINANCIAL PLAN

68
     
     
     
AUTOMATED WINDOW  
Capital Expenditure    
Types of Fixed Assets Estimated Cost (RM) Estimated Economic Life
(years)
Administrative/Organisation    
Land & Building    
Office Equipment 12,642 5
    5
    5
    5
Sales/Marketing  
Signboard 1,200 5
    5
    5
    5
Operations/Technical  
Machines and equipments 5
486,740
    5
    5
    5
Total
500,582  
9 Financial Plan
9.1 Operating budget
9.1.1 Administrative department
9.1.2 Marketing department
9.1.3 Operations department

69
 9.2 project implementation cost and sources of finance
AUTOMATED WINDOW        
Project Implementation Cost    
         

Capital Expenditure Cost Sources of Financing

Land & Building  Existing asset

Office Equipment 12,642Hire-purchase

   Loan

   Loan

   Cash

Signboard 1,200Cash

   Cash

   Cash

   Cash

Machines and equipments 486,740Loan

   Cash

   Cash

   Cash

Working Capital 1 months  

Sales & Marketing Costs (monthly) 11,405 Cash

General & Administrative Costs (monthly) 43,163 Cash

Operations & Technical Costs (monthly) 291,460,481 Cash

Pre-Operating & Incorporation Costs (one-off) 5,000 Cash

Other Expenditure (annually) 2,080 Cash

Provision for Contingencies 5%   14,601,032Cash

TOTAL 306,623,743 

AUTOMATED WINDOW          
70
Sources of Project Financing
       
Own Contributions
Hire-
Capital Expenditure Cost Existing F. Loan
Purchase
Cash Assets
Land & Building  
-
Office Equipment 12,642
12,642
   
-
   
-
   
-
Signboard 1,200
1,200
   
-
   
-
   
-
Machines and equipments 486,740
486,740
   
-
   
-
   
-
Working Capital      
Sales & Marketing Costs (monthly) 11,405
11,405  
General & Administrative Costs
43,163
(monthly) 43,163  
Operations & Technical Costs
291,460,481
(monthly) 291,460,481  
Pre-Operating & Incorporation
5,000
Costs (one-off) 5,000  
Other Expenditure (annually) 2,080
2,080  
Provision for Contingencies 14,601,032
14,601,032  
TOTAL 306,623,743 306,124,361   486,740 12,642

               
               
Proposed Terms of Hire-
Proposed Terms of Loan (if required)
      Purchase (if required)  
    Interest rate 5%   Interest rate 5%  
Tenure
Loan tenure (years)
    10   (years) 5  

71
9.3 Fixed asset despreciation schedule

Type of Fixed Asset Office Equipment

Cost (RM) 12,642  
Depreciation Method Straight Line  
Economic Life (yrs) 5  
Annual Accumulated
Year Book Value
Depreciation Depreciation
  - - 12,642
1 2,528 2,528 10,114
2 2,528 5,057 7,585
3 2,528 7,585 5,057
4 2,528 10,114 2,528
5 2,528 12,642 -
6 0 0 -
7 0 0 -
8 0 0 -
9 0 0 -
10 0 0 -

9.4 Loan and Hire Purchase Depreciation Table

LOAN AMORTIZATION SCHEDULE
Amount (RM) 486,740    
Interest Rate 5%    
Duration (yrs) 10    
Method Annual Rest  
Yea Instalment Payments
Principal Balance
r Principal Interest Annual Payments
  - - - 486,740
1 38,698 24,337 63,035 448,042
2 40,633 22,402 63,035 407,409
3 42,665 20,370 63,035 364,744
4 44,798 18,237 63,035 319,947
5 47,038 15,997 63,035 272,909
6 49,390 13,645 63,035 223,519
7 51,859 11,176 63,035 171,660
8 54,452 8,583 63,035 117,208
9 57,175 5,860 63,035 60,033
10 60,033 3,002 63,035 0
11 0 0 0 0
12 0 0 0 0
13 0 0 0 0
14 0 0 0 0

72
73
74
75
76
77
78
79
80
81
82
83
CONCLUSION

84
CONCLUSION

We hope that our business which is The Royal Glaze become a successful business
to reach our goal and objectives. As a business that innovate a new product, we
hope that we are able to raise the name of our country and well recognize all around
the world.

We also believe that The Royal Glaze will meet the demand among society and
become one of the competitive advantage business compare to other competitors.

However we are aware of the challenge that we faced from other companies that are
well known by other contractors as well as hardware store but we are confident that
each of our business partners experience and our cooperation for the business will
lead to prevent the problem that we faced.

We hope that The Royal Glaze will become establish in Malaysia and internationally
known in the future. In addition, we also hope that we can serve the best for the
consumers.

85
APPENDICES

86
LICENSE, PERMITS AND REGULATIONS REQUIRED

JB0228185 Z

ROYAL GAZE, 23-A JALAN SMS 1, KAWASAN

PERINDUSTRIAN RAWANG PERDANA, RAWANG
PERDANA SEKSYEN 19, 48000 RAWANG,SELANGOR

ROYAL GLAZE
1 JAN 2018

23-A JALAN SMS 1, KAWASAN PERINDUSTRIAN RAWANG PERDANA,

RAWANG PERDANA SEKSYEN 19, 48000 RAWANG,SELANGOR

MENGHASILKAN TINGKAP AUTOMATIK

JALAN SMS 1, 1 JAN 2018

RAWANG,
SELANGOR

87
2 Registration certificate for business premise

JB0226186 X

ROYAL GAZE, TAMAN FALIM INDAH, 30100 IPOH,

PERAK

ROYAL GLAZE
1 JAN 2018

TAMAN FALIM INDAH, 30100 IPOH, PERAK.

MENJUAL DAN MEMBEKALKAN TINGKAP AUTOMATIK

TAMAN FALIM 1 JAN 2018

INDAH, IPOH,
PERAK.

88
PARTNERSHIP
AGREEMENT

89
 PARTNERSHIP AGREEMENT

This PARTNERSIP AGREEMENT is made on DATED

BETWEEN

NUR AINA ABIDAH BINTI MOHD HAMDAN (I/C No.980923-08-6188) of 1038, JALAN
FOREST HEIGHTS 4/14,PRECINCT 4 FOREST HEIGHTS, 70450 SEREMBAN NEGERI
SEMBILAN. (hereinafter called “AINA”) of the part one;

AND

MUHAMMAD ANAS BIN ISMAIL (I/C No.980402-10-7115) of No. 12, JALAN 17C,
KAMPUNG IDAMAN, 42000 PELABUHAN KLANG, SELANGOR. (hereinafter called
“ANAS”) of the second part;

AND

NOOR SAFIZAH BINTI ROSWAN (I/C No.980830-08-5426) of No. 394, JALAN CEKAL 2,
TAMAN SRI LAMBAK, 86000 KLUANG, JOHOR. (hereinafter called “FIZA”) of the third
part ;

AND

WAN ARIF BUKHARI BIN CHE WAN AZIZAN (I/C No.981220-12-54990) of No. 23,
JALAN ANMANAH 3/12, TAMAN AMANAH, 42600 JENJAROM, KUALA LANGAT,
SELANGOR. (hereinafter called “ARIF”) of the fourth part;

AND

NUR DEANNA SYAZWANIE BINTI RIDZUAN (I/C No.981028-02-6220) of No.2A-03-10,

JALAN SG TIRAM 6, TAMAN SAUJANA PERMAI, 11900 BAYAN LEPAS,PULAU
PINANG. (hereinafter called “DEE”) of the fifth part;

90
WHERES :

A. The parties hereto are currently the partners to a business entity known as “ The
Smart Window” a partnership business registered under the Business Registration
Act 1956 and having its address at Taman Falim Indah, 30100 Ipoh Perak.
(hereinafter referred to as “the Partnership”.

B. The Partnership is now carrying on the business of assemble and manufacture

smart window and such other related business activities (hereinafter referred to as
“The Partnership Business”.

C. The initial capital of the Partnership Business is Ringgit Malaysia.

D. The parties hereto hereby agree to set out and regulate the terms and conditions
governing the relationship among them as partners to the Partnership subject to the
terms and conditions herein contained .

NOW IT IS HEREBY AGREED as follows :-

1.0 PLACE OF BUSINESS

The Partnership Business shall be carried out at Taman Falim Indah, 30100 Ipoh Perak
or at such other place or places as the Partners are from time to time may approve
(hereinafter referred to as the “Demised Property”).

2.0 DURATION OF PARTNERSHIP

This Partnership Agreement shall here full force from the date of this Agreement and
shall be continued to bind the Partners until it is determined as hereinafter specified.

91
3.0 CAPITAL AND ACCOUNT

3.1 The partners shall immediately after the signing of this Agreement pay into an
account to be opened in the name of the Partnership Business (hereinafter referred
to as “the Partnership Account”) a sum of RM 400,000.00. Only or any other sum as
may be agreed upon by the Partners herein (hereinafter referred to as “Initial
Capital”). The details of the initial capital are as follows :

NAME EQUITY EQUITY

CONTRIBUTION (%) CONTRIBUTION (RM)
Nur Aina Abidah binti
Mohd Hamdan
Wan Arif Bukhari bin
Che Wan Azizan
Nur Deanna Syazwanie
binti Ridzuan
Muhammad Anas bin
Ismail
Noor Safizah binti
Roswan
Total 100

3.2 Nur Aina Abidah and Wan Arif Bukhari shall be signatories to the
Partnership Account.

3.3 Any payment out of the partnership account shall have been first approved
by all the parties to this agreement.

3.4 The Partners shall appoint an independent accountant (hereinafter called

“the Accountant”) to manage the yearly account of the Partnership Business.

92
 3.5 The Partners shall properly keep all books of account of the Partnership
Business at the office of the Partnership Business and will open for
inspection by any of the Partners hereto any time.

3.6 All the working staff will be appointed by both Partners, and their wages and
salares and other amoluments will be fixed in the same way.

4.0 PROFIT AND LOSS

4.1 Each of the Partners shall be entitled to the Partnership Business profit in
accordance with the percentage of their respective equity contribution as
specified in clause 3.1 herein and shall also bear all looses in the same
proportions.

4.2 The Partners shall direct the Accountant in pursuant to Clause 3.4 herein to
calculate all assets and liabilities of the Partnership Business and prepare a
yearly balance sheet and profit and loss account and share of profits.

4.3 All the balance sheet and profit loss acoount and share of profts as
stipulated in Clause 4.2 herein shall upon its completion be signed by the
Partners and thereafter the Partners shall be found thereby unless manifest
error shall be found therein within one (1) month in which case such error
shall be rectified.

93
5.0 PARTNERS’ SALARY AND PARTNERSHIP MONIES

5.1 As compensation for partners’ services in and to the Partnership Business,

each partner shall be entitled to a salary stated in table 2.0 each month,
which shall be deducted by the Partnership as an ordinary and necessary
business expenses before determination of net profits. The salary of any
Partner may, however, be increased or reduced at any time by mutual
agreement of all the Partners.

Position Quantity Monthy EPF (RM) SOCSO Total (A) +

Salary (B) (C) (B) + (C)
(RM)
(A)
General 1 12,000.00 1,212.00 118.45 13,330.45
Manager
Administrat 1 8,000.00 972.00 118.45 9090.45
iveExecuti
ve
Marketing 1 5,000.00 612.00 118.45 5730.45
Executive
Operationa 1 7,800.00 948.00 118.45 8866.45
l Executive
Financial 1 5000.00 612.00 118.45 5730.45
Executive
Total (RM) 5 37,800.00 4,356.00 592.25 42,748.25

5.2 The Partners shall be entitled to draw out the Partnership Account on a
monthly basis or as the case may be on account of their respective shares of
profits as specified in Clause 4.1 herein.

5.3 In the event the account taken by the Accountant appears that any partner
or Partners has drawn any sum in excess of their share of profits as

94
 specified in Clause 4.1 herein he shall forthwith repay such excess into
Partnership Account or to be deducted from his monthly salary or next profit
account.

6.0 DUTY AND LIABILITY

6.1 Each partner shall be just faithful to other partners and shall diligently attend
to the partnership Business and devote the whole time and attention thereto.

6.2 No partner shall without the consent of the other Partners enter into any
contract, engage in any business other than that of the Partnership
Business or become bail or surety for any person or lend any partnership
property release any debt due to the Partnership Business except in the
ordinary cause of business draw accept or indorse any bill of exchange.

6.3 In the event of any Partner shall engage in any other contract or business
transaction or any acts other than as stipulated in Rectical B herein without
the consent of the other,the Partner who unilaterally enter into such contract
or business transaction or acts shall be solely liable for such contract or acts
and fully indemnify the other Partners in the event the other Partners is held
to be liable for such contract or acts.

6.4 In the event the Partners intend to engage employees, agents or any other
person forthe purposes of the Partnership business, such employees, agents
or anyother person shall be engaged upon mutual consent and agreement of
the Partners.

6.5 The partners shall be jointly responsible and liable for the rental of the
Demised Premises as specified in the Tenancy Agreement entered into
between the Partnersip and the landlords of the Demised Premises as
attached herewith.

6.6 Each of the partners hereto, subject to that is herein otherwise provided
shall :

95
 I. Participate and attend to the business to the greatest common advantage of
the Partnership Business.
II. Be just and faithful to each other.
III. Render true accounts and full information of all moneys affecting the
Partnership Business to the other.
IV. Indemnify the Partnership Business for any loss caused to it by willful
negligence or fraud in the conduct of the Partnership Business.
V. Attend to the Partnership Business diligently and actively.
VI. Not to withdraw any amount for his own benefit or use as remuneration or
otherwise without the consent of the others except to the extent hereinbefore
provided.
VII. Every party shall account for the profit earned from any transaction of the
Partnership Business or from the use of the Property in any business
transaction of the Partnership Business.

VII.1 DISSOLUTION AND RETIREMENT

96
VII.2 This Partnership Agreement may be determined by giving to the other
Partners less than three(3) months notice in writing and agreed upon by all
the Partners of the Partnership Business.

VII.3 If this Partnership Agreement shall be determined by notice pursuant

to Clause 7.1 herein or dissolved by the death or bankruptcy of any Partner or
by order of the Court, the Partner whom notice was given or the surviving or
solvent Partner or the Partner on whose application such order was made as
the case may be, may within fourteen (14) days from the giving such notice or
within fourteen (14) days from such death or bankruptcy or the making us
such order as the case may be, by notice in writing to the other Partners or
their personal representatives trustee in bankruptcy or receiver, elect either to
have the Partnership Business wound up pursuant to the provisions of the
Partnership Act 1961 or to purchase the share of the other Partner at the net
value thereof as agreed between the Partner giving notice (hereinafter called
“the Purchaser” and the other Partner or his personal representatives, trustee
in bankruptcy or receiver as the mat be (hereinafter called the “Vendor”) or in
default of such agreement as assessed by a value to be nominated by the
Purchaser and the Vendor jointly in writing and in agreeing assessing the net
value of such share the goodwill of the Partnership shall be taken into the
account.

VII.4 Any value so nominated or appointed as specified in Clause 7.2 herein

shall act as an expert and not as an arbitrator and his profe3sional charges
shall be borne by the Vendor and the Purchaser in equal shares.

VII.5 On the purchase by a partner of the share of the other partner pursuant
to Clause 7.2 herein the purchase money shall be paid by the partner who
purchases the share of the other on a date to be agreed upon by the partners
or their personal representatives.

VII.6 If a partner desire to retire from the Partnership Business he shall give
to the other partners at least one month ‘s written notice to that effect and

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 shall on the expiration of the said notice period be deemed to have retired
from the Partnership Business.

VII.7 If a partner retires from the Partnership Business, the retired partner
shall not be entitled to carry on the same or similar business in the same
name as that of the Partnership Business.

VII.8 The dissolution of the Partnership Business or the purchase of the

other partner’s share by the remaining partners and the retirement of the
partners shall not effect the continuous of the Partnership Business under the
trade name The Royal Glaze, unless all the Partners mutually agreed to
dissolve the Partnership Business.

8.0 CONTROVERSY OR CLAIM

Any controversy or claim arising out of or relating to this Agreement or the

breach hereof, shall be referred to any court having jurisdiction thereof.

9.0 ILLEGALITY

Each provision of this Agreement shall be construed separately and in the

event any provision of this agreement shall prove to be illegal or
unenforceable, the remaining provision of this Agreement shall prove to be
illegal or unenforceable, the remaining provision shall remain in full force and
effect.

10. 0 ASSIGNMENT

Neither this agreement nor any rights granted hereunder may be assigned
extended or otherwise transferred by either of the partner to any third parties
without the written consent of the other partner.

11.0 TIME

Time wherever mentioned in this agreement shall be of the essence of this

agreement.

12.0 NOTICE

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 Any notice required to be given by either one of the partners hereunder shall
be in writing and shall be served by either of the partners hereto on the other
partner and shall be deemed to be sufficiently served on the other partner if
left at or sent by prepared registered post to the partners’ respective
addresses as herein contained and if sent by post shall be deemed to be
served three days after the date of posting and shall take effect thereon.

13.0 BINDING EFFECT

This agreement shall be binding on the respective permitted assigns and

heirs, personal representatives and successors-in-title of the partners herein.

14.0 INTERPRETATION

In this agreement unless the context states otherwise the following

interpretation shall be adopted :-

a) Words importing the singular number shall include the plural and vice
versa
b) The headings to the clause are for ease of reference only and shall not
affect the interpretation or construction of this agreement.
c) Words importing the masculine gender shall include the feminine and
neuter gender and vice versa.

15.0 LEGAL FEES AND DISBURSEMENT

All legal fees and disbursement incurred or to be incurred for the preparation
and execution of this agreement shall be shared equally by the partners
herein.

In witness whereof the parties hereto have hereunto set their hands the day
and first year above written.
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Signed and delivered by )

Nur Aina Abidah bt Mohd Hamdan) _________________________

In the presence of :- ) Nur Aina Abidah bt Mohd Hamdan

Signed and delivered by )

Muhammad Anas bin Ismail ) _________________________

In the presence of :- ) Muhammad Anas bin Ismail

Signed and delivered by )

Noor Safizah bt Roswan ) _________________________

In the presence of :- ) Noor Safizah bt Roswan

Signed and delivered by )

Wan Arif Bukhari bin

Che Wan Azizan ) _________________________
In the presence of :- ) Wan Arif Bukhari bin Che Wan Azizan

Signed and delivered by )

Nur Deanna Syazwanie bt Ridzuan) _________________________

In the presence of :- ) Nur Deanna Syazwanie bt Ridzuan

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