Entrepreneuship

INTRODUCTION

      Ahmad Zaki Resources Berhad (AZRB) was incorporated in Malaysia under the Companies Act, 1965 on 26 May 1997 as a public limited company under its present name.   The history of the AZRB Group began with the incorporation of AZSB on 17 February 1982. AZSB was incorporated as a private limited company. Its first contracting job was landscaping works for a housing project owned by Terengganu State Economic Development Corporation in Kemaman, Terengganu. In April 1984, the company secured its first major contract, which was the construction and completion of an external drainage system for the gas export terminal at the Kemaman Port.   Since then, AZSB has successfully secured contracts from government and semi-government agencies and the private sector. These include, amongst others, Jabatan Kerja Raya Malaysia, Majlis Amanah Rakyat, Yayasan Islam Terengganu, Kuala Lumpur City Centre Berhad, KLIA, Majlis Perbadanan Petaling Jaya, University of Malaya and International Islamic University of Malaysia. With the growth, the company upgraded its licensing status until it obtained a Class 'A' contracting license in 1993. Now AZSB has completed nearly 2 (two) Billion Ringgit worth of projects, consisting of various types of buildings and civil engineering works.   With the ensuing business growth and financial performance, the group under Ahmad Zaki Resources Berhad (AZRB) was listed as a Public Limited Company on the Second Board of Kuala Lumpur Stocks Exchange in June 1999 and subsequently transfered to the Main Board on 10 September 2003.
Looking to the future, the group has ventured overseas with the securing of three projects in Chennai, India and two in Riyadh, Saudi Arabia. Other activities of the group include Oil and Gas, Property Development and Plantations.

FINDINGS

1. The macro-environment

The macro-environment includes all factors that can influence and organization, but that are out of their direct control. A company does not...