Understanding How To Manage Budgets

I have been involved closely with both the real estate industry and small businesses for over 30 years. There are many lessons to be learned from these experiences, and I will be sharing some of them with you here. Let me give you a real example, a company that makes RM3m a year with a paid up of RM500,000 in its 3rd year of existence. No way can they list on ACE. They have to put in another RM7m-10m cash into the company as the minimum par value is 10 sen. So, if you have RM10m PUC, you can have 100m shares listed, and then issue another 25m shares to the public to raise funds.