SUCCESS STORIES
ZAKARIA YUSOF
Kedai Emas & Berlian Noorzek
Kuala Terengganu, Terengganu
In 2001, Zakaria Yusof established Kedai Emas & Berlian Noorzek with CGC standing by him at the start of his business.
“Prior to venturing into the gold trading business, I was working
with Lembaga Kemajuan Terengganu Tengah (KETENGAH) as a
technician. Having found out about CGC from the Terengganu
branch, I embarked on my journey. I applied for financing and was
successful.”
As a result of the financing from CGC, Zakaria was able to quickly
develop his first outlet and opened another gold trading shop,
Kedai Emas & Permata Sri Iman. In addition to this, Zakaria
diversified into the songket and batik businesses, bringing him
further success as an entrepreneur.
“With CGC’s assistance, my business grew and was established
as one of the well-known gold trading shops at Pasar Payang.
Thank you CGC for believing in me.”
Zakaria applied for financing from CGC as the rate was
competitive, promising and did not require any collateral. His
advice for other MSMEs out there, “To succeed in business,
self-motivation is very important. I am always hands-on and
do not rely on my staff to manage the business, especially
finances, marketing and sales”. He says that company funds
and profit need to be organised diligently and professionally.
He envisions further success for his gold trading business
over the next 5 years considering the good location of his
outlet, quality of his products and his reasonable pricing.
Zakaria recommends MSMEs to consider CGC products
as it provides good guarantee and financing schemes, and
advisory support to motivate and drive MSMEs to succeed
in their businesses.
SUCCESS STORIES
“With CGC, our company is growing fast as it is now easier for me to obtain financing from financial institutions. I would definitely recommend CGC to my MSME friends. It has eased my worry of qualifying and obtaining financing from the financial institutions.”
Mohamad Yusof is from Tumpat, Kelantan. Prior to running his own
business as a wholesaler of diesel and other petroleum products,
he worked as a lorry driver delivering fresh fish to the market. He
was looking for a financial institution for additional working capital
for his company. In October 2005, Mohamad went to a few banks
and one of the officers asked him to seek advice from CGC.
Without the assistance from CGC, Mohamad said he would still be
struggling to keep his business going. CGC granted him financing
under the Tabung Usahawan Bumiputera 2.
“I believe there is no secret path to success. During the
initial days, there were a lot of ups and downs. I kept with
my principles of providing great service, being authentic,
transparent and focusing on my end goal. This has led to my
success.”
Mohamad said that analysing the competition every now and
then is good as it helps to keep him on his toes. “In the next
5 years, I definitely hope to see my business thrive beyond
what it is today. So my fellow MSME friends, do not give up
easily. Continue to envision your success and maintain your
discipline to achieve your goals.”
Mohamad Yusof
Nikmat Bekal Sdn Bhd
Tumpat, Kelantan
SUCCESS STORIES
Mohamad Yusof Abu Bakar
Ihsan Gas Sdn Bhd
Langkawi, Kedah
“My late father was lucky. His application for the working capital was approved by CGC and that helped him to drive the company further.”
Mohamad Yusof was introduced to his father’s business
of selling cylinder gas while he was an undergraduate at
University Malaysia Selangor (UNISEL). He began as a
security guard at the company and climbed his way up to
being a general worker.
Currently, as the Head of Ihsan Gas, Mohamad Yusof is
responsible for overseeing the company’s management.
He heard about CGC from the radio and newspaper
advertisements, and contacted the nearest branch to explore
the financing schemes offered by CGC. Yusof wanted to
bring his company to the next level.
CGC has granted Ihsan Gas financing in 1997. With CGC, Ihsan Gas
increased its capital and was able to invest more into the business.
Yusof said entrepreneurs who are starting out or challenged by
their financial limitations should approach CGC for assistance.
“CGC offers a range of opportunities to increase your business
capacity and capability. They help to nurture, grow and expand
your business,” Yusof added. Ihsan Gas plans to emerge as a wellknown,
well-established company with more branches nationwide
and looks forward to being the sole distributor of cylinder gas in
Pulau Langkawi.
SUCCESS STORIES
“To me, the secret to success in business is self-motivation, hard work, not to be afraid of failure, and to be focused in whatever you do. In the next 5 years, I am looking forward to getting more exclusive supply licenses and to sell our products regionally and internationally.”
Immanuel started Villaco Sdn Bhd, a firefighting equipment
supplier 26 years ago in 1993. From Penampang, Sabah,
Immanuel is proud of his achievements and is thankful
to CGC for assisting him to expand his business. He was
first introduced to CGC in 2005 while looking for financial
assistance to expand his company.
“We approached many banks in Sabah but all of them
rejected our application as they required collateral. CGC
helped my company to grow by providing financing and
giving guarantees even though we had insufficient collateral.
I truly appreciate the guidance, especially from the Kota Kinabalu branch.”
Immanuel was an odd job worker until he was introduced to the
field of firefighting equipment. He says he was very eager to
learn and gain experience, and so he took the initiative to get job
placements at firefighting companies and attended courses to gain
knowledge.
“I will certainly recommend CGC to aspiring MSMEs.”
Immanuel Jemy Stephen
Villaco Sdn Bhd
Penampang, Sabah
SUCCESS STORIES
Sarina Bibi Ibrahim
SB Food Malaysia Sdn Bhd
Ipoh, Perak
Sarina started her business in 2015 from her home, where she had a small space to make her products by hand, assisted by one helper.
As her processed food manufacturing business grew, she found
out about CGC and approached the Ipoh branch in 2017.
“I wanted to develop my business further by obtaining better
machinery and to renovate my new shoplot. I decided to move to
a shoplot to enhance productivity,” Sarina said.
CGC provided Sarina with financing for working capital under the
BizWanita-i scheme.
“Without CGC, I may still be doing business at home. Today, my
products are marketed in Brunei, Singapore and the Philippines,”
says Sarina proudly.
In the next five years, Sarina is looking forward to bring her
products to China and Japan, adding that there is a plan to
explore the European market too.
Sarina advises all aspiring MSMEs to always work hard to
grow your respective businesses. “Ups and downs are
normal if you want to develop further. Commitment is very
important.”
SUCCESS STORIES
Ahmad Kamal started Puncak Bumi Utama, a furniture manufacturing company in 2001. Over the years, the company positioned itself strategically as a one stop centre for designing, fabrication, installation and maintenance of furniture and accommodation facilities, particularly among the education institutions.
As the number of universities increased, the company grew from
a small manufacturing outfit to a medium size enterprise. Puncak
Bumi Utama, one of the MSMEs under Tabung Projek Usahawan
Bumiputera (TPUBI) obtained financing under the Direct Access
Financing Scheme (DAGS) in 2006.
In 2016, Puncak Bumi Utama supplied furniture to 31 MRT stations
including the Sungai Buloh Depot and Kajang Depot.
Ahmad Kamal records his appreciation to the CGC Prai Branch for
their unwavering support. He has developed a strong relationship
with the CGC Prai Branch since obtaining his first guarantee and
financing for working capital.
The company has been receiving continuous support and advice
from CGC Prai to further develop its business in the furniture
market. The strong support from CGC which was specially tailored
to meet the company’s requirement proves that a company without
any proper track record is still able to grow.
“Without CGC’s financing and guidance, there is no way
my business would be where it is now. Alhamdulillah, my
gratitude goes to CGC for always being very supportive to
the MSMEs to grow their business to another level in the
industry.”
In the next 5 years, Puncak Bumi Utama is looking to
penetrate into larger markets both locally and internationally,
says Ahmad Kamal, a former civil servant.
“To all aspiring MSMEs out there, be consistent in whatever
you do. Please step up to seek assistance and guidance. Do
your best and grow your business well,” Ahmad Kamal adds.
Ahmad Kamal Chik
Puncak Bumi Utama Sdn Bhd
Seberang Prai Selatan, Pulau Pinang
SUCCESS STORIES
Khoo Kim Hong
Syarikat Kereta Kim Soon Fatt
Seremban, Negeri Sembilan
“I am from Seremban, Negeri Sembilan. I was a shop assistant in my hometown before becoming an MSME as I slowly ventured into the automotive business. It all started when I got to know about CGC from one of the banks that I went to enquire on business financing.”
I walked into the CGC Seremban branch to seek advice on
financial assistance. Without much hassle, I received a Letter of
Guarantee from CGC. It was the Direct Access Guarantee Scheme
for working capital.
Khoo no longer needs our guarantee and said he is very thankful to
CGC for helping him to grow his business. He believes his recipe
for success is hard-work, having a good business strategy, being
focused and wiling to learn.
“I am planning to expand my business in this region in the next 5 years and to get more market share in the automotive industry. I would definitely share my CGC journey with MSMEs in my circle so that they too can benefit. My advice to all aspiring MSMEs, always think out of the box to unlock your potential in business!”
SUCCESS STORIES
In January 2017, Umi Hani took over Yes Good Pharmacy from one of her close friends. As the business just started, it was challenging as customers preferred to go to other pharmacies to obtain their medication.
Over the years, the company has positioned itself strategically
to be an established medicine supplier in Lumut. The number
of customers began to grow and this saw the business
expanding, with more staff hired.
Umi is proud that she has developed Yes Good Pharmacy
into a successful MSME with CGC’s BizWanita-i. With the
continuous support from her husband, Ahmad Syarizal Mohd
Sapian, and guidance from CGC, the pharmacy is now one
of the best in Lumut.
Umi found out about CGC from a bank that she approached
for a loan. CGC gave her financing despite Umi being a new
entrepreneur with no collateral. Umi thanks the CGC Ipoh Branch
for being supportive of her business.
“I am so happy to see the progress of my business. Within two
years, I have come this far. In the next 5 years, I am looking forward
to opening another branch in Perak and to bring in more supplies
to meet market demand. CGC has always supported MSMEs,
enabling them to take their business to the next level.”
“To all aspiring MSMEs out there, don’t be shy to ask for guidance
and assistance. Work hard, never give up. Give your best in
whatever you do”, she added.
Umi Hani Mohd Asmawi
Yes Good Pharmacy
Lumut, Perak
AWARDS
FOR THE YEAR
CGC received wide recognition for our many achievements from domestic and international organisations.
AWARDS FOR THE YEAR
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20 FEBRUARY 2018
2018 OUTSTANDING CEO
Datuk Mohd Zamree Mohd Ishak, President/CEO was awarded the ‘2018 Outstanding CEO’ by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP). The award is in recognition of his contribution in championing the national agenda of financial inclusion for MSMEs and transformation of CGC via the Five-Year Strategic Plan (2016-2020).
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12 JULY 2018
SUSTAINABILITY LEADER OF THE YEAR
Datuk Mohd Zamree Mohd Ishak, CGC President/CEO won the ‘Sustainability Leader of the Year’ from the European Organisation for Sustainable Development (EOSD), ADFIAP and the Association of African Development Finance Institutions (AADFI) in cooperation with the City of Karlsruhe, Germany.
The Karlsruhe Sustainable Finance Awards honours financial institutions, related organisations and President/CEOs for their significant contributions to the field of sustainable financing. -
20 FEBRUARY 2019
MERIT AWARD FOR IMSME
CGC won a Merit Award for imSME − Malaysia’s 1st SME Financing/Loan Referral Platform as an “Outstanding SME Development Project” by the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) in Muscat, Oman.
This award recognises and honours member institutions which have undertaken projects that have created a development impact in their respective countries. -
27 MARCH 2019
THE BRANDLAUREATE SME STRATEGIC BUSINESS PARTNER AWARD 2018-2019
The BrandLaureate Small and Medium Enterprises (SMEs) Strategic Business Partner Award 2018-2019 by the Asia Pacific Brands Foundation (APBF) held at Majestic Hotel Kuala Lumpur. Datuk Mohd Zamree Mohd Ishak, President/CEO received the award at the dinner from Tan Sri Rainer Althoff, Chairman of the Asia Pacific Brands Foundation and Dr KK Johan, President of The BrandLaureate.The award is in recognition of CGC and its pivotal role in assisting Malaysian MSMEs progress in their businesses.
This is the second recognition for CGC by The BrandLaurete. The first award in 2015-2016 named CGC as The BrandLaureate Transformational Organisation Brand Award for its efforts in strengthening the foundation of its brand and improving performance efficiency.
GUARANTEE AND
FINANCING APPROVALS
CHAIRMAN'S
MESSAGE
At CGC, we believe in changing the lives of the micro, small and medium enterprises (MSMEs) that we serve every day. We are also driven by the commitment to reach out to the underserved MSMEs and to bring them into the formal financial system.
Dato' Agil Natt
Chairman
IN CONVERSATION WITH
PRESIDENT/CEO
As access to financing is an important aspect for the development of MSMEs, CGC continues to provide guarantees and financing through our innovative products and services to address their needs at various stages of development.
Datuk Mohd Zamree Mohd Ishak
President/Chief Executive Officer
SUSTAINABILITY
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Our People
We continue to engage and appreciate our employees through various activities anchored by the CGC core values T.H.I.N.K. i.e. Teamwork – Hardworking – Integrity – Nurturing – Knowledgeable.
Progressing in one’s career is an organic process; it does not move in a linear fashion. CGC believes that employees’ growth is best achieved through work experience. Job rotation is a key development tool that opens the doors to learning new knowledge, skill enrichment, and in some cases, re-wiring of one’s mindset and character. It builds multi-skilled employees with the propensity and adaptability to change. Job rotation and re-skilling initiatives makes CGC a lean organisation.
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Economic Practice
We started the CGC Developmental Programme in 2016 with the aim of promoting the growth and development of our MSMEs.
To date, more than 5,400 MSMEs have gone through various advisory programmes in the CGC Developmental Programme. Many have been successful while others are still being nurtured.
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Corporate Patnership
CGC has strong relationships with key industry players and Bumiputera trade bodies. CGC also collaborated with various Government Linked Companies in availing financial assistance to their Bumiputera contractors/vendors, specifically for the TPUB-i product.
PERDASAMA is a NGO with an active membership of 14,000 companies that champions the future of traders and Malay entrepreneurs in the country. Various programmes and activities are organised such as seminars, conferences, forums, trade missions, exhibitions and business-matching. CGC and PERDASAMA worked together on a number of events including the Women Empowerment Programme, the 29th Malaysia International Machinery Fair (MIMF) with PERDASAMA NASIONAL and Coaching On Business Financing for PERDASAMA WANITA members.
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Community & Stakeholders Engagements
CGC registered stronger media presence in 2018 with significant coverage of our events. Our collaborations with financial institutions, business partners and other corporate engagements were well attended and covered by the media.
CGC will continuously reach out to our MSMEs nationwide by leveraging on a comprehensive media strategy which include both mainstream media and social media. We believe a strong relationship with the media is integral to achieving our aspiration To Be The Household Name for SMEs by 2020. CGC has been a proud host to dignitaries, government officials and bankers from around the world as we share our message of financial inclusion through various study visits.
NOTICE OF
A.G.M.
46TH ANNUAL GENERAL MEETING
| DATE: | 20 June 2019 |
| TIME: | 12.00 p.m. |
| VENUE: | Level 7, Bangunan CGC, Kelana Business Centre, 97, Jalan SS 7/2, 47301 Petaling Jaya, Selangor. |
CONTACT
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PHONE: | +603 - 78062300 |
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FAX: | +603 - 78063308 |
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EMAIL: | [email protected] |