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All Journal International Journal of Engagement and Empowerment (IJE2) Indonesian Journal of Business, Accounting and Management
Hadi, Abdul Razak Abdul
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Humanities Economics, Econometrics & Finance Education Other

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INTERNATIONAL COMMUNITY SERVICE THROUGH AZAIB HOLDINGS' DEVELOPMENT STRATEGY IN PREMIUM CHOCOLATE INDUSTRY IN KUALA LUMPUR, MALAYSIA Nawir, Jubaedah; Yulivan, Ivan; Hadi, Abdul Razak Abdul; Saragih, Guntur Syahputra; Putriningtyas, Indira; Dedari, Sintha Yulia; Supriadi, Yudi Nur
International Journal of Engagement and Empowerment (IJE2) Vol. 4 No. 3 (2024): International Journal of Engagement and Empowerment
Publisher : Yayasan Education and Social Center

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53067/ije2.v4i3.190

Abstract

The International Community Service Team between UPN Veteran Jakarta Lecturers and Students in Kuala Lumpur chose Azaib Holdings Sdn Bhd as a partner in implementing a community service program, which aims to empower the community through a premium chocolate company development strategy. Azaib Holdings, a Malaysian SME focused on healthy and high-quality chocolate products, faced funding constraints but sought to increase production capacity to face competition in the premium chocolate market. This program uses the method of direct visits to production sites at Mara Refinery (KIMAR), interviews with management, and operational observations to provide solutions in improving efficiency and resource utilization. The results show that with the merger of Azaib Holdings with KIMAR, the company has succeeded in reducing operational costs related to facility maintenance and waste management, which is now the responsibility of KIMAR. The program also contributes to upskilling local communities, strengthening their role in the chocolate industry, opening up new job opportunities, and increasing the competitiveness of local products in the international market
Assessing business and financial risks: A case study of Sapura Energy bhd in the oil and gas industry Amin, Ikmal Arif Mohamad; Hadi, Abdul Razak Abdul
Indonesian Journal of Business, Accounting and Management Vol. 6 No. 1 (2023)
Publisher : Sekolah Tinggi Ilmu Ekonomi Indonesia Jakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36406/ijbam.v6i01.884.145

Abstract

The study extracts documentary evidence from financial reports and deploys descriptive statistics analysis to understand Sapura Energy’s financial profiles and competitive edges. This study also deploys descriptive statistics and trend analysis to understand Sapura Energy’s financial profiles and competitive edges. Sapura is one of the local pioneers that provides engineering services in the entire value chain for oil and gas exploration, development, and production. Sapura Energy was a national pride once as it was geared towards becoming a sustainable global energy and engineering solutions company. However, Sapura Energy’s underperformance for the past 10 years has become debatable. Sapura is experiencing a burdensome debt from large overdue payments to vendors and some operational issues exacerbated by the COVID-19 pandemic from 2020 to 2021. Sapura should consider downsizing its business operations and recalibrating its capital structure to mitigate most business and financial risks.  Note: This article serves as a restored version of the original content following a corruption incident. The Digital Object Identifier (DOI) has been successfully re-registered and reactivated to ensure continued accessibility and citation integrity.
Co-Authors Amin, Ikmal Arif Mohamad Dedari, Sintha Yulia Ivan Yulivan Jubaedah Nawir Putriningtyas, Indira Saragih, Guntur Syahputra YUDI NUR SUPRIADI