MKT 468: SMALL BUSINESS & ENTREPRENEURSHIP
TAN SRI SYED MOKHTAR AL-BUKHARY
Name : Chok Chia Heng
Section : 5K1
Lecturer: HAZRITA BINTI AB RAHIM
Due Date: 01 JUN 2010
Table of contents:
2.0 Background of Tan Sri Syed Mokhtar Al-Bukhari:
3.0 Business from the beginning to the success:3.1 Earlier stage:3.2 The Empire story of Tan Sri Syed Mokhtar:
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4.0 The social cooperate responsibilities and charity that Tan Sri Syed Mokhtar did to the society:
| 5.0 Recognitions of Tan Sri Syed Mokhtar:
6.0) Conclusion and Recommendations:
This assignment is used to understand the story of a prominence tycoon in Malaysia who is Tan Sri Syed Mokhtar Al-Bukhari. He is one of the successful examples for any of business pupils and entrepreneurs. In this assignment, I would like to write on the part of background of Tan Sri Syed Mokhtar Al-Bukhari to show how a successful entrepreneur suffers in his early stage. The earlier stage of the business from the beginning to success will almost discuss on WHAT the failures that Tan Sri Syed Mokhtar faced. Following by the empire story will discuss HOW this successful entrepreneur climbs up from the failure and HOW he moved to another stages. Besides, this part will also provide the successful fields and plans that he has involved in. The following part of the assignment will show the recognitions that Tan Sri Syed Mokhtar achieved. Last but not least, I would like to conclude my assignment by providing a conclusion which integrates some recommendations (own opinions).
2.0) Background of Tan Sri Syed Mokhtar Al-Bukhari:
When people talk about “Tan Sri Mokhtar Al-Bukhari”, they are almost relate him as one of the richest Malay people and successful entrepreneurs which with a heart of generous and philanthropic in Malaysia. Syed Mokthar al-Nukhary was coming from a mid-low class family of Hadhrami Arab descent in north of Peninsular Malaysia which is Kedah. His higher education only until form 5 levels and cause him could not further his education to college or university. It was because his family condition had forced him to stop continuing his education but to help his family by doing odd job .He was helping his father to breed the cows. Besides, he helped his father to handle and manage the daily book keeping. Moreover, he had to help his mother to sell roti canai and vegetables before his class early in the morning.
3.0) Business from the beginning to the success:
3.1) Earlier stage:
The mediocre-to poor background of Tan Sri Syed Mokhtar al Bukhary forced him had to step into the working world earlier than other people who at the same age. After graduated from his secondary school, he used to do some small business by selling some convenience goods to his neighborhoods. After gaining some incomes, he and his father try to move on another stage which they imported cow from Thailand and sell meats domestically. He contributed all of his efforts by helping his father in breeding cow business. However, the business was not surviving longer as the business washed away by foot and mouth disease. Tan Sri Syed Mokhtar had not given up himself, but he quickly shifted to another sector of business. He moved to expand into the logistics business, with initial goal to transport their trading materials.
3.2) The Empire story of Tan Sri Syed Mokhtar:
After the stormy faced by Tan Sri Syed Mokhtar, he started to begin his business in another areas. In year 1990s, he involved himself in the business of rice dealing in Johor. His rice trading business was very success after awarded the rice trading licenses from Lembaga Padi Negara and the successions of supplier contract government-linked corporations. Today, he has expanded its business to different sectors such as plantation, property development, construction, engineering, power...
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