In today's advance business world, the point to success is the ability to up date with the velocity of change in accordance to the dynamic business environment. Same principal applied to the players in car dealing and trading. The changes not only confind to local scenario such as economic condition, bank and financial institutions’ change of loan policies, lifestyles of local population and government’s policies on imported cars but also on the international milestone such as policies of the exporters. The obvious example is AFTA. Therefore in order to remain profitable and buoyant the players should be able to be more focus, vigilant and able to adapt changes at any reasonable cost.
Fatima Cartrade Sdn. Bhd. (FCSB) was geared to undertake the trading of new and used imported luxury cars including but not limited to a wide range of models from established car maker such as Mercedes Benz, BMW, Bentley, Porsche, Audi etc.
Importing vehicles from its respective origin proves to be a lucrative business due to the lesser cost involved as compared to the cost of the vehicle if purchased from local suppliers. However the barrier to entry is high for this kind of business due to high capital, accessibility to the relevant authority for the issuance of import permits as well as availability of the international networks for sourcing of the vehicles. FCSB has all the resources and technical know to ensure the success and continuity of the business and it is well poised to face challenges either locally or internationally.
Fatima Cartrade Sdn. Bhd (FCSB) was incorporated on 27th January, 2006 to realized the wishes of Fatima Corporation Sdn Bhd acting as a parent company to restructure Fatima group of companies business focused. FCSB remained dormant until October, 2007 when the new management team was appointed with strict instructions from the parent company for the management of FCSB to steer the company to be the leading trader of imported luxury cars (brand new or used) in Malaysia.
FCSB had spent over RM 500,000-00 to initiate the business. The fund came from its fully paid up capital. Currently, the company has RM5 million working capital. In 2008 the company managed to sell 68 units of Mercedes Benz, BMW, Porsche, Audi, Toyota as well as other models.
FCSB's Managing Director / main shareholder is Tuan Haji Wan Ramli bin Wan Jusoh, who is 49 years old of aged. He holds Bachelor of Arts (Economics Management) from University of Quelph, Ontario, Canada. Our Tuan Haji started his working career in Affin Finance Berhad as the loan officer in 1986. In 1993, he was promoted to be the Head of Credit of Affin Finance, Kuala Lumpur branch. He was once again promoted to be the Branch Manager of Kuala Terengganu Branch in 1995. He left the finance company in1997 to be involved in his family business and was made the Managing Director of the family concern known as Tenaga Wan Bersaudara Sdn. Bhd. (TWSB) until today. Through his hard work and dedication, he had steered Tenaga Wan Bersaudara Sdn. Bhd. into one of the respected and reputable car importers and dealers in the Klang valley.
Having developed TWSB into a respected and reputable car importers and dealers in the Klang Valley, he had decided to extend the business further and incorporated Fatima Corporation Sdn Bhd as the marketing arm for TWSB. With his vast business experiences and knowledge, he subsequently developed Fatima Corporation Sdn Bhd into Fatima Group of Campanies which consists of Fatima Cartrade Sdn Bhd, Fatima Engineering Sdn Bhd, Fatima Publication Sdn Bhd, Fatima Development and WRF Trading Sdn Bhd.
Under Fatima Group, FCSB is the subsidiary handling all aspects of car related businesses.
The other director / shareholder of FCSB is Hajjah Siti Fairus bt Omar, aged 38 years old and the wife to Tuan Haji Wan Ramli. She hold a Diploma in LCCI majoring in PR from Stamford College, Kuala Lumpur. She is not active in the day to day operation of FCSB but playing a major role in developing a strategic plan and future goals for the company.
Both directors are assisted by a staff strength of 12 people that include Operation, Sales, Admin & Account departments.
See Also:
Company Profile
NAME OF COMPANY
Fatima Corporation Sdn BhdCOMPANY REGISTRATION NO. 615385-A
DATE OF INCORPORATION 27hb. Januari, 2006
DIRECTORS
1. Dato Wan Ramli Bin Wan Jusoh
2. Datin Siti Fairus Binti Omar
SHAREHOLDERS
1. Fatima Corporation Sdn Bhd
2. Wan Ramli Bin Wan Jusoh
REGISTERED ADDRESS
E-2B, 2nd Floor,
Excella Business Park,
Jalan Ampang Putra,
Taman Ampang Hilir,
55100 Kuala Lumpur..
BUSINESS ADDRESS
Lot 3074-A Promenade, Jalan Datuk Sulaiman,
Taman Tun Dr. Ismail, 60000 Kuala Lumpur, Malaysia.
Telephone 603-7729 6177, 603-7729 0677
Facsimile 603-7729 3177
E-mail: www.fatima.com.my
EPF No. 14556460
INCOME TAX NO. C 1154589408
AUTHORISED CAPITAL
RM 5,000,000-00
PAID UP CAPITAL
RM 5,000,000-00
COMPANY SECRETARY
Mohd Jefry Bin Md. Ali
(MIA 15662)
AUDITOR
Wan Nazir & Co (AF1234)
No. 50-1, Jalan Sulaiman 1,
Taman Putra Sulaiman,
68000 Ampang,
Selangor Darul Ehsan.
BANKERS
Public Bank Berhad
(Cawangan TTDI)
No. 66, 68 & 70,
Jalan Burhanuddin Helmi, Taman Tun Dr. Ismail,
60000 Kuala Lumpur, Malaysia.
Malayan Banking Berhad
(Cawangan Sri Hartamas)
No. 21 & 23, Jalan 234/70A,
Desa Sri Hartamas,
50480 Kuala Lumpur.
CIMB Bank Berhad
(Cawangan TTDI)
Jalan Burhanuddin Helmi, Taman Tun Dr. Ismail,
60000 Kuala Lumpur.
Company History
Fatima Corporation Sdn. Bhd (FCSB) was incorporated on 16th September, 1997 as a family investment concern. However it remained dormant for several years and only refocused it's scope of business when it was taken by new management on the 11th March, 2003. The new management/shareholders had decided to steer the company to be the trader of imported luxury cars (brand new or used).
In the beginning, FCSB together with its associate, Tenaga Wan Bersaudara Sdn Bhd (TWSB) was involved in the trading of new and used imported luxury cars such as Mercedes Benz, BMW and other recognised luxury brands. TWSB was the recognised and legal Imported Permit (AP) holder with a yearly allocation of approximately 268 APs from the Ministry of International Trade and Industry (MITI), Malaysia and the said allocation authorized TWSB to import those cars into Malaysian market without any hindrance.
Importing vehicles from its respective origin proves to be a lucrative business due to the lesser cost involved as compared to the cost of the vehicle if purchased from local suppliers. However, the risk is high for this kind of business due to high capital layout, accessibility to the relevant authority as well as its high dependency on global economic climax. FCSB has thus far, with all its resources and technical know how manage to survive successfully in this industry and expanding rapidly very year.
FCSB officially commenced operation in December 2003. In the year 2004 the company managed to sell 68 units of Mercedes Benz, BMW, Toyota as well as other various models a year. In 2005 the number of vehicles sold is 83 units and in 2006 the company manage to sell 120 units.
FCSB's former business premises was at No. 23. Jalan Raja Abdullah, Kg. Baru, Kuala Lumpur before moving to No. 266B, Jalan Jelatek off Jalan Ampang, Kuala Lumpur in January, 2005.
However, to accommodate the rapid development and/or expension of its business, the management of the company have decided to move the business to the current address in August, 2007 and the current premise houses the company's operation office, showroom which can accommodate up to 30 units of vehicles at any given time and car wash area. As far as the car business is concerned, FCSB is operating on RM. 5,000,000-00 working capital and with the annual turn overs of around RM. 15,000,000-00.
Effective from January, 2008, the shareholders of FCSB have decided to restructure its business portfolios for more effective and efficient management and to transform Fatima Group into a major player in the local business community. This exercise has led to the transfer of all of FCSB business interests to their respective subsidiaries. The followings are the subdiaries of FCSB with brief of their respective business concerns:-
(a) Motoring industry to Fatima Cartrade Sdn Bhd, and
(b) Construction and engineering industry to Fatima Engineering Sdn Bhd, and
(c) Publication and education related industry to Fatima Publication Sdn Bhd, and
(d) Development to Fatima Development Sdn Bhd, and
(e) General trading to WRF Trading Sdn Bhd.
Today, FCSB remains active in business as an investment arm to Fatimah Group of Companies.
FCSB's Managing Director / main shareholder is Tuan Haji Wan Ramli bin Wan Jusoh, who is 49 years old of aged. He holds Bachelor of Arts (Economics Management) from University of Quelph, Ontario, Canada. Tuan Haji Wan Ramli started his working career in Affin Finance Berhad as the loan officer in 1986. In 1993, he was promoted to be the Head of Credit of Affin Finance, Kuala Lumpur branch. He was once again promoted to be the Branch Manager of Kuala Terengganu Branch in 1995. Wan Ramli left the finance company in 1997 to be involved in his family business and was made the Managing Director of the family business concern known as Tenaga Wan Bersaudara Sdn. Bhd. until now. Through his hard work and dedication, Wan Ramli had steered Tenaga Wan Bersaudara Sdn. Bhd. to be one of the respected and reputable car importers and dealers in Klang valley.
In September, 1997, Tuan Haji Wan Ramli decided to incorporate FCSB to assist Tenaga Wan Bersaudara Sdn Bhd in marketing its vehicles as well as to apply for more Import Permits (AP) from the Ministry of International Trade And Industry (MITI). With his vast business experiences and dedications, FCSB has subsequently developed into Fatima Group of Companies which consists of Fatima Cartrade Sdn Bhd, Fatima Engineering Sdn Bhd, Fatima Publication Sdn Bhd and others as per enumerated later in this profile.
The other director / shareholder, Hajjah Siti Fairus bt Omar, aged 38 years old is Wan Ramli's wife. She hold a Diploma in LCCI majoring in Public Relations from Stamford College, Kuala Lumpur. She is not active in the day to day operation of FCSB but play a major role in developing a strategic and future plan for Fatima Group of Companies.
Contact Persons
Telephone 603-7729 6177, 603-7729 0677
Facsimile: 603-7729 3177
E-mail: info@fatima.com.my
Website: www.fcn.my.id & www.fatima.com.my
Business Hours:
Mon - Fri
08:30 AM - 04:30 PM
CONTACTS
Managing Director
Executive Dirtector
Exeutive Secretary
General Manager
Account Manager