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JADE - TULIP, Jade Group, Jade, P/s: The acquisition of TULIP had to be…

- - - - Wholly owned company of
        
        ORCHID
        (paid up capital 2m)
  - - - Occupancy rate might increase
  - - - Might be achieved w the support from Diamond staff + strong marketing team
  - - - 39 single
      - 96 double
      - 107 triple
      - 5 suite
- - - - Ruby
      - Amethyst
        
        Blue Diamond
        
        Delima
        
        Newly-acquired, still not operational
        
        Azurite Malachite
        
        Dormant
        
        Operate budget hotel & travel agency in Kelantan
        
        Customers
        
        Gov dept
        
        Private parties
        
        NGOs
        
        Individuals
        
        Events
        
        Seminars
        
        Conferences
        
        Meetings
        
        Cater for formal & informal fx
        
        Manage 2-star apartment accommodation
        
        Provide long-term accommodation to staff, students & public
        
        88 permanent & contract employees
        
        Provide practical training for hospitality mngmt students
        P/s: Didn't have extensive experience in hospitality industry
      - Pearl
        
        Property maintenance, cleaning services, investment holding, training & consultancy, mngmt, techonolgy
      - Sapphire
    - - Crystal
        
        Restaurant
  - - - Investment Committee
      - CEO
        
        Industrial Relations
        
        HR
        
        Account, Finance & Procurement
        
        IT & Administration
        
        Business Development
        
        Internal Audit
      - Audit & Risk Mngmt Committee
  - - - 20.7m
        
        15.6m
    - - 46,254
        
        210,571
    - - 10.6m
        
        6.3m