Saturday, September 1, 2007

Ideal Capital to come to Phnom Penh

Ideal Capital wins BPO jobs for RM2bil projects

Datuk Alex Ooi
PENANG: Ideal Capital Intelligence Sdn Bhd, a Penang-based company specialising in business process outsourcing (BPO) services, has secured residential and commercial projects with an estimated gross sales value of over RM2bil.

Chief executive officer Datuk Alex Ooi said these projects included the RM1.1bil Cambodia World Trade Centre in Phnom Penh, the RM52mil Semantan One commercial complex in Kuala Lumpur, the RM350mil Fei Fei eco-tourism resort in Shenyang, China, and RM500mil The One-Penang Cyber City commercial project.

An artist’s impression of Ideal Capital projects in Cambodia.
“These projects will kick off between September and early 2008,” he told StarBiz.

Ideal Capital's BPO services allow its clients from the property, construction, and infrastructure sectors to outsource their short- and long-term property development needs to the company.

These services cover business concept planning, marketing, evaluation and monitoring, as well as financing.

“Our objective is to help clients reduce the development cost of their projects by at least 10% while boosting the gross sales value by at least 30% to 40%,” Ooi said.

Projects handled by Ideal Capital include Attwood Business Centre and Ideal Garden Homes that were completed early this year in Phnom Penh, and for which gross sales value increased to RM42.5mil from RM27.2mil.

Ooi said the company’s revenue was generated from fees and share of profit.

“Last year, we generated RM40mil in revenue. This year, we expect revenue to grow to RM40mil due to the increase in the number of large-scale projects secured.

“We plan to franchise our business model to Vietnam, China and Cambodia next year. We are also going for listing in the Hong Kong Growth Enterprise Market board in early 2008,” he said.

No comments: