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ALLAHYARHAM TAN SRI SM NASIMUDDIN BIN SM AMIN

INTRODUCTION

1.

Entrepreneur is as people who is work up the industry namely entrepreneur.

Entrepreneur intended as job by industry or trade on big scale job. Apart from entrepreneur is a businessman that should be taking risk combine factors of production including capital, labor, material and receive reward through profit from the good's market value. In easy words, an entrepreneur going to act as people who manage something economic activity especially organize, own, manage and bear a business risk and is one innovator which could cause to something new innovation.

2.

Entrepreneur also is a manager that led the business and gets all proprietorship

authority up to that business. As such it bears business risk. An entrepreneur has the vision and should expand business for society's prosperity. Entrepreneur also would be someone that wants to have freedom in their business, make own decision and further want to success on their own effort.

3.

In conclusion, an entrepreneur also a dealer which involves with self effort to create own

products, give priority to success and satisfaction not just thinking about profit only by follow all reform to increase creativity. To a competitive entrepreneur, it was a challenge which requires deep research to survive by think forwards and always think to progress in future for long term.

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RESTRICTED AIM 4. This working paper distributes to analyze the leadership and the quality of Tan Sri SM

Nasimuddin SM Amin.

SCOPE 5. This working paper includes 3 scopes : a. Discussion (1) (2) (3) (4) (5) (6) (7) c. d. Biography Early involvement See and seize the chances Believe on self ability Issues Contribution Become history

Conclusion Recommendation(s) DISCUSSION

6.

BIOGRAPHIES

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a.

Background (1) Name (2) Date of Birth (3) Job (4) Wife : Tan Sri SM Nasimuddin SM Amin. : Year 1955 at Kuala Pilah, Negri Sembilan : CEO Naza Group.1 : Mrs Sri Zaleha Ismail.

(5) Number of Childrens : 11. (6) Passed Away : 2 Mei 2008 at Los Angeles, California, United States2.

b.

Tan Sri SM Nasimuddin SM Amin was born around year 1955. He ever

interested on car and automobile industry. He receives early education in Sekolah Rendah Tunku Munawir from 1961 until 1966. He also receives education in Sekolah Menengah Tuanku Muhammad, Kuala Pilah, Negeri Sembilan.

7.

EARLY INVOLVEMENT

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RESTRICTED a. In year 1974, when he is 19 years old, he already saved RM 80,000 in the bank

account as a result from helping his father as a contractor and he saved the salary. He starts his automobile business with a provision Approved Permit (AP) to import foreign manufacture car. The profitability of this job results worth a million ringgit in a year.

b.

Tan Sri SM Nasimuddin SM Amin is one of the malay businessmen and

entrepreneur that had succeed in Malaysia. He is the Kumpulan Naza Managing Director which was established in year 1979. He involved in various types of business such as motor business, hotel, plantation, engineering, freight service, machine tool,

manufacturing, agency insurance and so on.

c.

In that year, Tan Sri SM Nasimuddin showed his business ability when he

decided to import car - Japanese car where at the time made car Japan is popular among Malaysian people. He has to face several challenges, including financing and how to get customers' confidence - customer to buy the used car when many between Malaysian less interested in foreign car. However the enthusiasm and belief in the business making his business continue to strive for direct success3.

d.

To success, you must be comprised interest with what you doing and you must

know what you doing. You should plan first and should got direction, he said. In your business must be start from small, do the study and walk one step for move. he said. Despite being a businessman that highly successful, Nasimuddin said he has not

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RESTRICTED changed much. One of the difference is that I began with five staff and now I have about 4,000 people, he added.

8.

SEE AND SEIZE THE CHANCES

a.

Effort and attitude in looking and seize on something that had been Tan Sri

Nasimuddin doing can be seen when he bought 20 AP4 ( Approved Permit ) pass to Japan, where he finish three months and bring back first 20 units Japan used car which successfully sold in the course of three months. He starts automobile business in a shop at Taman Maluri and sell 10 to 15 unit car in a month. In year 1979, he opens his new branches in Kampung Baru, Kuala Lumpur to further his retailing business and sell 40 to 60 unit cars in one month. Through this experience, he acquire efficiency to find and identify the business opportunity that exists and capable to expand through the market. This competency was a important factor in success and a business endurance also extended the business life.

9.

BELIEVE ON SELF ABILITY

a.

Tan Sri Nasimuddin is one who got the self believe which is important factors in a

entrepreneurship. This case can be seen through his interest to buy 40 % interest and take over national car industry Malaysia, PROTON that reportedly faced finance crisis. He said that he already outline the plan to restore Proton if Malaysian governments allow
4

http://wn.com/SM_Nasimuddin_SM_Amin He started his automobile business with an allocation of Approved Permits (APs) to import foreign cars. APs are government-issued permits to import cars for bumiputras. He made his first million in about a year.

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RESTRICTED him buy that company importance of control. This attitude can be seen when a person in entrepreneur are not afraid to try at any risk that will be faced. With well-read and collecting knowledge especially in fields that specialized is one of the method increase the self confidence. Having belief on self ability to achieve something that had been wishing for by expressing feelings and believe on the ability in working something out or answer the challenge.

10.

THE ISSUE OF IMPORT PERMIT

a.

Naza have been criticized before by Parliament members and former Prime

Minister, Tun Dr. Mahathir because had caused loss national owned company, PROTON suffer losses due to Naza brought in foreign car on a large scale are mainly from South Korea purportedly cheaper compared PROTON made's car. Naza also criticized by Tun Dr. Mahathir because has been granted Approved Permit (AP) which many from the government. Dr. Mahathir state a company not could bring in imported car on a large scale. Opposition leader have convicted Minister of International Trade and Industry, Rafidah Aziz who is also in-laws parents to Nasimuddin involved in APs grant that too many to Naza and all this while have invoked power that he there is to develop Naza. However most that permit approved during Tun Mahathir rule itself and this criticism carried out after his withdrawal.

11.

NATIONAL CAR ISSUE

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RESTRICTED a. Rafidah Aziz and government has been criticized by Dr. Mahathir because has

given Kereta Nasional standard namely Malaysian made car to MPV that generated by Naza, Naza Ria. Dr. Mahathir said Naza Ria could not be granted Kereta Nasional standard because it ratted on Kereta Nasional classification that is fixed by the government. Either reason why Dr. Mahathir criticise the status conferral to Naza Ria are because many of the vehicle components produced in Korea and stand out a mile it is made car Korea not Malaysian made car. Naza management just kept shut and has not issued any the statement this criticism.

b.

Naza alleged be successfully a company which successfully because the

existence of Rafidah Aziz that can influence decisions Cabinet in the economic matter especially automotive affairs. It refuted by Rafidah Aziz by stating all opportunities achieved by Naza given fairly and free from the wrong use of power.

12.

WILLPOWER

a.

Attitude that residing within Tan Sri Nasimuddin make his company got 14

business division which covered various industry such as cigarette distribution, credit and rental, engineering, hotel, insurance, engine spare part, manufacturing, automotive, property, transport, cultivation and water vehicle that had been created by him. Do not feel fed up to find the objective and right attitude that is always strived to overcome any problems that occur to achieve that goal.

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RESEARCH AND DECISION MAKING 7 of 18 RESTRICTED

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a.

Starting with just only sells the used car imported from Japan, he then

collaborating with foreign company and finally sell locally-made car under own brand is that one of the examples from entrepreneurial features that had been use from the information or research. He has survey several ways that carried out to enhance experience, improve achievement and business performance that led. Apart from that, in order to be an entrepreneur that succeeds, he has invoked the market study and making analysis for market.

14.

FIRMNESS

a.

His firm attitude can be seen through his action through voice opinion or idea

direct to a person and dare to act although forced to face resistance from other party. He ever involved in import permit controversy in year 2005, when titled "Raja AP". There is claim that he and three most important industrialists is being monopolize import permit production that produced by government to Bumiputra entrepreneur to import car. The government claimed to produce tens thousands vehicle import document to him for free each year that sold with AS$8,500 price each. This controversy heated Parliament and UMNO General Assembly. His firmness in facing this controversy has led the compromise where, Malaysian cabinet have stop the import permit system and work with a new automobile policy.

12.

CONVINCE OTHER

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a.

Entrepreneur necessary capable to convince others by show themselves and

giving confidence to clients to buy goods or service that traded. Entrepreneur should have some quality and can show themselves in front of the people and entrepreneur should intelligent and experience. Former Prime Minister Tun Dr. Mahathir Mohamad regard Tan Sri Nasimuddin as one examples of successful in the New Economic Policy (DEB). Where he got his own approach to expand business starting by selling used car imported from Japan, then collaborating with foreign company to generate and sell locally-made car under his own brand.

b.

Naza group now have 14 business division which covered various industries

such as cigarette distribution, credit and rental, engineering, hotel, insurance, engine spare part, manufacturing, automotive, property, transport, cultivation and water vehicle that had been created by him5.

c.

Apart from that, he also the founder of football club, Kuala Muda Naza FC that

based at Kuala Muda, Kedah and he also owns TTDI Development that is one of most important estate company in Kuala Lumpur.

d.

Tan Sri Nasimuddin reportedly keen to buy 40 % interest and take over national

car industry, PROTON, that reportedly faced finance crisis. He said that he already outline the plan to restore Proton if Malaysian governments allow him to buy that company importance of control. He also have planned his factory construction that worth
5

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RESTRICTED RM1.2 billion in Bertam, Penang. In April 2008, he joins food business by launching Bubba Gump Shrimp Co. Restaurant and Market in Malaysia.

e.

As a response from the Israeli cruelty, NAZA Group party committed help

Palestinians in Gaza. Naza Group of Companies under Yayasan Naza contribute RM500,000 for Amanah Kemanusiaan Rakyat fund Palestinian to help on reducing suffering that borne by Palestinians. SM Nasarudin, CEO Naza Group of Companies inform that it is a part of company objective to help group that oppressed. The cheque was ceded to Datuk Abdul Rahim Bakri, during Peugeot official launch 308 on 29th of January 2009 in Shangri - La Hotel, Kuala Lumpur. The car had been launched by YAB Dato' Sri Najib Tun Razak. Naza Group staff of Companies also contribute RM6,800 to the collection in that event.

13.

AWARDS AND RECOGNITION

a.

As appreciation on service and his contribution, SM Nasimuddin conferred

several awards and title, including Panglima Setia Mahkota award ( P.S.M. )6 by DYMM
6

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RESTRICTED Seri Paduka Baginda Yang DiPertuan Agong, which brought title Tan Sri. Apart from that, he also awarded the Industry Service Medal, South Korea President, from Son Sang Ha, the ambessador who come to Malaysia on behalf of South Korea President. That award was given because his contribution on automotive industry. He is the first Malaysian that was given award from that country7.

14.

BECOME HISTORY

a.

Founder and Chairman of the Naza Group, Tan Sri SM Nasimuddin SM Amin

died of lung cancer on Thursday morning in Los Angeles, California on May 2, 2008. Nasimuddin, 53, who is also Chief Executive Officer, received cancer treatment at a private hospital in Long Beach since January 2008. b. Puan Sri Zaleha Ismail and their children in the presence of late when his last

breath at about 9 am local time. Malaysia's Islamic Society of North America has been managing the delivery of the corpse to Malaysia and held funeral prayers at the Islamic Centre. He was laid to have flown to Malaysia with Malaysia Airlines.

c.

Al-Fatihah to the late Tan Sri Nasimuddin. May he be placed among those who

believe. A great loss to the country and hopefully many more Muslims, the Malays succeed like him.

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RESTRICTED CONCLUSIONS

a.

The conclusion that we got based on our paper project topic, Tan Sri SM

Nasimuddin SM Amin, is by through interest on something, it can urge success such as his words, For achieve succeed you must like what you doing and you must know what you will going through. You must have some plan and had direction and in your business, it must be start from small and walk step by step.

b.

Apart from that, he have perspective plan and short-term by gathering some

money as much as RM 80,000 at the age 19 years by helping his father that work as contractor to buy the used car from Japan. He also clever in taking the opportunities by selling Japans car which at that time, the Malaysian like to use Japan product and hold Malaysian franchise to South Korea for Kia's cars and French for Peugeot's cars. He also holds the import permit for Mercedes Benz's and Mazda.

c.

His behavior as an entrepreneur successfully shows in making decision and

giving some opinions. This attitude was shown when he denies the case which ten thousands production controversy imported car permit document given to him by the government d. with certain value.

Self-confidence inside himself was benefit the country and save national pride by

buying 40 percent the stake of national car production company, PROTON that experience economic crisis result financial problem and was saved that company.

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RESTRICTED e. Through successes that are achieved by him he also is awarded by some title,

including Panglima Setia Mahkota award ( P.S.M. ) by DYMM His Majesty Baginda Yang DiPertuan Agong, which brought title Tan Sri. Apart from that, he also awarded the Industry Service Medal, South Korea President, from Son Sang Ha, the ambassador who come to Malaysia on behalf of South Korea President. That award was given because his contribution on automotive industry. He is the first Malaysian that was given award from that country.

RECOMMENDATION(S)

a.

Tan Sri S.M. Nasimuddin is an example of a Muslim businessman and the

diligent Muslim corporate features that can compete in the highly competitive business in Malaysia.

b.

Nasimuddin proves that monopolies are not Muslims can break if we understand

the market and the products we serve to the open market. Tan Sri S.M. Nasimuddin has passion to the field of business where the business is his hobby as well as cars.

c.

Hobby or passion for an activity if the state will bring in profit. Enthusiasm and

passion will lead to employment is no longer painful. Work and 'play' has become a matter that cannot be separated. If a business is much longer, thorough and high quality

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RESTRICTED food we can bypass the nearest opponent and managed to get more customers. Here are excerpts of the writer in connection with Tan Sri SM Nasimuddin.

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