Corporate Finance plays a vital role in meeting the financial requirements of the
Group. Arrangements of banking facilities at the most competitive rates, together
with effective and efficient deployment of cash, are key activities of this department.
At JBL, emphasis is laid on the development of strategies as well as on annual operating
plans. Corporate Finance appraises such plans including new venture proposals and
assists the Board of Directors to develop and agree to the future direction. It
also monitors Group performance against the budgets and highlights critical issues
to senior management for timely decisions.
Other activities of the Unit include Group taxation and formulation of financial
and accounting policies, including limits of authorities.