Chemical Industry Essay

Words: 9477
Pages: 38


Today management is needed in all types of organizations regardless of their size, at all organizations levels and in all work areas. Strategic management is an ongoing process of formulating strategies for the organization that bring profit to the organization and create harmony between organization and its environment. Thus, this paper is meant to study the strategic management of Chemical Company of Malaysia. There are involved in the strengths that the organization already possess for the achievement of its objectives, weaknesses that hinder in goals accomplishment, opportunities and markets that can be exploited in favour, and threats that are present in external and internal environment, or called as SWOT analysis. This
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CCM increased to 63.19% after Mandatory General Offer | 2005, July | The Ground Breaking Ceremony of CCM Pharmaceutical’s second plant in Bangi | 2005, July | CCM signed S&P Agreement to acquire 33.4% of Duopharma Biotech Berhad | 2005, October | Duopharma becomes a subsidiary of CCM | 2005, October | Duopharma awarded contract to supply methadone for the rehabilitation of drug addicts at selected pilot sites for a trial period of six months | 2005, November | Duopharma awarded a RM9.5 million contract by Ministry of Health to supply drugs for HIV/Aids patients to all government hospitals in Malaysia for 2 years | 2005, November | The opening of CCM Vietnam office | 2006, May | CCM's InnovaxSdnBhd and Golden Hope Research Ink MOU to R&D Herbal Healthcare and wellbeing products | 2006, May | Duopharma Biotech rebranded to CCM Duopharma Biotech | 2006, June | CCM International SdnBhd, a wholly owned subsidiary of CCM Berhad, acquire 100% of Duopharma Trading in Singapore | 2006, October | CCM invested 5% stake in Synergy America Inc., a vaccine R&D company in USA | 2007, January | Ground Breaking Ceremony of CCM Fertilizers Division plant in Bintulu | 2007, March | CCM signed S&P Agreement to acquire Malayan Pharmaceutical's established brands and assets for RM22 million | 2007, June | The opening of CCM Siam Office in Bangkok, Thailand | 2008, January | CCM Duopharma appointed Leonard Ariff Abdul Shatar as its new CEO |