Faculty of Business and Information Science

Co-Operative Education Coursework Submission Form

Student Name : Mohd Imran Bin Miswan Student ID : 1002060119

Subject Code : KAD1132 Programme : BCBFI

Subject Name : Cooperative Placement 2 Semester : May 2023

Supervisor : Dr. Mohsen Jafarian

Assignment Number/Title :

Due Date :

Assignment Weightage :50%

All work must be submitted by the due date.

If an extension is granted, this must be specified with the extended due date and a signature from the lecturer or tutor.

Extension until: ……………………………………………………. Signature of Lecturer/Tutor………………………………..

Student’s Statement:
I hereby declare that the work submitted is my own. I confirmed that I have read and understood the University regulations with regard
to plagiarism, and that Plagiarism, Collusion and Cheating in this work will be penalized.

Note:
1) You are expected to retain copies of your assignment report. Student Signature …………………………..
2) If you require an acknowledgement receipt of this assignment,
please prepare a duplicate copy of this form. Date …………………………………………..

Receipt of Assessment

Assessment Received by ………………………………………………….…….. Date/Time ………………………….………..

(Name & Signature)

Student’s Checklist: I have met the following Assessment Criteria (Check  relevant boxes) Weightage Mark %

A) Assignment 50%
(1) Submission form 
(2) Cover page 
(3) Format 
(4) Assignment content 

B) Employer Evaluation  50%

TOTAL:Report Grade:

Co-op Supervisor’s Comments:

MARK KEY:
0= Totally
inadequate
1= Very poor effort
2= Minimum
satisfactory effort
3= Fairly good to
Co-op Supervisor’s Signature________________________________ Date _____ good
4= Very good
5= Excellent
Academic Signature: ……………………………………….…….. Date: ……………..…………..

Faculty of Business and Information Science

Co-Operative Education

A coursework completed as part of the requirement for

PROGRAMME : BCBFI
SUBJECT NAME : Cooperative Placement 2
SUBJECT CODE : KAD1132
SUPERVISOR : DR Mohsen Jafarian

COOPERATIVE PLACEMENT ASSIGNMENT

Submitted on
DATE OF SUBMISSION :
DUE DATE :

Produced by
STUDENT NAME : Mohd Imran Bin Miswan
STUDENT ID : 1002060119

SUBMISSION GUIDELINES
1. For those who having TWO Co-Ops in one semester, you should submit 2 assignments and
also 2 Employer Evaluation Forms.
2. Both assignments and employer evaluation should be stated clearly the term of particular
Co-Op (i.e. Co-Op 1, Co-Op 2 or Co-Op 3)
3. Assignment should be submitted in CN Dropbox by the stipulated date given .
4. Assignment should be submitted to Co-Op Coordinator: Dr. Mohsen Jafarian in the CN
only together with the completed submission form in following order:
i. Submission Form
ii. Cover Page
iii. Assignment
5. The Employer Evaluation form should be submitted to following link :
https://docs.google.com/forms/d/e/
1FAIpQLSdqlSGQeNk2NlFd3OgE601tS3wxJzC1UoXuiY_0s1zhYktxlg/viewform?
usp=pp_url
Check Employer Evaluation status in:
https://docs.google.com/spreadsheets/d/1f-
3c_kr813qWiyTKvip9tz6X9G0eys8Txn5i_861bks/edit?usp=share_link
* Should employer would like to send the evaluation form directly to the Faculty, they may
email to fbm_coop@ucsiuniversity.edu.my
6. The Coop Assignment Submission Date:
May - June Duration
Assignment : 9th June 2023
Evaluation Form: 30th June 2023
 
July - August Duration
Assignment : 4th August 2023
Evaluation Form: 30th August 2023

 Should you fall in between Feb - March, please follow the March - April duration. 

Late within a day Deduct 10 marks

Late within two days Deduct 20 marks
Late within three days Deduct 30 marks
Late thereafter Zero mark will be awarded

LATE SUBMISSION IS NOT ACCEPTABLE and MARKS WILL BE DEDUCTED

AS SHOWN BELOW.
 7. For inquiry regarding Co-Op, do not hesitate to contact Dr. Mohsen Jafarian (Co-Op
Coordinator for B.Sc. (Hons) in Finance and Investment Programme) at
mohsen@ucsiuniversity.edu.my. For Emp. Evaluation, contact Ms. Noramira only.
8. The consequences of not following these guidelines will be solely on student responsibility.

Format of assignment:-

 Font Size:- 12
 Font Type:- Times New Roman
 Line Spacing:- 1.5 lines
 Alignment Justified
 2cm Top and Bottom Margins 2.5cm Right and Left Margins

INSTRUCTIONS

Answer all questions. Your response must be based on your work experience in the organization
where you undergone internship. Your answer should not exceed 2,500 words.

Questions:

Questions:

Q1. Describe the organization in terms of:

i. Background or history of the host company (5 marks)

ii. Types of Products/ services offered (5 marks)
iii. Overview of the industry that host company is involved in (10 marks)

Q2. You are required to explain comprehensively and give comments in your own words on the
accounting and/or finance courses applicable in relation to the host company’s practice/s.
(ie: Preparation of Financial Statement, Investment/ Ratio analysis and etc) (15 marks)

Q3. To the best of your knowledge, describe the compliance of the host company to the
accounting standard.
(15 marks)

(TOTAL 50 MARKS)
Q1. Describe the organization in terms of:

i. Background or history of the host company (5 marks)

ii. Types of Products/ services offered (5 marks)
iii. Overview of the industry that host company is involved in (10 marks)

The company that I enrolled for Cooperative Placement 2 is Seedset Sdn Bhd. The company
was established and incorporated in 2018 by its founder, Agnes Wong. The company is a
professional firm providing mergers and acquisition (M&A) transaction advisory services
management consulting services to multi-disciplinary clientele ranging from financial and
technology ("FinTech"), online marketplace, supply chain management software, payment gateway,
distributors, constructions, etc. Our team had served clients from North America, Southeast Asia,
Middle East, and Australia. Seedset Sdn Bhd act as a boutique sell side investment bank specialises
in mergers and acquisitions (M&A) transactions for its wide range of clienteles.

The M&A Activities globally is expected to remain robust over the next five years.
Companies tend to engage in M&A activities to drive growth, expand market presence, adapt to
new technologies and to diversify its product portfolio. M&A is seen as a strategic approach done
by many companies to achieve inorganic growth by acquiring or merging with another company.
According to research by PWC, the global M&A industry in 2022 showed a decline in both deal
values and volumes by 17% and 37% respectively compared to 2021. From the regional aspect,
Asia pacific had also shown declined deal values and volumes by 23% and 33% in the same period.
PWC mentioned that the reason behind the declining trend in M&A activities were contributed by
the prolonged Covid-19 pandemic and weakening demand for exports.

On the other hand, the M&A landscape in Malaysia was robust in 2022 due to several
factors. As companies were looking to diversify themselves from China due to trade tensions with
the United States, they were looking for merging or acquiring companies in the Southeast Asia
region including Malaysia.  Moreover, companies in Malaysia are looking at deals as a strategy to
expand their businesses quickly in the coming years or refocus on their core business activities
according to PWC research. Malaysia economic growth also predicted to remain robust in the next
five years based on the GDP growth in 2022 of 8.7%. Research by Alpha Sense has shown that the
focus in M&A activities are in renewable energy space. As companies catch up with the
Environmental, Social and Governance (ESG) trends, they tend to acquire the companies that
already engaged in the renewable energy sectors. The government of Malaysia also supports the
renewable energy initiative with the establishment of Sustainable Energy Development Authority
(SEDA) in 2011 thus may spur an increase in M&A activities among the renewable energy sectors
in the coming years.

Some of the key players in Malaysia in the M&A industry are large investment banks and
boutique advisory firms. Most of the large investment banks such as Maybank Investment Bank,
Kenanga Investment Bank and RHB Investment Bank had their own M&A advisory department
specializing in corporate finance and fundraising. Boutique advisory firms such as Seedset
Advisory, Quantephi Advisory, DWA advisory and Abeam Consulting are among the industry
players in the boutique advisory firm segment.

Q2. You are required to explain comprehensively and give comments in your own words on the
accounting and/or finance courses applicable in relation to the host company’s practice/s.
(ie: Preparation of Financial Statement, Investment/ Ratio analysis and etc) (15 marks)

Seedset Sdn Bhd is an advisory firm specializing in corporate finance and M&A transaction.
As an intern, I have been given various tasks to support the company’s operations. One of the tasks
that was given to me was bookkeeping, for which I had to include the transactions and expenses of
the staff into accounting software. Other than that, I was also given a task relating to M&A
transactions for which I had to do buyer research for the selling company. Buyer research basically
requires finding the relevant information and shortlisting possible companies that may be a buyer
for the selling company. The process of buyer research requires thorough analysis of the selling
company to determine the suitable buyer candidate for the possible M&A transaction.

Furthermore, I also gained some experience in making and constructing financial models to
arrive at a suitable valuation for the selling company. When making financial models, knowledge
on financial ratios were applied to make forecasted series of cashflows from the income statement
and the balance sheet and the common method to value a company is by using Discounted cash
Flow (DCF) and Enterprise Value (EV) method.
Q3. To the best of your knowledge, describe the compliance of the host company to the
accounting standard.
(15 marks)
Seedset Advisory is a company registered as a private limited company under Suruhanjaya
Syarikat Malaysia (SSM). As aregistered company, it must adhere to the relevant accounting
standards such as producing the annual financial statements