According to the SME Corporation Malaysia, SMEs are defined as firms with sales turnover not exceeding RM50 million: Financial Management Assignment, UKM, Malaysia

University Universiti Kebangsaan Malaysia (UKM)
Subject Financial Management

According to the SME Corporation Malaysia, SMEs are defined as firms with sales turnover not exceeding RM50 million OR number of full-time employees not exceeding 200 for the manufacturing sector, and sales turnover not exceeding RM20 million OR number of full-time employees not exceeding 75 for the services and other sectors.

The definition covers all sectors, namely services, manufacturing, agriculture, construction, and mining & quarrying.

SMEs must be entities registered with SSM or other equivalent bodies, and exclude publicly-listed companies, subsidiaries of MNCs, GLCs, MKDs, and state-owned enterprises.

SMEs are further classified into micro, small, and medium categories based on their sales turnover and number of full-time employees as shown in Table 1.


There are also other definitions of SMEs by different sources, such as Lembaga Hasil Dalam Negeri (LHDN), which defines SMEs as companies resident in Malaysia with a paid-up capital of RM2.5 million or less and not related to any company with paid-up capital of more than RM2.5 million.

Are You Searching Answer of this Question? Request Malaysian Writers to Write a plagiarism Free Copy for You.

Get Help By Expert

Excel in Financial Management with Professional Online Assignment Assistance. Malaysia Assignment Help is your trusted platform for Finance Assignment Help at Universiti Kebangsaan Malaysia (UKM). Our skilled experts offer personalized guidance and solutions for your finance assignments, ensuring thorough understanding and timely submissions. With our affordable pricing, 24/7 availability, and commitment to academic excellence, we guarantee your success. Contact us today and experience the difference in your financial management studies.


Recent Solved Questions

Online Exam & Assignment Writing Services

11770+ Orders Delivered

5 Star Rating

Confidential & Secure Assignment Help For

Group Assignment Help

Online Exam -Test & Quiz

Cheapest Price Quote

Diploma & Certificate Levels

Semester & FYP Papers

Summative & Individual

GBA & Reflective

Last Minute Assistance

Sample Assignment Download

AFC718 Legal Aspects Of Forensic Accounting Assignment Example UiTM Malaysia
The course is concerned with teaching students the legal principles involved in various aspects of law, including crime and evidence. The three most popular accounting niches for Forensics accountants are…
OBM301 Information And Research Skills For Office Professionals Assignment Sample Malaysia
The information and research skills that you learn in this course will help to further your professional development as an office professional. The knowledge of how best practice professionals use…
Assignment Sample


Instant Paper Writing Services by Native Malaysia Writers

Plagiarism Free Solutions
100% Original Work
24*7 Online Assistance
Native PhD Experts
Hire a Writer Now

Get Assistance for Assignments, online Exam, and Projects Writing