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Tan Sri Dr Yahya Awang says he plans to assemble a strong team of cardiac, vascular and related specialists. KUALA LUMPUR: Tan Sri Dr Yahya Awang, a founder and the former head and medical director of the National Heart Institute (IJN), has been appointed as chairman and founding partner of a cardiac and vascular centre to be opened in Kuala Lumpur Sentral CBD. He will lead a team of established doctors to provide services to the public, according to a statement from Cardiac Vascular Sentral Kuala Lumpur Sdn Bhd (CVSKL), which is redeveloping lifestyle centre Sooka Sentral as the 70-bed healthcare centre. TE Asia chief executive officer Eng Aik Mengsaid the company was excited to be able to continue investing in the high-growth healthcare sector in Malaysia, and was delighted to have a renowned Malaysian cardiac figure like Yahya joining it. According to the World Health Organisation, cardiovascular diseases account for 36% of all deaths in the region, compared to a global average of 31%. CVSKL said despite this, Malaysia had one of the lowest numbers of cardiologists in the world, with about six cardiologists per one million citizens. It said Health Scan Malaysia would support in developing the cardiac and vascular hospital.

TPG Capital, which funds TE Healthcare, is the global buyout group of TPG, a private investment firm founded in 1992 with over US$74bil (RM316bil) of assets under management. Over the next year, I will look to assemble and establish a strong team of cardiac, vascular and related specialists, and ensure the hospital is well-equipped to deliver excellent care to our patients,” he said. Whenever you create an asset, you have to invest that money out of your own capital or you need to take loan. But, where do I mention the profit of my business?”I: “Well, whatever profit you make, you add as a ‘surplus’ to the capital.
So, I have some cash with me and some in bank, this is my asset, right?”I: “You are spot on Darshan.
I could see a new-found confidence on Darshan’s face today.Refining the Balance Sheet Concept FurtherBy now, you have had a basic idea of balance sheet.
It is called ‘contra’ or ‘contrary’ because these assets have credit balance.Anyways, assets include items like inventory, cash, accounts receivables, land, buildings, goodwill, equipments, bond issue costs, supplies, petty cash, prepaid insurance and others.

They are the obligations which must be fulfilled by the company, such as advances received for work or paying creditors.
It is called ‘contra’ or ‘contrary’ because these liabilities have debit balance.Liabilities include payables, such as salaries, wages, accounts, warranty, lawsuits, interest, income taxes, bonds, customer deposits, unearned revenues and other accrued expenses.
There are further bifurcations that take place as per the assets and liability divisions undertaken by the company in question.EndnoteI hope now you understand the meaning of a balance sheet. If not, watch video on this page.Next Batch Starts on 3rd October, 2016Our Full Time Financial Modeling Investment Banking Course (6 Weeks) starts on 3rd October, 2016 and 10 Day Weekend Workshop starts on 15th October, 2016 in New Delhi, India.

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