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group of divisions involved in power generation, gaming, leisure and property investment. The Companys principal operating and reporting sectors comprise power generation and gaming, which includes the numbers forecast totalisator (NFO) and racing totalisator (RTO) businesses. Its straight subsidiaries are Pan Malaysian Pools Sdn Bhd, Daya Mahsuri Sdn Bhd.

3.1 Private Limited Companies

Private limited companies are viewed as firms under the law and share several common characteristics with all corporations. However, private corporations are possessed and operated by a small group of people. Because of their structure, private limited corporations operate in a set of limitations not imposed on public corporations. As a corporation, a private limited company is viewed as a distinct legal entity from the individuals who form the corporation. This provides what is known in the law as limited liability, or a shield for the personalities within a company against liability for obligations incurred by the corporation. A private limited company is comprised by a small assembly, often members of a single family that requirements to limit the influence of outsiders on its company. Because private limited companies are run by a minor group, they are usually not subject to takeovers and other challenges faced by public companies. Unlike public corporations, private limited companies may not trade their shares on a stock exchange. They are also barred from offering shares for sale to the general public. Stockholders in a private limited company may not compromise their shares for sale without first offering them to other stockholders within the company for purchase. The number of members allowed within a private limited company is limited by regulation, most often to no more than 50 because they are corporations under the law, private limited companies must pay auditors, hold conferences as other corporations do and share profits among all stockholders. They can be expensive to establish because of the regulations involved (Malaysiaco, 2007)

3.2 Sole Proprietorship

A sole proprietorship is a type of business entity that is owned and run by one individual and in which there is no legal dissimilarity between the owner and the business. The owner receives all profits subject to taxation specific to the business and has unlimited accountability for all losses and debts. Every asset of the business is owned by the property owner and all debts of the business are the proprietor's. This means that the owner has no less liability than if they were acting as an individual instead of as a business. It is a 'sole' proprietorship in contrast with partnerships. A sole proprietor may use a profession name or business name other than his or her legal name. In many authorities there are rules to enable the true owner of a business name to be ascertained. For example, In the United States there is generally a obligation to file a doing business as statement with the local authorities while in the United Kingdom the proprietor's name must be displayed on business stationery, in business emails and at business premises, and there are additional requirements (Wikipedia, 2009)

3.3 Partnership

A partnership is an arrangement where individuals agree to work together in order to improve their interests. In most situations, a partnership that is formed between one or more businesses in w