First set up as a boutique financial advisory firm, we have since evolved based on the demands of the industry and became one of the only Malaysian based turnaround management. We have many professionals attached with the firm for different solutions that need to be implemented to our client’s business needs. We have grown from a two man team to a group of over 15 professionals attached with the firm.

What is Turnaround?

Turnaround is a relatively new term in Malaysia, but turnaround managements such as VAD conduct turnarounds on companies by either consulting on a short-term-project basis and occasionally by acting as an interim chief executive who replaces the current CEO while a company reorganizes.

One of the biggest benefits of hiring a turnaround expert is objectivity; he or she will bring a fresh set of eyes and perspective that an employee can’t provide. With this objectivism, the management can make unpopular recommendations and decisions that, while difficult, are in the best interest of the company. These recommendations and decisions usually are ones that is hardest to be made by founders as they more often than not are unable to make such decisions

The Process

While industry experience is one factor when considering potential turnaround managements, VAD is of the expert opinion that its usually less important than the management’s experience in dealing with real-world crisis situations. Other factors to consider when bringing in a turnaround management include the following:

One of the biggest benefits of hiring a turnaround expert is objectivity; he or she will bring a fresh set of eyes and perspective that an employee can’t provide. With this objectivism, the management can make unpopular recommendations and decisions that, while difficult, are in the best interest of the company. These recommendations and decisions usually are ones that is hardest to be made by founders as they more often than not are unable to make such decisions

Whether hired as a consultant or an interim CEO, the turnaround management’s first step is usually a top-to-bottom viability assessment of the business to determine its prospects for survival. This process can take anywhere from a few hours to a couple of weeks and tends to be as much intuition and “art” as it is science.

Assuming the management determines the business is still viable, the next steps are usually a detailed analysis of the company’s financials and in-depth interviews with key personnel. He or she will likely want to spend hours interviewing executives, managers, and board members, asking about big-picture strategy, goals, and overall direction.

Based on the feedback, VAD will prepare a plan of action that details his or her recommendations and milestones for reaching performance benchmarks. The management will be held accountable to this plan, which also serves as the road map for the turnaround. Measure the company’s progress toward reaching the benchmarks at predetermined intervals agreed to by your board and the management before the engagement begins.

Message from the CEO


Single Project

I realised, a company has many elements when being run as the intended setup. Some foreseeable and some aren’t, and that is why, VAD capital was setup as a Turnaround Specialist. Many a time we face customers asking , WHY YOU? I have never blinked when they asked , because for us it is not what we have done but what we are able to achieve. Our success stories speak louder than what we have to say. I started servicing SME’s but along the way we have serviced MNC’s and many other listed Co’s. We have and always will place our customers before ourselves. Our customers are not just our paymasters but proof to our service of excellence.

Vivek Sasheendran V