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Sunday, May 27, 2007 - 02:35 SGT
Posted By: Gilbert

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CAP bAGM

Welcome to the bi-annual General Meeting of G.L.Y.S CAP Pte Ltd (GCPL), an institution that is well-positioned in the NUS grades industry. GCPL has mostly flown under the radar due to a solid but unspectacular start two-and-a-half years ago, but after a few academic periods (AP) of treading water has begun to garner higher yields, and the long-term outlook is challenging but bright.


We experienced a slight setback in the B.Comp (Com Sci) sector in the fifth AP, which was traced mostly to relatively poor performance in the A.I. Division, which had better returns projected; Progress in the mature Physics Division was difficult as expected, though the touted Problem Solving in Computing and 3D Game Programming Divisions combined to allow GCPL to satisfy its minimum revenue targets.


Overall, GCPL has bucked the normal trend of industry firms by steadily improving over time. This was a direct consequence of the revival of the Economics Division, albeit in the non-competitive B.A (Economics) sector, to the extent that it outdid the B.Comp sector this AP.

While not yet among the true elite of the grades industry, GCPL is poised to improve further after internal audits revealed key inefficiencies that have impeded the workforce this AP. For the next AP, GCPL will focus on additional product QC, aiming for a 95% Tutorial Attempt Rate, as retrograde analysis within the A.I. Division indicates that the Tutorials market is a significant predictor of eventual performance, even if it is tedious to cater to.

GCPL is also considering divesting some of its DotA assets, as these have been conclusively rated as "low-yield distractions" by insiders; This will face stiff opposition from the Morale Union, mainly on sentimental grounds, but negotiations are proceeding satisfactorily as the three-day work week experiment has been well-received.

To conclude, the management of GCPL maintains that GCPL is still on track to achieve FCH2009 Certification in three more APs, if current trends continue, failing which the lesser USCH2009 Certification would be sought before the planned IPO.



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