Monday, November 4, 2013

Civmec - Australia Construction and Engineering Company

0 comments

Executive Chairman - James Fitzgerald

Founded Ausclad, a privately‐owned insulation, fabrication and cladding company in Western Australia, in 1988.

By 1996, having expanded the company over 200%, he grouped various engineering and fabrication business holdings under the name, AGC Industries.

In December 1997, other Australian industrialists Barry Alfred Carlson, Stuart Maxwell Kenny, and the Bain family incorporated a parent group of engineering services companies, AGC (Ausclad Group of Companies), which acquired 75% of AGC Industries from Fitzgerald in January 1998.

In 2004, it was further restructured under the holding company, AusGroup Limited.

In April 2005, AusGroup listed 49.5% equity on SGX.

With an 11.78% equity stake in AusGroup, Mr Fitzgerald was the third largest shareholder in the company.

He served as an Executive Director of the group until 2008 and stayed on the board as Non-Executive Director until the end of 2009.

http://www.wealthx.com/articles/2012/wealth-x-explores-mr-james-fitzgerald%E2%80%99s-link-to-the-company-he-is-now-competing-with/


Company Headquarters

Headquartered in Henderson, Western Australia – only 35km from Perth and 12km from the port of Fremantle – our waterfront facility is strategically located on 70,000sqm of prime waterfront real estate in the Australian Marine Complex (AMC).

The closeness to the AMC facilities allows us to capitalise and leverage off the existing surrounding infrastructure, such as the 100m floating dock, the 6,000t and 15,000t load out wharves, the large high bay assembly hall and the 4,600t capacity Self Propelled Modular Transporters (SPMT), all of which are situated within the AMC complex.

The workshop has high wide bays designed for the assembly of large modules. We can fabricate, assemble and commission smart modularised structures up to 29m wide x 18m high x 150m long undercover in one location.

http://civmec.com.au/about-us/our-facility/


Company History

Since the early 90’s, Civmec has provided engineering, civil construction and mechanical installation services to the resources sector across Australia.

In July 2009, Civmec was acquired from the ASX-listed VDM Group and merged with Ballymount Enterprises, a Western Australian based civil concrete construction company.

Following the merger, Civmec has been successful in working on some of the most prestigious projects in Western Australia, in both civil and precast concrete disciplines.

In October 2009, the company acquired the rights to strategic waterfront land at the Australian Marine Complex in Western Australia. On 9 December 2009, officiated by the State Minister for Industrial Development Mr Troy Buswell, Civmec held its official sod turning ceremony which represented the first stage of construction of its new facilities.

In September 2010, Civmec commenced its first fabrication project in its heavy engineering waterfront facility.

The new fabrication facility was officially opened by the WA Premier Colin Barnett on 19th April 2011.

In April 2012, Civmec Limited was listed on the Singapore Exchange (SGX).


http://civmec.com.au/about-us/our-history/


Introduction


Civmec is an integrated, multi-disciplinary services provider to the resources, utilities and infrastructure industries.
We provide heavy engineering and construction services such as:
  • Precast concrete
  • Fabrication
  • Modular assembly
  • Site civil works
  • Structural Mechanical Piping installation (SMP)
  • Industrial insulation
  • Maintenance services

Specialises in Oil and Gas. Mining and Civil Infrastructure projects

Giant resources clients

Chevron - http://www.chevron.com/

BHP Billiton - http://www.bhpbilliton.com/home/Pages/default.aspx

Rio Tinto - http://www.riotinto.com/


News Articles

CIVMEC Boom: Is There More Steam Left?

http://www.sharesinv.com/articles/2012/08/31/civmec-boom-is-there-more-steam-left/

Chevron deal with Japanese utility company Tohoku Electric Power to buy liquefied natural gas (LNG) from Australia for 20 years is an extension of one of its old projects

Chevron strikes gas supply deal with Japan's Tohoku Electric Power 

http://www.theaustralian.com.au/business/mining-energy/chevron-strikes-long-term-gas-supply-deal-with-japanese-firm/story-e6frg9df-1226731145545

Civmec Company Website  - http://civmec.com.au/








 



 
 
 













Thursday, October 31, 2013

Rowsley Falling Wedge Formation

0 comments

Falling wedge breakout direction will determine future price movement. Further upside thrust if there is a strong breakout above the green falling wedge. First resistance zone is the 31 to 30 cents region. If the current red channel support holds, potential price path will most probably be  within the red channel.

Any downward drop below the green falling wedge will test next support zone at 23 to 22 cents. Gap support upper boundary begins at 20 cents. Be nimble and happy trading.

Monday, October 21, 2013

A Conceptual Approach to Singapore Taxation - Poh Eng Hin

0 comments
Description

A book on Singapore income taxation and the goods and services tax presented along the lines of a seven-point conceptual framework comprising:

(1) Jurisdiction;
(2) Base;
(3) Allocation;
(4) Person;
(5) Cross-Border Linkages;
(6) Tax Expenditures; and
(7) Administration.


General Information
 
Author: Poh Eng Hin / Deborah M.Y. Poh

(Special thanks to Ms Dora Lim for being the principal author of Appendix 23-1 of the book)

Institution author affiliated to: Nanyang Business School, Nanyang Technological University, Singapore...



(Disclaimer: The views expressed in the book are the author’s own and do not necessarily reflect those of any institution to which the author is affiliated. While every effort has been taken to ensure the accuracy and completeness of the publication, the author expressly disclaims liability for any loss that may occasion to any party from any reliance placed on the work.)

Publisher: Pearson Education

ISBN: 978-981-45-2698-2

Year of publication: 2013 (1st edition)

No. of pages (main content): 922
 
 
 
Table of Contents:

PART 1: INTRODUCTION AND THE CONCEPTUAL FRAMEWORK
Overview of Part 1
Chapter 1: Introduction to Taxation
Chapter 2: The Conceptual Framework and The Legal Framework
Chapter 3: The Conceptual Framework Applied to Income Taxation

PART 2: JURISDICTION
Overview of Part 2
Chapter 4: Defining the Income Tax Jurisdiction
Chapter 5: Defining Heads of Charge
Chapter 6: Determining the Residence of the Person
Chapter 7: Locating the Geographical Source of the Income

PART 3: BASE
Overview of Part 3
Chapter 8: Exemptions
Chapter 9: Deductions
Chapter 10: Capital Allowances
Chapter 11: Quantifying Statutory Income
Chapter 12: Quantifying Assessable Income
Chapter 13: Quantifying Chargeable Income

PART 4: PERSON
Overview of Part 4
Chapter 14: Income Tax Aspects Peculiar to Companies
Chapter 15: Income Tax Aspects Peculiar to Individuals
Chapter 16: Taxation of Partnership Income
Chapter 17: Taxation of Other Entities

PART 5: CROSS-BORDER LINKAGES
Overview of Part 5
Chapter 18: Double Taxation and Tax Treaties
Chapter 19: Residents Receiving Foreign Income in Singapore
Chapter 20: Non-Residents Deriving Singapore Income

PART 6: ALLOCATION
Overview of Part 6
Chapter 21: Further Allocation Issues

PART 7: ADMINISTRATION
Overview of Part 7
Chapter 22: Income Tax Administration

PART 8: TAX EXPENDITURES
Overview of Part 8
Chapter 23: Overview of Income Tax Incentives

PART 9: GOODS AND SERVICES TAX
Overview of Part 9
Chapter 24: Introduction to the GST
Chapter 25: GST in Singapore


ORDER / CONTACT DETAILS:
To order the book or to contact the author, please send a private message via this Facebook page.
 

Thursday, February 21, 2013

Sam Goi Stocks - Serial Systems

0 comments
Established in 1988, Serial System Ltd began as a distributor of active and passive electronic components to original equipment manufacturers and subcontractors.
Today, we have one of the largest footprints in Asia, with a strong presence throughout the 2nd and 3rd tier cities. In Asia, we are reputed to have one of the biggest distribution networks, which is supported by a robust set of backend capabilities. Our customer base comprises as many as 6,000 companies which come from a diverse range of industries.
Our ability to align to the goals of our suppliers makes us an ideal distributor. Moving in tandem with their product lines, we grow as one. Having the financial muscles to stock up our inventory quickly means that our suppliers can count on us to be highly responsive to their needs and to help them keep their risks to a minimum.

We also have the marketing resources to promote their products across the supply chain and the technical expertise to build on their components. For customers who need design and drawing services, we even offer Field Applications Engineer (FAE) support.

A leading semiconductor and electronic components distributor in the Asia Pacific region, Serial makes an ideal partner for companies looking for a vital link to the Asian markets.

http://www.serialsystem.com/corpinfo.html

Sam Goi Stocks - JB Foods

0 comments
The Company was incorporated in Singapore on 3 January 2012. The principal activities of the Company and its subsidiary (the ?Group?) comprise the production and sale of cocoa ingredient products, namely cocoa butter, cocoa powder, cocoa liquor and cocoa cake. Cocoa powder and cocoa butter are the two key products that comprise more than 90 percent of the total revenue for the financial years ended 31 December 2009, 2010 and 2011.

The Group?s cocoa processing plant is located in Pelabuhan Tanjung Pelepas, a free trade zone in Johor Bahru, Malaysia. All the products are manufactured under stringent food safety standards and sold primarily under the ?JBCocoa? brand name. The products are exported worldwide to customers ranging from international trade houses to end users such as food and beverage and confectionery manufacturers.

http://forum.shareinvestor.com/forum/showthread.php?4949-JB-Foods

Sam Goi Stocks - GSH Corp

0 comments
To be a company of strong trading and distribution network in emerging markets, with core strength in marketing and offering a diversified portfolio of

(1) IT products
(2) Time Pieces
(3) Photographic



 
The Company was incorporated on 18 September 2001 under the Act as a private company limited by shares under the name JEL Corporation (Holdings) Pte Ltd. On 14 July 2003, the Company was converted into a public limited company and changed its name to JEL Corporation (Holdings) Ltd.GSH Corporation is an established distributor of IT, photographic and timepiece products, with business networks spanning many emerging markets in Asia, the Middle East and Central Asia. Headquartered in Singapore, GSH Corporation distributes a wide range of world renowned brands such as Apple, Fujifilm, Tamron, Marumi, Velbon, Metz, Noritsu, Titan, Nixon, Wenger and Corum.
The Group also distributes its two in-house brands, efiniti and Ecochem. efiniti, photographic consumables and Ecochem, a product that offers photo processing chemicals, which are both able to complement its existing network and its principals? range of products.

Change of Name:

Jel Corporation (Holdings) Ltd to GSH Corporation Limited. Trading under the new name wef 24 May 2012.



 





 








 

Sam Goi Stocks - Etika

0 comments


Etika was listed on SGX Catalist (previously known as the SGX-SESDAQ) in 2004 and was successfully transferred to mainboard on 18 June 2009. The Group was founded in 1997 as a manufacturer and distributor of sweetened condensed milk and evaporated milk, and has since evolved into a diversified regional F&B player with operating facilities in Malaysia, New Zealand, Indonesia and Vietnam. Our products can be found in over 70 countries around the world, including ASEAN, North and Central Asia, Middle East, Asia Pacific region, North, South and Central America, the Carribean and Africa. Helmed by an experienced management team who are industry veterans possessing wide ranges of expertise in strategic planning, business development and operational and production skills, we believe we are well-positioned to anchor the Etika name as a leading regional F&B Group.

Etika was listed on SGX Catalist (previously known as the SGX-SESDAQ) in 2004 and was successfully transferred to mainboard on 18 June 2009, Etika International Holdings Limited is a leading regional Food and Beverage (“F&B”) Group. The Group has its origins as a manufacturer and distributor of sweetened condensed milk and evaporated milk under the “Dairy Champ” trademark. Today, the Group has since evolved into a F&B player with business interests in dairies, frozen food, packaging, nutrition and beverage. Apart from organic growth, we have undertaken strategies to diversify our product range, increase the spectrum of our customer base and extend our global reach. Operating from facilities located in Malaysia, New Zealand, Indonesia and Vietnam, our products are distributed to over 70 countries globally.

We have wide diversity of F&B products within the Group over 1,200 SKUs ranging from frozen food stuff to dry shelf stable. Our main products are branded under Dairy Champ, Vixumilk, Goodday, Mr. Farmer, Sky Fresh, Gourmessa, Horleys, Mack, Polygold, Daily Fresh, Family and Salam mie. Apart from our own brands, we also OEM for third parties’ brand and distribute agency brands.

Our key distribution channels can be classified under the following categories:-
a)Traditional channels - such as mini-markets, canteens, convenience shops, food service operators e.g. mamak stalls
b)Modern channels - such as HTOs (high traffic outlets e.g hypermarket, supermarkets) and HORECA ( hotels, restaurants and caterers)
c)Route channels - such as gyms and health food shops, specialty sports and specialty nutrition shops.

These distribution channels cater to the lower end of the customer food market all the way to the upper segment of the consumer food market. Dairy-based product from which the Group originates from, remains the backbone of the Group.

Today, the Group’s products can be found in ASEAN, North and Central Asia, Middle East, Asia Pacific region, North, South and Central America and the Carribean and Africa. The strength of the Group lies with its experienced management team that has a wide range of expertise in strategic planning, business development and indepth operational and production expertise in the industries which we operate.


http://www.etika-intl.com/index.html