G & W Group building materials division of Koh Brothers Group

G & W Group Established in 1979, G & W Group is today a renowned one-stop quality building materials provider in Singapore and Asia. The group's core businesses are in providing ready-mix concrete, interlocking paving blocks, cultured stone®, precast concrete products as well as renting and selling concrete pumps. Each core business is assigned and managed by a unique team of professionals.
	G & W Group of companies is the building materials division of Koh Brothers Group Limited which is listed on the main board of the Singapore Exchange Limited. G & W Group has a strong presence in Singapore, China, Indonesia and Malaysia. Together with a strong fleet of equipment and modern manufacturing facilities, the group consistently churns out products and services of supreme quality http://www.gw-group.com/

A Conceptual Approach to Singapore Taxation - Poh Eng Hin

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.

https://www.facebook.com/pages/A-Conceptual-Approach-to-Singapore-Taxation/515803501818636

Asiasons 30mins chart as at 7 Nov 2013 1215pm - Channels In Play

Gap support indicated by green band and blue channel mid-band support zone are being tested.

The mid-band of the blue channel was acting as a resistance zone initially as seen by the yellow area and this former resistance band later turned into support band as indicated by the orange regions.

A successful bounce from the blue mid-channel band will see next resistance at the upper zone of the red downward channel being tested. A strong upward breakout above the red channel will propel price towards the upper boundary of the blue.

Conversely, a failure of the blue mid-band support will result in a slide towards the lower support of the red channel and any further weakness will retest the lower blue channel support.

Remember to be as nimble as a deer.

http://advocacy.britannica.com/blog/advocacy/2008/12/the-white-deer-at-the-seneca-army-depot/

Investor Central established by former CNBC presenter Mark Laudi

We ask the questions that need to be asked.

Investors frequently need more information before they can make an informed investment decision - even about companies which fully comply with exchange-mandated continuous disclosure obligations.

We bring investors and companies closer together by fostering improved communications.

Who is behind Investor Central?

Investor Central was established by former CNBC presenter Mark Laudi. During his seven years with the channel, he anchored and produced programs, and covered Southeast Asian and Australian stocks on the stocks desk of Squawk Box. Mark joined CNBC after seven years as a radio presenter, first at Australian Broadcasting Corporation and later on MediaCorp Radio NewsRadio 93.8 (now 938LIVE). He is also a frequent emcee and moderator of investment seminars and business events.

Known for asking tough questions of on-air guests and of speakers at investment seminars, he and his team of reporters get to the heart of the matter to ask the questions investors want answers to. Our philosophy is simple: if a company's announcement gives rise to further questions, they should be asked. The company is always given an opportunity to respond before our publication deadline. If the questions are important enough to be asked, they should be made public - whether the company has answered them or not. And not just listed companies. We also put analyst reports under the microscope. Read on to find out more. http://www.investorcentral.org/company.php

Shipbuilder JES to venture massively into mining

JES International Holdings is massively diversifying from being a major private shipbuilding group based in the PRC to owning mines in the Xinjiang Uygur autonomous region of China.

JES has entered into a conditional investment agreement with Mineriver Pte Ltd for the acquisition of up to a 30% stake in Mineriver for S$127.0 million.

Mineriver is a Singapore-incorporated company which will acquire the entire issued share capital of a Xinjiang company, which holds mineral exploration rights in the Xinjiang Uygur. The mineral exploration rights are with respect to metals and minerals, which includes magnesium and nickel.

Mineriver is expected to obtain the relevant mining rights and operate production lines to manufacture magnesium products.

The Xinjiang company, Xinjiang Feng Li De Yuan Trading Co, had a net value of 381,000 yuan (S$77,590) as at July 31, according to an independent valuation report dated Oct 22 by Xinjiang Tiannuo Zhengxin Assets Appraisal Ltd Co.
The valuation does not include the magnesium and nickel assets of the firm, which are believed to be worth at least $60 billion.

As no proper valuation exercise of the assets has been carried out, the $60 billion was based on internal consensus, JES chief financial officer Patrick Kan told The Business Times.

This is just a yardstick which the owner of the mine and the introducer is confident of reaching," he said. "Based on this $60 billion, compared to the amount we are going to invest, it is very good value."

Read more at http://www.nextinsight.net/index.php/story-archive-mainmenu-60/919-2013/7629-shipbuilder-jes-ventures-massively-into-mining

Blumont 10 mins chart as at 5th Nov 2013 - Symmetrical Triangle Formation

10 mins chart of Blumont as at 5th Nov 2013 1140am.

Symmetrical triangle formation is observed.

Upward breakout will retest next resistance indicated by the yellow zone.  A strong upthrust above this yellow region will probably propel price towards 0.159 cents.

Immediate support is the light blue band. Breakdown below symmetrical triangle lower boundary will plummet price towards violet support zone.

Symmetrical triangle formation will be invalid if breakup or breakdown does not happen before reaching its apex. This failure will most likely result in a trading range between the yellow and light blue bands.

Be alert and nimble. Highly volatile only for the brave and strong hearts.

Civmec - Australia Construction and Engineering Company

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/