Principal Activities During the financial year, the Company changed its principal activities from manufacturing and trading of paper sticks for all types of cotton products, to buy, sell, assemble and modification of equipment and machinery related to the prod...
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Tagged As: change in principal activities, principal activities, Sample Disclosure in Directors' Report
Posted on August 2nd, 2011 by
kclim in
Income Tax
An article on a tool used by Inland Revenue Board to catch tax cheats – Capital Statement, on the Star newspaper, Tuesday August 2, 2011:- “How tax cheats get caught – By Kang Beng Hoe THE term tax cheat used here refers to the determined tax...
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Tagged As: capital statement, income tax, method to catch tax cheats, tax evasion
Revenue recognition Revenue from sale of goods is measured at fair value of the consideration received or receivable and is recognised in the statement of comprehensive income of the Company when significant risks and rewards of the ownership of the goods have...
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Tagged As: revenue recognition policy, sale of goods recognition
DIRECTORS’ INTERESTS The interests and deemed interests in shares and options of the Company and of its related corporations of those who were Directors at year end (including the interests of the spouses and/or children of the directors who themselves are n...
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Tagged As: deemed interest in shares, directors' interest in shares, Sample Disclosure in Directors' Report, Section 134(12)(c) of the Companies Act 1965