Ekuinas to unveil RM100m projects Nov 10, 2009
Abdul Rahman said Ekuinas could invest in GLCs, private limited companies and multinationals via management buyouts, mergers or acquisitions, or by taking over non-core assets of a company and injecting or hiring professionals to manage it. Alternatively, we could support or invest in bumiputra companies that have a good business model and growth potential. (The Star Online, Malaysia -- Business)
Sierra Leone: New Dawn for Small Farmers? Nov 5, 2009
" Relevant Links Sesay added that in line with the NSADP/CAADP they have already developed a smallholder commercialisation scheme, pointing out that "it is a deliberate program to get especially women farmer groups to gradually operate as limited companies and become the backbone of the private sector in Sierra Leone. "We will soon conduct training for these women in agribusiness so they will be able to operate as legal commercial entities.". (allAfrica.com)
Boucher Wants Input on FCC's Program Carriage Complaint Process Oct 23, 2009
"Anti-discrimination and openness mandates have limited companies' ability to differentiate themselves from the competitors and provide their customers with unique products and the high level service they demand.". That was by way of arguing that with all that competition going on, and no clear winning business model for digital delivery, it was even more important to depend on market forces, rather than government, for that model. (Multichannel News)
FIR against Amar Singh, wife Oct 17, 2009
These are public limited companies, which are audited by auditors. It is easy to bring charges against Amitabh Bachchan and myself, as this garners greater TRPs for television channels, he contended. (India Times)
Zimbabwe: Mugabe Builds Farming Empire Sep 30, 2009
Three private limited companies matching the estate name are listed at Zimbabwe's company's registry as Gushungo Investments 364/06, Gushungo Enterprises 1021/06 and Gushungo Construction 19009/06, all of them formed in 2006. Their activities are unknown, however, because contrary to Zimbabwean law, the relevant documents, including their annual reports and lists of shareholders and directors, are not available to the public. (allAfrica.com)
Higher number of illiquid cos traded on BSE than NSE Sep 8, 2009
"The large number of illiquid stocks on BSE stems from the fact that the listing requirements for both exchanges are different. We can see lot of dud and dummy companies listed on BSE which are as good as private limited companies," said Vikram Bhatt, director of Ajmera Associates. The categories of market participants, traders and jobbers, who provide liquidity to stocks, also stay away from illiquid stocks, as the bid-ask spreads are very wide due to low equity base and higher promoter... (India Times)
Get your own .my address Aug 27, 2009
According to a survey conducted by the national exchange in May, 80% of Malaysian public limited companies have set up websites. Out of that 80%, about half have registered websites on the. (The Star Online, Malaysia)
Board changes at Maybank Jul 16, 2009
He is currently on the board of UEM Group Bhd, PLUS Expressways Bhd, Aseana Properties Ltd, SMPC Corp Bhd, EP Manufacturing Bhd and several other private limited companies. An economist, Tan started his career with Bank Negara in 1978 undertaking research in economic policies and was subsequently appointed consultant to the central bank. (The Star Online, Malaysia -- Business)
IR35 - what is it good for? By Simon Sweetman Jun 1, 2009
However something needs to replace it as I remember before IR35 cases where workers on a factory production line were all one-man limited companies which was completely absurd. The central problem here is the differential of tax rates between employed v limited company and this is what needs to be addressed. (Accounting Web, UK)
EU economies sink May 16, 2009
But sluggish demand limited companies' pricing power, and US consumer prices posted their largest 12-month drop in half a century. A top US policymaker said the Federal Reserve's aggressive policy actions had pulled the economy back "from the edge of the abyss," but a return to growth would take time. (Sydney Morning Herald -- Business)
Creating professional directors May 9, 2009
MACD is currently engaged in a national drive to recruit members, which it envisions to be directors from both public and non-public limited companies, as well as corporate professionals and even students. At the end of the day, however, our aim is to attract quality members and retain them, Chan explains, adding that MACD wants to be able to represent Malaysian directors interests in the local and international markets. (The Star Online, Malaysia -- Business)
Should there be a turnover tax for small business? By Simon Sweetman May 6, 2009
These exclude professional service or personal service businesses, which may have very low levels of expenses, although limited companies can meet the criteria. It is also necessary to have an accounting date of 28 February to coincide with the tax year and companies have to deregister from VAT (the normal threshold is R300,000). (Accounting Web, UK)
MACD soft launch this month May 5, 2009
MACD deputy president Paul Chan told StarBiz yesterday that the company was currently engaged in a national drive to recruit members, which MACD envisions to be directors from both public and non-public limited companies, as well as corporate professionals and even students. As part of its ongoing recruitment drive, Jaffar revealed that MACD had also approached several reputable organisations in the country to join MACD as chartered members. (The Star Online, Malaysia -- Business)
Dawson fights approach from Leeds..00004000. Apr 18, 2009
That's not the way public limited companies should be run. But Mr Gyllenhammar hit back: The background to this is that Mike Hartley declared his intention to resign some time ago and that was crystal clear. (New York Post -- Business)
So how much is fair? by Rebecca Benneyworth Apr 16, 2009
What about those working through limited companies. Should their tax burden be the same as an employee on the funds they extract. (Accounting Web, UK)
Possible Solutions to the IR35 problem Apr 6, 2009
I have probably addressed a wider issue in this article than merely replacing IR35, as the suggestion imposes additional tax on all businesses operating through limited companies. However, this might be an acceptable solution in return for abolishing IR35, and might also address in part concerns about income shifting, by imposing an additional tax burden on all limited companies distributing their profits by way of dividend ... IT contractors in the main are forced to work through limited... (Accounting Web, UK)
The Indian Premier League and tax by Simon Sweetman Mar 30, 2009
Which might of course apply to UK based cricketers, though one wonders about the higher earning ones who have central contracts : these are described here and there as employment contracts but I doubt if it is as straightforward as that even 20 years ago international cricketers were using limited companies and some of them doubtless now have more exotic structures. And it might be relevant here that the ECB refused to let the players representatives get involved in the negotiations. (Accounting Web, UK)
What determines home loan eligibility? Mar 29, 2009
Individuals - salaried and self-employed Sole proprietorships Partnership firms Limited companies. Smart Living. (India Times)
PCG turns CAB for freelencers Mar 23, 2009
The PCG's guide to Jobseeker's Allowance has been extensively researched and covers eligibility rules for owner-directors of limited companies, sole traders, umbrella workers, and others. Information on how to receive help meeting mortgage repayments and council tax bills is also included. (Accounting Web, UK)
Political Confidence Index dips 4% Mar 12, 2009
While PCI has declined across various type of companies, it is the public limited companies in the private sector that have been showed a remarkable 13. 5% increase in PCI. In the private sector, private limited companies and partnership and individually-owned businesses have witnessed a drop in PCI of 6% and 22% respectively. (India Times)
Cost-effective measures to raise funds Mar 11, 2009
The Code on Take-Overs and Mergers 1998 will no longer apply to private limited companies in order to facilitate companies to undertake restructuring as well as take-overs and mergers. The SC only needs to be informed of any amendments to the terms and conditions of bonds and sukuk issuances, which have already been approved by the bonds and sukuk holders. (The Star Online, Malaysia -- Business)
Mini Budget Speech: RM60bil for stimulus package Mar 10, 2009
Third: The Code on Take-Overs and Mergers 1998 will no longer apply to private limited companies. This is to facilitate companies to undertake restructuring as well as take-overs and mergers. (The Star Online, Malaysia -- News)
Applying IFRS to small companies - update. By Steve Collings Feb 14, 2009
It will cover a much wider range of companies than the current FRSSE from the smallest of limited companies through to the large private concerns. It is also worth mentioning at this point that if guidance is not included in the FRSSE on the accounting treatment of a specific item, then the preparer of the financial statements should refer back to full UK GAAP in order to determine the true and fair treatment. (Accounting Web, UK)
