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by livingontheedge
Sun, 15 Nov 2015 2:50 pm
Forum: Business in Singapore
Topic: Loans to Directors for Cars
Replies: 4
Views: 2394

Loans to Directors for Cars

Hey guys, ever come across a company that extended loans to its shareholders for repayments of their private cars and if so how did they comply with CA? Currently CA allows for loan to purchase one property for the director but it also states that a scheme can be approved by the general meeting. The...
by livingontheedge
Fri, 06 Nov 2015 1:48 am
Forum: Business in Singapore
Topic: Old / New director to sign Audited Report
Replies: 11
Views: 3310

Re: Old / New director to sign Audited Report

Why don't you just have the Director resign before the date of the audit/director report and just get the one remaining Director to sign on the report. Subsequently after the date of the report appoint the new Director. You only need one local Director.
by livingontheedge
Thu, 05 Nov 2015 3:44 pm
Forum: Business in Singapore
Topic: Old / New director to sign Audited Report
Replies: 11
Views: 3310

Re: Old / New director to sign Audited Report

Even though the resigning Director has ceased all legal obligations, as of the date of the report he has a statutory/legal obligation to the report, financial statements and Company. And honestly, quite odd, that the new incoming Director signing the report is not a Director in office as of the date...
by livingontheedge
Wed, 04 Nov 2015 5:47 pm
Forum: Business in Singapore
Topic: Old / New director to sign Audited Report
Replies: 11
Views: 3310

Re: Old / New director to sign Audited Report

Q1 the auditor is correct Q2 the director resolution has to be dated the same date as the director report and audit report, so the new director can't sign that director resolution since it will be dated before his appointment the directors on the date (being only the 2 of them) have a statutory obli...
by livingontheedge
Sun, 01 Nov 2015 4:29 pm
Forum: Business in Singapore
Topic: Profit taking of supermarket by...
Replies: 27
Views: 16958

Re: Profit taking of supermarket by...

A large supermarket chain is similar to a real estate property - the fees you would pay include listing fees, fees for A&P activities (if they run advertisements and promotions that your products will benefit a fee is charged in the form of rebates/discounts), fees for displays and shelve spaces, an...
by livingontheedge
Sun, 01 Nov 2015 4:25 pm
Forum: Business in Singapore
Topic: Quorum for shareholder
Replies: 5
Views: 1892

Re: Quorum for shareholder

Nope. FYI certain resolutions require special resolution requiring more than a simple majority, ie 75% majority
by livingontheedge
Sun, 25 Oct 2015 1:54 pm
Forum: General Discussions
Topic: 21 Days Itinerary to Japan - Kindly Advise
Replies: 2
Views: 1845

21 Days Itinerary to Japan - Kindly Advise

Dear all Hoping someone experienced could help me with my itinerary to Japan - below. Does the below work - I love to see Castles, atleast one of the Top 3 Gardens, experience and live amidst some old ancient Japan feel and I don't know experiencing something more enchanting like Yakushima forest. 1...
by livingontheedge
Fri, 25 Sep 2015 12:04 pm
Forum: Latest News & Current Affairs
Topic: Good Time To Buy Volkswagen Stock?
Replies: 15
Views: 3786

Re: Good Time To Buy Volkswagen Stock?

My opinion is that I think it still has further room to go down - the news broke out fairly recently and they are going through court proceedings, fines, CEO resigned, etc - typically the price may go down for over a certain period of time (3 to 6 months maybe - dont know). I am cautiously optimisti...
by livingontheedge
Mon, 21 Sep 2015 2:39 pm
Forum: Latest News & Current Affairs
Topic: 1MDB - "Missing Billions"
Replies: 19
Views: 6524

Re: 1MDB - "Missing Billions"

I am surprised this is news
by livingontheedge
Mon, 21 Sep 2015 2:29 pm
Forum: Latest News & Current Affairs
Topic: Donald Trump
Replies: 153
Views: 31562

Re: Donald Trump

I support Donal Trump - the country needs a businessmen and not a politician - I am laughing my arse off when other candidates and the media reports that he has no experience in politicis and foreign policy - why do you need experience in politics to run a country? and as a businessman with casinos ...
by livingontheedge
Mon, 14 Sep 2015 7:39 pm
Forum: Business in Singapore
Topic: Personal Trainer Public Liability Insurance
Replies: 3
Views: 2279

Re: Personal Trainer Public Liability Insurance

As for the liability insurance thing - can't help, sorry.
by livingontheedge
Mon, 14 Sep 2015 7:38 pm
Forum: Business in Singapore
Topic: Personal Trainer Public Liability Insurance
Replies: 3
Views: 2279

Re: Personal Trainer Public Liability Insurance

Damn my luck - I was just in the market for a PT - you up for it? I am serious - not kidding. Given the ultimatum by my GF (very likely wife to be) that get my arse off the sofa and hit the gym to burn the pounds.

Any credentials, qualitifcations, etc or website I can refer to?
by livingontheedge
Mon, 31 Aug 2015 4:36 pm
Forum: Careers & Jobs in Singapore
Topic: Leaving Singapore prior to tax clearance
Replies: 22
Views: 11655

Re: Leaving Singapore prior to tax clearance

Hi all, I was recently made redundant from my job here in Singapore, the company cancelled my workpass and the families dependant passes the same day. Due to the limited time we can now stay we are working on departing in a couple of weeks. As the tax clearance has not been completed, the company h...
by livingontheedge
Tue, 18 Aug 2015 7:01 pm
Forum: General Discussions
Topic: Invest & Live in Bangkok?
Replies: 15
Views: 4295

Re: Invest & Live in Bangkok?

Bangkok good long-term option to invest. But with Indonesia possibly opening up in September, you may want to reconsider - I am for Indonesia in the long term.
by livingontheedge
Tue, 18 Aug 2015 6:57 pm
Forum: Property Talk, Housing & Rental
Topic: What does PARTIALLY furnished mean?
Replies: 8
Views: 3695

Re: What does PARTIALLY furnished mean?

Generally in Singapore and Malaysia (my knowledge from buying properties) means it comes with oven and stove, kitchen cabinet and hood, sinks, shower, glass panels and toilet, built in wardrobe and airconditioners - common fittings.

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