ACUTUS IS HOSTING ITS ANNUAL SEMINAR FROM 2 DECEMBER 2015 TO 4 DECEMBER 2015

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SEMINAR PROGRAMME 2 December 2015, Wednesday Seminar Leader Mr Rick Seah, Corporate Recovery Director Time 9.30 to 12.30 pm Topic Practical Issues of Insolvency – Insolvency procedures in Singapore – Practical issues when a company becomes insolvent – Type of...

3RD ANNUAL CONFERENCE OF ABACUS WORLDWIDE

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ACUTUS LLP ATTENDED THE 3RD ANNUAL CONFERENCE OF ABACUS WORLDWIDE, AN INTERNATIONAL ASSOCIATION OF INDEPENDENT ACCOUNTING, CONSULTING AND LEGAL FIRMS 1 November 2015, SINGAPORE – Acutus is pleased to announce that Jack Lam attended the 3rd Annual Conference of Abacus...

PROVIDING PERSONAL GUARANTEE – THE “OUGHT-TO-KNOW”

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Consider this scenario – You are a director of a company which is facing financial issues. The company is applying for a bank loan but the bank requires that you give a personal guarantee before the loan is approved. What...

UPDATE ON THE STATUS OF LIQUIDATION OF THE SUBSIDIARIES OF WINSTA HOLDING PTE LTD

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Update on the status of liquidation of the subsidiaries of Winsta Holding Pte Ltd 1. The following companies were placed under creditors’ voluntary liquidation on 3 August 2015: a) Pearl Hill Hostel Pte Ltd; b) The Hill Lodge @ Mount...

ACUTUS APPOINTED AS LIQUIDATORS OF SEVEN SUBSIDIARIES PLACED UNDER CREDITORS’ VOLUNTARY LIQUIDATION

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IT IS TIME TO ACCORD RMB WITH SDR RECOGNITION

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China is now the largest exporters and the second-largest economy in the world. It is simply a matter of time that the renminbi (“RMB”) would be included in the basket for the Special Drawing Rights (“SDR”) of the International Monetary...

MEMORANDUM ON VOLUNTARY AND COURT LIQUIDATION

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In law and business, liquidation is the process in which a company is brought to an end, and its assets and property are sold and redistributed. Liquidation is also sometimes referred to as winding-up or dissolution, although dissolution may technically...

TRIBUTE TO OUR FOUNDING FATHER

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Acutus joins Singaporeans in mourning the passing of our Founding Father, Mr Lee Kuan Yew. The late Mr Lee was an exceptional statesman. He has dedicated his entire life to the building of modern Singapore. His wisdom, vision and relentless...

DOING BUSINESS IN HONG KONG

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FOREWORD Free trade has always been the lifeline of Hong Kong. It is one of the most open and externally orientated economies in the world. Its proximity to the People’s Republic of China (“PRC”), its similarities with the PRC in...

SINGAPORE BUDGET HIGHLIGHTS 2015

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FOREWORD The Minister for Finance presented the Budget 2015 on 23 February 2015. Though much anticipated by Singaporeans as the “Jubilee Budget” on account of Singapore’s 50th year of independence, the Minister has avoided any overly generous handouts and presented...