The Accounting and Corporate Regulatory Authority (ACRA) has announced an extension of its waiver on late filing penalties for BizFile+ users encountering technical difficulties while using the revamped BizFile+ portal. This initiative underscores ACRA’s commitment to supporting businesses during the […]
By Boo Kok Chuon The Private Lease Scheme (PLS) in Malaysia has become a polarising topic, especially after recent disputes involving Singaporean investors. While concerns about lower liquidity, resale limitations, and developer control are valid, PLS properties can still offer […]
The Iconomy Group of Companies is proud to announce its successful participation in the Vesak 2024 carnival at the Singapore Expo on 12 May 2024, organised by the Singapore Buddhist Federation and generously sponsored by the Buddhist Business Network (“BBN”). […]
By Peter Ong Lip Cheng and Boo Kok Chuon As the trial of Johnny Depp[1] and his former spouse, Amber Heard, closes, the topic of defamation has resurfaced to be the talk of the town. Watching the cross examinations of the witnesses […]
By Boo Kok Chuon It was reported in the news yesterday, that local celebrity, Edmund Chen, sold his NFT painting at a whopping $53,000. Though this appears to be quite a fortune for many of us commoners, it is as […]
By Peter Ong Lip Cheng and Boo Kok Chuon In light of the recent publication of harassment by debt collectors faced by politician, Lim Tean, one may wonder if debt collection agencies enjoy certain powers or privileges. It is a […]
Your investment strategy should be based on an understanding of market fundamentals, the long-term outlook and your age, says Patrick Chang. Source: https://www.channelnewsasia.com/news/commentary/investing-retirement-singapore-best-strategies-tips-by-age-covid-14145108 SINGAPORE: For every Singaporean senior looking forward to saving enough to enjoy retirement, the COVID-19 pandemic has […]
By Boo Kok Chuon and Chan Mei Lee Over the past one year, we have advised and saved no lesser than five clients, who almost fell victim in financing schemes related to SBLC that turned out to be fraudulent in […]
By Boo Kok Chuon Share capital of a company may be altered subjected to certain conditions as provided in the Companies Act and the Companies’ articles or constitutions. In the current context, let us examine how companies can reduce their […]
