In line with the non-core business strategy, Singapore Airlines, has sold a building which is located at Robinson Road which has an SIA namesake/logo for S$343.9 million ($216 million). SIA redeveloped this building in 1997 and considered it as a non core asset. The new owner is TSO Investment which is a unit of a […]

In my earlier article on the different schools of thought pertaining to the effect of dividend payout ratio, irrespective of the impact to its share price, there is a need that before we can determine an appropriate dividend policy, the company needs to embark on the following steps:

Estimating Future Residual Funds

Determine an appropriate target payout […]

In a public listed company, the spread of shareholding is wide. Because of this diversified shareholder mix, any dividend payout will disappoint at least some of the shareholders. Therefore the main question is whether a company’s choice of dividend policy can affect its share price.
To answer the question, we need to understand the different schools […]

In a medium to large organization, we normally would have a treasurer who reports to the Head of Finance or CFO

Hence, for uniformity and consistency purposes, it is important to establish a simple statement of policy on Treasury function.

The policy should basically encompass the following areas:

Banking
Petty Cash
Wire Transfer
Borrowings
Treasury Risk Management

Append below is a sample for […]

Presented below is an overview of a typical Corporate Finance function:
• Senior VP and CFO
• Vice President and Corporate Controller
• Director of Accounting Controls and Systems
• Director of Internal Audit
• Tax Manager
• Accounting Systems Manager
• Senior Business Analyst
• Cash and Credit Manager
• Senior Accountant
• International Accountant
Job Descriptions:
Below are very brief descriptions of the minimum activities […]