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TA Enterprise Bhd had its annual general meeting yesterday. Earlier in the press,it is said that TA Enterprise Bhd is expected to list its first property trust Further update by its Executive chairman Datin Alicia Tiah pertaining to its forthcoming REIT: The listing of its first REIT should be by year-end or early [...] For the last year 2006,reported by MIDA on the approved number of OHQs in Malaysia: from 19 in 2005 increased by 42% to 27 in 2006 total paid up capital of Rm107.7 million from Rm181.4million increased by 65.8% to Rm300.7million of total annual business spending 4 OHQs involved upgrading from existing [...] Reported by MIDA,there is an increasing trend among companies in the oil and gas industry to use Malaysia as an OHQ based for their operations in the Asia Pacific region. The following services are provided: planning,coordination and monitoring of bidding of oil and gas projects in the Asia Pacific region technical support [...] CLICK TO THE MAIN PAGE FOR ALL ARTICLES ON SHARED SERVICE CENTRE Some interesting statistics reported by MIDA pertaining to OHQs: since the introduction of the OHQ incentive scheme in 1990,a total of 133 OHQ’s have been approved;nationalities from USA (26);Japan(14);Germany (12);UK(10);Netherlands (9) ,Australia (9) and others;[...] CLICK TO THE MAIN PAGE FOR ALL ARTICLES ON SHARED SERVICE CENTRE There is an increasing trend among MNCs to locate their operational headquarters in Malaysia mainly to support their Asia Pacific operations. Some of the inducing factors to lead more companies coming to Malaysia for the OHQs includes:· Political stability · Good connectivity [...] |  FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach. | |||||
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