Natural Gas (LNG) • Export Sector • Power Sector • Industrial Sector Regasification Terminal • Power Sector • •Power Sector Industrial Sector • Industrial Sector Natural Gas Liquefaction Peninsular Gas Utilisation (PGU) System • Residential and Commercial Sectors • Residential Sector • Commercial Sector Processed Gas Exploration, Development & Production Processing Liquefied Petroleum Gas (LPG) Condensate • Industrial Sector - Ethylene,
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PRECISION IN EXECUTION Annual Report 2014 2014 ANNUAL REPORT CONTENTS CORPORATE OVERVIEW 2 3 4 6 8 12 About SapuraKencana Petroleum Berhad Our Vision Our Core Businesses Health, Safety and Environment Global Presence Corporate Information GOVERNANCE 90 Statement on Corporate Governance 102 Report of the Audit Committee 105 Statement on Risk Management and Internal Control 107 Additional Compliance Information 109 Statement on Directors’ Responsibilities 110 Corporate Responsibility 116
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Introduction Economic system is defined as the basic arrangements made by societies to solve the economic problem. There are three economic systems that classification by degree of government control. The three economic systems are Command Economy System (Socialism). A system where the government, rather than the free market, determines what goods should be produced, how much should be produced and the price at which the goods will be offered for sale. The command economy is a key feature of any
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the year ended 31 March 2010 together with the Directors’ and Auditors’ Reports thereon. To declare the following final dividends for the year ended 31 March 2010 : (a) Tax exempt dividend of RM0.02 per share amounting to RM1,200,000 on 60,000,000 ordinary shares of RM1.00 each ; and Franked dividend of RM0.02 per share less 25% tax at a total net amount of RM900,000 on 60,000,000 ordinary shares of RM1.00 each. (Resolution 1) (Resolution 2) 2. (b) 3. To approve the payment of directors’
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ASSIGNMENT 3 1. Legal forms of business in Malaysia. Start up Business in Malaysia - What is a business firm? Business firms can be either of these two types: 1. Sole proprietor/ Sole trader - Sole proprietor is a business carried out in the name of an individual. 2. Partnerships (governed by Partnership Act 1961) - Partnership is a business owned by two or more individuals. Both these types of business firms have no separate legal existence apart from the persons who owns the business and
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operate McDonald’s restaurants in Malaysia and the first outlet was opened in April 1982 at Jalan Bukit Bintang, Kuala Lumpur. McDonalds mission is “To be our customers' favourite place and way to eat” and their vision is to be the world's best quick service restaurant experience. Being the best means providing outstanding quality, service, cleanliness, and value, so that we make every customer in every restaurant smile. The operations in McDonald’s Malaysia are affected with the government
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(i) There were several changes in income tax rates and policies concerning individuals and sole proprietor businesses that were proposed in the Budget 2014. The three significant changes in tax policies are listed below. Review of Individual Income Tax In consideration of the implementation of the Goods and Services Tax (GST) which takes effect on 1stApril 2015, the government had proposed several changes to reduce individual income tax rates with effect from Year of Assessment (YA) 2015. The
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country’s foundation in several ways. Primarily, it seeks to reduce poverty which means to improve the people’s access to basic amenities. Governments will be able to expend on public goods like healthcare, education and infrastructure because of the added tax revenues earned from higher income earners. This consequently leads to improved standards of living for all classes of people. Economic growth also injects investments into the economy as savings become capital for business ventures. It brings twin
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KFC HOLDINGS (MALAYSIA) BHD 65787-T 1 KFC Holdings (Malaysia) BHd (65787-T) annual Report 2011 annual Report 2011 after 38 years of ‘Finger lickin’ good’, we have changed our tagline to simply ‘so good’. ‘so good’ reflects our commitment to product, place, people, price and promotion. ‘so good’ is that great experience of a good meal shared between family and friends. at KFC, it is all about building a brand that brings people together and creates that ‘so good’ moments. Thus, the choice
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indexation of family tax benefits, baby bonus, paid parental leave for four years for families on $150,000 or more. Total of $1.2b saved over four years. - Tax rates cut by 20c per dollar for 50,000 single parents. - $4.3b for hospitals, health care, universities and roads. - $750 a month flood levy. - Family tax benefits for lower-income families - $850m solar panel rebates. - Prevention of parents putting dividends/trust funds under children’s name to dodge tax – saving of
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