CNMC plans to appeal against additional tax assessment of RM29.6 million imposed on Malaysian unit

CNMC plans to appeal against additional tax assessment of RM29.6 million imposed on Malaysian unit

The notices were raised in relation to the disallowance of management fee expenses paid by the subsidiary to the gold-mining company [SINGAPORE] A Malaysian unit of CNMC Goldmine has been slapped with additional income tax and penalty amounting to RM29.6 million (S$9.4 million) for the years of assessment 2019 to 2024. The Catalist-listed gold-mining company…

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Goldman, JPMorgan see India’s record IPO boom extending to 2026

Goldman, JPMorgan see India’s record IPO boom extending to 2026

Fundraising expected to hit US$25 billion in 2026, and for the next few years to reach above US$20 billion [MUMBAI] India’s proceeds from initial public offerings (IPO) in 2026 may hit a record for a third year, with a strong pipeline and buoyant investor demand supporting momentum, said top investment bankers. Kotak Mahindra Capital and…

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SMRT announces senior management changes as deputy group CEO steps down

SMRT announces senior management changes as deputy group CEO steps down

Its group chief communications officer will also relinquish the role to focus on the company’s ESG and CSR agenda [SINGAPORE] Transit operator SMRT on Friday (Dec 19) announced two key senior management changes, including the departure of deputy group CEO Lee Ling Wee. Lee, who is also the president of SMRT’s business arm Strides International…

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American flags at three Boston war veteran memorials vandalized: ‘a slap in the face’

American flags at three Boston war veteran memorials vandalized: ‘a slap in the face’

American flags at three different Boston military memorials were defiled during an overnight vandalism, leaving local veterans and officials outraged over the “hate and disgusting” act. Military veterans and city officials were horrified to find the poor conditions of the Stars and Stripes at Medal of Honor Park, the Admiral Farragut Statue and the Korean…

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Man Guilty of Killing Evansville Firefighter After Plotting Murder with His Wife Whom He was Having an Affair With

Man Guilty of Killing Evansville Firefighter After Plotting Murder with His Wife Whom He was Having an Affair With

A Vanderburgh County jury found Larry Richmond Sr. guilty of murder and conspiracy to commit murder on Wednesday in connection with the 2019 killing of Evansville firefighter Robert F. Doerr. Richmond Sr., 47, stood accused of ambushing Doerr outside the veteran firefighter’s Oakley Street home on the night of Feb. 26, 2019, after Doerr returned…

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Alleged human smuggling operation exposed in Texas as 17 illegal aliens found inside residential home

Alleged human smuggling operation exposed in Texas as 17 illegal aliens found inside residential home

Officials revealed that an alleged human smuggling operation involving over a dozen individuals has been uncovered inside a Texas home. Authorities with the Texas Department of Public Safety and Laredo Border Patrol conducted an operation at a residential home in Laredo, Texas, on Tuesday, Dec. 17, officials said in a social media post. During the operation, authorities said…

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