Censere undertakes valuations of businesses and business interests for buyers, sellers, owners and other interested parties. Our valuations are used for management reference, financing, tax reference, shareholder reference, financial reporting and other purposes.
Our real estate valuation team works with owners, financiers, buyers and sellers of real property. We can provide reliable valuations for a variety of purposes to suit your requirements.
Our team of engineers and surveyors are able to accurately assess the value of machinery & equipment across a broad range of industry sectors. Whether for insurance management, accounting & tax reporting, financing or capital budgeting.
Malaysian Global Innovation & Creativity Centre (MaGIC) Central and ASEAN Centre for Entrepreneurship (ACE), both Malaysian Government funded agencies, organised an 'Open Day' event on 29 February 2016 at CyberJaya, Malaysia for entrepreneurs and start-ups to seek help and guidance from various Government Agencies and the partners of MaGIC and ACE.
30 Government Agencies and partners as well as 180 entrepreneurs and start-ups attended the Open Day making it a very successful event.
Censere participated as one of partners of ACE and provided information and guidance to a number of participants on valuation matters as well as funding options available to entrepreneurs and start-ups in Malaysia as well as in the Asia Pacific region. Tan Sri Dr. Irwan, Chairman of MaGIC and Secretary General of Treasury, Ministry of Finance (MOF) thanked Censere for its participation and guidance to the participants on the day.
Censere continues to extend its network throughout Asia Pacific with the opening of our Jakarta office. This is our 13th office and we continue to look for new opportunities in Asia to provide further assistance to our Clients.
Contacts details for Jakarta can be found here.
The evolution of the concept of the fuel cell can be traced back as far as 1801. However, the practical usage of fuel cells only began in the mid 20th century and significant commercialization of fuel cell has only occurred in the past decade. Nevertheless, fuel cells are expected to play a more important role as power sources in the future due to its desirable characteristics. First of all, unlike conventional power sources, hydrogen fuel cells are emission free as they produce electricity by electrochemical reaction instead of combustion. Secondly, compared to other renewable sources, such as solar energy and wind energy, fuel cells are more reliable as they are not dependent on energy sources which might be periodically short of supply. Theoretically, a fuel cell can run indefinitely as long as it is supplied with source of hydrogen and oxygen.
Following the development of the market economy in China, enterprise name rights have become an important type of intangible asset for companies, and play an important role in the long-term development of companies. Moreover, companies now attach more importance to the publicity and promotion of their names. As a consequence, enterprise name disputes have become more frequent. This article aims to introduce enterprise name rights in China and some associated legal issues. An enterprise name right is the right, available to a lawfully established enterprise, to lawfully use its name. The administrative area, name, trade, and form of the organization are four composites of an enterprise name.
The term “food security” evolved in the mid-1970s at the time of a global food crisis. Primarily, it focused on food supply problems such as the assurance of availability of food and maintenance of stability of price of basic foodstuffs. As time progressed, the definition of food security has also been reviewed and redefined to fit with the changing circumstances. In 1996, new elements, such as safety and nutrition have been incorporated into the definition emphasizing their importance for maintaining a healthy population. Therefore, according to the World Health Organization (WHO), food security consists of three main components:
The Chinese coal industry is facing a challenge arising from the long term control of the electricity price. This is due to coal being the major resource used in power generation in China. In order to provide a stable electricity price to consumers, the PRC government has closely monitored the volatility of the coal market price. In Dec 2012, China's state council announced it would reduce the stringent monitoring of the coal and electricity dual-pricing system. The major coal producers and government have agreed to take the Bohai-rim Steam-Coal Price Index as the reference for the coal price for power generators. This places a limitation on the development of coal enterprises in China. Maintaining a healthy environment for the coal enterprises to survive has become a controversial and important issue for the industry participants and Government to explore. The coal industry is a traditional industry in China and has played an essential role in economic development and a key role in the supply chain of China. However, this industry has already entered its mature stage and it is difficult to make a great change in the current stage. The Government plays an important role in the development of the coal industry because the industry needs strategic support and guidance from the Government.
The disclosure requirements for listing in Singapore Stock Exchange (SGX) have increased with the recent request of making public all material information related to Intellectual Property Rights (IPR).
IPRs have always been a source of long standing competitive advantage and often companies have been reluctant at providing such information. However, with the updated Listing Rule 703, Singapore is imitating a similar guideline issued by the Hong Kong counterpart a few months earlier.
The new rule aims at creating a safer environment for investors – the stock market house ensures. As modern companies base their success and growth increasingly on IP and other forms of intangible assets, SGX wish to replicates this situation in the documents available to investors. By knowing how much of the business depends on IPRs and how risky these assets are, investors can get a clearer idea on where to put their money.
About the Author:
It would have been impossible over the past six months to have read a newspaper without reading about the taxation challenges faced by some of the world’s largest multinational companies (“MNCs”) and iconic brands, including Apple, Google and Starbucks. This has resulted in, amongst other things, tax audits worldwide for Google, an appearance before a Senate Hearing by Apple’s CEO to defend the company’s tax arrangements, and a public boycott of Starbucks stores in the UK leading to a “voluntary” tax payment by the company to the UK Revenue.
Patent rights are one type of intellectual property right. The current Patent Law in China protects three types of work including inventions, utility models and designs. The technical aspect of a product is the primary protected content of inventions and utility models, whereas patents of design concern new designs of shape, pattern or a combination of the two. The authority overseeing patent issues, including patent application, is the State Intellectual Property Office of P.R.C. (SIPO). The examination and approval of a patent is based on a first-to-file principle. Starting from the filing date, a patented invention can enjoy a 20 year protection term whilst the term for a utility model and design patent is limited to 10 years.
The general process of applying for a patent right in China is illustrated below; details of each patent type will be discussed in later sections.
Step I: Check if the patent has been registered or not before making an application.
Step II: Documents preparation:
· Inventions &Utility models – Prepare two copies of all the following documents: