As a result of continued growth in our Shanghai business, we have relocated our office as follows:

Censere Shanghai Office Unit H, 5/F, Crystal Century Tower No. 567 Weihai Road Jingan District Shanghai 200041

Please note that our contact numbers have also changed:

Tel: +86 21 3353 8720 / 3353 8290

From all of us at Censere

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;}

Censere is pleased to announce that we have entered into an alliance with Transfer Pricing Associates (“TPA”), the leading independent provider of global transfer pricing and valuation services.

This alliance will compliment both parties; increasing access to new markets in Europe, the USA, and Asia-Pacific.

Importantly, it will enable both firms to provide an integrated service offering to clients in Asia Pacific, EMEA, and the Americas, encompassing transfer pricing, customs, valuations, and due diligence services to meet the needs for best practice multi-disciplinary consulting services.

As Censere continues to expand, additional strategic relationships will be developed with leading organisations in order to extend the comprehensive service capability and the presence of Censere around the world.

Censere CEO, Brett Shadbolt, is invited at the Canadian Chamber of Hong Kong on May 25th 2011

In any acquisition or investment situation, determining the price to pay is critical to ensuring long-term success. Valuation shouldn't just mean determining “what it's worth to me” but should also consider what it's worth to the counter-party and other third parties who might have an interest in the deal | competitors, regulators, etc. Each of these will have different opinions of value - valuation should be a strategic focus in any transaction.Investing in emerging markets like China results in an additional set of challenges, beyond that experienced in developed markets. Depth and maturity of markets, transparency, regulatory constraints, cultural differences, accounting/tax policy differences - all of these influence valuation.

To register: http://www.cancham.org/asp/calendar_detail.asp?item=B7ZADGEQT

Brett Shadbolt, Censere CEO, was invited on 19 October 2010 by the M&A committee of the French Chamber of Commerce in Beijing, China, to do a presentation about "Valuation of Intangibles in M&A operations". Brett Shadbolt was speaking alongside Thierry Labarre, Mazars Mainland China Managing, Partner and Christine Lambert-Goué Managing Director at Invest Securities

Related links:

CCI France China: http://www.ccifc.org/Mazars: http://www.mazars.cn/content/view/full/51112

Brett Shadbolt, Censere CEO, was invited on 13 January 2011 in Shenzhen, China, to discuss with Rouse, a leading global intellectual property firm, and CTEX, China Technology Exchange about IP valuation, license pricing and negotiation.

Related link:

- IAM Article: http://www.iam-magazine.com/blog/Detail.aspx?g=78fee581-326e-435e-96bb-58d957c30d65

We will not be sending a Chinese New Year email to everyone in order to help prevent your inboxes being overloaded, but would like to thank all our partners and clients for their past support and wish you all a happy and prosperous year of the Rabbit.

Censere congratulates China Kanghui Holdings on its successful listing on NYSE.

We are proud to have been able to assist China Kanghui as it prepared for this important step.

Censere is pleased to advise that we have opened our 10th office, in the Maldives. Contact details as follows:

Censere Group Pvt. Ltd.M. Banf Villa (Level 6B)Majeedhee MaguMale'Republic of Maldives

Censere Opens in Tokyo

We are very pleased to announce the opening of our Representative office in Tokyo. This comes hot on the heels of our strategic alliance with Global Partners Consulting in Japan and will strengthen our ability to assist Japanese clients both within Japan and around Asia Pacific.

For further information please contact our Tokyo office directly.

We are pleased to announce that Censere Group and Global Partners Consulting of Japan have formed a strategic alliance to provide our combined services to Japanese Clients and foreign clients coming to Japan.

GPC is a Tokyo-based firm specialising in accounting, tax advisory and private equity fund-raising activities. They provide support to Japanese clients for IPO, M&A and restructuring and are experienced in J-GAAP/IFRS translation work.

Together with Censere's valuation and transaction support services we are able to offer seamless advice to Japanese firms looking to list in Singapore or Hong Kong and provide assistance for offshore M&A by Japanese clients.

For foreign firms seeking an entry to Japan we can also assist in M&A and Tokyo-Aim listing advice.

Our alliance with GPC is a major development for Censere and will see us opening a Representative Office in Tokyo to provide closer support to GPC and our mutual clients.

Watch this space!

Censere is preparing for the launch of its new website. We hope our new site will make it easier for you to find what you want and provide more informative articles.

Brett Shadbolt will talk to students at City University of Hong Kong on Saturday, 30th January 2010. His presentation is titled "Valuation of Intangibles - Theory and Practice".

Censere and Stephenson Harwood are presenting a joint seminar about the commercialisation of intellectual property 17th September 2009. For further information please contact either Censere in HK or Stephenson Harwood in HK.

Brett Shadbolt will be speaking at the Asialaw IP Forum 2009 in HK on 9th September about the valuation of Intellectual Property. A copy of the program can be downloaded from here.

Censere Group is pleased to announce the opening of our eighth office, in Beijing. If we can assist you in any way, please contact our Beijing Manager, Mr Wang Jian on +86 159 0151 7151. Contact details for our Beijing office are as follows: Unit 1104, Ocean Express Tower A SanYuan Chao, Chaoyang District Beijing 100027 China Tel +86 10 8446 6199 Fax +86 10 8446 6311

Our Shanghai office has moved to another unit within the same building. Please note the new address: Room 607, 6/F Dong Yi Building Shanghai 200040 Phone and fax numbers remain unchanged.

As of July 1st, our Singapore office is moving to the following address: 11 Keng Cheow Street #03-11 Riverside Piazza Singapore 059608 Phone and fax numbers remain unchanged.

Censere will be presenting a 2 hour workshop on IPO valuation at the "Realizing Value Through IPO" conference being organized by LexisNexis in Kuala Lumpur for 14 & 15 June 2006.

Censere will be presenting a full day business valuation conference in conjunction with Lexis Nexis in Singapore on 11th May 2006.