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.

Censere Group is pleased to advise that we have recently added actuarial valuation to our range of services. This is in response to demand from existing clients who operate employee benefit schemes and have requirements to undertake valuations for financial reporting purposes. Completed actuarial valuation engagements inlcude: - Fosun Group - Hitachi Elevator - SIA Engineering With the addition of actuarial valuation services, Censere now offers comprehensive services for financial reporting purposes. Services include: - Purchase price allocation (all classes of assets and liabilities) - Impairment testing (all classes of assets) - Employee benefit scheme valuations - Stock option valuations - Valuation of debt/equity instruments For advice in any of these areas, please contact your nearest office.

Brett Shadbolt will be speaking at a breakfast event jointly organised by Lowndes Associares, LexisNexis and the Auckland Chamber of Commerce on August 16th 2005. The program can be downloaded from here

Brett Shadbolt, Managing Director of Censere Group will be presenting a module titled "creating, Measuring & Managing Knowledge Assets" as part of the HK Knowledge Management Society Summer Program. The program outline can be downloaded from here.

As part of a continuous review of operations, Censere has restructured its business into three operating Divisions; Financial Valuation & Advisory, Technical Valuation & Advisory and Intellectual Capital Management. Previously, Censere offered all of its services via a single operating unit with services split into four main service lines. Under the new structure, we have dedicated staff in each of the three Divisions which will enable us to further strengthen skills and experience in each area and clearly promote each area as a centre of competence. From a client perspective, many of our engagements extend to two or more lines of service and we have always managed this by appointing an engagement manager to ensure that all facets of the engagement are properly coordinated.

Following the recent introduction of IC Audit services using the IC Rating method developed by Intellectual Capital Sweden, Censere is pleased to announce that we are forming a new Division to focus on the area of Intellectual Capital Management. The new division, headed by Yung Shadbolt, will undertake the services previously offered under the heading of Intellectual Asset Management, together with the IC Audit service and several additional services which we will be introducing shortly. Intellectual capital management is rapidly becoming mainstream and this new initiative will enable Censere to promote related services in a more coherent manner. Our other services lines - Financial Valuation, Financial Advisory and Technical Valuation and Advisory will be grouped under the Valuation and Financial Advisory Division. Over the next few weeks our website and marketing material will be revised to reflect this new structure. Please be sure to check in regularly for updates.

Brett Shadbolt, Managing Director at Censere has been invited to talk to MBA students at Chinese University of HK on April 30th, 2005. The topic of his talk is "The Valuation of Businesses - A Real Life Perspective".

Censere will be presenting a full day training seminar about business valuation on January 27th 2005. The seminar, which is being organised by LexisNexis, will be held in Singapore. Anybody who is intersted in attending the event can contact either Yung Shadbolt at +65 9188 9160 or LexisNexis at +65 6349 0135.

Censere Group is very pleased to advise that we have just opened an office in Auckland, New Zealand. This brings our number of offices throughout Asia Pacific to seven. We initially have two people in the Auckland office:

Anthony Dentice, Associate Director, Intellectual Capital Management Ray Graham, Associate Director, Technical Valuation & Advisory Our Auckland office is located at Level 27, PWC Tower, 188 Quay Street and the contact numbers are: Tel +64 9 363 2903 Fax +64 9 363 2904

Please feel free to contact either Anthony or Ray if you would like any further information about Censere in New Zealand.

Censere has recently become the newest partner of Intellectual Capital Sweden AB, a leader in the development of intellectual capital rating services. Their IC Rating tool is highly regarded in the market and has been used by more than 250 companies worldwide as a means of gauging the relative strength of all of the various intellectual capital assets that might exist within a company. Effective immediately, Censere is now offering this service to clients around Asia. Intellectual Capital includes all factors critical to an organisation’s future success, that are not shown in the traditional balance sheet. Such factors include the overall business strategy, effective management, a capable and focused workforce, an established client/supplier network, efficient use use of intellectual property, properly structured office standards and work procedures. A brief summary of IC Rating can be found here. For further information please contact your nearest Censere office.

Following quickly on the heels of the opening of our Sydney office, Censere is pleased to announce that we have just opened an office in Shanghai. While Censere's Hong Kong office has always been very active in China, the opening of our office in Shanghai will help to strengthen our presence in China. Contact details for our Shanghai office are as follows: Room 206, 2/F Dong Yi Building 88 Chang Shu Road Shanghai 200040 China Tel. (86-21) 6429-2619 Fax. (86-21) 6429-4308 e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. For further information please contact Gareth Huo on the above numbers or Brett Shadbolt at +852 2179-2001.

Brett Shadbolt, Managing Director, will be presenting a paper concerning the recent developments in PRC valuation practices at the China Tax Conference organised by Business Informaiton Associates in Singapore on July 23rd, 2004. A copy of the conference program can be obtained here: Conference Program

Brett Shadbolt, Managing Director, will be presenting a paper concerning the recent developments in PRC valuation practices at the 2004 Euromoney China Tax Conference in Hong Kong on July 7th & 8th, 2004. A copy of the conference program can be obtained here: Conference Program

Effective June 1st 2004 Censere now has an office in Sydney. We are located at Level 57, MLC Centre, Martin Place, Sydney, NSW2000, Australia. Our contact numbers are as follows: Tel. (61-2) 9236-7313 Fax. (61-2) 9236-7314 e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. For further information please contact either Mr Andrew Nock on the above numbers or Mr Brett Shadbolt at +852 2179 2001.

Censere Group is very pleased to announce the opening of our office in Bangkok, Thailand, effective 1st December 2003. We initially have three people based in Bangkok will provide a full range of services with our other offices acting in support when required. Please contact either Mr Monchai Sooksiri on +66 1 840 3022 or Mr Brett Shadbolt on +65 9008 6080 if you would like any further information.