July 2019, BMI NEWSLETTER, PUBLISHED BY BM INTELLIGENCE GROUP
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UPCOMING EVENTS
免费讲座《由初创到上市》

由邦盟汇骏专业培训中心协办,并由ITAA(资讯财务师协会)主办的《由初创到上市》讲座,是次讲座将会分享初创企业通往上市的道路中,需要做的准备;更有如何申请政府资助,为初创人士减少经济负担等的专题分享。

 
日期:30/8/2019
时间:5:00PM-6:30PM
地点:铜锣湾世界贸易中心会38楼
邀请对象:初创、中小型、传统企业或有兴趣之人士
 
免费讲座,位置有限,敬请提前报名。
 
 
Finance Ph.D Degree in Xiamen University,WISE

Overview of Xiamen University:

Xiamen University is a state vice-ministerial level key university and was included in the list of “211 Project” and “985 Project” for the state key construction. It is one of the three earliest universities to develop the post-graduated education.

  • Ranked sixth on China top ten scientific research institute (issued by Nature).
  • Ranked top 20th in the 2017Chinese University Alumni Association university ranking list.
  • Finance, statistic and accounting programmes ranked 1st in China.
  • With over 140 research institutes and more than 38,000 on-campus post-graduate students.

Mode of study: Part-time

Mode of funding: Self-financing

Applicants must:

  Hong Kong, Macao and Taiwan residents; and

  hold a Master’s degree.

Normal study period: 4-8 years

Research directions: Financial econometrics and forecasting, Financial Markets and Investment, Financial and Risk Management, Corporate Finance, Cross-strait financial market research, Macroeconomic analysis and forecasting, Labor economics and human resource management, and Industrial organization.

Tuition: HK$180,000 (RMB 150,000) in three phases

Certificate: Ph.D degree and graduation certificate

The Advantages of WISE Ph.D

  • Complete the entire PhD programme normally in four years .
  • Weekend classes, will NOT affect weekday work.
  • Able to join Xiamen University Hong Kong/Macao/Taiwan Alumni Association to expand the career platform.

For more information, please contact Ms. Chung at (852) 3970 9235 or email registration@bmiptc.com.

 
LATEST SUCCESSFUL PROJECTS
Recently Successful IPO and Public Circular Cases of BMI Appraisals Limited:
Valuation Projects

Company Name: Common Splendor International Health Industry Group Limited

Stock code: 286

Circular issue date: 26 July 2019

Project nature: Business Valuation

Company Name: Feiyu Technology International Company Ltd.

Stock code: 1022

Circular issue date: 5 June 2019

Project nature: Property Valuation

Company Name: Hong Fok Land International Limited

Stock code: Bermuda Co.

Circular issue date: 26 April 2019

Project nature: Property Valuation

 

Company Name: Rich Goldman Holdings Limited

Stock code: 70

Circular issue date: 27 March 2019

Project nature: Property Valuation

 
Company Name: CNT Group Limited
 
Stock code: 701
 
Circular issue date: 26 March 2019
 
Project nature: Property Valuation

 

Company Name: Dynasty Fine Wines Group Limited

Stock code: 828

Circular issue date: 15 November 2018

Project nature: Property Valuation

Company Name: Camsing International Holding Limited

Stock code: 2662

Circular issue date: 31 October 2018

Project nature: Business Valuation

Company Name: Wuxi Sunlit Science and Technology Company Limited

Stock code: 1289

Circular issue date: 20 June 2018

Project nature: Property Valuation 

 

Company Name: Hopefluent Group Holdings Limited

Stock code: 733

Circular issue date: 22 June 2018

Project nature: Business Valuation 

 

Company Name: Techcomp (Holdings) Limited

Stock code: 1298 (Hong Kong Stock Code) / T43 (Singapore Stock Code)

Circular issue date: 29 June 2018

Project nature: Property Valuation

 

Company Name: Renhe Commercial Holdings Company Limited

Stock code: 1387

Circular issue date: 29 June 2018

Project nature: Business and Property Valuation

 

PROJECTS RECOMMENDATION
ECONOMIC SUBSTANCE REGULATIONS

BACKGROUND

The Council of the European Union (EU) adopted a resolution on a Code of Conduct for business taxation, the aim of which was counteracting the effects of zero tax and preferential tax regimes around the world.  On 3 December 2017, the EU proposed their list of “non-cooperative” taxation jurisdictions, popularly referred to as the “EU Black List” which will be reviewed at least once a year.
 
LEGISLATION
Following assessment by the Code of Conduct Group (Group), each non-EU relevant jurisdiction was required to address the Group’s concerns about “economic substance”. Some of the governments, says, Bermuda, the British Virgin Islands and the Cayman Islands, have passed legislation that will require certain legal entities carrying on “relevant activities” to have “economic substance” in the jurisdiction, which includes having adequate employees and premises for carrying out the management as well as certain filing requirements. No action is required if an entity is not carrying on a relevant activity.
 
HOLDING COMPANY
No matter it is a listed company or a private company, a “pure equity holding entity” which only holds equity participations in other entities and only earns dividends and capital gains, will be subject to reduced requirements in meeting the economic substance requirements, which may be satisfied by engaging its registered agent and maintaining a registered office in the jurisdiction. Exact requirements are still in the course of further amendment.
 
TAX RESIDENCE
An entity that carries on a relevant activity during a reporting period will not need to meet the economic substance requirements during that reporting period if it is resident for tax purposes in another jurisdiction which is not on the EU Black List for the entirety of that reporting period. Entities will be required to report where they are tax resident and to furnish proof of tax residence.
 
Entities which seek to take advantage of another jurisdiction’s zero or low tax regime, while carrying on their business substantially in another jurisdiction will be required to:
a) ensure that the substance of the relevant activity is carried on within that jurisdiction, or
b) discontinue the activity, or modify it so it no longer falls within the scope of a relevant activity, or
c) demonstrate a tax residence in another jurisdiction which is not on the EU Black List.
 
The specific provisions on the economic substantive regulations are still being drafted and are subject to further publication by the respective jurisdictions.
 
NORCOLA COMPANY LIMITED, a member of BM Intelligence Group, provides our clients with a comprehensive range of corporate secretarial services and solutions to fulfil the Economic Substance Requirements. For more information, please contact:-
Name      :       Ms. Eva Lam
Tel           :      (852) 2159 5003 / (852) 5175 2662
Email       :       info@norcola.com.hk 
 
 
Hong Kong real-estate project and house for lease

Infiniti Pacific Properties Limited  is an international real-estate service provider. We provide a full range of real estate services, spanning from corporate occupier services to strategic consultancy, project appraisal, valuation, feasibility studies and market research, property management, facilities and asset management and transactional services. Following are some of our promoting projects.

Duplex - The Royal Court (Mid-Level) The Oakhill - Wan Chai

High Floor, Duplex, The Royal Court, 3 Kennedy Road, ML

  • SA: 2,217 sqft
  • GA: 2,800 sqft
  • 3 large beds (1 ensuite), walk-in closet, 2 baths, large kitchen, large balcony with beautiful central city & harbor view
  • For sale: $83.8M w/lease

High Floor A & B (two units on one floor), The Oakhill, No. 28 Wood Road, Wan Chai

Each unit size: SA: 1,185sqft, GA: 1,551 sqft

  • 3 beds (1 ensuite), 2 baths, maid’s room (w/ bath)
  • 2 balconies with race course view & city harbor view
  • Prime Prime location in Wan Chai close to MTR
  • Good for investment, Best school district
  • 50 A&B Both $70M w/Lease (sale by company)
  • Each unit for $35M w/Lease
  • Car park space $2.2M each
Po Yue Yuk Building - Mid-Level The Oakhill - Wan Chai

Mid Floor, Po Yue Yuk Building, 61 Robinson Road, ML

  • SA: 1,114 sqft
  • GA: 1,463 sqft
  • Two Bedrooms (1 large ensuite), study area, 2½ baths, Maid room
  • Balcony with open view
  • One unit per flat; private lift to your own unit
  • For sale HK$20.8M
  • For lease HK$55K

Special Unit, The Oakhill, No.28 Wood Road, Wanchai

  • SA: 644 sqft 
  • GA: 877 sqft
  • 2 beds (1 ensuite), 2 baths, maid’s room
  • Private, huge with split level terrace SA: 1,347 sqft with open view (Happy Valley & Wanchai view)
  • Prime and convenience location, close to MTR
  • For sale w/lease: $ 18.8M
Clear Water Bay - Beautiful House by Beach Pak Fai Mansion - Macdonnell Road, Mid-Level

42 Sheung Sze Wan, Lot No.655 in DD230 Clear Water Bay

  • Saleable area 2,100 sqft
  • 3-storey village house with large front terrace facing seaview
  • Nearby beachside, full seaview
  • 4 beds (1 ensuite) with car parking space
  • For Sale: $29.9M w/lease

Unique JOINT Units

Pak Fai Mansion, Unit C & D, No. 72 Macdonnell Road, Mid-Level

  • Size: SA: 2,579 sqft, Unit C & D
  • 3 beds (1 large master ensuite), 1 study room, 3.5 baths
  • 1 large family room with open fully equipped open kitchen
  • 1 large living & dining area
  • Balcony with open city view with greenery
  • For sale: HK$ 49.8M
Jade Garden - Robinson Road (MLW) Cavendish Heights - Perkins Road, MLE

Mid Floor, Jade Garden, 105 Robinson Road, MLW

  • SA: 1,304 sqft
  • GA: 1,628 sqft
  • 3 beds (1 ensuite)
  • Large balcony w/greenery view
  • Modern kitchen with fully fitted kitchen appliance
  • Convenience location to Central, SoHo Area
  • For sale: $28.8M w/ 1car park space

High Floor, Cavendish Heights, 33 Perkins Road, MLE

  • Size: N 1,510’ / G 1,819’
  • 3 beds (1 ensuite), 2 baths, large modern kitchen, maid room
  • Large balcony with beautiful greenery / seaview
  • Newly renovated with fully equipped kitchen & upgraded baths
  • 1 car park space
  • For lease: HK$69K
North Point Industrial Building - North Point
  • Gross: 8,750’ Second floor
  • Close to MTR, prime location
  • Suitable for designer’s show flat, printing / publishing, IT software companies, office / warehouse
  • For lease: HK$18 per sqft

 

For details, please contact Ms. Monita Luk at (852) 9333 3124 / (852) 6982 3998 / mluk@infinitip.com
 
Tailor-made corporate training – Directors' Training

BMI Professional Training Centre Limited strives to provide professional, high quality and reliable training courses. Apart from regular courses with fixed schedule and content, we also tailor-made corporate training courses that fulfill unique demands of corporate clients.

Our popular tailor-made directors' training courses covers a comprehensive range of topics related to listing rules, including director responsibility, code on corporate governance, responsibilities of the Board of listed companies and overview of Hong Kong Listing Rules etc. Our courses are recognized by HKEX.

Interested parties or organizations may visit our website: http://www.bmiptc.com

Or contact Ms. Chan at (852) 3970 9230 / schan@bmintelligence.com


 
Economic Conference Room Rental Package

BMI Professional Training Centre is pleased to offer the rental of conference room at a convenience location in Wan Chai. it is suitable for organizing events, such as seminars workshops, training, press conferences.

MORE INFORMATION 

Should you have any enquires, please feel free to contact us on (852) 3970 9235 or by registration@bmiptc.com

CONTACT US
Department Contact Telephone Email
BMI Consultants Limited Mr. Lowell Lo (852) 2593 9688 llo@bmintelligence.com
BMI Appraisals Limited Ms. Joannau Chan (852) 2593 9634 jwfchan@bmintelligence.com
BMI Technical Consulting (Resources) Limited Mr. Derek Chan (852) 2159 5058 dchan@bmintelligence.com
BMI Technical Consulting (Biological Assets) Limited Mr. Marco Sze (852) 2593 9630 msze@bmintelligence.com
BMI Environmental Consultancy Limited Dr. Tony Cheng (852) 2593 9633 tcheng@bmintelligence.com
BMI Funds Management Limited Ms. Joanne Wong (852) 3582 2778 jwong@bmintelligence.com
BMI Securities Limited Ms. Maggie Tang (852) 3575 1388 mtang@bmintelligence.com
BMI Investment Migration Services Limited Mr. William Mak (852) 6303 1010 wmak@bmintelligence.com
BMI Corporate Services Limited Ms. Janice Lam (852) 2593 9662 jalam@bmintelligence.com
BMI Technology IP Services Limited Mr. Benny Yiu (852) 3970 9243 benny.yiu@bmintelligence.com
BMI Professional Translation Services Limited Mr. Willis Ho (852) 2593 9616 who@bmintelligence.com
BMI Business Centre Services Limited Mr. Manuel Chan (852) 2593 9627 mchan@bmintelligence.com
BMI Innovation Limited Ms. Sarah Chan (852) 3970 9230 schan@bmintelligence.com
BMI Professional Training Centre Limited Ms. Sarah Chan (852) 3970 9230 schan@bmintelligence.com
BMI Listed Corporate Services Limited Mr. Lowell Lo (852) 9039 9345 llo@bmintelligence.com
Norcola Company Limited Ms. Eva Lam (852) 2159 5003 eva.lam@norcola.com.hk
Infiniti Pacific Properties Limited Ms. Judy Chai (852) 3970 9288 jchai@infinitip.com
BMI Advisory Pte Ltd. Mr. Kam You Kin (65) 6535 9595 yk@bmintelligence.com
BMI Consultants (Shenzhen) Limited Ms. Julia Wang (86) 755 8256 9699 juliawang@bmintelligence.com
Shenzhen BMI Financial and Tax Consultants Limited Ms.Shirly Ge (86) 755 82569639 shirlyge@bmintelligence.com
BMI Corporate Advisory (Shanghai) Limited Ms. Linda Wang (86) 21 6346 1200 lindawang@bmintelligence.com
BMI Corporate Advisory (Xiamen) Limited Mr. Ken Shen (86) 59 2519 0921 kenshen@bmintelligence.com
BMI Corporate Management Consultants (Jiangxi) Limited Ms. Pi Yan Juan (86) 133 3011 2270 pyj1234567@163.com
BMI Corporate Advisory (Beijing) Limited Ms. Pi Yan Juan (86) 010 5870 6784 pyj1234567@163.com
BMI Corporate Advisory (Zhejiang) Limited Ms. Wan Chen (86)139 0575 5796 wchen@bmintelligence.com
BMI Consultants (Wenzhou) Limited Ms. Jiang Hai Zhen (86) 577 8550 9867 haizhen-2007@163.com
Shenzhen BMI Secretarial Services Limited Ms. Kallie Chan (86) 755 8256 9667 kalliechen@bmintelligence.com
BMI Consultants (Wuhan) Limited Mr. Zhang Guo Chang (86) 27 8752 8360 wuhan@bmintelligecne.com
Jiangxi Enterprise Service Co., Ltd (BM ZHUOYOU) Mr. Yang Yu Le (86) 791 8206 1393 jxqfwy@163.com
BMI Guangdong Investment Management Limited Mr. Deng Xiao Xing (86) 139 2361 7888 13923617888@163.com
Guangdong BMHL Investment Company Ms. Hong Cai (86) 0768 2289188 2376359705@qq.com

Published By:

BM Intelligence Group
33rd Floor, Shui On Centre, 6-8 Habour Road, Wanchai, Hong Kong
Tel:  (852) 2802 2191
Fax: (852) 2802 0331
E-mail:    info@bmintelligence.com
Website: www.bmintelligence.com

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Disclaimers:
  • This document is for the information of the clients of BM Intelligence Group only and is not for the publication in the Press or otherwise.
  • The contents of this document shall not constitute any representation by BM Intelligence Group or its associated companies. Any expressions of opinion therein shall not be regarded to be advices from BM Intelligence Group or its associated companies and shall not be relied upon by companies and shall not be relied upon by recipients of this document without seeking their own professional advices.
  • To the best knowledge of BM Intelligence Group, the information contained in this document is accurate at the time of printing.
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