August 2021, BMI NEWSLETTER, PUBLISHED BY BM INTELLIGENCE GROUP
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HOT NEWS
Mr, Lowell Lo, Chairman of BM Intelligence Group Limited, attended Award Ceremony Promoted Corporate Sustainability in Great Success

In honor of the 17 Sustainable Development Goals (SDGs) proposed by the United Nations (UN), Social Impact Investment and Procurement Foundation, in collaboration with the S.T.A.R.S. Foundation and JCI Ocean, held the "Sustainability Impact Corporate Award for UNSDGs 2021" (SICA) awarding ceremony on 21st August, 2021 from 2 pm to 4 pm at the Asia Society Hong Kong Centre.

SICA is a community development project which aims to promote sustainability impact by recognizing the significant contribution made by corporations for their sustainability impact to local and global societies. The Award includes Excellence and Performance awards, revolving around the assessment of Environmental, Social and Governance criteria of corporations using and referring to the UN standards of the 17 SDGs and the SDG Impact Standards newly initiated by the United Nations Development Program. Aiming to encourage synchronization of community-led sustainable development strategies with other countries in achieving the "2030 Agenda for Sustainable Development".

The prizing ceremony was overall successful. Judging panel includes 22 noble prestigious expertise from Hong Kong, Mainland China, United States, Europe and South Africa. Prestigious Guests including Dr. Roy Luo, Former Director of United Nations Office for Project Services-China, Mr, Roy Lo, Managing Partner of Shinewing CPA and Mr. Matthew Friedman, founder and CEO of The Mekong Club, were invited to deliver a speech advocating the UNSDGs. 

There were around a hundred attendees joined the awarding ceremony physically and over 200,000 audiences participated in the live event to recognise the effort of corporations in achieving sustainability in business operations.

Among the 81 awardees, there were 1 Fortune 500 corporation, 9 listed co and 10 overseas operations originated from the United States, Japan, Canada and Africa. 8 companies were awarded with the “Sustainability Impact Corporate Award | Excellence for SDGs” while 13 participants were merited with the “Sustainability Impact Corporate Award | Performance for SDGs”.

In light of the public and educational influence of SICA, Youth Ambassadors from the “International Exchange Conference of Long March 2021” launched by JCI Ocean were also appointed to spread the rationale of the 17 UNSDGs. The commencement of the “SDGs Petition For Public” was announced with the aim to connect individuals and corporations regarding sustainability impact. In order to urge national governments and global corporations to implement UNSDGs in actions to define the societies and nature for our coming generations, no one should be left behind. 

UPCOMING EVENTS
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. Chow at (852) 2593 9653 or email registration@bmiptc.com.

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

Company Name: Goal Forward Holdings Limited

Stock code: 1854

Circular issue date: 19-08-2021

Project nature:  Property Valuation

Company Name: China Qinfa Group Limited

GroupStock code: 866

Circular issue date: 30-04-2021

Project nature:  Vessel Valuation

Company Name: GR Properties Limited

GroupStock code: 108

Circular issue date: 26-02-2021

Project nature: Property Valuation

Company Name: Future Data Group Limited

GroupStock code:  8229

Circular issue date: 25-01-2021

Project nature: Property Valuation

Company Name: Gemini Investments (Holdings) Limited

GroupStock code:  174

Circular issue date: 10 December 2020

Project nature: Property Valuation

Company Name: Future Data Group Limited 

GroupStock code:  8229

Circular issue date: 13 November 2020

Project nature: Property Valuation

Company Name: Perfectech International Holdings Limited

GroupStock code: 765

Circular issue date: 19 October 2020

Project nature: Property Valuation

Company Name: Golden Faith Group Holdings Limited 

GroupStock code: 2863 

Circular issue date: 16 July 2020

Project nature: Business Valuation and Property Valuation

Company Name: South China Assets Holdings Limited

GroupStock code:  8155

Circular issue date: 26 June 2020

Project nature: Business Valuation and Property Valuation

Company Name: China Dili Group

Stock code: 1387

Circular issue date: 29 May 2020

Project nature: Business Valuation and Property Valuation

Company Name: Rich Goldman Holdings Limited 

Stock code: 70

Circular issue date: 13 March 2020

Project nature: Property Valuation

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
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.

LarVotto - Ap Lei Chau LarVotto - Ap Lei Chau

*Uniqule Joint Units*, High Floor, No. 8 Ap Lei Chau Praya Road, Ap Lei Chau

  • Unit A & B, Tower 1
  • SA: A: 1,941 & B:1,795 sqft, Total : 3,736 sqft
  • 4 Ensuites, plus a stylish design office/study/family room
  • Luxurious renovation & decoration by famous interior designer
  • Large combined living and dining room towards fantastic view
  • The Aberdeen Marina Club & mountain view

For sale :

HK$300M (with 2 car parks)

Property ID : RS-LA-001AB
Date : MAR 08 2020

High Floor, No. 8 Ap Lei Chau Praya Road, Ap Lei Chau

  • Unit C, Tower 9
  • SA: 596 sqft
  • 2 Bedrooms (1 ensuite)
  • Mountain view
  • Club House, Shuttle Bus ...

For sale : HK$15.8M

Property ID : RS-LA-002C
Date : MAR 08 2020

The Royal Court - Mid-Level Po Yue Yuk Building - Mid-Level

Duplex, High Floor, The Royal Court,No.3 Kennedy Road, ML

  • SA: 2,217 sqft
  • 3 large beds (1 ensuite), walk-in closet, 2 baths, large kitchen, large balcony with beautiful central city & harbor view

For sale : HK$98.8M

Property ID : RS-RC-001
Date : MAR 08 2020

Po Yue Yuk Building, 61 Robinson Road, ML

  • SA: 1,114 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 :

Lower Floor : HK$22.80M

Middle Floor : HK$22.98M

High Floor : HK$25.80M

For lease :          

Middle Floor : HK$50K

Property ID : RS-PYY-001/2/3
Date : MAR 08 2020

La Maison Du Nord - Kennedy Town Kin Liong Manison - Kennedy Town

Mid Floor, La Maison Du Nord, 12 North Street, Kennedy Town

  • SA: 350 sqft 
  • 2 Bedrooms
  • Harbour View, balcony at Kitchen

For sale : HK$8.38M (w/lease)

Property ID : RS-LMDN-001-11C
Date : MAR 08 2020

Lower Floor, Kin Liong Mansion, No.16-30 North Street, Kennedy Town

  • SA: 341 sqft + (Balcony : 320 sqft)
  • Convenience location

For sale : HK$6.50M (w/lease)

Property ID : RS-KLM-001-1L
Date : MAR 08 2020

The Waterfront - Tsim Sha Tsui Hang Lok Building - Sheung Wan

High Floor, 1 Austin Road West, Tsim Sha Tsui

  • Unit C, Tower 6
  • SA: 1,136 sqft
  • 2 Bedrooms (1 Large ensuite w/walk in closet)
  • Open Kitchen
  • Harbor View & High Speed Railway Station view
  • Prime location, near Hong Kong West Kowloon Station
  • Good for investment

For sale : HK$32.80M

Property ID : RS-WA-001
Date : MAR 08 2020

High Floor, Hang Lok Building, 130 Wing Lok Street, Sheung Wan

  • GA: 400 sqft
  • Sheung Wan MTR Station Exit B or C, near Western Market
  • Convenience location
  • Western decorated

For sale : HK$5.98M

For lease : HK$16K

Property ID : CS-HL-009A
Date : MAR 08 2020

Siu On Building - Sai Ying Pun Tsim Sha Tsui Mansion - Tsim Sha Tsui

Siu On Building, No.243-245 Des Voeux Road West, Sai Ying Pun

  • GA: 991 sqft
  • Prime location, Opposite Sai Ying Pun MTR Station Exit B3
  • Good for investment
  • One unit per floor
  • Multi function usage
  • Two individual washrooms

For sale :
Range From

Lower Floor : HK$13.60M to

High Floor : HK$15.80M

For lease :

Lower Floor : HK$28K

Higher Floor : HK$24K

Property ID : CS-SO-MIX-001
Date : MAR 08 2020

Shop No.25,29,32 on G/F & 1/F Whole Floor (1-46), Tsim Sha Tsui Mansion,

No.83-97 Nathan Road, Tsim Sha Tsui, Kowloon

  • GA: Total: Approx. 16,000 sqft
  • Private Lift to First Floor
  • Prime Location, Near MTR Tsim Sha Tsui Station Exit A

For Lease: HK$480,000-

Property ID : CL-TSTM-001A
Date : MAR 08 2020

 

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. Chow at (852) 2593 9653 / meko.chow@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 Ms. Sarah Chan on (852) 2593 9650 or by registration@bmiptc.com

 
ECONOMIC SUBSTANCE REGULATIONS
ANNUAL OBLIGATIONS
In order to address the EU Code of Conduct Group’s concerns about “economic substance”, some of the governments, says, Bermuda, the British Virgin Islands and the Cayman Islands, have passed legislations that 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. Entities are required to submit economic substance notification to update the registered agent’s system and to submit annual return with additional filing fee. Late filing will be subject to government penalties. The annual maintenance fee will be slightly adjusted accordingly.
 
TAX RESIDENCE
“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.
 
Other entities that carry on relevant activities 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, such as Hong Kong, will be required to ensure that the substance of the relevant activity is carried on within that jurisdiction.
 
For entities which would like to demonstrate tax residency in Hong Kong, we may assist in registration as non-Hong Kong Company under Part 16 of the Companies Ordinance in Hong Kong and obtaining Certificate of Resident Status from the Inland Revenue Department.
 
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


 
 
 

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BM Intelligence Group
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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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