• Wed
  • Sep 17, 2014
  • Updated: 11:13am


Soundwill concentrates on development and looks to partnerships

Soundwill Holdings, the investment holding company that has acquired around 100 sites in urban areas to sell on for redevelopment in the past 20 years, has slowed the pace of assembling control of old properties.

Monday, 28 January, 2013, 4:39am

List of claims against Grant Thornton grows

Grant Thornton and its fugitive former managing partner Gabriel Azedo have been hit with more claims, this time from accounting firm Moores Rowland for allegedly failing to fulfil its part of a merger involving a secretarial services company it owns.

28 Jul 2010 - 12:00am

Go global with business partners

In today's competitive world, companies have to expand beyond their national frontiers to survive.

They have to seek new markets and launch products that suit consumer tastes and work on strategic partnerships to be more effective.

Getting a partner to gain a foothold in an overseas market is important as it helps home-grown companies expand.

22 Jun 2010 - 12:00am

Partnership rules hailed as a lure for foreign funds

Tax breaks now available to China investment funds that are structured as partnerships offer a 'breakthrough' that could unlock a flood of new capital into the mainland, financial consultancy Deloitte Touche Tohmatsu forecasts.

21 Dec 2009 - 12:00am

Beijing allows foreigners to set up partnerships

Beijing yesterday issued new rules that allow foreign firms to set up partnerships on the mainland, giving foreigners another avenue to conduct business in the country.

The new regulations do not cover investment-oriented partnerships, as regulators said they lack experience in dealing with these businesses and need to study their risks.

3 Dec 2009 - 12:00am

New accountancy legislator puts liability at top of agenda

Newly elected accountancy legislator Paul Chan Mo-po plans to use his position to push for reforms that will allow accounting firms to be set up as limited liability partnerships in Hong Kong, in line with international practices.

16 Sep 2008 - 12:00am

Some Islamic banking products

Cost plus or mark-up transaction: (murabaha) contract where the bank buys an instrument required by its customer and sells it to the customer at the same price plus a declared profit or mark-up.

Profit and loss sharing (mudaraba and musharaka): the bank forms a partnership with the borrower and shares the venture's profits and losses. It is similar to joint venture.

23 Jun 2008 - 12:00am

Review of changes to liability rules will just have to wait

The government has told our accountancy friends that they would all need to wait until after the Chief Executive selection at the end of this month before the administration had time to study a proposal by the Hong Kong Institute of Certified Public Accountants that would change partnership regulations to limit the liability of penny counters in the event of a major lawsuit.

13 Mar 2007 - 12:00am

Accountants say limiting liability is vital for HK

Hong Kong is in danger of losing its status as an international financial centre if the city's professional liability framework continues to lag global standards, according to the city's top accounting regulatory body.

1 Apr 2005 - 12:00am

Accountants want greater protection from lawsuits

Proposal aims to protect partners from claims made against a colleague

The Hong Kong Institute of Certified Public Accountants has agreed to submit a proposal to the government calling for a change in partnership structures that would limit the liability of accountants in the event of a major lawsuit.

29 Nov 2004 - 12:00am