CHAPTER 1 INTRODUCTION The doctrine of lis pendens1contained in Section 52 of the Transfer of Property Act‚ 1882 (hereinafter “TPA”) and expressed by the maxim ut lite pendente nihil innoveturem bodies the principle of law that “…pending a litigation nothing new should be introduced‚ and provides that pendente lite2‚ neither party to the litigation‚ in which any right to immovable property is in question‚ can alienate or otherwise deal with such property so as to affect his opponent.”3 The basis
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advantage through optimizing flows within the enterprise". The Hong Kong listed company Li & Fung Ltd represents one of the world ’s best examples of achieving this goal. The company financial history clearly tells that story. Just last year‚ L&F saw profit attributable to shareholder increase by 23%. In fact‚ over the past 14 years‚ L&F has seen steady compound annual growth rate of 22%. Not bad performance for a small family company that started in Guangzhou in 1906 trading silk and porcelain. In 1937‚
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ab UBS Investment Research Key Call: Li & Fung The US$2.8b question How much additional funding does L&F need? Management repeatedly highlighted that L&F will make more acquisitions if organic growth remains weak. We conduct an analysis to assess additional M&A funding required in order to make consensus EBIT estimate for 2013 (US$914m). If organic earnings growth reaches 30% YoY (which could be a stretch goal) in 2013‚ the company will need US$2.8b for more acquisitions that generate 4.8% EBIT
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1. What has been the historic strength and strategy for Li and Fung? Since Li and Fung was founded in 1906‚ the company has more than 100 years of history and it is the main historic strength of Li and Fung. It accumulated lots of information and experience‚ which other competitors couldn’t have owned without such a strong historic background. Li and Fung is a publicly traded family company. Speed‚ Solidarity‚ authenticity‚ trust‚ and control are the benefits to running a family business. For example
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Ai Weiwei Speaks Through Art On the 19th of September of 2015‚ the Royal Academy of Arts Gallery in London (RA) launched an exhibition that showcased the works of renowned artist and political activist‚ Ai Weiwei. Ai Weiwei represents a generation of free thinking individuals in China who actively speak out against government corruption‚ censorship and limitation of rights. A large body of Ai’s works were produced in Beijing around 1993‚ some of which have been brought for the exhibition at the
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Amazing Story Of The Oldest Man On Earth: He Lived 256 Years Li Ching-Yuen‚ also known as Li Ching-Yun found the secret fountain of youth‚ as he was reportedly the oldest human on Earth‚ having lived 256 years. His 1933 obituaries which were featured in Time Magazine and the New York Times stated that he had outlived 23 wives and his amazing lifespan exceeds by far the oldest living person up to date‚ who lived 122 years and 164 days. Li Ching-Yuen claims to have been born in 1734‚ but controversial
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How does Li & Fung create value for its customers and suppliers Value for customers: low cost‚ high quality‚ fast delivery time‚ and customized services; and these are achieved by a. Knowledge‚ experience‚ and network of connections with around thousands of suppliers and because of the knowledge network‚ the company knows who is good at producing what at the lowest cost level and delivery time b. Organizing around customer-oriented divisions‚ combining the competitive advantages of different countries-
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AI and medicine promise or threat? AI (Artificial intelligence) is the intelligence showed by machines or software. It is also an academic field which studies intelligent machines and software. The main goals of AI research include reasoning‚ knowledge‚ planning‚ learning‚ communication‚ perception and the ability to move and manipulate objects. AI include sophisticated implants which is when an object or material inserted or grafted into the body for prosthetic‚ therapeutic‚ diagnostic‚ or experimental
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Short introduction to AI: Artificial intelligence (AI) is the branch of computer science that aims to create intelligent machines. There are many different fields where AI is used and many different implementations of it. Advantages: -AI can accomplish tasks that to complex and too dangerous for humans (example: Mars-Mission curiosity)‚ disarming bombs -for tasks that humans don’t want to do (youtube porn rejection‚ violent scene recognition) -as they are machines there is no need for sleep
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UNIVERSITI TEKNOLOGI MARA KEDAH Faculty : Faculty of Accountancy Course Program : Diploma in Accountancy Course subject : Computerized Accounting (AIS 280) Semester : Resource person : Mrs.Zuraini Yaakob 1.0 OBJECTIVE This course is designed to enable learners to have exposure and experience on how to apply spreadsheet software in the area of Financial Accounting‚ Management Accounting and Financial Management‚ to set up computerized accounting information system
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