act in good faith in the interests of the company Liability for fraudulent trading: s 340(1) General law Duties Loyalty and good faith THE DUTIES Care and diligence Duty to act honestly and to use reasonable diligence: s 157(1) Statutory Duties Duty to act with reasonable care and diligence Administrative duties: Eg general disclosure: s 165; keeping accounting records: s 199; calling AGMs; s174 etc Liability for wrongful / reckless trading: s 399(3) 1 Some things to
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Introduction Before explaining the Formula One (“F1”) event in Singapore‚ this report will firstly highlights and explain the background/rationale/nature of the F1 as world’s most prestigious motor-sporting event along with the Moto GP. Funded and developed by world’s best car and automobile manufacturers‚ such as Mercedes-Benz‚ Ferrari‚ McLaren and many others‚ as well as supported by various corporate and investors (Red-Bull‚ Air Force India and others)‚ F1 has been emerged as the “show-offs
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Introduction Singapore Airlines was founded in the year 1947 as the Malayan Airways Limited (MAL) during the British invasion at the Tanah Melayu. After the events Independence in 1957‚ the Malayan Airways Limited has changed its name to Malayan Singapore Airlines (MSA). However‚ the company name should be changed again as a result of the separation of Singapore from Malaysia in 1965. This company was separated in two different entities which are the Malaysian Airlines (MAS) and the Singapore Airlines
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English: General Instructions 1. Attempt all four question. 2. The intended marks for questions or parts of questions are given in brackets. 3. You are advised to spend not more than 35 minutes in answering Question 1and 20 minutes in answering Question 2. Question 1(Do not spend more than 35 minutes on this question.) Write a composition (350 400 words) on any one of the following:a. Imagine a situation in which a character from your favourite book comes alive. Write an imaginary account of a
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The adolescent years are among the most tumultuous of the entire lifespan. What do you think is the most challenging area of growth for an adolescent? For the parent of the adolescent? The journey of childhood to adolescence can be a difficult adventure for all involved. Dr. Chap Clark touched on many aspects throughout his video presentation about the do’s and don’ts that we as parents/guardians need to be made aware of. The 1st key that Dr. Clark talked about was understanding
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FOCUS 13—24 Young consumers in Singapore Wang Hongjun‚ a young consumer and youth researcher‚ provides an insight into youth lifestyles in Singapore YOUNG CONSUMERS tend to be more experiential and receptive to new products and images. They like to discover new ‘cool’ products for themselves and are constantly on the lookout for new trends and brands. This target demographic‚ more so than any other‚ is tremendously viral and connected. Young consumers are always on the lookout for fun and
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dialect groups‚ religion‚ and many other categories. Therefore the various classification of culture itself may seem endless. The purpose of this report is to identify the Chinese culture in Singapore‚ particularly aspects that are important for foreign businesses. 2.0 The background of Chinese in Singapore The traditional Chinese society basically evolved from Confucian teachings: If you want to rule the state‚ first put your house in order; if you want to put your house in order‚ first
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Executive Summary TRENDS • In 2011‚ the total volume growth of coffee was 5%‚ which was a similar trend as in 2010 due to the continuous strong economic growth in Singapore. Due to the high density of on-trade channels including chained local coffee shops such as Ya Kun Kaya Toast and Old Town White Coffee and chained Western-style specialised coffee shops such as Starbucks and Gloria Jean’s Coffee‚ coffee drinking culture has penetrated into the Singaporean market. The manufacturers have also
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While many people believe statutory rape laws are unfair in various situations because they hinder relationships intimacy‚ ultimately statutory rape laws are effective because they keep predators away‚ decrease unplanned pregnancies and encourage abstinence. Statutory rape is when an adult has intercourse with anyone under the age of consent. This could be vaginal‚ oral‚ anal and mutual masturbation. There are numerous amounts of cases on the statutory rape law. Many of which people believe are unfair
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Singapore Workforce‚ 2012 Highlights Singapore‟s resident labour force grew faster in 2012‚ reflecting the increase in resident labour force participation rate to a new high1 of 66.6% in 2012 from 66.1% in 2011. The resident labour force rose by 1.9% over the year to 2.12 million in June 2012‚ up from the growth of 1.6% in 2011. Nevertheless‚ this was substantially below the average increase of 2.6% p.a. from 2002 to 2012‚ reflecting the slower growth in resident population in recent
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