SECLINK MANAGEMENT CONSULTANTS SDN. BHD.

Transcription

1 SECLINK MANAGEMENT CONSULTANTS SDN. BHD. Limited Liability Parternership Corporate Governance ACQUIRING OF LAND BY A LIMITED LIABILITY PARTNERSHIP AND RELATED MATTERS 1. BACKGROUND 1.1 An LLP is a body corporate with unlimited capacity and is capable of doing and suffering any act or things that a body corporate may lawfully be allowed to do or suffer including the ability to hold property under its own name. 1.2 With the introduction of LLP as an alternative business vehicle, it is inevitable that an LLP may acquire or dispose properties in the course of its business. 1.3 Additionally, since the Limited Liability Partnerships Act 2012 (LLPA 2012) allows the conversion of conventional partnerships and private companies to LLP, the issue of transfer of properties from partners of the conventional partnerships and the private companies, as the case may be, must also be appropriately addressed to avoid any adverse legal implications. Portfolio Plan When you truly love, you want to protect with all your heart. A little protection, like a little love, just won t do. Like you do your utmost for the people you love, we want to give the best there is in protection. The kind you have grown to expect only from intelligent protection. That, in essence, is what our story is all about. Apart from our promise of protection, we also want you to have a wonderful experience with our brand. That s why we are determined to become a customer centric organisation. We try our best to respond promptly to your needs. We maintain financial discipline to protect your interests. And constantly deliver fresh, relevant products to meet every needs. We measured by people like you intelligent customers, experienced distributors, business partners, talented employees and far-sighted shareholders. 1 of 8

2 You don t need to worry about risks. That s our promise to you. Everyone has a difference approach to life and to risk. Every customer needs a different plan. That s the basis of intelligent protection. Whoever you are, young or old, whatever you do, retiree or businessman, we can manage and plan for your risks. We offers a diverse portfolio of innovative solutions which cover all that matters to you your family, your employees, your business and assets. COMING TOGETHER IS A BEGINNING KEEPING TOGETHER IS PROGRESS WORKING TOGETHER IS SUCCESS OUR VALUE IF U WANT TO BROADCAST BEAUTIFUL MUSIC, U MUST PLAY THE BLACK AND THE WHITE NOTES TOGETHER. THE UTMOST FINANCIAL PLANNING PROCESS IS CLIENTS FIRST IRRESPECTIVE ALL ASPECT. BUSINESS MODEL DESIGN 2 of 8

3 MAKING A DIFFERENCE Who are some of the leaders in charge to transform Financial Reporting to Reflect True Business Value. Educator and Governance Leader There are multiple definitions of governance and many role players within the corporate governance framework of an organization. Notwithstanding the numerous other role players such as the finance director and head of risk and internal audit, the company secretary needs to take the lead on issues relating to governance. This would include ensuring the adequacy of the governance framework, including that for board committees, mandates as well as ensuring compliance with relevant legislation. The role of a governance leader encompasses the important function of ensuring that a proper board education program is in place. Together with the chair, the company secretary will ensure that new directors are properly inducted into the organization and that there is an adequate and meaningful ongoing professional education program for directions. To provide an adequate service in this regard, it is important that the company secretary Have a deep understanding of the business; Get to know the new nonexecutive directors so as to understand what knowledge they have and where any potential knowledge gaps may exist to be addressed in a custom-made induction program. Knowledge of an individual will also assist with an assessment of the type of learning programs that would work best for that individual director; Consider current and potential issues that may arise in the business to ensure that the ongoing board education program actively provides the nonexecutive directors with the necessary skills and information to meet their ongoing board duties; Continuously review the content of an ongoing board education program with management to ensure that the directors are prepared for any new market or regulatory developments and new products; and Ensure that both the induction and ongoing education program are aimed at providing the nonexecutive directors with sufficient knowledge of the organization and its products, risks, and stakeholders so that the directors can adequately fulfil their fiduciary obligations. 3 of 8

4 . Way in which the secretary can provide invaluable advice to the chair in the boardroom itself.being an independent observer to proceedings allows the company secretary to ck up on issues that are not immediately apparent.bringing these to the attention of the chair can avoid conflict and ensure that there is input from all directors and that the concerns of all directors are heard. Role as Company Secretary Role as Company Secretary 1. Compliance Officer 2. Advisor/ Confidence 3. Comms/ Liaison 4. Educator/Governance Leader 5. Relationships 6. Annual Report and External Communications 4 of 8

5 Integrated Solutions and Platform for Business Owners and Corporations *CORPORATE SERVICES - COMPANY INCORPORATION *BUSINESS ADVISORY - LICENSING *CONSULTING & FINANCIAL PLANNING - RESEARCH TOOL *ADMIN & MANAGEMENT - PROFESSIONAL DEVELOPMENT *TAX PREPARATION *AUDIT & ASSURANCE - ACCOUNTING Our Private Clients menu Acting as trustee for collective investments schemes, private funds and mutual funds-setting up private trust for individual for asset protection and family succession planning -Setting up Islamic Trusts -Providing Business Succession Planning for business owners and partnership -Will writing and executorships For Fund Services we can assist by: -Acting as trustee for collective investments schemes, private funds and mutual funds -Providing fund administration and Net Assets Value (NAV) calculation Our Corporate Services menu: -Formation of companies and registration of branches -Setting up of representative office -Bookkeeping and payroll services 5 of 8

6 -Trade support -Licence applications -Employment pass application -Setting up Special Purpose Vehicle (SPV) for corporate restructuring and issuance of assess backed securities -Act as corporate administrator for SPV and securitisation exercise -Provide nominee directors and shareholders services -Provide corporate secretarial and administration services For Structured Finance we can assist by: -Acting trustee for securitization financing debentures and loan stocks -Acting as escrow agent, stakeholders and custodian Our solutions for Private Clients -Asset protection -Administration of trust -Estate planning for future generations -Succession planning that minimizes business continuity cost -Ring fencing of assets against creditor claims -Wealth preservation and enhancement initiatives devised by regularly reviewing and reporting portfolio performance -Risk management by limiting personal liability and taking advantage of favourable legislative regimes in various jurisdictions and DTAs -Establish philanthropy and charitable causes by facilitating the ability to donate money or goods to support charitable purposes Our Corporate Services Menu -The complete set of services to establish and maintain corporate entities within the appropriate legal, regulatory and tax framework (e.g. corporate management, secretarial support, on-going, reporting, regulatory compliance). -Accounting and business process outsourcing. -Establishment and administration of corporations, limited partnerships and special purpose vehicles in co-operation with third party advisers. 6 of 8

7 -Implement and operate the most tax efficient structuring available in the market. -Set up and administration of private equity funds. -Bookkeeping. -Trade support services. -Licence applications and employment vehicles. Why Choose Us Seclink Management Consultants Sdn Bhd is in the best position to provide a global "one stop shop"because we : *provide multi-jurisdictional administration,accounting & transaction services. *are independent. *strive to understand our clients business and established a longstanding partnership. *provide quality,custom-built solutions to help our clients meet their personal and business needs. *have talented & experienced professional offering local knowledge with global expertise. Our Services Based from Jalan Horley in Ipoh, Perak, SEC Link Management Consultants Sdn Bhd is the business management consultant established since We offer comprehensive consultations and advisory ranging from: *Corporate Secretarial *Business Advisory *Integrated Financial Provider *Wealth and Risk Management *Investment Portfolio Planning *Business Succession Planning *Strategic Asset Allocation *Licensed Financial Planner 7 of 8

8 SECLINK MANAGEMENT CONSULTANTS SDN. BHD. No. 4, Jalan Horley, 30300, Ipoh, Perak, Malaysia Tel Fax Mobile Phone of 8