Offer Of Hot Briquettes IronI

Product                         - Hot Briquetted Iron (HBI)

Origin                           - Oman 

Specification                  -
Total Fe                                                =       90%, Min

Metallic Iron                                          =       84%, Min
Metallisation                                          =       93%, Min
Carbon                                                  =       1.3% – 1.6%
Total Gauge (SiO2+Al2O3+CaO+MgO)     =       6%, Max
Sulphur                                                 =       0.005%, Max

Phosphorus                                           =       0.06%  Max

Size                                                     =       110 x 50 x 30 mm

Bulk Density                                          =       2.4 - 2.7 gm/cc

Apparent Density                                   =       4.7 - 5.0 gm/cc

Under size below 6.3 mm                       =       5%, Max

Quantity                          -        20,000 MT (+/- 10 % at sellers’ option) or 5000MT in containers

Payment                          -        Irrevocable L/C at sight

Price                               -        USD 460 PMT CFR main Asian port.

Validity                            -       3 days subject to final confirmation

Shipment                         -       March 2012  

Contact bernard@grobartigerhafen.org or nicholelee@grobartigerhafen.org

Attractive Tax Rates/Schemes in Singapore

Grobartiger Hafen Pte Ltd

1557 Keppel Road

#04-25 Blk B Cantonment Central

Singapore 089066

DID:

HP: 65-90293036

Email: bernard@grobartigerhafen.org

Blog: http://grobartigerhafen.blogspot.com

Established since 2007, we are a one-stop service provider that assist foreigners in establishing themselves in Singapore.  We can assist you in setting up your business or investing into Singapore.  Our main aim is to help you relocate with the least time required.  We take pride in our service.

In 2009, we have expanded our services into offshore companies and investments into Vietnam.

Range of services include,

• Incorporation of Companies
• Provision of Nominee Residential Director/Shareholder
• Provision of Registered Office/ Registered Address
• Opening of Bank Account
• Company Secretarial Services
• Accounting Services
• Tax Planning & Structure
• Application of Employment Pass/EntrePass & Other Related Passes
• Offshore Company Formation & Investment
• Investment & Market Research in Vietnam

Attractive Tax Rates/Schemes in Singapore

Compared to an average corporate tax rate of 30% in Australia, Singapore corporate tax is at 17% or lower.

Qualifying newly Singapore-incorporated companies enjoy tax exemption scheme for its first three consecutive years of assessment. This scheme allows qualifying new companies to enjoy a tax exemption on the first S$100,000 of chargeable income and on 50% of the next S$200,000 of chargeable income.

The current corporate tax rate in Singapore is 17%.  A partial tax exemption is given on first S$300,000 of the chargeable income. Under this scheme, 75% of the first S$10,000 of chargeable income is tax exempt and 50% of the next S$290,000 of chargeable income is tax exempt.

AIG to Sell Shares of AIA to Help Repay Bailout

American International Group Inc. (AIG), the bailed-out insurer, said it’s selling shares of AIA Group Ltd. (1299) to unidentified institutional investors as it repays a U.S. government rescue that swelled to $182.3 billion.
The proceeds of the sale, expected to price no later than tomorrow, will be used to reduce obligations to the U.S. Treasury Department, New York-based AIG said yesterday in a statement. The insurer didn’t disclose how many AIA shares it was divesting.
AIG sold about two-thirds of Hong Kong-based AIA in a 2010 initial public offering to help repay the bailout. The remaining stake in the Asian insurer, with a market value of more than $14 billion, is part of the collateral backing obligations to the Treasury. Chief Executive Officer Robert Benmosche said last month that AIG may wait to sell its AIA stake and use the money to reduce the government’s 77 percent ownership.
“We can think about using the proceeds if we decide to sell AIA potentially for capital management,” Benmosche, 67, said at a Feb. 15 investor conference in New York. “Capital management means we can buy some of the overhang from the U.S. Treasury.”
AIG is barred from selling or hedging more than half of its remaining stake in AIA until April 18, the company has said in regulatory filings.
The Treasury sold 200 million AIG shares on May 24 for $29 each. The government must receive an average of at least $28.72 a share to recoup its investment. AIG shares surged 28 percent this year to $29.80 on March 2, as the insurer reported fourth- quarter profit of $19.8 billion tied to a tax benefit. The stock closed above the government’s break-even price on Feb. 28 for the first time since July. AIA has climbed 20 percent to HK$29.20 this year through March 2.