This lunchtime talk was very well attended by 70 practitioners and other wealth management professionals who were keen to understand more about tax planning opportunities and considerations for Greater China clients.

Mr John Wong, a partner with PWC who specialises in helping high net-worth individuals (particularly the Chinese and Taiwanese) in tax planning and wealth/business succession, elaborated on the opportunities as well as the difficulties in devising planning for the Greater China clients. He has also clarified some common misconceptions that clients had on trusts and other wealth management arrangements and illustrated some real life examples during the talk.

As there was not much time for Q&A, not unexpectedly, many people gathered around him after the presentation. Overall, the attendees gave very positive feedback on the talk.

 

Click HERE to view event photos.

Contributed by: 

Mr Ashley Ong

Executive Director, Lion Trust (Singapore) Limited

 

 

The mid-autumn festival or more famously known as the Mooncake festival, was celebrated on 4 October in most oriental countries. Whilst STEP Singapore chose to celebrate one day after the actual festival, it did not dampen the festive mood.

Members and guests enjoyed the networking sessions over delicious mooncakes, exotic tea and thereafter a sumptuous dinner with wine and cocktails.

The professional tea making demonstration was interesting and gave all who attended a glimpse of how intricate Chinese tea-making can be.

More importantly, members were introduced to Mr. Glenn Ang, a private investor and SME mentor, who sponsored the event. Mr. Ang is an experienced businessman, who now passionately spends most of his time providing guidance and mentoring start-up businesses. Mr. Ang also introduced four of his SME mentees, who each runs very interesting businesses:

  • Mr. Benson Lim of Lusus Lab Pte Ltd - Live Streaming Business
  • Mr. Kandan Jayaraj of TransforMesh Pte Ltd - Smart Padlock Business
  • Mr. Daniel Chui of Oceanic Group Pte Ltd – Themed Cruise Ship
  • Mr. Ivan Lim of Averspace – Real Estate Portal

Plenty of business cards and contacts were exchanged, which we hope had provided opportunities to all who attended to develop businesses together. The event came to a close after the closing hours were extended for another hour.

STEP Singapore thanks Mr. Glenn Ang for the very generous sponsorship.

 

Click HERE to view event photos.

Contributed by: 

Ms Linda Wong

Managing Director, Kensington Trust Singapore Limited

 

 

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