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A non-simultaneous exchange is sometimes called a Starker Tax Deferred Exchange, named for an investor who won a case against the Internal Revenue Service (IRS). [ 3 ] For a non-simultaneous exchange, the taxpayer must use a Qualified Intermediary , follow guidelines of the IRS, and use the proceeds of the sale to buy qualifying, like-kind ...
Sirivadhanabhakdi had previously been the CEO of the Thailand-based Univentures Public Company and a non-executive and non-independent director of Frasers Centrepoint. [25] In April 2017, it was announced that Frasers Centrepoint (in collaboration with the TCC Group) was planning the largest mixed-use development in Thailand known as One ...
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A rights issue or rights offer is a dividend of subscription rights to buy additional securities in a company made to the company's existing security holders. When the rights are for equity securities, such as shares, in a public company, it can be a non-dilutive pro rata way to raise capital. Rights issues are typically sold via a prospectus ...
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In January 2014, through a distribution in specie and re-listing of Frasers Centrepoint Limited by way of introduction on the Singapore stock exchange, the group de-merged its properties business. [3] In February 2018, Frasers Centrepoint Limited was renamed Frasers Property globally. [19]
Homeowners across the U.S. are being targeted in a sophisticated scam in which callers pose as mortgage lenders to defraud people out of hundreds of thousands of dollars, the Federal ...
In 1995, Centrepoint Properties Limited (CPL) bidded $309 million for a plot of land in Woodlands Town Centre and won the bid. [2] The site was zoned commercial and can be used for a mix of retail, entertainment, food and beverage and office space but CPL decided to build an entertainment and shopping centre, Causeway Point.