Singapore legislation
Regulation 2
of Income Tax (Exemption of Foreign Income) (No. 3) Order 2009
Regulation 2
Exemption
International Press Softcom Limited is hereby granted exemption from tax on the dividends received in Singapore from its subsidiary in Malaysia, IP Softcom (Malaysia) Sdn Bhd, subject to the terms and conditions specified in the letter of approval dated 27th July 2009.