Singapore legislation

Regulation 2

of Income Tax (Exemption of Foreign Income) (No. 7) Order 2013

Regulation 2

Exemption

Subregulation 1

Future Enterprises Pte Ltd is hereby granted exemption from tax on the dividends received in Singapore on or after 18th June 2013 from FER (HK) Limited, a company located in Hong Kong.

Subregulation 2

The exemption under sub-paragraph (1) is subject to the terms and conditions specified in the letter of approval dated 18th June 2013 addressed to the tax agent of Future Enterprises Pte Ltd.