Singapore legislation
Regulation 2
of Income Tax (Exemption of Foreign Income) (No. 3) Order 2007
Regulation 2
Exemption
United International Securities Trading (Pte) Ltd is hereby granted exemption from tax on the dividends received in Singapore from its subsidiaries in Indonesia (P.T. Astra International Tbk), Philippines (Ayala Corporation), Australia (Zinifex Ltd) and Hong Kong (Hang Lung Properties Ltd), subject to the terms and conditions specified in the letter of approval dated 5th January 2007 addressed to the company.