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August 2008 RHB Bank organizes seminar on 2009 budget and tax planning for SMEs Kuala Lumpur, 19 August 2008 :The RHB Banking Group is co-organising a 2009 Budget & Tax Planning seminar with Horwath. This seminar, held in conjunction with the country’s 2009 budget tabling on 29 August 2008, is targeted towards owners, directors of entrepreneur-owned and -managed businesses, high-net-worth individuals and corporate executives. This seminar will provide updates on how the 2009 budget will impact their businesses as well as obtain insights on some of the latest tax cases and relevant laws governing tax-related matters. Last year’s event garnered about 700 participants while there were only 500 participants the year before. This year, more seats have been allocated as there have been continuous inquiries about the seminar. The RHB Banking Group is the fourth largest fully integrated financial products and services group in Malaysia. The group recently restructured its organization to focus on four Strategic Business Units which comprise of Retail Banking, Corporate and Investment Banking, Islamic Banking and International Banking. This new structure was designed with the intention to better serve the Bank’s customers in mind. RHB Banking Group believes that providing funding to SMEs would add value to customers in other innovative ways, thus ensuring that they remain competitive in the ongoing globalisation. RHB BizNetwork is a privilege programme for RHB Bank business customers, which places businesses on a networking platform, providing enterprises with the unique opportunity to network and enhance business-related skills. The co-organiser of this seminar, Horwath, ranks fifth in the Asia Pacific region (per IAB 2007) and is a leading mid-tier accounting firm that helps growing entrepreneurs succeed. In association with 140 independent member firms worldwide, and operating from over 465 offices around the world, Horwath taps its global resources and core competencies such as international tax consulting and family business planning to elevate clients to their next-phase growth stages. The RHB Banking Group has always been focused and innovative in its approach to assist in the growth of SMEs, and to help them achieve the objective of staying ahead of competition and undertaking the challenges of globalization. Its market share is at an estimate of 7% of the industry and it has disbursed about 7 billion worth of loans as at June 2008. Special ticket pricing has been accorded for RHB Banking Group customers and members of RHB BizNetwork. The event will be held annually in order to establish the Group’s commitment to being an innovative financial institution that is keen to assist in the growth of SMEs. This seminar will be held at 3 locations in Peninsular Malaysia, which are Sunway Resort Hotel & Spa in Kuala Lumpur, Mutiara Hotel in Johor Bahru and Traders Hotel in Penang, on 3 September. 5 September and 9 September 2008 respectively. The first speaker is Mr. Poon Yew Hoe, the Tax Partner of Horwath, and a member of the International Tax Committee of Horwath International. The speakers will be sharing their insights on topics that include public rulings, recent tax cases and relevant laws. Issued on behalf of RHB Bank Berhad by Group Corporate Communications Division, RHB Capital Berhad. For more information, please call Eza Dzul Karnain at 012-3420060 or 03-92802552  |
