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Trip to Singapore (5 to 8 Nov 2007)
2007-11-14 18:54:10     Sources : back

Trip to Singapore (5 to 8 Nov 2007)

Mr. William Wu, Chairman of Profession Development Committee together with Deputy Chairman, Ms. Toby Kwong visited Singapore from 5 to 8 November 2007 to explore business opportunities with Singapore Government, financial institutions and training firms. 

During the trip, Mr Wu and Ms Kwong met Mr Lim King Boon, Embassy of the Republic of Singapore and Singapore Economic Development Board (EDB). We discussed about SIRFP’s direction for past development in PRC and would like to make use of this opportunity for his valuable opinions on cooperation with Singapore Government. He gave ideas and introduction about Singapore’s recent and future development in infrastructure and finance.

Mr Wu and Ms Kwong also met Ms Huay Xiao Hui and Ms Tan Hui San, Listings Department of Singapore Exchange to share ideas about financial structures and profession development. We gained a clear view of how Singapore’s financial markets are developing. It also paves the way for China’s SMEs (small to medium enterprises) to raise funds abroad by supplying them with adequate information of Singapore listing requirements. Starting from December 2007, Singapore would like to do road shows in PRC, including Beijing, Shanghai and Guangzhou, to introduce the SESDAQ, during the meeting, SIRFP agreed to give support to SGX with the assistance in promotional work and network. Both agreed, in the future, to arrange a series of exchange programs and seminars for PRC enterprises to look for new directions and explore new paths in finance, listings and restructurings.

With the support of Singapore Government, tourism is also got a great step in development. The Singapore Resort Complex is under construction and will be targeted to complete by 2009. “Formula I” will also be held in Singapore by 2008. All such projects and development not only bring great revenues to Singapore, it also enriches its strength and position in Asia, with a great competition with Hong Kong.

One of the purposes for this trip is to let us evaluate the possibility to hold the “2008 International Financial Capital Congress” in Singapore. With the great support of Singapore Government and financial institutions, we will put Singapore on the list for consideration. Details of the Congress will be announced later formally.