ZGL 15.6% 5.2¢ zicom group limited

The ATO is cracking down on SMFs with no movement in asset...

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    The ATO is cracking down on SMFs with no movement in asset valuations for 3 years.
    For SMF tax purposes it is best to go with ZIG book or net equity value on June 30th 2023 which is S$21,812m & work out price/ZIG share which will be roughly 10c.
    https://www.docdroid.net/EbSwbzU/3-report-of-directors-for-fy2022-agm-pdf
    Good luck, it is a headache.
 
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