Vasseti (UK) plc is an investment holding company incorporated in the UK and listed on the Frankfurt Stock Exchange.The group has substantial business operations in Malaysia, in the field of communication, information technology, advertising, real estate and civil engineering. UHY member firms UHY Hacker Young in London and UHY in Kuala Lumpur work closely together on this large cross-border group audit. As the company is listed on the Frankfurt Stock Exchange, the group accounts are prepared using IFRS.
• By contrast, average across all countries studied worldwide is 24% higher than 2008
• G7 economies lag well behind BRICs
Bank lending to the private sector in Europe is now on average 25% lower last year than it was before the financial crisis, hampering European economies’ return to economic growth, reveals a new study by UHY, the international accounting and consultancy network.
Relatively low import tariffs help keep goods costs down
Free Trade Agreements an increasingly critical policy area