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WALHI Jambi: Forestry giant allegedly evaded $15m in taxes

2014-01-17 00:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Sinar Mas Group allegedly defrauded the Indonesian government of $15 million by avoiding reforestation taxes on 2,000 hectares in Jambi province. The land is reportedly managed by subsidiaries of Sinar Mas Group which do not have the proper concession permits. The discovery came after analysis of public reports and an audit conducted last year by BPK (The Audit Board of the Republic of Indonesia), as reported by the non-profit Indonesian Forum for the Environment (WALHI), an Indonesian affiliate...

Tags: taxes giant forestry 15m

 

Franklin's Prime Colorants sold for $15M

2014-01-08 10:49:37| Chemicals - Topix.net

Franklin-based Prime Colorants has been sold to A. Schulman Inc. of Akron, Ohio, for $15.1 million, according to a news release.

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GM recalls 1.5m cars in China

2013-12-27 11:56:57| BBC News | Business | UK Edition

General Motors and its Chinese partner firm are recalling about 1.46 million cars amid concerns about their safety.

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Stone House Capital Raises USA Truck Stake to 1.5M Shares

2013-12-06 09:17:36| Trucking - Topix.net

USA Truck stock has been on the rise since September, when Knight Transportation of Phoenix disclosed its offer to buy USA Truck for $9 per share.

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US: Citi Trends Q3 loss narrows on $1.5m gain

2013-11-27 12:30:00| Daily apparel & textile news and comment - from just-style.com

Value fashion retailer Citi Trends has seen its losses narrow during the third quarter, thanks to a $1.5m gain on the sale of the company's former distribution centre.

Tags: loss gain trends 15m

 

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