Join us in our Budget 2023 event together with our presenter from KPMG – Teo Wee Hwee, Partner, Tax, and Head of Real Estate & Asset Management.
Wee Hwee will lead a discussion on recent clarifications from MAS and Budget updates on the Fund Tax Exemption Schemes, and Tax Issues relating to the Tokenisation of Funds, following Minister for Finance, Mr Lawrence Wong’s delivery of the FY2023 Budget Statement on 14 February. There will also be a Q&A session, where you will have the opportunity to raise questions and seek clarifications.
The programme summary is as follows:
Event Details:
Date: Monday, 20 February 2023
Time: 12pm – 2pm (SGT)
Location: KPMG Office, 12 Marina View, #15-01 Asia Square Tower 2, 018961
Timeline:
| Time | Programme |
| 12:00 | Registration & Light Lunch |
| 12:15 | Welcome Remarks Ms Carmen Wee, IMAS CEO |
| 12:20 |
Presentation by Teo Wee Hwee (Partner, Head of Real Estate, Tax & Head of Asset Management & Family Office)
|
| 13:00 | Q&A |
| 13:10 | Closing Remarks Ms Carmen Wee, IMAS CEO |
| 13:15 | Networking |
| 14:00 | End of Session & Networking |
An expert in fund formation (both unlisted and listed including REITs), Wee Hwee is familiar with fund platforms in Singapore, Luxembourg, the Cayman Islands, Labuan, etc., as well as tax efficient divestment planning opportunities for funds with multiple exit strategies (be it trade sale, conversion to income producing funds or IPO exit). He is also an expert in structuring carried interest from both a corporate and personal tax perspective. Specifically, Wee Hwee has extensive experience in structuring single country and multiple jurisdictional funds with an Asian focus, both close-ended and open-ended, listed and unlisted, and across various alternative asset classes including real estate, infrastructure, renewable energy, private equity, venture capitalist, hedge funds, crypto currency and debt.
From a merger and acquisition perspective, Wee Hwee has assisted many Singapore and foreign investors to structure their Singapore real estate investments (both asset and share deals) in a tax efficient manner across various asset classes, ranging from hotels, office, retail mall, residential, data centres, healthcare properties to student housing. Apart from Singapore, he has also extensive experience in advising acquisitions in Australia, India, Japan, Korea, Thailand, Vietnam, Malaysia, Indonesia, China, US, New Zealand, Indonesia, UK, Germany, etc. His clients comprise of mainly real estate funds, developers, family office/ultra-high net worth, infrastructure fund, sovereign wealth funds, private equity funds, insurance funds, listed REITs and business trusts.
Wee Hwee is regularly called upon to share his expertise at workshops organised by various industry associations. He is an instructor for the Certificate of Real Estate Investment Finance, a course conducted by APREA, and the NUS Graduate Certificate in Real Estate. Wee Hwee works closely with the Singapore Exchange to promote REIT and Business Trust listings in Singapore and has spoken on fund and real estate tax topics at various conferences in Tokyo, Seoul, Sydney, Melbourne, Hong Kong, Kuala Lumpur, Mumbai and Jakarta.
View session materials and recordings:
