Soon Hock Enterprise updates on IRAS tax valuation review

SGX Filings

2025/10/24

Soon Hock Enterprise Holding Limited said on Oct, 24 2025 that Singapore’s Inland Revenue Authority (IRAS) has completed its review of a residential-property sale by wholly owned unit Soon Hock Property Development Pte. Ltd.

IRAS adjusted the transaction price under Section 34D of the Income Tax Act 1947 but decided to waive the related Section 34E surcharge after considering the case’s circumstances. The tax assessments for the subsidiary covering the Years of Assessment 2019 to 2022 are now finalised.

The regulator did not raise any material adverse findings against Executive Chairman Tan Yeow Khoon or Chief Financial Officer Heng Lee Chuang. The board said both executives remain fit to continue in their roles.

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Ltd.</p>\n<p>IRAS adjusted the transaction price under Section 34D of the Income Tax Act 1947 but decided to waive the related Section 34E surcharge after considering the case’s circumstances. The tax assessments for the subsidiary covering the Years of Assessment 2019 to 2022 are now finalised.</p>\n<p>The regulator did not raise any material adverse findings against Executive Chairman Tan Yeow Khoon or Chief Financial Officer Heng Lee Chuang. The board said both executives remain fit to continue in their roles.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHE.SI","symbol_name":"Soon Hock","start_time":0,"source_url":"","article_id":"1133827540","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1133827540","pubTimestamp":1761304381,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Soon Hock Enterprise Holding Limited said on Oct, 24 2025 that Singapore’s Inland Revenue Authority (IRAS) has completed its review of a residential-property sale by wholly owned unit Soon Hock...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SHE.SI":"Soon Hock"},"translate_title":"Soon Hock Enterprise有关IRA税务评估审查的最新信息","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHE.SI":1},"content_text":"Soon Hock Enterprise Holding Limited said on Oct, 24 2025 that Singapore’s Inland Revenue Authority (IRAS) has completed its review of a residential-property sale by wholly owned unit Soon Hock Property Development Pte. 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