Exemption for Mercuria Asia Group Holdings (Pte) Ltd
6.—(1)  Mercuria Asia Group Holdings (Pte) Ltd is granted exemption from tax on the dividends received in Singapore on or after 29 November 2013 from Mercuria Resources Labuan Ltd, a company incorporated in Labuan, Malaysia.
(2)  The exemption in sub-paragraph (1) is subject to the terms and conditions specified in the letter of approval dated 15 August 2014 addressed to Ernst & Young Solutions LLP, the tax agent of Mercuria Asia Group Holdings (Pte) Ltd.