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Hi Everyone
I want to read an html file using sas. The content of the file is pasted
below. The sample file is the single record copied from html.
/********************************* Copy to notepad and save as html and read
in SAS *****************************************************/
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|A 6291001056|001|UNITECH|507878|18/10/07|Unitech Singapore IPO under taxman
lens|Rajat Guha & Rajeev JayaswalNEW DELHI: Unitech group's proposal to
raise money through an initial public offering (IPO) in Singapore is under
taxman's scrutiny. The company has proposed to sponsor and list a business
trust in the Singapore capital market which would ultimately hold Unitech
Hi-Tech Structures (UHTSL), a company involved in development of IT-related
SEZ in Kolkata.Unitech's proposal, tabled before the Foreign Investment
Promotion Board (FIPB) last week, has been deferred and it is being examined
by the revenue department, a Dipp source said. It is understood from
official sources that the board wanted to ascertain revenue implications of
the “complicated share transactions” envisaged in the proposal.When
contacted, Unitech spokesperson said that the company was not aware of any
such scrutiny by the revenue department. “The shareholding is being
restructured to raise money in Singapore which will benefit Unitech
shareholders as Singapore market offers better valuation,” he said.According
to the application pending with FIPB, the recently incorporated Unitech
group entity - Jalore Properties - has proposed to acquire Unitech's 36%
equity stake in UHTSL. Other shareholders of UHTSL are Myna Holdings of
Mauritius (a 100% subsidiary of LSE-listed Unitech Corporate Parks Plc) and
Maxlon of Cyprus. While Myna holds 60% equity capital of UHTSL, balance 4%
is held by Maxlon. It is understood that all these companies are directly or
indirectly held by the Unitech group. UHTSL is developing 19.58 hectare
IT-ITeS SEZ in Rajarhat (Kolkata).According to official sources, the
Singapore IPO vehicle (business trust) which proposed to acquire shares of
UHTSL from Unitech, would set up a two-tier holding company structure in
Cyprus which would in turn hold 100% of shares capital of the Jalore
Properties.Jalore has applied to FIPB for its approval to acquire the 36%
shareholding of UHTSL from Unitech. After the acquisition, the equity
shareholding in UHTSL will be owned by the business trust (the Singapore IPO
vehicle), through its wholly-owned subsidiaries in Cyprus and India. It is
understood from sources that the process would help the company in enjoying
certain tax benefits. Capital gains tax exemption is available under the
India-Singapore tax treaty as well as the India-Cyprus tax treaty.
© The Economic Times [2007] Bennett, Coleman & Co. Ltd
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Can we use SAS to read unstructured data ?
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