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BH0-012 - The Foundation ITIL (2012 Onwards) - Dump Information

Vendor Name : ISEB
Exam Code : BH0-012
Exam Name : The Foundation ITIL (2012 Onwards)
Questions and Answers : 99 Q & A
Updated On : November 14, 2018
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ISEB BH0-012 Exam (The Foundation ITIL (2012 Onwards)) Detailed Information

BCS/ ISTQB Foundation Certificate in Software Testing
The Foundation Certificate in Software Testing is ideal for all who have an interest in understanding the basic concepts of software testing.
ILX's Guaranteed Pass - March Promotion
The Foundation Certificate in Software Testing now has dual accreditation with the ISTQB (International Software Testing Qualifications Board) and successful candidates will receive certification with both BCS and ISTQB recognition at Foundation level.
Accredited Foundation e-Learning Course
ILX Group's e-learning can be delivered to anywhere in the world, online. Buy online now to start studying straight away, then book to sit your exam in your chosen location worldwide!
BCS/ISTQB Foundation Certificate in Software Testing - e-Learning Course
Software Testing Foundation e-Learning e-Learning is the most cost effective way to train to Foundation level practically and efficiently. The package includes:
Accredited e-learning course on CD or online
Interactive multi-media exercises for optimum enjoyment and knowledge retention
An exclusive exam simulator to build your confidence
A software testing case study to develop and apply your skills
Full tutor support via phone and email while you study so you can ask any questions as you go
Course package includes:
Accredited e-learning course - CD will not expire and acts as a great reference tool after passing the exam
Exam simulator to prepare you fully for the exam
A copy of the "Software Testing: An BCS Foundation" book
Exam voucher to be used world-wide within 12 months of purchase
A course user guide
Buy Single User Pack for £399+VAT
Only want access to the e-learning?
You can also buy online-only access for £249+VAT - please note: you will need to book through a Prometric or Pearson Vue test centre and purchase the book separately.
View full course page including an online demo...
Require training for a group?
Corporate discounts apply - call 01270 611600 to discuss your training requirements.
Foundation Certificate in Software Testing Target Audience
The BCS/ ISTQB Software Testing Foundation Level certification is aimed at anyone involved in software testing and includes people in roles such as testers, test analysts, test engineers, test consultants, test managers, user acceptance testers and software developers.
It is also appropriate for anyone who wants a basic understanding of software testing, such as project managers, quality managers, software development managers, business analysts, IT directors and management consultants.
Holders of the Foundation Certificate will be able to go on to a higher level software testing certification.
Foundation Certificate in Software Testing Syllabus
The Foundation Certificate in Software Testing syllabus examines up to level K3* of the software testing learning objectives / levels of knowledge and covers the following areas:
Principles of testing
Testing throughout the life-cycle
Dynamic testing techniques
Static testing
Test management
Tool support for testing
* K3 (Bloom’s Taxonomy) – Application: Using previously learned information in new and concrete situations to solve problems that have single or best answers.
Foundation Certificate in Software Testing Exam
The examination lasts one hour and consists of 40 multiple-choice questions. It's a 'closed book' examination i.e. no notes or books are allowed into the examination room.
The pass mark is 26/40.
How do I book my BCS Foundation exam?
If you do your training through ILX Group, you will be able to book your exam at your chosen location world-wide through ILX Group. They will send you vouchers to use with the Foundation e-learning training package.
For corporate groups, ILX Group can organise on-site invigilation at no extra cost, provided there are a minimum number of staff sitting the exam. Contact us for details.
IT service management
IT Service Management from BCS-IT
BCS offers a range of certifications across the primary disciplines within IT Service Management of ITIL best practice and IT Asset Management:
IT Service Management
Our portfolio enables IT professionals to learn how to deliver, support and manage IT services in an effective and efficient way, embracing the ITIL® best practice framework, the world’s most widely accepted approach to service management. Find out more about the ITIL structure and credit system.
IT Asset Management
Our range of certifications in IT Asset Management give IT professionals and organisations the skills to effectively manage their IT assets. ITAM is an emerging discipline with significant benefits to organisations in vendor compliance, risk management and improved asset efficiency. Our new range of certifications recognises the growth in this important area.
Foundation level
The starting point if you require a basic understanding of ITIL or a general awareness of IT service management standards:
IT Service Management
IT Asset Management
ITIL IT Service Management
BCS EXIN ITAMOrg Foundation Certificate IT Asset Management
BCS Software Asset Management Essentials
Specialist
These IT service management qualifications are complementary and embrace COBIT®, ISO/IEC 20000, SFIA / SFIAplus and ITIL® to enable job specific skill development:
IT Service Management
IT Asset Management
BCS Service Desk and Incident Management BCS EXIN ITAMOrg Specialist Certificate Software Asset Management
BCS Change Management
BCS Service Level Management
BCS Business Relationship Management
BCS Problem Management
BCS Supplier Management
Practitioner
Translating theory into practice with tools and techniques for practical application of the ITIL framework.
IT Service Management
IT Asset Management
ITIL Practitioner BCS Software Asset Management Practitioner
Intermediate level
Enhance the quality of your IT service management with intermediate level certification.
IT Service Management
IT Asset Management
ITIL Lifecycle modules (broad management / leadership focus)
Continual Service Improvement
Service Design
Service Operation
Service Strategy
Service Transition
ITIL Capability modules (detailed technical practice)
Operational Support and Analysis
Planning, Protection and Optimisation
Release, Control and Validation
Service, Offerings and Agreements
Final qualification:
ITIL Managing across the Lifecycle
Higher level
Aim for the top with clear validation of your professional capability.
IT Service Management
IT Asset Management
ITIL Expert
What is ITIL?
ITIL® (IT infrastructure Library) is the best practice framework for IT service management widely accepted by organisations around the world. It enables IT services and processes to be appropriately delivered more consistently and efficiently.
The ITIL framework provides flexibility with a modular approach that focuses on different aspects of IT service management best practice. With a credit system that supports the ITIL qualifications, candidates can work towards achieving the ITIL Expert and Master levels of certification.
ITIL credit system diagram (small)
Click to view a larger version
BCS is an accredited examination institute for ITIL IT service management qualifications.
For more information about ITIL, visit the official website.
Please note: From 1 April 2016 BCS will not be providing ITIL pins for those that have successfully completed their examinations.
What are the benefits of taking a certification from BCS?
Comprehensive certification portfolio across a wide range of disciplines.
Recognised international presence, delivered in over 200 countries.
Reputation built over 40 years on quality, integrity and impartiality.
Developed with industry experts ensuring they are relevant to today's IT professional.
Based on best practice with recognition for skills and knowledge in a particular area.
Mapped to SFIA / SFIAplus so consistent with your career path.
Worldwide network of over 100 high quality training providers.
What are your service levels for dealing with enquiries?
We will answer your telephone call within one minute during office hours 08:00 - 18:00 GMT Monday to Friday. We will call you back promptly if it is not possible to answer your query immediately. We will answer all email enquiries no later than three working days after receipt.
I would like to do a training course, where is the nearest accredited training organisation?
All accredited training organisations are listed on the website and most offer training in a number of locations.
Can I sit the exam without attending a training course?
Yes, although we strongly recommend that all candidates undertake an accredited training course.
What are the course fees?
You will need to contact the accredited training organisation for this information.
What are the exam fees?
Details of the exam fees are found in the exam section of the website for the certification you wish to take.
Do I need to provide ID before my examination?
Yes, you will need to provide photographic identification before the examination starts such as a passport or driving licence. Please refer to the Identification Policy for further information.
What happens if I do not provide suitable ID?
You will still be able to take the examination but your results will be withheld until identification has been provided and verified. Please refer to the Identification Policy for further information.
Can I use a calculator?
Yes, some examinations will allow you to take your own simple non-programmable calculators. You can check this by looking at the syllabus on the website under the relevant certification.
Can I take books into the examination?
This depends on the examination you are taking. Most multiple choice examinations are closed-book, meaning you cannot take any material into the examination with you. You can check this by looking at the syllabus on the website under the relevant certification.
Is there a charge for sample papers?
Most sample papers cost £20 per paper though some are free to download from the website. Please call +44 (0) 1793 417 655 to order sample papers and to make payment.
How do I book an exam?
If you are taking a course with an accredited training organisation or through an online testing centre (Pearson VUE), the exam will be organised through them. If you are taking a public exam, please refer to the exam section of the website for the certification you are taking.
English is not my first language, is extra time allowed?
Yes, 25% extra time is awarded if you are taking the examination in a language that is not your mother tongue. You are also entitled to bring your own paper dictionary into the examination.
How do I request extra time or other adjustments due to a disability, medical condition or for religious reasons?
You will need to apply using the Reasonable Adjustments Form and all applications will be considered in line with our Reasonable adjustments policy (PDF). BCS can offer a number of adjustments depending on your individual circumstances.
I have had a bereavement, can I reschedule?
Yes, you will be able to reschedule the examination; there will be £25.00 + VAT cancellation fee. Additional exceptions will be considered on a case by case basis.
What happens if I arrive for an examination late?
You are allowed to enter the examination room up to 15 minutes after the scheduled start time. You will not be entitled to have any additional time if you arrive late. If you arrive after 15 minutes after the scheduled start time, you will not be allowed to enter the examination room and will forfeit your examination fee.
If I did not turn up for the examination, am I entitled to a refund?
No, if you do not turn up for an examination, your exam fee is forfeited and you will need to book and pay for the examination again.
Am I able to reschedule my exam?
Yes, you may request to change the exam date or time, but this must be done at least 14 days prior to the originally scheduled examination date. To reschedule the exam, please contact our Customer Service team on + 44 (0) 1793 417 655.
If I have to cancel an exam, am I entitled to a refund of the exam fees?
Notice period Refund available
More than 14 days
No charge / Full refund
Between 7-14 days
Refund of 50% of exam fee
Less than 7 days
No refund / 100% charge of exam fee
If I take a re-sit and do worse, will my highest marks be retained?
We retain the highest mark.
I wish to re-sit my examination, what is the cost?
Re-sits are normally booked via your accredited training organisation and they will provide details of the costs. For public examinations, please contact our Customer Service team on +44 (0) 1793 417 655.
How do I receive my results and certificate?
You will receive an email asking to log into a secure site to view your results and you will be able to download an e-certificate.
When do I receive my results?
Multiple choice and oral examination results are usually sent within 3 weeks of the examination date. Written examination results can take up to 8 weeks.
How long does it take to receive a certificate if I have taken my exam with Pearson VUE?
Candidates will receive an email within 48 hours of sitting their exam at a Pearson VUE testing centre and will be able to click on a link to register for the BCS candidate portal where they will be able to access their e-certificate.
My certificate has my name misspelt, can I get this changed?
Please call +44 (0)1793 417 655 to have your details amended. There will be no charge if your name has been spelt incorrectly.
How do I order a new or replacement paper certificate?
You can order new or replacement paper certificates by calling +44 (0) 1793 417 655. There is a charge for this service.
I have changed my name; can you update my details on the BCS database?
Yes, please complete the Request for name change form along with the relevant document (e.g. marriage certificate, dissolution decree or deed poll document. There is no fee for this service. Unfortunately we cannot make the changes without the relevant form. Please refer to the Name Change Policy for further details.
I have changed my name; can I have a paper certificate in my new name?
Yes, please complete the Request for name change form and send to us along with the relevant document (e.g. marriage certificate, dissolution decree or deed poll document). Once this has been done, a new paper certificate can be issued, however there is a charge; please call +44 (0) 1793 417 655 if you would like to arrange this and make a payment. Please refer to the Name Change Policy for further details.
What information do you share about me with third parties?
We regard the lawful and correct treatment of personal information as very important to the provision of professional services and to maintaining confidence between those with whom we deal and ourselves. We will ensure that all personal information is treated lawfully and correctly. To this end, we adhere to the Data Protection Principles as laid down in the Data Protection Act 1998. Please refer to the Data Protection and Confidentiality Policy for further information.
Is my employer informed of my exam result?
We do not provide your examination results to third parties without your express consent, with the exception of your accredited training organisation or the official accreditor for ISTQB, ITIL and PPM examinations.
I have passed my exam but cannot see my name on the successful candidate register (SCR). How do I go about getting it to show on there?
For BCS examinations please go to www.bcs.org/candidateportal
If you have received an email which advised you how to access your examination results then there is a radio button which asks you if you want your details added to the SCR. Click this button and this will be updated within eight weeks of the request. If you have not had this email then please contact our Customer Service team on + 44 (0) 1793 417 655.
Why can I not see some of my results online?
There are some certifications which cannot be viewed online. Please contact our Customer Service team for further assistance.
What is your complaints procedure?
Anyone has the right to complain if they have concerns about a product or service we have provided. All complaints need to be submitted in writing and must contain the following information:
The reason(s) for the complaint.
The date and location of the examination.
Supporting documentation if appropriate.
Pertinent information relating to the grounds for the complaint.
If you have a complaint about your Accredited Training Organisation, please contact them in the first instance and follow their candidate complaints procedure. If you are not satisfied with the response from your accredited training organisation, you have the right to escalate your complaint to us. Please refer to the Complaints Policy for further information.
I received my results today and they are not what I expected - how do I appeal?
First of all, you cannot appeal simply because you are not happy with your results; an appeal must have grounds. There are three grounds for appeal permitted by the procedure (which you should read carefully if you are considering making an appeal) which are:
Your performance was adversely affected by illness or personal circumstances which were not known to you when you sat the examination.
There has been a significant error made by BCS.
BCS acted in a way which is manifestly unreasonable.
For further information please refer to the Appeals policy (PDF)
How will my appeal be considered?
The appeal is considered by the Policy, Compliance and Audit Team who will decide if there is a case for appeal. They will have a copy of the letter of appeal and all supporting documentation, along with relevant documentation (if necessary) from your accredited training organisation.
How long will it take for my appeal to be resolved?
As each appeal is different there are no definitive timelines as to how long an appeal will take to resolve, but you will be kept up to date at each stage of the appeal. We aim to investigate and resolve appeals as quickly as possible within no more than 20 days.
How long do I have to submit an appeal?
You must submit notice of an appeal within 20 working days of publication of the results from your particular examination. Please make sure that you read the form carefully and provide all the information requested. It is your responsibility to make the case, and to state it clearly; we cannot make assumptions - you must fully explain out the cause and effect.
How much does it cost to lodge an appeal?
The current fee for the appeal is £72.00 + VAT which must be paid by credit or debit card by calling our Customer Service team on + 44 (0) 1793 417 655. The appeal will not be processed until full payment has been made. A full refund will be made if the appeal is upheld unless the appeal is for marks to be upgraded due to an illness and then the fee will not be returned.
Are BCS professional certifications mapped to the QCF?
Professional certifications are not currently mapped to the QCF however, as they have been assessed, they broadly align as follows:
Foundation level professional certifications are equivalent to level 3
Practitioner level professional certifications are equivalent to level 4
Higher level professional certifications are equivalent to level 5
What is the relationship between ISTQB, UKTB and BCS?
ISTQB (International Software Testing Qualifications Board) is responsible for the international software testing qualification scheme called 'ISTQB Certified Tester'.
The role of ISTQB is to support a single, universally accepted, international qualification scheme aimed at software and system testing professionals, by providing the core syllabuses and by setting guidelines for accreditation and examination for national boards. UKTB is the UK national board for ISTQB. We deliver foundation and advanced level exams; ISTQB provide the syllabus and UKTB the questions.
We also offer our own intermediate certificate in software testing which is considered a valuable stepping stone between foundation and advanced level as well as a relevant stand-alone qualification.
Do you still have the ISEB (Information Systems Examination Board) Professional award?
No, this was withdrawn in 2012 due to the poor take up.

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BH0-012 The Foundation ITIL (2012 Onwards)

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BH0-012 exam Dumps Source : The Foundation ITIL (2012 Onwards)

Test Code : BH0-012
Test Name : The Foundation ITIL (2012 Onwards)
Vendor Name : ISEB
Q&A : 99 Real Questions

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ISEB ISEB The Foundation ITIL

what's an ISEB certificates? | killexams.com Real Questions and Pass4sure dumps

what is an ISEB supervisor's certificates in IT carrier administration? and can you inform me what ITIL is? These both had been requested in a contemporary job description.For counsel concerning the ISEB manager's certificate in IT carrier management, please see this net web site. you're going to additionally are looking to examine the instructions at this web page.

as far as i will tell, here's an expert building effort that combines practicing and checks to strengthen already-licensed managers -- who have to first attain an ISEB/EXIN basis certificate in IT carrier management (or the ISEB community service management certificate, which gives exemption) -- into more senior certifications within the specific areas of carrier support or service birth.

so far as ITIL goes, that refers back to the IT Infrastructure Library, a largely European method to managing IT features, supported by way of British general 15000 (BS15000). See this internet web site for greater information.

It sounds such as you're considering employment somewhere within the European Union, if now not in the UK. good success and hope that helps!


TietoEnator Certifies Testers | killexams.com Real Questions and Pass4sure dumps

January 14, 2002 08:28 ET | source: TietoEnator

ESPOO, Finland, Jan. 14, 2002 (PRIMEZONE) -- TietoEnator is one in every of two Swedish corporations authorised to certify testers based on the ISEB basis certificates for utility checking out. The ISEB examine practicing may be provided in Sweden and Norway from January.

TietoEnator has its personal look at various academics and offers the direction to valued clientele and personnel. it's a 3-day route, and at the conclusion of day three the participants can decide to take an examination and get the ISEB-certification.

- we have observed an increasing demand for certified testers, and because there is not any Swedish ordinary for check, we have chosen to deliver the ISEB basis certificate, says Thomas Klarbrant, Managing Director of TietoEnator check options.

ISEB (tips systems Examination Board) is a division inside BCS (British desktop Society). ISEB offers certifications inside several distinct IT areas. The goal of ISEB is to elevate the standards in the IT business and to help competence building.

For extra counsel, please contact: Kennet Osbjer, TietoEnator test solutions, Sweden, +forty six 706 24 sixty five 33 Marit Saelemyr, TietoEnator Consulting AS, Norway, +47 553 64468

With over 10,000 personnel and annual web revenue of EUR 1.1 billion, TietoEnator is a leading corporation of excessive price-delivered IT services in Europe. TietoEnator focuses on consulting, constructing and hosting its valued clientele' enterprise operations within the digital financial system. The neighborhood's functions are based on a mixture of deep business-certain competencies and newest advice technology. www.tietoenator.com

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TietoEnator, Espoo TietoEnator verify solutions, Sweden: Kennet Osbjer +46 706 24 65 33 TietoEnator Consulting AS, Norwa: Marit Saelemyr +47 553 64468

Espoo, FINLAND

TietoEnator, Espoo TietoEnator check solutions, Sweden: Kennet Osbjer +46 706 24 sixty five 33 TietoEnator Consulting AS, Norwa: Marit Saelemyr +forty seven 553 64468

UniversalExams.com launches new working towards equipment | killexams.com Real Questions and Pass4sure dumps

The ISEB verify management certification is the subsequent stage of competency in utility trying out after the ISEB foundation and ISEB Intermediate levels. earning this certification makes employment candidates greater useful and marketable, as it signifies a powerful ability to analyse, synthesize and consider tasks involving software checking out management. These capabilities are critical to the career advancement of utility testers, particularly during this age of world competitors and economic uncertainty.

like every UniversalExams.com practicing applications, an accepted and highly experienced ISEB course tutor authored the ‘test administration’ route. The route is fully in accordance with the professional ISEB examination syllabus and contains interesting getting to know tools proven to maximise the absorption of the fabric.  This and all other ordinary exams practising kits include an ironclad, 100 per cent guarantee: flow, or get a full refund, no questions requested.

“UniversalExams.com was shaped in 2001 with the intention of constructing QA certification reasonable,” pointed out marketing manager David L Brister. “in the past, the most effective actual method to prepare for a software tester certification examination turned into to attend a pricey two or three day instructor-led course. Our packages are guaranteed to give the equal level of coaching, at a fraction of the price.”

The check administration examine package comprises a finished study book, practice assessments, 56 twin-sided flashcards, scenario query papers, examination information, bonus material, 90 days full practising assist within the deepest enviornment of the company’s IT certification forum, and more. moreover, the kit is attainable in numerous birth methods – instant down load, set of CDs, or every little thing provided in a bound, full color booklet (with the bonus material on a CD).

“we have all the time put forth superb effort to offer our shoppers a decision,” spoke of Brister. it is why we present numerous beginning codecs. Our company begun solely as a provider of audio practising products…on the grounds that then, based mostly upon customer comments, we have introduced extra content material and beginning codecs and should proceed to achieve this in the future.”  

familiar exams also offers product bundles that present an excellent cost for the funds. Product bundles consist of the ISEB foundation + ISEB Intermediate practising kit, or the 'ISEB grasp Bundle', which carries all four ISEB exam self examine kits (ISEB basis, ISEB Intermediate, ISEB look at various management and ISEB look at various evaluation). UniversalExams.com is keenly concentrated on its mission to be a one-cease store for ISEB examination practise working towards materials. The enterprise’s self study working towards programs offer the equal content material and effects as usual teacher-led classes, but at a fraction of the price. shoppers can rest guaranteed that all practising items are finished, low-budget and guaranteed to supply the tips vital to flow any ISEB examination with self assurance.


BH0-012 The Foundation ITIL (2012 Onwards)

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BH0-012 exam Dumps Source : The Foundation ITIL (2012 Onwards)

Test Code : BH0-012
Test Name : The Foundation ITIL (2012 Onwards)
Vendor Name : ISEB
Q&A : 99 Real Questions

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Tiger and rhino farms set to rise to meet Chinese demand | killexams.com real questions and Pass4sure dumps

BRISTOL, U.K. -- Despite dwindling populations of wild tigers in the world, Chinese traders are managing big businesses in tiger farms. This is set to grow after Beijing made a controversial announcement late last month permitting the sale of farmed rhino horns and tiger bones for the development and practice of traditional Chinese medicine for the first time in 25 years, shocking nations worldwide.

Thousands of tigers are kept and raised in often cruel conditions to supply bone and other body parts for the traditional Chinese medicine industry. Across the world in South Africa, rhino farmers are lobbying governments and environmental organizations to make legal the international sale of rhino parts to satisfy Asian demand.

Many Chinese believe that the protein and calcium in tiger bones have anti-inflammatory effects and that the keratin in rhino horn can cure anything from cancer to a hangover. Some believe that tiger penises are aphrodisiacs and practitioners of traditional Chinese medicine claim that even tiger teeth, skin and eyelashes have their use in treating ailments or improving health.

Such claims have consistently been rejected by science but these beliefs are deeply rooted in Chinese culture. By making the sale of these animal parts legal, Beijing is implicitly backing the traditional chinese medicine industry and stimulating demand as a result.

This is a great cause for concern for these species. "The worst-case scenario is that the tigers in the wild disappear," said Gabriel Fava of the Born Free foundation, a leading charity against animal exploitation.

The demand for these products far outweighs supply within China, which is not native to rhinos and where only as few as 50 tigers remain in the wild. The pressure on the last remaining wild tiger population is "too great a gamble for China to take," said WWF Wildlife Practice Leader Margaret Kinnaird.

Since late August, rhino horn has already been on sale legally in South Africa, after a court lifted a domestic trade ban in April. Many expect much of the horn to find its way to East Asia, even though South Africa remains committed to a worldwide ban on international trading.

Illegal trafficking of animal parts into China is common. A tiger bone can fetch as much as $2,000, while a rhino horn can cost up to $60,000 per kilogram.

Tigers could now suffer the same fate as the pangolin. Even though China allows sourcing within the country of roughly 25 tonnes of pangolin parts annually, equivalent to over 25,000 animals, demand far exceeds this. Today, the pangolin is the world's most trafficked animal.

Although a ban on the use of rhino horn and tiger bone from wild animals has been in place in China since 1993, the use of these products from captive sources has seen a slow and steady growth in its shadows.

"From at least 2005 onwards, companies running tiger farms and tiger bone wine breweries started lobbying the government to repeal the 1993 State Council order," said Debbie Banks at the Environmental Investigation Agency, a London-based organization that investigates environmental crime.

She pointed to an EIA investigation in 2012 that showed that the government allowed the pilot use of bred tiger bone for medicinal purposes from 2005. The EIA warned such a move would "encourage the growth of the captive-breeding of tigers to supply a quietly expanding legal domestic trade."

China has a questionable reputation when it comes to conservation policies, but its recent decision was still unexpected, especially after it banned the domestic sale of ivory at the start of the year. Banks said the announcement "runs completely counter to the commitments under the London Conference on Illegal Wildlife Trade [held in October] to eradicate markets, and to China's commitments under the Convention on International Trade in Endangered Species."

In South Africa where the trade ban in rhino horn was lifted last year, a lack of local demand has resulted in a collapse of private businesses. As international trade remains illegal, stockpiles of legal horns stay unsold in safe houses as poaching for the Asian black market continues.

The EIA estimates that 7,000 tigers are kept in captivity across China, Southeast Asia and South Africa, almost double the number of wild tigers worldwide.


As we approach the centenary of Armistice Day, here's why I'm asking Irish politicians to wear a Shamrock Poppy | killexams.com real questions and Pass4sure dumps

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Carlsberg Foundation seeks right to reduce stake | killexams.com real questions and Pass4sure dumps

COPENHAGEN (Reuters) - Carlsberg’s (CARLb.CO) main owner, the Carlsberg Foundation, wants to drop a rule in its charter that it must own at least 25 percent of the brewer, a move that could open the door for a share issue and perhaps further acquisitions in Asia.

Carlsberg's company logo is pictured on a coaster in the bar in Riga, May 6, 2013. REUTERS/Ints Kalnins

Flemming Besenbacher, chairman of the foundation and of the Carlsberg group, said the change would give Carlsberg, the world’s fourth largest brewer, more financial flexibility to act if acquisition opportunities arose.

“My fear is that if we do not do this, then the risk that Carlsberg will be marginalised in the industry will be much higher,” Besenbacher said.

He stressed the brewer would continue to be a Danish company with headquarter in Copenhagen.

“This will make it easier for the brewer to act if it wants to make larger acquisitions. Then the foundation does not have to be involved in the same way,” analyst Morten Imsgard at Sydbank said.

The foundation, which has been the main owner of Carlsberg since 1888, still wants to keep the rule that says it must hold at least 51 percent of the group’s voting rights.

It could then retain control if it cuts its stake. At the end of 2012 it owned 30 percent of the shares and held 75 percent of the voting rights through its privileged shares.

Any changes to the foundation’s charter have to be approved by the Danish Ministry of Justice. The application has already been sent to the ministry, which said it had not yet seen the document and so declined to comment.

Imsgard said he did not believe the foundation would sell its shares but would let its stake be diluted in a possible share issue in relation to, for example, an acquisition in Asia, where there is strong consolidation in the sector.

Besenbacher said the change was a logical step that would provide the brewer with the opportunity to adapt and develop.

“We believe that the change is in the clear interest of all shareholders as well as other stakeholders of the Carlsberg Group,” he said.

The board also proposed on Friday to phase in a new dividend policy over a two-year period, so that dividends for 2014 and onwards will be at least 25 percent of adjusted net profit.

“If such a payout ratio had been applied for 2012, the dividend paid would have been more than 50 percent higher,” the company said.

It is only six years since the Foundation cut its required holding to 25 percent from 51 percent, which paved the way for Carlsberg and Heineken’s (HEIN.AS) joint purchase of British brewer Scottish & Newcastle, which controls Russian peer Baltika.

Ownership by industrial foundations is common in Denmark. Pharmaceuticals groups Novo Nordisk (NOVOb.CO) and Lundbeck (LUN.CO) and shipper A.P. Møller-Maersk (MAERSKb.CO) also have such foundations as their controlling owners.

Additional reporting by Ole Mikkelsen; Editing by Will Waterman



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Zend [6 Certification Exam(s) ]





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