stringent customer approval criteria for commercial lending policies vis-à-vis small and micro businesses. We continued to prioritize risk assessment through prudent screening and close monitoring of

small and mid-cap companies, which involve additional risks such as limited liquidity and greater volatility. The Fund invests in securities outside of the U.S. which involve greater volatility and

European Union and Japan while the Chinese economy may witness only low growth. Governments of several countries hastened the implementation of large-scale stimulus packages in order to ameliorate the

certain business operators’ income and operating costs. Under these circumstances, KBank put in place more stringent customer approval criteria for commercial lending policies vis-à-vis small and micro

to the agreement made with the Company in order for preventing any conflict of interests which may cause, still honor his obligations under such agreement on a continuous basis as well. The substance

granting of approval under this Notification, certain facts lead to the consideration that the objective or substance of such offer for sale of sukuk has the intention to evade provisions under the law

under Paragraph 1 is translated from any language, the offeror shall proceed as follows: (1) certify that the substance of the translated information has truly occurred or is in existence, and that there

language, the applicant shall proceed as follows: (1) certify that the substance of the translated information or documents has truly occurred or is in existence, and that there is no concealment of any fact

documents under Paragraph 1 are translated from a foreign language, the foreign entity shall also proceed as follows: (1) certify that the substance of the translated information or documents has truly

1.05% from the previous quarter. However, substance economic challenges are remained such as global economic recession as a result of policy interest rate increment, high household debt level increasing