government budget and public debt as it can invest in the infrastructure projects of electricity, roads, airport, for instance. In addition, recently the investible infrastructure assets have been revised to
had less contraction from the previous quarter after the gradual relaxation of lockdown measures, contributing many economic activities to improve. For example, private consumption and private
prohibited characteristics of personnel in securities businesses. In case the applicant appears to possess any prohibited characteristics, the Office shall proceed in accordance with the rules and procedures
Completion Date. 2. In case any of the above trademark(s) has not been registered, NEWS shall proceed and assist GNET and/or NBC to register Enclosure 2 6 such trademark again and/or procure that NBC will be
case may be, of a mutual fund; “trading day” means any of the days on which selling or redemption of investment units may take place, as specified by a mutual fund management company in a scheme; and
case-by-case basis, by the Office, with the primary businesses in line with the primary business in which the mutual fund intends to invest, as specified in the investment policy; “Client” means person
more than 75% of all shares with voting right; (15) Foreign investors with the same characteristics as such investors under (1) to (14) mutatis mutandis; (16) Juristic person as permitted, on a case-by
the Office shall be positive. In case where the securities company increase its paid-up capital after the issuance of the latest financial statement, such increasing shall be calculated in the
) shareholders’ equity as shown in the latest financial statement that has been audited by an auditor approved by the Office shall be positive. In case where the securities company increase its paid-up capital