eligible shares for voting. 2. Real estate must be a project with finished construction and is ready to generate income. Investment is made at more than 80% of the project.3. Investment must not be in
contracts to be another underlying asset in addition to the current real estate and shares of special purpose vehicles (SPV) which hold real estate accounting for at least 75 percent of the voting rights
attend the shareholders? meetings and exercise their voting right to protect their own interest.?The following information provided in the prospectus shuould be taken into serious consideraton, namely (1
same rules as much as possible, and (4) re-definition of the term, “major shareholder” based on “the number of the voting shares” instead of “the number of the outstanding shares” to truly reflect the
regarding units of REIT, if indirect investment in real estate is made through shareholding of other companies, REIT must hold not less than 99% of the total sold shares and of the total voting shares in
least three quarters of total voting rights less interested shareholders to be approved. Accordingly, the SEC suggested ADAM shareholders carefully study relevant information, exercise their rights to
proportion in core business from the minimum of 75% of the total number of voting rights to that of 50%, strengthening investor protection by revising rules on holding company?s investment structure to ensure
respective trigger point and (ii) during the reduction process, such person abstains from exercising the voting right in the portion to be reduced. ?These revisions will reinforce fairness for
had denied the right of certain shareholders to attend the shareholders? meeting and deprived other shareholders of their voting right at the meeting.The public prosecutor incorporated the facts and
seek approval for such offering. Accordingly, shareholders can learn and aware of the related persons? movement and their voting. Meanwhile, the allotment of debentures, B/E and DW to the related