outsourced activities, for providing services shall be within the scope of work and under the rules as prescribed in this Notification. Clause 4 The SEC Office may announce a detailed guideline for the benefit
to the SEC Office within fifteen days as from the date of outsourcing, and in case of a material change, the intermediary shall notify the SEC Office of such change within fifteen days as from the date
within the next business day from the date on which the securities underwriter collects money from subscribers. Such subscription money shall not be used for any other business; (2) make an agreement with
into a securities subscription account of an offeror or segregate subscription money from an asset account of the securities underwriter within the next business day from the date on which the securities
lower amount between the total amount of securities purchased and the total amount of securities sold within a one-year period, divided by the average NAV of the mutual fund in the same period. The mutual
trading in the mutual fund’s portfolio over a period. The calculation is based on the lower amount between the total amount of securities purchased and the total amount of securities sold within a one-year
purchaser does not have any relationship with the Company. The transaction, therefore, does not fall within criteria of the connected transaction under the Notification of the Capital Market Supervisory Board