into its consideration: (1) the seriousness of the fact or circumstances that have changed; (2) the effect upon the investors who have subscribed for the debt securities. Clause 11 In cases where any of
Termination of Approval Clause 18 The approval of personnel in the capital market business shall be terminated upon occurrence of any of the following circumstances: (1) when such persons no longer have the
Share Acquisition Transaction mentioned above will be entered into by the Company when the conditions precedent specified in the share purchase agreement are fulfilled. Upon consummation of the Share
precedent specified in the share purchase agreement are fulfilled. Upon consummation of the Share Acquisition Transaction, the Company will be the shareholder of Hero Experience holding shares equivalent to
C or is in a process of applying for such license. Clause 9 An applicant shall be granted a derivatives business license type Sor-1 only upon meeting the following qualifications: (1)4 having paid-up
such license. Clause 9 An applicant shall be granted a derivatives business license type Sor-1 only upon meeting the following qualifications: (1)4 having paid-up registered capital under Notification of
such license. Clause 9 An applicant shall be granted a derivatives business license type Sor-1 only upon meeting the following qualifications: (1)4 having paid-up registered capital under Notification of
operator shall be terminated upon any of the following causes: (1) in case the approval of the SEC Office has specified therein an effective period, such approval shall be terminated after the lapse of such
operator shall be terminated upon any of the following causes: (1) in case the approval of the SEC Office has specified therein an effective period, such approval shall be terminated after the lapse of such
appointment of an executive of a derivatives business operator shall be terminated upon any of the following causes: (1) in case the approval of the SEC Office has specified therein an effective period, such