not appear that the management company conducts an offence relating to misleading its financial status or actual performance; (5) the management company is not ordered by the Securities and Exchange
operation; (4) not being ordered by the Securities and Exchange Commission, the administrative panel or the Office to suspend or restrict its operation, or not being ordered by the Securities and Exchange
five years prior to the date the branch office starts its operation; (4) not being ordered by the Securities and Exchange Commission, the administrative panel or the Office to suspend or restrict its
Market Supervisory Board or the SEC Office, nor having corrected the financial status or the operating result as ordered by the said authorities. 4.8 Having not been ordered by the SEC Office to amend the
starts its operation; (4) not being ordered by the Capital Market Supervisory Board or the Office to restrict its business expansion or cease its operation, or in the process of rectifying its operation by
the period as prescribed by the Office, but not exceeding five years prior to the date the branch office starts its operation; (4) not being ordered by the Capital Market Supervisory Board or the Office
compared with the previous year (cash flow increase). Forasmuch 2016, has ordered for ice machine under the installment sales amount 15 machines, while 2017, not ordered for sales. Therefore, in 2017, has
approved under Chapter 1 or Chapter 2, who is an employee or a staff of the appraisal company in capital market and is not in suspending period of being lead appraiser ordered by the SEC Office or the