characteristics as described under Clause 12 except for the cases specified under Clause 13 and Clause 14. Clause 11 In the interest of Clause 10(1), any of the actions below shall be deemed that the issuer or the
described under Clause 12 except for the cases specified under Clause 13 and Clause 14. Clause 11 In the interest of Clause 10(1), any of the actions below shall be deemed that the issuer or the offeror of an
case may be, except for the group of securities companies under Clause 2(1) which has obtained a license for establishing a securities trading center in any manner other than a license under regulatory
under Paragraph 4 of Clause 5, as the case may be, except for the group of securities companies under Clause 2(1) which has obtained a license for establishing a securities trading center in any manner
the said Act prohibits any securities company from taking purchase orders or sales orders from customers outside its head office or branch office premises, except the Office prescribes otherwise
company is allowed to advertise, except for the advertising made pursuant to Chapter 2 which must be approved by the Office prior to distribution. (UNOFFICIAL TRANSLATION) 3 Clause 5. To advertise, in any
of the Securities and Exchange Commission. Chapter 1 General Rules ------------------ Clause 4. The securities company is allowed to advertise, except for the advertising made pursuant to Chapter 2
return, except for estimated return specified in Clause 9; (3) information that urges investors to purchase investment units within a certain timeframe or by a certain time, except for the advertisement of