process of selecting an auditor from the SEC Approved List. As conducting a special audit is a crucial matter that may impact the rights and benefits of securities holders or influence investor decisions
. The new digital platform also covers clearing and settlement, register of instrument holders, custody of instruments, and payment of interest or dividends.“The pilot project will be conducted on
such material information could affect the benefits of securities holders, investment decisions and the EARTH securities price, the SEC has ordered EARTH to further clarify the cause of the default
and intend to jointly control the company, such person or persons will be required to launch tender offer to purchase securities from all securities holders and report securities holding under Section
was completed. The company?s financial statements, accordingly, contains unclear item as to reasonableness of the said transaction which may affect the benefit of securities holders and investment
consideration. The Sub-Committee opined that the tender offer rules aim to protect securities holders in cases of change in control over the business by providing fair exit and fair treatment to shareholders who
seeking unitholders? resolutions. The rules governing debt-liked investment units and the rules on seeking unit-holders? resolutions for capital reduction will also be revised with the aim of clarifying and
indebtedness. Under the said circumstances, the debt securities holders may expose to legal risk that would restrain them claiming on the assets of overseas headquarter. Thus, the SEC proposed to amend the rules
management companies must not charge the funds an advertisement fee, except that the advertisement is evenly beneficial to the funds and all unit holders. Also, the companies must not charge the funds for the
who holds the title to the trust property and is responsible for the trust management, or by the resolution of the REIT unit holders. There are also similar supervisory aspects in the areas of conflicts