through KAL’s ordinary shares. It was initially treated as a business combination. However, the group of entities under KAL was established with the purpose for merging with another business (Special

securities which come with high application fees and do not answer the need of business operators who wish to provide specific services. The SEC has therefore revised the Ministerial Regulation on Securities

revise the rules to allow a person or a group of persons to hold investment units of any retail fund not exceeding one-third of the total units sold.In case of exceeding the unit holding limit as specified

capital market. This is to allow existing business operators, apart from securities companies, financial institutions, or newly established companies as specified in the current ministerial regulation, to

be sufficient and timely. Independent credit rating without issuer client must be stated accordingly, and whether or not the issuer has contributed any information for the rating, in the CRA report to

establish its global Footprint in the Fibers business in South America’s largest economy, Brazil and participate not only in the large domestic market but also enjoy strategic and logistic advantages from

In this regard, the SEC reiterates its warning to DA business operators to fulfill their duties in safeguarding clients’ digital assets in accordance with established criteria, with a primary

not wish to offer. Additionally, the license fee structure would be revised to ensure it would not affect the rights of the existing businesses, and the existing business licenses will be automatically

holding other company?s stocks ("holding company"). The amended regulations specify that holding company must hold shares in its subsidiaries that are categorized as its core business (either established in

financial institution established under specific law. ?Recently, bills of exchange have been actively used for fundraising not only from institutional investors but also from private individuals either