number was long-term bonds. In recent times, SEC has been revising and changing bond-related regulations to become stricter, increasing the protection of the investors by making it mandatory to provide

investors’ complaints as well as an arbitration process to offer investors and market participants an alternative to settling their disputes. In recent years, additional efforts have been made in different

protect the best interest of the fund members. Pursuant to the recent amendments to the PVD regulations, employees are now allowed to increase their contribution rate independently from their employers, and

ASCO has been in talk with its members to set the report format before submitting to the SEC for approval of ASCO's regulation. Recent securities trading statistics indicated that investment of local

ASCO has been in talk with its members to set the report format before submitting to the SEC for approval of ASCO?s regulation. Recent securities trading statistics indicated that investment of local

requirement that an employee who is terminated after having been employed by the same employer for an uninterrupted period of 20 years or more, receives severance payment of 400 days of wages at the most recent

and lowest exchange rates for each month during the previous six months; and (c) for the three most recent financial years and any subsequent interim period for which financial statements are presented

on Connected Transaction"). The transaction size is equal to 0.66 percent of Net Tangible Asset (NTA) of the Company according to the most recent consolidated financial statements of the Company for

Loan to Value regulation or “LTV”. Moreover, the household debt has been steadily increased in recent years which result to the strict in granting a loan to the borrower from many financial institutions

negotiation between the Company and LAC with reference to most recent market price. 6. Source of fund for the transaction: Cash from operation of the Company 7. Expected benefits from the investment: The