majority expressing agreement with the principles and the proposed amendments. The SEC has therefore issued notifications concerning the amendments to the regulatory framework for ready-to-use utility tokens
and taking into consideration the comments and recommendations of business operators and the general public, the SEC is now seeking public comments on two notifications concerning the proposed
asset management companies. Both notifications are to be published in the Royal Gazette.“Asset management companies wishing to establish these SSFs can submit draft applications to SEC consideration in
securities and derivatives business operators. The revisions will provide a compilation of rules presently specified in a number of notifications for more clarity and appropriateness. According to the proposed
published in the Government Gazette and will take effect from 1 April 2026 onward. Notes: * Two relevant notifications are: 1. Notification of the Office of the Securities and Exchange Commission No
maximum transaction value based on the total value of the consideration method is 47.50 percent. The transaction is classified as a Class 2 Transaction according to Notifications on Acquisition or Disposal
Disposition of Assets, 2004 (collectively, the “Notifications on Acquisition or Disposal”) The maximum transaction value calculated based on consolidated financial statements for the period ending 31 December
: Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Asset, 2004 (as amended). Notifications on Connected Transactions The Notification of Capital
(“Mandarin”). This transaction is classified as the connected transaction with the following details: The transaction date : After the approval from the Board of Directors’ meeting. The connected parties
businesses and investors, preparing a set of common offering rules classified by risk and complexity levels of products to boost flexibility in offering new products and services, and introducing a new