determined the purchase price of the shares considered from the value of the business through Discounted Cash Flow method. 7. Benefits Expected to be obtained by the Company from the Transaction At present
(2) The customers’ consent must be obtained or specified in the details of the mutual fund scheme in case of a private fund or mutual fund, as the case may be. In the designation for investment
Establishment and Management of Funds (No. 2), dated 21 January 2005. (Translation) 6 (2) The customers’ consent must be obtained or specified in the details of the mutual fund scheme in case of a private fund or
Funds (No. 2), dated 21 January 2005. (Translation) 6 (2) The customers’ consent must be obtained or specified in the details of the mutual fund scheme in case of a private fund or mutual fund, as the
personnel who obtained the approval from the SEC Office in accordance with the rules specified in the notification of the SEC Office, be responsible for contacting, soliciting or giving advice related to
--------------------------------------- Clause 12. 9 Derivatives broker shall arrange to have personnel who obtained the approval from the SEC Office in accordance with the rules specified in the 6 As amended by the SEC Office Notification No
--------------------------------------- Clause 12.9 Derivatives broker shall arrange to have personnel who obtained the approval from the SEC Office in accordance with the rules specified in the 6 As amended by the SEC Office Notification No
analysis for not less than three years within five years prior to the date of submission of the application. 2. Having obtained a certificate (level 3) in Chartered Financial Analyst (CFA) or Certified
analysis for not less than three years within five years prior to the date of submission of the application. 2. Having obtained a certificate (level 3) in Chartered Financial Analyst (CFA) or Certified
to securities investment or securities analysis for not less than three years within five years prior to the date of submission of the application. 2. Having obtained a certificate (level 3) in