; (4) being able to demonstrate that [i] a director, a manager or an authorized management person, responsible for undertaking trust business, of the applicant or [ii] major shareholder have
the approval to offer for sale of such securities, the SEC Office is empowered to: (1) order the approved person, a director or an executive to clarify or disclose additional information within a
transfer date within fiscal year of 2019 after an approval with special resolution from the shareholders meeting. Nevertheless, the Board of Directors of the Company and/or any person authorized by the Board
compliance with this Notification, the SEC Office shall be empowered to stipulate in detail the criteria for the following matters: (1) details on liquid assets and insurance and use of such assets for the
been authorized as a signatory unless it is demonstrated that affixation of his signature must be under the resolution of the board of directors and must co-sign with other directors. 2 “governmental
of other activities as assigned by the Board of Directors with the consent of the Audit Committee. To perform such duties completely, the Audit Committee is empowered to call in or ask the Management
operation of the company in a significant manner, whether as a result of being a shareholder or authorized under an agreement or any other matter, especially a person falling under any of the following
date, month and year of the order, administrative sanction imposed, name, signature and title of the authority issuing the order or the person authorized to sign the order. 2 Inserted by the Notification
case the applicant is in the process of applying for an approval to become the REIT manager, such person will be authorized to offer for sale of units on condition that the applicant has obtained an