exemption or light-touch track for offers made to sophisticated investors or private placements. However, the SEC proposes that ICO for “investment participation” be initially allowed for institutional

not limited to, the following: (a) allocating the newly issued ordinary shares , whether single or sequential allocations, payment of the share price, other conditions and details in connection with the

ordinary shares, including, but not limited to, the following: (a) allocating the newly issued ordinary shares , whether single or sequential allocations, payment of the share price, other conditions and

the allocation of the newly issued ordinary shares, including, but not limited to, the following: (a) allocating the newly issued ordinary shares , whether single or sequential allocations, payment of

, such as, the subscription price of newly issued ordinary shares, number of allocations of the newly issued ordinary shares, whether single or sequential allocation, period of the offering, payment of

shares, number of allocations of the newly issued ordinary shares, whether single or sequential allocation, period of the offering, payment of share subscription price, name of specific persons under

but not limited to: (1) allocating the newly issued ordinary shares whether in a single or sequential allocations, determining the period of the offering, payment, conditions and other details in

subscription price of newly issued ordinary shares, number of allocations of the newly issued ordinary shares, whether single or sequential allocation, period of the offering, payment of share subscription price

ordinary shares, such as, the subscription price of newly issued ordinary shares, number of allocations of the newly issued ordinary shares, whether single or sequential allocation, period of the offering

follows: 1) to consider and determine details of the allocation of newly issued ordinary shares, such as, the subscription price of newly issued ordinary shares, number of allocations of the newly issued