SEC has amended the procedure to make it easier for asset management companies to seek a unitholders’ resolution to revise or modify a mutual fund project and its management procedure by

Allotment of Shares in Excess of Underwriting Amount (No. 2)

Re: Allotment of Shares in Excess of Underwriting Amount

Granting the Purchasing Right to Provider of Over-Allotment Shares After Allotment of Shares in Excess of Underwriting Amount

Granting the Purchasing Right to Provider of Over-Allotment Shares After Allotment of Shares in Excess of Underwriting Amount

the ordinary shares in excess of their rights at the same offering price, whereby the Board of Directors or Executive Committee or Chief of Executive Committee or Managing Director shall be authorized

the ordinary shares in excess of their rights at the same offering price, whereby the Board of Directors or Executive Committee or Chief of Executive Committee or Managing Director shall be authorized

been a change in the necessary circumstances as provided in the first paragraph, the Minister upon the recommendation of the SEC may modify or change the conditions already specified.

been a change in the necessary circumstances as provided in the first paragraph, the Minister upon the recommendation of the SEC may modify or change the conditions already specified.

person or group of persons holds investment units in the amount exceeding the said limit, asset management company will be prohibited from distributing dividend and counting vote in the excess portion. The