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
newly issued ordinary shares shall be during July 2-6, 2018 at 9.00 a.m.–3.30 p.m. Details of the allotment are as follows: 5.1.1 In case there are unsubscribed newly issued ordinary shares remaining from
Re: Allocation of Cash Flow under Securitization Program and Reporting on Transfer of the Remaining Assets and Benefits of Special Purpose Vehicles
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.
accordance with their shareholding ratio until all shares are fully subscribed, or until such remaining shares cannot be allocated due to fraction of shares, or until none of the shareholders wishes to over
over subscribe the shares exceeding their right in accordance with their shareholding ratio until all shares are fully subscribed, or until such remaining shares cannot be allocated due to fraction of
are fully subscribed, or until such remaining shares cannot be allocated due to fraction of shares, or until none of the shareholders wishes to over subscribe for those unsubscribed shares. In this
remaining share will be determined to the existing shareholder who subscribed and paid up by its allotment and be able to over-subscribe to its allotment. WCIH determined the date to subscribed and paid up