number of non-executive directors and the increasing number of meetings; and an increase in expense on hiring of independent specialists such as external auditor, internal auditor, and legal and accounting
the Company as detail below; 4 During the Company’s Board of Directors’ meeting regarding the related party transaction, the related persons left the meetings and did not vote on such agendas. (6
+ expertise in valuation of infrastructure assets; - a renewal of asset valuation is required every three year 6. Unit holder meetings no restrictions a yearly unit holder meeting is mandatory, a resolution of
independent director to participate in setting the agenda of board meetings. 5. Moving Forward 1. The board should demonstrate a thorough understanding of its responsibilities and leadership role in driving
meetings and conducting public hearings. (In 2012, the SEC held 22 public consultations via its website.) In case of a high impact regulation, a large-scale seminar may be necessary. Moreover, the proposed
provisions regarding the general meeting or member meetings classified by investment policies or employers in cases where the fund is established with multiple investment policies or as a pooled fund, as the
compliance with Section 89/15. During the rehabilitation plan or not, the company secretary must prepare and keep the register of the plan administrator, notices of directors' meetings, minutes of the plan