: Maintenance of Financial Position of Licensed Derivative Brokers (No. 2) dated 2 May 2006, which came into force on 16 May 2006; 4 Clause 2/11 The provision as prescribed in Clause 3 shall not be applicable to

Licensed Derivative Brokers (No. 2) dated 2 May 2006, which came into force on 16 May 2006; 4 Clause 2/11 The provision as prescribed in Clause 3 shall not be applicable to a derivatives broker which has

Calculation Formula 1. Net Tangible Asset (NTA) = Not applicable, as the NTA of the Company is in negative. 2. Net Profit = Not applicable, as the negative net profit 3. Total Value of Consideration = Amount

and its subsidiaries Not applicable due to negative NTA 2. Net Profit (Net profit of target company X % holding)*100 / Net profit of the listed company and its subsidiaries Not applicable due to

appropriate in the best interests of the Company, and subject to compliance with the applicable laws, rules and regulations, provided that the price and conditions of such disposal of assets shall not be less

applicable to mutual fund management company, but AIA Company Limited failed to comply with the provisions being applicable to mutual fund management company in case of redemption payment process when the

as follows: (1) Calculation based on the value of net tangible assets (NTA) Not applicable as NTA resulted in a negative value. Net tangible assets (NTA) = total assets – intangible assets – deferred

) “Training Institute” means training institutes accepted by the Office; (Translation) -2- Chapter 1 Scope of the Applicability ____________________ Clause 3. This Notification shall not apply to the

job title; (5) “Training Institute” means training institutes accepted by the Office; Chapter 1 Scope of the Applicability ____________________ Clause 3 . This Notification shall not apply to the

relevant Authority to manage Covered Funds and that meets the applicable conditions set out in Appendix B to this MoU. (f) “Cross-border On-site Visit” means any visit by one Authority to the premises of a