Collective Investment Scheme and Conditions after Approval __________________ Chapter 1 Procedure for Submission of Application __________________ 5 Clause 10 The applicant submitting an application for
application and the evidentiary documentation as prescribed in the Licensing Manual for the Public, the SEC Office shall ascertain the facts in accordance with the procedure and method as prescribed in the
the Exchange )c) be in the process of rectifying its financial statements or reports required to be prepared under Section 56 or Section 57 or as ordered by the SEC Office or the Exchange; )d) have an
procedure and the license approval process of the licensing agency, which is the Department of Energy, Ministry of Energy, the Philippines. It is still in the process of reviewing additional documentation
financial statement dated December 31, 2019 is being referenced. To measure the transaction value the method used is book value of net tangible asset (NTA) and the value is 70.17% of the total asset. Over the
assets appraisal. 3.11 Intangible assets It shall disclose a valuation method determinate on book value prior to subtracted by accumulated write-off of assets, write-off procedure, utilizing lifetime or
method determinate on book value prior to subtracted by accumulated write-off of assets, write-off procedure, utilizing lifetime or write-off rate. 3.12 Provsion It shall disclose rules of recognition and
under selecting process by the procurement procedure of the Company, in case that the seller of new machine has a relationship in term of a connected person according to the Notification of the Capital
follows: (1) the objective of the offer for sale of sukuk; (2) the structure, procedure and transaction (if any) through which the trust property shall use the money received from the offer for sale of