announced a measure for temporary liquidity management by allowing asset management companies to borrow or enter into repurchase agreements at the maximum rate of 30 percent, instead of the usual 10 percent
paragraph, or has no legal heir, such amount shall devolve onto the fund. Section 23/1.3 In case of pooled fund, the fund manager shall calculate the benefit of an employee upon termination of his membership
devolve onto the fund. Section 23/1. 3 In case of pooled fund, the fund manager shall calculate the benefit of an employee upon termination of his membership from the interest of all employees of the same
unit holders.Furthermore, SEC will launch an online submission channel for the convenience of the business providers rather than the usual CD submission, as well as a mean to alleviate burdens and the
calculate the limits for each investment policy instead of for each fund, except for the investment limits set out in Clause 54.” Clause 4. In calculating limits for additional investment in assets by
calculate the limits for each investment policy instead of for each fund, except for the investment limits set out in Clause 54.” Clause 4. In calculating limits for additional investment in assets by
, management company shall calculate the limits for each investment policy instead of for each fund, except for the investment limits set out in Clause 54.” Clause 4. In calculating limits for additional
amended) is less than 15 percent and the total size of transactions in the past 6 months is also less than 15 percent. The transaction is subject to usual regulatory approvals (including approval by the
fourth quarter of 2017/ early 2018 subject to the usual regulatory approvals. Please be informed accordingly. Yours faithfully, (Mr. Souvik Roy Chowdhury) Company Secretary
sellable rooms inventory which did not meet customer demand during usual high season period. In addition, the impact of Coronavirus 2019 (Covid-19) pandemic caused the decreasing number of guests especially