of the company business with the power to manage the assets. This is in replacement of the existing management and shareholders. As a result, on January 12, 2005, DMF sent a letter to the SEC
resolution of its Board of Directors Meeting No. 9/2004 held on October 19, 2004 concerning newly issued shares together with warrants to existing shareholders. DTM?s Board Meeting resolved that the
the existing rules which allow only natural persons to perform such role. Once effective, the amendment is expected to further facilitate access to fund investment and promote development of new
companies whose shares are held by the public.The main objectives of the proposed rules are (1) taking action against existing executives who act improperly, and (2) preventing inappropriate acts of seeking
assign the responsibilities to existing directors who already have the qualifications of independent directors, reduce the total number of board members, or recruit new independent director(s).SEC
prepare the most recent annual and quarterly financial statements as required under the existing regulations. To eliminate the said obstacle, the SEC proposed to relax securities offering rule to allow the
prepare the most recent annual and quarterly financial statements as required under the existing regulations.? To eliminate the said obstacle, the SEC proposed to relax securities offering rule to allow the
on such technology for customer communication and service regarding securities and derivatives business. The draft regulations would be imposed on both existing and new operating business providers
businesses in case they fail to maintain capital adequacy as required.SEC has proposed a grace period of two years for existing asset management companies and trust managers in operation before the effective