shall be an entitlement of unallocated subscribers’ rights to receive interest at the rate of not less than seven point five percent per annum from the date after such period ends; (b) prohibition of

receive interest at the rate of not less than seven point five percent per annum from the date after such period ends; (b) prohibition of using subscription money in excess of the total amount expected to

point five percent per annum from the date after such period ends; (b) prohibition of using subscription money in excess of the total amount expected to obtain from the offering for any other business

period ends; (b) prohibition of using subscription money in excess of the total amount expected to obtain from the offering for any other business before returning money to unallocated subscribers

subscribers’ rights to receive interest at the rate of not less than seven point five percent per annum from the date after such period ends; (b) prohibition of using subscription money in excess of the total

as the average annual payment of the current contract; therefore, the partnership deal ends in May 2022, instead of May 2020. Nevertheless, the overall sponsorship fees to be recognized through the

when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service Concession Arrangements’. As a result, the Group’s management recognized revenue from

specified in the fund’s articles, provided that the period so specified in the fund’s articles shall not be less than ninety days from the date on which his employment ends. Section 23/4.4 In cases where the

period so specified in the fund’s articles shall not be less than ninety days from the date on which his employment ends . Section 23/4. 4 In cases where the employer disengage from pooled fund and has not

above, and Section 4 concludes. 2. Data and Empirical Methodology Our article relies on several data source. Fund total returns, investment objectives (referred to as Morningstar Category), fees, total