matters can tarnish the credibility of THL management and internal audit system while connected transactions with related entities can also cause conflicts of interest, which could subsequently affect

implement efficient, reliable and systematic credit rating methodologies and operate independently without conflicts of interest. Inputs must be managed efficiently while disclosure of public information must

protecting investors’ rights. For example, having personnel readiness and work systems related to duty performance and establishing preventive measures and effective handling of conflicts of interest

) -None- 13, Disputes The Company had not had any pending legal disputes that may have an impact on its assets at more than 5 percent of the total shareholder’s equity as of June 30, 2019. 14. Benefits or

procurement of benefit 3. Market overview of the business of procuring benefits from REIT’s assets 4. Risk factors 5. Legal disputes 6. Other relevant information Part 3: REIT Supervision and Management 7

. Insider trading is prohibited and other types of self-dealing and conflicts of interest are regulated. The SEC actively monitors the market for abusive practices. Institutional investors regularly vote

deliveries postponement to some Government projects to 2020. Furthermore, the significant flooding of Chinese goods amid the ongoing US-CHINA trade disputes has sent the market into high competition and

consultant and client in case of disputes or complaints as well as prevent problems resulted from such trading orders, thereby enhancing market confidence as a whole."

? interest, and represent retail investors in making legal claims should there be any disputes or damage arising from unlawful conduct. In this regard, the TIA needs to strengthen its publicity and credibility

in the environmental and social areas, which include respect for human rights and good corporate governance. For example, climate change risk, biohygienic and safety risk, disputes with the community