shall rely on the rules stipulated by the law governing securities and exchange and shall openly notify the result of the consideration on the website of the SEC Office within five business days as from

of information; (3) providing appropriate channels, procedures and period of time for clearly demonstrating objection. 1 Whereas this Section prohibits a trustee from entering into a transaction

measures to prevent and manage conflicts of interest. Such mechanism and measures must be clearly outlined in the ICO filing. Additionally, specific significant matters would require approval from the

connection, all business operators are required to place high importance and clearly communicate the information contained in their advertisements. The advertisement must not contain false, exaggerating or

supporting reasons, and clearly provide information to the bondholders together with the opinions of the bondholder representative. The bondholders are, therefore, encouraged to thoroughly review the

approval and decline of approval for the above matters with respective supporting reasons, and clearly provide information to the bondholders together with the opinions of the bondholder representative

and shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons, and clearly provide

as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons, and clearly provide information to the

and shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons, and clearly provide

-approval of each option clearly to the bondholders, together with the reasons and opinions of the bondholders' representative. Furthermore, the SEC requests the bondholders to scrutinize the information in