collection before the effective date. (2) H igher than the ceiling rate for over 5%, the co m p any shall obtain special resolution of the unitholders. (5) Where a mutual fund management company wishes
. Since the transaction size is less than 15%, therefore, the Company has no obligation to report and disclose the transaction, and not oblige to obtain the resolution from shareholders. However, the
shareholders’ meeting in order to obtain resolution on the offer for sale of newly-issued securities with discount provided that a notice calling the shareholders’ meeting shall be delivered to shareholders at
to be approved under Division 2 or Division 3 of this Chapter, as the case may be, shall comply with the following criteria: (1) obtain an explicit resolution from the company’s board of directors
shall refer to the registration statement which has been filed together with the application for approval only; (3) obtain an explicit resolution from the company’s board of directors approving the
been authorized as a signatory unless it is demonstrated that affixation of his signature must be under the resolution of the board of directors and must co-sign with other directors. 2 “governmental
the conversion price falls within the meaning of an offer for sale of newly issued shares at discount. Clause 3 A company eligible to obtain an approval of an offer for sale of newly issued warrants and
in accordance with the resolution of the shareholders’ meeting whereby the shares shall be offered impartially to all shareholders except any shareholder who will cause the 3 Amended by the
fourths of the total voting rights of the attending shareholders. Clause 11. For any transaction relating to issuance of sukuk which falls under the conditions required to obtain a resolution from the board