Loan Agreement and the payment for the arrangement to reinvest in 1 ordinary share are as follows: If 25.10% of the equity value of SGAH is at least USD 100.00 million, the Company will, in effect
branch office, comprising at least an efficient system for operational management, compliance management, information management and preparation of competent personnel. 4.4 Having the result of the latest
of the Securities and Exchange Commission. Clause 2 At least two fifths of the total number of directors of a derivatives exchange shall be persons capable of performing the duty to safeguard the
operator’s proprietary trading shall arrange to have systems for administrative management and management of risk which could arise from such investment, at least in the manner in accordance with the guideline
position called otherwise shall: 1. possess a bachelor’s degree or higher or an equivalent degree certified by the Office of the Civil Service Commission with at least three-year work experience; or 2
company (Chinese wall). There shall be at least measures for prevention of inside information leaking between work units and personnel who have an opportunity to access inside information of a securities
work units and personnel of a securities company (Chinese wall). There shall be at least measures for prevention of inside information leaking between work units and personnel who have an opportunity to