applicant has financial condition that is likely to cause damage or any other circumstances indicating the applicant’s financial hardship, including not having any reasonable ground to believe that the

applicant has financial condition that is likely to cause damage or any other circumstances indicating the applicant’s financial hardship, including not having any reasonable ground to believe that the

, conditions, and procedures prescribed by the SEC Office. The application for approval under Paragraph 1 shall comprise the followings: (1) application for approval of the qualifications of the applicant; and

authorised Directors or Executives of the issuer who issues underlying shares; (5) having such other shareholding or management structure which demonstrates that the applicant has the power to control the

Office may reject the application for approval of a public offering of newly issued securities under Part 2 or Chapter 2 of Part 3: 6 (1) the applicant or the offering of securities has the characteristics