).   The SEC requires that the bondholder representative analyze the benefits and shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the

analyze the benefits 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

2: Consideration for approval of the change to the coupon rate.  The SEC requires that the bondholder representative analyze the benefits and shortcomings as well as the potential impacts on the

examine whether incremental price-earnings 4 multiples are independent from a string of earnings increases after controlling for variability of future earnings. In the second set of analyses, it is true

required to examine the issue raised by the auditor whether the questionable transactions of land sales and purchases were in line with the normal course of business operation.Concurrently, the SEC

business operators providing bond securities business services to examine and ensure that the ultimate beneficiary owners (UBO) register for their authentication with the BOT before providing the

related receipt and payment transactions, and the accounting records practice. The company was also required to examine the issue raised by the auditor whether the questionable transactions of land sales

tail dependency evolves, and then seek to examine the effects of tail dependence on optimal portfolios. Keywords: REITs, Dependence Structure, Tail Dependence, Conditional Copula JEL Classification: G10

will regularly review and maintain the audit quality control system to comply with the standards mentioned in 1. Additionally, the audit firm consents for inspectors of the SEC Office to inspect the

and maintain the audit quality control system to comply with the standards mentioned in 1. Additionally, the audit firm consents for inspectors of the SEC Office to inspect the audit quality when