) and shareholding in each level exceeds fifty percent of the total number of shares with voting right of such other companies; (4) company holding shares of the applicant, whether directly or indirectly
outstanding indebtedness of any client or all clients altogether exceeds the specified limits as a result of any of the following reasons: (1) 46 an increase in the value of the borrowed securities; (2) 47 a
business under the chain principle by any person reaches or exceeds 25%, 50% or 75% of the total voting rights of the business pursuant to the notification of the Capital Market Supervision Board re: Rules
under Section 246 by providing the information required under item 10. 5. If an acquisition of control over a business under the chain principle by any person reaches or exceeds 25%, 50% or 75% of the
any person reaches or exceeds 25%, 50% or 75% of the total voting rights of the business pursuant to the notification of the Capital Market Supervision Board re: Rules, Conditions and Procedures on
principle by any person reaches or exceeds 25%, 50% or 75% of the total voting rights of the business pursuant to the notification of the Capital Market Supervision Board re: Rules, Conditions and Procedures