an owner of the company, shareholders shall appoint the board of directors to be their representatives to oversee and manage the company. Shareholders are eligible to make decisions on any significant
capacity to continuously and reliably manage the trust according to the trust instrument. In case of a non-asset company, the SEC prescribes additional requirements as follows: A paid-up capital of not
Infrastructure Trust Regulatory Summary Related Rules/Regulations Related Forms A trustee is a person acquiring a transfer of right over a property from a trust manager to manage the property for the
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have conflict of interests or there are adequate measures to manage conflict of interests Principles : Controlling persons or those who have influence on a listed company (directors, executives and
structure A REIT is not a juristic person, but a pool of assets owned by a trustee. A trustee is entrusted with powers to oversee and administer assets of the trust in interests of the unitholders, who are
management systems, and disclose its opinion in the company’s annual report. Principle 6.3 The board should manage and monitor conflicts of interest that might occur between the company, management, directors