infrastructure business to raise funds from investors by offering income-producing projects. The proceeds are capitalized in development of new projects, thereby reducing fiscal burdens and public debts while
. Definition of an executive Disclosure of information Annual and quarterly financial statements as reviewed and audited by an sec-approved auditor in compliance with accounting standards of a public company
price stabilization under the underwriting agreement with the securities issuing company and in compliance with the regulations issued by the Capital Market Supervisory Board under this Act; 2
securities Public company limited Private Placement General approval / no duty to disclose information Public Offering Require approval / disclosure of information Existing securities Owner of the
must also take into account the protection of investors. Regulatory Suumary The criteria for approving ESOP apply to the following business and securities: Business: Public company limited incorporated
to responsibility for mutual fund management. Clause 4 Any person holding more than ten percent of total shares sold of newly established limited company or public limited company under Clause 3 shall
the public. A listed company must use proceeds from the approved offering of shares in accordance with the objectives of the capital increase indicated in the notice calling shareholders' meeting. A
established under specific law; or (6) newly established limited company or public limited company to undertake securities business in the category of investment advisory service under this Ministerial