trust can sell units to high net-worth investors or general investors (in case of selling to retail investors, listing of the units in the Stock Exchange is required to enhance the liquidity). In case
(in case of selling to retail investors, listing of the units in the Stock Exchange is required to enhance the liquidity). In case the asset value of Greenfield* projects > 30% of the total asset
for sale overseas with foreign nationality (normal persons/juristic persons) or via omnibus account under a foreign mutual fund management company. 1.2 Relaxation on the unitholding proportion with
for sale overseas with foreign nationality (normal persons/juristic persons) or via omnibus account under a foreign mutual fund management company. 1.2 Relaxation on the unitholding proportion with
resembles the international supervisory framework. The audit quality control regulatory shall be performed at both individual auditor level and firm level. In order to enhance quality and reliability of the
enhance audit quality of financial statements of entities under the SEC oversight to ensure confidence on financial reporting disclosed to the public. The SEC requires the auditor in the capital market to
isclosures of investment policy and proportion of investment in the funds under the same management companies as well as fees and voting rights are required; (5) No double counting in the disclosure of NAV
isclosures of investment policy and proportion of investment in the funds under the same management companies as well as fees and voting rights are required; (5) No double counting in the disclosure of NAV
person shall establish limited company or public limited company to undertake securities finance business. The company so established shall have formation of shareholders and their proportion of
. 2. Proportion of IPO shares being allocated Sponsors: not more than 15 percent of the total number of IPO shares may be allocated to sponsors RP and staff of the company and subsidiary: n ot more