; 2) The increases shall not make the total investment unit value exceed the registered scheme capital (calculation based on the par value); 3) An additional offering of investment units to increase
ESOP (the difference is that EJIP is based on existing shares, whereas ESOP involves issuing new shares for capital increase) Principles Creates returns to directors or employees Application of
scheme capital (calculation based on the par value); 3) An additional offering of investment units to increase the scheme capital can be made after the change in the scheme capital has been registered
SPO is not more than 25 per cent of paid-up capital. The company which will submit the application in accordance with the fast track rule must meet the prescribed criteria, for instance, during the
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
increase authorized share capital shall be announced on the day of selling the investment units. 6.2 Open-end funds (1) Calculate the NAV and investment unit value at the end of every business day. (2
investment unit value as of the business day before selling the investment units to increase authorized share capital shall be announced on the day of selling the investment units. 6.2 Open-end funds (1
ownership of the business. Positive gains of the company will also benefit the shareholders. However, the capital increase may cause a dilution effect on shareholders. Therefore, supervision of the program
shareholder; [(ii)] acquires or is to acquire shares of securities company; and [(iii)] if acquisition is not a consequence of exercise of shareholder's right to purchase shares issued for increase of capital
provisions, conditions, and procedures to protect the investors or to ensure the clarity and uniformity in operating standards in the following matters : 1) The sale, redemption, an increase or reduction of