securities Private Placement General approval / ​no duty to disclose information ​ ​ Public Offering Require approval / disclosure of information   Impact and mechanisms to preserve the right of stakeholders

foreign exchange rate exposure must be fully hedged; 2. In the case that the mutual fund has the policy for distribution of return payment, the return payment must be straight forward and easy to understand

of and understand the status of the mutual fund after the amalgamation/merger: ​​ ​4.1 U p-to-date investment portfolio; ​​4.2 A co mparative summary of key information and differences of the mutual

foreign exchange rate exposure must be fully hedged; 2. In the case that the mutual fund has the policy for distribution of return payment, the return payment must be straight forward and easy to understand

of and understand the status of the mutual fund after the amalgamation/merger: ​​ ​4.1 U p-to-date investment portfolio; ​​4.2 A co mparative summary of key information and differences of the mutual

warrant There are measures to protect and preserve the right of shareholders (exempted from complying with the criteria for low-price shares)  The shareholders' resolution is effective for one year.  Such