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
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
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