with the offering price lower than 90 percent of the market price, to a specific investor or group of investors whether in private or public. Calculations of the offering price Shares
Type of offers Stakeholders Impact Mechanism to preserve rights Rights Offering (RO) Shareholders None Require approval of the shareholders Private Placement (PP) Price not lower than market price
), investment units values, offering price and redemption price (3) Amendments to the scheme according to a resolution of the mutual fund unitholders In the case of special vote or majority vote that the number
), investment units values, offering price and redemption price (3) Amendments to the scheme according to a resolution of the mutual fund unitholders In the case of special vote or majority vote that the number
– in case of a listed company Criteria for approval: can be divided into four cases, depending on the nature of share price indication based on the resolution of the shareholders' meeting. 1 st case
. Fast track case for companies with good corporate governance and offer for sale of shares at a price not lower than the market price, which do not sell a share swap and the number of shares offered for
information which might affect the qualifications of the company is concealed. Offering price for PP is lower than IPO after the date of application, the company is prohibited from offering to sell PP at a
years Underlying shares being newly issued shares of the company Having a definitive price and the exercise ratio Allowing a period of time to indicate the exercise of right not less than 15 days before
' meeting and the offering price can be categorized as an offering at a discount. Consideration of whether or not the offering price is at a discount must examine the rules on offering of securities at a
generally disclosed to the public and is material to the change of price or the value of securities. Presumption on person who “knows or possesses inside information" Acts Insider (Section 243) (1