with law controlling business undertaking of such legal entity; (2) not have financial condition that is likely to cause damage or any other circumstances that show its financial hardship; (3) within

show that its operational system will be prompt for operating securities business in the category of venture capital management; consideration on which will be taken into account its internal control

; (2) not have financial condition that is likely to cause damage or any other circumstances that show its financial hardship; (3) within three years preceding the year of filing application toward the

operating securities business in the category applying for the license, and other businesses as permitted by the SEC; (3) be able to show that its operational system will be prompt for operating securities

set aside reserve capital in accordance with law controlling business undertaking of such legal entity; (2) be able to show that its operational system will be prompt for operating securities business

of total shares sold of such legal entity; (3) 2 have objectives to operate securities business in the category as applying for license and other activities as permitted by the SEC; (4) be able to show

5. Asset valuation no restrictions - the appraisers have experiences + expertise in valuation of infrastructure assets; - a renewal of asset valuation  is required every three year 6. Unit holder

+ expertise in valuation of infrastructure assets; - a renewal of asset valuation  is required every three year 6. Unit holder meetings no restrictions a yearly unit holder meeting is mandatory, a resolution of