subsequent orders to be aware of the conditions. Reason and conditions for right adjustment There are changes in the indicated price of the shares resulting from share consolidation or split. Newly issued

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

warrant                  : consider to separate offering price for shares and warrant Public Offering Placement (PO Placement) Approval criteria is the same as an offer for sale of shares / CD / warrant to

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

in a continued and credible manner.   Good internal control Specify the scope of powers and duties and approval of transactions in a transparent form in writing. Separate the powers to approve, record