SEC has amended the procedure to make it easier for asset management companies to seek a unitholders’ resolution to revise or modify a mutual fund project and its management procedure by
public. In addition, as the disadvantage of double taxation has been eliminated, PE trust will be more advantageous than PE company with more flexibility in repayment of capital. The offering of PE trust
currencies and gradually, retail investors will be permitted to invest in such products as well. This is to ensure that easing of investment regulations will truly be advantageous for investors, intermediaries