assets or securities of the open-end fund cannot be reasonably disposed of, distributed or transferred due to reasonable circumstances; (2.2) The NAV cannot be calculated fairly and appropriately
between two financial markets. The HK-TH MRF marks an important milestone in the bilateral cooperation between Hong Kong SAR and Thailand, following the Memorandum of Understanding on Strengthening Economic
Understanding on Strengthening Economic Relations between Hong Kong SAR and Thailand signed on the 29th November 2019. Participating CIS operators under the HK-TH MRF will have to comply to the Memorandum of
increasing alternatives and opportunities for investment in the country's infrastructure assets. The government has been supporting the scheme with tax benefits as follows: exemption of dividend tax for
the debt instruments may be unable to pay the debt, all unitholders in the register of the funds on the day of such recording are entitled to the net income from assets received as repayment of debts
. Investments in infrastructure assets Three Types of qualified investments are: direct investment through obtaining ownership of assets: suitable for infrastructure assets with transferable ownership such as