ESOP (the difference is that EJIP is based on existing shares, whereas ESOP involves issuing new shares for capital increase) Principles Creates returns to directors or employees Application of
SPO is not more than 25 per cent of paid-up capital. The company which will submit the application in accordance with the fast track rule must meet the prescribed criteria, for instance, during the
the public. A listed company must use proceeds from the approved offering of shares in accordance with the objectives of the capital increase indicated in the notice calling shareholders' meeting. A
ownership of the business. Positive gains of the company will also benefit the shareholders. However, the capital increase may cause a dilution effect on shareholders. Therefore, supervision of the program
; 2) The increases shall not make the total investment unit value exceed the registered scheme capital (calculation based on the par value); 3) An additional offering of investment units to increase
scheme capital (calculation based on the par value); 3) An additional offering of investment units to increase the scheme capital can be made after the change in the scheme capital has been registered
: increasing the scheme capital is permissible if the increase and the procedural steps are clearly specified in the scheme. Filing an application Methods in applying for approval of establishment of mutual
: increasing the scheme capital is permissible if the increase and the procedural steps are clearly specified in the scheme. Filing an application Methods in applying for approval of establishment of mutual
increase authorized share capital shall be announced on the day of selling the investment units. 6.2 Open-end funds (1) Calculate the NAV and investment unit value at the end of every business day. (2
investment unit value as of the business day before selling the investment units to increase authorized share capital shall be announced on the day of selling the investment units. 6.2 Open-end funds (1