being major shareholder of securities company. Clause 9 Where it is evident that any securities company has major shareholder not approved either by disqualified characters in accordance with Clause 4
have done favours which clearly benefit the company, such as customer, supplier, etc. The process of allocation of shares to sponsors The board of directors specifies the nature of favours The board of
: Step1: Analyzing stakeholders - Internal stakeholders, e.g. shareholders, employees - Directly relevant parties, e.g. customer, suppliers, competitors - Indirectly relevant parties, e.g., government
law and standards, considering impact on health, safety of products and services, customer information security, sales conduct, after-sales service throughout the lifespan of products and services, and