laws and has qualifications in accordance with the criteria for approval to sell shares. A warrant must contain the following details: Terms of a warrant: Having a definite term of not more than ten

integrity. The SEC also oversees regulatory compliance and enforces the governing laws to ensure that the capital market will be developed toward sustainable growth and generate positive impacts on the

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