contract in a different manner from their normal practice while know or possessing inside information (Section 244) (1) Holder of securities exceeding five percent of the securities issuing company's
structure A REIT is not a juristic person, but a pool of assets owned by a trustee. A trustee is entrusted with powers to oversee and administer assets of the trust in interests of the unitholders, who are
, “corruption” comes from the Latin word, “ corruptio ,” which has different meanings depending on the user’s objective. Basically, it may be applied to moral, political, economic views (Magavilla, 2012
The chairman of the board should be an independent director. 3.2.2 The chairman’s roles and responsibilities are different from those of the chief executive officer. The board should clearly define the
under its responsibility Ensure that units offered for sale exclusively for high net worth investors are not allocated to retail investors Oversee to ensure that the trust is not becoming a private trust
. A trustee's main duties are to: oversee that the trust instrument is established in conformity with relevant laws; appoint a trust manager; prepare a trust property account in segregation from a