public. In addition, as the disadvantage of double taxation has been eliminated, PE trust will be more advantageous than PE company with more flexibility in repayment of capital. The offering of PE trust
example, an IPO to cornerstone investors must not contain any agreement or contract that would render material benefits specifically to cornerstone investors for the disadvantage of other subscribers. This
the VTE shareholders should not approve such contract transaction due to the project?s uncertainty. In addition, VTE would be at the disadvantage with regard to income of the plant construction payment