offeror or a digital asset business for a period not exceeding 10 years or; (5) a reimbursement of investigative expenses incurred by the SEC. In any case, the Civil Sanction Committee shall determine a
years; (3) a bar from serving as a director or executive in a listed company or a securities company for up to 10 years; and ( 4) a reimbursement of investigative expenses incurred by the SEC. A
under Clause 3(5) and (6); (3) be able to show that its working capital will be sufficient to cover its projected expenses incurred in connection with business operation as specified in the SEC’s
working capital will be sufficient to cover its projected expenses incurred in connection with business operation as specified in the SEC’s Notification; and (4) have shareholder holding exceeding ten
/ embedded derivatives* /securitization. REIT assets can be collateralized. Encumbrances incurred in other cases shall only be for a normal commercial practice in that business or transactions. Lending to