(ESOP) is a tool to create motivation for personnel of the company to work effectively to promote the growth of the company by providing opportunity for directors and employee to take part in the
increase and such resolution has been obtained for less than one year until the date of application. 1.4 In case of a listed company, the company must not be in the process of pending the submission of or
) (1) A mutual fund having the investment policy in money market funds which specify constant offering and repurchase prices all the time, or MMF constant NAV, shall not file for automatic approval of
, provided that: 1) The dividend payment must not increase the mutual fund's retained loss in that accounting period. 2) Dividend payment by issuing investment units to unitholders is prohibited. Retained
ESOP (the difference is that EJIP is based on existing shares, whereas ESOP involves issuing new shares for capital increase) Principles Creates returns to directors or employees Application of
; 2) The increases shall not make the total investment unit value exceed the registered scheme capital (calculation based on the par value); 3) An additional offering of investment units to increase
30% of retained earnings or net profit in that accounting period, whichever amount is lower. The dividend payment shall not increase the fund's retained loss in the same accounting period of that
the accounting periods that the mutual fund have retained earnings or net profit, provided that: 1) The dividend payment must not increase the mutual fund's retained loss in that accounting period. 2
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