% of the total asset of the trust. Investments in real estate abroad is permissible. * the trustee may manage itself or assigns other persons to manage this portion of other assets. Due diligence
Content Business Operator A Settlor of an Infrastructure Trust A settlor (after settling of a trust will manage the trust, thereby called a trust manager) assumes crucial roles starting from
fair shareholding structure; Directors, executives and major shareholders do not have conflict of interests or there are adequate measures to manage conflicts of interest; There is no reason to doubt
Infrastructure Trust Regulatory Summary Related Rules/Regulations Related Forms A trustee is a person acquiring a transfer of right over a property from a trust manager to manage the property for the
) have measure to control and manage risks associated with business operation; (4) have effective measure on internal control with respect to business operation; (5) have operational system promptly for
) have measure to control and manage risks associated with business operation; (4) have effective measure on internal control with respect to business operation; (5) have operational system promptly for
platform. The advisory process should be carried out based on theoretical principles and include measures to manage conflicts of interest effectively. 5. Clearly segregating the unit of trading function
platform. The advisory process should be carried out based on theoretical principles and include measures to manage conflicts of interest effectively. 5. Clearly segregating the unit of trading function
Shareholders' Meeting Be delivered 14 days in advance of the meeting Contains sufficient information, at least on the following matter: The objectives The necessity for offering to sell at a discount The
than the ceiling rate for < 5%, the company shall notify the unitholders at least 60 days in advance of the collection before the effective date. (2) H igher than the ceiling rate for over 5%, the co