possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
the effects on shareholders: In case of a possible high dilution effect: Means the number of shares being offered is > five percent of paid-up shares at the date of the decision of the shareholders
Before the initial public offering (IPO) (1) The mutual fund obtaining a normal approval for fund establishment may amend the scheme; (2) The mutual fund obtaining an auto-approval are not allowed
? A: By acting or not acting as ordered in possible contravention of the securities laws, the company secretary may be considered a co-principal or an aider to an offence under such laws. Preparing
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
establishment of mutual fund (1) Applying for normal approval The mutual fund management company shall submit an application for approval of the establishment of a mutual fund together with all required