projects which have not yet generated commercial revenue. Investments in infrastructure assets Three Types of qualified investments are: direct investment through obtaining ownership of assets
Board on October 1, 2007. It has been reviewed periodically since then to ensure appropriateness, topical consistency and compliance with relevant laws. The SEC Code of Governance imposed on board members
company Regulatory Summary Objectives EJIP is a program which creates returns for directors and employees to create motivation to work and build the sense of ownership of the company. It is similar to
. Investments in infrastructure assets Three Types of qualified investments are: direct investment through obtaining ownership of assets: suitable for infrastructure assets with transferable ownership such as
deemed appropriate: direct investment with ownership in the assets: suitable for infrastructure assets with transferable ownership such as infrastructure of private entities; investment in income
estate as REIT's assets are permissible under the following two cases: purchasing real estate and acquiring the ownership of the property (freehold); investing in leasehold contracts. The REIT will lease
inconsistent with the normal market condition. (Section 244/4) 1. Purchasing or selling securities in such a way that does not involve a change of beneficial ownership of such securities; 2. Placing a
ownership of the business. Positive gains of the company will also benefit the shareholders. However, the capital increase may cause a dilution effect on shareholders. Therefore, supervision of the program