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
; - Purchasing securities from a person who filed a false registration statement and prospectus or purchasing investment units from an asset management company which offered for sale of investment units by
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
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
representative or the mutual fund supervisor fails to act in compliance with his or her power and duties; - Purchasing securities from a person who filed a false registration statement and prospectus or purchasing
assignment [of such particular person]. If such person is ranked below “the first four executive succeeding the manager [and every person holding the position equivalent to the fourth rank]" in more than one
unitholders in a particular class requires a resolution with majority or special resolution of units in that class. (4) In the case that a unit class is without any unitholders, the mutual fund management
unitholders in a particular class requires a resolution with majority or special resolution of units in that class. (4) In the case that a unit class is without any unitholders, the mutual fund management
. Regulations on issuing equity instruments are aimed at protecting the following group of investors: New investors purchasing securities – the company is required to have appropriate qualifications and disclose
Misconduct 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