Price lower than market price Shareholders New investors (private placement) Dilution effect Access to information Require approval of the shareholders Self-preservation of rights/ general
business relationship, investment, or administration and management of the issuer, for example, customers, suppliers of raw materials, potential business partners of the issuer, the affiliated companies of
securities company shall allow any person to have control over its administration or management except for exercise of shareholder’s right in shareholder meeting or management under agreement approved by the