independent director) Main duties of a Trust Settlor/Trust Manager Apply for approval of an offer for sale of units with the SEC Formulate strategies and operational plans of the trust Invest and seek
opinions to the securities holders of the business to be acquired if the tender offeror can fulfil the proposed plans, and if the proposal is justifiable. Not conspiring with the tender offeror in covering
within three business days and about action plans to be taken at the discretion of the mutual fund management company in the best interest of the unitholders. The remedial measures should be performed and