authorization. Under the ARFP framework, efforts are made to unify the mutual entry processes for funds that are managed in accordance with the ARFP rules agreed upon among the relevant regulators of the

locally licensed or regulated distributors upon approval as an ARFP fund and host jurisdiction authorization. Under the ARFP framework, efforts are made to unify the mutual entry processes for funds that

upon approval as an ARFP fund and host jurisdiction authorization. Under the ARFP framework, efforts are made to unify the mutual entry processes for funds that are managed in accordance with the ARFP

subsidiary of the Company in which the Company currently holds 30.38 percent of its total issued shares. Therefore, the VGM Share Sale Transaction will help unify the Company’s media business in Malaysia with