) For the next financial year ending 31 January 2022 (“FY2021/22”), INGRS is looking for a promising improvement in automotive industry. In general, from the forecast released by automotive association

)(b), the following information must be presented and disclosed in the mutual fund management scheme and prospectus: (a) the projection of incomes and expenses of the mutual fund which includes the

, including details on forecast and risks which may cause the return or the fund’s performance to be different from estimated; and 2. projection of rental income which is certified by a property valuer approved

understand, including details on forecast and risks which may cause the return or the fund’s performance to be different from estimated; and 2. projection of rental income which is certified by a property

advertisement for specified property fund referred to in (1)(b), the following information shall be presented and disclosed in the mutual fund management scheme and prospectus: (a) the projection of incomes and

easy to understand, including details on forecast and risks which may cause the return or the fund’s performance to be different from estimated; and 2. projection of rental income which is certified by a

is clear and easy to understand, including details on forecast and risks which may cause the return or the fund’s performance to be different from estimated; and 2. projection of rental income which is

distributions, including amounts and frequency, are not guaranteed and are subject to the discretion of the Fund. Past dividends declared are not a forecast or projection of future distributions. The preceding

. Most of the respondents expressed agreement with the principle proposed.Therefore, SEC has drafted a notification requiring asset management companies and trust managers which make a projection of

false or misleading information: elements of crime will be extended to cover more persons and wrongful acts and offences related to imparting or dissemination of projection by using distorted information