Exclusion of Credit Rating Agency Business from Securities Business in the Category of Securities Investment Advisory

The Exclusion of Investment Management for Private Equity Firm from Securities Business in the Category of Private Fund Management

Exclusion of Credit Rating Agency Business from Securities Business in the Category of Securities Investment Advisory (Codified KorChor 16/2558)

limiting the reviewing scope by the PLE management and not complying with the generally accepted accounting principles. Moreover, the exclusion of Techner?s interim financial statements from those of

or a 5% rise over previous quarter, as employer realizes the benefits that its employees will receive from diversifying investment policies. ?Provident funds with employee?s choice continually gain

% of total sales, a decrease from the ratio of 19.2% in the corresponding period last year. Such increases in expenses was largely due to a rise in administrative expenses while the selling expenses

corresponding period last year. This was largely due to a rise in administrative expenses and, partially, an increase in the selling expenses of the domestic business aligning to the activities’ timeline. Whereas

31.5% in the corresponding period last year. the rise in gross profits were achieved by both sale growth and improved gross profit margins mentioned above. The improvement in gross profit margins were

(chronic) in precipitation, temperature and increased variability in weather patterns (e.g., sea level rise). Climate-related risks can also be associated with the transition to a lower-carbon global economy

Category of Investment Advisory Service   25/02/2016 01/04/2016 5. Notification of the Securities and Exchange Commission  KorChor 1/2555 Exclusion of Credit Rating Agency Business from Securities