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Refer to A15.1() of Law on Securities 2019 to answer Question 8. Article 15, Clause 1, Point ): Prior to the time of the IPO
Refer to A15.1() of Law on Securities 2019 to answer Question 8. Article 15, Clause 1, Point ): Prior to the time of the IPO of shares by the issuing organization, major shareholders must undertake to jointly hold at least 20% of the charter capital of the issuing organization for at least one year from the date of completion of the offer tranche.? Question 8: What is the purpose of this point? (0.5 points)
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