Can anyone translate this article into Chinese for me?
Under the amended Reit Act, debt financing and bond issues will be allowed up to twice the amount of the net equity of the company. Right of first refusal to sell shares In CR-Reits, shareholders who oppose the extension of the holding period under the articles of incorporation are granted the right of first refusal to sell shares. Under the amended Reit Act, that right of first refusal will be granted for all types of Reits, if there is an issuance of new shares following an in-kind contribution, or if the Reit is subject to a merger or acquisition. Shareholding limits To give increased flexibility to shareholders, the holding limit of 10% of outstanding shares per person for K-Reits will be increased to 30%. There will be no change for CR-Reits as shareholders in CR-Reits have not been subjected to any restrictions with respect to the number of shares. Asset portfolio requirements Under the Reit Act, a Reit has to meet certain requirements regarding asset composition at the close of each quarter: (i) at least 70% of the total assets must be invested in real estate; and (ii) at least 90% of the total assets must consist of real estate, real estate related securities and cash. Under the amended Reit Act, this will be relaxed so that: (i) at least 70% of the total assets must be invested in real estate; and (ii) at least 80% of the total assets must consist of real estate, real estate related securities and cash. However, for CR-Reits, only the first requirement applies. Income deduction for dividends According to the amended CTL, Paper Company Reits will receive the same tax benefits as CR-Reits with respect to the deduction on distributed dividends for corporate income tax purpose, given that they distribute 90% or more of their distributable income. Registration and acquisition taxes Before 2003, under the TILL, there was a 100% exemption on registration and acquisition taxes for CR-Reits regarding the real property acquired by CR-Reits, while other types of Reits received only a 50% reduction. However, towards the end of 2003 and in accordance with the amendment to the TILL, the 100% exemption enjoyed by CR-Reits was also reduced to 50%, which is equal to the rate applied to other types of Reits.
Public Comments
- cannot do it myself but many sites on internet will do it for you not all are free but if you keep looking you will find if i have time later i will search for you and give you some links
- face it, no one can i know some. lets see, i only know fuken numbers 1-99.u may want mandarin 1-it 2-ng(12,22,32,etc..etc..etc..u say di) 3-sa 4-si 5-go 6-lak 7-tsit 8-pwe 9-kao 10-tsap when youre gonna count 11-19, start with tsap ex tsap-go=15 when youre gonna count 20-99 start with the fuken number on the left side ex di-tsap-kao=29 so, thats all i got
