The company's shares are freely transferable. and shares held by foreigners at any one time must not total more than 49 percent of the total number of shares sold. Which share transfer will cause the company's foreign shareholding ratio to exceed the ratio above? The company has the right to refuse to transfer shares of that company.

The transfer of company shares is complete when the transferor has endorsed the share certificate. Specify the name of the transferee and sign the names of the transferor and the transferee. and the said share certificate has been delivered to the transferee. Such transfer of shares will be valid against the company. Only when the company receives a request to register the transfer of shares. and can be used as evidence against outsiders once the company has registered the transfer of shares. When the company deems that the transfer of shares is legal The company must register the transfer of shares within 14 days From the date of receiving the request If the transfer of shares is not completely correct The company must notify the applicant within 7 days of the transfer of shares traded on the stock exchange. To be in accordance with the laws governing securities and the stock exchange.