Regulations Governing Public Tender Offers for Real Estate Investment Trust Beneficiary Securities Article 22

The public tender offeror shall provide an itemized written statement of the results of the tender to the trustee of the real estate investment trust fund on the expiry date of the public tender offer period set pursuant to Article 19. If there is any non-compliance of the real estate investment trust beneficiary securities obtained by the public tender offeror through the public tender offer with Article 8 of the Real Estate Securitization Regulations, the trustee shall notify the public tender offeror on the following day, to enable it to confirm the quantity tendered.The public tender offeror, within 2 days counting inclusively from the expiry date of the public tender offer period referred to in the preceding paragraph, shall file with the FSC and make a public announcement of the following:1. The public tender offeror's individual or entity name and domicile or location.2. The name of the acquired real estate investment trust fund.3. The public tender offer period.4. In cases where the tendered quantity reaching a predetermined purchase quantity was set as a purchase condition, whether the condition has been fulfilled.5. The quantity of securities tendered and the quantity actually transacted.6. The time, method, and place of payment of the consideration for the tendered securities.7. The settlement period, method, and place for the transacted beneficiary securities.The public tender offeror, on the date of public announcement pursuant to the preceding paragraph, shall provide respective notifications to the tenderers of matters related to the tender.