Regulations Governing Public Tender Offers for Real Estate Investment Trust Beneficiary Securities Article 4

The term "tenderer" as used in these Regulations means a person that intends to sell real estate investment trust beneficiary securities that are to be acquired in the tender offer and that are held by the tenderer.
中文原文 公開收購不動產投資信託受益證券管理辦法第4條
本辦法所稱應賣人係指擬讓售其持有被收購不動產投資信託受益證券之人。

English translation for reference only; the Chinese text prevails. Not legal advice.