Company: GDHLF
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001410578-25-000935
Chunk: 240

Company: GDS Holdings Ltd
Filing Date: 2025-04-28
Form: 20-F
Item: Item 4
Chunk 240
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 measures equivalent to what is required for electricity retailers (e. g., provision of appropriate information, such as terms of the electricity supply agreement and procedures for termination of such agreement).

(b)Other Major Requirements

The major requirements under the EBA and relevant guidelines (other than the licensing requirements) are (i) Notice of Construction ( kouji keikaku todoke), (ii) filing of Safety Regulation ( hoan kitei) and (iii) Appointment of a Chief Electrical Engineer and/or Chief Boiler/Turbine Engineer.

Regulations under the Foreign Exchange and Foreign Trade Act (gaikoku Kawase oyobi gaikokuboeki ho)

1. Prior notification requirement

Under the Foreign Exchange and Foreign Trade Act of Japan (the “ FEFTA”), a “ Foreign Investor” which is defined to include not only an entry formed under a foreign law, but also any Japanese company if 50% or more of its voting rights are held directly or indirectly by an entity formed under a foreign law and contemplates an “ Inward Direct Investment etc. ” which is defined to include a variety of transactions and corporate actions including acquisition of shares or equity interests of a Japanese company listed on a Japanese stock exchange and acquisition of any number of shares or voting rights of a Japanese non-listed company in certain designated businesses (the “ Designated Businesses”) relating to national security is required to submit a prior notification, via the Bank of Japan, to the Minister of Finance and other ministers having jurisdictions over the businesses of the relevant issuer.

“Designated Businesses” are designated by the Minister of Finance and other ministers, and include a wide range of businesses which includes electricity and telecommunication business. It does not mean that all of telecommunication business and electricity business constitute the Designated Businesses. Rather, certain types of those business fall into the Designated Businesses.

2. Post-facto report requirement

Under the FEFTA, Foreign Investor who contemplates an Inward Direct Investment etc. is subject to a post-facto report requirement within 45 days in the following cases:

  (i)      When a Foreign Investor carries out an acquisition or disposal of shares or voting rights for which a prior notification was submitted;  

  (ii)      When a Foreign Investor carries out an acquisition of shares or voting rights of a listed or non-listed Japanese company for which the Foreign Investor relied on any exemption under the FEFTA; and  

  (iii)      When a Foreign Investor carries out an acquisition of shares, voting rights or equity securities of a listed