Following amendments to the Domestic Asset Requirement regulations, pension funds and life insurance companies are mandated to place 5 per cent of their assets and aggregate holding respectively in “valid investment destinations” including unlisted companies. Further, the percentage of dually listed shares which may form part of local assets, has been reduced from 35 per cent to 10 per cent. Pension funds and insurance companies have until 2010 to reduce excess dually listed shares in local assets in conformity with the law.