Under the previous classification criteria of non-listed company, the non-listed Company which is: (i) a public sector company as defined in the Act; or (ii) a public utility or similar company carrying on the business of essential public service; or (iii) holding assets in a fiduciary capacity for a broad group of outsiders, such as a bank, insurance company, securities broker/dealer, pension fund, mutual fund or investment banking entity, (iv) having such number of members holding ordinary shares as may be notified; or (v) holding assets exceeding such value as may be notified.