| Title： |
Operational Procedures for the Review of Foreign Securities for Listing by the Taiwan Stock Exchange Corporation(2003.06.12) |
| Date： |
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A foreign issuer and its agent institution or depositary institution in the Republic of China applying to list stocks, Taiwan depositary receipts, or bonds it has issued shall, in accordance with the rules of this Corporation, fill out in full an Application for Market Listing of Taiwan Depositary Receipts, Application for Market Listing of Foreign Stocks, or Application for Market Listing of Foreign Bonds (Appendices 1 - 3), and submit them along with proper documentation to the personnel of the appropriate office of this Corporation for certification of receipt, whereupon, following registration and assignation of a case number, they shall be distributed to the undertaking units for processing. The undertaking units shall appoint specific employees to handle each application in sequence. Following distribution, the undertaking employee shall immediately acknowledge receipt of the application by signing the undertaking unit’s registration ledger, take appropriate custody of the application and supporting documents and notify the Competent Authority in writing.
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1. Where a foreign issuer and its agent or depositary institution apply for the listing of additional stock or Taiwan depositary receipts as a result of capital increase by cash and the rights and obligations of the holders of stock or Taiwan depositary receipts to be newly issued are identical with those of the stock or depositary receipts already listed, or where a foreign issuer participated with already-issued stock in the issuance of Taiwan depositary receipts to be market listed, this Corporation may, after examination of the Application (Report) for Additional Issuance of Foreign Stocks/Market Listing and Trading of Taiwan Depositary Receipts (Attached Charts 23 and 24), issue an approval document for listing, and after approval by the competent authority and completion of issuance, announce the listing thereof.
2. Where a foreign issuer and its agent or depositary institution apply for the listing of additional stock or Taiwan depositary receipts as a result of recapitalization and the rights and obligations of the holders of stock or Taiwan depositary receipts to be newly issued are identical with those of the stock or depositary receipts already listed, this Corporation will, after having examined the Application (Report) for Additional Issuance of Foreign Stocks/Market Listing and Trading of Taiwan Depositary Receipts (Attached Charts 23 and 24), publicly announce the listing thereof.
Where a foreign issuer and its depositary institution apply for the reissuance and listing within the amount of the original issuance of those Taiwan depositary receipts which are reported on a monthly basis to have been previously redeemed and which carry the same rights and obligations as those of the Taiwan depositary receipts already listed, the undertaking employee shall, upon receipt of the submitted “Monthly Chart of the Distribution and Redemption of Taiwan Depositary Receipts” (Attached Chart 25) publicly announce the listing in accordance with the provisions of Article 28, paragraph 2 of this Corporation’s “Criteria for the Review of Securities Listings.
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