| Title： |
Taiwan Stock Exchange Corporation Procedures for Review of Securities Listings(2003.05.28) |
| Date： |
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16
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Documentary Review
(1) The responsible personnel shall draft a formal review report and proposal (Attachment 11) with respect to the complete review findings and submit it to the Review Committee for consideration.
(2) Where the responsible department's inspection finds an applicant company to fall under any of the conditions set forth in Article 9, Paragraph 1 of this Corporation's Criteria for the Review of Securities Listings or to violate any other applicable provisions of the same Criteria, it shall give an explicit review opinion in the review report that either disagrees to listing or, except in cases where the applicant company falls under any of the conditions set forth in Article 9, Paragraph 1, Subparagraphs 10, 12, and 13 of the Criteria or is in violation of the provisions of Article 18 or Article 19 of the Criteria, may agree to listing after overall consideration of the totality of factors.
(3) The review findings report, proposal information, and applicant company's certified public accountant's audit report (including financial report) to be submitted for review by the Review Committee pursuant to Paragraph 1 shall be sealed by chop as confidential and submitted to each Review Committee member for evaluation no less than five days prior to the convening of the Review Committee. Each Review Committee member shall complete a review opinion chart listing their opinions regarding each item and specifying any questions they may have and submit the review opinion chart to the Listing Department two days before the Review Committee convenes. The Listing Department shall designate a person to be responsible for compiling the all materials and maintaining appropriate confidentiality, and the materials shall be reviewed when the Review Committee convenes. The meeting sequence and order in which cases submitted during a given month shall be reviewed shall in principle be based on the serial number assigned to each listing application in the order they are received.
(4) This Corporation shall, beginning three days prior to the convening of the Review Committee and at a specified location, make available for inspection by any member of the Review Committee the applicant company's relevant listing information, the responsible personnel's audit report working papers, the certified public accountant's audit report working papers, the underwriter's assessment working papers and guidance plan; data submitted monthly during the guidance period regarding the listing progress and performance of the guided stock, and data from the Listing Department's sample checks of the underwriter's guidance of the applicant company. Review committee members that so require shall appear in person to inspect the documents.
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