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Taiwan Stock Exchange Corporation Regulations Governing Trading of Foreign Stocks(2008.06.26) |
| Date： |
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Article 2
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Foreign stocks which are issued by a foreign issuer in accordance with the Guidelines for the Handling Offering and Issuance of Securities by Foreign Issuers and which are approved by this Corporation for a primary or a secondary listing after application in accordance with this Corporation's Rules Governing Review of Securities Listings may be traded on the stock exchange of this Corporation.
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Article 6
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The trading unit for a primary listing of a foreign stock shall be 1000 shares. The trading unit for a secondary listing of a foreign stock shall be identical with that of the foreign stocks originally traded on the [foreign] stock exchange.
The volume quoted for purchase or sale of a foreign stock shall be one trading unit or a multiple thereof; volumes of less than one trading unit shall be traded in accordance with the Regulations Governing the Trading of Odd-Lot Shares.
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Article 8
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The provisions of this Article 63 of Corporation's Operating Rules shall apply mutatis mutandis with respect to the upper and lower limits of the allowable range for daily price fluctuation of a foreign stock with a primary listing. Unless otherwise prescribed by the Competent Authority, there shall not be any limitation on the upper and lower limits of the allowable range for daily price fluctuation of foreign stocks with a secondary listing.
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Article 9
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A foreign stock with a primary listing whose settlement takes place after a suspension of changes to entries in the shareholders' register (i.e., a book closure date) due to the setting of a date of record for distribution of rights in accordance with the market regulations of this Corporation for the distribution of dividends, bonuses, or other interests shall be ex-dividend or ex-rights transactions, and the allowable range of price fluctuation from the commencement date of ex-dividend or ex-rights trading shall be calculated by mutatis mutandis application of the relevant provisions of this Corporation's Operating Rules.
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Article 14
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The responsible institution designated by a foreign issuer shall deliver the following information to this Corporation:
(1) The most recent closing price on the stock exchange of its original listing for a foreign stock with a secondary listing in Taiwan shall be delivered to this Corporation one half-hour prior to the opening of this Corporation's centralized securities exchange market.
(2) The details concerning the distribution of capital interests (dividends), bonuses or other benefits of foreign stocks shall be delivered to this Corporation within twelve (12) business days after the date on which the same is determined, provided that in case the time limit is less than twelve (12) business days according to the laws and regulations [of its home country], such laws and regulations shall prevail.
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