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Amendments

Title:

Taiwan Stock Exchange Corporation Regulations Governing Alteration of Trading Method and Suspension of Trading of Listed Securities  CH

Amended Date: 2021.03.31 
Categories: Securities Exchange Market > Trading > Securities Transaction

Title: Taiwan Stock Exchange Corporation Regulations Governing Alteration of Trading Method and Suspension of Trading of Listed Securities(2020.05.05)
Date:
Article 5     If circumstances of suspension of trading are under the Operating Rules or other provisions of the TWSE where trading of the listed securities of a listed company, the TWSE will make a public announcement after confirmation of the fact, and such trading will be suspended from the second business day after the date of public announcement. However, this provision apply under the following circumstances: the TWSE will, on the earliest of the date it learns of the event, the date it receives notification of the court ruling prohibiting the transfer of shares, and the date of disclosure of material information of the listed company, publicly announce the suspension of trading of the company's securities commencing from the business day following the date of such public announcement:
  1. Article 50, paragraph 1, subparagraph 2; or Article 50-3, paragraph 7, subparagraph 1 or 2;
  2. Article 50, paragraph 1, subparagraph 18; or Article 50-3, paragraph 1, subparagraph 15, or paragraph 7, subparagraph 3, if the TWSE deems necessary.
    If circumstances of suspension of trading are under Article 50-2, paragraph 6 of the Operating Rules of the TWSE where trading of the close-end funds, exchange-traded funds, or offshore exchange-traded funds, the TWSE will make a public announcement after confirmation of the above circumstance, and trading of their beneficial certificates will be suspended from the next opening of the market trading day immediately after the date of public announcement.
Article 6     If, after the TWSE publicly announces the suspension of trading of the securities of a listed company under any of the circumstances in the first paragraph of the preceding article, the circumstances warranting the suspension improve prior to the implementation date, a public announcement of exemption will be made, and the matter will be reported to the competent authority for recordation.
Article 7     If, after trading of the listed securities is suspended, circumstances under the Operating Rules or other provisions of the TWSE where such trading may be resumed apply, the procedures governing the public announcement to be made by the TWSE of the resumption are governed by Article 5.