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Relevant Laws

Title:Regulations Governing the Offering and Issuance of Securities by Foreign Issuers (2023.12.29)
Article 9-1     When a foreign issuer files for a case listed below, the FSC may engage the TWSE or the TPEx to handle case:
  1. A foreign issuer filing for a case under Article 5, paragraph 1, subparagraph 2 or 7, or Article 58, paragraph 1.
  2. Case in which a primary exchange (or OTC) listed company files for issuance of new shares in connection with a merger, or issuance of new shares in connection with receiving transfer of shares of another company, or issuance of new shares in connection with an acquisition or demerger conducted in accordance with related laws, or the retroactive handling of public issuance procedures for privately placed securities, or capital reduction.
    When the TWSE or the TPEx is engaged by the FSC to handle a case under the preceding paragraph, if, after effective registration, any circumstance is discovered under which the effective registration is voidable or revocable under these Regulations, the FSC may order the engaged institution to void or revoke the effective registration.
Article 59-2     Under any of the following circumstances, the FSC may engage the TWSE or TPEx to handle matters in connection with suspension of the public issuance of the stock of a foreign issuer:
  1. In the case of a primary exchange listed company, the stock is delisted from the TWSE.
  2. In the case of a primary OTC listed company, the OTC trading of the stock is terminated by the TPEx for reasons other than for purposes of listing on the TWSE.
  3. In the case of an emerging stock company, the OTC trading of the stock is terminated by the TPEx for reasons other than for purposes of listing on the TWSE or the TPEx.