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Article 17
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The description of the status of mergers and acquisitions shall include the following items:
- The following particulars shall be disclosed for all merger or acquisition cases in process:
- Purpose of the merger or acquisition.
- Plan for integration of finances, business, personnel, and information following the merger or acquisition, and anticipated benefits.
- Share conversion rates and the basis upon which they were calculated.
- Proposed schedule for the merger.
- Matters related to the assumption of rights and obligations of the extinguished company (including principles for handling treasury shares and already-issued equity securities).
- The basic information of the company to be merged or acquired (including company name, principal lines of business, current products and their uses, or service items).
- The following particulars shall be disclosed for all split plans in process:
- Purpose of the split.
- Estimated value of the operations and assets planned to be assigned to the existing company or new company.
- Share conversion rates and the basis upon which they were calculated.
- Matters related to assumption by the existing company or new company of rights and obligations of the split company (including principles for handling treasury shares and already-issued equity securities).
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