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Article NO. Content

Title:

Regulations Governing the Offering and Issuance of Securities by Securities Issuers  CH

Amended Date: 2025.05.05 
Article 32 From the end of a designated period of time following the issuance date of convertible corporate bonds until 10 days before the maturity date, the bondholder may request for conversion at any time in accordance with the procedures of conversion set by the issuer, except during a statutory book closure period.<br/>The restriction of the preceding paragraph prohibiting conversion during a statutory book closure period does not include the book closure periods for regular shareholders' meetings and special shareholders' meetings.<br/>The provisions of the preceding paragraph also apply to convertible corporate bonds issued before 1 July 2025.<br/>The designated period of time referred to in paragraph 1 shall be set by the issuer in its procedures for conversion.<br/>Convertible corporate bonds issued by an exchange-listed, OTC-listed, or emerging stock company are not subject to the restriction of paragraph 1 that conversion may not be made during the 10 days before the maturity date.