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53-17
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Where a TWSE listed company, TWSE primary listed company, or such company and another company(ies), converts its shares into shares of a company that is not TWSE listed pursuant to Article 34 of the Business Mergers and Acquisitions Act and become that existing company's wholly-owned subsidiary, the TWSE listed company shall file an application with relevant documentation to the TWSE no later than 30 business days before the share conversion record date; after the TWSE has reviewed the application for compliance with applicable regulations, trading of its securities shall be suspended beginning 2 business days before (but non-inclusive of) the book closure date, and shall be delisted beginning from the record date of the share conversion. The termination of the Agreement for Listing of the securities of the original TWSE listed company shall be reported by the TWSE to the Competent Authority for recordation.
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