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53-28
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Within 2 years from the commencement date of TWSE (or Taipei Exchange) listed trading of securities of a transferee company of a demerger of a TWSE listed company pursuant to any of Articles 53-21, 53-22 and 53-23 herein, or to any of Articles 15-22, 15-23 and 15-24 of the GreTai Securities Market Rules Governing Securities Trading on the Taipei Exchange, any transferee company of any further demerger of the TWSE listed company may not apply for listing of its securities pursuant to Article 53-21 through Article 53-23.
Where a Taipei Exchange listed company carries out a demerger and the transferee company of the demerger applies for TWSE listing, the applicable provisions of the TWSE Regulations for the Review of Securities Listings and Procedures for the Review of Securities Listings shall be complied with.
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