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Where any listed company is found to have any event set forth in any of the Items of Paragraph 1 of Article 50 of the Operating Rules of the TWSE, the matter will be handled by the TWSE in accordance with the following procedures:
- Where a listed company fails to make a public announcement of its financial statements within the time limit set forth in Article 36 of the Securities and Exchange Act in violation of Item (1), the TWSE will, within three (3) business days following the expiry of the said time limit, publicly announce the suspension of the trading of securities of said listed company commencing from the second business day following the date of such public announcement and report the matter to the Competent Authority for recordation.
- Where the event set forth in Item (2) applies to a listed company, the TWSE shall, on the date it learns of the event, or the date it receives notification of the court ruling prohibiting the transfer of shares, or the date of the disclosure of this material information of the listed company (whichever date is earlier), first proceed to publicly announce the suspension of the trading of the company's securities commencing from the business day following the date of such public announcement, and shall report the circumstances of the suspension of trading and the public announcement to the competent authority for recordation.
- Where any of events set forth in Item (3), (4) or (5) applies to a listed company, the TWSE will, if the listed company fails to correct or improve within the time limit, , publicly announce the suspension of trading of its securities commencing from the second business day following the date of such public announcement and report the matter to the Competent Authority for recordation within three (3) business days following the expiry of the time limit.
- Where any of the events set forth in Item (6) or (7) applies to a listed company, the TWSE will, within three (3) business days following the date on which the occurrence of such event has been verified by the TWSE, publicly announce the suspension of trading of its securities commencing from the second business day following the date of such public announcement and report the matter to the Competent Authority for recordation.
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