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Article 12
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The phrase "has been effected " as used in Article 9, paragraph 1, subparagraph 5 of the Rules shall mean that the company has already obtained a letter from the Ministry of Economic Affairs approving the amendment of its company registration, as determined on the basis of the date of the letter of approval. The term "is being effected" [as used in the same subparagraph] shall mean that the company has already applied to the competent authority in charge of securities and the application has been accepted for processing but the company has not yet obtained a letter of approval for amendment [of its company registration], and shall also apply to any cash capital increase connected with a public sale effected prior to the [application for] a listing on the TWSE. The term "capital increase through a new share issue" [as used in the same subparagraph] is a general reference to any issue of new stock for the purposes of a cash capital increase, a capital increase in connection with merger, capital increase out of unappropriated earnings, and capital increase out of capital reserves.
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