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Article NO. Content


Supplementary Provisions to the Taiwan Stock Exchange Corporation Rules for Review of Securities Listings  CH

Amended Date: 2021.03.31 (Articles 1, 6-2, 17-1, 17-2, 22, 30, 31, 32 amended,English version coming soon)
Current English version amended on 2020.03.02 
Categories: Primary Market > Review
Article 8     The term "financial or business affairs are not independent from other person(s)" as used in Article 9, paragraph 1, subparagraph 2 of the Rules shall mean any of the circumstances below:
  1. Sources of capital are heavily concentrated in non-financial institutions.
  2. The applicant company has entered into contracts that severely limit its operations or that are patently unreasonable such that it creates an adverse influence on the company.
  3. The applicant company jointly shares a line of credit with another person in which its own credit utilization cannot be distinguished, provided that the sharing of a line of credit between a parent company and a subsidiary shall not be subject to this restriction.