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Article 8
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A domestic issuer applying for TPEx trading of its stock as a private institution participating in infrastructure shall furthermore comply with the following rules:
- The sentence: "Investors please note that the Company is a private institution participating in infrastructure, for which profitability is not a requirement for TPEx listing." shall be printed prominently on the front cover of the prospectus (supplementing the provisions under Article 3 of the Prospectus Regulations).
- The summary section in the prospectus (supplementing the provisions under Article 7 of the Prospectus Regulations) shall additionally list the technical shareholders, and the position titles, names, and shareholding ratios of the chief officers of units at all levels, the chief officers of technology and research and development, and the relevant technology and research and development personnel.
- The section on company organization (supplementing the provisions under Article 10 of the Prospectus Regulations) shall additionally list summaries of the qualifications and experience of the technology and research and development personnel.
- The section on capital and shares (supplementing the provisions under Article 11 of the Prospectus Regulations) shall additionally list the changes to shareholdings of the promoters, major shareholders, managers, and technology and research and development personnel.
- The section on special items to be included (supplementing the provisions under Article 31 of the Prospectus Regulations) shall additionally list the following matters:
- The process by which the government concession was awarded, and the legal and regulatory requirements relevant to the plan.
- A summary of important contract contents relevant to the plan.
- An introduction to, and the segregation of duties of, the principal shareholders and operator and evidence that they possess all technical capabilities, financial resources, and other necessary capabilities required by the concession contract
- A project construction plan and feasibility analysis.
- A construction period financial plan which shall include a cash flow forecast, and plans for capital increase, capital decrease, borrowing and repayment
- A construction period risk management plan.
- An operations plan and relevant assumptions.
- A construction period financial plan which shall include operating revenues, projected operating costs and profits, and projected financial statements, capital increase, capital decrease, borrowing and repayment plans for the first 5 years of the operations period, provided that this rule does not apply if the company is already in operation upon application for TPEx listing.
- Other special items that impact the completion or operations of each project.
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