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Article 8
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If an acquirer that is a pension or insurance fund managed by the government, on the shareholding calculation base date (the "base date"), has acquired more than 5 percent of the total issued shares of any public company, it shall, within 10 days from the base date, file a declaration with the Competent Authority of the information required to be declared under Article 6, paragraph 1, subparagraphs 1 to 5, 7, and 8, and within 8 days from the base date, shall deliver the information required to be declared to the acquiree company, and the acquiree company shall then transmit the information to the MOPS on behalf of the acquirer within 2 days from the day of receiving the information, to complete the declaration and public disclosure.<br/>"Base date" in these Regulations means 30 June and 31 December of every year.
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