Article NO. Content

Title:

Taiwan Stock Exchange Corporation Operating Procedures Governing the Split and Reverse Split of Exchange Traded Funds Beneficial Certificates 

Announced Date: 2021.04.01 
Categories: Securities Exchange Market > Trading > Beneficial Certificates
Article 4     The proposal mentioned in the preceding article shall expressly state the following:
  1. the ratio of the number of units of beneficial certificates subject to split or reverse split
  2. that the period of suspension of transfer of beneficial certificates is five days, of which the first, fourth, and fifth days shall be business days, and the second and third days shall be non-business days
  3. the period of suspension of application for redemption in the primary market and conversion in the secondary market, which shall be from the second business day prior to the date of suspension of transfer of beneficial certificates to the expiration of the transfer suspension period
  4. the period of suspension of trading of beneficial certificates on the market, which shall be from the second business day prior to the date of suspension of transfer of beneficial certificates to the expiration of the transfer suspension period
  5. the date of listing of new beneficial certificates for sale, which shall be the business day following the expiration of the period of suspension of transfer of beneficial certificates and be the same date as the record date for the issuance of new beneficial certificates for replacement and the termination date of the listing of beneficial certificates

Relevant Laws: