Taiwan Stock Exchange - Rules & Regulations Directory

Article NO. Content

Title:

Taiwan Stock Exchange Corporation Articles of Incorporation 

Amended Date: 2020.07.01 
Categories: Basic Laws and Regulations
Article 34-1
     At the end of fiscal year, the Corporation shall first compensate the accumulated losses with profits after tax, before contributing 10% of the remaining net profits as legal reserve as well as a certain percentage of the remaining net profits as special reserve determined by the competent authority in accordance with the Regulations Governing Stock Exchanges; further plans to allocate the remaining profits after tax, together with the retainednet profitsearlier at the beginning of the fiscal period and the remaining net profits of the current year shall be proposed and submitted by the Board to the shareholder's meeting for its resolution.

Interpretation:

Data Source:Taiwan Stock Exchange - Rules & Regulations Directory
twse-regulation.twse.com.tw