Legal Disclosure
Notice of Laws and Measures Pertaining to any person who acquires, either individually or jointly with other persons, more than 5 percent of the total issued shares of a public company
A. Any person who acquires, either individually or jointly with other persons, more than 5 percent of the total issued shares of a public company shall report such acquisition to the Competent Authority and make a public announcement; the same applies when there is any change in the specifics reported.
Notice of Laws and Measures Pertaining to Individual Parties or Aggregate Related Parties Holding Voting Shares Amounting to More Than 5%
A. The same person or same concerned party who singly, jointly or collectively acquires more than five percent (5%) of a financial holding company's outstanding voting shares, or such same person or same concerned party who subsequently increases or decreases their shareholding cumulatively by more than one percent (1%) shall report such fact to the competent authority within ten (10) days from the day of acquisition in accordance with these Instructions.
B. Individual party or aggregate related parties intend to hold more than 10%, 25% or 50% of the financial holding company's voting shares on a sole or joint basis, approval must be sought in advance from the competent authority.
Link
- Articles 43-1 of Securities and Exchange Act
- Regulations Governing the Declaration of Acquisition of Shares in Accordance with Article 43-1, Paragraph 1 of the Securities and Exchange Act
- Articles 4, 5, and 16 of the Financial Holding Companies Act
- Instructions for Reporting Voting Shares in Accordance with Paragraph 2, Article 16 of the Financial Holding Company Act
- Qualifications of a Same Person or Same Concerned Person who acquires shares representing more than certain percentage of the voting rights of the Financial Holding Company