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Press Release

The Advance Notice Procedure of the Draft Amendment to Articles 2, 5 and 6 of the “Regulations Governing the Content and Compliance Requirements for Shareholders Meeting Agenda Handbooks of Public Companies” has been Completed and the Amendment will be Published Soon

2021-12-09
In line with the promotion of the "Corporate Governance 3.0 - Blueprint for Sustainable Development" to strengthen the operations of the shareholders' meetings of TWSE- and TPEx-listed companies ,to facilitate investors’ early awareness of the proposals of the shareholders' meetings, allow investors to have sufficient time to understand such proposals and encourage shareholders to participate in the shareholders' meetings and exercise their rights, the FSC has amended Articles 2, 5 and 6 of the “Regulations Governing Content and Compliance Requirements for Shareholders' Meeting Agenda Handbooks of Public Companies” to require TWSE- and TPEx- listed companies to bring forward the reporting time of the shareholders' meeting agenda handbook. As the advance notice period of the draft amendment has expired, the FSC will release the amendment for implementation soon.
The main content of the amendment is that if the paid-in capital of a TWSE- and TPEx- listed company reaches NT$10 billion at the end of the most recent fiscal year or if the total shareholdings ratio of both foreign capital and mainland Chinese capital recorded in the shareholders' registry reaches 30% in the most recent fiscal year, the electronic files of the shareholders' meeting agenda handbook and relevant supplementary meeting information shall be uploaded to  Market Observation Post System website 30 days before the shareholders' meeting.

Contact unit:    Section Chief Chung-Cheng Chen, Securities Trading Division, Securities and Futures Bureau
Tel: (02) 2774-7310
If you have any questions, please write to: FSCMAIL
 
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  • Update: 2022-01-24
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