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Important Measures

Announcement of the interpretive order for Paragraph 14 of Article 27 of the Business Mergers and Acquisitions Act

2019-11-07
After the announcement of the Regulations Governing the Declaration on Acquisition of Shares in Accordance with Paragraph 1, Article 43-1 of the Securities and Exchange Act on October 7, 2019, the FSC announced the aforementioned interpretive order on October 9, 2019. It stipulates that the particulars required for reporting for the purpose of the merger and acquisition to acquire the shares of a public company according to Paragraph 14 of Article 27 of the Business Mergers and Acquisitions Act shall comply with the Regulations Governing the Declaration on Acquisition of Shares in Accordance with Paragraph 1 of Article 43-1 of the Securities and Exchange Act”, and the format of declaration form was amended according to the aforementioned Regulations.
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  • Update: 2019-11-07
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