The Taiwan Monthly

Oct. 2022

Listed Companies and Initial Public Offerings

TWSE requires listed companies to establish the valuation procedures for releasing material information before December 31, 2022

In order to enhance the quality of material information disclosure of listed companies and ensure the timeliness, accuracy and completeness to protect shareholders' equity, the TWSE announced on July 7, 2022 to amend Article 3 of the “Procedures for Verification and Disclosure of Material Information of Companies with Listed Securities” to require listed companies to establish the “Procedures for Handling Material Inside Information” by December 31, 2022.

 

 In order to assist listed companies in establishing or amending the the aforementioned procedures efficiently, the TWSE has drawn up reference examples and design relevant forms for listed companies reference. Nevertheless, listed companies are advised to appropriately revise the procedures according to their own scales and practical operations, and firmly follow the prescribed procedures.

 

For further inquiries, please contact Ms.Feng at 0817@twse.com.tw.