On 30 January 2024, TAI FSC issued order on finalizing substantial shareholding amendment to regulations.

• TAI EXC also published the amended regulations into database on the same day.
• The substantial shareholding amendments are effective from 10 May 2024.

Amendments

• Aims to lower the reporting threshold for substantial shareholdings from 10% to 5%.
• Substantial shareholders will be able to submit their reports through file uploads on the market observation post system (MOPS), to effectively complete the reporting process.
• Government-managed retirement, insurance funds will be subject to special regime, with semi-annual reporting deadlines within 10 days for initial/subsequent changes.
• Substantial shareholders with 5% to 10% shares of publicly traded company's total issued shares before implementation date must report within 10 days after the new rules take effect.