Taiwan – FSC Shareholding Notification 5%

Taiwan – FSC Shareholding Notification 5%

On 4 May 2023, TAI PRL reported Securities and exchange act passing 3rd reading.

  • After the revision, no matter whether it is alone or in name of others/spouse/children with total substantial shareholding more than 5% shares of listed company, it must be disclosed.
  • Further disclosure is required for every 1% increase in shares of the listed company.