On 17 February 2024, TAI TPEX published the amended regulations re declaration on acquisition of shares / substantial shareholding according to para 1 of article 43-1 of Securities and exchange act.

Amendments

• Aims to lower the reporting threshold for substantial shareholdings from 10% to 5%.
• Major 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.
• Major 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.

Effective: 10 May 2024