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FSC unveils new fundraising rules - Taipei Times

Relaxed rules would permit listed companies with paid-in capital of more than NT$2 billion (US$71.59 million) to shorten their fundraising by offering new shares in the first quarter of next year at the earliest, the Financial Supervisory Commission (FSC) said yesterday.
The commission announced its amendments to the Regulations Governing the Offering and Issuance of Securities by Foreign Issuers (外國發行人募集與發行有價證券處理準則). The changes are expected to take effect in 60 days if there are no objections, the commission told a news conference.
The relaxed rules would benefit 1,245 firms, or 70 percent of all listed firms, it said.
The amendments are the FSC’s latest ....

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