Taiwan Stock Exchange may ease rules to attract more listings - report |
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Thu, 18 Oct 2007 00:54
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TAIPEI (XFN-ASIA) - The Taiwan Stock Exchange is considering allowing foreign companies, including those registered in Bermuda and the Cayman Islands, to base their primary listings here, the Commercial Times reported, citing exchange president Su Song-chin.It is also considering easing rules for companies seeking listings via Taiwan Depositary Receipt issues.Current rules allow companies listed in 18 foreign exchanges, including the US, UK and Japan, to issue TDRs. The exchange is now considering adding Hong Kong, Vietnam and other markets to the list, the report said.adela.lin@afxasia.com-xfnal/xfntmCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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