[Finance] Conditions Relaxed for Taiwan Listing by Foreign Technology Enterprises

The Financial Supervisory Commission has lowered the threshold for first listing on Taiwan’s stock and over-the-counter markets by foreign technology enterprises, effective January 17, 2009, as a means of attracting more overseas high-tech enterprises to list in Taiwan. Foreign companies that have obtained recognition as high-tech enterprises by specialized agencies commissioned by the Industrial Development Bureau or the Taiwan Stock Exchange, and that have capitalization or shareholder equity of at least NT$300 million or a market value of NT$800 million or more, can now apply for a new listing in Taiwan.