TWSE, TPEx to launch two new trading boardsBy Kao Shih-ching / Staff reporterThe Taiwan Stock Exchange (TWSE) and the Taipei Exchange (TPEx) are to launch two new trading boards in July at the earliest to help local and foreign start-ups, as well as biotech companies with great potential, raise capital and gain public awareness, the Financial Supervisory Commission (FSC) said yesterday. From left, Securities a nd Futures Bureau Deputy Director Sam Chang, Financial Supervisory Commission chairman Thomas Huang and Taiwan Stock Exchange president Chien Lih-chung attend a news conference in New Taipei City yesterday. STRATEGIC BOARDThe TPEX is to launch its Strategic Board, with companies allowed to apply to list if they receive recommendations from two securities brokers, TPEX chief executive officer Edith Lee (李愛玲) said. Securities brokers would be punished by the TPEX if they help applicants hide information or give false statements in a public prospectus, Lee said. The FSC aims to have 10 companies listed on each of the two boards within a year of their launches, Chang said.

Source: Taipei Times December 03, 2020 15:56 UTC