[Industrial Policy] TWSE to Solicit Silicon Valley firms to list in Taiwan

[Industrial Policy] TWSE to Solicit Silicon Valley firms to list in Taiwan (Chinese Version)

Taipei Times (2010/11/28) & CNA (2010/11/27) Taiwan Stock Exchange Corp (TWSE) said yesterday the corporation's Chairman Chi SCHIVE will visit high-tech Silicon Valley firms to encourage them to list on the Taipei bourse.

SCHIVE will take part in a road show in Silicon Valley on Tuesday and Wednesday to brief companies about Taiwan’s capital market and regulations for listings, the exchange said.

The TWSE said the road trip would enhance mutual understanding between the exchange and the foreign firms.

The exchange is determined to help foreign share issuers resolve possible difficulties in fundraising in Taiwan and remove hurdles down the road for listings, in an attempt to boost Taiwan’s visibility in the global financial market, the TWSE said.

It said it is relaxing restrictions on listings by foreign enterprises to compete with its counterparts in the region to solicit foreign firms’ listings. It hopes Taiwan will serve as a tech-rich NASDAQ-like capital market in Asia.


Further Information:
Taipei Times 2010/11/28
CNA 2010/11/27

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National Science Council International Cooperation Sci-Tech Newsbrief
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