Regulations Governing Public Tender Offers for Securities of Public Companies Article 19
For purpose of these Regulations, the expression that "the conditions of the public tender offer have been achieved" means that by the expiration of the tender offer period the minimum number of shares for acquisition in the tender offer as set by the Offeror has been reached. If the public tender offer involves any matter that requires the approval of the FSC or other competent authority or that requires an effective registration, the approval shall have been obtained or the effective registration made.With respect to any of the following matters, the Offeror shall submit a regulatory filing with the FSC and make a public announcement, with a copy thereof to the mandated institution within 2 days counting inclusively from the date of occurrence of the fact:1. It has obtained approval or effective registration from another competent authority before the conditions of the public tender offer have been achieved.2. The conditions of the public tender offer have been achieved.3. The tender offer consideration has been transmitted to the mandated institution's segregated account for public tender offer.4. After the conditions of the public tender offer have been achieved, the number of securities tendered reaches the maximum number to be purchased.If, on the expiration day of the public tender offer period, the conditions of the public tender offer have not been achieved, or the number of securities tendered exceeds the number to be purchased, for the securities which have been deposited but not transacted, the Offeror shall, on the business day following the expiration of the public tender offer period, return to the Tenderer the securities deposited by the Tenderer.After the conditions of the public tender offer have been achieved, if the Offeror does not complete the payment by the time for payment of the tender offer consideration as specified in the prospectus, the tenderer may, without issuing any notice of payment due, terminate the contract at its sole discretion. The mandated institution shall, on the following business day, return to the tenderer the securities deposited by the tenderer. However, if the time to return the securities to the tenderer, as specified in the prospectus, is earlier than the time for payment of tender offer consideration, such stipulation shall govern.When a Tenderer applies to revoke its offer to sell, it shall do so in writing.A Tenderer may not revoke its offer to sell after the Offeror has made a public announcement under Paragraph 2, subparagraph 2, unless under any of the following circumstances:1. A circumstance set out in Article 7, Paragraph 2.2. The Offeror has submitted a regulatory filing with the FSC and made a public announcement of an extension of the public tender offer period pursuant to Article 18, Paragraph 2.3. The offer to sell is voidable under any other law.
中文原文 公開收購公開發行公司有價證券管理辦法第19條
本辦法所稱公開收購條件成就，係指公開收購期間屆滿前達公開收購人所定之最低收購數量。
本次公開收購如涉及須經本會或其他主管機關核准或申報生效之事項者，應取得核准或已生效。
公開收購人應就下列事項於事實發生之日起二日內，向本會申報並公告，並副知受委任機構：
一、本次公開收購條件成就前，其他主管機關已核准或申報生效。
二、本次公開收購條件成就。
三、本次收購對價已匯入受委任機構名下之公開收購專戶。
四、本次公開收購條件成就後，應賣有價證券數量達預定收購之最高數量。
公開收購期間屆滿日，公開收購條件未成就，或應賣有價證券數量超過預定收購數量，已交存但未成交之有價證券，公開收購人應於公開收購期間屆滿次一營業日，將應賣人交存之有價證券退還原應賣人。
公開收購條件成就後，公開收購人未於公開收購說明書記載之支付收購對價時間完成支付者，應賣人得不經催告，逕行解約，受委任機構並應於次一營業日，將應賣人交存之有價證券退還原應賣人。
但公開收購說明書載明較支付收購對價時間提早退還原應賣人者，從其約定。
應賣人申請撤銷應賣時，應以書面為之。
公開收購人依第二項第二款規定公告後，除有下列情事之一外，應賣人不得撤銷其應賣：
一、有第七條第二項規定之情事者。
二、公開收購人依第十八條第二項規定向本會申報並公告延長收購期間者。
三、其他法律規定得撤銷應賣者。
本次公開收購如涉及須經本會或其他主管機關核准或申報生效之事項者，應取得核准或已生效。
公開收購人應就下列事項於事實發生之日起二日內，向本會申報並公告，並副知受委任機構：
一、本次公開收購條件成就前，其他主管機關已核准或申報生效。
二、本次公開收購條件成就。
三、本次收購對價已匯入受委任機構名下之公開收購專戶。
四、本次公開收購條件成就後，應賣有價證券數量達預定收購之最高數量。
公開收購期間屆滿日，公開收購條件未成就，或應賣有價證券數量超過預定收購數量，已交存但未成交之有價證券，公開收購人應於公開收購期間屆滿次一營業日，將應賣人交存之有價證券退還原應賣人。
公開收購條件成就後，公開收購人未於公開收購說明書記載之支付收購對價時間完成支付者，應賣人得不經催告，逕行解約，受委任機構並應於次一營業日，將應賣人交存之有價證券退還原應賣人。
但公開收購說明書載明較支付收購對價時間提早退還原應賣人者，從其約定。
應賣人申請撤銷應賣時，應以書面為之。
公開收購人依第二項第二款規定公告後，除有下列情事之一外，應賣人不得撤銷其應賣：
一、有第七條第二項規定之情事者。
二、公開收購人依第十八條第二項規定向本會申報並公告延長收購期間者。
三、其他法律規定得撤銷應賣者。