Regulations Governing Public Tender Offers for Securities of Public Companies Article 27
An Offeror who acquires, individually or jointly with another person(s), over 5% of the outstanding shares of a public company shall be exempted from the requirement to file an acquisition report under Paragraph 1 of Article 43 of the Act for the shares acquired through that public tender offer.
中文原文 公開收購公開發行公司有價證券管理辦法第27條
公開收購人單獨或與他人共同取得公開發行公司已發行股份總額超過百分之五之股份者，該次公開收購所取得之股份，免依本法第四十三條之一第一項規定辦理取得之申報。