Waiting for the Cross-Strait Service Agreement – Taiwan Focus

| BY

clpstaff &clp articles

C Y Huang, Chairman of the Taiwan Mergers & Acquisitions and Private Equity Council (MAPE), spoke to China Law and Practice about the hold up on the Cross-Strait Service Agreement and the effect this is having on deals

 



What are the proposed changes to M&A Act in Taiwan?

The changes are rather comprehensive covering the interests of both minority and majority shareholders. In particular, there is a clause from the Yageo case. This was a take-private, which the majority and minority shareholder had approved, but was turned down by the regulators for dubious reasons. The main reason was that it was not good for the general social public image. Investors do hope that the government will able to make the rules on delisting clearer and the proposed changes to the Act is one step towards this.

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]