Changes on the Eve of Entering the OTC: Star Asia Applies for Re-election of Supervisor in July

Reported about 1 year ago

Star Asia Vision, a subsidiary of Tai Oya Group, was scheduled to enter the over-the-counter market at NT$45 per share today, but due to the dismissal of all supervisors by the Securities Supervisory Bureau on June 21, causing non-compliance with the public issuance requirements, they applied for cancellation first and planned to reapply after re-electing supervisors in July. This situation has added uncertainty to Star Asia Vision's listing process, expecting a possible delay of two months in returning to the OTC market after the re-election of supervisors.

Source: YAHOO

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