Administrative Fine Imposed on the Responsible Person of Pihsiang Machinery Manufacturing Incorporated.
2017-05-16
1.Date the fine was imposed: May 16, 2017
2.Recipient of the fine: Pihsiang Machinery MFG. Co., LTD.
3.Legal basis of the fine: Subsection 2, paragraph 1, Article 36, subsection 4, paragraph 1, Article 178, and paragraph 1, Article 179 of the Securities and Exchange Act.
4.Facts of the violation and reasons: It was found that Pihsiang Machinery MFG. Co., LTD. failed to publish the first quarter 2017 financial report audited by the CPA and reported to the Board within 45 days from the end of the first quarter 2017 (by May 15, 2017) as required by subsection 2, paragraph 1, Article 36 of the Securities and Exchange Act.
5.Resulting fine: The responsible person of the violation by Pihsiang Machinery MFG. Co., LTD. is charged with a punishment of an administrative fine of NTD 240,000 pursuant to subsection 4, paragraph 1, Article 178, and paragraph 1, Article 179 of the Securities and Exchange Act.
2.Recipient of the fine: Pihsiang Machinery MFG. Co., LTD.
3.Legal basis of the fine: Subsection 2, paragraph 1, Article 36, subsection 4, paragraph 1, Article 178, and paragraph 1, Article 179 of the Securities and Exchange Act.
4.Facts of the violation and reasons: It was found that Pihsiang Machinery MFG. Co., LTD. failed to publish the first quarter 2017 financial report audited by the CPA and reported to the Board within 45 days from the end of the first quarter 2017 (by May 15, 2017) as required by subsection 2, paragraph 1, Article 36 of the Securities and Exchange Act.
5.Resulting fine: The responsible person of the violation by Pihsiang Machinery MFG. Co., LTD. is charged with a punishment of an administrative fine of NTD 240,000 pursuant to subsection 4, paragraph 1, Article 178, and paragraph 1, Article 179 of the Securities and Exchange Act.
Visitor:
13110
Update:
2017-08-08