Financial Supervisory Commission of the Republic of China (Taiwan)

06/30/2022 | Press release | Distributed by Public on 07/01/2022 01:21

Administrative Fine Imposed on the Responsible Person ......

1.Date the fine was imposed:June 30, 2022
2.Recipient of the fine: Billionton Systems Inc.
3.Legal basis of the fine: Paragraphs 1(1) (2) of Article 36, Paragraph 1(4) of Article 178 and Article 179 of the Securities and Exchange Act
4.Facts of the violation and reasons: Taiwan Land Development Corporation failed to complete the Q3 2021 to Q1 2022 financial statement in accordance with Paragraph 1(1)(2) of Article 36 of the Securities and Exchange Act.
5.Resulting fine: Sentenced to the fine, NT$720,000, in accordance with Paragraphs 1(1)(2) of Article 36, Paragraph 1(4) of Article 178 and Article 179 of the Securities and Exchange Act.