Sunhwa Tai Fu Fined NT$10,000 for Missing Deadline on Q1 Financial Report, Stocks at Risk Next Year
Sunhwa Tai Fu Co., Ltd. (5481) has been fined NT$10,000 by the OTC for failing to announce its Q1 2025 financial report on time. The company could not hold a board meeting to approve the financial report due to the disqualification of its statutory director.
The company has been suspended from trading since May 20, and if it cannot complete the remedial procedure, it may be delisted as early as January 2, 2026, affecting approximately 40,000 shareholders. The OTC emphasized it will continue to strengthen its supervisory mechanisms to ensure companies comply with relevant regulations and protect market order and investor rights. This incident highlights the importance of timely financial report announcements.
