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Coronavirus

COVID-hit Taiwan shuts down all shareholder meetings through June

TSMC and Foxconn among companies forced to reschedule by spike in infections

TAIPEI -- Taiwanese regulators on Thursday suspended all shareholders meetings of listed companies from May 24 through June 30 in response to a recent jump in coronavirus cases.

The Financial Supervisory Commission's order -- which spans the busiest period for annual meetings -- affects 1,931 companies. Taiwan Semiconductor Manufacturing Co. and Hon Hai Precision Industry, better known as Foxconn, were set to hold general meetings on June 8 and June 23, respectively.

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