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TDCC Signed MOU with KSD on Management of Securities Museum

A Memorandum of Understanding (MOU) on management of securities museum between Taiwan Depository & Clearing Corporation (TDCC) and Korea Securities Depository (KSD) was signed on March 14th, 2013. The MOU was signed by Ding Kung-Wha, Chairman of TDCC and Kim Kyung Dong, Chairman & CEO of KSD in TDCC Taipei headquarter office.

Under the terms of the MOU, TDCC and KSD both agree to further cooperate with each other to facilitate the management of two companies’ securities museums, and to foster a continuing relationship to promote financial literacy in Taiwan and Korea.

This MOU signing not only sets a milestone for cooperation between TDCC and KSD, but also signifies the efforts of both parties on international collaboration with overseas depository and settlement infrastructures. Mr. Ding Kung-Wha, Chairman of TDCC, said “It is a great opportunity for the two museums to facilitate further information exchange and subsequently will bring mutual prosperity and growth for our museums in the future. Visitors to both of our museums will benefit from the exhibition enrichment and know better about each others’ stock history and capital market development. Moreover, our two companies will better fulfill our corporate social responsibility which definitely gives this MOU a profound meaning.”

Mr. Kim Kyung Dong, Chairman & CEO of KSD, emphasized the longstanding cooperation between TDCC and KSD, which goes back to the memorandum of understanding for mutual cooperation and information exchange on depository and settlement operations signed in 2000. He expressed his hopes for expanding the scope of collaboration beyond mere business exchanges to matters related to running the securities museums, with the aim of preserving the financial heritage represented by securities certificates and passing it down to future generations.