In response to internationalization in global capital market and the trend of product diversification, TDCC has been actively promoting cooperation and exchange with CSDs worldwide. In Jakarta, Indonesia, on Jan 11, 2016, TDCC signed a memorandum of understanding for cooperation and information exchange with PT. Kustodian Sentral Efek Indonesia (KSEI), one of the members of ACG. The MOU was entered into by Chairman & CEO of TDCC, Mr. Sherman Lin, and President Director of KSEI, Mrs. Margeret M. Tang. KSEI is the 21st organization TDCC concluded a memorandum of understanding with.

More than fifty VIPs from Indonesia Financial Services Authority (OJK), Indonesian Stock Exchange (IDX), Indonesia Clearing and Guarantee Corporation (KPEI), Custodian Banks Association, Securities Companies Association, and other organizations in securities market all attended the signing ceremony. Chairman & CEO, Mr. Sherman Lin, was invited and conducted the bell-ringing ceremony. The ceremony was televised live by Indonesia Business & Capital Market TV. TDCC also arranged presentations and communication on recent development in Taiwan's capital market and the business development of the company.

The MOU was signed by Chairman & CEO of TDCC, Mr. Sherman Lin(right), and President Director of KSEI, Mrs. Margeret M. Tang (left) in Jakarta, Indonesia, on Jan 11, 2016.

In addition, on Jan 12, Chairman & CEO, Mr. Sherman Lin, was invited to a discussion with two officials of Financial Services Authority of Indonesia (OJK), Ms. Nurhaida, Chief Executive of Capital Market Supervision, and Mr. Fakhri Hilmi, Head of Department, Capital Market Supervision 2A. During the discussion, the two officials congratulated on and expressed high expectation of the MOU signed between TDCC and KSEI. Mr. Sherman Lin, also shared with the two officials the backgrounds and recent development of E-Voting system, mutual fund services, and the newly-founded company, Fund Rich Securities. He also provided OJK with the current situations of corporate governance, investor protection and market regulation in Taiwan’s capital market as references for Indonesian local market development. Ms. Nurhaida and Mr. Fakhri Hilmi pointed out that Taiwan’s market featured trade activity, deep penetration, and maturity and that it is highly acknowledged by international markets. Under TDCC's promotion, more than 500 companies adopted its E-Voting service in a very short time, and the voting rate was up to 40% of stock share. The project's success in integrating listed companies, stock affairs organizations, custodian banks and Broadridge has also been highly praised. The officials also asked KSEI to arrange cooperative affairs with TDCC and organize a delegation to visit Taiwan.

Chairman & CEO, Mr. Sherman Lin, indicated that with a view to increasing international exposure, TDCC not only has actively attended overseas conferences but also has promoted its internationalized business through signing MOUs with CSDs worldwide. The MOU signed with KSEI can establish a better channel of communication and create more opportunities for long term cooperation. In addition, through talk with OJK, TDCC not only shared development experiences in Taiwan's capital market and in company business successfully but also gained opportunities to export electronic shareholder voting. The trip definitely brought fruitful and substantial results to the company.