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TDCC and International IR Service Providers Set up IR Platform

2019/02/25

To comply with the goals of the 2018-2020 New Corporate Governance Blueprint published by the Financial Supervisory Commission (FSC), Taiwan Depository & Clearing Corporation (TDCC) has released bilingual Investor Relations (IR) Platform (TDCC IR Platform) and e-voting functions on Stockvote on January 1, 2019 in the hope of improving the communication between institutional investors and issuers. Institutional investors can also search for investor services offered by issuers and information on corporate governance. In addition, users can know more about Taiwan’s e-voting operation and Taiwan’s visibility will increase, too.

The protection of investors’ rights has become an essential issue, and for global capital markets, they are making their best endeavors. In recent years, institutional investors have become more crucial in Taiwan’s capital market since the number of domestic institutional investors is increasing year by year, and the number TWSE-listed and TPEx-listed securities companies invested by foreign investors takes up nearly 40% of Taiwan’s securities market. How to maintain quality IR and open communication has gradually become yearly objectives and essential issues for issuers.

TDCC has been promoting e-voting throughout last year. Domestic and overseas investors can now vote online via online platforms or their mobile devices. To build a comprehensive platform which improves service quality, TDCC partners with international institutions to establish the TDCC IR Platform (irplatform.tdcc.com.tw) which provides news and information on corporate governance, investor services, corporate governance evaluation, strategic partnership, etc. In view of realizing New Corporate Governance Blueprint, providing convenient means for shareholders to exercise their rights, and encouraging issuers to fulfill corporate governance, TDCC hopes to facilitate two-way communication between investors and issuers through extended services.

To promote the usage of TDCC IR Platform, TDCC plans to organize a launching ceremony and an environmental, social and governance (ESG) forum in March 2019. Issuers, domestic and foreign institutional investors, as well as international service institutions will be invited to witness this new milestone.