Press release content:

The Taiwan Stock Exchange (TWSE) has stated that the second round of Corporate Governance Evaluation Indicator was announced on December 30, 2014. To help companies understand important amendments to the second round of Corporate Governance Evaluation and pay attention to convening practices and newly amended regulations before the peak season of shareholders' meetings, TWSE and the Taipei Exchange (TPEx) have conducted five educational seminars across northern, central, and southern Taiwan.

According to TWSE,  in addition to explaining important amendments to the second round of Corporate Governance Evaluation and recent revisions in regulations related to corporate governance, TWSE and TPEx had specially invited representatives from Taiwan Depository & Clearing Corporation (TDCC) and Taiwan Stock Affairs Association to share the practices of electronic voting as well as shareholders’ meeting  related matters, which adhered to the practical needs and thus  received positive feedback from listed companies. Statistics show participation of over 2,100 people, and all seats were filled during each of the five seminars. The participants actively ask questions regarding the practice of candidate nomination, performance evaluation of the board of directors, designated areas for stakeholders on company websites, practical issues of promoting corporate governance and ethical corporate management, and more, while representatives of TWSE, TPEx, TDCC, Taiwan Stock Affairs Association, and Securities & Futures Institute (SFI) answered each question. The enthusiastic exchange of ideas indicates that companies have committed to corporate governance. The last of the five Corporate Governance Evaluation educational seminars was held successfully on March 12. In the near future, questions and answers gathered from these seminars will be summarized and posted on the Corporate Governance website for the reference of companies and all interested parties. 

Additionally, TWSE has stated that the company self-evaluations of the first round of Corporate Governance Evaluation have been completed. TWSE/TPEx -listed companies that participated in the self-evaluation reached 97%, demonstrating the importance that companies have devoted to the evaluations. The subsequent evaluation work is estimated to be completed by late April, whereas the evaluation results are estimated to be released by the end of April.