Awards & Certifications

2016/08

CTCI Corporation, CTCI Advanced Systems Inc., and KD Holding Corporation Evaluated as Top 5% in the “2015 Corporate Governance Evaluation System”

Taiwan Stock Exchange Corporation (“TWSE”) and Taipei Exchange (“TPEx”) announced the top 50% of the 2015 Corporate Governance Evaluation Results. CTCI Corporation (CTCI Corp.) and its subsidiaries, CTCI Advanced Systems Inc. (CTCI ASI) and KD Holding Corporation (KD), were evaluated as top 5% of the TWSE listed companies and the TPEx listed companies.

The award ceremony was held on June 16, 2016 at Taipei International Convention Center and Mr. Kung-Wha Ding, the Chairman of Financial Supervisory Commission, Mr. Sush-Der Lee, the Chairman of TWSE, and Mr. Chi-Hsien Lee, the acting Chairman of TPEx, attended the ceremony as award presenters. Mr. Michael Yang, President of CTCI, Mr. Hwei-Nan Yih, Chairman of ASI, and Mr. John Lin, Chairman of KD, received the awards on behalf of CTCI Corp., CTCI ASI and KD, respectively.

The TWSE and TPEx launched “Corporate Governance Evaluation System”, conducted by the Securities and Futures Institute (“SFI”) to evaluate the performance of corporate governance among listed companies. The evaluation indicators comprise the 5 categories and 98 indicators: protecting shareholder rights and interests, treating shareholders equitably, enhancing board composition and operation, increasing information transparency, and putting corporate social responsibility into practice.

In 2015, all the entries in the evaluation include 824 TWSE-listed companies and 623 TPEx-listed companies as a whole. The awards demonstrate that the CTCI companies obey the laws and regulations and voluntarily improve the corporate governance.

CTCI President Michael Yang (center) represented CTCI to accept the award from Mr. Sush-Der Lee (left), the Chairman of TWSE, and Mr. Kung-Wha Ding (right), the Chairman of Financial Supervisory Commission.

KD Holding Chairman John Lin (center) represented the company to accept the award from Mr. Chi-Hsien Lee (left), the acting Chairman of TPEx, and Mr. Kung-Wha Ding (right), the Chairman of Financial Supervisory Commission.