CDF, on behalf of KGI Securities, announced to authorize the management team to arrange the listing application of its overseas subsidiary in HK.

2015-07-28
Announcements

Date of announcement  2015/07/28
Time of announcement  08:49:41
 
Date of events  2015/07/27 
To which item it meets paragraph 49
Statement 
1.Date of occurrence of the event:2015/07/27
2.Company name:KGI Securities Co. Ltd.
3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):Subsidiaries
4.Reciprocal shareholding ratios:N/A
5.Name of the reporting media:N/A
6.Content of the report:N/A
7.Cause of occurrence:
To echo the government policies of promoting the financial sector to play ”the Asian Cup,” KGI Securities plans to arrange the listing of its overseas subsidiary in Hong Kong, a move that will help strengthen its business supervision, improve corporate governance, enhance the ability to raise funds in international capital markets, and expand overseas business.
8.Countermeasures:N/A
9.Any other matters that need to be specified:
The company will proceed with the relevant process at an appropriate time depending on the situation of international capital market and subject to the relevant regulations of the competent authorities and Hong Kong listing rules.
 

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