More than 1,600 companies have to implement e-voting for shareholder meetings effective Jan. 1, 2018
By: Sophia Yang, Taiwan News, Staff Reporter
TAIPEI (Taiwan News) – Starting from January 1, companies traded on the main board
and emerging stock board have to implement e-voting at the meetings of the shareholders to enable them to cast votes remotely.
The new rule will hardly cause headaches for the companies traded at the Taiwan Stock Exchange (TWSE) and Taipei Exchange (TPEx), as the e-voting system has been widely adopted in the country in recent years. According to the Taiwan Depository & Clearing Corporation (TDCC), up to 1,233 companies included e-voting in the shareholder’s meetings last year, among which 56 percent were voluntary, with 2.23 million votes cast.
More than 1,600 TWSE- and TPEx-listed companies are subject to the new rule starting 2018. [FULL STORY]