Taiwan Shareholders Raise Concerns Over Executive Chairman's Re-election at Union Bank.

Concerns Raised Over Nation's Trust Continuation as Vice Chairman; FSC Clarifies Securities Production Segregation Requirements

The board of directors at Nation's Trust will convene on Monday next week to discuss the proposal for Chen Kuan-Ru's continuation as vice chairman. However, this proposal has raised concerns as Chen Kuan-Ru also serves as the chairman of Rih Huar. In response to clarify the relevant regulations, the Financial Supervisory Commission (FSC) issued a statement yesterday, indicating that there are no clear "segregation of production" requirements in the current securities market, and that the arrangement of corporate governance is the responsibility of the company's board of directors to decide.

However, the FSC also emphasized that the self-trading position of securities must pay attention to the principle of avoiding conflicts of interest and cannot invest in stocks related to Rih Huar, and that the case of concurrent posts also needs to be reviewed by the company. This implies that the board of directors at Nation's Trust will need to review the arrangement of Chen Kuan-Ru serving as the chairman of Rih Huar, whether it will affect the governance of the company.

The relationship between Nation's Trust and Rih Huar warrants attention; Rih Huar's business background

Rih Huar is a securities company with a long history, mainly engaged in securities trading, investment consulting, and other businesses. The chairman of Rih Huar is Chen Kuan-Ru, and Nation's Trust also holds a certain amount of shares in Rih Huar. This means that Nation's Trust and Rih Huar have a business association.

However, Rih Huar's business background has raised concerns among investors. Rih Huar has been accused of violating relevant regulations in the past, although the company was ultimately acquitted, it has led investors to question the business of Rih Huar. Therefore, the board of directors at Nation's Trust needs to review the arrangement of Chen Kuan-Ru serving as the chairman of Rih Huar, whether it will affect the governance of the company.

The stance of the FSC; securities company governance requires transparency and independence

The stance of the FSC also implies that securities company governance requires transparency and independence. The board of directors of a securities company is responsible for decision-making and management of the company's business, and needs to ensure that the governance of the company is transparent and independent. This means that the board of directors needs to ensure that the business arrangement of the company will not affect the governance of the company, and also needs to ensure that the governance of the company is transparent and independent.

The board of directors at Nation's Trust needs to review the arrangement of Chen Kuan-Ru serving as the chairman of Rih Huar, whether it will affect the governance of the company

The board of directors at Nation's Trust needs to review the arrangement of Chen Kuan-Ru serving as the chairman of Rih Huar, whether it will affect the governance of the company. The board needs to consider the transparency and independence of corporate governance, and also needs to consider whether the business arrangement of the company will affect the governance of the company.

The board of directors at Nation's Trust needs to consider the following questions: 1. Should Chen Kuan-Ru be allowed to serve as the chairman of Rih Huar? 2. Will it affect the governance of the company? 3. Is it necessary to conduct further review and investigation? The board needs to carefully consider these questions and ensure that the governance of the company is transparent and independent.

The board of directors at Nation's Trust also needs to consider the concerns of investors, whether it will affect the stock price of the company

The board of directors at Nation's Trust also needs to consider the concerns of investors, whether it will affect the stock price of the company. Investors are very concerned about the governance and business arrangement of the company, and whether it will affect the stock price of the company is also a question that the board needs to consider.

Investors will respond to the decision of the board of directors at Nation's Trust, whether it will affect the stock price of the company

Investors will respond to the decision of the board of directors at Nation's Trust, whether it will affect the stock price of the company is also a question that the board needs to consider. Investors may evaluate the decision of the board, and whether it will affect the stock price of the company is also a question that the board needs to consider.

Source: Central News Agency