GTSM reminds listed (emerging stock) companies to conduct online testing of the system for early reporting of the date of general shareholders’ meeting

January 13, 2010

To make sure that shareholders have the chance to exercise their rights, the Financial Supervisory Commission (FSC) advises the boards of directors of listed companies not to set the date for their 2010 general shareholders’ meeting all on a few specific dates. In support of the “early reporting mechanism” for the date of general shareholders’ meeting of a listed company implemented by the competent authority, Gretai Securities Market (GTSM) on its part will add a new function of “pre-registration of the date of general shareholders’ meeting” to its reporting system on the Market Observation Post System and will open the new function from 9:00AM, February 1 to March 15 for GTSM-listed (emerging stock) companies to make initial registration of their general shareholders’ meeting date. A company should go on the Market Observation Post System to register their general shareholders’ meeting date. On the basis of “first come, first serve”, each day is open to no more than 200 companies for holding shareholders’ meeting and each company may pick only one date for the meeting. The system will immediately notify the registrant of the request result. When a company registers the date of its general shareholders’ meeting, there is no need for it to make announcement of material corporate information on the date decided by the board of directors for general shareholders’ meeting. The company will make such an announcement and announce the dates for suspension of title transfer after it has held a board of directors’ meeting, in which the board approves of the registered date for convening the general shareholders’ meeting.