CTBC Bank (Philippines) Corp. Discloses Newly Elected Board of Directors
Original: 代子公司CTBC Bank (Philippines) Corp.公告董事選任名單
Summary
CTBC Financial Holding (2891) is filing on behalf of its Philippine subsidiary, CTBC Bank (Philippines) Corp., to disclose the list of directors elected at the subsidiary's board election. Board composition changes at a regulated overseas banking subsidiary may affect local governance, regulatory standing, and strategic direction of that operation. Full body available on MOPS.
Full Translation
On behalf of subsidiary CTBC Bank (Philippines) Corp., CTBC Financial Holding announces the list of elected directors. [Interpretive context: Under Taiwan TWSE disclosure rules, listed companies must publicly announce material information relating to significant subsidiaries, including board appointments at regulated foreign banking entities. CTBC Bank (Philippines) Corp. is a locally incorporated commercial bank in the Philippines and a material subsidiary of CTBC Financial Holding. The elected director list would typically include names, titles, and effective dates of appointment, reflecting any changes in the subsidiary's governance structure.] [Body not available — subject line only. See MOPS for full announcement.]