|
Employee Stock Ownership Trust A small portion of the employee salaries shall be withheld, or matched with a contribution from the company, and deposited into a trustee account. A specified amount from the account will be invested on a regular basis. When an employee retires, resigns or satisfies any other previously agreed prerequisites, the employee can withdraw his respective portion of the deposit as stated in the agreement. In the long run, the return on investment is superior to term deposit, helping employees accumulate personal savings and wealth.
Corporate Pension Fund Enterprises can deposit the accumulated pension or appropriate the employee pension amount in the trustee account for proper management. The Trust Department will manage the fund rely on the instruction, which in turn can provide better retirement protection for employees.
Corporate Bond Trustee Service According to business practice laws, a company is required to set up a trustee when issuing corporate bonds and provides the name and terms and conditions of the agreement to the securities commission for approval. The trustee shall safeguard all relevant issuance documents and monitor the issuing company as needed.
Securities Certifying Service Under current laws, all securities must be certified by authorized agencies before issuance. Securities include stocks, corporate bonds, rights, and warrants.
Custodian Service for FINI/ MAI When foreigners and overseas Chinese or Mainland Area Investors wish to invest in securities listed on the TSE or OTC in Taiwan, they are required by law to appoint a domestic authorized agent to open accounts, exercise certain rights and handle foreign exchange. In addition, foreign investors are required to appoint a custodian bank to safeguard the security certificates and deliver the sales and declaration of relevant information. The Trust Department provides all these services.
Monetary Trust Business Clients can entrust cash or bank deposits to the Trust Division, which is flexibly managed by the managers of the Trust Division. The Trust Division can design customized packages for this type of monetary trust service.
Securities Trust Business The client can entrust their securities to the Trust Division for customized management, disposition and utilization as dictated by the client. This service can help clients maximize the yield of their securities assets.
|