SecurityWorldMarket

07/09/2012

Planet awarded CG6007 Certificate

Taipei, Taiwan

Planet Technology Corporation has been recently awarded the "CG6007 Corporate Governance System Evaluation Certification" from the Taiwan Corporate Governance Association.
This is the third consecutive time that Planet achieved this honour to elevate corporate value and strengthen shareholders rights. Corporate governance is a mechanism for managing enterprises to fulfill their management responsibilities while protecting the legitimate rights and interests of shareholders. It is also a crucial matter to shareholders especially after the financial crisis in 2008.

By incorporating the global corporate governance trend and regulations in Taiwan, the Taiwan Corporate Governance Association has set up high standards of corporate governance to evaluate the public listed companies in Taiwan through 80 indicators under 6 criteria: (1) Assuring the rights and interests of shareholder, (2) Enhancing transparency of company information disclosure, (3) Enhancing the functions of the board of directors, (4) Effective management of the supervisors, (5) Discipline and communication of management team, (6) Respecting the rights and interests of stakeholders and exercising social responsibilities.

The evaluation serves as a major benchmark not only to keep the best of public listed companies in Taiwan but also to enhance the positive image of Taiwan enterprises in the global economy.

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