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CTBC Financial Holding Announces Board Election of Chairman for Subsidiary CTBC Capital Corp.

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AI Summary (NQ-processed)

CTBC Capital Corp., a subsidiary of CTBC Financial Holding, has elected Mr. Tai-Keh Cheng as its new Chairman following a board resolution. The appointment, resulting from a regular board re-election upon term expiration, takes effect on July 2, 2026 (Taiwan time).

AI Analysis

Frequently Asked Questions

Q: Who is the new chairman of CTBC Capital Corp.?
A: Mr. Tai-Keh Cheng has been reappointed as Chairman following the board election.
Q: Is this a resignation or a new appointment?
A: This is a reappointment due to term expiration and board re-election, not a resignation or new hire.
Q: Why is there a date difference between US and Taiwan time?
A: Due to the time zone difference, July 1 in US time corresponds to July 2 in Taiwan time.