PLANET Technology Corporation, the global leading IP-based networking company, announced its newly awarded “CG6005: Corporate Governance Systems Evaluation Certification”
from Corporate Governance Association in Taiwan. This is the second consecutive year
for PLANET to achieve this honour since winning the “CG6004: Corporate Governance Systems Evaluation Certification” in 2008.
“Corporate governance” is a mechanism for managing enterprises to fulfill the management responsibilities while protecting the legitimate rights and interests of shareholders. Corporate Governance Association in Taiwan created 80 indicators under the following 6 criteria to evaluate the corporate governance of listed companies in Taiwan.
• Assuring the rights and interests of shareholder
• Enhancing transparency of company information disclosure
• Effective management of the board
• Disciplines and communication of management team
• Emphasizing the balance of rights and obligations among interest parties
PLANET Technology had again proven the efforts and dedication we devoted in Corporate Governance by achieving this recognition. The evaluation has set up high standards of corporate governance, which will serve as a major benchmark not only to keep the best of listed companies based in Taiwan but also to enhance the positive image of the Taiwan enterprises in the global economic.