Date of announcement 2018/04/24
Time of announcement 12:12:20
Date of events 2018/04/24
To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2018/04/24
2.Company name:KGI Bank.
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):Subsidiaries
4.Reciprocal shareholding ratios:N/A
5.Name of the reporting media:Mirror Media.
6.Content of the report:"FX trading loss of US$8.1 million
(or NT$240 million) with a nominal amount of
US$1.26 billion (or NT$35.1 billion) implies internal
control to be improved."
7.Cause of occurrence:
The contents of the newsletter described as follows:
(1) KGI Bank has reported the incident to the regulatory
authority immediately.
(2) The trading loss of NT$240 million has been
reported in the profit and loss in March 2018.
(3) The incident has no impact on KGI Bank's operations
and does not affect the rights and interests of clients.
8.Countermeasures:KGI Bank has strengthened its
internal control and risk management system.
9.Any other matters that need to be specified:None
CDF, on behalf of KGI Bank clarified media reports.
2018-04-24
Announcements