To expand our credit business and deepen our local customer base, we relocated the “Corporate Banking Center of Technology Industry " to the Xinying District and officially operated.
King’s Town Securities officially acquired Full Long Securities' brokerage business for NT$32
million.
Acquired Wan Taig Securities Co, Ltd. and became a 100%-owned subsidiary of the Bank.
The Bank's subsidiary, Wan Tai Securities Co., Ltd. was officially renamed as "King's Town Securities Co, Ltd.”
Approved by the competent authority to invest in "Wan Taig Securities Co. Ltd."
The Board of Directors resolved to acquire "Wan Taig Securities Co. Ltd.". On January 5, 2021, the Bank acquired all the shares of the company and became a 100% subsidiary of the Bank.
Merged subsidiaries "Tainan Life Insurance Agent Co., Ltd." and "Tainan Property Insurance Agent Co. Ltd." with the Bank. Their businesses are continued by the Bank's "Insurance Department" to improve operational efficiency.
Served as the trustee for the "MiLLERFUL NO.1 REIT", the first REITs reaching $10 billion in 12 years of relative inactivity of Taiwan's REITs market.
Established the "Corporate Governance and Nomination Committee" to improve the management mechanism, strengthen the honesty operation, and continue to push forward the company's social responsibility.
Subsidiary "King's Town International Real Estate Management Co., Ltd." was established by King's Town Bank International Leasing Co., Ltd. through 100% investment.
Established subsidiary "King's Town Bank International Leasing Co., Ltd.".
Sold credit card business.