TDCC Expands eNotice Platform to Include Cash Capital Increase Alerts, Launching July 24

The Financial Supervisory Commission (FSC) announced today that it has supervised the Taiwan Depository & Clearing Corporation (TDCC) in enhancing its eNotice platform. Following the successful implementation of electronic notifications for dividends and ETF distributions, the platform has been authorized to include cash capital increase stock issuances. This service, scheduled to launch on July 24, is expected to benefit approximately 1.71 million shareholders through email or app-based push notifications.

Huang Hou-ming, Deputy Director-General of the Securities and Futures Bureau, noted that since the eNotice platform’s inception on June 30, 2023, it has signed contracts with 1,568 companies, including 805 listed, 597 OTC, 144 Emerging Stock, and 22 public companies. To date, over 27 million electronic notices have been sent to 1.71 million registered users.

Statistics show that companies have conducted over 140 cash capital increases annually over the past three years, driving demand for paperless notifications to reduce operational costs and improve efficiency. Eligible companies can apply on the platform 8 to 11 business days prior to the book closure date. Shareholders who register their consent by one business day before the book closure date will receive digital alerts for their stock allotments. Furthermore, the FSC plans to extend the eNotice service to public tender offers by the end of September.