CTCI Faces a Fine of NT$200,000 for Violating Disclosure Regulations
CTCI Engineering Co., Ltd. (9933) has been fined NT$200,000 by the Taiwan Stock Exchange for violating regulations regarding the handling of significant information. The firm delayed holding a press conference related to significant information, which breached the required procedures.
On April 16, 2025, CTCI announced that its subsidiary CTCI Americas, Inc. had filed for reorganization against debtor Global Clean Energy Holdings, Inc. This action was in compliance with the stock exchange's rules for handling significant information. However, due to the delay in the announcement, the company faced the fine.
The stock exchange emphasizes its commitment to strengthening regulatory measures and ensuring that all listed companies adhere to relevant standards to maintain market order and protect investors' rights. Investors are advised to evaluate risks carefully and take responsibility for their investment decisions.
