January 14, 1988

Li-teh Hsu and Tang I-fang of Singapore's WBL Corp., Ltd. jointly founded the company with a paid-in capital of NT$300 million. Mr. Hsu served as the new company's first chairman.

@

March 1988

Established Global Financial Services Co., Ltd.as a joint venture with the Shearson Lehman Hutton Group of the U.S.

@

March 1988

Jointly established China Investment & Development Corp. with Canada's Trilon Bank Corporation.

@

July 1989

Completed its first rights issue, increasing capitalization by NT$240 million, bringing paid-in capital to NT$540 million.

 

July 1, 2000

Li-teh Hsu served again as chairman. With an adjustment in strategies and integration of its operations, the company embarked on a new initiative, gearing toward an investment bank.

 

July 2000

Went public and completed its second rights issue, increasing capitalization by NT$460 million to bring total paid-in capital to NT$1 billion.

 

August 2000

The board of directors passed a resolution, calling for a third rights, increasing capitalization by NT$600 million. In January 2001, this rights issue was completed, bringing paid-in capital to NT$1.6 billion. At the same time, renowned high-tech companies such as Venture Tech Allianse,LLC,a subsidiary of Taiwan Semiconductor Manufacturing Corporation, and Walsin Lihwa were introduced.

 

January 2001

A 17.08% stake in China Investment & Development Corp. was obtained from London Life.

@

February 2001

Established Prudence Capital Management Ltd. to pursue management of venture capital.

 

August 2001

Obtained a 50% stake in Global Financial Services Co., Ltd., turning it into a wholly-owned subsidiary.

 

August 2001

Raised an NT$2 billion fund for venture capital business, establishing Prudence Venture Investment Corp. Its shareholders included the Development Fund of the Executive Yuan, Chiao Tung Bank, securities firms, insurance companies, and high-tech companies.

 

November 2002

Established in the Bahamas a US$50 million hedge fund-the Prudence International Fund-marked the official start of its asset management business.

 

November 2002

Completed its fourth rights issue of NT$20 million, bringing paid-in capital to NT$1.62 billion.

 

February 2005

Established Global Investment Management (Hong Kong) with the permission of Hong Kong securities and Futures Commission. It provides distribution services, investment consulting service ,and financial products design services.

@

May 2005

Raised cathay III Fund of NT$ 600 million focusing on IC design industry and Biotech

industry. 

@

April 2007

CIDC closed a US$20 million venture fund that will focus on 1C design industry in Greater China. 

@