Tatung Ownership Struggle Comes to an End, but Much Remains Opaque
The Tatung Company ownership struggle has come to a temporary end, with a group of investors led by Wang Kuang-hsiang, the head of the Shanyuan Group and a construction magnate, claiming seven out of nine seats on Tatung’s board of directors last week. After elections, Tatung’s shares rose by 10% in value, a sign of investor confidence in the company. However, much remains opaque about what exactly took place within the company...