Reported 11 months ago
The Taipei Sky Tower, one of Taipei's new landmarks, faces turmoil as rumors circulate about its largest shareholder planning to divest holdings, causing market speculation. Although reports claimed the largest shareholder was looking to sell, the developer Shihe Company clarified there is no such plan. Shihe Company asserts that the current situation involving a potential trade of Green Heaven's equity does not impact Shihe or the Taipei Sky Tower's ownership rights. This development amidst ongoing legal investigations has raised concerns about potential embezzlement or Chinese involvement in the project.
Source: YAHOO