Taiwan Land Development Corporation Fully Cooperates with Investigation Following Allegations of Violating Securities and Exchange Law

Reported 11 months ago

Taiwan Land Development Corporation released three statements in response to prosecutors summoning former chairman Qiu Fusheng and five others for their suspected involvement in violating the Securities and Exchange Law by allegedly falsifying financial reports in 2019 and 2020. Prosecutors conducted searches at six locations and questioned the individuals involved. The company expressed respect for the investigation, stated their full cooperation, handed over relevant materials to prosecutors, and urged against excessive speculation and sensationalism in media reports.

Source: YAHOO

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