Taiwan Salt Corporation Clarifies Improper Management of Subsidiary in 5-Point Statement

Reported 7 months ago

Taiwan Salt Corporation released a 5-point statement in response to reports of mismanagement of its subsidiary, Taiwan Salt Green Energy, emphasizing compliance with regulations and internal control systems. They stated that all important matters are reported to designated levels, denying any improper management. The corporation is assisting the subsidiary in following regulations and improving corporate governance, while addressing issues surrounding specific projects to ensure compliance with governance policies. Taiwan Salt also clarified misunderstandings regarding project revenue, personnel management, and payment disputes, mentioning collaboration with authorities to uphold company interests.

Source: YAHOO

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