Reported 7 months ago
Taiwan Salt Corporation's subsidiary Taiwan Salt Green Energy was reported to have incurred significant losses and faced mismanagement issues, with allegations of cronyism and improper conduct among top executives leading to a deteriorating industrial environment. However, Taiwan Salt swiftly issued a statement refuting these claims, emphasizing adherence to corporate governance standards and regulations, including strict monitoring of subsidiaries. Measures have been taken to strengthen governance and efficiency within Taiwan Salt Green Energy, such as temporary assignments of key positions by the parent company and disciplinary actions against non-compliant employees, dismissing reports of chaotic work conditions and unproductivity.
Source: YAHOO