Taiwanese Engineering Company Undergoes Revamping with New Major Shareholders

Reported 8 months ago

Recently, an advertisement in Taipei's Nangang District thanking the late founder of Formosa Plastics, Wang Yung-ching, has caught the attention of passersby. It turns out that the renowned local general contracting company established by Wang Yung-ching, Formosa Engineering, has welcomed new shareholders who dub themselves as the 'Formosa Renovation Team.' The new team includes significant figures such as Dai Zhi-yi, a director of Fubon Financial Holding; Yan Zhi-yu, son of the chairman of CTBC Financial Holding; and Sun Zheng-qiang, chairman of the Otc Pun Party organizer, Yuding. This powerful team poses a challenge to the traditional conservative management style of the old Formosa team, currently actively seeking shares and powers of attorney, aiming to surpass competitors in the coming years and become a leading star in the industry.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis