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10 Aug
04:31

Yusco, Yieh Phui reattempt Tang Eng shareholding increase

Taiwan’s Yieh United Steel Corporation (Yusco) and Yieh Phui Enterprise are trying again to raise their stakes in Tang Eng Iron Works, according to the former’s exchange filing. The board of directors of Yusco considered and approved the proposal on 8 August, and decided to submit a declaration to the Fair Trade Commission (FTC), Kallanish notes. Mergers and acquisitions between Taiwanese companies that meet a certain share of the legal requiremen…
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