Taiwan Navigation accused in ad
FRONT PAGE ATTACK: In ads posted yesterday, Chinese Maritime asked non-state shareholders to request an FSC probe into the matter and that the deal be canceled
By Amber Chung
Management tussles involving the local shipping industry escalated yesterday, as Chinese Maritime Transport posted front-page ads in major newspapers yesterday.
In the ads, Chinese Maritime questioned Taiwan Navigation Co's decision to swap shares with Yang Ming Marine Transport Corp, a move which it said was illegal and went against shareholders' interests
Read more on Taipei Times