E.G-Sain head to serve as interim XPEC chairman

BEYOND LEGAL SCOPE:The embattled video game developer said accounting firm Ernst & Young Taiwan had terminated its contract and stopped audit services

Taipei Times
Date: Oct 25, 2016
By: Lauly Li / Staff reporter

Troubled video game developer XPEC Entertainment Inc (樂陞科技) yesterday appointed Ding Wan-ming (丁萬鳴), general manager of its honey cake subsidiary E.G-Sain (一之鄉), as the company’s acting chairman.

Former acting chairman Peter Lee (李柏衡) is to serve as XPEC’s chief financial officer and spokesman, the firm said in a filing with the Taiwan Stock Exchange.

XPEC chairman Aaron Hsu (許金龍) is being held incommunicado by the Taipei District Prosecutors’ Office over allegations the XPEC share price was manipulated.

Ding, a former business reporter, was Hsu’s colleague at the Chinese-language United Daily News 10 years ago.    [FULL  STORY]

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