Taiwan News
Date: 2015-12-19
By: Matthew Strong, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – Jeffrey Koo Jr., the scion of one of Taiwan’s most powerful business dynasties, on Saturday expressed interest in taking over the Taipei Dome project, though he added he had not held any talks on the issue.
The 40,000-seat stadium complex is close to completion, but over the past year it has been caught in a high-profile dispute between the administration of Taipei City Mayor Ko Wen-je and the developer, tycoon Chao Teng-hsiung’s Farglory Group. The issues include safety and financial payments, and have led to a city-ordered construction stop and court cases.
There have been media reports that Koo and his family’s CTBC Financial Holding Co., Ltd. might be interested in taking over the Taipei Dome from Farglory. [FULL STORY]