League savings accounts hold almost NT$38bn

TAIWAN CEMENT: The league in 2002 purchased NT$5m worth of shares in the firm, and made 93 more transactions over 13 years, its asset form shows

Taipei Times
Date: Jun 29, 2018
By: Chen Yu-fu and Sherry Hsiao  /  Staff reporter, with staff writer

The National Women’s League as of the end of last year had about NT$37.94 billion (US$1.24 billion at the current exchange rate) in savings and more than 13.7 million shares of Taiwan Cement Corp, the Ill-Gotten Party Assets Settlement Committee said, citing the league’s asset declaration.

The league’s stake in Taiwan Cement is worth at least NT$570 million, based on yesterday’s closing price of NT$43.

The savings are deposited into 16 accounts spread across Land Bank of Taiwan, Bank of Taiwan and CTBC Bank, the declaration showed.

The largest is a NT$30.28994 billion account at the Land Bank of Taiwan’s Heping branch in Taipei, it showed.    [FULL  STORY]

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.