MOVING FORWARD:New general manager Fred Chan said that the company would work on safeguarding shareholders’ interests and look at ineffective Chinese businesses
Date: Apr 26, 2016
By: Aileen Chuang / Staff reporter
Food and cooking oil supplier Taisun Enterprise Co (泰山企業) yesterday elected a new chairman and board of directors, putting an end to a high-profile ownership fight between the third-generation descendants of the founder.
Chan Yi-hung (詹逸宏), who took over as general manager from former chairman Kenneth Chan (詹岳霖) last month, is to become chairman, while Chan Chin-chia (詹晉嘉) is to become vice chairman and Fred Chan (詹景超) is to act as the new general manager.
The new postings were decided at an extraordinary shareholders’ meeting in Chunghua County, after three of the company’s eight directors resigned on March 9, as stipulated by the Company Act (公司法). [FULL STORY]