Taiwan Cement optimistic about India expansion

The company is looking to expand in emerging economies and especially in India, an economic bright spot with strong domestic demand.

Taiwan News
Date: 2017/02/17
By: Wendy Lee, Taiwan News, Staff Writer

TAIPEI (Taiwan News) – Taiwan Cement Corp. (TCC, 台泥), the nation’s biggest cement company, is

The late chairman of TCC, Leslie Koo. (By Central News Agency)

seeking growth opportunities in India, a market that the late chairman of TCC Leslie Koo believed to have great development potential.

Leslie Cheng-yun Koo (辜成允), Taiwan Cement chairman and president, has died on January 21st from severe head injuries after falling down the stairs at a Taipei hotel. A memorial service will be held on March 15, the company announced last week.

The 62-year-old leader of one of Taiwan’s most prominent business families was attending a wedding banquet at Regent Hotel Taipei when he fell down a flight of stairs and suffered severe head injuries. He was immediately rushed to a hospital nearby but succumbed to his injuries two days later.

Leslie Koo took over the reins at Taiwan Cement from his brother, Chester Koo, who died of cancer in 2001. His brother-in-law and the company’s board director, Nelson An-ping Chang (張安平), has been appointed to take over the business as acting chairman following the sudden death of Koo.

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