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NewsHighlight Taiwan opposes Malaysia's IOI taking control of Taipei Financial Center
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Highlight Taiwan opposes Malaysia's IOI taking control of Taipei Financial Center
by Cals Tue 09 Dec 2014, 03:51
Highlight
Taiwan opposes Malaysia's IOI taking control of Taipei Financial Center
TAIPEI (Dec 8): Taiwan's finance minister said on Monday he opposed Malaysia's IOI Properties ([You must be registered and logged in to see this image.] Financial Dashboard) seeking management control of the Taipei Financial Center as it was a national landmark.
The Malaysian company said on Friday it has agreed to buy a 37 percent stake in the center, which owns the Taipei 101 skyscraper, for 2.74 billion ringgit ($789.74 million) .
"As Taipei 101 is Taiwan's important landmark, its management should not be controlled by foreigners," Finance Minister Chang Sheng-ford told parliament.
Taiwan opposes Malaysia's IOI taking control of Taipei Financial Center
TAIPEI (Dec 8): Taiwan's finance minister said on Monday he opposed Malaysia's IOI Properties ([You must be registered and logged in to see this image.] Financial Dashboard) seeking management control of the Taipei Financial Center as it was a national landmark.
The Malaysian company said on Friday it has agreed to buy a 37 percent stake in the center, which owns the Taipei 101 skyscraper, for 2.74 billion ringgit ($789.74 million) .
"As Taipei 101 is Taiwan's important landmark, its management should not be controlled by foreigners," Finance Minister Chang Sheng-ford told parliament.
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