2013-10-04

Aiming at the future growth momentum of the commercial real estate market, Taroko Company (1432) actively transformed the layout of commercial real estate, and saw that under favorable conditions such as the gradual improvement of the general environment and the opening of government policies, it increased its capital by NT$ 800 million in cash, and the lead underwriter was Cathay General Securities.
With the signing of the cross-strait service trade agreement, it is expected that more mainland securities companies, insurance companies, medical, tourism and other service providers will set up in Taiwan in the future, which will help improve the growth momentum of Taiwan’s commercial real estate market. In view of professional corporate governance and transformation, Taroko Company hired professional outside directors to strengthen corporate governance, and appointed Cai Mingzhang, Chairman of the Republic of China Shopping Center, and Guo Darui, General Manager of Front Desk Mao, as the responsible supervisors of real estate development and operation.