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Taipei court approves dismissal of Tatung chair for abuse of power | Taiwan News

2020/12/17 17:27 Tatung Chairwoman Lin Kuo Wen-yen (center) at Taipei District Court.  Tatung Chairwoman Lin Kuo Wen-yen (center) at Taipei District Court.  (CNA photo) TAIPEI (Taiwan News) The Taipei District Court ruled on Thursday (Dec. 17) that the chairwoman of Taiwanese home appliance brand Tatung Co. (大同) should be discharged from her position for abusing her power. In a highly controversial shareholders meeting on June 30, Lin Kuo Wen-yen (林郭文艷), one of the founders of Tatung, retained full control of the nine-member board by blocking several shareholders, who collectively hold a 53-percent stake in the company, from exercising their right to vote. She accused them of illegally receiving funding from China.

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