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Article: BUSINESS IN ASIA TODAY - NOV 11, 2009.

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AsiaPulse News
Article date:
November 11, 2009
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Business in Asia on November 11, 2009. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:

TAIWAN GOVERNMENT TAKES OVER TROUBLED HIGH-SPEED RAIL COMPANY

TAIPEI - Public stakeholders seized nine of 15 seats on the board of directors and supervisors of the troubled Taiwan High-Speed Rail Corp. (THSRC) Tuesday, allowing the government to take control of the debt-ridden company. THSRC called a provisional meeting of its shareholders, in which the board's seats went up for election, because the company has been in serious financial straits, which led ...

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