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Article: NEW BRIDGE CAPITAL CHARGES ITS TAIWAN RIVAL
- Article from:
- AsiaInfo Services
- Article date:
- May 27, 2003
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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New Bridge Capital Charges its Taiwan Rival
SHENZHEN, May 27, 2003 (SinoCast via COMTEX) -- According to the reports
of the Wall Street Journal, the New Bridge Capital Inc. of the US
has sued China Trust Commercial Bank Co., Ltd. of Taiwan to a local
Texas court. China Trust Commercial Bank Co., Ltd. is the prospective
rival of the New Bridge Capital Inc. in acquiring the shares in Shenzhen
Development Bank of the Mainland China.
According to the New Bridge Capital Inc., China Trust Commercial Bank
has resorted to unfair competitive means in its negotiations with
Shenzhen Development Bank to acquire shares in the bank. Besides,
China Trust Commercial Bank has on ...