Taiwan FamilyMart Shareholder Reshuffle Does Not Affect Operations
Posted on 2022-12-28 16:06:13
Taiwan FamilyMart’s Chairman says recent changes in major shareholders have no effect on operations.
Yeh Rong-ting’s statement comes after the majority shareholder of Cathay Financial Holding Company has recently bought a near 20-percent stake in the convenience store chain from Tai-sun.
Yeh says “the largest shareholder is still FamilyMart Japan, and what we do is to respond to consumer demand."
According to the company’s annual report, Family Mart’s largest shareholder is Nissho, which holds nearly 50-percent of the shares.
Edible oil brand Taisun Enterprise was the second largest shareholder with nearly 20-percent until two weeks ago.
Wan Pao Development Company recently acquired all stakes in Taiwan FamilyMart from Taisun Enterprise.
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