Two Chinese Nationalist Party (KMT) lawmakers yesterday demanded Mega Financial Holding Co chairman Cheng Shen-chih (鄭深池) resign for changing the name of his company from International Commercial Bank of China (ICBC) to Mega International Commercial Bank. ICBC joined Mega Financial Group on Dec. 31, 2002, and was merged into the group's Chiao Tung Bank yesterday. The lawmakers said the name change was made to eliminate "China" from the bank's name, a move they said pandered to President Chen Shui-bian's (陳水扁) call for the government to carry out a policy of breaking away from China. "ICBC was a firm with a good reputation for more than 100 years and therefore its name is valuable," Tsai said.
Tue, Aug 22, 2006 - Page 3 News List
Taiwan Quick Take: KMT duo slam name change
This story has been viewed 4905 times.
Listing from 2015-06-27 to 2015-07-04
- Most read
- Most e-mailed
1Nearly 1,000 rally against Kaohsiung industrial waste plan
2Water Park Inferno: Emergency declared after blaze
3Disney to ban selfie sticks at parks over safety fears
4Hundreds injured in Bali water park inferno
5Taiwan on alert as tensions between China, Vietnam rise