Chester Koo (
The news of his death comes just two weeks after
Koo retired as head of China Life.
The Koo family, one of Taiwan's richest with interests ranging from cement to communications, made an official announcement yesterday afternoon.
Nelson Chang (張安平), chief operating officer of GigaMedia, has been appointed to temporarily act as the broadband Internet service provider's chairman, the statement said.
Koo, 49, and his father Koo Chen-fu (
Koo Chen-fu, chairman of Koos Group (
In light of Chester Koo's death, China Life shares fell as much as 3.1 percent to NT$9.55 in early Taiwan trading. But the shares soon recovered to NT$10.20 at around 10am before closed at NT$9.85.
A Taiwan Cement Corp (
Meanwhile, the question of who would lead a proposed joint venture between GigaMedia and Star TV, a satellite television unit of the US-based News Corp, remains unknown. Earlier this month, the two announced a US$100 million venture to provide interactive TV service in Taiwan late next year or early 2003. Both companies were to hold equal shares in the venture with Chester Koo designated to chair the new entity.
An Emirates flight from Dubai arrived at Taiwan Taoyuan International Airport yesterday afternoon, the first service of the airline since the US and Israel launched strikes against Iran on Saturday. Flight EK366 took off from the United Arab Emirates (UAE) at 3:51am yesterday and landed at 4:02pm before taxiing to the airport’s D6 gate at Terminal 2 at 4:08pm, data from the airport and FlightAware, a global flight tracking site, showed. Of the 501 passengers on the flight, 275 were Taiwanese, including 96 group tour travelers, the data showed. Tourism Administration Deputy Director-General Huang He-ting (黃荷婷) greeted Taiwanese passengers at the airport and
POSSIBILITIES EMERGE: With Taiwan’s victory and Japan’s narrow win over Australia, Taiwan now have a chance to advance if South Korea also beat the Aussies Taiwan has high hopes that the national baseball team would advance to the World Baseball Classic (WBC) quarter-finals after clinching a crucial 5-4 victory over South Korea in a nail-biting extra-inning game at the Tokyo Dome yesterday. Boosted by three home runs — two solo shots by Yu Chang (張育成) and Cheng Tsung-che (鄭宗哲) and a two-run homer by Stuart Fairchild — the triumph gave Taiwan a much-needed second victory in the five-team Pool C, where only the top two finishers would advance to the knockout stage in Miami, Florida. Entering extra innings with the game tied at four apiece, Taiwan scored
MISSION OF PEACE: The foreign minister urged Beijing to respect Taiwan’s existence as an independent nation, and work together to ensure peace and stability in the region Minister of Foreign Affairs Lin Chia-lung (林佳龍) yesterday rejected Chinese Minister of Foreign Affairs Wang Yi’s (王毅) comments about Taiwan, criticizing China as a “troublemaker” in the international community and a disruptor of cross-strait peace. Speaking at a news conference on the sidelines of the Chinese National People’s Congress, Wang said that Taiwan has always been a territory of China and that it would be impossible for it to become its own country. The “return” of Taiwan to China was the natural outcome of the Chinese people’s resistance against Japan in World War II, and that any pursuit of independence was “doomed
One person was killed and another seven injured today when a tourist shuttle bus plunged 30m to 40m down a ravine in Nantou County, the Tourism Administration said. The bus is suspected to have suddenly accelerated out of control near the flower center of the Sun-Link-Sea Forest Recreation Area, a popular attraction during cherry blossom season. Of the eight onboard, a 66-year-old man was killed, four were seriously injured and three sustained minor injuries, including the driver. The Nantou County Police Department said it received a report of the incident at 12:15pm and dispatched seven teams to assist. All surviving passengers have been transferred
RSS